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Author Topic: Execoin: | First Open-Source Stealth Wallet Released! | Fast | ASIC-proof  (Read 271585 times)
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execoin
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February 27, 2014, 07:57:51 PM
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IMPORTANT! Execoin has been restarted from block 307770, bugs are fixed.
Please update your wallets (important!) and resync.


Execoin has released first open-source Electrum wallet with stealth addresses support! Discover more at www.electrum-exe.org/stealth and on our website!



Official Execoin Whitepaper explaining key strengths of Execoin, recent updates, development strategy and future plans is now available for public download:
www.execoin.net/files/execoin-whitepaper.pdf


A detailed article uncovering Execoin's own implementation of Stealth addresses and future plans has been published at cryptocoinchronicle.com/2014/06/execoin-innovates-plus-giveaway/


Electrum-EXE Lightweight SPV Wallet for Execoin (beta) is now available
electrum-exe.org/

Pock.io gift card store now accepts Execoin

http://pock.io offers a variety of gift cards for popular online stores like Amazon, GooglePlay, SteamWallet, XBox and many others. Buy gift cards with EXE now!


First triple EXE/MON/PLX non-p2p mining pool is available at exemerged.poolz.net


Execoin is now traded on FIAT exchange

Execoin is now traded on c-cex FIAT exchange! Direct EXE to USD trading (Visa / MC deposits available, PayPal withdrawals and many other options) and EXE to BTC trading.

https://c-cex.com/?p=exe-usd
https://c-cex.com/?p=exe-btc


Execoin wallet for Android devices has been released and is now available on Google Play!


Have your Execoins always with you, in your pocket with mobile wallet! You pay by quickly scanning a QR-code. As a merchant, you receive payments reliably and instantly. Execoin Wallet for android is the first mobile Execoin app, and arguably also the most secure! Install from Google Play:
play.google.com/store/apps/details?id=ca.execoin.wallet.execoin


Exelite - Lightweight Java Wallet with Paper Backup functionality has been released for Execoin!


Exelite is a cross-platform wallet with blazingly fast synchronization and lesser disk space requirements. This release makes Execoin the first ASIC-resistant coin with light wallet!
More details on recently launched dedicated website: www.exelite.org New version in available!
   

Launch date: February 27, 2014, 15:00 EST
Official website: www.execoin.net
Reddit: www.reddit.com/r/Execoin/
Reddit tipbot: www.reddit.com/r/exetipbot/wiki/index
Twitter: www.twitter.com/execoin_dev
Facebook: www.facebook.com/execoin
Exelite wallet: www.exelite.org
Electrum-EXE wallet with stealth: www.electrum-exe.org/stealth


Execoin in media:

Review: Electrum Execoin stealth wallet review www.cryptocoinsnews.com/news/electrum-execoin-stealth-wallet-review/2014/07/16
Article: ExeCoin Press Release - First Electrum With Stealth Implementation, New PoW Algorithm And More!
www.cryptoarticles.com/crypto-news/execoin-press-release-first-electrum-with-stealth-implementation-new-pow-algorithm-and-more
Article: Execoin innovates again www.cryptocoinchronicle.com/2014/06/execoin-innovates-plus-giveaway/
Article: Execoin – Vanguard of the ASIC-Free Zone www.cryptocoinsnews.com/2014/03/23/execoin-vanguard-asic-free-zone/
Article: Execoin – Scrypt ASIC Resistant www.cryptocoinsnews.com/2014/03/11/execoin-asic-resistant/
Article: Execoin: Surviving the future www.coinwrite.org/articles/coins/execoin-surviving-future/
Article: Configure P2Pool for Execoin www.cryptocoinsnews.com/2014/03/12/configure-p2pool-for-execoin/
Article: MAT Taking Pre-Orders on Scrypt ASICs www.cryptocoinsnews.com/2014/03/12/mat-scrypt-asics/


