Edgeworth_ (OP)
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June 01, 2014, 11:03:06 AM Last edit: June 06, 2014, 01:52:39 PM by Edgeworth_ |
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<--SPECIFICATIONS
Generation: Proof-of-Work Proof-of-Work Algorithm: SHA-3 "Keccak" Hashing Block Interval: 30 Seconds Difficulty Retarget: Every Block with Flux "Antimatter" Vortex (Details below) Maximum Units: None (Inflationary) Expected Flux in 10 years: 5 Billions Block Subsidy Schedule: See Below Premine: 0% (0.00 FLX) P2P: 7970 RPC: 7971
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<--SUBSIDY SCHEDULE
The Flux Foundation wants to make the launch of flux as fair as possible. We wish to avoid 'instamine' and make sure the early bird doesn't get all the worms. In addition to the small initial subsidy Flux will have modified bitcoin retargets for the first 120 blocks. This will ensure that the difficulty prevents much of a instamine.
Block 0: 0 FLX Block 1 - 5000: Subsidy increases 0.2 every block until it reaches 1000. This period will take ~2 days Block 5000 - 10005000: Subsidy will decrease 0.0001 FLX until it reaches zero. Block 10005000 - 11005000: Subsidy will increase 100 sparks (0.000001 FLX) every block Block 11005000+: 0.2% Yearly inflation will be maintained.
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<--FLUX "ANTIMATTER" VORTEX
The Flux Antimatter Vortex Algorithm, or just the vortex is a algorithm designed to replace the famed Kimoto Gravity Well. It allows for quick block-by-block difficulty adjustments by taking a weighted average of the past 11 blocks. This ensures that the previous block does not result in a radical difficulty change while enabling over 3x hashrate increases to be mitigated over the course of a few blocks. The vortex is designed to be immune to 'timewarp' attacks.
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<--WALLET FEATURES
The Flux Wallet will have inbuilt mining support, a statistics page, and a block explorer. Code courtesy of FoxCoin.
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<--FLUX STATEMENT OF PURPOSE
We have decided to create flux because we believe in cryptocurrency as a form of money. Flux is designed to be fair from the get-go with early adopters not amassing a huge amount of Flux. This helps mitigate the 'flash in the pan' syndrome of many 'altcoins' - where as soon as it gets on the market there is a huge sell-off and the currency is left with no value. The goal of any currency launch is to get as many different people units of the currency as possible. Flux is designed to allow this to happen by giving ample time for people to participate and begin mining. The block subsidy will decrease in such away that it allows plenty of time for Flux to be come known to the public before the subsidy even so much as halves.
Flux utilizes SHA-3 "Keccak" hashing as it currently has no Aplication-Specific Dedicated mining equipment developed for it but has full miner support across all major platforms for both CPU and GPU. In combination with the Flux Vortex, we believe this will be an ample combination to keep the generation of flux both decentralized and consistent.
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<--WHY INFLATIONARY?
We believe that the small amount of inflation provided by Flux (0.2%) Will be healthy for it as a medium for exchange. This inflation will help keep the value stable and will prevent a 'deflationary spiral' without causing large inflation resulting in the opposite. The increased subsidy will also provide a more worthwhile incentive to mine Flux and secure the network in higher difficulties.
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<--FLUX INFRASTRUCTUREDecentralized P2Pools: Flux supports decentralization, help by mining in a Decentralized P2Pool.
Decentralized P2Pools: Centralized Mining Pools: Standard Mining Pools.
Mining Pools: Nodes: Full Flux Nodes.
Nodes:
54.186.99.245 Community Links: Take part in the Flux community.
Links: Reddit - Fluxd Follow us on TwitterFlux IRC channels: #flux-talk #flux-dev #flux-ann #flux-purgatory
Join us via webchat.freenode.net or a IRC client of your choice Channels on freenode.net -------------------------------------------------------------------------------------------------- <--DOWNLOADS <--EXCHANGESBTC MarketsAllCoin.com -------------------------------------------------------------------------------------------------- <--MINERS-------------------------------------------------------------------------------------------------- <--DONATE
Because the Flux Foundation is not supported by a premine of any kind we'd appreciate donations of any size to help us support the development and support of Flux.
Bitcoin: 1FLUXxx7TLAjbJCBXTKkC3UiMw8R2tpqKj Flux: FCqZSXmduoZXKEiTgUb3VZTPqVnQ6i1DNB --------------------------------------------------------------------------------------------------
MANDATORY UPDATE. FORK AT BLOCK 22,000
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getmining.info
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June 01, 2014, 11:03:30 AM |
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At last! Let's hope after all this wait it'll be worth it No premine, No IPO and SHA-3 - Be interesting to see how AMV works.
