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Topic: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency - page 31. (Read 243380 times)

legendary
Activity: 2646
Merit: 2842
Shitcoin Minimalist
I think, despite all the issues ZEN has right now it's a good investment. I would like to compare to ETH after DAO hack, when price crashed.
Some people panic sold and lost a lot of money and others decided to hold because they believed in project.
I like the idea of ZEN and the team so for me there is no doubt it's going to be a success.
Maybe you're right, but damage is done and this price is just a indicator of trust level.
Correction made after that dump is not sustainable and now creates false hopes. I will wait for a while to see what will happen but so far ZCL slowly becoming a winner of this game.

I also thought so, but as we see now the price of ZCL even lower than it was for last few weeks before all that.
I believe in both ZEN and ZCL but i think that ZCL is going to hit a bottom one or two times more before it's going to go up.

I don't believe ZCL has much upside in the short term. From what I can tell, there isn't even any active development. I'm not certain about that though, so please correct me if I'm wrong.

You are right it's doesn't matter what people/devs of zen speak .... zcl it's over, it's dead with no devs . 

No dev ? What about thé Guy who left zen for zcl?

He seems to be mentally ill,  I really wouldn't put too much faith into him.
member
Activity: 113
Merit: 29
Blog posted at: https://blog.zensystem.io/zencash-update-saturday-june-10-at-10-pm-eastern/

ZenCash Update Saturday June 10 at 10 pm eastern

by BlockOps

After updating the security advisory and announcing the hardfork earlier today, some questions came up in slack that it would probably be helpful to answer here on the blog.

When we say we are going to perform a hard fork of ZenCash, what that means is we are going to require all participants in the ZenCash network to do an upgrade to the node software they are running. The upgrade will be required to be implemented by a certain block height, in this case 117,000. Any mining pool or solo miner who is running an older software version that tries to add blocks to the blockchain that will end up with orphaned blocks.

There are multiple chains being created on every blockchain all the time. Usually within a few blocks consensus is reached, and the longest blockchain becomes the blockchain that everyone is mining to, and becomes the historical record. The blocks that were added to the chain that ended up not being used are known as orphans. Orphaned blocks happen regularly, usually for only a short period of time until consensus is reached among the nodes and miners.

The intention of the ZenCash team in forcing the software update is to have the entire system running on a version of the software that won't accept blocks that may contain transaction replays. Everyone who owns ZenCash should want this. The miners, the pool operators, and everyone else involved with Zencash should want this too. Since everyone wants the system to work well, the expectation is that everyone is going to upgrade their software before the hard fork rules take place.

What the ZenCash team is planning is called a hard fork because that is what it technically is. It could also be termed a mandatory software upgrade for everyone on the system. But by calling it a hard fork everyone who operates nodes understands they need to get their nodes upgraded before the deadline, or their systems won't be participating anymore.

Sometimes discussion of a hard fork happens when there are two or more groups that are part of a project who have ideas on how things should go, and these ideas are incompatible. If it gets to a point where one group breaks off and starts a new codebase, and encourages miners, mining pools, and exchange operators to join them, and they do, then that is a contentious hard fork. It is why the words hard fork sometimes have a bad connotation in the world of cryptocurrency. That is not the situation we are in now, and we are talking with our mining pool operators and Bittrex on a regular basis to keep everyone informed of the plan.

A very common question I see on the Slack is why won't the Zclassic and ZenCash wallets open on Bittrex? It is because Bittrex wants to prevent a transaction replay from happening to the ZenCash funds on their exchange. They really want every solo miner and mining pool out there to be mining blocks that won't accept transactions that can contain a replay of a Zclassic transaction. The ZenCash hard fork makes sure that happens, and after it is complete Bittrex will have a chance to evaluate and make a decision on the Zclassic and ZenCash wallets based on all miners and pools running the updated software.

It will be great to get past this issue, and get on to building the ZenCash cryptocurrency we have been planning all along. We want to have the abilities of Zcash, but focused on the needs of people, not big business. We want to have usable wallets on every platform, including hardware wallets. And not just wallets on mobile devices that are limited to transparent transactions, but ones that can do shielded, anonymous transactions.

We are looking forward to having a strong and secure network of Zen secure nodes that are built and maintained by system administrators around the world. And of course we look forward to having a completely secure messaging and publishing capability.

To run an organization like this takes funding, organization, and hard work. I'm very happy that we are in the good position we are in, despite the current issue which appears to be just a bump in the road. ZenCash is up and running -  funding the treasury with every block, we have the core of a strong and talented organization, and the current issue we are working through is demonstrating to everyone that we are willing to work hard to effectively get the things done that we need to do.

