Is ZenCash ZEN Mining Still Profitable 2018

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ZenCash is a private, distributed, and reliable platform for communications, transactions, and publishing. We are aiming and moving towards completely trustless model executing it in accordance with our roadmap.

Currently we are in a very turbulent state constantly expanding and engaging new people. The new website is in the making with an updated whitepaper and roadmap. We are redesigning our logo together with our community and you are welcome to have a say in this! Anonymity is guaranteed by zk-snarks, a technology developed by Zcash, whereas we try to discover use-cases and make a difference. We have improved on anonymity by creating a secure node network where all data is encrypted via TLS which results into traffic being indistinguishable from usual https net used daily everywhere and also strips metadata off. How Do Ethereum Classic ETC Miners Work. I feel somewhat obliged to point out the sharp contrast between secure node and a masternode model employed in different cryptocurrencies -- usually masternodes are forks of DASH and mere copies of DASH codebase but secure nodes are an unique, written from the ground-up, system with no analogue in crypto. Purpose of secure nodes is not to artificially limit supply or to promise income for an early investors.

Secure node reward is an incentive for IT sysadmins to run and operate secure nodes and to compensate their time and hosting expenses. Although we do expect that operating node will be profitable, our philosophy and intent is rather to pay for provided service -- and anyone willing to run a secure node is certainly welcome to learn and join. How Long To Mine A Dogecoin DOGE.

ZenCash employs a treasury model meaning that funding for development, marketing and entrepreneurship is taken from mining reward. Currently miners receive 88%, secure node operators get 3.5% and the rest goes to treasury which results in 18360 ZEN monthly.

Funds are controlled by Zen Blockchain Foundation, a Delaware-based nonprofit corporation. Although in future we would love to move to a completely decentralized DAO model and in fact that is a next big goal in our roadmap! Treasury is everyone's money and it's up to you, community, how it's spent. Although currently control is locked by core team you are still encouraged to create and discuss proposals. If you want to do something -- do it. If you require funding or simply want to get paid for your work ask for it.

If you feel as if someone's trying to unjustly profit off ZEN voice your opinion. • • • • Written by zjk (Discord channel) • • • • •.