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Author Topic: I created a cryptocurrency with an electoral system and a new economic model  (Read 623 times)
mercurygermes@gmail.com (OP)
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June 01, 2023, 08:04:10 AM
Last edit: August 02, 2023, 07:42:47 PM by mercurygermes@gmail.com
 #1

my discord https://discord.gg/MqkvC3SGHH
my telegram https://t.me/citu_coin
my web http://194.87.236.238:82/

mission.
Using a new economic model that is resistant to deflationary and inflationary crises, unite humanity into a single democratic trading network.
Our digital democracy is resistant to vote-stuffing and the parliament represents all sections of society.
First of all, we are creating a democratic platform where the views of all participants should be heard.


Hey all.
Before downloading, I would like you to read the text below.
My cryptocurrency was inspired by the US Constitution and the parliamentary system of government.
My system has implemented a system that allows all participants to create laws and approve laws through democratic procedures.
Imagine a world where a resident of the United States, Mexico, Canada or other regions will elect their representatives and approve laws,
and also using direct democracy, but I need you to participate, I am a developer and can modify
code to make the legislative system better. Together we will be like the founding fathers of digital democracy.

How is the law going now.
There are 3 groups of people who are elected and vote differently.
1. Independent members, each time you mine a block you are given 400 digital dollars and 400 digital shares.
  Every time you vote for a law, the law gets as many votes as you have shares, but with some nuances.
  Imagine you voted YES for 2 laws and NO for 4 laws and you have 100 shares. Then the laws you voted YES
  will receive 50 votes according to the formula (YES/2), the same for NO/4=25. But it doesn't end there.
("NOTHING" means you have removed your vote.)
  Next, we summarize the votes of all participants cast for a particular law.
  Separately sum YES and separately NO and subtract from YES - NO and the result should be greater than 1.


2. Board of Shareholders. The Board of Shareholders consists of 1500 members with the largest number of shares.
  But only those accounts that were active during the year are taken into account.
  One score equals one vote. We also summarize for each law separately
  all YES and all NO and also subtract from YES - NO (voting only in amendet)


3. And the last 3 group, these are fractions, fractions consist of 100 accounts and are elected similarly to the Board of Directors, but their
  votes are equal to shares. For example, if a Faction received 23% of the votes from 100 participants, then its vote is 23%.
  So, every time a faction votes for a law, we go through the same procedure as for the others. Namely, we summarize separately
  all YES and NO and subtract from YES - NO and the result should be more than 10%.

For all participants, only votes from which no more than four years have passed are taken into account. Votes dynamically change with each block
taking into account how many shares are held by independent participants or retains or officials of their positions. A law is valid if it
more than 1 vote from Independent Participants.
10 or more votes from the Board of Directors
and 10% or more from fractions. But the law must be approved by all 3 groups.


The system also has a negative rate.
Why is she needed? Let's imagine that you mine a coin, every four years it reduces your mining. This means that you remain profitable,
the value of the coin should double every four years and this is simply not possible mathematically, since you do not affect the value of the coin
and this can eventually ruin the system. There are other coins that have lifted the mining cap, but they are subject to high inflation.
So that the total number of coins does not grow, I
made such a system. If every six months we withdraw 0.2% of digital dollars and 0.4% of digital shares from all accounts, at some point we will come to the conclusion that
that the created coins will be equal to the destroyed ones and this will limit the total number of coins.

Every six months, 0.2% of digital dollar and 0.4% of digital stocks are destroyed, which allows us to continue issuing money in the same amount, as the amount of money destroyed and created comes into parity.


This part of the code runs on a local disk and you can mine immediately, it connects to a server whose source code is also available and one such server has already been raised.
https://github.com/CorporateFounder/unitedStates_final

server storage
https://github.com/CorporateFounder/unitedStates_storage

ReversedOne
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June 02, 2023, 05:49:42 AM
 #2

There is a problem with many functions for example I'm trying to set public key and get reply :

Whitelabel Error Page
This application has no explicit mapping for /error, so you are seeing this as a fallback.

