ziftrCOIN - Bitcoin Chart (ZRC/BTC) - coingecko.com

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Exchanging Ziftrcoins

Is there any way that I can change my ziftrcoins to bitcoins?
submitted by elemental767 to ziftrCOIN [link] [comments]

Is there still a way I can trade ziftrcoin?

I want to trade my ziftrcoin in because they're worth some money now but bleutrade stopped accepting them and btcpop is horrible, is there any other way I can trade them for bitcoin?
submitted by Megamann23 to ziftrCOIN [link] [comments]

Request to Roger Ver: Please remove 3xploit as a moderator of /r/btc. Anyone who upvotes this post is showing their agreement with this request.

Reposting this here because it was censored from /btc.
For those that are not aware due to the censorship going on here (yes, I thought this was a censorship-free sub too), 3xploit also known as Marshall Long has a long and scam filled history in Bitcoin. There is no reason he should be a moderator of this sub or be playing a lead role in Bitcoin Classic development.
To summarize:
Please also leave a comment and state whether you agree or disagree, please, so we can get a clear view what this sub-reddit wants.
3xploit being a moderator here as well as being part of the Classic development team is unacceptable.
submitted by jkgy to bitcoin_uncensored [link] [comments]

We need to fix the value of the ziftrcoin fast (PLEASE READ)

https://www.coingecko.com/en/price_charts/ziftrcoin/btc Just from when I started mining this currency 4 days, the amount of ziftrcoins per bitcoin has gone from a little over 2k to WELL OVER 3k per bitcoin. This is insane loss in value, this community needs to bound together to at least somewhat restore this coin's value lest it be forgotten to history. I know it's well past it's peak (June 2017) but omg the value has plummeted in the last few days. GET THIS TO AS MANY ON THIS SUB AS POSSIBLE!!! https://www.coingecko.com/en/chart/ziftrcoin/btc We also need somewhere to exchange our Ziftrcoins to literally any other cryptocurrency or to real money. Looking at this coin over all time the value decline is NUTS. It rose and fell just as fast, what's going wrong? We need to save Ziftrcoin!!
submitted by Tbombthestoryteller to ziftrCOIN [link] [comments]

Solo mining help

Been trying to get my PC to solo mine for the passed few days. Can someone help me out? I have the doge wallet 1.10 and minerd.exe v2.5
I don't know if I'm considered a novice. I started with ziftrcoin and mined a bunch of that. I pool mine litecoin and bitcoin. But I'm having a hard time finding a working pool for dogecoin so I decided I would like to try to solo mining it.
Thanks in advance
submitted by Renegade2543 to dogecoin [link] [comments]

Converting ziftrCOIN to btc

For the past few days I have been trying to convert my 300+ ziftrCOINs into bitcoin so that I can transfer the bitcoin to my PayPal account. Which converer or exchanger should i use. Because most of the exchangers do not support ziftrCOIN.
submitted by Aznminer to ziftrCOIN [link] [comments]

Ziftrcoin / GoPoints economy

Here are a few thoughts I wanted to share with the community :-
Current price of ZiftrCoin is low at less than 1000 satoshis. Reason I see is that speculators gave up on the coin long ago because of the merger and lack of news. Ziftr did deliver some basic things but not what was originally promised in the ICO. Now with the new developments with GoCoin it seems like the original vision may now be achieved, price is still low although volume has increased a bit lately.
Why has price not risen in line with the new developments?
  1. Exchanges - Bleutrade is the only exchange, although it is a good one many people will not use this exchange. We need to be on Bittrex. This is something the coin developers need to arrange, but also the community can help by making requests to bittrex via twitter, and their slack channel.
  2. Inflation - although quite small at the moment, the inflation curve gets bigger over time to an ultimate cap of 10 billion. This is ridiculous, most investors will steer clear of coins like this. There should be a cap of say 10 coins per block with ultimate cap of no more than 1 billion. [Corrected to 10 billion]
  3. Roadmap - The merger was announced on 10th June 2015, nearly 1 year ago and it has taken this long for anything to happen. All we know is the coin is to be rebranded to GoPoints.
  4. Media - There needs to be a concerted effort to promote this concept, once Roadmap is established. I mean hitting all the news sites and you want to be hitting mainstream news media as well.
If GoCoin are serious about GoPoints (ZiftrCoin) then these 4 things all should be addressed, otherwise this will become just another worthless clone of bitcoin.
Disclaimer: I am an investor in the coin, have no affiliation to ZiftrCoin / GoCoin, and did not participate in the ICO.
submitted by justcoins to ziftrCOIN [link] [comments]

ziftrWALLET Mobile Now in Open Beta

Today ziftrWALLET for Android is entering open beta. That means anyone with an android device can now download and test out it out!
 

