Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 216. (Read 663312 times)

I started a massive fud times ago as i usually do on several coins. i was wrong, zcoin still rocks, but all sad stories about gary and hack remain

Id be happy with 500 or 250 XZC per MN at current price.

I was thinking about 170 XZC, not 1,000 : 1000 XZC is too much and too expansive (4,5 btc).
1,000 is the number of the nodes.

Yes, Thank you for your thought. I think it's about 1,000xzc enough to do znode well but it's depending to Dev's decision.

1000 coins should be enough , I think. Not too much , and not too less...

I don't know : less seems to me very few for the network, no ?

does the network need so much service nodes..

We don't know at this time, The dev team will decide this amount.

My opinion :
There is less than 1.7 million XZC.
1% of this is 17,000 XZC (100 nodes have all the coins).
0.1% of this is 1,700 XZC (1,000 nodes have all the coins).
...
If you want 1,000 nodes for 10% of the avaible coins (good example, but it is still an example), each node will have 170 XZC.
Each XZC is at 450,000 sats, total 0.765 btc (finally my example is very good : not to high, not too low).

Yes, buy all ZCoins that you can :-).

How many coins does one znode need?  I want to know this and will buy more zcoins for one znode. Thank you

Zcoin 's total value is still small.And Many people are looking forward to the Znodes.So just go to buy all what you can!

You must wait for 3 -5 days for sync and sometimes you must restart your wallet then it's fine. My wallet is still running ok now.

@Zcoinofficial i am having problems downloading the chain, it stops at block 670, 24 weeks remaining. Wallet 0.8.7.7 download via your official website...

I tried deleting all the files and everything!

Please advice

Thanks for your feedback! I have updated the mining guide here:
https://zcoin.io/language/en/guide-on-how-to-mine-zcoin-xzc/

Perhaps you missed out on some of the things we did in the past. We are indeed big fans of P2Pool but at the moment, we are only in a transition algorithm that is due to be phased out pretty soon. (https://zcoin.io/language/en/zcoin-transition-algo-lyra2z-specs-finalized/)

We had ocminer from Suprnova to release his pool code for the original Lyra2 which he did. You can view the Github here: https://github.com/ocminer/node-multi-hashing-xzc
A sizeable bounty was paid to him. This was however not updated to the temporary transition algorithm for lyra2z yet.

MiningPoolHub (http://zcoin.miningpoolhub.com/) and ZPool (http://zpool.ca/site/mining) under Lyra2z are both big mining pools that support mining Zcoin with the latest algorithm so there are 3 big quality mining pools that support Zcoin's current algorithm Lyra2z. We work closely with them and provide support where needed. Suprnova's predicted earnings are not accurate so you have to rely on your own calculators. MPH did do some work on getting accurate earnings predictions on their site.

We also engaged djm34 to develop public binaries for the Lyra2z miner code which we released (most other coins don't give a crap),
https://github.com/djm34/sgminer-msvc2015
https://github.com/djm34/ccminer-msvc2015

P2Pool is of course something we are looking at but we're only considering developing it once we move to our MTP algorithm.
http://zcoin.io/language/en/what-is-mtp-merkle-tree-proof-and-why-it-is-important-to-zcoin/
It doesn't make sense to spend resources in developing too much for the transition algorithm Lyra2z when the MTP release on testnet is a few weeks away. We foresee this will be the final PoW mechanism that will be used and then we can dedicate our resources to developing for it.

Again, djm34 has been engaged to come up with the publicly released binaries of the miners.

Remember, right now we're quite a lean team. Right now, we're not like Zcash's army of devs and millions of dollars to spend on multiple code audits so our current focus is
a) Finishing MTP and rolling it out
b) Fixing wallet experience
c) Working on Znodes
d) Code audit

Once a) and b) tasks have been finished especially a) we can definitely look into getting P2Pool code out. Heck, we have been playing around with the idea that all Znodes should even host P2Pool (but nothing finalized yet).

also fix solo mining, will help as well

May be I'll repeat my thought from Zcash forum...

If devs are going to create a PoW cryptocurrency, their main task should be to provide the community of miners with source code and binaries of P2Pool adapted to their newly created crypto. Otherwise it looks a bit scammy: the crypto is just created, almost nobody has wallets and mining SW, but just take a look - you can already mine our super-crypto at suprnova! And literally nowhere else. So come and mine it! Faster!..

But devs often doesn't care about it. So as a result we have a centralization, we have stolen blocks, 50% underpaying... So does it mean that devs are agree that miners will have such a negative experience? Looks so...

Mining is difficult for a newbie and XZC is probably not the easier coin for beginning mining (because luck is very variable and there is a big latence beetween hashrate and difficulty).

Share my experience,wtf!!!!!!!!!!

1. I am a newbie ,it was my first time to mine Yesterday

2. https://github.com/zcoinofficial/zcoin/wiki/Pool-Mining-Guide
cpuminer-opt (for CPUs) ---https://github.com/zcoinofficial/cpuminer-xzc
Download--https://github.com/ocminer/cpuminer-xzc/releases
oops!!! 404,Page not found!!!!!!!!!!!!!!!!!!!!!!!!!

3.I am a chinese, I try to search the software in baidu.com,again and again ,i downloaded winzcoinminer.zip from
https://mega.nz/#!G9olFLAD!5R3w1t4JJ_WCpDOYoerPWABjFbqm_qvXYX3KlOTvGyc
God bless!

4.After installation complete,I start mining from xzc.suprnova.cc ,it always reported error "not accept"

5.2hours later,I found [https://bitcointalk.org/index.php?topic=1638450.0]

Mining Pools
•MiningPoolHub
•Zpool
•Suprnova
•Pool.mn
•Maxminers

here,https://zcoin.miningpoolhub.com/

God bless ,its so easy to start mining.......

RECENT CREDITS
Last 24 Hours   0.18735613
Date   Credit, Credit for Auto Exchange
2017-03-21 (UTC)   0.04061193
2017-03-20 (UTC)   0.14674420
2017-03-19 (UTC)   0.00000000
2017-03-18 (UTC)   0.00000000

[I started  7 PC for a night]

6.Finally, I want to say that Zcoin's bug is too much,and very unfriendly to newbie.If there is a new version or new features, I am happy to test.
@zcoinofficial

7. ;)Tks to fanyi.baidu.com，谢谢百度翻译，哈。

it's really good now. I realize that the amount of mining zcoins is decreasing and the diff is quite high. The profit from mining this coin is not attractive so buying and holding for long time will be a good choice at this time.