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Topic: [ANN] ZUMY | PoW MINING | Masternode | No ICO | Fair Launch | - page 6. (Read 27715 times)

full member
Activity: 445
Merit: 100
Hi Dev,

Can you explain why there has been a mining going on without you launching the wallet. you are talking about the decentralized coin then what is that A SCAM OR WHAT. LYING FROM THE START WHEN MINING HAS NOT STARTED.



Address                                                   Shares   Efficiency   Hashrate
ZRkAgYvoiguUmpwrQEwZVcuKvuafrtmUuR   12801.76   100%   103.81 KH/s
copper member
Activity: 60
Merit: 0
Today is release day!

as we wanted our wallets to be our on the block where the rewards begin at 1.6 ZMY. This was at the 1802 Block, it was meant to hit around 6PM GMT. We calculated and recalculated at the 200 and 500 blocks too.
The difficuly target time was just under the target of 128 that Zumy has.

Anyway - in short as the rewards have changed we MUST allow everyone to be able to mine and use Zumy as the PoW has begun

Here are the links:

Wallet's : https://github.com/zumy/zumycoin/releases

Miners:
https://github.com/zumy/cpuminer/releases

Mining Pools:

https://zumy.netlify.com/ - our pool.zumy.co is updating it's DNS. This is just temp - as a few more pools have been added.

We're very sorry for releasing sligthly earlier than the estimated launch time - however we didn't want anyone to miss out at all! We've placed announcements everyone on our social media platforms


Any issues please do DM us.
copper member
Activity: 60
Merit: 0
Why there is no wallet and download links are dead .?  Huh


Wallets come out at 6PM GMT today - as part of our fair release. That's when your GitHub Release links will start working.

The block reward changes at 1800 block , we planed and calculated this on purpose if you do the maths yourself you'll see how 1800 was aimed at 6PM, using the 128 second retarget time.
 
newbie
Activity: 23
Merit: 1
Why there is no wallet and download links are dead .?  Huh
newbie
Activity: 10
Merit: 0
newbie
Activity: 6
Merit: 0
ZUMY POOL
 
https://nosuchpool.cloud

Code:
 -a argon2d250 -o stratum+tcp://nosuchpool.cloud:4235 -u  -p c=ZMY 

0,3% fee

No registration required


WALLET ?
copper member
Activity: 60
Merit: 0
https://bitcointalksearch.org/topic/m.42257248
Why you've done this meaningless post? Just to have big acc registration time?


lol no - That was me first playing around with bitcointalk. I actually paid for copper membership - as you can see
<--

So not for account registration!
newbie
Activity: 16
Merit: 1
ZUMY Has been added to icemining.ca  Cool

Code:
cpuminer -a argon2d250 -o stratum+tcp://stratum.icemining.ca:4250 -u wallet -p c=ZMY

Discord: https://discord.gg/2uz9B8Y
Website: https://icemining.ca

GL to the team for tomorrow's launch!
newbie
Activity: 62
Merit: 0
sr. member
Activity: 433
Merit: 250
https://bitcointalksearch.org/topic/m.42257248
Why you've done this meaningless post? Just to have big acc registration time?
copper member
Activity: 60
Merit: 0
The difficulty retarget is all over the place. Luckily that's why we had placed in a testing phase - this allowed us during the developer exclusive, to finally check for any bugs. The difficult was causing an issue - which resulted in miners not mining as blocks being stuck for long periods of time. We're restarting that chain and hope to be in operation asap.  This is why we didn't release any miner or binaries for the public to allow the developers to test again once more. The launch will hopefully still be going ahead on the 1.1.19. Will keep you updated

Now, I get the reason why I was getting too many rejects. I stopped mining and maybe I'll just wait for the new chain. But the mining pools, are they getting coins?  Huh

Yeah glad we noticed on time - before launch. That's why we have the BETA period Cheesy It's all fixed now
member
Activity: 1092
Merit: 67
The difficulty retarget is all over the place. Luckily that's why we had placed in a testing phase - this allowed us during the developer exclusive, to finally check for any bugs. The difficult was causing an issue - which resulted in miners not mining as blocks being stuck for long periods of time. We're restarting that chain and hope to be in operation asap.  This is why we didn't release any miner or binaries for the public to allow the developers to test again once more. The launch will hopefully still be going ahead on the 1.1.19. Will keep you updated

Now, I get the reason why I was getting too many rejects. I stopped mining and maybe I'll just wait for the new chain. But the mining pools, are they getting coins?  Huh
copper member
Activity: 60
Merit: 0
ZUMY POOL
 
https://nosuchpool.cloud

Code:
 -a argon2d250 -o stratum+tcp://nosuchpool.cloud:4235 -u  -p c=ZMY 

0,3% fee

No registration required
Nice one! Thank you nosuchpool has been very co operative with us
newbie
Activity: 89
Merit: 0
ZUMY POOL
 
https://nosuchpool.cloud

Code:
 -a argon2d250 -o stratum+tcp://nosuchpool.cloud:4235 -u  -p c=ZMY 

0,3% fee

No registration required
copper member
Activity: 60
Merit: 0
The difficulty retarget is all over the place. Luckily that's why we had placed in a testing phase - this allowed us during the developer exclusive, to finally check for any bugs. The difficult was causing an issue - which resulted in miners not mining as blocks being stuck for long periods of time. We're restarting that chain and hope to be in operation asap.  This is why we didn't release any miner or binaries for the public to allow the developers to test again once more. The launch will hopefully still be going ahead on the 1.1.19. Will keep you updated
hero member
Activity: 2730
Merit: 588
How large is the premine of this "fair launch"?

