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

[Clerresocel]

I can see that this project has a lot of good partners loke forbes and soke other rebutable companies. May we know what are your next plans in building a larger community for this idea?

[NetfetMiningCompany]

Im unsure about the coin atm. It certainly has been driving forward. The coin itself seems great. Kind of worried when the next algorithm they use gets cracked, are they going to fork again? I think I have about 10k ZEL. Not sure what that can do. Node of somekind?

I like the idea and its quite impressive how young the creator is.

[kittykitty2]

A time like this is now a difficult period in which the market price continues to fall and the negative news kept popping up, the team will need to update any developments and give good news to investors and fishing  the price for the ride.

[trial123]

Dev Fund Distribution and Lockup has been executed (31Aug2018)

- 11,000,000 ZEL locked up, out of circulation (~30% @ block height 153915)
- Core Team secured via contracts
- Future Zel Foundation funded for minimum 10 years


This is a step forward for Zel as we continue to accelerate the growth and development of the project

Explorer: https://explorer.zel.cash/rich-list

Thank you to our community for your ongoing support as we look forward to the future of Zel

Miles Manley
Founder | Zel Technologies GmbH

https://pbs.twimg.com/media/Dl9eTRxUYAAfh_I.png:small

[trial123]

Im unsure about the coin atm. It certainly has been driving forward. The coin itself seems great. Kind of worried when the next algorithm they use gets cracked, are they going to fork again? I think I have about 10k ZEL. Not sure what that can do. Node of somekind?

I like the idea and its quite impressive how young the creator is.

We were founded on being ASIC-Resistant to keep everything, including coin distribution, decentralized. So we will continue to resist ASICs by changing algos when necessary, similar to many of the lower market cap equihash coins.

[trial123]

Here is a link to the full slidedeck describing the Zel Dev Fund distribution and lockup, along with the future plans for securing funding for Zel.

https://goo.gl/3vyMdd

[Subwagema]

Hello, guys!
It'sa registered company, so there will be problems with decentralisation no ? or i didn't got the concept well ?

[thermosgrey]

This project does have a lot of support for this project, but look at the market conditions that are currently uncertain, it seems like the team needs to make a concerted effort to maintain the value of ZEL.

[lesshepherd]

Good morning, all!
And what fees will be paid by the merchant to use your platform as a payment processor for your web commerce? Will there be purchase protection in relation to the buyer, that's, buy and receive, because if do not receive,the protection for the refund?

[trial123]

Hello, guys!
It'sa registered company, so there will be problems with decentralisation no ? or i didn't got the concept well ?

A legal entity is required for many reasons, like getting on a top 50 exchange or to create legal obligations by the team to perform their duties. But the fact that the company is incorporated doesnt affect decentralization. Things that affect decentralization are: who controls the hash (GPUs vs ASICs), is there a private pre-sale to a small pool of investors (Zel had no presale/ICO), and what does the project actually do (Zel is creating a fully decentralized, trustless network of computing power via incentivized nodes that can be owned by anyone.

[trial123]

This project does have a lot of support for this project, but look at the market conditions that are currently uncertain, it seems like the team needs to make a concerted effort to maintain the value of ZEL.

The only way we influence price is indirectly, by hitting our roadmap and developing the technology. The price and volume is completely on the shoulders of the market and buyers/sellers.

[trial123]

Good morning, all!
And what fees will be paid by the merchant to use your platform as a payment processor for your web commerce? Will there be purchase protection in relation to the buyer, that's, buy and receive, because if do not receive,the protection for the refund?

The commerce/ZelPay module of the ecosystem is in its infancy. When more begins to be developed, we will ask the community what they would like to see, since ZelCash is a community coin.

[minerteddy]

Is there a definite date on when the masternodes will go live?

[trial123]

Is there a definite date on when the masternodes will go live?

Not yet. We will know more about ZelNode mainnet launch date when testnet is started.

[Cryptobuba]

Zel go go to the Pluto 

[Brendan_Conlon]

The technology plan can be called successful, it remains only to wait for its implementation.Modern network of data storage and distribution has many disadvantages,and the project can be a great solution that has long been needed not only individuals but also large companies.

[z-LO-y]

You can only trade and buy your token on the STOCK exchange.EXCHANGE ? Do you plan to expand the list of exchanges and add more liquid exchanges with large trading volumes ? I'd like to invest in your coin but I don't like secondary exchanges. The project itself is your good and I really liked it

[trial123]

You can only trade and buy your token on the STOCK exchange.EXCHANGE ? Do you plan to expand the list of exchanges and add more liquid exchanges with large trading volumes ? I'd like to invest in your coin but I don't like secondary exchanges. The project itself is your good and I really liked it

Stocks.exchange has almost all the volume. Zel is traded on tradeOgre, tradeSatoshi and Graviex.

We are always working on getting listed on larger exchanges, but the environment now is extremely expensive and a long process for listing. Not being an ICO, we cannot pay these 20-50 BTC listing fees and are exploring all possible other avenues.

[NetfetMiningCompany]

Stocks.exchange has been a reputable service for me. I frequently use them for coins like PIRL as well. I really dont like seeing such a reputable project on Graviex though. That exchange doesnt care what they list and they dont mind selling scam coins. You can see what im talking about in their ANN. Last listing is bitcoin5000? The hell is that lol.

[acpool]

hi everyone.

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