[ANN][SGL] Sigil - Decentralized, 0% Fee Crowdfunding

[Sigil-Developer]

Sigil - [SGL]

Sigil Whitepaper

                                                                     

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:

https://github.com/Sigil-Developer/Sigil

Website:

www.sigilplatform.com

Wallets:

Linux Wallet: sigil-wallet-lin-1.0.0

Windows Wallet: sigil-wallet-winx32-1.0.0

Mac Wallet: sigil-wallet-mac-1.0.0

Pools:

Official Sigil Pool: www.sigilmining.com

Pool #2: https://lpool.name/pool/SGL

Pool #3: http://luckyaltcoin.com

Pool #4: http://neopool.xyz/

Pool #5: https://www.unimining.net/

Explorers:

Official Sigil Explorer: www.sigilexplorer.com/

Explorer #2: http://Sigil.lchain.cc

Miners:

CPUMiner [Windows/Linux/Mac]

CCMiner (NVidia) [Windows/Linux]

NSGMiner (AMD) [Windows/Linux]

Guides:

Mining Guide: www.sigilplatform.com/sigil-mining.pdf

Staking Guide: www.sigilplatform.com/sigil-staking.pdf

Social Channels:

Slack: Current Invite Link

Discord: Current Invite Link

Twitter: https://twitter.com/sigilplatform/

Reddit: https://www.reddit.com/r/sigilplatform/

Exchanges:

https://coinhouse.eu/markets/sglbtc

https://stocks.exchange/trade/SGL/BTC

     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:

https://i.imgur.com/70UpUY2.png

Reserved Translations (No More Accepted):

Vietnamese: https://bitcoingarden.org/forum/index.php?topic=25450

Thai: https://bitcoingarden.org/forum/index.php?topic=25452.msg226761

Russian: https://bitcointalk.org/index.php?topic=2710860.msg27728679#msg27728679

German: https://bitcointalk.org/index.php?topic=2752757.new#new

Chinese: https://bitcointalk.org/index.php?topic=2711359.new#new

French: https://bitcointalk.org/index.php?topic=2713729.0

Indonesian: https://bitcointalk.org/index.php?topic=2714103.msg27758746#msg27758746

Arabic: https://bitcointalk.org/index.php?topic=2722499

Dutch: https://bitcointalk.org/index.php?topic=2721731.0

Turkish: https://bitcointalk.org/index.php?topic=2722739.0

Korean: https://bitcointalk.org/index.php?topic=2784601.new#new

[/list]

[Slkp]

2750 blocks have been mined already

[seneinbee]

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

[Sigil-Developer]

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]

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)

[Sigil-Developer]

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]

Sigil BlockExplorer:

http://Sigil.lchain.cc/

Bounty/Donate: SZ7XmecvC6HoLbvb9FfyDCgSAcMGKZQjgA

[johntwo]

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]

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]

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]

what first exchange you try to list.

[ocminer]

Here's a pool with 1% fee only:

https://sgl.suprnova.cc

[johntwo]

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]

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]

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

[johntwo]

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]

Ultimately Neoscrypt or SHA256?

[Sigil-Developer]

Ultimately Neoscrypt or SHA256?

Ultimately Neoscrypt.

[cryptojai]

Here's a pool with 1% fee only:

https://sgl.suprnova.cc

   High difficulty port ?

[ocminer]

Here's a pool with 1% fee only:

https://sgl.suprnova.cc

   High difficulty port ?

Always +1 at suprnova, so 3161