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Author Topic: [ANN] BALLOONUM.IO [No premine] [Balloon algo] [CPU mining only!]  (Read 2594 times)
balloonum_dev (OP)
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July 13, 2019, 05:44:25 PM
Last edit: July 20, 2019, 11:23:34 PM by balloonum_dev
 #1

BALLOONUM.IO
Website: https://balloonum.io
Block explorer: https://explorer.balloonum.io
Pool: https://pool.balloonum.io
Discord: https://discord.gg/eArBrVm

Balloonum is my personal project to create a cryptocurrency for the web, using modern and consolidated languages such as Python and PHP, and database managers such as MySQL or MongoDB.

The security of the blockchain is in charge of the Balloon algorithm, and the difficulty is recalculated after each new block.

At the moment, the project is in its alpha phase, mounted over a centralized network structure and being possible to mine (only with CPU) through the official wallet. This will change in the future, when we reach version 1.0 of the software, when all the code will be released under the GPL license, giving way to decentralization.

Version 1.0 will also include features such as PoS rewards, MasterNodes, Wallet Aliases, Smart Contracts written in PHP (and/or Python), Integrated Mining Pool, Voting system based on wallet balances, the Payment Gateway to include on your website and more features.

[COIN SPECIFICATIONS]
Coin name: Balloonum
Ticker: BALL
Max Supply: 29,080,840 BALL + tail emission of 262,000 BALL per year
Decimal places: 4
Premined: No premine (0%)
Fees: 0.01% of the transaction amount (min: 0.0001 BALL, max: 0.1 BALL)
Difficulty: Recalculated on each new block, and based on last 16 blocks timestamps.
Initial block reward: 15 BALL
Mining algo: Balloon (space_cost = 128, time_cost = 4, mixing = 4, mixing_algo = SHA256)
Blocktime: 120 seconds
Coin base / Fork: Balloonum is not a fork of another coin. Is a new coin written from scratch.
Coin emission: https://balloonum.io/specs.php

[ALPHA STATUS]
On alpha status, balloonum is working on centralized mode. One node is up at this moment. In next weeks up to 16 nodes will be configured, and as I said, when we reach version 1.0, source code will be published on github.

[SOLO MINING]
Download CLI wallet here https://balloonum.io/wallet.php (Linux & Windows).
Create new wallet and type "startmining 4" for start mining (for 4 cores, you can change this number according your cpu configuration).
VIDEO HOW TO: https://www.youtube.com/watch?v=czBi61AWMSs

[POOL MINING]
Download CLI wallet here https://balloonum.io/wallet.php (Linux & Windows).
HOW TO: https://pool.balloonum.io/howto.php

[ROADMAP]
https://balloonum.io/roadmap.php

[SOCIAL NETWORKS]
Instagram: https://www.instagram.com/balloonum.io
Youtube: https://www.youtube.com/channel/UCXSAzF2X8sh_p9VBNlWYbpg
Twitter: Coming soon...
Discord: Comming soon...
Telegram: Comming soon...
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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kimmy93
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July 13, 2019, 05:49:08 PM
 #2

Will check it out now
balloonum_dev (OP)
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July 13, 2019, 05:54:07 PM
 #3

You can check how miners are connected checking the active nodes (one by the moment): https://node1.balloonum.io/
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July 13, 2019, 06:14:46 PM
 #4

You can check how miners are connected checking the active nodes (one by the moment): https://node1.balloonum.io/

Cant check wallet address on block explorer
balloonum_dev (OP)
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July 13, 2019, 06:52:51 PM
 #5

You can check how miners are connected checking the active nodes (one by the moment): https://node1.balloonum.io/

Cant check wallet address on block explorer
Hi!

Thanks for your support! We are working on it. You can see only balances at this moment. Tomorrow we will add the list of transactions.

Check it here: https://explorer.balloonum.io/?addr=wBALL6YfhDyiYPohvA992wAP3iWpiQrvKmnuZ5p9X3UVRE3xduJUHDbjPnShDrEkbXXcggmwDguxVtFuVKCyX5F4R58QeGqo9mWKedsbd6gjZGDJfqTRMNTafH5QX4vN7kGc8j92YwUJxWRkvbz5KaERDEDTQZ5MtYTpLTbpDkgmqu9KJT5D

Best regards!
AFL
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July 13, 2019, 07:08:54 PM
 #6

when will there be a discord or telegram?
dingming5555
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July 13, 2019, 07:26:41 PM
 #7

