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Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 98. (Read 161687 times)

hero member
Activity: 616
Merit: 503
@Mansa_Godson
10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 Roll Eyes

LOL did you just randomly copy my post from the first page ?  Grin Grin

10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick! 

 Grin
legendary
Activity: 1792
Merit: 1000
is there any countdown for the launch?
I'm not sure about a countdown, but launch date is currently October 28th.
legendary
Activity: 1134
Merit: 1001
I know zcash is mineable only with cpu on linux . And the gpu miner is released in future .

But when the date to launch for mining ?

Thanks .
sr. member
Activity: 399
Merit: 250
The same as Bitcoin - 21 Million.
hero member
Activity: 546
Merit: 500
is there any countdown for the launch?
legendary
Activity: 1792
Merit: 1000
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.
Depending on if exchanges add  ZEC immediately on mining launch, I expect prices to be even more ridiculous for some time.

As supply steps up, the price will level out.
sr. member
Activity: 350
Merit: 250
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.
member
Activity: 111
Merit: 10
10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 Roll Eyes

what are you saying bro?? please read previous post or visit to official site or the forum for more information.
I believe it was a joke you did not understand.  Wink
hero member
Activity: 1083
Merit: 503
10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 Roll Eyes

what are you saying bro?? please read previous post or visit to official site or the forum for more information.
legendary
Activity: 977
Merit: 1011
That price from exchange ( https://www.bitmex.com), is real? release date? any wallet? miner?
full member
Activity: 132
Merit: 100
10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 Roll Eyes
newbie
Activity: 72
Merit: 0
any news GPU miner?or this coin not mineable?
legendary
Activity: 2198
Merit: 1000
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  Sad

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  Grin

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  Wink

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 Smiley


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
Hey thanks for the info OC!

Please keep us posted as things develop, (links etc.) especially for any windows miners  Cheesy

ATM this my only source of info leading up to launch. So will be checking in daily for the next 30 days lol  Smiley
sr. member
Activity: 243
Merit: 250
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.
member
Activity: 93
Merit: 10
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)
member
Activity: 100
Merit: 10
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.
sr. member
Activity: 243
Merit: 250
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.
hero member
Activity: 546
Merit: 500
finally found it, searching infos and spesifications of this coin is kinda hard, sorry for asking you about this in another thread.
member
Activity: 91
Merit: 10
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%.


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
legendary
Activity: 3738
Merit: 1708
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%.

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