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Author Topic: [ANN] Talleo (TLO) CryptoNight Turtle Variant 2  (Read 750 times)
mtl1979
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October 22, 2019, 04:48:11 PM
Last edit: January 06, 2020, 09:56:57 PM by mtl1979
 #1

* Total supply: 300 million
* Premine: 15 million
* Decimals: 2
* Block reward: 67.94 TLO at height 1
* Target time: 60 seconds
* Algorithm:
** CryptoNight (block 1)
** CryptoNight Variant 2 with 256kB scratchpad (blocks 2-)
* After block height 10000, changes to "Proof-of-Activity" (mining new blocks pauses if there is no transactions)
* After block height 11367, maximum mixin of 50

* P2P port: 33802
* RPC port: 33888
* Wallet daemon port: 33777

* Address prefix: TA
* Ticker: TLO

* Website: https://www.talleo.org/
* GitHub: https://github.com/TalleoProject/
* Discord: https://discord.gg/aysnp8P
* Telegram: https://t.me/talleo
* Facebook: https://www.facebook.com/talleoproject/
* Twitter: https://twitter.com/TalleoProject
* Reddit: Coming soon
* FTP: ftp://mail.talleo.org/talleo/

Mining pools:

* https://pool.talleo.org
* https://tlo-pool.raasu.org/
* https://tlo.cryptonote.club/

Supported miners:

* Talleo's CLI miner
* ftp://ftp.talleo.org/talleo/xmr-stak-talleo-win.zip
* xmrig v5.5.0 or later

Test net: October 22, 2019
Main net: December 1, 2019

Talleo was originally forked from TurtleCoin but patches from various other coins were integrated during last 18 months.
Talleo Project aims to be payment solution for online shops with lowest possible fees. Any shop can use Web Wallet API to request payments from users, other wallets are supported with matching transactions by payment ID.
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October 22, 2019, 04:52:54 PM
 #2

First nice looking PoW launch in weeks and it's got a 10% premine  Cry

twitter.com/notsofast
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October 22, 2019, 05:47:24 PM
 #3

10% premine was the only choice to get the mining reward to level the project needs... We already dropped emission rate to lowest usable.
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October 23, 2019, 11:07:56 AM
 #4

10% premine was the only choice to get the mining reward to level the project needs... We already dropped emission rate to lowest usable.

What project needs is not about total premine coin but the community and development. Even if you dropped the emission to the lowest, some people would still feel bad because of your premine. Since it has not moved to the mainnet, you have time to make it better.
like reducing the premine to 4% or around that maybe?

 
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mtl1979
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October 24, 2019, 01:47:02 PM
Last edit: October 25, 2019, 02:30:59 PM by mtl1979
 #5

10% premine was the only choice to get the mining reward to level the project needs... We already dropped emission rate to lowest usable.

What project needs is not about total premine coin but the community and development. Even if you dropped the emission to the lowest, some people would still feel bad because of your premine. Since it has not moved to the mainnet, you have time to make it better.
like reducing the premine to 4% or around that maybe?

When I did the original plans, premine was about 3.33% for main net... That wasn't OK with the other team members, because they thought it dropped the block reward too low. This is because block reward is tied to many parameters, including total supply, premine, emission rate (TLO/h) and target time (time between two consecutive blocks).

UPDATE: We dediced we increase the total supply to 300M, which brings the premine to 5%...
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October 27, 2019, 06:34:08 AM
 #6

We have launched official pool at https://pool.talleo.org.

Other pools can be added to pool list after we have verified they are using correct hashing algorithm and are paying out the correct amount... Pool fee of third-party pools is not restricted to any maximum value, but it must match what the pool front-end advertises.

Correct algorithm is "cryptonight-turtle" with number "2" as second parameter when using "turtlecoin-multi-hashing" from https://github.com/turtlecoin/node8-multi-hashing/.

Example:

Quote
var multiHashing = require('turtlecoin-multi-hashing');
var cnUtil = require('turtlecoin-cryptonote-util');

...

var cryptoNight = multiHashing['cryptonight'];
var cryptoNightTurtle = multiHashing['cryptonight-turtle'];

...

if (shareBuffer[0] >= 2) {
    hash = cryptoNightTurtle(convertedBlob, 2);
} else {
    hash = cryptoNight(convertedBlob);
}
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November 24, 2019, 07:20:25 PM
 #7

Currently we have planned to launch the main net on December 1st at 00:00 UTC... It takes about 10 minutes to fully switch all the services to main net. All users previously connected to testnet must delete the blockchain files and start the new daemon after the main net is fully operational. Starting the daemon too early can cause the daemon to sync on wrong chain. New binaries will be released during November 30th on both official Talleo FTP server and GitHub repositories.

After all services are fully operational, we will start the previously announced swap from Bittorium... For each 0.10 BTOR sent user will get 0.01 TLO, amounts will be rounded upward to closest multiple of 0.01 TLO. Maximum swappable amount in one transaction is 1 million BTOR.
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December 01, 2019, 03:23:35 AM
 #8

Talleo has launched main net successfully. Old wallets from test net need to be recreated from mnemonic seed or private keys. All pool payouts of at least 1.00 TLO have been transferred to main net wallets with same address as used in test net.
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December 04, 2019, 12:42:15 AM
 #9

Looking forward in to that thing! Cool
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December 04, 2019, 01:38:16 PM
 #10

We have launched official pool at https://pool.talleo.org.

Other pools can be added to pool list after we have verified they are using correct hashing algorithm and are paying out the correct amount... Pool fee of third-party pools is not restricted to any maximum value, but it must match what the pool front-end advertises.

Correct algorithm is "cryptonight-turtle" with number "2" as second parameter when using "turtlecoin-multi-hashing" from https://github.com/turtlecoin/node8-multi-hashing/.

Example:

Quote
var multiHashing = require('turtlecoin-multi-hashing');
var cnUtil = require('turtlecoin-cryptonote-util');

...

var cryptoNight = multiHashing['cryptonight'];
var cryptoNightTurtle = multiHashing['cryptonight-turtle'];

...

if (shareBuffer[0] >= 2) {
    hash = cryptoNightTurtle(convertedBlob, 2);
} else {
    hash = cryptoNight(convertedBlob);
}
Can I mine this with the SRBMiner?
Or it's a totally new variant of Cryptonight-turtle algo?

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December 20, 2019, 03:40:23 PM
 #11

Can I mine this with the SRBMiner?
Or it's a totally new variant of Cryptonight-turtle algo?


No miner has built-in support for the algorithm Talleo uses... We will update the list of supported miners when we have verified that the support has been correctly added... The algorithm is not totally new variant of CryptoNight Turtle... It is one of the six variants with 256 kB scratchpad added by TurtleCoin developers. We selected the variant because it has better memory utilization than the one TurtleCoin used previously.
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January 06, 2020, 09:59:38 PM
 #12

Latest xmrig (v5.5.0) added support for Talleo's algorithm (cn-pico/tlo) and automatic algorithm negotiation for tlo-pool.raasu.org ...
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