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Author Topic: [ANN] Sharecoin [SHC] - Mining that doubles as Verifiable Randomness  (Read 286 times)
lightbit
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July 22, 2026, 08:02:44 AM
 #21

Hey — I run Chainquiry, a searchable crypto project directory, and I’d like to invite your team to submit a free listing.  Smiley

It includes your official links, network, launch date and project information after editorial review:

https://chainquiry.com/list-your-project/


Thank you, I have submitted a request.

Sharecoin (SHC) is now listed on Chainquiry

Sharecoin has been added to the Chainquiry cryptocurrency project directory.

View the Sharecoin profile:
https://chainquiry.com/projects/sharecoin/

If the Sharecoin team or community notices any missing or outdated information, please contact Chainquiry so the profile can be reviewed and updated.

Chainquiry helps users discover, research and verify cryptocurrency projects. A directory listing does not constitute an endorsement.

CHAINQUIRY — Discover, Research & Verify Crypto Projects
Free Project Listings | Official Thread
Cryptomake
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July 22, 2026, 11:14:52 AM
 #22

Getting the following error with kawpowminer:

i 13:04:33 <unknown> Worker xxx.xxx not authorized : code:-32603 message:internal server error
i 13:04:33 <unknown> Disconnected from sharecoin.duckdns.org
Share_Coin (OP)
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July 22, 2026, 11:17:23 AM
 #23

Getting the following error with kawpowminer:

i 13:04:33 <unknown> Worker xxx.xxx not authorized : code:-32603 message:internal server error
i 13:04:33 <unknown> Disconnected from sharecoin.duckdns.org

Can you post me your command line please?
Cryptomake
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July 22, 2026, 11:24:26 AM
 #24

kawpowminer 1.2.4+commit.0707bca0
Build: windows/release/msvc

No OpenCL platforms found
 i 13:18:40 main      Configured pool sharecoin.duckdns.org:10000
 i 13:18:40 <unknown> Selected pool sharecoin.duckdns.org:10000
 i 13:18:40 <unknown> Stratum mode : Stratum
 i 13:18:40 <unknown> Established connection to sharecoin.duckdns.org [86.133.190.141:10000]
 i 13:18:40 <unknown> Spinning up miners...
cu 13:18:40 cuda-0    Using Pci Id : 05:00.0 NVIDIA GeForce RTX 4070 (Compute 8.9) Memory : 11.99 GB
 i 13:18:40 <unknown> Extranonce set to 0020
 i 13:18:40 <unknown> Worker xxx.rig1 not authorized : code:-32603 message:internal server error
 i 13:18:40 <unknown> Disconnected from sharecoin.duckdns.org [86.133.190.141:10000]
 i 13:18:40 <unknown> No connection. Suspend mining ...
 i 13:18:40 <unknown> No more connections to try. Exiting...
 i 13:18:40 <unknown> Shutting down miners...
 i 13:18:40 main      Got interrupt ...
 i 13:18:40 main      Terminated!
Share_Coin (OP)
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July 22, 2026, 11:26:50 AM
Last edit: July 22, 2026, 10:11:37 PM by Welsh
 #25

kawpowminer 1.2.4+commit.0707bca0
Build: windows/release/msvc

No OpenCL platforms found
 i 13:18:40 main      Configured pool sharecoin.duckdns.org:10000
 i 13:18:40 <unknown> Selected pool sharecoin.duckdns.org:10000
 i 13:18:40 <unknown> Stratum mode : Stratum
 i 13:18:40 <unknown> Established connection to sharecoin.duckdns.org [86.133.190.141:10000]
 i 13:18:40 <unknown> Spinning up miners...
cu 13:18:40 cuda-0    Using Pci Id : 05:00.0 NVIDIA GeForce RTX 4070 (Compute 8.9) Memory : 11.99 GB
 i 13:18:40 <unknown> Extranonce set to 0020
 i 13:18:40 <unknown> Worker xxx.rig1 not authorized : code:-32603 message:internal server error
 i 13:18:40 <unknown> Disconnected from sharecoin.duckdns.org [86.133.190.141:10000]
 i 13:18:40 <unknown> No connection. Suspend mining ...
 i 13:18:40 <unknown> No more connections to try. Exiting...
 i 13:18:40 <unknown> Shutting down miners...
 i 13:18:40 main      Got interrupt ...
 i 13:18:40 main      Terminated!

