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Author Topic: KNOTCOIN - World's First PoW Blockchain with Built-in Referral System  (Read 91 times)
Ponknot (OP)
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February 25, 2026, 04:13:45 PM
 #1

KNOTCOIN
World's First Quantum Secure PoW Blockchain with Built-in Referral System

Genesis Block: February 25, 2026
Status: Live Mainnet
Version: v1.0.0



What is Knotcoin?

The first proof-of-work blockchain with referrals built into the protocol. Bitcoin proved decentralized money works, but it left two problems unsolved: unfair distribution and no mechanism for organic growth. Early miners got millions while late miners get crumbs. Growth depends on external marketing and centralized promotion. Knotcoin fixes both. Fair distribution through gradual emission. Organic growth through protocol-level referrals. No pre-mine. No ICO. No foundation. Just immutable rules and a network that grows with conviction. let's Bring a change Together.

Core Innovation:
• When someone you referred mines a block, you get 5% bonus (protocol-minted)
• Single-hop only (no pyramid schemes)
• Creates network effect without centralized marketing
• Referral code includes node address (bootstraps peer discovery)

Why This Matters:
• Fair distribution (no pre-mine, no ICO, no founder allocation)
• Gradual emission (0.1 → 1.0 KOT over 6 months)
• Immutable rules (core consensus locked forever)
• Network grows itself (no foundation, no company)



Key Features

No Pre-mine - I mined block zero under the same rules as you
Fair Emission - Starts at 0.1 KOT, gradually increases to 1.0
Protocol Referrals - 5% bonus for network growth (single-hop only)
Immutable Rules - Core consensus cannot be changed
Memory-Hard Mining - PONC algorithm (CPUs competitive)
Quantum-Resistant - Dilithium3 signatures (NIST standard)
No Foundation - Code runs itself, no centralized control



PONC Consensus

Proof of Network Confidence - Memory-hard proof-of-work algorithm.

How it works:
• 2 MB scratchpad (65,536 chunks)
• 512 rounds of SHA3-256 per nonce
• Memory-bound (not compute-bound)

Why this matters:
• CPUs: ~1-5 H/s
• GPUs: ~50-150 H/s (only 30-50x faster)
• ASICs: Would cost more to build than they'd earn

Your laptop can compete. No million-dollar mining farms needed.

Result: Decentralized mining + fair distribution.



Emission Schedule

Phase 1 (Months 0-6):
Reward: 0.1 → 1.0 KOT (gradual increase)
Total: ~144,540 KOT

Phase 2 (Months 6-12):
Reward: 1.0 KOT (constant)
Total: 262,800 KOT

Phase 3 (Year 2+):
Reward: Logarithmic decay
Max Supply: ~13M KOT (asymptotic)

Current Reward: 0.10000342 KOT per block



Immutable Rules

Cannot Be Changed:
• Emission schedule
• Referral structure (5%, single-hop)
• Block time (60 seconds)
• PONC algorithm
• No pre-mine rule

Can Be Fixed:
• Minor bugs (through governance)
• Block size (50-500 KB range)
• Operational parameters

The network can handle this. Core rules are locked. No centralized greed can corrupt the distribution.



Quick Start

1. Download

macOS Apple Silicon
macOS Intel
Linux x86_64
Windows x86_64

2. Verify Checksums

Code:
8a307ed4965bbf56a46c32550fe33012cd89dfd10e07d77c682cd16a7fa8811f  macos-apple-silicon
c1b9d1ddd976d3b10bc05736020cff0c9573d8d5c99b1ca93230da30ebc344b4  macos-intel
8cbff2da68d1060a9a6c2416c20230b7ad605703a8e7a07da9d602acdcfd7850  linux-x86_64
abf16270540395b5aaa832543daa63a5f6e2273024bd631f50eff233d75827b4  windows-x86_64

3. Run

Code:
tar -xzf knotcoin-v1.0.0-[platform].tar.gz
cd knotcoin-v1.0.0-[platform]
chmod +x knotcoind knotcoin-cli  # macOS/Linux
./knotcoind

4. Create Wallet & Mine

Code:
cd explorer
python3 -m http.server 8080
# Visit: http://localhost:8080
# Click WALLET → GENERATE → MINER → START MINING



Technical Specs

Consensus: PONC (Proof of Network Confidence)
Hashing: SHA3-256
Signatures: Dilithium3 (NIST FIPS 204)
Block Time: 60 seconds
Block Size: 50 KB target, 500 KB max
P2P Port: 9000
RPC Port: 9001 (localhost only)



No Social Media, No Website

Why?
• Social media creates centralization
• Websites can be seized
• Foundations become gatekeepers
• Code is the truth

What we have:
• GitHub (code + releases)
• Bitcointalk (discussion)
• Built-in explorer (runs locally)
• P2P network (no central server)

No Discord. No Telegram. No Twitter. Just code.



