GRAFT - Universal Payment Processing Network

[graft-project]

LATEST TESTING RESULTS OF THE ENHANCED DIFFICULTY ADJUSTMENT ALGORITHM

The upcoming GRAFT network update will take care of problems with hashrate attacks and instability of block intervals (in addition to ASIC resistance upgrade). We would like to share the most recent results of the new difficulty algorithm testing on the testnet. The first graph shows how the existing algorithm slowly adjusts to multiple spikes of the network hashrate:



The second graph shows how the upgraded algorithm quickly reacts to virtually any change of the network hashrate:



The release candidate build is finalized but we are still in a process of testing of the upcoming network update. We are still on track to release it next week, stay tuned to get further notifications about specific date/time. By the way, if you haven’t seen it yet, here is the most up to date and detailed GRAFT engineering roadmap.

[zeef]

LATEST TESTING RESULTS OF THE ENHANCED DIFFICULTY ADJUSTMENT ALGORITHM

The upcoming GRAFT network update will take care of problems with hashrate attacks and instability of block intervals (in addition to ASIC resistance upgrade). We would like to share the most recent results of the new difficulty algorithm testing on the testnet. The first graph shows how the existing algorithm slowly adjusts to multiple spikes of the network hashrate:

https://www.graft.network/wp-content/uploads/2018/04/graft_old-768x384.png

The second graph shows how the upgraded algorithm quickly reacts to virtually any change of the network hashrate:

https://www.graft.network/wp-content/uploads/2018/04/graft_new-768x384.png

The release candidate build is finalized but we are still in a process of testing of the upcoming network update. We are still on track to release it next week, stay tuned to get further notifications about specific date/time. By the way, if you haven’t seen it yet, here is the most up to date and detailed GRAFT engineering roadmap.

Nice work.

Today wil be an fork to asic resistante? or will be next week? or will be a master release for node is the node software, which has to be updated *before* the fork to give time for pools to ugprade .. Im confused.. xD

[NChink]

oh no

Code:

 [eu.mine.graft.network:5555] CONNECT error: No connection could be made because the target machine actively refused it.

Changes coming up already?

I'm on XMR-STAK 2.4.2 (latest), just waiting for the monero7 switch.

[graft-project]

oh no

Code:

 [eu.mine.graft.network:5555] CONNECT error: No connection could be made because the target machine actively refused it.

Changes coming up already?

I'm on XMR-STAK 2.4.2 (latest), just waiting for the monero7 switch.

Current tentative block for network update is : 67130

[Atomicc]

So, no fork until next week... if You check the diff, and daily income,  ASICs are majority of Graft network... price falls on both exchanges...

[graft-project]

GRAFT 1.1.0 ‘BETA LYRAE’ HAS BEEN RELEASED

We are excited to announce the release of major GRAFT network update version 1.1.0 ‘Beta Lyrae’ to the master / mainnet! Multiple tests are passed, and all the seed nodes are updated. The major network update itself is scheduled for block height 67850, about a week from now on April 17th. Each GRAFT network node must be updated to the new software version before that block/date, otherwise, the node that wasn’t updated is going to be on the wrong version of the blockchain. This release contains the ASIC-resistance changes in the hashing algorithm and enhanced difficulty adjustment algorithm, which are supposed to protect GRAFT blockchain from most hashing attacks and stabilize the block intervals.
As another reminder, major network update means that if you are running the GRAFT network node (graftnoded daemon), you must upgrade it to the current software release between now and April 17th. If you do not install the updated node before April 17th, it will be disconnected from the mainnet after block 67850. In order to check whether you are running the right version of GRAFT software, launch graftnoded daemon in terminal window (in interactive mode) and type help command. If you are running the right version you should see Graft ‘Beta Lyrae’ (v1.1.0-29ae686) in the first line of the help result. Note that the users of mobile and desktop GRAFT wallets apps are not affected by the upcoming network update and don’t need to do anything – as long as they are still connected to the default proxy supernodes (if you are connected to your own supernode, however, do not forget to upgrade the underlying network node).

