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

[Gabriel Eiger]

Thanks for all the efforts. After the trimming, can we still use the BTC blockchain to send/receive with bitcoin Core?

As Greydon already mentioned - yes, you should be able to perform those functions still!

[jackyrozario]

Downloaded the latest wallet installer but it's not syncing.

Please help me.

[GreydonIselmoe]

Downloaded the latest wallet installer but it's not syncing.

Please help me.

What OS and what error are you getting from the debug log?

[Gabriel Eiger]

Downloaded the latest wallet installer but it's not syncing.

Please help me.

Yes, could you please give us some info on what problems you are experiencing?

There are a bunch of instructions here that might help you as well:
http://credits-currency.org/viewforum.php?f=18

[Gabriel Eiger]

Final results from tests of next release

Working dir size before trimming, approximately 45GB
Working dir size after trimming, approximately 7.7GB!

A new version of Credits will be released tomorrow, with blockchain shrinking added and enabled by default.

Announcement will be made here as soon as the release is done.

[peaseniz]

Awesome news I can't wait hopefully the trimming will bring more new users onto the Credits train. keep up the awesome work Gabriel

[GreydonIselmoe]

Awesome news I can't wait hopefully the trimming will bring more new users onto the Credits train. keep up the awesome work Gabriel

Agreed! I'm super pumped! It will also give exchanges an easier time trying to list us, as they don't need an additional 48 GB of space

Regardless, I'm trying to set up BTC deposits for CRE on creditsdice.com, which is technically a mini-exchange, where you can't place orders however. I think gabriel is working on setting up a third party exchange while we wait for bittrex.com and ccex and poloniex to respond!

[kolloh]

Wow! That is a big improvement in reducing the space required. Good work.

[tampazeus]

Wow! That is a big improvement in reducing the space required. Good work.

yeah, I was super stoked when I just caught up and noticed. This coin is going to moon soon.
I can feel it.
Can any of you?

Also, my wallet seems to be running a tad slow, anyone else having the same issues?

[lacomepollos]

News for exchange?

[Gabriel Eiger]

Wow! That is a big improvement in reducing the space required. Good work.

yeah, I was super stoked when I just caught up and noticed. This coin is going to moon soon.
I can feel it.
Can any of you?

Also, my wallet seems to be running a tad slow, anyone else having the same issues?

Slow in what sense? Could you give some example?

[Gabriel Eiger]

News for exchange?

Exchanges have been contacted. Awaiting responses.

[Gabriel Eiger]

Build of version 0.9.1.60 is ongoing. More info will be added as soon as it is released.

[Gabriel Eiger]

Version 0.9.1.60 of Credits client released. Major update, shrinking working dir to 7.7GB!

A new release of the Credits client is out now. This version is a major refactoring that will trim the working dir to a fraction of the previous size.

Updates in this release:
- Version number bumped to *.60.
- Further stability improvements have been done  to address the problematic "claim tip" error.
  The working directory bitcoin_chainstatecla will be merged with the credits_chainstate directory.
  This change requires a reindex of the working directory, or downloading an up to date
  version of the working directory from a torrent.
- The Bitcoin blockchain will be trimmed once all Bitcoin blocks have been parsed. This will save
  a substantial amount of space on disk, the working directory will be approximately 7.7GB instead of 45GB.
- Continued renaming of internal code base from Bitcredit to Credits.

--------------------------------

How to Upgrade
NOTE! Starting with version 0.9.1.60 the Bitcoin block chain will be trimmed to preserve
spaces, unless the option bitcoin_trimblockfiles has been set to 0. If a reindex
is done, or initialization done from a clean install, the download process will require 22GB
free on disk, which shrinks to about 7.7GB when the syncing of the working directory has finished.

NOTE 2! If you are upgrading from a version of Credits that is lower than 0.9.1.51, the
working directory could still be called Bitcredit or .bitcredit, depending on operating
system. You have to rename the directory yourself.

The default working directories are:
For Windows: C:/Users/<user home directory>/AppData/Roaming/Bitcredit
For Ubuntu/Linux: <user home directory>/.bitcredit
For Mac: /Users/<user home directory>/Library/Application Support/Bitcredit

And should be renamed to:
For Windows: C:/Users/<user home directory>/AppData/Roaming/Credits
For Ubuntu/Linux: <user home directory>/.credits
For Mac: /Users/<user home directory>/Library/Application Support/Credits

If you are running an older version, shut it down. Wait until it has completely
shut down (which might take a few minutes for older versions), then run the
installer (on Windows) or just copy over /Applications/Credits-Qt (on Mac) or
creditsd/credits-qt (on Linux).

!!!BEFORE YOU START THE WALLET, MAKE SURE TO MAKE BACKUP COPIES OF THE FILES CREDITS_WALLET.DAT
AND BITCOIN_WALLET.DAT, IF YOU HAVE A PREVIOUS INSTALLATION.!!!

Once installation is done, we highly recommend you to bootstrap the blockchain download and sync by downloading an up to date working directory:
Quick initialisation from torrent file

--------------------------------

Downloads can be found at:
http://credits-currency.org/viewforum.php?f=5

Getting started instructions can be found at:
http://credits-currency.org/viewforum.php?f=18

[Adderral]

Does this coin have features that actually use a sidechain?

[Gabriel Eiger]

Does this coin have features that actually use a sidechain?

Could you explain what you mean by "use a sidechain"? The coin is an assymetric one-way peg as described in section 3.3 in the blockstream white paper http://www.blockstream.com/sidechains.pdf.

Two way pegging can be implemented in Credits, but the value proposition for such an implementation is not high enough yet.

Any other type of sidechaining from Bitcoin is impossible without substantial updates to the Bitcoin protocol.

[GreydonIselmoe]

Finally! My working directory is no longer over 9000 GB. This should hopefully get third party exchanges more willing to get our client and list us though All is on the up and up for CRE! All board!

Note: So far I haven't had any issues with the new wallet, but will post here if I have any troubles!

[Gabriel Eiger]

First reward adjustment coming very soon!

The very first reward adjustment will happen in about 30 blocks! The reward will update from 40 CRE per block to 45 CRE per block!

Get your miners started if you don't have them running already. We are on the lower side of the S-curve, and the mining reward will continue to rise in the coming months and years!

[Gabriel Eiger]

Repost that version version 0.9.1.60 of Credits client has been released in case you didn't see it earlier in this thread. Major update, shrinking working dir to 7.7GB!

See post a few replies above this one.

[MRKLYE]

First reward adjustment coming very soon!

The very first reward adjustment will happen in about 30 blocks! The reward will update from 40 CRE per block to 45 CRE per block!

Get your miners started if you don't have them running already. We are on the lower side of the S-curve, and the mining reward will continue to rise in the coming months and years!

Extremely exciting news! The block reward update and the new improved client harddrive footprint are great for the Credits project!
Rumor has it a new website might be going up as well for an easy way to get ahold of Credits information and services.