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Dumps reducing on Bittrex! This HardFork will benefit the ones holding.
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Thanks hughjays77, lets hope everyone updates so we get to block 112,999!
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HardFork V1.2.1 We apologize to alter the original hardfork and ask you all to update your wallets again. There was an inflation problem that had to be checked. We needed to change the specs a bit. The hardfork time will remain the same i.e June 6, 07:30 GMT at block 112,999. These are the new specs that would kick in after the hardfork:
-Block time increased to 90 secs on average across 5 algorithms.
-Block reward will remain 72 SFR.
-Block reward will halve approx every 18 months (518400 blocks).
-960 blocks will be produced per day. (Reduced due to inflation of coins)
-X11 algorithm added as 4th algorithm
-Blake256 algorithm added as 5th algorithm
Some interesting features also added :
There will be a superblock week after the end of every year for the 1st 5 years where the block reward will be 5 times the block reward at that time. For the 5th year, the superblock week will have a block reward of 7 times the block reward at that time. We again apologize for the inconvenience caused in updating your wallets again. Please do update, otherwise the hardfork will not be successful. |
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HardFork V1.2.1 We apologize to alter the original hardfork and ask you all to update your wallets again. There was an inflation problem that had to be checked. We needed to change the specs a bit. The hardfork time will remain the same i.e June 6, 07:30 GMT at block 112,999. These are the new specs that would kick in after the hardfork:
-Block time increased to 90 secs on average across 5 algorithms.
-Block reward will remain 72 SFR.
-Block reward will halve approx every 18 months (518400 blocks).
-960 blocks will be produced per day. (Reduced due to inflation of coins)
-X11 algorithm added as 4th algorithm.
-Blake256 algorithm added as 5th algorithm.
-Digishield difficulty adjustment method added.
Some interesting features also added :
There will be a superblock week after the end of every year for the 1st 5 years where the block reward will be 5 times the block reward at that time. For the 5th year, the superblock week will have a block reward of 7 times the block reward at that time. We again apologize for the inconvenience caused in updating your wallets again. Please do update, otherwise the hardfork will not be successful. |
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Not bad, I really enjoyed reading that article.  ) BTW, I would like to have a short chat with you, why you are not on IRC? I can't keep my revolutionary wallet open all the time since i was working on the hardfork and testing the different versions of the wallet. I don't much use IRC through the website. Once all the technical bit is done, i will continuously be on IRC. You can PM me. At present, i can reply faster through this. |
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this coin is interesting,, any future plan for it , dev ?
Yes, we are working on a lot of stuff. We want to get this coin to be one of the best out there. We already probably have one of the best crypto wallets. So now after the hardfork and once we rectify the current coin inflation problem, we are pretty sure the coin will compete well with others. |
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when hardfork comes.
What happens with already mined coins?
Your balance will be as it is. You can create a backup of your wallet.dat file. |
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Could any pool operators please create an X11 pool for SaffronCoin?
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So X11 can be mined already ?
Sgminer reports a difficulty of 32k while the getmininginfo command reports 0.00024. Why such a difference ?
Hardfork for new algos kicks in this friday. Wont run until then I dont think. Yup. The Difficulties of X11 and blake will show as 0.00024 till the hardfork kicks in. These algos get activated only when the best chain is on the new fork. Once the hardfork kicks in, you may need to close your wallet and reopen it to solo mine these new algos. |
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Hi hughjays77, thanks for your comment. The random superblock shouldn't make much difference since it is quite difficult to find. Till now only 4 people have openly reported finding 1. But it is quite tough. I personally haven't received a single superblock yet. The reward of the superblock is also reduced from 72 * 5 to 50 * 5 with this hardfork.
I found One  Yup you are 1 of the 4 i quoted! |
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Thanks to charles33200 for getting a MAC wallet ready for the upcoming Hardfork. If you are using a MAC, please update your wallet to v1.2 from http://saffroncoin.com |
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Thanks to charles33200 for getting a MAC wallet ready for the upcoming Hardfork. If you are using a MAC, please update your wallet to v1.2 from http://saffroncoin.com |
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Hi Dev, Can you please publicly address points 1-3 of my post. I think these points have to addressed. Regards Hi hughjays77, thanks for your comment. The random superblock shouldn't make much difference since it is quite difficult to find. Till now only 4 people have openly reported finding 1. But it is quite tough. I personally haven't received a single superblock yet. The reward of the superblock is also reduced from 72 * 5 to 50 * 5 with this hardfork.
