[ANN] (FEST) FESTIVAL COIN CRYPTONOTE POW

[BEN PRAGUE]

                                                  
                                                                                                    
                                                https://i.imgur.com/OJV5yWp.png?4


Festival coin (FEST) is a business and use-case driven; community centered CryptoNote based cryptocurrency. Besides providing a ubiquitous completely anonymous payment scheme, we are here to solve a real problem !

Every time you attend a big event or a festival, you will probably face long queues and lose those plastic tokens. Meaning that you are endangered to losing time and money (and possibly your patience).

Those are two examples of the real-world-use-cases that FEST will strive to solve by using its high-skilled business core team, with more than 20 years of expertise in events, and tech-wise by implementing Smart Contracts for personal token generation.

FEST is initially adopting an ASIC-resistant Proof of Work mining scheme and futurelly the Proof of Stake with Master Nodes will take place. The latest which will bring advantages to coin holders and merchants, both on the financial aspect by staking the coins and on the safety aspect, by storing value.

Overall the FEST goal is becoming a secure, fast, easy, private, and untraceable online payment tool. Payment gateways that will open the opportunity for mass adoption of general public.


https://i.imgur.com/VgPp1g8.png

Specifications

Algorithm: CN-FEST (our own algo)
Block time: 120 seconds
Difficulty retargets each block
PREMINE : 5%
Block reward decreases each block according to the formula: BaseReward = (MSupply - A)/218,  where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
One coin is divisible down to 8 decimal places
Total coins: 18 446 744 FEST

https://i.imgur.com/3K3dmAG.png
  

FESTIVAL BLOCKCHAIN DEVELOPMENT

FEST takes a utilitarian approach to development. From real world examples, use cases, community suggestions, it strives to develop a blockchain that can be deployed and widely used for practical applications.

We welcomes everyone to participate in shaping its roadmap and technology by contributing directly to code development, proposing new ideas, or submitting comments and suggestions.

FEST total premine 5% + 350 000 FEST FROM OLD BLOCKCHAIN (All that FEST were redistributed)

https://i.imgur.com/qDoLHCX.jpg  https://i.imgur.com/PLbFKDl.jpg https://i.imgur.com/a0Q3wLf.jpg

Areas we will strive to refine constantly in the future * Reducing energy consumption of the network
* Reducing block times
* Increasing transactions per second
* Reducing blockchain sync times and resource utilization * Reducing blockchain size
* Increasing reliability and security of the network
* Secure hardware wallet with biometrics.
* Regular audits and updates of the core cryptography to negate the benefits of quantum computations.

FESTIVAL PROJECT COMPANY :

Plan to incorporate a company which will market, develop, maintain, and expand FEST. Company would hire more developers, expand the marketing team, add advisors, and would be representing FEST to the world. Draft Version, This document will be updated based on community inputs.


Official Website :

https://www.festivalcoin.net


Official downloads and links

Source and binaries  https://github.com/FESTIVALCOINDEV/festival


Ports

p2p-bind-port=8348
rpc-bind-port=8349

POOL

http://festminer.com/#
http://80.211.166.244/
http://fest.bluerockpools.net/

Exchanges

-MAPLE exchange  
BTC/FEST https://maplechange.com/markets/festbtc?markets=all&column=name&order=asc&unit=volume&pinned=true

-KOMPLER exchange
BTC/FEST https://kompler.exchange/#/markets/BTC/FEST
ETH/FEST https://kompler.exchange/#/markets/ETH/FEST
NBR/FEST https://kompler.exchange/#/markets/NBR/FEST  

Blockchain Explorer  :  

http://explorerfestivalcoin.com/

Social Networks

Discord : https://discord.gg/zNcfCHy
Telegram Group :  https://t.me/joinchat/BbDUDUyeyHB8A1slWcrIGQ
Twitter : https://twitter.com/FestivalCoin
Facebook : https://facebook.com/festcoin
Telegram Channel : https://t.me/festivalcoin
Github : https://github.com/FESTIVALCOINDEV  
                        
https://i.imgur.com/OAmSK5I.png                            

[cangliang1121]

Reserved for mining pool 

youpool.io

[dingming5555]

can't open window's wallet

[Ursuka]

Another mastenrode project, let's hope that it won't dump as almost everyone good luck.

[BEN PRAGUE]

cool

[cryptonomicon25]

You didn't include the linux daemon, how can we mine?

