JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
February 18, 2019, 06:13:50 PM Last edit: April 23, 2019, 08:23:37 PM by JimmyPic |
|
Bank Society Coin is now launched today 18th February 2019. Bank SocietyBank Society Coin source code, Win32 and Bootstrap Ubunto wallet to follow
Bank Society Coin is a free open source decentralized project derived from Bitcoin. It's an experimental project with the goal of providing a long-term energy-efficient scrypt-based crypto-currency. You're using this software with no guarantees or warranty of any kind. Use it at your own risk! Built on the foundations of Bitcoin, Litecoin, PeerCoin, NovaCoin, CraveProject, Dash Masternodes XUVCoin, BATA, and Crypostle to help further advance the field of crypto-currency.
Adjustments based on network hashrate, previous block difficulty simulating real bullion mining: If the difficulty rate is low; using excessive work to produce low value blocks does not yield large return rates. When the ratio of difficulty adjusts and the network hashrate remains constant or declines: The reward per block will reach the maximum level, thus mining becomes very profitable.
This algorithm is intended to discourage >51% attacks, or malicous miners. It will also act as an automatic inflation adjustment based on network conditions.
Bank Society Coin supports PoW, PoS (staking) and Masternodes. Watch out for new coin technology very soon . The code base of Bank Society Coin is based around ProfitHuntersCoin Bank Society Coin is a new concept altcoin cryptocurrency project with PoW, PoS and Masternode, as well as firewall support and dynamic Proof of Work Rewards. Coin Specification
Premine Phase Block 1 to 100 [Completed] PoW Phase Start Block 101 to 50000 Reward = 5 [Completed] PoW Phase Block 50001 to 250000 Reward = 25 PoW Phase Block 250001 to 500000 Reward = 35 PoW ends 750001
PoS Phase Start Block 101 to 50000 Reward 50% [Completed] PoS Phase Block 50001 to 250000 Reward 250% PoS Phase Block 250001 to 500000 Reward 360% PoS Phase Block 500000 Reward 500%
Github TWITTER Mining Pools http://youcrazy.me/use -o stratum+tcp://stratum.youcrazy.me:3433 -u YourMiningAddress -p c=SOCI Discontinued Pool
|
|
|
|
RobbieRich
Jr. Member
Offline
Activity: 223
Merit: 1
|
|
February 19, 2019, 12:31:59 PM Last edit: February 19, 2019, 12:59:34 PM by RobbieRich |
|
Exciting to see , just need more info and website still under construction ...
Found on github :
Bank Society Coin source code, Win32 and Bootstrap Ubunto wallet to follow
Bank Society Coin is a free open source decentralized project derived from Bitcoin. It's an experimental project with the goal of providing a long-term energy-efficient scrypt-based crypto-currency. You're using this software with no guarantees or warranty of any kind. Use it at your own risk! Built on the foundations of Bitcoin, Litecoin, PeerCoin, NovaCoin, CraveProject, Dash Masternodes XUVCoin, BATA, and Crypostle to help further advance the field of crypto-currency.
Adjustments based on network hashrate, previous block difficulty simulating real bullion mining: If the difficulty rate is low; using excessive work to produce low value blocks does not yield large return rates. When the ratio of difficulty adjusts and the network hashrate remains constant or declines: The reward per block will reach the maximum level, thus mining becomes very profitable.
This algorithm is intended to discourage >51% attacks, or malicous miners. It will also act as an automatic inflation adjustment based on network conditions.
Bank Society Coin supports PoW, PoS (staking) and Masternodes. Watch out for new coin technology very soon.
Dynamic Block Reward 3.0 (C) 2017 Crypostle
Premine Phase Block 1 to 100 [COMPLETED]
PoW Phase Start Block 101 to 50000 Reward = 5 SOCI
PoW Phase Block 50001 to 250000 Reward = 25 SOCI PoS Reward 250%
PoW Phase Block 250001 to 500000 Reward = 35 SOCI PoS Reward 360%
PoW ends 750001 PoS Reward 500%
Block Spacing: 60 Seconds (1 minutes)
Diff Retarget: 2 Blocks
Maturity: 101 Blocks
Stake Minimum Age: 1 Hour
Masternode Collateral: 20000 SOCI
30 MegaByte Maximum Block Size (30X Bitcoin Core)
|
|
|
|
QQ6693606
|
|
February 19, 2019, 12:57:37 PM |
|
premine: 200000 * 100
|
|
|
|
JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
February 19, 2019, 01:37:55 PM |
|
Hello Everyone, There is always a reason for a premine... We created Bank Society Coin as a next generation coin. However, it was also created to rescue the BankNotes coin holders, as the coin died leaving everyone holding coins worth nothing. The premine had to be sufficient to cover the swap of Banknotes coins into SOCI. This is the only reason for the premine, please do not judge us by the actions of other more dubious coin creations. Here is the link to Banknotes https://bitcointalk.org/index.php?topic=4956016.new#newWatch and hopefully be surprised
|
|
|
|
pavka davka
Newbie
Offline
Activity: 14
Merit: 0
|
|
February 19, 2019, 03:45:12 PM |
|
Hello, I read everything on discord about the coin and I like your attitude and your thought. I will watch how you will continue to work. Good luck
|
|
|
|
JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
February 19, 2019, 04:04:42 PM |
|
Hi Pavka,
Thank you for spending the time to visit our Discord channel.
We have a long term focus for Bank Society Coin, I personally do not like the issues behind previous ICOs in the past. We will never ICO, we want to grow organically with truth and integrity at every stage.
