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Author Topic: ✅ZeroClassic [ZERC] - Fast, anonymous and without dev fees - SOFT FORK ✅  (Read 11966 times)
jacko0088 (OP)
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September 12, 2018, 09:06:46 AM
Last edit: January 25, 2019, 06:17:32 PM by jacko0088
 #1

WARNING:HIGHLY EXPERIMENTAL - SUCCESSFULLY FORKED  (Height 412,300)
WARNING: ZeroClassic is completely EXPERIMENTAL piece of opensource software. Just accept there are no guarantees in life!

Introduction
ZERC is a fork of ZeroCurrency and Zero. Zero is a fork of Bitcoin that adds shielded transaction via zk-SNARKs.
Bitcointalk first Ann (February 19 2018)--> https://bitcointalk.org/index.php?topic=1796036.0



Statement
On September 15th, the old ZERO will fork to add block halving and dev fees. This means that a % of the Zero block reward, will go straight into the devs wallets. We've decided to NOT SUPPORT THIS UPDATE and continue maintaining the old fashioned Zero like it should be. Free, open source, without any fee, with no halving. This is why ZERO Classic (ZERC) is born.

What should I do if I already own some  ZERO [ZER] coins?
Zero will then have two chains:
  • MAIN CHAIN --> the one for users who will update their wallet and support dev fees
  • OUR OLD FASHIONED CHAIN --> for peoples staying strong on the first chain
Coins existing on the initial chain, before 15th of September, will continue to exists in both chains. Then, every fork will continue on his own. Even your receiving adresses will stay the same. (Private/Trasparent). This is called a soft fork because it doesn't acutally change the consensus of the first Zero blockchain. If you have ZERO before 15th inside your wallet, you'll have ZERC the same way. (Coins doubled)

How to install/update the daemon
Warning: it's suggested to install the new daemon on another machine. Zero and Zerc can't coexist on the same system without a consistent code change.
For users syncing from scratch, just fire up your wallet using those nodes inside your conf. (Please refer to the installation/compilation guide on GitHub README.md)
Code:
addnode=163.172.49.214
addnode=95.179.141.123
addnode=173.249.40.205
addnode=149.56.97.170
addnode=173.212.214.174
    Coin Specs
    Coin distribution changes:
    • currency name: ZeroClassic
    • currency unit: ZERC
    • no founders reward
    • no premine
    • no slow start
    • no halvening
    • stable supply of coins
    • minimizing violent mining strategies
    • removes stressful event that heavily impacts miners and market price
    • no coin cap
    • small inflation (smaller and smaller over time)
    • lowers the early adopter advantage
    • steady reward for miners can result in lower fees in future
    • at least some compensation for forever lost coins
    • 1 block per 2 minutes on average
    • 10 coins per block

    Distribution:
       7200 coins/day (the same rate as BTC and Zcash before the first halvening)
       after 1 year:     2 631 600
       after 10 years: 26 316 000
       after 20 years: 52 632 000
       after 30 years: 78 948 000

    Equihash algo variant 192_7

    • higher time complexity
        about 16 times*
    • higher memory requirements
        about 16 times*
    • faster block verifications
        4x
    • smaller solutions  
             400 bytes instead of 1344 bytes are inserted in every block[/li][/list]

    Wallets & Source
    All wallets from our website! --> http://zeroclassic.org/
    Swing Wallet Source code ---> https://github.com/LEAD-Anoy74/SwingWallet
    SimpleWallet Source code ---> https://github.com/LEAD-Anoy74/SimpleWallet
    GitHub Source Code --> https://github.com/LEAD-Anoy74/ZeroClassic

    Mining pools
    https://equigems.online/getting_started
    https://zeroclassic.voidr.net/
    https://zerc.nibirupool.com/
    https://zeroclassic.youmine.xyz/

    Exchanges
    https://cratex.io/index.php?pair=ZERC/BTC

    Block explorers
    http://explorer.zeroclassic.org/
    http://explorer2.zeroclassic.org/

    Translations
    Italian --> https://bitcointalk.org/index.php?topic=5032024.msg45872392#msg45872392

    Chat
    Discord channel --> https://discord.gg/kBnTpsn
    Info
    There's no premine or dev fund. ZeroClassic is a community driven project, without bounties.