Connection error. Retry in 10 seconds...
Connection error. Retry in 10 seconds...
[Mining] Thread 12: 22 h/s
[Mining] Thread 4: 19 h/s
[Mining] Thread 6: 24 h/s
[Mining] Thread 8: 19 h/s
[Mining] Thread 11: 23 h/s
[Mining] Thread 7: 22 h/s
[Mining] Thread 9: 25 h/s
Connection error. Retry in 10 seconds...C
onnection error. Retry in 10 seconds...
Connection error. Retry in 10 seconds...
[[Mining] Thread 0: 21 h/sMining] Thread 2: 22 h/s

[Mining] Thread 1: 21 h/s
Connection error. Retry in 10 seconds...
Connection error. Retry in 10 seconds..
balloonum_dev (OP)
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July 13, 2019, 07:54:30 PM
 #8

when will there be a discord or telegram?
We are not opened it yet because we are checking all is working fine and we have no time for check the channels.

Tomorrow we will open Discord channel and Telegram, and next week the Twitter account.

Thanks for your support! Smiley
balloonum_dev (OP)
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July 13, 2019, 08:05:26 PM
 #9

Connection error. Retry in 10 seconds...
Connection error. Retry in 10 seconds...
[Mining] Thread 12: 22 h/s
[Mining] Thread 4: 19 h/s
[Mining] Thread 6: 24 h/s
[Mining] Thread 8: 19 h/s
[Mining] Thread 11: 23 h/s
[Mining] Thread 7: 22 h/s
[Mining] Thread 9: 25 h/s
Connection error. Retry in 10 seconds...C
onnection error. Retry in 10 seconds...
Connection error. Retry in 10 seconds...
[[Mining] Thread 0: 21 h/sMining] Thread 2: 22 h/s

[Mining] Thread 1: 21 h/s
Connection error. Retry in 10 seconds...
Connection error. Retry in 10 seconds..
can you send me your wallet address for check it?
do you have opened 443 port (ssl)?
Jeddie
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July 13, 2019, 08:28:10 PM
 #10

How will I know when I've found and solved blocks?
balloonum_dev (OP)
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July 13, 2019, 08:30:16 PM
 #11

How will I know when I've found and solved blocks?
When you found a block, you can get a message like this:
Quote
[Mining] Thread 2: Block mined: 4G8udaTXRP3qjUfbfLwLrs1Eq7tEWG7kWZtrSXeTDZxyJ7zUk6jE2tYvRjp4ipqVUNM2v7xQrid29fQ oUQh2diNv
[Mining] Thread 2: Mining reward: +15.0 BALL
Best regards!
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July 13, 2019, 08:39:31 PM
 #12

My PC has 2 cores and 4 logical processors. How many threads can I assign for mining? Or what's the highest variable I can use for the startmining command apart from 4? Thanks for your timely response
balloonum_dev (OP)
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July 13, 2019, 08:53:25 PM
 #13

My PC has 2 cores and 4 logical processors. How many threads can I assign for mining? Or what's the highest variable I can use for the startmining command apart from 4? Thanks for your timely response
Hi,

You wil get the best performance with 4 threads:

Quote
startmining 4

Best regards!
fishytrader
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July 13, 2019, 08:59:49 PM
 #14

not possible to mine with ubuntu??
NeroZyF
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July 13, 2019, 09:12:18 PM
 #15

Unfortunately 3 hours of mining and zero blocks Cry
what about support Intel® AVX2 and other technologies?

If you find my message helpful, please click +Merit
balloonum_dev (OP)
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July 13, 2019, 09:20:13 PM
 #16

not possible to mine with ubuntu??
Sorry, linux binaries will be uploaded in a couple of hours!
balloonum_dev (OP)
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July 13, 2019, 09:48:23 PM
 #17

Unfortunately 3 hours of mining and zero blocks Cry
what about support Intel® AVX2 and other technologies?
Hi!
Bad luck and high diff for start. We expected 8-10k but it was quickly duplicated...

Yes, we will improve the miner. Our major doubt is if support or not graphic cards. It will decided by the community using wallet voting system when be implemented.

Best regards!
balloonum_dev (OP)
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July 13, 2019, 10:19:50 PM
 #18

not possible to mine with ubuntu??

Code:
wget https://balloonum.io/balloonum
chmod 755 balloonum
./balloonum

Give me feedback, please!

Best regards!
fishytrader
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July 13, 2019, 10:42:50 PM
 #19

worked! Can you mine with same wallet on different pc's? Hard to find blocks  Undecided
Kanjeung
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July 13, 2019, 10:51:10 PM
 #20

mining requires strong computers and fast networks. I agree what is written from your title. CPU mining only. I am interested in your company. but I'm confused and I don't see BALL tokens with details. What is the price per token? Do I have to make a wallet from your website?

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