[ANN] PoS-N: Multiple PoS Experiment -- Mining Finished -- Full PoS

[multipos]

PoS-N

About

PoS-N not a coin. It is a blockchain with many coins. It is PURELY EXPERIMENTAL and no currencies on the chain may have any value whatsoever. The developer makes no promises to develop any infrastructure except a seed node and block crawler. Mine these currencies if you want to participate in this experiment.In this sense, it is very similar to bitcoin, in that the only value at the time of launch is what knowledge may come of the experiment.

If you want to mine coins on this chain only to dump them as soon as they hit an exchange YOU WILL HAVE TO DO THE WORK TO GET THE COINS YOU MINE LISTED. The goal of the experiment is NOT to make money for miners. Period. Miners need to form communities around their coins and do the work to make money. Remember: It is an experiment, and the only thing I will attempt to do is to make sure mining works, is fair, and that PoS will work.

So what is the experiment? The experiment is to find out the optimal interest rate for a proof of stake coin. Miners will mine the chain, and mine a different random currency with a different stake rate. Staking begins after the mining period.  The interest rates of the various coins in the random rotation follow the Fibonacci sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597.

Because Every block miners (scrypt) will randomly mine one of many currencies, I don't know how pools will react or properly distribute currencies according to mining power.  I anticipate some confusion and perhaps errors with distribution from pools, so mine to pools at your own risk, and please do not blame pool operators for any problems in distribution. It will most likely not be their fault. Pools may or may not want to bother trying to adapt pool software to this chain. Whether they do or not has the same effect on everyone mining, so the process will be still be fair.

Mining is a flat reward for the currencies so that the last block will earn the same as the first block. Currencies in the random rotation are awarded 9375 coins per block. All currencies in the random rotation will have 63,000,000 money supplies at the end of mining.

I had to pick a currency for the GUI (which I needed for so-called "fair launch", this currency has the ticker of PSN, named after the chain. It is merely a matter of convenience and because it has an inflation rate of 1%, being the lowest number of the Fibonacci sequence. If you want to mine only this currency or any currency, set the mineonly flag to PSN in the config file. Even if you don't set the flag, you will randomly mine PSN.

My goal in choosing PSN for the GUI was not to play favorites, but to have a default currency for noobs who want to look at a GUI wallet. I also guessed that 1% interest rate may not be a great incentive for adoption, and that choosing this single currency for the GUI for launch would give it a significant advantage over other currencies.  The GUI should support as many currencies as needed in time, or specialized GUIs could be created for each currency if communities evolve around them.

All currencies are equals by the CLI client, which is what most experienced miners can use the CLI to create addresses and send coins. Instructions will be posted in time, or users can consult the help output of the CLI.

This coin is experimental, but in observation of good practice DOES have a fair launch period of one hour, or 300 blocks, of 1 coin per block. The regular PoW block reward is 9375 coins. Also in observation of fair launch practices, a windows wallet is available (necessitating having a default currency in the GUI).


Downloads

GitHub: https://github.com/multipos/pos-n

Latest Release: https://github.com/multipos/pos-n/releases/tag/v1.1.0.1

Windows Installer: https://github.com/multipos/pos-n/releases/tag/v1.1.0.1 (can't link directly to it here)

Windows Zip: https://github.com/multipos/pos-n/releases/download/v1.1.0.1/PoSN-Qt-1.1.0.1-Win32.zip

Mac DMG: https://github.com/multipos/pos-n/releases/download/v1.1.0.1/PoSN-Qt-1.1.0.1-OSX.dmg


VirusTotal

* Install-PoSN-1.1.0.1.exe
* https://www.virustotal.com/#/file/7cab4e475ec21dcdcc9ecc510ad13879cfaf7a9054d3a99b9d5b4f4ca5178558/detection
* 0/64

* PoSN-Qt-1.1.0.1-Win32.zip
* https://www.virustotal.com/#/file/a85641b82ea2f22ba9bdcf6a1ad7e92d7df0d538eeae0f430cfabf4253c11072/detection
* 0/61

* PoSN-Qt-1.1.0.1-OSX.dmg
* https://www.virustotal.com/#/file/09055c23f8d8d9d0bfbc0983569824489eb7c399f9dc53604a4d696385fa7ed3/detection
* 0/58

* PoSN-Daemon-1.1.0.1-Ubuntu-16.04.tar
* https://www.virustotal.com/#/file/86ed8bd7b3e43604204eb9038106bbad36ac5819d25fd946a03f3bd2e9dd7929/detection
* 0/58



Block Explorer

http://multipos.net:3001/


Mining

Mining is complete.

This coin can be mined with standard miners:

Code:

./minerd -a scrypt -u RPCUSERNAME -p RPCPASSWORD -o 127.0.0.1:50414

Stats

* Tickers of Random Rotation: PRM, PSN, P03 ... P17
* Algo: scrypt
* PoW Block Times: 12 Seconds
* PoS Block Times: 2 Minutes
* Max PoW for Random Rotation: 63,000,000
* Block Reward: 9375
* PoW Duration: 94478 blocks (~13 days)
* Fair Launch Duration: 300 Blocks (1 hr),
* Fair Launch Block Reward: 1 coin
* PoS Rewards (First 3 years):  1, 2, 3, 5 ... 1597%
* PoS Rewards (After 3 years): Lower of initial interest rate or 4%
* Peer-to-Peer Port: 29861 (testnet 29862)
* RPC Port: 50414 (testnet 50415)
* Net Magic: 0xef, 0xff, 0xfb, 0xed (testnet 0xf9, 0xbb, 0xfd, 0xff)

[1715535461]

1715535461

[1715535461]

1715535461

[nagasaking]

How to get free coin dev ? 

