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Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 383. (Read 663307 times)

hero member
Activity: 570
Merit: 500

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.
legendary
Activity: 1274
Merit: 1000
Where my sellers at?  Cheesy
full member
Activity: 210
Merit: 100
Zcoin ( https://zcoin.tech )

In Bitcoin, all transactions are broadcasted on a public ledger. Research has shown that external information, such as publicly announced addresses, can be used to link individual identities and organizations to transactions. Furthermore, the same type of mechanism used to break privacy in social networks, such as the analysis of social network topology, can be used to break privacy in the Bitcoin network.

Zcoin ( https://zcoin.tech ) guarantees complete financial privacy through the Zerocoin Protocol. The Zerocoin Protocol ( http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf ) uses Zero-Knowledge proofs to ensure zero leakage of information about senders and recipients of financial transactions.

A zero-knowledge proof is a method in which one person can prove to another person that a given statement is true, without conveying any information apart from the fact that the statement is indeed true.

Zcoin uses zero-knowledge proofs by making a zero-knowledge cryptographic statement. When someone is sent Zerocoin, the person only knows that X amount of money was sent to their wallet. Unlike Bitcoin and all previous cryptocurrencies, there is no other unintended identifying information about the sender and receiver, or any attached transaction history. With Zerocoin, transactional history is completely removed.

Zcoin is different from Zcash. Zcoin uses the much more secure cryptographic schemes of the Zerocoin Protocol, which was one of the most cited cryptography papers in the past 3 years. Zcoin also has magnitudes faster sending times for private transactions. For a more detailed description of differences, please see here: http://blog.zcoin.tech/zcoin-and-zcash/

Hi, do you need portuguese translation?
legendary
Activity: 1274
Merit: 1000


Zerocoin protocol is a holy grail of anon... Both zcoin and zcash are better than XMR.  

We are doing well guys!  Butthurt monero trolls showing up Cheesy Enjoying the aftermath of the exit pump much?

Better how? Pretty much everyone agrees xmr is a better choice for many reasons. Please specify some reasons rather than just using "holy grail" expression as your evidence. Please specify how I am a troll rather than someone who simply knows both technologies and xmr is clearly superior. This is old subject why zcash and zcoin can't possibly succeed or be trusted.

http://weuse.cash/2016/06/09/btc-xmr-zcash/

https://blog.okturtles.com/2016/09/how-to-compromise-zcash-and-take-over-the-world/

http://www.bitcoinplus.org/content/monero-v-zcash

There are tons of sources for zcash/zcoin issues. No one in the right mind would use a trusted set-up AND anonymity - it's a perfect set up for a scam that all z crypto could be, no one can know if they are - that's the problem. xmr has min of 3 mixins now, ringct, i2p, there is not a single not anonymous thing about it and yet does not require trusted set up and open for examination that no exploits have been found at same time. Since zerocoin shows amount sent, it's effectively about as anonymous as dash. It's a joke.

Your turn.

Typical Monero troll.  Sockpuppet account and hijacking threads.  Your articles are about zerocash protocol, not zerocoin protocol.  Step your game up.
YIz
hero member
Activity: 686
Merit: 502
If I choose to mint the coins in the Zerocoin tab it means I will receive more coins by participating in PoS?
legendary
Activity: 1246
Merit: 1000


There are tons of sources for zcash/zcoin issues. No one in the right mind would use a trusted set-up AND anonymity - it's a perfect set up for a scam that all z crypto could be, no one can know if they are - that's the problem. xmr has min of 3 mixins now, ringct, i2p, there is not a single not anonymous thing about it and yet does not require trusted set up and open for examination that no exploits have been found at same time. Since zerocoin shows amount sent, it's effectively about as anonymous as dash. It's a joke.

Your turn.

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.
legendary
Activity: 2688
Merit: 1240
I'm wondering if there are GPU miners already available...

I guess only the Suprnova owner can tell for sure..  Grin

OC, if that is not a secret, could you please tell if you see any workers with big hashrate coming from a single IP?

Suprnova GUI is extremely slow btw. Servers seem to be overloaded... Pool.mn is ok though.

I don't see anything suspicious to a gpu miner yet.

I'm working on some load balancing but the server is indeed a bit crowded at the moment, should be better soon

Load is fixed - server is fine
hero member
Activity: 570
Merit: 500


Zerocoin protocol is a holy grail of anon... Both zcoin and zcash are better than XMR.  

We are doing well guys!  Butthurt monero trolls showing up Cheesy Enjoying the aftermath of the exit pump much?

Better how? Pretty much everyone agrees xmr is a better choice for many reasons. Please specify some reasons rather than just using "holy grail" expression as your evidence. Please specify how I am a troll rather than someone who simply knows both technologies and xmr is clearly superior. This is old subject why zcash and zcoin can't possibly succeed or be trusted.

http://weuse.cash/2016/06/09/btc-xmr-zcash/

https://blog.okturtles.com/2016/09/how-to-compromise-zcash-and-take-over-the-world/

http://www.bitcoinplus.org/content/monero-v-zcash

There are tons of sources for zcash/zcoin issues. No one in the right mind would use a trusted set-up AND anonymity - it's a perfect set up for a scam that all z crypto could be, no one can know if they are - that's the problem. xmr has min of 3 mixins now, ringct, i2p, there is not a single not anonymous thing about it and yet does not require trusted set up and open for examination that no exploits have been found at same time. Since zerocoin shows amount sent, it's effectively about as anonymous as dash. It's a joke.

