I don't get the distribution. How do we acquire this coin? is it by mining?
Added emission graph to announce. |
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Good news: 1. Updated and fixed coretests with new blockciain-based hash 2. Added mix attribute to tx out and network rules to grant requried level of mixin in ring signature. 3. Added graph with tx check by daemon (ring signature check):  |
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Will you release code that compiles on OSX? I am still waiting for both Bytecoin and Bitmonero to do so....
To be honest, you won't be taken seriously until you release binaries, osx source code, and a GUI.
Yes, we will. If we make osxbuild will you join us?  It is very important to implement all core features before the network will start, to avoid so painful hard-forks, which has become a norm in most irresponsible forks. So now we really focused on this core features. |
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This defeats the very purpose of CryptoNight. 2 MB is suitable for CPU L3 cache but too much for ASICs, making distribution more even because of accessibility. 400 ms is not a big deal since transaction speed is limited by the block time.
True, we goes with different approach, but to the same goal. The goal is not to make hash which is perfect for CPU. The goal is to make "egalitarian proof of work", in other words: to provide almost equal voting rights to all participants. Now traditionally approach is to have heavy hash-function, which is hard to implement in custom hardware. Cryptonote (CryptoNight) PoW hash(so called "slow_hash") goes on this way. It use some modern instructions sets coupled with memory consuming algorithm. Nowdays 2MB for ASIC seems to be almost impossible, but the world changing so fast now. And this finally could come to the same situation as Litecoin have now. Our approach is to keep using modern instructions sets, but instead of making big scratchpad and then process whole pad for each hash call, we gonna use blockchain as one big source of random data, and will use pseudo-random parts of it for each hash.Two-phase hashing will protect from pre-calculation of all possible hashes(second phase hash randomly accessed data with salt). Blockchain after year of network's life will be consisited of about 1.5GB random data. In mining process all this data should be randomly accessible - and back to talking about ASICs - even if ASIC calculator for this hash will apear it will be almost impossible to grant paralel access of huge count of hardware calculators to to big scratchpad- due to DRAM specific. - Donation-based сrowdfunding: the project will not have premine, instamine or other unfair launch. The project has open and transparent model of project financing: part of the emission (10%) is reserved for the development of the project, BUT the rate of emission of these coins will be сontroled by network participants (miners). Namely, miners will indicate the amount of coins to be given to developers in each block that they found. Maximum donation size for each block is determined by nominal donations formula, based on entire emission formula. This policy allows better communication between community and project development team. Finally if a miner is not happy - he can reduce donation to zero.
As a tribute to technology, we have fixed royalty percentage of donation, charged to the founders of Cryptonote.
I don't understand. You've given a number (10%) but also said it can be changed by miners. Is 10% the default that miners must deliberately change? Good luck with this fork and thanks for supporting merge-mining. I hope to see more CN coins. 10% is maximum donation size in each block. Each miner decide how much to donate himself. It can be 5%, or 9%, or even 0%. |
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Will I be able to keep my HoneyPennies in my HoneyPot?
Sorry, had to get that out of the way. Seriously though why HoneyPennies? It's just awkward is all.
Also.. why are you asking for arbitrary taxes? 10% to yourselves is a bit much . . but that's not my main issue because you said it was changeable and can be turned off.
About 10%, will try to make it clear: You should know, that quality development is always requires a lot of effort and work part-time is unacceptable for any serious project. And you've all seen how much forks was launched and abandoned later, for various reasons, but mainly because the developing became economically unfeasible. We have developed this approach (and we believe it is honest and democratic) to declare that we are going to work on this project for a long time. This is our proof that the project will not be abandoned.Unlike Bitcoin, this technology doesn't even have GUI, so there are A LOT OF work ahead. We just want to do things we like to do, and we want to earn some money with it. And we not not ashamed of this. My main focus is the % you've set aside for CryptoNote. Have you contacted them about that? Do they want a royalty fee? I don't see you've posted on their forum, so I'm just wondering if you're in contact with them at all.
Yes, we communicate with them. As long as our project is in active development now, they have not approve it yet, but they are familiar with our concept and address for royalty was generated by them. But, of course, it doesn't mean anything yet. It is up to CryptoNote. Another concern here is that you will be seemingly making significant changes to the source. Have you passed any of the proposed changes through them? It's stated very clearly on their forum that they're both looking for and willing to help new implementations of CN. It would be weird to offer them royalties for something they don't agree with.
Wouldn't reducing the scratchpad and required iterations open this hash wide for easy GPU and ASIC mining? That seems counter-intuitive to what CN wants from what I was reading. I'm a little unclear of how you plan on implementing the hash apart from the short description here, so I'm at a large disadvantage.
