[ANN] HIVE POW/POS | HIVE Algo | No Premine | CPU mining | Takeover |ReLaunched

[HIVE Takeover]

HIVE

GPU/ASIC Resistant

Please note, this is a total relaunch and takeover of the coin, no virus no shit, make sure to remove the old hive blockchain folder and wallet if any.

The new Hive proof-of-work mining algorithm is a combination chain of shabal, blake, keccak along with the Pomelo Password Hashing Algorithm.[whitepaper]


* Features

  Hive Algorithm:

• Efficiency through large memory usage.
• Proficient against low memory attacks.
• Strong against cache timing attacks.
• Geared against strong attacks by GPU usage.
• ASIC or FPGA attacks resistant .

  Schnorr Signature Validation:
  Principal Investigator: Patrick Strateman

  Instead of DER-encoded ECDSA signatures over the secp256k1 curve, the CHECKSIG and related operators now use densely packed Schnorr signatures over the same curve.
   The advantages are:

• Efficient threshold signatures for n-of-n. Multiple Schnorr signatures can be combined to end up with a signature valid for the sum of the public keys, so arbitrarily large n-of-n multisig can be done by only communicating the single sum signature, which can be verified with a single CHECKSIG operation.
• Smaller signatures (64 bytes instead of 71-72) with none of the problems that DER encodings have caused for Bitcoin. Potential support for batch validation (up to a factor 2 speedup to verify groups of 32 signatures at once). This requires knowing the R.y coordinate (ECDSA ignores this) and at the script level, guaranteeing that all signature verification failure results in script failure (i.e., all CHECKSIG operators behave like CHECKSIGVERIFY). Stronger security proof.
• Provably no inherent signature malleability, while ECDSA has a known malleability, and lacks a proof that no other forms exist.
• Slightly faster to sign/verify than ECDSA.

* Hive Distribution

  PoW

• 1,000,000 HIVE for the first 10,000 PoW blocks with 100 HIVE each being mined during the first week followed by 1 HIVE PoW rewards indefinitely.
• Block time is 60 seconds.
• Difficulty re-target is 60 Minutes.

  PoS

• 200,000 HIVE for the first 20,000 PoS blocks with 10 HIVE being staked during the first two weeks followed by 1 HIVE PoS rewards indefinitely.
• Stake minimum age is 4 hours.

* Wallet
  Windows
  https://bitbucket.org/HIVEcryptocoin/hive/downloads/hive-qt.zip
  Source
  https://bitbucket.org/HIVEcryptocoin/hive

Code:

addnode=45.32.239.226

* Mining

 CPU-miner: https://bitbucket.org/HIVEcryptocoin/cpuminer-hive

  Mining Pool

* Roadmap
   TBA

[Sir_Astral]

wrong link... no access to source

[ZonedOutSpace]

So you did an audit on the code for exploits?

[HIVE Takeover]

So you did an audit on the code for exploits?

Yes, and everything is clean now.

[Sir_Astral]

All orphans 

[badam]

Unfortunately the same slow block download times

[Sir_Astral]

few confirmed

[HIVE Takeover]

Unfortunately the same slow block download times

Its normal because the starting diff is very low for this algo that why on the start there will be too many orphans until the blockchain correct to the highest chain.

[badam]

Unfortunately the same slow block download times

Its normal because the starting diff is very low for this algo that why on the start there will be too many orphans until the blockchain correct to the highest chain.

it is normal to a point but with 3 connections 1 bloc/ second is very low. this should be tweaked if the coin  reaches some popularity there is something wrong with the block broadcasting time

[Sir_Astral]

So is it totally GPU resistance  

[badam]

So is it totally GPU resistance 

for now...

[Sir_Astral]

01:23:22

getblockhash 250


01:23:22

ce44353c2c180314215040a666bf26f8b319ca0553ad0b50ecfe6ec70943aea6

[HIVE Takeover]

I'm working on a stand-alone CPU miner, will upload shortly. hopefully we get some pools.

[Sir_Astral]

I'm working on a stand-alone CPU miner, will upload shortly. hopefully we get some pools.

Great! Will turn on my dad's PC too 

[Wheatclove]

Why are you relaunching this?

[badam]

Why are you relaunching this?

coz the other one was a virus

[Sir_Astral]

Why are you relaunching this?

To test new algo I guess... 

[jimlite]

F this coin. I lost an entire day restoring backups on rigs for this crap trojan coin. Why bother? Let it die already.

[dbt1033]

Already hit 7 blocks on amd fx-9590

Having fun with this one

edit:  just hit number 8

[Sir_Astral]

diff is for pool now.... miner