[ANN] Credits(CRDS): CPU-only mining | Argon2d PoW - Masternodes

[chris190]

Ready!

17/06/2017 time 00.00 CEST ITALY or 10 PM UTC!

edit
Sorry I'm wrong, the release is tomorrow, 18/06/2017 for italy! 

[sayyedraza]

hello

is it possible to mine with Ubuntu 16.04 LTS
hope wallet should release with full details ..
CRDSd should be available same time 

Thanks

[puvanb]

Mining is either done in the wallet by going to Tools->Debug Console, and entering “setgenerate true <cores>” or going to the credits.conf and adding “gen=1" and “genproclimit=<cores>” to it.

What do you meab by" cores", is it a value or just copy paste that line?

[skeletounek]

Mining is either done in the wallet by going to Tools->Debug Console, and entering “setgenerate true <cores>” or going to the credits.conf and adding “gen=1" and “genproclimit=<cores>” to it.

What do you meab by" cores", is it a value or just copy paste that line?

Cores mean how many cpu cores should mine - for example if I have 4 cores cpu and I want to mine on 2 cores, I use this command: setgenerate true 2

[blocks.explorer]

Whats the price of 1 CRDS?

That will ultimately be decided by the market, but to begin with CRDS won't be listed on any exchanges right away so you'd have to buy them privately. I'm happy with a starting price of 1CRDS = 1BTC.

Once listed on an exchange, fl0wd3v wrote a post here that should help -
https://credits-community.slack.com/archives/C5M5SSJ1G/p1496588029973425

I hope so 1 CRDS = 1 BTC, and type of coin mining is good for the future, I will save this coin for at least 5 years and are confident the price will hundreds of percent rise from now.

CRDS is a very good coin but you dont really think it is 1:1?? But we will see in 3 days. hope it rise to the moon.


what is first exchange?

No-one can predict the price as there is no market yet. But it will definitely not be 1:1, this is completely out of context.

As for exchanges, we are not in a hurry to be listed. Once the network stabilises, we will apply to Bittrex as the first exchange.

Are you guys high, can I have some 
More probably 1CRDS = 1 satoshi.

Actually i laughed when i first saw this. 1 crds = 1 btc?? What were you smoking?? You need more than a coin to get the price to the moon e.g community, coin technology features, application and demand from China.

What in the world? 1 CRDS = 1 BTC. Keep dreaming. Agree it's more 1 sat.

Dev is giving away 10 CRDS for signature bounty per week for a Member with 6 posts. Thos who signed up will be rich! Lol 

Guess your doing the Sig bounty then......

Yes, I have Starta sig as you can see. Saw it from the ZrCoin and there's bonus if you joined previously ZrCoin sig.

At least not as outrageous as 1 CRDS = 1 BTC. But if that ever happens congrats to you! Lol

[innergy]

..At least not as outrageous as 1 CRDS = 1 BTC. But if that ever happens congrats to you! Lol

It's just a someone's joke.. are you gonna repeat it for the next 2 years? You fun-killer..

P.S. Warming the engines.. 

[anafiene]

any bounty campaign dev ?

https://bitcointalk.org/index.php?topic=1947857.0

The rules for signature campaign is a little tough to be done, but that is not something impossible to do.
let just say, more effort = more result

[loremipsum]

hello

is it possible to mine with Ubuntu 16.04 LTS
hope wallet should release with full details ..
CRDSd should be available same time  

Thanks

Yes it is. Come to slack if you need more help

any bounty campaign dev ?

https://bitcointalk.org/index.php?topic=1947857.0

The rules for signature campaign is a little tough to be done, but that is not something impossible to do.
let just say, more effort = more result

Come on! What is tough? Its just 6 posts per week, 3 of which is the altcoin section

Mining is either done in the wallet by going to Tools->Debug Console, and entering “setgenerate true <cores>” or going to the credits.conf and adding “gen=1" and “genproclimit=<cores>” to it.

What do you meab by" cores", is it a value or just copy paste that line?

Cores is the number of cores your CPU has and you want to mine with
If you want to mine with all cores, just type
setgenerate true -1

[Paracelsus]

And i suppose wallet for download will be ready on start..Can i join mining with xeon 4 core processor, is it supported?
Why there is no simple countdown timer? This can be little bit confusing.

[loremipsum]

And i suppose wallet for download will be ready on start..Can i join mining with xeon 4 core processor, is it supported?
Why there is no simple countdown timer? This can be little bit confusing.

Wallet will be released exactly on time. And yes you can definitely mine with this CPU!

We have made a section on www.crds.io outlining the different timezones. If you click on "What time is 10PM UTC on June 17th where I live?" it will show you local timezones.

[ahoenk]

And i suppose wallet for download will be ready on start..Can i join mining with xeon 4 core processor, is it supported?
Why there is no simple countdown timer? This can be little bit confusing.

Wallet will be released exactly on time. And yes you can definitely mine with this CPU!

We have made a section on www.crds.io outlining the different timezones. If you click on "What time is 10PM UTC on June 17th where I live?" it will show you local timezones.

mining start ?

going to mine with 12 cores 5 cpu...

cmon i cant wait to mine this

[Paracelsus]

And i suppose wallet for download will be ready on start..Can i join mining with xeon 4 core processor, is it supported?
Why there is no simple countdown timer? This can be little bit confusing.

