CREDITS [CRE] | SHA256 | SIDECHAIN | NEW BLOCK-DEPOSIT FEATURE | OFFICIAL THREAD

[Gabriel Eiger]

CREDITS BLOCK EXPLORER IS NOW LIVE!


Check it out at creditchain.org !

We are still working on completing functionality. Here is a list of known bugs:

• Transaction data is not shown (amount, outputs etc), transactions can't be searched
• Address lookup shows '0' for all fields.

Other than that, you can explore blocks and check block times at will!

Great work Greydon!

[-Greed-]

@Gabriel Eiger
Are going to release a whitepaper? I wonder how PoD works.

[GreydonIselmoe]

@Gabriel Eiger
Are going to release a whitepaper? I wonder how PoD works.

http://credits-currency.org/viewtopic.php?f=24&t=755

That thread describes PoD! If you have any questions feel free to ask

[barabeku]

How to mine directly to a single address?
i have some cpu in different location.

[GreydonIselmoe]

How to mine directly to a single address?
i have some cpu in different location.

I'm not entirely sure you can, probably to prevent botnet farms. You'd have to use multiple wallets I'm pretty sure, one wallet for each miner.

(Gabriel correct me if I'm wrong)

[Kaenguru]

From the speed you have (700 000 mhash/s) I would say it could take quite a while. Probably several days. Someone mining with 7 Mhash/s could get 1-5 blocks a day. With 0,7 Mhash/s, it's only one tenth of that.

Thats my rate with setgenerate true -1

[Cinnob0n]

From the speed you have (700 000 mhash/s) I would say it could take quite a while. Probably several days. Someone mining with 7 Mhash/s could get 1-5 blocks a day. With 0,7 Mhash/s, it's only one tenth of that.

Thats my rate with setgenerate true -1

Mining at 7 Mh/s I find a block about every hour or two. It may take you anywhere from 5 hours to several days for you to find a block. Maybe ask a miner for a loan of Creditcoins? Your difficulty would increase if you don't have any credits to deposit with.

[Gabriel Eiger]

@Gabriel Eiger
Are going to release a whitepaper? I wonder how PoD works.

As Greydon wrote, you can find some info on the forum:
http://credits-currency.org/viewtopic.php?f=24&t=510
http://credits-currency.org/viewtopic.php?f=18&t=24
http://credits-currency.org/viewtopic.php?f=24&t=755

Any miner can use the reward for each block as a deposit, if they don't have any themselves. The mining software built into the client takes care of this automatically for you. The possibility to add the reward as deposit means that the coin in practical terms will function as a pure proof-of-work coin up until somewhere around block 33 000 when the deposit requirement will be bigger than the reward. At that point in time, difficulty will gradually increase for those who do not have enough deposits.

[Gabriel Eiger]

From the speed you have (700 000 mhash/s) I would say it could take quite a while. Probably several days. Someone mining with 7 Mhash/s could get 1-5 blocks a day. With 0,7 Mhash/s, it's only one tenth of that.

Thats my rate with setgenerate true -1

Mining at 7 Mh/s I find a block about every hour or two. It may take you anywhere from 5 hours to several days for you to find a block. Maybe ask a miner for a loan of Creditcoins? Your difficulty would increase if you don't have any credits to deposit with.

See my previous reply above regarding deposits.

Just want to make it clear that up until somewhere around block 33 000 all miners will be able to provide enough deposits by using the reward for the block as deposit. This is taken care of automatically by the miner.

[Gabriel Eiger]

How to mine directly to a single address?
i have some cpu in different location.

For the moment the built in miner assigns new addresses for each block from the wallet where the client is running.

You could take a copy of an encrypted wallet and distribute to all miners. That way you will be guaranteed that the addresses assigned will be only the range of addresses that are in that specific wallet. As long as you do not unlock the decrypted wallet, the keypool will not refill.

There are however, for the moment no way set a fixed address to where the reward is sent. It's easy to modify the code to do that, though.

[barabeku]

How to mine directly to a single address?
i have some cpu in different location.

For the moment the built in miner assigns new addresses for each block from the wallet where the client is running.

You could take a copy of an encrypted wallet and distribute to all miners. That way you will be guaranteed that the addresses assigned will be only the range of addresses that are in that specific wallet. As long as you do not unlock the decrypted wallet, the keypool will not refill.

There are however, for the moment no way set a fixed address to where the reward is sent. It's easy to modify the code to do that, though.

I see, try it later.
Thank you

[GreydonIselmoe]

CREDITS BLOCK EXPLORER IS NOW LIVE!


Check it out at creditchain.org !

We are still working on completing functionality. Here is a list of known bugs:

• Transaction data is not shown (amount, outputs etc), transactions can't be searched
• Address lookup shows '0' for all fields.

Other than that, you can explore blocks and check block times at will!

Looks great!

Thanks! Still working out those couples bugs, as well as the default currency showing BTC (even though BTC is not an option from the drop-down menu)

[striker7334 2.0]

Found my first block finally yay! KLYE I can send you that 10 CRE back once it it has enough confirmations whats your CRE address?

[GreydonIselmoe]

Found my first block finally yay! KLYE I can send you that 10 CRE back once it it has enough confirmations whats your CRE address?

I think the 10 CRE was a gift, striker!

Congratulations on your first block

[striker7334 2.0]

Found my first block finally yay! KLYE I can send you that 10 CRE back once it it has enough confirmations whats your CRE address?

I think the 10 CRE was a gift, striker!

Congratulations on your first block

It was but I lost it and he sent me 10 more lol and thank you!

[Cinnob0n]

Found my first block finally yay! KLYE I can send you that 10 CRE back once it it has enough confirmations whats your CRE address?

I think the 10 CRE was a gift, striker!

Congratulations on your first block

It was but I lost it and he sent me 10 more lol and thank you!

How did you lose the first 10 credits?

[striker7334 2.0]

Found my first block finally yay! KLYE I can send you that 10 CRE back once it it has enough confirmations whats your CRE address?

I think the 10 CRE was a gift, striker!

Congratulations on your first block

It was but I lost it and he sent me 10 more lol and thank you!

How did you lose the first 10 credits?

I had some client issues with syncing and I accidently deleted the file with the wallet.dat file in it and I ignored protocol and didn't back it up first when I got the client lol.

[GreydonIselmoe]

Found my first block finally yay! KLYE I can send you that 10 CRE back once it it has enough confirmations whats your CRE address?

I think the 10 CRE was a gift, striker!

Congratulations on your first block

It was but I lost it and he sent me 10 more lol and thank you!

How did you lose the first 10 credits?

I had some client issues with syncing and I accidently deleted the file with the wallet.dat file in it and I ignored protocol and didn't back it up first when I got the client lol.

Ahh, Cinno almost did the same and lost 1500+ CRE.

REMINDER: ALWAYS BACKUP YOUR WALLET!

[Markov]

How many have guys in their wallet?

I've about 5500, is it little or ok?

[MRKLYE]

How many have guys in their wallet?

I've about 5500, is it little or ok?

More than I have.

And yeah striker it's all good man. Keep it.