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Author Topic: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax  (Read 72319 times)
renuzit
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June 07, 2018, 06:21:50 AM
 #1541

Introducing ZHash, a new hashing algorithm with the goal of hardening the Equihash protocol to be more ASIC resistant. The ZHash algorithm works by increasing the hardware requirements of Equihash to make development of an ASIC appliance less viable. The goal of ZHash is to put GPU mining on a level playing field with ASICs and FPGAs as far as hashing rates and costs are concerned so that they do not get too much of an advantage.

On block 160,000 around June 15th ~ 16th BitcoinZ will fork to the ZHash algorithm to prevent ASIC miners on the network. Before the fork, all nodes and wallets should be updated to the latest version to help support the new algorithm.

List of things that have been released:

Still needed:
  • Optimized GPU miner for AMD
  • Testers

Let us know how you can help!

The ZHash algorithm is based on the Equihash 144,5 variant and was primarily based on the development of @tromp, The BitcoinZ project, and The ASIC Resistance consortium.
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Easteregg69
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June 07, 2018, 09:23:58 AM
 #1542


You would hate your dick if you had nothing else to pour it on.

In decentralization we trust!


Stockholm ? You all know what is going on..

Cheech & Chong - Earache My Eye
https://www.youtube.com/watch?v=VJW67QN24SA

Imagine those drumsticks. They could be yours ?

Flames comming out of the guitar and nothing happens ?

Why the hate?

Balancing the system. You just go and hate that dolly and we will have a good laugh while you are at it.
Easteregg69
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June 07, 2018, 09:38:24 AM
 #1543

dev are u plan to burn some about 80% or 70% of coin for growing price?

You still deserve an answer.
dtr
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June 07, 2018, 12:17:41 PM
 #1544

Just updated and immediately got EOS -1 error.
Easteregg69
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June 07, 2018, 01:25:53 PM
 #1545

Just updated and immediately got EOS -1 error.

Remember to backup your privatekey.
JTEC
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June 07, 2018, 01:45:46 PM
 #1546

Hi, Is there a release of the Zhasher miner? Nothing on Github
Trafo
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June 07, 2018, 01:58:58 PM
 #1547

Hi developers!

Please explain us what makes the ZHash algorithm unique face to the Equihash-BTG algorithm announced by the BTG team?
https://forum.bitcoingold.org/t/our-new-equihash-equihash-btg/1512

As far as I see both teams will change from Equihash <200,9> parameters to Equihash <144,5> variant, which significantly decreases the threat of ASIC miners.

But why are these 2 names and what is the difference between ZHash / Equihash-BTG? Thanks for your explanation!

--------------------------
BitcoinZ: ASIC resistant coin with unique ZHash algorithm


BTG has changes to their headers as well as a different customization string from ZHash that makes it incompatible. The two projects also have no reason to make them compatible. We helped them get their miner working, so we know it's incompatible for now.

That makes sence Renuzit! Thank you!
Good to know that the BitcoinZ developers are capable of helping for the BTG team  Wink



--------------------------
BitcoinZ: Few more blocks until 160 000 ZHash algo: https://explorer.bitcoinz.site/blocks
LesiA
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June 07, 2018, 05:25:06 PM
 #1548

Introducing ZHash, a new hashing algorithm with the goal of hardening the Equihash protocol to be more ASIC resistant. The ZHash algorithm works by increasing the hardware requirements of Equihash to make development of an ASIC appliance less viable. The goal of ZHash is to put GPU mining on a level playing field with ASICs and FPGAs as far as hashing rates and costs are concerned so that they do not get too much of an advantage.

On block 160,000 around June 15th ~ 16th BitcoinZ will fork to the ZHash algorithm to prevent ASIC miners on the network. Before the fork, all nodes and wallets should be updated to the latest version to help support the new algorithm.

List of things that have been released:

Still needed:
  • Optimized GPU miner for AMD
  • Testers

Let us know how you can help!

The ZHash algorithm is based on the Equihash 144,5 variant and was primarily based on the development of @tromp, The BitcoinZ project, and The ASIC Resistance consortium.

Amazing, can't wait Smiley
baslo989
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June 07, 2018, 05:28:51 PM
 #1549

Alright I see you guys posted an updated wallet and stuff... can someone explain to us noobs how to update wallet and also I am using equipool miner (bminer) which is giving really great results on my 1080's I am going to be able to use same software for that or I'll have to switch to something else. Thanks!
slim33
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June 07, 2018, 08:13:47 PM
 #1550

Just updated and immediately got EOS -1 error.
Same here - couldn't connect to server.

https://i.imgur.com/hYIk2oQ.jpg
faneatiku
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June 07, 2018, 08:19:51 PM
 #1551

We've had many questions from our community - Please see responses and guidance regarding #Zhash algorithm fork here: https://drive.google.com/file/d/1zQvZsl4u8ZGn13ETnGeabcy4FC59mf-B/view

The best place to get official news: https://twitter.com/BitcoinZTeam/status/1004810848991358976


t1PXEBJZ6pgnkGmPyJKDNqD8yEDQSJ7mFoB
Trafo
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June 07, 2018, 08:46:23 PM
 #1552

Perfect Faneatiku! Thank you very much for the useful guide about ZHash transition!



