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Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 382. (Read 663312 times)

sr. member
Activity: 504
Merit: 250
Not sure what happened, but yesterday I put a few coins into Zerocoin and today I resynced the wallet and I only see the transactions I sent out but the coins are not appearing in Zerocoins so I can't spend them...

Why would you want to own any of these coins? It's a scammy altcoin who's only purpose is to fool people looking for zerocash.
YIz
hero member
Activity: 686
Merit: 502
Not sure what happened, but yesterday I put a few coins into Zerocoin and today I resynced the wallet and I only see the transactions I sent out but the coins are not appearing in Zerocoins so I can't spend them...
legendary
Activity: 1470
Merit: 1024
Its funny people compare xmr with zcash in this thread. So why are we all here in this obvious zcash fork that is trying to get a piece of zcash hype? Devs deleted my previous post and Im ready to open a new thread if you keep deleting my posts. Can you please tell me why do we need another fork of zcash when the actual one is about to release? What are you doing with your coins?
sr. member
Activity: 700
Merit: 250
Something is really wrong with the wallet, after closing it I had to sync the blockchain all over again. and do I earn something by minting my coins in the Zerocoin tab?

Looks like re-indexing from scratch is needed due to Zero knoweledge proof tech.
Maybe adding checkpoint will help in future.
YIz
hero member
Activity: 686
Merit: 502
Something is really wrong with the wallet, after closing it I had to sync the blockchain all over again. and do I earn something by minting my coins in the Zerocoin tab?
legendary
Activity: 2688
Merit: 1240
Been like this all day today




I had some DDoS in Suprnova today, but it's all fixed since about 4 hours now


EDIT: Ah I just found a bug, fixed !

Nice. Finally all fixed. Thanks

Yeah I had a timeout wrong, sorry, next time ping me directly if you see something like this and I'll look asap
legendary
Activity: 3808
Merit: 1723
Been like this all day today




I had some DDoS in Suprnova today, but it's all fixed since about 4 hours now


EDIT: Ah I just found a bug, fixed !

Nice. Finally all fixed. Thanks
legendary
Activity: 2688
Merit: 1240
Been like this all day today




I had some DDoS in Suprnova today, but it's all fixed since about 4 hours now


EDIT: Ah I just found a bug, fixed !
member
Activity: 160
Merit: 10
WOW so expensive now, it is good time to sell.   Grin

Dont sell now, this goes much higher.
Wenn we hit bittrex or polo, price goes x10 minimum.

Agree +1000%
When hit bittrex goes x10.

Don't sell. BUY NOW!!
sr. member
Activity: 476
Merit: 250
CurioInvest [IEO Live]
WOW so expensive now, it is good time to sell.   Grin

Dont sell now, this goes much higher.
Wenn we hit bittrex or polo, price goes x10 minimum from here.
legendary
Activity: 3808
Merit: 1723
Been like this all day today


member
Activity: 160
Merit: 10
WOW so expensive now, it is good time to sell.   Grin

XMR: 0.0117
XZC: 0.0035

Zcoin price will go higher than monero since it's better tech.
newbie
Activity: 11
Merit: 0
Here is a new pool on a very powerful server:

http://www.cpu-pool.com/xzc

Currently only 1% fee, please share some hash over.
legendary
Activity: 3248
Merit: 1070
the bot net is taking on this it seems, that's why cpu coin are bad, i'm waiting for the release of the gpu miner

zcoin was already forked from scrypt-n cause gpu asic farm were mining and community ask only cpu.
Now you ask go back to gpu to allow nicehash to point thousand MH on zcoin and let us small miner with only 10-15 gpu get peanuts?
No thanks.

sure better if a single guy with 1000 cpu take on this coin alone, with gpu even with a rig you will be able to make profit, this is already reachign unprofitable level with cpu
full member
Activity: 224
Merit: 100
WOW so expensive now, it is good time to sell.   Grin
sr. member
Activity: 352
Merit: 250
Thank you, it's good to have a link here. but I read the entire website before I posted here. Lets just wait until someone else answers.

Everything you desire is in the whitepaper.  Stop being lazy.  

From the website (that you supposedly already read):

"Bitcoin and preceding alternative cryptocurrencies have attempted to solve this problem through the use of transaction mixers or ring signatures. However, there are a number of drawbacks to these proposed solutions. For one, a malicious or compromised member of a mixer or ring signature can break privacy. Furthermore, the anonymity set is a key metric to understanding how private a cryptocurrency is. The anonymity set in formerly proposed solutions is limited by the size of the mixing cycle or ring signature. Each mixing cycle or ring signature is limited by the number of transactions per cycle, which is transitively limited by the the block size of the cryptocurrency. Thus, the anonymity set in previous attempts at privacy tends to only be a few hundred transactions.
You seem that you don't understand that there are not such problems in monero.
These problems arise, when we try to use the solutions inherent in monero to other (non cryptonote) coins, like bitcoin.
member
Activity: 105
Merit: 10
Nice comparison from a Monero cryptographer here https://www.reddit.com/r/Monero/comments/41vg68/monero_vs_zcash_eli5_fundamental_differences/cz63pqw that touches on the issue of anonymity set (and which may also be why I was under the impression that multisig using anon token in zcash or zcoin was not possible):

