Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 320. (Read 663307 times)

Seriously? People who point out legit issues are "trolls"??

Devs are currently rolling in cash on this coin and cannot even be bothered to show up in the thread, fix the OP, do any marketing. Oh wait a minute, they ran a Reddit ad. That was genius.

Do the math on what 20%  is so far, then ask yourself where is the community manager? Where are the demo videos, where are the use cases?

Lambo baby. Go get'er Gary, this scam is on autopilot.

Suprnova has all the hash, who is mining on your so called private pool? You with a gameboy?

Also ocminer (suprnova pool op) was already contacted with an offer on help (fix). It was stated on slack.

Anything else you can bullshit over? You really should know when to stop, I responded to every comment you made and instead of trying to challenge it you just hop on another "issue", which got answered aswell. Feel like you are doing the textbook trolling 101, again I would ask anyone reading this to look up his comment history. Not everyone will believe your trolling, specially when it's not backed up with anything.

I'm running a private zcoin pool.
Every 2 days i need to restart cause memory required is going to be every day higher!!
This algo is broken!!
Mark my words. Zcoin will not survive with this algo for next 30 days.

You have literally no clue what Poloniex checks, unlike you I have actually known an ex Polo wallet admin for a long enough time and it's really not that simple as "needs volume". So many coins have been added without constant EVEN MEDIOCRE volume.

I like how you keep spamming bullshit comments while acting knowledged.

Edit: Looking back at your comment history now it's pretty clear what your aim is here. Hope no one takes you seriously though.

Quantity doesn't equal quality, coding can't be measured by lines written. A more bugged software needs more coding to fix.

Unreal how much garbage comes from your mouth.

This probably needed a few lines of code aswell: https://www.cryptocoinsnews.com/zcash-bug-prevents-private-transactions-soon-after-launch/

And the constant stuck payments on ZEC Pools aswell I guess.

Wonder why you are avoiding to answer comments that point out flaws in your logic you tool.

How much do they pay you for shitposting?

True,

chech zcash github and zcoin github.
Zcon github got no update since 10 days (only a crap bullshit page with next 2 monnth,next 5 month,next 10 month)
Zcash got dozens code update every day. Those are facts, not words.

Both zcoin and zcash got thousands usd daily form their 20% premine for development.

Where is gary? He was so active at beginning, after he drained 3 zcoin addresses he wrote "i will be busy in real life for next couple of weeks".
Sounds legit. Lambo and jacuzzi need time to be bought and chose.

Have u seen the volume before Zcash....I guess no

About development.. This has been in development for more than 1 year even before Zcash.

Can you show me the roadmap of Zcash...

Clear your facts before posting crap....

Exactly. First they check volume.
After they check development. And it's missing on zcoin.
There is a roadmap with nothing so "innovative" for next 5-6 month.

Probably poloniex will reconsider zcoin next 6 month, when and if mtp will be added to zcoin.

Until then there is no reason to add zcoin to poloniex. Low volume, no roadmap for at east 2 month.
Polo will not add coin cause there is a new website. loool

ZCASH was added to polo and bittrex on the same day the first coin appeared, so what are we talking about??
Money talks, dogs bark.

The official stand is that we are continuing to work on it and some people have agreed to help out however we have not made any statement on whether it will be added or not although of course we remain positive.

Volume has only recently tapered off and it was holding close to 100 BTC volume daily (and not even during the 'hype' phase). Even when it was on Nova exchange, volume was pretty healthy.

Many people have questioned on "What's the status of listing and why aren't u doing anything for Poloniex?" hence the answer above.

Polo has added several coins in the past, which didn't stand out because they had high volume. Stop spreading misinformation as if you were knowledgable. Volume doesn't hurt, but it's not the deciding factor according to past additions.

Poloniex require interest from market before add.
If zcoin prove it's volume on top of bittrex for some weeks, they will add for sure.

But, zcoin need volume.
Current volume market on bittrex:

ZEC
CLUB
EBST
NLG
NAV
DASH
ETH
LSK
WOX
WAVES
STRAT
XMR
START
ZCOIN

Quite false hype information talking about poloniex interest if first zcoin will not achive more volume on market. Exchanges first listing rules is "volume"

Zcoin is not a fork of Zcash. Zcoin uses the Zerocoin paper while Zcash uses the Zerocash paper.

A quick comparison of the papers even if you're not technical would show you that they're very different.
Zerocoin: http://zerocoin.org/media/pdf/ZerocoinOakland.pdf
Zerocash: http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf
Both these papers have common authors and Zerocash built on Zerocoin.

For more info: http://blog.zcoin.tech/zcoin-and-zcash/

Implementing an academic paper into a working implementation is not so simple. Why do you think Zcash took so long?

