[ANN][ICO] ⚡ ZECASH (ZCH) ⚡ – ZE NEXT MAJOR 3.0 COIN - page 17.

Ranunculus2

newbie

Activity: 266

Merit: 0

Quote from: cmdr1 on May 18, 2018, 04:44:09 AM

Quote from: ZeCash on May 17, 2018, 05:14:12 PM

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Hello SpockSenior,

We have this in mind yes, today lot of coin get listed in major exchange and minor exchange, it create high discrepancy of price, sometime manipulation.
Other cons also is highly expensive price to get listed today, you can't imagine what major exchange are requesting on it.
For now we are concentrated to populate our Github and show some product, exchanges/listing and other will be easy after we will have beta, to show all community and investor that it's not only talk.

ZeCash Team

When you explain it like that it makes a lot of sense that you would opt for your own exchange. But what do you have to invest to get your own?

I would guess it is not an easy thing to do. A lot of legal advice is definitely necessary.

cmdr1

newbie

Activity: 266

Merit: 0

Quote from: ZeCash on May 17, 2018, 05:14:12 PM

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Hello SpockSenior,

We have this in mind yes, today lot of coin get listed in major exchange and minor exchange, it create high discrepancy of price, sometime manipulation.
Other cons also is highly expensive price to get listed today, you can't imagine what major exchange are requesting on it.
For now we are concentrated to populate our Github and show some product, exchanges/listing and other will be easy after we will have beta, to show all community and investor that it's not only talk.

ZeCash Team

When you explain it like that it makes a lot of sense that you would opt for your own exchange. But what do you have to invest to get your own?

ZeCash

newbie

Activity: 140

Merit: 0

Quote from: WillerTex on May 17, 2018, 03:14:26 AM

Do we have to go trough KYC if we join bounty campaign?

Hello WillerTex,

No KYC required at this moment for bounty campaign.

ZeCash Team

ZeCash

newbie

Activity: 140

Merit: 0

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Hello SpockSenior,

We have this in mind yes, today lot of coin get listed in major exchange and minor exchange, it create high discrepancy of price, sometime manipulation.
Other cons also is highly expensive price to get listed today, you can't imagine what major exchange are requesting on it.
For now we are concentrated to populate our Github and show some product, exchanges/listing and other will be easy after we will have beta, to show all community and investor that it's not only talk.

ZeCash Team

MrSlave

member

Activity: 420

Merit: 11

Quote from: bibliobusz on May 17, 2018, 11:02:23 AM

Quote from: Pipilla on May 17, 2018, 03:00:27 AM

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Yeah i agree it sounds a bit optimistic,going for own exchange.But maybe there is some catch.

Maybe better control of the sale of tokens. Though I think it's more od a hassle.

Maybe it makes more financial sense as the other exhanges might not be offering great deals. But I wan't to know is will it be a fully functional exchange or one just for ZeCash (if that's even possible).

bibliobusz

newbie

Activity: 224

Merit: 0

Quote from: Pipilla on May 17, 2018, 03:00:27 AM

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Yeah i agree it sounds a bit optimistic,going for own exchange.But maybe there is some catch.

Maybe better control of the sale of tokens. Though I think it's more od a hassle.

SoonAmoon

newbie

Activity: 224

Merit: 0

Quote from: sebulba on May 17, 2018, 05:30:54 AM

Quote from: Pipilla on May 17, 2018, 03:00:27 AM

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Yeah i agree it sounds a bit optimistic,going for own exchange.But maybe there is some catch.

Hopefully the team will comment on this. What are the benefits?

Maybe ask them on telegram, that's a great way to get answers quick.

sebulba

newbie

Activity: 224

Merit: 0

Quote from: Pipilla on May 17, 2018, 03:00:27 AM

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Yeah i agree it sounds a bit optimistic,going for own exchange.But maybe there is some catch.

Hopefully the team will comment on this. What are the benefits?

descuri

newbie

Activity: 266

Merit: 0

Quote from: ZeCash on May 16, 2018, 05:22:21 PM

Quote from: snowcommander on May 16, 2018, 08:39:32 AM

Quote from: ZeCash on May 15, 2018, 05:19:06 PM

Quote from: SpockSenior on May 15, 2018, 01:46:36 PM

Based on this part from the whitepaper

"It can easily be calculated that for 3 months you will get 15%, for 6 months you would be getting 30% and for 12 months it would be full 60%."

Can you maybe explain how you will be able to support such cashback?

