[ANN] Zecnero: a fair-launch proof-of-work fork of Zcash
Shielded Orchard transactions work from the first block, and mining runs on ordinary CPUs through XMRig, so a laptop can earn coins the way early Bitcoin miners did. There was no premine and no token sale. The founder allocation is written into the spec and pays to a multisig whose address goes public before mainnet. The public testnet went live on September 24. Update: around October 6 the testnet activates its first network upgrade. From then on every payment is shielded. Transparent outputs are allowed only in mining rewards, and those have to be shielded before they can be spent. Mainnet enforces the same rule from its first block. The founder stream is 3% of block rewards until the first halving (1.5% of total supply), paid to a 2-of-3 multisig.
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Author: Zecnero
Contact: zecnero.org
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