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Author Topic: [ANN] [ZenX] Zentoshi - Cutting Edge Technology meets Business (PoW/PoS hybrid)  (Read 1492 times)
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October 29, 2019, 09:15:00 AM
 #21

I'm kinda interested in running a node. What are the minimal system requirements to run a primary one? Is there an estimate?
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October 29, 2019, 09:27:06 AM
Last edit: October 29, 2019, 06:47:50 PM by mprep
 #22

I don't quite understand the idea of your project. With your tokens I will be able to pay for various services? If so, will I be able to buy services only from those who accept your tokens or not?

You will be able to pay for services on both our official channels for our services via places like SunnyNode.com or CloudGSP.com or use them on our marketplace where unofficial services are offered by our operators.

What does ZENTOSHI VIP include? You indicated that privileges and benefits, but did not specify what exactly?

ZentoshiVIP is a program to reward our users for their usage of our platform, utilization of our currency, and engagement across our community. These benefits can include special discounts, access to airdrops, inside scoops and news of our progress, access to test our technologies before the public, rank display, and much more.

can I earn extra money using your Zentoshi blockchain? What are the ways?


You can absolutely earn money on our blockchain, have you read our whitepaper? Users can run ZentoshiNode Primary servers to privatize funds, and can run ZentoshiNode Secondary Servers to run our infrastructure! Secondary Nodes are still under development however, they will be operational soon!

Is Zentoshi interested in mutually beneficial relationships/Open to partnership with other coins and projects? Does the platform already have any partners?


Absolutely. We are currently partnered with many coin projects for our 1-click masternode function on SunnyNode.com and are always looking to make mutually beneficial partnerships across the market. We are also looking into B2B partnerships for application infrastructure hosting, and other forms of utilization between our services.

When can you start mining this and what do I need? Will it be Nov 7th or is there a different date?

We will start publicly mining our chain on Nov 7th. However, we will have a testnet available in the coming days where you can mine coins and use them when the mainnet comes on.



I'm kinda interested in running a node. What are the minimal system requirements to run a primary one? Is there an estimate?

Have you had a look at our whitepaper? We have all the requirements listed in there. To host a primary server you must have 5000 coins in collateral, which can be purchased or mined. You then use those coins, lock them in a transaction for a ZentoshiNode for cold storage and host a small VPS server to run a hot-wallet to perform the primary server functions.
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October 29, 2019, 10:09:28 AM
 #23

When can you start mining this and what do I need? Will it be Nov 7th or is there a different date?

We will start publicly mining our chain on Nov 7th. However, we will have a testnet available in the coming days where you can mine coins and use them when the mainnet comes on.

How can I get on the testnet, is there a link somewhere with more details?
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October 29, 2019, 10:24:00 AM
 #24

How does SunnyNode hope to compete with Vultr or other hostingsites?

SunnyNode on the business end will have a better overall QoS - Quality of Service. As a long time customer of Vultr, I have personally had more downtime than any other provider I have been with. They seem to have more maintenance and hardware issues than any others in my experience. As it pertains to our competition overall, we have great introductory rates that cost considerably less than most of our competition. Meaning as a service, we enable our customers to save money and have the same level of performance they require to run their virtualized environments.

When Zentoshi will be traded on an Exchange and when will be the wallet available to download?

We have yet to announce a date to start trading on any exchanges, however we have some listings in the pipeline!
Wallet will be posted once we go live! Please join our socials to keep up to date with chances to earn Zentoshi and get involved as we head to live!

I've been in the Discord group for sometime to know that this are all facts. The team have come really long way to put together a water tight plan and project that service a very important aspect of the blockchain.

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October 29, 2019, 10:30:21 AM
 #25

When can you start mining this and what do I need? Will it be Nov 7th or is there a different date?

We will start publicly mining our chain on Nov 7th. However, we will have a testnet available in the coming days where you can mine coins and use them when the mainnet comes on.

How can I get on the testnet, is there a link somewhere with more details?

You can join our Discord or Telegram and get details when we go live with it. We are days away.
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October 29, 2019, 09:37:30 PM
 #26

I looked at your whitepaper and have the following questions:

1. You are saying it will be a CPU mineable coin. How will you make sure that miners will not devise methods to mine with GPU or ASIC miners?

2. Will you be starting mining from scratch at a launch time like in the old days? Will the initial emission curve counter low difficulty?

