Stockpile #2 has now concluded.
10 miners shared the pot worth over 1100 SOL and 4400 solana:zinc155BS4mSPk8GXQj4R5hkVDQXcW253pTYq5SGyfi
Congratulations from team Zinc.
🦺
ICYMI #5
> We are proud to announce that we have become the first protocol with over half a million @Arcium encrypted computations.
> We’ve passed 200,000 SOL in total round volume.
> We’ve spent over 14,500 SOL on $ZINC buybacks
> Total $ZINC melted has surpassed 100,000 $ZINC
🦺
It's amazing to see @Arcium reaching 1M computation milestone.
Been a true pleasure working with @cryptopapi997@arihantbansal tackling together issues that aren't in any playbook , this is bleeding edge tech.
ZINC generated over 15,600 SOL (worth $1M ) in revenue in less than two weeks, spending most of it on burning tokens.
- 156K SOL in total volume
- 60K ZINC burned ($700K )
Powered by @Arcium & @solana
How big is your @solana contribution?
Now you can find out with contribute.zinc.cash/ 🤯
Newcomer, Explorer, Real OG, Solana Legend, and ICON.
What rank are you? 🫵
We have broken 60,000 computations on the @Arcium network, and we're still in beta.
How we use computations @Arcium to:
1. Generate a fair random number, its generated and encrypted all within Arcium network, not exposed to anyone.
2. Encrypt each miner tiles to ensure they're kept private and secure.
3. Publicly reveal the random numbers generated.
4. Determine each miner winning stake, without the exposing the miner selection publicly.
The @Arcium network is a critical component of @zinc_cash , enabling privacy on a public blockchain, and a safe , secure and fair randomness, both, monumental tasks!
Kudos for doing great work.
The idea behind Arcium is simple:
Protecting any kind of sensitive information while being able to compute over it.
Using information without anyone ever seeing it.
On-chain confidentiality is only the beginning.
The future is fully confidential AI.
Stay tuned☂️
April Recap 🦺
A lot happened and shipped in April. Here's the quick TL;DR:
> Rebranded from Turbine Cash to ZINC
> Kicked off private beta with 60 miners
> Shipped 30 updates to the app
> Got spotlighted in the @Arcium ecosystem article
> Crossed 3.3K followers on X
> Public beta is coming May [???]
April was heads down, May is when the mine opens...
ZINC TIME.