KWAGSH Coin- Cryptonight Coin Algorithm

[JBnl]

Otherwise it's no points for later miners to join.

It was probably intended as pre-mine for the Dev to pay for exchanges, and I happened to tag along...

[1714847423]

1714847423

[ac-invent]

specs ?

[kwagsh]

https://avatars0.githubusercontent.com/u/37370757?s=400&v=4

Kwagsh is a core implementation of CryptoNote and it is a private, secure, untraceable, decentralised digital currency.Individual wallets have a 25 word mnemonic seed that is only displayed once, and can be written down to backup the wallet. Wallet files are encrypted with a passphrase to ensure they are useless if stolen.. It is open source and completely free to use without restrictions. Anyone is welcome to contribute to Kwagsh's codebase! If you have a fix or code change, feel free to submit is as a pull request directly to the "master" branch. In cases where the change is relatively small or does not affect other parts of the codebase it may be merged in immediately by any one of the collaborators. On the other hand, if the change is particularly large or complex, it is expected that it will be discussed at length either well in advance of the pull request being submitted, or even directly on the pull request.

Compiling Kwagsh from Source
Follow the Kwagsh build instructions

Kwagsh Build Instructions
Download the project from github sudo git clone https://github.com/kwash-dev/kwagsh.git

Code:

cd kwagsh sudo mkdir build && cd build && sudo mkdir release && cd release

Code:

sudo CMAKE_BUILD_TYPE=Release ../.. sudo make

After built is completed run the daemon

Code:

sudo ./kwagshd 

and allow it to sync, once sync is completed open another terminal and run simple wallet

Code:

sudo ./simplewallet

Start Mining
You can either Mine in Pool or solo mining

Wallet
Linux- https://github.com/kwash-dev/kwagsh-gui/releases

Pool
Mine in this pool https://pool.kwagsh.xyz
For cpuminer

Code:

minerd -a cryptonight -o stratum+tcp://pool.kwagsh.xyz:3333 -u YOUR_WALLET_ADDRESS -p x

See the get_started Page to see more

Exchange:
exchange.crepcoin.org.....coming soon
southxchange.com....coming soon
livecoin.net....coming soon

Block Explorer

explorer.kwagsh.xyz

[ac-invent]

blocktime, -reward ?
emission?
premine?
supply?
decimal?

whitepaper?
roadmap?

[anam08]

Block Explorer

explorer.kwagsh.xyz

hello, what is the right thing, is block reward = 0.0100 (explorer) or 101 (official pool)?
when we read at CryptoNoteConfig.h,  CRYPTONOTE_DISPLAY_DECIMAL_POINT = 10;
but why at official pool only 6? as stated at api, "coinUnits":1000000
and one again, at CryptoNoteConfig.h, DIFFICULTY_TARGET = 120; // seconds, but at offcial pool api stated as "coinDifficultyTarget":240

[ngbaoson]

Failed start. Retry again

[crazyer1976]

Failed start. Retry again

>Start Mining
> Yu can either Mine in Pool or solo mining
The developer is aware of the appearance of ASIC for this algorithm? Or is this another Russian Scam? You plan the development of the ASIC - protection or all other thode will sell masternode?)

[cecilia1]

This looks like a bad joke. Good luck to people who are mining.

[gameparadise007]

what is the block reward 100 or 0.001 ?

[cryptonomicon25]

Kwagsh is a core implementation of CryptoNote and it is a private, secure, untraceable, decentralised digital currency.Individual wallets have a 25 word mnemonic seed that is only displayed once, and can be written down to backup the wallet. Wallet files are encrypted with a passphrase to ensure they are useless if stolen.. It is open source and completely free to use without restrictions. Anyone is welcome to contribute to Kwagsh's codebase! If you have a fix or code change, feel free to submit is as a pull request directly to the "master" branch. In cases where the change is relatively small or does not affect other parts of the codebase it may be merged in immediately by any one of the collaborators. On the other hand, if the change is particularly large or complex, it is expected that it will be discussed at length either well in advance of the pull request being submitted, or even directly on the pull request.

