Topic: [ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax - page 88. (Read 343724 times)

@everyone COME AND MINE FOR COINOMI for 24 hours http://zcash.flypool.org/miners/t1ef9cxzpToGJcaSMXbTGRUDyrp76GfDLJG

bat file for zm miner zm --server eu1-zcash.flypool.org --port 3333 --user t1ef9cxzpToGJcaSMXbTGRUDyrp76GfDLJG.yournickname --pass x --time --logfile pause

https://bitcoinzcoin.slack.com/messages/C77B7UY80/convo/C77B7UY80-1508916948.000196/

So all we have to do  to earn 5000 coins is a video? That's easy, but who will make the transfer? I'm a programmer very happy to earn some coins and make them up. Anyone has earned? Would explain please?

I'm using the ZCL Windows Wallet 1.1.03 by BitcoinZ team.

BTW, what is your discord channel? Thanks.

I'm having an issue with my ZCL wallet not receiving payments. It's 100% synced and has 11 connections. I should have received my first payment from the pool I'm mining on today. Could someone give me some advice?

https://explorer.mybtczwallet.org/tx/3836f24c67ae268e4f4431653a8faf63dcca4a27fdbff390d383bdaa4d9d0233

Thanks in advance!

I really like the concept applied in this project. I think it's very easy for this project to succeed if the team works hard and listens to the participants' suggestions. then what are your plans for the future of this project?

Hello,
I'm trying to transfer btcz from my btcz wallet to stocks exchange and I get a "Error. Not enough confirmed BTCZ in account to perform transaction" I'm transferring 30k btcz.. can anyone help me or tell me what's going on? Btw thanks everyone who is helping the success of this coin you guy rock!! Wish I was more help but I'm not as smart as you guys!! I did what I could with twitter promotion and Instagram promotion!!

It's analogy and it's not "flawed perspective". On the point of user view it's the same. The main position that nothing will changed for regular users only  complication of coin :

1. "opening a payment channel" = You move your bitcoin to exchange and have one onchain transaction like at LN = you open your channel.
2. "But they are still your Bitcoins." Yes, on the exchange it's the same: "your bitcoin", but exchange can request KYC from your to return it or can return ZERO for you for some other reason. But it's still your bitcoin. The same lightning hub can request KYC from your and send you back less amount that your expected to receive. All the same as on exchanges.
3. Within the LN you create valid transactions but you don't publish them to the BTC blockchain. == The same you do on the exchange. You make valid transactions offchain on the exchange, but don't publish them on the blockchain.
3. "Once you publish the last valid transaction to the blockchain, the payment channel is closed" the same will be happen when you will "close you payment channel on the exchange" with bitcoin wiredraw function. At the same moment you will receive onchain transaction. Like checkpoint at LN.

Conclusion: almost the same as exchange. Will not help
Conclusion2: when (and IF) ppl will discover the truth about SegWit, RBF on Core Bitcoin(BTC) and LN. On such situation BTC price will drop significantly without any odds to recover, Bitcoin name will receive other coin with original bitcoin vision. all other coins spoiled with segwit will also drop down or die. The chance will be for not spoiled coins who develop on the road and vision from original bitcoin whitepaper .

p.s. And this I have not yet written about the pitfalls of never announced LN, but described at developer whitepaper. I.E. Do you know that at some cases if user will go offline suddenly by network failor or so when he use LN, then he will lose his bitcoins? Amazing technology Good luck with all of that

We trust in decentralization, full control of our money and simplicity

"Exchange = lightning hub" is a flawed perspective. You do not irreversibly send Bitcoin to a LN hub. Without going into too much detail, you basically lock up an amount of BTC by opening a payment channel. But they are still your Bitcoins. Yes this is an on-chain transaction, and you have to pay a fee. Then you can make offchain transactions via LN. Within the LN you create valid transactions but you don't publish them to the BTC blockchain. Once you publish the last valid transaction to the blockchain, the payment channel is closed. And this again carries a fee.

We paid 4000 BTCZ to 800th block finder t1LSRk3Fb24ArSx72u6jfR7Z4MiU7D4PUnd
https://explorer.mybtczwallet.org/tx/f3e12e87f51be914747a5530eeeefe083903515ae99d1bcb5eb46438eb1a5726


88 Blocks left to next BONUS!!!

Do you own investigation, read more what LN is.

In simple words it's centralized hub, where you can send your bitcoins (remember: to made this you need to make on-chain transaction(s) with high fees!) and you can lose you bitcoins at all

With simple explanation you already have Lightning Network. It is any exchange ( specialty exchanges with "codes" or possibility to withdraw funds to other user account at the exchange.
Exchange = lightning hub.

You send to Exchange(lighting hub) your bitcoins and then you can send it to other users, spend and pay for other services that this exchange support with low fees. Also you can do "atomic swaps" on exchange(lightning hub) to other crypto coin. So, think that exchange=Lighting hub, then answer me how LN will solve your problems if it will be announced?

I am sorry to ask for help here but I am not getting anwser in ZClassic thread, please community:


Why am I getting this error message? Sync does not start.

Bitcoin is unequipped to deal with the amount of transaction now with $50 transaction fee and hundreds of thousands of unconfirmed transactions so how is a layer 2 solution ruining Bitcoin code? LN still relies on the blockchain.

with SegWit code -> potential of Lightning Code

If they are doing nothing then how are they ruining Bitcoin code?

I heard the same about Bitcoin Core team. But almost 5 years they do nothing with every day increasing fees. Only that they do 5 years: ruined the original working bitcoin code with their intervention. They also maid it less secure with SegWit and more centralized on the question of mining, because small miners out of the game for the reason of high fees (you can not receive your mining reward if you small miner, because all reward go to fees) . Maybe need to ask this question for them? Or wait. You will be banned after this question.

Re-read my comment.

One the very first time when you will enter password it will broke. If you want to keep you wallet.dat safe, then do not keep it on your hard drive. Simple solution.

I hear there are many active BTCZ developers around the world but what are those developers developing?

BTCZ is immutable and it is finished. No new features are needed to the zcash core.
Decentralization and immutability is the key in the long term success.

What should I do with the current chart of BitcoinZ?
https://coinmarketcap.com/currencies/bitcoinz/

It is likely that with the pump of yesterday which had a little bit low volume, there might be next bigger pumps. Am I right?