Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 98. (Read 161948 times)
September 27, 2016, 06:16:54 AM
The same as Bitcoin - 21 Million.
September 27, 2016, 06:10:20 AM
is there any countdown for the launch?
September 27, 2016, 05:26:57 AM
That price from exchange ( https://www.bitmex.com), is real? release date? any wallet? miner?
just a "future"... i wouldnt take it. remember lisk tokens? waves tokens? they all have achieve 0.02 (waves 0.04) and look at the price now.
PS: i know the difference in those tokens and this bitmex future, but still something similar.
As supply steps up, the price will level out.
September 26, 2016, 09:57:49 PM
That price from exchange ( https://www.bitmex.com), is real? release date? any wallet? miner?
just a "future"... i wouldnt take it. remember lisk tokens? waves tokens? they all have achieve 0.02 (waves 0.04) and look at the price now.
PS: i know the difference in those tokens and this bitmex future, but still something similar.
September 26, 2016, 09:54:11 PM
10000% premine
WalletBiulders coin
shame on you dev.
we still need pool though
someone get OC, quick!
WalletBiulders coin
shame on you dev.
we still need pool though
someone get OC, quick!
what are you saying bro?? please read previous post or visit to official site or the forum for more information.
September 26, 2016, 09:04:44 PM
10000% premine
WalletBiulders coin
shame on you dev.
we still need pool though
someone get OC, quick!
WalletBiulders coin
shame on you dev.
we still need pool though
someone get OC, quick!
what are you saying bro?? please read previous post or visit to official site or the forum for more information.
September 26, 2016, 08:04:30 PM
That price from exchange ( https://www.bitmex.com), is real? release date? any wallet? miner?
September 26, 2016, 01:37:46 AM
10000% premine
WalletBiulders coin
shame on you dev.
we still need pool though
someone get OC, quick!
WalletBiulders coin
shame on you dev.
we still need pool though
someone get OC, quick!
September 26, 2016, 12:35:48 AM
any news GPU miner?or this coin not mineable?
September 25, 2016, 04:43:16 PM
Just a footnote here,,,,
no windows support for 1.0 version, only Linux support, but will be on next version release... so, however you can run a VM with Linux etc. but what a hassle lol By the time the 2nd version releases with windows support, all the early bird specials will be gone
Please correct me if I am wrong on this or there is Windows support in time for launch...
Guess ill be brushing up on Ubuntu
Edit: OC, do you know if there is or will be a Windows miner software available for pool mining? I don't want to misunderstand anything that I have read
no windows support for 1.0 version, only Linux support, but will be on next version release... so, however you can run a VM with Linux etc. but what a hassle lol By the time the 2nd version releases with windows support, all the early bird specials will be gone
Please correct me if I am wrong on this or there is Windows support in time for launch...
Guess ill be brushing up on Ubuntu
Edit: OC, do you know if there is or will be a Windows miner software available for pool mining? I don't want to misunderstand anything that I have read
AFAIK there will be miners available for all platforms, it depends a bit on the contest if someone will publish the miner or not, but it's very likely with a bounty of $30k
Here some Info about the Reward Structure which I've just added to the OP as well:
REWARD STRUCTURE:
2.5 minute block times, 12.5 ZEC per block
(so the same 50 ZEC per 10 minutes as Bitcoin)
- During the first four years, 80% goes to miners and 20% to Founders' Reward (so miners get 10 ZEC per block for first four years, then 6.25 ZEC, and then halving after)
- During the first ~month, the block reward ramps up linearly from 0.005(ish?) ZEC to 12.5 ZEC
(the mining slow start)
so this will be pretty hard to mine
Please keep us posted as things develop, (links etc.) especially for any windows miners
ATM this my only source of info leading up to launch. So will be checking in daily for the next 30 days lol
September 25, 2016, 12:30:27 PM
As it stands, the developers are taking 20% of the coins generated from every block for the first four years of mining. That's effectively the same thing as a premine. It's completely unacceptable. The developers should mine like everyone else, rather than just stealing coins from those who are mining.
September 25, 2016, 12:18:12 PM
Doubt a premine like this can be successful. I think the outcome will be similar to what happened with Bytecoin/Monero. Once the community figured out what happened (Bytecoin was premined), they made a fork (Monero). If the Zcash team wants to take 20% of the coins, that's fine. They can have their worthless premined Zcash, while the value will instead go to the fairly launched fork.
I prefer ico than big proportion premine, the dev team is so rich, why they premine so much? They should have an ico.
There is no premine. (Unless there is a hidden premine)
September 25, 2016, 12:09:08 PM
Doubt a premine like this can be successful. I think the outcome will be similar to what happened with Bytecoin/Monero. Once the community figured out what happened (Bytecoin was premined), they made a fork (Monero). If the Zcash team wants to take 20% of the coins, that's fine. They can have their worthless premined Zcash, while the value will instead go to the fairly launched fork.
I prefer ico than big proportion premine, the dev team is so rich, why they premine so much? They should have an ico.
September 25, 2016, 12:02:26 PM
Doubt a premine like this can be successful. I think the outcome will be similar to what happened with Bytecoin/Monero. Once the community figured out what happened (Bytecoin was premined), they made a fork (Monero). If the Zcash team wants to take 20% of the coins, that's fine. They can have their worthless premined Zcash, while the value will instead go to the fairly launched fork.
