Quote from: daemonfox on June 18, 2017, 01:40:39 PM

Quote from: muf18 on June 18, 2017, 12:38:24 PM

Quote from: playingpoodles on June 17, 2017, 11:49:17 PM

What are you talking about 13% fees? There's a known funding model, set out in the Whitepaper, 3.5% for devs, 3.5% for secure nodes, 5% for DAO, which makes a total of 12%. This to me is the major STRENGTH not weakness of ZenCash. I also thought it was fairer to all parties than a straight up 20% going to devs as in Zcash.

What centralize solution are you talking about? This is a distributed proof of work coin with an ASIC resistant mining algorithm. In what sense is it centralized visa-vis other ASIC resistant coins? How are nodes centralized if they're private people staking their own ZenCash?

I think criticisms of ZenCash should be made, but ones with a basis, like the poster before you, rather than one's just made up.

Quote from: muf18 on June 17, 2017, 09:40:12 PM

What I like (more like liked - in the past), about this project was incentive and looking promising with new features.
Now it's looking bad, because - dev gone, fees (almost 13%) and centralized solutions, it wasn't meant to be another ZCash, but it's getting to this point - even praising ZCash, which definately isn't what cryptocurrenies/assets, decentralized should look like.
But seems like they are trying to push it that way. I will always go anytime with decentralized solution and open-sorce, community driven, than centralized, and fees driven. And I think that most of the real cryptocurrency users and fans believe and go with such solution, than centralized, nodes setup.

Decentralization not centralization is a way-to-go.

Ok, I was wrong, about 1%, so what? 12% is still a lot of when people don't want to give 1-2.5% for dev fee for miners or 1% for mining pool.
And as we count we see = 100% mining - 12% dev coin/nodes/dao - 2-2.5% dev fee miner - 1% pool = 84.5-85% of your mined coins.
And then taxes after sale the currency, so when we can only have about 70-72% of our mined coins... Everybody wants to be in the middle of our (miners) coins. 3.5% there, 5% out there, but miners mainly give you the strength of your network, I feel like taxation, so I will always choose the solution without taxation, or without fees. Just give me the address for donation - I will donate for your work, and not that you will have my earned coins. Zen is nothing more than another reincarnation of ZCash, just a little more powdered to look more 'open', with lower fees than ZCash. Nodes will always be in some part of centralized - it's not an obvious central solution, but it's similar to check pointing - it's based on more centralized solution.

WOW...

Taxation of miners coins... they aren't TAKING any coins AWAY from the PUBLISHED miner distribution in anyway. It was BUILT to ALSO reward a dev/DAO/NODE fund as PARTICIPATION continues. It is not taxation if you VOLUNTARILY CHOOSE TO PARTICIPATE!

Also... IT IS YOUR CHOICE TO USE A MINER WITH A DEV FEE!!!! They state a way to turn it off up front in exchange for NOT using optimizations THEY took the time to code. The trade off is worth it because the optimizations are worth more than the dev fee.

You don't like pool fees? OPs shouldn't get paid to make your mining EASIER?

I will just stop... you just want all your mining for FREE without having to code your own software, run your own wallet nodes, host your own pools AND run your own exchange. GOT NEWS FOR YOU PEOPLE MAKE THOSE THINGS TO MAKE $$$$$ NOT BABYSIT AND FEED COINS TO YOUR ASS!

The other guy take my opinion with respect, and made right conclusions, you just took, the ones I don't even said, and made with huge CAPITAL letters. I said people, not me, I respect, and I'm paying 1-2% dev fee miner and for pool, because without it, I couldn't have rewards. And I said something completetly different, but you just missunderstand it so be in your false conviction.