Its available on the Google Play Store here.

Requires Android 4.0.3 and up
 

Some benefits of our wallet include:

 
 
 
 
 
 
We want your feedback in order to help us improve the wallet and make it better for everyone using it so please be honest and constructive when reviewing the wallet. You can send any issues to our help desk or send us an email at [email protected].
 
Thank you and we hope you check it out!
submitted by RyanCD to ziftrCOIN [link] [comments]

ZiftrCOIN Launch Update

Announcing the ziftrCOIN Release

ZiftrCOIN will be launching this Saturday(February 28th) see more info here. We’ve put a lot of hard work into it and a large portion of our efforts have been leading to this very moment. We couldn’t have gotten here without all the support we received during the ziftrCOIN Presale and we just want to again express our gratitude to all presale participants, as well as everyone who has expressed interest in ziftrCOIN.
 

Specifications:

 
We are pre-mining 4.5% of the total ziftrCOINs, 66.7% of which we will give away to consumers. In doing this, we hope that more consumers start to become familiar with cryptocurrency.
 

You will be able to begin CPU mining via the ziftrCOIN-Qt wallet immediately upon release to get a bit of a head start. As for GPU mining, we’re waiting to release our GPU code until 1-2 weeks after the coin release date. Why? A couple reasons:

 
Be sure to follow ziftrCOIN on Twitter (@ziftrcoin) for all mining update announcements.
     

What Makes ziftrCOIN different?

 

$1 Minimum Redemption Value

 
ziftrCOIN comes with a built-in use case. When spent in Ziftr’s merchant network, each ziftrCOIN will have a minimum redemption value of $1. Think of ziftrCOINs as your very own Ziftr coupons.
   

Incentivized Proof of Knowledge Mining

 
In our version of Proof of Knowledge, the miner may optionally prove knowledge of transaction data while mining to get a slightly higher reward. More specifically, a block solved with Proof of Knowledge of transaction data is allowed to claim a 5% higher reward than those that are not. The idea here is that we want to incentivize miners to run their own software to decide which transactions will be processed, rather than just working on data given by the pool operator. With this setup, pools can still exist to limit the variance of miners, but are no longer the source for transaction data while mining. In addition, an SPV node may verify the Proof of Knowledge of transaction data with only one more transaction from the block, rather than downloading the full block data.
 

Mature Coins Spent as a Tiebreaker

 
In ziftrCOIN, the core client calculates the number of sufficiently old coins spent in each new block received on the peer-to-peer network. When two blocks are solved on the tip of the chain at nearly the same time, the block with more sufficiently old coins spent in it is chosen as the correct block. Chains are still prioritized by most-work first; the counting of old coins spent is only used when two chains have the same work. This tiebreaking strategy makes it unprofitable for a miner to mine PoK blocks while not including transactions because the blocks would have far fewer old coins spent in the block, and they would lose ties. Since the tiebreaking strategy is mathematically expected to take effect in approximately 18% of blocks, a 5% increase in rewards would not be sufficient to make this attack worthwhile.
 

Dynamic Block Size Limit

 
The ziftrCOIN block size limit is not set to a fixed constant, as is currently done in Bitcoin. Instead, the chain automatically allows for growth as transaction volume increases. This can be faked by miners, but a clear majority of miners must be artificially increasing block size limits in order for the block size limit to increase unnecessarily. The block size growth is limited to 10% every 3 months, which is roughly equivalent to doubling every 2 years.
 

Coin Distribution Model

Most coins follow a halving block reward distribution that incentivizes early adopters to participate before the block reward drops. Instead, we decided to try to match the distribution with common adoption curves for new technologies. For example, the chart contained in this article (below for convenience) shows the standard adoption curve of new technologies. Ten billion total ziftrCOINs will be created over 30 years, with the coins distributed in each block changing each day following a standard bell curve.
 

Support for OP_CHECKLOCKTIMEVERIFY

The Bitcoin scripting language currently has no way to make a transaction output that cannot be spent until a later point in time. The ziftrCOIN network supports the use of both OP_CHECKLOCKTIME and OP_CHECKLOCKTIMEVERIFY to allow the creation of outputs that can only be spent after a certain point in the blockchain. This is useful in many scenarios, such as using escrow with a third party who cannot participate in the arbitration process unless there is actually a problem between the two transacting parties. This scripting opcode was also used to lock up the coins that Ziftr received (not including giveaway coins) in the genesis block. The goal here is to prove to the community that we are not going to take the coins we have set aside and dump them on the market, because we literally could not even if we wanted to. The core client, however, does not currently relay transactions that use these types of outputs, but these rules will likely be relaxed soon.
 

