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Author Topic: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax  (Read 104813 times)
Mixainho
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May 07, 2018, 05:29:02 PM
 #1061

To much talk about no name shit exhanges...

To much talk about wasting 10 BTC on no name shit exchanges

Not enough talk on what algo is going replace equihash...


Price of btcz keeps dropping

@BitcoinZTeam #BitcoinZ #BTCz We are pleased to announce Zhash, a new hashing algorithm designed with the goal of hardening the Equihash protocol to be more ASIC resistant.

Find more about this effort on our github page:

https://github.com/btcz/bitcoinz/issues/38
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May 07, 2018, 06:07:34 PM
 #1062

Quote from: Mixainho
@BitcoinZTeam #BitcoinZ #BTCz We are pleased to announce Zhash, a new hashing algorithm designed with the goal of hardening the Equihash protocol to be more ASIC resistant.

Find more about this effort on our github page:

https://github.com/btcz/bitcoinz/issues/38

https://twitter.com/BitcoinZTeam/status/993541508035989504?s=19

Retweet, share, tell everybody, we stay UNIQUE, EQUIHASH, ASIC RESISTOR!!
Thats Awsome!!! We will be truly Btc2.0!!!
Thanks to Nicholas and other coders!
Easteregg69
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May 07, 2018, 08:06:11 PM
 #1063

Won't it be less decentralized by shutting ascis out ? (Still stupid as fuck..)

Wow. I was just talking and price went from $0,003534 to $0,003537 on coinmarketcap.com.

Throw some "shit" and see what sticks.
Texacha
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May 07, 2018, 08:26:53 PM
 #1064

Price will go up, when people that cares only about price stop messing around. Obviosly, we have to wait few months more for that...  Cheesy

I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
mt55
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May 07, 2018, 09:45:15 PM
 #1065

It is possible, it is always possible. The question is just whether it will happen to so many coins. DOGE can't be repeated. Several pumps from 2015 onwards can't be repeated. There really needs to be very strong tech in place to convince whales to pump a coin. And there is so much development going on in many projects, it's impossible to identify and invest in all of the next 10,000% pumps.

Swingtrading is the word. Dump some coins and offer to buy them back at a lower price for the payment you get. That way you will either gain some extra coins or see the price go up. Trade against Bitcoins. Everyone's favorite. Just in case price goes up on the selloffs. Then you will have 2 winners.

Keep 1/10 of your portfolio in swing and save the rest for a rainy day. (Don't cancel given orders in the process unless you have check on the math.)

Be the whale!

It requires you to pay a good amount of attention to the markets all the time. Buy and hold strategy with projects you deem high quality is rather how I work Smiley

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Nebell
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May 07, 2018, 10:03:30 PM
 #1066

Won't it be less decentralized by shutting ascis out ? (Still stupid as fuck..)

Wow. I was just talking and price went from $0,003534 to $0,003537 on coinmarketcap.com.

No, because ASICs are usually run by big farms. And those big farms are going to point their massive hash at one single pool. You want a whole nation like Iceland and China to dominate BitcoinZ?

ASICs are terrible.

BitcoinZ - community driven, no premine, no dev-tax, developers always welcome
https://bitcointalk.org/index.php?topic=3086664
https://btcz.rocks/
hazenyc
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May 07, 2018, 10:06:14 PM
 #1067

Won't it be less decentralized by shutting ascis out ? (Still stupid as fuck..)

Wow. I was just talking and price went from $0,003534 to $0,003537 on coinmarketcap.com.

No, because ASICs are usually run by big farms. And those big farms are going to point their massive hash at one single pool. You want a whole nation like Iceland and China to dominate BitcoinZ?

ASICs are terrible.

There will always be research going on for ASIC like mining devices as crypto offers a lot of opportunity. Do you think it is possible to prevent ASICS from mining once and for all or will it always be a fight of pro ASIC and anti ASIC groups?


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TheAnnoyer
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May 07, 2018, 10:21:15 PM
 #1068

Won't it be less decentralized by shutting ascis out ? (Still stupid as fuck..)

Wow. I was just talking and price went from $0,003534 to $0,003537 on coinmarketcap.com.

No, because ASICs are usually run by big farms. And those big farms are going to point their massive hash at one single pool. You want a whole nation like Iceland and China to dominate BitcoinZ?