We know what we do with the code. If you take a look, you'll se. About PoW hash i've wrote in another answer: We've decided to use blockchain as scratchpad (with salt of course) coupled with fast version of cryptonote hash(or not) (reduced scratchpad to 130kb, and with reduced scratchpad we able to reduce iterations count). It is two-phase hashing - in first we make extra-fast hash to discover pseudo-random data addresses (indexes), and in second: we do actually hash with the salt based on first extra-fast hash. Since blockchain is always grows up we belive that it will be almost imposible to make effective ASIC. On the other hand, it will make mining process effective with complete node, so we killing two birds with one stone - make ASIC-resistant hash and gets more full nodes in network (even with pools).
Hope this is clear. If not - fill free to ask.
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Could we have a comparison of the differerence between this money and bitmonero, the first derivation of bytecoin (an thus, based on cryptonote technology too)?
Disclaimer: I mine bitmonero.
We have rush time at the moment, so later i'll make a feature comparing list with Bitmonero, but as i know, it does not have any major changes, only different emission curve and target block time, correct me if i wrong. On the other hand - fewer changes make the less chance to break something! Anyway, wish a luck to Bitmonero, it is good that someone else believe in CryptoNote. |
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Will I be able to keep my HoneyPennies in my HoneyPot?
Sorry, had to get that out of the way. Seriously though why HoneyPennies? It's just awkward is all.
Also.. why are you asking for arbitrary taxes? 10% to yourselves is a bit much . . but that's not my main issue because you said it was changeable and can be turned off.
About 10%, will try to make it clear: You should know, that quality development is always requires a lot of effort and work part-time is unacceptable for any serious project. And you've all seen how much forks was launched and abandoned later, for various reasons, but mainly because the developing became economically unfeasible. We have developed this approach (and we believe it is honest and democratic) to declare that we are going to work on this project for a long time. This is our proof that the project will not be abandoned. We just want to do things we like to do, and we want to earn some money with it. And we not not ashamed of this. My main focus is the % you've set aside for CryptoNote. Have you contacted them about that? Do they want a royalty fee? I don't see you've posted on their forum, so I'm just wondering if you're in contact with them at all.
Yes, we communicate with them. As long as our project is in active development now, they have not approve it yet, but they are familiar with our concept and address for royalty was generated by them. But, of course, it doesn't mean anything yet. It is up to CryptoNote. Another concern here is that you will be seemingly making significant changes to the source. Have you passed any of the proposed changes through them? It's stated very clearly on their forum that they're both looking for and willing to help new implementations of CN. It would be weird to offer them royalties for something they don't agree with.
Wouldn't reducing the scratchpad and required iterations open this hash wide for easy GPU and ASIC mining? That seems counter-intuitive to what CN wants from what I was reading. I'm a little unclear of how you plan on implementing the hash apart from the short description here, so I'm at a large disadvantage.
We know what we do with the code. If you take a look, you'll se. About PoW hash i've wrote in another answer: We've decided to use blockchain as scratchpad (with salt of course) coupled with fast version of cryptonote hash(or not) (reduced scratchpad to 130kb, and with reduced scratchpad we able to reduce iterations count). It is two-phase hashing - in first we make extra-fast hash to discover pseudo-random data addresses (indexes), and in second: we do actually hash with the salt based on first extra-fast hash. Since blockchain is always grows up we belive that it will be almost imposible to make effective ASIC. On the other hand, it will make mining process effective with complete node, so we killing two birds with one stone - make ASIC-resistant hash and gets more full nodes in network (even with pools).
Hope this is clear. If not - fill free to ask.
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Good News!
Blockchain-based hash is Done.
And little bug fixed in transaction-generation code.
Daemon is seemed to be working ok, but some of coretests now is broken(need to be refactored).
Next feature to do - is transaction outs with guaranteed anonymity.
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So this is not written from scratch, basically modified Crypto-note. Is it like Scrypt change into Scrypt-N?
Exactly this we wrote in announce: ....Cryptonote represents absolutely new code, made from scratch,....
Let me explain our approach to hashing: main idea of cryptonote hash is to have memory consuming algorithm (2MB scratchpad) coupled with more complex instructions set - considered that it protects from ASIC. But it makes hash function works really slow, that is bad for connectivity - slower blockchain synchronisation (PoW for each block takes avr 400ms, because used to cover whole scratchpad), and it is bad for security - it is possible to make attacks via burning your CPU for nothing (sending of fake blocks). We've decided to use blockchain as scratchpad (with salt of course) coupled with fast version of cryptonote hash(or not) (reduced scratchpad to 130kb, and with reduced scratchpad we able to reduce iterations count). It is two-phase hashing - in first we make extra-fast hash to discover pseudo-random data addresses (indexes), and in second: we do actually hash with the salt based on first extra-fast hash. Since blockchain is always grows up we belive that it will be almost imposible to make effective ASIC. On the other hand, it will make mining process effective with complete node, so we killing two birds with one stone - make ASIC-resistant hash and gets more full nodes in network (even with pools). Hope this is clear. If not - feel free to ask. PS: I'm very sorry for my terrible english, my native language pretty different as well as my way of thinking. So, i ask all native english speakers to forgive me) Hope the language of ideas and "rocket since" will make mutual understanding more simple and easier. |
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It hurts my ears when someone claims loudly that he has implemented something from scratch and it is going to be released in a few days and be better when something on the market. Either you are really good/geneous developers (possibility 1%) or it is another blah blah blah (possibility 99%).