Compiling Kwagsh from Source
Follow the Kwagsh build instructions

Kwagsh Build Instructions
Download the project from github sudo git clone https://github.com/kwash-dev/kwagsh.git

Code:

cd kwagsh sudo mkdir build && cd build && sudo mkdir release && cd release

Code:

sudo CMAKE_BUILD_TYPE=Release ../.. sudo make

After built is completed run the daemon

Code:

sudo ./kwagshd 

and allow it to sync, once sync is completed open another terminal and run simple wallet

Code:

sudo ./simplewallet

Start Mining
You can either Mine in Pool or solo mining

Wallet
Linux- https://github.com/kwash-dev/kwagsh-gui/releases

Pool
Mine in this pool https://pool.kwagsh.xyz
For cpuminer

Code:

minerd -a cryptonight -o stratum+tcp://pool.kwagsh.xyz:3333 -u YOUR_WALLET_ADDRESS -p x

See the get_started Page to see more

Exchange:
exchange.crepcoin.org.....coming soon
southxchange.com....coming soon
livecoin.net....coming soon

Block Explorer

explorer.kwagsh.xyz

Are you going to explain why you've changed the block rewards? I assume this coin is a joke to make us waste our time?

[kwagsh]

error this code " ../.. sudo make"
help

sudo mkdir build && cd build &&  sudo mkdir  release && cd release &&  sudo cmake -D CMAKE_BUILD_TYPE=Release ../.. && sudo make

[cryptonomicon25]

error this code " ../.. sudo make"
help

sudo mkdir build && cd build &&  sudo mkdir  release && cd release &&  sudo cmake -D CMAKE_BUILD_TYPE=Release ../.. && sudo make

Can you explain this? Miners, read this post before wasting your hashpower on this shitcoin. From the block explorer:

Block 1: Base reward: 1875000.0000000000 KGH
Block 2: Base reward: 1406250.0000000000 KGH
Block 5: Base reward: 593261.7187500000 KGH
Block 20: Base reward: 7928.0298473350 KGH
Block 30: Base reward: 446.4552254250 KGH
Block 40: Base reward: 0.0100000000 KGH

You see? Millions of coins have been emitted in the first blocks and emission factor is extremely high. Now reward is only 0.01 and miners are mining for nothing.

[kwagsh]

Block Explorer

explorer.kwagsh.xyz

hello, what is the right thing, is block reward = 0.0100 (explorer) or 101 (official pool)?
when we read at CryptoNoteConfig.h,  CRYPTONOTE_DISPLAY_DECIMAL_POINT = 10;
but why at official pool only 6? as stated at api, "coinUnits":1000000
and one again, at CryptoNoteConfig.h, DIFFICULTY_TARGET = 120; // seconds, but at offcial pool api stated as "coinDifficultyTarget":240

Present reward for kwagsh is 0.01 KGH. Thanks

[kwagsh]

error this code " ../.. sudo make"
help

sudo mkdir build && cd build &&  sudo mkdir  release && cd release &&  sudo cmake -D CMAKE_BUILD_TYPE=Release ../.. && sudo make

Can you explain this? Miners, read this post before wasting your hashpower on this shitcoin. From the block explorer:

Block 1: Base reward: 1875000.0000000000 KGH
Block 2: Base reward: 1406250.0000000000 KGH
Block 5: Base reward: 593261.7187500000 KGH
Block 20: Base reward: 7928.0298473350 KGH
Block 30: Base reward: 446.4552254250 KGH
Block 40: Base reward: 0.0100000000 KGH

You see? Millions of coins have been emitted in the first blocks and emission factor is extremely high. Now reward is only 0.01 and miners are mining for nothing.