I'm also very happy that we have the support of a great exchange partner in Bittrex, we have lots of mining hashpower, and best of all, we have a big and supportive community!

ZenCash website – https://zensystem.io

ZenCash blog – https://blog.zensystem.io

ZenCash Github – https://github.com/ZencashOfficial
rpg
hero member
Activity: 728
Merit: 500
I think, despite all the issues ZEN has right now it's a good investment. I would like to compare to ETH after DAO hack, when price crashed.
Some people panic sold and lost a lot of money and others decided to hold because they believed in project.
I like the idea of ZEN and the team so for me there is no doubt it's going to be a success.
Maybe you're right, but damage is done and this price is just a indicator of trust level.
Correction made after that dump is not sustainable and now creates false hopes. I will wait for a while to see what will happen but so far ZCL slowly becoming a winner of this game.

I also thought so, but as we see now the price of ZCL even lower than it was for last few weeks before all that.
I believe in both ZEN and ZCL but i think that ZCL is going to hit a bottom one or two times more before it's going to go up.

I don't believe ZCL has much upside in the short term. From what I can tell, there isn't even any active development. I'm not certain about that though, so please correct me if I'm wrong.

You are right it's doesn't matter what people/devs of zen speak .... zcl it's over, it's dead with no devs . 

well. I think ZEN is over too. Lets see, no TLS, no IPFS, the 2 major selling points of ZEN. Now add Z address coins converted from ZCL are stuck and can not be sent out, a stupid javascript wallet that doesn't work on windows and starts 3 processes 2 of them connecting to the gpu (wonder why....). If they ever get the TLS to work, the private messages will raise interest from the likes of NSA/CIA/FBI/.... as they could help setup terrorist attacks
hero member
Activity: 1190
Merit: 514
I think, despite all the issues ZEN has right now it's a good investment. I would like to compare to ETH after DAO hack, when price crashed.
Some people panic sold and lost a lot of money and others decided to hold because they believed in project.
I like the idea of ZEN and the team so for me there is no doubt it's going to be a success.
Maybe you're right, but damage is done and this price is just a indicator of trust level.
Correction made after that dump is not sustainable and now creates false hopes. I will wait for a while to see what will happen but so far ZCL slowly becoming a winner of this game.

I also thought so, but as we see now the price of ZCL even lower than it was for last few weeks before all that.
I believe in both ZEN and ZCL but i think that ZCL is going to hit a bottom one or two times more before it's going to go up.

I don't believe ZCL has much upside in the short term. From what I can tell, there isn't even any active development. I'm not certain about that though, so please correct me if I'm wrong.

You are right it's doesn't matter what people/devs of zen speak .... zcl it's over, it's dead with no devs . 

No dev ? What about thé Guy who left zen for zcl?
newbie
Activity: 52
Merit: 0
ocminer,
I'm getting a lot of "connect ETIMEDOUT 37.187.24.170:443"  on zen.suprova.cc

I'm also getting 502 or long connect times on zen.sup.rnova.cc

under attack again?

No but I've changed the IP recently, maybe a DNS refresh helps you.

zen.sup.rnova.cc seems like a good consistent response now.
zen.suprnova.cc is still hit or miss.  From a linux vps at digital ocean in NY.
hero member
Activity: 1078
Merit: 507
Hello,

We were sorry that http://pool.miningspeed.com was offline for a few days.
We suffered from a major DDOS attack, like other big pools did.
And while we were implementing things to harden up of this attack, our server went stale..
We were forced to put a backup back..


But we are proud to tell you here we are back.
We splitted the frontend and backend, for future ddos attacks..

so existing miners:  change your pool adress to mining.miningspeed.com

We hope to welcome you all back!
full member
Activity: 280
Merit: 100
Just Believe in trusted/transparents Proyects
I think, despite all the issues ZEN has right now it's a good investment. I would like to compare to ETH after DAO hack, when price crashed.
Some people panic sold and lost a lot of money and others decided to hold because they believed in project.
I like the idea of ZEN and the team so for me there is no doubt it's going to be a success.
Maybe you're right, but damage is done and this price is just a indicator of trust level.
Correction made after that dump is not sustainable and now creates false hopes. I will wait for a while to see what will happen but so far ZCL slowly becoming a winner of this game.

