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Author Topic: Execoin: | First Open-Source Stealth Wallet Released! | Fast | ASIC-proof  (Read 276191 times)
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niroid01
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March 01, 2014, 03:35:04 PM
 #221



Launch date: February 27, 2014, 15:00 EST
Official website: www.execoin.net
Reddit: www.reddit.com/r/Execoin/

About Execoin

Execoin is a new cryptocurrency featuring progressive ASIC and multi-pool resistance as a major difference compared to other coins. These innovations make Execoin stable, rare and security-oriented coin even with the further development of newer generation of ASIC miners designed for scrypt algorithm. It is obvious that custom mining hardware (ASIC miners) is a major concern for decentralized structure of any cryptocoin network and for stability of coin market value. Scrypt algorithm has been implemented in Litecoin to make use of first ASICs financially unfeasible by utilizing larger amounts of memory for hash computation and it worked fine for some time. However now we're expecting newer generations of ASICs specially designed for scrypt algorithm and these miners can severely corrupt distributed structure of network and negatively impact market value of scrypt-based currencies.

Execoin represents a new generation of crypto currencies that put independence from ASIC miners as a priority. Its progressive-N algorithm increases memory usage with time in a progressive manner to be ahead of newer ASIC models in the future. Multipools also negatively impact both security of the network and coins' market value by concentrating mining power and dumping large amounts of coins to the exchanges. Custom miner software that already has been created for Execoin cannot be used in multipools and, on the other hand, standard mining software suitable for multipool use cannot be utilized to mine Execoin.


What will happen when new ASICs will be available for mining?

Here is a very possible scenario for cryptocoin market for the nearest future and it clearly explains why new generation of coins like Execoin is highly demanded now and will be most demanded in the future and its value will raise. When scrypt-specific ASICs will be out to the real world they will quickly make GPU mining useless like it's already been done with Bitcoin. Huge computation power of existent GPU mining rigs will start looking for alternatives like it's already happened in the past and made Litecoin and other scrypt-based coins very popular. And this alternative is Execoin and newer coins with ASIC-proof algorithms as an evolution of current scrypt-based coins. Market value of Execoin will boost greatly with announcing of newer ASIC miners and will keep going up with GPU miners switching to alternative currencies after making them non-profitable to mine regular scrypt coins. Execoin's algorithm ensures stability and decentralization of the network even with the development of more and more powerful and sophisticated ASIC hardware and guarantees stable value of this coin on the market.


Features

  • Progressive ASIC resistance that guarantees withstanding to newer generations of ASICs designed for scrypt algorithm
  • Embedded multi-pool resistance due to different algorithm
  • DNS node seeder client functionality integrated into wallet to ensure stable connection - no need to enter nodes manually
  • 45 seconds average block time guarantees fast confirmation of transactions and make Execoin the fastest ASIC-resistant coin
  • No premine at all

Technical Details

  • Algorithm: Scrypt-Progressive-N with optimized schedule (scientific name: scrypt Salsa20/8(N, 1, 1), PBKDF2(SHA2))
  • Symbol: EXE
  • Max Coins: 84 million
  • Block time: 45 seconds
  • Subsidy: halves every 840,000 blocks (~437 days)
  • Difficulty Re-Target Time: Every 1920 blocks (~24 hours)
  • Block Rewards: 50 coins per block
  • Premine: Absolutely no premine!

N and its corresponding N-Factor are parameters of scrypt algorithm that determine the amount of memory required for hashing functions. Original scrypt algorithm (scrypt Salsa20/8(1024, 1, 1), PBKDF2(SHA2)) uses constant N (1024) and it can withstand older ASIC miners, but with a development of new custom ASICs for original scrypt algorithm, N-factor should be increased with time to resist more powerful and specialized computing hardware. Execoin's Scrypt-Progressive-N algorithm provides this N-factor progressive increase to ensure that any possible future ASICs development will not impact security and stability of the network and Execoin will stay rare, difficult to mine currency with a stable market value in the longer run.

