Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
by
trilla666
on 23/09/2017, 00:58:42 UTC
HI, could anyone tell me the minimum xzc necessary for creating a znode (masternode)? Also, what is the purpose of this special nodes on this coin? Thanks

Zcoin Dev Update 19 September 2017: Znodes, GUI, libzerocoin, MTP and ZEth



Znodes
At the same time, work will begin on Znodes, the long awaited update that allows incentivized nodes to support the Zcoin network and makes Zcoin into a hybrid Proof of Work and Proof of Stake system. Znode owners will earn a proportion of the block rewards as an incentive to maintain a full node, keep it updated and maintain the network. A certain number of Zcoin will be required as a ‘collateral’ to start a Znode to discourage Sybil attacks. This number will be announced as we come closer to launch but we aim to achieve a balance between allowing people to participate while maintaining a decent profitability for node owners to keep them sufficiently incentivized.


No numbers announced yet, maybe there is some rumors on the slack but i did not hear any numbers for now...

The Zcoin official account on Twitter confirmed it will be a round number, between 3 or 4 digits, to have a Znode.

between 3 and 4 digits, meaning 3 or 4 figures? so like 100s or 1000s of coins?