Category Archives: Crypto Currency

Coin Mining : Zclassic

Zclassic is a fork of Zcash 1.0.1 with minimal changes except for 2 major things.

1. 20% Founders Reward is removed.
2. Slow start is removed (blocks start at 12.5 ZCL rewards per block).

Parameters:

PoW: Equihash
Halving rate: Every 4 years (same as Zcash and bitcoin).
Starting Block Reward: 12.5 coins every 2.5 minutes (Same as Zcash.  50 coins per 10 minutes, like Bitcoin).
Total eventual supply: 21,000,000 (21 million), as per Bitcoin (Unchanged from Zcash)
Difficulty adjustment algorithm: Digishield V3 (Unchanged from Zcash)
Difficulty adjusts each block (Unchanged from Zcash)
Symbol: ZCL (pronounced “ZICKLE” like “NICKEL”)

Trusted Parameters
Zcash (and Zclassic) relies on trust that a private key was destroyed.  If anyone poseses the private key, that person can mint unlimited coins for himself/herself.  Zcash designed a ceremony where 6 individuals each created a shard of a private key and destroyed it.  As long as all 6 individuals did not conspire and collude to share their shards, the private key is destroyed.  Here are mre details about the ceremony.
https://z.cash/blog/the-design-of-the-ceremony.html

Zclassic uses the exact same trusted parameters Zcash uses.  This is also what Peter Todd suggests:
https://www.reddit.com/r/ZClassic/comments/5bbpmr/we_should_invite_petertodd_to_our_trusted_setup/

Block explorer:
https://classic.zcha.in/
https://zclassic.31337.eu/insight/
https://cronicc.github.io/

Website:
http://zclassic.org

CoinMarketcap
http://coinmarketcap.com/currencies/zclassic/

WhatToMine
http://www.whattomine.com/coins/167-zcl-equihash

Source Code:
https://github.com/z-classic/zclassic

Reddit:
https://www.reddit.com/r/ZClassic/

Slack Invite (over 300 members):
http://zclassic.herokuapp.com/

Freenode IRC:
#zclassiccoin

Pools:
https://pool.mn/zclassic
https://www2.coinmine.pl/zcl
https://pool.cryptobanx.io/zcl/
https://zcl.suprnova.cc/
https://zclassic.miningpoolhub.com/

Exchanges:
https://www.cryptopia.co.nz/Exchange/?market=ZCL_BTC
https://c-cex.com/?p=zcl-btc
https://www.tradesatoshi.com/Exchange?market=ZCL_BTC
https://bittrex.com/Market/Index?MarketName=BTC-ZCL

Twitter Social Proof:
https://twitter.com/SatoshiLite/status/796058283312189440
https://twitter.com/zooko/status/795002870651322370

Medium:
https://decentralize.today/zcash-miners-stop-paying-20-genius-tax-486d9f40884f
https://decentralize.today/five-reasons-zcash-is-the-most-corporate-cryptocoin-youve-ever-seen-a77ac430b0e8

Announcements
[Pre Ann] https://bitcointalk.org/index.php?topic=1671125.msg16781376#msg16781376
https://twitter.com/HeyRhett/status/794773732933799936
https://twitter.com/HeyRhett/status/794799248759885825

Todo:
Windows Wallet
IOS / Android Wallet

Note from developer:
I started this work on my own, writing Medium articles and reaching out to people on Twitter because I believe the ZK-SNARK technology in Zcash is the future of money, but I couldn’t stomach the idea of it being taxed 20% by a small group of people.

To be honest, I never made an altcoin before.  I spent a week on my own obsessing over the Zcash code to see what could be done.  Soon after the Zcash launch, I submitted a pull-request to remove the Founder’s Reward, which was quickly closed:
https://github.com/zcash/zcash/pull/1714

When I found out SuprnovaPools had 51%+ mining power of Zcash, I reached out to them to use my fork:
https://twitter.com/HeyRhett/status/792787816329515009

After failing at those two approaches, on Halloween, I announced, “I’m forking Zcash with no 20% Founders Reward.  Ping me to help.  There won’t be any reward for helping.”
https://twitter.com/HeyRhett/status/793201219393105921

I offer my sincere apology to the community for people who feel they may have missed the announcement because there wasn’t enough advance notice.  I was reaching out to people, but I did not have the large exposure of a foundation with investors.

Now that the coin is live, most of what you see above is work done by the community.  This coin is almost 4 days old, and I’m amazed at what we’ve done so far.

Coin Mining : Goa Coin

GoaCoin (GOA) – an innovative and adaptive cryptocurrency,
released at the decentralized and advanced market.
Based on Dash, this is an improved version with Masternode technology,
almost instant and secure payments, as well as anonymous transactions.
Based on the general system of Proof of Work and Masternode, it is available to everyone,
it provides a fair and stable return on investment for GPU miners and owners of Masternode.

The main task is the addition of crypto currency to real life in the state of Goa, India.
Sellers of goods and services are interested in crypto currency.
Hotels, taxis, clubs, bars and restaurants, even sellers in the flea market are ready to accept crypto currency.
The implementation of GoaCoin in the real sector of the economy of the small state will be the main task for 2018.