Hello SpockSenior,

This is not cashback, this is estimation of Mining/Minting reward on Proof of Stake algorithm for every ZeCash Coin holder.
Thoses rewards are paid from transaction fees earned from ZeCash Mining.

ZeCash Team

So rewards from Minting will be used? or mining? because you wrote somewhere that it would be good to replace mining alltogether

Hello Snowcommander,

It's semantic question here, Minting/Staking would be more adapted to Proof of Stake and Mining Proof of Work. What we are seeking to replace, as a Proof of Stake Coin (like all other POS we must say), it's High consumption Kwh and heavy investment in GPU/Asic needed to process transactions in Proof of Work. In our case just holding a wallet with ZeCash Coin will be enough to process transaction.

ZeCash Team

Seems pretty ideal I have to say. Just holding the coin and getting enough.

WillerTex

newbie

Activity: 252

Merit: 0

Do we have to go trough KYC if we join bounty campaign?

Pipilla

newbie

Activity: 56

Merit: 0

Quote from: SpockSenior on May 16, 2018, 04:50:11 AM

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Yeah i agree it sounds a bit optimistic,going for own exchange.But maybe there is some catch.

ZeCash

newbie

Activity: 140

Merit: 0

Quote from: snowcommander on May 16, 2018, 08:39:32 AM

Quote from: ZeCash on May 15, 2018, 05:19:06 PM

Quote from: SpockSenior on May 15, 2018, 01:46:36 PM

Based on this part from the whitepaper

"It can easily be calculated that for 3 months you will get 15%, for 6 months you would be getting 30% and for 12 months it would be full 60%."

Can you maybe explain how you will be able to support such cashback?

Hello SpockSenior,

This is not cashback, this is estimation of Mining/Minting reward on Proof of Stake algorithm for every ZeCash Coin holder.
Thoses rewards are paid from transaction fees earned from ZeCash Mining.

ZeCash Team

So rewards from Minting will be used? or mining? because you wrote somewhere that it would be good to replace mining alltogether

Hello Snowcommander,

It's semantic question here, Minting/Staking would be more adapted to Proof of Stake and Mining Proof of Work. What we are seeking to replace, as a Proof of Stake Coin (like all other POS we must say), it's High consumption Kwh and heavy investment in GPU/Asic needed to process transactions in Proof of Work. In our case just holding a wallet with ZeCash Coin will be enough to process transaction.

ZeCash Team

snowcommander

newbie

Activity: 280

Merit: 0

Quote from: ZeCash on May 15, 2018, 05:19:06 PM

Quote from: SpockSenior on May 15, 2018, 01:46:36 PM

Based on this part from the whitepaper

"It can easily be calculated that for 3 months you will get 15%, for 6 months you would be getting 30% and for 12 months it would be full 60%."

Can you maybe explain how you will be able to support such cashback?

Hello SpockSenior,

This is not cashback, this is estimation of Mining/Minting reward on Proof of Stake algorithm for every ZeCash Coin holder.
Thoses rewards are paid from transaction fees earned from ZeCash Mining.

ZeCash Team

So rewards from Minting will be used? or mining? because you wrote somewhere that it would be good to replace mining alltogether

Vindizzle

member

Activity: 364

Merit: 10

Quote from: ZeCash on May 15, 2018, 05:24:03 PM

Quote from: constructive_criticism on May 15, 2018, 04:06:03 PM

Quote from: TheRedKing on May 15, 2018, 12:02:31 PM

Quote from: sebulba on May 15, 2018, 03:10:35 AM

Quote from: MrSlave on May 15, 2018, 02:18:58 AM

It's always good to remind ourselves of the main ZeCash missions:

-You can Mint/Mine and earn fixed interest with low fees.
-PoS security with ZeProtocol, which contain a Chain trust, and Delegated Shuffle.
-Anonymity with “ZeAnon” protocol, which allows transaction re-mixing, ring
signature.
-Very fast transaction speed, no pending transactions guaranteed.
-ZeCash Proof of Chain/Stake always fair with Coin Age Based Selection.

Thanks for the reminder. There were a couple of questions for the team here in this thread on how they plan to remove mining in general.

Is there a specific reason why they would do that?

I to would like to know that. Why would mining be a problem?

Hello constructive_criticism,

We aren't removing mining. We just point that ZeCash coin will work on Proof of Stake Mining, which require just a simple computer with a ZeCash Wallet to process transaction instead of Proof of Work Mining wich require high sophisticated and expensive GPU/Asic material to process transactions.

