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Author Topic: [RE-ANN] Galaxycoin Revival! KGW, POS/POW hybrid [TRADING ON CRYPTSY]  (Read 51737 times)
icecube45 (OP)
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March 02, 2014, 10:10:33 AM
Last edit: July 05, 2014, 06:01:54 PM by icecube45
 #1

in the process of updating art and ANN




Announcing galaxycoin - GLX, the latest and innovative PoW/PoS coin! Fair start with zero premined!

Galxycoin is a descedant of Novacoin, it uses both Proof of Work and Proof of Stake. It is effectively resistent to 51% attack. It provides steady coin supply at 64 coins per block, for 8 years. The difficulty retargeted each block, with the last 10 blocks average, this ensures a fast adjustment to the network hashrate, while maintaining a stable transition. The total coins mined will be 538,214,400 coins.

Galaxycoin has a fair start and zero premined, making it one of the best of the altcoins exist today.


Specifications:
- Proof of work/proof of stake
- Scrypt
- 30 seconds block time
- 64 coins per block
- Retarget every block using last 10 blocks average (Reflected in Gravity Well)
- Trade confirmation: 3
- Mint confirmation: 50
- Total number of coins 538,214,400 (8 Years)
- fair start, no premine
- port: Connection 15521 and RPC Port 15522
- Random Block Rewards
- Gravity Well




Exchange:

Cryptsy.com:
https://www.cryptsy.com/markets/view/78




Mining Pools:

Danbi's pool- NEW FORK
http://glxpool.digsys.bg
0% fees

Cryptcoins NEW FORK
http://galaxy.cryptcoins.net
Proportional Payout

If you are a pool dev, please send me your details, so that I may update the page, If I missed a pool, let me know


Blockchain explorer:

Will be up soon (hopefully)



Download:

Windows Client Download:
https://mega.co.nz/#!7wxziYSa!kA0RUpyT04spvzpwxLKp7-a6v6npsEMhNYmEhMXVmro



Source Code Download:
https://github.com/icecube45/galaxycoin



Sample galaxycoin.conf:
Code:
listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=15522
rpcconnect=127.0.0.1
addnode= 87.209.206.80
addnode= 71.4.209.204
addnode= glx.verters.com
addnode= 193.68.21.36

Getting Started:

1. Start up galaxycoin-qt, wait for it to load, then exit.
2. Put galaxycoin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/galaxycoin
3. restart galaxycoin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
      cgminer ex: cgminer.exe --scrypt -o localhost:15522 -u **yourusername** -p **password** (without **)

UPGRADING TO THE 2.0 BLOCKCHAIN
I'll have to redo this when I have time, there is a blockchain download available.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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markj113
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March 02, 2014, 10:33:09 AM
 #2

Extremely slow downloading the blockchain.

Could do with being uploaded somewhere
icecube45 (OP)
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March 02, 2014, 10:50:19 AM
 #3

Extremely slow downloading the blockchain.

Could do with being uploaded somewhere

I'll get on that
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March 02, 2014, 10:54:56 AM
 #4

Extremely slow downloading the blockchain.

Could do with being uploaded somewhere


dump from the pool bro..lol
icecube45 (OP)
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March 02, 2014, 12:01:02 PM
 #5

Extremely slow downloading the blockchain.

Could do with being uploaded somewhere


dump from the pool bro..lol

I don't have access to the pools, or I would

Currently, the blockchain is uploading (I have crappy internet speed)
hero18688
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March 02, 2014, 04:19:54 PM
 #6

No more scrypt shit.Adaptive-N or other algo will be welcome.

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March 02, 2014, 06:13:43 PM
 #7

No more scrypt shit.Adaptive-N or other algo will be welcome.

I am not sure if you can completely switch the algorithm after a fork.
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March 02, 2014, 06:17:45 PM
 #8

Also, the addnodes in the original post is old. Use these:

Code:
addnode=83.144.80.226
addnode=188.226.169.38
addnode=85.14.38.62
addnode=109.197.13.54
addnode=2.236.53.94
addnode=54.201.121.142
addnode=162.220.246.58

After you update the downloading of the blockchain should be much faster.
ckoeber
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March 02, 2014, 06:23:29 PM
 #9

Quote
In the next few days, I plan on putting up a functional block crawler, and updating the art
The update to the client (reason for this takeover), solves a few errors  (this is NOT mandatory)

If you are going to update the client you might as well put a new fork out there.

In the fork, if we can make it so that after a block changes the difficulty doesn't change more than 1% either way that would be awesome.

The biggest reason this coin is having the problems it is having is due to those difficulty spikes.

Making the difficulty change very small (1% or something similar) will do wonders.

icecube45 (OP)
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March 02, 2014, 11:13:40 PM
 #10

Quote
In the next few days, I plan on putting up a functional block crawler, and updating the art
The update to the client (reason for this takeover), solves a few errors  (this is NOT mandatory)

If you are going to update the client you might as well put a new fork out there.

