Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PIRATE] A zk-SNARKS transactions only blockchain
by
grewalsatinder
on 05/09/2018, 02:01:16 UTC
Seriously, why distribute this zk snark only coin by mining, why not airdrop onto far more people who already here and supporting komodo/supernet, is there a reason why this coin needs to be mined?

Good point, afaik the tech for z-only assetchain is basically complete so an airdrop would create a mature coin with nothing to do other than spread adoption asap

I can't think of any reason this tech needs mining for distribution, security comes from dPoW

Carefuly read the points of notes in first thread.

Airdrop would need to be claimed, recipients sign their zk snark only AC address with their kmd private key to indicate what their KMD balance is on the snapshot date. Bitcore BTX used this method for their bitcoin airdrop, so it requires user action to claim, not automatic like btc:bch

That would work, right? Is the problem you see from notarising?

Still don’t get it?

dPoW is not possible as of now for private Assetchain.
PoS is not possible as funds end up in z address.

U are only left with mining option.