deadley
Legendary
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Activity: 2562
Merit: 1064
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May 25, 2014, 08:51:47 AM |
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saffroncoin (OP)
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May 27, 2014, 05:36:28 AM |
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A Hard Fork will be coming after a few days. Details regarding block and date will be given later.
This Hard Fork will implement : -X11 algorithm -Blake256 algorithm -Digishield difficulty adjustment method -Changes to the block rewards and more super blocks will be included
-----Details and the updated code and wallet will be announced later-----
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jkreddyg
Newbie
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Activity: 59
Merit: 0
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May 27, 2014, 01:31:36 PM |
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Great Idea, Just landed here late, Good to see an Indian Coin with such great innovative dev's. Great job guys, I am mining this and stay around. Good Luck PS: Love the wallet
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saffroncoin (OP)
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May 27, 2014, 03:04:25 PM |
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Great Idea, Just landed here late, Good to see an Indian Coin with such great innovative dev's. Great job guys, I am mining this and stay around. Good Luck PS: Love the wallet Thanks! It means a lot to us! Our next wallet will be even better
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saffroncoin (OP)
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May 30, 2014, 06:11:33 AM |
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This is our update : We will be releasing a wallet to support the hardfork in a few hours. We are currently working on introducing the blake algorithm for merged mining but it is creating some issues. Blake non-merged mining is going well but with merged mining there are possibilities that other algorithms may get affected since the hashing functions are entirely different. The Blakecoin developer is helping us getting it ready for merged mining. If it works successfully, we will include it in this hardfork or else just the non-merged blake will be included.
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saffroncoin (OP)
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May 31, 2014, 09:40:55 PM |
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Mandatory Update : HARD FORK at block 112,999 (Approx. June 6, 2014, 07:30 GMT) Please update your wallets to the latest version 1.2 to be prepared for the HardForkPools, Exchanges, Block Explorers and other clients can update the new code v1.2 from http://github.com/saffroncoin/saffroncoinWallet Client users can download your respective latest versions from http://saffroncoin.com (Classic Wallet - v1.2 or Revolutionary Wallet - v2.1)Features of this HardForkX11 Algorithm added as the 4th Algorithm into the coin. Blake Algorithm added as the 5th Algorithm into the coin. Digishield difficulty adjustment method added. Block Reward has been reduced to 50 coins per block hence also reducing the super block reward to 250.Minimum Block Reward beyond which halving stops is 0.1 SFRBlock Reward halving duration is increased to every 1036800 blocks (approx. 1 year)Due to the addition of 2 more algorithms, the difficulty is now readjusted every 2.5 minutes (30 seconds per algorithm)MAC and Linux wallets will updated in a day.***Info on Blake Mining***At present the Blake algorithm for SFR can be mined solo or in a pool but it can't be merged mined yet. We spent some time on figuring it out to get it merged mined with other blake coins but that would end disturbing the structure of other algorithms in the coin. At present, due to the nature of merged mining, it is not technically possible to have SFR blake algo merge mined without affecting the functioning of other algorithms at present. But in the future we will devise a way to make it possible. We are working with the Developer of Blakecoin to get merged mining possible for SFR. Hopefully we can come to a solution in the future. What would this HardFork mean to SafffronCoin?SaffronCoin would become the first multi algorithm coin to feature X11 and Blake algorithms. SaffronCoin would become the first multi algorithm coin to feature Digishield. SaffronCoin's awesome Revolutionary Wallet will get even more awesome in a future update.
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saffroncoin (OP)
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June 01, 2014, 08:15:46 AM |
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Thanks to charles33200 for getting a MAC wallet ready for the upcoming Hardfork. If you are using a MAC, please update your wallet to v1.2 from http://saffroncoin.com
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saffroncoin (OP)
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June 03, 2014, 09:13:57 PM |
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HardFork V1.2.1 We apologize to alter the original hardfork and ask you all to update your wallets again. There was an inflation problem that had to be checked. We needed to change the specs a bit. The hardfork time will remain the same i.e June 6, 07:30 GMT at block 112,999. These are the new specs that would kick in after the hardfork:
-Block time increased to 90 secs on average across 5 algorithms. -Block reward will remain 72 SFR. -Block reward will halve approx every 18 months (518400 blocks). -960 blocks will be produced per day. (Reduced due to inflation of coins) -X11 algorithm added as 4th algorithm. -Blake256 algorithm added as 5th algorithm. -Digishield difficulty adjustment method added.
Some interesting features also added :
There will be a superblock week after the end of every year for the 1st 5 years where the block reward will be 5 times the block reward at that time. For the 5th year, the superblock week will have a block reward of 7 times the block reward at that time. We again apologize for the inconvenience caused in updating your wallets again. Please do update, otherwise the hardfork will not be successful.
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saffroncoin (OP)
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June 05, 2014, 11:19:47 AM |
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We have thought of a new Tagline for SaffronCoin:
"SaffronCoin - The coin that matters"
Short,simple and to the point!
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saffroncoin (OP)
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June 05, 2014, 01:45:43 PM |
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When the hardfork kicks in tomorrow, to mine using X11 you need to specify algo=x11 in the conf. To mine using blake, you need to specify algo=blake or algo=blake256 in the conf.
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saffroncoin (OP)
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June 06, 2014, 12:40:18 PM |
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Some more nodes that you can add to your conf for faster downloading of BlockChain.
addnode=180.179.50.63:19717 addnode=182.18.175.110:19717 addnode=69.64.43.236:19717 addnode=188.226.177.232:19717 addnode=107.170.194.193:19717
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dashingriddler
Legendary
Offline
Activity: 1258
Merit: 1001
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June 06, 2014, 02:42:22 PM |
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This guy is really working hard. I wish i had more time to support his initiative !
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saffroncoin (OP)
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June 06, 2014, 03:14:47 PM |
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This guy is really working hard. I wish i had more time to support his initiative !
Thanks! Such support itself makes us work harder. I guess you are from Unocoin from your twitter handle. It is a great platform for us to trade BTC in India! I really like the UI and ease in using everything.
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ubercool
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June 07, 2014, 07:48:08 AM |
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Good to see Indian Coin.
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dashingriddler
Legendary
Offline
Activity: 1258
Merit: 1001
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June 07, 2014, 12:06:11 PM |
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This guy is really working hard. I wish i had more time to support his initiative !
Thanks! Such support itself makes us work harder. I guess you are from Unocoin from your twitter handle. It is a great platform for us to trade BTC in India! I really like the UI and ease in using everything. Thank you. I m glad you liked it.
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saffroncoin (OP)
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June 07, 2014, 05:06:02 PM |
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Since there was a problem with the hardfork v1.2.1 regarding wrong difficulty calculation and update has been released now. Please download the new wallet for solving the difficulty problem and activation of X11 and the Blake algoriothms. These algorithms will get activated at block 114,500. With this update, you will be on the old chain till block 114,500. The current block is 114,396.
This is the revolutionary wallet update (v2.2). Only the executable is provided. Please paste it in your folder where the dlls are present. http://saffroncoin.com/saffroncoin-wallet-windows-2.2-exeonly
This is the classic wallet update (v1.3) http://saffroncoin.com/saffroncoin-wallet-windows-1.3
Update your daemons to v1.3 : http://github.com/saffroncoin/saffroncoin
This should solve all the problems.
All pool operators and exchanges , please update.
If you do face any problems, please do say so.
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saffroncoin (OP)
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June 07, 2014, 05:55:09 PM |
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20 Blocks more to mine X11/Blake right from the start! Jump in if you missed the train earlier. #SaffronCoin
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