[ANN][COSA] Cosanta POW + POS / CPU mining [English]

[mesinah]

How do you stake Cosanta? I am running latest wallet, staking is false, nothing about it in help command.

[1713505473]

1713505473

[1713505473]

1713505473

[1713505473]

1713505473

[1713505473]

1713505473

[1713505473]

1713505473

[1713505473]

1713505473

[cosanta]

How do you stake Cosanta? I am running latest wallet, staking is false, nothing about it in help command.

You need inputs above 1 COSA, unlocked wallet and 24 hours matured time

[cosanta]

The new version 0.17.0.3 has been released https://cosanta.net/en/download/

Please update your client to latest one ASAP

[cosanta]

The DIP0020 has been activated on 145152, we hope you're ok and using 0.17 version of Cosanta
"dip0020": {
      "status": "active",
      "startTime": 1625097600,
      "timeout": 1656633600,
      "since": 145152
    }

[cosanta]

The Cosanta has been added to https://pirate.place

[murkapool]

Cosanta now available on:

MurkaPool.it

Website:
https://www.murkapool.it/

Stratum:
stratum+tcp://murkapool.it:3036

Miner Command Line:
-a cosa -o stratum+tcp://murkapool.it:3036 -u <walletaddress> -p c=COSA

Fees:
0.1 % - Shared Mining
0.2 % - Solo Mining

Payout:
Min. 2 COSA every 30 minutes

Peers list:
addnode=[2001:19f0:7002:11d6:5400:3ff:fe45:8b80]:60606
addnode=178.62.28.37:60606
addnode=68.183.155.129:60606
addnode=108.61.246.93:60606
addnode=78.26.180.92:60606
addnode=[2804:5818:a069:d800::1]:60606
addnode=[2001:19f0:7002:11d6:5400:3ff:fe45:8b80]:60606
addnode=68.183.155.129:60606
addnode=178.62.28.37:60606
addnode=108.61.246.93:60606
addnode=78.26.180.92:60606
addnode=[2804:5818:a069:d800::1]:60606

[cosanta]

year ago, the Cosanta blockchain was launched, happy birthday

[PAMPT]

What has changed? One year changes everything in crypto. Cosanta has been languishing on its ass, pretty much like you have been doing. How is it something that you commend yourself for? If u wanna conquer the verticals then do your part to bring your vision to people with money to fund the thing if you lack money to goose it up yourself. Your COSA nostra thing is flat on the year. End of story.

[cosanta]

What has changed? One year changes everything in crypto. Cosanta has been languishing on its ass, pretty much like you have been doing. How is it something that you commend yourself for? If u wanna conquer the verticals then do your part to bring your vision to people with money to fund the thing if you lack money to goose it up yourself. Your COSA nostra thing is flat on the year. End of story.

Here is what has been done for the year:
1) We used the base Dash code 0.15.0.3 in which we changed the hashing algorithm to protect against ASICs
2) on block 100,000, the Pos algorithm was added, which was not originally in this project
3) we updated the core 0.15.0.3 -> 0.16 where a lot of bugs were fixed in the UI and bug fixes with the dash  team
4) the next code update was 0.16->0.17 , which matches the original dash branch
5) we continue to work on the update to 0.18, which will be released soon

Please note that we deliberately made low rewards at the very beginning so that there would be no advantage for the first users over new ones while we are finalizing the update of our project

We are constantly updating the code, and despite the fact that most of the team is located in Ukraine, this does not prevent us from developing the product.

We do not participate in pumps and dumps. our goal is to create a product and activity in the market is an indicator that we are doing the right thing, we also created a product without premine and all mined coins are with the community and all transactions are without to developers fees.

[elmo40]

I bet you didn't expect PoS to take over blocks from PoW this quickly.
This has given the early miners a bit of an advantage over newcomers. (As in typical crypto fashion).

Too many projects that implemented PoW/PoS hybrid have allowed the PoS to take over the chain.

Last mined block was about 2 days ago! Any thoughts on correcting the code to lower the weight a wallet has on block finds? Then you'd make it 'more fair' for newcomers since they can not even enter the game, no matter the block reward. PoS will always win.

[cosanta]

I bet you didn't expect PoS to take over blocks from PoW this quickly.
This has given the early miners a bit of an advantage over newcomers. (As in typical crypto fashion).