Wallet will be released exactly on time. And yes you can definitely mine with this CPU!
We have made a section on www.crds.io outlining the different timezones. If you click on "What time is 10PM UTC on June 17th where I live?" it will show you local timezones.

Can you please post link what miner will it be used and some instructions for this algo, i don't have much experience, i suppose and  other members here also would like to know.

[vince-zheng]

 What is the exact time to mine?Looking forward to CRDS.

[loremipsum]

The algo is Argon2d and github is here https://github.com/Credits-CRDS/Credits

To mine, you will have to download the wallet from www.crds.io (will be available on 10PM UTC today) and then go to debug console and write "setgenerate true -1" and then you 'll start mining.
To see your hashrate, you write gethashespersec

This was just posted a few replies above and I'm quoting it again:

1. Mining Algo is Argon2d and not x11 which means CPU only, no GPUs and no ASICs, a natural mining progression much alike Bitcoin and protection to ensure zero abuse from botnets. As well as this, Argon2d is 64bit only which means no armies of Raspberry-Pi’s mining on the network, unfortunately this means no Android/ARM support.
2. Instead of DGW3 we have the best difficulty retargeting algorithm, DELTA, from Gulden which protects against Multi/Jump mining pools.
3. Masternodes in Dash return less and less of a return everyday, with the mapped rewards in Credits(CRDS) for Masternodes increasing, this ensures ROI for Masternode operators throughout the ~36 year coin supply production.
4. Unlike Dash we are a fork of Dynamic which is 100's of commits ahead of Dash in terms of fixes to Dash code, in-lining with Bitcoin code and making general improvements, so we have a better codebase than Dash, not to mention all the features of 12.2 that are still open pull requests in the Dash GitHub and not even merged to Dash’ codebase, but in Credits codebase already, such as BIP39 (Hierarchal Deterministic Wallet).
5. Mining is accessible to anyone with a computer, they just need a wallet and an internet connection, there is no early entry, ICO, horrendous premine or unfairness about pre-launch, launch or the 36 years of mining and beyond.
6. The Argon2d algorithm, miner files, hash files and block files of the wallet have been optimised by Wolf0 for AVX2 CPU’s. These optimisations were going to be sold off to the highest bidder, instead they were purchased by developers and added to the codebase so that the AVX2 optimisations are available to all. This means those with AVX2 CPU’s can benefit from a 20% increase in hashrate.
7. No DAO or budgeting blocks from launch, this is to eliminate the risk of one party gaining early majority control of the Masternode network, creating proposals, voting and subsequently defrauding the network. DAO functionality can be brought online at a later stage once the Masternode network has grown in size.
8. Pivx and Dash have proven a growth “hack” by combining an appreciating asset with a Masternode system. While for PivX and Dash it is increasingly harder to obtain a Masternode with them costing a small fortune, Credits(CRDS) will allow new investors to start early and see massive returns on their investment.


Credits(CRDS) will be released on June 17th 2017 at 10:00PM UTC
--------------
June 17th 2pm - Alaska, USA
June 17th 3pm - California, USA
June 17th 4pm - Salt Lake City, USA
June 17th 5pm - Columbia, USA
June 17th 6pm - New York, USA
June 17th 11pm - United Kingdom
June 17th 12pm - Western/Central Europe
June 18th 1am - Eastern Europe/Russia
June 18th 2.00am - Azerbaijan
June 18th 2.30am - Iran/Middle East
June 18th 3am - Pakistan
June 18th 3.30am - India
June 18th 4am - Bangladesh
June 18th 4.30am - Myanmar(Burma)
June 18th 5am - Thailand/Indonesia/Mongolia
June 18th 6am - China/Phillipines/Australia(Perth)
June 18th 7am - North & South Korea/Japan
June 18th 7.30am - Australia(Darwin)
June 18th 8am - Australia(Canberra)
June 18th 9am - Soloman Islands
June 18th 10am - New Zealand/Australia(Auckland)

https://crds.io

[helloge]

Interesting project and I will give a look and I will mine some next 16th of june

Waiting for bounties 

I am also interested in this project and I am looking for another bounty campaign after the SNOM's. Maybe I will choose this one.

[loremipsum]

We are launching in 10PM UTC! Just refresh the page to update the timer

[chris190]

I am already ready! 

[epicfailman]

Dev, one question. Will there be a functional pool at the start and a miner separate from the wallet?

[loremipsum]

The wallet & miner have been released just now:
https://github.com/Credits-CRDS/Credits/releases/tag/v1.0.0.0


We are sorry for this. The dev made a mistake, he uploaded the files on GitHub but without hitting 'update', GitHub updated on its own accord. It was announced as we were talking on Slack.

Edit: All binaries are being uploaded as we speak

[fl0wd3v]

I was preparing the release on GitHub for 10PM UTC and without my knowledge, as each binary was uploaded, GitHub just automatically puts it live, without me having to click the 'Update Release' button.

So GitHub just ninja launched us.

https://crds.io for downloading the wallet.

Make sure to use the CPU selection menu and it will then show you the correct wallets for your system.

Enjoy mining and the beginning of Credits(CRDS), even if it was GitHub who launched us

As you can see in this pic https://i.imgur.com/t9DevQr.png that I posted in Slack to tease the upcoming release, I hadn't hit 'Update Release' yet, so I am really sorry for this happening and will be messaging GitHub to ask that this feature is reviewed.