SUP SuperiorCoin Mining Discussion

[nathansenn]

Superior Coin

Webwallet | Website | GUI and CLI wallet 32bit/64bit | CPU Miner | Wolf GPU Miner Radeon | CC GPU Miner NIVIDA | SUP MultiMiner 64bit | Paper Wallet
Facebook | Twitter

Launched on July 1, 2017

Exchange Oct 17th 2017 SouthXchange
Exchange Nov 14th 2017 Stocks.exchange
Exchange Dec 3th 2017 BTC-Alpha



ForkV1-4 Release - (07/01/2017)
ForkV6 Release - (11/25/2017)
ForkV7 Release - (04/15/2018

Features:
Untraceable payments
Unlinkable transactions
Blockchain analysis resistance
Adaptive parameters

Pool Info:   superiorcoinpool , sup.infinity-pools , superiorcoin.minandoando , sup.leafpool , sup.cryptomineros , Team Test ,  superiorpool.tok , sup.easystem-hk , superior.superpools

Blockchain Info: http://superior-coin.info:8081

Summary

PRIVATE, SECURE AND SCALEABLE
Superior Coin is a secure, private, untraceable currency. Unlike many crypto currencies that are derivatives of Bitcoin, Superior Coin is based on the CryptoNote protocol and possesses significant algorithmic differences relating to blockchain obfuscation. Superior Coins main emission curve will have issued about 1.5 billion coins to be mined in over 30+ years. Superior Coin protects privacy in three ways for all transactions on the network: 1 ring signatures hide the sending address, 2 RingCT hides the amount of the transaction, and 3 stealth addresses hide the receiving address of the transaction.

WHY PRIVACY MATTERS
Superior Coin daemon uses the original CryptoNote protocol except for the initial changes (as the block time and emission speed). The protocol itself is based on "one-time ring signatures" and stealth addresses. The underlying cryptography is essentially Daniel J. Bernstein's library for Ed25519, which is Schnorr signatures on the Twisted Edwards curve. The end result is passive, decentralised mixing based on heavily-tested algorithms. However, several improvements were made which covered the proper use of ring signatures for better privacy. Specifically, "a protocol-level network-wide minimum mix-in policy of n = 2 foreign outputs per ring signature", "a nonuniform transaction output selection method for ring generation" and "a torrent-style method of sending Superior Coin outputs".

REGULATORY COMPLIANCE
Superior Coin features an opaque blockchain (with an explicit allowance system called the viewkey), in sharp contrast with transparent blockchain used by any other cryptocurrency not based on CryptoNote. Thus, Superior Coin is said to be "private, optionally transparent". On top of very strong privacy by default, such a system permits net neutrality on the blockchain (miners cannot become censors, since they do not know where the transaction goes or what it contains) while still permitting auditing when desired (for instance, tax audit or public display of the finances of an NGO) Furthermore, Superior Coin is considered by many to offer truly fungible coins. In Short giving your view key can allow some one to view your transactions with out being able to access your coins.

Superior Coin is powered strictly by Proof of Work, but specifically, it employs a mining algorithm that has the potential to be efficiently tasked to billions of existing devices (any modern x86 CPU).] Superior Coin uses the CryptoNight Proof of Work (PoW) algorithm, which is designed for use in ordinary CPUs.[32] The smart mining forthcoming feature will allow transparent CPU mining on the user's computer, far from the de facto centralization of mining farms and pool mining, pursuing Satoshi Nakamoto's original vision of a true P2P currency. Superior Coin has no hardcoded limit, which means it doesn't have a 1 MB block size limitation preventing scalability. However, a block reward penalty mechanism is built into the protocol to avoid a too excessive block size increase: The new block's size (NBS) is compared to the median size M100 of the last 100 blocks. If NBS>M100, the block reward gets reduced in quadratic dependency of how much NBS exceeds M100. E.g. if NBS is [10%, 50%, 80%, 100%] greater than M100, the nominal block reward gets reduced by [1%, 25%, 64%, 100%]. Generally, blocks greater than 2*M100 are not allowed, and blocks <= 60kB are always free of any block reward penalties.

Wallet (v1.0)
Windows Installer (x32/x64): http://the-superior-coin.com/Downloads/SuperiorCoin.zip
Mac OS X: http://the-superior-coin.com/Downloads/superiorcoin_MAC-gui.app.zip

Block chain: http://the-superior-coin.com/bin/blockchain.zip

Logo:

http://the-superior-coin.com/images/Superior.png

Specifications
Symbol: SUP

Proof of Work (PoW)

• The new block's size (NBS) is compared to the median size M100 of the last 100 blocks
• CryptoNight Proof of Work (PoW) algorithm
• Block time - 2 minutes
• CryptoNote Difficulty adjustment per block

Total supply: 1.5 billion
Emition Rate 35+ years
Pre-Mine 300 Million


How is the pre-mine distributed?

