[ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 171.

bamsterdam

sr. member

Activity: 453

Merit: 261

Look Morty magic internet money

Quote from: cyberspacemonkey on July 19, 2017, 04:56:54 AM

Quote from: dasgardo87 on July 17, 2017, 10:43:31 PM

Quote from: xs.over on July 16, 2017, 07:47:47 PM

I can't understand from where are coming these huge amount of hashrate? XZC net hashrate grows very quickly. At the same time, profitability is very low, about 4 times lower than on most other altcoins.
So, this is a botnet, or what is it ?? Huh

77Gh net hashrate it's about 65K pcs gtx 1060 GPUs. Seriously??? and all these miners still mining this coin, while other altcoins offering 3x, 4x higher profit?? smells fishly

Two biggest pools have only ~ 23Gh hashrate! Where the rest net hashrate is sitting? Seems what the resh hashrate is HIGHLY centralised by SOLO miners (botnets)

dude who have server with power 65K GPU? I dont believe someone can get that even from google cloud, aws or azure without not getting attention from them, it's possible if ASIC, but please someone who have knowledge in that subject please enlgihten us whether it can be ASIC or something else

This is quite alarming although I don't think an ASIC is possible since the algo is very memory intensive, I might be wrong though.

Dev would you be so kind to give your opinion about this matter? I thought the new algo where supposed to make it not profitable for botnets to mine zcoin anymore and im not aware of any asics for zcoin seems highly unlikely, so how can this be? What do you think about this enormous hashrate?

Prima Primat

member

Activity: 117

Merit: 10

Quote from: galz2017 on July 20, 2017, 02:38:47 PM

hi all!
does the wallet generator a scam ?
i saw it and i'm not sure if i can trust this site.
i hope someone here knows
thanks
https://paper.zcoin.rocks/

Zcoin.rocks is a fan-made page. It was created some time last year and I think it's no longer maintained (hence the dead links)
You can still use it as Zcoin's keys are still the same (and all a paper wallet generator does is generate a pair of private/public keys), but a newer generator can be found at http://paper.zcoin.ga/ (also not official, and currently without HTTPS, so use at your own risk)

galz2017

full member

Activity: 154

Merit: 100

hi all!
does the wallet generator a scam ?
i saw it and i'm not sure if i can trust this site.
i hope someone here knows
thanks
https://paper.zcoin.rocks/

rowenta01

sr. member

Activity: 1216

Merit: 333

Quote from: Coin++ on July 20, 2017, 10:48:09 AM

Hi dev,

Your coin is superb, it's clear for me and all the technical community.
But his price is very low compared to som other coins.
ZCoin should be in the TOP 5 of the crypto world.

When will you do marketing operations to promote ZCoin ?
Your work is fabulous but the technical community is not enough to push ZCoin "to the moon".

I agree, Zcoin deserves much better.

Zcoin is not recognized at its true value.

If marketing was of the same quality as technical development, Zcoin would be much higher!

I hope the Zcoin team is aware of this!

Coin++

sr. member

Activity: 810

Merit: 444

Hi dev,

Your coin is superb, it's clear for me and all the technical community.
But his price is very low compared to som other coins.
ZCoin should be in the TOP 5 of the crypto world.

When will you do marketing operations to promote ZCoin ?
Your work is fabulous but the technical community is not enough to push ZCoin "to the moon".

LBX

hero member

Activity: 1025

Merit: 534

A

Can anyone support me
a28Nrpc14aB9FG7H5Ho1bef33GkgWiQKrN
Thanks

cyberspacemonkey

legendary

Activity: 1288

Merit: 1002

Quote from: dasgardo87 on July 17, 2017, 10:43:31 PM

Quote from: xs.over on July 16, 2017, 07:47:47 PM

I can't understand from where are coming these huge amount of hashrate? XZC net hashrate grows very quickly. At the same time, profitability is very low, about 4 times lower than on most other altcoins.
So, this is a botnet, or what is it ?? Huh

77Gh net hashrate it's about 65K pcs gtx 1060 GPUs. Seriously??? and all these miners still mining this coin, while other altcoins offering 3x, 4x higher profit?? smells fishly

