[ANN] Memcoin A Peer-to-Peer Currency

[d3bian]

close the node and stop mining?

[BitokHolder]

Waiting for reset !

[RouteToCoast]

Mining farms appeared too early for our small community to handle. In the foreseeable future, we lack the means to stop them from seizing all rewards. Consequently, the whitepaper has become an illusion—the project has devolved into just a dump coin, where latecomers are forced to enrich early hoarders. We cannot be accomplices to such a cruel reality. Therefore, we have decided to shut down immediately to prevent these farms from extracting any more value. Standing against the monopoly of large-scale mining farms is exactly why we developed this coin. We will continue to design and optimize our algorithms to eventually realize this vision.

[devhazard]

Mining farms appeared too early for our small community to handle. In the foreseeable future, we lack the means to stop them from seizing all rewards. Consequently, the whitepaper has become an illusion—the project has devolved into just a dump coin, where latecomers are forced to enrich early hoarders. We cannot be accomplices to such a cruel reality. Therefore, we have decided to shut down immediately to prevent these farms from extracting any more value. Standing against the monopoly of large-scale mining farms is exactly why we developed this coin. We will continue to design and optimize our algorithms to eventually realize this vision.

Great move! Waiting for updates.
The idea reminds me old Pi system,
with better security and stronger algorithms that will work for sure.
You need to aim the focus on 1 worker per wallet

[RouteToCoast]

Update: PoW Algorithm and Whitepaper Redesign Completed

The PoW algorithm has been redesigned and the whitepaper fully updated. The mining pool design has been completed. This is a new ledger, and all previous data has been reset. The updated algorithm ensures fairness in the mining process. The announcement has been updated.

Windows Quick Start

One-click node setup (optional, does steps 1–3 automatically)
If you don't want to run the commands manually, download and double-click this script — it downloads the node, writes the config, and starts memcoind for you, then waits for initial sync to finish:

memcoin_node_setup.bat

How to use it:
1. Download memcoin_node_setup.bat from the link above.
2. Double-click it — a terminal window opens and automatically downloads/extracts the node, writes %APPDATA%\Memcoin\memcoin.conf, and starts memcoind in a new window.
3. Wait until it prints "Node setup complete" (usually within 10 minutes for initial sync).
4. Continue from step 4 (Wallet) below.

The script uses the default rpcuser/rpcpassword shown in step 2 below. If you want to run manually instead, or need custom RPC credentials, just follow steps 1–3 as written.

1. Download the node

1. Download the node

Download this in your browser and extract it:

memcoin-v1.0.0-win64.zip

Right-click inside the extracted folder → Open in Terminal (or PowerShell), then run the next step.

2. Create the config file — do this BEFORE starting the node

Copy the entire block below as one piece and paste it into the terminal, then press Enter:

Code:

mkdir $env:APPDATA\Memcoin -Force
@"
rpcuser=memcoin
rpcpassword=memcoinrpc
listen=1
mempoolminvalue=100000
addnode=8.229.76.9:9333
addnode=34.133.1.193:9333
"@ | Out-File -Encoding ascii $env:APPDATA\Memcoin\memcoin.conf

3. Start the node

Only after the config file above exists, run:

Code:

.\memcoind

This runs in the foreground and fills the window with logs — leave it running, open a new terminal window for every step after this, and let initial sync finish (usually within 10 minutes) before continuing.

4. Wallet

Open this link in your browser, then save the page (Ctrl+S, keep the .html extension):

memcoin_interface.html

Then open the saved .html file (double-click it). This is a local wallet interface where you can create/open a wallet and get an address.

If you changed rpcuser/rpcpassword in memcoin.conf from the defaults above, edit those same two values inside memcoin_interface.html so they match — otherwise the wallet page won't be able to talk to your node.

Copy your wallet address (starts with M).

5. Mine

Download this in your browser and extract it:

memcoin-miner-v1.0.0-win64.zip

Right-click inside the extracted miner folder → Open in Terminal, then run:

Code:

.\memcoin_miner_windows -a <your_address> -t 1

Paste your wallet address (it already starts with M) in place of <your_address>

[BoozyTalking]

How to make it syncing, my node stuck at block 112.

[RouteToCoast]

How to make it syncing, my node stuck at block 112.

This is just part of the sync process. Nodes have to verify some block headers before being up to date, it usually finishes within a few minutes.

[BoozyTalking]

Nothing is working, i try to reset blockchain data - same result, looks like you need to fix it.