Agree with you man. So many opinionated announcements that come to nothing, not to mention the banal scams. But, to be clear - Cryptonote technology already released in Bytecoin project (do not be confused with the same named Bitcoin fork, meaning bytecoin.org - cryptonote-based project), and seems to be working, we belive it working. And even with the belief in this technology, we took off rose-colored glasses and wrote Shortcomings |
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Diagram is unreadable, maybe you can get a higher resolution for that?
Do you have a main account in Bitcointalk?
Link to full size image placed under the picture: http://honeypenny.org/files/transaction_gen.png And, we've decided to act anonymously, for more objective assessment of our work - no real names at this phase. Is this a fork of bytecoin?
Yes, it is based on bytecoin code, but there are two bytecoins actually, bitcoin fork and cryptonote-based bytecoin, it is a little confusing. That why we've decided to refer to Cryptonote. Anyway, comparing the bytecoin code, we've changed some naming there, because writing everywhere "cryptonote" is not informative. Instead, files which related with currency core now named with "currency" prefix. The same thing with namespaces. It may seems strange to make so bold changes in code, but we have a very clear and fine understanding what we do. |
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 Website: https://boolberry.comTwitter: https://twitter.com/boolberryBBRMedium: https://medium.com/@BoolberryBBRReddit: https://www.reddit.com/r/boolberry/Discord: https://discord.gg/2amMcYn Boolberry is a cryptocurrency based on CryptoNote technology. Boolberry's major benefit is that it provides much stronger privacy for both the senders and receivers of transactions. It does so by ensuring that receivers are anonymous (the destination of a transaction can only be determined by its real recipient) and transactions cannot be linked to a single sender. Instead, each transaction could have many equally possible senders, and an attacker cannot determine which one it was. Boolberry improves upon Ordinary CryptoNote technology in several ways. Boolberry offers improved anonymity through unlinkable outputs. Boolberry reduces the size of the block chain, the global ledger of all transactions, by pruning the ring-signatures. This provides over a 55% reduction in block chain size. These features are found in no other CryptoNote based cryptocurrency. A few other exclusive features are an easy-to-use GUI wallet, address aliasing and the ability to send network alerts.  PrivateBoolberry exchange protocol supports multiple unique one-time addresses protecting receiver from being exposed UntraceableWith ring signature technology Boolberry keeps transactions untraceable by blending a message within an equiprobable group Solving blockchain bloatBoolberry's unique pruning mechanism trims old ring signatures that are covered by checkpoints Defending against asicsBoolberry employs a Wild Keccak algorithm designed specifically to keep real miners in the game User friendlyBoolberry wallet app will finally bring an easy-to-use experience to Cryptocurrency. It's unique alias system gives users the option to replace long wallet addresses with a simple alias, such as @yourname  Launch Date: 17 May 2014 16:00 GMT Algorithm: Wild Keccak (Blockchain-Based PoW hash) Block Generation: 2 minutes Money Supply: ~18,450,000 Premine: 0% Default P2P Port: 10101 Default RPC Port: 10102 Developer Bounty: Up to 1% (Controlled by miner's votes)  Wild keccak whitepaper https://boolberry.com/files/Block_Chain_Based_Proof_of_Work.pdfCryptonote 2.0 https://cryptonote.org/whitepaper.pdfBoolberry Reduces Blockchain Bloat https://boolberry.com/files/Boolberry_Reduces_Blockchain_Bloat.pdfBoolberry Solves CryptoNote Issues https://boolberry.com/files/Boolberry_Solves_CryptoNote_Issues.pdf Github/Releases https://github.com/cryptozoidberg/boolberry/releases/ http://mining.blue/https://boolberry.luckypool.io/http://bbr.miningclub.info/ BTC-Alpha https://btc-alpha.com/exchange/BBR_BTC/STEX https://app.stex.com/en/basic-trade/pair/BTC/BBR/1D Crypto_zoidberg Lead Dev Sowle Dev Ravaga PM Hashapplience Biz Dev  Clintar, Crypjunkie, B4h4mu7, Aldobryn, Alex.Bo, Shojayxt, Dga, Surfer43, James(jl777), Othe, Enerbyte, Pt7, Satoutaka6612, Trueberry, Damashup |
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Hello bro!  |
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