/biz/ - Business & Finance

Zen CASH.
Who's feeling extra zen today?

Breaking ATH this year.
PAJEETA BTFO

Rip pajeeta.

ZenCash is going to be pretty amazing. It's not going have any overly exiting features, neither will it have huge partnerships. But it will exist in its league of its own. A giant super cluster of over 12.000 nodes, which can be forced to carry out a huge amount of computational tasks for rewards. Along with a treasury funding model, governed through a DAO.

ZenCash resembles somewhat of a decentralized digital nation state. It will have enough networks to exist entirely on its own without disruption. It's treasury could fund any means to an end . From buying land, real estate, businesses lobbying politicians without any direct accountability or trace of payment. And as long people tie any worth whatsoever to the ZenCash the reward structure will draw in people at any price through ROI. Unironically it may become the biggest self sustaining and absolutely unfairly distributed Ponzi in history. Also...offshore banking.

Any early early node holders will become the next digital "oil rich" generation.
You will be owning digital plot of a decentralized nation state, and will be directly collecting taxes daily.

Forget about muh fundamentals.
Look at the economics and financial incentives.

https://www.yahoo.com/entertainment/grayscale-announces-new-fund-around-privacy-based-crypto-173601246.html

Any thoughts on ZenCash? Was thinking about getting a node for passive earnings. Seems like fairly decent ROI.

https://coinmarketcap.com/currencies/zencash/

Get in now. Text book cup and handle pattern forming.
Rally which started end of March about to continue after a correction.

https://www.tradingview.com/chart/WnoNzOPy/

Last week 3369 nodes were added, within the last 24 hours 196 more.
It's now about 50% more expensive to add a node than when it was when I first bought.

https://securenodes.na.zensystem.io/stats/nodes

Still on track of rivaling Dash in governance through partnership with IOHK

- https://iohk.io/research/papers/#NSJ554WR

Still on track with IOHK partnership and first anonymous DAG:

- https://zencash.com/iohk/
- https://eprint.iacr.org/2016/1159.pdf

This shit's legit, see you in the top 30 soon.

I told you guys yesterday and two weeks ago.
And we are still mooning >>8966438 I hope some of you fuckers bought this.

>>8948233

> How do you pick a coin for it?
DYOR, plenty of info out there.
https://masternodes.online/

ZenCash was not included since they use the term "Securenode"

> And do I have to cash out and switch to a different coin if it becomes unprofitable?

We haven't had enough hyped node coins yet to figure that one out.

> How can I predict this? How long is a node profitable?

When volume decreases and node creation slows down, it may be a good time to start selling

It should not be so hard to connect the dots

> "The system goes well beyond traditional cryptocurrency in that it is designed to be sort of a startup nation.."

> ZenCash is presenting in Dubai at the World Blockchain Forum! Dubai will attempt to be the 1st blockchain powered government by 2020

https://dubai.keynote.ae/speaker/rob-viglione/

Monero is a bad investment but at the same time the best CURRENCY out there. My issue with this as an investment is well explained by looking at the Tor foundation. Both the devs and Tor itself got dragged through smear campaigns from adversaries and it really hurt the project. However, since there are little financial incentives, nobody lost any money. A privacy coin, which is the financial equivalent of Tor is definitely going to run into equivalent adversarial campaigns, and it is no doubt going to affect the price.

Other privacy coins out there aren't better. Comparison can be made that if Monero is Tor then something like Verge is a transparent proxy, not even a SOCK5 or encrypted VPN. Personally I am attacked (erotically too) to ZK-Snarks (ZCash/ZenCash) because second layer privacy is much harder to attack. Now it does rob you of fungebility, but with Monero having a market cap percentage of less than 1% it could just as well be a second layer privacy channel too, fungebility no longer really is a selling point of much importance unless Monero climbs to 10-20% of the global market cap (which it won't).

1. Use MakerDAO to leverage buy DAI with ETH. This way you at least get to keep ETH but can also spend it. in case you get liquidated you got a advanced stop-loss and instead of 600% only 585% profit.

2. Buy ZenCash secure node. Profit from securing the network and have a passive income on the side, through both bear and bull cycles, you won't have to cash out.

Once ZEN implements their DAG, there will be instant anonymous transactions with a network effect of over 10k nodes. Once that happens I don't see NANO surviving much longer.

Sorry for whoever fell for the meme. It's been long over. Move on to the next player in town.

Monero is only a good digital currency (the best in terms of privacy/anonymity), not the best store of value. I have no issue with privacy and anonymity having to cost me something when it is necessary, and it is not always so. But there are greater projects out there for pure store of value are.