I also thought so, but as we see now the price of ZCL even lower than it was for last few weeks before all that.
I believe in both ZEN and ZCL but i think that ZCL is going to hit a bottom one or two times more before it's going to go up.

I don't believe ZCL has much upside in the short term. From what I can tell, there isn't even any active development. I'm not certain about that though, so please correct me if I'm wrong.

You are right it's doesn't matter what people/devs of zen speak .... zcl it's over, it's dead with no devs . 
legendary
Activity: 2646
Merit: 2842
Shitcoin Minimalist
I think, despite all the issues ZEN has right now it's a good investment. I would like to compare to ETH after DAO hack, when price crashed.
Some people panic sold and lost a lot of money and others decided to hold because they believed in project.
I like the idea of ZEN and the team so for me there is no doubt it's going to be a success.
Maybe you're right, but damage is done and this price is just a indicator of trust level.
Correction made after that dump is not sustainable and now creates false hopes. I will wait for a while to see what will happen but so far ZCL slowly becoming a winner of this game.

I also thought so, but as we see now the price of ZCL even lower than it was for last few weeks before all that.
I believe in both ZEN and ZCL but i think that ZCL is going to hit a bottom one or two times more before it's going to go up.

I don't believe ZCL has much upside in the short term. From what I can tell, there isn't even any active development. I'm not certain about that though, so please correct me if I'm wrong.
legendary
Activity: 2688
Merit: 1240
ocminer,
I'm getting a lot of "connect ETIMEDOUT 37.187.24.170:443"  on zen.suprova.cc

I'm also getting 502 or long connect times on zen.sup.rnova.cc

under attack again?

No but I've changed the IP recently, maybe a DNS refresh helps you.
newbie
Activity: 40
Merit: 0
No bug... published error/exploit for replay transactions was disclosed and Bittrex is in Maintenance Mode to secure the coins.

ZEN is the most profitable... because per calc and rate it IS THE MOST PROFITABLE. It fluctuates though.

If it helps anyone else... I put all my Nvidia miners back on ZEN and have been collecting as fast as I can without issue. Local wallet filling up nicely. I will have enough to run a secure node in a couple more days.

How many Zen will be required to run a secure node?

42 zen
legendary
Activity: 2646
Merit: 2842
Shitcoin Minimalist
No bug... published error/exploit for replay transactions was disclosed and Bittrex is in Maintenance Mode to secure the coins.

ZEN is the most profitable... because per calc and rate it IS THE MOST PROFITABLE. It fluctuates though.

If it helps anyone else... I put all my Nvidia miners back on ZEN and have been collecting as fast as I can without issue. Local wallet filling up nicely. I will have enough to run a secure node in a couple more days.

How many Zen will be required to run a secure node?
newbie
Activity: 12
Merit: 20
newbie
Activity: 10
Merit: 0
ocminer,
I'm getting a lot of "connect ETIMEDOUT 37.187.24.170:443"  on zen.suprova.cc

I'm also getting 502 or long connect times on zen.sup.rnova.cc

under attack again?
how to mine zencash plz inform me
newbie
Activity: 52
Merit: 0
ocminer,
I'm getting a lot of "connect ETIMEDOUT 37.187.24.170:443"  on zen.suprova.cc

I'm also getting 502 or long connect times on zen.sup.rnova.cc

under attack again?
member
Activity: 84
Merit: 10
why does ZEN show up as the most profitable coin right now?

You mean for mining?

yeah? where can i sell it?
Bts built-in DEX, hoping to help you
sr. member
Activity: 379
Merit: 250
Where do I find the Zen wallet?
hero member
Activity: 630
Merit: 500
No bug... published error/exploit for replay transactions was disclosed and Bittrex is in Maintenance Mode to secure the coins.

ZEN is the most profitable... because per calc and rate it IS THE MOST PROFITABLE. It fluctuates though.

If it helps anyone else... I put all my Nvidia miners back on ZEN and have been collecting as fast as I can without issue. Local wallet filling up nicely. I will have enough to run a secure node in a couple more days.
newbie
Activity: 40
Merit: 0
Can you already deposit in bittrex?
Zen does not appear in bittrex

Yeah they have a bug with their wallet it should be back soon I think you can still sell at tradesatoshi
sr. member
Activity: 379
Merit: 250
Can you already deposit in bittrex?
Zen does not appear in bittrex
newbie
Activity: 40
Merit: 0
why does ZEN show up as the most profitable coin right now?

You mean for mining?

yeah? where can i sell it?

On bittrex but it s awesome you should hold it
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