See Execoin Scrypt-Progressive-N schedule of N-factor increases:

TimeStamp: 1390959880; Date and Time: 28 Jan 2014 20:44; N-Factor: 10; N: 2048;
TimeStamp: 1438295269; Date and Time: 30 Jul 2015 18:27; N-Factor: 11; N: 4096;
TimeStamp: 1485630658; Date and Time: 28 Jan 2017 14:10; N-Factor: 12; N: 8192;
TimeStamp: 1532966047; Date and Time: 30 Jul 2018 11:54; N-Factor: 13; N: 16384;
TimeStamp: 1580301436; Date and Time: 29 Jan 2020 07:37; N-Factor: 14; N: 32768;
TimeStamp: 1627636825; Date and Time: 30 Jul 2021 05:20; N-Factor: 15; N: 65536;
TimeStamp: 1674972214; Date and Time: 29 Jan 2023 01:03; N-Factor: 16; N: 131072;
TimeStamp: 1722307603; Date and Time: 29 Jul 2024 22:46; N-Factor: 17; N: 262144;
TimeStamp: 1769642992; Date and Time: 28 Jan 2026 18:29; N-Factor: 18; N: 524288;
TimeStamp: 1816978381; Date and Time: 30 Jul 2027 16:13; N-Factor: 19; N: 1048576;
TimeStamp: 1864313770; Date and Time: 28 Jan 2029 11:56; N-Factor: 20; N: 2097152;
TimeStamp: 1911649159; Date and Time: 30 Jul 2030 09:39; N-Factor: 21; N: 4194304;
TimeStamp: 1958984548; Date and Time: 29 Jan 2032 05:22; N-Factor: 22; N: 8388608;
TimeStamp: 2006319937; Date and Time: 30 Jul 2033 03:05; N-Factor: 23; N: 16777216;
TimeStamp: 2053655326; Date and Time: 28 Jan 2035 22:48; N-Factor: 24; N: 33554432;
TimeStamp: 2100990715; Date and Time: 29 Jul 2036 20:31; N-Factor: 25; N: 67108864;
TimeStamp: 2148326104; Date and Time: 28 Jan 2038 16:15; N-Factor: 26; N: 134217728;
TimeStamp: 2195661493; Date and Time: 30 Jul 2039 13:58; N-Factor: 27; N: 268435456;
TimeStamp: 2242996882; Date and Time: 28 Jan 2041 09:41; N-Factor: 28; N: 536870912;
TimeStamp: 2290332271; Date and Time: 30 Jul 2042 07:24; N-Factor: 29; N: 1073741824;
TimeStamp: 2337667660; Date and Time: 29 Jan 2044 03:07; N-Factor: 30; N: 2147483648;


Block Explorer

http://95.85.39.247

Mining Execoin

Execoin cannot be mined with standard CGminer so please download custom version of CGminer/CUDAminer designed for execoin algorithm.

For AMD GPU mining:

Windows version


Please use --nscrypt parameter to mine!

Please note that Progressive-N algorithm may need different GPU settings! Also, due to more intensive memory usage your hashrate will be around 50% of the hashrate you would get mining regular scrypt currency.

For Nvidia GPU mining:

Windows 32/64bit
Mac OS X Mavericks
Mac OS X Lion/Mountain Lion
source

Please note that Progressive-N algorithm may need different GPU settings! Also, due to more intensive memory usage your hashrate will be around 50% of the hashrate you would get mining regular scrypt currency.

Solo mining with a wallet:

 Create execoin.conf file in your profile folder with the following contents:

 daemon=1
 server=1
 rpcallowip=127.0.0.1
 rpcuser=user
 rpcpassword=password

 Point your miner to http://127.0.0.1:9988
 For example, for CUDAMiner you will want to use the following string: cudaminer --algo=scrypt:2048 -o http://127.0.0.1:9988 -u user -p password

CPU mining with a wallet (slow):

Choose "Help" in your Execoin wallet, select "Debug" window, select "Console", type “setgenerate true ”, type "getmininginfo" to see hashrate.
As an alternative, you can also put gen=1 in execoin.conf (but you will need to create one in execoin folder of your profile).


Wallet

Please download from our website www.execoin.net
Bitcointalk does not allow to post any links to files containing the word 'exe' :-)

Nodes? Unlikely that you will need any of them, since we implemented multiple DNS seeders in the network, so your client should connect to the Execoin network
automatically without delays. But here are some of the nodes just in case.


