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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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28925321 No.28925321 [Reply] [Original]

> website
https://zenon.network

>Trading
https://www.coingecko.com/nl/coins/zenon

> Everything you need to know about ZNN
https://shazzamazzash.medium.com/zenon-network-an-apes-guide-to-the-galaxy-7aad7dacdfef

> Moonpaper
https://de.catbox.moe/26kuuh.pdf

> Based Bitcointalk announcement
https://bitcointalk.org/index.php?topic=5279643.msg55303681#msg55303681

>Syrius Zenon wallet introduction
https://youtu.be/t6A7vKhp-MY

> based anon explanation
What is it:
Incredibly fast, almost infinitely scalable state of the art DLT. It combines the block lattice architecture that was first(?) used by Raiblocks/Nano with a DAG that exists as a separate layer for the consensus. The block lattice handles the transactions. It's going to be used to scale Web3 dapps as a L1, and also process transactions as a L2 chain.

Who does it:
This is an independent, open-source project and will probably be run by a foundation similar to Ethereum and Cardano, but I'm about 99.5% sure its backed by Square. I can enumerate the zillions of times they have hinted as such if I really have to here, but you can search for old biz posts on Zenon here and also on Warosu.

Square will likely use it to scale Bitcoin transactions where the default payment for merchants and Cashapp users is made in BTC, and then they can set it to dollars or pounds or whatever afterwards.

Its open source and not owned by Square, like how Node.js isn't owned by Google but has wide adoption. They'll easily recruit 1000s of legacy web apps for this bc no code changes are needed, and also dapps on Ethereum will easily switch over.

>> No.28925554

>>28925321
Their website is such a piece of garbage. I wanted to learn about their product not lock in a fucking hero

>> No.28925613

>>28925554
Wait until you see their Dev website. Soon.

>> No.28925644
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28925644

>>28925321
iykyk
>>28925554
stay poor

>> No.28925646

Give me a timeline for when it'll 10x. I'm not interested in a long hold.

>> No.28925712
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28925712

>>28925646
Eo Q1

>> No.28925722

>>28925321
Buzzword salad = pajeet scam

>> No.28925746

>>28925644
what kind of NIGGER designed that website? It doesn't fucking work and thats the tech you want to invest in? Shit like this will all be done using IPFS

>> No.28925792

>>28925722
no you're just retarded

>> No.28925834

>>28925321
Imagine spending years shilling this literal vaporware to have it do nothing and eventually die when you could have gotten loads of free Bella Protocol from staking ARPA.

wew

>> No.28926051
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28926051

>>28925834
Imagine spending years shilling literal ARPA vaporware shit to have it do nothing and eventually die when you could have gotten loads of free QSR from staking ZNN.

wew

>> No.28927280
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28927280

>>28925834

>> No.28928021

Most didn't buy Bitcoin at $50. Most won't buy this now. Oh well. My burden is being able to see the future when most normies are unable to.

>> No.28928847

>>28926051
On top of free ZNN for staking ZNN...

>> No.28929596

>>28926051
How many passions $ZNN unleashes, anonss. I haven't seen so much controversy since BTC. On my side I am very comfy, btw. Thanks to gMAk I made a huge bag at the time that has already given me a great profitability, plus all the rewards... And actually the party hasn't even started yet, anon.

>> No.28929745
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28929745

>>28925644
That's only the node software. According to that timeline Taproot will be activated in August at earliest.
So we're gonna have to wait for that until NoM is launched?

>> No.28930153

>>28929745
I think Alphanet would launch March 17-31, incentivized testnet would run before that. Just a guess - ask in the community channel.

>> No.28930212

>>28925321
can you please get this on a non shit exchange? how are you all actually buying?

>> No.28930477

>>28930212
Stex has always gone well for me. Also ZNN OTC TG if you want to buy a good bag.

>> No.28930611

>>28930477
>ZNN OTC TG
link please.

>> No.28930641
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28930641

Their latest tweet is pretty based, just screams "free pallets of cash available for smart people":

>> No.28930713

>>28930641
Conclusion: I'm retiring this year.

