[ANN][LOC]UPDATE V1.4.5 OUT!! LOCO|Quark|PoW/PoS|HiPos|Masternodes|Tor[LOC][ANN]

[Nightz]

Ok so I have opened up Loco V1.4 and can confirm nobody can connect to me, Which is great news as thats how it should be at the moment with only me having v1.4.

Now we should remain on track as My wallet is now the main node for the network but I will be getting more up

[zdeni82]

Ok so I have opened up Loco V1.4 and can confirm nobody can connect to me, Which is great news as thats how it should be at the moment with only me having v1.4.

Now we should remain on track as My wallet is now the main node for the network but I will be getting more up

Congratulations and well done Nightz

[logocreator]

Loco new logo and Ann thread graphics are all ready!

MANDATORY Update Go2 v1.3 is ready,
Links are below & thanks for your cooperation









Ok this is my first official launch of a crypto currency as such, However I'm not here to tell you
I'm going to make you rich or the coin will because I just like you really do not know how this
will turn out until it has been out. I'm here to release this and see really how far I can go and
hopefully I get help from other's too even outside of bitcointalk. I do not know how you users
will react it could be great or bad again I do not know so please bare all I have said just in Mind.





Max Money: 1,000,000,000 coins

I Aim to have a Fast Network
I Aim to have a Stable Network
I Aim to have a Secure Network

I Aim to be Adopted with only changes to the code what are required, with 0 changes to rewards or
anything that could jeopardise this network and it's users

I see Loco being a one of a kind coin that we all have fun and pleasure from. I want a nice stable and fast coin that people can rely on that's the way to success in my opinion well that and making it easier for people to use/understand of course


I have set the block time to 1 minute as I have watched a few coins with certain specs for a while and feel a 1 minute block time should suffice to what I want it to for the network.



Name: Loco
Ticker: LOC
Type: Pow/Pos Hybrid forever
Algo: Quark

Checkpoint Span: 2,500 Blocks
DB Cache Size is set to 512 MB as Default

Stealth Addresses
Masternodes
Messaging




The minimum required confirmations for any Mined coins to be spent/used is 200 blocks

Block 1 = 10,000 LOC 10k dev funds to do as i wish ( I will pay some bounties but I will also

keep some

I have ensured Even tho I hold 10k I will not be mining and I've set the Pos reward to 0 until

block 5k

Block 2 - 1440 = 0 Per Block (Anti Instamine)
Block 1441 and after will remain at = 5 LOC




Proof of Stake is set to start at Block 1

The minimum Stake Age required for coins to stake is set to 6 hours.

The minimum required confirmations for any Staked coins to be spent/used is 200 blocks

Staking will now occur once the funds have been in the wallet for 6 hours and has 200 confirms

The Proof of Stake interest at which Loco is set:

Block    0 - 5000 = 0 coins Per block
Block 5001 - 7500 = 100,000 %
Block 7501 - 10,000 = 75,0000 %
Block 10,001 - 12,500 = 50,000 %
block 12,501 - 15,000 = 25,0000 %
Block 15,001 - 17,500 = 10,000 %
Block 17,501 - 20,000 = 5,000 %
block 20,001 - 22,500 = 2,500 %
Block 22,501 - 25,000 = 1,000 %
Block 25,001 - 30,000 = 500 %
Block 30,001 - 60,000 = 250%
Block 60,001 - 120,000 = 100%
block 120,001 Onwards is set to 50% Per Year

All % Based Proof Of Stake rewards are yearly based not daily



The Transaction Fee for Loco is set to 0.01 LOC

The Minimum Confirmations Required for a Transaction to be fully confirmed is 4 Blocks





Instantx signatures required is set to 10 blocks
Instantx signatures required total is set to 30 blocks




Masternode minimum confirmations is set to 10 blocks
Masternode Reward has been set to 50% of the Proof Of Stake reward

Masternodes are due to start on Fri, 13 May 2016 12:00:00 GMT that should

ensure that enough coins are circulated and we have gained ground first.

We would say the easiest way for this is if you use coin control to put that amount into one and

send it yourself and/or use an exchange to withdraw that amount to your address ie send 30,000

coins exactly to your masternode wallet.

