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

[SunStruck]

I dont mind being protected by the mods , I rather don't want to be scammed all night long , not sure about you.

[1714935818]

1714935818

[switz]

You need to buy this coin while price is low and miners must hold all coins for a while for more profit.

Dont sell your coins, otherwise you will regret.

Dont forget, If you are patient, you will win.

[coiner21]

Just read through the steemit post, and I am happy that I didnt panick and still hold all my coins from the start =)

BIG THINGS INC!

https://steemit.com/cryptocurrency/@cr0wetic/signatum-getting-voted-to-novaexchange-come-see-what-all-the-hubbub-is-about#@oxygenius/re-cr0wetic-signatum-getting-voted-to-novaexchange-come-see-what-all-the-hubbub-is-about-20170813t112015123z

How is it big things if theyre planning on moderating their market? Safex is anonymous and doesnt moderate their users selling/buying activity. Sigt are going to need to compete with Safex if they want to be a top coin, which means they shouldn't moderate what people buy and sell on their market.

How are they even going to define "illegal" different things are illegal in different countries. What if someone from europe was selling flavored cigarrettes to someone in U.S.? thats illegal in one country and not in the other.

[kimoice]

I dont mind being protected by the mods , I rather don't want to be scammed all night long , not sure about you.

That's why an escrow and seller/buyer verified ratings and reviews should be used to prevent scams. Moderating "illegal" things means they will micromanage even legit transactions. Safex is anonymous and has no moderators, so if Sigt wants to compete with the chili blockchain market place, then they need to get rid of moderators.

@coiner, they shouldn't moderate what people buy and sell at all, regardless if it's illegal or not. To prevent scams they should only use an escrow and verified buyer/seller ratings.

[blissz]

And here is the update after 14 hours of mining.



What does this tell us? Krnlx has a bit more accepted shares compared to spmod5, but it looks like the reported hashrate is a little bit off

looking at the shares, krnlx is 1,5% faster compared to spmod 5
looking at the reported hashrate, krnlx is about 5% faster compared to spmod. (I used the reported hashrate by the miner, not the pool)

It still can be because of the luck, factor, but it can also be that the krnlx hashrate is a few percent to optimistic compared to spmod.

Still looking for testing spmod6 and CWI. Anyone can help me with that?)But will give the other suggested miners a try now.

[fr4nkthetank]

thanks for the study on hashrate my friend !  _SP isnt too happy in his thread and there is all kinds of FUD going on lol.  crypto drama queens everywhere.

[dodongminero]

FUD here, FUD everywhere.
just chill and hodl ur coins guys. 

[kimoice]

Just read through the steemit post, and I am happy that I didnt panick and still hold all my coins from the start =)

BIG THINGS INC!

https://steemit.com/cryptocurrency/@cr0wetic/signatum-getting-voted-to-novaexchange-come-see-what-all-the-hubbub-is-about#@oxygenius/re-cr0wetic-signatum-getting-voted-to-novaexchange-come-see-what-all-the-hubbub-is-about-20170813t112015123z

How is it big things if theyre planning on moderating their market? Safex is anonymous and doesnt moderate their users selling/buying activity. Sigt are going to need to compete with Safex if they want to be a top coin, which means they shouldn't moderate what people buy and sell on their market.

How are they even going to define "illegal" different things are illegal in different countries. What if someone from europe was selling flavored cigarrettes to someone in U.S.? thats illegal in one country and not in the other.

Very good point, laws apply to a territory. the main issue with blockchain projects is the legal compliance, looking forward to see how they manage that.

could one way be to implement legal codes in the blockchain through smart contracts I wonder if there is something out there like a "law blockchain" where national legal codes are implemented as a reference to make sure international transactions comply with the laws of the corresponding countries

Even if they had something like that, people can just trade through a VPN of a country that doesn't criminalize what they want to buy or sell. The simple solution is to forget about the laws, let people be responsible for themselves, we don't need daddy government monitoring our victimless actions.

[seasonw]

And here is the update after 14 hours of mining.



