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Author Topic: [ANN] Alterdot(ADOT), Web3 using Blockchain and IPFS, CPU Mining, Masternodes  (Read 4073 times)
mrankin (OP)
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January 12, 2020, 10:35:51 PM
Last edit: January 13, 2022, 11:29:41 PM by mrankin
 #1

         
Alterdot is working towards creating a new web that is built for people and by people, one that is both powerful and liberating by design.

We have implemented the BlockchainDNS or BDNS, which is a new Domain Name System built upon the decentralized ledger of Alterdot. We believe everyone has the right to an internet identity that is both affordable and resistant to censorship. This is where the blockchain and IPFS technologies come together in harmony. What makes these two technologies so powerful is their innate peer-to-peer nature which is in contrast to the way we deliver websites today.

The blockchain we are building upon had its genesis back in 2017, yet our project is new as Alterdot began its journey on the 4th anniversary of this blockchain, the 17th of June 2021. We have set out to accomplish quite a few major objectives with Alterdot as outlined in our roadmap - https://alterdot.network/#roadmap - come join us in building this new web!

All of the code we're working with is available on GitHub - https://github.com/Alterdot/Alterdot
Browser Extension: https://chrome.google.com/webstore/detail/alterdot-browser-extensio/ioblpebmfllgahknonobbkenomklplhn

Features
- CPU Friendly Proof-of-Work Mining (Update Coming Soon)
- Deterministic Masternodes
- ChainLocks
- InstantSend
- Coin Mixing
- BlockchainDNS
- Browser Extension
- Open Development

Coin Specs
Ticker: ADOT
PoW algorithm: Argon2d16000 (CPU + GPU)
Block spacing: 360 seconds
Blocks per day: ~240
Maturity: 10 Blocks

Supply
Premine: 475,000 ADOT (most of this was spent in the first years of the project)
Initial Supply: ~13,914,700 by 2023
Continuing Supply: 6 ADOT per block (after 2022)
Yearly inflation: under 5% (after 2022)

Funding and Transparency
This project did not raise any money through an ICO and soon after its inception the community took over. Financing for our objectives is supported through a development fund that has an allocation of 2 ADOT per block together with BTC raised by our team members.

Alterdot(ADOT) was previously known as Bitcreds(BCRS) and Credits(CRDS). Previous ANN thread - https://bitcointalk.org/index.php?topic=1944858
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mrankin (OP)
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January 12, 2020, 10:36:15 PM
Last edit: January 13, 2022, 11:30:01 PM by mrankin
 #2

Alterdot Roadmap

Change of consensus algorithms (Complete)
In January of 2021 we made the switch to the Argon2d16000 Poof-of-Work mining algorithm which highly increases the memory cost and favors CPU miners. A few months later we also changed our difficulty retargeting algorithm to LWMA which proves to be one of the most efficient algorithms of its kind.

Major codebase upgrade (Complete)
Alterdot was previously known as Bitcreds, and before that as Credits. Both of them were built upon older codebases from Dash and Dynamic that today would be outdated. Once Alterdot was launched on the 17th of June 2021 our codebase had been upgraded, bringing us in line with much newer code from Dash.

Beginning of the BlockchainDNS (Complete)
With the launch of Alterdot, the initial version of our BlockchainDNS was released and with it the registration of domains became available. The main use cases we are looking to develop involve tying these domains together with IPFS content identifiers but it is possible to register anything under a domain name.

Deterministic Masternodes (Complete)
One of the most significant changes brought by the upgraded codebase is the Deterministic Masternodes system which stores functional information on-chain rather than individually on each Masternode as was the case with the old system. This change leads to a more secure and predictable system.

Long-Living Masternode Quorums (Complete)
The Masternode network is expanded with a new functionality which implies the formation of quorums or sets of Masternodes that work together towards accomplishing certain tasks. After a quorum has been successfully created, it remains active for several hours or days.

Browser Extension and Website (Complete)
Our browser extension and website represent main facillitators of the Alterdot ecosystem as they include features that enable accessing our decentralized web through blockchain domain name resolution and more.

Insight Explorer and API (In Progress)
The Insight block explorer and API includes several important features that our current main explorer is lacking. Having those features allows for further development and expansion of the Alterdot ecosystem in the area of web applications.

Alterdot IPFS Gateway
The IPFS infrastructure currently available for free on the internet is maintained by numerous organizations. We are going to contribute by maintaining a public gateway ourselves since building on top of a technology also implies becoming part of it.

Activation of ChainLocks
ChainLocks represent a protection mechanism against 51% attacks that makes use of the Masternode network. Quorums of Masternodes start collectively signing past blocks which are then recognized by the rest of the network as secure since they can no longer be reorgnized.

