Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9

[TheronB]

So show us the proof this was done with ASICs.
 

Prove it was done with GPU's

The educated guess would point to ASIC's being used, as it is commonly discussed that this exact attack is the primary risk of ASIC's towards small cap coins...
However when one entity currently controls over 50% of the zec network, it is also a risk to zec... and it was zooko that took the educated guess that bitmain has over 50% of network hashrate now.

I agree sense china steals from the US any time they can who to say the CEO doesn't do some shandy shit with butmian there not heard account able for anything they do, so why not i bet is how they see it  and trumps giving china a pass with ZTE makes "China Great again" is new the buzzword.. so trump  can pad his Picket with 5 billion and who knows how much more ..

cryptomined you were right two year ago about the trump reality show and china is taking advantage of it any they can including with who controls the cryptosystem.

I'm willing to bet the CEO of butmain has to ask china's President to do some stuff to the US and the world or China has a lot of say in what butmain does .

This is a major risk with allowing a chinese company to control the hashrate of any POW coin... bitmain and other chinese ASIC manufactuers can easily be controlled by the chinese government... and that is not a nice thought.  (since i live in china i can speak from being on the ground here)

I'm not the one advocating that 51% attacks are a problem.   I don't care who has the hashing power or how it is used.  It's just natural selection.   Some coins will be killed.   That's good.  Do we really need more than a handful of cryptos?  Just let the free, open market sort everything out.  Fighting the ASICs only DECREASES the chance of more competition eventually emerging.   It's a short-term gain, long-term loss fool's errand.

I see a future with official government cryptos that operate on a universal network to allow cheap and easy but accountable transactions worldwide, excluding craphole, poorly governed countries that refuse to participate.  That's why a handful of old school cryptos will explode after the coming crypto winter.

Once crypto is backed by GDP, it will be universally accepted and useable because it will be stable.

Speaking of which, you should applaud Bitmain for backing Circle/USD Coin.   That's definitely a step in the right direction.

[dmwardjr]

I'm not the advocating that 51% attacks are a problem.   I don't care who has the having power.  It's just natural selection.   Some coins will be killed.   That's good.  Do we really need more than a handful of cryptos?  Just let the free open market sort everything out.  Fighting the ASICs only DECREASES the chance of more competition eventually emerging.   It's a short term gain long term loss fool's errand.

I see a future with official government cryptos that operate on a universal network to allow cheap and easy but accountable transactions worldwide, excluding craphole, poorly governed countries that refuse to participate.  That's why a handful of old school cryptos will explode after the coming crypto winter.

Once crypto is backed by GDP, it will be universally accepted and useable because it will be stable.

Speaking of which, you should applaud Bitmain for backing Circle/USD Coin.   That's definitely a step in the right direction.

Well you just have it all figured out don't you.  lol

Notice how these new user accounts come on to shill for BITMAIN with their worthless two cents?  What was said there is so laughable, I'm not even going to try to give a proper response. It would be a waste of my valuable time.

These newbies not only act as though they are mining experts but also act as if they are economic and financial experts.  lol

The spelling and all is terrible.  Are you Chinese?  Do you work for Bitmain?

[Apocalypse Onion]

These newbies not only act as though they are mining experts but also act as if they are economic and financial experts.  lol

That "official government cryptos" line seems familiar, I think I read it several times today.

It's like they get discussion points sent out in a newsletter or something.

[TheronB]

I'm not the advocating that 51% attacks are a problem.   I don't care who has the having power.  It's just natural selection.   Some coins will be killed.   That's good.  Do we really need more than a handful of cryptos?  Just let the free open market sort everything out.  Fighting the ASICs only DECREASES the chance of more competition eventually emerging.   It's a short term gain long term loss fool's errand.

I see a future with official government cryptos that operate on a universal network to allow cheap and easy but accountable transactions worldwide, excluding craphole, poorly governed countries that refuse to participate.  That's why a handful of old school cryptos will explode after the coming crypto winter.

