Latest posts of: WhitecoinFoundation

Show Posts
Pages: [1]

Alternate cryptocurrencies / Mining (Altcoins) / The New WhiteCoin and It's RPOS Mining Governance

on: November 26, 2019, 06:14:28 AM

After running and testing the project for 5 years, in July 2019, after two critical meetings, WhiteCoin community officially voted to upgrade the POS3.0 main chain to a RPOS based cross chain project, and formally renamed the main chain based on POS3.0 mechanism to XWCC, and the cross chain project based on RPOS to XWC. RPOS mining is mining by voting. Miners on the XWC chain can get the opportunity of independently mining blocks and earn rewards by voted asset weight. After registration, miners can mine on PC terminals, but can't mine through mobile phone terminals. However, users on the mobile phone terminals can choose to vote for any miner to mine, and get a certain dividend income calculated according to the pledge proportion and miner's fee percentage. 1. Register an Account Only registered users can participate in mining. Registration requires a handling fee of 10XWC. 2. Select miner To vote, a miner must be selected first, which can be comprehensively considered according to the factors such as miner’s fee percentage, voting weight, number of missed blocks, etc. The fee percentage represents the percentage of mining revenue collected by miner, which is deducted from the total income before it’s distributed to the voting users. The voting weight indicates that the higher proportion of the total assets voted to one miner, the greater the probability of getting blocks, but also means that participating users may receive less revenue. You can select a miner and click “Expend” to see more information, or click “Expand All” to see details on all miners. You can also search for specific miner information to vote through the "Search" button in the upper right corner. 3. Currency and quantity of voting XWC and any assets stored on the XWC chain (BTC, LTC, ETH) can be used for voting, by any quantity. If a user votes with BTC, the voted asset will be converted into XWC weight with the BTC/XWC ratio, then add to the miner’s total weight. 4. Addition and Redemption Each voting record can be added or redeemed at any time. Users can continue to vote assets for the same miner again. They can choose the currency voted with before or change to other currencies currently supported through XWC chain. When redeeming, only the currency type which was voted with can be redeemed, and the quantity is self-determined. 5. Drawing Income The assets voted by users will earn certain amount of dividend income in return, which is calculated with the factors such as the amount of blocks the miner mined, miner’s voting weight, miner’s fee percentage, and others. A minimum income must be reached before it can be claimed, and a small amount of XWC will be deducted as the handling fee.

Alternate cryptocurrencies / Announcements (Altcoins) / Whitecoin Starts Swap Process On October 10

