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honglu69 (OP)
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Activity: 1553
Merit: 23
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January 21, 2024, 01:07:29 AM |
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Proposal to Raise Fund for nonKYC.io Listing Immediately - Treasury/DonationHigh Level Summary - raise about $1000 USDT listing fee for nonKYC.io immediately and apply for listing on Sunday Jan 21, 2024 Projected listing date: Next week, Jan 22 - 23, 2024 Source of funding - Community Treasury + Donation from Dev. Cheetahcoin has been listed at nonKYC.io with great result. NonKYC.io is much better centralized exchange than SouthXchange with great liquidity as seen in past Cheetahcoin trading actions. There is need to act fast and list into a good CEX at low cost immediately, not to drag on feet. The more CEX with great liquidity is better, but the reality is that donation raising takes time as seen in last SouthXchange listing period 3 years ago during last bitcoin bull market. The community was stronger with much more activities in discord/reddit, but donation was not easy, it took several months and effort from all teams actions. We can not afford such long wait and effort for first CEX listing. The listing fee is low enough that solution is ready in this proposal. Funding source: Donation from dev (Hong) and Treasury funding , see below details. - Treasury funding on NENG only, no other coins. The current treasury balance: (1) Donation balance - 663 million NENG, came from past donation for the Hack events for community use, but never used before. http://nengexplorer.mooo.com:3001/address/NMiWtMQg98v6mmhAXasGD95HjzYP9ivCGG(2) Excess NENG reserve for WNENG backing - 733 million This was the 1% premine to back up WNENG 1:1. There are only 740 million WNENG that needs backing. The NENG reserve was reserved too much. The current community treasury holding includes 1473 million NENG plus insignificant WNENG holdings. http://nengexplorer.mooo.com:3001/address/NdN2uarD1uahqHWmr4SXvysiJyyxXCqvYZ1.473 billlion minus 740 million for 1:1 WNENG backing, the excess NENG = 733 million NENG Total above (1) + (2) combined = 1396 million NENG Using pre-southXchange shut down date pricing about 0.00000300 DOGE pricing then, this was about 4188 DOGE or 350 USD of treasury funding in USDT. - Donation from Dev Hong - remaining balance of $1000 USDT, or 650 USDT Total combined: enough funding for nonKYC.io CEX application immediately. Dev Hong will exchange above 1.396 billion NENG for fair value of USDT If any member have issue or concerns, please raise the issue in discord at: https://discord.gg/UPeBwgsWNENG issue - WNENG is out of SouthXchange. There is chance to list WNENG into atomicDEX trading in the future, working with @cipi on Komodo discord already. The WNENG/BNB trading in Pancakeswap continues without change.
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honglu69 (OP)
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January 23, 2024, 07:03:57 PM |
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Nengcoin (NENG) is listed at nonKYC.io ExchangeWe are excited to announce that Nengcoin (NENG) is listed at NonKYC Exchange on two trading pairs (NENG/USDT and NENG/DOGE). Please be aware that nonKYC does impose minimum deposit and minimum withdraw ($1 USD equivalent). Happy trading fellow Nengsters! https://nonkyc.io/
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honglu69 (OP)
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January 25, 2024, 05:12:34 AM |
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First Day Trading at nonKYC suppassed $100 USD volume First day trading at nonKYC.io exchange for Nengcoin (NENG), aka NewEnglandcoin has been quite successful so far. The trading volume surpassed $100 USD. Lot of site did not catch this and I found the best site showing pricing and mining hash rate action on this date is at miningpoolstats at: https://miningpoolstats.stream/newenglandcoinNote that miningpoolstats still shows our old name NewEnglandcoin while the ticker and symbol is correct. Attached at reddit are top and bottom screen shot of first date trading and mining actions: https://www.reddit.com/r/nengcoin/comments/19f1q12/first_day_trading_at_nonkyc_suppassed_100_usd/
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DirkDunkirk
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Activity: 130
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January 25, 2024, 06:25:58 AM |
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Is there a trick to get the wallet released June 6th, 2022 to sync? Not using that Komodo bullshit whatever that is.
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M.Antonio
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Activity: 148
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January 25, 2024, 09:12:21 AM |
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Is there a trick to get the wallet released June 6th, 2022 to sync? Not using that Komodo bullshit whatever that is.
komodo is nice solution for crypto with atomic swaps to sync you need to add addnote http://nengexplorer.mooo.com:3001/network
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DirkDunkirk
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January 25, 2024, 04:52:09 PM |
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I'd rather use the legit wallet. Thanks!!
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DirkDunkirk
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January 25, 2024, 05:59:12 PM |
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Something is seriously wrong with this network! If poolmz.online has 96.2% of the hashrate, how are all these Unknown blocks getting mined? 96% of the network hash rate but 25 mins to find a block? :O 5018051 5018050 5018049 5018048 5018047 5018046 5018045 5018044 5018043 5018042 5018041 5018040 poolmz.online 25 minutes https://i.imgur.com/VgstNUV.pngDifficulty 0.0?? Hmm.