Too many projects that implemented PoW/PoS hybrid have allowed the PoS to take over the chain.

Last mined block was about 2 days ago! Any thoughts on correcting the code to lower the weight a wallet has on block finds? Then you'd make it 'more fair' for newcomers since they can not even enter the game, no matter the block reward. PoS will always win.

Early PoW miners mining blocks by 0.01, 0.02, 0.03, 0.04, 0.05, 0.06, 0.07, 0.08, 0.09 and then hybrid mining was 0.1 and soon it will be 0.2 per block.

Now it is really difficult to mine PoW due to the high difficulty  and PoW is still available, but what prevents you from exchanging for several coins and mining Pos blocks?

The maximum block reward will be 50 coins, and then there will be halvings.

Just due to the fact that the reward for the first 4 years will increase, it does not give a big advantage to early miners. Now only 100 coins are mined per day and every half a year the count of coins per day will be more.

At the moment, only 26531 coins have been mined and this was mined in a whole year, and in 4 years the network will be mining 27500 per day.

Code:

Retarget: 0, value: 0.01, Date: 2021-07-17 18:28:33
Retarget: 1, value: 0.02, Date: 2021-08-06 22:02:05  Prev_total: 111.11000000001992
Retarget: 2, value: 0.03, Date: 2021-08-27 05:25:21  Prev_total: 333.3400000000117
Retarget: 3, value: 0.04, Date: 2021-09-16 11:44:17  Prev_total: 666.6799999997086
Retarget: 4, value: 0.05, Date: 2021-10-06 17:57:52  Prev_total: 1111.1299999993043
Retarget: 5, value: 0.06, Date: 2021-10-27 00:47:10  Prev_total: 1666.689999998799
Retarget: 6, value: 0.07, Date: 2021-11-16 06:27:39  Prev_total: 2333.359999998193
Retarget: 7, value: 0.08, Date: 2021-12-06 12:37:27  Prev_total: 3111.1400000000117
Retarget: 8, value: 0.09, Date: 2021-12-26 18:42:32  Prev_total: 4000.0299999992035
Retarget: 9, value: 0.1, Date: 2022-01-16 00:56:07  Prev_total: 5000.03000000082
Retarget: 10, value: 0.2, Date: 2022-02-05 07:15:28  Prev_total: 6111.330000004862
Retarget: 11, value: 0.3, Date: 2022-08-26 05:55:55  Prev_total: 28333.630000076242
Retarget: 12, value: 0.4, Date: 2023-03-16 02:36:22  Prev_total: 61667.03000034584
Retarget: 13, value: 0.5, Date: 2023-10-04 01:16:49  Prev_total: 106111.52999976947
Retarget: 14, value: 0.6, Date: 2024-04-22 22:57:16  Prev_total: 161667.12999976947
Retarget: 15, value: 0.7, Date: 2024-11-10 19:37:43  Prev_total: 228333.83000041623
Retarget: 16, value: 0.8, Date: 2025-01-10 09:21:41  Prev_total: 251667.73000080427
Retarget: 17, value: 0.9, Date: 2025-07-11 03:28:21  Prev_total: 331667.8299996402
Retarget: 18, value: 1, Date: 2026-01-08 19:35:01  Prev_total: 421667.93000196846
Retarget: 19, value: 2, Date: 2026-01-26 23:41:41  Prev_total: 431668.93000196846
Retarget: 20, value: 3, Date: 2026-02-14 03:48:21  Prev_total: 451669.93000196846
Retarget: 21, value: 4, Date: 2026-03-04 07:55:01  Prev_total: 481670.93000196846
Retarget: 22, value: 5, Date: 2026-03-22 12:01:41  Prev_total: 521671.93000196846
Retarget: 23, value: 6, Date: 2026-04-09 17:08:21  Prev_total: 571672.9300019685
Retarget: 24, value: 7, Date: 2026-04-27 21:15:01  Prev_total: 631673.9300019685
Retarget: 25, value: 8, Date: 2026-05-16 01:21:41  Prev_total: 701674.9300019685
Retarget: 26, value: 9, Date: 2026-06-03 05:28:21  Prev_total: 781675.9300019685
Retarget: 27, value: 10, Date: 2026-06-21 09:35:01  Prev_total: 871676.9300019685
Retarget: 28, value: 15, Date: 2026-06-23 05:11:41  Prev_total: 881681.9300019685
Retarget: 29, value: 20, Date: 2026-06-25 00:48:21  Prev_total: 896686.9300019685
Retarget: 30, value: 25, Date: 2026-06-26 20:25:01  Prev_total: 916691.9300019685
Retarget: 31, value: 30, Date: 2026-06-28 16:01:41  Prev_total: 941696.9300019685
Retarget: 32, value: 35, Date: 2026-06-30 11:38:21  Prev_total: 971701.9300019685
Retarget: 33, value: 40, Date: 2026-07-02 07:15:01  Prev_total: 1006706.9300019685
Retarget: 34, value: 42.5, Date: 2026-07-04 02:51:41  Prev_total: 1046709.4300019685
Retarget: 35, value: 45, Date: 2026-07-05 22:28:21  Prev_total: 1089211.9300019685
Retarget: 36, value: 50.0, Date: 2026-07-07 18:05:01  Prev_total: 1134216.9300019685

