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Author Topic: [ANN][FSC]FusionCoin updated! Arbitrary message & Decentralized advertisement  (Read 50644 times)
fusioncoin (OP)
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March 12, 2014, 08:47:30 AM
Last edit: April 29, 2014, 02:10:06 PM by fusioncoin
 #1

Soft fork alert!
Please update to version 0.8.7.1 or above.



        FusionCoin is a hybrid PoW coin using SHA256 and Scrypt. Both are merged minable. full support of MultiSig address. Arbitrary message, Decentralized advertisement. More features in development ...

        Official Links:

        Updates:

        Official pools:
        Quote

        Specifications
        • Each hash algorithms has its separate difficulty, each targetting 4 minutes
        • Block time: 2 minute
        • Difficulty retarget: every block
        • Block reward: 1000 FSC
        • Halving every 490000 blocks
        • Total supply: 1 billion
        • 2% pre-mined in genesis block (for bounties)
        • Mining starts from genesis block

        Completed
        - Arbitrary message
            Allow associate extra data with a transaction that is secured by the blockchain.
            You can make a message delivery with transaction.
            See Fusioncoin transaction message

        - Decentralized advertisement
            We introduce a decentralized advertising system in FusionCoin. The FusionCoin-QT will show top ads along with their paid transaction fee and confirmations.

            By clicking “Publish”, we can create a new ad with HTML or plain text. You shall expect your ad to keep a higher rank by providing more fees.
        We do have some limitations here:
        • Up to 244 bytes
        • Only the top 2 lines are shown on FusionCoin-QT

            Advertising in FusionCoin is based on our “Arbitrary Message” feature. We allow transactions with redeem script as “OP_RETURN message” where you can leave up to 256 bytes message. Our top ads is from the last 10000 blocks where the message has a magic prefix 0xface0200.
        The ranking point of each ad is simply Fee*(10000-Confirms)/10000, which is decreased linearly by confirmations and will drop to 0 after 10000 confirmations (about two weeks).
            Be careful with the link of advertisement.

        - Full support of MultiSig address
            See Fusioncoin MultiSig address tutorials
            A multi-signature address is an address that is associated with more than one private key. Multisig have lots of uses, wallet sharing, increased security and escrow. Further readings: Multisig, The Future of Bitcoin.

        Incoming features
        • DDoS Protection for tx replacement in mempool and tx with large script: Add mechanism to avoid exploiting these features. (Disabled in BitCoin)
        • Smart Contract: DDoS protection would be a steady step towards implementing "smart contract" in FusionCoin.
        • Smart Property, Colored Coins and Decentralized Exchange
        • rpc for gmxawell's "Proof of Preservation": rpc call to return merkle branch and hash from all the addresses in wallet
        • rpc and GUI for Stealth Address

        Downloads:
        Windows Client

        Source Code
        GitHub Repo

        Change Log
        • 2014-04-19: 0.8.8.3 source code updated. fixed multi merged mining issue with P2Pool.
        • 2014-04-17: 0.8.8.2 release. Alert before open links, Improved UI performance.
        • 2014-04-16: 0.8.8.1 release. Arbitrary message, Decentralized advertisement.
        • 2014-04-09: Relay OP_RETURN data TxOut as standard transaction type, allow associate extra data with a transaction that is secured by the blockchain
        • 2014-04-09: [Windows]fix an urgent security vulnerability with OpenSSL, which also affected Bitcoin and other altcoins.
        • 2014-03-28: full support of MultiSig address.
        • 2014-03-24: use new logo.
        • 2014-03-20: "getblock" now shows details of AuxPow.
        • 2014-03-18: fixed a bug which displays incorrect network scrypt hashrate.

        Nodes
        Add to your "fusioncoin.conf" in case of connection issues.
        [/list][/list][/list]
        Code:
        addnode=54.193.11.95
        addnode=54.255.130.210
        addnode=198.23.242.92
        addnode=121.199.12.227
        addnode=54.185.94.219

        Mining
        Checkout robertson2013's great Solo mining guide.

        FusionCoin uses sha256 as default algorithm for mining, you need to change to scrypt for your scrypt miners by adding "miningalgo=scrypt" in "fusioncoin.conf".
        Example "fusioncoin.conf" for scrypt
        Code:
        rpcuser=username
        rpcpassword=password
        rpcallowip=127.0.0.1
        rpcallowip=192.168.0.*
        server=1
        miningalgo=scrypt
        addnode=54.193.11.95
        addnode=54.255.130.210
        addnode=198.23.242.92
        addnode=121.199.12.227
        addnode=54.185.94.219
        Example "fusioncoin.conf" for sha256
        Code:
        rpcuser=username
        rpcpassword=password
        rpcallowip=127.0.0.1
        rpcallowip=192.168.0.*
        server=1
        miningalgo=sha256
        addnode=54.193.11.95
        addnode=54.255.130.210
        addnode=198.23.242.92
        addnode=121.199.12.227
        addnode=54.185.94.219

        Merged Mining
        We have several official pools at present and we welcome any pool to start merged mining FusionCoin.
        Official BitCoin Merged Mining Pool
        Official DogeCoin Merged Mining Pool
        Official LiteCoin Merged Mining Pool
        Tech hints for setting up your merged mining pool
        Quote
        How does merged mining work?
        Merged mining allows you to mine for FusionCoin and another coin like BitCoin at the same time. The benefit is that you don't need to move your hashing power to FusionCoin, instead, you're earning extra FusionCoin while not affecting your mining. This is feasible because FusionCoin accepts a certain format of PoW which can prove you've done incredible amount of hashes on another blockchain. You can do merged mining with FusionCoin and BitCoin or LiteCoin forked altercoins. Further readings for merged mining can be found here.

