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Author Topic: [ANN][SGL] Sigil - Decentralized, 0% Fee Crowdfunding  (Read 20128 times)
Sigil-Developer
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January 08, 2018, 03:49:07 PM
 #1

    Sigil - [SGL]

                                                                         

    Specifications:
    Name: Sigil (SGL)
    Algorithm (PoW/PoS): Neoscrypt/Sha-256d
    Block Time (PoW/PoS): 1.5 minutes/3 minutes
    Block Reward (PoW/PoS): 25 SGL/25 SGL
    Circulating/Total Supply: 3,000,000/97,500,000
    Difficulty Retargeting: Orbitcoin Super Shield (OSS)
    P2P Port: 39654, RPC Port: 39655


    Features:
    Orbitcoin Super Shield
    Advanced Checkpointing
    Time Warp/Instamining Protection
    Very Low Transaction Fees
    Quick Transactions



    Source Code:


    Website:


    Wallets:


    Pools:
    Official Sigil Pool: www.sigilmining.com

    Explorers:
    Official Sigil Explorer: www.sigilexplorer.com/



    Miners:


    Guides:


    Social Channels:

    Exchanges:



         Sigil is a new and revolutionary cryptocurrency that embodies the twin ideals of security and efficiency. It incorporates the best features of both Proof of Work and Proof of Stake mining, supports multiple algorithms, and achieves enhanced security through its implementation of advanced checkpointing and retargeting throughout.

         The Sigil team is developing the next generation of crowdfunding technology through the blockchain. Our goal is to provide a more efficient, transparent, and secure crowdfunding platform without taking any fees whatsoever, instead using Sigil to fund the venture. We believe we can empower the individual specifically with this platform, as it will be beneficial for all parties involved. Consumers will be allowed to retain a greater portion of any funds they raise and any transaction intended for them will be ensured through the use of the blockchain.



         Sigil currently is specified to only have 97,500,000 total coins. Of those, we took a premine of 2.5% to cover managerial and other issues relevant to the growth and development of the coin long-term as we believe to be necessary. Here’s the complete breakdown of the premine allocation:

    • 40 % (1,000,000 SGL)    ------------->      Marketing
    • 20 % (500,000 SGL)       ------------->      Developers / Founders
    • 20 % (500,000 SGL)       ------------->      Bounty Program
    • 10 % (250,000 SGL)       ------------->      Research / Development
    • 10 % (250,000 SGL)       ------------->      Legal

         As you can see, we put aside 500,000 SGL (20% of the Premine) for an extensive bounty campaign. You can find the breakdown listed below and the complete details in the official Bounty Campaign Guide: www.sigilplatform.com/sigil-bounty.pdf

    • Twitter: 20% (100,000 SGL) – Earnings: 10 – 200 SGL weekly - CLOSED
    • Reddit: 20% (100,000 SGL) – Earnings: 0 – 1000 SGL per quality post - CLOSED
    • Blog/Medium: 20% (100,000 SGL) – Earnings: 0 – 1500 SGL per quality article - CLOSED
    • YouTube: 15% (75,000 SGL) – Earnings: 0 – 2000 SGL per quality video - CLOSED
    • Translations: 15% (75,000 SGL) – Earnings: 0 – 2000 SGL for a quality thread - CLOSED
    • Slack: 5% (25,000 SGL) – Earnings: 25 SGL on account creation/signup - CLOSED
    • Giveaways: 5% (25,000 SGL) – Earnings: Varies, depending on the giveaway - CLOSED



    Roadmap:


    Reserved Translations (No More Accepted):
    [/list]
    1518897546
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    Slkp
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    January 08, 2018, 03:57:17 PM
     #2

    2750 blocks have been mined already
    seneinbee
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    January 08, 2018, 03:58:15 PM
     #3

    A 10% fee for the pool seems a bit too much.
    Sigil-Developer
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    January 08, 2018, 03:59:55 PM
     #4

    2750 blocks have been mined already

    Yep, we were testing the network extensively. If you look at the total number of coins found, though, it approximates ~5%, as stated in the premine.
    tigdav2004
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    January 08, 2018, 04:01:18 PM
     #5

    2750 blocks have been mined already

    Yep, we were testing the network extensively. If you look at the total number of coins found, though, it approximates ~5%, as stated in the premine.
    Please tell me high diff port,i get error
    Pool difficulty too low (provided=32, minimum=2048)
    asz5sc
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    January 08, 2018, 04:04:01 PM
     #6

    Nice, I better Check This out!!!!! Shocked Roll Eyes Grin Wink
    Sigil-Developer
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    January 08, 2018, 04:05:59 PM
     #7

    A 10% fee for the pool seems a bit too much.

