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Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 282. (Read 663312 times)

sr. member
Activity: 311
Merit: 250
Any windows miner compiled?
newbie
Activity: 39
Merit: 0
H/s is decreasing.......getting really tough to mine....plus price isn't helping either

I've got 1,560 8-cores on it atm.

That's a lot of cores  Smiley

Profitable at current prices?

Insanely, for me. And this time, I'm not even using a special miner. Well, I bumped it ~5%, but that's about it. The trick is cheap compute, this time.

Cool Smiley

Do you see future in this tech or just mining for profit?


Just mining for profit, here.

Unsure if you still reply to these, but are they spot instances that you are(were using)? Pretty sure they would help with profits
member
Activity: 126
Merit: 10
Hi AizenSou, Thanks for the Mac wallet info!
hero member
Activity: 938
Merit: 1000
Is there a Mac wallet for this coin?

Official Mac binary here

https://github.com/zcoinofficial/zcoin/releases

We will update with static gitian build for Linux 64bit and Windows soon. Probably with the new wallet loading speed up.
hero member
Activity: 868
Merit: 1003
can this new algo be mined effectively with gpu or it's like the old one that only cpu work and it is not worth to use gpu? i hope the dev understand that runnign a bot fest coin will never do anything good to the project, mining is very centralized now in this coin

The new algo MTP is expected to be kinda like Equihash whereby GPUs can also mine it but it won't be dominated by GPUs only and CPUs can still play a role.
It's still in development though and we're about 70% done.

do you have any eta on when it will be released? and what about the gpu miner? will be ready at launch, because otherwise it can make the thing unfair

Looking forward to MTP, hope this will boost the zcoin, which is a pretty good coin. Now it's probably the good time to buy some more, looks like the team is stable now and focus on the dev.
member
Activity: 126
Merit: 10
Is there a Mac wallet for this coin?
newbie
Activity: 16
Merit: 0
sr. member
Activity: 588
Merit: 250
Crypto is Life!
Where to buy Zcoin ?
hero member
Activity: 767
Merit: 532
I 100% stand behind Poramin too

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
can this new algo be mined effectively with gpu or it's like the old one that only cpu work and it is not worth to use gpu? i hope the dev understand that runnign a bot fest coin will never do anything good to the project, mining is very centralized now in this coin

The new algo MTP is expected to be kinda like Equihash whereby GPUs can also mine it but it won't be dominated by GPUs only and CPUs can still play a role.
It's still in development though and we're about 70% done.

do you have any eta on when it will be released? and what about the gpu miner? will be ready at launch, because otherwise it can make the thing unfair
legendary
Activity: 1030
Merit: 1000
Great going. I'm highly convinced that this coin will be a big winner in 2017  Cool Smiley
sr. member
Activity: 1004
Merit: 268
Firo (FIRO)
Yes if all goes well we should see something in March. Fingers crossed.
member
Activity: 61
Merit: 10
sr. member
Activity: 1004
Merit: 268
Firo (FIRO)
can this new algo be mined effectively with gpu or it's like the old one that only cpu work and it is not worth to use gpu? i hope the dev understand that runnign a bot fest coin will never do anything good to the project, mining is very centralized now in this coin

The new algo MTP is expected to be kinda like Equihash whereby GPUs can also mine it but it won't be dominated by GPUs only and CPUs can still play a role.
It's still in development though and we're about 70% done.

I have recently got into this coin, the wallet takes 5.25 hrs to load, that's after three days to sync.  then i go to mine with it and get run time error's and the wallet crash's. is there any way to make it load faster and actually solo mine? or is there at least a windows miner that i can use for AMD cpu or gpu? i have no clue how to compile and ubuntu will not dual boot with my computer so i am stuck on win 7 x64. I do not get why i have issues with this coin. i have a x6 cpu 8gb ram and rx 480 with a 850w psu. i love mining and i am willing to learn more if i can find the help.

Hey TheFryer, the slow wallet load issue is known and a fix is actually already being tested. From our testing right now it looks very positive. The first load still takes several hours for re-verification but subsequent loads are in minutes. We'll also look at getting a bootstrap up for those who don't want to download the whole chain manually.