And finally, we would like to thank everyone from GRAFT community who contributed to the first major GRAFT network update by providing their feedback! We appreciate your support! We look forward to working together on our next major milestone – alpha and beta releases of RTA (real-time authorization) functionality of full supernodes. Stay tuned!

https://www.graft.network/2018/04/10/graft-1-1-0-beta-lyrae-released/

[graft-project]

GRAFT IS NOW TRADED ON STOCKS.EXCHANGE FOR BTC AND ETH

We’re happy to announce that GRFT is now traded on Stocks.Exchange as our second external exchange with support for BTC and ETH pairs.*

External exchanges play an important role for any token by providing liquidity for miners and a way for new people to get involved with the project, and we want to offer a well-balanced, diversified set of trading exchanges with few more becoming available soon. Having said that, our main focus is on building out the product and the eco-system, including integrating with decentralized exchanges (DEX) in order to achieve the very important in-network interchange and payout functionality.

* Please note that current Stocks.Exchange integration is limited to CLI wallets for GRFT deposits. We’re working with Stocks.Exchange on implementing integrated addresses which include both the receive address and the Payment ID. Integrated addresses are already supported in all GRAFT wallet apps.


https://www.graft.network/2018/04/10/graft-now-traded-stocks-exchange-btc-eth/

[joae1975]

If we have not moved our pre-ico gft tokens to a grft wallet, should we do so?  I'm worried there will be a deadline for this.  Is there? 

[graft-project]

If we have not moved our pre-ico gft tokens to a grft wallet, should we do so?  I'm worried there will be a deadline for this.  Is there?  

Deadline have yet to publish but likely in the next month or so .
Please move your tokens from the mosaic to your Graft wallet ASAP
https://www.graft.network/2018/02/23/exchange-grftokens-grft-tokens/


Also thank you for your support .

[bitofc]

GRAFT IS NOW TRADED ON STOCKS.EXCHANGE FOR BTC AND ETH

We’re happy to announce that GRFT is now traded on Stocks.Exchange as our second external exchange with support for BTC and ETH pairs.*

External exchanges play an important role for any token by providing liquidity for miners and a way for new people to get involved with the project, and we want to offer a well-balanced, diversified set of trading exchanges with few more becoming available soon. Having said that, our main focus is on building out the product and the eco-system, including integrating with decentralized exchanges (DEX) in order to achieve the very important in-network interchange and payout functionality.

* Please note that current Stocks.Exchange integration is limited to CLI wallets for GRFT deposits. We’re working with Stocks.Exchange on implementing integrated addresses which include both the receive address and the Payment ID. Integrated addresses are already supported in all GRAFT wallet apps.


https://www.graft.network/2018/04/10/graft-now-traded-stocks-exchange-btc-eth/

good news! one more exchange to trade our GRFT!

[CryptoCoin101]

oh no

Code:

 [eu.mine.graft.network:5555] CONNECT error: No connection could be made because the target machine actively refused it.

Changes coming up already?

I'm on XMR-STAK 2.4.2 (latest), just waiting for the monero7 switch.

Current tentative block for network update is : 67130

I'm also waiting for the algo switch, anti-ASIC.

Block 67130 is approximately on April 17, 2018

[graft-project]

oh no

Code:

 [eu.mine.graft.network:5555] CONNECT error: No connection could be made because the target machine actively refused it.

Changes coming up already?

I'm on XMR-STAK 2.4.2 (latest), just waiting for the monero7 switch.

Current tentative block for network update is : 67130

I'm also waiting for the algo switch, anti-ASIC.

Block 67130 is approximately on April 17, 2018

Please note that was a tentative block .
We have now locked the network upgrade to block 67850 .
https://www.graft.network/blog/

[graft-project]

oh no

Code:

 [eu.mine.graft.network:5555] CONNECT error: No connection could be made because the target machine actively refused it.

