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Topic: [ANN][ZEN] Horizen: Unbounded By Design - page 68. (Read 217251 times)

jr. member
Activity: 336
Merit: 5
Culotte Jaune Officielle
August 23, 2018, 06:35:08 PM
Hey, I have discovered a secret maybe. The new brand name
ends with EN letters

Who wanna bet some zen?  Grin

Hey! See how I guessed it right  Cool
Do I earn something? A Lambo sealed Horizen maybe, with the signature of Rob Viglione & Rolf Versluis on it...  Cheesy Cheesy
newbie
Activity: 168
Merit: 0
August 23, 2018, 02:36:13 PM
Hey, guys, you have a great project! I have not yet seen a bottom-up project. I hope you will attract more investors in the future.
newbie
Activity: 4
Merit: 0
August 23, 2018, 02:15:00 PM

The difference is GPU miners are not competing against the damn manufacturers.  Whereas hobby and 250+ ASIC miners are competing against the damn manufacturer.  It's just a matter of time and ZEC will be the same as Bitcoin in regards to ASIC mining.

I know you hate ASIC miners, so I'm just going to leave this link here: https://asicminer.co/shop/asicminer-zeon-180000-sols

For the low low price of $20,000 USD, you can get a 180,000 sols Asic Miner that at current difficulty, will get you ten Zencash a day! A ROI of about six months!.... Well, at least until the market is flooded with Asic Miners like this, or a better one comes out next month Wink



LOL....

Yeah... sure... we can get HEEPS of people to invest in that.  Like everyone can go to their pickle jar and dig out $20k to drop on an ASIC.  

You proved my point exactly!

Now how did that manage to bring more and/or encourage more to come to the project and invest equity into the project?  Or become missionaries for the project?

TRUTH:  IT DIDN"T...

With GPU's, one can get involved by mining with a GPU they already have in a desktop; a cheap used one off ebay; from an old desktop collecting dust in the storage room.  You name it and people can find a way to get involved cheaply with mining WITHOUT ASIC's.  It would draw more people because they would actually be able to AFFORD to get involved.  THEN [Through experience] they begin to understand crypto more; the project more and spread the word even more.

GOT IT?

Bottom Line:  

ASIC's have slowed down the growth and adoption of Bitcoin.  Just as it will slow down the growth and adoption of any other Proof of Work coin that opens its arms to ASIC's.

The developers/supporters of Monero understand and know this FACT and have resolved to fight against ASIC's.  ZEN should do the same.  ZEN has a LOT of potential and I don't want to see it led astray by BIG ASIC players with money.  Cause if they are led astray and open their arms to ASIC's, then the hell with ZEN and any other coin that does the same.  I will only support coins that will support a LARGE community of COMMON folk rather than a small community of BIG players with money.

Remember, crypto should be about the SMALL folk; the unbanked; the other 6 billion in the world who have been forgotten.

THERE IS STRENGTH IN NUMBERS OF PEOPLE; NOT IN THE DAMN HASH RATE OF AN INDIVIDUAL AND/OR COMPANY OF ASIC's.

YOU WANT PEOPLE AND A LOT OF THEM?  THEN GET RID OF ASIC's AND ALLOW MORE TO GET INVOLVED AFFORDABLY WITHOUT HAVING TO GET A LOAN FOR AN ASIC OR HAVING TO BEG THEIR GOVERNMENT TO ALLOW ASIC's; WHILE COMPETING AGAINST THE MANUFACTURER THE ENTIRE TIME.


If ZEN developers and founders want us to catch the crumbs (10%) from the BIG table by making us COMMON folk divide up those crumbs (10%) from running secure nodes, while offering BIG players a seat at the BIG table with their BIG money to make the BIG bucks (70%) mining with ASIC's and push out the SMALL/FORGOTTEN ones (the other 6 billion) to compete over crumbs (10%) with secure nodes; then they can keep their damn coin.  I want know part of it!  I'll support a coin who actually gives a damn about us COMMON folk and the other 6 billion unbanked people in the world.