A previous post has also dealt with this: https://www.reddit.com/r/ZCoinProject/comments/59tefn/zcoin_is_not_a_zcash_fork_get_it_right/


I don't know why you say Zcoin has anon devs. They're pretty clear in their website who they are. Poramin Insom and Gary Le.

https://zcoin.io/about/


Indeed.
Examine the source information instead of relying on third party postings. The source information has been provided to you above.

Crazy: Zcahs have a bug on their "main features" after years of "testing" and "coding" and worth 1 btc each
https://www.cryptocoinsnews.com/zcash-bug-prevents-private-transactions-soon-after-launch/

Zcoin should be worth 5 btc each at this stage. 

roger ver invested in a bunch of other coins too, that does NOT make this project any more (or less) legit !
do not overthink that big name mentioned here

anon dev's have a terrible reputation in the Crypto scene after the last couple of years and u can not blame the community for giving u sh..t about it.
Any dev who is there to stay and proud of his project would do it under his real name, everything else is BS

the whole 'you can trust us' but we can not talk about it due to NDA's is pretty lame

"impressive' they got it out on a small budget ?
come on - fork and launch, how much can that cost ?
these days everybody thinks (or sais he thinks and needs) x thousand of BTC in an ICO to launch as suddenly it is sooooo expensive to run the network = BS
specially here , where it is a fork of another project
man man .... the crypto scene these days eh ....


Best thing I have read about ZCASH so far

Could someone please explain me how block reward is working with ZCoin ?
Or this depends of the pool im mining on ?
I found a block on pool.mn a few days ago, but i did not get any reward (40 coins), so im a little mad and confused here, maybe if someone could explain me how this thing works?
Thanks

At current prices 20% of the mining for the next 4(?) years, looks roughly in line with other projects and ICO's.

I'm writing this in my personal capacity not as community manager and my experience as a lawyer and this is to answer the accusation that founders are just swimming in their founder's reward. This is not based on any inside info but my own deductions. For marketing, although i'm not privy to how they spend it, you can see the ads that are popping up on Zcoin so there's some marketing ad spend going on there.

But let's get into the nitty gritty which I think a lot of people are not thinking clearly about.

First of all, Roger Ver's investment is real. It has been disclosed EXPLICITLY in bitcoin.com publications (which Roger owns), confirmed by other independent members approaching him directly, regularly posts on his MemoryDealers account in Reddit in Zcoin and created a sub-forum for it in Bitcoin forums. He still remains invested.
https://news.bitcoin.com/zero-knowledge-zcoin-launching-soon/ (see the disclaimer)
https://www.reddit.com/r/ZCoinProject/

First of all there were definitely certain agreements in place when obtaining investor funding for Zcoin (or as it was then named Moneta). This is what made the project possible in the first place.

It is common for these investors to choose to remain anonymous. Only Roger has stepped forward to confirm he is an investor but I don't think you can blame the founders for not disclosing the others especially since the investors are the one who funded Zcoin and their wishes should be respected. Note that backing a privacy coin can be controversial and not everyone may want to come forward. With Zcash, which is a much more high profile investment with serious marketing dollar, there's bound to be more investors who are willing to be public.

Now to the next point, I think it's naive to think that these investors didn't have certain stakes in the growth and reward of the coin. They need a return on their investment. With no premine, there's the founder's reward. The most logical thing is to assume that some investors are entitled to certain payouts. The whole project started when it was Moneta in 2015 and much time has passed and only about one month back was it launched. Now that a milestone has been achieved (coin launch and listing), some investors may want to recoup part of their investment back while others decide to hold. Where would this payout come from? It may be, to be paid in XZC or it may be 'interest' on their investment or a share of the founder's reward. If you watch Shark Tank, you'll know what I'm talking about. This also makes sense on a contractual standpoint.

Gary and Poramin both mentioned NDAs which are also common and they may not be able to disclose the identity, the size of the investment and their entitlements from their investment. Now they are asked to explain the wallets being drained, but bound by the NDA, now you can imagine the situation they are in. In frustration, Gary said well when Zcash is transparent about their expenditure, they will be too which was received negatively but the fact is a much larger project like Zcash that's involving a lot more money is not subject to scrutiny because big names are involved while with Zcoin, the only known big name is Roger. Again, Zcoin's funding is i think many many many many times smaller than Zcash's and yet I think it is impressive they managed to get out a WORKING implementation of Zerocoin and minting.

Bounties are also being paid for website design, coding work, community management, recruitment activities, marketing and also with important partners to increase adoption.

If you follow their slack you know that Poramin is full time working hard to implement MTP and improve Zcoin and I'm in almost daily contact with Gary and Poramin.