Two biggest pools have only ~ 23Gh hashrate! Where the rest net hashrate is sitting? Seems what the resh hashrate is HIGHLY centralised by SOLO miners (botnets)

dude who have server with power 65K GPU? I dont believe someone can get that even from google cloud, aws or azure without not getting attention from them, it's possible if ASIC, but please someone who have knowledge in that subject please enlgihten us whether it can be ASIC or something else

This is quite alarming although I don't think an ASIC is possible since the algo is very memory intensive, I might be wrong though.

zcoinofficial

sr. member

Activity: 1004

Merit: 268

Firo (FIRO)

Quote from: mjosephs on July 18, 2017, 11:18:16 AM

Where? Last commit here

https://github.com/zcoinofficial/zcoin/commits/merge-mtp

is 10 days ago.

https://github.com/zcoinofficial/zcoin/commit/0d1f1125050be9dd0528c56954efc113e211f66c

Don't look at merge-mtp that is merging it back to master but doesn't affect the MTP coding.

ZenFr

legendary

Activity: 1260

Merit: 1046

Quote from: zcoinofficial on July 17, 2017, 10:02:38 PM

Quick Development Updates

From our testing, Zcoin's updated Bitcoin core 0.13 sync speed from scratch is about 6 hours which is a huge improvement. Testing Zerocoin functions at the moment.

Dev team decided that despite the benefits of 0.13, MTP migration will happen first before core upgrade improvements are deployed. The same goes with our libzerocoin upgrades and fixes. This is because MTP has a totally new block header structure so migration from the old block header structure needs some planning and we want to make sure that happens smoothly first before deploying too many fundamental changes especially one as big as Bitcoin core and libzerocoin. Migration to 0.13 will then open the way for deployment of Znodes.

Final MTP patch is in place. Will announce separate MTP bounty (not the same as a MTP miner dev competition) in the next few days to encourage scrutiny into MTP.

Thank you for these good news :-).
Impatient for the final MTP version and Znodes.
Will Bittrex doing the wallet upgrade safetely or it is better to withdraw my ZCoin to my desktop wallet ?

mjosephs

full member

Activity: 129

Merit: 100

Quote from: zcoinofficial on July 17, 2017, 10:02:38 PM

Final MTP patch is in place.

Where? Last commit here

https://github.com/zcoinofficial/zcoin/commits/merge-mtp

is 10 days ago.

Still waiting for this:

Quote from: zcoinofficial on July 14, 2017, 04:24:41 AM

Poramin to release one more minor patch.

You may think it's minor, but any change that affects the consensus rules (and that includes every last detail of the PoW) is a big deal.

zuluking

newbie

Activity: 7

Merit: 0

As long as the devs are actively working and making progress on the project I'm a happy long term investor. Good job and keep it up!

dasgardo87

full member

Activity: 233

Merit: 100

Quote from: xs.over on July 16, 2017, 07:47:47 PM

I can't understand from where are coming these huge amount of hashrate? XZC net hashrate grows very quickly. At the same time, profitability is very low, about 4 times lower than on most other altcoins.
So, this is a botnet, or what is it ?? Huh

77Gh net hashrate it's about 65K pcs gtx 1060 GPUs. Seriously??? and all these miners still mining this coin, while other altcoins offering 3x, 4x higher profit?? smells fishly

Two biggest pools have only ~ 23Gh hashrate! Where the rest net hashrate is sitting? Seems what the resh hashrate is HIGHLY centralised by SOLO miners (botnets)

dude who have server with power 65K GPU? I dont believe someone can get that even from google cloud, aws or azure without not getting attention from them, it's possible if ASIC, but please someone who have knowledge in that subject please enlgihten us whether it can be ASIC or something else

zcoinofficial

sr. member

Activity: 1004

Merit: 268

Firo (FIRO)

Quick Development Updates

From our testing, Zcoin's updated Bitcoin core 0.13 sync speed from scratch is about 6 hours which is a huge improvement. Testing Zerocoin functions at the moment.

Dev team decided that despite the benefits of 0.13, MTP migration will happen first before core upgrade improvements are deployed. The same goes with our libzerocoin upgrades and fixes. This is because MTP has a totally new block header structure so migration from the old block header structure needs some planning and we want to make sure that happens smoothly first before deploying too many fundamental changes especially one as big as Bitcoin core and libzerocoin. Migration to 0.13 will then open the way for deployment of Znodes.

Final MTP patch is in place. Will announce separate MTP bounty (not the same as a MTP miner dev competition) in the next few days to encourage scrutiny into MTP.

