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Author Topic: [ANN] Growthcoin - GRW | PoW/PoS - 100% annual interest! | Updated version  (Read 41015 times)
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August 02, 2013, 09:27:47 PM
Last edit: September 25, 2013, 11:27:48 PM by growthcoin
 #1

http://www.growthcoin.org/wp-content/uploads/2013/08/ab2.png

First announced in Altcointalk.co.uk:
http://www.altcointalk.co.uk/index.php/topic,179.0.html


Version 1.2 released, which fixed a wallet sync issue and added checkpoints, please update.


GrowthCoin (GRW) - a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features from Luckycoin (random blocks) and Florincoin (transaction message).

Proof of stake coin is more resilient to 51% attack. Since 51% hashpower is not enough to execute a 51% attack. The attackers must also have at least 51% stake.

GrowthCoin provides monthly interest rate of 5.95%, for stakes that are held during that period of time. This equivalent to an annual interest of 100%. PoS blocks will be generated if the stake are held for more than 5 days (first generation will starts around 9th days). There is a hard limit of 2 billion coins.

No Premine!

Specifications:

   - Each normal block has 100 coins
   - 45 seconds block time
   - Difficulty retargets every block
   - Mining payout will be halved every 3 months (or every 172,800 blocks)
   - Expected total mined coins will be 37,368,000 coins
   - 3 confirmations for transaction
   - 50 confirmations for minted blocks
   - Support transaction message

   - Hourly random bonus block of 500-1000 coins (that is, 1/80 chance to get a bonus block).

   - The default ports are 17177(Connect) and 17178(RPC).


Mining Pools:
port: 3118

Stratum only
Proportional Payouts per Block (after minimum requirements by grw). No PPLNS warmup!
Variable Dificulty per Worker


Point your miners to the following link:
stratum+tcp://grw.mepool.cc:6666
http://grw.mepool.cc:5555 (long-poll)




point your miner to stratum+tcp://grw.24ltc.com:8334

Download (Version 1.2):

Windows Client Download:
https://mega.co.nz/#!s1MVwBbY!MLkxok45m7b-NLtony5yX3QAaHgMELFt5G2Ae78rpoo


Source Code Download:
https://github.com/growthcoinproject/growthcoin



Sample growthcoin.conf:

listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=17178
rpcconnect=127.0.0.1
addnode=59.40.251.8
addnode=182.130.178.239
addnode=106.187.49.158
addnode=178.141.36.75
addnode=223.197.12.178


Getting Started:

1. Start up growthcoin-qt, wait for it to load, then exit.
2. Put growthcoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/GrowthCoin
3. restart growthcoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
      cgminer ex: cgminer.exe --scrypt -o localhost:18178 -u **yourusername** -p **password** (without **)


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August 02, 2013, 09:34:19 PM
 #2

reserve
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August 02, 2013, 09:38:52 PM
 #3

interesting coin..
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August 02, 2013, 09:51:28 PM
 #4

 I want to buy GRW 100000
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August 02, 2013, 10:06:38 PM
 #5

OK and what are your future plans for this coin?! Why should I mine it?

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August 02, 2013, 10:06:56 PM
 #6

wow, the pool now have 241 MH/s...  Huh
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August 02, 2013, 10:07:03 PM
 #7

crap, network hashrate 202 Mh/s! wow

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August 02, 2013, 11:11:12 PM
 #8

i wanna buy some coins, please  message me

TERRA - Bring profits to support community, starting from cross-border payment ❘|❘ ICO ❘|❘ DISCUSSION
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August 02, 2013, 11:15:32 PM
 #9

Added to the alt coin list in my signature.
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August 02, 2013, 11:41:05 PM
 #10

Happy mining!
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August 03, 2013, 12:01:26 AM
 #11



First announced in Altcointalk.co.uk:
http://www.altcointalk.co.uk/index.php/topic,179.0.html

GrowthCoin (GRW) - a fork of Diamond, with several algorithms fixed and improved. It is decendent of Novacoin/PPCoin with Pow/PoS. It combines the great features from Luckycoin (random blocks) and Florincoin (transaction message).

Proof of stake coin is more resilient to 51% attack. Since 51% hashpower is not enough to execute a 51% attack. The attackers must also have at least 51% stake.