You must be delusional to believe that just because you found the Cypherpunk dream in Monero, there is no other team working and delivering on other projects with the same mentality. As good as Monero gets, in many aspects it is as fallible as your next best shit-coin, don't become a cult shiller and drink the smooth fluffy koolaid.

>>8899595

But it will still be Blockchain scaling, which doesn't really match up to a anonymous DAG in terms of scaling (imagine NANO / IOTA with privacy features):

https://www.youtube.com/watch?v=fGzhJkAnUmQ
https://zencash.com/iohk/

>>8895012

All of this misses a key ingredient. Being a full fledged privacy platform. Cute, all these coins are currencies and that is what all they do. Then you look at ZEN and it is a platform with ZK-Snark privacy at its core. And then you look at the Monero sub, and you see Monero research ZK-Snark implementation into Monero; realize that verge is shit, dash is too. And still neither one of these will be a platform. ZEN is what comes next. Any competitor will have to launch its coin along with a platform, get with the hype.

Standard economics:

> Supply less than 4 million.
> 42 ZEN to create a passive secure income node.
> 500 ZEN to create a passive income secure node.
> 20% of mining rewards to nodes, 10% to a DAO treasury

> 10% currently of the market supply locked up in nodes
> 9000+ nodes online, morning coming online every day (that's more than BTC).

Project is partnered with IOHK who actively researches treasury and nodes:
> https://iohk.io/research/papers/#NSJ554WR

Who also is looking into creating the first anomynous DAG for ZenCash
> zencash.com/iohk

If you are not accumulating this on the dips during the rally which has persisted since the 31th since Hoskinson tweeted this: https://twitter.com/iohk_charles/status/980098748993826816?lang=en - You are probably losing out on one of the best guaranteed opportunities of 2018. By the time supernodes come out it will restrict the supply so much that we'll end up in the top 20-30 no doubt. We already jumped from page 3 to 2 (place 107) within a matter of weeks.

PS. New whitepaper out
> https://zencash.com/assets/files/Zen-Application-Platform-Whitepaper.pdf

How can you not buy and shill this?

From this day on we shill ZenCash instead of LINK.

I am thinking some arbitrage bots which work in between alts-usdt-btc? Huge ratio drop all across the board, I am fine though since I am staking my secure nodes and can't touch any of my shit. We'll be up in ratio by the time BTC finds a new support.

If you have the funds to buy two supernodes and the entire market cap goes only x2-x3, you already have a full time salary just from maintaining the node. That is without hoping Zen's market cap % to increase. Just us going back to 500-900b in global market cap. If we'd assume the market cap goes x10 and Zen's share increases by 20-30% (still out of the top 50). You'd be earning lambos every month.

What is your excuse for not owning 500 ZEN for a Supernode?

How many nodes needed to make it?

If you could create the best currency imaginable, why would it not be ZenCash?


> Anomynous DAG, instant stransactions
> DAO & Smart contracts
> Node staking rewards

OVER 9000 NODES

> TLS & Tor encryption
> Self funding treasury
> Self funding decentralized governance

Lead DEV who literally was a atomic submarine officer.
THIS IS MILITARY GRADE CRYPTO
Why is this not hyping?

Day 1 thread: >>8780724
Day 2 thread: >>8791898
Day 3 thread: >>8804792

Today marks the end of my shilling because I am convinced that I have figured it out. It does not matter whether you buy ZenCash. All that matters is that you are early in a prominent Node/Reward/Staking system before it goes x2-x5 and then retains a constant or growing market share % throughout Crypto' s bull and bear cycle's. Just look at DASH masternodes, shitty pre-mined scam-coin, or one of the most genius projects out there? Anyone who bought a masternode early has been making bank, regardless of whether the market was up or down. We have all been laughing at Dash, but those guys have been making money consistently.

I did my own research, but do yours, look at the dates most coins had nodes announced, look at their growth and map out the profit you' d be making over the months, while hodling on during huge ze dips and selling your masternode rewards during rallies. Ridiculous profits. I finished setting up over 40 Securenodes on ZenCash now. I actually pooled in my last savings, I am not kidding, that' s how convinced I am. I'll be wage-cuking to be able to set up some more. Maybe I am delusional, but hey then you'll have someone to laugh at in a few months. So screencap this, I'll be back when the ship sinks or when I take my first vacation with a time stamped #biz itoldyouso on a leased yacht in the Caribbeans with some high class escorts, and hopefully more anons joining the fleet.

Peace out

https://docs.google.com/spreadsheets/d/18h6S2_Q6zyMMPDfiPA2SM-MpqQ8SvhBeCZaVjiUq2N0/edit?usp=sharing