Changes coming up already?

I'm on XMR-STAK 2.4.2 (latest), just waiting for the monero7 switch.

GRAFT COMMUNITY MINING POOL – REQUIRED MINER CONFIGURATION CHANGE AND SOFTWARE UPDATE
GRAFT Community Mining Pool (http://grftpool.com) has been updated to comply with the upcoming major network update which will change the hashing algorithm on April 17 (block 67850). In order to continue mining (even now, before the network update took place) you should update your miner’s configuration (and software if necessary) to be compliant with the recent changes. THe new version of the miner with the new configuration is suppsoed to continue working after the network update as well, without additional changes. You should change the current mining algorithm setting from “graft” (if you use XMR-Stak miner) or “cryptonight” (for other miners) to “monero7”. If your version of miner doesn’t support this algorithm, you need to update it to the latest version. Almost all popular miners already support “monero7” algorithm.

[qqqua]

oh no

Code:

 [eu.mine.graft.network:5555] CONNECT error: No connection could be made because the target machine actively refused it.

Changes coming up already?

I'm on XMR-STAK 2.4.2 (latest), just waiting for the monero7 switch.

GRAFT COMMUNITY MINING POOL – REQUIRED MINER CONFIGURATION CHANGE AND SOFTWARE UPDATE
GRAFT Community Mining Pool (http://grftpool.com) has been updated to comply with the upcoming major network update which will change the hashing algorithm on April 17 (block 67850). In order to continue mining (even now, before the network update took place) you should update your miner’s configuration (and software if necessary) to be compliant with the recent changes. THe new version of the miner with the new configuration is suppsoed to continue working after the network update as well, without additional changes. You should change the current mining algorithm setting from “graft” (if you use XMR-Stak miner) or “cryptonight” (for other miners) to “monero7”. If your version of miner doesn’t support this algorithm, you need to update it to the latest version. Almost all popular miners already support “monero7” algorithm.

there is no option on xmr stak to force variant1, monero7 will only work if node returns block version 7 which i think you already have with variant0 algo; so monero7 will not work until switch to variant1 happens, and will not work if you change blockchain version to 8 after fork

[annapotpot]

Looks like the Monero asics are mining on Graft now: https://www.difficultychart.com/graft

The difficulty doubled or tripled in just a day.

[dingdongtobias]

We are getting closer to the expected network update

Current tentative block for network update is : 67130
Currently tentative master release for node is April 10th 12:00 CST .

The team completed an update to the public testnet.
A temporary new pool for mining functionality test is available here : https://35.162.94.227  

We recommend all miners to get their rig ready and conduct some mining testing ;

1. Please upgrade your miner ( current recommendation is XMR-STAK 2.4.2 , https://github.com/fireice-uk/xmr-stak/releases/tag/2.4.2)
2. Under the “pool.txt” file change the “currency” to “monero7” .
3. Point miner to : 35.162.94.227  
4. Use your own testnet address or our address for testing :    F9axfuMSRJkjVBxtaQDGGxCagRRrjufor4rEiC8txf3n9669L8MKUYPhXQKjABMS9pC4tnQ6EMiiP42 nesH5zzYiSv65RLK

~ Pool does not payout (this is to avoid any confusion in regard to funds mined at testnet) ~

Compatible Miners :

1. XMR-Stak 2.4.2 - https://github.com/fireice-uk/xmr-stak/releases/tag/2.4.2

2. Cast XMR 0.9.2  - https://bitcointalk.org/index.php?topic=2256917.0

3. XMRIG-NVIDIA 2.5.2 - https://github.com/xmrig/xmrig-nvidia

4. XMRIF-AMD 2.5.2 - https://github.com/xmrig/xmrig-amd

5. Claymore AMD 11.3 (Linux only) - https://bitcointalk.org/index.php?topic=638915.0

6. Claymore CPU 4.0 - https://bitcointalk.org/index.php?topic=647251.0

SRBminer is also compatible with the 'new' algo.

