Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
by
dmwardjr
on 20/05/2018, 06:19:02 UTC

Binance had Zencash as a 'Community coin of the month' option - twice - and it didn't get the votes needed from the community for the discounted listing. So it has had the opportunity to be listed, but for whatever reason, didn't pull enough votes from people like us.

It could still get listed through the regular channels, but obviously it would be more costly for zencash and might take longer.

Any idea how to get a vote going once again?

It seems to be more of a Binance team decision to put a coin up for nomination if they think it is a long term project with community interest (and will therefore generate more votes, which cost BNB). Given that zencash has already had two shots and getting listed through the 'Community coin' channel, my guess is that Binance won't be in a rush to give it a third shot.

I think zencash developers with Binance may be more inclined to try again for Zencash when it has forked for supernodes and the later fork away from Asics, along with other improvements through zenpub etc as then there will be some 'new' things to market and push for more votes.

A lot of the winners of Community coin are fairly new projects that are listed on very few exchanges, so there is more of a push for listing from coin followers. So the fact that zencash is already on a few exchanges and has been around for a while may make it more difficult to get a listing through this path. However cryptopia isn't working properly for zencash, and other exchanges have their own bugs so that's another reason why I vote for zencash to be listed as part of the Binance community coin process.

Thank you for the very descriptive explanation.