Fri Jun 02 07:46:56 CEST 2023
There was an unexpected error (type=Not Found, status=404).
mercurygermes@gmail.com (OP)
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June 02, 2023, 07:43:21 AM
Last edit: June 02, 2023, 08:26:35 AM by mercurygermes@gmail.com
 #3

I am very grateful for your help, as you pointed out the error and I quickly corrected it. Now after pressing the settings button, the changes will occur and you can see them on the main page. I will be glad if you post your PUBLIC KEY here, I want to send you 200 coins as my gratitude. ReverseOne.
If other errors are found, I will be very grateful if you point them out.

Also try to get a block, and tell us your experience of using it. As soon as you have more than one share in your account, try to see the
BOARD OF SHAREHOLDERS tab

After mining the block, check
194.87.236.238:80/size
and localhost:8082/size start mining
the size should increase in both and be the same.
Also, when you click "start mining" there in your browser it should be as if the page is loading, this is normal, so it finds the block.
gameparadise007
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June 02, 2023, 08:21:12 AM
 #4

I too get above error.
When I try to register my pub key to mine.
My pub key is -
25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP

Edit: now I downloaded new jar file . I was able to register host node.
Now clicked on "get a block" to start mining . The screen fails with below error -

Whitelabel Error Page
This application has no explicit mapping for /error, so you are seeing this as a fallback.

Fri Jun 02 13:56:57 IST 2023
There was an unexpected error (type=Internal Server Error, status=500).

mercurygermes@gmail.com (OP)
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June 02, 2023, 08:28:51 AM
 #5

Hello, I will also send you 200 coins, try to download the corrected version, I posted it on github

I sent you how I will get the block now, it will already be in the general blockchain, it is always advisable to update the blockchain before mining

Have you downloaded the resource folder to DISK C?
I am currently downloading to my PC and will check and write back to you. Thank you very much. I also sent you 200 digital dollars and 200 digital shares
gameparadise007
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June 02, 2023, 08:31:23 AM
 #6

I downloaded new jar.
It fails on mining . I posted error above.
Yes resource folder on c drive.
gameparadise007
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June 02, 2023, 08:41:22 AM
 #7

I received 200 coins . Thanks.

Running below show me same height.
194.87.236.238:80/size
and localhost:8082/size

Clicked on start mining. Lets see if it works.

Edit :

Mining still don't work.
I get below error -

Whitelabel Error Page
This application has no explicit mapping for /error, so you are seeing this as a fallback.

Fri Jun 02 14:11:37 IST 2023
There was an unexpected error (type=Internal Server Error, status=500).

gameparadise007
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June 02, 2023, 08:46:51 AM
 #8

I mined a block at height - 23673.
Mining is unstable and it sometimes fail with error I pasted above.
mercurygermes@gmail.com (OP)
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June 02, 2023, 08:49:37 AM
Last edit: June 02, 2023, 09:06:12 AM by mercurygermes@gmail.com
 #9

Try it through the UI tab, the block is mined or through http://localhost:8082/mine For some reason, the block is mined for me

I will try to correct possible errors, now I found an error that your account is not shown in the Board of shareholders' council, I will try to fix it. I gave you another 200

After each mining, do a block update

try to transfer one coin, then you should hit the Board of Shareholders
gameparadise007
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June 02, 2023, 09:04:33 AM
 #10

Share a address where I can send coin.

Also below is error from cmd that I get when mining fails.May be it is helpful for you -

user: 25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP
user: 25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP
user: 25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP
user: 25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP
BasisController: resolve: size: 7
BasisController: resove: address: http://localhost:8084
BasisController: resove: address: \http://localhost:8082\
BasisController: resove: address: http://localhost:8083
BasisController: resove: address: http://localhost:8086
BasisController: resove: address: http://localhost:8085
BasisController: resove: address: http://localhost:8082
its your address or excluded address: http://localhost:8082
BasisController: resove: address: http://194.87.236.238:80
BasisController:resolve conflicts: address: http://194.87.236.238:80/size
UtilUrl: readJsonFromUrl: http://194.87.236.238:80/size
BasisController: resove: size less: 23674 address: http://194.87.236.238:80/chain
user: 25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP
BasisController: findAddress: error
BasisController: resolve: size: 7
BasisController: resove: address: http://localhost:8084
BasisController: resove: address: \http://localhost:8082\
BasisController: resove: address: http://localhost:8083
BasisController: resove: address: http://localhost:8086
BasisController: resove: address: http://localhost:8085
BasisController: resove: address: http://localhost:8082
its your address or excluded address: http://localhost:8082
BasisController: resove: address: http://194.87.236.238:80
BasisController:resolve conflicts: address: http://194.87.236.238:80/size
UtilUrl: readJsonFromUrl: http://194.87.236.238:80/size
BasisController: resove: size less: 23674 address: http://194.87.236.238:80/chain
user: 25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP
UtilUrl: readJsonFromUrl: http://194.87.236.238:80/getTransactions
2023-06-02 14:31:14.851 ERROR 18900 --- [nio-8082-exec-1] o.a.c.c.C.[.[.[/].[dispatcherServlet]    : Servlet.service() for servlet [dispatcherServlet] in context with path [] threw exception [Request processing failed; nested exception is java.lang.NullPointerException: Cannot read the array length because "<local3>" is null] with root cause