I have no problem with people making money.  What I have a problem with is fixing the game to make it hard for the small guy to make a decent amount of money and try to get ahead.  I have a problem with fixing the game to make the rich richer by squeezing out MEANINGFUL opportunities for the not so fortunate folk.  

I'm not asking for a damn handout either!  I don't want a hand out.  I simply want us all to have the same equal opportunity.  That cannot occur with ASIC's.  Mainly because of the manufacturers who make them and mine with them; the prices they charge everyone else for them and the governments who ban them.

GOT IT?

ZEN has a damn good opportunity here to tell the entire GPU community, "We have your back and agree with your ambition for decentralized mining and growing the community."  I only hope they don't muck it up this opportunity.  The longer they wait to do something about ASIC's/FPGA's, the more they are hurting GPU miners while assisting ASIC manufacturers.

Your damned if you do damned if you don't.......Can you imagine if the majority of block rewards went to Masternodes you would literally have the opposite problem people would hoards coins the value of coins would skyrocket no one would sell and the the little people ponce again could not afford the coins just like with Asics dominated BTC.
legendary
Activity: 2380
Merit: 1026
August 23, 2018, 02:12:17 PM
Nice logo !
This new logo represents our values, qualities, and technology, it is attractive and versatile. We are glad you like it! Smiley
legendary
Activity: 2380
Merit: 1026
August 23, 2018, 01:56:54 PM
So ZenCash is no more on any form correct? The currency is called horizon but the ticker is zen? What about baby monk? I still want to use that sticker...
Holy shit, ZenCash is now called HoriZen?  Shocked

At first I wasn't too happy about this, but I guess it's just the platform that's now called HoriZen, and the currency can still be called Zen.
CashZen
 Smiley
ZEN is our currency and one of our products on the Horizen platform
legendary
Activity: 2380
Merit: 1026
August 23, 2018, 01:46:28 PM
Additional brand coverage on coinrivet:

Quote
ZenCash has evolved
“The ZenCash project has greatly evolved since its inception more than a year ago, and it’s now time to expand our brand to more accurately reflect our mission to promote the fundamental human right of privacy worldwide,” says Horizen President and Co-founder Robert Viglione.

“What initially launched as a privacy-focused cryptocurrency has transformed into a much broader and competent platform that will host a variety of privacy-focused applications, including secure messaging and publishing.”

 https://coinrivet.com/zencash-rebrands-itself-as-horizen-as-it-prepares-for-expansion/
legendary
Activity: 2380
Merit: 1026
August 23, 2018, 01:35:23 PM
It would be nice a Twitter campaign with selected members to promote new HoriZen brand, despite I didn´t get the point of changing the name. It was to clean it from the 51% attack?

I remembered the last twiiter campaign and i think that was a sucess.
They could select a few members members above 25k followers to promote it. One Zen a week reward would be nice.

When the release of privacy apps that zen claims to launch? Any prototype? Beta releases and testers? NIce to see some action at that field.

Also would like to see new software wallet that could be encrypted. Basic projects of shitcoins had it, and Zen has no ordinary walllet that could protect their users from beeing stolen because wallets have no tech to protect zencash coins. Better wallet is mandatory.

Why expand the ZenCash brand
After a more than a year of rapid technical, commercial, and community development, ZenCash’s mission and vision have grown significantly. It became important to the project team and community to reflect this growth and refined strategic thinking in the branding.

Introducing Horizen
The new name, Horizen, reinforces that the project is forward-thinking and visionary and will broaden the horizons of what the community can accomplish in the world using the platform.

Horizen is a technology platform that provides everyone with privacy and complete control of their digital footprint. The expansion to a leading-edge platform enables real-life uses beyond the ZEN currency, including the ability to privately chat with others. Soon, Horizen will enable users to publish information and go anywhere on the web, with complete privacy.

Horizen is working toward the day when anyone will be able to build privacy-based applications on the Horizen Platform and generate income from them. This will allow Horizen to bring thousands of real-life services that offer people the freedom and everyday utility unlike anything ever available to them before.

