Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come

[Videlicet]

I can set up a Pool if someone can point me to the source

Also a miner that supports the cgminer API so I can run it from cgwatcher..??

That's a good suggestion .


I'll work on Implementing that after I finish my current update that makes the miner easier to use for new users.

It takes a lot of the guess work and frustration out for setting up the miner for different AMD card types.

CSD total supply 94.3 %  (data from wallet )
maybe we need pos ? or anonymous  features ?

Supply will level out at around 99.9%. POS is coming in update 1.0.3. The reason it has taken so long to deplete the reserves - is so that it can be the fairest distribution possible for the GPU channel - giving plenty of time for many different miners to enjoy full block rewards.

More features to come,
Viz.

[1715149006]

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[macorcina]

I can set up a Pool if someone can point me to the source

Also a miner that supports the cgminer API so I can run it from cgwatcher..??

That's a good suggestion .


I'll work on Implementing that after I finish my current update that makes the miner easier to use for new users.

It takes a lot of the guess work and frustration out for setting up the miner for different AMD card types.

CSD total supply 94.3 %  (data from wallet )
maybe we need pos ? or anonymous  features ?

Supply will level out at around 99.9%. POS is coming in update 1.0.3. The reason it has taken so long to deplete the reserves - is so that it can be the fairest distribution possible for the GPU channel - giving plenty of time for many different miners to enjoy full block rewards.

More features to come,
Viz.

I wanted to say that miners work ok (cpu and gpu)  , and very soon will not need miners, in next 15 - 20 days is no more coins to mine.  
especially GPU miner, diff is 20 to 37, and someone like me with one  one r9 270x  can no longer find bloks , (bloks is only someone with 4x 280 at diff 20 and more )
I see that it will soon need a pos
correct me if I'm wrong

[Videlicet]

I can set up a Pool if someone can point me to the source

Also a miner that supports the cgminer API so I can run it from cgwatcher..??

That's a good suggestion .


I'll work on Implementing that after I finish my current update that makes the miner easier to use for new users.

It takes a lot of the guess work and frustration out for setting up the miner for different AMD card types.

CSD total supply 94.3 %  (data from wallet )
maybe we need pos ? or anonymous  features ?

Supply will level out at around 99.9%. POS is coming in update 1.0.3. The reason it has taken so long to deplete the reserves - is so that it can be the fairest distribution possible for the GPU channel - giving plenty of time for many different miners to enjoy full block rewards.

More features to come,
Viz.

I wanted to say that miners work ok (cpu and gpu)  , and very soon will not need miners, in next 15 - 20 days is no more coins to mine.  
especially GPU miner, diff is 20 to 37, and someone like me with one  one r9 270x  can no longer find bloks , (bloks is only someone with 4x 280 at diff 20 and more )
I see that it will soon need a pos
correct me if I'm wrong

You will be able to mine forever, the supply being at 95% means that the total circulation is 95% of the time released supply to this current moment, the maximum coins to be produced will not exceed 100 million, and there are only 8.8 million in circulation right now.

I can get a GPU pool up soon so you can still get some CSD
Viz.

[BitSlapper]

I can set up a Pool if someone can point me to the source

Also a miner that supports the cgminer API so I can run it from cgwatcher..??

That's a good suggestion .


I'll work on Implementing that after I finish my current update that makes the miner easier to use for new users.

It takes a lot of the guess work and frustration out for setting up the miner for different AMD card types.

CSD total supply 94.3 %  (data from wallet )
maybe we need pos ? or anonymous  features ?

Supply will level out at around 99.9%. POS is coming in update 1.0.3. The reason it has taken so long to deplete the reserves - is so that it can be the fairest distribution possible for the GPU channel - giving plenty of time for many different miners to enjoy full block rewards.

More features to come,
Viz.

I wanted to say that miners work ok (cpu and gpu)  , and very soon will not need miners, in next 15 - 20 days is no more coins to mine.  
especially GPU miner, diff is 20 to 37, and someone like me with one  one r9 270x  can no longer find bloks , (bloks is only someone with 4x 280 at diff 20 and more )
I see that it will soon need a pos
correct me if I'm wrong

What is your hashrate for the single R9 270x?

I'm finding plenty of blocks on my test rig using 3 x R9 270's and one HD 6970.

I also found 2 Blocks within ~2 hours with a single R9 290.

