Bitcoin Forum

On block 2768 (in ~48 hours) a hard fork will be implemented to fix the difficulty adjustment. Please update to 0.10.0 if you have not. The links in the "Downloads" section are current.

Mining algorithm: Scrypt Adaptive-N
Block spacing: 5 minutes
Total coins: ~60 million (59,883,150)
0.8% premine
Block halving: Only the base reward halves, every 3 years
Block reward varies along sine a sine wave (read below)

Sinecoin uses a novel approach to the problem of block rewards dropping too low to make mining worthwhile. Block rewards are calculated using a sine function, with an amplitude of 25, a period of 576 blocks (two days), and a base of 100. As a result, even as the base reward halves continually every 3 years, block rewards still vary by a predictable amount. There is always a 24-hour period of below-base rewards, followed by a 24-hour period of above-base rewards.

Here's an image to illustrate:
https://i.imgur.com/LdA9stA.png


There have been complications with the difficulty adjustment. They've resulted in many blocks being mined too soon. To make things more fair, we have decided to send 50,000 SINE (10.4% of the premine) to an address that nobody can access. Thank you for bearing with us. The transaction details are below:

Sinecoin Eater Address: SineEater1SineEaterAddressDonEoi8L
Transaction ID: a0aa681f6bccbbe45bd33749a799441c1c3a06104b908bfa42ef9609ea03a8a1

Here is a link (http://sine.explorer.ssdpool.com:9030/tx/a0aa681f6bccbbe45bd33749a799441c1c3a06104b908bfa42ef9609ea03a8a1) to the transaction on the block explorer.


Source (https://github.com/sinecoin/sinecoin)

Windows (https://github.com/sinecoin/sinecoin/releases/tag/0.10.0)


https://sine.suprnova.cc
Thanks to suprnova for setting up the first SINE pool!

http://sine.pool.mn/


rpcuser=rpcusername
rpcpassword=apassword
addnode=190.10.9.226


http://sine.explorer.ssdpool.com:9030/



Block explorer - 5,000 SINE

Exchange - 10,000 SINE

New logo - 2,000 SINE

Additionally, if you do anything to help SINE grow, e.g. mentioning it in an article, please send us a private message with your address so we can thank you properly.


Feel free to tell us what you think by replying to this post.

This is an updated version of a coin that we were unable to launch before. It has numerous improvements that we hope you'll enjoy.

i hate S-N in summer , pass

I mined the first one. Fair lunch ;)

23:09:22

{
"blocks" : 2,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 57,
"pooledtx" : 0,
"testnet" : false
}

{
"blocks" : 11,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 317,
"pooledtx" : 0,
"testnet" : false
}

more nodes, please

what's the purpose of 0.8% premine ?
give some explanations

89.129.98.2:32714
213.37.105.92:61932
190.10.9.226:32714
91.243.200.124:32714

Sine Pool for you:


https://sine.suprnova.cc


http://www.suprnova.cc/suprnova-logo-1-small.jpg

This is a Suprnova NG Pool, you can use your unified login there and all your pool workers from earlier setups too.

SSO Single-Sign-On on this Pool - You can also use your previously set up workers !
Payouts every 30 seconds
DDoS protected
Suprnova Quality, lots of experience in all kind of hashes - we had the first X13 Stratum and were among the first X11 and NIST5 Pools !
Highly optimized Stratums and MPOS implementations.
Idle Worker Notifications
Two Factor Authentication if wanted
Support 24x7 via IRC,Mail,PM etc.
Only 1 % fee ! (thats 50% lower than most other Pools !)
We have full SSL encryption on all pools ! (https:// instead of http:// !!)

Tested and Approvied Mining Rigs can be rented here: (Scrypt-N) http://www.miningrigrentals.com (http://www.miningrigrentals.com?ref=1166)

I would like to know..

Will it be some more features? Like anon? Multisig? Privacy? Chat? I don't know.

What are the future plans for this coin?

Thank you

{
    "version" : 90000,
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 712,
    "timeoffset" : -82,
    "connections" : 12,
    "proxy" : "",
    "difficulty" : 0.00228870,
    "testnet" : false,
    "keypoololdest" : 1404423317,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

it looks like the difficulty is not readjusting

It's readjusting but I think the target is not 5 minutes..