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honglu69 (OP)
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January 26, 2024, 01:18:45 AM |
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Nengcoin (NENG) is listed at Coingecko!We are excited to announce that Nengcoin (NENG) is listed at Coingecko with nonKYC trading pricing! Coingecko is the world's largest independent cryptocurrency data aggregator. From now on, millions of crypto traders and users can find Nengcoin (NENG) chart and quote easily! https://www.coingecko.com/en/coins/nengcoin
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DirkDunkirk
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January 26, 2024, 04:35:30 AM |
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Nengcoin (NENG) is listed at Coingecko!We are excited to announce that Nengcoin (NENG) is listed at Coingecko with nonKYC trading pricing! Coingecko is the world's largest independent cryptocurrency data aggregator. From now on, millions of crypto traders and users can find Nengcoin (NENG) chart and quote easily! https://www.coingecko.com/en/coins/nengcoin So we're just not going to talk about how the difficulty is 0.0 and the Network hash rate is 0.17MH/s as seen on: http://nengexplorer.mooo.com:3001/ when there's no way that can be accurate because some "Unknown" miner is getting like 99% of the blocks? Is it potentially a 51% attack or something?
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honglu69 (OP)
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January 26, 2024, 01:49:36 PM |
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Nengcoin (NENG) is listed at Coingecko!We are excited to announce that Nengcoin (NENG) is listed at Coingecko with nonKYC trading pricing! Coingecko is the world's largest independent cryptocurrency data aggregator. From now on, millions of crypto traders and users can find Nengcoin (NENG) chart and quote easily! https://www.coingecko.com/en/coins/nengcoin So we're just not going to talk about how the difficulty is 0.0 and the Network hash rate is 0.17MH/s as seen on: http://nengexplorer.mooo.com:3001/ when there's no way that can be accurate because some "Unknown" miner is getting like 99% of the blocks? Is it potentially a 51% attack or something? Please read white paper and possibly checkout github source code if you can on Nengcoin (NENG) security model behind the low diff you are seeing now. So far, we have not been attacked on 51% for about 2 years. note that NENG has been in CEX trading from SouthXchange to now nonKYC.io bigger exchange all day long, only recent couple of weeks that we had no trading at CEX and only light trading at DEX recently.
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DirkDunkirk
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January 26, 2024, 06:37:49 PM |
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Please read white paper and possibly checkout github source code if you can on Nengcoin (NENG) security model behind the low diff you are seeing now.
So far, we have not been attacked on 51% for about 2 years. note that NENG has been in CEX trading from SouthXchange to now nonKYC.io bigger exchange all day long, only recent couple of weeks that we had no trading at CEX and only light trading at DEX recently.
I don't have time for that, but thanks I appreciate the info. Can you explain why it's so hard to mine with ASICs? Is that due to the randomSpike thing? Also, how is "Unknown" basically getting like 90% of all new blocks? Is that a sign of randomSpike failing? If you look at the wallet it's being mined to, that person has about 201m NENG: http://nengexplorer.mooo.com:3001/address/NVi9VDFwRjYA2GiFrZ7KZmSf1gmDdaFCx6 Or am I missing the point of the randomSpike feature?
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honglu69 (OP)
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January 26, 2024, 11:55:26 PM Last edit: January 27, 2024, 12:26:08 AM by honglu69 |
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Please read white paper and possibly checkout github source code if you can on Nengcoin (NENG) security model behind the low diff you are seeing now.
So far, we have not been attacked on 51% for about 2 years. note that NENG has been in CEX trading from SouthXchange to now nonKYC.io bigger exchange all day long, only recent couple of weeks that we had no trading at CEX and only light trading at DEX recently.
I don't have time for that, but thanks I appreciate the info. Can you explain why it's so hard to mine with ASICs? Is that due to the randomSpike thing? Also, how is "Unknown" basically getting like 90% of all new blocks? Is that a sign of randomSpike failing? If you look at the wallet it's being mined to, that person has about 201m NENG: http://nengexplorer.mooo.com:3001/address/NVi9VDFwRjYA2GiFrZ7KZmSf1gmDdaFCx6 Or am I missing the point of the randomSpike feature? Yes, that dominant miner most likely is a big CPU miners with very big CPU resources like gaming-level high end of PC or MacOS and mining NENG. Historically there are only a few powerful CPU miners mining NENG and lack of miner competition means dominant of rewards. No I do not believe this is failure of "randomSpike". I do not have gamining PC. If you want reward of NENG and you do and are willing to compete in mining NENG, yes, you will join the big miner reward on low diff period. You can be this "unknown" miner if you want to be. Mining is free market competition on open sourced coin. This coin is scrypt coin, but it is special kind of scrypt that for ALL miners including non-ASIC miners. There is nothing wrong if during low diff period, big ASIC miners are not dominant miners. This is a feature of this coin.
