Hello, sure soon we'll share updates

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Hello, yes you're quite right. Thank you!

Well, yes. But it depends on a staking amount and staking time frame. 

Welcome!

Hello, and thank you

Well, let check it together
You'll receive +138 coins with probability 38.23%
(The probability indicates estimate chances for this amount of coins to earn any PoS rewards in the given timeframe and not chances of earning exactly the expected amount.)
Better way to stake for a 90 days more and get 385.54 CUT more with higher probability. Or stake more. That're my recommendations not more.
 
You can calculate here

Hello, and thank you!
Certainly we have huge plans. You can check our roadmap here cutcoin.org. You're welcome!

Here you could possibly find old information about predicted coin emission schedule. Now, after successful 52 000 Hadr Fork, it's time to update and renovate emission parameters. Whatever there is no place for worries the Total Supply and other important parameters didn't change. So, let's check what exactly had changed.
 After Public release Dec 24th we chose to start with PoW consensus with the switch to PoS. Proof-of-Stake (PoS) was chosen as man consensus 'cause of it's a modern and technically advanced mechanism. With PoS, in the usual sense, "miners" are replaced by validators that support the operability of the network, and the coin mining process itself becomes virtual. PoS is a type of algorithm based on the proof of ownership of a share: checking the truth of a node's transaction by choosing which one has a greater share of coins. March 7th we made Hark Fork as promised.
During PoW period 18506410.5457656292 CUT coins were mined, as it was mentioned we planned to mined only 15 000 000 CUT coins.

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Hello! We created official subreddit https://www.reddit.com/r/CUTcoin/ Follow us!

---

Hello,
we released a new version of the CUTcoin.org main page!!!
Check it and ask us!
Also, you can use POS calculator

---

We came back with news
CUT coin project is listed at

Coin Gecko
https://www.coingecko.com/en/coins/cutcoin

CoinCodex
https://coincodex.com/crypto/cutcoin/

You can check our price index, volumes and more info there.
Small news for you guys before big updates.

---

Hello community, we’ve got an impressing achievement.
CUTcoin Dev team fling themselves into GUI wallet implementation. During developing we faced with some issues but fixed them.
And we’re happy to release a fully functional beta version of it for both Win 64x and Lin 64x. The version adopted for 32x coming soon.

New wallet has a full set of features you could ever need for staking.
There are no needs to write difficult commands. From now simply click on ’Start staking now’ button will start staking process with all comforts. Also, you can create new wallets, launch with seed words existing wallets and transfer coins.

We’re looking forward to receiving any feedback from you guys ( at CUTcoin chat room @CUTCOINTALK )
https://github.com/cutcoin/cutcoin-wallet/releases/tag/2.0

---

 New CLI wallet version is available now!

Features added:
1/ Status:
  - You are staking XXX CUT now.
  - Waiting for the stake to mature, will start staking in approximately XX hours and XX minutes.
2/ Unspent outputs amount for staking ( 800 blocks);
3/ Total CUT coins amount;
4/ Current blockchain height;
5/ Difficulty;
6/ Statistics:
- Reward found in 24/ 48 hours.
- Next block expected time.
- Average income per 24 hours/ week.
- Lucky change for next block (probability percent).

Download here
https://github.com/cutcoin/cutcoin/releases/tag/v2.0.2

---

Hello,
Yes, we’re alive. Our POS CryptoNight implementation shows itself like working and somehow prosperous, nevertheless, we never did ico or shout to of loud about ourselves.
However, you can check and join our community here
https://t.me/cutcointalk
https://discord.gg/UNNzf3J

Goals and plans
* Second exchange
Difficulty in this task is at first to find a not-fake volume exchange. Second, not all of exchanges are working with Monero family coins.

* Staking Pool
We discussed this idea at telegram chat with the community. I think I’ll post more details about it here

* Mobile app
* Some activities are coming for BTT community and for other communities, we need strong support for positive trend at STEX exchange.

You can check roadmap here  https://cutcoin.org/

Also, we have some future goals, will post them later.

---

UPD
all information mentioned at startpost.

Staking Guide | How to run wallet | Testnet Faucet

---

UPD
New subreddit registered. Some persons banned us after Exchange listing news. Sad to spamers, but we're not.

Hello, thank you for questions.
After each block, each unspent output in each staking wallet computes it's time to mine a block. It does so by calculating a hash of the last PoS hash concatenated with the unspent output's key image. The lower the numeric hash value and the output monetary amount - the sooner it will be allowed to forge a block. Eventually, the time advances to the allowed time of some of the outputs and it's wallet forges a block and broadcasts it to the network.

The chance to forge a new block is therefore proportional to the total amount of coins in the wallet.

