Bitcoin Forum

Overview
Leer is a decentralised cryptocurrency developed to make transactions censorship-resistant and private. LDD technology based on Confidential Transaction (https://www.elementsproject.org/elements/confidential-transactions/) provides a built-in option for concealing transacted value to preserve privacy. Without such protection, thieves and scammers can focus their efforts on known high-value targets, as it was seen before in cryptolandscape. However, privacy is not mandatory: users may reveal address balances to some parties for accounting purposes by sharing a special "revealing key" , or even make values transparent on blockchain. Special construction allows to check inflation (how many coins were created so far) using only blockchain tip header, which allows for the development of much safer SPV wallets. Leer has brand new codebase written in Python and aims at fast development.
Whitepaper with LDD description will be published soon.

Mining
Leer uses new Proof of Work algorithm MiningCanary, which for now has no ASIC-resistant policy. Experimental CPU-miner is available on launch. It is expected that MiningCanary will be updated during testnet via hardforks, and after the rollout of the final edition (but before mainnet) GPU-miner will be released.

Testnet coins
Testnet coins have no value and will NOT be added to balance on mainnet. Thus testnet has test purposes only.

TESTCHAIN COIN SPECIFICATIONS
(May be changed on mainchain)
Symbol: LEER
PoW Algorithm: MiningCanary
Total Supply: 720m
Initial reward: 1 by default, miners vote for reward decrease/increase.
Reward time dependence: exponential decrease with halving period of 36 months.
Block Time: 60 seconds
Difficulty Adjustment: Each block, adjustment span 20 blocks
Decimal Places: 8
Block Confirmation: 10 blocks
Premine: 0 %




https://github.com/WTRMQDev (https://github.com/WTRMQDev)
https://discord.gg/VeqkhC8 (https://discord.gg/VeqkhC8)

I love your roadmap  ;D

Did you fork Heavycoin block reward voting? Or code from scratch? (I guess I could just work on my github literacy to know for sure)

Seems like a legit BTC project, interested!
 8)

this is our own code. If you want i can check yours for similarities

Watching this project.

great to see another Python based coin.
so when is mainnet planned?

we are testing now. i think JAN or FEB

Is testnet public, can any miner join?

пoздpaвлeния c вaшим пpoeктoм
cвяжитecь co мнoй, ecли вы xoтитe coтpyдничaть в oблacти тeopии
вaш кoд пpиятный и чиcтый

You can write me any questions on discord.

watching

Hello community. I forgot to post information about testnet2.0  on bitcointalk thread. All activity in our discord channel.


We announce the release of testnet 2. In this version we intend to bring improvements in stability and various functional enhancements. Specifically, we've focused on the redesign of UI and expanding API, with the goal of enabling infrastructure development. Given these priorities and the necessity of concurrent development of side infrastructure, testnet 2 client will only incorporate critical bugfixes (if any such bugs will be discovered).

On this stage our team will also allocate resources to the creation of manuals, simplification of setup process and support for a more comprehensive list of platforms (i.e. clients for Windows and mac OS).

As for the more fundamental changes (those include the integration of VM, option of spending from mempool and others), activation won't happen in testnet 2: instead, they will be commited to testnet 3 branch, which will be developed simultaneously.

1
As always, to install leer-0.0.3 run pip3 install leer in your linux terminal. You need to have python3, python3-pip, g++, cffi, build-essential installed.
After that download start script https://github.com/WTRMQDev/leer/blob/master/scripts/start_node.py , adjust config and run it python3 start_node.py. Note, if you migrate from testnet1 you still need to download new version of start script.
To start mining download miner https://github.com/WTRMQDev/leer/blob/master/scripts/miner.py, adjust HOST and PORT in accordace with config of start_node.py and run it with python3 miner.py
In contrast with testnet1, in testnet2 initial miner reward is 600 $leer, maturity is 60 blocks.

Leer 0.0.4 was released. We have added verification cache and some operations, in particular new block and new transaction generations should become much faster.
As always you can install leer via 'pip3 install leer' (you may want to uninstall it first via 'pip3 uninstall leer', it will not delete any blockchain data)

testnet3

What is new?
1. Leer works much faster (up to 6x times)
2. Unexpected node halts are safe now
3. Scripts are implemented (allows bitcoin-style smartcontracts to be developed)
4. Proofs of transactions are implemented: now you always can prove (in SPV mode too) that you have paid to somebody even when payee has already spent money.

Note that both start_script.py and miner_script.py should be updated for testnet3. Take into account INSERT_LOGIN_HERE and INSERT_PASSWORD_HERE keywords. They should be substituted with login and password which are required for webwallet.


https://pypi.org/project/leer/0.0.8/

Any ETA on WP and site? Been keeping an eye on this thread for a while waiting for WP announcement to sink teeth into, but no dice yet. Would love to get to know the project more. This dev update just makes me hunger for more

This is pretty interesting, ill keep a close eye on this!

watching

any updates on project?

All activity in our discord

invite link possible please?