Pools

exe.coinsprofit.com (NEW!)
exe.ecurie.io (NEW!)
exe.poolz.net (NEW!)
pool.execoin.net
exe.coinpool.cc


Pools owners please send request to pools@execoin.net to be included to the pool's list!


Exchanges


http://t.nxt-e.com/nxt-e.gif  
 NXT-e   www.nxt-e.com



UPDATE: Dear miners, since Bitcointalk has some limitations for the number of messages and/or doesn't allow to post them frequently we cannot reply to every post! :-( We're
here and keep working hard to make Execoin strong, popular and stable currency in a longer run! Thank you.

Yours, developers team




are u kidding or something, why u told it starts 27/02 and there are movements on market on 24/02?? tell us
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March 01, 2014, 03:54:39 PM
 #222


[/quote]

are u kidding or something, why u told it starts 27/02 and there are movements on market on 24/02?? tell us
[/quote]

check this link:
https://www.nxt-e.com/default.aspx?m=18

I think you were seeing nxt market

https://dash-stats.com XoPGniokL6rRahoKviBza8oqWSTyUQPkAF
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March 01, 2014, 04:17:47 PM
 #223

nice coin Grin
whether it is realistic that the 1 coin price reached $ 2?
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March 01, 2014, 04:29:35 PM
 #224

nice coin Grin
whether it is realistic that the 1 coin price reached $ 2?

It will take months for that to happen. And of course, it will happen if devs are working hard and the community is helping. The coin is pretty easy to mine atm and there will be a lot of dumpers.

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March 01, 2014, 05:12:38 PM
 #225

https://www.nxt-e.com/default.aspx?m=18 is very slow... Loading along time  Huh
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March 01, 2014, 05:27:56 PM
 #226

This is the only interesting new coin to arrive for quite some time. Looks like a slight improvement over Vert, which also didn't get much attention until the price exploded.
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March 01, 2014, 05:28:50 PM
 #227

with mem 1500 and clock 1100, it's still about 360, that oc don't give me much

but he have a 290, he should get 450kh/s..

I underclocked Voltage, GPU clock and Mem clock. If you know settings to get 450 Kh/s let me know, I will consider it.


LISK...Delegate name: punkrock
Address: 6853061742992593192L
...SHIFT...Delegate name: punkrock
Address: 15773155524407127430S
...OXY...Delegate name: punkrock
Address: 306144057182738275X
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March 01, 2014, 05:32:11 PM
 #228

i'm not really in to 290, i don't now the exact settings, but i've seen that other people here have a result around 450kh/s
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March 01, 2014, 05:38:30 PM
 #229

Hi Guys,

Just wanted to drop by and let you guys know that we are looking at new coins being launched and considering adding them to our exchange to be traded at our launch, which will probably be the biggest launch for any altcoins exchange yet. Since our announcement 9 days ago we already have over 1700 followers and 36 altcoins added  Follow us on twitter https://twitter.com/LazyCoins and vote.

Good Luck!

https://bitcointalk.org/index.php?topic=471779.0


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March 01, 2014, 05:41:41 PM
 #230

i'm not really in to 290, i don't now the exact settings, but i've seen that other people here have a result around 450kh/s

Please notice, that I am mining at -I 17. Anyway... 450 kH/s is not possible in a healthy way. I tried -I 20 and get 400 kH/s but then my PC is lagging as hell and I can't work with it. -I 17 is the maximum for me.


LISK...Delegate name: punkrock
Address: 6853061742992593192L
...SHIFT...Delegate name: punkrock
Address: 15773155524407127430S
...OXY...Delegate name: punkrock
Address: 306144057182738275X
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March 01, 2014, 05:46:16 PM
 #231

i'm not really in to 290, i don't now the exact settings, but i've seen that other people here have a result around 450kh/s

Please notice, that I am mining at -I 17. Anyway... 450 kH/s is not possible in a healthy way. I tried -I 20 and get 400 kH/s but then my PC is lagging as hell and I can't work with it. -I 17 is the maximum for me.



try -g 2 with -I 13
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March 01, 2014, 05:46:45 PM
 #232

Execoin wallet binary for Linux is available on our website www.execoin.net/files/execoind

Built on Ubuntu 12.04 64 bit.
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March 01, 2014, 05:47:39 PM
 #233

Execoin wallet binary for Linux is available on our website www.execoin.net/files/execoind

Built on Ubuntu 12.04 64 bit.


