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Hello Bitcointalk
Today, we are thrilled to introduce a new cryptocurrency built on the principles of security, fairness, and long-term vision: CIPEX coin ($CPX).
Rusty Coin has been engineered from the ground up in the Rust programming language to create a provably robust and performant network. Our development has focused on creating a resilient hybrid consensus model and a fair economic system for all participants.
We are now approaching a major milestone. We are formally announcing that our Public Testnet will launch in July 2025. In conjunction with the testnet, our full codebase will be made open-source for complete public review and security auditing.
Our commitment is to a 100% fair launch for our mainnet, which will only be scheduled after a successful, secure, and community-vetted testnet phase. There will be no pre-mine, no ICO, and no treasury.
Coin Name: CIPEX
Ticker: $CPX
Consensus: Hybrid Proof-of-Work / Proof-of-Stake with Masternodes
PoW Algorithm: OxideHash (Memory-Hard, GPU-focused)
PoS Algorithm: Ticket-based Voting
Testnet Launch: June 2025
Mainnet Launch: TBA (To Be Announced after successful Testnet phase)
Max Supply: 260,000,000 CPX
Masternode Collateral: 26,000 CPX
Beta wallet (testnet) : https://github.com/CIPEX-pow/CIPEX/releases/download/1.10/CIPEX-1.10-win64-qt.zip
Distribution
Fair Launch: 100% Public Launch. No Pre-mine or ICO.
Block Reward Split: 30% Miners / 35% Stakers / 35% Masternodes
Our Roadmap: The Path to Launch
Phase 1: Genesis (Q3 2025 - CURRENT PHASE)
June 2025:
The full codebase will be made public on our GitHub repository.
The Public Testnet will launch, along with official binaries, a block explorer, and a faucet.
The official Bug Bounty Program will commence.
August/September 2025: Intensive community testing, network stabilization, and analysis of testnet performance to define the criteria for a secure mainnet launch.
Phase 2: Homestead (TBA - Post-Testnet)
Announce the official Mainnet launch date based on testnet success and security audits.
Mainnet Genesis Block is mined.
Release of official mainnet wallets and tools.
Phase 3 & 4: Forge & Metropolis (Post-Mainnet)
Progressive rollout of Masternode services (`OxideSend`, `FerrousShield`).
Implementation of on-chain governance and future protocol upgrades.
Today, we are thrilled to introduce a new cryptocurrency built on the principles of security, fairness, and long-term vision: CIPEX coin ($CPX).
Rusty Coin has been engineered from the ground up in the Rust programming language to create a provably robust and performant network. Our development has focused on creating a resilient hybrid consensus model and a fair economic system for all participants.
We are now approaching a major milestone. We are formally announcing that our Public Testnet will launch in July 2025. In conjunction with the testnet, our full codebase will be made open-source for complete public review and security auditing.
Our commitment is to a 100% fair launch for our mainnet, which will only be scheduled after a successful, secure, and community-vetted testnet phase. There will be no pre-mine, no ICO, and no treasury.
Coin Name: CIPEX
Ticker: $CPX
Consensus: Hybrid Proof-of-Work / Proof-of-Stake with Masternodes
PoW Algorithm: OxideHash (Memory-Hard, GPU-focused)
PoS Algorithm: Ticket-based Voting
Testnet Launch: June 2025
Mainnet Launch: TBA (To Be Announced after successful Testnet phase)
Max Supply: 260,000,000 CPX
Masternode Collateral: 26,000 CPX
Beta wallet (testnet) : https://github.com/CIPEX-pow/CIPEX/releases/download/1.10/CIPEX-1.10-win64-qt.zip
Distribution
Fair Launch: 100% Public Launch. No Pre-mine or ICO.
Block Reward Split: 30% Miners / 35% Stakers / 35% Masternodes
Our Roadmap: The Path to Launch
Phase 1: Genesis (Q3 2025 - CURRENT PHASE)
June 2025:
The full codebase will be made public on our GitHub repository.
The Public Testnet will launch, along with official binaries, a block explorer, and a faucet.
The official Bug Bounty Program will commence.