Convenient Transaction Processing Speed

The expected generation rate of ziftrCOIN blocks is 1 block per minute. This block generation time was chosen as a trade-off between convenience and consensus.
   
We hope you’re as excited as we are about the release of ziftrCOIN! If you have any questions or comments, please reach out to us on Twitter or Reddit or email us directly at [email protected].
     
submitted by RyanCD to ziftrCOIN [link] [comments]

Ziftrcoin (GoPoints) use case.

More and more companies have started to create systems so that you can buy items with bitcoin from websites that don't offer the option. More websites and companies still have just simply started to accept bitcoin payments directly.
The use case of Ziftrcoin was always to be a simple cryptocurrency with a company backing up its value so that it could gain a more mainstream adoption. But with Bitcoin becoming ever popular and more usable, in regards to the purchase of common goods, every day, what use will Ziftrcoin actually have if development takes much longer?
Ziftcoin was sold on the fact that it would capitalise on an untapped mainstream market. Certainly that is what I and most other investors bought it on, but as time is ticking by and still few developments in that direction are materialising, I am growing worried that, while we wait, Bitcoin or another currency might have already stepped in to fill the gap by the time we get there.
I've also kept up to date with the latest innovations in blockchain technology being taken on by Bitcoin, Ethereum or some other cryptocurrency, will Ziftrcoin actually be a competitive coin against everything else when it finally lives up to its promises?
Ziftrcoin needs more action as a cryptocurrency and it needs it soon before its use case becomes obsolete.
submitted by matt2048 to ziftrCOIN [link] [comments]

New Multicoin Wallet ziftrWALLET holds Bitcoin, Litecoin, Dogecoin, and ziftrCOIN

Hi everyone,
today ziftrWALLET for Android is entering open beta. That means anyone with an android device can now download and test out it out!
 
ziftrWALLET is a new multicoin wallet that is part of a brand new ecommerce platform being developed by the folks at ziftr.
 

Its available on the Google Play Store here.

Note: Requires Android 4.0.3 and up
 

Some benefits of our wallet include:

 
 
 
 
 
 
We want your feedback in order to help us improve the wallet and make it better for everyone using it so please be honest and constructive when reviewing the wallet. You can send any issues to our help desk or send us an email at [email protected].
 
Thank you and we hope you check it out!
submitted by RyanCD to dogecoin [link] [comments]

Ziftrcoin Core - Runaway Exception

I've installed the client and it works great, until I exit the program. Upon restart, it crashes immediately, giving me the following error:
"Runaway Exception" A fatal error occurred. Bitcoin can no longer continue safely and will quit.
EXCEPTION: N5boost12interprocess22interprocess_exceptionEAccess is denied. C:\Program Files\Ziftrcoin\ziftrcoin-qt.exe in Runaway exception
Windows 8.1 64 bit, FYI.
I've tried reinstalling, changing the read-only flag, and reinstalling to a different location, all with no luck. I always get this message by the second time i run the program.
Any suggestions?
submitted by coast_transplant to ziftrCOIN [link] [comments]

GIVE AWAY 300,000,000 ZRC?

Hello.
Give away 300,000,000 zrc. how does this affect their value?
EXTRACT FROM THE OFFICIAL PAGE Pre-Mine We pre-mined 4.5% of the total ziftrCOINs, 66.7% of which we will give away to consumers. In doing this, we hope that more consumers start to become familiar with cryptocurrency. To further achieve this goal, we have developed a mobile wallet that will hold all major types of cryptocurrency, including Bitcoin, Litecoin and ziftrCOIN.
In addition to helping us seed the marketplace with consumers who have coins to spend, our ziftrCOIN pre-mine gave us the opportunity to raise some capital to curate the currency and provided us with the necessary funding to create tools that are equipped to support a new coin. In order to maintain complete transparency with the community, we have created a reference on the ziftrCOIN pre-mine, as well as the purpose of all pre-mined coins, in the table below.
Amount (ziftrCOINs) Purpose Available % Total coins 300 Million To be given away to users via promotions 100 coins to first 1 million users 50 coins to next 2 million users 20 coins to last 5 million users At coin launch 3% 50 Million To be sold in a presale At coin launch 0.5% 25 Million Saved for employees and advisors 1 year from coin launch 0.25% 25 Million Saved for employees and advisors 2 years from coin launch 0.25% 25 Million Saved for employees and advisors 3 years from coin launch 0.25% 25 Million Saved for employees and advisors 4 years from coin launch 0.25%
submitted by javierkto to ziftrCOIN [link] [comments]

Could use some help getting started.