[AmoreJaz]

well i think i will keep a close eye on this one! i love the old style idea and approach!this could very well be the next coin! lololol

[shidayat8]

How to get free coin dev ? 

I want it too, Free coin.  

[energ]

And how to know which coin is mined or can you tell which are on the list?

[shotgun1969]

This looks like a fair launch to me good going.  I just want to ask is pow a set amount of pow blocks or just x blocks total and could you let us know last pow block. Thank you

[Sugar Daddy]

Very interesting experiment.  I will watch to see the results and where it leads!

[Fobos2017]

Mining pool ?

[multipos]

And how to know which coin is mined or can you tell which are on the list?

You will know from the wallet. In the GUI, you will see in Transactions tab. In the CLI, you can use the command listtransactions.

This looks like a fair launch to me good going.  I just want to ask is pow a set amount of pow blocks or just x blocks total and could you let us know last pow block. Thank you

It is in the ANN. All coins but 2 have a PoW max at 63,000,000. One can't be mined and one has 15 max.

Mining pool ?

No pool operators have come forth. I will try to set one up that mines directly into your wallet.

How to get free coin dev ? 

I am mining a lot of coins, so this may be possible, for bounties perhaps.

[shotgun1969]

  I have completly lost the network today while i was gone.   Does anyone have working nodes that i can add to the roaming folder.  Thankyou

[multipos]

 I have completly lost the network today while i was gone.   Does anyone have working nodes that i can add to the roaming folder.  Thankyou

Please restart your client. The seednode went down for a while and took the network with it. As more people jump on, things will improve.

I will set up a couple of more seednodes soon as well.



Also Please Update to the Latest Release

https://github.com/multipos/pos-n/releases/tag/v1.0.0.2

The previous release skipped some currencies for mining. This hits all currencies with coins left. Please mine with it.

[multipos]

Though not added to the build yet as a hardcoded node, please use the following in your conf. I would add it but am looking at hosting providers for permanent nodes. The current hard coded one is permanent. I will add 2 more when I settle on hosting. The following is temporary:

addnode=162.254.26.79

[shotgun1969]

 I am just trying to figure out how to see balances of the different coins in the wallet.   So in the conf file i would have to put in defaultcurrency=p10  and start the wallet up and it would show me the balance of the p10 coins and would also pos those coins?  I am not really positive about this and never tried a wallet quite like this one.

[lyynx]

I so want to mine this, but I don't remember how to mine, I think I spent too much time on the POS side last couple years. Would love to see a pool. If anyone cab point me to a step by step resource to mine this on windows, would appreciate it. Meanwhile, I'll keep diggin

[Hotachy]

Try to up to Jr member faster and add some images)

[shotgun1969]

I so want to mine this, but I don't remember how to mine, I think I spent too much time on the POS side last couple years. Would love to see a pool. If anyone cab point me to a step by step resource to mine this on windows, would appreciate it. Meanwhile, I'll keep diggin

 I would enjoy seening how a pool handles payout of multi coins mined in one wallet. If you have not mined this solo you should just to see what is happening.

[lyynx]

omg, I feel like a crypto novice again

So here's what I've done so far.

I have my pos-n and cpuminer folders in the same folder on my c: drive

In my AppData folder, I created a pos-n.conf file with my settings

rpcuser=username
rpcpassword=password
rpcallowip=*
server=1 (i've tried with and without this)
addnode=162.254.26.79

I start my wallet, then CMD and paste the following
"C:\crypto\cpuminer\minerd.exe" -a scrypt -u username -p password -o 127.0.0.1:50414

I get that http failed and json error, any guidance much appreciated 

[shotgun1969]

omg, I feel like a crypto novice again

So here's what I've done so far.

I have my pos-n and cpuminer folders in the same folder on my c: drive

In my AppData folder, I created a pos-n.conf file with my settings

rpcuser=username
rpcpassword=password
rpcallowip=*
server=1 (i've tried with and without this)
addnode=162.254.26.79

I start my wallet, then CMD and paste the following
"C:\crypto\cpuminer\minerd.exe" -a scrypt -u username -p password -o 127.0.0.1:50414

I get that http failed and json error, any guidance much appreciated 

conf

rpcuser=
rpcpassword=
rpcallowip=127.0.0.1
rpcthreads=199
server=1
gen=0
daemon=1
listen=1
rpcport=50414
port=29861
addnode=80.208.230.14:29861
addnode=24.220.149.200
addnode=162.254.26.79

cpuminer-x64 -a scrypt -o http://127.0.0.1:50414 -u username -p xpassword -t 1


good luck with a cpu but this should work no problems.

[lyynx]

Thank you, tried that as well with no luck. I have a really good GPU, perhaps I should go that route?

BTW, this is the exact error
HTTP request failed: Failed to connect to 127.0.0.1 port 50414
json_rpc_call failed, retry after 30 seconds

[shotgun1969]

minerd is the same    the -t 1 is how many cores of the cpu you want to use and you dont want to use all of the cores leave one core for the computer to run on.