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All views are my own, except those that I have subconsciously inherited from my parents and those that I have nicked from far cleverer people.
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djm34
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Activity: 1400
Merit: 1050
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June 01, 2014, 11:05:50 AM |
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launch date today?
16-03-2017 at 6pm UTC (wild guess)
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djm34 facebook pageBTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
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shivamchawla
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June 01, 2014, 11:07:54 AM |
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launch date today?
16-03-2017 at 6pm UTC (wild guess) Damn...looks like i have to wait :p
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Edgeworth_ (OP)
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Activity: 25
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June 01, 2014, 11:10:47 AM |
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launch date today?
16-03-2017 at 6pm UTC (wild guess) Damn...looks like i have to wait :p Launch is today, keep an eye on progress here. Date is official unlike the previous bumps.
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CryptoLTD
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June 01, 2014, 11:12:47 AM |
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I hate to ask this here, but is there another keccak coin I can test my miner on in the meantime? ( sorry dev, just havent mined sha-3 on AMD yet :S )
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getmining.info
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June 01, 2014, 11:18:40 AM |
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I hate to ask this here, but is there another keccak coin I can test my miner on in the meantime? ( sorry dev, just havent mined sha-3 on AMD yet :S )
Search the forum for keccak or SHA-3 There are several
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All views are my own, except those that I have subconsciously inherited from my parents and those that I have nicked from far cleverer people.
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PoolMingo
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June 01, 2014, 11:36:33 AM |
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AUTOMATED PAYMENTS ONLINE SUPPORT 24/7 monitoring Stratum 0% FEE DDOS protection PPLNS VARDIFF Powerfull server WWW.MINGOPOOL.COM DARKCOIN - FLUXCOIN - BITSLAP - VERTCOINChoose one of the 3 ports and start mining URL (difficulty 8 ): stratum+tcp://kivan.no-ip.org:9051 URL (difficulty 32): stratum+tcp://kivan.no-ip.org:9052 URL (difficulty 256): stratum+tcp://kivan.no-ip.org:9053 Username: your wallet address Password: anything CHAT CHANNEL #MINGOPOOL AT FREENODE Thank you new miners for trust us, we can assure it will be worth Payments: 1% fee for the server cost. Note: Round Earnings are not credited until 120 confirm
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CryptoLTD
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June 01, 2014, 11:39:23 AM |
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I need a 280X config file example ( not .bat ), anything I find dosent work on another sha-3 coin , I just keep getting rejects share is above target
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auy
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June 01, 2014, 11:48:33 AM |
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hi man You can launch a month?
How has been launched?
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CryptoLTD
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June 01, 2014, 11:48:37 AM |
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Im trying different miners now, still same deal, Ide love to mine this, but I think ima need more info to do it , correct miner in the OP mabey? Sample config? Thnx.
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CryptoLTD
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June 01, 2014, 12:01:48 PM |
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This is what I keep getting.. no idea what im doing wrong, help would be appreciated
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CryptoLTD
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June 01, 2014, 12:17:03 PM |
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I hate to ask this here, but is there another keccak coin I can test my miner on in the meantime? ( sorry dev, just havent mined sha-3 on AMD yet :S )
Search the forum for keccak or SHA-3 There are several https://meth.hardcoreminers.com If you look at the getting started page you will see some info for this algo! Mining software & settings for your card. 3.7.3 is not available for DL via that github link,on that pools page you refrenced only revisions in the 4's
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CryptoLTD
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June 01, 2014, 12:23:09 PM |
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Ok got 3.7.3 via git, but theres no windows exe's.. and any refrence to windows exe's lead to versions 4.0 & greater, 45 minutes, cant even get a miner.. too much down time.. I'll have to pass on this.Thanks for the help.. Ill try again later If I see updated info in OP/Thread
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Edgeworth_ (OP)
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Activity: 25
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June 01, 2014, 01:26:16 PM |
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Added miners to OP.
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CryptoLTD
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June 01, 2014, 01:35:40 PM |
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Added miners to OP.
Voila!!! THANK YOU THANK YOU THANK YOU! Works great & is getting accepted's on that 'other' coins pool, I'll be ready.. thank you Again & Again
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Amph
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June 01, 2014, 01:38:08 PM |
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i don't like sha-3, it make your rig slow down, irritating lag
better to go with the jackpotcoin algo
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CryptoLTD
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June 01, 2014, 02:43:24 PM |
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Hardcoreminers will be ready!
I try to go to your pool page, and times out completely.
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unsoindovo
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Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
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June 01, 2014, 02:59:13 PM |
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why wallet download are not available??? here https://github.com/Fluxworth/Fluxin "Why stuff isn't here.txt" i can read "We haven't launched yet." ok i agree... not yet launched... so plz upload wallet before launch.
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