Once crypto is backed by GDP, it will be universally accepted and useable because it will be stable.

Speaking of which, you should applaud Bitmain for backing Circle/USD Coin.   That's definitely a step in the right direction.

Well you just have it all figured out don't you.  lol

Notice how these new user accounts come on to shill for BITMAIN with their worthless two cents?  What was said there is so laughable, I'm not even going to try to give a proper response. It would be a waste of my valuable time.

These newbies not only act as though they are mining experts but also act as if they are economic and financial experts.  lol

The spelling and all is terrible.  Are you Chinese?  Do you work for Bitmain?

You've obviously never tried using this forum on mobile while running on a treadmill.  It's darn difficult to see what the heck you are typing or if the auto-correct in Swiftkey has chosen the wrong words.  They really need to make this site more friendly to mobile.

I'd like to see your arguments against GDP backed cryptos, thinning the crypto market and the USD Coin.  Too bad your ethnocentric viewpoints have taken over your judgement.  Ohio native BTW.  I joined this forum for info on the FPGAs I'm migrating to, and I'd wager I have as much or more experience in crypto than most people here.  If you'd like to discuss things civilly, I'd be up for it.

[TheronB]

These newbies not only act as though they are mining experts but also act as if they are economic and financial experts.  lol

That "official government cryptos" line seems familiar, I think I read it several times today.

It's like they get discussion points sent out in a newsletter or something.

You wouldn't like a crypto similar to the speed and ease of use of something like NANO or IOTA that was backed by the US government's GDP and pegged to the dollar?  Every ATM would be able to instantly switch between fiat and crypto and instantly update all account information.

It would probably require hardware acceleration like HPB to keep the TPS high enough, and it would definitely need 0Conf for small purchases and confirmations under 30 seconds for larger ones, but all that is definitely possible.

Everything is just way too volatile as things stand now for mass adoption.

[cryptomined]

I'm not the one advocating that 51% attacks are a problem.   I don't care who has the hashing power or how it is used.  It's just natural selection.   Some coins will be killed.   That's good.  Do we really need more than a handful of cryptos?  Just let the free, open market sort everything out.  Fighting the ASICs only DECREASES the chance of more competition eventually emerging.   It's a short-term gain, long-term loss fool's errand.

I see a future with official government cryptos that operate on a universal network to allow cheap and easy but accountable transactions worldwide, excluding craphole, poorly governed countries that refuse to participate.  That's why a handful of old school cryptos will explode after the coming crypto winter.

Once crypto is backed by GDP, it will be universally accepted and useable because it will be stable.

Speaking of which, you should applaud Bitmain for backing Circle/USD Coin.   That's definitely a step in the right direction.

you see a future that is centralized... controlled, pegged...

bitmain backed circle usd coin as a bribe so they could bulid mining farms in the states.  this was done for their best interests, not ours... they never have our best interests at heart.

the whole idea of crypto was supposed to get us away from centralization... away from politicians and governments that can be bribed... away from corruption...

when corrupt companies can do things the rest of the public can not - that is not an open market

if crypto is too volatile for you, stick to the USD.  crypto doesn't need you.  if you prefer centralized corrupt currencies... you already have them and you can want more... but don't tell us what we want... we know what we want.

as for natural selection... medicine is also a part of natural selection and ProgPOW is the medicine that POW crypto's need

[dmwardjr]

you see a future that is centralized... controlled, pegged...

bitmain backed circle usd coin as a bribe so they could bulid mining farms in the states.  this was done for their best interests, not ours... they never have our best interests at heart.

the whole idea of crypto was supposed to get us away from centralization... away from politicians and governments that can be bribed... away from corruption...

when corrupt companies can do things the rest of the public can not - that is not an open market

if crypto is too volatile for you, stick to the USD.  crypto doesn't need you.  if you prefer centralized corrupt currencies... you already have them and you can want more... but don't tell us what we want... we know what we want.

as for natural selection... medicine is also a part of natural selection and ProgPOW is the medicine that POW crypto's need

Well spoken, Cryptomined.