ASICs are terrible.

I wanted to say this.

Look what happen to BTC and LTC.  Try mining with a GPU.  No payout.  Big farms own these coins.

ASIC Mini for Equihash bury GPUs.  The maxi will ruin ZCash and Zen. 

Texacha
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May 07, 2018, 10:21:22 PM
 #1069

If we change the algo to new (like ZHash) that is not in use by any big coin, no one will be interested in building an ASIC just for BTCZ. If in some case someone do, that would mean that price of BTCZ is such that we are all millioners.

I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
minetree
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May 07, 2018, 11:38:54 PM
 #1070

Sorry for the noob question, i'v been mining BTCZ for a while now I like the project a lot and think it has potential, when the new Algo is implemented will I have to update my wallet? also what else will I have to change in order to be able to mine under the new algo?
Adrianna81
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May 07, 2018, 11:46:46 PM
 #1071

To much talk about no name shit exhanges...

To much talk about wasting 10 BTC on no name shit exchanges

Not enough talk on what algo is going replace equihash...


Price of btcz keeps dropping

@BitcoinZTeam #BitcoinZ #BTCz We are pleased to announce Zhash, a new hashing algorithm designed with the goal of hardening the Equihash protocol to be more ASIC resistant.

Find more about this effort on our github page:

https://github.com/btcz/bitcoinz/issues/38

Very good decision. I waiting for that info. BitcoinZ allways ASIC resistance!
MinermanNC
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May 08, 2018, 12:33:29 AM
 #1072

ZHash, hmmm I rather like that  Wink

*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
khe-med
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May 08, 2018, 01:11:11 AM
 #1073

Good to see new topic is officially open now for discussion about this amazing project. I like this project this is my most favorite so that I have much expectation from this team!!!
cryptolad
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May 08, 2018, 01:58:23 AM
 #1074

ZHash, hmmm I rather like that  Wink

I do too.  Someone mentioned re-branding btcz to just Z.  I like that as well.  

Look how many "btc" alts there are, including beloved btcz.  I like renaming/rebranding.

BTCD, BTCG, BTCGS, BTCP, BTCR, BTCS, BTCS, BTCSP, BTCZ, DBTC, MBTC, WBTC
Easteregg69
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May 08, 2018, 01:59:34 AM
 #1075


It requires you to pay a good amount of attention to the markets all the time. Buy and hold strategy with projects you deem high quality is rather how I work Smiley

Buy, hold, mine and trade.  Trade meaning have some bags ready for dump too. As it is today.

Throw some "shit" and see what sticks.
Easteregg69
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May 08, 2018, 02:00:39 AM
 #1076

ZHash, hmmm I rather like that  Wink

I do too.  Someone mentioned re-branding btcz to just Z.  I like that as well.  

Look how many "btc" alts there are, including beloved btcz.  I like renaming/rebranding.

BTCD, BTCG, BTCGS, BTCP, BTCR, BTCS, BTCS, BTCSP, BTCZ, DBTC, MBTC, WBTC

How about Eggcoin ? If you are an egghead. Just an idea.

Throw some "shit" and see what sticks.
Easteregg69
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May 08, 2018, 02:45:00 AM
 #1077

Eggcoin. A check told me the name is already taken..
https://coinmarketcap.com/currencies/eggcoin/

Throw some "shit" and see what sticks.
MinermanNC
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May 08, 2018, 02:47:43 AM
 #1078

AZIC coin  Grin no pun intended lol

*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
Easteregg69
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May 08, 2018, 02:53:58 AM
 #1079

Real time chart:  https://bitscreener.com/coins/bitcoinz

Throw some "shit" and see what sticks.
NinjaPickle
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May 08, 2018, 04:42:19 AM
 #1080

Sorry for the noob question, i'v been mining BTCZ for a while now I like the project a lot and think it has potential, when the new Algo is implemented will I have to update my wallet? also what else will I have to change in order to be able to mine under the new algo?
Hey Minetree,

You won't have to do anything with your wallet.  This will only affect mining new coins.  After the fork, you will need to use a miner program and pool that supports the new algo.  Details are still in work, but plans are being made to assure both will be ready for the fork.
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