Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ZUMY | CPU MINING | Masternode | No ICO | Fair Launch | - Launching 1/1/19
by
zumy
on 01/01/2019, 17:12:00 UTC
Hi Dev,

Can you explain why there has been a mining going on without you launching the wallet. you are talking about the decentralized coin then what is that A SCAM OR WHAT. LYING FROM THE START WHEN MINING HAS NOT STARTED.



Address                                                   Shares   Efficiency   Hashrate
ZRkAgYvoiguUmpwrQEwZVcuKvuafrtmUuR   12801.76   100%   103.81 KH/s


This was announced from the first day of our bitcointalk ann - that the chain would begin 4 days prior to the launch with a low reward of 0.05 ZMY, Tha's a mere 3% of the reward comapred to 1.6 ZMY.

We did this to allow us to have exchanges, pools, explorers , masternode hostings and many more services available for the launch date.

If you look right now as the blocks turned from 0.05 today to 1.6 ZMY, on the 1802 Block which was today we had over 5 mining pools up as well as masternode hosting site. The start before hand actually had proven to be extremely useful as we'd after the second day noticed a huge bug in the difficulty retarget which allowed us to restart the chain and fix again - we did have a testnet but with the hashing power from the testing with the miniscule blocks let us highlight this during our BETA development stage of the main chain.

We then restarted the chain 48 hours ago with the tiny pow blocks set for them to change today to 1.6 ZMY. This is where the windows and macOS binaries were released. The GitHub was out as soon as chain began for the developers of poos etc to setup.

Right now we have a hashrate going across the pools allowing people to mine on time with ease of all the pools up.


We could of easily restarted the chain to begin with 1.6 ZMY - however people who mined the tiny blocks the development testers should get to keep the reward. It was only: 1800 blocks x 0.05 ZMY = 90 ZMY for testing.


The coin is decentralised as people have within 30 mins mined more than the chain did within the first 48 hours.Wallets were released for all today and allowed people to be ready with thier CPU miners to begin mining the 1.6 ZMY blocks