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    Decentralized DOMAIN System (DDNS)
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    The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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    jacko0088 (OP)
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    Activity: 1148
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    Blockchain Core Dev


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    September 12, 2018, 09:11:57 AM
    Last edit: September 14, 2018, 06:43:56 PM by jacko0088
     #2


    ZeroClassic was added on EquiGems mining pool!




    https://equigems.online/getting_started

    Code:
    stratum+tcp://equigems.online:[COIN-PORT] -u [YOUR-PAYOUT-ADDRESS] -p ANYTHING


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                         ▀████████████▄
                           ▀████████████▄
    E V O


    Public DECENTRALIZED Blockchain
    Decentralized DOMAIN System (DDNS)
    High I/O SIDECHAINS

    .TWITTER.
    ──────────────
    .LINKEDIN.
                                  ▄▄
                              ▄▄▄████
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    ██▀▀▀                ▀▀▀▀
      ..P O S  v3.. 
    Enhancing Blockchain
    Technology With Innovative
    POS v3 Consensus Algorithm.



    .................BUILTIN SHARED..
    ..GOVERNANCE PROTOCOL..

            ▄███████
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    │   │      ▄▄▄▄▄▄ ▄▄▄▄▄▄
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    voidr
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    September 12, 2018, 11:15:16 AM
    Last edit: September 14, 2018, 01:18:56 AM by voidr
     #3


    Why mine with us?
    Clean, user friendly UI | Low Payout Limits | US, Europe & Asia Servers | Low Fees starting at 0.25% | PPLNT Share System | TLS Support | Discord support | Mobile friendly | API access



    Mining Pool

    https://zeroclassic.voidr.net/

    Click "Connection Information" to get started!

    Voidr Discord
    HE[A]RTLESS
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    September 12, 2018, 12:07:34 PM
     #4

    reserve for thailand translation if you need please pm to me.

    thanks.
    Txock
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    September 12, 2018, 01:43:59 PM
     #5

    Hi, one question...
    We Will recive ZeroClassic in Cryptopia ZeroCurrency(ZER) wallets?
    Thanks!
    crd007
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    September 12, 2018, 02:43:09 PM
     #6

    Hi, one question...
    We Will recive ZeroClassic in Cryptopia ZeroCurrency(ZER) wallets?
    Thanks!

    I don't think so ..

    jacko0088 (OP)
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    September 12, 2018, 03:58:02 PM
    Last edit: September 12, 2018, 04:27:11 PM by jacko0088
     #7

    Interesting to see the zero classic soft fork to remain 0 dev fees. Although is an experiment project, I believe zero classic will have its own supporters. Good luck dev.

    I'm actively working setting up the explorer right now, already contacted some pools and exchanges to list it. Forunatly I know a lot of peoples inside the crypto world! Another 4 nodes should be released before this evening (hopefully)! I see I alreay have some peoples mining on equigems.online. Also Voidr is surely going to add ZeroClassic  Smiley

    Hi, one question...
    We Will recive ZeroClassic in Cryptopia ZeroCurrency(ZER) wallets?
    Thanks!

    I don't think so ..

    The only way to see them doubled, is by withdrawing your coins to an actual ZERO wallet. Then, you can grab the private key and load back your address inside our daemon. Hopefully I'l be able to provide a Win compilation asap, to simplify things. But be careful, on linux, the ZERO daemon can't coexist with ZeroClassic, so make sure to use another pc!

    After the 15th, if ZeroClassic does his job, we'll see two different support chain! On every other ZERO discord, please inform other users, who doesn't want free coins!?


    ps: are you a snowgem supporter crd007? I've worked with Txid (their core dev) in order to get the source/wallet up and running those last days!  Smiley

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    E V O


    Public DECENTRALIZED Blockchain
    Decentralized DOMAIN System (DDNS)
    High I/O SIDECHAINS

    .TWITTER.
    ──────────────
    .LINKEDIN.
                                  ▄▄
                              ▄▄▄████
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    ██▀▀▀                ▀▀▀▀
      ..P O S  v3.. 
    Enhancing Blockchain
    Technology With Innovative
    POS v3 Consensus Algorithm.