on: November 19, 2019, 08:37:56 AM

As of October 10, 2019, Whitecoin will usher in a new era. Whitecoin, more than five years old, will bring a warm current to the cold market. Let’s take a look at the details of the swap and get involved quickly! Swap Time Whitecoin will initiate swap of XWCC toward XWC at 18:00 October 10, 2019 (GMT) 10:00 (HK time) 6:00 (NY time). The entire swap cycle will last for six months. When all swap are completed or the deadline arrives, the swap process will be terminated. Swap Channel All community users who participate in Whitecoin Ecology and those who are interested in cross-chain ecology of blockchain can participate through the official website: www.whitecoin.info. Make sure that you have old XWC (XWCC) assets to participate in the swap for this event is for XWCC holders only. If you don’t have XWCC, you can purchase from relevant digital asset trading platforms, such as zb.com, xt.com, bw.com, Lbank, Funcoin, etc. Swap Rules Swap method: The total amount of whitecoin currently issued is 250 million, of which 50 million will be swaped toward XWCC holders, and the remaining 200 million will be swapped through combination of ETH with old whitecoins. Swap ratio: Within the 50 million XWC allocated for swap, XWCC will be converted at a ratio of 4:1, and the XWCC + ETH combination will be converted at a ratio of 1:3. Swap Plan Pay XWCC Get XWC Each XWC Need ETH Each XWC Cost XWCC swap with XWC 4 1 0 About 0.085USDT Swap with XWCC+ETH（swap at first month） 1 3 0.000748130 About 0.0634USDT Swap with XWCC+ETH（swap at second month） 1 3 0.000897756 About 0.07183USDT Swap with XWCC+ETH（swap at 3-6 month） 1 3 0.001346633 About 0.08028USDT The ETH ratio shown on the exemplary chart above assumes that ETH price is fixed at 169 USDT. Through the swap, the actual amount of ETH obtained will fluctuate with the price of XWCC and ETH. Swap Lock-in Mechanism: After swap, you can freely choose whether to lock or not. Participation in the Locking Program of New Whitecoin will not only benefit from locking reward, but also benefit from mining. Six-month lock-in will receive an additional reward of 10% of the locked amount, and twelve-month lock-in will receive an additional reward of 25% of the locked amount. All asset locked in will participate in the mining, and all the proceeds from the mining will be returned to participants. Swap plan Each XWC Cost Cost after 6-months locked Cost after 12-months locked XWCC swap with XWC About 0.085USDT 0.07727 USDT 0.061816USDT Swap with XWCC+ETH（swap at first month） About 0.0634USDT 0.057636 USDT 0.05072 USDT Swap with XWCC+ETH（swap at second month） About 0.07183USDT 0.0653 USDT 0.057464USDT Swap with XWCC+ETH（swap at 3-6 month） About 0.08028USDT 0.07298 USDT 0.064224USDT The average annual mining income for lock-in program participants is expected to be over 30%. Swap Follow-Up Exchange Issues: After the beginning of the swap, the exchange will gradually open the main chain switching. Mainstream exchanges such as ZB.COM are expected to launch new XWC transactions one week after the opening of the swap, and other exchanges will gradually switch over. XWCC’s trading will gradually delisted from exchanges, and at least one or two exchanges have confirmed to support XWC and XWCC’s simultaneous trading. Wallet: Whitecoin’s POS 3.0-based Windows, Mac and Ubuntu wallets can continue to be used. Official team will continue to maintain upgrades to the main chains and wallets until the swap is complete. Coinomi and other mobile wallet will allow XWC and XWCC to coexist for for a while, then XWCC will be delisted. Mining: After the swap is completed, all XWC holders can mine by downloading the official wallet. As Whitecoin’s mining revenue decreases year by year, the earlier the participation, the higher the revenue. At the same time, cross-chain assets such as BTC, LTC and ETH can also participate in mining. The distribution mechanism of new Whitecoin mining is as follows: Year Block Height Number of Blocks Block rewards Total 1 0 5256000 18 94608000 2 10512000 5256000 10 52560000 3 15768000 5256000 5 26280000 4 21024000 5256000 3 15768000 5 26280000 5256000 2 10512000 　 26280000 199728000 Whitecoin’s new main chain was launched on September 21, 2019. At present, all miners are official nodes. After the swap is opened, all XWC holders can register as miners or mortgage to the official miners for mining. With the gradual addition of miners from the Whitecoin ecosystem, the official miners will gradually exit. All the profits of the official miners will be locked in Whitecoin Foundation and returned to the community later. Miner: Whitecoin’s POS 3.0 based miners will continue to mine until the Swap is complete. The new RPOS based Whitecoin main chain will adopt the pledge mining model, which is not supported by the original POS 3.0 miner. Whitecoin’s new era has begun. Let’s join hands to create autonomous communities.

Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] (XWC) | WhiteCoin | NEWS: Foundation, investors, WhiteOS ☯ whitecoin.info

on: September 30, 2014, 03:50:51 PM

Latest Version: 2.5.2.0

WhiteCoin continues to evolve from its early days when it was originally created by a developer that only wanted to cash in to where it has flourished to become more than just a coin, WhiteCoin has grown into a truly innovative community consisting of Developers and Private Business Investors.

While available to everyone, WhiteCoin is driven by a dedicated community of supporters yet controlled by no one single individual. This attractive combination will help ensure stability, growth, and compelling technological developments.

WEBSITE - BLOG

TWITTER - REDDIT

Block Time Target: 60 Seconds
Difficulty Retarget: every block
Confirmations on Transactions: 10
Confirmations on Mined Blocks: 121
Coinbase Maturity: 120 blocks
Fees: Minimum transaction fee of 0.0001 WC
PoS Reward per block: 2 XWC
Current Coin Supply: 313.000.000 XWC
Port 15814 / RPC Port 15815

Features:

Unique design
Easy to use interface
Create XWC accounts
Multilanguage
Built in block-explorer
Network statistics
Manage your contacts
Windows / Mac / Linux

Bootstrap

What is bootstrap.dat
bootstrap.dat allows a new Whitecoin client (not synced) to rapidly import the initial blocks from a local file instead of slowly downloading blocks from random peers. This significantly reduces the time it takes to get a client synced with the current blockchain.
Simply having bootstrap.dat in Whitecoin's expected data directory will make your initial block sync much faster. The import process can be even faster if you use the -dbcache=1000 command line parameter which uses an additional 1GB of RAM for the database index cache.

