[ANN] [VELD] - Veldspar - A new type of coin, trying to solve different problems

[CodIsAFish]

Here is a veldspar discord channel i just created if anybody would like to join: https://discord.gg/w63huZ

One already exists, it's in the main post....

[hankrules]

Here is a veldspar discord channel i just created if anybody would like to join: https://discord.gg/w63huZ

One already exists, it's in the main post....

Oops a daisy.  Thanks!

[editfmah]

Hello, I'm trying your alpha :

Code:

...
Found token! @2018-08-06 12:30:09 +0000 Ore:0 method:0 value:0.5
Token Address: 00000000-0000-00000032-000F92B8-00061284-0004D37B-000CDE...
Token successfully registered with Veldspar node.
...

What to do from here ?
How can we get the network and mining information ?

The next release of the node has a network statistics output,  showing what has been found,  what denominations etc.  I will post a link to the JSON api on here when it’s gone up.

I upgraded to 0.0.3 and it seems that i'm finding way less tokens. Metrics are nice, but rewards have decreased.

That is deliberate.  We may tweak it again if it's not working out.  We wanted to bulk out the middle range 0.5,1,5,10's and reduce the 0.01's and introduce the 100's & 200's to try and create a more realistic spread.

If people are disadvantaged over others that mined early, then I will try to redress that issue.  Because that runs entirely counter to the whole intention of the coin.  But that is mainly because people would get upset if I reset the network and called to start it all again.

[editfmah]

** NEWS **

Mining on a miner version less than 0.0.3 will result in rejected tokens.  Upgrade is possible, download new Ubuntu image if mining on VM.

Torrent for new image on the release tag.

https://github.com/editfmah/Veldspar/releases/tag/v0.0.4

Thanks.

[editfmah]

Hello, I'm trying your alpha :

Code:

...
Found token! @2018-08-06 12:30:09 +0000 Ore:0 method:0 value:0.5
Token Address: 00000000-0000-00000032-000F92B8-00061284-0004D37B-000CDE...
Token successfully registered with Veldspar node.
...

What to do from here ?
How can we get the network and mining information ?

Here is a link to the stats:

http://142.93.36.224:14242/blockchain/stats

There are other api calls too:
http://142.93.36.224:14242/blockchain/currentheight

http://142.93.36.224:14242/blockchain/block?height=35
etc...

[materazi]

Do you need Russian translation of yours Ann ?

[Anthomy]

The project is very good and excellent with an excellent team. I look forward to this project for a long time and I like it. I am sure this project will grow well!

[alibalhas]

Veldspar Miner v0.0.4
---------------------------
Connecting to server 138.68.116.96
Unable to download ORE from the server located at '138.68.116.96', can't continue as cache is also empty.  Please try again later.

??

[elr01]

The links are not working.
It's much more difficult to mine with this new version ?

[ZeroCrypto]

Hello, I'm trying your alpha :

Code:

...
Found token! @2018-08-06 12:30:09 +0000 Ore:0 method:0 value:0.5
Token Address: 00000000-0000-00000032-000F92B8-00061284-0004D37B-000CDE...
Token successfully registered with Veldspar node.
...

What to do from here ?
How can we get the network and mining information ?

The next release of the node has a network statistics output,  showing what has been found,  what denominations etc.  I will post a link to the JSON api on here when it’s gone up.

I upgraded to 0.0.3 and it seems that i'm finding way less tokens. Metrics are nice, but rewards have decreased.

That is deliberate.  We may tweak it again if it's not working out.  We wanted to bulk out the middle range 0.5,1,5,10's and reduce the 0.01's and introduce the 100's & 200's to try and create a more realistic spread.

If people are disadvantaged over others that mined early, then I will try to redress that issue.  Because that runs entirely counter to the whole intention of the coin.  But that is mainly because people would get upset if I reset the network and called to start it all again.

There will always be people who will have a disadvantage when it comes to mining. Even one is early, someone with a mining farm can easily overtake him with regards to number of coins mined. It is admirable though that you are trying to be fair to everyone as much as possible.

[editfmah]

Hello, I'm trying your alpha :

Code:

...
Found token! @2018-08-06 12:30:09 +0000 Ore:0 method:0 value:0.5
Token Address: 00000000-0000-00000032-000F92B8-00061284-0004D37B-000CDE...
Token successfully registered with Veldspar node.
...

What to do from here ?
How can we get the network and mining information ?

