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Host Horizen (Zencash) Nodes for Free!

Host Horizen (Zencash) Nodes for Free!

Looking at current market scenario we are bringing in an exciting offer for all Horizen (Zencash) holders. Until ZEN crosses its $16 price, we would be offering one free node for each node you order with us. Yes, exactly it is Buy One Get One Free! So don’t wait, buy ZEN at its lower cost now and host nodes with us and get one node absolutely free, of course, you need additional ZEN for this free node.

This offer is applicable for securenodes as well as supernodes. This is exclusively for new nodes, existing nodes will not be eligible for this offer. So why wait, let’s host Horizen (Zencash) nodes for Free!

So how does it work? Its very simple, you have to place an order for new node and while placing an order you will need to share one additional staking address holding required ZEN for hosting a node. For example, if you are placing an order for a single securenode or supernode, you will need to provide two staking addresses during checkout. So what are you waiting for order any number of nodes, and you get an equal amount of free nodes with us.

As we all know ZEN has better future ahead. Growing during a crypto market contraction is a noteworthy feat. At Horizen, the team’s approach is to conservatively build a strong foundation that will allow leapfrog and scale. Focusing on key differentiating features and establishing business processes that will enable Horizen to continue growing as an ecosystem. Horizen accomplished so much in 3Q 2018, including releasing a major software upgrade ZEN 2.0.15 that includes a change to the Bitcoin consensus imposing a penalty to offline miners. The Bitcoin Consensus Enhancement can be adopted in any proof-of-work blockchain that uses the Bitcoin protocol. Horizen is proud to contribute to the open source blockchain community by making the Bitcoin Protocol Enhancement available to the world!

One more great news! Horizen is now integrated with AnyPay.

The Horizen team is determined to increase the usability of ZEN in people’s daily life. Team is proud to announce our integration with AnyPay, a Point-of-Sale software used by over 200 retailers in the USA.

Starting today, ZEN will be an accepted form of payment at all of AnyPay’s locations.  AnyPay clients include yoga studios, juice bars, restaurants, breweries, clothing stores, and even theaters.

 

 

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Horizen (Zencash) software update scheduled for release on September 27th 2018

There is a new version of ZEN software (2.0.15) scheduled for release on September 27th, 2018.

All mining pools, node operators, and Swing wallet users must upgrade to ZEN 2.0.15 prior to block 392512 which will occur around midnight on October 10th.

ZEN 2.0.15 replaces the current version 2.0.14, which is set to deprecate (no longer run). The major focus of this version is the new 51% attack prevention feature.

ZEN 2.0.15 replaces the current version 2.0.14, which is set to deprecate (no longer run). The major focus of this version is the new 51% attack prevention feature. This is not a hard fork.



UPDATES ON ZEN 2.0.15

  • 51% attack prevention code
  • Update RPC commands/thread names/messages with new Horizen name
  • Update Horizen logo
  • Fix erroneous log messages on wallet rescan

WHAT HAPPENS IF YOU DO NOT UPGRADE BEFORE OCTOBER 10TH?

  • Miners and node operators: ZEND will not work and thus you will not be able to earn ZEN until you upgrade to ZEN 2.0.15
  • Swing wallet users: You will not be able to access your funds until you upgrade to the latest Swing wallet version.

Zen version 2.0.15 is scheduled to be released on September 27th, 2018 to address the upcoming deprecation of the current version on October 10th, 2018.

The release includes the new 51% attack prevention code which has been successfully tested and works as expected. It also includes some backend rebranding updates. Zen 2.0.14 will shut off at block height #392512 around October 10th (near midnight UTC or shortly after) automatically.

All node operators, exchanges, and anyone running the full version will have to update to zen 2.0.15 before then. The new 2.0.15 version will be available at https://github.com/ZencashOfficial/zen/releases/latest on September 27th by end of the day. Updated versions of the Swing wallet will be available several days after.

Update instructions for node operators and miners will be provided soon.

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ZenCash (Horizen) To Fight Against The 51% Attack

The past two weeks have been an exciting and trying time for the ZenCash (Horizen) team. However, even in the face of adversity, the ZenCash (Horizen) team continues to thrive and deliver on our promises to you, the community.

Approximately two weeks ago, our exchange partner was the victim of a double spend attack, where a malicious actor was able to spend their ZEN twice. Double spends are possible in all proof-of-work chains due to consensus rules inherited from Bitcoin.




 
This attack targeted the exchange, not the ZenCash (Horizen) blockchain.

We just want to kill this, we don’t want this ever be a problem again for the industry.  – Rob Viglione, Co-founder of ZenCash (Horizen)

This attack ignited the ZenCash (Horizen) team to create a comprehensive protocol level defensive strategy for our project and for the entire industry. The ZenCash development team has proposed an enhancement to the Satoshi Consensus in order to prevent 51% attacks.

