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1  Alternate cryptocurrencies / Mining (Altcoins) / 【XWP】Swap Mining [Cuckaroo29s] [Micropool] ⛏ on: May 11, 2019, 02:35:11 AM


This thread was made to discuss anything related to the Swap mining ecosystem.

Subjects can be anything related to the PoW mining algorithm, Cuckaroo29s, as like the original algorithms that it came from, like Grin's Cuckaroo29, Cuckoo Cycle, etc. There will be a complete overview for Swap mining, its mining softwares, as like the Micropool software, made to easily solo mine with GPU (without pools).

Feel free to post any questions about Swap mining, the PoW algorithm (Cuckaroo29s or even Cuckoo Cycle in general), request support, report problems, as like to make any suggestions or predictions about the future of the used algorithm or PoW in general, speak about the graphrate, pools, possible ASICs, etc.

Please, no off topic posts. No projects advertisements (except on signatures or profile images or comparations), trolling, scamming attempts or diffamatory replies. Let's maintain the thread flowing according to the subject. Comparisons with other projects or speak about solutions adopted by them are welcome.

Also, please, be compliant to the forum general rules (https://bitcointalk.org/index.php?topic=703657), particularly paying attention to rules #13, #21, #22 and #32:

"13. Bumps, "updates" are limited to once per 24 hours."
"21. Old bumps should be deleted."
"22. Advertising (this includes mining pools, gambling services, exchanges, shops, etc.) in others threads' is no longer allowed, including, but not limited to, in altcoin announcement threads."
"32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed."


The link for this thread will be also in the Swap Announcement thread at Altcoins Announcements (https://bitcointalk.org/index.php?topic=5083455), as like in the ANN translations, mining and pools threads.






What is Cuckaroo29s and why it was chosen as the Swap PoW algorithm?

CryptoNight was used for most of the CryptoNote based projects for a long time. Some years ago, for many reasons, mainly in the effort to avoid ASIC mining, that algorithm was modified by Monero and many other CryptoNote based projects, with many variations of the original CryptoNight being made. But all of them are still bound to the weaknesses which CryptoNight brings.

The algorithm promotes through its virtues of obfuscation, inequalities that cannot be compensated for. This required Swap to abandon CryptoNight (and any of its variants) in search of an algorithm or algorithms that more serve our needs for fairness and openness. To summarize in brief, we explored primarily Cuckaroo algorithm variants for our Proof of Work. The simpler the algorithm, the less advantage those with the means shall have. A simple algorithm that is open source is the first step in securing the block chain as it helps to level the playing field.

So, since the start of the project, there was the idea to completely discharge CryptoNight (as like any of its variants), and pursue for a better PoW algorithm that could attend to the project's necessities.

Now, Swap uses a new and unique variant of Cuckaroo29 (used by Grin), which was labeled "Cuckaroo29s". We have in essence smashed together CryptoNight with Cuckaroo so that we can retain the desirable features of CryptoNote but also improve our network security with a better PoW algorithm than any CryptoNight variant which has been proven to be easily FPGA'd or ASIC'd. There are a tremendous amount of improvements with the changes that have been made. Cuckaroo demands also less CPU power to validate the blocks and sync with the network than CryptoNight and its variants, and also it's faster for the block propagation in the network.

For more information:

https://swap.fyi/#cuckaroo
https://github.com/tromp/cuckoo (Original Cuckoo Cycle repository)


Difference between Grin's Cuckaroo29 and Swap's Cuckaroo29s

The only differences are basically:

Grin    Cuckaroo29 ---> Cycle length: 42 bits / Nonce lenght: 8 bytes
Swap  Cuckaroo29s --> Cycle length: 32 bits / Nonce lenght: 4 bytes

For the share verification, the cycle was packed according to the reduced length.

