[ANN] Signatum - New Algorithm - Fair Launch - No Premine

[lucky1488]

HEEEEEEEEEEEEELP PLEASE!
what wrong with mining  on Radeon? Bat looks work , but nothink  ( no shares) 2xHD7950 3GB

[1714742680]

1714742680

[1714742680]

1714742680

[1714742680]

1714742680

[1714742680]

1714742680

[doktor83]

HEEEEEEEEEEEEELP PLEASE!
what wrong with mining  on Radeon? Bat looks work , but nothink  ( no shares) 2xHD7950 3GB

stop, don't cry and read back.
Older cards don't work.

[lucky1488]

HEEEEEEEEEEEEELP PLEASE!
what wrong with mining  on Radeon? Bat looks work , but nothink  ( no shares) 2xHD7950 3GB

stop, don't cry and read back.
Older cards don't work.

Thanks. But how it real, when that cards  good work even on ETH

[oslak]

Dear Dev, I think that you should give answers to us. How much coins were premined and what the purpose of this premine. And one ,ore question - what the your target price for dump?

There was no premine.

[oslak]

You missed a key difference:  denarius is a premine scam =) SIGT has no premine. It could be a 1:1 carbon copy of denarius and be superior due to no premine.

you may not be aware that some of the largest coins around have significant pre-mines (e.g. ETH...) some even have 20% of all of the generated coins being given to a single wallet. i think the more alarming things with SIGT are that the developer announced it with a 5minute block time however the ANN was modified to say 2 minute block time, all through this the block time has been 1 minute and continues to be 1 minute. there was also almost zero difficulty on the first 1000 blocks which were mined in under 30 minutes:
./signatumd getblockbynumber 1 | grep time
    "time" : 1500413423
Tuesday, July 18, 2017 9:30:23 PM GMT

Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine
July 18, 2017, 09:31:17 PM GMT

as you can see he started mining before he posted the ANN

at the exact second of ANN was block 28:
signatumd@vps01:~$ ./signatumd getblockbynumber 28 |grep time
    "time" : 1500413477

these 28 blocks were mined by these addresess:

Code:

~$ for i in {1..28}; do  ./signatumd gettransaction `./signatumd getblockbynumber $i | grep -A1 tx | grep -v tx | cut -d'"' -f2` | grep addresses -A1 | grep -v addresses; done | uniq -c
      1                     "BHDYCrezNnyRLunrSNSWiXUfTGp2C4TwDx"
      1                     "BLuoeSCzKtxJMtqn1TPm2KkDe1GSeD9tBS"
      1                     "BRk5B9PniouGgjbV6MH4Z4TV1tftmTMkV2"
      1                     "BP86J2EiQDyxS1u5icYHUu1yeYxV5RLPGy"
      1                     "BM8ezxZXdco98H8MUq3DV85ATrR6sXTr3Y"
      1                     "BCfueb2YDmCnx5GLvQuyw3bAD5Fu8ra6Ku"
      1                     "BEHDjtAUYNEPf7nfKCs7zLdRyEukHpDEFX"
      1                     "B5SEFG3z2dWN6zqCYJSGkuDAhWWKwkHrAd"
      1                     "BCyMvRsxSiBBGRdJMDvqyNWvy1rR9GU59F"
      1                     "BCb5LzchA6j3zLNGQGNUhbauvPij6CQgjg"
      1                     "BAsfEFibmAqF1whTxB4JYnMGVf6DbuSrms"
      1                     "BHRhvRG15PpuyP238DLPQxmcy8BjsRS1f6"
      1                     "B9numoPpMBHsFWpgjheHDmEc6sxaWeXZ3m"
      1                     "BFYVJDpMWM46F5ow5V7v8SCB5HwPBbbmaG"
      1                     "BGdPdwwQg4ZwjDMaoNDrucohRF8niE89uK"
      1                     "BKMhqS5Zk54XSPssefZkbRxDT4a1pcJAff"
      1                     "BAzxT7qtwo4j9GGEfvXBJqmh5VYg2Uzttv"
      1                     "BCQjiRqPDd8qkjMjt8LDFmF92gqpWTVMkm"
      1                     "BDGk8TtBvBs14rvYoSK5FVLYNcvr9bbKcC"
      1                     "BRYv5sxSqFeFAQn3uKb3LN3JDdavWz6y7x"
      1                     "BTAam9gbFafXMcZorZhJA9VHJgFmp8jmgk"
      1                     "B9CPh1jumowejgqd6gjEZmarjLemeDMupD"
      1                     "BScL4spZQ1dHYVkyNvtD7VdwdGoLcb7Htx"
      1                     "BTLE88u15RsVFqnX71Grx8iim4hYrMwhvT"
      1                     "BK14NJTsCFzg6pV6qWai4zy2oT8dPLyD6J"
      1                     "BEqZeYk3c5UERJ5HRfgZPkhbZmfcbeA2br"
      1                     "BL86ffKbYHEt43pGvaWsEWpJBVxJCMHMyw"
      1                     "BHDfU4Jd3iQjd7R3kGXCfdwj3ENpaUuYQk"

