[ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 331.

solid12345

legendary

Activity: 1246

Merit: 1000

Quote from: cebb on October 24, 2016, 10:31:27 PM

The inflation is very different for fiat vs Zcoin.

For fiat 2% inflation in next year equates to inflation of 0.005% daily.

For ZEC, 1000% inflation in next year equates to 3% daily inflation rate.

Good luck with buying ZEC now and holding it long term.

It's all about supply and demand. I think most here wished they could have bought Bitcoin in the first few thousand blocks regardless of its inflation.

cebb

hero member

Activity: 545

Merit: 500

Quote from: Prima Primat on October 24, 2016, 09:14:57 PM

Quote from: cebb on October 24, 2016, 06:53:56 PM

Quote from: Prima Primat on October 24, 2016, 10:34:17 AM

Quote from: Piston Honda on October 24, 2016, 08:44:19 AM

nice price by LMAO ppl are WAY overpaying if buying in now sheesh.

Really? The first live, working, non-experimental cryptocurrency with Zerocoin transactions. Supported by Roger Ver. Currently under $1 million market cap. Yeah, way overpriced. Grin

Currently under 1 million usd marketcap with 230K coins in circulation.

At the same price of XZC its marketcap will be 12 millions after a year when there are more than 2.5 million XZC in circulation. and after 4 years if the price of XZC stays the same marketcap will be 50 millions.

So yeah not so cheap. If you know how hyperinflationary XZC is.

Right. But that's not how supply and demand work. In fiat money, future inflation of monetary supply also doesn't affect current prices. Otherwise you could take that argument and run with it and claim that prices should be 7x what they are now, because in 100 years at 2% inflation there will be over 7x as much money.

The inflation is very different for fiat vs Zcoin.

For fiat 2% inflation in next year equates to inflation of 0.005% daily.

For ZEC, 1000% inflation in next year equates to 3% daily inflation rate.

Good luck with buying ZEC now and holding it long term.

bolehvpn

full member

Activity: 136

Merit: 100

So far it's CPU only but there are huge AWS instances running at the moment.

Potent

full member

Activity: 241

Merit: 100

Quote from: Prima Primat on October 23, 2016, 08:13:59 PM

Quote from: Potent on October 23, 2016, 06:19:25 PM

Quote from: ocminer on October 21, 2016, 12:09:40 PM

Quote from: Potent on October 21, 2016, 11:32:56 AM

Quote from: ocminer on October 21, 2016, 11:24:35 AM

Quote from: CryptoGore on October 21, 2016, 11:15:57 AM

Hi guys, just entered xzc mining, can someone point me out some reference hash power for i7 6700 CPU (Skylake)?

Also why i cannot connect to suprnova but on pool.mn is everything ok? Is suprnova having issues with stratum?

Another question: is it normal that i see 0 Hashes on my cpu miner while mining on pool.mn but on the pool dashboard i can see 0.14 in hashing power?
When i try to solo mine i see hashes per sec on the miner window...very strange.

Hmm which error do you get ? There were some DDoSes earlier but it's all good now.

Hi you haven't made a pool yet?
Anyone can explain how to mine?

Check https://xzc.suprnova.cc/index.php?page=gettingstarted

I downloaded and made a bat file with this command lines:

cpuminer.exe -a lyra2rev2 -o stratum+tcp://xzc.suprnova.cc:5595 -u xxx -p xxx

but get 0 kh/s.

Be aware that the Lyra2 POW algorithm currently used by Zcoin (subject to change!) gives very low hashrates. Can't expect more than 20-30 hashes per sec on a Core i7. And it will continue to decrease because block height is actually used as a parameter for the algo, so the more blocks there are, the more time it takes to produce a hash.

So "0.0 kh/s" means you're probably mining just fine (with less than 100 h/s, naturally).

Is this only cpu mining? someone is mining with 404 kh/s at suprnova that needs 4000 CPUs core i7. it is so ridiculous for me. he should be a huge company!