Before the diff was 0.0002441 now is 0.00228

https://i.imgur.com/TENmLQZ.png


lots of blocks here.. i hope diff recalc works.. looks weird right now

lol.. every share is a block right now :)

"difficulty" : 0.00915482,

yup, i see it, it works.


Guys I see lots of miners with Scrypt on the pool.

THIS IS SCRYPT-N - NOT Scrypt !


Please switch to Scrypt-N, you're currently only submitting invalids !

thx

yea tell us how to mine scrypt -n ?

update your geting started page

Always "difficulty" : 0.00915482, ??? ??? ??? ??? ???

Updated on https://sine.suprnova.cc !

https://sine.suprnova.cc/index.php?page=gettingstarted

No miners, ScryptN is very bad choice for coin. Look at all Vertcoin clones...

What do you mean "no miners"? I have miner even for nVidia.

Hey, dev, maybe you want to reconsider this launch? we are past block 1000

give it a chance.. we'll see.. its very easy to mine atm

Yeah
Added this to my cudaminer, works fine
cudaminer.exe  -o stratum+tcp://sine.suprnova.cc:3333 -u user -p pass --algo=scrypt:2048

Like Vertcoin or Rotocoin.

looks good ! you should already have lots of unconfirmed coins ! :)

Hahaha

Mining with a Nvidia 650 is not that good but still working

difficulty" : 0.03661926,

slooooowly but steaaady....

Logo and chart could have been better  ::) just saying

I give bounty for new logo accepted by community - 300SINE  ;D

I add 1500 SINE for that bounty.

So..

BOUNTY FOR LOGO - 1800 SINE

Scrypt-N in the summer, shit might as well just set my room a blaze

excuse-me, it was me.
i use Pimp 1.5.51 and ifmi for adding pool via web interface. usually it works pretty well but there is a bug (new sgminer version i guess), "algorithm" : "scrypt", was added automatically  ??? and i must remove it manually.

thanks for your pool.

NOTICE
There have been complications with the difficulty adjustment. They've resulted in many blocks being mined too soon. To make things more fair, we have decided to send 50,000 SINE (10.4% of the premine) to an address that nobody can access. Thank you for bearing with us. The transaction details are below:

Sinecoin Eater Address: SineEater1SineEaterAddressDonEoi8L
Transaction ID: a0aa681f6bccbbe45bd33749a799441c1c3a06104b908bfa42ef9609ea03a8a1
END OF NOTICE

In other words an INSTAMINE.

But your ANN States:

Instamine Prevention
To prevent instamining, in which miners can quickly mine a lot of coins, the block reward is set at 20 SINE for the first 24 blocks. This equates to 2 hours.

Too funny

Keep mining this coin fellas.  It's going to da Moon!

Specifications
Mining algorithm: Scrypt Adaptive-N
Block spacing: 5 minutes
Total coins: ~60 million (59,883,150)
0.8% premine     ------ we have decided to send 50,000 SINE (10.4% of the premine) to an address that nobody can access
Block halving: Only the base reward halves, every 3 years
Block reward varies along sine a sine wave (read below)

Haven't seen a Scrypt N coin in a while.  Rewards look interesting.  I'll mine some!

Great launch.

I'm mining it.  :)

Why isnt the difficulty changing? Could it affect the coin growth?

Its changing, don't worry.

It's probably like Bitcoin or Litecoin block difficulty retarget set on x numbers of blocks.

Oh ok, that makes sense. Thx

Awesome i love to try out Mining Fresh Coins :D

Yeah, it's fresh, but too hot  ;D

whats up with this? not much info, block reward? pools?

they seem to have forgotten to update the op..

pool:

https://sine.suprnova.cc

edit: whoops... they just did it :)

I want to get to know about this coin ;D

right on OC, i guess we really dont need any other pools guys...suprnova is here.

Dead?

I added all nodes but wallet still dont sync.

Since this Coin is so Young i think the Dev needs more time to get everything Working correctly.

I keep on Mining and Hope that the Coin will make it to Exchanges :)

We're sorry, our wallets are synced, and we haven't heard of others having these issues. Make sure you restart your wallet after adding the nodes below to your sinecoin.conf file. Alternatively, open the debug console and type "addnode <nodeIP> add".


Thank you, atleticofa, and congratulations on mining block #2!