so somehow 28 different people mined 28 different blocks before the ANN was announced, i'm not sure how that works, the wallet/miner was not even publicly available until the fair launch as far as i was aware and even then you have to have some time for people to get & set it up

./signatumd getblockbynumber 1000 | grep time
    "time" : 1500414892
Tuesday, July 18, 2017 9:54:52 PM GMT

1469 seconds (24 minutes) to mine the first 1000 blocks, and then difficulty kicked in. still fast to mine at that point but you get the point

I wouldn't pretend to know anything about algorithms, but is "skunkhash raptor" not just a name for the combination of algorithms?  As opposed to it being the literal names of three separate algorithms?

well yes that skunkhash is the name for the algorithms combo, just like tribus is the name for the three algo combo of 80b jh 64b keccak/echo which is used in denarius, but the ANN lists Raptor along with all the other algos and there is also a raptor.h file in the source along with the other algos that contains only one function declaration called RaptorFuck() - however raptor.c where the actual function would exist isn't there, and otherwise the declaration file would be incomplete for an algo as it's missing some pretty large amount of code to be called an algo - it just looks weird is all, but I am interested to know what the Raptor algo is (if there is one) since it could be an interesting new algo that nobody knows about

My friend should think well and do not rush

I didn't rush. I bought at 400 sat and mined days ago because this coin was fairly launched and I don't care what codebase it's based on if it's so efficient and was launched in such a way to make it the crypto community's token as opposed to the developer's token.

I don't think it is a derivative of Denarius algo. But that's the developer's to speak on, I'm simply saying the community obviously prefers one method of launching: fair, no premine, and open with the community instead of launching it after you mined it. DNR is 20k sat, so SIGT should be right there with it if you believe they're so identical.

well, a 137.5m supply in september this year for SIGT to a 7 million supply in 2020 for DNR, it's only the algorithms which are strikingly similar, but i'm open to input from the developer, that's why i asked - in order for SIGT to have a 20k sat at completion of PoW it would be 20000sat*137500000sigt/100000000sat per btc = 27500 BTC or roughly 71.5M in it.. not entirely impossible but I really do wonder how far the coin gets

If you can backread, dev mentioned this:

3 days old and talking about trex or polo... take it easy, boys  

I've already spoken to trex, we've already submitted a request, but after talking to Richie over there, it seems there's a nice stack of people waiting to be listed.


I paid for cryptopia listing already, .97 BTC is what that cost me.


We'll see what happens with Trex, but for now I'm happy with cryptopia, we'll go for Trex after a few weeks go by.




I will definitely be willing to help out with the listing on Trex, and I have direct communication with Richie and Bill there. Their basic listing is 3 BTC, so a bit higher than cryptopia... but we'll figure it out.

Wow, that's some serious commitment.
Do you know the dev of this project or may I ask what made you want to invest in this project?
Seeing quite a few Legendary members excited I will take a closer look at Signatum.

There hasn't been a fair and clean coin launched in months with no catch so it was necessary to have something like Signatum. Everybody deserves a fair share so that is why it exists

Uhmm.. sorry but there's nothing Fair and clean about the launch, the difficulty and block time was artificially set to very low values for the first 1000 blocks and the first "normal" miners got in after block 1000... So your artificial instamine brought you about 3.5m coins already...