I've looked into bitcoin before but could never figure out how to get it to work correctly, but I heard that Ziftr is supposedly much more simple to learn, so I'm giving it a try.
On the getting started page for pool mining it says to go to the "Type" tab in my ZiftrCOIN - Wallet, but I dont see it anywhere. I've gone through the settings and have googled around but can't find any answers. Could someone explain what it is I'm missing?
submitted by Haktir to ziftrCOIN [link] [comments]

ZiftrCOIN Mining Update: Proof of Knowledge algorithm

TL;DR: Ziftrcoin is dropping Sign to Mine(S2M) and using the new Proof of Knowledge algorithm due to the potential problems S2M could create being much worse than the ones it was meant to solve.
     

Goodbye Sign to Mine. Hello Proof of Knowledge.

One of the things we love so much about cryptocurrency is the opportunity to engage with a community of brilliant individuals who are just as passionate about this technology as we are. Our priority, first and foremost, is to put out the best tools, applications, and products possible to improve cryptocurrency and facilitate mass adoption.
Fortunately, thanks to Reddit, BitcoinTalk and other online cryptocurrency communities, we’ve received a lot of great feedback – specifically on our Sign to Mine mining algorithm. We’ve taken all of this valuable feedback into careful consideration and have decided to say goodbye to Sign to Mine and hello to a new and improved mining algorithm that we’re calling Proof of Knowledge.
Please read on for all the details behind this decision and for an introduction to Proof of Knowledge. As always, we would love to hear any and all constructive feedback!
   

Problems with Mining

When we first set out to create ziftrCOIN, one of the goals that we had was to make improvements on cryptocurrency wherever we could. Bitcoin has a handful of issues that some people see as possible problems – problems that we wanted to try to fix and prevent.   One of these issues is the risk of centralized control of the network hashing power. As mining gets more difficult, there is a natural tendency to have fewer yet larger mining pools. Unfortunately, the operators in charge of these pools then have control over large portions of the miners. The problems caused by this are outside the scope of this discussion but they include 51% attacks, selfish mining, and coordinated double spending.   These problems only exist if the miners act on them. While it is unlikely that a large group of anonymous strangers would all be willing to combine forces to attack the network, a pool operator may choose to do so single-handedly. This is exactly where centralization becomes a problem: when pool operators have exclusive control over a large portion of the hashing power of the network.
 

Sign to Mine As a Proposed Solution

This was where our S2M solution was meant to help. In a normal mining setup, the miners mine the coins directly to an address controlled by the pool. It’s then up to the pool to distribute the rewards appropriately. With S2M, all miners working together must have the ability to withdraw the mined coins directly. This means that any single miner on the pool could choose how to distribute the rewards, including taking 100% of them. The idea is that S2M could prevent pooling by large groups of anonymous strangers. Pooling would still be possible, but every member of the pool would have to trust the entire group. However, pools serve a very important function for miners, which is to smooth out reward variance. It’s impractical for a miner to leave their equipment running for long periods of time in the hopes that they’ll win a large reward. Small constant payouts are practically required for miners to operate.   We had plans to solve the rewards variance problem by providing a solution called social pooling. With social pools, miners could use reputation systems and social networking to find groups of like-minded miners to work with. In this way, people could pool their power and vary the rewards while also reducing the risk of loss caused by an anonymous user running off with the coins.
   

Possible Problems Caused By Sign to Mine

All of this sounds pretty good, so why get rid of S2M? The short answer is that our testing and theory-crafting showed that the problems created by the system could be much worse than the ones it was meant to solve. In addition, there are also ways pool operators could work around the limitation.
 
First, let’s look at some possible problems caused by S2M. If a miner is not getting regular rewards, it’s a safe assumption that they will simply stop mining. What this means is that only miners with enough hashing power to get regular payouts, sometimes referred to as whales, will mine. This leads to the exact problem we wanted to prevent in the first place: large portions of the mining power controlled by a single entity. In this case, it could be even worse because unlike the pool operators in a typical mining scenario, these miners would have direct control over the equipment itself.
 
Social pooling was our proposed solution for combatting the centralized mining by whales. In theory, groups of friends could gather enough hashing power to become equal to larger miners. However, what we’ve discovered is that the social mining would heavily reward malicious users and bad actors, leading to things like scamming users, creating fake accounts to build rep, and buying and selling of high-ranked accounts in order to steal block rewards. There are already enough problems in cryptocurrency with user security, theft, and scamming. To not only invite these problems but also to create a system that outright rewards bad actors seems to be the wrong answer.
 