Our implementation is very close to the one described here:

However, instead of rolling the timestamp every 16 seconds and re-checking (as described above), each output has a "target time" at which it will be allowed to forge a block, quite similar to what NXT has:
https://nxtwiki.org/wiki/Whitepaper:Nxt#The_Forging_Algorithm

By using the key image of an output, which is generally secret before the output is spent, to generate the hash we effectively address Vitalik's concerns about predictability of PoS blockchains, raised here:
https://vitalik.ca/files/randomness.html

Thank you again! Of cause I'll say thank you, and will be thankful.
Soon, I suppose, we will run the Bounty campaign related to CUTcoin PoS.

---

Hello Miners! ⛏ Take a look at this guide ⬇️ There you'll find required information to start PoS  https://www.reddit.com/user/CUTcoin/comments/aumb8b/cutcoins_proof_of_stake_implementation/

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☀️☀️ You asked we did it. You're welcome there https://discord.gg/mDqMc53 Join us

---

As of now just 30 blocks or roughly one hour to go until the fork. Be prepared to stop your miners and start staking.

---

❗️ Hello miners! Please stop mining  and start staking. If you have no idea how to do that check manual here https://www.reddit.com/user/CUTcoin/comments/aumb8b/cutcoins_proof_of_stake_implementation/

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Staking Guide | How to run wallet

---

Hello!

Few days past after PoS
And we created community at discord
https://discord.gg/UNNzf3J

Welcome to join us! 

---

Simple steps to start CUTcoin staking


1. Create your personal wallet. The official command line wallet is 'cutcoin-wallet-cli'.

To create the wallet:


1.1. Download source code and build CUT coin daemon and wallet (for Linux) or just download executables (for Windows) from here https://github.com/cutcoin/cutcoin/releases/tag/v2.0.1 Follow README.md instructions.[/i]

1.2. Run Cutcoin daemon, for example:

./cutcoind --data-dir ./

1.3. Wait till the daemon is cynchronized. You sould see the message: 'You are now synchronized with the network. You may now start cutcoin-wallet-cli.'

1.4. Generate a new wallet. Run

./cutcoin-wallet-cli

and follow the instructions. Don't forget to save your wallet file in a safe place.



2. Get your CUT coins. Ask your friend to share some coins with you or buy on the market: https://app.stex.com/en/trade/pair/BTC/CUT/1D

When withdrawing the coins from the exchange specify the wallet address that you just created.



3. Wait for 800 blocks (approx 12 hours). Now you can put your coins on the stake. Run 'start-staking' command in the wallet.

---

Hello, as we promised now we’re working under GUI wallet version.
 Graphic easy to use and so-so wallet.

Current features list to add:
1/ Status:
  - You are staking XXX CUT now.
  - Waiting for the stake to mature, will start staking in approximately XX hours and XX minutes.
  - Last block time is too far in the past, you are likely disconnected from the network, please check your daemon.
2/ Unspent outputs amount for staking ( 800 blocks);
3/ Total CUT coins amount;
4/ Current blockchain height;
5/ Difficulty;
6/ Statistics:
- Reward found in 24/ 48 hours.
- Next block expected time.
- Average income per 24 hours/ week.
- Lucky change for next block (probability percent).

We would like to hear your opinion about features you think we need to add. And promise we’ll boogie on it.
Waiting to read feedback. You're welcome to discuss with us at Telegram chat or at Discord community. Thank you!

I am not going to delete it, but we're only interested in CoinMarketCap top 100 exchanges for our community. Not less. for you good luck

---

Hello, you're welcome here
https://t.me/cutcointalk 

Channel is only for important news. 

---

Hello,
for now you can only try this on testnet. After the fork it will also work on mainnet.

---

Hello!!! Thank you! how to mention your credits?

Hello, sorry sometimes it makes me very upset when CUTcoin someone calls token. I'm sorry but nevermind that.
Anyway yes, we're listed at the exchange and have plans to be listed at other.

You can check us here
 STEX

And thank you for asking 

---

If you have questions about How to run Testnet
check here, please.
Manual

Do not forget to upvote   

Hello everyone!

We opened faucet where you can get free CUTcoins for testnet staking.
Getting testnet CUTcoins will allow you to test our PoS CryptoNight staking implementation. We hope that you'll join our community to test all Cutcoin's features. You'll have it for free!

Faucet

Thank you! Could we use it with credits?

---

---

hello, that will happen on  52000 block.
Now currently testnet is available 

Hello, that will be announced on Monday.

I'm really interested in how do you guys choose coins to invest?
Of cause, I have my personal interest, but mostly I do believe in crypto investing.

We forked from Monero because it's really more anonymous than zcash and we respect dev and Monero's idea. Hope in next upcoming update they'll fix hashrate issues  

Hello, oh intereting topic to discuss.
Basically, our coin is based on Cryptonight\cryptonote. So it means, that main issues with bitcoin weakness are not about us. I'll try to write review asap. thank you!

---

CUTcoin web wallet successfully launched. ⬇️
https://wallet.cutcoin.org/

 Check it now and start using easy to access web wallet.
CUTcoin keeps getting better.