More detailed information:
https://github.com/swap-dev/swap/wiki/Develop-for-Swap-Mining
https://i.imgur.com/yqmtSbo.png
https://i.imgur.com/cs5DkcB.png
https://i.imgur.com/JM0POTg.png
https://i.imgur.com/Vki4dw3.png


The change from CryptoNight to Cuckaroo29s

Swap has forked from CryptoNight Superfast (which is basically CryptoNight Heavy with a 2MB scratchpad and one quarter the iterations) to Cuckaroo29s on block 555,555 (February 20 2019, 10:09:44 AM (UTC)). Fork went successfully, and since then, the orphan rate has lowered to a decent value (compared with other coins) and the network is still running flawlessly. Blocks are syncing faster than before, pre-fork blocks were pre-hashed for the new algo, and now, syncing the entire chain from genesis takes less time than even importing from a RAW file.



Mining Swap

Currently, the minimum GPU requirement to mine Cuckaroo29s is 4GB of VRAM. Some miners require more (values like 5GB or 6GB of VRAM).

You can find more details about the current miners that support Cuckaroo29s mining at the specific website section (https://swap.fyi/#miners).



Miners

Swap Reference Miner

* Minimum 6GB VRAM
* AMD/Nvidia
* Requires .NET Core 2.2 Build apps

https://github.com/swap-dev/SwapReferenceMiner/releases/latest


GMiner

* Minimum 4GB VRAM
* AMD/Nvidia

https://github.com/develsoftware/GMinerRelease/releases/latest
https://bitcointalk.org/index.php?topic=5034735.0


RainbowMiner

* Minimum 4GB VRAM
* AMD/Nvidia

https://github.com/RainbowMiner/RainbowMiner/releases/latest
https://bitcointalk.org/index.php?topic=5050211.0


GrinProMiner

* Minimum 6GB VRAM
* AMD
* Requires .NET Core 2.2 Build apps

https://github.com/mozkomor/GrinProMiner/releases
https://grinpro.io/


NBMiner

* Minimum 5GB VRAM
* Nvidia

https://github.com/NebuTech/NBMiner/releases/latest
https://bitcointalk.org/index.php?topic=5099379.0


Awesome Miner

* Minimum 4GB VRAM
* Nvidia

https://www.awesomeminer.com/
https://bitcointalk.org/index.php?topic=676942.0


More info about the mining softwares: https://swap.fyi/#miners
There already are some discussions and comparations between the mining softwares at the Swap's discord server, in the mining related channels, as like some mining tweaks users have made.
Anything else you need, like pool software, for example, you can find at the main repository: https://github.com/swap-dev/



The Micropool

https://github.com/swap-dev/micropool-gui/releases/latest

The Micropool software was made to easily solo GPU mine Swap without the need of using any of the existing Swap pools. It was made with the intention of helping miners to decentralize the network, not depending on a pool to mine. You just need to locally run a Swap daemon (or chose a remote node if desired) and use one of the current mining softwares that support the PoW algo, Cuckaroo29s.





How to use it?

Basically you must setup the Micropool, configure it accordingly and then point the mining software to it. Preferably you should be running a local Swap daemon to gain max mining efficiency, but you can use it to connect to a remote node.

- Wallet: The wallet public address you want to recieve the block rewards (starts with "fh").

- Daemon-Host: The IP address of the node used (can be a local or remote one). By default, a local Swap daemon running in the same machine uses the IP 127.0.0.1. By inputing the default IP value, 0.0.0.0, makes it listen on all interface, and is enough to find whatever other local IP address being used by the daemon.

- Daemon-Port: The RPC port used by the Swap daemon (default Swap daemon RPC port is 19950).

- Pool-Port: The port you want to set for your Micropool. Will be used later to connect with the mining software you'll use to mine.

Note: The Micropool software can be also built to run on Linux.






About Swap

Swap [XWP] is a private and fungible CryptoNote based coin with 15 seconds block time, aiming to be the most fair, stable and efficient CryptoNote coin without any premine, governance fee, founders rewards or any other bullshit made to easily enrich the creators.