Prima Primat

member

Activity: 117

Merit: 10

Quote from: cebb on October 24, 2016, 06:53:56 PM

Quote from: Prima Primat on October 24, 2016, 10:34:17 AM

Quote from: Piston Honda on October 24, 2016, 08:44:19 AM

nice price by LMAO ppl are WAY overpaying if buying in now sheesh.

Really? The first live, working, non-experimental cryptocurrency with Zerocoin transactions. Supported by Roger Ver. Currently under $1 million market cap. Yeah, way overpriced. Grin

Currently under 1 million usd marketcap with 230K coins in circulation.

At the same price of XZC its marketcap will be 12 millions after a year when there are more than 2.5 million XZC in circulation. and after 4 years if the price of XZC stays the same marketcap will be 50 millions.

So yeah not so cheap. If you know how hyperinflationary XZC is.

Right. But that's not how supply and demand work. In fiat money, future inflation of monetary supply also doesn't affect current prices. Otherwise you could take that argument and run with it and claim that prices should be 7x what they are now, because in 100 years at 2% inflation there will be over 7x as much money.

cebb

hero member

Activity: 545

Merit: 500

Quote from: Prima Primat on October 24, 2016, 10:34:17 AM

Quote from: Piston Honda on October 24, 2016, 08:44:19 AM

nice price by LMAO ppl are WAY overpaying if buying in now sheesh.

Really? The first live, working, non-experimental cryptocurrency with Zerocoin transactions. Supported by Roger Ver. Currently under $1 million market cap. Yeah, way overpriced. Grin

Currently under 1 million usd marketcap with 230K coins in circulation.

At the same price of XZC its marketcap will be 12 millions after a year when there are more than 2.5 million XZC in circulation. and after 4 years if the price of XZC stays the same marketcap will be 50 millions.

So yeah not so cheap. If you know how hyperinflationary XZC is.

bensam1231

legendary

Activity: 1764

Merit: 1024

Quote from: Gash on October 24, 2016, 09:09:03 AM

Quote from: bensam1231 on October 24, 2016, 02:57:15 AM

Quote from: bolehvpn on October 24, 2016, 12:57:34 AM

Devs are currently exploring alternative algorithms instead of this Lyra one which was meant to be a placeholder.

Meanwhile the coin gets nommed by botnets... Yay!

Good devs, They could've just used Lyra2v2, but they had to be different. ~_~

This is typical misconception. And dont mix ur tuppenny node with loaded miner or cheepjack vpn subscription with what a median botnet is capable of doing.

Think what you want bro. Botnets have been on the crypto scene for years. Whole reason coins migrated away from things like Lyra2 and NeoS. If you don't think they exist, you're obviously new (more then likely a eth-baby).

For instance: https://www.zpool.ca/site/miners

Look at NeoS. This isn't the pools fault. Most the time you can't see what miner people are using, so it's normal to assume it's just GPU miners. There is a GPU miner for NeoS and it's not profitable to mine with a CPU from a electricity standpoint. Same thing for Cryptonote.

St.Stephan

sr. member

Activity: 281

Merit: 250

Quote from: Prima Primat on October 24, 2016, 10:34:17 AM

Quote from: Piston Honda on October 24, 2016, 08:44:19 AM

nice price by LMAO ppl are WAY overpaying if buying in now sheesh.

Really? The first live, working, non-experimental cryptocurrency with Zerocoin transactions. Supported by Roger Ver. Currently under $1 million market cap. Yeah, way overpriced. Grin

ZCoin and ZCash are both going to gain sizable market caps. With Komodo coming also, this whole area is going to be the forefront of crypto the next few months.

You cannot know in advance which horse will win. So it is good to have a stake in all three. JMHO.

solid12345

legendary

Activity: 1246

Merit: 1000

Quote from: logictense on October 24, 2016, 09:13:51 AM

Avoid trex, the least credibility they ever had has been amputated by irresistible greed.

There is absolutely nothing Trex has done that Polo hasn't done before themselves. I don't know where this image of Bittrex as a scam exchange and Polo as a white knight one came from to be honest.

