Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 319. (Read 663307 times)

Can I mine this coin with lyra2re2 miner? Nicehash lyra2re2  is supported or  is it  a custom algo? Any idea? Still now I've mined with my CPUs but I intend to buy some hash power.

BTC down.. and we are going up.. whop whop

AWS started banning users that used bought credits, slack is full with people complaining so that's good for investors now. Also the new algo will be cpu friendly, but might prevent botnets: "We believe MTP is the way to prevent botnets from mining while allowing normal legitimate CPUs to perform proof of work."

Source: https://github.com/zcoinofficial/zcoin/wiki/Roadmap

the problem with this also, is that a gpu miner would be pointless because it will be on par with cpu, really a bad thing for us miner, it will only help mining centralization with aws instances, like someone else said they should have done this with lyra2re2 instead of a fancy lyra2 with some adjusted parameters

Bitcoin pump = Zcoin dump
Bitcoin dump = Zcoin dump

 

yes im going to invest all my money in to this

dev has to ask his professor... gives me great confidence to put my life savings 

Also until I hit the 30 post mark, my images on the OP won't show due to BCT guidelines. I'll talk more

Hi Jeremy, do contact me on Slack on #mining and we can see if we can help you out. The block height parameter is going to be capped soon and we're testing code before pushing it.

Those who think spinning up a coin with a Zerocoin implementation is a simple task, I think the fact that Zerocoin being so widely cited by academics yet this is the first and only implementation of it speaks volumes. There were many scaling issues that needed to be overcome for it to be even a working implementation.

With a much smaller budget, focus was more on getting the working implementation up and even then there are still hurdles to overcome. I think for the most part, Zcoin has achieved this.

I think anyone who has been involved with many other good quality coin projects with smaller budgets have seen how it takes time for what outsiders may see as basic marketing info. This is rapidly being worked on.

With the Vertcoin history, when Poramin founded Vertcoin he was joined by Boris and Erik who came in as core-devs and therefore Poramin took a back seat. Boris and Erik were subsequently replaced by Adam and James and the last release was a couple of months ago in 17 June 2016. James is now studying in MIT and Adam is working on his own startup. Poramin did consider coming back to Vertcoin to help develop EVM and that is still a possibility in the future when things settle down with Zcoin but his priority and focus now is with Zcoin and the investors who backed the project. The MTP algorithm change is quite an urgent piece of work.

For updates on github, only code that has undergone some testing goes on github. For e.g., Poramin's work with the temporary algo fix is not pushed until it's tested (which he is testing right now). Similarly MTP algo work is only pushed when there is something working.

As for Poramin's meetup with the professor, this clarified certain issues with the implementation of MTP as certain things were not properly notated in the paper and thus was confusing. Once that was clarified, the path to implementing MTP is much clearer and should be done faster than originally planned.

I think that there will be a changing for algo and now it's time to buy cheap xzc coins and you will get big profit in future

Zcash did more than a year development time, launched with flawed anonimity and no wallets or a video. Is it a scam? No.

Is this a scam? No.

This is the very first implementation of a working ZeroCoin protocol, nothing more and nothing less currently. Damn son, you must be a true detective to deliver such a solid proof for a scam accusation.

Well as I see it there will always be some coins created by the same devs only changing the algo. Anyway how difficult is it to create a poll for mining? What does one need to create proper working pool?

I think zcoin is a crappy scam coin for many reason,that's some:

- 1 year development to release a coin with scrypt-n algo instamined easely with titan scrypt asic (everyone knows it dev apart? lol)
- Quick change algo to modified lyra, WITHOUT any proper test (1 days test and go!) lol.

Poramin previous scam was called VERTCOIN. do you know which algo was? oh, it was Scrypt-n then modified into Lyra. Anz zcoin? Scrypt-n then modified with lyra.

This prove poramin knoweledge are the same of 2014. No innovation. Same story repeat.

1 year development and no time to made basic marketing and promotion before launch?
1 year, 365 days,+ 1 month from release. still working on a video?
it's a video or a movie? who's the director? Martin Scorzese?

Anyway, what abour recent meeting from poramin with professor? It happened days ago. And?

ANN copied from Slack:


Issues on Lyra2 algo for pool operators are noted and MTP is being worked on.  There is a planned adjustment to the existing Lyra algo as a temporary measure to keep pools running so that it doesn't keep increasing with block height.

[2:11] 
Poloniex, we are getting some help on that but nothing promised so far. Will keep you guys updated when I get more info.

[2:15] 
We are aware also of the FUD being spread over obvious untruths such as Zcoin being a Zcash fork. We can educate, but only those who open their eyes, will see. Thanks to those who defended us with the facts.

[2:16] 
Informational video script is being worked on and we hope to have a decent explanatory video for newcomers.

[2:18] 
Any questions on these please refer them to #chat thank you!

Kind of sad how another new member of this community (you) can not differentiate between trolling and valuable discussion. I adressed every single recent comment of his and gave an answer to it, he wasn't criticizing, he was simply being a troll. Read it back and read his comment history afterwards.

There are certain points, which need to be worked on in this project. Marketing is on the low side and so is the "pace of progress", but this doesn't mean that the developments are running slow, it is simply slow in crypto terms, because the avg investor here has an attention span of a goldfish.

The trolls points on top of my head:

1) Polo won't add zcoin, Polo only goes for volume coins

Incorrect, see last 20 adds, you will find tons of coins which had similar avg volume to XZC (or lower). I also knew a polo wallet admin and they didn't go for volume coins simply because they had volume.

2) No reason to add XZC to Poloniex

Zcoin has currently one of the highest level of anonimity a crypto project can offer, up there with Zcash and higher than Monero.

3) Zcash has more lines of codes submitted to github than Zcoin

And? Quantity over Quality anyday. Zcash is also a way more funded project than Zcoin currently, with a bigger team. Zcash also had it's anonimity feature flawed at start, which needed fixing. It's the SINGLE FEATURE the project has. So more lines submitted (aka bugfixing) means it's a superior project?

4) Algo is flawed, coin will die in 30 days.

A brand new algo is being implemented, no other coin has it, seems superior to other sollutions. Meanwhile a fix is being worked on as we speek. Poramin wen't to see a university professor to talk about MTP and it's possible implementation. Anyone can see this if they join Slack. Progress can not be measured by purely watching github.

I responded in more detail to his trollish comments, but please let me know if I forgot to summarize correctly for you, since you seem to have the brain size of a chipmunk since you feel that he is being talked down for no reason and he isn't trolling with his comment history.

I have read on slack poramin 2 days ago got metting with a professor about mtp.
And? loooooolllll
Disappear? no info, no answers. nothing. He didn't find time to post about that meeeting?

Wait a minute. poramin,show proof about that meeting,pics,professors name.
Oh wait again, answers will be "no". it's an anon professor, from an anon university.
Mystery and top secret meetings. lol

Thats why i am not a fan of Cpu only algos

Means Botnets Choice and that means constant Sellpressure from "free" Coins.
I bet botnet guys where hoarding for the Zcash Release and then they dumped it to shit over the BTC run.

Considering real mining Efforts, Momentum and poor Blockrewards this should be arround 40-50$.
That Red Candle of unloads (very likely from Botnets) killed it for now imo.

Poramin and gary scammed again community.
Next one please.

Will need to improve the layout of this coin. Technical specs are of brilliance, execution of its cover quite poor. There is a lot of room for improvement, hope we can tackle this problem as soon as possible.