[ANN] [SETT] Scrypt [PoW/PoS] ONLY SOLO MINING = CPU/GPU & Wallet Staking

[beardedqball]

This is an experimental chain I am working with, and have decided to release a test of the chain itself.

(The Wallet itself scanned)
https://www.virustotal.com/gui/file/e6172fd75d5c13c2aab8b3fbbc8bb4b6660e82a4a0f9415ac276b4dd30106c1c/detection
(false positive but feel free to research)

http://www.mediafire.com/file/g93gjiopf5ux7u7/Sethios_Phase_1.0_%2528no_miner_included%2529.rar/file (windows wallet + text documents = NO MINER)
https://www.virustotal.com/gui/file/b0f80eb4aaf408eb8d67f4461d3a3df65314f0d3e58061241bcb858d4b976d0c/detection

http://www.mediafire.com/file/w7bwqe1vkec96xq/sethios-qt-linux.tar.gz/file (linux wallet NO MINER NO DOCUMENTS)
https://www.virustotal.com/gui/file/35a6e10a2e0d35944c7b607d99eec2cad186a6876cac3dcfccfb46dc4ff71249/detection
(do your own research on results, linux doesn't like me lol)


Included in the 9mb package is 3 text files, instructions, and of course the wallet.

The 3 text files are an instructions note, information note, and of course a readme. I would advise to read the readme first.

(Again, be gentle lol. I'm a one man show here alright? lol)

For those who are curious:


Last PoW block         :   block 1,000,000
Min. stake age         :   2 hours
Max. stake age         :   Unlimited
Coinbase maturity      :   20 blocks
Target spacing         :   1 minute
Target timespan         :   1 minute
Transaction confirmations   :   6 blocks
Algorithm                 :       Scrypt
Block type                 :       Proof-of-Work/Proof-of-Stake
Coin name                 :       Sethios
Coin abbreviation      :   SETT
Address letter         :   S
Block reward         :   25 coins
Block reward (PoS)      :   3 coins
Coin supply         :   25000000 coins

[olkah]

https://www.virustotal.com/gui/file-analysis/YmMzYzA3NDY5ZGJhYjkzYjZhYjBjOGYzMmQ4OGY1ZTg6MTYwNzQzMTQyOA==/detection

[beardedqball]

I mean miners are miners. If you don't feel safe with the miner I can provide one without a minor in it. In fact, lemme go ahead and just do that too for those who have their own miners.

[ShllFT]

Hi,

I think nobody would mine it without having the code open source. 

Can you provide it please? ty

[beardedqball]

Currently I will not move to open source as of yet. If that leaves people to choose not to mine it. That is ENTIRELY their decision.

[ShllFT]

Oh ok, it is for you too, i'd suggest thinking about it, a crypto project without open source code and with a lot of red flags on the virus detection, not letting people be able to compile the wallet themselves or to verify the code themselves too, it's no good for the project.

Only trying to help, no fud intented

[beardedqball]

Oh ok, it is for you too, i'd suggest thinking about it, a crypto project without open source code and with a lot of red flags on the virus detection, not letting people be able to compile the wallet themselves or to verify the code themselves too, it's no good for the project.

Only trying to help, no fud intented

No by all means. everyone is entitled to their own opinion. As stated now that I have edited it. The miner was what was causing the flags. If you want to test the windows wallet without the miner, you will see that it is in fact clean.

At the current time, I just prefer not to have things open. That DOESN'T mean that they won't be. As stated, this is testing the chain to begin with.

Last thing.... how am I supposed to KEEP IT solo mining... if I release the source? lol that just opens up the door for pools btw. Which is the one thing I want to avoid right now.

[ShllFT]

I understand, may i suggest a few ideas.

If you make it open source now, you could activate the testnet only, and mention that the project isn't ready yet.

Even though you'd put it on mainnet (which you would not, since tesnet official announced is a better idea) you could still fork it to start over (but once again that's a bad idea in that case)


But the best would be, since you want to avoid mining pools, to edit the code directly to make it solo mining on the wallet directly. Such as:  asic resistant +  mining pools resistant

Because if you want to one day  launch it officially, you will have no other choices than giving the source code, or people might be too scared of mining it and so then the best way to avoid the pools like mentioned above is just to edit the code to make it resistant to it, instead of avoiding people of seeing the code.


Maybe i'm wrong and people will still mine it, but for the better situation and success of the project, it is for the best for having it open source.

[beardedqball]

With the algorithm being x11 it is based off older algorithm, to help bring back some use to older x11 ASIC miners. Also, allowing for CPU mining. As far as gpu, I wasn't very successful on that front hah.

Also, on a side note. I am ABSOLUTELY FINE with it taking time to launch lol. As I stated before it is just me, so I can only do but so much at a time. Aside from that, at least I will be able to keep up with a slow launch too. At least then, I would see how the chain handles everything too lol. Hell for all I know, the chain could magically break and split off into wonderland.

[AllForOneA41]

give whole config file to put in wallet folder also minerd don't support x11 algo what a misery

[beardedqball]

give whole config file to put in wallet folder also minerd don't support x11 algo what a misery

for the bat file for the miner, take out the -a x11 from the start.bat file.

[AllForOneA41]

And please make some discord community to contact in real time

[beardedqball]

And please make some discord community to contact in real time

Already planned on it. As stated, I'm a one man army right now. lol

[AllForOneA41]

can you compile linux daemon only wallet ?

[AllForOneA41]

Also If is testing now does that mean coins will vanish or they stay with miners ??

[beardedqball]

Also If is testing now does that mean coins will vanish or they stay with miners ??

It's gonna be a no on the daemon only wallet.

As far as the coins, NO they WILL NOT vanish. They will stay with whoever has mined/traded/bought/sold/ect the coins.

[AllForOneA41]

As for me nice that someone want to make some new coin. But there is few questions :
1.When source will be open?
2. When we see White paper?
3.What is usecase for coin?

[beardedqball]

As for me nice that someone want to make some new coin. But there is few questions :
1.When source will be open?
2. When we see White paper?
3.What is usecase for coin?

1. Currently TBD based on how things go (massive failure of course I'm not gonna show you )
2. Hopefully it shouldn't be TOO long. Again, being one person. I have to get a lot done and only have two hands lol.
3. Current usecase is testing the chain, testing transactions, testing PoS system, and overall stability. Aside from that, where
it will end up? I guess we will just have to wait and see.

[AllForOneA41]

ok so as for now Im counting on discord channel in first place

[beardedqball]

https://www.virustotal.com/gui/file-analysis/YmMzYzA3NDY5ZGJhYjkzYjZhYjBjOGYzMmQ4OGY1ZTg6MTYwNzQzMTQyOA==/detection

Wow lol

Again - This was including the miner