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

[toktu]

*** Based on tpruvot@github ccminer
*** Originally based on Christian Buchner and Christian H. project
*** Include some of the work of djm34, sp, tsiv and klausT.

[2017-09-04 08:23:08] NVAPI GPU monitoring enabled.
[2017-09-04 08:23:08] 2 miner threads started, using 'skunk' algorithm.
[2017-09-04 08:23:09] HTTP request failed: Failed to connect to 127.0.0.1 port 33334: Connection refused
[2017-09-04 08:23:09] get_work failed, retry after 30 seconds
[2017-09-04 08:23:10] API bind to port 4068 failed - using port 4069

Help pls

Thanks

[Topkras]

where do you buy or sell signatum? It doesn't work on Crytopia

[m00n1ight]

where do you buy or sell signatum? It doesn't work on Crytopia

What do you mean? As I know you can buy and sell but not withdraw.

[Bitzure]

where do you buy or sell signatum? It doesn't work on Crytopia

There is some available on Bitzure, if you want to buy some in the meantime

https://bitzure.com/markets/sigtbtc

[Topkras]

where do you buy or sell signatum? It doesn't work on Crytopia

What do you mean? As I know you can buy and sell but not withdraw.

that's what I mean. I can't even create a wallet there

[m00n1ight]

I can't even create a wallet there

And you can't buy SIGT for BTC on Cryptopia? That's pretty strange indeed.

[Bitzure]

I can't even create a wallet there

And you can't buy SIGT for BTC on Cryptopia? That's pretty strange indeed.

Looks like their wallet is down for maintenance so no deposit/withdrawal but can trade if you already have some there, as said above you can get some at Bitzure in the mean time

[Surging Chaos]

You can buy/sell SIGT on Cryptopia still. I've been doing just that. 900 sats seemed like a good entry point.

[m00n1ight]

You can buy/sell SIGT still. I've been doing just that. 900 sats seems like a good entry point.

I thought similar when bought 5k @ 1170 and then 5k @ 1100... so let's hope for better.

[pr0ximus]

Oh the web wallet up already? https://wallet.signatum.io/ is sexy .

Coin Fair Launch - ✓
Additional TOR nodes - ✓
Signatum Marketplace (beta) - ✓
Signatum Web wallet (beta) - ✓

All in just a month's time? That't some super fast delivery of the planned roadmap. I would be surprised if this doesn't impress bigger exchanges to list SIGT already. 

[BellicoseBenny]

Give it time, still really small market cap

[AngryWhiteWolf]

Oh the web wallet up already? https://wallet.signatum.io/ is sexy .

Coin Fair Launch - ✓
Additional TOR nodes - ✓
Signatum Marketplace (beta) - ✓
Signatum Web wallet (beta) - ✓

All in just a month's time? That't some super fast delivery of the planned roadmap. I would be surprised if this doesn't impress bigger exchanges to list SIGT already. 

Web wallet looks damm good! Higher exposure for people with less tech abilities.
It can only be better. Keep up the good work dev team!

[mystere_miner]

10%?  Signatum had the exact same pre-mine, so I don't get the point.
Didn't know Signatum had a pre-mine?  It did.  2.5M coins, same as Magnatum.  The first 1000 blocks had a fixed virtually 0 difficulty level, which amounts to a pre-mine.

Signatum's first 1000 blocks were minable by everyone even with CPU (this is the official reason for the low diff ).
Magnatum devs just mined shit ton of blocks before even announcing the coin.
So no, it's not the same.

Wow, I didn't notice about it, thanks for the information. I just found the code in main.cpp.

Moreover, Magnatum has unlimited coins, I don't know why the dev created such a coin, as I don't see good price with unlimited coins, who want to invest such coin 

It may not be unlimited, it's just unlimited for now.  The dev claims the decision to limit will be evaluated at least once per year.

[mystere_miner]

10%?  Signatum had the exact same pre-mine, so I don't get the point.
Didn't know Signatum had a pre-mine?  It did.  2.5M coins, same as Magnatum.  The first 1000 blocks had a fixed virtually 0 difficulty level, which amounts to a pre-mine.

Signatum's first 1000 blocks were minable by everyone even with CPU (this is the official reason for the low diff ).
Magnatum devs just mined shit ton of blocks before even announcing the coin.
So no, it's not the same.

And you don't think the Signatum devs weren't mining like crazy?  Regardless, I really don't see the difference between devs getting those pre-mine coins or the public.  If anything, the devs are more likely to NOT sell them off. 

And really, 2.5M coins amounts to 1 week of mining.  Each week that passes makes that pre-mine less and less impactful.

[crypto.lawyer.187]

10%?  Signatum had the exact same pre-mine, so I don't get the point.
Didn't know Signatum had a pre-mine?  It did.  2.5M coins, same as Magnatum.  The first 1000 blocks had a fixed virtually 0 difficulty level, which amounts to a pre-mine.

Signatum's first 1000 blocks were minable by everyone even with CPU (this is the official reason for the low diff ).
Magnatum devs just mined shit ton of blocks before even announcing the coin.
So no, it's not the same.

And you don't think the Signatum devs weren't mining like crazy?  Regardless, I really don't see the difference between devs getting those pre-mine coins or the public.  If anything, the devs are more likely to NOT sell them off. 

And really, 2.5M coins amounts to 1 week of mining.  Each week that passes makes that pre-mine less and less impactful.

does anyone mine SIGT

not that profitable

[seasonw]

10%?  Signatum had the exact same pre-mine, so I don't get the point.
Didn't know Signatum had a pre-mine?  It did.  2.5M coins, same as Magnatum.  The first 1000 blocks had a fixed virtually 0 difficulty level, which amounts to a pre-mine.