[BEN PRAGUE]

festival-coin-official
Creating simplewallet addresses

$ ./simplewallet --config-file configs/festival.conf --generate-new-wallet MY.wallet --password PASSWORD

config path exist forknote wallet v1.0.9.1.662() Sync from timestamp: 1455950318 Error: wallet failed to connect to daemon (http://localhost:29081). Generated new wallet: D9CTMkRfsJ594cuvX2pGXNWMFK5ARwxPN1x7bFC5wY5XTZxf12LjWUK5QkMVeSkD6gT532FepdaohRY kt99e9gdF6hyrUgx view key: f45a0505d89e4c3bbb91c3481861c12b2b0c6e43b9de23fa108a48a0db116901

Your wallet has been generated. Use "help" command to see the list of available commands. Always use "exit" command when closing simplewallet to save current session's state. Otherwise, you will possibly need to synchronize your wallet again. Your wallet key is NOT under risk anyway.

Starting Mining

To start mining:

$ ./miner --daemon-address 127.0.0.1:3949 --address [WALLET_ADDRESS]

Examples : $ ./miner --daemon-address 127.0.0.1:3949 --address D6WLtrV1SBWV8HWQzQv8uuYuGy3uwZ8ah5iT5HovSqhTKMauquoTsKP8RBJzVqVesX87poYWQgkGWB4

Notice: The first few blocks may take a few hours to be found

Connecting the daemon to a blockchain To connect to the daemon to existing blockchain, just start forknoted with the corresponding configuration file.

$ ./forknoted --config-file configs/festival.conf

To start simplewallet:

$ ./simplewallet --config-file configs/festival.conf

Mining with miner miner needs a running and synced daemon.

http://forknote.net/documentation/

[dingming5555]

when I open simplewallet.exe.it disapered at once

[Tiffanya]

This is an interesting project and a good route. I will attend. Good luck to the team! Bowl
Egretia

[BEN PRAGUE]

""can't open window's wallet""


Don't open directly binaries but open a terminal before and execute command line....

[shiggidy]

I tried to mine and i get the error:
2018-May-09 10:46:31.507434 WARNING [14.220.237.71:44267 INC] Exception in connectionHandler: TcpConnection::read, WSAGetOverlappedResult failed, result=10054, An existing connection was forcibly closed by the remote host.

doesnt work.

[BEN PRAGUE]

An existing connection was forcibly closed by the remote host
Symptom
Nobody can connect to the seed node. forknoted on the seed node prints the following WARNING

2015-Sep-22 22:51:12.627019 WARNING [node_server] [127.0.0.1:55741 INC] Exception in
connectionHandler: TcpConnection::read, WSAGetOverlappedResult failed, result=10054,
An existing connection was forcibly closed by the remote host.
Solution
Add the P2P port in “Inbound Rules” in the Windows Firewall on the seed node
If you are behind NAT added --p2p-external-port <PORT> param to forknoted.

[LoveCryptoAll]

Manager. Need more information. I think that the coin will be interesting, but you need to submit a white paper, information about the team.

[cabot364]

Had 400 coins...now they are gone and the block height is 180 something.  Was there a fork? What happened?

[vuppie0]

same here, i mined some blocks and now they're gone.

[cryptonomicon25]

Had 400 coins...now they are gone and the block height is 180 something.  Was there a fork? What happened?

Yeah, there was a fork, there was one chain at around 170 and another at 200. You must have been on the invalid chain, delete your blockchain data and restart to make sure you're on the right chain.

[cabot364]

Well which chain is the right one? The lower one or the larger one?

[cabot364]

I am assuming it is the larger one.  I deleted %appdata%/festival contents and resynced and am on block 218

[cleder]

no shit, this is real shitcoin 
bad in all possible ways 

[BEN PRAGUE]

(Had 400 coins...now they are gone and the block height is 180 something.  Was there a fork? What happened?

Yeah, there was a fork, there was one chain at around 170 and another at 200. You must have been on the invalid chain, delete your blockchain data and restart to make sure you're on the right chain.)

yes something happened like someone tried to fork it... Looking on it now but sure best is to delete

Delete the blockchain folder.

On Windows delete this folder:

C:\Users\%user_name%\AppData\Roaming\%festival%\

On Linux/OSX:

$ rm -rf ~/.festival/