Yes, let the hardfork kick in first. Digishield should keep a check on inflation and dumping. Regarding the anonymity feature, we had thought about it but we are not really sure about implementing it yet. There is a lot of hype around it but it can also give rise to illegal stuff and many lesser crypto known countries would not end up accepting this. We will wait for some time and if the community wills it, we will try to see if the pros overcome the cons. We will certainly do a white paper on all the features and what we have in mind in the future for example addition of encrypted messages. |
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Mise à jour obligatoire: HARD FOURCHE au bloc 112 999 (env. 6 Juin 2014 07:30 GMT) S'il vous plaît mettre à jour vos portefeuilles pour la dernière version 1.2 d'être prêt pour la HardForkUtilisateurs portefeuille clients peuvent télécharger les dernières versions respectives de http://saffroncoin.com (Porte-monnaie classique - v1.2 ou Porte-monnaie révolutionnaire - v2.1)[size=12ptLes caractéristiques de ce HardFork[/size]X11 Algorithme ajouté que le 4ème algorithme. Blake Algorithme ajouté que le 5ème algorithme into the coin. Digishield méthode de réglage de la difficulté ajouté. Bloquer récompense a été réduit à 50 pièces par bloc donc en réduisant le bloc récompense superbe de 250.Bloquer récompense minimum au-delà duquel la réduction de moitié s'arrête est de 0,1 SFRDurée de la réduction de moitié bloc de récompense est augmentée à tous les 1036800 blocs (environ 1 an)En raison de l'addition de deux autres algorithmes, la difficulté est réajusté maintenant toutes les 2,5 minutes (30 secondes par l'algorithme)Qu'est-ce que cela signifie pour HardFork SafffronCoin?SaffronCoin deviendrait le premier algorithme pièce multidirectionnel vedette algorithmes X11 et Blake. SaffronCoin deviendrait le premier algorithme pièce multidirectionnel vedette digiShield. Impressionnant portefeuille révolutionnaire de SaffronCoin sera encore plus impressionnant dans une future mise à jour. |
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Hi hughjays77, thanks for your comment. The random superblock shouldn't make much difference since it is quite difficult to find. Till now only 4 people have openly reported finding 1. But it is quite tough. I personally haven't received a single superblock yet. The reward of the superblock is also reduced from 72 * 5 to 50 * 5 with this hardfork.
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Mandatory Update : HARD FORK at block 112,999 (Approx. June 6, 2014, 07:30 GMT) Please update your wallets to the latest version 1.2 to be prepared for the HardForkPools, Exchanges, Block Explorers and other clients can update the new code v1.2 from http://github.com/saffroncoin/saffroncoinWallet Client users can download your respective latest versions from http://saffroncoin.com (Classic Wallet - v1.2 or Revolutionary Wallet - v2.1)Features of this HardForkX11 Algorithm added as the 4th Algorithm into the coin. Blake Algorithm added as the 5th Algorithm into the coin. Digishield difficulty adjustment method added. Block Reward has been reduced to 50 coins per block hence also reducing the super block reward to 250.Minimum Block Reward beyond which halving stops is 0.1 SFRBlock Reward halving duration is increased to every 1036800 blocks (approx. 1 year)Due to the addition of 2 more algorithms, the difficulty is now readjusted every 2.5 minutes (30 seconds per algorithm)MAC and Linux wallets will updated in a day.***Info on Blake Mining***At present the Blake algorithm for SFR can be mined solo or in a pool but it can't be merged mined yet. We spent some time on figuring it out to get it merged mined with other blake coins but that would end disturbing the structure of other algorithms in the coin. At present, due to the nature of merged mining, it is not technically possible to have SFR blake algo merge mined without affecting the functioning of other algorithms at present. But in the future we will devise a way to make it possible. We are working with the Developer of Blakecoin to get merged mining possible for SFR. Hopefully we can come to a solution in the future. What would this HardFork mean to SafffronCoin?SaffronCoin would become the first multi algorithm coin to feature X11 and Blake algorithms. SaffronCoin would become the first multi algorithm coin to feature Digishield. SaffronCoin's awesome Revolutionary Wallet will get even more awesome in a future update. |
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