Anyone else feel comfy with their weekly ZEN node gains today?
ZenAnons report in.
Anyone else feel comfy with their weekly ZEN node gains today?
Gabriel Price
Cooper Reyes
I set up 1 ZCoin node and it was a pain in the ass to manage, especially with the dev requiring a reset every update (Which forced me out of the queue, meaning longer waits)
Brandon Davis
There's managed hosting for ZCoin which makes it slightly less of a headache. Same goes for ZenCash. I do run all these nodes by myself, not that much of a headache, except for the upcoming network upgrade fork, but it will x3 my profits, so I do not mind about the downtime.
Xavier Myers
would it be worth it to get in on the node game now?
42 ZEN for a node doesn't seem bad at all.
Gavin Rodriguez
how does managed hosting work? Do you mean a VPS or literally someone else managing your shit for you? I was thinking of just buying a few zen super nodes instead the small ones. I could get like, 4 or 5
Colton Parker
what the fuck? I only have enough in crypto to afford a node, is it smart to all in this? be honest with me.
from what I see, you made over fucking 150 dollars worth of zen in a day.
someone fud me out of this, please.
Dylan Bennett
he is running a lot of nodes not just 1
Gavin Reed
okay thank you, that makes more sense.
Connor Lee
>someone fud me out of this, please.
bitmain likely has a shit ton of zen mined in secret with their asics, and they will control the supply of all mining hardware for equihash while keeping the best shit for themselves until they've used it and abused it and dump the asics on normans. they will control the majority of nodes
Ryder Diaz
Does a zen node actually use a computer to give resources to the network? Or is it just PoS?
Carter Young
also this. Any news on if Zen will fork to avoid ASICs? Over 50% of Monero's hashrate was ASICs even before they got discovered.
Ethan Lewis
it supplies end-to-end tls encryption for transactions and probably messaging and all the other cool shit zen is supposed to be able to do besides just sending zencash around. so, yes it does give bandwidth, secure connections and some small computation to the network. maybe eventually file storage i havent looked too deeply
Lucas Gomez
>if Zen will fork to avoid ASICs?
no news, I doubt they fork honestly
Caleb Campbell
Well, I have 35 of them so don't expect a unbiased opinion. But I think we'll see incentived nodes make a comeback in the short term. It is a great way to earn passive income, and if you have some decent bags all that is required is for Zen to go x2 and you'll be set for the foreseeable future with payouts from supernodes (I know I will be).
They manage the VPS for you and point it to your staking wallet which you control. Coins will always remain in your own wallet.
Yes, they do handle network computation, there is a whitepaper just on nodes
> zencash.com
Supernodes will handle elevated network computation in the future.
Like sidechain and DAG transactions.
Joshua Adams
sad
thanks. i may end up getting in on the node meme
Jordan Ross
Colton Brooks
Who exactly will manage it? Someone from the subreddit or what?
Samuel Nelson
Dont listen to this user, there is a scheduled hardfork for july 1, and then the plan is to fork to an asic resistant form of equihash 4-6 weeks later.
Grayson Martin
They are looking into a potential fork, but earliest would be September, so don't count on it. They do have a very level headed and intelligent ungoing discussion surrounding the entire ASIC debacle.
> blog.zencash.com
> github.com/ZencashOfficial/zen/issues/142
They are quite normal hosting companies who's business model is to set up VPS and run nodes for people who can't. For ZEN for example you have: thesecurenodes.com - There are 2 or three right now, you can find some better deals on the ZenCash discord though.
Henry Green
literally who is zen
Charles Reed
Actually meant to link this one
> blog.zencash.com
They will be forking 100% but that was on the table before ASIC's. The equihash algorithm change that is being talked about may not make it into ZenCash a few weeks later as you said. Unfortunately it is impossible to say by how much it benefit the fight against ASICs.
Levi Carter
Sure its just planned for now and it fould change, but they seem to listen to the community in earnest.
Nolan Walker
Indeed. And if you look at the ZCash debate on ASICS it kinda went south with Zookoo not being able to handle the situation. He locked the thread about the discussion only to have one of the other main devs reopen it and openly oppose Zookoo. Stark difference from how ZenCash has been handling it.