---

Hello,
POS vulnerability

A group of researchers has identified some vulnerabilities in cryptocurrencies based on the Proof-of-Stake principle, especially these vulnerabilities are typical for coins based on PoSv3 (Proof-of-Stake version 3). The fact is that PoSv3 does not provide complete data validation before using resources (disk and RAM). This leads to the fact that an attacker, even without possessing powerful resources, can provoke a node failure by filling its disk and RAM with fake data.
The researchers concluded that all cryptocurrencies based on the UTXO model are vulnerable to attacks called “Fake Stake”.

Vulnerability 1
It was found that Qtum, Particl, Navcoin, HTMLcoin and Emercoin cryptocurrency demonstrated a fairly simple form of this vulnerability - they don’t check the cryptocurrency transaction at all before fixing the block in RAM or disk.
These five cryptocurrencies apply a function in which there is a distribution of blocks and division into blocks and headers. The node requests the block after the header has received an acknowledgment. And given that the node can not independently verify the title - it stores it in the memory structure.
As a result, any attacker can fill the RAM of the node, even has no stake.
The second type of this attack can be performed on the same basis, but it is aimed at the disk (not RAM). Presumably, an attack directed to the disk will be more harmful to the victim if the RAM is full, then you can simply reload the node. But if the disk is full, more serious intervention will be required.

Vulnerability 2
The working group noticed that the first vulnerability was possible using the “header first” feature and the PoSv3 principle. But the attack does not work on earlier versions (for example, Peercoin), because before checking the blocks on the disk, preliminary checks are carried out: checking the output to the main circuit and checking the compliance of the PoS kernel hash.
But in later versions there may be some problems.
First, the verification guarantees that the coin only exists, but does NOT guarantee that it is not spent.
Secondly, even if you check the block on the divergence of the main chain, the transaction of the recipient of the coin is checked by TxDB for the main chain itself.
To bypass the main circuit output check, you can use a pin that is not yet verified by the node, but has already been spent. To bypass the verification of the PoS kernel hash, you need to extract a valid block that passes the goal of complexity, which in turn would require a large number of stakes. However, as it turns out, incomplete checking can be abused to generate an arbitrary number of visible stakes.

So, resuming all we can sure you, that we made researches for this issues and in our PoS code there would be no such issues. I'll post our PoS later after tests done.

---

❗️ Updating
Important news.
⛏ According to the last sudden hashrate changes in one famous crypto blockchain we would like to mention.
✨ CUT coin is improved re-written Cryptonight, with 100% ASIC resistance.

---

Why CUTcoin algo is better for mining in the last few days?
Why did the team choose cryptonight as a based for anonymity aspect?

CUTcoin Fork

On December 24th, 2018 we decided to launch in public our project, announcing the emergence of an anonymous cryptocurrency.
We forked from Monero CryptoNight, and rewrite and improve algo. In a few days big changed are coming, let me introduce them. As we announced before CUT coin firstly is PoS coin. Soon after 15 000 000 CUT coins will be mined with PoW we will run PoS. Before it'll happen let us make last-days-call for CUTcoin mining.
BTW check Block Explorer https://blocks.cutcoin.org/

Features:

• CryptoNote algorithm improved with ASIC's 100% resistance ( you know it's actual remark last days);
• concealed address ("invisible addresses");
• untraceable transactions (Ring confidential transaction) ;
• later PoS consensus will run.

Inspired by Monero's experience and priority ideas our team released it's coin based on proven technology (based on the CryptoNight algorithm) but with its unique feature the PoS consensus. The updates in Monero made in October were aimed at large-scale improvements to the protocol, correcting errors, increasing security, as well as maintaining ASIC resistance.
Major code changes include:

Re-written unique hash search algo.
- Asic's resistance
- Changed difficulty
- Created full infrastructure for coin mining.

Check it now
Official Pool here
https://pool.cutcoin.org/#/home,
Community pools
https://cnpool.cc/cut,
https://crypto9coin.cf/cut,
http://cutcoin.mining-pool.host/,

Wallets
http://offline-wallet.cutcoin.org,
https://wallet.cutcoin.org (web wallet).

As you can see, CUTcoin is a fairly promising project, with growth opportunities, implementing the best technologies of the Monero system, while combining its potential and fresh ideas. Last days remaining.

---

Hello everyone.

I would like to announce the testnet launch date: after
24th February


So, PoS launch will be announced later.

 

Thank you! 

---

If you'll have questions, fell free to ask me 

Hello, thank you!

---

Hello, conctact us via telegram @cutc0in, please.

---

Hello everyone, long time no sees? We’re working hard under CUTcoin mining new features according our great plans. So, we decided to share with you important doc «Rapid transit roadmap». Basically, the roadmap shows the main goal of product development, but in this case, we chose transit map as an idea of plans visualizations simply because PoW consensus we will with to PoS consensus. Good idea? Do not forget to discuss roadmap visualization at telegram chat room @cutcointalk. #tothemars

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 Current progress:
 #webwallet (in progress),
#PoS (testing),
#cryptoexchanges
#webpage (2 weeks left)
Stay tuned