It is the first CryptoNote coin to integrate the Cuckaroo29s (variant of Grin's Cuckaroo29) PoW algorithm for fair mining. The change brings the Swap network superior protection and stability than the CryptoNight algorithm. Cuckaroo29s hashing improves verification speed substantially making block propagation much faster. Swap will stay close to Monero technology-wise while using a different PoW algorithm.

Differently from most of the cryptocurrency projects, Swap has ZERO premine, ZERO dev fees, and ZERO founders rewards. It's a community project after all, and that will never change.



Specifications

● Coin symbol: XWP
● Total supply: 18,400,000 coins before tail emission.
● Tail emission: ~157,680 coins each year (starting at year 8 )
● Decimal places: 12
● PoW hash algorithm: Cuckaroo29s (variation of Grin's Cuckaroo29)
● Block time: 15 seconds
● Confirmation time: 10 blocks (~2.5 minutes)
● Maturation: 60 blocks
● Difficulty Adjustment Algorithm: Monero DAA
● Genesis block: 2018-11-16 (November 16, 2018) at 09:06:03 (UTC)

● Premine: No
● Developer fee: No
● Founders reward: No
● ICO: No




[Default ports]

● Mainnet P2P port: 19949
● Mainnet RPC port: 19950
● Testnet P2P port: 29949
● Stagenet P2P port: 39949




[Remote Nodes]

node.swap.fyi:19950
58.185.155.109:19950 (Special thanks to Reeyon, Asia node)
Node.bitkitten.xyz:18850 (Special thanks to Rixxter, EU node)
node.pocketwhale.info:19950 (Special thanks to Leafy, high performance North American node)



[Mining Rental Service]

https://www.miningrigrentals.com/rigs/cuckoocycle29swap



[Website]

https://swap.fyi/



[Github]

https://github.com/swap-dev/swap



[Block Explorer]

https://swap.coinscope.cc/
https://swap.coinscope.cc/api/emission (Current emission details)



[Social Media / Discussion Group]

Reddit: https://www.reddit.com/r/SwapProject/
Twitter: https://twitter.com/_realSwap
Discord: https://discord.gg/egc4md9
Facebook: https://www.facebook.com/swapproject/
Telegram: https://t.me/swapxwp
Instagram: https://www.instagram.com/swap.coin/
Forum: https://swap-forum.fyi/
QQ: 690114865 (Chinese)



For more details, links and information, please, check the Swap Announcement thread:

[Swap Announcement Thread]

https://bitcointalk.org/index.php?topic=5083455


[Swap Announcement Translations]

EspaŮol (Spanish): https://bitcointalk.org/index.php?topic=5129181
PortuguÍs (Portuguese): https://bitcointalk.org/index.php?topic=5129167
中文 (Chinese): https://bitcointalk.org/index.php?topic=5129558



[Swap Pools Thread]

https://bitcointalk.org/index.php?topic=5140778



[Swap Speculation Thread]

https://bitcointalk.org/index.php?topic=5141704



[Donation Address for Bounty, Airdrop, and Development]

Code:
fh2jc6PbQYd4a5PY3ooPMZiPVniMy4MGcjSRBnoBVc1xLmdCHJ6hc98Ess2hpN2mDgPnCAXtDUUbmjWYutRvdoSr2Nps2o5wc

Private View key:
Code:
84a6ac951dccea8aa5c23127f9e69bd71222d64c0b560bbec49a6e6c01df1205


*Pickaxe SVG icon frame designed by Freepik from www.flaticon.com*
2  Alternate cryptocurrencies / Speculation (Altcoins) / 【XWP】Swap Speculation 📈 on: May 11, 2019, 01:56:15 AM


This thread was made to discuss anything related to Swap [XWP] price and speculation. Subjects can be:

● Current price and volume
● Speculations about the future price
● XWP trading
● TA
● Exchanges
● Market in general


Please, no off topic posts. No projects advertisements (except on signatures or profile images or comparations), trolling, scamming attempts or diffamatory replies. Let's maintain the thread flowing according to the subject.