Your welcome, Thank you.

Heh i'm the Only one Mining on the Supernova Pool atm


Dev if you need any Assitance just ask :)


Maybe a Slightly Overdone Coin Design ?

Ofcourse with a Sinecurve on it ?? :D

Bounties have been added to the OP.


Thank you for the offer, we greatly appreciate knowing that there are other SINE supporters such as yourself. As it states above the quotation, bounties are in place. New bounties may be created at any time as well. If you have an idea for one, go ahead and suggest it. :)

Does this actually offer anything except 0,8% premine and lots of doubts?

My wallet doesn't sync, the node is up, but the wallet still outdate.
Also about the https://sine.suprnova.cc I've got some coins unconfirmed since 04/07/2014

Apparently it offers no doubts. It's dead already.

SHITCOIN Post-Mortum:

The "low low premine scam"

Total Coins: 60,000,000 with that low low premine of 480000 SINE coins. Add that to the fact that blocks are also low low rewards and as miners are burning their houses down mining, the *devs* are waiting in the wings with almost half a million SHITCOINS to rain down from the heavens onto the exchanges in the off chance they get on one.

The "I need a premine to further development, of what should already be developed scam"

There seems to be a large disconnect in the crypt community between *devs* and *us* about what the word development means. To *devs* the word means something you may or may not do after you get your hands on the premine/instamine/scammine/IPO/Stability Funds/etc. To the rest of us the word means something that should have been done before the SHITCOIN launched. The *devs* are wrong and this IMHO is the cause of Altcoins failing at the 80-90 percent rate. Most of them can't even survive the first few minutes. The world doesn't need more *devs* and more SHITCOINS, but less.

Could go on, but those two are the most important reason that SINE was an abortion. The *devs* aren't worried about anything except getting their hands on the ill gotten lootz. Everything else that happens is a result of that.

Good this SHITCOIN is dead.

We are aware of the skepticism needed in cryptocurrency. We've seen the same scams that you've seen happen, and you are rightly jaded. We must ultimately prove through our actions that we are not scammers. This will take time. In the meantime, we are open to constructive criticism. However, you seem to be venting more than anything.

Hi there :)

I tried to make a Coin Design but i really cant to it much better,but maybe it gives a Hint at what i tought might fit for the Coin as Design.


Uploaded the Little Pic here http://www.directupload.net/file/d/3674/qjn2bvt8_jpg.htm


Sorry if it looks kinda horrible

Is there a problem with sine Pool atm?

It doesnt Updates the Mined coins or something else :c

Nope, everything is good but currently no one is mining :/

how to addnode.

i cannot addnode.
08:46:17

addnode=89.129.98.2:32714 onetry


08:46:17

Method not found (code -32601)

addnode without the = 

So it has to look like

addnode 89.129.98.2:32714 onetry



But my wallet also doesnt Syncs atm

EDIT!!


With this

addnode 190.10.9.226 onetry


The wallet began to Sync :D

Hmm 7 Active Connections to the Network but it doesnt wants to Sync

Tells me 2 Hours Behind and thats it

Any ideas?

Already restarted the Wallet

Seems like everything is stuck at Block 2188

Hard fork imminent - Upgrade to 0.10.0
On block 2768 (in ~48 hours) a hard fork will be implemented to fix the difficulty adjustment. Please update to 0.10.0 if you have not. The links in the "Downloads" section are current.



You are synced. The wallet thinks it is behind if nobody has found a block on time.

Okay and thanks for the Update,downloaded the New wallet ;)


Pointed my 276Kh/s to the Suprnova pool again

Cant pull off much more since in my Appartment its already insanely Hot xD

wallet still wont sync, says 7 hours left and coins from the pool have not shown up.

I have the same problem on the Suprnova pool

Still Unconfirmed Coins :c

Seen that Things go forward at the Pools
Wallet still Wont Sync properly but hey


Dev what do you think about this Coin design?

Sinecoins.png (http://www.file-upload.net/download-9176148/Sinecoins.png.html)



Asked a Friend wich helped me to make my Idea Look Better :)

EDIT:
Asked on Bter.com if they add it to the Voting Sinecoin is now On the Voting list ;)

Is it still alive? Dead?

Interesting. We may have a vote on a new logo soon. Also, thank you for asking Bter.