Best regards
Jimmy ( aka RGPickles )
|
|
|
|
findblocks.com
|
|
February 19, 2019, 04:11:44 PM |
|
need a pool ? looks like you have insta mined 147694 Blocks already :O
|
We Do Private Pools / Block Explorers / New Coins / Send us a inbox Findblocks Pool - http://findblocks.Net
|
|
|
pavka davka
Newbie
Offline
Activity: 14
Merit: 0
|
|
February 19, 2019, 04:28:43 PM |
|
Hi Pavka,
Thank you for spending the time to visit our Discord channel.
We have a long term focus for Bank Society Coin, I personally do not like the issues behind previous ICOs in the past. We will never ICO, we want to grow organically with truth and integrity at every stage.
Best regards
Jimmy ( aka RGPickles )
And that's why I'll follow you. You know what you want and that's important to me. And for everyone else, first read carefully before you write something
|
|
|
|
JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
February 19, 2019, 04:30:56 PM |
|
Hello findblocks.com, Only the first 100 blocks were premined. Most of these blocks were Proof of Stake mined with Masternodes. I think that only around 25k blocks have been mined by Proof of Work miners. Bank Society is not restricted to 750k PoW blocks this may be changed very easily. Especially, as the society coin generates far more blocks than imagined with PoS Staking and Masternode rewards ( 75% from staking ). Yes we would like another mining pool, this provides choice for our miners.Please contact me on Discord, the link is on the coin description. https://discord.gg/HAbTQhdRegards Jimmy
|
|
|
|
pavka davka
Newbie
Offline
Activity: 14
Merit: 0
|
|
February 20, 2019, 10:04:35 AM |
|
Thank you youcrazy.me Coin has been added to http://youcrazy.me/-o stratum+tcp://stratum.youcrazy.me:3433 -u YourMiningAddress -p c=SOCI
|
|
|
|
olkah
|
|
February 20, 2019, 10:25:03 AM |
|
|
|
|
|
wklalen
Sr. Member
Offline
Activity: 525
Merit: 250
ibuku adalah segalanya(my mother is the best)
|
|
February 20, 2019, 03:23:46 PM |
|
exchange i m ready sell 2k coin pm me for people buy
|
|
|
|
JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
February 21, 2019, 03:25:48 PM |
|
All,
We are not listed on an exchange yet, we need to grow the community first.
We estimate 6 to 8 weeks we will list on an exchange.
Regards
Jimmy
|
|
|
|
Blinknode
Newbie
Offline
Activity: 1
Merit: 0
|
|
February 23, 2019, 06:44:14 PM |
|
Very interesting your coin and what exchange you are thinking?
|
|
|
|
JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
February 23, 2019, 06:51:18 PM Last edit: February 24, 2019, 10:18:35 AM by JimmyPic |
|
Hello We have been discussing Crex24, but we still have a lot to do in those few weeks: Web Site [Two weeks ] www.banksociety.coWhite Paper [ Four weeks ] Get the community numbers up, we have a lot of work to do in this area, but we have experienced people in the Discord channel. Regards Jimmy
|
|
|
|
dimarco
Copper Member
Newbie
Offline
Activity: 60
Merit: 0
|
|
March 01, 2019, 10:29:00 AM |
|
I cannot get the daemon compiled .... I'm running on Centos 7, I've been compiling coins for over a year now and never had this problem before .... complaining about gmp..., I had to use -std=c++11 .... still no luck. Anyone else having problems with compiling and the solution?
regards, diMarco
|
|
|
|
JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
March 02, 2019, 11:09:53 AM |
|
Hi DiMarco,
it's in the makefile, edit with nano or vi xCXXFLAGS= -std=c++11 ( add to front ) Then you need to perform make -f makefile.unix clean Then make -f makefile.unix
This is from the discord channel, if you need a link it's at the top of the page.
I'll update this fix over the weekend and also add the Ubunto 16 wallet binary.
Regards
Jimmy
|
|
|
|
JimmyPic (OP)
Jr. Member
Offline
Activity: 65
Merit: 2
|
|
March 02, 2019, 11:13:08 AM |
|
Everyone holding Banknotes,
We will be holding a new swap starting on the 15th March for 2 weeks.
If you know anyone holding BANK, it's there chance to convert to SOCI.
We are looking to list on an exchange in around 8 weeks, after the website is running and White Paper is published.
Cheers
Jimmy
|
|
|
|
findblocks.com
|
|
March 02, 2019, 10:19:48 PM |
|
Bank Society Has Been Added to findblocks.com
Happy Mining stratum+tcp://findblocks.com:3333 -u <WALLET ADDRESS > -p c=SOCI
|
We Do Private Pools / Block Explorers / New Coins / Send us a inbox Findblocks Pool - http://findblocks.Net
|
|
|
dimarco
Copper Member
Newbie
Offline
Activity: 60
Merit: 0
|
|
March 03, 2019, 11:12:08 AM |
|
I have a working daemon, but I can't seem to get it to mine ... doesn't show the hashrate I'm sending and never finds a block? Any special settings in the conf needed? Hi DiMarco,
it's in the makefile, edit with nano or vi xCXXFLAGS= -std=c++11 ( add to front ) Then you need to perform make -f makefile.unix clean Then make -f makefile.unix
This is from the discord channel, if you need a link it's at the top of the page.
I'll update this fix over the weekend and also add the Ubunto 16 wallet binary.
Regards
Jimmy
|
|
|
|
|