    We figured that it were necessary, as we do need a source of income once we launch the crowdfunding platform, with the monthly costs to run it and the lack of fees. The number may change if deemed necessary though.
    lchain
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    January 08, 2018, 04:06:14 PM
     #8

    Sigil BlockExplorer:

    http://Sigil.lchain.cc/

    Bounty/Donate: SZ7XmecvC6HoLbvb9FfyDCgSAcMGKZQjgA

    Get Block explorer for your coin... PM me ...
    johntwo
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    January 08, 2018, 04:09:03 PM
     #9

    A 10% fee for the pool seems a bit too much.

    We figured that it were necessary, as we do need a source of income once we launch the crowdfunding platform, with the monthly costs to run it and the lack of fees. The number may change if deemed necessary though.

    It's too high dude.  Your 5% pre-mine is also in part to help support you isnt it?

    The main issue is miners will leave your pool as soon as another pool launches, so you wont get any income at all.

    Maybe do like 3%.  I would support a dev at 3% fee.  At 10%, im gone as soon as there's an alternative.

    lpoolname
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    January 08, 2018, 04:11:04 PM
     #10

    New Sigil pool (neoscrypt)
    https://lpool.name/pool/SGL

    -o stratum+tcp://neoscrypt.lpool.name:11979 -u <WALLET_ADDRESS> -p c=SGL

    Bounty/Donate: SjBQ7WXP6tMhc7mLZxZwuwsoDsFLgYFANq (SGL)

    Node list: https://lpool.name/explorer/peers?id=1979
    Explorer: https://lpool.name/explorer/SGL
    Sigil-Developer
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    January 08, 2018, 04:12:55 PM
     #11

    A 10% fee for the pool seems a bit too much.

    We figured that it were necessary, as we do need a source of income once we launch the crowdfunding platform, with the monthly costs to run it and the lack of fees. The number may change if deemed necessary though.

    It's too high dude.  Your 5% pre-mine is also in part to help support you isnt it?

    The main issue is miners will leave your pool as soon as another pool launches, so you wont get any income at all.

    Maybe do like 3%.  I would support a dev at 3% fee.  At 10%, im gone as soon as there's an alternative.

    Okay, thanks for the feedback. I'll talk it over with the team
    tazmako
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    January 08, 2018, 04:15:57 PM
     #12

    what first exchange you try to list.

    goacoin______  PoW, Masternodes, ASIC Resistance, NeoScrypt
    ॐ        TWITTER        ॐ        ANN THREAD        ॐ        TELEGRAM        ॐ
    Super Fast Transactions     /     Security & Anonymous     /     Growing Community
    ocminer
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    January 08, 2018, 04:24:57 PM
     #13

    Here's a pool with 1% fee only:

    https://sgl.suprnova.cc

    suprnova pools - reliable mining pools - #suprnova on freenet
    https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
    johntwo
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    January 08, 2018, 04:26:06 PM
     #14

    Here's a pool with 1% fee only:

    https://sgl.suprnova.cc

    Toldja.  Easy decision whether to pay 10% or 1%.  But I appreciate that you guys are considering the feedback.

    manfromafar
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    January 08, 2018, 04:26:38 PM
     #15

    Sigil Added to PoolofD32th


    http://yiimp.poolofd32th.club

    Use your wallet address as your username, and c=SGL as your password.
    No registration required.


    Can be tested with:
    Code:
    -a neoscrypt -o stratum+tcp://yiimp.poolofd32th.club:4233 -u ShfEXumXZn7MR6hQ31eoEcDczgPoutZhjq -p c=SGL
    pause

    Don't forget to use SGL as password, or your shares will be lost
    Don't forget to change -u once testing is complete to mine to your wallet

    TO GET FAST SUPPORT AND SHARE INFORMATION, JOIN OUR DISCORD

    https://discord.gg/E2rThkk

    Code:
    Bounty address: ShfEXumXZn7MR6hQ31eoEcDczgPoutZhjq


    Sigil-Developer
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    January 08, 2018, 04:28:06 PM
     #16

    Okay, just lowered the fee from 10% to 3%
    johntwo
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    January 08, 2018, 04:30:37 PM
     #17

    Okay, just lowered the fee from 10% to 3%

    Cool, once I'm set up I will use your pool then.  Others may still choose to use 1% fee pools but I'm willing to spend an extra 2% to support devs.

    ACat
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    January 08, 2018, 04:31:17 PM
     #18

    Ultimately Neoscrypt or SHA256?

    ●  RACECRYPTO.COM  ●   
    The crypto currency of the future!
    Masternodes | PoW | Secure | ASIC resistant | Lyra2REv2
    Sigil-Developer
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    January 08, 2018, 04:34:14 PM
     #19

    Ultimately Neoscrypt or SHA256?

    Ultimately Neoscrypt.
    cryptojai
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    January 08, 2018, 04:34:34 PM
     #20

    Here's a pool with 1% fee only:

    https://sgl.suprnova.cc

       High difficulty port ?
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