There has been a wallet exploit connected to Zatoshi. $ZERO and $ZEC have been drained from affected wallets. This is NOT related to Zecscriptions or $ZECS in any way.
If your funds are on a wallet created through the Zecscriptions website, you are safe.
If your funds are on a wallet connected to Zatoshi, move them to a new wallet immediately. The exploit appears to come from the Zatoshi side. Draw your own conclusions.
We cannot answer questions about Zatoshi. All we know is that the dev was @ordinalOS.
Stay safe.
@mert@AdamZiz Inscriptions are already live on Zcash. Tokens are deployed and trading right now at zecscriptions.com. $ZECS is the main token.
NFTs are coming next.
Happy to answer any questions.
Explorer is live on Zecscriptions. You can now see the full list of holders for $ZECS and other tokens and check any address.
Transparency is the foundation. More tools coming.
After discussion with the core community and team, we’ve landed on a direction for $ZECS support.
The plan: a large portion of all Zecscriptions platform fees (token minting, NFT minting, trading fees, and future revenue) will go into a $ZECS buyback program.
We’re also creating an inner circle for top holders (0.5% of supply / 100,000 $ZECS). At current market cap, that’s a very affordable entry. As the market cap grows, we can lower the threshold to let more people in. This group will have a say in how funds are used, whether that’s marketing campaigns, incentives, burns, or other initiatives.
Also, dev is working on an explorer. Dropping this week.
@AminTabaFuriju If you submitted your wallet our dev will go through your failed mint (if more than 5 mints you should get a refund soon).
What airdrop?
As we announced, $ZECS holders will share in all platform fees. Trading fees, mint fees on tokens and NFTs, airdrops, and more.
We want to set a minimum holding threshold to be eligible. Distributing $ZEC to tiny wallets on Zcash just isn't practical.
What do you think the minimum should be? Drop your number below.
@AminTabaFuriju It does not matter, your emptied your wallet and your inscriptions went with it. We clearly stated that only our browser wallet supports inscriptions. No other wallet should be used for transfers.
There is no way to get your inscriptions back once it is in a CEX wallet.
@AminTabaFuriju Well, this is the problem. OKX wallet does not support inscriptions, so it would burn your UTXO. There is clear warning on our website to never use another wallet. Sorry there is nothing we can do.
As we announced, $ZECS holders will share in all platform fees. Trading fees, mint fees on tokens and NFTs, airdrops, and more.
We want to set a minimum holding threshold to be eligible. Distributing $ZEC to tiny wallets on Zcash just isn't practical.
What do you think the
Let's be realistic. 1,000 $ZECS costs about $1.50 right now. That's too low. Even 10,000 $ZECS at $13-15 seems low to be sharing in all the fees from the only infrastructure on Zcash.
The goal is to reward the people who are the most committed. What's your number?
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