GrowthCoin provides monthly interest rate of 5.95%, for stakes that are held during that period of time. This equivalent to an annual interest of 100%. PoS blocks will be generated if the stake are held for more than 5 days. There is a hard limit of 2 billion coins.

No Promine!


Specifications:

   - Each normal block has 100 coins
   - 45 seconds block time
   - Difficulty retargets every block
   - Mining payout will be halved every 3 months (or every 172,800 blocks)
   - Expected total mined coins will be 37,368,000 coins
   - 3 confirmations for transaction
   - 50 confirmations for minted blocks
   - Support transaction message

   - Hourly random bonus block of 500-1000 coins (that is, 1/80 chance to get a bonus block).

   - The default ports are 17177(Connect) and 17178(RPC).

The official website is: GrowthCoin.org (under construction).


Mining Pool:

http://grw.botpool.net/
port: 3108



Download:

Windows Client Download:

Mega.co.nz:
https://mega.co.nz/#!ltUUhKiZ!Nl9lCg0H0BO3GW8kTJoDoGD6gHJRqBiIw9dXBxaB9cg

Google Disk:
https://docs.google.com/file/d/0B-_cT_EUbb3oZjhmY1BEaG5XTmc/edit?usp=sharing

SkyDrive:
https://skydrive.live.com/redir?resid=727F26F1D805DB21!118&authkey=!APCaiXaoTLEb2H0


Source Code Download:
https://github.com/growthcoinproject/growthcoin


Website:

GrowthCoin.org (under construction).




Sample growthcoin.conf:

listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=17178
rpcconnect=127.0.0.1
addnode=59.40.251.8
addnode=182.130.178.239
addnode=106.187.49.158
addnode=178.141.36.75


Getting Started:

1. Start up growthcoin-qt, wait for it to load, then exit.
2. Put growthcoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/GrowthCoin
3. restart growthcoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
      cgminer ex: cgminer.exe --scrypt -o localhost:18178 -u **yourusername** -p **password** (without **)



GRW Giveaway : https://bitcointalk.org/index.php?topic=267066.0
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August 03, 2013, 12:33:35 AM
Last edit: August 03, 2013, 12:53:20 AM by aTriz
 #12

pool keeps disconnecting/reconnecting... Sad


Pool isn't updating and keeps Disconnecting

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August 03, 2013, 12:54:37 AM
 #13

pool keeps disconnecting/reconnecting... Sad


Pool isn't updating and keeps Disconnecting

I 2nd that pool hiccups. Ah! there it goes again. 

GA-990FXA-UD5, 1x 7970L, 2x S1, AX1200i, RIVBE, 2x R290x, NEX1500, BTC: 1G9cQix8bMgh35MQ9wY3Rb9yNSSCtnoRmK, DGC: DFo9FcKYsutv9Vx5c5xUzkrt7VJdECZWTM, LTC: LaAN33aktPGaimN5ALL9kjHjuJekfmKfTh
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August 03, 2013, 01:02:50 AM
 #14

too bad
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August 03, 2013, 01:04:59 AM
 #15

No Promine!

Indeed.

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August 03, 2013, 01:13:48 AM
 #16

setting a pool will be done in 30 mins, just someone help me get the damn source compiled. around 50 compiled wallets so far and this one like the select few has the alert.d errors. How can u expect a coin to go far when the damn coin doesnt compile?

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August 03, 2013, 01:26:00 AM
 #17

pool keeps disconnecting/reconnecting... Sad


Pool isn't updating and keeps Disconnecting

Pool works fine now!
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August 03, 2013, 01:49:47 AM
 #18

Damn... this one is popular already... 1.6+ difficulty

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innovation
Sr. Member
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Activity: 280
Merit: 250



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August 03, 2013, 01:54:23 AM
 #19

Damn... this one is popular already... 1.6+ difficulty
Yes

Pool SERVER STATS

Pool Hash Rate   295.880 Mhash/s
Pool Efficiency   98.13%
Current Active Workers   196
Next Network Block   3403    (Current: 3402)
Last Block Found   3401
Current Difficulty   1.68448786
Est. Avg. Time per Round   24 seconds
Est. Shares this Round   1,725 (done: 442.17 %)
Time Since Last Block   3 minutes 46 seconds
horeaper
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Activity: 50
Merit: 0



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August 03, 2013, 02:17:49 AM
 #20

Now it's 2.1, it's growing fast! Maybe that's why it called "Grow"th coin? Grin
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