The next issue is pool operators simply working around the system. Operating a pool can be a profitable enterprise. S2M would increase demand for a good pool to connect to. With S2M, the risk is that a miner could run away with the block rewards. A pool operator could easily work around this by providing each miner with a unique address to sign and mine with. By doing this, if a user ran off with the coins, the pool would know which user it was. The pool operator could then simply require a deposit equal to a single block reward, meaning that for any miner to mine on the pool they would have to give a block reward worth of coins temporarily to the pool. These coins could be held in a type of escrow account. When the user is done mining, they could check out, and get their deposit returned. If the user is found to have stolen a block reward, then the pool would simply seize the deposit. This could further be expanded on by allowing users to enter credit card info instead, or by requiring users to mine a block reward worth of coins before allowing a withdrawal.
 
Setting up account systems, escrow systems, and/or credit card processing systems isn’t a simple task. What this means is that only larger groups of dedicated people could create and operate pools. This would further push out the “little guy” and lead to centralized pools. Also, since the pools would be in demand, pool operators would also be able to charge large fees. The large fees would reduce the profitability of mining and lead to less users mining and a less secure blockchain.
 
Just like social pools, these large “buy in” pools are also breeding grounds for malicious activity. Hackers stealing deposits, scam pools accusing miners of theft to seize deposits, and credit card and account theft are just a few of the things that are likely to happen in a setup like this. When mining as part of a pool, the miner already has to put a lot of trust in the pool operator. Inviting all these other ways in which the miner could be ripped off is a bad idea for the mining community.
 
Due to all of these issues, it simply doesn’t make sense to keep S2M as part of ziftrCOIN. It’s a lot of work and risk for the miners who won’t even directly see the benefits. Keeping miners mining is an important part of keeping a blockchain strong. It seems much more likely that S2M would backfire and cause the problems it’s meant to prevent than it does that the problems would arise in the first place.
 
With all of this said, we had already put some resources into developing Sign to Mine before we decided not to go that route. The Sign to Mine code is contained within a branch in our GitHub repository, which will be made available when the coin is released. Obviously, this will be freely issued and available for anyone to use. There may be variations of S2M that put better incentives in place, and it would be great to see someone out there find a better way to use it.
 

ziftrCOIN’s New and Improved Mining Algorithm: Proof of Knowledge

Keeping mining decentralized is still an important goal for us, but attempting to force it via S2M doesn’t seem to be the solution. Instead, we are going to use something that we call Incentivized Proof of Knowledge.
In our version of Proof of Knowledge, the miner may optionally prove knowledge of transaction data while mining to get a slightly higher reward. More specifically, a block solved with Proof of Knowledge of transaction data is allowed to claim a 5% higher reward than those that are not. The idea here is that we want to incentivize miners to run their own software to decide which transactions will be processed, rather than just working on data given by the pool operator. With this setup, pools can still exist to limit the variance of miners, but are no longer the source for transaction data while mining.
 
The exact hashing algorithm used is a combination of the 5 finalist algorithms that NIST selected as candidates for SHA3 (BLAKE, Grøstl, JH, Keccak, and Skein). The first in the series, Keccak, is executed, and then the order of the next four is determined based on the result.
 
The opt-in process of using transaction data while mining should reward miners who contribute their resources to the network in the form of running a full node. However, a pool protocol could just transfer transaction data and circumvent the requirement that the miner run a full node. Transmitting all transaction data to miners would require large amounts of bandwidth, however, so we do not expect that this will be an issue. In addition, even if this were done, it still increases decentralization by making miners aware of transaction data (in the standard work protocol, miners are not given autonomy to determine which transactions are mined into a block).
 
The obvious attack on this system is that miners could simply not run a full node and never add any transactions to their blocks. Since their blocks would be empty, there would be nothing to prove knowledge of. This would allow them to avoid the bandwidth overhead while still mining with Proof of Knowledge of transaction data to gain the 5% in rewards. But this is where the tie-breaking strategy kicks in.
 
In ziftrCOIN, the core client calculates the number of sufficiently old coins spent in each new block received on the peer-to-peer network. When two blocks are solved on the tip of the chain at nearly the same time, the block with more sufficiently old coins spent in it is chosen as the correct block. Chains are still prioritized by most-work first; the counting of old coins spent is only used when two chains have the same work. This tie-breaking strategy makes it unprofitable for a miner to mine PoK blocks while not including transactions because the blocks would have far fewer old coins spent in the block, and they would lose ties. Since the tie-breaking strategy is mathematically expected to take effect in approximately 18% of blocks, a 5% increase in rewards would not be sufficient to make this attack worthwhile.
 