[cosanta]

💡 We did register two new domains of cosanta:
cosanta.ton https://dns.ton.org/#cosanta
cosanta.eth https://app.ens.domains/name/cosanta.eth/details

[cosanta]

The block reward has been increased to 0.3 on block height 222223. We're expecting next block reward to 0.4 2023-03-16 20:07:18

Code:

Retarget: 0, value: 0.01, Date: 2021-07-17 18:28:33
Retarget: 1, value: 0.02, Date: 2021-08-06 22:02:05  Prev_total: 111.10000000 (+111)
Retarget: 2, value: 0.03, Date: 2021-08-27 05:25:21  Prev_total: 333.32000000 (+222)
Retarget: 3, value: 0.04, Date: 2021-09-16 11:44:17  Prev_total: 666.65000000 (+333)
Retarget: 4, value: 0.05, Date: 2021-10-06 17:57:52  Prev_total: 1111.09000000 (+444)
Retarget: 5, value: 0.06, Date: 2021-10-27 00:47:10  Prev_total: 1666.64000000 (+556)
Retarget: 6, value: 0.07, Date: 2021-11-16 06:27:39  Prev_total: 2333.30000000 (+667)
Retarget: 7, value: 0.08, Date: 2021-12-06 12:37:27  Prev_total: 3111.07000000 (+778)
Retarget: 8, value: 0.09, Date: 2021-12-26 18:42:32  Prev_total: 3999.95000000 (+889)
Retarget: 9, value: 0.1, Date: 2022-01-16 00:56:07  Prev_total: 4999.94000000 (+1000)
Retarget: 10, value: 0.2, Date: 2022-02-05 07:15:28  Prev_total: 6111.14000000 (+1111)
Retarget: 11, value: 0.3, Date: 2022-08-26 23:26:51  Prev_total: 28333.34000000 (+22222)
Retarget: 12, value: 0.4, Date: 2023-03-16 20:07:18  Prev_total: 61666.64000000 (+33333)

[cosanta]

Please update your Cosanta client to 0.17.0.5 for voting block reward realloc (we're going to decrease total supply and change #masternode percent but we need votes from miners)

"realloc": {
      "status": "defined",
      "startTime": 1664582400,
      "timeout": 1696118400,
      "since": 0
    },

Here is proposal:

Code:

Retarget: 14, value: 0.6, Date: 2024-04-23 16:28:12  Prev_total: 161666.54000000 (+55556)
Retarget: 15, value: 0.7, Date: 2024-11-11 13:08:39  Prev_total: 228333.14000000 (+66667)
Retarget: 16, value: 0.8, Date: 2025-01-11 02:52:37  Prev_total: 251666.94000000 (+23334)
Retarget: 17, value: 0.9, Date: 2025-07-11 20:59:17  Prev_total: 331666.94000000 (+80000)
Retarget: 18, value: 1, Date: 2026-01-09 13:05:57  Prev_total: 421666.94000000 (+90000)
Retarget: 19, value: 2, Date: 2026-01-27 17:12:37  Prev_total: 431666.94000000 (+10000)
Retarget: 20, value: 3, Date: 2026-02-14 21:19:17  Prev_total: 451666.94000000 (+20000)
Retarget: 21, value: 4, Date: 2026-03-05 01:25:57  Prev_total: 481666.94000000 (+30000)
Retarget: 22, value: 5, Date: 2026-03-23 05:32:37  Prev_total: 521666.94000000 (+40000)
Retarget: 23, value: 6, Date: 2026-04-10 10:39:17  Prev_total: 571666.94000000 (+50000)
Retarget: 24, value: 7, Date: 2026-04-28 14:45:57  Prev_total: 631666.94000000 (+60000)
Retarget: 25, value: 8, Date: 2026-05-16 18:52:37  Prev_total: 701666.94000000 (+70000)
Retarget: 26, value: 9, Date: 2026-06-03 22:59:17  Prev_total: 781666.94000000 (+80000)
Retarget: 27, value: 10, Date: 2026-06-22 03:05:57  Prev_total: 871666.94000000 (+90000)
Retarget: 28, value: 15, Date: 2026-06-23 22:42:37  Prev_total: 881666.94000000 (+10000)
Retarget: 29, value: 20, Date: 2026-06-25 18:19:17  Prev_total: 896666.94000000 (+15000)
Retarget: 30, value: 25, Date: 2026-06-27 13:55:57  Prev_total: 916666.94000000 (+20000)
Retarget: 31, value: 30, Date: 2026-06-29 09:32:37  Prev_total: 941666.94000000 (+25000)
Retarget: 32, value: 35, Date: 2026-07-01 05:09:17  Prev_total: 971666.94000000 (+30000)
Retarget: 33, value: 40, Date: 2026-07-03 00:45:57  Prev_total: 1006666.94000000 (+35000)
Retarget: 34, value: 42.5, Date: 2026-07-04 20:22:37  Prev_total: 1046666.94000000 (+40000)
Retarget: 35, value: 45, Date: 2026-07-06 15:59:17  Prev_total: 1089166.94000000 (+42500)

[elmo40]

No more decrease in mining reward? Now it increases to 45/block instead of 50/block.
Novel.
This will baffle the people who believe that halving increases scarcity and therefore will raise the price due to same(higher?) demand with less supply. ;-)

With PoS active, it is not an issue. No one has been mining for a while anyways. If there was no PoS then the coin would die simply due to people waiting for larger block rewards.

Now, what about MN % change? (not that I mined enough to even start one...) Currently 60%. Want to change to what?

[cosanta]

No more decrease in mining reward? Now it increases to 45/block instead of 50/block.
Novel.
This will baffle the people who believe that halving increases scarcity and therefore will raise the price due to same(higher?) demand with less supply. ;-)

With PoS active, it is not an issue. No one has been mining for a while anyways. If there was no PoS then the coin would die simply due to people waiting for larger block rewards.

Now, what about MN % change? (not that I mined enough to even start one...) Currently 60%. Want to change to what?

Right now MN 60% will be only after 700 000 block, but you can run MN early and your reward will be 0% (we did run MN in testnet network and you can check MN payouts https://testnet.cosanta.net/, also, for testnet MN rewards will be early - on 333 333 height)

Our idea for MN rewards start from 5-10% and increasing reward up to 60% when new service will be available on it. Because the blocks are created by miners and if the nodes do nothing, then the rewards should not be so high.

Regarding the change in rewards - we want to more smoothly increase rewards in the first 4 years, but because of this, the total supply of coins will change total supply.

Red - current
Blue - proposal

[cosanta]

https://github.com/cosanta/cosanta-core/releases/tag/v0.17.0.6

[NEW] Unlock only for staking
[FIX] some issues with PoS
[NEW] RPC command getstakingstatus
[testnet] reallocate MN rewards from 4010 to 333333
[FIX] Masternode collateral amount

[cosanta]

Please vote for listing #COSA on graviex exchange by sending some GIO to GTv7bH2vwye28qYt8Bq53NgBUDgQxCYeM1

https://graviex.net/listing_registers

[cosanta]

Code:

    "realloc": {
      "status": "locked_in",
      "startTime": 1664582400,
      "timeout": 1696118400,
      "since": 245952
    },

The vote for the redistribution of rewards was taken in the first round.
The total supply of Cosa will be reduced by 1M and there will be a smoother growth of rewards up to a million block, and masternode rewards will also be changed.

[cosanta]

💡 Added Cosanta wrapped token on #Binance
0x499954F9C977B74a48D4BB14BA9904bEA6CB7B01

you can trade #Cosa on PancakeSwap by using Cosanta wrapped token and exchange Cosa to Cosa (BEP-20)