Regarding campaigns it is not excluded..I will keep you in mind. Wink
legendary
Activity: 2380
Merit: 1026
August 23, 2018, 01:24:34 PM
Nice coverage of our rebrand by bitcoin.com:

Quote
Zencash is Now Horizen


After enlisting the services of a branding company and performing extensive community consultation, Zencash has pulled a Raiblocks/Nano and claimed a new name. As of August 22, the cryptocurrency is known as Horizen. The project’s co-founder Robert Viglione said: “The Zencash project has greatly evolved since its inception more than a year ago, and it’s now time to expand our brand to more accurately reflect our mission to promote the fundamental human right of privacy worldwide.”

“What initially launched as a privacy-focused cryptocurrency has transformed into a much broader and deeply capable platform that will host a variety of privacy-focused applications, including secure messaging and publishing.” One bonus of the rebrand is that the cryptocurrency will get to retain its ZEN ticker.

https://news.bitcoin.com/the-daily-proxy-bitcoin-simjacking-zencash-becomes-horizen/
full member
Activity: 448
Merit: 232
August 23, 2018, 05:25:44 AM
To be honest I liked previous branding more, especially logotype. I hope there are still left some pens with old logo-type (I had one after meetin ZenCash team in Dubai, but I gave it as present) so I will be able to save this logotype in cryptocurrency museum)

"Bringing privacy to life" sounds good!
Make privacy great again!

I believe that the new logotype looks much brighter and inspires greater confidence of the team in the success of its project. The slogan sounds very convincing and interesting. The new name says that the former ZenCash opens up new horizons and strives to move forward to further development.
full member
Activity: 210
Merit: 100
August 23, 2018, 04:01:20 AM
CashZen
 Smiley
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
August 23, 2018, 03:58:50 AM

This is a utopian ideal, that doesn't work in the real world.  As long as there is an incentive to mine, people will find faster and better ways to do so.  The whole point to POW was to present an incentive for people to participate and secure the *decentralized* network that supports bitcoin.


Me a damn utopian socialist/communist piece of crap?  Don't even try to put that crap on me!

How the hell is affording everyone the SAME "OPPORTUNITY" a damn utopia?  I sure as hell did not say, "Take from one group and give to another!"  

I simply pointed out everyone should be afforded the SAME OPPORTUNITY without having to compete against a manufacturer who uses the hardware they make to mine for themselves and compete against their own customers WHILE selling that hardware to their customers at astronomical prices compared to their own cost of hardware they mine with.

ANYONE supporting HORIZEN and values their PRIVACY would have no affiliation with the CRAP you're TRYING to attach me to with this so called Utopian crap!

You STILL don't get it cause your mind is weak and easily manipulated OR you are shilling for ASIC's and trying to convert weak and/or ignorant minds yourself.

You're STILL not reading my damn post!

Have you NOT seen my post for PROG Proof of Work?  Apparently not.  -OR-  You are ignoring it and don't want to mention it to keep it quiet from those who may be ignorant that such an algorithm actually exists.

There are ALREADY two different proof of work algorithms available that put ALL hardware (GPU's, ASIC's and FPGA's) on an even keel for the most part.

How much of an even keel?  1.1 to 1.0 -OR- 1.2 to 1.0 in favor of ASIC's and FPGA's.  Meaning, an ASIC or FPGA would only have approximately a 10 to 20 percent better hash rate.  HOWEVER, THEIR POWER EFFICIENCY WOULD BE KEPT PRETTY MUCH THE SAME AS GPU's. This would FORCE manufacturers of ASIC's and FPGA's to compete on the manufacturing cost of their hardware with GPU's if they are to compete at all for those who wish to mine coins on the PROG Proof of Work or similar algorithm.

Horizen is ALREADY looking into algorithms of this type for the future.

So, our discussion is OVER... Done!!!  ANY argument you may have to the contrary in favor of your precious ASIC's/FPGA's is meaningless.

