Re: [ANN] Zcoin - The Zerocoin cryptocurrency, guaranteeing financial privacy

ZERO CASH is not the same as ZCASH.

Two different currencies with two another DevTeams.

Kindly reminder.

Are you late to the party? We know.

Zcash is based on zerocash protocol.
Zcoin is based on zerocoin protocol.

They both have pros and cons. http://blog.zcoin.tech/zcoin-and-zcash/

Roger Ver is backing both. They are both legit.

They also both have "founder's rewards" of 20% for the first few years. Incidentally the coin in your signature also has a very significant dev/sponsor subsidy as well. I'm not necessarily against this a matter of course, but it just smells bad imo to launch what is nominally a currency and give 10-20% away to the developer(s) and their sponsors. How can you expect something to achieve real world traction and broad adoption when one guy or groups singlehandedly controls 5 or more % of the entire circulation that will ever exist? Obviously Bitcoin is kind of an exception here...

I understand what you are saying... but one of the fundamental issues with btc is a lack of funding to pay for development. You can have a premine, or a block subsidy. A block subsidy is much more reasonable when used appropriately, because it's paid over time. Imagine if they had a 10% premine that they had access to... that's 2million coins!

Devs don't work for free. They deserve to be paid. You can't expect a dev to to great work when he can't feed himself / pay his bills.

I totally agree with you, but they are just taking a higher share from what they originally said they would take, someone pointed this out, and suggested a hardfork, but the case was closed
http://imgur.com/a/tBsHZ

Im not against zcoin, I've been mining all week