Topic: [ANN][Flux] ZelCore - FLUX - First Decentralized Computational Network - page 50. (Read 62039 times)

To the above poster who's questions I answered on the Discord as to what makes our coin different.

I am a part of the team as community manager and remained polite during our conversation and answered all of your questions although you made allegations of a 'scam' which is rude so I will assume you are new to the cryptocurrency community and looking at your post, English may be your second language.


1. We do not take mining rewards like it clearly states on the Zencash website

2. We answered your question in regards to the multiple developers that we have on our team working on the project (one of our developers is listed as founder, FYI)

DON'T TRUST SOMEONE WHO LIES---3. We did not ban you from Discord (you stated that you hoped our project was successful and for real and we thanked you and you left the Discord
                                        community after I stated that hopefully you'd come back and realize all of the hard work that we put into the project)--- Please do not lie. We have screenshots.

4. We mentioned the use of both the Equihash/Ethash as a cross-chain approach and how the masternodes (which Zencash doesn't have) would be used as the POS for the Ethash chain.

5. Additionally, we mentioned that in regards to Zencash and other cryptocurrencies, we will be fundraising and donating back to the community of which we will have a vote on as a community (this donations page will be live any day now).


If anyone would like screenshots and proof of our conversation, please PM me and I will be happy to oblige.

Thank you and have a great day,


Mount Weather

This post just to worn you about a scam project detected. But do your own research if you don`t want to loose your money or mining time.

Just to be clear I`m from a zencash community. I decide to check what is zelcash and why it looks like a copypast from zencach(ffs they only changed 1 sign in the name).

So I started from zel site.  Nothing better with a site - looks like a copy of https://zensystem.io/ A pretty same design, same fonts and even their logo looks a same(at least for me) - 3 attached cubic elements.

Then I looked at technology. And again a same things - private messages, masternodes and finally something original in whole project - crosschain. No real names in team, only nicknames. Good way to hide when you plagiarism something. And of course great for exit scam.

Entered to their discord. Started with simple question "Why it`s called zelcash and is there any hidden message behind it". Got funny kiddish answers from a founder and co-founder "because we like it" and "it easy to pronounce". Zero imagination.

Then asked what the difference with zencash. Got answer about a crosschain and this
 This info is not a true(same as info about zcash funding they`re spreading). Because ZEN doesn't actually have 8.5% in treasury. We forked off ZCL so first million coins and some more weren't taxed at all. Furthermore in % to total supply we have even way less; whereas premined coins get % of total supply. 1 761 000 * 0.085 = 149 685 / 21 000 000 = 0.7% of total supply

Then I saw info about zel have premine 6.2%. It`s not like zcash or zencash getting slow funding over time making devs to work hard all the time to push project forward. In zel case they will be able to cashout pretty fast when they`ll get a decent price after getting some exchanges.

So after all this info I called them a scam project and was kicked/banned from the discord. And as was mentioned at this thread before a founder/co-founder clearing/changing their messages all the time. Pretty shady moves.

And they have only one developer. So he must be better then Vitalik is to do all this stuff they imagine in whitepaper. Keep in mind they have nothing ready outside wallets(that was copied from zcash/zencash). Zcash/zencash have a pretty big teams working on projects and it`s moving slowly because developing takes a lot of time and testing things.

To summ this up.

1. A clone looking project to https://zensystem.io/
-changed only 1 sign in a project name
-a same site design
-a close looking logo
-a same ideas

2. Premine 6.2% to not wait long/get rich fast.

3. No real names for founders and dev teams. No penalties/law issue after exit a scam.

4. Only 1 developer.

5. Spreading incorrect info about zcash/zencash funding to look better.

6. Shady moves in discord - deleting/changing messages, kicking/banning ppls.

7. 210M coins supply.

I`m pretty sure there will be other issues. It`s up to you to risk or not. But giving them a hashpower or buying their shitcoins you will keep supporting crypto scams making your and humanity future unclear. Cheers to all a real projects!

Looks awesome to me too ... however the pos/mn part will be tricky and hope devs will manage it well

This coin looks like a ZEN and ETH hybrid to me. Why not?

You can't call it "fake". It's just misleading. I guess it depends on how you look at it. It is accurate when compared to the other coins. The info-graphic refers to percentage of block rewards, not total disbursement amount. If all a person cares about is how much ZCash is taking right NOW, then it's 100% true. In the long run, it it less. But to criticize something that pedantic is unnecessary on your part, because there is no false information given. All advertising campaigns intentionally make the content appear to better the topic in question. That's just how it works. No shame there.

Yes, which means that information in OP is fake and misleading.

how much need ZEL for masternoda?
10 000 ZEL ?

Zcash does have a 20% dev fee for the first 4 years of mining. When the block reward is halved then there will be no dev fee. The devs will be rewarded 2.1 million zcash. Which is 10% of the total supply that there will ever be.

https://z.cash/blog/funding.html

the devs are 15 year's old and they constantly talk about prices of coin   

don't mine this kiddie coin lol

ZCash 20% in this infographic is a total bullshit. Do your research before making such fake statesments.

Not true. Komodo released KomodoOcean Qt wallet.

With equithash, wallets can not be with any platform other than java

it's working for me too. thank you

How is it fair? Someone launch another equihash coin with a huge premine and calling it devfund. Fair is when you have dev fund from block reward not 13m coins premined.

Looks to me like equihash coin made neoscrypt style, I guess next thing we will see -> masternodes auctions

Seriously guys, read the original post, it's all there...  

Do You plan create wallet for windows exe ? or only java

Not sure MN was released for ZEL

hey Dev,
how many coins will there be in one MN?
MN are going to start in Q3, right?