Links

GitHub: https://github.com/Ponknot/Knotcoin
Releases: https://github.com/Ponknot/Knotcoin/releases
Whitepaper: Included in explorer/whitepaper.html
Source Code: MIT License, build it yourself



Genesis Block

Hash: 70b8ea8f5bf55ae74462a11ce347ab3e9f3f9a8d6d4a12e51ba6845e3ad1018e
Timestamp: 2026-02-25 13:02:07 UTC
Reward: 0.1 KOT



Why Knotcoin?

Every cryptocurrency claims to be "fair." Most lie.

Bitcoin: First 4 years minted 50% of supply. Early miners got rich.
Ethereum: Pre-mine gave founders millions. Then changed to PoS.
Most altcoins: ICOs, pre-mines, founder allocations.

Knotcoin is different:
• No pre-mine (I mined block zero like everyone else)
• No ICO (no tokens sold)
• No foundation (no company controls it)
• Immutable emission (supply schedule locked forever)
• Network effect (referrals create organic growth)

Fair distribution. Immutable rules. No centralized greed.

The network runs itself.With me or without me. ( Contribution Will Be Appreciated During Early Days )



Built to outlast its creator.




Ponknot (OP)
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February 25, 2026, 04:20:29 PM
Last edit: February 25, 2026, 04:52:36 PM by Ponknot
 #2

"Network is live, but we need seed nodes to bootstrap peer discovery.

Looking for volunteers to run public seed nodes. Requirements:
- Static IP or domain
- Port 9000 open
- 24/7 uptime preferred

If you can help, reply with your node address (IP:9000 or domain:9000).
I'll add the first 3-5 seed nodes to the code and push an update.

This keeps the network decentralized from day one. No single point of failure."
Sergick2023
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February 25, 2026, 06:14:53 PM
 #3

How start mining on Windows?

PS D:\Mining\Knotcoin\windows-x86_64> ./knotcoin-cli.exe generatetoaddress 10 KOT1MBVBKBHLPAS57HMRVIT2IVRJBFQH6RIUJQ66ZJ37USP4VMWOLHLQLHMTU5Y
Unauthorized
yoshikiazuma
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February 25, 2026, 06:22:57 PM
Last edit: February 25, 2026, 07:47:53 PM by yoshikiazuma
 #4

"Network is live, but we need seed nodes to bootstrap peer discovery.

Looking for volunteers to run public seed nodes. Requirements:
- Static IP or domain
- Port 9000 open
- 24/7 uptime preferred

If you can help, reply with your node address (IP:9000 or domain:9000).
I'll add the first 3-5 seed nodes to the code and push an update.

This keeps the network decentralized from day one. No single point of failure."


will i be able to run as a "seed node" with my full node wallet daemon software? im not as technical but know a few things of the basics as a full node miner, i know that you need the ip plus the port, i understand that part

*update:

oh i just read somewhere, it says someone needs a static ip and a domain name, so basically i can't act as a seed node i suppose

*update:
i can't wait to get started and run my full node mining (:
mihaia333
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February 25, 2026, 07:27:20 PM
 #5

there is no seed? bootstrap ?
yoshikiazuma
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February 25, 2026, 09:17:06 PM
 #6

"Network is live, but we need seed nodes to bootstrap peer discovery.

Looking for volunteers to run public seed nodes. Requirements:
- Static IP or domain
- Port 9000 open
- 24/7 uptime preferred

If you can help, reply with your node address (IP:9000 or domain:9000).
I'll add the first 3-5 seed nodes to the code and push an update.

This keeps the network decentralized from day one. No single point of failure."


will this do for my full node:

37.19.221.236
Ponknot (OP)
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Today at 03:55:51 AM
 #7

"I Need help getting the network bootstrapped. Looking for 2-3 volunteers to run seed nodes.

Requirements:
- Static IP or domain
- Port 9000 open
- 24/7 uptime preferred

I'll add your IPs to v1.01 release. First volunteers get recognition as founding seed node operators.

Reply with 'YourIP:9000' if you can help." ---- just wanna see who volunteers this fair launch initiative  Smiley
Ponknot (OP)
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Today at 04:15:05 AM
 #8

How start mining on Windows?

PS D:\Mining\Knotcoin\windows-x86_64> ./knotcoin-cli.exe generatetoaddress 10 KOT1MBVBKBHLPAS57HMRVIT2IVRJBFQH6RIUJQ66ZJ37USP4VMWOLHLQLHMTU5Y
Unauthorized
@Sergick2023 - Good catch on trying to mine! However, there's a bootstrap issue right now.

The network is live, but v1.0.0 doesn't have hardcoded seed nodes yet. This means:
- Your node can't connect to other nodes
- You can't sync the blockchain
- Mining won't work until you're synced

I am working on v1.01 with seed nodes included. In the meantime:

Option 1: Wait for v1.01 (coming soon with seed nodes)
Option 2: If you have a static IP and can run 24/7, volunteer as a seed node (see my post above)

Sorry for the inconvenience - this is the chicken-and-egg problem of launching a new network. Once we have 2-3 seed nodes, everyone will be able to connect and mine.I just want this project to be owned by the people.

I'll post an update when v1.01 is ready!
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