Also, please, be compliant to the forum general rules (https://bitcointalk.org/index.php?topic=703657), particularly paying attention to rules #13, #21, #22 and #32:

"13. Bumps, "updates" are limited to once per 24 hours."
"21. Old bumps should be deleted."
"22. Advertising (this includes mining pools, gambling services, exchanges, shops, etc.) in others threads' is no longer allowed, including, but not limited to, in altcoin announcement threads."
"32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed."


The link for this thread will be also in the Swap Announcement thread at Altcoins Announcements (https://bitcointalk.org/index.php?topic=5083455), as like in the ANN translations, mining and pools threads.






About Swap

Swap [XWP] is a private and fungible CryptoNote based coin with 15 seconds block time, aiming to be the most fair, stable and efficient CryptoNote coin without any premine, governance fee, founders rewards or any other bullshit made to easily enrich the creators.

It is the first CryptoNote coin to integrate the Cuckaroo29s (variant of Grin's Cuckaroo29) PoW algorithm for fair mining. The change brings the Swap network superior protection and stability than the CryptoNight algorithm. Cuckaroo29s hashing improves verification speed substantially making block propagation much faster. Swap will stay close to Monero technology-wise while using a different PoW algorithm.

Differently from most of the cryptocurrency projects, Swap has ZERO premine, ZERO dev fees, and ZERO founders rewards. It's a community project after all, and that will never change.



Specifications

● Coin symbol: XWP
● Total supply: 18,400,000 coins before tail emission.
● Tail emission: ~157,680 coins each year (starting at year 8 )
● Decimal places: 12
● PoW hash algorithm: Cuckaroo29s (variation of Grin's Cuckaroo29)
● Block time: 15 seconds
● Confirmation time: 10 blocks (~2.5 minutes)
● Maturation: 60 blocks
● Difficulty Adjustment Algorithm: Monero DAA
● Genesis block: 2018-11-16 (November 16, 2018) at 09:06:03 (UTC)

● Premine: No
● Developer fee: No
● Founders reward: No
● ICO: No




[Website]

https://swap.fyi/



[Github]

https://github.com/swap-dev/swap



[Exchanges]

TradeOgre (BTC pair): https://tradeogre.com
HotDEX (BTC pair): https://wallet.hotdex.eu
Citex (BTC/ETC pairs): https://www.citex.co.kr
Graviex (BTC/ETH pairs): https://graviex.net/
Bittrader (BTC/ETH/LTC/TRD/USDC pairs): https://bittrader.io/

More detailed info about the exchanges: https://swap.fyi/#exchanges



[Social Media / Discussion Group]

Reddit: https://www.reddit.com/r/SwapProject/
Twitter: https://twitter.com/_realSwap
Discord: https://discord.gg/egc4md9
Facebook: https://www.facebook.com/swapproject/
Telegram: https://t.me/swapxwp
Instagram: https://www.instagram.com/swap.coin/
Forum: https://swap-forum.fyi/
QQ: 690114865 (Chinese)



For more details, links and information, please, check the Swap Announcement thread:

[Swap Announcement Thread]

https://bitcointalk.org/index.php?topic=5083455

[Swap Announcement Translations]

EspaŮol (Spanish): https://bitcointalk.org/index.php?topic=5129181
PortuguÍs (Portuguese): https://bitcointalk.org/index.php?topic=5129167
中文 (Chinese): https://bitcointalk.org/index.php?topic=5129558



[Swap Mining Thread]

https://bitcointalk.org/index.php?topic=5141707



[Swap Pools Thread]

https://bitcointalk.org/index.php?topic=5140778



[Donation Address for Bounty, Airdrop, and Development]

Code:
fh2jc6PbQYd4a5PY3ooPMZiPVniMy4MGcjSRBnoBVc1xLmdCHJ6hc98Ess2hpN2mDgPnCAXtDUUbmjWYutRvdoSr2Nps2o5wc