Code:

2026-07-09T06:28:19Z Synchronizing headers, height: 16000, progress: 90.5%
2026-07-09T06:28:19Z UpdateTip: new best=5f1920404faedd6b7c1aa589d3a96fc23ce444f402d8c1930ce635dd6d16e7f8 height=97 log2_work=13.604322 tx=98 date='2026-06-11T04:07:48Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=753756ff0109f15e39fe5349315aed6f7b155d47dad4fcfd121f8f0df5e35492 height=98 log2_work=13.618959 tx=99 date='2026-06-11T04:09:50Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=7aad835b132bf5e21b5ae82070b063467186955f782c2d2b93440b53524a6dcf height=99 log2_work=13.633449 tx=100 date='2026-06-11T04:10:37Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=53fb75c4adf37c0137b1394e2e23a0c1d0dd20beb2670f26d3d2f2a7d03be4da height=100 log2_work=13.647796 tx=101 date='2026-06-11T04:13:22Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=e273848029c5c2d5198450d6eb1e692b9e105ef5090f7e984ec5189af6bd9452 height=101 log2_work=13.662001 tx=102 date='2026-06-11T04:14:26Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=d74938221e26113898498fef3c4873147354344220a405d3d98a13c23d9dc0a2 height=102 log2_work=13.676067 tx=103 date='2026-06-11T04:15:33Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=a037f7c563fd3c17169d5710ce44a23e92c92a6622276f3ee78eb4802baf3e94 height=103 log2_work=13.689998 tx=104 date='2026-06-11T04:16:02Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=97abb3999c5c5b3772c6f37c165e41ff774cd1dd5ca158d54e36d5289a2e7ced height=104 log2_work=13.703795 tx=105 date='2026-06-11T04:17:18Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=6b4656e4d3604444c8aa7b3d0c56c1db309ffa1d6ac2cdebf2432299aa21b28d height=105 log2_work=13.717462 tx=106 date='2026-06-11T04:19:09Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=fb736f91b7b1055c49b32df4420b546c54f092a64b35d4257984ec98edf0fd56 height=106 log2_work=13.731001 tx=107 date='2026-06-11T04:20:58Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:19Z UpdateTip: new best=d0915536633d194a9a41b2c5cd1e108541a671f7169cafc24510279d2d5b068a height=107 log2_work=13.744413 tx=108 date='2026-06-11T04:22:16Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:20Z UpdateTip: new best=8ef0637fb2b308125526571f1170273980cf09fb1eb1ca2e2fdee1b01923a650 height=108 log2_work=13.757703 tx=109 date='2026-06-11T04:23:39Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:20Z UpdateTip: new best=97d2502c7bff4b40795a7343805d2a22a995969ff09627a3fbb6e671b7081109 height=109 log2_work=13.77087 tx=110 date='2026-06-11T04:25:22Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:20Z UpdateTip: new best=99ad0c027da5291fddcba6622c6e19bb0cd76e59b6505e3d316e7207d07d8dc6 height=110 log2_work=13.783919 tx=111 date='2026-06-11T04:28:52Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:20Z UpdateTip: new best=b2ef4355cc46a95752eb16f8b36b365d35bb1a8503d886182cf404d9f5ea33fd height=111 log2_work=13.796851 tx=112 date='2026-06-11T04:29:31Z' progress=1.000000 cache=0.0MiB(1txo)
2026-07-09T06:28:20Z UpdateTip: new best=537072f94b9f8a1f06add6c27375396e1f667ed3aec6844e8c59b2338b98f325 height=112 log2_work=13.809668 tx=113 date='2026-06-11T04:30:10Z' progress=1.000000 cache=0.0MiB(1txo)

It always stuck here.

Maybe i have not enough RAM for it, how much RAM it needed for work?

[RouteToCoast]

If this content appears in the log:

Code:

height=112 log2_work=13.809668 tx=113 date='2026-06-11T04:30:10Z' progress=1.000000 cache=0.0MiB(1txo)

it means the node has successfully started up for the first time and connected to the network. The node stops producing further log output because it's busy verifying block data received from the network.

If you're on Windows, open Task Manager and check the Performance tab — you should notice memory usage fluctuating. At this stage, the node only opens a single verification thread, which requires 8GB of memory, and it needs to verify 72 block headers. Memory usage will shift around during this process. This is expected — just let it run and don't shut the node down. It's not frozen or stuck. If you close it, simply run it again, verification will resume from where it left off. Once verification finishes, the node will quickly catch up to the latest block, and after that you'll be able to get an address from your wallet and start mining.

[BoozyTalking]

Yes, it is synced now, but it takes about 1,5 hours for me, and about 1.35 hours it just didn't show no more information in console. (Windows, 16GB RAM DDR4 2400).

[RouteToCoast]

If you're running both the node and the miner on a machine with 16GB of RAM, you need to use memcoin_miner_sensitive_windows.exe. This version will quickly release its memory usage whenever the node is verifying a new block.

[RouteToCoast]

Memcoin — new web tools, sample website are live
The Memcoin network can now be browsed in real time through a set of public web tools — just open a link. There's also an early sample of the website to look through.

Network Monitor
Live block height, hashrate, difficulty, and mempool size, plus a feed of recent blocks with any hidden text/music decoded straight out of the block nonce.

Explorer
Look up blocks and transactions, browse the mempool and connected peers, check cold/ice address balances.

Memory Player
Scan blocks and play back the hidden melodies (and text) encoded in their nonces — the "Found Melody" mechanic.

Payment Monitor
Watch TX1 payments arrive in real time.

Where
Two mirrors, same content:
http://34.133.1.193/
http://8.229.76.9/
Both open to a simple menu linking out to the four tools.

Website (sample)
A working mockup, not the official site — feel free to copy, modify, or reuse it however you like.
https://routetocoast.github.io/website