I'm banned now on ZCash Forum...   ROFL...

I'm banned for posting what a Moderator said.  Instead of him coming back with a comment to try to CLARIFY his statement, he bans me.  ROFL...

I'm about to ACTIVELY PROMOTE ZEN.

I'm going to PROVE to ZCash Company and ZCash Foundation that ONE PERSON CAN ACTUALLY MAKE A DIFFERENCE.

Keep up the great work, Cryptomined.

[TheronB]

So they think following ETH's example is the best way forward.

Move on...

[dmwardjr]

So they think following ETH's example is the best way forward.

Move on...

Move on to ZEN.

[cryptomined]

I'm banned now on ZCash Forum...   ROFL...

I'm banned for posting what a Moderator said.  Instead of him coming back with a comment to try to CLARIFY his statement, he bans me.  ROFL...

LOL

yeah root, he was a good guy, used to chat with him a lot, but he is very pro asic... and now he is a zcash mod... heh.. a sellout... he loves bitmain... and loves bcash... and loves roger ver pump and dump scammer... him and zooko have a lot in common...

anyways they can all go F themselves.. that forum died well over a year ago... its been worthless since the end of 2016... 

[dmwardjr]

I'm banned now on ZCash Forum...   ROFL...

I'm banned for posting what a Moderator said.  Instead of him coming back with a comment to try to CLARIFY his statement, he bans me.  ROFL...

LOL

yeah root, he was a good guy, used to chat with him a lot, but he is very pro asic... and now he is a zcash mod... heh.. yeah he is a sellout himself... he loves bitmain...

anyways they can all go F themselves

Yes sir.  Agreed.

As soon as my mining room remodel is completed within the next 7 to 8 days, I'm going to PROVE to Zcash that ONE person can't actually make a difference in the scheme of things.

I'm about to go on a major campaign to promote ZEN and demote ZEC.

[cryptomined]

Yes sir.  Agreed.

As soon as my mining room remodel is completed within the next 7 to 8 days, I'm going to PROVE to Zcash that ONE person can't actually make a difference in the scheme of things.

I'm about to go on a major campaign to promote ZEN and demote ZEC.

hopefully zen doesnt get hurt by the asics through 51% attacks... a lot of good coins like zen and komodo are at risk now... these are great projects that don't deserve to get screwed over because of bitmains greed.

fact about root - he was only in it for the money - said so himself... sad they promote someone like that to moderator... heh.. i guess its a business so zec co and him have more in common with each other...

[dmwardjr]

hopefully zen doesnt get hurt by the asics through 51% attacks... a lot of good coins like zen and komodo are at risk now... these are great projects that don't deserve to get screwed over because of bitmains greed.

fact about root - he was only in it for the money - said so himself... sad they promote someone like that to moderator... heh.. i guess its a business so zec co and him have more in common with each other...

I was thinking the same thing, in regards to the 51% attacks.  Especially after that episode with BTG.

Yes sir, very sad indeed they promote someone like that to Moderator.

Anyway, I'm jumping on the ZEN wagon and going to do some serious marketing for ZEN soon because [Like you've said] Zcash does not have our best interest at heart.

Have a good day/evening, CryptoMined, and keep up the great work, Sir.

[dmwardjr]

The network hash rate for Zcash is beginning to go up quite a bit.  This is only the beginning.  It's going to get worse.  You can bet BITMAIN is distributing their Z9 hash across all Equihash coins at the top of http://whattomine.com/coins.  However, I believe they are increasing their hash with NOT the Z9 "mini" but with Z9 "Beast."  {Made up the name "Beast"} They are selling the "mini" to gullible peons who have no idea what's in store for them.