[macorcina]

When I was mined with 2 x 270x in rig, its 2 to 5 bloks / 24h (diff 7  - to 18 )
Now i have one 270x and diiff is 13 - 35 , and i find max 1 blok /24h ,  sometimes 1 blok/ 3 day.
variable hashrate :
[METERS] 15729.929338 KHash/s | Height = 131322
[METERS] 18396.070175 KHash/s | Height = 131322
[METERS] 17199.840656 KHash/s | Height = 131322
[MASTER] Coinshield Network | New Block 131323
[METERS] 16124.727045 KHash/s | Height = 131323
[METERS] 18484.512821 KHash/s | Height = 131323
[METERS] 17439.751275 KHash/s | Height = 131323
[MASTER] Coinshield Network | New Block 131324
[MASTER] Coinshield Network | New Block 131325
[METERS] 15433.908140 KHash/s | Height = 131325
[METERS] 18363.699011 KHash/s | Height = 131325
[METERS] 17136.192739 KHash/s | Height = 131325
[MASTER] Coinshield Network | New Block 131326
[METERS] 15979.624317 KHash/s | Height = 131326
[METERS] 18324.971265 KHash/s | Height = 131326

[mumus]

When I was mined with 2 x 270x in rig, its 2 to 5 bloks / 24h (diff 7  - to 18 )
Now i have one 270x and diiff is 13 - 35 , and i find max 1 blok /24h ,  sometimes 1 blok/ 3 day.
variable hashrate :
[METERS] 15729.929338 KHash/s | Height = 131322
[METERS] 18396.070175 KHash/s | Height = 131322
[METERS] 17199.840656 KHash/s | Height = 131322
[MASTER] Coinshield Network | New Block 131323
[METERS] 16124.727045 KHash/s | Height = 131323
[METERS] 18484.512821 KHash/s | Height = 131323
[METERS] 17439.751275 KHash/s | Height = 131323
[MASTER] Coinshield Network | New Block 131324
[MASTER] Coinshield Network | New Block 131325
[METERS] 15433.908140 KHash/s | Height = 131325
[METERS] 18363.699011 KHash/s | Height = 131325
[METERS] 17136.192739 KHash/s | Height = 131325
[MASTER] Coinshield Network | New Block 131326
[METERS] 15979.624317 KHash/s | Height = 131326
[METERS] 18324.971265 KHash/s | Height = 131326

I think your hash rate should be higher with a 270x. I've made an observation regarding to miner performance here: https://bitcointalk.org/index.php?topic=657601.msg9991629#msg9991629 . Check it out, it may help.

[crush]

I can set up a Pool if someone can point me to the source

Also a miner that supports the cgminer API so I can run it from cgwatcher..??

That's a good suggestion .


I'll work on Implementing that after I finish my current update that makes the miner easier to use for new users.

It takes a lot of the guess work and frustration out for setting up the miner for different AMD card types.

CSD total supply 94.3 %  (data from wallet )
maybe we need pos ? or anonymous  features ?

Supply will level out at around 99.9%. POS is coming in update 1.0.3. The reason it has taken so long to deplete the reserves - is so that it can be the fairest distribution possible for the GPU channel - giving plenty of time for many different miners to enjoy full block rewards.

More features to come,
Viz.

I wanted to say that miners work ok (cpu and gpu)  , and very soon will not need miners, in next 15 - 20 days is no more coins to mine.  
especially GPU miner, diff is 20 to 37, and someone like me with one  one r9 270x  can no longer find bloks , (bloks is only someone with 4x 280 at diff 20 and more )
I see that it will soon need a pos
correct me if I'm wrong

You will be able to mine forever, the supply being at 95% means that the total circulation is 95% of the time released supply to this current moment, the maximum coins to be produced will not exceed 100 million, and there are only 8.8 million in circulation right now.

I can get a GPU pool up soon so you can still get some CSD
Viz.

So did I get this right that CSD will eventually turn to full POS? If so, when?

[Chabi]

Interesting coin!

[Videlicet]

POS is the third block production channel along with the CPU and GPU.
It will be activating in Core 1.0.3.

Thank You,
Viz.

[atrostophe]

any updates on exchanges so we can trade our coins and help coinshield grow?

[paulthetafy]

any updates on exchanges so we can trade our coins and help coinshield grow?

I'm still looking to buy some if you have any for sale

[atrostophe]

any updates on exchanges so we can trade our coins and help coinshield grow?

I'm still looking to buy some if you have any for sale

im have about 11,000 csd its not an huge amount, what sort of price per coin did you ahve in mind?

[tokyopotato]

also looking to buy some CSD, i had a little bit on coinswap that i traded but it was taken down before i got back in... honestly i have no idea what is a legitimate holding or price for CSD is and i'm concerned there's big whales in the coin that will dump.

need a get a block explorer with a rich list asap

[kondiomir]

Yeah. Agreed. We need some exchange.

[go6ooo1212]

Yeah. Agreed. We need some exchange.

Patience , dear , there wil be exchange when the Dev is ready with the new stuff...

[BitSlapper]

also looking to buy some CSD, i had a little bit on coinswap that i traded but it was taken down before i got back in... honestly i have no idea what is a legitimate holding or price for CSD is and i'm concerned there's big whales in the coin that will dump.

need a get a block explorer with a rich list asap

I have quite a bit CSD, not a whale, but I don't plan on letting any go for a very long time.