Get over it!
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
August 23, 2018, 03:52:13 AM

Dude... you need some chill pills.

Quite simply a misplaced one.


No, not chilling!

You can take your ASIC shilling, self serving, weak minded propaganda else where.
sr. member
Activity: 1974
Merit: 350
August 23, 2018, 03:10:32 AM
To be honest I liked previous branding more, especially logotype. I hope there are still left some pens with old logo-type (I had one after meetin ZenCash team in Dubai, but I gave it as present) so I will be able to save this logotype in cryptocurrency museum)

"Bringing privacy to life" sounds good!
Make privacy great again!
sr. member
Activity: 1974
Merit: 350
August 23, 2018, 03:03:15 AM
To hell with running a secure node.  If I can't mine, I'm NOT going to look into running a node.  I'll probably end up selling all of my hardware [And I have a LOT of hardware for a home miner - over 230 GPU's with peripherals].  I'll probably end up spending all of my time and energy on my trading signal and trading education website that's going LIVE in 30 to 45 days.  

I sure as hell will not buy ASIC's ever again.  I got out of the ASIC game in February, 2016 and invested in GPU's.  Now I'm getting out of GPU's.  Maybe, I'll get back into GPU's again in the future.  I just can't compete anymore at current price and difficulty.  It's just not worth it.

Yes, it would be nice if the price of all coins would go up now.  That would alleviate some of the pain from lost profits.  However, it would need to rise considerably very soon for me to consider keeping the remaining hardware I have.  At least that's the way my situation is.  How so?  Because I'm my own boss.  I haven't worked for anyone else since March, 2010.  I've supported my family on mining and trading since 2014.  Mining is about dead and now I have to rely on my trading skills I've developed since 2014.

Well, thanks for detailed answer. I'm not in mining at all (I only did some CPU mining and I'm still running BOINC to support SETI project, but this I did for educational reasons, you know better that it's not possible to mine with CPU for profit)
What I meant is that if you already have ZEN balance enough for secure nodes - you can setup them and receive additional income.
Anyway now is not best time to sell any crypto including ZEN.
So secure nodes can be additional source of income (for example I plan to setup some day in future)

Yes, and trading looks a good alternative for now.
sr. member
Activity: 700
Merit: 294
August 23, 2018, 01:31:35 AM
Agreed that ASICs suck. They centralize and suck value from coins. I don't believe in equality (regarding income inequality debates) but believe in equal opportunity and not everyone has access to ASICs. (To be overly frank, if you're not sucking Chinese dick you're not getting a good deal on an ASIC in the current market.)

ASICs don't centralize or suck value... the people who use them do that.  And frankly, when a new coin comes on the market... what do all those GPU miners do?  They centralize in pools and mine quickly... then sell off their earnings.  None of those actions can be seen as altruistic on the part of GPU miners.

The reason I say ASICs suck value from coins is because ASIC manufacturers put up large capital in order to develop and manufacture them and pass the cost onto the buyers.

Ok... they invest money into R&D.  They deserve to be paid for their efforts.  They are a business, not a charity, right?   Cheesy


So what's the difference between a hobby miner with one ASIC and a "pro" with 250+ ASICs... and your one GPU gamer and "large" home miner with 250+ GPUs?

I think there is a contradiction between your stance that ASICs "centralize" coins when you accept that 250+ GPU "home miners" are ok.  That many GPUs is a business, not a hobby.

In what way did ASICs coming to bitcoin hurt the value or usability of the coin?

Quote
My point here is that I think Bitcoin would be at least as successful as it is today if not more so had they forked off ASICs due to even better network effects. Back in 2009 Satoshi didn't have more promising ASIC resistant algorithms like Ethash, ProgPOW, or memory bandwidth constrained algos. There was also no precedent for how things would play out. Bitcoin has a dysfunctional governance that innovates too slow but that is why we're here in the altcoin section looking to ZEN to carry the torch!

Fair point.