Why make mining with Proof of Knowledge optional? The reason is that we don’t want to add unnecessary barriers to entry. Many miners may not find a 5% increase in payouts to be a sufficient reward for the hassle of running a full node. These miners could still participate in the ecosystem through a standard pool, but are at a slight economic disadvantage.
 
As mentioned above, we welcome any and all constructive feedback regarding our new mining algorithm. We believe wholeheartedly in the future of cryptocurrency and we value the community’s insight as we continue to do everything we can to improve it.
submitted by ZCdev_Stephen to ziftrCOIN [link] [comments]

Ziftr Talks Increasing Merchant Adoption of Cryptocurrencies

Ziftr Talks Increasing Merchant Adoption of Cryptocurrencies |Ziftr, a cryptocurrency company dedicated to expanding the use of Bitcoin and cryptocurrencies in every day life, is preparing for the launch of their own Ziftrcoin. Ziftrcoin “was created to give hundreds of millions of Ziftrcoin to the public.” The new coin features technological advancements i... - More at http://www.tradingmates.com/?p=1536 | TradingMates.com
submitted by TradingMates to social_trading [link] [comments]

Announcing the ZiftrCOIN Release (x-post from /r/ziftrcoin)

Announcing the ziftrCOIN Release

ZiftrCOIN will be launching this Saturday(February 28th) at noon(12 p.m. EST)! We’ve put a lot of hard work into it and a large portion of our efforts have been leading to this very moment. We couldn’t have gotten here without all the support we received during the ziftrCOIN Presale and we just want to again express our gratitude to all presale participants, as well as everyone who has expressed interest in ziftrCOIN.
 

Specifications:

 
We are pre-mining 4.5% of the total ziftrCOINs, 66.7% of which we will give away to consumers. In doing this, we hope that more consumers start to become familiar with cryptocurrency.
 

You will be able to begin CPU mining via the ziftrCOIN-Qt wallet immediately upon release to get a bit of a head start. As for GPU mining, we’re waiting to release our GPU code until 1-2 weeks after the coin release date. Why? A couple reasons:

 
Be sure to follow ziftrCOIN on Twitter (@ziftrcoin) for all mining update announcements.
     

What Makes ziftrCOIN different?

 

$1 Minimum Redemption Value

 
ziftrCOIN comes with a built-in use case. When spent in Ziftr’s merchant network, each ziftrCOIN will have a minimum redemption value of $1. Think of ziftrCOINs as your very own Ziftr coupons.
   

Incentivized Proof of Knowledge Mining

 
In our version of Proof of Knowledge, the miner may optionally prove knowledge of transaction data while mining to get a slightly higher reward. More specifically, a block solved with Proof of Knowledge of transaction data is allowed to claim a 5% higher reward than those that are not. The idea here is that we want to incentivize miners to run their own software to decide which transactions will be processed, rather than just working on data given by the pool operator. With this setup, pools can still exist to limit the variance of miners, but are no longer the source for transaction data while mining. In addition, an SPV node may verify the Proof of Knowledge of transaction data with only one more transaction from the block, rather than downloading the full block data.
 

Mature Coins Spent as a Tiebreaker

 
In ziftrCOIN, the core client calculates the number of sufficiently old coins spent in each new block received on the peer-to-peer network. When two blocks are solved on the tip of the chain at nearly the same time, the block with more sufficiently old coins spent in it is chosen as the correct block. Chains are still prioritized by most-work first; the counting of old coins spent is only used when two chains have the same work. This tiebreaking strategy makes it unprofitable for a miner to mine PoK blocks while not including transactions because the blocks would have far fewer old coins spent in the block, and they would lose ties. Since the tiebreaking strategy is mathematically expected to take effect in approximately 18% of blocks, a 5% increase in rewards would not be sufficient to make this attack worthwhile.
 

Dynamic Block Size Limit

 
The ziftrCOIN block size limit is not set to a fixed constant, as is currently done in Bitcoin. Instead, the chain automatically allows for growth as transaction volume increases. This can be faked by miners, but a clear majority of miners must be artificially increasing block size limits in order for the block size limit to increase unnecessarily. The block size growth is limited to 10% every 3 months, which is roughly equivalent to doubling every 2 years.
 

Coin Distribution Model

Most coins follow a halving block reward distribution that incentivizes early adopters to participate before the block reward drops. Instead, we decided to try to match the distribution with common adoption curves for new technologies. For example, the chart contained in this article (below for convenience) shows the standard adoption curve of new technologies. Ten billion total ziftrCOINs will be created over 30 years, with the coins distributed in each block changing each day following a standard bell curve.
 