The longest chain rule, or Satoshi Consensus, worked well in the relatively decentralized environment in which it was introduced in 2009.  Mining resources have since concentrated and dropped in cost for lease, such that the original dominant strategy of playing by the rules no longer holds for all proof-of-work (PoW) blockchains that rely on the longest chain rule.  As recent events have proven, in some circumstances it can be economically feasible to launch 51% attacks on operational public blockchain networks.  This paper proposes a novel adjustment to Satoshi Consensus that makes it exponentially more costly, and hence unlikely, to launch such attacks for any proof-of-work mineable cryptocurrency system.

 

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ZenCash Mandatory Upgrade: Zen 2.0.14

June 20 UPDATE – We are pleased to announce ZenCash 2.0.14 for Linux is available. All node operators, exchanges, and pool operators must update from the previous version before June 28th when the current version is deprecated and will stop working (at block 332576). – Source ZenCash Blog

BUILDING FROM SOURCE

To upgrade from any version prior to 2.0.14 you will have to re-clone the repository. The ZencashOfficial/zen repository was replaced by a new repository based on Zcash upstream with a different commit history, merging/pulling is not possible without issues.

Refer to detailed instructions to build from the source to update the zend daemon.

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What is required to host ZENCash Super Nodes

We are hosting ZenCash Super Nodes – check here!

ZenCash team recently announced the plans to add Super Nodes to the ZenCash network by the end of 2018. This step will place ZenCash to be much more than a cryptocurrency.

An updated white paper has been released this week outlining greater details, for more information please download ZenCash Supernode White paper.

Within just three months of launching their secure node system, ZenCash’s network has reached over 9000+ nodes. If you are interested in hosting your secure node, we are here to help you. Please contact us for more details or visit our thesecurenodes.com.

What is a Super Node?

 

Basically ZenCash Super Nodes will be even more powerful than Secure Nodes, tasked with managing key network and system functions, including hosting multiple services on sidechains, tracking and measuring Secure Node uptime, and queuing the node payment schedule for miners.

Super Nodes will ensure the utility not only of ZenCash as a currency, but also the future services that will be layered in the infrastructure.

What is a requirement for Super Node?

Super nodes must follow higher criteria:

At least 500 ZEN in a t-address for staking
Multiple CPU cores
8GB of RAM or more
100GB of storage or more
96% node uptime per day
Our target Super Node and Secure Node counts are between 2000-2,500 Super Nodes and 20,000-25,000 Secure Nodes, respectively.

When is Super Nodes going to be released?

As mentioned earlier ZenCash team is planning to add this functionality by end of 2018. The testing may begin sometime in July 2018 though.

What is the reward payout for Super Node?

The current block reward will be changed from 3.5% to 10% secure nodes, 10% supernodes, 10% treasury, and 70% miners. Good news, isn’t it? If you would like to find out ROI, you may visit ZenCash ROI Calculator.

An updated white paper has been released this week outlining greater details, for more information please download ZenCash Supernode White paper.

Is TheSecureNodes Team going to provide Super Nodes hosting?

Of course yes, we are, managed services company, we currently provide managed hosting for secure nodes. We have plans in place to start managed hosting for Super Nodes as well.

For any queries please contact us. We are available on WhatsApp as well.

 

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Update ZEN Secure node zend daemon

As we all know Zen version 2.0.11 has been released to solves some blockchain indexing issues on secure nodes. The current version 2.0.10 will be deprecated in April and hence all Secure Nodes need to be updated before then.

For higher up-time and better performance, we recommend using Contabo VPS for hosting secure nodes.

Here are few simple steps to update the zend daemon on your ZEN secure nodes:

  • Updating the zend daemon from new APT repo:

The APT repo has just been updated with the SSL/TLS bug fix. To install the updated daemon with minimal downtime you can do the following:

sudo apt-get update
sudo apt-get install zen
zen-cli stop (then wait for 5 seconds)
zend

You can verify that you are at the latest version by running:

zen-cli getnetworkinfo | grep version

 

  • This process will only work for those who built their zend from source not the APT repo:

To update the zend daemon on your secure nodes you would have needed to have built your zend daemon from source. If you did this, you can update your secure nodes by running the following:

Navigate to the zen directory, if you followed mine or Blockops guides this will be located in the zencash directory:

cd ~/zencash/zen/

Next we need to fetch the updated code:

git fetch origin
git checkout master

Note: if it asks you to ‘git pull’ please run

git pull

Now we need to build the daemon:

./zcutil/build.sh -j$(nproc)

Now we need to stop the zend daemon and update zend and zen-cli binaries in /usr/bin. This can be done by running the following commands, if you use monit to run your zend daemon.

sudo monit stop zend

wait for 5 seconds and then run:

sudo cp src/zend /usr/bin
sudo cp src/zen-cli /usr/bin
sudo monit start zend

If you do not use monit on your secure nodes you can stop the daemon by running:

zen-cli stop

(wait 5 seconds)

sudo cp src/zend /usr/bin
sudo cp src/zen-cli /usr/bin

And finally starting the daemon again:

zend

You can verify that you are at the latest version by running:

zen-cli getnetworkinfo | grep version