--------------------------
BitcoinZ: ZHash algo starts from 160 010 block height: https://drive.google.com/file/d/1zQvZsl4u8ZGn13ETnGeabcy4FC59mf-B/view
Nebell
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June 07, 2018, 10:21:36 PM
 #1553

Any information if BTCZ will still be mineable with 3gb 1060?

BitcoinZ - community driven, no premine, no dev-tax, developers always welcome
https://bitcointalk.org/index.php?topic=3086664
https://btcz.rocks/
Coin++
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June 07, 2018, 11:11:01 PM
 #1554

Introducing ZHash, a new hashing algorithm with the goal of hardening the Equihash protocol to be more ASIC resistant. The ZHash algorithm works by increasing the hardware requirements of Equihash to make development of an ASIC appliance less viable. The goal of ZHash is to put GPU mining on a level playing field with ASICs and FPGAs as far as hashing rates and costs are concerned so that they do not get too much of an advantage.

On block 160,000 around June 15th ~ 16th BitcoinZ will fork to the ZHash algorithm to prevent ASIC miners on the network. Before the fork, all nodes and wallets should be updated to the latest version to help support the new algorithm.

List of things that have been released:

Still needed:
  • Optimized GPU miner for AMD
  • Testers

Let us know how you can help!

The ZHash algorithm is based on the Equihash 144,5 variant and was primarily based on the development of @tromp, The BitcoinZ project, and The ASIC Resistance consortium.
Good news, good job : thank you.
brooklynite1
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In BTCz we trust. Organic slow growth.


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June 07, 2018, 11:42:16 PM
 #1555

Hi developers!

Please explain us what makes the ZHash algorithm unique face to the Equihash-BTG algorithm announced by the BTG team?
https://forum.bitcoingold.org/t/our-new-equihash-equihash-btg/1512

As far as I see both teams will change from Equihash <200,9> parameters to Equihash <144,5> variant, which significantly decreases the threat of ASIC miners.

But why are these 2 names and what is the difference between ZHash / Equihash-BTG? Thanks for your explanation!



--------------------------
BitcoinZ: ASIC resistant coin with unique ZHash algorithm



BTG has 100,000 coins premined for its devs. Equal to $4,500,000. The big problem with premine is that devs continue to sell from their stash as soon as a buy order shows up and the coin can never really gain momentum. In real world terms we normally call that theft.

BTCz has NO PREMINE.

That's the difference.

https://steemit.com/bitcoin/@brooklynite/btcz-and-how-it-is-a-distinguished-crytocurrency-bitcoinz-or-bitcoin-2-0
brooklynite1
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June 07, 2018, 11:43:38 PM
 #1556

Introducing ZHash, a new hashing algorithm with the goal of hardening the Equihash protocol to be more ASIC resistant. The ZHash algorithm works by increasing the hardware requirements of Equihash to make development of an ASIC appliance less viable. The goal of ZHash is to put GPU mining on a level playing field with ASICs and FPGAs as far as hashing rates and costs are concerned so that they do not get too much of an advantage.

On block 160,000 around June 15th ~ 16th BitcoinZ will fork to the ZHash algorithm to prevent ASIC miners on the network. Before the fork, all nodes and wallets should be updated to the latest version to help support the new algorithm.

List of things that have been released:

Still needed:
  • Optimized GPU miner for AMD
  • Testers

Let us know how you can help!

The ZHash algorithm is based on the Equihash 144,5 variant and was primarily based on the development of @tromp, The BitcoinZ project, and The ASIC Resistance consortium.


Hey Renzuit. So to clarify, this CUDA miner wont work until block 160,000, correct?

https://steemit.com/bitcoin/@brooklynite/btcz-and-how-it-is-a-distinguished-crytocurrency-bitcoinz-or-bitcoin-2-0
brooklynite1
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June 07, 2018, 11:47:11 PM
 #1557

dev are u plan to burn some about 80% or 70% of coin for growing price?

You still deserve an answer.

Here is your response:

There are no free BTCz handed to anyone to "burn" This coin is 100% mined by regular miners. Devs took no tax and no premines.

The coin burning happens with ERC20 tokens where devs "print millions of coins out of thin air" and they feel bad and burn some of the "free coins" none of those are "mined" they are just minted out of thin air.

https://steemit.com/bitcoin/@brooklynite/btcz-and-how-it-is-a-distinguished-crytocurrency-bitcoinz-or-bitcoin-2-0
renuzit
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June 08, 2018, 12:46:03 AM
 #1558

Any information if BTCZ will still be mineable with 3gb 1060?

ZHash in its current state is able to mine BTCZ with 2.6GB of RAM which is less than 3GB. The 1060 3GB card is the lowest end card we want to support. As far as I know, as long as it is not being used as a video card by windows, then it should be able to mine.
ljtronics1
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June 08, 2018, 12:55:08 AM
 #1559

why your github only have 1 contributor lol ?
Vandar
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June 08, 2018, 02:05:09 AM
 #1560

*Please take in mind that it is a SOFT fork (like an update ) so there is NO coin split or something and no danger to lose coins in your btcz wallet*

https://twitter.com/VandarGR/status/1004757243005407232?s=19

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