    .................BUILTIN SHARED..
    ..GOVERNANCE PROTOCOL..

            ▄███████
          ▄█▀███████
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    │   █
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    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄▄▄▄▄_▄▄▄(▄▄▄▄▄▄█▄▄▄▄▄▄, █████████▄█████▄███████):
    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄ ▄▄▄▄▄▄($▄▄▄▄▄▄▄ - > ▄▄▄▄▄()) ▄▄▄▄▄▄▄:
    │   │   ▄▄ (!$▄▄▄▄▄▄▄▄▄█▄▄▄▄▄▄ !$▄▄▄▄▄▄▄█▄▄▄▄▄) █
    │   │      ▄▄▄▄▄▄ ▄▄▄▄▄▄
    │   │   █
    jacko0088 (OP)
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    September 12, 2018, 04:24:30 PM
     #8

    Another ZeroClassic full node is up!
    Code:
    addnode=149.56.97.170

    ▀███████████████████████████▄▄▄▄
       ▀▀██████████████████████████████▄
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     ▀▀█████████████▄   ▀██████████████████
        ▀█████████████▄▄  ▀██████████████▀
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             ▀█████████████▄▄ ▀▀▀▀▀▀
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                         ▀████████████▄
                           ▀████████████▄
    E V O


    Public DECENTRALIZED Blockchain
    Decentralized DOMAIN System (DDNS)
    High I/O SIDECHAINS

    .TWITTER.
    ──────────────
    .LINKEDIN.
                                  ▄▄
                              ▄▄▄████
                       ▄▄▄███████████▄
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        ▄█████████████████████▀████████
        █████████████████████ █████████
       ████████████████████▀ ██████████
        █████████████████▀ ▄███████████
        ▀██████████████▀  ▄███████████▀
          ▀▀█████████▀  ▄████████████▀
             ▀▀███▀   ▄█████████████▀
            ▄▄█▀    ▄██████████████
    ▄▄▄▄▄██▀▀       ▀▀██████████▀
    ██▀▀▀                ▀▀▀▀
      ..P O S  v3.. 
    Enhancing Blockchain
    Technology With Innovative
    POS v3 Consensus Algorithm.



    .................BUILTIN SHARED..
    ..GOVERNANCE PROTOCOL..

            ▄███████
          ▄█▀███████
        ▄█▀  ███████
      ▄█▀    ███████
    ▄██▄▄▄▄▄▄███████
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     ▀██████████████
    ▄▄▄▄▄▄▄▄▄▄ █▄▄▄▄

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    │   ▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄(▄▄▄
    $▄▄▄▄▄▄█▄▄▄▄▄▄, █▄▄▄▄▄▄▄ $▄▄▄▄▄▄: ▄▄▄▄▄
    │   █
    │   │   //█▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄▄▄▄▄_▄▄▄(▄▄▄▄▄▄█▄▄▄▄▄▄, █████████▄█████▄███████):
    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄ ▄▄▄▄▄▄($▄▄▄▄▄▄▄ - > ▄▄▄▄▄()) ▄▄▄▄▄▄▄:
    │   │   ▄▄ (!$▄▄▄▄▄▄▄▄▄█▄▄▄▄▄▄ !$▄▄▄▄▄▄▄█▄▄▄▄▄) █
    │   │      ▄▄▄▄▄▄ ▄▄▄▄▄▄
    │   │   █
    crd007
    Full Member
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    September 12, 2018, 05:27:45 PM
     #9

    ps: are you a snowgem supporter crd007? I've worked with Txid (their core dev) in order to get the source/wallet up and running those last days!  Smiley