Prima Primat

member

Activity: 117

Merit: 10

Quote from: Piston Honda on October 24, 2016, 08:44:19 AM

nice price by LMAO ppl are WAY overpaying if buying in now sheesh.

Really? The first live, working, non-experimental cryptocurrency with Zerocoin transactions. Supported by Roger Ver. Currently under $1 million market cap. Yeah, way overpriced. Grin

logictense

hero member

Activity: 2147

Merit: 518

Avoid trex, the least credibility they ever had has been amputated by irresistible greed.

Gash

full member

Activity: 658

Merit: 124

Quote from: bensam1231 on October 24, 2016, 02:57:15 AM

Quote from: bolehvpn on October 24, 2016, 12:57:34 AM

Devs are currently exploring alternative algorithms instead of this Lyra one which was meant to be a placeholder.

Meanwhile the coin gets nommed by botnets... Yay!

Good devs, They could've just used Lyra2v2, but they had to be different. ~_~

This is typical misconception. And dont mix ur tuppenny node with loaded miner or cheepjack vpn subscription with what a median botnet is capable of doing.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: jeremy grol on October 24, 2016, 07:54:59 AM

the biggest altcoin centralized is called BITCOIN th 90% of blocks solved by china's farm miners(660 usd value).

only mining, which is not everything, merchants are more important, that's why the centralization aspect of the bitcoin mining scene, count nothing, because there are merchants, here what you have?

a bunch of traders throwing money at each other, there is no real currency, besides speculation

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

nice price by LMAO ppl are WAY overpaying if buying in now sheesh.

jeremy grol

hero member

Activity: 882

Merit: 500

the biggest altcoin centralized is called BITCOIN th 90% of blocks solved by china's farm miners(660 usd value).

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: AizenSou on October 24, 2016, 06:47:13 AM

Quote from: bensam1231 on October 24, 2016, 02:57:15 AM

Quote from: bolehvpn on October 24, 2016, 12:57:34 AM

Devs are currently exploring alternative algorithms instead of this Lyra one which was meant to be a placeholder.

Meanwhile the coin gets nommed by botnets... Yay!

Good devs, They could've just used Lyra2v2, but they had to be different. ~_~

Botnets? Proof or u're just an ignorant fool.

Why people always screaming botnets when they saw big hashrates in CPU coins? I don't understand. They think everyone in crypto are like them, mining from home with daddy's computer??

it's true that you can easily rent amazon ec2(or what it is i don't remember i'm not using it) and overwhelm the net with hashrate coming from a single person, which is never good

but gpu world has also his own big farm that are bad nonetheless, but still better than cpu coin

logictense

hero member

Activity: 2147

Merit: 518

Are u getting richer by ur XZC trades, arent ya?

traspy

sr. member

Activity: 319

Merit: 250

Mainwhile price is fast going up.
Consider a huge price pump every da

AizenSou

hero member

Activity: 938

Merit: 1000

Quote from: bensam1231 on October 24, 2016, 02:57:15 AM

Quote from: bolehvpn on October 24, 2016, 12:57:34 AM

Devs are currently exploring alternative algorithms instead of this Lyra one which was meant to be a placeholder.

Meanwhile the coin gets nommed by botnets... Yay!

Good devs, They could've just used Lyra2v2, but they had to be different. ~_~

Botnets? Proof or u're just an ignorant fool.

Why people always screaming botnets when they saw big hashrates in CPU coins? I don't understand. They think everyone in crypto are like them, mining from home with daddy's computer??

bensam1231

legendary

Activity: 1764

Merit: 1024

Quote from: bolehvpn on October 24, 2016, 12:57:34 AM

Devs are currently exploring alternative algorithms instead of this Lyra one which was meant to be a placeholder.

Meanwhile the coin gets nommed by botnets... Yay!

Good devs, They could've just used Lyra2v2, but they had to be different. ~_~

Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 331. (Read 663307 times)