A smooth transition from GetNextTargetRequired to DGWv3 was programmatically implemented to allow CPU miners to also have a chance to mine. People are used to hidden catches so much that even when something fair comes along, they will try to find something in it. Lets assume that even someone has taken major chunk from those first 1000 blocks, it's just not few people but lots of them

And you can read post that many users did mine the first 1000 blocks. Too bad I wasn't able to join them.

i didn't say that it was 1000 blocks of premine for the dev, i am aware some people got in early and mined a few of the blocks but there is only 6 posts made on this thread before there was 1000 blocks mined, i doubt many other people got in on the action. either way there is no real way to tell because as mentioned there is 28 addresses that mined blocks before the ANN was even posted.. the more i am looking into this the more it has me worried

perhaps if the block time was actually 5 minutes, 0.00024 difficulty (at block 1) to 0.00029 difficulty (at block 999) would be fair - that'd be 5000 minutes for people to jump in on the action, but the block times for 0-999 was an average of 2 seconds. after block 1000 it jumps up to 1 minute blocks quite quickly.. clearly this is a very top-weighted coin, the rewards for mining it at launch (and in the 30 seconds previous to launch) were greater than an hour after launch by 50x. fair launch doesnt seem like the right word

So should the dev inform you first to be called fair? I see nothing unfair here. Just people who missed the train calling it unfair. I did not mine, I bought at 1k sat. But Im not complaining like you do.

You are trying to pull this down and that's unfair.

well technically i would say yes, the dev should announce the ANN before he starts mining to call it fair - the other thing which seems fishy is that 28 seperate addresses all mined the first 28 blocks before the announcement.. if the dev was fair mining why would there be 28 different addresses there? surely he would be the first few addresses.. or at least have the same address appear more than once in the first 1000 blocks.

just have a look at the addresses which mined each block - in the first 1000 blocks there is 1000 unique addresses, block 1001-1500 has 2 addresses which mined more than one block and the rest unique addreses.. i just can't really believe that there would be 1500+ people mining sigt within an hour and all managing to land exactly 1 block each

i wouldn't call checking into these things as unfair, as a SIGT holder I just want to know the specifics behind the coin and make sure it's solid rather than blindly beliveing in hype like 'fair launch no premine' in a title (ive seen a lot of coins say they are fair and they are anything but). and i didn't miss the train, but i don't wanna miss the dump if there is going to be one.. which when there is 25m coins already out there and only 1m on the single market that the coin is on.. i have to wonder!

My advise, when it dips down, and it will sometime later, you buy. Then for the meantime be quiet on the sideline.

[doktor83]

HEEEEEEEEEEEEELP PLEASE!
what wrong with mining  on Radeon? Bat looks work , but nothink  ( no shares) 2xHD7950 3GB

stop, don't cry and read back.
Older cards don't work.

Thanks. But how it real, when that cards  good work even on ETH

It's something with the miner software, won't work with older cards.

Hashbag.cc dying ? First can't connect to pool for a long time, then 'no work from pool' this was not a thing 1-2 days ago.

[Cannabisdreams]

I'm mining just fine with a Gtx 750ti.  Maybe older Nvidia are ok but not AMD? 

[enkayz]

HEEEEEEEEEEEEELP PLEASE!
what wrong with mining  on Radeon? Bat looks work , but nothink  ( no shares) 2xHD7950 3GB

stop, don't cry and read back.
Older cards don't work.

Thanks. But how it real, when that cards  good work even on ETH

It's something with the miner software, won't work with older cards.

Hashbag.cc dying ? First can't connect to pool for a long time, then 'no work from pool' this was not a thing 1-2 days ago.

hmm, try again, seems there was a limit on miners for some reason

[Cannabisdreams]

Did I see the name Crowetic in the OP? The same one from Burst coin? Does he have a hand in this coin?

Did you find the answer to this?  If @Crowetic is involved I'll buy more!  I think he's great and completely understood why he felt the need to walk away from Burst.  Any project he works on in the future is one I'd be happy to support.  

[Noolz39]

I guess it is polo buying now, soon will see

[enkayz]

It is a scam coin he has premined a lot of coins and not even declared total and max supply.You people are buying shit.Its a scam coin see youself he said no premine how does 24600000 coins came into existence loll.Be aware of these SCAMMERS

It's a simple calculation.. current block: 9893 * 2500 reward per block = 24732500 coins

[Vegan97]

Signatum is now available on coinmarketcap.com

https://steemit.com/cryptocurrency/@vegan97/signatum-sigt-is-live-on-coinmarketcap-com

https://coinmarketcap.com/currencies/signatum/

[Snakiest]

Man, the coin is surely taking off. Is there a target price for it? Sorry if I missed it.