Thanks






_______________________________________________________________________________ _________________________________
Next Coin Lite - Fair Distribution
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March 01, 2014, 05:59:12 PM
 #234

Im glad I started mining here from the start. Switched to another coin now I'm back here!

Let's color the MOON: Y6k7wiCrSH1D7xSsGNxBBoxfDYJS38RYrs
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March 01, 2014, 06:02:59 PM
 #235

===== New execoin Pool ====

http://exe.ecurie.io


DDoS Protected
Dedicated Server
Prop
Stratum
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March 01, 2014, 06:04:44 PM
 #236

Pls give  me config r9 270 and 7950 Sad . I try many time but it does not work.

Thanks.

greece pool http://greece.xpoolcoin.com ! 0.5 FEE
titanium pool http://titanium.xpoolcoin.com ! 0.5 FEE

Forum:http://forum.xpoolcoin.com
Twitter :https://twitter.com/xpoolcoin
Email :support@xpoolcoin.com
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March 01, 2014, 06:13:13 PM
 #237

Pls give  me config r9 270 and 7950 Sad . I try many time but it does not work.

Thanks.
post your current config file commands. That way it will be easier to help you

Let's color the MOON: Y6k7wiCrSH1D7xSsGNxBBoxfDYJS38RYrs
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March 01, 2014, 06:39:31 PM
 #238

Pls give  me config r9 270 and 7950 Sad . I try many time but it does not work.

Thanks.

Code:
"intensity" : "17",
"kernel" : "scrypt",
"vectors" : "1",
"worksize" : "256",
"lookup-gap" : "2",
"thread-concurrency" : "15232",
"shaders" : "0",
"api-listen" : true,
"api-allow" : "W:127.0.0.1",
"api-port" : "4028",
"expiry" : "1",
"gpu-dyninterval" : "7",
"gpu-platform" : "0",
"gpu-threads" : "1",
"gpu-engine" : "1075",
"gpu-memclock" : "1250",
"gpu-powertune" : "10",
"no-submit-stale" : true,
"auto-fan" : true,
"gpu-fan"  : "30-70",
"auto-gpu" : true,
"temp-target" : "60",
"temp-overheat" : "65",
"temp-cutoff" : "70",
"log" : "5",
"no-pool-disable" : true,
"queue" : "0",
"scan-time" : "1",
"shares" : "0",
"kernel-path" : "/usr/local/bin",
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March 01, 2014, 06:40:16 PM
 #239

Pls give  me config r9 270 and 7950 Sad . I try many time but it does not work.

Thanks.
post your current config file commands. That way it will be easier to help you

this is my config:

GPU 0 is 7950, GPU 1,2 and gpu 3 is r9 270.  7950 only 150, and r9 270 only 135khs Sad

exeminer.exe --nscrypt -o stratum+tcp://stratum.coinpool.cc:3333 -u x -p x -w 256 -g 2 -I 11,11,11,11 --lookup-gap 2 --gpu-engine 1100,1000,1000,1000  --gpu-memclock 1500,1425,1425,1425 --thread-concurrency 11000,6336,6336,6336

greece pool http://greece.xpoolcoin.com ! 0.5 FEE
titanium pool http://titanium.xpoolcoin.com ! 0.5 FEE

Forum:http://forum.xpoolcoin.com
Twitter :https://twitter.com/xpoolcoin
Email :support@xpoolcoin.com
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March 01, 2014, 06:49:27 PM
 #240


Dear miners and traders!

New coins exchange LazyCoins will be launched very soon and this is going to be one of the biggest exchanges. And it is confirmed that Execoin will be there too!

We would like to ask everyone to help LazyCoins to reach as many followers at twitter as we can by tonight. Please vote here: https://twitter.com/LazyCoins

Thank you for your support of Execoin!


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