[ANN] Ebitz - 237 BTC in 8 days - POS - Zero Knowledge Proof - Deep Web - page 28.

Flomess

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Quote from: dfox101 on November 15, 2016, 04:48:32 PM

I just found out that your tech details are word-by-word copy from zerocash project:
http://zerocash-project.org/how_zerocash_works

man, is it ethical and you use this for ICO?? Shocked

Quote from: ebitz on November 15, 2016, 02:45:49 PM

DeadBirdzz, because we are doing a new version of zcash using the zerocash protocol too. Please read all the ANN.

We found two big problems: On the one hand, an excessive (more than 20% of the supply the first four years) "founder rewards" to private investors and on the other his disastrous mining solution, not only by the slow start but because a few private investors have access to exclusive gpu miners, which are to ensure them the vast majority of the coins created. While other users will be content with an underperforming CPU miner. So, the private investors are only attracted by quick profits and will be the first to dump his excessive amount of coins to investors attracted by the technology presented for Zcash.

These two issues affected and continue to affect the state of zcash. That is why we want to offer an overcoming proposal without these problems.

dude just a couple posts above

ebitz

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Quote from: dfox101 on November 15, 2016, 04:34:14 PM

So this is a zcash clone without founder's fee and with pos being added? will you provide windows client?

Also, the tech details I see are purely from zerocoin details. Any technical details pertaining to this particular coin?

Yes. We will offer an overcoming proposal after seeing the two big problems that zcash has.

We found two big problems: On the one hand, an excessive (more than 20% of the supply the first four years) "founder rewards" to private investors and on the other his disastrous mining solution, not only by the slow start but because a few private investors have access to exclusive gpu miners, which are to ensure them the vast majority of the coins created. While other users will be content with an underperforming CPU miner. So, the private investors are only attracted by quick profits and will be the first to dump his excessive amount of coins to investors attracted by the technology presented for Zcash.

We will gradually add unique features that are not in zcash, like market or another community proposal. By the way, our group has a lot of contacts/influence, we are moving all our influences and making negotiations so that Ebitz will be available in the deep web from day 1, sponsored by a great market. We would be the only coin next to bitcoin to be used there.

Quote from: dfox101 on November 15, 2016, 04:48:32 PM

I just found out that your tech details are word-by-word copy from zerocash project:
http://zerocash-project.org/how_zerocash_works

man, is it ethical and you use this for ICO?? Shocked

dfox101, read our thread, we are starting from zcash and do it a new version. So yes, we are based on zerocash.

dfox101

hero member

Activity: 551

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I just found out that your tech details are word-by-word copy from zerocash project:
http://zerocash-project.org/how_zerocash_works

man, is it ethical and you use this for ICO?? Shocked

dfox101

hero member

Activity: 551

Merit: 500

So this is a zcash clone without founder's fee and with pos being added? will you provide windows client?

Also, the tech details I see are purely from zerocoin details. Any technical details pertaining to this particular coin?

ShooterXD

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CryptoTalk.Org - Get Paid for every Post!

Nice gift!

Btw, i would like to reserve portuguese translation.

Pm me if you want this.

All the best

ebitz

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Quote from: barnes13 on November 15, 2016, 03:38:55 PM

Quote from: ebitz on November 15, 2016, 03:26:53 PM

3) We need at least 200 btc. To be honest we already have interested investor, so we expect to fund good part of this amount on the first day. But as we said above, we want to put a limit to the sale, because we dont need thousands of btc and would be counterproductive for our investors.

So if you reach the goal before end of ICO you will close the ICO?

Quote from: ebitz on November 15, 2016, 03:26:53 PM

Yes, the signature campaign will start today or tomorrow. Will be handled by Avirunes and the escrow will be Lutpin. As soon as the signature thread will be ready, we are going to update the link.

The bounty just for signature campaign? or any another bounty like translation and sosial media bounty?

Yes, if we reach the limit (we have not yet defined the limit) we will finish the ICO.

And about bounties, you can read about that on our thread. We offer bounties for translations but not for russian and chinese version, because we are going to do it ourselves editing the images. For the moment, we dont set the twitter campaign, we expect to do it later.

barnes13

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7enius - Your Cryptocurrency Marketing Consultant

Quote from: ebitz on November 15, 2016, 03:26:53 PM

3) We need at least 200 btc. To be honest we already have interested investor, so we expect to fund good part of this amount on the first day. But as we said above, we want to put a limit to the sale, because we dont need thousands of btc and would be counterproductive for our investors.

So if you reach the goal before end of ICO you will close the ICO?

Quote from: ebitz on November 15, 2016, 03:26:53 PM

Yes, the signature campaign will start today or tomorrow. Will be handled by Avirunes and the escrow will be Lutpin. As soon as the signature thread will be ready, we are going to update the link.

The bounty just for signature campaign? or any another bounty like translation and sosial media bounty?

ebitz

newbie

Activity: 16

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Quote from: barnes13 on November 15, 2016, 03:11:20 PM

Good graphics, but want to know more about this project
1. What escrow do you use?
2. What cryptocurrencies do you accept on this ICO?
3. How much BTC is your goal?
But truly many ICO run in this month, do you have strategy to attract investor join this project

Hi,

1) We already knowns SebastianJu, so if we decide to use escrow, he will be the chosen one.