Quote
I've done a little bit of comparison in the Ring CT paper / you can also look here for some facts on zcash- there are a few I've seen so far
1 - Setup: Monero (Trustless) vs Zerocash (Must Trust zcash company)
2 - Proof Generation: Monero (100's /second ) vs Zcash (1/minute)
3 - Algorithm auditability: Monero (a decent number of people seem to understand ring signatures and confidential transactions) vs Zerocash (I'm not sure how many people actually understand the proofs besides the small group of authors) - although this point is certainly subjective.
4 - Poison-pill attack vulnerability: Monero (attacker would need 51%) vs Zerocash Vulnerable, (see zerocash extended paper section 6.4)
5 - Anonymity set: Monero (although the zcash proponents note that a ring signature is a "smaller" anonymity set, they usually don't mention that the stealth address factor actually means that each transaction is masked, whereas the ring signatures provide additional plausible deniability, furthermore, since keys appear in different ring signatures in different blocks in time, the anonymity set for when a given key is spent grows infinitely, and could eventually grow larger than the zcash anonymity set at any fixed instant in time) vs Zcash (anonymity set is the entire blockchain )
6 - Anonymous Multisig: Monero (yes! see "written up" link on ring ct sticky, this could make things like lightning potentially possible ) vs Zerocash (?)
7 - Mining: Monero (has it's own strongly decentralized mining process) vs Zerocash protocol from the paper lacks it's own mining (it's essentially just a distributed anonymous database), so there must be another coin which is mined to convert to zerocash tokens
--note that point 4. is an actual potential compromise of anonymity, which contradicts some of the statements the zerocash team has made.

One interesting point made in the same thread by a zcash engineer is that zcash and presumably zcoin are much more amenable to pruning than monero, so the storage requirement may be lower long term (but I don't think this would affect verification time).
legendary
Activity: 1274
Merit: 1000
Thank you, it's good to have a link here. but I read the entire website before I posted here. Lets just wait until someone else answers.

Everything you desire is in the whitepaper.  Stop being lazy.  

From the website (that you supposedly already read):

"Bitcoin and preceding alternative cryptocurrencies have attempted to solve this problem through the use of transaction mixers or ring signatures. However, there are a number of drawbacks to these proposed solutions. For one, a malicious or compromised member of a mixer or ring signature can break privacy. Furthermore, the anonymity set is a key metric to understanding how private a cryptocurrency is. The anonymity set in formerly proposed solutions is limited by the size of the mixing cycle or ring signature. Each mixing cycle or ring signature is limited by the number of transactions per cycle, which is transitively limited by the the block size of the cryptocurrency. Thus, the anonymity set in previous attempts at privacy tends to only be a few hundred transactions.

With Zcoin, the anonymity set is on a dramatically higher magnitude. Instead of having an anonymity set limited to the few hundreds, Zcoin has an anonymity set that encompasses all "minted coins" in the Zcoin system. The magnitude of the anonymity set is on the order of millions, rather than hundreds - it makes all previous alternative cryptocurrencies aimed at privacy obsolete."
hero member
Activity: 570
Merit: 500
Thank you, it's good to have a link here. but I read the entire website before I posted here. Lets just wait until someone else answers.
legendary
Activity: 1274
Merit: 1000

Typical Monero troll.  Sockpuppet account and hijacking threads.  Your articles are about zerocash protocol, not zerocoin protocol.  Step your game up.

I'm asking you how technology is better than a much more established technology. You're saying subjective stuff like fud and troll. This is my only account. I want to know if I should be interested in zcash and so far I haven't seen a single article that's accurate about competition that shows how it's better. How is it hijacking thread if I'm literally asking you about zcoin. Only reason I brought up zcash is it has some similarities in the trusted set-up which I still don't understand the necessity for. I don't care about xmr being overpumped too fast and falling in value, explain to me why I should buy zerocoin and how it's not just another coin, there are so many people asking these questions and no one seems to be able to answer them. If this was a bitcoin fork, I'd ask why is this better than bitcoin - it's a valid question and your short response lacks any details. I worry you're just an early buyer just trying to promote a coin for trading and not interested in privacy and security in general, so you don't matter, people who want to actually use and hold this tech matter.



I don't trust XMR because I don't trust fluffypony, smooth, generalizethis and the rest of their trolls who won the anon battle in the short term by basically belittling all kinds of people in this forum and invading/hijacking every thread even ones that are vaguely related to the anon debate to spread their gospel on why their coin is best and everything else is trash. I also don't trust in their programming ability because in 2 years they can't launch a simple GUI miner. I'm not a coder but I wasn't born yesterday either, if this is basic part of any crypto project is giving them a tough time then do you trust your life or security with them?

I kind of like how the devs of this coin spent the last year quietly working in the background rather than spreading propaganda.

If that's true, yeah, that's kind of mean spirited of them. However, every post I've seen was them criticizing security and privacy flaws, not people in general. And as the foremost experts in the field on privacy tech they are often very right, as demonstrated when they deanonimized shadowcash in a day after similarly people were calling their facts fud or trolling or whatever else people say to dismiss critique.

Critique is healthy and necessary if crypto revolving around privacy, security, and safety can succeed. Also p.s. they have never worked on a gui miner or gui wallet so that's why it's not done.

I'm interested in the best privacy coins, my questions are often asked so this would be place to answer them and help me see how I'm wrong.

http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf Whitepaper

http://monero.stackexchange.com/questions/1495/what-privacy-issues-did-monero-have-and-still-has Issues with Monero.
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