[ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 323.

solid12345

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Quote from: adhitthana on October 31, 2016, 10:00:38 PM

2. This is a new coin, and really untested, but the market cap of all 21 million coins is $50 M
No wonder the sellers are crushing the price.

Does anyone really think this coin is cheap?

Well if we're going to calculate present marketcaps based on coin supply years down the road then how do we calculate Monero with its infinite supply?

poptartcat

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Quote from: adhitthana on October 31, 2016, 10:29:43 PM

As an example we could compare to Monero (to pick another privacy style coin),

Monero's marketcap based on all 18 million coins would be around $90m

Zcoins marketcap based on all 21M coins would be around $50M.

But XZC is a new untested coin with loads of coins being issued each day it appears and dumped.

A couple of days a ago there was 264,000 coins. Todays there is 285,000 coins

Yea, you have to expect inflation is going to bring the price way down, since it currently has zero use cases. At least Monero has xmr.to, some dnm usage, and some gambling sites and stuff. Zcoin (or zcash for that matter) has...trollbox speculation.

adhitthana

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As an example we could compare to Monero (to pick another privacy style coin),

Monero's marketcap based on all 18 million coins would be around $90m

Zcoins marketcap based on all 21M coins would be around $50M.

But XZC is a new untested coin with loads of coins being issued each day it appears and dumped.

A couple of days a ago there was 264,000 coins. Todays there is 285,000 coins

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: hendrix2222 on October 31, 2016, 09:56:09 AM

Price it a all time low! Excellent time to buy with the upcoming updates. Grin

I don't see a reason to buy.

1. We don't know how many coins were given out in bounties. We don't know how many are going to be sold.

2. This is a new coin, and really untested, but the market cap of all 21 million coins is $50 M
No wonder the sellers are crushing the price.

Does anyone really think this coin is cheap?

The coin appears to look cheap because so few coins have been released. According to coinmarketcap $60,000 worth of coins traded in the last 24 hours. the entire marketcap of presently released coins is around $700,000.

This appears to show that a large percentage (as compared to other coins) of available coins are being sold

str4wm4n

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Quote from: hendrix2222 on October 31, 2016, 09:56:09 AM

Price it a all time low! Excellent time to buy with the upcoming updates. Grin

which updates?

hendrix2222

newbie

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Price it a all time low! Excellent time to buy with the upcoming updates. Grin

tokyopotato

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Quote from: zcoinofficial on October 31, 2016, 06:49:57 AM

Hi all, the original post has been updated with more information. Will continue to update this but the roadmap and some common questions on Zcash vs Zcoin are all there now.

This link is broken in the OP

4-5 months
Implement =https://arxiv.org/pdf/1606.03588v1.pdfMTP: Merkle-tree based Proof-of-Work

zcoinofficial

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Firo (FIRO)

Hi all, the original post has been updated with more information. Will continue to update this but the roadmap and some common questions on Zcash vs Zcoin are all there now.

tokyopotato

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

-----------------------------------------------------

Fixed reindex and implemented MTP ( 4 - 5 months )

Reindex Issue - Done

Implement MTP: Merkle-tree based Proof-of-Work

Paper: https://arxiv.org/pdf/1606.03588v1.pdf

We believe MTP is the way to prevent botnets from mining while allowing normal legitimate CPUs to perform proof of work. On the verification end, it will take less time to process compared with finding proof. It is better than Equihash in term of verification speed following the below table, excerpt from https://www.usenix.org/system/files/conference/usenixsecurity16/sec16_paper_biryukov.pdf

Update Code Base to Bitcoin Core Latest Version 1 - 2 months

Implementing TOR and i2p on wallet clients 1 - 2 months

Further performance improvements to Zerocoin 2 - 4 months

Currently, our implementation doesn't do parallel verification on Zerocoin spend transactions. Once implemented, Zerocoin spend transactions can be sped up and there can be more than one spending transaction per block.