>> No.28931176

>>28929745
Alphanet (Phase 0 of NoM) is still a testnet in effect, so full activation of Taproot shouldn't be required before launch. Miners will still be running it after it's released in march, it just won't be on the main chain initially. This also lines up with the admin's comment in the tg yesterday where he said Alphanet is expected q1 if all goes well

>> No.28932341 [DELETED] 

>>28931176
Damn, can't wait for the Yellow Book to finally be released and some of the major partners to be introduced.... It will be huge.

>> No.28932580

Can't withdraw from bilaxy, still. Getting heavy bitgrail vibes there zenonfrens

>> No.28932665 [DELETED] 

>>28931176
Can't wait for the Yellow Paper to finally be published and some of the major partners to be introduced.... It's going to be huge.

>> No.28932989

>>28931176
When the Yellow Paper is finally published and some of the major partners are introduced.... It's going to be huge.

>>28932580
Sorry, anon. I hope you can get your $ZNN in your wallet soon.... And I also hope that very soon that wallet will be Syrius!!

https://www.youtube.com/watch?v=t6A7vKhp-MY&feature=youtu.be

>> No.28932990

>>28925321
>https://www.coingecko.com/nl/coins/zenon
yeah thats some great volume ya got there hans

>> No.28933509

>>28932990
yeah man volume drops and in the OTC channel people seem to be selling their bags... looks like exit scam lol

>> No.28934766

My bags are well filled and ready to HOLD.

This project has huge potential and a halo that smells of impending FOMO. Wait for Alphanet (NOM phase 0) to start.... it hasn't even started and the expectation is huge!

Logically this makes many anons nervous, maybe there are impatient anons that sold the bottom and want to get back but now it costs them much more expensive, or they were distracted in other projects and have found this so huge now...

And it is normal that anyone anon who comes across $ZNN now wants to take advantage of the opportunity to scare people and fill their bags before the prices goes to the moon.

>> No.28935508

>>28934766
Nice pasta anon, then tell me why are people selling OTC right before Alphanet. This is the only thing holding me back into DCA’ing to 500 stack.

t. 200ZNN alien

>> No.28936068 [DELETED] 

>>28935508
There are anons that invest short, $ZNN has already given x12, it has given them to me. Many others anons have Pillars, and get a very high volume of monthly rewards. They give them market exit to encourage the entry of new stackers who want to access a Node, for example, while they themselves are capitalized in satoshi to diversify into other potential projects.
Each anon is himself and his circumstances. I don't care if you buy or not $ZNN. I will continue to fill my bag.

>> No.28936085

>>28935508
It's called derisking, ever heard of it? Those who are long enough in the games staked so many $ZNN that they can take profits by now. Jealous?

>> No.28936434

>>28936068
this was also a theory i had in mind, people with pillars that sell their ZNN for people to get entries. Prices just seem to drop, but i think mainly bc BTC goes up.

i will fill zah bags.

>>28936085
yes anon i am jelly, but i am fairly convinced that ZNN will beat all the other shitcoins posted on this board.

>> No.28936589
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28936589

we choose to to the moon
not because it is a shitcoin, but because its zenon

>> No.28936734 [DELETED] 
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28936734

>>28936085
>>28936085
Sure. There are anons that invest short, $ZNN has already given huge profits. Many others anons have Pillars, and get a very high volume of monthly rewards. They give them market exit to encourage the entry of new stackers who want to access a node, for example, while they themselves are capitalized in satoshi to diversify into other potential projects.

>>28936589
See you on the moon, aliens.

>> No.28936811
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28936811

>>28936085
>>28935508
Sure. There are anons that invest short, $ZNN has already given huge profits. Many others anons have Pillars, and get a very high volume of monthly rewards. They give them market exit to encourage the entry of new stackers who want to access a node, for example, while they themselves are capitalized in satoshi to diversify into other potential projects.

>>28936589
See you on the moon, aliens.

>> No.28937197

>>28936434

No doubt, Ser.
Those with nodes will sell their $QSR for those who want to set up new nodes and/or pillars. It's gonna be a massive landslide given the tokenomics.

>> No.28937252

Oh, and to all those haters in here:

Winston Churchill said:

"You have enemies? Good. That means you've stood up for something, sometime in your life."

>> No.28937469

>>28937197
So you're telling me that i only need 500ZNN (for a node) to start receiving $QSR when Alphanet comes out?