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
  • Kimoto Gravity Well difficulty retarget 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: 26'140'450 EXE
  • Block time: 45 seconds
  • Subsidy: starting from block 307770, decreases every week by 2.5%
  • Difficulty Re-Target Time: Every block (Dark Gravity Well v.3)
  • Block Rewards: 20 coins per block, starting from block 307770, decreases every week by 2.5%
  • 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: 2048;
TimeStamp: 1438295269; Date and Time: 30 Jul 2015 18:27; N: 4096;
TimeStamp: 1485630658; Date and Time: 28 Jan 2017 14:10; N: 8192;
TimeStamp: 1532966047; Date and Time: 30 Jul 2018 11:54; N: 16384;
TimeStamp: 1580301436; Date and Time: 29 Jan 2020 07:37; N: 32768;
TimeStamp: 1627636825; Date and Time: 30 Jul 2021 05:20; N: 65536;
TimeStamp: 1674972214; Date and Time: 29 Jan 2023 01:03; N: 131072;
TimeStamp: 1722307603; Date and Time: 29 Jul 2024 22:46; N: 262144;
TimeStamp: 1769642992; Date and Time: 28 Jan 2026 18:29; N: 524288;
TimeStamp: 1816978381; Date and Time: 30 Jul 2027 16:13; N: 1048576;
TimeStamp: 1864313770; Date and Time: 28 Jan 2029 11:56; N: 2097152;
TimeStamp: 1911649159; Date and Time: 30 Jul 2030 09:39; N: 4194304;
TimeStamp: 1958984548; Date and Time: 29 Jan 2032 05:22; N: 8388608;
TimeStamp: 2006319937; Date and Time: 30 Jul 2033 03:05; N: 16777216;
TimeStamp: 2053655326; Date and Time: 28 Jan 2035 22:48; N: 33554432;
TimeStamp: 2100990715; Date and Time: 29 Jul 2036 20:31; N: 67108864;
TimeStamp: 2148326104; Date and Time: 28 Jan 2038 16:15; N: 134217728;
TimeStamp: 2195661493; Date and Time: 30 Jul 2039 13:58; N: 268435456;
TimeStamp: 2242996882; Date and Time: 28 Jan 2041 09:41; N: 536870912;
TimeStamp: 2290332271; Date and Time: 30 Jul 2042 07:24; N: 1073741824;
TimeStamp: 2337667660; Date and Time: 29 Jan 2044 03:07; N: 2147483648;


Block Explorer

explorer.execoin.net
execo.in

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
Linux binary
Source


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

Windows installer
Windows exe (ready to run single exe-file, no additional DLLs or config files required)
Mac OS (will be rebuilt with fixes later)
Source

Electrum-EXE wallet with stealth!
Paper wallet
Light wallet (Exelite)
Android wallet installation from Google Play

   
*If you browser detects windows wallets as suspicious files by mistake and doesn't allow you to download them please download wallets from here (encrypted ZIP archive, password: execoin):

Windows installer (ZIP)
Windows exe (ZIP) (ready to run single exe-file, no additional DLLs or config files required)
 
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


pool.execoin.net Pool fee is going to Execoin fund in full!
exe.poolz.net
exe.coinpool.cc
exe.dedicatedpool.com
exe.suchpool.pw
exe.hashing.at
exe.coinsprofit.com
exe.ecurie.io
5plus.guru/exe/

Chinese pools:

exe.yun235.net
exe.ltcp.net
http://momo520.cn/ex

Merged mining pools:

exemerged.poolz.net (Triple EXE/MON/PLX non-p2p merged mining pool)
www.hashharder.com/scrypt-n/exe%20merged
 (Execoin + Parallax Merged Mining)

P2pools:

http://p2poolcoin.com:9173
http://exe.hashcrop.info:9173
http://exe.p2pools.info
http://96.126.121.117:9173
http://cornflower.myvnc.com:9173
http://ec2-54-186-36-163.us-west-2.compute.amazonaws.com:9173
http://freebtc.eu:9173

P2pool sources: github.com/paniczklos/p2pool-exe
P2pool node scanner: exe.p2pools.info

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


Exchanges

 Cryptsy:        www.cryptsy.com/markets/view/183
 Poloniex:        www.poloniex.com/exchange
 CoinedUp:      www.coinedup.com
 C-CEX:          www.c-cex.com (FIAT exchange EXE/USD!)
 NXT-e:          www.nxt-e.com
 Coinader:       www.coinader.com
 Bittrex:          www.bittrex.com
 Exarena:        https://exarena.net
 Bit-G:            http://www.bit-goldcoin.com/exchange-619.html (Chinese)
 Cryptokopen:  cryptokopen.eu/buy-ExeCoin



Merchants / Stores/ Services

The following stores/services accept EXE as a payment method. Some of them also offer discounts for purchases in EXE!

http://pock.io : offers gift cards for a dozen of popular online stores like Amazon, Steam, XBox etc!
http://premiumgiftcards.com : offers Hulu Plus, Amazon Prime, Spotify, Rdio, DeviantArt Premium, LastPass and Backblaze; Steam, XBox, Playstation and Origin codes!
http://healthiverse.net : Nootropics products.
http://serverbros.co.uk : VPS server and hosting provider.
http://retrotowers.co.uk : Retro game consoles accessories and parts.
http://vps4.me : VPS and hosting provider.
http://briehost.com : VPS and hosting provider.
http://metaneural.com : cryptocurrency trading software
http://waterido.com : drinking water treatment solutions
http://51attack.com : Crypto Miner Gear
https://www.pexpeppers.com : Perfect hotsauce!



