[ANN][BMR] Bitmonero - a new coin based on CryptoNote technology - LAUNCHED

[David Latapie]

There is a lot of issues with GUI to talk about. I propose to meet in Irc at 20GMT today. Is this time good?

I have some budget we can spend to motivate GUI developers:
1.000.000 BCN and 400 BMR.

Anybody can contribute some coins also for this purpose.

I might be busy by that time. I have a developper potentially interested.

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[djm34]

How long does it take to mine a block with a i7 3770 ?
(just to know if it is doable...)

[David Latapie]

I just contacted http://cpucoinlist.com/ and sent this message:

Bytecoin (80% mined already, was confidential) and Bitmonero (launched yesterday, essentially a fairer bytecoin)
Both are CPU-only, thanks to the cryptonight algorithm
"CryptoNote brings the equality with an egalitarian proof-of-work pricing function, which is perfectly suitable for ordinary PCs. It utilizes built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices or fast memory-on-chip devices with low latency."

[btc-mike]

I just contacted http://cpucoinlist.com/ and sent this message:

Bytecoin (80% mined already, was confidential) and Bitmonero (launched yesterday, essentially a fairer bytecoin)
Both are CPU-only, thanks to the cryptonight algorithm
"CryptoNote brings the equality with an egalitarian proof-of-work pricing function, which is perfectly suitable for ordinary PCs. It utilizes built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices or fast memory-on-chip devices with low latency."

I will add bitmonero and the cryptonote info to the site.

I'm not going to add bytecoin unless it is added to a major exchange. Any coin needs to be on a major exchange within 60 days. That is one of the guidelines used to keep dead coins off the list.

[eizh]

How long does it take to mine a block with a i7 3770 ?
(just to know if it is doable...)

It's solo mineable with that and perhaps just about anything except the worst mobile CPU. And in fact that's the only option right now so you might as well. Hopefully we'll have a pool within a month but the only ones who have an implementation currently is those MinerGate insiders.

[djm34]

How long does it take to mine a block with a i7 3770 ?
(just to know if it is doable...)

It's solo mineable with that and perhaps just about anything except the worst mobile CPU. And in fact that's the only option right now so you might as well. Hopefully we'll have a pool within a month but the only ones who have an implementation currently is those MinerGate insiders.

my question may sound stupid, but how do you know when you have found a block ?
I got right after my message a blue message in the bitmonerod.exe screen but when I check the balance It is still 0

[eizh]

How long does it take to mine a block with a i7 3770 ?
(just to know if it is doable...)

It's solo mineable with that and perhaps just about anything except the worst mobile CPU. And in fact that's the only option right now so you might as well. Hopefully we'll have a pool within a month but the only ones who have an implementation currently is those MinerGate insiders.

my question may sound stupid, but how do you know when you have found a block ?
I got right after my message a blue message in the bitmonerod.exe screen but when I check the balance It is still 0

Type refresh in simplewallet.

[tacotime]

so, bitmonero blockchain apparently died (lol) and no one is getting new blocks

trying to figure out what went wrong

[x0rcist]

blockchain stuck?

i'm getting errors like this http://pastebin.com/i1cDvfBs, not moving any blocks in the right direction

[tacotime]

blockchain stuck?

i'm getting errors like this http://pastebin.com/i1cDvfBs, not moving any blocks in the right direction

Yeah -- it looks like a tx entered the network that violates client spend rule, and now it's in everyone's mempools

If you want to keep mining blocks you can probably temporarily disable mempool, but obviously no tx will go through the network

I'm gonna dump the blockchain now and have a look

[eizh]

Well, that was fun while it lasted.

[tacotime]

so here's the scoop

Code:

<tacotime> yeah so from what i can tell
<tacotime> blockchain_storage.cpp and/or the rest of the daemon is calculating the coinbase tx subsidies in different ways
<tacotime> it wasn't an issue before, but two hours ago i tried to spend pretty much everything at one of my coinbase tx and the tx hit the network

trying to figure out what in the fork code broke this right now.

[the_darkness]

Live fast, die young lol

[Xdragon]

so, should we stop mining or what?  i just found a block few hours back

[eizh]

so, should we stop mining or what?   i just found a block few hours back

The current situation is that someone disabled mempool and forked the chain so that the invalid tx doesn't get in the way. But the difficulty hasn't changed much so blocks are being found much more rarely than 1 minute. So you can mine, it's just very slow. A few people are on the freenode channel trying to solve the cause of the problem.

[tacotime]

fix coming soon, it looks like get_block_reward doesn't work as intended.

i will pm thankful_for_today with some c code to disable adaptive block sizing and set blocksize limits to those similar in bitcoin, then we should be back on track with a hardfork i hope.

[thankful_for_today]

fix coming soon, it looks like get_block_reward doesn't work as intended.

i will pm thankful_for_today with some c code to disable adaptive block sizing and set blocksize limits to those similar in bitcoin, then we should be back on track with a hardfork i hope.

Hello!

It's allright
I have a fix and I will deploy it now.
Hardfork is not required. The problem is in mining code not in protocol rules.

10 minutes, please

[tacotime]

fix coming soon, it looks like get_block_reward doesn't work as intended.

i will pm thankful_for_today with some c code to disable adaptive block sizing and set blocksize limits to those similar in bitcoin, then we should be back on track with a hardfork i hope.

Hello!

It's allright
I have a fix and I will deploy it now.
Hardfork is not required. The problem is in mining code not in protocol rules.

10 minutes, please

cool, sounds good

[sussex]

fix coming soon, it looks like get_block_reward doesn't work as intended.

i will pm thankful_for_today with some c code to disable adaptive block sizing and set blocksize limits to those similar in bitcoin, then we should be back on track with a hardfork i hope.

Hello!

It's allright
I have a fix and I will deploy it now.
Hardfork is not required. The problem is in mining code not in protocol rules.

10 minutes, please

I'm seeing a ton of red in bitmonerod - presumably this is the issue displaying itself.

Do I need to re-download the blockchain? Download a new wallet  or bitmonerod? Just leave it mining and it will fix itself?

Thanks.

[tacotime]

I'm seeing a ton of red in bitmonerod - presumably this is the issue displaying itself.

Do I need to re-download the blockchain? Download a new wallet  or bitmonerod? Just leave it mining and it will fix itself?

Thanks.

It's a soft fork so prior blocks should be OK, just need to recompile