[ANN] Talleo (TLO) CryptoNight Turtle Variant 2

[mtl1979]

* 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: https://www.reddit.com/r/Talleo/
* Publish0x: https://www.publish0x.com/talleo
* Steemit: https://steemit.com/created/hive-147043/
* Hive: https://hive.blog/created/hive-147043/
* FTP: ftp://mail.talleo.org/talleo/
* Wiki: https://wiki.talleo.org/

Mining pools:

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

For full list, visit https://explorer.talleo.org/#pools

Supported miners:

* Talleo's CLI miner
* ftp://ftp.talleo.org/talleo/xmr-stak-talleo-win.zip
* xmrig v5.5.0 or later
* SRBMiner-Multi v0.3.1 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.

[notsofast]

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

[mtl1979]

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

[Javi_Anibarro]

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?

[mtl1979]

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%...

[mtl1979]

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:

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);
}

[mtl1979]

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.

[mtl1979]

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.

[kostepanych2]

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:

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?

[mtl1979]

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.

[mtl1979]

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

[mtl1979]

SRBMiner-Multi 0.3.1 has partial support for Talleo's algorithm... CPU mining has low performance on some CPUs. I don't have AMD/ATi graphics card, so I can't test the GPU performance.

[mtl1979]

We are waiting for C-PatEx (Crypto/Cripto Patagonia Exchange) to list Talleo after winning the voting by collecting biggest amount of LTC. We know C-PatEx has quite a low volume, but it is still suitable as first exchange. After the exchange has finished listing Talleo, we are planning on seeking partners who are willing to include Talleo payments in their websites. We think low transaction fees and 60 second block target time of Talleo makes it good candidate as payment method on online services. As average, confirming transactions should take average of 10 minutes if absolute minimum of 10 confirmations is required.

We have 100000 TLO bounty for any tweet or social media post that results in listing Talleo on other exchanges not listed as possible scam or with non-resolved deposit, withdrawal or trading issues, including TradeOgre. All exchanges must implement minimum trading limit to be eligible for the bounty.

[mtl1979]

Talleo is now listed on C-PatEx... We also have official subreddit. CoinGecko and coinlib.io have added Talleo.

[bluspirit]

today web wallet is not working

[mtl1979]

today web wallet is not working

Yes. We had to reinstall Linux on the server... Ubuntu 16.04 didn't have all the packages we need for development, so we installed 18.04. PHP and curl were disabled during the upgrade and had to be manually re-enabled.

[bluspirit]

Yes. We had to reinstall Linux on the server...

Thanks for information. It's ok now.

[mtl1979]

Yes. We had to reinstall Linux on the server...

Thanks for information. It's ok now.

Nobody likes downtime, but Python in 16.04 was too old and third-party packages had version conflicts, so our only choice was to take the server down and upgrade to 18.04...

We promised we start integrations in March and so far we have initial version of Discord integration running and we plan to implement Telegram integrations later.

Basically we allow sending coins between Discord users using just their Discord user name... Users can withdraw coins to external wallets by registering their wallet address with the bot. When registering with the bot, bot will reply with address for deposits from external wallets.

The code is based on generic CryptoNote Discord tipbot with small modifications to support more recent wallet daemon API and to adjust the decimal count when displaying messages. Like most of the code we use, the source code is available on GitHub.

[mankuk0007]

Yes. We had to reinstall Linux on the server...

Thanks for information. It's ok now.

Nobody likes downtime, but Python in 16.04 was too old and third-party packages had version conflicts, so our only choice was to take the server down and upgrade to 18.04...

We promised we start integrations in March and so far we have initial version of Discord integration running and we plan to implement Telegram integrations later.

Basically we allow sending coins between Discord users using just their Discord user name... Users can withdraw coins to external wallets by registering their wallet address with the bot. When registering with the bot, bot will reply with address for deposits from external wallets.

The code is based on generic CryptoNote Discord tipbot with small modifications to support more recent wallet daemon API and to adjust the decimal count when displaying messages. Like most of the code we use, the source code is available on GitHub.

It's a good initiative taken by the project team as the new version can work better and helpful to develop the platform.

[mtl1979]

Added links to Publish0x blog, and Steemit and Hive communities.