What does this tell us? Krnlx has a bit more accepted shares compared to spmod5, but it looks like the reported hashrate is a little bit off

looking at the shares, krnlx is 1,5% faster compared to spmod 5
looking at the reported hashrate, krnlx is about 5% faster compared to spmod. (I used the reported hashrate by the miner, not the pool)

It still can be because of the luck, factor, but it can also be that the krnlx hashrate is a few percent to optimistic compared to spmod.

Still looking for testing spmod6 and CWI. Anyone can help me with that?)But will give the other suggested miners a try now.

Thanks for your update again, seems like we can conclude krnlx is a real working miner.

You know what, someone (I don't want to mention the name) private message me, told me that krnlx with fake hashrate, he has tested with less shares earning and blah blah blah, but without a real test result as you did. Then ask me to try CWIminer, and donate him if I found info useful.

I believe you received the private message as well because I saw your name "blissz" in the message as well.

I don't mean to offense, but I really thank him to tell me any fact, better with detailed tested result. Or I will think someone want to cheat my coin for donation, or this is CWI pool owner.

[Linkka]

Maaan I'd buy up right now if I had the money... Good thing I'm still hodling what I bought at 700 sat 

[kimoice]

"You do know the history in the creation of TOR right - its fake privacy.  Many many of the entry and exit nodes are compromised..."

If Tor is fake privacy why are people comfortable buying and selling drugs and weapons on it? I think by now we would of heard abound the thousands being arrested if it wasn't private.

I assume that you know where the research fundings for tor project came from. Indeed there are a lot of news about arrested people, here a couple of recent reports from different countries, there are much more of course but you have to search for it :

• https://www.swissinfo.ch/eng/cybercrime_-darknet--drug-traffickers-arrested-in-switzerland/43396442
• http://www.dw.com/en/germany-arrests-alleged-darknet-purveyor-of-weapons-drugs/a-39216660
• http://news.sky.com/story/darknet-administrator-arrested-over-munich-massacre-gun-10913376
• http://www.securityweek.com/european-arrests-target-darknet-selling-drugs-arms-fake-ids

They were arrested because they left a trail or didn't use Tor properly. There isn't anyone who got caught that took all the right precautions.

[jimboscott]

You should use CWI 0.9.8 to mine SIGT, no exceptions)

Im getting pretty much exactly what whattomine calculates with this

Now that I have switched to the palginmod version of ccminer I am getting what the calculator says.  Of course, I only switched to it a little less than 4 hours ago.

Let me further quantify what I have seen.  My last 8 payouts of 50 coins took the following minutes to accomplish.  All were with the KRNLX version.  Top being the more recent figures.

335 minutes with KRNLX_170810
331 minutes with KRNLX_170810
329 minutes with KRNLX_170810
340 minutes with KRNLX_170810
360 minutes with KRNLX-80
362 minutes with KRNLX-80
392 minutes with KRNLX (some down time for tinkering)
383 minutes KRNLX (maybe some minor down time here too)

All of these were with reported hashrates from the miner of between 245 and 257 Mh/s.

I have now been running the NON-KRNLX palingmod ccminer, reporting 227 Mh/s for exactly 240 minutes and am 5 coins shy of 50.  I should come in on this next 50 coins in about 265 minutes.  That's 4 hours and 25 minutes versus an average above that is closer to 6 hours.  And, that 4 hours 25 minutes is almost exactly what the calculator projected while ALL of the previous 50 coin segments took 30-35% longer than what they should have.

I am not trying to do anything here but help.  Been reading for days about the strange discrepancies in calculated earnings versus real earnings.  Just trying to parse it all out in an open and transparent manner.  Everyone is looking for the best way to do this and I think something odd is going on here.  

Last three 50 coin payouts...  most recent at the top

270 minutes
285 minutes
265 minutes

I am now collecting my 50 coins in roughly one hour less time while my REPORTED hashrate is about 30 Mh/s less per hour.  

Draw any conclusions or lack thereof you want.  

[ItaCraft]

So which is better Verge, Z cash, Cloak, or Signatum for anonymity?