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DirkDunkirk
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January 27, 2024, 10:02:09 PM |
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Yes, that dominant miner most likely is a big CPU miners with very big CPU resources like gaming-level high end of PC or MacOS and mining NENG. Historically there are only a few powerful CPU miners mining NENG and lack of miner competition means dominant of rewards.
No I do not believe this is failure of "randomSpike". I do not have gamining PC. If you want reward of NENG and you do and are willing to compete in mining NENG, yes, you will join the big miner reward on low diff period. You can be this "unknown" miner if you want to be. Mining is free market competition on open sourced coin. This coin is scrypt coin, but it is special kind of scrypt that for ALL miners including non-ASIC miners. There is nothing wrong if during low diff period, big ASIC miners are not dominant miners. This is a feature of this coin.
Oh, more likely CPU not GPU? Interesting. Usually high end gaming PCs have good GPUs but not necessarily super expensive CPUs. Interesting feature of the coin. I will try mining with CPUs and see how it goes. Thanks again for the replies!
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honglu69 (OP)
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January 28, 2024, 02:45:01 AM |
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Yes, that dominant miner most likely is a big CPU miners with very big CPU resources like gaming-level high end of PC or MacOS and mining NENG. Historically there are only a few powerful CPU miners mining NENG and lack of miner competition means dominant of rewards.
No I do not believe this is failure of "randomSpike". I do not have gamining PC. If you want reward of NENG and you do and are willing to compete in mining NENG, yes, you will join the big miner reward on low diff period. You can be this "unknown" miner if you want to be. Mining is free market competition on open sourced coin. This coin is scrypt coin, but it is special kind of scrypt that for ALL miners including non-ASIC miners. There is nothing wrong if during low diff period, big ASIC miners are not dominant miners. This is a feature of this coin.
Oh, more likely CPU not GPU? Interesting. Usually high end gaming PCs have good GPUs but not necessarily super expensive CPUs. Interesting feature of the coin. I will try mining with CPUs and see how it goes. Thanks again for the replies! at low diff, this coin is more CPU than GPU just my guess. miners do not disclose how they mined. But I heard from miners bits here and there from discord that knew that big CPU solo miners (or pool solo miners, either way) were into this coin at low diff. At high diff, this coin is more of ASIC big rigs play just like litecoin/dogecoin. In the middle ground, maybe USB ASIC play. Here and there, android phone miners on "Cheetah_CPuminer" software platform solo miners will pick up full blocks on low % of rewards. I never heard of loud noise from GPU miners in the recently past. Certainly it is possible to mine from GPU side, I just do not know. In early years of NewEnglandcoin solo mining (before the name change), GPU solo miners were very profitable on this coin at low diff fast reset. But time changed and algorithm changed on GPU side. If you try yourself, make sure you mine on solo mode. Best if you can do home based solo wallet setup. The next best is solo mode at pool. The worst is shared mode at pool.
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zanol21
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January 31, 2024, 10:42:56 PM |
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Hi admin
I downloaded and installed the NENG wallet,
At the bottom of the Network Traffic Page,
Synchronization duration is shown to be 5 years and 21 weeks,
Syncing is too slow,
Is there a way to make sync faster?
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honglu69 (OP)
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Activity: 1553
Merit: 23
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February 01, 2024, 01:40:17 AM Last edit: February 01, 2024, 02:41:27 AM by honglu69 |
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Hi admin
I downloaded and installed the NENG wallet,
At the bottom of the Network Traffic Page,
Synchronization duration is shown to be 5 years and 21 weeks,
Syncing is too slow,
Is there a way to make sync faster?
Make sure you use the latest core version v2.3.0. There are many nodes, you should sync within 1 day or 2 if connected with other peers. If you do not like the full core node syncing speed, maybe not to use core, instead, I recommend to use Komodo Wallet (Linux, windows, macOS, android, iOS) or electrum-NENG wallet. Both are light wallet and there is almost no syncing issue using either light wallet to hold NENG.
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honglu69 (OP)
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February 03, 2024, 03:16:16 PM Last edit: February 03, 2024, 03:31:20 PM by honglu69 |
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You can addnode in your conf file, and restart wallet. to add nodes, get from explorer: http://nengexplorer.mooo.com:3001/networkclick menu button "Add Nodes", 24 lines of add nodes will show up, copy and paste those into your "nengcoin.conf" file at bottom, save and then restart full node. No, those nodes will not likely hard coded into core wallet. There will be other method like I said about on conf files. The nodes are plenty, they change all the time.
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