Example config file for testing:

{
"cryptonight_type" : "normalv7",
"intensity" : 0,
"double_threads" : false,
"pool" : "minetest.graft.network:3333",
"wallet" : "F9axfuMSRJkjVBxtaQDGGxCagRRrjufor4rEiC8txf3n9669L8MKUYPhXQKjABMS9pC4tnQ6EMiiP42 nesH5zzYiSv65RLK",
"password" : "x",
"location" : "europe"
}

[korm]

Looks like the Monero asics are mining on Graft now: https://www.difficultychart.com/graft

The difficulty doubled or tripled in just a day.

at such a price, the GPU mining does not make any sense

[muffinman1552]

Looks like the Monero asics are mining on Graft now: https://www.difficultychart.com/graft

The difficulty doubled or tripled in just a day.

at such a price, the GPU mining does not make any sense

I feel like this project just isn't up to scale for any of us in a practical sense yet at all. It's nice to keep an interest in what is ultimately a perfect idea in concept, however the function of this coin and it's place in the market is not clearly defined yet (if at all) with this project. The Market parameters are not ideal, the algorithm isn't finished yet; and the GUI is a community standard template with little or no public appeal. There is a massive overhaul necessary to make this thing do what it's supposed to do. I want to see this project take on Walmart and Starbuck's franchise P.O.S. technology as well as small business or local vendor. It is all very possible. I'm concerned about the obstacles evident so early in this process.

[bovineplane]

Looks like the Monero asics are mining on Graft now: https://www.difficultychart.com/graft

The difficulty doubled or tripled in just a day.

at such a price, the GPU mining does not make any sense

I feel like this project just isn't up to scale for any of us in a practical sense yet at all. It's nice to keep an interest in what is ultimately a perfect idea in concept, however the function of this coin and it's place in the market is not clearly defined yet (if at all) with this project. The Market parameters are not ideal, the algorithm isn't finished yet; and the GUI is a community standard template with little or no public appeal. There is a massive overhaul necessary to make this thing do what it's supposed to do. I want to see this project take on Walmart and Starbuck's franchise P.O.S. technology as well as small business or local vendor. It is all very possible. I'm concerned about the obstacles evident so early in this process.

And Amazon once only sold books and lost money for years. The point isnt that anyone knows Graft will win and become Visa. The point is that Graft could win and become Visa. Crypto is a gamble. Betting on Graft is like buying a lottery ticket. It might pay off and it might not.

[graft-project]

PATCH 1.1.1 HAS BEEN RELEASED – MAJOR NETWORK UPDATE ON BLOCK 65110
We decided to make the major network update sooner in order to minimize the possibility of hashrate attacks. Patch version 1.1.1 is now released and available for download from master. The major network update itself is rescheduled for block height 65110, around April 14th.
Each GRAFT network node must be updated to the new software version before that block/date, otherwise, the node that wasn’t updated is going to be on the wrong version of the blockchain. This release contains the ASIC-resistance changes in the hashing algorithm and enhanced difficulty adjustment algorithm, which are supposed to protect GRAFT blockchain from most hashing attacks and stabilize the block intervals.

As another reminder, major network update means that if you are running the GRAFT network node (graftnoded daemon), you must upgrade it to the current software release between now and April 14th. If you do not install the updated node before April 14th, it will be disconnected from the mainnet after block 65110.

In order to check whether you are running the right version of GRAFT software, launch graftnoded daemon in terminal window (in interactive mode) and type help command. If you are running the right version you should see Graft ‘Beta Lyrae’ (v1.1.1-release) in the first line of the help result.

Note that the users of mobile and desktop wallets are not affected by the upcoming network update and don’t need to do anything – as long as they are still connected to the default proxy supernodes (if you are connected to your own supernode, however, do not forget to upgrade the underlying network node).


https://www.graft.network/2018/04/12/patch-1-1-1-released-major-network-update-block-65110/