[ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 301.

cyberspacemonkey

legendary

Activity: 1288

Merit: 1002

Quote from: Zer0Sum on December 02, 2016, 09:43:57 PM

Quote from: jwinterm on December 02, 2016, 09:08:52 PM

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr - Received   19,994.0 XZC - Sent   0.0 XZC
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR - Received   21,253.99 XZC - Sent   16,103.99 XZC
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN - Received   19,994.0 XZC - Sent   5,908.0 XZC
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3 - Received   37,669.7 XZC - Sent   32,537.7 XZC
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U - Received   24,526.5 XZC - Sent   5,094.0 XZC

So, close to block 10000, total dev/investor tax is about 100k XZC, or 20k per address. Of the five dev/investor addresses, one has moved nothing, two have sent 25%, and two have sent 75%, more or less (since some have obviously received funds besides those from the tax.

If sold at an average of 0.0015 (375% today's price) that's about $60,000 (split among several people)...
Your average experienced panhandler in a major North American city can easily make $100/day.

This is why you never buy a Super Bubble like ETH, STEEM, ZEC, NLG, REP, SIA, AMP etc at the top...
You nibble... and average down... and mine... and scalp it daily to lower your cost base...
So even with a disaster like this one (my current cost is 0.0013) the losses are limited.

It's a basic principle of investing, buy low sell high. That's why most ICOs nowadays end up turning out to be dumpfests because they start with a huge market cap and no room left to grow.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: jwinterm on December 02, 2016, 09:08:52 PM

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr - Received   19,994.0 XZC - Sent   0.0 XZC
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR - Received   21,253.99 XZC - Sent   16,103.99 XZC
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN - Received   19,994.0 XZC - Sent   5,908.0 XZC
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3 - Received   37,669.7 XZC - Sent   32,537.7 XZC
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U - Received   24,526.5 XZC - Sent   5,094.0 XZC

So, close to block 10000, total dev/investor tax is about 100k XZC, or 20k per address. Of the five dev/investor addresses, one has moved nothing, two have sent 25%, and two have sent 75%, more or less (since some have obviously received funds besides those from the tax.

If sold at an average of 0.0015 (375% today's price) that's about $60,000 (split among several people)...
Your average experienced panhandler in a major North American city can easily make $100/day.

This is why you never buy a Super Bubble like ETH, STEEM, ZEC, NLG, REP, SIA, AMP etc at the top...
You nibble... and average down... and mine... and scalp it daily to lower your cost base...
So even with a disaster like this one (my current cost is 0.0013) the losses are limited.

valley365

hero member

Activity: 868

Merit: 1003

Quote from: cleverhope on December 02, 2016, 09:24:37 AM

Quote from: tooth_fairy on December 02, 2016, 07:57:01 AM

Quote from: cleverhope on December 02, 2016, 03:17:15 AM

sorry for such uncomfortable question but... for what do you want to mine XZC? for dumping it currently at low price near of 0.3 dollar? XZC each day makes new low.

i think its better to mine it while it is cheap because there is less competition then...

i asked because the major count of miners dump immediately.

This is an interesting question. I usually mine and dump according to the profitability... those altcoins for most of them will have not much value in the end. However, I am wondering who are the people buying? Are they traders? or they simply just like the coin? Grin

jwinterm

legendary

Activity: 3164

Merit: 1118

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr - Received   19,994.0 XZC - Sent   0.0 XZC
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR - Received   21,253.99 XZC - Sent   16,103.99 XZC
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN - Received   19,994.0 XZC - Sent   5,908.0 XZC
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3 - Received   37,669.7 XZC - Sent   32,537.7 XZC
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U - Received   24,526.5 XZC - Sent   5,094.0 XZC

So, close to block 10000, total dev/investor tax is about 100k XZC, or 20k per address. Of the five dev/investor addresses, one has moved nothing, two have sent 25%, and two have sent 75%, more or less (since some have obviously received funds besides those from the tax.

AizenSou

hero member

Activity: 938

Merit: 1000

Quote from: jeremy grol on December 02, 2016, 04:10:41 PM

Quote from: jwinterm on December 02, 2016, 03:57:55 PM

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

Some dev addresses:

https://insight.zcoin.rocks/address/aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN

https://insight.zcoin.rocks/address/aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR

https://insight.zcoin.rocks/address/a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3

As you can see,some are drained:
Total Received 24369.99 XZC
Total Sent 22373.99 XZC
Final Balance 1996 XZC

They start to dump right after bittrex list.
When many user ask them why all those coin has been moved they answers "we have paid Anonymous bounties".

Jeremy the troll doesn't even know how to use the block explorer properly. Funny FUD while the coin is dirty cheap now.
He needs better method to promote his clone Zoin.

@jwinterm: please use this explorer for ur research
https://chainz.cryptoid.info/xzc/

Quote from: romanornr on December 02, 2016, 06:32:01 PM

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

Nice one, thanks Romaro.

romanornr

hero member

Activity: 692

Merit: 907

Yeah Romano from twitter

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

lpedretti

full member

Activity: 152

Merit: 100

Does anybody know how long is it until a mined block matures?