ZeCash Team

I also agree that that is much better model and makes more sense.Everyone who has an option is switching to PoS, even Ethereum is switching to PoS if everything goes well.It gives more incentive to end user and is easier to run as was explained above.

descuri

newbie

Activity: 266

Merit: 0

Quote from: ZeCash on May 15, 2018, 05:19:06 PM

Quote from: SpockSenior on May 15, 2018, 01:46:36 PM

Based on this part from the whitepaper

"It can easily be calculated that for 3 months you will get 15%, for 6 months you would be getting 30% and for 12 months it would be full 60%."

Can you maybe explain how you will be able to support such cashback?

Hello SpockSenior,

This is not cashback, this is estimation of Mining/Minting reward on Proof of Stake algorithm for every ZeCash Coin holder.
Thoses rewards are paid from transaction fees earned from ZeCash Mining.

ZeCash Team

Thank you for providing this explanation. I was also interested from where the funding for this would be taken.

SpockSenior

member

Activity: 406

Merit: 13

I see on your Roadmap on the first page in this thread that you plan to have your own Exchange sometime in Q4 along with mobile wallet. How come you are aiming at your own exchange? what are the benefits and will it be linked to some of the major ones?

Kavorka

newbie

Activity: 182

Merit: 0

Quote from: Miklia on May 16, 2018, 03:56:18 AM

How can i join the sale,what i have to do?

Here is the link for the first step https://ze.cash/tokensale/register

Miklia

newbie

Activity: 137

Merit: 0

How can i join the sale,what i have to do?

constructive_criticism

newbie

Activity: 266

Merit: 0

Quote from: ZeCash on May 15, 2018, 05:24:03 PM

Quote from: constructive_criticism on May 15, 2018, 04:06:03 PM

Quote from: TheRedKing on May 15, 2018, 12:02:31 PM

Quote from: sebulba on May 15, 2018, 03:10:35 AM

Quote from: MrSlave on May 15, 2018, 02:18:58 AM

It's always good to remind ourselves of the main ZeCash missions:

-You can Mint/Mine and earn fixed interest with low fees.
-PoS security with ZeProtocol, which contain a Chain trust, and Delegated Shuffle.
-Anonymity with “ZeAnon” protocol, which allows transaction re-mixing, ring
signature.
-Very fast transaction speed, no pending transactions guaranteed.
-ZeCash Proof of Chain/Stake always fair with Coin Age Based Selection.

Thanks for the reminder. There were a couple of questions for the team here in this thread on how they plan to remove mining in general.

Is there a specific reason why they would do that?

I to would like to know that. Why would mining be a problem?

Hello constructive_criticism,

We aren't removing mining. We just point that ZeCash coin will work on Proof of Stake Mining, which require just a simple computer with a ZeCash Wallet to process transaction instead of Proof of Work Mining wich require high sophisticated and expensive GPU/Asic material to process transactions.

ZeCash Team

Thank you for the explanation

makes sense now.

ZeCash

newbie

Activity: 140

Merit: 0

Quote from: constructive_criticism on May 15, 2018, 04:06:03 PM

Quote from: TheRedKing on May 15, 2018, 12:02:31 PM

Quote from: sebulba on May 15, 2018, 03:10:35 AM

Quote from: MrSlave on May 15, 2018, 02:18:58 AM

It's always good to remind ourselves of the main ZeCash missions:

-You can Mint/Mine and earn fixed interest with low fees.
-PoS security with ZeProtocol, which contain a Chain trust, and Delegated Shuffle.
-Anonymity with “ZeAnon” protocol, which allows transaction re-mixing, ring
signature.
-Very fast transaction speed, no pending transactions guaranteed.
-ZeCash Proof of Chain/Stake always fair with Coin Age Based Selection.

Thanks for the reminder. There were a couple of questions for the team here in this thread on how they plan to remove mining in general.

Is there a specific reason why they would do that?

I to would like to know that. Why would mining be a problem?

Hello constructive_criticism,

We aren't removing mining. We just point that ZeCash coin will work on Proof of Stake Mining, which require just a simple computer with a ZeCash Wallet to process transaction instead of Proof of Work Mining wich require high sophisticated and expensive GPU/Asic material to process transactions.

ZeCash Team

Topic: [ANN][ICO] ⚡ ZECASH (ZCH) ⚡ – ZE NEXT MAJOR 3.0 COIN - page 17. (Read 4106 times)