Ok I have checked the node logs, I will apply a fix shortly, it's not a big problem. I will reply here once done.


Edit:   Fix applied, please retry.
I have put up a simple use case demo for the randomness selector.

This is what a raffle site could use to draw a truly random and trustworthy raffle system:

https://sharecoin-pi.tail0b8084.ts.net/raffle/


Moving beyond simple web raffles, a trustless public randomness beacon driven by physical GPU proof-of-work can solve complex, systemic real-world problems. Most digital architectures struggle with coordination when nobody is trusted, and using standard cryptographic functions can result in centralisation or vulnerabilities.

Four elaborate, production-grade applications can be built on top of the Sharecoin infrastructure:

1. ⏳ Time-Locked Cryptographic Vaults (Decentralised Dead-Man's Switches)
Encrypting data so it cannot be decrypted until a specific point in the future usually requires a trusted third party to hold the key. A randomness beacon can act as a decentralized clock that releases keys.
The Architecture: A user encrypts a sensitive payload (such as a legal will, whistleblower data, or emergency backup keys) using an algorithm where the decryption key is mathematically tied to the future outputs of getrandombeacon.
The Sharecoin Twist: Because your beacon uses a Linearly Weighted Moving Average (LWMA) to keep block times steady, the arrival of future blocks acts as an unalterable time anchor. An agent script can be set up to listen to your RPC endpoint and programmatically reconstruct the necessary decryption keys block-by-block, ensuring information is unlocked exactly when intended without human intervention.

2. 🏛️ Public Sortition for Algorithmic Governance & Auditing
Democracy and corporate compliance often suffer from corruption when humans choose who handles audits, jury duty, or regulatory reviews. Sortition uses pure random selection to assign these responsibilities.
The Architecture: Government agencies, DAOs, or corporate compliance departments register lists of qualified inspectors or jurors.
The Sharecoin Twist: When an inspection or judicial assignment is triggered, the selection algorithm pulls from your beacon. Because the GPU mix_hash cannot be predicted even seconds before the block is mined, it is mathematically impossible for an insider to bribe the system or manipulate the seed to ensure a specific auditor reviews a specific case. This provides a transparent, auditable trail for public trust.

3. 🛡️ Immunisation Against Backdoored PRNGs in Security Networks
Many critical enterprise firewalls, IoT meshes, and cryptographic servers rely on internal Pseudo-Random Number Generators (PRNGs). If a manufacturer builds a hidden flaw or backdoor into those generators, an attacker can predict their encryption keys.
The Architecture: An enterprise security gateway runs a background daemon that periodically queries your Sharecoin network data.
The Sharecoin Twist: The gateway feeds your getrandombeacon output directly into its local entropy pool, mixing it with its hardware random number generators. By injecting independent, external randomness from physical GPU mining work, the system eliminates local hardware bias or intentional manufacturer backdoors, protecting the network from prediction attacks.

4. 📊 Un-Riggable Multi-Provider Oracles (DeFi & Supply Chain)
Decentralised finance (DeFi) platforms and smart supply chains rely on "oracles" to bring real-world data (such as currency prices or weather conditions) onto the blockchain. However, if an attacker knows exactly which oracle node will be queried next, they can target it with a DDoS attack or compromise its data feed.
The Architecture: A network utilizes a pool of 500 independent data-providing nodes.
The Sharecoin Twist: For every incoming data request, the network calls your beacon to dynamically shuffle and select a random subset of 5 nodes to provide the data. Because the selection changes with every block and cannot be anticipated, attackers cannot predict which nodes to target, securing the data pipeline against manipulation.
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