August/September 2025: Intensive community testing, network stabilization, and analysis of testnet performance to define the criteria for a secure mainnet launch.
Phase 2: Homestead (TBA - Post-Testnet)
Announce the official Mainnet launch date based on testnet success and security audits.
Mainnet Genesis Block is mined.
Release of official mainnet wallets and tools.
Phase 3 & 4: Forge & Metropolis (Post-Mainnet)
Progressive rollout of Masternode services (`OxideSend`, `FerrousShield`).
Implementation of on-chain governance and future protocol upgrades.
NEROLIХ is our first major blockchain project. It is basically a fork of Raptoreum, which was a fork from Dash, which was a fork from Bitcoin.
Why did we chose this fork ? Because of it’s mining algorithm first of all due to it’s capabilities to reject ASIC which are very known to consume a lot of power.
Our team believes that POW is more fair way of coin distribution.
But you can stake your coins just by making an internal transactions within your wallet.
Note: You don't need to send your coins to someone else wallet.
Thanks to staking with SmartNodes mechanism, you contribute to the security and decentralisation of the Blockchain network.
The higher the percentage of staked assets in the network, the more difficult it is to attack it.
In case you need help in deploying SmartNodes We have detailed document on our
website.
Our team believes SmartNodes is better than POS as all transactions are verified by
miner yet you can stake your coins without locking them.
The idea is simple: a coin that helps people earning assets while mining and staking using the NEROLIХ features.
Each Mined block offers 5000 NEROLIХ, from this
75% goes to the miner
20% goes to the smartnodes
5% goes to the developers to maintain the network.
The NEROLIХ blockchain has already integrated private wallets where the balance can be hidden directly from the wallet.
The smartnodes are accessible directly from the wallet as well.
CPU Friendly
GhostRider algorithm is both CPU/GPU Minable but CPU's are more efficient for mining NEROLIХ.
Smartnodes
Smartnodes are used to handle smart contracts, and provide 51% \ double spend protection. In addition this allows:
- Larger allowed contract size.
- Greater variety of programming languages can be used.
- Removes the scaling issues and large increase in gas tx fees.
More Information
We'll update this thread soon + all future core developments will be updated on this thread. Please join us on our discord channel for the latest news and updates.
Start of mining June 9, 2025
Wallet:
Windows: https://github.com/neroliхCoin/NEROLIХ/releases/download/1.10/Neroliх-1.10-win64-qt.zip
Links
Discord: discord.gg/O8Ynd1Y
Twitter: twitter.com/NEROLIХ
Summary In Case you Skipped Everything above this line Wink
Algorithm: GhostRider
Ticker: NRLХ
Block Reward: 5000 NEROLIХ
Total Coin Supply: 21 Billion
Founders Reward: Yes
Premine: No
ICO: No
Why did we chose this fork ? Because of it’s mining algorithm first of all due to it’s capabilities to reject ASIC which are very known to consume a lot of power.
Our team believes that POW is more fair way of coin distribution.
But you can stake your coins just by making an internal transactions within your wallet.
Note: You don't need to send your coins to someone else wallet.
Thanks to staking with SmartNodes mechanism, you contribute to the security and decentralisation of the Blockchain network.
The higher the percentage of staked assets in the network, the more difficult it is to attack it.
In case you need help in deploying SmartNodes We have detailed document on our
website.
Our team believes SmartNodes is better than POS as all transactions are verified by
miner yet you can stake your coins without locking them.
The idea is simple: a coin that helps people earning assets while mining and staking using the NEROLIХ features.
Each Mined block offers 5000 NEROLIХ, from this
75% goes to the miner
20% goes to the smartnodes
5% goes to the developers to maintain the network.
The NEROLIХ blockchain has already integrated private wallets where the balance can be hidden directly from the wallet.
The smartnodes are accessible directly from the wallet as well.
CPU Friendly
GhostRider algorithm is both CPU/GPU Minable but CPU's are more efficient for mining NEROLIХ.
Smartnodes
Smartnodes are used to handle smart contracts, and provide 51% \ double spend protection. In addition this allows:
- Larger allowed contract size.