Private View key:
Code:
84a6ac951dccea8aa5c23127f9e69bd71222d64c0b560bbec49a6e6c01df1205


*Chart SVG icon frame designed by Anton Saputro from www.flaticon.com*
3  Alternate cryptocurrencies / Pools (Altcoins) / 【XWP】Swap Mining Pools [List] 🔵 on: May 08, 2019, 07:05:17 PM

Since many Swap [XWP] pool owners post their announcements separatedly as new threads or posts in their own general pool announcements, that thread was created for them to group all their Swap support announcements and post them here, as like to discuss anything related to Swap mining pools (since it's not allowed too to advertise pools in any Announcement thread or other specific areas that aren't specially reserved for pool owners (rule #22)):

"22. Advertising (this includes mining pools, gambling services, exchanges, shops, etc.) in others threads' is no longer allowed, including, but not limited to, in altcoin announcement threads."

So, fell free to post anything related to Swap pools, like new Swap pools announcements, pool updates, give suggestions and report issues to the pool owners, pool owners report issues to the Swap team, etc. The link for this thread will be also in the Swap announcement thread at Altcoins Announcements (https://bitcointalk.org/index.php?topic=5083455), as like in the ANN translations, mining and speculation threads.

Please, no off topic posts. Other coins pools (except on signatures and profile images), trolling, scamming attempts or diffamatory replies will be removed (it's a self moderated thread).

Also, please, be compliant to the forum general rules (https://bitcointalk.org/index.php?topic=703657), particularly paying attention to rules #13, #21 and #32:

"13. Bumps, "updates" are limited to once per 24 hours."
"21. Old bumps should be deleted."
"32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed."


POOL OWNERS:
Please, make sure you pool is also listed in the pools section of the main website (https://swap.fyi/#pools).
Make sure your pool is also listed at the MiningPoolStats page (https://miningpoolstats.stream/swap).
If you are in the Swap discord group (https://discord.gg/egc4md9), please, ask one of the moderators for the "@Pool Operator" server role.

PS: Note that if your Swap pool cease to exist, the post announcing it will be removed.

The link for this thread will be also in the Swap Announcement thread at Altcoins Announcements (https://bitcointalk.org/index.php?topic=5083455), as like in the ANN translations, mining and pools threads.



Swap Pool Code

https://github.com/swap-dev/cryptonote-swap-pool






About Swap

Swap [XWP] is a private and fungible CryptoNote based coin with 15 seconds block time, aiming to be the most fair, stable and efficient CryptoNote coin without any premine, governance fee, founders rewards or any other bullshit made to easily enrich the creators.

It is the first CryptoNote coin to integrate the Cuckaroo29s (variant of Grin's Cuckaroo29) PoW algorithm for fair mining. The change brings the Swap network superior protection and stability than the CryptoNight algorithm. Cuckaroo29s hashing improves verification speed substantially making block propagation much faster. Swap will stay close to Monero technology-wise while using a different PoW algorithm.



Specifications

● Coin symbol: XWP
● Total supply: 18,400,000 coins before tail emission.
● Tail emission: ~157,680 coins each year (starting at year 8 )
● Decimal places: 12
● PoW hash algorithm: Cuckaroo29s (variation of Grin's Cuckaroo29)
● Block time: 15 seconds
● Confirmation time: 10 blocks (~2.5 minutes)
● Maturation: 60 blocks
● Difficulty Adjustment Algorithm: Monero DAA
● Genesis block: 2018-11-16 (November 16, 2018) at 09:06:03 (UTC)

● Premine: No
● Developer fee: No
● Founders reward: No
● ICO: No




[Website]

https://swap.fyi/



[Github]

https://github.com/swap-dev/swap



[Block Explorer]

https://swap.coinscope.cc/
https://swap.coinscope.cc/api/emission (Current emission details)