3. On page 51 should the 1% 7000 for bounty not be 10% 70000?

4. 2.5m is an extremely large pre-mine compared to block rewards that your team will mange. What guarantees will there be that it wont be dumped?

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October 29, 2019, 10:02:25 PM
 #27

I think the current Whitepaper contains too much technical information regarding the primary nodes, secondary nodes and how they operate. The Whitepaper also states ''Five years to Mass adoption". So I'm wondering if you have plans to make things much simpler for non-technical people? For example - light paper, some sort of guides etc.
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October 30, 2019, 08:38:33 AM
Last edit: November 03, 2019, 04:17:40 AM by mprep
 #28

I looked at your whitepaper and have the following questions:

1. You are saying it will be a CPU mineable coin. How will you make sure that miners will not devise methods to mine with GPU or ASIC miners?

2. Will you be starting mining from scratch at a launch time like in the old days? Will the initial emission curve counter low difficulty?

3. On page 51 should the 1% 7000 for bounty not be 10% 70000?

4. 2.5m is an extremely large pre-mine compared to block rewards that your team will mange. What guarantees will there be that it wont be dumped?

1. We are using a modified Balloon hashing algorithm courtesy of our in-house developer team called balloon². The original balloon algorithm was in fact GPU mineable (a GPU miner took several months to surface), however even then it was only operating on a ratio of 1:4 efficiency (CPU/GPU). This was due to an oversight made whereby part of the hashing function was able to be precomputed (specifically the AES-128-CTR rounds). This has since been resolved and the advantage gone.

2. We will start mining in our testnet which is a few days away, that is available to anyone who wants to take part. Just join our Discord or Telegram for more details! There is little to no private mining happening other than the first couple of blocks other than our pre-mine to make sure everything works before we get to further testing. You are welcome to join in on the fun!

3. Yes on page 50 it is correct. We have set aside 7000 coins for a bounty program, however our community budget may contribute more for this.

4. We have decided on that number and split it into 2. One being our operational budget, which we have full discretion on its spending. We then have our locked reserve which is LOCKED. These funds can only be accessed by our CEO and COO while only done so through community governance. We have an article that explains our reasoning behind it and its implications for our business. The locked reserve is essentially time locked using our cold interest system where you can lock coins for a determined amount and receive rewards. This will be fully visible on chain. The only times our locked reserve of 1,800,000 will be used is at the event that our operating capital has been exhausted and our community approves of the movement for the funds to be utilized as operational budget. Here: https://medium.com/zentoshi/the-zentoshi-budget-e2208693f61e



I think the current Whitepaper contains too much technical information regarding the primary nodes, secondary nodes and how they operate. The Whitepaper also states ''Five years to Mass adoption". So I'm wondering if you have plans to make things much simpler for non-technical people? For example - light paper, some sort of guides etc.

Yes we do! Much like our ideals with SunnyNode with bridging the gap in technical know-how, we are aiming to do the same across our whole organization!
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October 30, 2019, 04:11:12 PM
 #29


Looking forward to hearing more updates.



How do you think this project stands out among other coins?
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October 30, 2019, 04:19:49 PM
 #30


Looking forward to hearing more updates.



How do you think this project stands out among other coins?

Firstly, I like to think of Zentoshi as a business rather than a coin project. We are a company that utilizes a utility coin to pay for services and enable our infrastructure through blockchain. Rather than going an ICO route and selling a dream, we built a business that has profit potential from day 1 which will continue to develop its business and technologies.

Most projects and coins out there are just copies of each other with a new version of why it will be the next bitcoin or why it is better than sliced bread. We don't see this project as either of those things. We built our coin from the ground up using Bitcoin Core v0.18 as the base and attaching existing technologies like deterministic masternodes to give us a foundation to develop from and create new technologies that will benefit the market as a whole.
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October 30, 2019, 05:35:31 PM
 #31

Can you explain balloon hashing? I'm not very familiar with this term. Also do you guys plan on adding more platforms and services for this coin or is it just the ones specified?
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October 30, 2019, 06:38:53 PM
 #32

Can you explain balloon hashing? I'm not very familiar with this term. Also do you guys plan on adding more platforms and services for this coin or is it just the ones specified?

