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Digital cryptocurrencies are slowly adapting to everyday life to create a new revolutionary economy based around digital money. CryoNote allows anyone, anywhere to send money instantly around the world at nearly zero fees.
CryoNote is a digital Cryptocurrency based on the CryptoNote technology. CryoNote provides complete anonymity for users within the blockchain by using the revolutionary concept of Ring Signatures. Ring Signatures mixup transaction data with other transactions to make it nearly impossible for blockchain analysist to determine where the money came from, and who it was sent to.
About
CryoNote is a digital Cryptocurrency based on the CryptoNote technology, allowing anyone to send and receive money anywhere in the world.CryoNote will officially be launching mainnet on October 18, 2018 at 8:00pm eastern time!
CryoNote offers but is not limited to the following features:So with that being said, still curious why CryoNote is different than the other CryptoNote based Cryptocurrencies?CryoNote is intended to be an alternative to other CryptoNote coins because, our goal for CryoNote is to become a light weight, easy to use, fast version of Monero while not forking Monero's source code. CryoNote uses a custom difficulty algorithm (as seen above) which allows for protection against hash attacks, botnet attacks etc... This also allows for household/hobbyist miners to put that old once expensive mining hardware to use and make a buck. CryoNote strives for speed and anonymity throughout it's blockchain. CryoNote is still in it's very early development stages, and we are continuing to improve it as time moves on...
Where can i view your white-paper?CryoNote's white-paper is currently in the works... However you can view the original CryptoNote white-paper for more info on how CryoNote works. (See below)
When will pre-built source code binaries release?Pre-built binaries for CryoNote will be released within a few days from the Bitcoin Talk ANN post. If you would like to build the source code your self, or just snoop around and view the work we've done so far, checkout our
Github Page.
What will the premine be used for?CryoNote was premined 1 million coin out of a maximum supply of 21 million, this is to pay for very pricy exchange listing fees (
reference); bounties for things such as but not limited to, graphic design, social media content, forum postings, bug reports and other future concepts for CryoNote...
How did the premine take place?The premine was distributed to our development team from the
genesis block,
this means we are not post mining any blocks except for the very first block within the blockchain. All blocks after block height 1, are mined by the community...
Roadmap Preview
Specifications
- Ticker: XCN
- PoW Algorithm: CryptoNight-Dark (CPU targeted hashing algorithm)
- Max Supply: 21 million
- Premine:1,000,000 XCN (Air drops, commissions etc...)
- Block Reward: Smoothly varying using the formula (M−A) / (218) / (1012) where M = 264 −1 and A = supply mined to date.
- Block Time: 2 minutes
- Difficulty: Retargets at every block
- Difficulty Algorithm: Weighted-Weighted Harmonic Mean (WWHM)
- P2P-bind-port: 7801
- RPC-bind-port: 7803
Mining
- Compile from source code.
- Launch cryonoted and wait until it is synchronized.
- Launch simplewallet --generate-new-wallet=wallet_name.bin --pass=12345
- Start mining from the wallet using start_mining command.
Links & Resources
No endorsement of third party services is implied. Use at your own risk. In the event of forks or other network issues be sure any service you use is properly updated and supporting the correct chain.Trading- TrageOgre - Coming Soon...
- Stocks.Exchange - Coming Soon...
- Palitanx - Coming Soon...
- FirstCryptoBank - Coming Soon...
PoolsBlock ExplorersOffline Wallet GeneratorsStand alone minersWebJoin the Discord server!
License
CryoNote is licensed under the "MIT License" for more info, refer to the LICENSE file.
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