ZenCash Chain Split from ZClassic and the ZenCash Whitepaper.

in #zencash7 years ago (edited)

It is Almost Time for the ZenCash Launch.

I am thrilled to be part of the ZenCash community and I want to update you on the progress. May 23rd is still launch day of the ZenCash Genesis Block if you want to take advantage of the free ZenCash because you hold ZClassic you will have to own ZClassic before the 110,000 block of ZClassic (ZCL Block Explorer). The Dev team is doing this to make sure all exchanges like Bittrex are prepared for the launch.

Currently Bittrex has not announced as to whether they will support the chain split and allow us to hold out ZClassic tokens on their platform. I sure hope they do because it will be much easier than having to go through the process of setting up a wallet on my computer.

What is ZenCash?

"Zen is an end to-end-encrypted system with zero-knowledge technology over which communications, data, or value can be securely transmitted and stored. It is an integration of revolutionary technologies that create a system over which innovation
can accelerate by combining three functions that are traditionally done separately: 1) transactions 2) communication, and 3) competitive governance. This is done in a secure and anonymous manner, using a worldwide distributed blockchain and computing infrastructure. The system integrates multiple best-in-class technologies to form an open platform for permissionless innovation that can evolve with user preferences."

ZenCash WhitePaper

Rolf Explains the ZenCash Updates in Detail.

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Yet another hopeful cryptocurrency!

I have no clue how I should find that shirt he wears in combo to Zencash - privacy, big data YEAH! :-)

Whaaat! Where's Google gCash???
images-8.jpg

lol :-)

I thought the same thing when I watched the video. Rolf #WTF!

My brother used to work there. He headed up the project to design the latest Google mapping car electronics.

Now he's over at Lyft setting up the technical team to design their self driving car.

I've never worked there! I figured I needed to show everybody that I don't just wear CrossFit t-shirts like in the other videos

Works for me but you can understand how the true crypto anarchists feel when they see that shirt.

RandyHilarski Randy Hilarski tweeted @ 11 May 2017 - 16:06 UTC

ZenCash Chain Split from ZClassic and the ZenCash Whitepaper.
@Steemit
#CryptoCurrency
buff.ly/2q6Tf3U https://t.co/aPt7eJcqzd

Disclaimer: I am just a bot trying to be helpful.

If the ZenCash blockchain is going to be a fork from ZClassic, how can they have their own genesis block? Wouldn't that indicate that they're starting their own chain?

That is what they are calling it. I don't know the exact technical words for what they are doing.

are all cryptos pegged to bitcoin?

They sure are.

isnt it better to just buy bitcoin since they are all pegged to it?

Bitcoin price movements (particularly the sudden ones) are often reflected in other currencies but it only takes a cursory price graph examination of various currencies to see that whatever 'pegging' there may be is rather weak. Speculation doesn't require a deep understanding of the asset being held. But investment, on the other hand...

The good thing i like about this coin is that there's no Premine for the devs! and earn the same amount of ZCL you have in ZEN.

oh ok thanks for the clarification

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