For solo mining, may not be that good now and GPU mining is not possible with this algo at this point in time but as this algo is only a stop gap until our new MTP mining algorithm is implemented. Best to try with a pool using this guide which also has links to binaries for Windows: https://github.com/zcoinofficial/zcoin/wiki/Pool-Mining-Guide

Just setup a ZCoin mining pool. If there are problems, let me know.
https://gflare.io/coin/zcoin


pool you use Who version of the wallet , Poramin or Gary?

He is on Poramin's version. The only version that matters right now. But he's still working on some issue with his pool.


Can Founders secretly mint Zerocoins?

No, they (and not including the dev) do not have access to the initial parameters and are subject to the same rules as everyone else.

Did you mean "not excluding the dev"?..  Wink

How do we detect a breach in Zcoin's initial parameters or a vulnerability?

In the event of Zcoin's initial parameters being compromised or some other vulnerability is discovered, Zerocoins can be minted. However this is easily detected as total supply is still auditable.
Total supply of coins that should exist = (block number x block reward)
OP_ZEROCOINMINT function shows all mints + 0.1 mint fee
OP_ZEROCOINSPEND shows all spends of Zerocoin
So you know exactly how many Zerocoins have entered the Zerocoin pool and how many Zerocoins have exited the Zerocoin pool.
total supply >= all circular money - (#zerocoin_mint_tx + 0.1 for each tx) + #zerocoin_spend_tx

Remember an example of a bug that can cause things going haywire has been observed in Bitcoin (https://en.bitcoin.it/wiki/Value_overflow_incident) but it was detected and fixed because the total supply was auditable.

This is not possible with Zcash as transaction amounts are obscured making it impossible to determine so if a flaw is found, this is a much bigger risk. This is the trade off for their added anonymity and we feel it's a risky one although they have attempted to mitigate this by multiple costly security audits.

I have a question here:
ok, lets assume we have detected that something is arong with total supply, so someone is minting "counterfeith" zerocoins... So what next? What can be done to save the coin in such case? Can anything be done, or as soon as it happens, the coin is doomed together with the investment people have made into it?


Yes what I meant was the dev doesn't know the initial parameters either Cheesy double negative oops Tongue.

It is noted that knowing the initial parameters does not break the anonymity of transactions, just that it allows the counterfeiting of Zerocoins which isn't really in the RSA accumulator. And as previously mentioned, when the supply doesn't check out, this will be detected.

In such a serious scenario, all Zerocoin spend transactions will probably need to be frozen while we identify the issue (if it's a bug which is the better problem) or whether someone truly knows p and q (which is a worse problem) though we think the latter scenario is highly unlikely. It is in our roadmap to replace these parameters eventually anyway with a non trusted setup which should resolve any remaining concerns but as I understand it, anonymity is preserved in either case.

It's also worth noting that some people have criticized the use of RSA primes. If RSA breaks, a whole lot more things are going to be broken (web browsers, chat applications, email, VPNs, SSL certs) and most likely Zcoin would be the least of your concerns as illustrated in this interesting side read: https://petertodd.org/2016/cypherpunk-desert-bus-zcash-trusted-setup-ceremony#zk-snarks





sr. member
Activity: 490
Merit: 262
The World’s First Blockchain Core
I still mine this coin with some old servers 8 cores with free electricity in my office.
I feel funny with this coin, I expect the price will return back at 0.01btc in 3 months later.
Happy New Year all investors of zcoin.
legendary
Activity: 2576
Merit: 1073
I have recently got into this coin, the wallet takes 5.25 hrs to load, that's after three days to sync.  then i go to mine with it and get run time error's and the wallet crash's. is there any way to make it load faster and actually solo mine? or is there at least a windows miner that i can use for AMD cpu or gpu? i have no clue how to compile and ubuntu will not dual boot with my computer so i am stuck on win 7 x64. I do not get why i have issues with this coin. i have a x6 cpu 8gb ram and rx 480 with a 850w psu. i love mining and i am willing to learn more if i can find the help.

I did not solomine, and I doubt very much it will be effective unless you have a lot of computing power.

So better to use a pool. There is no GPU miner, as to Windows CPU mine, you can probably use this: https://bitcointalksearch.org/topic/m.16977284 (its the post from Devs, so I think it should be reliable, but don't hold me responsible if the miner have any kind of virus Smiley). I use Linux, so I cannot vouch for any Windows miner.
legendary
Activity: 1288
Merit: 1002
Yeah mining is kinda weird, the less threads I use the better performance I get too. Probably a memory issue.
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