Quote
People smarter than I have wrote convincing arguments as to why ASICs should be embraced but I think that while they are technically sound they might be missing the social aspects of cryptocurrency.
These are the best resources I have found:
https://www.reddit.com/r/decred/comments/7dedss/asics_or/
https://download.wpsoftware.net/bitcoin/asic-faq.pdf

I really don't want to go down in history as calling the losing side on the ASIC debate but at least I'll choose the side that's consistent with my values.

I think the whole Sia coin saga brings home the point of ASIC vs non-ASIC arguments.  The coin creators were just fine with having ASICs available to secure their network... as long as it was *their* ASIC you were buying.  When they got beat to the punch by a competitor, their first knee-jerk reaction was to see if they should ban the competitor.  How would that have helped the coin succeed?

sr. member
Activity: 700
Merit: 294
August 23, 2018, 01:13:05 AM
With GPU's, one can get involved by mining with a GPU they already have in a desktop; a cheap used one off ebay; from an old desktop collecting dust in the storage room.  You name it and people can find a way to get involved cheaply with mining WITHOUT ASIC's.  It would draw more people because they would actually be able to AFFORD to get involved.  THEN [Through experience] they begin to understand crypto more; the project more and spread the word even more.

GOT IT?

This is a utopian ideal, that doesn't work in the real world.  As long as there is an incentive to mine, people will find faster and better ways to do so.  The whole point to POW was to present an incentive for people to participate and secure the *decentralized* network that supports bitcoin.

How many people in the world have the ability or knowledge to mine with a GPU they might already have?  Maybe a few million.  How many people even have access to a GPU to get even started?  Very few.  So... let's not act like it's some egalitarian ideal to only allow GPUs to mine a coin.

If you wanted your true utopia, you would only allow mining on RISC CPUs like the kind you would find in a mobile phone.  A mobile phone is a lot more accessible than a full-on desktop computer with a powerful enough GPU to make more than a few pennies a week.


Quote
Bottom Line:  

ASIC's have slowed down the growth and adoption of Bitcoin.  Just as it will slow down the growth and adoption of any other Proof of Work coin that opens its arms to ASIC's.

ASICs don't use or adopt bitcoin.  People do.


Quote
The developers/supporters of Monero understand and know this FACT and have resolved to fight against ASIC's.

Again, this is not fact... it was the opinion of the Monero developers.  How has that parameter change worked out for the value or usability of Monero?

Where can I spend my Monero-bucks?


Quote
ZEN should do the same.  ZEN has a LOT of potential and I don't want to see it led astray by BIG ASIC players with money.  Cause if they are led astray and open their arms to ASIC's, then the hell with ZEN and any other coin that does the same.  I will only support coins that will support a LARGE community of COMMON folk rather than a small community of BIG players with money.

Remember, crypto should be about the SMALL folk; the unbanked; the other 6 billion in the world who have been forgotten.

THERE IS STRENGTH IN NUMBERS OF PEOPLE; NOT IN THE DAMN HASH RATE OF AN INDIVIDUAL AND/OR COMPANY OF ASIC's.

YOU WANT PEOPLE AND A LOT OF THEM?  THEN GET RID OF ASIC's AND ALLOW MORE TO GET INVOLVED AFFORDABLY WITHOUT HAVING TO GET A LOAN FOR AN ASIC OR HAVING TO BEG THEIR GOVERNMENT TO ALLOW ASIC's; WHILE COMPETING AGAINST THE MANUFACTURER THE ENTIRE TIME.


It's early yet.  People have barely heard of "bitcoin"... and you expect them to know about some altcoin called Zencash?  Then you want these 6 billion people to be able to mine when they have no access to a computer... let alone a GPU?


Quote
If ZEN developers and founders want us to catch the crumbs (10%) from the BIG table by making us COMMON folk divide up those crumbs (10%) from running secure nodes, while offering BIG players a seat at the BIG table with their BIG money to make the BIG bucks (70%) mining with ASIC's and push out the SMALL/FORGOTTEN ones (the other 6 billion) to compete over crumbs (10%) with secure nodes; then they can keep their damn coin.  I want know part of it!  I'll support a coin who actually gives a damn about us COMMON folk and the other 6 billion unbanked people in the world.