        Bounty
        We are offering a list of bounties here, reward will come from genesis block. You can PM or send your mail to fusioncoin@gmail.com.

        - Promotions:
        50K FSC for a video tutorials about using MultiSig address.
        And there are bountys for anyone who can help in FusionCoin promotion.
        • NXT-E.com  giveaway

        - Merged mining FusionCoin on your pool:

        - Winner of new logo:

        - Translations:

        - Refined website:

        - Support:

        Exchange
        We won't sell the coins from genesis block. You can check the transactions from the address in genesis block on block explorer.(http://fusioncoin.org/fsc.php)

        temple
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        March 12, 2014, 08:48:06 AM
         #2

        pool-

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        Don007
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        March 12, 2014, 09:17:01 AM
         #3

        See OP for pools.

        This sounds interesting. I might go mine this coin, merged with a scrypt coin.

        {Curently quite inactive as I'm really busy in my private life. I will get back soon!}

        -> Your line here during my inactivity? Feel free to PM <-
        Anh3
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        March 12, 2014, 10:12:27 AM
         #4

        sound cool Grin
        sq
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        March 12, 2014, 11:18:22 AM
         #5



        Fusioncoin was added to AltCoinCalendar.info.

        Check Coin Countdown



        if you like our work donations are welcome.

        nxtsky
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        March 12, 2014, 12:31:19 PM
         #6

        I'd like to translate the post to Chinese.
        CryptoPoolSupport
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        March 12, 2014, 12:33:36 PM
         #7

        Looks interesting, we will have a pool up for this!
        NubRevealer
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        March 12, 2014, 12:39:07 PM
         #8

        this is the coin for Gridseed ASIC miner dual mode , am i right?  Roll Eyes
        fusioncoin (OP)
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        March 12, 2014, 12:52:30 PM
        Last edit: March 13, 2014, 05:45:23 AM by fusioncoin
         #9

        this is the coin for Gridseed ASIC miner dual mode , am i right?  Roll Eyes
        It's not intended for that, but should be working with Gridseed ASIC miner.
        For the Gridseed ASIC, you'd better compare your expected income and power consumption between sha256-mode, scypt-mode and dual-mode. Dual-mode is not always the best choice.

        fusioncoin (OP)
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        March 12, 2014, 12:59:31 PM
         #10

        I'd like to translate the post to Chinese.

        Thanks, reward will be given once its launched.

        nxtsky
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        March 12, 2014, 01:17:28 PM
         #11

        I'd like to translate the post to Chinese.

        Thanks, reward will be given once its launched.

        Thanks.
        The Chinese translation is Here.
        MisO69
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        March 12, 2014, 03:06:39 PM
        Last edit: March 14, 2014, 03:00:08 PM by MisO69
         #12

        Good stuff! we need more merge mined scrypt coins that we can mine alongside LTC. Profits are dwindling with all these new alts.


        "2% pre-mined in genesis block (for bounties)" <<-- too much.

        MrE78
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        March 12, 2014, 10:28:14 PM
         #13

        Looks rather promising, when can we expect the LTC/FSC pool going to be online for pre reg?

        Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
        fusioncoin (OP)
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        March 13, 2014, 02:04:39 AM
         #14

        Looks rather promising, when can we expect the LTC/FSC pool going to be online for pre reg?
        Check our OP for updates, both pools are ready.

        MrE78
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        March 13, 2014, 03:34:13 AM
         #15

        Looks rather promising, when can we expect the LTC/FSC pool going to be online for pre reg?
        Check our OP for updates, both pools are ready.

        Yep signed up and started to slowly spread the word.

        Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
        getfun12345
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        March 13, 2014, 05:45:04 AM
         #16

        Hi, I've also made a Chinese translation:
        https://bitcointalk.org/index.php?topic=513501.msg5671080#msg5671080
        fusioncoin (OP)
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        March 13, 2014, 05:47:06 AM
         #17


        Appreciated.

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        March 13, 2014, 05:57:05 AM
         #18

        dual mined like huntercoin?

        looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted?  PM me.
        fusioncoin (OP)
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        March 13, 2014, 06:10:19 AM
         #19

        dual mined like huntercoin?

        The dual PoW works like huntercoin except that we don't have human mining part in FusionCoin.

        getfun12345
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        March 13, 2014, 08:52:03 AM
         #20

        Can't wait to see it launch  Smiley
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