Topic: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency - page 4. (Read 243401 times)
July 20, 2017, 08:38:12 AM
How can I become a masternode operator? I understand it isn't implemented yet, but will I just need a certain amount of zen to qualify or will I have to sign up?
July 20, 2017, 08:38:03 AM
Am a little bit skeptical here, Please what is the difference between zchash and zencash? I have some few zcash on bittrex and I need to know if it necessary for me to convert/sell it fo zencash
No, they're two different coins.
ZEC (ZCash) --> Forked to ZCL (ZClassic) --> Forked to ZEN (ZENcash)
Thanks and best regards.
July 20, 2017, 04:34:11 AM
I signed up on Bittrex, but their shapeshifting service is under maintenance. Changelly or shapeshit.io don't offer ZEN, either. Any other sources?
I confirm you that it's working on Bittrex right now 
July 20, 2017, 04:27:24 AM
I signed up on Bittrex, but their shapeshifting service is under maintenance. Changelly or shapeshit.io don't offer ZEN, either. Any other sources?
As i can see depositing of Zen's works, trading is alive..Im not sure where is the problem? shapeshift.io doesn't support ZEN for now. This will probably be changed over time.Try also this exchanges.
TradeSatoshi - https://www.tradesatoshi.com/Exchange?market=ZEN_BTC/
CryptoDAO - https://cryptodao.com/
July 20, 2017, 02:52:42 AM
I want to buy a laptop, based on ubuntu, mainly to be a ZEN VPS (but also used for travel, like watch movies and stuff like that)
What will be enough for it ? I don't want overpay for nothing... i3, i5 ? 2mb, 4mb ? etc etc.
Like, a lenovo thinkpad T400 can be way enough i guess ?
Thanks.
What will be enough for it ? I don't want overpay for nothing... i3, i5 ? 2mb, 4mb ? etc etc.
Like, a lenovo thinkpad T400 can be way enough i guess ?
Thanks.
Travel will lower its availability. I think most people would say that this node isnt as good as others, that are 100% available and payouts would be less. Just my 2 cents. Get a dedicated server maybe. My i7 3770, 3TB, 16GB is 30€/month
July 20, 2017, 01:34:32 AM
dev team are the same people who did zclassic and quit doing at half of the road? correct me if I'm wrong
July 20, 2017, 01:34:15 AM
I am mining and buying only ZEN at the moment.
Why?
1. Because I was long time holder of darkcoin/DASH from the early beginning and I am recognizing now the very similar situation with ZEN. (you can see my history on btctalk as well from 2014.)
2. Plans for masternodes (MNs) are much more improved in terms to DASH and only 42 coins would be necessary to run them, so I am advising you to buy/mine at least that amount.
3. Since MNs are going to need more resources then DASH MN and only 3.5% will be profit stream distributed to MNs, I am assuming that price must be much higher of a coin in order to sustain the costs.
Example :
Every month around 200 000 new coins are being mined
3.5% from 200 000 coins are going to be distributed to MNs total around 7000 coins
If they plan to have between 1000 to 5000 MNs as a enough security layer then income for future MNs would looks like:
1000 MNs ..... 7 ZEN per MNs per month
3000 MNs ..... 2.33 ZEN per MNs per month
5000 MNs ..... 1.4 ZEN per MNs per month
If we follow DASH path, I am thinking at least 5000 MNs will be put in place to run!
You can calculate yourself what price of ZEN has to be in order to run MN!
My projection is at least 20 USD ... most likely in the first year 50 USD.
Don't miss this great opportunity!
Why?
1. Because I was long time holder of darkcoin/DASH from the early beginning and I am recognizing now the very similar situation with ZEN. (you can see my history on btctalk as well from 2014.)
2. Plans for masternodes (MNs) are much more improved in terms to DASH and only 42 coins would be necessary to run them, so I am advising you to buy/mine at least that amount.
3. Since MNs are going to need more resources then DASH MN and only 3.5% will be profit stream distributed to MNs, I am assuming that price must be much higher of a coin in order to sustain the costs.
Example :
Every month around 200 000 new coins are being mined
3.5% from 200 000 coins are going to be distributed to MNs total around 7000 coins
If they plan to have between 1000 to 5000 MNs as a enough security layer then income for future MNs would looks like:
1000 MNs ..... 7 ZEN per MNs per month
3000 MNs ..... 2.33 ZEN per MNs per month
5000 MNs ..... 1.4 ZEN per MNs per month
If we follow DASH path, I am thinking at least 5000 MNs will be put in place to run!
You can calculate yourself what price of ZEN has to be in order to run MN!
My projection is at least 20 USD ... most likely in the first year 50 USD.
Don't miss this great opportunity!
I totally agree man, it's just an interesting idea though that we have to base the master nodes success on a price level to make it worth while. Price targets for profitability are great, but it doesn't sound like a business plan, more like a hurdle. I fully believe in zen and it's ability to make it over the hurdle, and so I'm holding and accumulating like you. It's just that we should be aware that this master node profitability/price range finally gives us a means of valuing a coin as over or under valued.
