[ANN][Flux] ZelCore - FLUX - First Decentralized Computational Network

[Xman79]

Nice Live on Youtube ! Good luck to this project. So many good ideas behind the scene.... With ZelTrez planned for May 31st, be prepared for a new era !

https://www.youtube.com/watch?v=6YQZQng7dOI

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[SeksiStarlord]

Do you work on another exchange? Stock exchange is low volume and for bigger investors we need a more liquid exchange.

Also I heard that ZelTrez will be closed source and not open? Is this true?

[trial123]

Do you work on another exchange? Stock exchange is low volume and for bigger investors we need a more liquid exchange.

Also I heard that ZelTrez will be closed source and not open? Is this true?

we are on stocks.exchange and graviex. Almost all liquidity is on stocks.exchange. There just arent that many coins on the market as a fair number of people are holding for zelNodes.

Yes, ZelTreZ is closed source. It will generate a little revenue to keep the project going as other coins pay to be implemented, and these funds will help fund other Zelcash projects down the line, like an extremely cheap Dex, zelPay, zelID, etc.

[nick1492]

I want this project zeltrez to succeed so that these big exchanges that are demanding huge amount of money so that coins can be listed on their exchanges will be stopped. As more and more coins will no longer be dependent on these huge exchanges, more funds will be diverted to the development of the coins instead of paying these exchanges. Go zeltrez go!

[FFI2013]

I want this project zeltrez to succeed so that these big exchanges that are demanding huge amount of money so that coins can be listed on their exchanges will be stopped. As more and more coins will no longer be dependent on these huge exchanges, more funds will be diverted to the development of the coins instead of paying these exchanges. Go zeltrez go!

It's crazy the amount of money some of these exchanges are charging to list a coin I understand they have to charge something for labor and server cost to setup and test but it's getting out of control

[trial123]

Speaking of exchanges, TradeSatoshi is running a vote for favorite privacy coin, top 3 winners get listed on their exchange, with 5 pairings: BTC, USDT, DOGE(?), BCH, and LTC. All you have to do is go to the Google Doc and type in "Zelcash" to vote. TradeSatoshi seems like a good mid-tier exchange to get us off being so reliant on stocks.exchange. If you feel the same, please vote at the link below:

https://docs.google.com/forms/d/e/1FAIpQLSdc9ZbRynDDF480qBhKNs4wqwmEe97leog9MC25OJdmKUmImw/viewform

[bobitza202]

What is the current circulating supply?

Later edit: ok so i made some calculations (hope it's correct)

-81936 blocks (as of now) x 150 ZEL (reward) = 12,290,400 supply
-Current price on stocks.exchange is about 0.09$, wich gives a market cap of approx 1mil$

[trial123]

What is the current circulating supply?

Later edit: ok so i made some calculations (hope it's correct)

-81936 blocks (as of now) x 150 ZEL (reward) = 12,290,400 supply
-Current price on stocks.exchange is about 0.09$, wich gives a market cap of approx 1mil$

Definitely close. the first 5k blocks were a slow roll out from 25 linearly up to 150 zel. First 5k blocks is a total of 312,500 Zel. Also there was a pre-mine which is used exclusively as a dev fund and is held in a transparent address at:
https://explorer.zel.cash/address/t1W3DXSzNbXPWF7ghEU3xcqjLfBAKJGcmN4

At block 82,078, supply is 11,874,200, plus the def fund of 11,274,576, for grand total of 23,148,776 zel mined so far. The market is all over the place now, but with that number you can derive market cap. Should be somewhere around $2Mil at current prices.

The dev fund is being used very sparingly, which the goal being to have more than 10Mil left by the end of this year.

[bobitza202]

What is the current circulating supply?

Later edit: ok so i made some calculations (hope it's correct)

-81936 blocks (as of now) x 150 ZEL (reward) = 12,290,400 supply
-Current price on stocks.exchange is about 0.09$, wich gives a market cap of approx 1mil$

Definitely close. the first 5k blocks were a slow roll out from 25 linearly up to 150 zel. First 5k blocks is a total of 312,500 Zel. Also there was a pre-mine which is used exclusively as a dev fund and is held in a transparent address at:
https://explorer.zel.cash/address/t1W3DXSzNbXPWF7ghEU3xcqjLfBAKJGcmN4

At block 82,078, supply is 11,874,200, plus the def fund of 11,274,576, for grand total of 23,148,776 zel mined so far. The market is all over the place now, but with that number you can derive market cap. Should be somewhere around $2Mil at current prices.

