Topic: [ANN][ZEN] Horizen: Unbounded By Design - page 221. (Read 217252 times)

zen is mooning..a very good pump is happening right now 

Quite right. I've been sitting on it for 2 months and it was time.

If a ordinary random coin like monacoin can moon, then zencash definitely can!

Can you read or what?

Any information on this price rise please???

Congrats on the Palmbeach report!

Just sold out as well, hoping to buy back in tomorrow  This seems like a bit of an overreaction, even the reports suggests not buying over $20,-

Congrats to Zencash team! Will it succeed to stay at this value? Will it dethrone NEO?
I don't know what is going on. Is it just a pump and dump? Or a real grow?

Palmbeach

https://[Suspicious link removed]/hXKqiA

Better buy before 50+

Cryptic:
That’s what European Union member Cyprus did during its banking crisis in 2013. The government confiscated up to 30% of its depositors’ money in some cases.

With cryptocurrencies, you control your own private key. That means no one can take your wealth from you. Governments hate this.

It’s not just national governments targeting citizens’ wealth.

The International Monetary Fund (IMF) is an international organization with 189 country members. In 2013, it proposed a global 10% wealth tax on all citizens with a positive net worth.

As governments struggle to bridge funding gaps, we expect more and more outrageous attempts to seize your wealth.

Long story short: The world is becoming a smaller, less private place.

Whether it’s the NSA listening in on all our calls, or the Turkish government cracking down on privacy apps, or the IMF trying to tax your wealth, governments are trampling over citizens’ rights.

This has led to the rise of “privacy” coins.

Privacy coins are cryptocurrencies that seek to hide your identity. They are designed so governments can’t track how much you have or what you buy.

When I first started looking at privacy coins a year ago, the entire market was under $200 million. Today, it stands at over $4 billion.

That’s a 1,900% increase.

Two of the top 10 most valuable cryptocurrencies are privacy coins Monero and Dash. We own both and have done quite well.

As of this writing. we’re up 923% and 111%, respectively. But as good as Dash and Monero are at protecting privacy, they focus on small niches.

In my research, I’ve found only one project that provides a much broader level of privacy that the future will demand.

A New Way to Shield Transactions

The name of this project is ZenCash (ZEN).

ZenCash has about 2.2 million coins outstanding. Just like bitcoin, there will never be more than 21 million ZenCash coins.

Here’s the background on ZenCash…

ZenCash shares a similar history to the $2.2 billion privacy coin giant Dash. (Dash is currently the sixth largest cryptocurrency in the world.)

What many folks don’t know is that Dash went through a long, winding road before becoming the powerhouse it is today.

Dash started as a clone of bitcoin… but with privacy. Its original name was Darkcoin. It then “forked” (spun off) into XCoin, and then forked again into Dash.

Each change brought further refinements to the underlying protocol.

We’ve seen ZenCash follow a similar path.

ZenCash started as a clone of Zcash.

Zcash was the first cryptocurrency to use a form of cryptography called zk-snarks.

A detailed explanation of zk-snarks is beyond the scope of this report. The bottom line with this technology is that it allows for something called “shielded transactions.”

A shielded transaction hides the identity of the sender, the receiver, and the transaction amount.

Zcash is a brilliant project, but it has problems. One of the biggest is how the mining reward is set up.

For the first four years of Zcash’s existence, 20% of the mining reward went to its original development team. This didn’t sit well with certain developers. So, they forked Zcash and created a new coin called Zclassic.

Zclassic stripped out the founders’ reward and gave miners 100% of the mining fees.

Scrapping the founders’ reward was a step in the right direction… but it didn’t go far enough.

Zclassic still had a fundamental weakness… It was dependent on the goodwill of the community to keep developing it.

It had no funds of its own to ensure constant development and improvement.

That’s when Rob Viglione, Rolf Versluis, and Joshua Yabut decided to “fork” Zclassic and create a better version: ZenCash.

In a moment, I’ll explain to you the changes the team made that will make ZenCash the No. 1 privacy coin in the world.

Before I do that, I want to show you what’s wrong with the privacy coins we have right now.

The Four Problems With Current Privacy Coins

The world’s privacy coins are each solving small parts of the overall privacy problem.

what's behind this pump? Random pump? or is there substance behind this?

Just crosed the top 100 line and over 18$

What a day guys.. congratz to all that bealived and supported the project even in the darkest hours we had last weeks
I´m out now and waiting for a dump to enter again.

Thanks you for the information. I only tried to find the wallet.dat from /appdata/roaming/Eleos . Now everything is working.
I'll test swing wallet next.

What miner are you using?  The bios needs for z cash algo is different from eth or line to, might need to modify that again to make them stable.

Did you tried to find it here  - > AppData\Roaming\Zen  ?
For linux the equivalent of /appdata/roaming/Zen is ~/.zen
For MAC the equivalent of /appdata/roaming/Zen is  ~/Library/Application Support/

First backup wallet.dat before you install swing wallet!

Eleos is abandoned, use Swing wallet!



1.Install new version swing wallet  https://github.com/ZencashOfficial/zencash-swing-wallet-ui/blob/master/docs/Release_0.73.1.md  
2.Restore
To restore the backup, simply copy your backed up wallet.dat over an existing one in the ZenCash data location.

 Secure nodes are on test net, so it's likely they'll be pushed to live relatively soon (before end of year).  This is probably part of a general alt recovery, but I'm glad Zen is finally getting some movement.

I'm using Eleos wallet. However I can't find no wallet.dat. How am I supposed to restore my Eleos wallet? My old computer is in pieces and I only have the files backed up. I don't want to put it back together to use the "backup all wallets" function in Eleos.

Check the videos on ZenCash channel.
https://www.youtube.com/channel/UCQ0v_lUnZHIKUQUXJzfgqOg

Dev team is very active and visible.

I think the application will be the advantage of this coin, if implemented down

It looks like it is just being pumped as there is no real news to justify the sudden increase.

When a date is announced for the master nodes I would expect there to be an increase but as there is no firm date yet it is not that.

Yeah, I was thinking the same thing, cant find good pool to mine though... 

Too bad about the price increase, I was hoping to mine a dozen or so more in peace.