The next release of the node has a network statistics output,  showing what has been found,  what denominations etc.  I will post a link to the JSON api on here when it’s gone up.

I upgraded to 0.0.3 and it seems that i'm finding way less tokens. Metrics are nice, but rewards have decreased.

That is deliberate.  We may tweak it again if it's not working out.  We wanted to bulk out the middle range 0.5,1,5,10's and reduce the 0.01's and introduce the 100's & 200's to try and create a more realistic spread.

If people are disadvantaged over others that mined early, then I will try to redress that issue.  Because that runs entirely counter to the whole intention of the coin.  But that is mainly because people would get upset if I reset the network and called to start it all again.

There will always be people who will have a disadvantage when it comes to mining. Even one is early, someone with a mining farm can easily overtake him with regards to number of coins mined. It is admirable though that you are trying to be fair to everyone as much as possible.

I think i'm fine with a farm doing that, as for this concept, someone producing 5k hashes/second should get (on average) 5x the reward of someone mining at 1k h/s.  Because the bigger miner doesn't affect the little guy at all (well in theory is unlikely to).  But the problem was someone mining at 1k h/s using algo v1 would have the same reward as someone producing 5k h/s using v2 algo now.

Which is a shame, and we will be far more vigilant going forward.  It's just a shame it allowed some people to amass 20k coins in a day.

But yeah, big mines should not disadvantage little miners (except for the production of coin, and therefore the dilution of it's value I guess, urgh ... there is always something).

[editfmah]

The links are not working.
It's much more difficult to mine with this new version ?

Sorry, those links above?  They should be working .....

Yes, it is more difficult to mine the ore, but the rewards have been fleshed out to be a bit bigger.

[dkbit98]

Is Veldspar token on etherium blockchain,

or coin with its own blockchain ?

Where can I find and read more information about this ?

Thanks

[rgsnedds]

mining with 130 cpu cores...

avg'ng 1.8KH/s per core.

234KH/s

 

[Tuanken897]

Hi Dev
If you are looking for Vietnamese translator, please contact me.
This is a good project. Looking forward to more updates
Thanks

[editfmah]

Is Veldspar token on etherium blockchain,

or coin with its own blockchain ?

Where can I find and read more information about this ?

Thanks

Nope it is completely original and unique.

[elr01]

The links are not working.
It's much more difficult to mine with this new version ?

Sorry, those links above?  They should be working .....

Yes, it is more difficult to mine the ore, but the rewards have been fleshed out to be a bit bigger.

OK links are now working for me.
And about rewards I can see some 200 one minted, with my old core i7 920

Code:

Processing block 1322 of 1322
Processing block 1323 of 1323
Processing block 1324 of 1324
Incoming token added to your wallet with a value of 0.1
Incoming token added to your wallet with a value of 1.0
Processing block 1325 of 1325
Processing block 1326 of 1326
Processing block 1327 of 1327
Incoming token added to your wallet with a value of 0.5
Incoming token added to your wallet with a value of 200.0
Processing block 1328 of 1328
Processing block 1329 of 1329
Processing block 1330 of 1330
Processing block 1331 of 1331
Processing block 1332 of 1332
Processing block 1333 of 1333
Processing block 1334 of 1334
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.5

[editfmah]

The links are not working.
It's much more difficult to mine with this new version ?

Sorry, those links above?  They should be working .....

Yes, it is more difficult to mine the ore, but the rewards have been fleshed out to be a bit bigger.

OK links are now working for me.
And about rewards I can see some 200 one minted, with my old core i7 920

Code:

Processing block 1322 of 1322
Processing block 1323 of 1323
Processing block 1324 of 1324
Incoming token added to your wallet with a value of 0.1
Incoming token added to your wallet with a value of 1.0
Processing block 1325 of 1325
Processing block 1326 of 1326
Processing block 1327 of 1327
Incoming token added to your wallet with a value of 0.5
Incoming token added to your wallet with a value of 200.0
Processing block 1328 of 1328
Processing block 1329 of 1329
Processing block 1330 of 1330
Processing block 1331 of 1331
Processing block 1332 of 1332
Processing block 1333 of 1333
Processing block 1334 of 1334
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.5

Nice, gotta love those 200's.

[editfmah]

Here is an update on the upcoming maintenance of Veldspar.

https://medium.com/@napoleonbonafrog/veldspar-a-new-beginning-5bf9f08a2482

[cyberspacemonkey]

Nice to see a project with a completely new algo that is for CPU mining only, I hope it stays CPU only for a while.