[ANN] Restart of Quantumcoin (SUCCESSFULLY RELEASED)

[Lhunephel]

Because the first start of Quantumcoin failed I'll try a better start now. The old block chain of Quantumcoin is dead. Please update your client first before mining.

Check the hash of the current genesis block first (you can get it by calling "quantumcoind getblockhash 0").

Code:

0x3702b0ae46c7d1bca40a84f5467a9c3cfd03ed2be30731d370165e9ab5e0be76

I'll push the updated sources and windows binary today at 05:00 PM (UTC). SUCCESSFULLY RELEASED.


  * based on the latest version of Litecoin
  * total of 256 million coins
  * block maturity after 120 confirmations
  * block value is cut in half every 256000 blocks
  * dynamic retarget interval and target timespan, depending on the networking hashrate
  * increasing block value with increasing difficulty

The minimum block value is 10 and the maximum block value of 50 will be reached when difficulty reaches appr. 110. The reward of the first 250 blocks is higher.

The sources are available on GitHub (https://github.com/quantumcoin/quantumcoin) and should work on Linux and Windows.

A Windows binary is available at http://www.quantumcoin.org/files/quantumcoin.zip.

There is one DNS seed with three nodes available and seeding through IRC is also working. It should not be necessary to manual add nodes.

The current difficulty is noted at http://www.quantumcoin.org at the bottom of the page. There is also a block explorer available at http://qtc.p2pool.nl/chain/Quantumcoin.

Enjoy.


example quantumcoin.conf:

Code:

rpcuser=quantumcoinrpc
rpcpassword=fcaa68021c224f4d9f51cead988643b2
server=1
daemon=1

example entry in the pools array of cgminer/bfgminer:

Code:

{
        "url" : "http://localhost:18000/",
        "user" : "quantumcoinrpc",
        "pass" : "fcaa68021c224f4d9f51cead988643b2"
}

Latest changes:

  * 2013/06/26: added several checkpoints, uploaded new Windows binary

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[Petr1fied]

Can you give an estimate of the difficulty @ block 101?

[Lhunephel]

Not sure at the moment. Maybe 0.1.

[r3animation]

No such thing as board time.

Each user can set their own timezone so it's better to use UTC (international standard).

[Lhunephel]

My board time is in UTC

So the restart is at 5:00 PM UTC.

[aikklond]

how many seconds for one block?

[Petr1fied]

Between 60-240 seconds (1-4 minutes) by the looks of the description.

[Lhunephel]

That's right, Petr1fied. The target spacing depends on the network hash rate (latest 16 blocks). The minimum target spacing of 60 seconds will be reached with 900000000 hashes per second (900 MHash/s).

[Lhunephel]

The starting difficulty will be 0.09706861. The reset of the block chain will take place in 36 minutes.

[CJM1682]

let me make sure i understand 12 minutes?

[MashRinx]

let me make sure i understand 12 minutes?

that's how I'm reading it...

[CJM1682]

okay just to confirm 10 minutes for a windows binary?? 

[MashRinx]

Yes.  Assuming he's on time.... 

[iGotSpots]

Might grab a few of these, just because I can see the QTC symbol catching on

[Lhunephel]

I'll start at 05:00 PM (UTC) the seed nodes, afterwards I'll push the sources to GitHub and then I'll publish the windows binary.

[TheSpiral]

okay just to confirm 10 minutes for a windows binary?? 

That would be the right time if on time. Could google "Time UTC" and it will tell you in a box at the top.

[egersh]

If you're in linux you can compile with qtcreator.

[CJM1682]

lol.... i know hwo to use google but thanks for the advice i was moreso commenting on the sarcasm i have based on how late the "working" windows binaries have been with these releases lately.

[CJM1682]

port?

[Lhunephel]

example quantumcoin.conf:

Code:

rpcuser=quantumcoinrpc
rpcpassword=fcaa68021c224f4d9f51cead988643b2
server=1
daemon=1

example entry in the pools array of cgminer/bfgminer:

Code:

{
        "url" : "http://localhost:9999/",
        "user" : "quantumcoinrpc",
        "pass" : "fcaa68021c224f4d9f51cead988643b2"
}