Support for OP_CHECKLOCKTIMEVERIFY

The Bitcoin scripting language currently has no way to make a transaction output that cannot be spent until a later point in time. The ziftrCOIN network supports the use of both OP_CHECKLOCKTIME and OP_CHECKLOCKTIMEVERIFY to allow the creation of outputs that can only be spent after a certain point in the blockchain. This is useful in many scenarios, such as using escrow with a third party who cannot participate in the arbitration process unless there is actually a problem between the two transacting parties. This scripting opcode was also used to lock up the coins that Ziftr received (not including giveaway coins) in the genesis block. The goal here is to prove to the community that we are not going to take the coins we have set aside and dump them on the market, because we literally could not even if we wanted to. The core client, however, does not currently relay transactions that use these types of outputs, but these rules will likely be relaxed soon.
 

Convenient Transaction Processing Speed

The expected generation rate of ziftrCOIN blocks is 1 block per minute. This block generation time was chosen as a trade-off between convenience and consensus.
   
We hope you’re as excited as we are about the release of ziftrCOIN! If you have any questions or comments, please reach out to us on Twitter or Reddit or email us directly at [email protected].
     
submitted by RyanCD to CryptoCurrency [link] [comments]

Some questions about ZiftrCoin

I want to ask some questions about ZiftrCoin: 1. ZiftrCoin will be negotiated in exchanges as Bittrex, Bleutrade and Cryptsy? 2. This currency is based on the Bitcoin protocol? 3. What is the currency symbol? Bitcoin = BTC, ZiftrCoin is...?
submitted by rodrigohenrik to ziftrCOIN [link] [comments]

Introducing ZiftrCOIN

Hi All! Wanted to take a moment to officially introduce ZiftrCOIN. We're excited to introduce our new tools and apps to the community and let you guys know what we’ve been up to recently.
 

ZiftrCOIN Specifications:

 

How is ZiftrCOIN different?

One of ziftrCOIN’s key differentiators is that it’s not trying to compete with Bitcoin or other altcoins. We’re actually trying to help raise the value of all coins and increase cryptocurrency adoption rates. By using ziftrCOINs as the gateway coin into cryptocurrency for the next 10 million users, we are hoping to effectively introduce people to the benefits of this great technology and create one seamless experience where people can play around and use all the different types of coins they want to. ziftrCOIN also introduces some new ideas and technology into existing cryptocurrency. It's all laid out in our white paper if you want the detailed technical information. The short version is that we have some features designed to prevent large mining pools and to keep our coins decentralized. We're also guaranteeing that ziftrCOINs can be redeemed for a minimum of $1 in Ziftr’s retailer network.
 

The ZiftrVERSE:

Our full suite of products and services (ZiftrCOIN is a part of the ZiftrVERSE)
 

ZiftrCOIN

ZiftrCOIN’s goal is to introduce more people into cryptocurrency, while also improving on certain technical features of popular coins today.

- Current Stage: Development

 

ZiftrWALLET

One of our main focuses so far has been to develop a user friendly wallet, that has some great new features we felt have been lacking in the current wallet environment.
 

Wallet Feature Overview:

  1. Stores multiple cryptocurrencies
  2. Puts security into the hands of the user
  3. Requires minimal storage space.
  4. Frequently updates market value numbers for all coins

- Current Stage: Open for Beta Testing. Limited invites per day.

 

ZiftrSHOP

A worldwide online marketplace where consumers can search for hundreds of millions of products among Ziftr’s tens of thousands of retailers and conduct transactions using credit cards or cryptocurrency.

- Current Stage: Ziftr.com being redesigned

 

ZiftrPAY

A secure API that enables retailers to accept both cryptocurrency and credit cards without having to view or store the customer’s credit card information

- Current Stage: API developed, working to integrate new retailers

 
If you would like an invite to the wallet beta, go ahead and sign up at www.ziftrwallet.com and tweet using #ziftrwallet to @ziftrcoin for a priority invite.
 

Links

• Whitepaper - http://www.ziftrcoin.com/docs/ziftrcoin-whitepaper.pdf
• Official website - www.ziftrcoin.com
• FAQ - http://www.ziftrcoin.com/what-is-ziftrcoin/faq/
• Announcements - https://www.ziftrcoin.com/news/
• Twitter - https://twitter.com/ZiftrCoin
• Google+ - https://plus.google.com/+Ziftrcoin/posts
submitted by ziftrcoin to ziftrCOIN [link] [comments]

New ZiftrWALLET Beta Release

We’re excited to announce the release of our ziftrWALLET Mobile Beta for Android! Our ZiftrWALLET is a secure digital wallet that holds multiple cryptocurrencies including bitcoin, litecoin, and dogecoin with more to be added soon!
Available for Android users at http://ziftrWALLET.com, people can enter their email address to request an invite to become a beta tester.
 
ziftrWALLET Mobile is the first multicoin digital wallet to combine the security and control of a desktop wallet with the speed and convenience of a cloud wallet. It stores multiple cryptocurrencies and traditional fiat currency in one secure location.
 

ziftrWALLET Mobile - Beta Overview:

 

1.Stores multiple cryptocurrencies

2. Puts security into the hands of the user

3. Requires minimal storage space.

4. Frequently updates market value numbers

 

Other Features

 

We want your feedback!

