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Author Topic: [ANN] Signatum - New Algorithm - Fair Launch - No Premine  (Read 823876 times)
dbc23
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July 25, 2017, 04:02:17 AM
 #1041

Wow, this sucker came from outta nowhere and is BLOWING UP.  The price surprises me less than the growth of this thread and market volume.  For such a new coin this is fun to watch.
oslak
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July 25, 2017, 04:04:19 AM
 #1042

Wow, this sucker came from outta nowhere and is BLOWING UP.  The price surprises me less than the growth of this thread and market volume.  For such a new coin this is fun to watch.
Really fun to watch.
carwilva
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July 25, 2017, 04:07:20 AM
 #1043

clearly clon of denarius   Roll Eyes  
even the web design  is there a carsenk finger print Smiley
enkayz
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July 25, 2017, 04:07:33 AM
 #1044

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 Smiley


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

hashbag.cc - where do you put your hash? region based stratums available now: https://bitcointalk.org/index.php?topic=2044808.new
carwilva
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July 25, 2017, 04:13:45 AM
 #1045

wait why this coin have 24,350,013 SIGT supply  if was not premine?
this supply is even tighter that a premine?
can some one explain this please?
oslak
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July 25, 2017, 04:18:45 AM
 #1046

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 Smiley


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  Cheesy Cheesy Cheesy

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. Smiley




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.
IncludeBeer
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July 25, 2017, 04:25:29 AM
 #1047

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

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
enkayz
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July 25, 2017, 04:31:41 AM
 #1048

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 Smiley


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  Cheesy Cheesy Cheesy

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. Smiley




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

hashbag.cc - where do you put your hash? region based stratums available now: https://bitcointalk.org/index.php?topic=2044808.new
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July 25, 2017, 04:31:51 AM
 #1049

does the .conf file have to be a certain name to work? trying to add more nodes atm got 2 connections Sad


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July 25, 2017, 04:38:07 AM
 #1050

so far a lot of people have been joining the ecosystem. Growing well so far, got to keep observation of this!
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July 25, 2017, 04:43:37 AM
 #1051

Just so everyone knows:


1st Halving is scheduled for August 21st
2nd Halving is scheduled for October 1st
POS goes full effect on November 26th

Give or take a day likely, but given 2 min blocks that's when it should happen.

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July 25, 2017, 04:46:21 AM
 #1052

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 Smiley


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  Cheesy Cheesy Cheesy

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. Smiley




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.
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July 25, 2017, 04:58:34 AM
 #1053

Price is very strange:) Taking into account that over 24 millions of coins already supplied and mining still easy. Awaiting great pump and dump! Coin is not very popular, but somebody with few hundreds of btc supporting the price:)
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July 25, 2017, 05:02:41 AM
 #1054

230 btc volume already  Wink

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July 25, 2017, 05:11:05 AM
 #1055

Looks like 5k satoshi was a maximum price for this coin, should sell it earlier ((


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July 25, 2017, 05:11:33 AM
 #1056

230 btc volume already  Wink
yes,btc volume  is good
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July 25, 2017, 05:16:08 AM
 #1057

Looks like 5k satoshi was a maximum price for this coin, should sell it earlier ((



Why?... this is only first pump/dump wave... that doesn't implies 5k satoshi is the maximum... but as you wish... you can sell if you want  Grin
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July 25, 2017, 05:18:18 AM
 #1058

what wrong with mining  on Radeon? Bat looks work , but nothink  ( no shares) 2xHD7950 3GB
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July 25, 2017, 05:21:27 AM
 #1059

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 Smiley


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  Cheesy Cheesy Cheesy

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. Smiley




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!

hashbag.cc - where do you put your hash? region based stratums available now: https://bitcointalk.org/index.php?topic=2044808.new
BluRPie
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July 25, 2017, 05:25:50 AM
 #1060

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?
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