[Social Media / Discussion Group]

Reddit: https://www.reddit.com/r/SwapProject/
Twitter: https://twitter.com/_realSwap
Discord: https://discord.gg/egc4md9
Facebook: https://www.facebook.com/swapproject/
Telegram: https://t.me/swapxwp
Instagram: https://www.instagram.com/swap.coin/
QQ: 690114865 (Chinese)



For more details, links and information, please, check the Swap Announcement thread:

[Swap Announcement Thread]

https://bitcointalk.org/index.php?topic=5083455

[Swap Announcement Translations]

EspaŮol (Spanish): https://bitcointalk.org/index.php?topic=5129181
PortuguÍs (Portuguese): https://bitcointalk.org/index.php?topic=5129167
中文 (Chinese): https://bitcointalk.org/index.php?topic=5129558



[Donation Address for Bounty, Airdrop, and Development]

Code:
fh2jc6PbQYd4a5PY3ooPMZiPVniMy4MGcjSRBnoBVc1xLmdCHJ6hc98Ess2hpN2mDgPnCAXtDUUbmjWYutRvdoSr2Nps2o5wc

Private View key:
Code:
84a6ac951dccea8aa5c23127f9e69bd71222d64c0b560bbec49a6e6c01df1205


*Pool SVG icon frame designed by Freepik from www.flaticon.com*
4  Other / Serious discussion / An appeal about altcoins... on: April 21, 2019, 11:32:55 AM
I would like just to get something out of my chest. Just speak some words about the current state of the crypto currencies, the projects, and some things more. Probably many (possibly the majority of the active users in the "Altcoins" section) would feel struck by these words, many would not agree, many could refute with other arguments, but whatever, it's just a personal appeal for everyone, even if nobody agrees/cares.

We see that most of the thousands of crypto projects there have some kind of "self-funding" way. It can be a premine (sometimes really large ones), a governance/developer fee (a considerable high percentage in almost all the cases), even something called "founders rewards" in some cases. All of this with the excuse to "cover the costs" of the project... right? But let's think... Are those costs so expensive a the point that they need such high percentage of all the supply just to fund themselves and maintain their project? Or it's just an excuse to retain such value to themselves? And why are there few community projects able to maintain themselves without such self-funding ways, but with voluntary work and donations, like Bitcoin has been doing for a decade? I understant it was the first mover, the pioneer, but it survived for all those long 10 years without needing any of this. Now, imagine if Bitcoin had some developer fee like 10% of all what is mined. Seems ridiculous, an unjustifiably high value, right? But many altcoins have values like that, or even higher. But anyway, how about some (few) altcoins that are doing very well without any of this for years already?

So, I really can't see a reason for it. Is self-funding REALLY necessary? I don't think so. But wait, now, there's an even better way: Make an ICO. Just issue millions, dozens of millions of tokens without any utility at all, sell half of it (or even less) with lots of promises, lots of "forced" use cases, and, of course, a shiny "white paper" (which is, in most of the cases, just a slides show compressed to a PDF file with promises, lots of "blah blah blah", a fancy style and some specifications, not what a TRUE white paper is intended to be: a strictly and rigorously formatted document with a solution for a true problem or proposing a new protocol, scientifically proving it).

That's what most of the projects are today. That's what crypto has become. Sometimes it seems that it was completely diverted from its initial objectives. Few legit and good projects are an exception of this, and they keep doing very well (obviously I'll not mention any other project there besides Bitcoin, the most legit of all in my honest opinion); but, unfortunately, I've just described the majority of the altcoins. And this thing only keeps happening because others support them. Others invest on them. And some consequences come with this, specially regarding the exchanges (I'll explain that later).

Please, don't take me bad, I can't just generalize and say that EVERY altcoin that can be related to what I've said is like that. I know that few (really few ones) have some good intentions (maybe), and had some kind of pre sale, or even a really small percentage of funding to cover real costs, like huge development teams working and dedicating full-time at it. But they are really few ones, so, I'll speak about the other ones, the majority.