Those coin emitted is for exchange, faucet and  for the development of the kwagsh community. I would not have allowed the launch if miners are mining for nothing. Its a community that will profit miners etc. Its was tested for a long time before its release, base reward is peg at 0.01KGH. Others can give you 10 or 10000 but kwagsh is 0.01KGH 

[cecilia1]

error this code " ../.. sudo make"
help

sudo mkdir build && cd build &&  sudo mkdir  release && cd release &&  sudo cmake -D CMAKE_BUILD_TYPE=Release ../.. && sudo make

Can you explain this? Miners, read this post before wasting your hashpower on this shitcoin. From the block explorer:

Block 1: Base reward: 1875000.0000000000 KGH
Block 2: Base reward: 1406250.0000000000 KGH
Block 5: Base reward: 593261.7187500000 KGH
Block 20: Base reward: 7928.0298473350 KGH
Block 30: Base reward: 446.4552254250 KGH
Block 40: Base reward: 0.0100000000 KGH

You see? Millions of coins have been emitted in the first blocks and emission factor is extremely high. Now reward is only 0.01 and miners are mining for nothing.

Those coin emitted is for exchange, faucet and  for the development of the kwagsh community. I would not have allowed the launch if miners are mining for nothing. Its a community that will profit miners etc. Its was tested for a long time before its release, base reward is peg at 0.01KGH. Others can give you 10 or 10000 but kwagsh is 0.01KGH 

What is the total supply? If it is 1 billion like cryptonomicon25 said in a previous post, then you might have mined at least 10 millions for "exchange, faucet and  for the development". Now you set the reward to 0.01, do you know that you just created the most difficult coin to mine on Earth? This is just ridiculous....

[cryptonomicon25]

error this code " ../.. sudo make"
help

sudo mkdir build && cd build &&  sudo mkdir  release && cd release &&  sudo cmake -D CMAKE_BUILD_TYPE=Release ../.. && sudo make

Can you explain this? Miners, read this post before wasting your hashpower on this shitcoin. From the block explorer:

Block 1: Base reward: 1875000.0000000000 KGH
Block 2: Base reward: 1406250.0000000000 KGH
Block 5: Base reward: 593261.7187500000 KGH
Block 20: Base reward: 7928.0298473350 KGH
Block 30: Base reward: 446.4552254250 KGH
Block 40: Base reward: 0.0100000000 KGH

You see? Millions of coins have been emitted in the first blocks and emission factor is extremely high. Now reward is only 0.01 and miners are mining for nothing.

Those coin emitted is for exchange, faucet and  for the development of the kwagsh community. I would not have allowed the launch if miners are mining for nothing. Its a community that will profit miners etc. Its was tested for a long time before its release, base reward is peg at 0.01KGH. Others can give you 10 or 10000 but kwagsh is 0.01KGH  

Wow, are you serious? You actually intend this as a feature of the coin and not a bug? I was giving you the benefit of the doubt by assuming you would see this bug and fix it, but now it's clear that you have no idea what you're doing. Everyone, stay FAR AWAY from this scam coin! The dev is delusional and thinks that a 0.01 block reward is fair when he's premined over 10 million coins.

[SpinningTruth]

So, .01 block reward is working as intended?

Why would anyone bother to mine this?

Would you please explain your reasoning for those of us who just don't get it....

[Saugani]

So, .01 block reward is working as intended?

Why would anyone bother to mine this?

Would you please explain your reasoning for those of us who just don't get it....

may be into price to da moon guys 
we're waiting listed markets 

so.... 0.01 / reward * 0.00050000 BTC 


cool thank a lot Dev 

[cryptonomicon25]

So, .01 block reward is working as intended?

Why would anyone bother to mine this?

Would you please explain your reasoning for those of us who just don't get it....

may be into price to da moon guys  
we're waiting listed markets  

so.... 0.01 / reward * 0.00050000 BTC  


cool thank a lot Dev  

Even if this did get on an exchange, who would invest in a coin where the dev owns 99.999998% of the supply? This is not a made up number, this is actually the percentage of coins the dev holds compared to everyone else. Have you ever heard of a 99.999998% premine? If anyone here is still mining this, WHY?

[agusiska]

why KWAGSH coin wallet only available on linux, what about windows, im waiting your update about windows wallet sir, coz i dont think about using linux only for installing KWAGSH wallet on my notebook.