• 100Million Sold in Pre Sell
  
  • To be dripped out daily.
• 200Million lock_transfer
  
  • Locked on a 4 year cycle where 1.8% are unlocked per month. Of that 1.8% ,  distributed as follows;  0.45%  to reward users on our platform, the other 1.35% will be lock_transfered back into the blockchain for another 4 years, where the cycle will repeat itself.

Github

• Source: https://github.com/thesuperiorcoin
• Superior Daemon CLI RPC Wallet: Windows 64, 32, Mac OS X, Linux 64, Source, Github release
• CPU and GPU Miner: Windows 64, 32, Mac OS X, Linux 64, Source, Github release
• Superior Blockchain Explorer
• Superior Coin Mining Pool
• Pool Merge Mining Theory

Code:

minerd -a cryptonight -o stratum+tcp://52.168.91.103:7777 -u YOUR_WALLET_ADDRESS -p x

Pools
Superior-Coin Mining Pool
Superior-Coin Alt Mining Pool


Block Explorer
SuperiorCoin Blockchain Explorer

Update & News


November 24, 2017 : Fork to V6 on Block 101000 Download new wallet https://the-superior-coin.com/Downloads/SuperiorCoin.zip
September 5, 2017: To the Holders of Superior Coin https://www.facebook.com/TheSuperiorCoin/posts/721825484675958
September 2, 2017: To the Holders of Superior Coin https://www.facebook.com/TheSuperiorCoin/posts/720549298136910
August 11, 2017: To the Holders of Superior Coin https://web.facebook.com/TheSuperiorCoin/posts/711797065678800
August 08, 2017: To the Holders of Superior Coin https://web.facebook.com/TheSuperiorCoin/posts/710551632470010
August 01, 2017: To the Holders of Superior Coin https://web.facebook.com/TheSuperiorCoin/posts/707515416106965
July 28, 2017: To the Holders of Superior Coin https://web.facebook.com/TheSuperiorCoin/photos/706043606254146
July 26, 2017: To the Holders of Superior Coin https://web.facebook.com/TheSuperiorCoin/posts/705193176339189



[ANN SUP] Superior Coin
https://bitcointalk.org/index.php?topic=2088169.0

WorldCoinIndex

CoinMarketCap

Japanese Translation 日本語
https://bitcoingarden.org/forum/index.php?topic=20128
https://bitcointalk.org/index.php?topic=2235986

[mps01k]

All mining needs here.

[nathansenn]

Here is link to Original ANN

[ANN SUP] Superior Coin
https://bitcointalk.org/index.php?topic=2088169.0

[nathansenn]

SuperiorCoin is proud to announce that it's are finally listed on an exchange. SuperiorCoin is talking with other exchanges also, for the moment you can trade at https://www.southxchange.com/Market/Book/SUP/BTC We thanks Southexchange for their kind help and expediente listing.

[nathansenn]

Reserved

[divedaucd]

how long the in-house exchange complete for miners trade, dev?

[BonTonPlease]

Has the incorporation of the company that is going to back or represent the exchange already been planned out or is that still far ahead?

[espargon]

Following and mining this coin to see what happens.

[Children of Gaia]

There is just few people in this topic. Previous was more popular.

[mrreese]

i have 800 Mhs in Ethash, i come to mine your coin in few day

[mps01k]

how long the in-house exchange complete for miners trade, dev?

Within the month of September should have trading engine tweaked. Can purchase ICO coins on site already in lots.

[mps01k]

i have 800 Mhs in Ethash, i come to mine your coin in few day

Great SuperiorCoin uses CryptoNite algorithm.

[mps01k]

Has the incorporation of the company that is going to back or represent the exchange already been planned out or is that still far ahead?

It is in the works. Has been planned, and is being formulated.

[nathansenn]

Following and mining this coin to see what happens.

Great!! What hardware and software are you using?

[Asinetwork]

i have 800 Mhs in Ethash, i come to mine your coin in few day

Great SuperiorCoin uses CryptoNite algorithm.

How can I mine this on Mac, I don't see your software for that?

[mrreese]

i have 800 Mhs in Ethash, i come to mine your coin in few day

Great SuperiorCoin uses CryptoNite algorithm.

you think i can use ethos for mine it ?

