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Author Topic: [ANN] MemoryCoin | CPU Coin | Paid Dev Team | Limited Supply [MMC]  (Read 237154 times)
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FreeTrade
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December 14, 2013, 11:14:55 AM
 #1

This thread is outdated - more up to date information here -
https://bitcointalk.org/index.php?topic=598187


MemoryCoin (MMC)



MemoryCoin Manifesto
http://memorycoin.org/manifesto/

We're Hiring
http://memorycoin.org/board/

Windows Binary (Wallet/Miner)
v0.8.581 - MSI
http://www.memorycoin.org/downloads/memorycoin.msi

v0.8.581 - ZIP
http://www.memorycoin.org/downloads/memorycoin.zip

Proof of Work
The Proof of Work is a modified Momentum based algorithm. It has a small SHA512 component, and a large AES component - chips with AES-NI instruction sets will fare *much* better. Each hash requires 1GB of Memory to perform and encrypts 50GB of data. By contrast, the verification only requires 128K and less than one 10th of a second.

https://bitcointalk.org/index.php?topic=355532.msg3945848#msg3945848
http://en.wikipedia.org/wiki/AES_instruction_set#Supporting_CPUs

CPU Mining
The miner included with MemoryCoin-qt will take advantage of AES-NI instruction sets with the latest YAM miner.
Note - you might need to enable AES-NI in your BIOS - some manufacturers ship with it disabled.
Mining rate will be proportional to your CPU's AES encryption ability - here's a good chart -
http://uk.hardware.info/reviews/4461/29/amd-a10-6800k--a10-6700-cpu-review-richland-tested-benchmarks-igpu-truecrypt-71-aes-+-aes-ni
Comparison of CPU's https://bitsharestalk.org/index.php?topic=1498.0
http://agran.net/memorycoin2_calc.html


CPU Mining Pools
http://mmcpool.com/
http://dwarfpool.com/
http://mmc.gpools.com/

GPU Mining Pools
http://mmc.1gh.com/

Mining Pool Wiki
http://www.mmcwiki.com/

Voting
How does Voting Work? - http://memorycoin.org/how-to-vote/
The blockchain is Looking to hire - http://memorycoin.org/board/
Votes - http://mmcvotes.com/

Parameters
POW Hash: Momentum (64K XOR AES-CBC x 50) with SHA512 Generation
Block target: 6 minutes
Port: 1968
Codebase: ProtoShares 0.8.6 (Bitcoin 0.8.5)
Block reward: 280 MMC, 5% reduction every 1680 blocks
Total Coins: 10 Million coins in the first 2 years, 2% inflation thereafter
Difficulty Retargeting: Every block with the Kimoto 'Gravity Well'

MemoryCoin Beta
~6.2% – Balances from the MemoryCoin Beta as at block 8820 were transferred into the new blockchain at Block 1. You can import your MemoryCoin Beta balance by copying your wallet into place after installing the new MemoryCoin QT client.

Premine
~1.12% – ProtoShares Holders
ProtoShares owners as at Block 32000 received a distribution at a rate of 1 MMC for each 10PTS. With around 1 Million PTS issued, about 112,000MMC were distributed in this way and PTS owners will cumulatively have a 1% stake in MemoryCoin at launch. You can import your balance by using your ProtoShares wallet with MemoryCoin. It is recommend that you transfer your balance to a fresh MemoryCoin wallet after import.


Source
Based on the ProtoShares code base, which is based on Bitcoin 0.8.5
https://github.com/memorycoin/memorycoin

Block Explorer
http://www.mmc-chain.com/?engine=blockexplorer
http://www.chainbrowser.com/memorycoin/

Charts
http://s4l1h.github.io/mmc/

Exchanges
BTC - http://bter.com/trade/mmc_btc
CNY - http://bter.com/trade/mmc_cny
Gold - http://www.coaex.com/

Nodes
http://www.mmc-chain.com/?engine=nodeexplorer

Websites
http://www.memorycoin.org/
http://memorycoin.info/

Forum
https://bitsharestalk.org/index.php?board=35.0

Online Wallet
https://www.mmc-wallet.com/

Faucet
http://mmcfaucet.com/

Gambling
http://memorycoinvoting.com/dice/


Trolling posts will be deleted - please take off-topic or inflammatory discussions to another thread. No buying/selling posts on this thread please.

The internet is freedom to communicate without permission. Crypto is freedom to trade without permission.

HODLCoin ANN - Interest rate 0.000015% per block for every balance. Term Deposit Rate 2500% - http://hodlcoin.com/
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December 14, 2013, 11:17:56 AM
 #2

So its a CPU-Coin?

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December 14, 2013, 11:26:24 AM
 #3

So its a CPU-Coin?

Apparently.