SIGT... Zcash devs can track transactions...
https://twitter.com/zooko/status/863202798883577856

[kenshirothefist]

Support for Skunk algorithm

NiceHash is introducing the immediate availability for buying and selling hashing power with Skunk algorithm. The Signatum coin can be mined by buying the Skunk algorithm hashing power. You can place orders and point them to any of your preferred Signatum pools.

Take a look here for more information: https://new.nicehash.com/news/204


Best regards,
kenshirothefist.

[kimoice]

So which is better Verge, Z cash, Cloak, or Signatum for anonymity?

SIGT... Zcash devs can track transactions...
https://twitter.com/zooko/status/863202798883577856

I knew Sigt was the most secure, the only thing that's annoying is theyre planning on monitoring their marketplace for "illegal" sales. Safex doesn't monitor anything, if Sigt didn't monitor their market place I'd be 99% certain they'd make the top 10 coins. If they make masternodes too then it might be able to compete with BTC and Eth.

[kimoice]

Check out Crowetic's article he wrote on steemit.

Here's the post:

https://steemit.com/cryptocurrency/@cr0wetic/signatum-getting-voted-to-novaexchange-come-see-what-all-the-hubbub-is-about#@oxygenius/re-cr0wetic-signatum-getting-voted-to-novaexchange-come-see-what-all-the-hubbub-is-about-20170813t112015123z

Here's the concerning quote:

"The market will have moderators to protect from illegal posts, and will ban with extreme prejudice anyone looking to scam or sell illegal items via the market.

SIGT may be an anon-privacy-focused coin, but that does NOT mean it supports illegal activity. We are merely protecting the privacy of our users, allowing them their right to privacy."

The whole point of anonymous currency is to do illegal trades with it, so they're screwing it up by monitoring the market place. They should do what Safex will do and let an escrow and verified reviews and ratings help users avoid scams.

[semtexzv]

Support for Skunk algorithm

NiceHash is introducing the immediate availability for buying and selling hashing power with Skunk algorithm. The Signatum coin can be mined by buying the Skunk algorithm hashing power. You can place orders and point them to any of your preferred Signatum pools.

Take a look here for more information: https://new.nicehash.com/news/204


Best regards,
kenshirothefist.

Is the server not up yet ? I tried connecting with netcat but no cigar.

[ItaCraft]

So which is better Verge, Z cash, Cloak, or Signatum for anonymity?

SIGT... Zcash devs can track transactions...
https://twitter.com/zooko/status/863202798883577856

I knew Sigt was the most secure, the only thing that's annoying is theyre planning on monitoring their marketplace for "illegal" sales. Safex doesn't monitor anything, if Sigt didn't monitor their market place I'd be 99% certain they'd make the top 10 coins. If they make masternodes too then it might be able to compete with BTC and Eth.

The official marketplace will be monitored because the devs dont want problems, but the marketplace will be 100% opensource, soo anyone can copy it and make it for illegal things

Masternodes needs hardfork...

[kimoice]

So which is better Verge, Z cash, Cloak, or Signatum for anonymity?

SIGT... Zcash devs can track transactions...
https://twitter.com/zooko/status/863202798883577856

I knew Sigt was the most secure, the only thing that's annoying is theyre planning on monitoring their marketplace for "illegal" sales. Safex doesn't monitor anything, if Sigt didn't monitor their market place I'd be 99% certain they'd make the top 10 coins. If they make masternodes too then it might be able to compete with BTC and Eth.

The official marketplace will be monitored because the devs dont want problems, but the marketplace will be 100% opensource, soo anyone can copy it and make it for illegal things

Masternodes needs hardfork...

Phew, that's a relief. This coin is going to be killing it then. I sold my Safex, Verge, and cloak for Sigt.

[junior.masters]

Wow!
With nicehash miners now jumping on SIGT, POS Will be Very sooner right? So price Will rise sooner too, and i think right now is the Perfect time to buy ?
Since im newbie, i would like to hear yours opinions about that guys