Isn't a fair launch no premine, no ICO, and no founders reward?

Premine != Fair Launch


Our premine is 640,000 ZMY. The reason this is a fair launch as there will be an equal oppurtunity for all to have a set date ready for their miners. No masternodes on the network, hencing it's free game for all to join zumy and have enough time to do so. I see what you mean 100%, this  is what we meant by fair launch

Where is the source code dev? You said 12/28 for the github source. Since there are mining pools that are up already, means they have your source code already. Where is the link please? Thanks. And how much percentage of your premine versus your total supply?


Mining Pools across the forums are actives, the GitHub is now public for all :

https://github.com/zumy/zumycoin/

Our Premine is 5%. Details for the exact use is found on our whitepaper. Including how much the development team get aswell


If you're planning to have an internal exchange, I suggest make your site secure in the future.
Also, the allotted coins for exchange listing is about 30% of your premine.

That's a lot coming from your initial funds. Maybe, focus in one decent exchange and once your platform is already operational, then you can think of another one.
If your platform is not gaining attention from the community, sometimes it is useless to list it in several exchanges as the price will just decline so fast.
Better fast track your developments to aid in making your coins valuable in the market.




I couldn't agree more with you. The 30% yes is a large chunk of the premine being spent on exchanges - the sad fact is exchanges ask for huge fees. We're already in talks with a few large exchanges and are trying our best to have at least a large volume exchange out for the launch 1.1.19. For our launch we only need at least one exchange due to the fact we haven't started our roadmap and development. Once this begins after launch - we can add more exchanges as at that point hopefully people would recognise the value of the coin; which is decided by the community.

Our own exchange wise - yes we'll have a secure site. Our SSL for Zumy.co - has went off randomly trying to fix that now.

The premine is there to allow us and the community to have chances ot advance forward - we're looking at trying to get large exchanges on board.

So when you launch this in few days time, you are aiming to have listed it in one exchange at the same time?
Am I understanding right here?
I thought it will be after as you are releasing the wallets on that date. But that would excite miners out there as they can trade their coins earlier.
copper member
Activity: 60
Merit: 0
How large is the premine of this "fair launch"?

Isn't a fair launch no premine, no ICO, and no founders reward?

Premine != Fair Launch


Our premine is 640,000 ZMY. The reason this is a fair launch as there will be an equal oppurtunity for all to have a set date ready for their miners. No masternodes on the network, hencing it's free game for all to join zumy and have enough time to do so. I see what you mean 100%, this  is what we meant by fair launch

Where is the source code dev? You said 12/28 for the github source. Since there are mining pools that are up already, means they have your source code already. Where is the link please? Thanks. And how much percentage of your premine versus your total supply?


Mining Pools across the forums are actives, the GitHub is now public for all :

https://github.com/zumy/zumycoin/

Our Premine is 5%. Details for the exact use is found on our whitepaper. Including how much the development team get aswell


If you're planning to have an internal exchange, I suggest make your site secure in the future.
Also, the allotted coins for exchange listing is about 30% of your premine.

That's a lot coming from your initial funds. Maybe, focus in one decent exchange and once your platform is already operational, then you can think of another one.
If your platform is not gaining attention from the community, sometimes it is useless to list it in several exchanges as the price will just decline so fast.
Better fast track your developments to aid in making your coins valuable in the market.




I couldn't agree more with you. The 30% yes is a large chunk of the premine being spent on exchanges - the sad fact is exchanges ask for huge fees. We're already in talks with a few large exchanges and are trying our best to have at least a large volume exchange out for the launch 1.1.19. For our launch we only need at least one exchange due to the fact we haven't started our roadmap and development. Once this begins after launch - we can add more exchanges as at that point hopefully people would recognise the value of the coin; which is decided by the community.

Our own exchange wise - yes we'll have a secure site. Our SSL for Zumy.co - has went off randomly trying to fix that now.

The premine is there to allow us and the community to have chances ot advance forward - we're looking at trying to get large exchanges on board.
copper member
Activity: 60
Merit: 0
This project lacks info, but I'm still gonna give it a shot at mining it at the very start.


I would reccomend you and urge you to read our whitepaper please! and if you're still confused contact us directly on our Twitter Discord and Telegram
copper member
Activity: 60
Merit: 0
Interesting project! I would like to ask what is the minimum hardware requirements for the CPU to mine the ZUMY coins?

There are no Minimum requires as such to mine. All you'd need is to be able to run a CPU miner as such

https://github.com/zumy/cpuminer/
copper member
Activity: 60
Merit: 0
In this ecosystem of Zumy there will also be an exchange? And if have the exchange, what will be the exchange rates? Will it only be mined with CPU?

Yes there will be an exchange integrated within our ecosystem. More information on the exhcange will be out nearer to the launch of it - it deserves it's own whitepaper as well Cheesy. Rates, fees etc will all be discussed closer to launch of the exchange.
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