Balloon hashing uses existing cryptography technology and adds a layer on top to create a more secure encryption that is more efficient. Balloon hashing gets its name from the way it expands and deflates through its operation. First, the algorithm utilizes a large buffer of pseudo-random bytes based from the input and salted hash.The bytes in the memory buffer then go through a defined series of mixing in the memory buffer as if a stack of playing cards were laid out, shuffled around, and placed back into the deck. Finally after the mixing is processed and sampled, the algorithm is extracted and a new block is generated.

We have plenty of platforms unannounced which will be revealed as we launch our currently announced platforms. Tons of great things in the pipeline!
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October 30, 2019, 06:43:57 PM
 #33

Hmm... So I've ordered servers for various video games before from GSPs... Is the idea with CloudGSP in the Microcosm that anyone could lease their hardware (if it had required specs) and when a gamer orders a server from the "CloudGSP", a third party receives compensation for the hardware they leased (for running a server?).

Essentially the "CloudGSP" is a middle man between gamers and crypto enthusiasts looking to make additional profit off their hardware?

if that's the case, that seems like an amazing idea for circumventing the problem GSP companies have (i.e. spending tens of thousands on their own hardware).

Sorry if I'm completely off base on this!

You are quite right, however we encourage our ZentoshiNode Secondary operators to use server-grade hardware to maximize performance. We will have guidelines on our minimum specifications as we get closer to launching our Secondary Nodes!

Thanks for the reply. This is an incredibly cool concept (as far as the GSP goes, I'm not the smartest crypto cow in the herd so the technical details of the coin are above my head), based on the GSP industry in its current form, you would be able to handle an unlimited amount of customers compared to traditional GSPs, the only drawback would be if there weren't enough secondary operators for new clients to place an order.

Now that you've answered that, my final question is: Obviously online games have different requirements for each game, will the CloudGSP be determining the minimum required specs for Secondary Operators on a per-game basis (i.e. Battlefield 2 would have one set of min specs, Call of Duty Modern Warfare would have a different set of min specs)?
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October 30, 2019, 06:59:52 PM
 #34

Hmm... So I've ordered servers for various video games before from GSPs... Is the idea with CloudGSP in the Microcosm that anyone could lease their hardware (if it had required specs) and when a gamer orders a server from the "CloudGSP", a third party receives compensation for the hardware they leased (for running a server?).

Essentially the "CloudGSP" is a middle man between gamers and crypto enthusiasts looking to make additional profit off their hardware?

if that's the case, that seems like an amazing idea for circumventing the problem GSP companies have (i.e. spending tens of thousands on their own hardware).

Sorry if I'm completely off base on this!

You are quite right, however we encourage our ZentoshiNode Secondary operators to use server-grade hardware to maximize performance. We will have guidelines on our minimum specifications as we get closer to launching our Secondary Nodes!

Thanks for the reply. This is an incredibly cool concept (as far as the GSP goes, I'm not the smartest crypto cow in the herd so the technical details of the coin are above my head), based on the GSP industry in its current form, you would be able to handle an unlimited amount of customers compared to traditional GSPs, the only drawback would be if there weren't enough secondary operators for new clients to place an order.

Now that you've answered that, my final question is: Obviously online games have different requirements for each game, will the CloudGSP be determining the minimum required specs for Secondary Operators on a per-game basis (i.e. Battlefield 2 would have one set of min specs, Call of Duty Modern Warfare would have a different set of min specs)?

Our game server provider will be utilizing containerized environments for each game server instance so as for the requirements per game the containers will have the ability to pull more resources as needed. When a game server uses more resources, our secondary nodes will be compensated for the additional usage.
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October 30, 2019, 08:48:03 PM
 #35

I’ll like to say, I admire the name Zentopians. Your project has quite a handful use case in the cryptocurrency world. Unfortunately, there’re other similar projects with the same use case. It’s good to see more competition, because with competition comes improved service.


I’m a few words, easy for any newbie to understand, why should I chose zentoshi over older hosting services? What Use case does your tokens, ZenX, have at the Moment (working product)?

Please do make this simple as possible!

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October 30, 2019, 09:08:33 PM
 #36

I looked at your whitepaper and have the following questions:

1. You are saying it will be a CPU mineable coin. How will you make sure that miners will not devise methods to mine with GPU or ASIC miners?

2. Will you be starting mining from scratch at a launch time like in the old days? Will the initial emission curve counter low difficulty?

3. On page 51 should the 1% 7000 for bounty not be 10% 70000?

4. 2.5m is an extremely large pre-mine compared to block rewards that your team will mange. What guarantees will there be that it wont be dumped?