In the fork, if we can make it so that after a block changes the difficulty doesn't change more than 1% either way that would be awesome.

The biggest reason this coin is having the problems it is having is due to those difficulty spikes.

Making the difficulty change very small (1% or something similar) will do wonders.



I've been thinking about a fork, and I feel I will do it.

Ckoeber, I'd like to invite you to the dev team, you were a huge part of keeping the old community alive, and I would love to hear all of your ideas
icecube45 (OP)
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March 02, 2014, 11:40:42 PM
 #11

No more scrypt shit.Adaptive-N or other algo will be welcome.

Ha, I agree with you there, and I wish I could change it, however, I'm just helping this old coin stay afloat
ckoeber
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March 03, 2014, 12:10:58 AM
 #12

I've been thinking about a fork, and I feel I will do it.

Ckoeber, I'd like to invite you to the dev team, you were a huge part of keeping the old community alive, and I would love to hear all of your ideas

Send the info and I'll be sure to consider. I have time constraints but I will contribute what I can.
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March 04, 2014, 12:15:52 AM
 #13

I am willing to check this out. Worth a look at least!  Roll Eyes

Bitcoin: 1KZr3AvQ3m8NWEGbBPzFMFXbzHxpCbkbv4
Huntercoin: HQWSihm1WPJfjdPbeLfdVc6nsqrnJW5fYR
Sync: Si1MjELBXaffuNgEN4Zd3PkM9qzu9pq5k5
MaxiSbr
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March 04, 2014, 02:35:13 AM
 #14

Lets Mine!!
guozhuliu
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March 05, 2014, 03:01:49 AM
 #15

please add the new pool url= http://glx.sumpool.com
1%fee

Hashhot Pool: http://www.hashhot.com 
Next-level Cryptocurrency Professional Mining Pool
ckoeber
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March 05, 2014, 04:33:03 AM
 #16

please add the new pool url= http://glx.sumpool.com
1%fee

Link doesn't work.
icecube45 (OP)
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March 05, 2014, 05:32:17 AM
 #17

please add the new pool url= http://glx.sumpool.com
1%fee

Link doesn't work.

Yeah.. I would add it, but I want a working link first.. ckoeber, join me on ##galaxycoin (webchat.freenode.net)
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March 06, 2014, 04:12:10 PM
 #18

Quote
In the next few days, I plan on putting up a functional block crawler, and updating the art
The update to the client (reason for this takeover), solves a few errors  (this is NOT mandatory)

If you are going to update the client you might as well put a new fork out there.

In the fork, if we can make it so that after a block changes the difficulty doesn't change more than 1% either way that would be awesome.

The biggest reason this coin is having the problems it is having is due to those difficulty spikes.

Making the difficulty change very small (1% or something similar) will do wonders.


Perhaps we should look at implementing the Kimoto Gravity Well (KGW) difficulty algorithm.  Vertcoin, Anoncoin, RonPaulCoin and others have moved to the Kimoto Gravity Well as discussed here https://bitcointalk.org/index.php?topic=431104.0
icecube45 (OP)
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March 06, 2014, 07:59:13 PM
 #19

Quote
In the next few days, I plan on putting up a functional block crawler, and updating the art
The update to the client (reason for this takeover), solves a few errors  (this is NOT mandatory)

If you are going to update the client you might as well put a new fork out there.

In the fork, if we can make it so that after a block changes the difficulty doesn't change more than 1% either way that would be awesome.

The biggest reason this coin is having the problems it is having is due to those difficulty spikes.

Making the difficulty change very small (1% or something similar) will do wonders.


Perhaps we should look at implementing the Kimoto Gravity Well (KGW) difficulty algorithm.  Vertcoin, Anoncoin, RonPaulCoin and others have moved to the Kimoto Gravity Well as discussed here https://bitcointalk.org/index.php?topic=431104.0


I was thinking of doing so, please, join me on ##galaxycoin on freenode
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March 07, 2014, 06:55:41 PM
 #20

Quote
In the next few days, I plan on putting up a functional block crawler, and updating the art
The update to the client (reason for this takeover), solves a few errors  (this is NOT mandatory)

If you are going to update the client you might as well put a new fork out there.

In the fork, if we can make it so that after a block changes the difficulty doesn't change more than 1% either way that would be awesome.

The biggest reason this coin is having the problems it is having is due to those difficulty spikes.

Making the difficulty change very small (1% or something similar) will do wonders.


Perhaps we should look at implementing the Kimoto Gravity Well (KGW) difficulty algorithm.  Vertcoin, Anoncoin, RonPaulCoin and others have moved to the Kimoto Gravity Well as discussed here https://bitcointalk.org/index.php?topic=431104.0


no this will break this coin and the idea of this coin.
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