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testz
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December 14, 2013, 11:26:40 AM
 #4

Nodes:
addnode=180.183.156.250:1968
addnode=76.24.94.154:1968
addnode=62.43.2.239:1968
addnode=82.52.177.81:1968
addnode=84.249.109.128:1968
addnode=78.239.107.25:49568
addnode=90.231.187.171:50251
addnode=70.112.30.253:26959
addnode=74.88.177.35:16511
addnode=54.200.207.220:49260
addnode=193.92.140.209:51570
addnode=95.89.105.134:1968
addnode=79.3.168.143:1968
addnode=91.157.155.98:1968
addnode=78.239.107.25:1968
addnode=87.49.126.92:1968
addnode=94.122.229.201:1968
addnode=94.3.149.107:1968

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December 14, 2013, 11:43:15 AM
 #5

Will there be a bonus for current protoshares owners? I read about it somewhere but don't remember details.

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December 14, 2013, 01:14:52 PM
 #6

i wanna mine Grin Grin Grin Grin
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December 14, 2013, 01:48:00 PM
 #7

What unique in this coin?

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December 14, 2013, 01:50:23 PM
 #8

What unique in this coin?

Its depends from what you are looking, at least it's not copypasta coin.

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December 14, 2013, 01:58:32 PM
 #9

Sounds cool. Smiley
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December 14, 2013, 02:01:11 PM
 #10

What unique in this coin?

Its depends from what you are looking, at least it's not copypasta coin.

true. someone explain the voting system. I'm not much of a fan of the hashing algorithm, but the voting system is intriguing.

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December 14, 2013, 02:04:21 PM
 #11

What unique in this coin?

Its depends from what you are looking, at least it's not copypasta coin.
I'm looking for new and perspective coins. Coins that have something real. Tagcoin for instanse has a good dev team and something new. What this coin has?

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Where DAO Unicorns are born
|
.
1st Bitcoin & Ethereum DAO for DAOs
1st Decentralized Chatbot to Smart Contracts Interaction System

|
.
Wings Bounties Earn Eggs
X-Blockchain DAO

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December 14, 2013, 02:15:51 PM
 #12

What unique in this coin?

Its depends from what you are looking, at least it's not copypasta coin.
I'm looking for new and perspective coins. Coins that have something real. Tagcoin for instanse has a good dev team and something new. What this coin has?

In this case you should look to ProtoShares/BitShares: https://bitsharestalk.org/index.php?topic=13.0
MemoryCoin 2.0 also honor ProtoShares shareholders: https://bitsharestalk.org/index.php?topic=1310.0

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December 14, 2013, 02:41:58 PM
 #13

mark. sounds not bad.

LottoCoin - LOT - the coin that's a game! lottocoin.org
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December 14, 2013, 02:57:44 PM
 #14

And where it is possible to download a purse for production?
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December 14, 2013, 05:19:13 PM
 #15

mmm... interested  Wink

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December 14, 2013, 05:36:10 PM
 #16

I'll be updating this post with full details of MemoryCoin 2.0 over the next day for the launch.

The initial blocks will contain small block rewards, gradually increasing to a full block reward over the course of 48 hours - so you won't have any large advantage from starting at exactly the right moment - don't panic over the first few blocks.

Proof of Work
-------------
PoW is a modified Momentum based algorithm. It has a small SHA512 component, and a large AES component - chips with AES-NI instruction sets will fare *much* better -

https://bitcointalk.org/index.php?topic=355532.msg3945848#msg3945848
http://en.wikipedia.org/wiki/AES_instruction_set#Supporting_CPUs

The miner included with the MemoryCoin-qt will take advantage of AES-NI instruction sets.
Note - you might need to enable AES-NI in your BIOS - some manufacturers ship with it disabled.

Voting
------
The blockchain is Looking to hire
https://bitcointalk.org/index.php?topic=369487.0

Parameters
-----------
Approximately 10 Million coins in the first 2 years, distribution favours early adopters
2% inflation per year after the first 2 years
5% Block reduction per week
6 Minute blocks
Difficulty adjustment every block, based on the previous 12 blocks

Codebase
---------
Based on the ProtoShares code base, which is based on Bitcoin 0.8.5

Trolling posts will be deleted - please take off-topic or inflammatory discussions to another thread.
reserved
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December 14, 2013, 05:56:49 PM
 #17

Nice and interesting  Grin

Did i5 3470 has AES-NI ?
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December 14, 2013, 06:05:49 PM
 #18

Good work Freetrade. This should be the most GPU resistant coin on the market. Someday a GPU miner will probably appear, but it's more difficult to develop in comparison to Primecoin or Quarkcoin.

p.s.

Freetrade, I hope you did read my reply to your PM in time.

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December 14, 2013, 06:20:58 PM
 #19

To the developer: the request to lay out at once not only code source codes, but also the compiled versions under Windows. it will be dishonest in relation to ordinary users
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December 14, 2013, 06:24:47 PM
 #20

Hey Freetrade. I'll put together a quick website if I have time. Going full steam on Invictus stuff right now though.

Here is a guide for mining MemoryCoin 2.0
https://bitcointalk.org/index.php?topic=372233.0

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