I believe in what Viz and KryptoKash are doing. That's why I joined early on to make the AMD SKMiner.

Viz is working tirelessy to create something entirely brand new, not just a new algo. Something no one in this space has done for a long time.

I personally want an exchange again so I can buy more. If some huge whale is looking to dump I'll gladly take the CSD off of your hands. Seriously pm me with any and all reasonable offers.


Exchanges will come in time.

If your unsure about the future price of CSD and don't want to make a huge investment in it then just hold the coins you currently have and trade/mine another coin for a little while.

CSD will still be here when you get back .


This coin actually has an intelligent and dedicated team behind it.

They don't put out any hype or false promises.

The only "pre-mine" that exists is one where a tiny percentage of minted coins goes to an address held by the devs.

The only way the devs could make anything off of the premine is for them to wait for 10 years until a good portion actually exists in the separate address.
 

[Videlicet]

Well said Bitslapper 


On that note, I would like to release Core 1.0.2 which is a mandatory update by 1/22/2015 12:00 GMT - 6.

Ubuntu-1.0.2
Windows-1.0.2

This includes many improvements to the Core, with block Version 3 activating at Unix Timestamp: 1421949600

Some key changes for Block Version 3 Activation:

Difficulty:
+ Difficulty requirement of 1/2 block time after reserves are above 40 minute supply [~1000 CSD].
+ Maximum increase now 7.5% rather than previous 12% for GPU Channel.
+ CPU difficulty multipliers for maximum increase now 10, decrease now 5.
+ Difficulty adjustment now linear change of maximum % increase or decrease. This means that the fraction is not capped at a maximum proprotion, but the proportion is gradually applied based on the times. If the block time is 3x required time, the difficulty can decrease up to 75%, if time is 2x required, it will decrease 37%, ect. If the block time is 5 seconds, and required is 150 seconds maximum increase would be: ( (150 - 5) / 150 ) * Maximum_Increase. This will make difficulty adjustments much smoother.

Rewards:
+ Maximum Block Reward of 3 Minutes Supply decayed at Channel Height [~ 73 CSD] when reserves are above 20 minute supply [~500 CSD]
+ Maximum Block Reward of 2.5 Minutes Supply decayed at Chain Age [~ 60 CSD] when reserves are above 4 minute supply [~100 CSD]
+ Fractional Rewards based on time when reserves below 4 minutes Supply.

Debug:
+ Debug LLP: Now I can remotely monitor your debug data, to ensure all the nodes are synchronized and agreeing. I can then activate latent checks that can report their results to me - ensuring that I can test updates in the background and monitor globally before they become enforced rules.

Thank You,
Viz.

[go6ooo1212]

wow nice work

[MisO69]

Happy to see this moving along. I'm still mining with my desktop CPU and upgraded to latest version. No problems.

[kondiomir]

Well said Bitslapper 


On that note, I would like to release Core 1.0.2 which is a mandatory update by 1/22/2015 12:00 GMT - 6.

Ubuntu-1.0.2
Windows-1.0.2

This includes many improvements to the Core, with block Version 3 activating at Unix Timestamp: 1421949600

Some key changes for Block Version 3 Activation:

Difficulty:
+ Difficulty requirement of 1/2 block time after reserves are above 40 minute supply [~1000 CSD].
+ Maximum increase now 7.5% rather than previous 12% for GPU Channel.
+ CPU difficulty multipliers for maximum increase now 10, decrease now 5.
+ Difficulty adjustment now linear change of maximum % increase or decrease. This means that the fraction is not capped at a maximum proprotion, but the proportion is gradually applied based on the times. If the block time is 3x required time, the difficulty can decrease up to 75%, if time is 2x required, it will decrease 37%, ect. If the block time is 5 seconds, and required is 150 seconds maximum increase would be: ( (150 - 5) / 150 ) * Maximum_Increase. This will make difficulty adjustments much smoother.

Rewards:
+ Maximum Block Reward of 3 Minutes Supply decayed at Channel Height [~ 73 CSD] when reserves are above 20 minute supply [~500 CSD]
+ Maximum Block Reward of 2.5 Minutes Supply decayed at Chain Age [~ 60 CSD] when reserves are above 4 minute supply [~100 CSD]
+ Fractional Rewards based on time when reserves below 4 minutes Supply.

Debug:
+ Debug LLP: Now I can remotely monitor your debug data, to ensure all the nodes are synchronized and agreeing. I can then activate latent checks that can report their results to me - ensuring that I can test updates in the background and monitor globally before they become enforced rules.

Thank You,
Viz.

It is a good idea to have lock-unlock function on some other versions of the wallet