Topic: [ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax - page 283. (Read 343715 times)

Thanks for the support. I received your donation. Soon the work on the site will boil.

Is it just me or is it hard to donate to someone unknown? Perhaps they will just run away, never finish the project. No idea.. the BTCZ has arrived. Lets see what choice you make.

-hellomoto

I really like this coin and community, so I decided to register and offer to contribute.
I suggest correcting the design of the site, and I need your help.
I chose the design http://fidex.com.ua/monster/kanter/demos/index-canvas.html
and it costs $ 64.
Therefore, who also wants to support the change of the site, donations can be sent here:

BTCZ:   t1PiMK7MKy4M2btFZpLNCqe6JQyYkjtz2J5

I guess you expected completely opposite reaction on your name
but honestly, that's not the best way to promote your project

No problem with BitcoinZ name. Catchy.

About illusion of activity and interest. Not needed. I post here everyday something.

Do some projects pay people to post in threads or create accounts to post in threads to give the illusion of activity and interest?

Anyway, thirding that the name including "Bitcoin" is not going to do this coin any favours in the long run. Renaming and rebranding in a month or two will be a good thing.

Nice

how many btcz you need to start mining ?

Please not force anyone for donation. Such behavior maybe treated as rude. Ask yourself how you can help - trade / mine / help dev teams / promote BitcoinZ

Update on decentralized development as we have a lot of questions.

bitcoinz-pod/bitcoinz Linux client policy is strict:
- protect investors, core blockchain and history (immutability). All holders are protected. If you run current software in many years you should be able to transfer your coins.
- add frequent checkpoints to prevent history change attacks
- follow zcash changes to include latest updates / security fixes. New version of zcash may be merged after some time when it will be stable live in production environment. Security fixes should be merged as soon as possible.
- no changes are planned to mislead investors, pool operators and exchanges like changes in coin name / ticker / address convention / reward algorithm
- no algorithm change: always POW. No master nodes, no secure nodes, no POS. We are ASIC resistant but in the feature algo may change to protect this concept.
- bitcoinz has stable zcash core and all should agree to current stage. We have the best stable anonymous technology in the market and ASIC resistant algorithm.
- any voting system may suggest changes and not force any changes
- each development pod is independent and has its own leaders

Alternative clients which are compatible with current blockchain are welcome, but they should convince community to use their  clients.
Windows client is example if alternative implementation. It is not based on latest zcash version. We need help to update windows version to latest stable zcash. It is compatible with current blockchain.
Other forks / team / pods may include masternodes feature as it not break blockchain consensus rule but in this case you should convince some pool / miners to switch to your client which will have less reward for miners.

Sensitive data programs like wallets should provide free open source code and sha256 to their releases to be able to review their wallets by other teams / pods. It not recommended to use any wallet which hasn't been reviewed by other team. Software without any confirmations should be treated as red flag and not used.

The most  secure software is included in bitcoinz-pod/bitcoinz linux client.

Hi,
Interesting project!
I closely read all of this thread and it looks very professional team!

Good luck

I like that the coin will be fully decentralized and will have voting system to decide the road of the chain. As mentioned on some of the previous posts, i also hate that has "bitcoin" on it's name.  I hope total re-brand and some marketing investments will be done in future with the donations.
Will keep mine it for now.

Hello Dev

Good luck for your project .

Closely watching the progress !!! Cheers

Awesome! Thanks a lot for the detailed reply. Appreciate you taking the time.

Let's see what will come of it. As long as we can mend))))

great news
still mining btcz

Posted By Realhellomoto,

BitcoinZ is a bitcoin compatible cryptocurrency = its based off bitcoin which zcash is based off, and its compatible with many things like all the remote procedure calls (RPC) to the coinbase daemon (zcashd) and deterministic wallets, its a bit different if you go technical as it has 22 byte addresses instead of 21 bytes. The address starts with t1, which perhaps someone could disagree with and say it would be better to change it to b2, and that could be Proposed and voted on etc.

Additionally, it enables the portability and compatibility with BitcoinZ and other cryptocurrency blockchains. = It refers to the line above it which is talking about BitcoinZ can be mined with only GPU and shares similarities with other cryptocurrency blockchains.

To be frank and honest and to answer the question of WHY IS THIS DIFFERENT?! = Its yet to be seen, but it has been told. Bitcoin, and most to all crypto currencies have a dev team, and a corporation like setup with managers etc and they pay the employees and the coin is ran in this fashion. The DIFFERENCE is that BitcoinZ is completely decentralized. Which makes it much different than many coins/tokens/chains. Do not be surprised if we see many websites and no centralized website.

Maybe we can find out what it is by knowing what it is not?

1. It it not made for a certain purpose like 'selling gaming tokens'.
2. It does not have a developers fee.


What does it have?

1. It swaps a unit of value backed by Proof of Work, the miners work. All that energy that took place to mine the block.
2. Decentralization, no one monarchy which controls the coin and makes the decisions. Looking at the roadmap we can see that there will be a system implemented for proposal voting and thats going to give direction to the chain. In this proposal system it perhaps will have how donated funds will be managed; as donations in BTCZ are already flowing in.
3. An active community.

What secret weapon does this coin have? For example z_address isn't new. Wallets for all platforms isn't new.

None of it is new, but the secret weapon is how it will be implemented. We have yet to see this.
I know that I and some other developers are working on making it possible to exchange BTCZ to all other top altcoins directly from the wallet by inputting the address or scanning a QR code of other currencies. Now this is some work. Its not a secret weapon, because you could login to an exchange, deposit, sell and withdrawal. But in this way it will all be automatic and user friendly. I believe that most people want crypto to be safe, fun, mine-able, and easy to use. The real direction I believe is for new comers to crypto because there will be a huge wave in the coming years and BitcoinZ is paving the path. As Bitcoin is being ripped down by new forks. BitcoinZ will build up a decentralized coin, free of all the entities that Bitcoin made itself hostage of. When you think of BitcoinZ think of 'decentralized' but REALLY decentralized. Make sure its decentralized. Its not 'decentralized' because someone said it was decentralized. Make sure that the development is coming from many groups in many nations, independent of each other but united on working together on the BitcoinZ blockchain.

-hellomoto
[/quote] Great read and informative,thanks for taking the time to explain BitcoinZ vision.

yeh I am having similar problems with sending bitcoin from Nano S to exchange,over 24 hours unconfirmed which really is a problem when trying to trade,Bitcoin is good as a way of storing value but in its current form is useless at anything else.

CMC seems add BTCZ on their list :

https://coinmarketcap.com/currencies/bitcoinz/#markets

I'm torn in regards to this coin. I mined a few hundred thousand but am reluctant to continue. I really hate the fact that "Bitcoin" is part of the name. That in itself will turn down many investors. We'll see I guess. I'll hold what I got and keep an eye on the coin. Community seems to be active. Will give it some time.

I just waited 32 hours this weekend trying to transfer some BTC. I used the maximum fees option possible from my nano ledger s, but still. Bitcoin is great as the gold standard, but can't handle mass adoption and high transfer volume.

At its peak there were over 50,000 unconfirmed transactions yesterday.

https://medium.com/@jonaldfyookball/why-does-bitcoin-have-ridiculously-high-fees-and-slow-confirmations-e3fd58258a6d