- Greater variety of programming languages can be used.
- Removes the scaling issues and large increase in gas tx fees.
More Information
We'll update this thread soon + all future core developments will be updated on this thread. Please join us on our discord channel for the latest news and updates.
Start of mining June 9, 2025
Wallet:
Windows: https://github.com/neroliхCoin/NEROLIХ/releases/download/1.10/Neroliх-1.10-win64-qt.zip
Links
Discord: discord.gg/O8Ynd1Y
Twitter: twitter.com/NEROLIХ
Summary In Case you Skipped Everything above this line Wink
Algorithm: GhostRider
Ticker: NRLХ
Block Reward: 5000 NEROLIХ
Total Coin Supply: 21 Billion
Founders Reward: Yes
Premine: No
ICO: No
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
I am not sure if zclassic should remain zcash without founders reward and slow start, i am however against the following
-premine
-masternodes
-block reward tax.
Zclassic currently doesn't have any of that, i will take a second look at hush(dumped earlier and i am starting to regret that).
Heyrhett wrote the following ln slack:
People should develop new things and anyone is free to either start their own blockchain or fork off of ZCL and we get to follow that for free.
Zcash has an ambitious roadmap already and we get to follow that for free.
The free market wants people to innovate and make new things, but some of those things will be a failure. The community promise of ZCL is that it is a clone of Zcash with no fee. If we tried to add more features to ZCL, someone would just fork the code and go back to the original plan and claim it is the "real" ZCL.
There's no way to do a clean fork unless the overwhelming majority of the community agrees.
-premine
-masternodes
-block reward tax.
Zclassic currently doesn't have any of that, i will take a second look at hush(dumped earlier and i am starting to regret that).
Heyrhett wrote the following ln slack:
People should develop new things and anyone is free to either start their own blockchain or fork off of ZCL and we get to follow that for free.
Zcash has an ambitious roadmap already and we get to follow that for free.
The free market wants people to innovate and make new things, but some of those things will be a failure. The community promise of ZCL is that it is a clone of Zcash with no fee. If we tried to add more features to ZCL, someone would just fork the code and go back to the original plan and claim it is the "real" ZCL.
There's no way to do a clean fork unless the overwhelming majority of the community agrees.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
I only hold 84, i was close to dumping earlier. I only invested 50$ in electricity. Masternodes are not a good start, it's a step in the wrong direction.
I have mixed feelings about this coin, it could be viewed as a better version of zcash.
I have mixed feelings about this coin, it could be viewed as a better version of zcash.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
I am 100% against masternodes and adding masternodes would require a hardfork/chainspit, we have already done that with zencash. Doing a controversial hardfork is a terrible idea.
There is already development bounties up for grab https://zdeveloper.org/wiki:developer_and_contributor_bounties
I will HODL.
There is already development bounties up for grab https://zdeveloper.org/wiki:developer_and_contributor_bounties
I will HODL.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
Some nice drama on slack, movrx wanted masternodes for zclassic but it was rejected, now he has left for good. I do not think zclassic has to remain 1:1 copy of zcash but going in the zencash direction is not a good idea.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
I bought ZCL at 120 k and after at 50 k. Now its 30k. I really don't know if the right decision is to sell, hold or to buy a little more at 30 k to make it easier to be in profit if the price will go up.
I am not really comfortable with my holdings but i will do nothing and wait it out. I sold everything above 100K satoshi and i bought 50% back for less than half(i dumped eth for zcl), i am already in the greenzone for this shitcoin. Technically zcl might be good, i am still not sure and i will not spend a lot of time researching it now during a cryptocurrency bubble.
Buying more now may end up making your losses bigger, it's a dangerous strategy but it sometimes work.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
I have told you. This bubble fueling of crypto was too big to not fail.
Thus, ZCL will be under pressure, because it was actively traded on bittrex - where bots, will be lowering price if there is no demand.
So yeah... 1$ now, and we are right now under 50k sats, even lower than thought.