    Hehe yes I know, that's how I found your thread here. Was curoius what else you support or are doing atm.
    I really like XSG and have been in touch with it since the beginning. It has a really big potential in my eyes. But I will also take a look at this here and start mining after the 15th if you have any pool available Smiley

    jacko0088 (OP)
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    September 12, 2018, 05:30:37 PM
     #10

    ps: are you a snowgem supporter crd007? I've worked with Txid (their core dev) in order to get the source/wallet up and running those last days!  Smiley

    Hehe yes I know, that's how I found your thread here. Was curoius what else you support or are doing atm.
    I really like XSG and have been in touch with it since the beginning. It has a really big potential in my eyes. But I will also take a loot at this here and start mining after the 15th if you have any pool available Smiley

    Cool! You can actually start to mine right now on https://equigems.online. Just fire up your rig and point your GPU's to ZERO. The daemon will auto-switch, so every coin mined before 15th, you'll get double  Smiley

    ▀███████████████████████████▄▄▄▄
       ▀▀██████████████████████████████▄
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                                 ████████████
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    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄████████████
     ▀▀█████████████▄   ▀██████████████████
        ▀█████████████▄▄  ▀██████████████▀
          ▀▀█████████████▄  ▀█████████▀▀
             ▀█████████████▄▄ ▀▀▀▀▀▀
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                         ▀████████████▄
                           ▀████████████▄
    E V O


    Public DECENTRALIZED Blockchain
    Decentralized DOMAIN System (DDNS)
    High I/O SIDECHAINS

    .TWITTER.
    ──────────────
    .LINKEDIN.
                                  ▄▄
                              ▄▄▄████
                       ▄▄▄███████████▄
                 ▄▄▄██████████████████
              ▄███████████████████████▄
           ▄███████████████████████████
          █████████████████████████████
        ▄█████████████████████▀████████
        █████████████████████ █████████
       ████████████████████▀ ██████████
        █████████████████▀ ▄███████████
        ▀██████████████▀  ▄███████████▀
          ▀▀█████████▀  ▄████████████▀
             ▀▀███▀   ▄█████████████▀
            ▄▄█▀    ▄██████████████
    ▄▄▄▄▄██▀▀       ▀▀██████████▀
    ██▀▀▀                ▀▀▀▀
      ..P O S  v3.. 
    Enhancing Blockchain
    Technology With Innovative
    POS v3 Consensus Algorithm.



    .................BUILTIN SHARED..
    ..GOVERNANCE PROTOCOL..

            ▄███████
          ▄█▀███████
        ▄█▀  ███████
      ▄█▀    ███████
    ▄██▄▄▄▄▄▄███████
    ████████████████
    ███████▀▀▀▀▀▀▀▀▀
    ███████▄▄▄▄▄▄▄▄▄
    ███████
    ███████▀▀▀▀▀▀▀▀▀
    ███████▄▄▄▄▄▄▄▄▄
    ████████████
    ████████████████
     ▀██████████████
    ▄▄▄▄▄▄▄▄▄▄ █▄▄▄▄

    ▄▄▄▄▄ █▄▄▄▄▄

    │   ▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄(▄▄▄
    $▄▄▄▄▄▄█▄▄▄▄▄▄, █▄▄▄▄▄▄▄ $▄▄▄▄▄▄: ▄▄▄▄▄
    │   █
    │   │   //█▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄▄▄▄▄_▄▄▄(▄▄▄▄▄▄█▄▄▄▄▄▄, █████████▄█████▄███████):
    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄ ▄▄▄▄▄▄($▄▄▄▄▄▄▄ - > ▄▄▄▄▄()) ▄▄▄▄▄▄▄:
    │   │   ▄▄ (!$▄▄▄▄▄▄▄▄▄█▄▄▄▄▄▄ !$▄▄▄▄▄▄▄█▄▄▄▄▄) █
    │   │      ▄▄▄▄▄▄ ▄▄▄▄▄▄
    │   │   █
    crd007
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    September 12, 2018, 08:16:37 PM
     #11

    ps: are you a snowgem supporter crd007? I've worked with Txid (their core dev) in order to get the source/wallet up and running those last days!  Smiley

