Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][EBZ] Ebitz Open Sale - POS - Zero Knowledge Proof - Zcash
by
ebitz
on 15/11/2016, 20:51:43 UTC
So this is a zcash clone without founder's fee and with pos being added? will you provide windows client?

Also, the tech details I see are purely from zerocoin details. Any technical details pertaining to this particular coin?

Yes. We will offer an overcoming proposal after seeing the two big problems that zcash has.

We found two big problems: On the one hand, an excessive (more than 20% of the supply the first four years) "founder rewards" to private investors and on the other his disastrous mining solution, not only by the slow start but because a few private investors have access to exclusive gpu miners, which are to ensure them the vast majority of the coins created. While other users will be content with an underperforming CPU miner. So, the private investors are only attracted by quick profits and will be the first to dump his excessive amount of coins to investors attracted by the technology presented for Zcash.

We will gradually add unique features that are not in zcash, like market or another community proposal. By the way, our group has a lot of contacts/influence, we are moving all our influences and making negotiations so that Ebitz will be available in the deep web from day 1, sponsored by a great market. We would be the only coin next to bitcoin to be used there.

I just found out that your tech details are word-by-word copy from zerocash project:
http://zerocash-project.org/how_zerocash_works

man, is it ethical and you use this for ICO?? Shocked

dfox101, read our thread, we are starting from zcash and do it a new version. So yes, we are based on zerocash.