I have no problem with people making money.  What I have a problem with is fixing the game to make it hard for the small guy to make a decent amount of money and try to get ahead.  I have a problem with fixing the game to make the rich richer by squeezing out MEANINGFUL opportunities for the not so fortunate folk.  

I'm not asking for a damn handout either!  I don't want a hand out.  I simply want us all to have the same equal opportunity.  That cannot occur with ASIC's.  Mainly because of the manufacturers who make them and mine with them; the prices they charge everyone else for them and the governments who ban them.

GOT IT?

Your heart is in the right place, but I think you have some ulterior motives... like protecting your investment in GPUs.  That's just my opinion on why you are getting so worked up here.


Quote
ZEN has a damn good opportunity here to tell the entire GPU community, "We have your back and agree with your ambition for decentralized mining and growing the community."  I only hope they don't muck it up this opportunity.  The longer they wait to do something about ASIC's/FPGA's, the more they are hurting GPU miners while assisting ASIC manufacturers.

In what way would trying to ban ASICs help GPU miners?  Increase their profits?  Hmmm... I think I see the true motivations here.
member
Activity: 420
Merit: 18
August 23, 2018, 01:06:12 AM
Whose money is this?
It's a cryptocurency baby.

Whose cryptocurrency is this?
It's Zen's.

What's Zen?
Zen's dead baby,
Zen's dead.

Long live to HoriZen!  (looks like a name of a B series science-fiction cult movie. Smiley))
sr. member
Activity: 700
Merit: 294
August 23, 2018, 12:55:51 AM
In what way did ASICs coming to bitcoin hurt the value or usability of the coin?

By pushing many out from mining with GPU's.  You just don't get it and you were NOT paying damn attention to his or my arguments.  Go back and read them and you will have the answer to your damn question!

Dude... you need some chill pills.


Quote
What was his arguement?  MORE people have access to GPU's than ASIC's.  In fact, there are many countries that ban ASIC's.  With more GPU's there would be more people laboring together and become more invested into the project while acting as missionaries for the project.  The more a coin gets centralized by BIG ASIC mining companies, the less people there are who can even afford to invest into labor for the coin in the form of mining.  Which gives no incentive to invest time and/or equity into the project and does NOT convert newcomers into a missionary for the project and ultimately help the project grow and become adopted much faster.

But you can't seem to understand and/or don't want to acknowledge this commonsense FACT he spells out in his argument (below).[/color]

What fact?  All you and gghost have done is expressed an opinion that GPUs are more "decentralized," when that couldn't be further from the truth.  You do know that there are massive, massive farms of GPUs out there, right?

You do know that a government banning something does not make a coin more decentralized, right?


Quote
What was my argument?

Quite simply a misplaced one.

full member
Activity: 490
Merit: 106
August 22, 2018, 11:48:42 PM
It would be nice a Twitter campaign with selected members to promote new HoriZen brand, despite I didn´t get the point of changing the name. It was to clean it from the 51% attack?

I remembered the last twiiter campaign and i think that was a sucess.
They could select a few members members above 25k followers to promote it. One Zen a week reward would be nice.

When the release of privacy apps that zen claims to launch? Any prototype? Beta releases and testers? NIce to see some action at that field.

Also would like to see new software wallet that could be encrypted. Basic projects of shitcoins had it, and Zen has no ordinary walllet that could protect their users from beeing stolen because wallets have no tech to protect zencash coins. Better wallet is mandatory.
member
Activity: 300
Merit: 12
August 22, 2018, 10:46:55 PM
I have honor to present you new name of this project and new logo!




Finally, ZenCash has been rebranded to Horizen, with new logo.
I am not sure whether new signature campaign for Horizen project.
Are there promotional campaign for the Horizen project?
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