Ezil is incentivizing miners with an added feature to their pool: Free ETH payouts using the HECO Chain. They go on to say they will also send miners some HT tokens to use to pay for other Huobi transactions and fees as part of a mining payout and while withdrawing. Since the mining pool promotes both ETH and ZIL mining, this new incentive is likely to grow the Zilliqa ecosystem by attracting more miners of both ETH and ZIL to the platform. This in turn is likely to be bullish for the ZIL coin price and the ecosystem overall.
Hey miners!
We continue our research and development to bring you more alternatives when it comes to ETH payouts. We look at potential payout options from different perspectives like accessibility of the chain, extra fees, compatibility with different crypto exchanges and bridges. Saving on transaction fees was and still is the primary goal but it is important to keep in mind the convenience and your user experience.
Today we have launched a third alternative option for ETH payouts — HECO chain.
Before you proceed please make sure that the wallet you use for your ETH payouts and wallet you connect to HECO are the same!
Also double check if your wallet is compatible with HECO blockchain.
Please do not use exchange generated wallets as you will need to have access to your private key in order to sign your transaction. The good option is https://metamask.io/ wallet or other similar wallets.
If you are going to use HUOBI exchange to sell or exchange your received payouts please sign up for an account with HUOBI before you set your HECO payouts.
Alternatively you can use any swap service that supports the HECO chain.
Connect your Metamask (or other) wallet to HECO chain at https://chainlist.org/
Type HECO in a search line and select Huobi ECO Chain Mainnet
After that you should confirm your wallet connection, when it is done you will see HECO blockchain and HT in your wallet.
Please let us know if you have any issues with this type of payouts. Our team is always happy to help. The best way to contact us is chat on the website or Telegram channels.
Also stay tuned, more features are coming soon.
Ezil Team