Yea it was obvious the price would go down to 1$, i guess it will go down even more now. Now when btc has started a downtrend alts are going down even more, a lot of people will lose a lot of money.Thus, ZCL will be under pressure, because it was actively traded on bittrex - where bots, will be lowering price if there is no demand.
So yeah... 1$ now, and we are right now under 50k sats, even lower than thought.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
What the damn f***? Bittrex wallet for both ZCL and ZEN closed again. You CANNOT be serious! This is killing ZCL (no one cares about ZEN)...
Of course there is no word on this anywhere, but wanna bet this is a replay of the same sh** we had in May/June?
Seriously, whoever decided to fork ZEN instead of starting from scratch must be the idiot of the century.
I bought 15 at 1.6$ thinking it was cheap WRONG. I bought abother 20 at 1$ and lowered my buy-orders. Zclassic may be in a reverse bubble now. Of course there is no word on this anywhere, but wanna bet this is a replay of the same sh** we had in May/June?
Seriously, whoever decided to fork ZEN instead of starting from scratch must be the idiot of the century.
I am pretty sure zclassic will go up above 2$ eventually but i do not have too mich fait in the current zclassic devs. At least zclawdic doesn't have any premine or block reward tax.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
Is there still somebody around here except for me who bought ZCL at 0.005 BTC and now just hoping that price will get up to that place once again? 
Current value stands at 0.00083 BTC. Lets see if it can go up by 600% any time soon.
It should continue down due to inflation, and no development, it's still too expensive. Current value stands at 0.00083 BTC. Lets see if it can go up by 600% any time soon.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
ZCL is now fully functional on Bittrex.
They finally ended up their maintenance.
Let's hope for a pump, yes, but it still seems that people are constantly trying to get rid of their coins around the .0013 range...
Someone tried to pump it earlier eith 3.6btc and it ended badly, i think it will have to go down a lot in price(to 0.0005) before it will get pumped for real. They finally ended up their maintenance.
Let's hope for a pump, yes, but it still seems that people are constantly trying to get rid of their coins around the .0013 range...
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
unfortunatily i did not have the balls to buy more when it was below 2.5$ but at least i am in the greenzone now(i cannot sell on bittrex now but it is smarter to hold anyway).
I the the zerocash technology and zclassic is the only coin without premine or block reward tax bullshit.
I the the zerocash technology and zclassic is the only coin without premine or block reward tax bullshit.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
Yes big exchanges is better when you want to buy a lot of coins without having to waste time overbidding people(moving up the buy-order 2 satoshis). It took like 20 hours for me to buy 102 zclassic cheap on cryptopia but i like getting coins cheap.
zcl actually looks really bearish short term, i might buy more once the price tanks below 2$.
zcl actually looks really bearish short term, i might buy more once the price tanks below 2$.
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
hooooooldd
was a bad idea, again. Regret hard not selling for euro earlier. I fucked up badly this time, panic sold, transferred the btc to cryptopia and rebought everything.
Profit: 8zcl
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
i bought another 95 zclassic, yesterday, sold 0.73 ethereum i had mined earlier. This is the only zerocash coil without any pre-mening or block-reward tax. To be honest i am not 100% confident in this project but it could be very successful.
I also hold 420 hush.
I also hold 420 hush.
Re: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency
I laughed really hard yesterday when the price fell to 0.0019 (still too high). To the ones that lost money on this
-you actually bought at over 17$ expecting not to lose money?
-why did you do not do proper research? (the so called "secure node" concept not a good idea).
-why did you not buy before the fork when the price was ok?
THANKS A LOT, i am now 280$ richer.
-you actually bought at over 17$ expecting not to lose money?
-why did you do not do proper research? (the so called "secure node" concept not a good idea).
-why did you not buy before the fork when the price was ok?
THANKS A LOT, i am now 280$ richer.
Re: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency
My only regret is trying to hold out for top dollar, could have gotten more than 0.006 but it's still much better than the current 0.004, this is a valuable lesson in the case i end up in a similar situation again(lost 50$ due to setting my sell-order too high).
To be honest i am not confortable with zcl either after this mess, well we will see how this ends.
To be honest i am not confortable with zcl either after this mess, well we will see how this ends.