Light Wallet
The browser extension will be further expanded to include light wallet functionalities such as coin transfers and domain name management. In the initial version of the extension these operations are possible only if a full Alterdot wallet is running locally.

Introduction of Alternodes
Alternodes will be introduced as a second tier of Masternodes, having higher specifications. They will be running IPFS clients and they will allow for pinning IPFS content that resides under Alterdot domains. Alternodes will be the building block of our decentralized hosting solution.

Search Engine
A search engine for blockchain domain names will be created in order to easily find and discover Alterdot websites. Coupled with this, we will be looking into the creation a tagging system for websites in order to realize even more efficient queries.

Content Filtering
The content hosted under Alterdot domains has to be resistant to censorship but at the same time, our network should never become a harbor for criminal activities. This is why we will implement a decentralized ticketing system that rewards people for reporting and removing illegal content.

New Desktop Wallet
A new desktop wallet will be created with the capability of running either in full or light mode. Extended functionalities related to accessing and managing Alterdot domains will also be included.

Wrapping Alterdot
In order to give everyone an easy, secure and decentralized means of exchanging Alterdot into any other cryptocurrency or token, we are looking forward to create an easy-to-use tool for wrapping Alterdot on other blockchains such as Ethereum.

All-in-One Application
Facilitating the usage of the Alterdot web can be made easiest by packing together many of our previously created tools and services. This leads to the creation of an all-encompassing application fully integrated with Alterdot and IPFS nodes.

Complete Decentralization
Reaching complete decentralization of the web as we know it implies creating a solution for secure data storage and processing resembling traditional Backend infrastructure through IPFS, Smart Contracts and Alternodes.

Website Templates
One of the main end products that we have planned for the Alterdot ecosystem is an array of customizable templates for decentralized websites ranging from e-commerce to general data administration and more.
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January 12, 2020, 10:36:32 PM
Last edit: January 13, 2022, 11:30:13 PM by mrankin
 #3

reserved
cryptomaxsun
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January 13, 2020, 04:52:59 AM
 #4

Is a coin traded on exchanges?

❘|❘ Cлaвa Укpaинe! ❘|❘ Glory to Ukraine! ❘|❘
❘|❘ КaPФaгeн дoлжeн быть paзpyшeн ❘|❘
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January 13, 2020, 04:57:34 AM
Last edit: January 13, 2022, 11:32:02 PM by mrankin
 #5

Is a coin traded on exchanges?
Yes!
Cratex.io
https://cratex.io/index.php?pair=ADOT/BTC
https://cratex.io/index.php?pair=ADOT/LTC
https://cratex.io/index.php?pair=ADOT/DOGE

Exbitron.com
https://www.exbitron.com/trading/adotusdt
https://www.exbitron.com/trading/adotbtc
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January 13, 2020, 05:02:56 AM
 #6

Is a coin traded on exchanges?
Yes, the coin is trading on Cratex.io under the old coin name CRDS/BTC. The chain is the same so no change there. Am waiting on them to rename the coin and update the wallet on their platform. I will updated the OP and include the exchange as soon as this is done.
If you need a Russian translation, then I can do it.
my portfolio - https://docs.google.com/spreadsheets/d/1HFQRhq7wfvx33jm8wEUfofcIIqjsh3QOwDzDuqjf-5s/edit#gid=0

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January 14, 2020, 12:09:55 PM
 #7

Is this project was known as this [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] or is it something else? A suggestion, I think it would be better for you to add the link to your previous announcement because there are so many Credits exist here.
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January 14, 2020, 11:16:01 PM
Last edit: January 13, 2022, 11:37:21 PM by mrankin
 #8

Is this project was known as this [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] or is it something else? A suggestion, I think it would be better for you to add the link to your previous announcement because there are so many Credits exist here.

No that's not the previous ANN thread. I have updated the OP with the correct previous ANN thread now. Thanks for the suggestion.
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January 15, 2020, 12:20:33 PM
Last edit: January 15, 2020, 04:31:48 PM by cryptomaxsun
 #9

Russian translation - https://bitcointalk.org/index.php?topic=5217813.0

UP. How to mine this coin?
https://miningpoolstats.stream/credits
Only 1 pool, rejected shares.
in solo you can mine, what miner is needed and settings, or are there other pools?

❘|❘ Cлaвa Укpaинe! ❘|❘ Glory to Ukraine! ❘|❘
❘|❘ КaPФaгeн дoлжeн быть paзpyшeн ❘|❘
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January 15, 2020, 09:34:07 PM
Last edit: January 13, 2022, 11:34:01 PM by mrankin
 #10

Russian translation - https://bitcointalk.org/index.php?topic=5217813.0

UP. How to mine this coin?
https://miningpoolstats.stream/credits
Only 1 pool, rejected shares.
in solo you can mine, what miner is needed and settings, or are there other pools?
Thank you for the translation.