Select the Masternode tab from the left hand side menu
Then select My Master Nodes
Then press create
Insert your alias name as requested
insert your ip address along with the port as requested ie 123.456.789.000:9999
Then press ok
You should now see a masternode on the list infront of you
copy the address to notepad or your preffered txt editor
Now press Get Config
copy/paste the Masternode Priv Key & your address and paste them into the masternode.conf below
send exactly 30,000 coins with the standard tx fee nothing more nothing less to the masternode

address you copied
wait for it to confirm in the blockchain
Now make sure you have opened your port in Firewall / router if you have one


Running Masternode

Way 1

Goto Masternode Tabs on the left hand menu
And press start


Way 2

Goto console in the debug window
Type masternode start

If you have an Encrypted wallet
Type masternode start PASSWORDHERE

To see the status of your masternode
Type masternode list


masternode.conf

Code:

maxconnections=100
rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=34574
gen=0
staking=0
listen=0
server=1
daemon=1
port=YOURPORTHERE
reservebalance=9999999
logtimestamps=1
masternodeaddr=YOURIP:YOURPORT
masternode=1
masternodeprivkey=YOURPRIVATEKEY

If you are still unsure then please see Starin's Guide here ->

http://mycrave.org/forums/index.php?threads/how-to-setup-a-masternode.3/




Loco required amount for Darksend Collateral is: 30,000
Loco required amount for Darksend fee: 0.01
Loco required amount for Darksend Pool Max: 3,000,000




source
https://github.com/LGLoco/Loco



windows
https://mega.nz/#!2pYhhK4B!xWc0Oa8YsYjZibAyXOx2NCSblohITF_ezbl3AywliZQ



linux
https://mega.nz/#!fxAHzZ6a!xBZg6SGuQhO_Qbl3lx3AKFoexDKe2WSDgsHuXqs2YrY



mac
https://mega.nz/#!D8wCFDDb!y3ATQdI2Add1yD1sSKjzK4-c6CPLJFEMsyaLmIT0Oe8


loco.conf

Code:

rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=34574
port=34575
listen=1
server=1
daemon=1
addnode=92.233.105.50

http://






1.
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BB Code for Ann: http://textuploader.com/5yet0

[Nightz]

That is fucking awesome mate  And just before v1.4 is released too 

[jc12345]

Nice, is 1.4 source ready?

[Nightz]

Nice, is 1.4 source ready?

Yes mate just about to build linux qt wallet then will release the wallets and update github

[logocreator]

i saw that u r about to release it, thats why ive need to be done before

[GREEDYJOHN]

i saw that u r about to release it, thats why ive need to be done before

Keep up the good work. Your LOGO will help to keep LOCO at a high price 

[zdeni82]

Best logo I ever seen 

[novaexchange]

i saw that u r about to release it, thats why ive need to be done before

Can you make a 256x256 still image of the same?

[jc12345]

i saw that u r about to release it, thats why ive need to be done before

Can you make a 256x256 still image of the same?

Bottom image in his post.

[Nightz]

i saw that u r about to release it, thats why ive need to be done before

Can you make a 256x256 still image of the same?

[novaexchange]

i saw that u r about to release it, thats why ive need to be done before

Can you make a 256x256 still image of the same?

Bottom image in his post.

I am so blind, probably need glasses, when i look again i so clearly see it. :-)

[Nightz]

Sorry for not releasing V1.4 yet I have been working on the shutdown for the wallet and as far as I can tell now once you close the wallet it will shutdown correctly

Will upload new wallets & source code very soon.

Thanks
Nightz

[Ayers]

the price it's also increase again, nicely, we can reach 10k if thigns are done right, after 1.4 version i think

[EasyTrade]

Knightz, you da man!!!  Thanks for all the efforts.

Let me get it straight.  Excuse me for using layman's term here.  Not a coder.

Plan is to keep current chain by introducing 1.4 qt, correct?  

So I should try to stick to Knightz chain, and not any other chain because they are fractured chain right?

What I should do now is try to keep my chain sync with Knightz chain by using his bootstrap.

I have few problem with Knightz bootstrap though.  It keep crashing 1.3 qt gui.  I tried existing wallet.dat and fresh new wallet.dat with importprivkey. Also tried merging into newly created loco folder or deleting existing chain files replacing with Knightz files.  Crashing seems unavoidable.

So I just used knightz peer.dat and let it resync slow way with importedkey.  

I hope this will force my chain to be aligned with knightz version.  

Could I or should I do anything else after syncing is done?

[bumbacoin]

another way to use nightz copy of the blockchain,

is to only use blk0001.dat, rename it to bootstrap.dat, place it in the datadir and start the qt.

if done correctly, the wallet will import the data from the bootstrap much quicker than downloading from the network.

[logocreator]

deleted

[Nik4691]

Here is complete bootstrap.dat for download until block number 41301 complete synced

I'm scared to download this blockchain because I'm on the block 42631.

[Velgelm]

All please check - this is right blockchain ?

11:53:45

getblockhash 42005


11:53:45

ad60b4b6573ffa22012e1725c57fba0b1af94ec627923305f5e8a17f6e6ca4c1