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rickgejr
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December 29, 2016, 02:04:20 AM |
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@Hueristic
Thanks.
I think some folks don't spend the extra brain cell on this one.
Think of it this way...
Premining is like the wheel...
If the person who invented the wheel said "hey, dudes, I've figured out a way to make things role really well...and well, I'll let you use my idea, if, and I'm saying this nicely, from now on you will give me 10% of all the stuff you roll. Forever. Ad infinitum.
Pardon me Zcash?
That's why Monero just works.
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CryptoRambler
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December 29, 2016, 02:05:29 AM |
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@CryptoRambler:
I've noticed plenty of folks here from other countries.
If you really understood me, then you should already know the basics of premining.
Zcash is not about the trust, it's about the premine -- to me. And the lack of assured privacy.
Premining is akin to centralization at that equals risk. Dump risk. Bye-Bye Risk. Diluted Zcash with good intentions, risk.
Invest away and good luck.
As I understand it, even if you mask your Zcash sends, the receiver can unmask you, if say, Uncle Sammy wants to know if you are a terrorist.
And in the U.S. every Granny is a potential terrorist these days.
what % of ZEC was premined and what is the the distribution problem, particular to ZEC? Why mention it, unless you are simply parroting someone else and don't have a clue about the premine? The receiver cannot unmask the ZEC sender, but can make unmasking easier - not that it is. The transactional amount is not hidden, and neither is the sender IP address or node transactional data. Those particular problems make ZEC unmask-able, but it is still very difficult to do. There is no direct coin history for each coin, but the protocol needs work to be as unlinkable / untraceable as XMR |
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rickgejr
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December 29, 2016, 02:12:14 AM |
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@CryptoRambler
Go to the Zcash website.
Click "Buzz" in upper menu bar.
Read article from The Economist.
10% Earmark for founders.
I'm not here to do your homework.
Ask your mother.
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CryptoRambler
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December 29, 2016, 02:22:19 AM
Last edit: December 29, 2016, 09:20:35 AM by CryptoRambler |
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@CryptoRambler
Go to the Zcash website.
Click "Buzz" in upper menu bar.
Read article from The Economist.
10% Earmark for founders.
I'm not here to do your homework.
Ask your mother.
Evidently you are not here to do anyone's homework, as you do not know the difference between a premine and an ongoing development tax included on mined coins. |
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GAKHcoin
Newbie
 Offline
Activity: 1
Merit: 0
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December 29, 2016, 02:44:43 AM |
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Now there is a problem in the dwarf pool with found blocks. who are aware of what is going on and whether this failure for a long time ??
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rickgejr
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December 29, 2016, 02:46:30 AM |
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@CryptoRambler
Really?
If I withhold 10% of all coins you mine, that's a premine. Okay...a post mine. Whoops.
Call it a tax, withholding, or a fee. Same difference.
And given that information, plus the lack of privacy of Zcash, I choose not to buy or mine ZEC.
Why not open a fresh mine, given the tools like Monero and get all of my XMR?
The incentive to use/mine ZEC is dulled by its development tax. It's like an impact fee. Why build in a county with high impact fees, if two miles away there are lower impact fees? Cheaper lots with a better water, better views, and lower taxes?
The ZEC developers might want to earn money based upon the product itself, the machine that makes ZEC -- not rake in the proceeds from the miners. They (the miners) will just chafe.
In the end, we all choose.
And that's the point.
I choose not to pay the Zcash tax, but to enrich the Monero Dev's instead.
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visdude
Legendary
Offline
Activity: 1081
Merit: 1001
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December 29, 2016, 03:54:19 AM |
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Dudes, the title of this thread is very specific and not meant for your personal cat fights. Get a motel room or something...or go find yourselves a boxing or an MMA gym and satisfy your macho-ness in the ring or octagon. I dont really care but please, don't derail this thread with your drama which nobody cares about. However, people do care about useful info on XMR which this thread is meant for.