List of pools can be found at https://miningpoolstats.stream/alterdot
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January 15, 2020, 10:01:21 PM
 #11

Is a coin traded on exchanges?
Yes, the coin is trading on Cratex.io under the old coin name CRDS/BTC. The chain is the same so no change there. Am waiting on them to rename the coin and update the wallet on their platform. I will updated the OP and include the exchange as soon as this is done.

they need to edit also their roadmap, for q1 2020, they still included cryptopia in their list =



and bittrex, binance this quarter? be realistic with their goals. i can understand bittrex but binance? do they have the resources and docs to go for binance?

..Stake.com..   ▄████████████████████████████████████▄
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January 15, 2020, 11:02:58 PM
Last edit: January 13, 2022, 11:35:11 PM by mrankin
 #12

Roadmap updated - https://bitcointalk.org/index.php?topic=5217044.msg53589077#msg53589077

Can also be found at https://alterdot.org/#roadmap
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January 16, 2020, 11:52:26 PM
 #13


NEW MINING POOL

www.cryptaliapool.it

got shares working but need hash to find first block,


cpuminer-sse2.exe -a argon2d-dyn -o stratum+tcp://cryptaliapool.it:4239 -u YOURADDRESS -p c=BCRS


come to mine


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January 17, 2020, 05:23:03 AM
 #14

in the wallet of netpiers !!!
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January 17, 2020, 05:29:01 AM
 #15


NEW MINING POOL

www.cryptaliapool.it

got shares working but need hash to find first block,


cpuminer-sse2.exe -a argon2d-dyn -o stratum+tcp://cryptaliapool.it:4239 -u YOURADDRESS -p c=BCRS


come to mine



Please add your pool to https://miningpoolstats.stream/credits

in the wallet of netpiers !!!
bitreds.conf
Code:
addnode=173.208.242.179:31000
addnode=173.208.242.180:51824
addnode=198.98.111.2:31000
addnode=198.98.111.249:58148
addnode=198.98.111.250:38588
addnode=198.98.111.251:37536
addnode=198.98.111.252:40826
addnode=173.249.42.178:31000
addnode=198.98.111.248:34396
addnode=23.89.173.6:56312
addnode=198.98.111.254:44644
addnode=198.98.111.247:51068
addnode=198.98.111.253:43514
addnode=23.88.166.195:31000
addnode=23.88.166.197:55316
addnode=23.88.166.196:37622
addnode=80.211.108.175:31000
addnode=192.80.158.147:31000
addnode=54.37.155.32:31000
addnode=194.19.235.81:31000
addnode=93.100.211.90:31000
addnode=92.187.119.60:31000
addnode=23.89.173.2:31000
addnode=42.51.40.100:31000
addnode=54.36.175.160:31000
addnode=222.132.16.154:31000
addnode=37.26.74.196:31000

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January 24, 2020, 08:22:06 PM
Last edit: January 13, 2022, 11:36:15 PM by mrankin
 #16

Alterdot is now open for trading on Cratex!

If you held CRDS or BCRS on the exchange these have now been matured into ADOT.
https://cratex.io/index.php?pair=ADOT/BTC
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February 04, 2020, 11:08:50 PM
 #17

How about your BNB listing? Still pushing thru? Hard to get in in that exchange but you might have more trading volume in case you can pull it off? But in the meantime, focus on your development so you have nice platform to boast of.
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February 05, 2020, 11:44:02 PM
 #18

How about your BNB listing? Still pushing thru? Hard to get in in that exchange but you might have more trading volume in case you can pull it off? But in the meantime, focus on your development so you have nice platform to boast of.

We've taken Binance out of our roadmap and just left it 'listing on a large exchange'. TBH we need to build more presence so we can be included at CoinGecko, Coinmarketcap etc.

As of right now we have been accepted for listing at https://altmarkets.io which will help our inclusion on these sites (which already have the Altmarkets exchange);

CoinGecko
CoinPaprika
CoinMarketCap (will need at least one more exchange listing to be included here.

Will also be looking at listing at more MN stat sites. Still have a few small things to iron out before we start marketing and trying to gain momentum.
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February 06, 2020, 12:26:08 PM
 #19

BCRS Bitcreds is listed on Altmarkets



https://altmarkets.io/trading/bcrsbtc

BCRS Discord: https://discord.gg/AVHryvd

Altmarkets.io (https://www.altmarkets.io) - A Cryptocurrency Exchange
Lower coin cap focused cryptocurrency exchange -
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February 06, 2020, 09:13:59 PM
 #20

The price in altmarkets is very low right now. I understand that you just got listed. But you started low here. What are the strategies from the dev's end to boost your value in the trading market? Aside from looking in mn site listings, how about real application of your coin? That might help in elevating the value of your coin.

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