1. We are using a modified Balloon hashing algorithm courtesy of our in-house developer team called balloon². The original balloon algorithm was in fact GPU mineable (a GPU miner took several months to surface), however even then it was only operating on a ratio of 1:4 efficiency (CPU/GPU). This was due to an oversight made whereby part of the hashing function was able to be precomputed (specifically the AES-128-CTR rounds). This has since been resolved and the advantage gone.

2. We will start mining in our testnet which is a few days away, that is available to anyone who wants to take part. Just join our Discord or Telegram for more details! There is little to no private mining happening other than the first couple of blocks other than our pre-mine to make sure everything works before we get to further testing. You are welcome to join in on the fun!

3. Yes on page 50 it is correct. We have set aside 7000 coins for a bounty program, however our community budget may contribute more for this.

4. We have decided on that number and split it into 2. One being our operational budget, which we have full discretion on its spending. We then have our locked reserve which is LOCKED. These funds can only be accessed by our CEO and COO while only done so through community governance. We have an article that explains our reasoning behind it and its implications for our business. The locked reserve is essentially time locked using our cold interest system where you can lock coins for a determined amount and receive rewards. This will be fully visible on chain. The only times our locked reserve of 1,800,000 will be used is at the event that our operating capital has been exhausted and our community approves of the movement for the funds to be utilized as operational budget. Here: https://medium.com/zentoshi/the-zentoshi-budget-e2208693f61e

Ok thanks for the reply. On point 3 the amount for bounties is very low if it is 7000. You might need to up it to get people to participate in the program. Again compare this in line with the 2.5m pre-mine.

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X.C.A.R.DTM
.SEND AND RECEIVE MONEY.
.INSTANTLY, WITH NO........
.HIDDEN COSTS............

▄████████████████████████████████████▄
██▀                                ▀██
██  ▄▄▄▄▄▄  ▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄   ██
██                     █        █   ██
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██▄                                ▄██
▀████████████████████████████████████▀
.SPEND ANYWHERE,....
.ANY CRYPTOCURRENCY,.
.ANY PAYMENT CARD....

████
██
██
██
██
██
██
██
██
██
██
██
██
████

IEO
Q4 2019

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ZentoshiOfficial
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October 30, 2019, 10:16:52 PM
 #37

I looked at your whitepaper and have the following questions:

1. You are saying it will be a CPU mineable coin. How will you make sure that miners will not devise methods to mine with GPU or ASIC miners?

2. Will you be starting mining from scratch at a launch time like in the old days? Will the initial emission curve counter low difficulty?

3. On page 51 should the 1% 7000 for bounty not be 10% 70000?

4. 2.5m is an extremely large pre-mine compared to block rewards that your team will mange. What guarantees will there be that it wont be dumped?

1. We are using a modified Balloon hashing algorithm courtesy of our in-house developer team called balloon². The original balloon algorithm was in fact GPU mineable (a GPU miner took several months to surface), however even then it was only operating on a ratio of 1:4 efficiency (CPU/GPU). This was due to an oversight made whereby part of the hashing function was able to be precomputed (specifically the AES-128-CTR rounds). This has since been resolved and the advantage gone.

2. We will start mining in our testnet which is a few days away, that is available to anyone who wants to take part. Just join our Discord or Telegram for more details! There is little to no private mining happening other than the first couple of blocks other than our pre-mine to make sure everything works before we get to further testing. You are welcome to join in on the fun!

3. Yes on page 50 it is correct. We have set aside 7000 coins for a bounty program, however our community budget may contribute more for this.

4. We have decided on that number and split it into 2. One being our operational budget, which we have full discretion on its spending. We then have our locked reserve which is LOCKED. These funds can only be accessed by our CEO and COO while only done so through community governance. We have an article that explains our reasoning behind it and its implications for our business. The locked reserve is essentially time locked using our cold interest system where you can lock coins for a determined amount and receive rewards. This will be fully visible on chain. The only times our locked reserve of 1,800,000 will be used is at the event that our operating capital has been exhausted and our community approves of the movement for the funds to be utilized as operational budget. Here: https://medium.com/zentoshi/the-zentoshi-budget-e2208693f61e

Ok thanks for the reply. On point 3 the amount for bounties is very low if it is 7000. You might need to up it to get people to participate in the program. Again compare this in line with the 2.5m pre-mine.