Zcash network hash currently at 656 MH/s at this writing.  By the time Equihash coins get around to a fork of some kind, it may be too late.  Equihash ASIC's will have pushed GPU miners away from Equihash Algorithm coins to other coins; which will drive up their difficulty.  This is about to get messy for GPU miners.

Whenever ZEN, BTG and other small Equihash coins do get around to making an announcement with a DATE OF A FORK, don't be surprised if we see 51% attacks just before those dates.  The networks are about to get extremely vulnerable to BITMAIN.

EDIT:  Zcash Forum banned me till May 21, 3018.  NOT 2018.   THREE thousand eighteen.  ROFL....

[heavyarms1912]

hopefully zen doesnt get hurt by the asics through 51% attacks... a lot of good coins like zen and komodo are at risk now... these are great projects that don't deserve to get screwed over because of bitmains greed.

fact about root - he was only in it for the money - said so himself... sad they promote someone like that to moderator... heh.. i guess its a business so zec co and him have more in common with each other...

I was thinking the same thing, in regards to the 51% attacks.  Especially after that episode with BTG.

Yes sir, very sad indeed they promote someone like that to Moderator.

Anyway, I'm jumping on the ZEN wagon and going to do some serious marketing for ZEN soon because [Like you've said] Zcash does not have our best interest at heart.

Have a good day/evening, CryptoMined, and keep up the great work, Sir.

Has ZEN decided to fork?  Afaik they are debating on it.
https://github.com/ZencashOfficial/zen/issues/142#issuecomment-386822193

[Dr_Thrax]

Fuck off ZEC, sell your coins, and move power to another coin, let it die "In love" with ASICs, like another coins.

[Tidsdilatation]

It is always sad to see a company sign their own death sentence, but i can see why they are doing it. They dont want to waste all that time they spent on updates that they would have to throw down the toilet if they decided to fork.
RIP ZEC.

[fanatic26]

Notice how these new user accounts come on to shill for BITMAIN with their worthless two cents?  What was said there is so laughable, I'm not even going to try to give a proper response. It would be a waste of my valuable time.

These newbies not only act as though they are mining experts but also act as if they are economic and financial experts.  lol

The spelling and all is terrible.  Are you Chinese?  Do you work for Bitmain?

So lets see....when presented with reasoned arguments or requests for proof to backup your claims all you can do is call them a bitmain shill because you have no legit answers when called out.

You call people out as newbies like a post count is all that matters. Yet another deflection tactic because you dont have any facts to back up your tin foil hat theories.

Now you are going to try and call people out because their English isn't impeccable? News flash, this is a site used by people around the word, they dont all speak English as a first language, yet have learned enough to communicate on here. All you can do is act like a bigot and make baseless accusations, kind of pitiful really.

I feel sorry for ZEN, having someone like you advertising for them will do more harm then good.

[ltcsprite]

lol this hillbilly said he used to obtain bitcoin by ANY MEANS necessary.

Now all of the sudden, flippity floppaty floop.   

[TheronB]

hopefully zen doesnt get hurt by the asics through 51% attacks... a lot of good coins like zen and komodo are at risk now... these are great projects that don't deserve to get screwed over because of bitmains greed.

fact about root - he was only in it for the money - said so himself... sad they promote someone like that to moderator... heh.. i guess its a business so zec co and him have more in common with each other...

I was thinking the same thing, in regards to the 51% attacks.  Especially after that episode with BTG.

Yes sir, very sad indeed they promote someone like that to Moderator.

Anyway, I'm jumping on the ZEN wagon and going to do some serious marketing for ZEN soon because [Like you've said] Zcash does not have our best interest at heart.

Have a good day/evening, CryptoMined, and keep up the great work, Sir.

Has ZEN decided to fork?  Afaik they are debating on it.
https://github.com/ZencashOfficial/zen/issues/142#issuecomment-386822193

It will be sweet when they decide forking is a losing battle.