Implementing trustless setup in Zerocoin Protocol 6 - 12 months

Based on an academic paper, it may be possible to implement the Zerocoin protocol without a trusted setup phase. We will do further research into this, and will implement it if it is possible.

Distributed Market - If no darkmarkets accept ZCoin at that time 6 - 12 months

tomsmith26

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Activity: 1148

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Quote from: cebb on October 30, 2016, 08:15:15 PM

All the noobs are buying ZEC and all pros are accummulating XZC.

yep, that's correct

Vin

legendary

Activity: 1166

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Quote from: cebb on October 30, 2016, 08:15:15 PM

All the noobs are buying ZEC and all pros are accummulating XZC.

Why?

Do you have some reason?

cebb

hero member

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All the noobs are buying ZEC and all pros are accummulating XZC.

Zer0Sum

legendary

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Quote from: Gandalf86 on October 30, 2016, 04:34:12 AM

Quote from: Xtar on October 30, 2016, 02:51:59 AM

Hehe, how many investors mistaken ZCoin and ZCash? -)

How could they? Two different names, two different things. I don't get the confusion between these two projects. That's like confusing Bitcoin and Litecoin, because both end on -coin? Huh

Because both are using the same blockchain mechanism? I don't get it. Zcoin and Zcash are two different technologies built around the same concept.

http://blog.zcoin.tech/zcoin-and-zcash/

It's really similar tech, but with very different tradeoffs.

I would be concerned that ZEC completely conceals tx quantity...
To the point were it's impossible to determine how much ZEC actually exists...
Creating a gaping, invisible security hole that instantly makes ZEC the odds-on favorite for "biggest hack in crypto history"...
"This situation... is far more serious than The DAO... ZEC code is several orders of magnitude larger and more complicated".

Get rich quick groups never learn... or, rather, just care about the launch.

Because XZC does not conceal tx quantity, potential exploits and bugs are crypto garden variety...
So until ZEC slides to 0.1 BTC or so... XZC is the only game in town

Tbone123

full member

Activity: 174

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Quote from: ocminer on October 30, 2016, 03:33:56 PM

Quote from: giagge on October 30, 2016, 03:05:30 PM

The best pool for zcoin , i know only suprnova , but is offline now .

Back online, there was an attack against the stratum

when I startup my AWS instances they use to work fine, now I get this error.

"Starting Stratum on stratum+tcp://xzc.suprnova.cc:5595
Illegal instruction (core dumped)"

Do you think it is related to that stratum attack you spoke of or just some corruption on my end?

ocminer

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Activity: 2702

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Quote from: giagge on October 30, 2016, 03:05:30 PM

The best pool for zcoin , i know only suprnova , but is offline now .

Back online, there was an attack against the stratum

giagge

legendary

Activity: 1134

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The best pool for zcoin , i know only suprnova , but is offline now .

vlight

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Zcoin has larger marketcap than Zcash Cheesy

tomsmith26

hero member

Activity: 1148

Merit: 512

I have bought many xzc coins when it is under 0.005btc . it will bring me back big profits after next weeks.
say no with zec. why do we buy zec with very high price although they are the same same technology

traspy

sr. member

Activity: 319

Merit: 250

Zcash dev admitted there is a major bug in wallet. Anon tx require such a lot gb ram.
Crazy!

ZCOIN IS MUCH BETTER!!!!!

Gandalf86

hero member

Activity: 1330

Merit: 515

Coin Mage

Quote from: Xtar on October 30, 2016, 02:51:59 AM

Hehe, how many investors mistaken ZCoin and ZCash? -)

How could they? Two different names, two different things. I don't get the confusion between these two projects. That's like confusing Bitcoin and Litecoin, because both end on -coin? Huh

Because both are using the same blockchain mechanism? I don't get it. Zcoin and Zcash are two different technologies built around the same concept.

Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 323. (Read 663504 times)