Zoin (ZOI), the Sleeping Giant is waking up

in #cryptocurrencies7 years ago


https://medium.com/@fnietzsche/zoin-zoi-the-sleeping-giant-is-waking-up-6600ad7b866f

What is Zoin?

  • Zoin is a decentralized cryptocurrency that seeks to provide a secure and untraceable payment service for its users;
  • Being based on the proven cryptographic technology of the Zerocoin protocol, offers anonymity and privacy to its users when desired;
  • Zoin is a fork from the very early stages of Zcoin. Zoin started at block 0, there was no coin transfer whatsoever, no ICO and no premine;
  • Zoin is a real community coin, it is completely decentralized and managed by a voting system (to be implemented in a future wallet upgrade). With Zoin, the decisions are not made by a small group of developers, but by the real Zoin owners: its community.

What is a Masternode/Zoinode and how do I get one?

  • Zoin is currently developing Masternodes called Zoinodes.
  • These are computers that run with a minimum of 25,000 Zoin (a community-voted decision) stashed.
  • These computers help perform Zerocoin tasks and improve the Zoin network overall.
  • Zoinodes are currently in development and will be available soon (mid-Q1).

Specifications

  • Launch date : 05 November 2016
  • Community Coin
  • No Premine, No ICO
  • Only mineable per CPU
  • Zerocoin Protocol
  • Total Coins: 21 Million
  • Proof of Work, Algo : Lyra2Zoin (2,330,256)
  • Initial reward : 100 ZOI per block
  • With block 210000 the reward is 12.5 ZOI and halving every 210000 blocks
  • Block time: 2.5 minutes

Roadmap

Be aware that everytime, the Roadmap is being updated by Zoin team.

1 - Expansion of team Zoin - Find the right team members for all categories of development. 100%

2 - Mac / Linux wallets - Port Zoin Core for macOS and Linux. 100%

3 - New pool - Create a stable and customized Zoin mining pool for the community operated by the Zoin team. 100%

4 - Fulltime Zerocoin protocol - Upgrade to Bitcoin Core 0.13 to ensure network stability and full-time Zerocoin Protocol. 100%

5 - Web wallet - Create an official web wallet operated by the Zoin team. 80%

6 - Web TOR wallet - Create an official web TOR wallet operated by the Zoin team to help ensure complete privacy. 75%

7 - Zoinodes - Integrate masternodes into the Zoin network. 75%

8 - Android / iOS wallets - Create custom Zoin mobile wallets for the community. 50%

9 - Add exchanges - Add Zoin trading to more popular exchanges. 20%

10 - Voting from wallet - Create and integrate a secure community voting method for use in the Zoin Core wallet. 5%

11 - Encrypted chat system - Integrate a secure chat system for use in the Zoin Core wallet. 5%

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