How this works

Download bootstrap.tgz from http://explorer.whitecoin.info/bootstrap/
Verify the integrity of bootstrap.tgz with the checksums.
Decompress to obtain bootstrap.dat.
Put it into the Whitecoin datadir. This is the same folder that contains wallet.dat and the blocks folder. or run the wallet with "whitecoin-qt.exe -loadblock=c:\path_to\bootstrap.dat"
Delete bootstrap.dat.old if you want to recover some storage space.


	Windows		Mac		Ubuntu		Github

WhiteOS utilizes a custom, optimized and hardened Ubuntu environment based on the latest version 14.04LTS. WhiteOS is a secure and portable operating system that anyone with a PC or laptop will be able to use. Because the OS and Wallet data files are stored on a USB, you effectively have true cold storage, and your coins will follow you wherever you go.

BUILT IN ANONYMITY - One of the most unique features of this secure environment is that the wallet and browsers are redirected through a TOR proxy to ensure anonymity and privacy (this runs locally by default). When you unplug your USB stick no trace is left on the host PC.

A special thank to all the private and public beta-testers (some who wished to remain anonymous)!!! We have fixed many bugs that I would not have found on my own system.

We are dedicated to make WhiteOS as feature rich and secure as possible. Continued development on some really nice and unique features is under way and will be released in future versions.

What happens after the release of WhiteOS, we have some really nice unique ideas that we are willing to implement in future versions of WhiteOS, so we continue to develop on WhiteOS as a good and secure and portable OS. Once the release of WhiteOS is succesfull more features will be added

Video preview:

Screenshots:

Download:
WhiteOS_0.2.3_x86_live.iso 1.10 GB - Mirror 1 (mega)
WhiteOS_0.2.7_x64_live.iso 1.27 GB - Mirror 1 (mega)

You can find more information and a small HOWTO here

Update your previous WhiteOS versions with the latest wallet

Open your terminal and copy paste the following lines one by one

[/list][/list]

Code:

cd ~
wget -q -O ~/whiteos_update_wallet.sh https://raw.githubusercontent.com/Oizopower/WhiteOS-update/master/update_latest_wallet.sh
sudo chmod +x whiteos_update_wallet.sh
sudo ./whiteos_update_wallet.sh

Options to install:

On USB so it's portable (main idea and easiest)
Under windows (VMWare/Virtualbox (make sure to use PAE)/Hyper-V) (easy)
Dual-boot next to windows (advanced)

WhiteOS comes with a backup tool to remotely backup your wallet and home dir. You can either backup using FTP / SSH / Windows Share or other drives. Just look under settings and make sure to create backups.

Caution:
IF YOU ARE INSTALLING WHITEOS ON TO YOUR MAIN PC, ENSURE YOU DO NOT OVERWRITE YOUR PRIMARY OS... IF YOU DON'T KNOW HOW TO DO THIS, THEN WE HIGHLY RECOMMEND YOU FOLLOW THE USB OR VM INSTRUCTIONS TO ENSURE THAT YOUR MAIN OS REMAINS SAFE

WhiteNode - OTB Whitecoin Node for RasPi 2 and RasPi 3

WhiteNode comes with an official Raspbian (stretch) customized image. This allows you to run the Whitecoin daemon out of the box with minimum efforts.
This way users can help strengthen the network and make it easy for users to stake coins on an energy efficient device.
The source compiling scripts are on our Github located here, this allowed users to create their own custom image if needed. Or for other developers to customize them for their own coin.

Where to download ?

WhiteNode can be downloaded from our website or github.

How to use it?

Unzip the image and install it to an SD card like any other Raspberry Pi image
Configure your WiFi by editing whitenode-wpa-supplicant.txt on the root of the flashed card when using it like a flash drive in windows.
Boot the Pi from the SD card
Log into your Pi via SSH (it is located at whitenode.local if your computer supports bonjour or the IP address assigned by your router), default username is "pi", default password is "raspberry", change the password using the passwd command and or in the raspi-config (sudo raspi-config).

How to burn the image to an SD card?

Download Etcher from https://etcher.io/ and follow the steps to burn it.