To moderator: please clean out these garbage posts.
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ACAB
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December 29, 2016, 08:06:12 AM |
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Monero is trading on Bitfinex now.
Is coinbase next? Probably not if IRS bends them over That wont happen. That john doe warrent is as good as shit. Its going to get squashed. |
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rickgejr
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December 29, 2016, 10:34:48 AM |
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Dudes, the title of this thread is very specific and not meant for your personal cat fights. Get a motel room or something...or go find yourselves a boxing or an MMA gym and satisfy your macho-ness in the ring or octagon. I dont really care but please, don't derail this thread with your drama which nobody cares about. However, people do care about useful info on XMR which this thread is meant for.
To moderator: please clean out these garbage posts.
Dude... Since ZEC is a competitor to Monero, discussion about it is pretty relevant here. Monero does not exist in a vacuum. Your post does not lend to the discussion at all. |
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dewdeded
Legendary
Offline
Activity: 1232
Merit: 1011
Monero Evangelist
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December 29, 2016, 11:17:37 AM |
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More like, people that really consider ZEC a real, discuss-worthy competitor have a vacuum in their brain.
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rickgejr
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December 29, 2016, 01:27:14 PM |
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More like, people that really consider ZEC a real, discuss-worthy competitor have a vacuum in their brain.
Disagree. If you allow a poster to go unchallenged, you lose by default. If ZEC eats Monero's lunch and I don't think it will, we will be eating crow. |
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pehoko
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December 29, 2016, 01:30:33 PM |
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ZEC is another semi dead currency just after start.
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jtalk
Legendary
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Activity: 1610
Merit: 1004
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December 29, 2016, 01:36:38 PM |
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Monero is time tested and will keep dominating the anonymous market. There were many coins which appeared and disappeared after some period. Just see how strong and resistant to current pump. It is kicking back timely that is by itself is showing the true strength of the XMR.
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yhlsqj
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December 29, 2016, 02:19:41 PM |
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IMO XMR will be the best anon coin and will last for many years, if zcash has been mined 13 million supply like monero, te price will definitely 0.01-0.02 like monero, they are tough to keep 0.05 right now, and next dump will crash the price to 0.01, monero is the best anon tech coin
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M5M400
Full Member
Offline
Activity: 162
Merit: 100
supportXMR.com
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December 29, 2016, 03:22:03 PM |
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I took the liberty of compiling an up2date list of monero pools. If I forgot any pool or information is wrong, please feel free to contact me  moneropools.com |
supportXMR.com :: EU(DE) based Monero pool :: 0.6% fee
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herrdrone
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December 29, 2016, 04:42:01 PM |
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I took the liberty of compiling an up2date list of monero pools. If I forgot any pool or information is wrong, please feel free to contact me moneropools.com Good job, I'll add a link to this list on my website. |
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Hueristic
Legendary
Offline
Activity: 3808
Merit: 4891
Doomed to see the future and unable to prevent it
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December 29, 2016, 04:52:36 PM |
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I took the liberty of compiling an up2date list of monero pools. If I forgot any pool or information is wrong, please feel free to contact me moneropools.com Very nice, I would put a "*" by Dwarfpool and note the owner has scammed the community in the past. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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kirilvvbg
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December 29, 2016, 06:13:43 PM |
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The one missing pool (in this list - moneropools.com) is Minergate...
About dwarfpool - it is very unreliable (last evidence is from today - wrong stats, down for some time, at the end - half of coins are missing, at least mine). BUT, there is a big BUT - this is the only Monero pool that offers 2 very important, very simple (and yet, suprisingly for me, very hard to find) features: workername (well only digits, but still something) and worker monitoring (incl. mail notifications)... Now I am trying Minergate, but it is very difficult for me to get used to less information and less ability to control my rigs (and thus be sure that they work 24/7). I don't even see some estimation for my 24h earnings - WTF, is this real?!?! Guys, pool owners, please - this is 2017, not 2012-2014!!!
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