September 25, 2016, 11:54:47 AM
finally found it, searching infos and spesifications of this coin is kinda hard, sorry for asking you about this in another thread.
September 25, 2016, 09:50:54 AM
My guess is that the current profitability of this coin will be similar to XMR.
Investors priced this coin at $15 a coin, the 0.08BTC/ZEC we are seeing at that Future exchange is way off.
So 7200 Coins a day, 5760 goes off to the miners -> $86,400 daily miners reward, similar to XMR. It might reduce the ETH difficulty by about 10-15%.
Investors priced this coin at $15 a coin, the 0.08BTC/ZEC we are seeing at that Future exchange is way off.
So 7200 Coins a day, 5760 goes off to the miners -> $86,400 daily miners reward, similar to XMR. It might reduce the ETH difficulty by about 10-15%.
So expensive?? But zcash is not massive adoption so far, while some dark net markets have already accepted monero payment, monero is better on adoption
September 25, 2016, 09:47:53 AM
My guess is that the current profitability of this coin will be similar to XMR.
Investors priced this coin at $15 a coin, the 0.08BTC/ZEC we are seeing at that Future exchange is way off.
So 7200 Coins a day, 5760 goes off to the miners -> $86,400 daily miners reward, similar to XMR. It might reduce the ETH difficulty by about 10-15%.
Investors priced this coin at $15 a coin, the 0.08BTC/ZEC we are seeing at that Future exchange is way off.
So 7200 Coins a day, 5760 goes off to the miners -> $86,400 daily miners reward, similar to XMR. It might reduce the ETH difficulty by about 10-15%.
September 25, 2016, 06:27:56 AM
Trade zcash before launch.
https://www.bitmex.com/app/trade/ZECZ16
https://coins.newbium.com/post/1930-trade-zcash-before-launch
https://www.bitmex.com/app/trade/ZECZ16
https://coins.newbium.com/post/1930-trade-zcash-before-launch
before launch?? is there testnet zcash? it is no value, according to zcash website.
remember yobit lisk and yobit waves? something like..
trade future price is a messy thing.
yes, iou trading sucks, and the price is generally overvalued, zcash price is 0.08? WTF, lmao. No people will buy this when the real zcash launch.
Or perhaps the slow start to mining and the exceptional interest in the BitMEX futures market will make for a vertical take off. Many people have been waiting a long time for this coin.
Is Bitmex planning to mine when Zcash is launched in order to honor those IOUs ?
They are futures not IOUs. Different things.
What's the difference? Bitmex still has to deliver on the futures contract with actual ZEC after launch, right? Do they plan on mining?
September 25, 2016, 05:36:44 AM
Trade zcash before launch.
https://www.bitmex.com/app/trade/ZECZ16
https://coins.newbium.com/post/1930-trade-zcash-before-launch
https://www.bitmex.com/app/trade/ZECZ16
https://coins.newbium.com/post/1930-trade-zcash-before-launch
before launch?? is there testnet zcash? it is no value, according to zcash website.
remember yobit lisk and yobit waves? something like..
trade future price is a messy thing.
yes, iou trading sucks, and the price is generally overvalued, zcash price is 0.08? WTF, lmao. No people will buy this when the real zcash launch.
Or perhaps the slow start to mining and the exceptional interest in the BitMEX futures market will make for a vertical take off. Many people have been waiting a long time for this coin.
Is Bitmex planning to mine when Zcash is launched in order to honor those IOUs ?
They are futures not IOUs. Different things.
September 25, 2016, 05:20:28 AM
Just a footnote here,,,,
no windows support for 1.0 version, only Linux support, but will be on next version release... so, however you can run a VM with Linux etc. but what a hassle lol By the time the 2nd version releases with windows support, all the early bird specials will be gone
Please correct me if I am wrong on this or there is Windows support in time for launch...
Guess ill be brushing up on Ubuntu
Edit: OC, do you know if there is or will be a Windows miner software available for pool mining? I don't want to misunderstand anything that I have read
no windows support for 1.0 version, only Linux support, but will be on next version release... so, however you can run a VM with Linux etc. but what a hassle lol By the time the 2nd version releases with windows support, all the early bird specials will be gone
Please correct me if I am wrong on this or there is Windows support in time for launch...
Guess ill be brushing up on Ubuntu
Edit: OC, do you know if there is or will be a Windows miner software available for pool mining? I don't want to misunderstand anything that I have read
AFAIK there will be miners available for all platforms, it depends a bit on the contest if someone will publish the miner or not, but it's very likely with a bounty of $30k
Here some Info about the Reward Structure which I've just added to the OP as well:
REWARD STRUCTURE:
2.5 minute block times, 12.5 ZEC per block
(so the same 50 ZEC per 10 minutes as Bitcoin)
- During the first four years, 80% goes to miners and 20% to Founders' Reward (so miners get 10 ZEC per block for first four years, then 6.25 ZEC, and then halving after)
- During the first ~month, the block reward ramps up linearly from 0.005(ish?) ZEC to 12.5 ZEC
(the mining slow start)
so this will be pretty hard to mine
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