July 19, 2017, 06:53:05 PM
I want to buy a laptop, based on ubuntu, mainly to be a ZEN VPS (but also used for travel, like watch movies and stuff like that)
What will be enough for it ? I don't want overpay for nothing... i3, i5 ? 2mb, 4mb ? etc etc.
Like, a lenovo thinkpad T400 can be way enough i guess ?
Thanks.
What will be enough for it ? I don't want overpay for nothing... i3, i5 ? 2mb, 4mb ? etc etc.
Like, a lenovo thinkpad T400 can be way enough i guess ?
Thanks.
July 19, 2017, 05:26:39 PM
ZenCash Official Swing Wallet for Mac is released. This has a .dmg available for download:
https://github.com/vaklinov/zencash-swing-wallet-ui/blob/master/docs/Release_0.71.4.md
Reference:
ZenCash Website – https://zensystem.io
ZenCash Blog – https://blog.zensystem.io
ZenCash Github – https://github.com/ZencashOfficial
ZenCash Forum – https://forum.zensystem.io
ZenCash Slack – https://slackinvite.zensystem.io
ZenCash Twitter – @ZenCashOfficial
ZenCash Telegram – https://t.me/zencash
ZenCash on Bitcointalk – https://bitcointalksearch.org/topic/annzen-zencash-permanent-distributed-and-fully-anonymous-cryptocurrency-1819977
ZenCash YouTube Channel – https://www.youtube.com/channel/UCQ0v_lUnZHIKUQUXJzfgqOg
ZenCash Facebook Page – https://www.facebook.com/zencash/
ZenCash Blog on Medium – https://medium.com/zencash
Buy or Sell ZenCash
ZenCash on CoinMarketCap – https://coinmarketcap.com/currencies/zencash/
ZenCash on Bittrex – https://bittrex.com/Market/Index?MarketName=BTC-ZEN
ZenCash on TradeSatoshi – https://www.tradesatoshi.com/Exchange?market=ZEN_BTC
ZenCash on CryptoDAO – https://cryptodao.com/
https://github.com/vaklinov/zencash-swing-wallet-ui/blob/master/docs/Release_0.71.4.md
Reference:
ZenCash Website – https://zensystem.io
ZenCash Blog – https://blog.zensystem.io
ZenCash Github – https://github.com/ZencashOfficial
ZenCash Forum – https://forum.zensystem.io
ZenCash Slack – https://slackinvite.zensystem.io
ZenCash Twitter – @ZenCashOfficial
ZenCash Telegram – https://t.me/zencash
ZenCash on Bitcointalk – https://bitcointalksearch.org/topic/annzen-zencash-permanent-distributed-and-fully-anonymous-cryptocurrency-1819977
ZenCash YouTube Channel – https://www.youtube.com/channel/UCQ0v_lUnZHIKUQUXJzfgqOg
ZenCash Facebook Page – https://www.facebook.com/zencash/
ZenCash Blog on Medium – https://medium.com/zencash
Buy or Sell ZenCash
ZenCash on CoinMarketCap – https://coinmarketcap.com/currencies/zencash/
ZenCash on Bittrex – https://bittrex.com/Market/Index?MarketName=BTC-ZEN
ZenCash on TradeSatoshi – https://www.tradesatoshi.com/Exchange?market=ZEN_BTC
ZenCash on CryptoDAO – https://cryptodao.com/
July 19, 2017, 03:08:25 PM
How can I buy ZEN in Europe? Kraken only sells Zcash, but I don't think it's possible to convert it to ZEN anymore?
You can open account on Bittrex, presuming you want to sell your Zcash and buy ZEN?Just deposit Zcash on Bittex sell it and buy ZEN : https://www.bittrex.com/Market/Index?MarketName=BTC-ZEN
Then you can download wallet https://github.com/vaklinov/zencash-swing-wallet-ui and place your precious coins there.
I don't have Zcash.
Bittrex is US-based. Is there anything in Europe, or a service converting BTC to ZEN?
What's wrong with a US-based exchange? They don't need you to be verified unless you're dealing with fiat or a BIG amount of crypto. Just open a free account and exchange BTC for ZEN.
If not, I can help you with that. I have account on Bittrex. I will do it for free; however if you need to hire an escrow, you need to pay the escrow fees.
I signed up on Bittrex, but their shapeshifting service is under maintenance. Changelly or shapeshit.io don't offer ZEN, either. Any other sources?
July 19, 2017, 02:43:24 PM
What is better for mining, ZCL or ZEN?
ZCL is better. I have just looked up the mining comparison and I see that zCL is still better than ZEN. However, I suggest to hold your coin once you are able to mine them because I believe that in the future they will be pumped and the price will be higher than people expect July 19, 2017, 02:21:14 PM
Why has the price on Bittrex been so flat in July?