Execoin Development Fund

Donations will be greatly appreciated:

EXE: EZF3TXHFEwK58cjESPewcPHk9pZ5M6nDBF  
BTC: 1D9x2Jt3uJUxptZZLha1UvzAeHR7tn9zpS

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bcd
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February 27, 2014, 08:03:00 PM
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Wallet scan results?
execoin
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February 27, 2014, 08:13:56 PM
 #3

LMAO!!!!!


In the ANN:     Official website: http[Suspicious link removed]coin.net

Our website is execoin.net

Something works wrong here - no links and no logo while it should be here!
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Blocklancer - Freelance on the Blockchain


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February 27, 2014, 08:15:30 PM
 #4

{
"blocks" : 1061,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 1398122,
"pooledtx" : 0,
"testnet" : false
}

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February 27, 2014, 08:19:16 PM
 #5

no link :-(
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February 27, 2014, 08:19:22 PM
 #6

what kind of miner u need to use? vert? max?

Donate me :-)
BTC: 1NAZYVrf4tUagVxQhBkBkpntkZPgLuB5vJ
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February 27, 2014, 08:19:53 PM
 #7

starting time please
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February 27, 2014, 08:20:38 PM
 #8

starting time please

come and gone

Reputation thread - https://bitcointalk.org/index.php?topic=207526.0

BTC: 1Lx4N52ZWBJ2ieRudrrUGjec6RybBuGhVV
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February 27, 2014, 08:20:52 PM
 #9

ANN after launch ?

No, of course not. Announced and then launched. The problem is links are not properly shown here. It seems .exe files are recognized by bitcointalk as viruses :-)
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February 27, 2014, 08:23:12 PM
 #10

Starting time for miner please
execoin
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February 27, 2014, 08:26:52 PM
 #11

starting time please

Just started at 2.58 EST! Right after announce. You can find all the information at www.execoin.net
Links here are not properly shown for some reason.
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February 27, 2014, 08:30:10 PM
 #12

Code:
"blocks" : 2247,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : 8,
"hashespersec" : 0,
"networkhashps" : 1534502,
"pooledtx" : 0,
"testnet" : false
I mined 8 blocks so far, of course I'm not counting few hundred orphans.

My hobby: mining CPU-only coins with GPU
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February 27, 2014, 08:33:41 PM
 #13

Code:
"blocks" : 2247,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : 8,
"hashespersec" : 0,
"networkhashps" : 1534502,
"pooledtx" : 0,
"testnet" : false
I mined 8 blocks so far, of course I'm not counting few hundred orphans.

You are lucky i am at 32 orphans and 3800 Rejects and no valid block yet
I think i just pass this one
execoin
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February 27, 2014, 08:36:50 PM
 #14

starting time please

Just started at 2.58 EST! Right after announce. You can find all the information at www.execoin.net
Links here are not properly shown for some reason.

obviously you don't even understand what I'm talking about...

2000+ instamined with a reward of 1K coin, total supply 84m, I'm out gd luck with your shitcoin...

please give us the wallet addresses of instamined coins (using block explorer)!
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February 27, 2014, 08:37:44 PM
 #15

Why difficulty is not up yet?

My hobby: mining CPU-only coins with GPU
execoin
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February 27, 2014, 08:43:34 PM
 #16

Why difficulty is not up yet?

It will be up soon!
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February 27, 2014, 08:52:35 PM
 #17

Why difficulty is not up yet?

It will be up soon!

dont try to fool us please... your shitcoin is an instamined fest with no rediff target after 3K+ block mined
yes :-(
there is no kgw
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February 27, 2014, 08:53:10 PM
 #18

Why difficulty is not up yet?

It will be up soon!

dont try to fool us please... your shitcoin is an instamined fest with no rediff target after 3K+ block mined

difficulty will be up after 1920 x 2 blocks - since chain start time is not when we announced it and first block has been mined but rather than wallet has been compiled
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February 27, 2014, 08:54:51 PM
 #19

ok but still no pool? why?
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February 27, 2014, 08:56:44 PM
 #20

starting time please

Just started at 2.58 EST! Right after announce. You can find all the information at www.execoin.net
Links here are not properly shown for some reason.

obviously you don't even understand what I'm talking about...

2000+ instamined with a reward of 1K coin, total supply 84m, I'm out gd luck with your shitcoin...

please give us the wallet addresses of instamined coins (using block explorer)!

please fix block explorer first, now it displays
Code:
<class '_mysql_exceptions.OperationalError'>: (2002, "Can't connect to local MySQL server through socket '/var/run/mysqld/mysqld.sock' (111)")
      args = (2002, "Can't connect to local MySQL server through socket '/var/run/mysqld/mysqld.sock' (111)")
      message = ''
It also displays your MySQL username and password on the error page  Roll Eyes

My hobby: mining CPU-only coins with GPU
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