[edwardspitz]

i have 800 Mhs in Ethash, i come to mine your coin in few day

Great SuperiorCoin uses CryptoNite algorithm.

you think i can use ethos for mine it ?

I have never tried Ethos, but I know it is linux based. I'm using xmr-amd-stak (https://github.com/fireice-uk/xmr-stak-amd) to mine SuperiorCoin on Ubuntu 16.

[m4ever]

While the FB page for Superior Coin is informative - IMO, it also lacks any deeper look at things...I'd like to use this forum for starting that discussion if one exists beyond my observations.

First...I find it a bit unusual for a coins discussion to only be in the mining section - as this coin has plenty to be discussed. As someone who put a tiny amount of Bitcoin into this "idea" over 6 months ago - I won't re-hash the endless drama that damaged the potential for the coin - but again..find it a bit unusual that the drama in the previous bitcointalk page isn't linked to ...to make sure folks are fully informed of their potential investment. That said, I respect the decision to drop the drama unless one is obsessed to find the crappola at this point via search.

But that is past.

Personally I've already taken advantage of the offer for those who want to sell their ICO coins on the https://kryptonia.io/home exchange - and can verify it works and one can then transfer the bitcoin to any outside wallet (with a 24 hour delay). As with any market, I have no idea who bought my ICO coins or any of the other couple thousand of dollars worth by many other sellers - so importantly, perhaps, someone is buying the developing coin from prices ranging from about a 1/2 cent USD to a penny. That can be seen here by paging down the page https://kryptonia.io/option#sell  - that said, it is quite glaring that no sales of significance have occurred in the last few days, perhaps they are waiting for the exchange to be finished...indeed...it's worthy of asking will the internal exchange be finished before the listing(s) on a public exchange? ...and what's the update for that..seems things are shown on the Facebook page about paying the exchangeS...yet no update lately on this, folks are antsy .....both reasons are possibly the reason the sales seems to be grounding to a halt (or is it the complicated formula for when someone has access to their coins?)......it's also worthy of pointing out a couple things about the "vote"area of https://kryptonia.io/home#vote - it purports to allow one vote per day per question...I've found that isn't true at all...you get to vote once on each and once only - there is NO daily vote. And, the idea of giving those votes "weight" based on how many coins someone bought and hold via the ICO is hardly "fair" (is someone who bought 1000 coins for 12 bucks worth 10 times less than someone with a 10000, I doubt it, let alone compared to those who hold millions) and has produced some entirely unrealistic expectations IMO...such as the result shown for "what should the lowest price be on Sales Of Holdings" - with 4 to 8 cents USD holding the vast majority of vote power. (who has the chance to set any minimum price on any exchange too, what a strange question?)

What dream are voters living in? (again coins are selling for less than a cent...except for a few small sales priced higher - which begs another question...are sellers so dumb to not break their offerings into smaller packages...right now the lowest priced ICO coins being released for sale require a buy in of hundreds of dollars, that too might be limiting sales) --- waiting for someone to bite off a 1000 dollar wall is hardly a good place for action.

Likewise...the vote "timed coin release question" IMO is suspicious...one vote, based on this methodology, could be what holds the power...is that fair not showing the real vote total too (?)...it seems to make it all obscure on a coin that should be transparent at this point of time........ anyway...I think a discussion about the unique 6 to 10 month release is worthy of discussion here and on the FB page (could it actually produce real value?).

Finally a couple more suggests and observations - I'd suggest to those wanting to sell their ICO coins - to sell in ten to 50 dollar chucks, something more palatable to new investors or strong ICO holders and  believers, - not 800 dollar chunks, if one looks realistically at the coins for sale, it is just a fraction of the total ICO.. lots of folks WANT to hold..however....https://kryptonia.io/home#all-task also is in dire need of a marketing strategy 24/7 - I don't profess to know exactly what that would look like...but if the value of this coin is to largely be based on an exchange of tasks/coin value - then the Superior Coin team should be aggressively being involved here to establish that basis (remember how steemit and  paypal came into existence...basically, gave away money - in steemit's case the early adopters were so well compensated that it created word of mouth...checking out blog posts for a penny or less is unlikely to cause a stir.)....one last thing...IF a real market can be established (ebay products and amazon products) via payment in Superior Coin https://kryptonia.io/market - as is I assume that plan..one should be promoting when this can be expected and talking it up in conjunction with much enhanced tasks.  

[Children of Gaia]

Can't login into website - no confirmation letter on my mail.

[zefirka]

Can't login into website - no confirmation letter on my mail.

all work fine.