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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: bob_lu on October 29, 2018, 06:41:57 AM


Title: [TTT]TrustNote for Mining: The Mineable Public DAG Ledger - DAG | POW | Equihash
Post by: bob_lu on October 29, 2018, 06:41:57 AM
TrustNote for Miners
This thread is for TrustNote mining discussions. Technical questions about TrustNote mining software or related announcements and update will be posted here.

TrustNote is a distributed ledger technology and its development platform for the tokenized economy. TrustNote combines the Directed Acyclic Graph (DAG) ledger structure and Proof of Work (PoW) together to build a more scalable and more secured distributed ledger system.

Due to the complexity of the DAG technology, there are many challenges in the way of combining DAG and PoW all together, that is why TrustNote proposed a roadmap (https://github.com/TrustNoteDocs/community-committee/blob/master/ROADMAP.md) detailing the planned steps towards meeting the target.

For those who are interested, the major milestones its timelines are listed below:
  • TrustNote 1.0 mainnet (mining not supported) - launched on January 2018
  • TrustNote 2.0 testnet (alpha release with mining support) - launched on September 2018
  • TrustNote 2.0 testnet (beta release) – scheduled to be released on December 2018
  • TrustNote 2.0 mainnet – scheduled to go live by Q3 2019

Mining Rewards
The total mining reward on TrustNote mainnet will be 500 million MNs TTT, which is 50% of TrustNote’s total supply (1 billion MNs TTT).

Before Q3 2019, mining is only possible on the testnet, and the “TTT-test” tokens you mined on the testnet is not the same as the $TTT token that you can trade on the cryptocurrency markets.

But the good news is, to encourage miners participating the alpha testing and beta testing on the testnet, TrustNote will reward early miners with both $TTT tokens and $TFans tokens. Please check out our blog post for the latest mining rewards on offer (https://medium.com/trustnote/trustnote2-0-mining-reward-plan-is-on-and-the-introduction-of-tfans-a1d83e92dd20).

Mining Software (for the testnet)
  • Linux - Mining client available here (https://github.com/trustnote/trustnote-pow-supernode/releases/)
  • Windows - Mining client available here (https://github.com/trustnote/trustnote-pow-supernode/releases/)
  • Mac OS - Mining client available here (https://github.com/trustnote/trustnote-pow-supernode/releases/)

Mining Pools
N/A for TrustNote 2.0 testnet alpha release

TrustME Specification (TrustNote PoW Censensus scheme)
The following specification is a proposal to the community, TrustNote reserve the rights to change the specification prior to the launch of TrustNote 2.0 mainnet based on community feedbacks.
  • Algorithm: Equihash
  • Total Supply: 1,000,000,000 MNs (1 billion TTT)
  • Total Supply for Mining: 500,000,000 MNs (500 million TTT)
  • Deposit: 500,000 MNs (500 thousand TTT)
  • Coinbase reward: 217.59 MNs for each consensus round in the first year, after which the coinbase reward decays year by year
  • Division of coinbase rewards: 10% to TOP TFans token holders, 10% to the TrustNote foundation funds, 80% miners reward
  • Consensus Round Time (Blocktime):  About 2.5 minute per round
  • Total number of consensus round: 4,204,800 (20 years)
  • Documentation: https://github.com/trustnote/document

TrustNote Explorers
  • Explorer for TrustNote 1.0 mainnet: https://explorer.trustnote.org/
  • Explorer for TrustNote 2.0 testnet: http://explorer2-alpha.trustnote.org:8000/

TrustNote Wallet
  • Official TTT Wallet (mainnet): https://trustnote.org/application.html
  • TTT Wallet for TrustNote 2.0 testnet: https://github.com/trustnote/trustnote-pow-wallet/releases

Buy or Sell TTT
  • Bit-Z: https://www.bit-z.com/
  • Bibox: https://www.bibox.com

How-to Mine & Tutorials
  • Linux: https://medium.com/trustnote/how-to-mine-ttt-test-on-trustnote2-testnet-alpha-release-2cf2f38d3deb
  • Windows and Mac OS: https://medium.com/trustnote/how-to-mine-ttt-test-on-the-trustnote2-testnet-alpha-release-on-windows-and-macos-b3b38e365ad
  • FAQ: https://medium.com/trustnote/trustnote-2-0-alpha-testnet-mining-faq-25a43cde196c

Find out more about TrustNote
  • Website: https://trustnote.org/
  • GitHub: https://github.com/TrustNote
  • Twitter: https://twitter.com/TrustNote
  • Blog: https://medium.com/trustnote
  • Telegram: https://t.me/TrustNote
  • Reddits: https://www.reddit.com/r/trustnotedev/
  • Bitcointalk: https://bitcointalk.org/index.php?topic=3116483
  • CoinMarketCap: https://coinmarketcap.com/currencies/trustnote/

Title: Re: [TTT] TrustNote for Mining – The Minable Public DAG Ledger
Post by: tbeeqgnui on October 29, 2018, 07:57:16 AM
Too much information, but looks interesting, stay in observing.

Title: Re: [TTT] TrustNote for Mining – The Minable Public DAG Ledger
Post by: WinTokenNews on October 29, 2018, 08:59:24 AM
very interesting, mark and will come back

Title: Re: [TTT] TrustNote for Mining – The Minable Public DAG Ledger
Post by: bob_lu on October 29, 2018, 09:43:23 PM
Quote from: tbeeqgnui on October 29, 2018, 07:57:16 AM
Too much information, but looks interesting, stay in observing.

Thank you!

Title: Re: [TTT] TrustNote for Mining – The Minable Public DAG Ledger
Post by: bob_lu on October 29, 2018, 10:07:10 PM
Quote from: WinTokenNews on October 29, 2018, 08:59:24 AM
very interesting, mark and will come back


Thank you!

Title: Re: [TTT] TrustNote for Mining – The Minable Public DAG Ledger
Post by: Overdrive5 on October 30, 2018, 02:44:17 AM
Have you decided which version of equihash you will be using?

Title: Re: [TTT] TrustNote for Mining – The Minable Public DAG Ledger
Post by: bob_lu on November 01, 2018, 09:41:06 AM
Quote from: Overdrive5 on October 30, 2018, 02:44:17 AM
Have you decided which version of equihash you will be using?
Thank you for your question!
Our miner client integrated equihash-xenon (https://github.com/xenoncat/equihash-xenon). You're welcomed to take a look at our code from https://github.com/trustnote/trustnote-pow-miner
If you require any further information, let me know.

Title: Re: [TTT]TrustNote for Mining: The Mineable Public DAG Ledger - DAG | POW | Equihash
Post by: bob_lu on November 20, 2018, 10:17:19 AM
Announcement: TrustNote 2.0 beta release (beta 0.1) is coming soon!
We'll update you what's being changed, what's different on the mining process very soon, stay tuned!

Title: Re: [TTT]TrustNote for Mining: The Mineable Public DAG Ledger - DAG | POW | Equihash
Post by: bob_lu on March 22, 2019, 08:26:39 AM
I'm proud to announce an exciting development of TrustNote. We are currently in the process of rebranding, the project will now be known as Ring Network, and you will become familiar with the refreshed new brand in the coming days!
Please see the announcement for more detail:
https://medium.com/trustnote/trustnote-announces-major-rebrand-to-ring-network-45a3f1633258


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