>> No.28937707

>>28937469
No, Sir, I am afraid it is a bit more. 5K ZNN for a node and 15K for a pillar. Plus an increasing amount of QSR to let them run. Here's an article on the well thought out tokenomics.

https://medium.com/@zenon.network/znn-x-qsr-alphanet-specifications-83d27c005c09

>> No.28938768

>>28937469
$QSR you will receive anyway when Alphanet starts being a simple stacker. You can also delegate your ZNN to a Pillar to get $ZNN.

To set up a Node now (before the Alphanet launch) you need 5000 $ZNN, as you have been told.

After the Alphanet launch you will need 5K $ZNNN + 50K $QSR.

>> No.28939344

>>28937707
>>28938768

T__T 500 is all i can afford, thought i would stop at 100... but i needed more to get rewards from wallet staking.

Is it safe to assume that staking rewards will drop when Alphanet launches? Or can i just hodl comfy with my 500 stack

>> No.28939756

>>28939344
in the contrary. in the approx. one year (guesstimate from me) of alpha, the stakes will go up significantly. with main net, they'll go down again.
staking 500 is already a good start, Sir.

>> No.28940106

whats the suicide stack?

>> No.28940439
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28940439

>>28940106
100ZNN sir.

>> No.28940627 [DELETED] 
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28940627

>>28939344
Would you be comfortable with 500 Eth right now? And I say Eth for not aiming any higher...
Of course you can feel comfy. Very comfy, anon.

>>28940106
1000K $ZNN retirement bag

>> No.28940742
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28940742

>>28939344
Would you be comfortable with 500 Eth right now? And I say Eth for not aiming any higher...
Of course you can feel comfy. Very comfy, anon.

>>28940106
1K $ZNN retirement bag

>> No.28940775

>>28940627
500LINK/ 500DOT/ 500ZNN

very comfy shrimp indeed sir. :B

>> No.28940952

staking doesnt even work niggers. imstaking and 0 rewards in like 100 years.

Whats the staking with amount of znn calculation?

>> No.28940956

>>28940775
Very comfy... and very fucking rich, sir

>> No.28941547

>>28939756
Now let's say staking 1k ZNN gets you 1.5 ZNN per day during Alphanet and the price of ZNN is a very conservative $50. That's $2250 per month in passive income.
Pillar and Node holders are definitely going to make it on passive income alone.

>> No.28942052

>>28940952
0.10%-0.15% daily, but you need 24h/day uptime and you get paid out for every 0.9ZNN.

ur just a poorfag

>> No.28942237

>>28941547
I will mos def do exactly that.

>>28942052
If keeping your PC on 24/7 is a problem for you, you should get lost. Hilarious doubt.

>> No.28942380

>>28941547
That's the point, sir. To generate real wealth you need to have diversified sources of passive income in addition to assets. Having a Node or a Pillar in $ZNN will be insane.

>>28940952
100 years is a long time sir.
Of course it works, I keep getting them, though admittedly less these days. Around 0,10% / 0.15% yess

>> No.28942459

>>28942237
Lol, i don't mind but it is still wasted energy consumption. Hoping s y r i u s wallet releases soon, i want to run it on my RasPi

>> No.28942572

>>28942459
A #green alien through and through.

>> No.28942975

>>28941547
With ZNN at $100, a node should generate about $15k/month depending on reward schedule. That being said, $100 is fud. This thing is going to 4 figures, gents.

>> No.28943830
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28943830

>>28942975
Yup. Node/pillar owners will be part of the new financial elite.

>> No.28944154
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>> No.28945014

>>28943830
A new power sharing is also behind the anonymous and decentralized $ZNN strategy. Just like Satoshi Nakamoto planned the BTC supply to mostly run out in the first 10 years, now $ZNN is going along the same lines with such a reduced supply. By the time the whales and institutional investors react, the early adopters and believers would have already taken the lion's share of the pie, anon

>> No.28945717

>>28945014
Makes me extremely bullish on Zenon knowing that there are no VCs or team funds ready to be dumped on us, nor did it have some cheap "pre-ICO" that was only available to insiders.
Zenon's anonymous lowkey grass roots soft launch has been somewhat controversial but it will no doubt prove to have been a vital part of the truly decentralized distribution of power that Zenon has.