[oslak]

It is a scam coin he has premined a lot of coins and not even declared total and max supply.You people are buying shit.Its a scam coin see youself he said no premine how does 24600000 coins came into existence loll.Be aware of these SCAMMERS

It's a simple calculation.. current block: 9893 * 2500 reward per block = 24732500 coins

Lol can't read? Clearly written on the first post.

Reward Structure:
Blocks 0-30,000: 2500 Coins
Blocks 30,001-60,000: 1250 Coins
Blocks 60,001-100,000: 625 Coins
Pow End Block: 100,000
PoS Start Block: 98,500
Total PoW Coins: 137,500,000

[enkayz]

i would say the most that the dev could have instamined would be 2.5M-3M sigt, which is maybe 2.5% of the total supply, assuming he got 80% of the first 1k blocks - remember, he was probably well prepared to boot his miners up the second the post was on there as he already had GPU mining on, and the difficulty was set in the area where CPUs could do it. finding all those blocks in a tiny space is inevitable, and then probably most of the next 1k blocks until more people started getting into the network. from what i have looked at, there are only a few addresses other than the large amounts of unique addresses that were mining in the first 1500 blocks so it is pretty likely the instamine is around 2M SIGT. not a huge premine amount in any circumstance and technically not a pre-mine other than the blocks just previous to the post - even then those blocks could have been mined directly after the post allowing for possible differences in time servers between the blockchain and bitcointalk's timestamps. either way, the dev would have had a fair amount mined but it's not a significant chunk of the supply, i wouldn't be TOO worried about it. it could definitely have an impact on the market but what is more likely to hurt the price of this coin is reward halving in roughly 20k blocks (13 days from now) as many miners will start dumping their supply before that at which point it will be 75M coins available to the market, a market cap of $10M (probably a decent target for a month old coin) would be USD 0.13c per coin - not much more than it is now

whilst i don't believe 100% in the technical background of the coin, there are plenty of other coins out there which have surprisingly high market caps so we remain hopeful for all involved. it would be nice to hear some more from the dev about these things though

[hieunguyen]

please me his r7-370 can't mining sigt. worker not active. Please help me setup mining with r7 370 with sgminer

[brizio71]

Hi,

I'm try to run sgminer on my 7 GPU RX470 and RX480 RIG that works perfectly using Claymore Dual on ETH+DCR but as soon I run sgminer I get this error:

C:\Users\Fabrizio\Desktop\sig-miner>sgminer.exe -n
[09:10:47] CL Platform vendor: Intel(R) Corporation
[09:10:47] CL Platform name: Intel(R) OpenCL
[09:10:47] CL Platform version: OpenCL 2.0
[09:10:47] Error -1: Getting Device IDs (num)
[09:10:47] clDevicesNum returned error, no GPUs usable
[09:10:47] 0 GPU devices max detected


do you know why sgminer doesn't recognize the AMD GPU ?

thanks

[leopoldfeef]

Exact same issue ^ (with 4xx & 5xx), it only detects the onboard card.

[redmonski]

Exact same issue ^ (with 4xx & 5xx), it only detects the onboard card.

Try including the following in your bat file. Your cards should be in either of the platform.

--gpu-platform 1
--gpu-platform 2

[enkayz]

Try with this one

sgminer --gpu-platform=1 -o stratum+tcp://pool.hashbag.cc:8644 -o <SIGT_ADDRESS> -p c=SIGT

you may need to use gpu platform 0,1,2 depending on which openCL platforms you have installed, you can find a list of those in Regedit at LOCAL_MACHINE/Software/Khronos/OpenCL/Vendors

if you look there you should see the amdocl64.dll listed (if you are running a 32 bit miner on a 64 bit platform then you need to look inside HKEY_LOCAL_MACHINE\SOFTWARE\Wow6432Node\Khronos\OpenCL\Vendors)

remove the intel one (write down the value that was in there in case you want to restore intel openCL) that's in that folder and reboot your machine and then you should only have the amd platform left and sgminer won't get so confused