[ANN][XCN] Cryptonite - NEW Thread | 1st mini-blockchain coin | Bounties!

[sekker]

We are very happy to announce that we are working on a new restructuring of the website of cyptonite.info. This work should be finished in a few days, please stay tuned!

#sekker

bitfreak gave Pallas cryptonite domain?

something like that, the important thing is that soon we will see more activity.

#sekker

[sekker]

Great news! New website, more exchanges will be next step?

I hope so among other things.

#sekker

[licola.cocacola12]

Wanna join, contact me plz

[e6ug]

I explained the mini-blockchain to BTC38 again:
"Hello, thank you very much for your information, we will try."
At least they are trying to make it work fully, and not enabling the wallet without having all the transactions accredited

For those who think that they know ...

You don't.

- You don't know where the funds are.
- You don't know who had them.
- You don't know who has them.
- You don't know where they have been moved.
- You don't know what has been done with them.
- You most CERTAINLY don't know what to do with them without ALL of those things above substantiated. Which is impossible.

Burn or no burn. Location of no location of funds. Move or no move of funds. This is a moot exercise. Wastage of valuable time of the dev, and of those involved with the tracking of the funds is beyond me. Why would you even bother when all you will do is undertake the proverbial dog chasing his own tail.

The stolen (NOT hacked) coins are mixed in with the rest of the legitimately accrued funds in the XCN ecosystem. Let it be. It is done. Like having stolen cash circulating in our own pockets, you can be sure the money you have in your own pocket has already passed many hands, with a high percentage that YOUR legitimately owned cash notes and coins has been through the pockets of thieves also. So be it. Let it go.

The whole concept of the CryptoIndustry is to monetize AND 'anonymize' the hands, let alone a coin like XCN that focuses on anonymity.

Seriously people - let it be and move on. Devs have MUCH more important things to do than chase ghosts like this. For those that don't want to participate in the project and network, don't! Simple.

#crysx

very well said, i agree completely.

We are very happy to announce that we are working on a new restructuring of the website of cyptonite.info. This work should be finished in a few days, please stay tuned!

#sekker

This is great news!  so exciting to see members of the community come together and bring XCN back to life!

[gnasirator]

Seriously people - let it be and move on. Devs have MUCH more important things to do than chase ghosts like this. For those that don't want to participate in the project and network, don't! Simple.

#crysx

100% agree. After all, a successfull currency should always be fungible (if I remember the word correctly), i.e. a stolen coin shall be absolutely identical in value and usage to a non-stolen one. It would do much more damage to instill doubt about the value of any of the currently circulating coins!

One could argue that these coins were forged but there's no way to tell them apart, ergo they're all 100% legit. And by blacklisting the bad coins, we wouldn't revert any of the hacker's illegal gains or our distributed losses.
So right now, we simply have a case of temporary rapid inflation which has been fixed long ago. Let's move on!


* https://dickolsson.com/what-is-fungible-currency/

[kiddo]

Great news! New website, more exchanges will be next step?

Yeah, seems that the project is on the right track.

[DWW]

I just installed the Cryptonite wallet and synchronized to the network by downloading the blockchain. I'm very positively surprised that I could download the whole blockchain in a matter of minutes. And this for a coin from 2014, so with 4 years of transaction history. This project could actually be succesful. One question though: How large would the Cryptonite blockchain be when it had the same amount of transactions as bitcoin?   

[d5000]

One question though: How large would the Cryptonite blockchain be when it had the same amount of transactions as bitcoin?    

The Bitcoin blockchain currently has a maximum of about 2 MB per block, or 288 MB per day (6 blocks per hour * 24 hours). Cryptonite's mini-blockchain, as far as I know, saves the transactions of about one week.

So the blockchain would have a static size of about 2 GB (in contrast, Bitcoin's blockchain size is about ~160 GB). This value would only increase if there is a higher transaction density. Additionally there is the proof chain, which is relatively small, but grows over time.

2,x GB is ... almost nothing for today's computers, and the reason why I'm supporting Cryptonite

[DWW]

Additionally there is the proof chain, which is relatively small, but grows over time.

Do you know how I can download this 'proof chain' with the whole transaction history? Thanks.

[muf18]

I'm still curious about this test we had to do, about elastic and efectivness of network.
This coin with a bit of a dusting and mobile wallet, could actually work, and be a quite strong competitor to something like Nano. Tho, PoW at some point imo should be phased out what do you think?
If block time would be 30sec, it would be even better. But if flexible block size work, 60sec is enough, just a bit of dusting off interface, and maybe those mobile wallets, some graphics etc. Mainly design work.

[d5000]

Additionally there is the proof chain, which is relatively small, but grows over time.

Do you know how I can download this 'proof chain' with the whole transaction history? Thanks.

The "proof chain" essentially consists of block headers without transaction information. See this explanation.

There is a regularly updated full blockchain snapshot in the OP of this thread. (This one is from 2018-04-02).

I'm still curious about this test we had to do, about elastic and efectivness of network.

Me too. In the next days I'll resync the wallet and then we could fix a date for the tests. It would be cool, however, to set up a testnet for that - I don't know if this is easy or not, maybe someone of the devs and veterans can help.

PoW at some point imo should be phased out what do you think?

I think that would mean a major rewrite as XCN doesn't use PoS at all, as far as I know.

[pallas]

I still didn't start work on the transaction test script, but I'll do ASAP.
I believe testing on the main chain makes more sense as it is kinda "real world", but testnet could be used to stress the limits by having control of the network hashrate.

[antantti]

Happy to participate on that stress test too.

In theory, would it be hardware (cpu, ram, disk access) heavy?

[muf18]

If there would be enough participants and a lot of tx/s, yes it will be quite hard on disk and cpu (well we would have to make over 1000 tx/s, to became really stress test imo).

Just with PoW block time can be variable AFAIK, with PoS it should be much more resilent, that's why I thought PoS idea for development would be a good idea later on.
Fair distribution was done.

[antantti]

Some projects worth of billions (?) used to like RAM too, I don't know how it is today.

Pallas, give us some tools  .

[DWW]

I noticed the explorer is down: https://explorer.cryptonite.info

Is this because of the new website?

[sekker]

I noticed the explorer is down: https://explorer.cryptonite.info

Is this because of the new website?

try with : https://explorer.digicent.org/ is working for me.

#sekker

[sekker]

We are very happy to present you a quick video about Cryptonite XCN.
https://www.youtube.com/watch?v=kakI8XRS0Ik
You can also find it in:
Spanish:https://www.youtube.com/watch?v=KumUAB8a8Lc
German:https://www.youtube.com/watch?v=9oIRjjBX1Cw
thank you very much!

#sekker

[muf18]

I tried today mining, and it only shows me stratum identification failed on suprnova pool.

Max pool don't work, and I tried everything, but still no success.

[berbip]

I tried today mining, and it only shows me stratum identification failed on suprnova pool.

Max pool don't work, and I tried everything, but still no success.

no problems here...
ccminer.exe -a m7 -q -o stratum+tcp://xcn.suprnova.cc:8008 -u username.worker -p pass