    Hehe yes I know, that's how I found your thread here. Was curoius what else you support or are doing atm.
    I really like XSG and have been in touch with it since the beginning. It has a really big potential in my eyes. But I will also take a loot at this here and start mining after the 15th if you have any pool available Smiley

    Cool! You can actually start to mine right now on https://equigems.online. Just fire up your rig and point your GPU's to ZERO. The daemon will auto-switch, so every coin mined before 15th, you'll get double  Smiley

    Total hashrate will be much lower after the 15th so mining will be way better then. So I think I'll wait for it Cheesy

    boo50
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    September 13, 2018, 04:32:50 AM
    Last edit: September 17, 2018, 03:47:35 AM by boo50
     #12

    ZERC has been added to Nibirupool.com

    US and EU stratums available, welcome guys --> https://zerc.nibirupool.com/stats

    Code:
    Configuration:
    Username: ZeroClassic wallet address
    Password: any
    US Server: zerc-us.nibirupool.com
    EU Server: zerc-eu.nibirupool.com
    Ports:
    8032 (low diff - CPU, GPU rigs)
    8033 (high diff - big farms)
    8034 (SSL connection)

    joycigar
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    September 13, 2018, 04:35:52 AM
     #13

    reserved indonesia translation  Smiley
    jacko0088 (OP)
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    September 14, 2018, 06:31:47 PM
     #14

    Hello everyone!
    I've just finished the porting of Bitcore and ZeroClassic, in order to make things working over Insight Explorer.
    It's...done. It tooks just longer because it's the first time I get my hands dirty with Insight (I've always used Iquidus) It works, feel free to try or setup a block explorer for ZeroClassic! I'll be able to set it up in 2-3 days, need to buy another server!

    Repos and libs:
    https://github.com/LEAD-Anoy74/bitcore-node-zeroclassic
    https://github.com/LEAD-Anoy74/bitcore-message-zeroclassic
    https://github.com/LEAD-Anoy74/bitcore-lib-zeroclassic
    https://github.com/LEAD-Anoy74/bitcore-build-zeroclassic
    https://github.com/LEAD-Anoy74/insight-ui-zeroclassic
    https://github.com/LEAD-Anoy74/insight-api-zeroclassic
    https://github.com/LEAD-Anoy74/zeroclassic-daemon-insight


    I've also updated EquiGems Mining Pool, saying goodbye to Zero, clearing stats and paying out all miners! Don't lose time and start collecting some coins!

    https://equigems.online/getting_started

    Meanwhile, another Pool Op joined this venture, setting up a ZeroClassic pool and node! (Added on list!)
    https://zeroclassic.voidr.net/


    Keep it up boys!  Smiley

    ▀███████████████████████████▄▄▄▄
       ▀▀██████████████████████████████▄
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    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄████████████
     ▀▀█████████████▄   ▀██████████████████
        ▀█████████████▄▄  ▀██████████████▀
          ▀▀█████████████▄  ▀█████████▀▀
             ▀█████████████▄▄ ▀▀▀▀▀▀
                  ▀███████████▄
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                         ▀████████████▄
                           ▀████████████▄
    E V O


    Public DECENTRALIZED Blockchain
    Decentralized DOMAIN System (DDNS)
    High I/O SIDECHAINS

    .TWITTER.
    ──────────────
    .LINKEDIN.
                                  ▄▄
                              ▄▄▄████
                       ▄▄▄███████████▄
                 ▄▄▄██████████████████
              ▄███████████████████████▄
           ▄███████████████████████████
          █████████████████████████████
        ▄█████████████████████▀████████
        █████████████████████ █████████
       ████████████████████▀ ██████████
        █████████████████▀ ▄███████████
        ▀██████████████▀  ▄███████████▀
          ▀▀█████████▀  ▄████████████▀
             ▀▀███▀   ▄█████████████▀
            ▄▄█▀    ▄██████████████
    ▄▄▄▄▄██▀▀       ▀▀██████████▀
    ██▀▀▀                ▀▀▀▀
      ..P O S  v3.. 
    Enhancing Blockchain
    Technology With Innovative
    POS v3 Consensus Algorithm.



