Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax
by
Nebell2
on 03/08/2018, 09:07:34 UTC
is BitcoinZ protected against 51% attack?

No coin is protected against 51% attack.
The thing is, with no ASICs, it's quite hard to get a lot of hashing power to mount a 51% attack. There's a lot of hashing power on suprnova, but not more than 35% I think, although I know for a fact that suprnova helps against 51% attacks if they happen.
So BitcoinZ is quite safe.

I have 0% fee at all Tongue
Regarding the mail notification, believe its not an easy thing to implement. And something doesn't even work as expected. That's why most pools don't support it.
https://equigems.online

Yeah, you have 0% for the first month, after that 0.9%, but the question is, are you donating to the community?
Geekhashio donates 100% of its 1% fee to the community, this is why it's the most important pool we have.

Well boy, equigems is running on multiple dedicated servers in europe, with bills coming my way of 380€/month. I have been a pool op for more than 8 years now, and believe that getting a 0.9% fee can't pay off. Cheesy

We had two or three pools closing for those reason. The best thing pool operators can do is not cutting down and give away fees but continue to maintain the service to support the network. Hashrate spread is a strong point to avoid chains attacks Tongue

I'm sure you want to have your expenses covered and it's understandable, but if you grow larger as your pool is not very big, you will get a good chunk of money back.
I'm not interested if the pool has 0% or 10% fee, I do not support pools that do not donate to the developers. And I don't think anyone who doesn't mine and dump would want to support such pools.

is BitcoinZ protected against 51% attack?

No coin is protected against 51% attack.
The thing is, with no ASICs, it's quite hard to get a lot of hashing power to mount a 51% attack. There's a lot of hashing power on suprnova, but not more than 35% I think, although I know for a fact that suprnova helps against 51% attacks if they happen.
So BitcoinZ is quite safe.

I have 0% fee at all Tongue
Regarding the mail notification, believe its not an easy thing to implement. And something doesn't even work as expected. That's why most pools don't support it.
https://equigems.online

Yeah, you have 0% for the first month, after that 0.9%, but the question is, are you donating to the community?
Geekhashio donates 100% of its 1% fee to the community, this is why it's the most important pool we have.
actually ASIC for equihash has been out for a while https://www.coindesk.com/bitmains-latest-crypto-asic-can-mine-zcash/

Komodo dPOW has been helping project notarizing their chain on BTC chain making the project chain as secure as BTC chain. Let me know if bitcoinZ team would like to learn more

You can't mine BitcoinZ with an ASIC. It runs on ZHash algo and Bitmains ASIC is useless on it.