2) BTC & ETH

3) We need at least 200 btc. To be honest we already have interested investor, so we expect to fund good part of this amount on the first day. But as we said above, we want to put a limit to the sale, because we dont need thousands of btc and would be counterproductive for our investors.

Quote from: ikm on November 15, 2016, 03:16:10 PM

Bounty link is broken. It's not clear yet!

Yes, the signature campaign will start today or tomorrow. Will be handled by Avirunes and the escrow will be Lutpin. As soon as the signature thread will be ready, we are going to update the link.

nezto77

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Activity: 868

Merit: 501

still only see this ico. and want to try some of the campaign to be held Cheesy

ikm

sr. member

Activity: 420

Merit: 250

Bounty link is broken. It's not clear yet!

barnes13

hero member

Activity: 1274

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7enius - Your Cryptocurrency Marketing Consultant

Good graphics, but want to know more about this project
1. What escrow do you use?
2. What cryptocurrencies do you accept on this ICO?
3. How much BTC is your goal?
But truly many ICO run in this month, do you have strategy to attract investor join this project

ebitz

newbie

Activity: 16

Merit: 0

Quote from: sxafir on November 15, 2016, 03:00:10 PM

Any free coins?How finance wil be protect?

We have bounties and today or tomorrow will start our signature campaign.

Quote from: ?? on ??

Good graphics so far and the idea to takeover zcash but you said in your ANN that you are going to limit the ICO/sale. How much would that limit be? 200? 500? 1000? 2000? We need to know that. We dont need another overbought ico with thousands of btc. Maybe less than 1000 (or even less) is ok.

Yes, sorry for dont add this info on the ANN, we expected to discuss this in the early days with the users. 500 btc is a good limit, we dont need more than that. In any case, if we need more, we are going to use our own funds.

sxafir

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Merit: 500

Any free coins?How finance wil be protect?

ebitz

newbie

Activity: 16

Merit: 0

DeadBirdzz, because we are doing a new version of zcash using the zerocash protocol too. Please read all the ANN.

We found two big problems: On the one hand, an excessive (more than 20% of the supply the first four years) "founder rewards" to private investors and on the other his disastrous mining solution, not only by the slow start but because a few private investors have access to exclusive gpu miners, which are to ensure them the vast majority of the coins created. While other users will be content with an underperforming CPU miner. So, the private investors are only attracted by quick profits and will be the first to dump his excessive amount of coins to investors attracted by the technology presented for Zcash.

These two issues affected and continue to affect the state of zcash. That is why we want to offer an overcoming proposal without these problems.

DeadBirdzz

sr. member

Activity: 336

Merit: 252

Quote from: ebitz on November 15, 2016, 02:37:40 PM

Quote from: Sicarious on November 15, 2016, 02:34:34 PM

Looking at your preliminary roadmap, it looks as though you are opening the ICO before releasing the whitepaper. Is this correct? If so, that is a horrible idea, as you're asking people to give you money with no proof of any working code or that you have the technical chops to pull off this sort of project.

And since you're doing an ICO, the ANN didn't mention why you need the money--without a whitepaper detailing the sort of code this project will use, potential buyers have no reason to assume that you need money for anything useful.

I would suggest you answer these types of questions before taking the ICO live, otherwise this looks like a lame money-grab.

Hi,

The whitepaper is already public, the links are available in our ANN.

Thanks

you just linked Zerocash's white papers........

ebitz

newbie

Activity: 16

Merit: 0

Quote from: Sicarious on November 15, 2016, 02:34:34 PM

Looking at your preliminary roadmap, it looks as though you are opening the ICO before releasing the whitepaper. Is this correct? If so, that is a horrible idea, as you're asking people to give you money with no proof of any working code or that you have the technical chops to pull off this sort of project.

And since you're doing an ICO, the ANN didn't mention why you need the money--without a whitepaper detailing the sort of code this project will use, potential buyers have no reason to assume that you need money for anything useful.

I would suggest you answer these types of questions before taking the ICO live, otherwise this looks like a lame money-grab.

Hi,

The whitepaper is already public, the links are available in our ANN.

Thanks

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

I missed on ZCASH so am looking forward to this..Love the graphics also so count me in the promos, blog review and video campaign and ICO purchasing..

. I will save up to buy a crust of EBITZ..

nagasaking

sr. member

Activity: 333

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Specifications

Name: Ebitz (EBZ)
PoS (Proof of Stake)
21,000,000 Total Coins
3% Annual Interest
Minimum Stake Age: 12 hours
Block Time: 60 seconds Roll Eyes

Sicarious

newbie

Activity: 29

Merit: 0

Looking at your preliminary roadmap, it looks as though you are opening the ICO before releasing the whitepaper. Is this correct? If so, that is a horrible idea, as you're asking people to give you money with no proof of any working code or that you have the technical chops to pull off this sort of project.

And since you're doing an ICO, the ANN didn't mention why you need the money--without a whitepaper detailing the sort of code this project will use, potential buyers have no reason to assume that you need money for anything useful.

I would suggest you answer these types of questions before taking the ICO live, otherwise this looks like a lame money-grab.

ebitz

newbie

Activity: 16

Merit: 0

This is our official account. As we said above, we are going to use both (ExtraByte and this) here in the forum. SebastianJu was the escrow during the purchase of the account to his original owner.

Topic: [ANN] Ebitz - 237 BTC in 8 days - POS - Zero Knowledge Proof - Deep Web - page 28. (Read 51494 times)