    .................BUILTIN SHARED..
    ..GOVERNANCE PROTOCOL..

            ▄███████
          ▄█▀███████
        ▄█▀  ███████
      ▄█▀    ███████
    ▄██▄▄▄▄▄▄███████
    ████████████████
    ███████▀▀▀▀▀▀▀▀▀
    ███████▄▄▄▄▄▄▄▄▄
    ███████
    ███████▀▀▀▀▀▀▀▀▀
    ███████▄▄▄▄▄▄▄▄▄
    ████████████
    ████████████████
     ▀██████████████
    ▄▄▄▄▄▄▄▄▄▄ █▄▄▄▄

    ▄▄▄▄▄ █▄▄▄▄▄

    │   ▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄(▄▄▄
    $▄▄▄▄▄▄█▄▄▄▄▄▄, █▄▄▄▄▄▄▄ $▄▄▄▄▄▄: ▄▄▄▄▄
    │   █
    │   │   //█▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄▄▄▄▄_▄▄▄(▄▄▄▄▄▄█▄▄▄▄▄▄, █████████▄█████▄███████):
    │   │   $▄▄▄▄▄▄▄▄█▄▄▄▄ ▄▄ ▄▄▄▄▄▄($▄▄▄▄▄▄▄ - > ▄▄▄▄▄()) ▄▄▄▄▄▄▄:
    │   │   ▄▄ (!$▄▄▄▄▄▄▄▄▄█▄▄▄▄▄▄ !$▄▄▄▄▄▄▄█▄▄▄▄▄) █
    │   │      ▄▄▄▄▄▄ ▄▄▄▄▄▄
    │   │   █
    trapatalce
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    September 14, 2018, 11:50:38 PM
     #15

    lol this is retarded and childish, the coins that go to miners are unchanged on ZERO.
    cryptogaga
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    September 15, 2018, 08:07:26 PM
     #16


    ZeroClassic was added on EquiGems mining pool!




    https://equigems.online/getting_started

    Code:
    stratum+tcp://equigems.online:[COIN-PORT] -u [YOUR-PAYOUT-ADDRESS] -p ANYTHING

    How is the experiment?
    jacko0088 (OP)
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    September 15, 2018, 08:30:51 PM
     #17


    ZeroClassic was added on EquiGems mining pool!




    https://equigems.online/getting_started

    Code:
    stratum+tcp://equigems.online:[COIN-PORT] -u [YOUR-PAYOUT-ADDRESS] -p ANYTHING

    How is the experiment?

    We should have forked stright away succesfully as I can tell, equigems didn't got the first two blocks, voidr neither, probably large solo miners or other pools with old chain/deamon data. We're rushing with 600 sol/s, time to wait until the difficulty  retargeting kicks in!  Smiley

    ▀███████████████████████████▄▄▄▄
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    E V O


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      ..P O S  v3.. 
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    cryptogaga
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    September 15, 2018, 08:57:14 PM
     #18


    ZeroClassic was added on EquiGems mining pool!




    https://equigems.online/getting_started

    Code:
    stratum+tcp://equigems.online:[COIN-PORT] -u [YOUR-PAYOUT-ADDRESS] -p ANYTHING

    How is the experiment?

    We should have forked stright away succesfully as I can tell, equigems didn't got the first two blocks, voidr neither, probably large solo miners or other pools with old chain/deamon data. We're rushing with 600 sol/s, time to wait until the difficulty  retargeting kicks in!  Smiley

    ok cool
    sailor32
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    September 16, 2018, 10:20:28 PM
     #19

    What are your plans for development?

    Is this coin listed on an exchange, if not what are your plans for an exchange?

    Is there a development team?
    tippytoes
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    September 16, 2018, 10:38:11 PM
     #20

    Such features - fast, anon, & without dev fees, are great. But, this needs to be deployed in several exchanges to make this concept works. So a lot of people will benefit just like when you use doge when you want to transfer your money from one exchange to another.
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