Your turn.
legendary
Activity: 2576
Merit: 1073
I'm wondering if there are GPU miners already available...

I guess only the Suprnova owner can tell for sure..  Grin

OC, if that is not a secret, could you please tell if you see any workers with big hashrate coming from a single IP?

Suprnova GUI is extremely slow btw. Servers seem to be overloaded... Pool.mn is ok though.
legendary
Activity: 3136
Merit: 1116
Thanks. Can you answer my earlier question as well:

I've heard that multisig transactions are impossible using the zero knowledge proofs of either zcash or zcoin, and this will significantly affect the privacy of both (if everyone uses the "clearnet" token, then who cares if there is an anonymous sub-token), since, monero for instance will soon allow ringsig multisig after ringct is implemented. Is this true? Multisig impossible with zcash or zcoin anon tokens?

This seems quite important, since at the moment private currency seems to equate with DNMs, and while I think most still use escrow, the ideal is that people would use multisig. If private multisig txs are impossible with zerocoin or zerocash, doesn't this hamper their utility quite a bit?

Multisig transactions actually are possible with Zerocoin.

Do you have a source or link about this?
sr. member
Activity: 336
Merit: 250
Compiled and mining on linux. Great coin.

I think its a okay coin but I do not know what is gonna happen with itself and the market itself.
I hope it will grow a bit more than it is right now.
sr. member
Activity: 504
Merit: 250
Oh look, it's "Zcash scamcousin". Just give it up.
member
Activity: 160
Merit: 10
im trying to solo mine with the guy wallet. have it for 24h with setgenerate true 2 and gethashratepersec = 20.

nothing appears on my balance. am I doing something wrong? should I manually run the daemon or something?

You have practically no chance to find a block on a single PC with that hashrate. Better mine at one of the pools.

Better to buy. probably price is very low now
legendary
Activity: 2576
Merit: 1073
im trying to solo mine with the guy wallet. have it for 24h with setgenerate true 2 and gethashratepersec = 20.

nothing appears on my balance. am I doing something wrong? should I manually run the daemon or something?

You have practically no chance to find a block on a single PC with that hashrate. Better mine at one of the pools.
member
Activity: 160
Merit: 10
Compiled and mining on linux. Great coin.
hero member
Activity: 586
Merit: 501
im trying to solo mine with the guy wallet. have it for 24h with setgenerate true 2 and gethashratepersec = 20.

nothing appears on my balance. am I doing something wrong? should I manually run the daemon or something?
sr. member
Activity: 319
Merit: 250

Zcash is already doomed. Already several cloud mining that will get entire hash. If zcoin is hard to mine, zcash probabilty to mine are ZERO.


I look at it this way, at a 200k marketcap, this coin is a steal, if it even gets 1-3% of the marketcap Zerocash will this is very cheap.

Dude, yes.  Someone gets it! This is an easy 10x plus.  Super cheap ATM.

Agree. Potentially 10x here.
Zcash should be quoted 13 usd at launch. Zcoin could reach same price or range 10-11 usd
legendary
Activity: 1274
Merit: 1000

Zcash is already doomed. Already several cloud mining that will get entire hash. If zcoin is hard to mine, zcash probabilty to mine are ZERO.


I look at it this way, at a 200k marketcap, this coin is a steal, if it even gets 1-3% of the marketcap Zerocash will this is very cheap.

Dude, yes.  Someone gets it! This is an easy 10x plus.  Super cheap ATM.
legendary
Activity: 1246
Merit: 1000

Zcash is already doomed. Already several cloud mining that will get entire hash. If zcoin is hard to mine, zcash probabilty to mine are ZERO.


I look at it this way, at a 200k marketcap, this coin is a steal, if it even gets 1-3% of the marketcap Zerocash will this is very cheap.
legendary
Activity: 1274
Merit: 1000
zerocoin protocol is not holy grail for anonimity. no one wants it because it depends on a trusted party. this one also fails in that it shows how much money is being sent with supposedly positive side that you can check if someone created infinite money via bug, which you can't do with zcash. However, showing how much is sent is effectively breaking anonymity by letting you scan for money signatures, the trusted central party (and founders reward) are huge red flags which make zcash and zcoin completely horrific for anonimity. I don't see how this is better than Monero - requires no trusted setup, no founders reward, no central party, no money displayed, a way to check if system was compromised as a whole, one of the most tested anonimity tech now with zero compromises. there is nothing not anonymous about Monero with i2p and RingCT already on test net. zcash and zcoin is nothing but people trying to capitalize on the success of the best anonymous crypto sadly, as can be evidenced by "founders reward"

Zerocoin protocol is a holy grail of anon... Both zcoin and zcash are better than XMR. 

We are doing well guys!  Butthurt monero trolls showing up Cheesy Enjoying the aftermath of the exit pump much?
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