About the Announcements Category
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Official updates from the Zano team: releases, milestones, listings, and ecosystem news. This category is read-only for posting, but discussion is welcome in the comments. Want to be the first to know? Activate your notifications for this channel.
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K kwibs pinned this topic on
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Just saw the announcement in Discord. It'll make it here shortly. Impressive but "Hard Fork 7"???
Did we skip 6 or is this for the next one after 6?Introducing Zenith: Zano's move to pure Proof of Stake. @everyone
A new consensus protocol, built on the privacy foundations of Zarcanum.
This isn't a pivot. It's where a road that started in 2013 finally converged. Every attempt to improve our hybrid model kept hitting the same wall: the PoW component. So we changed the question: what does the network look like if that interaction just isn't there?
Zenith is the result of more than 13 years of research into how a network can gain the benefits of modern Proof of Stake while preserving the privacy that users expect from Zano.
What changes after hard fork 7:
Block time speeds of ~15 seconds, down from one minute
4 to 6 block confirmations instead of the current 10, carrying stronger security guarantees than the 10 we wait for today
Typical TX confirmation in 60 to 90 seconds, down from an average of 10 minutes
Ephemeral blocks keep history light, so more blocks does not mean a heavier chain
PoW emission gone, 21,600 $ZANO a month that no longer gets partially sold by miners
Staking stays private, amounts hidden, no permanent link between your outputs and you -
Just saw the announcement in Discord. It'll make it here shortly. Impressive but "Hard Fork 7"???
Did we skip 6 or is this for the next one after 6?Introducing Zenith: Zano's move to pure Proof of Stake. @everyone
A new consensus protocol, built on the privacy foundations of Zarcanum.
This isn't a pivot. It's where a road that started in 2013 finally converged. Every attempt to improve our hybrid model kept hitting the same wall: the PoW component. So we changed the question: what does the network look like if that interaction just isn't there?
Zenith is the result of more than 13 years of research into how a network can gain the benefits of modern Proof of Stake while preserving the privacy that users expect from Zano.
What changes after hard fork 7:
Block time speeds of ~15 seconds, down from one minute
4 to 6 block confirmations instead of the current 10, carrying stronger security guarantees than the 10 we wait for today
Typical TX confirmation in 60 to 90 seconds, down from an average of 10 minutes
Ephemeral blocks keep history light, so more blocks does not mean a heavier chain
PoW emission gone, 21,600 $ZANO a month that no longer gets partially sold by miners
Staking stays private, amounts hidden, no permanent link between your outputs and you -
I'm still going over the zenith stuff. Very impressive improvements. Can't wait.
So what can we do with all the GPU once we go full PoS? Start our own "AI Pool".
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@freedomswap Okay aside from the "Captain Obvious" routine which I'm already doing with one system (earn xyz buy zano).
The new https://zanox.io/buy-zano is very nice and about a 2.5% fee which is low compared to the gouging a lot of the exchanges do.
I was hoping for something a bit more creative but yea there's always that LOL.
Pearl (PRL) is doing some interesting things trying to combo AI + Mining for a "TwoFer".
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Sorry if my comment came across as sarcastic. It wasn't intended that way. The more Zano users and use cases, the better.
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Sorry if my comment came across as sarcastic. It wasn't intended that way. The more Zano users and use cases, the better.
@freedomswap No problem. I didn't take it that way. Just a CO moment cause I'm already doing that.
Looking forward to all the latest Zano updates and milestones
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