[ANN] a new coin based on Litecoin - CHNCoin

[markm]

CNC is right now a telltale for exchanges that don't mind exposing their users to the potential liabilities of a dead coin with an unsafe network.

Which as of now seems to be all of them (except Gox)

Did Vircurex support this coin once upon a time? I don't recall, possibly it was one of the crapcoins it did try for a brief time then threw out?

-MarkM-

[dreamwatcher]

As much as I hate to ask it:

Is the last block created truly 2013-08-07 08:13:29?

The daemon on CCE is reporting that date as the last block also, so the explorer is correct in the sense it is reporting what the daemon is reporting.

Is the daemon on a fork, or has it truly been almost two weeks since the last block.

If so, I will have to consider taking CHNCoin off CCE. 

[erk]

So what's the story with CHNcoin, is there going to be an updated client with a faster diff correction to fix this high diff lock problem?

What block was the next diff adjustment scheduled for?

[modcom]

LOL, Its Dead, Let it Die...

[erk]

Seems the next difficulty adjustment is at block 60,480 we are at block 59,739  so still months off unless more people start mining again.

I can't seem to find any peers on my client, can anyone tell me an addnode IP that's still working?

[modcom]

OMG, Seriously, there is no support, there is no Dev, This coin is Dead. Get Real...

[erk]

From looking at the source code on github, I see the Chinese devs committed a change to the difficulty adjustment formula 2 months ago!

They changed the difficulty adjustment from +/- 400% every 3.5days, down to +/- 150% every 24hours. Not terrific, still too aggressive and infrequent, but way better than it is at the moment.

The change is programmed to take effect at block 60,500 which is a long way off.

Make sure your client is updated to version 0.6.4 as this is a hard fork

    Windows QT Client: http://sourceforge.net/projects/chncoin/files/0.6.4/CHNCoin-0.6.4-Windows-QT.zip/download
    Mac QT Client: http://sourceforge.net/projects/chncoin/files/0.6.4/CHNCoin-0.6.4-Mac-QT.zip/download
    Linux Client: http://sourceforge.net/projects/chncoin/files/0.6.4/CHNCoin-0.6.4-Linux.zip/download

 
Essentially what will happen is at block 60,480 the next old style 400% difficulty adjustment will occur as usual, which will cause a massive drop in difficulty, so the next 20 blocks, until the new less aggressive formula kicks in, will pass rapidly.

[crazydownloaded]

Completely dead, I can't even sync my (new installed) client, stuck at 0 blocks:
chncoind getblockcount              
0

The exchange rate is SO low (cf http://coinplorer.com/Charts?fromCurrency=CNC&toCurrency=BTC&fromDate=) (10 times lower than what it was in june) and difficulty so high, I don't think this will ever come back...
There was 15 days between block 59735 and 59736!!! (see http://coinplorer.com/CNC)

Does anyone have a seed node I could use to sync my client?

thanks!

[FinShaggy]

Are there ways to earn this coin without mining, maybe by writing?

[erk]

Completely dead, I can't even sync my (new installed) client, stuck at 0 blocks:
chncoind getblockcount              
0

The exchange rate is SO low (cf http://coinplorer.com/Charts?fromCurrency=CNC&toCurrency=BTC&fromDate=) (10 times lower than what it was in june) and difficulty so high, I don't think this will ever come back...
There was 15 days between block 59735 and 59736!!! (see http://coinplorer.com/CNC)

Does anyone have a seed node I could use to sync my client?

thanks!

What version did you install? the 0.6.3 in the OP is not the latest, we are up to 0.6.4 in the Github source tree. There are like only two people mining it, 5MH/s into a 41 diff, she ain't no speed demon that's for sure! Currently a couple of blocks per day. Help mine and things will improve, the coin is most likely quite salvageable, there are over 5mill in circulation, most bought at a much higher price than they are going for now, still fetching more than a lot of the newer alt coins.


I find on Windows, if the client stalls downloading the block chain, if I quit out of it and relaunch it eventually starts downloading. Sometimes I have to quit and relaunch several times.

The pool that's still mining if you want to help out, is http://www.chnpool.com I think it's the only one since August.

[RoadTrain]

Hello people.
I made a patch to CNC difficulty adjustment algorithm.
It'll be retargeting every block by a small percentage, just like in PPCoin and Novacoin.
If it's ok, the hard fork is planned for Oct 1. The previous update made 2 months ago planned a fork for block 60500, with current hasrate it would take years to reach.

I'll publish my repo later.

[erk]

Hello people.
I made a patch to CNC difficulty adjustment algorithm.
It'll be retargeting every block by a small percentage, just like in PPCoin and Novacoin.
If it's ok, the hard fork is planned for Oct 1. The previous update made 2 months ago planned a fork for block 60500, with current hasrate it would take years to reach.

I'll publish my repo later.

Yes, block 60,500 is a crazy target, way too far off to be practical.


You will have to get places like Cryptsy, Bter, BigVern's pool, to run with it. All references to the source on the net point to the Chinese code and not your fork. Ideally you should try an PM the devs or at least the use CHNcoin on this forum let them know what you are doing.

Not sure if Oct 1st. is enough time for all that.

[RoadTrain]

Hello people.
I made a patch to CNC difficulty adjustment algorithm.
It'll be retargeting every block by a small percentage, just like in PPCoin and Novacoin.
If it's ok, the hard fork is planned for Oct 1. The previous update made 2 months ago planned a fork for block 60500, with current hasrate it would take years to reach.

I'll publish my repo later.

Yes, block 60,500 is a crazy target, way too far off to be practical.


You will have to get places like Cryptsy, Bter, BigVern's pool, to run with it. All references to the source on the net point to the Chinese code and not your fork. Ideally you should try an PM the devs or at least the use CHNcoin on this forum let them know what you are doing.

Not sure if Oct 1st. is enough time for all that.

Yes, are these places the only ones? Can you provide the full list? I also know cryptocoinexplorer.
I'd need a a man with mining stuff to test the code on testnet. He'll need to build CNC from sources himself though (so linux is better). PM me if interested.

The fork time will be adjusted if needed
Thanks for the reply.

[RoadTrain]

CHNCoin resurrected!

https://bitcointalk.org/index.php?topic=322488.0

[MaGNeT]

This may actually get back on an exchange.
Remembered the old value, before the coin got stuck on high diff? Well... the diff algo is fixed by the last hardfork...

[RoadTrain]

This may actually get back on an exchange.
Remembered the old value, before the coin got stuck on high diff? Well... the diff algo is fixed by the last hardfork...

Bter is already on the updated client.
As oc Cryptsy, I doubt they want to add it again

[RoadTrain]

CHNCoin resurrected!

https://bitcointalk.org/index.php?topic=322488.0

Let it die already.

Stop spamming please?
It is resurrected, deal with it.

[z0rr0]

CHNCoin resurrected!

https://bitcointalk.org/index.php?topic=322488.0

Let it die already.

Stop spamming please?
It is resurrected, deal with it.

Necromancer!

[bitezze]

***New CNC Mining Pool***

The pool features Proportional Payout, Getwork and Stratum support, and a low 0.75% Pool fee.

Site is http://CNC.bitezzemining.com/index.php

NEW MINER SETTINGS, PLEASE BE SURE TO UPDATE YOUR MINER!
Miner Settings:
URL: http://bitezzemining.com
Port:3305

[blazin8s]

What exchange is this coin traded on?