AND01

full member

Activity: 199

Merit: 100

zcoin Wallet too original too antique, please re-design beautiful wallet

FFI2013

hero member

Activity: 906

Merit: 507

Is anyone mining with 390/290s share your gadgetry thankd

zcoinofficial

sr. member

Activity: 1004

Merit: 268

Firo (FIRO)

We are happy to announce that Torphop Korgtadam has been appointed to be a consultant for Zcoin in IT Security matters.

Torphop Korgtadam is Co-Founder of Creden and MHCON (Meet the Hackers). He has experience in the banking industry and has been appointed as Global Subject Matter Experts (GSME) for Cyber Security, End-Point Security, and Web Application Security. He consults and advises on matters in relation to IT audit and control and the management strategy of internal audits.

https://zcoin.io/team/

LTCMAXMYR

hero member

Activity: 609

Merit: 500

DMD,XZC

Quote from: xs.over on July 16, 2017, 07:47:47 PM

I can't understand from where are coming these huge amount of hashrate? XZC net hashrate grows very quickly. At the same time, profitability is very low, about 4 times lower than on most other altcoins.
So, this is a botnet, or what is it ?? Huh

77Gh net hashrate it's about 65K pcs gtx 1060 GPUs. Seriously??? and all these miners still mining this coin, while other altcoins offering 3x, 4x higher profit?? smells fishly

Two biggest pools have only ~ 23Gh hashrate! Where the rest net hashrate is sitting? Seems what the resh hashrate is HIGHLY centralised by SOLO miners (botnets)

it is ASIC miner,like DASH ,ASIC mining,and to da moon,just buy buy buy!!!!

windows88

member

Activity: 84

Merit: 10

Looks like zcoin is always hot

xs.over

full member

Activity: 376

Merit: 103

I can't understand from where are coming these huge amount of hashrate? XZC net hashrate grows very quickly. At the same time, profitability is very low, about 4 times lower than on most other altcoins.
So, this is a botnet, or what is it ?? Huh

77Gh net hashrate it's about 65K pcs gtx 1060 GPUs. Seriously??? and all these miners still mining this coin, while other altcoins offering 3x, 4x higher profit?? smells fishly

Two biggest pools have only ~ 23Gh hashrate! Where the rest net hashrate is sitting? Seems what the resh hashrate is HIGHLY centralised by SOLO miners (botnets)

Prima Primat

member

Activity: 117

Merit: 10

Quote from: zuluking on July 15, 2017, 09:00:43 AM

Quote from: ho3in on July 15, 2017, 05:50:31 AM

hello, i have waiting for few week yet but zcoin wallet dont downloaded full yet !
now synchronizing is 9 week ! what i doing now ? :'( :'( :'(

It's not your fault, the wallet is broken. You can use znode.io to try to fix it, but it never worked for me (win10).

Are you both using older wallet versions? Starting a new wallet with the current version (0.8.7.8) took a day for me to synchronize fully (that's without the znode.io download), and has been starting instantly ever since.

@ho3in If nothing else works (if you've already downloaded the newest wallet), try starting with the -reindex flag – if you're using Windows you can do that by making a shortcut to zcoin-qt.exe and then adding " -reindex" to the target path. (Just make sure to remove it again once you've successfully reindexed.)

Quote from: zcoinofficial on July 13, 2017, 08:55:01 PM

Quote from: Prima Primat on July 13, 2017, 06:03:27 PM

Well I'm not a Khovratovich or Dinur or Nadler, but if Khovratovich has been in contact with the two and he says the current fix removes the attack vector, then it's reasonable to believe that.

We also spoke to Marc Bevands who had a lengthy exchange with Alexy and Dmitry. There's a lot of academic and good discussions happening in the background.

Note we are not saying that MTP is not going to be improved upon/developed upon. We do definitely forsee upcoming changes. One of the things we are looking at is also the compression of the proof which is quite large.

However at this point in time, we are still going ahead with rolling MTP on the mainnet unless a significant change is required due to new developments. We may push back the competition deadline a little and introduce a separate bounty fund to encourage scrutiny on MTP.

The Marc Bevand? Pretty cool :)
Also, seems like a good idea to go for an open approach and introduce that "scrutiny bounty".

Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 171. (Read 663504 times)