Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
by
joblo
on 02/02/2017, 00:17:57 UTC
Important Announcement

New transition mining algorithm Lyra2Z will come into effect on block 20,500, around 10 days time, while awaiting MTP launch which is scheduled still in late March 2017.

Reasons for change and improvements:
a) Much lower load on mining pools and nodes
b) Allows GPUs to participate while still making it possible for CPUs to contribute. (combat cloud mining credits abusers)
c) Better distribution of hashrate

For further details.

https://zcoin.io/language/en/zcoin-transition-algo-lyra2z-specs-finalized/
https://zcoin.io/language/en/decision-zcoin-algorithm-change/

Seems like a lot of work for something that is planned to be obsolete in 2 months. Is the problem
that bad that you can't wait?

The pool issue is actually quite bad with frequent crashes.

I wasn't aware of the pool problem, I haven't mined zcoin in a while. I thought it was all about
cloud mining. Crashing pools is not good and deserves immediate attention. Good work.