Topic: Zerozed Project [x0z] | Zero-Zed Diffusion of Innovations Block Reward Algorithm - page 2. (Read 19962 times)

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Stratum configuration to mine Zerozed:

-a scrypt -o stratum+tcp://stratum.my2coins.com:3669 -u -p c=X0Z

For support contact us on Discord: https://discord.gg/EHqWSgS

I don't think your correct here faucets are very worthy to engage with new users I think it's a valid and good idea No one complained when bitcoin was worth peanuts and faucets were throwing out crazy amounts of coins.

Put it this way for very little effort now you may just be getting in on something very different to most coins out there.

Good work Calem good to see a faucet again!

Well that's a bit harsh coming from a senior member.

You of all people should know that price isn't indicative of value when it comes to alt's with radical new ideas. Especially when one of the effects of the inflation model we use is making sure that it's cheaper to mine, as opposed to buy even at 1 sat, for ~50% of its initial inflation cycle.

We aren't like your normal alt project that will die with a marketwide crash.

In 3 years, our real work with Zerozed begins.

Retargeting inflation, for decades into the future as opposed to years, whilst knowing everything that we've learned preceding...

We don't really want people to buy Zerozed...

For our first 5 years, we just want to bootstrap a community and distribute the initial 25M like it was a long drawn out "fair launch". From there, we will need to retarget to the billions of coins for roughly the year 2050, which will be like the first inflation period and follow another Diffusion of Innovations based subsidy minting schedule.

This means that those mining all the coins right now, will be a "drop in the ocean" when the latter half of society has adopted crypto as a whole.

I could go on about the implications of all this but the bottom line for investors is that this model incentives the founders and devs to do their job and make the project a success before they would be able to sell any of their bags... It's a superior model than the IEO/ICO/STO funding systems been tried to date.

So yeah. Anyone OG in the space should know that Zerozed is infinitely cheaper to mine and that the incentives are in place to collaborate and work together with small increments of hashing power over time as opposed to trying to dominate the network as much as possible at the start to acquire the majority of coins only to dump it on the network...


Satoshi failed at 2 main things with Bitcoin.

The competitive based incentive model and the block reward halving model. This makes for an extremely volatile economy when you apply basic supply and demand mechanics.

We are offering something dramatically different to 99% of mineable crypto currencies. A collaborative based incentive model enabled by inflationary policy that works in the real world....

#EndTheHalving #MakeCryptoCheapAgain

It's too late launch coin faucet when you are worthless, 1 x0z only worth 1 satoshi it was just a waste of time and only mbuang sweat that does not produce anything. After all this thread is empty of visitors and you only talk that is not important.

Update on coin-mining.eu

Any professional miner can tell you that it's infinitely cheaper and more economic right now to mine zerozed by contributing a small amount of hash over a long amount of time.

The incentive and inflation models are vastly different to BTC and considering the current climate, we wont see Zerozed be worth buying until our inflation rate begins to cool in 8 months. We also need to wait out the halving that will probably send the market into a flux xD

Zerozed is not a 1 year project. It is not a 5 year project. This is the culmination of my life's work.

I've been developing the models behind x0z in my head since I watched bitcoin crash from $20 to $2.

I've been hard at work since 2013 doing what I can where I can whilst working on what became Zerozed.

I will not stop till I'm either frozen like Hal, or it's 2050 and we've finally evolved society to the point where the concept of money is no longer relevant to society outside of been a relic of the past in which to learn about how truly primitive we use to be.

The hope is that Zerozed will stay as cheap and stable as possible in order to absorb the coming catastrophic loss of value that will occur when BTC crashes and regains ~90% dominance again.

I see this Zerozed already over 1 year running since this thread created, I hope x0z have better price soon. Not to become a fun coin that only be collection and for fun minning, I can't say like it.

When I wrote our "paper" that Newton published, there was a lot that I didn't know how to put into words yet. Since, i've done a crash course on Khan and I think I have something that might use let me say, better language, to explain what I have in my head.

Still very impressed with your work calem been keeping a eye on your project I hope more people take the time to actually look over the model you have it's very impressive.

Keep up the good work!   

Sorry I didn't get back to you here. I'm pretty sure I @'d you on twitter but in case you missed it...

Our community manager had an x0z receiving address on their subdermal but it is no where near as advanced as what Tobias is working on for Bitcoin Cash.

Hey thank you so much! Sorry it took me this long to get back to you here. I really should try stay on top of our ANN more often.

Drop me an x0z address so I can send some to say thanks!

Cheers ahy. Still a very long way to go yet but I'm comfortable with our current pace.

Been spending a bit of time trying to help out BCH.

Pushing to get a hold of their upcoming nfc cards so I can subdermalise it and show it off at the meetups.

Hopefully this could lead to me been able to have the same thing developed for zerozed.

https://twitter.com/CalemJohnSmith/status/1215212165818306560

I came by chance to your currency, all due to your tweet to a Bcash developer who managed to make a smart card for signature transactions without the issues associated with that type of implementation.

In your mention you said that one of the developers of your currency made a similar implementation with a subdermal NFC, if so, Is there any possibility that the implementation is open source?

Btw, interesting experiment.

sources:
https://twitter.com/TobiasRuck/status/1193901505088311297
https://twitter.com/CalemJohnSmith/status/1194008472011997184
https://coinspice.io/news/developer-announces-smart-card-that-produces-bitcoin-cash-signatures-card-to-phone/

Sent some coin. Cheers for jumping on board!

Hi Dev, I installed the wallet and added the nodes ..

addnode 104.248.147.25 add

addnode 104.248.157.179 add 

after a while it updated quickly, too bad that only 2 Moonlanders as miners 



my address  CYgZQpaSHC8jHkAWV5kDS2TobZNfGu7VhD

Thank you! It was the community that pulled it off though.

Honestly I'm really excited for this but i've been pretty busy so i've not had time to promote the listing unfortunately.

Hopefully this is the first of many coinmarketcap.com listed exchanges that pair us!

And a massive thank you to c-patex for the opportunity.

I don't think there has been enough excitement around X0Z getting listed on C-PATEX!  Amazing job all and hopefully it sees a boost in all aspects of the project.