We’re really excited about the new features of our wallet and hope everyone who wants to is able to try it out and help us make it as great as possible.
You can read more about ziftrWALLET Mobile at www.ziftrWALLET.com or read about our other tools and developments at www.ziftrcoin.com .
submitted by RyanCD to ziftrCOIN [link] [comments]

New Multicoin Wallet ziftrWALLET - Now in Open Beta (xpost from /r/ziftrcoin)

Today ziftrWALLET for Android is entering open beta. That means anyone with an android device can now download and test out it out!
 
ziftrWALLET is a brand new multicoin digital currency wallet that combines the security and control of a desktop wallet with the speed and convenience of a cloud wallet
 

Its available on the Google Play Store here.

Note: Requires Android 4.0.3 and up
 

A few benefits of our wallet include:

 
 
 
 
 
 
We want your feedback in order to help us improve the wallet and make it better for everyone using it so please be honest and constructive when reviewing the wallet. You can send any issues to our help desk or send us an email at [email protected].
 
Thank you and we hope you check it out!
submitted by RyanCD to Bitcoin [link] [comments]

What is Bitcoin and Ziftrcoin? Bitcoinist News Bits 15.12.14 Ziftrcoin Wallet And Mining On Linux Earn 0.01 BTC every 4 minutes (earnings 5-7 Bitcoin per month) How to mine Ziftrcoin with GPU

ziftrCOIN price today is with a 24-hour trading volume of . It has a circulating supply of 0 coins and a max supply of 10 Billion coins. In order to explore addresses and transactions, you may use block explorers such as explorer.myziftr.com. Additional information can be found at https://www.ziftrcoin.com. Converting ziftrCOIN to btc For the past few days I have been trying to convert my 300+ ziftrCOINs into bitcoin so that I can transfer the bitcoin to my PayPal account. Which converer or exchanger should i use. Find price of ZiftrCoin (ZRC*) in USD and other fiat currencies of the world. Market Cap: $266b. 24H Vol: $136b. btc dominance: 62 ... Bitcoin Dominates Jack Dorsey's Cash App in Q1 2020 with $306 Million Revenue. BitMEX Causes a Significant Surge in BTC Transaction Rates at 13:00 UTC Daily. Bitcoin Transaction Fees See a Massive Spike In The Run Up To The BTC Reward Halving . Bitcoin Yet To ... Сurrent Zrcoin / Bitcoin exchange rate, Real-time market data: buy & sell rate, charts, order book Bitcoin Exchanges Add ZiftrCOIN Listing Prior to Presale End. December 30, 2014. bitcoinvox.com. ZiftrCOINs to be Listed on Cryptsy. December 30, 2014. Monadnock Ledger-Transcript. Technology’s changing face: One man’s hobby is challenging traditional means of business of transactions. December 28, 2014 . bitcoinvox.com. Ziftr CrowdSale Passes Half a Million. December 23, 2014. CoinDesk. E ...

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What is Bitcoin and Ziftrcoin?

Crypto Mining Tutorial! Use your CPU and GPU to make you real money! (June 2017) - Duration: 8:26. The Hot End - 3D Printing & Tech Reviews 61,784 views ZiftrCoin CPU Mining Guide - Crypto Currency for the masses? - Duration: 3:37. Tom's Tech Gaming 9,978 views. 3:37. Inside a Secret Chinese Bitcoin Mine - Duration: 9:17. Motherboard 4,490,743 ... Earnings 5-7 Bitcoin per month Just set the settings like in the video Registration: https://goo.gl/y3VTy7 bitcoin mining, what is bitcoin mining, mining bitcoin, bitcoin mining hardware, how do ... Hey, here's a little guide on how to use ZiftrCoin-Wallet with Proof of Knowledge enabled (^__^) For now Ziftr is CPU only but will get GPU support in the near future, they just want to give some ... Get My Game! Google Play: https://goo.gl/6uShZU Amazon: https://goo.gl/dA4mdI PLEASE READ ME! ----- Hey guys thanks for taking the time to watch this video. I've got a TON of interesting stuff ...

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