WEB SITE :-

http://goaco.in

https://goacoin.be/

http://goa.altexplorer.co/

http://bsod.pw/explorer/GOA

http://pool.mineproject.ru/explorer/GOA

https://bigmine.org/ explorer / GOA

Title token: GoaCoin
symbol token: GOA
Algorithm: NeoScrypt
Total: 32,000,000 coin
type: PoW + MasterNodes
prefix Address: G
required for Masternode: 1000 GOA
average time block 2 minutes
Reward unit 15, annually will decrease by 12%
Distribution Awards:
Block <= 3000 – 1 GOA to Masternodes, 14 GOA to Miners
Block> 3000 – 5 GOA to Masternodes, 10 GOA to Miners
Block> 25000 – 7.5 GOA to Masternodes, 7.5 GOA to Miners
Block> 33000 – 15 GOA to Masternodes , 5 GOA to Miners
Confirmation time: ~ 5 seconds
Change in difficulty: Dark Gravity Wave
Transaction excellence: Anonymity with PrivateSend
Prein: 1.56%

https://github.com/goacoincore/goacoin/releases/tag/v0.12.1.6

http://pool.friends-master.net/

http://pool.mineproject.ru/

http://bsod.pw/

http://hashpool.eu/

https://blockfinder.guru/

http: // miningpool.shop/

https://stocks.exchange/trade/GOA/BTC

https://www.outletbit.com/market/71

https://jambtc.com/index/market/trade/currency/GOA_BTC

https: //wallet.crypto -bridge.org/market/BRIDGE.GOA_BRIDGE.BTC

https://cryptohub.online/market/GOA/

Our short-term plans:

Local wallets – ready
Website – under construction
Official Block Explorer – ready
Official Pool – soon
Addition to stock exchanges – in the
Bounty campaign process – soon
Android and iOS wallets – we are working on it
Web and paper wallets – we are working on it

Long-term plans:

First of all, we want the GoaCoin coin to become a real currency,
which can be used to buy goods and services first in Goa,
and better in all of India and around the world.
Our goal is to bring the coin to the point where it will be accepted easily, like cash.
Create your own trading platform for easy exchange with other coins and currencies.
Integration with payment systems.
We plan to register a company and conduct business on the territory of India legally, so this is required by law.

MASTERNODA CALCULATOR

https://masternodes.online/currencies/GOA/

https://www.crypto-coinz.net/master-node-calculator/

MAINING CALCULATOR

https://www.crypto-coinz.net/coin-info/ ? 47-GoaCoin-GOA-NeoScrypt-calculator /

SOCIAL MEDIA

https://discord.gg/34s9zdb

https://t.me/goacoin_group

https://t.me/goacoin

SERVICE

http://mnrank.com/

https://coincodex.com/crypto/goacoin/

Goacoin (GOA)

Elon Musk Reveals Personal Crypto Holdings

Elon Musk has revealed his personal cryptocurrency holdings. The billionaire CEO of SpaceX and Tesla told Twitter followers that he in fact has never purchased cryptocurrency, and only holds a small amount of Bitcoin gifted by a friend. The tweet was made in response to scam posts on Twitter claiming to be Mr Musk requesting Ethereum. It’s an issue that has plagued the Twitter network, with scammers impersonating blockchain figures such as Vitalik Buterin in attempts to steal users cryptocurrency. Twitter users are warned to never send cryptocurrency to anyone claiming to be hsoting a giveaway or event. Whilst the businessman may not own cryptocurrency, it was reported in 2016 that he was not against the technology. When appointed to Trump’s team of advisers he declared that Bitcoin was in fact a “good thing”, although he did not elaborate in great detail. Elon Musk’s lack of involvement with cryptocurrency is interesting, as decentralized technology firmly aligns with his professed aspirations for a better human society. Whether his involvement will change as blockchain technology develops remains to be seen.

Reference: https://www.ccn.com/elon-musk-reveals-personal-crypto-holdings/

India’s NASSCOM Partners With Blockchain Institute

I’ve said it before, and I’ll say it again, it seems that people either love cryptocurrency and blockchain or they hate it. There’s no in-between. There’s no Switzerland. It’s an all or nothing sort of deal. Earlier today, the U.K. Treasury Committee launched an inquiry into cryptocurrency and blockchain, stating that it will be looking into the risks and dangers open to consumers who use cryptocurrencies. Also announced today is that one of India’s most prominent tech industry organizations has partnered with the BRI, Blockchain Resource Institute. Why? To create a blockchain institute which will develop skill sets for blockchain adoption and usage in India. Pretty different compared to the U.K’s announcement, right? One country dislikes cryptocurrency and blockchain, the other loves it. Enough, at least, to partner with the BRI in order to help create a digital economy in India.

Reference: https://cryptocurrencynews.com/daily-news/bitcoin-news/nasscom-blockchain-institute/

Telegram ICO Raises $850 Million

Telegram closed its pre-sale ICO at record-breaking numbers. The team sent a document to the U.S. Securities and Exchange Commission (SEC) in which they claim that they have generated $850 million, so far. The SAFT backed ICO was aimed at major venture capital firms and other cryptocurrency whales. For putting money in early, these investors will receive discounts on the platform’s GRAM tokens. The public token sale is set for March and the team anticipates it will raise another $600 million more. However, that number may grow after the immediate success of the Telegram pre-sale. The messaging app was founded by Russian entrepreneurs Pavel and Nikolai Durov who banked on their social media company VKontakte. Telegram runs very similarly to WhatsApp but is said to be more secure. Its current business model currently makes no revenue, as Pavel Durov currently pays for all the app’s expenses via the $300 million made from their first social media company. Despite all the excitement around the mobile messaging application and the insane amount of money raised in its pre-ICO, some individuals remain unimpressed. There have been many critics that have questioned the app’s security in the past. The app doesn’t encrypt its messages by default and many just assume it does, but it must be turned on as an additional setting.

Reference: https://cryptocurrencynews.com/icos/ico-news/telegram-ico-850-million/