Thx!

jwinterm

legendary

Activity: 3164

Merit: 1118

Lol anonymous bounties. Anyway, thanks guys. Didn't even think to look at block 1, derp.

jeremy grol

hero member

Activity: 882

Merit: 500

Quote from: jwinterm on December 02, 2016, 03:57:55 PM

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

Some dev addresses:

https://insight.zcoin.rocks/address/aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN

https://insight.zcoin.rocks/address/aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR

https://insight.zcoin.rocks/address/a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3

As you can see,some are drained:
Total Received 24369.99 XZC
Total Sent 22373.99 XZC
Final Balance 1996 XZC

They start to dump right after bittrex list.
When many user ask them why all those coin has been moved they answers "we have paid Anonymous bounties".

barrysty1e

hero member

Activity: 636

Merit: 516

Quote from: jwinterm on December 02, 2016, 03:57:55 PM

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

zcoin block explorer.
block 1 (https://zcoin.rocks/block/c0c53331e3d96dbe4a20976196c0a214124bef9a7829df574f00f4e5a1b7ae52).

by opening the link, we see:

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U

are the dev addresses

jwinterm

legendary

Activity: 3164

Merit: 1118

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

barrysty1e

hero member

Activity: 636

Merit: 516

Quote from: jwinterm on December 02, 2016, 11:23:40 AM

Is the 20% dev tax activated now? Are the addresses where those funds go public (without looking into the source code)? Devs hodling or dumping with miners?

has been from the start.
these addresses are available to view in any zcoin block explorer.

zcoin is just a clone of moneta, which was a clone of zerovert.
i'm guessing the original dev of zerovert (who does deserve props for actually writing the first coin to utilize libzerocoin) wasn't happy with the profit so he triple dipped.

roger ver is across 95% of this too; search his name and moneta/zerovert on google.

i've got to say guys, all of this can be discovered by exercising your personal right to think for yourself.

jeremy grol

hero member

Activity: 882

Merit: 500

Quote from: jwinterm on December 02, 2016, 11:23:40 AM

Is the 20% dev tax activated now? Are the addresses where those funds go public (without looking into the source code)? Devs hodling or dumping with miners?

Devs are dumping. Most of funds reward are empty.
They started to dump at maximum price of 0.01 the same time zcash was launched (well scam arch, catching the max hype price to start dump)

Also heard on slack that this thread is no more on dev's hand (they busy to buy lambo)
1 community manager have this thread ongoing, original dev said that have no enoug time to post or interact with community.

synthgauge

hero member

Activity: 1150

Merit: 502

Quote from: jwinterm on December 02, 2016, 11:23:40 AM

Devs hodling or dumping with miners?

This was their intention from the beginning. The launch was scheduled to coincide with zcash launch, poorly informed elements of both z-communities jumped the bangwagon and brought a monster hype leveling the price and allowing the devs to cash out at higher rates. Eventually they will dump everything they have mark my word.

jwinterm

legendary

Activity: 3164

Merit: 1118

Is the 20% dev tax activated now? Are the addresses where those funds go public (without looking into the source code)? Devs hodling or dumping with miners?

cleverhope

sr. member

Activity: 616

Merit: 252

Quote from: tooth_fairy on December 02, 2016, 07:57:01 AM

Quote from: cleverhope on December 02, 2016, 03:17:15 AM

sorry for such uncomfortable question but... for what do you want to mine XZC? for dumping it currently at low price near of 0.3 dollar? XZC each day makes new low.

i think its better to mine it while it is cheap because there is less competition then...

i asked because the major count of miners dump immediately.

tooth_fairy

member

Activity: 70

Merit: 10

Quote from: cleverhope on December 02, 2016, 03:17:15 AM

sorry for such uncomfortable question but... for what do you want to mine XZC? for dumping it currently at low price near of 0.3 dollar? XZC each day makes new low.

i think its better to mine it while it is cheap because there is less competition then...

jeremy grol

hero member

Activity: 882

Merit: 500

I don't see any major update for next 12 months that could attract investor.....
Major update, not bug algo fix or algo change. MAJOR update.
There is nothing for entire 2017 on roadmap relevant.

gawlea

hero member

Activity: 756

Merit: 579

Quote from: Goruno on December 02, 2016, 05:21:52 AM

Quote from: cleverhope on December 02, 2016, 03:17:15 AM

sorry for such uncomfortable question but... for what do you want to mine XZC? for dumping it currently at low price near of 0.3 dollar? XZC each day makes new low.

Maybe it will have 0.1usd for this month and BTC price is rising so all altcoins will be down badly.

or maybe not, i saw the coin 2 days back at 0.9$ Wink

Goruno

sr. member

Activity: 401

Merit: 257

Quote from: cleverhope on December 02, 2016, 03:17:15 AM

sorry for such uncomfortable question but... for what do you want to mine XZC? for dumping it currently at low price near of 0.3 dollar? XZC each day makes new low.

Maybe it will have 0.1usd for this month and BTC price is rising so all altcoins will be down badly.

Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 301. (Read 663504 times)