java.lang.NullPointerException: Cannot read the array length because "<local3>" is null
        at International_Trade_Union.utils.UtilsTransaction.readLineObject(UtilsTransaction.java:66) ~[c


mercurygermes@gmail.com (OP)
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June 02, 2023, 09:13:57 AM
Last edit: June 02, 2023, 10:06:45 AM by mercurygermes@gmail.com
 #11

for mining always use http://localhost:8082/mine or via the mine contributor.
When you send a transaction, make sure that all fields are filled in, if you do not want to send a reward to the miner, put 0
Also go to the resources folder and there try to delete the contents of the transaction folder and sent transactions, you don’t need to delete the folders, only their contents. Try and subscribe again. Thanks a lot. Try now in the browser to register http://localhost:8082/mine

wait from two minutes to 10 minutes and the block should appear, also check the size of the blockchain as previously they should match your internal one. Thanks again. Your help is very important to me.
Create another account for yourself and you can send it there or to my account stExZb8ifLfnFoq4JJuTifpAcscegATH8znhwW26zyTa

im update jar file can check you

I sent 50 digital dollars and 50 digital shares to the account 25TzGfMpAygvuFvXujL4seof4LHpzC92crCTydGC9RmZP, as soon as you get the block,
 you should receive money, unsubscribe when you try to get the block.
the length of the block in both cases must match.
now them 23674
194.87.236.238:80/size
localhost:8082/size

gameparadise007 please check validation blockchain http://localhost:8082/checkValidation if false, say ok thanks friend
gameparadise007
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June 02, 2023, 10:10:45 AM
Last edit: June 02, 2023, 10:23:34 AM by gameparadise007
 #12

Check validation output is true.
Mining still won't get . I get same error as I pasted above
Lets create a discord, to talk more
mercurygermes@gmail.com (OP)
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June 02, 2023, 10:23:06 AM
 #13

Come on, I'm on this site for the first time, you can show how to create a discord.
gameparadise007
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June 02, 2023, 10:24:02 AM
 #14

I will gladly wait for an answer

Check validation output is true.
Mining still won't get . I get same error as I pasted above
Lets create a discord, to talk more
mercurygermes@gmail.com (OP)
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June 02, 2023, 10:29:17 AM
Last edit: June 02, 2023, 10:46:49 AM by mercurygermes@gmail.com
 #15

Yes. With pleasure, help find your in discord
i installed discord
мoй диcкopд зapeгиcтpoвaн нa пoчтy mercurygermes@gmail.com
how i can find your in discord
gameparadise007
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June 02, 2023, 10:49:05 AM
 #16

You can create a server on discord and share the link here
Anyone can join and help in testing
mercurygermes@gmail.com (OP)
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June 02, 2023, 10:54:55 AM
 #17

server in discord https://discord.gg/J5KF5NPJ my discord
gaming paradise007 waiting for you online
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June 03, 2023, 04:00:02 PM
 #18

Looks like a new algorithm. Looks good
mercurygermes@gmail.com (OP)
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June 03, 2023, 06:28:56 PM
 #19

Hello, thanks, the whole algorithm is written from scratch, there is also an electoral system and direct inclusion elements, all voting takes place quite quickly and a vote can be added within 2 minutes.
The economic part is written taking into account macroeconomic knowledge, which allows smoothing the exchange rate and reducing strong fluctuations. Allowing you to create a smoother increase in value.
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June 05, 2023, 11:33:57 AM
 #20

I also tested the mining and it was silky perfect, time to create a logo and name for this new algorithm cryptocurrency.
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