Hello JC, I'd like to expand on the bounty funding that you have specified, the 7000, as listed for the whitepaper is for "bug bounty" this is a bounty ran for reporting security vulnerabilities. Getting people to participate in the bounties that you are generally referring to would fall under a combined categories of ZentoshiVIP which are benefits we provide to Zentopians and new members, Referral programs, and Community budget(Meaning a total budget of 119,000 ZenX).

In regards to the 2.5m pre-mine, we operate as a business, meaning logistically only the 700,000 operational capital would be used to operate the business and grow it. Afterwards, as planned revenue from the platforms will allow us to be self sustainable; the locked reserve is only opened through governance and complete transparency. This is purely used for investment opportunities while running the utmost optimal portfolio, meaning low risk (What is often called the Efficiency Frontier), and as a safety net much like how companies keep retained earnings. An example of this can be identified by taking a look at balance sheets from typical tech companies. Microsoft cash on hand is close to 250 million dollars; in contrast ours is 1.8 million ZenX. I want to reiterate that this will not be circulating, and will not be even up for discussion on touching for up to 2 years, at which point the community will have a chance to be a bigger part of our governance. Credibility is a standard we want to be known for, and the for the better most of a year and a half, we have been using our own savings and wallets to fund this project, we wanted to present it to the world not as a dream, but an accomplished company. Leading by example, investing our very own savings into it, we wanted to show others that we believe in it, and we're all in as well.
Please read more about our views:

https://medium.com/zentoshi/zentoshi-news-whitepaper-release-and-founder-interview-926aec2cce01

I’ll like to say, I admire the name Zentopians. Your project has quite a handful use case in the cryptocurrency world. Unfortunately, there’re other similar projects with the same use case. It’s good to see more competition, because with competition comes improved service.


I’m a few words, easy for any newbie to understand, why should I chose Zentoshi over older hosting services? What Use case does your tokens, ZenX, have at the Moment (working product)?

Please do make this simple as possible!

I'd like to begin by answering the first statement in regards to similar projects. Zentoshi's aim is to be in every popular market, we plan to grow the microcosm to enter every corner of a mix of Perfect Competition and Oligarchy type business spheres. However where we differ is the implementation of technology and the community we will be building. I promise you, there are no other coin on bitcoin core v0.18 using the latest Dash Evo implementations with use cases like ours. And if you do choose to become a Zentopian you'll be entering our universe. You won't be just one of millions of customers, queued up and ignored when you run into issues, having to go through some awful customer service, possibly not even helped. You'll have us at your fingertips and all of the community. And we'll be everywhere, our plan is 5 years to mass adoption, we started with SunnyNode because it makes sense to allow our members to run the technology we're creating at the lowest cost and most trustworthy source, the very own company they are running nodes for. 
Please take a look at our article "Utility Coins" detailing this even further:

https://medium.com/zentoshi/utility-coins-6e49f150bb15

So why choose Zentoshi over older hosting services? Day or night, we'll be there for you, we're not a bloated company like Vultr, that will raise prices at a whim because at the end of the day you are just one in a million. And we're certainly not a cryptocurrency ICO operating illegaly. We're a smaller company, that can offer you intimate customer service, when you email us, or reach out to us, you won't be forwarded and sent to many different departments and then a resolution center, you're a Zentopian, we will solve your problem like you are one of our own.

In a few words (tl;dr) You'll experience unparalleled customer service, at cheaper rates than older companies, without having to resort to utilizing cheaper hardware, with our cutting-edge technology and business ethic, you, the Zentopian, are our main focus.
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October 31, 2019, 06:00:44 AM
 #38

I think the current Whitepaper contains too much technical information regarding the primary nodes, secondary nodes and how they operate. The Whitepaper also states ''Five years to Mass adoption". So I'm wondering if you have plans to make things much simpler for non-technical people? For example - light paper, some sort of guides etc.

I think there would be a one Pager. Team would have to create a simplified version of the white paper to aid the not too geeky in comprehending the whole info about Zentoshi.

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October 31, 2019, 09:04:39 AM
 #39

The benefits  are unlimited,  after  going  through  the whitepaper i can see a future  in zentoshi. Good luck  team!
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October 31, 2019, 11:36:47 AM
 #40

Just finished reading up on this, sounds extremely promising. I have been wanting to get in on a project at the ground level so happy to see this when I did.

I see on the release schedule you have the Testnet scheduled to start tomorrow. Is that public and if so how can I join in?
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