[ANN] Escudo Electrónico Português - CryptoNote - SHA256

[eptescudo]

Escudo Digital Português
Electronic "Escudo" Português is a coin which aims to provide all Portuguese, investors and supporters of Portugal financial anonymity.
It's the first anonymous coin of the world to implement SHA-256 as mining algorithm, however it's mining hardware is the CPU.
First and end goal is the right for financial anonymity and innovation.
Electronic "Escudo" Português is a coin by the Portuguese for the Portuguese.
Specifications:

Code:

Ticker: EPT
Total Supply: 21 M
Block Time: 60 seconds
Block reward: ~10
Algorithm: SHA256
Github: https://github.com/ptdotps2/ePT
Binaries : https://github.com/ptdotps2/ePT/releases/tag/v0.0.1 ( some miner positives and fake ones, compile yourself if in doubt) - Last thread got deleted for this matter, hope moderators are more selective next time. We are just from Portugal :)
Exchange: On the 15th
Hardware: CPU
Explorer: http://chain.escudopt.pro/

Contacts:
Twitter: https://twitter.com/escudodigitalPT
Website: https://escudopt.pro
Community:
Telegram: https://t.me/ePTchain
Discord : https://discord.gg/9JwtCPFyBp
Exchange:
https://xeggex.com/market/EPT_USDC
https://xeggex.com/market/EPT_BTC
Matrix: https://matrix.to/#/#ept:matrix.org

https://www.youtube.com/watch?v=4OQ0HORsOKo

[1715020667]

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[1715020667]

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[1715020667]

1715020667

[1715020667]

1715020667

[msduzaman]

Is mining started?

[eptescudo]

Is mining started?

Yes mainnet is live however listing has been postponed for tomorrow.

[eptescudo]

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Code:

Trading is live:

https://xeggex.com/market/EPT_USDC

https://xeggex.com/market/EPT_BTC

[talkshi]

Can I swap my Crypto Escudo for these?

[eptescudo]

Can I swap my Crypto Escudo for these?

As far as I'm aware Crypto Escudo has self exchange and now listed on c-patex, however direct trade isn't possible.

Synced 71209/71209 (100.0%) on mainnet, block v. 4,
last block hash: d5b88db8ad81824a5524a1733d54e0c1cc8ab87b5fc7c22f2c2bac198f644f3e,
next difficulty: 285725696, network hashrate: 4.76 MH/s, alt. blocks: 0,
5 out. + 5 inc. connection(s), 0 rpc connection(s), peers: 6 white / 32 grey,
0 transaction(s) in mempool, uptime: 0d 0h 7m 33s

Btw, some nodes if anyone has issues connecting :

  "209.94.60.118:6777",
  "208.110.69.170:6777",
  "204.12.220.34:6777",
  "5.199.133.25:6777",
  "64.227.45.67:6777"

[eptescudo]

Block explorer released to public: http://blocks.escudo.digital/

[eptescudo]

There is a work in progress implementation based on the idea of "spow" https://github.com/volbil/spow which tries to eliminate "pool-mining".

"This seemingly harmless concept centralize control over hash power around small group of peoples and goes against Satoshis idea of one-CPU-one-vote [2]."

[eptescudo]

Colors for Portugal.

Note on anyone willing to share info on ePT.

[eptescudo]

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Bitcoin and ePT share the same mining algorithm - SHA256

[eptescudo]

How to start mining:

1. Open

ePTdaemon.exe --add-exclusive-node 172.105.79.120:6777

2. Create a wallet on simplewallet.exe

3. Input

start_mining address nrofthreads

where nrofthreads = your cpu thread number

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[neguinho1]

but several other currencies also share

[eptescudo]

but several other currencies also share

We are actually the 1st CryptoNote to implement it.
                                                               ,,╓╓╓╓,.
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CryptoNote = financial anonymity.

[neguinho1]

but several other currencies also share

We are actually the 1st CryptoNote to implement it.
                                                               ,,╓╓╓╓,.
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CryptoNote = financial anonymity.

so this is a great advance, good luck to all of us

[eptescudo]

You can now join us on https://matrix.to/#/#ept:matrix.org for chat purposes.

[eptescudo]

ePT is getting delisted from xeggex.com as per their acquisition notice, "where it will be acquired by a Lithuanian based company named Dokdo UAB"

https://xeggex.com/post/xeggex_user_notice_aquisition

[eptescudo]

We've decided to release our own exchange.

A few points:

1. Exchange is ready to go.

2. Name has not been chosen yet.

3. Not sure if we should launch a private sale along a public one.

[eptescudo]

Bridge along token creation is "on the works" in order to keep EPT on xeggex.

Have a good day everyone.

[eptescudo]

Even though ePT algorithm is SHA-256 there is wip for spow, meaning any of "old" claims of being asicable are not valid. Further studies took us to the conclusion we would need indeed a "CPU-only" algorithm to keep us "CPU-only", however, we all know this is only temporary. You can "watch" for instance XMR evolution which aims to keep itself CPU-only mineable. Spow comes in, spow disallows any sort of "temporary" CPU algorithm. For legendary members to understand, where you would think ASIC would be possibility it simply won't. This is a complex problem, cause we are not only trying to solve adoption by minorities with less expensive hardware such as IoT devices but are also concerned with "banning" botnets and pool-mining. The aim is to keep it CPU, however we concluded GPU is also a possibility within core. Making ePT a "solo-gpu" coin even though using SHA-256. This is however sad on our eyes, cause let's face it, we want "less-expensive" (IoT) devices to be allowed along with expensive CPUs. For us to keep fairness extra measures would have to be taken ( such as a "limiter"), RAM is a possibility to "kick" out not-so-expensive GPUs (e.g. add a 32gb scratchpad loaded within RAM).    

CryptoNote started as Bytecoin with CryptoNight algorithm, a L3 cache bounded structure, and evolved to ASIC's, meaning measures have to be taken along time to keep either up or against ASIC manufacturers.

Seen options:

1. Keep it CPU/GPU minable along a big-sized scratchpad loaded in RAM.
2. Ditch spow idea and go SHA-256 mineable with ASIC's. ( pool-mining)
3. Any other

Our aim is / would be to keep SHA-256. However in 1st option to "kill" old gen/not so expensive GPUs we are also "killing" IOT devices. We strongly believe these should be an option along a fast algo as SHA-256 is.

Ideas/Proposals are welcome.

[eptescudo]

Block explorer ip - http://blocks.escudo.digital/

Reach us on discord if still not in the works.

Also make sure you are on ePT v. v0.0.1.16-4431330