The dev fund is being used very sparingly, which the goal being to have more than 10Mil left by the end of this year.

Thanks, i found ZEL after reviewing some equihash coins lists, i'll take a further look into it, i see that there isn't much of an exposure, maybe after it'll appear on CMC it'll get interesting  

[trial123]

Thanks, i found ZEL after reviewing some equihash coins lists, i'll take a further look into it, i see that there isn't much of an exposure, maybe after it'll appear on CMC it'll get interesting  

Most of the exposure/news/discussion is on Discord and Twitter. Here's a discord link if youre interested
https://discord.gg/svDHPud

CMC requires $100k daily trade volume, which is hard to reach for a coin that didnt ICO or pre-sell MNs, but we'll get there. Here's a site similar to CMC : https://coinlib.io/coin/ZEL/Zelcash

I expect interest and user engagement to pick up after we launch the ZelTreZ platform on May 31st.

[klantmarc]

I expect interest and user engagement to pick up after we launch the ZelTreZ platform on May 31st.

What is the ZelTreZ platform and what does it do/use case?

thx

[Jdjw89]

Speaking of exchanges, TradeSatoshi is running a vote for favorite privacy coin, top 3 winners get listed on their exchange, with 5 pairings: BTC, USDT, DOGE(?), BCH, and LTC. All you have to do is go to the Google Doc and type in "Zelcash" to vote. TradeSatoshi seems like a good mid-tier exchange to get us off being so reliant on stocks.exchange. If you feel the same, please vote at the link below:

https://docs.google.com/forms/d/e/1FAIpQLSdc9ZbRynDDF480qBhKNs4wqwmEe97leog9MC25OJdmKUmImw/viewform

Has my vote. I'm hoping for an exchange listing that supports whattomine.com. That should bring in lots of exposure and increase the network hash rate. Hopefully spread the hash rate out a little more as well if a few more pools get on board.

[CalvinTheSavage]

I apologize if this has already been stated but i did not see it on the website and such, but has zel already notified how many coins will need to be held as collateral for a node?

[dagger77]

I think this can go to $1 before end of 2018

[trial123]

I apologize if this has already been stated but i did not see it on the website and such, but has zel already notified how many coins will need to be held as collateral for a node?

This has not been determined yet. The community will discuss near the end of Q2 on things like # of coins for collateral, rewards, etc. There will be 3 tiers, each with varying levels of collateral, rewards, VPS requirements, and things like that.

[CalvinTheSavage]

I apologize if this has already been stated but i did not see it on the website and such, but has zel already notified how many coins will need to be held as collateral for a node?

This has not been determined yet. The community will discuss near the end of Q2 on things like # of coins for collateral, rewards, etc. There will be 3 tiers, each with varying levels of collateral, rewards, VPS requirements, and things like that.

Thanks for the response. Ill stay tuned for the updates

[Vandar]

Hello Dear friends ,
I wanted to inform that we have added ZelTreZ wallet in the bitcoinz comparison tables with an exclusive line for it as a special feature trying to help ZeltreZ and the brother-coin Zelcash to be more well-known.

Congratulations for all your efforts.

The tables :

https://twitter.com/VandarGR/status/999763638553579526?s=19

https://twitter.com/VandarGR/status/1001861565216444418?s=19

Enjoy!

[trial123]

Zelcash will be live streaming tomorrow from Switzerland with Miles, TheTrunk, and Lumi, the founder and early developers of Zelcash/ZelTreZ.
May 31st, 18:30 UTC.
The meeting will discuss the newly launched ZelTreZ platform/wallet, algo swap update for ASIC-resistance, legal formation update, and Q&A from community members.
We will post a link here to the YouTube live stream beforehand.

[trial123]

ZelTreZ multi-asset wallet/platform is now live. Lightweight and full node capable wallets for Zel, BTCZ, ZEC, HUSH, BTC, LTC, ETH, and RVN.

https://zeltrez.io <---- download link

[dagger77]

Can you add bitcoin Privet to ZelTrez ?