Signatum's first 1000 blocks were minable by everyone even with CPU (this is the official reason for the low diff ).
Magnatum devs just mined shit ton of blocks before even announcing the coin.
So no, it's not the same.

And you don't think the Signatum devs weren't mining like crazy?  Regardless, I really don't see the difference between devs getting those pre-mine coins or the public.  If anything, the devs are more likely to NOT sell them off. 

And really, 2.5M coins amounts to 1 week of mining.  Each week that passes makes that pre-mine less and less impactful.

Maybe you are right on this. I just checked the date of block 1 to block 1000, it is done in less than 30 minutes. About 2 seconds per blocks. But at least it is a real fair launch, because this thread is created before the date, and even devs were mining like crazy in these 30 minutes, there are still possible other miners into, unlike a real insta-mine, mine first launch later.

[}{uNdd]

Oh the web wallet up already? https://wallet.signatum.io/ is sexy .

Coin Fair Launch - ✓
Additional TOR nodes - ✓
Signatum Marketplace (beta) - ✓
Signatum Web wallet (beta) - ✓

All in just a month's time? That't some super fast delivery of the planned roadmap. I would be surprised if this doesn't impress bigger exchanges to list SIGT already. 

Web wallet looks damm good! Higher exposure for people with less tech abilities.
It can only be better. Keep up the good work dev team!

the web wallet can use to PoS stake in future ?
or still need a windows or linux wallet to stake.

[pr0ximus]

Oh the web wallet up already? https://wallet.signatum.io/ is sexy .

Coin Fair Launch - ✓
Additional TOR nodes - ✓
Signatum Marketplace (beta) - ✓
Signatum Web wallet (beta) - ✓

All in just a month's time? That't some super fast delivery of the planned roadmap. I would be surprised if this doesn't impress bigger exchanges to list SIGT already.  

Web wallet looks damm good! Higher exposure for people with less tech abilities.
It can only be better. Keep up the good work dev team!

the web wallet can use to PoS stake in future ?
or still need a windows or linux wallet to stake.

Looking at it, I believe you can stake the coins in web wallet once PoS starts and I don't think you will need a windows or linux wallet if you prefer web wallet based staking.

[FURIOUSFRED]

10%?  Signatum had the exact same pre-mine, so I don't get the point.
Didn't know Signatum had a pre-mine?  It did.  2.5M coins, same as Magnatum.  The first 1000 blocks had a fixed virtually 0 difficulty level, which amounts to a pre-mine.

Signatum's first 1000 blocks were minable by everyone even with CPU (this is the official reason for the low diff ).
Magnatum devs just mined shit ton of blocks before even announcing the coin.
So no, it's not the same.

Please refer to the following post:
https://bitcointalk.org/index.php?topic=2030529.msg20364321#msg20364321
TL;DR
"as you can see he started mining before he posted the ANN"
"at the exact second of ANN was block 28"
"so somehow 28 different people mined 28 different blocks before the ANN was announced"
"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"


Also refer to the following post:
https://bitcointalk.org/index.php?topic=2030529.msg20311608#msg20311608
"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... "

10%?  Signatum had the exact same pre-mine, so I don't get the point.
Didn't know Signatum had a pre-mine?  It did.  2.5M coins, same as Magnatum.  The first 1000 blocks had a fixed virtually 0 difficulty level, which amounts to a pre-mine.

Signatum's first 1000 blocks were minable by everyone even with CPU (this is the official reason for the low diff ).
Magnatum devs just mined shit ton of blocks before even announcing the coin.
So no, it's not the same.

And you don't think the Signatum devs weren't mining like crazy?  Regardless, I really don't see the difference between devs getting those pre-mine coins or the public.  If anything, the devs are more likely to NOT sell them off. 

And really, 2.5M coins amounts to 1 week of mining.  Each week that passes makes that pre-mine less and less impactful.

https://i.imgur.com/5yl6gW0.jpg
https://i.imgur.com/g7EfsWo.jpg

Maybe you are right on this. I just checked the date of block 1 to block 1000, it is done in less than 30 minutes. About 2 seconds per blocks. But at least it is a real fair launch, because this thread is created before the date, and even devs were mining like crazy in these 30 minutes, there are still possible other miners into, unlike a real insta-mine, mine first launch later.

This thread was not created before blocks were mined. What is fair becomes subjective to each individual. Also refer to my previous response.

[altfinance]

10%?  Signatum had the exact same pre-mine, so I don't get the point.
Didn't know Signatum had a pre-mine?  It did.  2.5M coins, same as Magnatum.  The first 1000 blocks had a fixed virtually 0 difficulty level, which amounts to a pre-mine.

Signatum's first 1000 blocks were minable by everyone even with CPU (this is the official reason for the low diff ).
Magnatum devs just mined shit ton of blocks before even announcing the coin.
So no, it's not the same.

And you don't think the Signatum devs weren't mining like crazy?  Regardless, I really don't see the difference between devs getting those pre-mine coins or the public.  If anything, the devs are more likely to NOT sell them off. 

And really, 2.5M coins amounts to 1 week of mining.  Each week that passes makes that pre-mine less and less impactful.

Of course the SIGT devs should have mined like crazy. Why wouldn't they? They are the ones who will develop the coin. The difference between SIGT and its clones is that everyone was given a chance to mine like crazy when SIGT was launched. You can continue discussing the SIGT clones in their own threads. This is the SIGT thread.

It's all right if you try to improve upon a coin. But similar sounding name? Falsely claiming it's a fork of SIGT when it's not. I think there is something very wrong there.