Finally, there are some appeals I would like to make to specific groups...

An appeal to the investors

I know that most of the people actually are in the game just for the money. Understandable. They're investors after all. But unfortunately, it means that most of them don't care about the project itself at all, neither it's philosophy, the principles behind it, the community, how the project started, who's behind it... and many other important aspects. They just throw their money at something, and expect the huge profits that crypto can sometimes provide without making any research, not about the project itself, neither on how crypto works, or for what crypto was made in the first place. Zero research. Zero understanding of the philosophy behind the cryptocurrencies. And in this proccess, many of those projects get pumped, and then, their teams (some intentional scammers) fill their pockets with their really huge "share" of their project. Sometimes the investor even gets scammed in the end.

Nothing against the project's creators and devs having some coins that they legitimately mined/bought, but not if they earned it "from nothing" or from forced means. If investors want to get some returns, it's possible to have them with good and legit projects. It's possible at the same time you help crypto with what it was intended to be. Stop pumping shit and easily enriching possible scammers. A little of research and knowledge about the philosophy behind cryptocurrencies is welcome.

An appeal to the exchanges

We see that most of the exchanges today are always charging fees (some really large ones, depending on the exchange) to list any new coin in their trading system. Is understandable that exchanges have expenses, it's normal. Expenses with servers, expenses with technicians, expenses with maintenance, expenses with security (something very critical and crucial in crypto), and whatever else what costs resources to maintain. But this practice is a major influencer for the state that crypto is today (if not the biggest one). THAT is maybe the biggest excuse that teams behind projects give when adopting a self-funding way and retaining a huge percentage of their coin supplies, or making an ICO to raise funds. Also, in most of the cases, I just don't see a reason for such high listing fees for any projects. Exchanges are a fundamental part of the Bitcoin/Altcoin ecosystem (for now), and are intended to make profits and maintain themselves with trading/withdrawal/deposit fees, and nothing more. I see many exchanges that have NEVER charged ANY listing fee, and are working well for a long time (some for years without any security issue or decreased performance and efficiency). But now, they are a minority part of all the existing exchanges.

By charging such huge listing fees (in my opinion, just for profits largely, not just to cover costs), it creates the sentiment that it's impossible for new coins, the "legit" and good intentioned ones without any self-funding, to have one place to be bought or traded. It creates the sentiment that you MUST have a self-funding way to be able to have a decent working project with enought liquidity in the market.

You can think: But if a project is good enough and legit, it certainly will be able to maintain itself by community engagement, donations and voluntary work, right? I agree. But this take a really long time. Maybe years in the current state of crypto, while we keep seeing scams and not so legit projects "succeeding" in the markets, something facilitated and catalyzed by all what I said so far. If things regarding this aspect were better, the good projects that wants to keep existing according to the initial concepts of a cryptocurrency wouldn't take so long to reach a legit and decent self-sustaining state that doesn't defy the philosophy behind crypto. So, maybe it's time to start to look better at what the exchanges list in their trading systems, and give a chance for the truly good projects.

And finally, an appeal to the community

If you're in the game, either just for the money or not only for the money, if you're willing to give your time to support other projects than Bitcoin, do it fairly at least. Don't spend your time with projects on which is obvious the intention of not providing anything useful but uniquely enriching their creators. This only harms crypto in general, damages all the ecosystem and completely detract the initial puproses of why crypto was made for. Crypto was made FROM the community FOR the community. Crypto wasn't made to have a centralising team of few ones behind it retaining and controlling such big amounts for no reason at all.

Stop wasting your time with them.

Stop supporting them.

Stop enriching them.

Stop f*****g up crypto.

I hope everybody understands my points at least, even if I'm wrong at some parts, and sorry if I was disrespectful in any way.

Peace.
5  Local / Criptomoedas Alternativas / deletado on: March 28, 2019, 02:48:38 AM
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