July 19, 2017, 01:46:51 PM
I am confused again .. Swing wallet doesnt have an update . Is it a problem to store coins at swing wallet ?
Is it a problem to store the coins in bittrex ? Some says yes some says no ?
Is it a problem to store the coins in bittrex ? Some says yes some says no ?
To be on the safe side, don't keep it on Bittrex. Doesn't matter if you don't trade for few days, right?
On desktop, no matter what wallet you use, just export the private keys so that you can import them in any wallet in future.
July 19, 2017, 01:17:21 PM
I am confused again .. Swing wallet doesnt have an update . Is it a problem to store coins at swing wallet ?
Is it a problem to store the coins in bittrex ? Some says yes some says no ?
Is it a problem to store the coins in bittrex ? Some says yes some says no ?
July 19, 2017, 12:06:39 PM
Sorry, but doesn't look very promising
Says the newbie who knows nothing about cryptos or Zencash. Zencash is an improved, decentralized zcash.
July 19, 2017, 11:35:49 AM
Is the compiled wallet available yet?
For Windows there is 0.0.9 available since ~ 20h - i did update today from 0.0.7 to 0.0.9 without any issues
July 19, 2017, 11:33:14 AM
Mandatory software upgrade schedule for this Friday ~14:00 EDT (18::00 UTC) at block 139,200
Here's the blog post, but updates include:
Make sure to update your nodes by Friday! Here's How to Upgrade Your ZenCash Software.
Here's the blog post, but updates include:
- Bug fixes on P2SH multisig addresses to make them compatible with replay protection.
- Upping the community funding to 12% of block rewards, adding the 3.5% secure node rewards to the current 8.5% pool. These funds will be held in escrow until the secure node network goes live.
- Swapping out old community fund addresses for new ones.
- New DNS seeders for improved network discovery.
- Changing the requirement for community fund UTXO to first be sent to z_addresses. These funds will still all be sent through z_addresses before being spent to preserve fungibility, but requiring it in the first step limits multisig security.
Make sure to update your nodes by Friday! Here's How to Upgrade Your ZenCash Software.
In reference to the Hard Fork upgrade @finpunk mentioned above, please upgrade the your ZenCash wallet to the new version Zen 2.0.9-4 available at https://github.com/ZencashOfficial/zen before Friday this week at 11 am Pacific time.
New binaries are being compiled and packaged with new versions of the ZenCash Swing Wallet and Eleos wallet and will be available soon.
Is the compiled wallet available yet?
July 19, 2017, 11:20:02 AM
Looks nice, they work hard
July 19, 2017, 11:03:59 AM
July 19, 2017, 10:13:10 AM
ZenCash Hard Fork info
Quote
ZenCash Hard Fork at Block 139,200 on Friday July 21th 14:00 EDT
Software updates that have been in testing since July 9th are now ready to be activated via hard fork this Friday at block 139,200 ~14:00 EDT (18:00 UTC). To recap, here’s what’s changing:
Bug fixes on P2SH multisig addresses to make them compatible with replay protection.
Upping the community funding to 12% of block rewards, adding the 3.5% secure node rewards to the current 8.5% pool. These funds will be held in escrow until the secure node network goes live.
Swapping out old community fund addresses for new ones.
New DNS seeders for improved network discovery.
Changing the requirement for community fund UTXO to first be sent to z_addresses. These funds will still all be sent through z_addresses before being spent to preserve fungibility, but requiring it in the first step limits multisig security.
Here’s How to Upgrade Your ZenCash Software. This is a mandatory upgrade that must be done before block 139,200, which will occur around 14:00 EDT on Friday the 21st.
The ZenCash development team is working hard to continuously improve our system. Many thanks to @lpsun, @anarch3, @lukas, @cronic, and @smrtz getting this ready and for all the hard work in #developers testing!
Software updates that have been in testing since July 9th are now ready to be activated via hard fork this Friday at block 139,200 ~14:00 EDT (18:00 UTC). To recap, here’s what’s changing:
Bug fixes on P2SH multisig addresses to make them compatible with replay protection.
Upping the community funding to 12% of block rewards, adding the 3.5% secure node rewards to the current 8.5% pool. These funds will be held in escrow until the secure node network goes live.
Swapping out old community fund addresses for new ones.
New DNS seeders for improved network discovery.
Changing the requirement for community fund UTXO to first be sent to z_addresses. These funds will still all be sent through z_addresses before being spent to preserve fungibility, but requiring it in the first step limits multisig security.
Here’s How to Upgrade Your ZenCash Software. This is a mandatory upgrade that must be done before block 139,200, which will occur around 14:00 EDT on Friday the 21st.
The ZenCash development team is working hard to continuously improve our system. Many thanks to @lpsun, @anarch3, @lukas, @cronic, and @smrtz getting this ready and for all the hard work in #developers testing!
Jump to: