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Author Topic: [MCN] MonetaVerde CryptoNote based. Merged mining with BCN/FCN/QCN/XMR  (Read 34252 times)
cryptomidnight
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June 19, 2014, 09:05:53 AM
 #1


MonetaVerde (MCN) | http://monetaverde.org/

Moneta Verde (it) means "green coin":
this coin uses already existing mining resources (MM)
and it's supply is regulated by mining community.




Launched June 17, 2014

Vote for MonetaVerde! https://hitbtc.com/vote



Specifications:

- block target - 60 seconds
- block_reward = log2(difficulty) * 240 [1]
- difficulty retarget every block
- CryptoNight PoW
- merged mining with Bytecoin, QuazarCoin, Monero or any other CryptoNight-based coin [2]
- total supply: infinite

[1] - Moneta Verde is the first cryptocoin with blockreward increasing together with difficulty.
Block reward formula is a fixed point implementation of log2(difficulty). This means that block reward increases much slower than difficulty: for 1 coin to be added to block reward a difficulty must be increased twice. This rate looks to be reasonable.

The goal is decline in deflation. The less the deflation the more it is profitable to save up some MCN. Deflation ruins the usage of cryptocurrency as a legal tender. I suppose the deflation wouldn’t be gone entirely but will decrease significantly.
And the infinite emission is the outcome of a positive feedback, it is not an end in itself.

[2] - Merged mining works like this: you have two totally separate block chains, they are not related in any way nor does either contain any data from the other. When you mine you generate hashes that may be the solution to the current block, this is very very improbable per hash, its like a lottery where everyone generates tickets until someone finds the winning one.

Normally you make tickets and check them against the BCN/QCN/XMR or other CN coin block chain to see if they are the solution. With merged mining you create a ticket and check it against both the any CN-based coin block chain and the MonetaVerde block chain,  CN based coin and MCN know nothing about each other, they are two totally different lotteries with different winning numbers, you just sent a copy of your ticket to both. Since you are sending the same ticket to two lotteries you increase your chances of winning one or the other.

Coins remain totally separate, you simply run both the MonetaVerde and oter CN coin clients on the same machine and submit hashes to both networks. If your hash is the solution to the Monetaverde block you get monetaverdes if you hash is the solution to the other coin block you get both coins. It's exactly like if you where mining on just one network, except you submit the same work twice.


Downloads:

Win32
Win64
Linux
Mac
Source

Pools:

https://minergate.com/pool-stats/mcn
http://mcn.extremepool.org

Block Explorer:

http://chainradar.com/mcn/blocks
https://minergate.com/blockchain/mcn/blocks

Exchanges:

MCN's exchange: https://bitcointalk.org/index.php?topic=658096.0
Poloniex: https://www.poloniex.com/exchange/btc_mcn
Alt2Bit: https://www.alt2bit.com/
Vote for MonetaVerde! https://hitbtc.com/vote

Services:

Exchange rate Moneta Verde (MCN) / Bitcoin
Conversion tool

Social:

Website: http://monetaverde.org/
Twitter: https://twitter.com/MonetaVerde
Reddit: http://www.reddit.com/r/MonetaVerde
Cryptocointalk: https://cryptocointalk.com/topic/12455-moneta-verde-mcn-information/
Announcement: https://bitcointalk.org/index.php?topic=653141.msg7326759#msg7326759

Translations:

Spanish
Serbian

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June 19, 2014, 09:18:42 AM
 #2

Is minerc optimized enough or it is a waste for mining XMR, BCN etc?
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June 19, 2014, 09:22:13 AM
 #3





ICO DATE HAS CHANGED! PLEASE CHECK OUT THIS LINK FOR MORE INFORMATION!




_______________________________________________________________________
WHAT IS AVENTUS?

Aventus is a fair, secure, and transparent blockchain-based event ticketing solution that practically eliminates fraud and unregulated touting.

The main objective of Aventus is to de-silo the event ticketing industry in a decentralised manner, allowing ticketing applications and promoters to automatically sell tickets for other events and gain commissions for doing so. This enables event organisers to reach a wider audience.

IMAGINE IF NEXT TO A SONG PLAYING ON SPOTIFY YOU COULD BUY TICKETS TO THE ARTISTӓ NEXT SHOW? AVENTUS MAKES THAT HAPPEN!

_______________________________________________________________________






_______________________________________________________________________
_______________________________________________________________________
CROWDSALE INFORMATION

TOKEN SALE STARTS 31 AUGUST

Runs for 5 days
Minimum cap: $6 million, target: $15 million

Constant price throughout of 92 AVT per ETH
*Prices subject to change. Check blog or Slack for udpates

Total supply: 10,000,000 AVT. 60% (6,000,000 AVT) sold in crowd sale

ADD ALL INFO REGARDING PRE INVESTING HERE






_______________________________________________________________________
THE PROBLEM

If you did not get the chance, please check out our first blog post Ԕhe Event Ticketing Industry is Broken and in Need of DisruptionԬ where we explain how we see the event ticketing industry, why its broken, and how we can change it. In a nutshell, Aventus aims to solve the following 3 problems:
1. The resale of bulk bought tickets at inflated prices on secondary markets.
Secondary ticket markets are controversial because they enable touts to buy up tickets from primary markets quickly and re-sell them on average 49% above face value with margins often exceeding 1000% [1], prohibiting price-sensitive fans from attending an event. Adele and other major artists have protested, banning the resale of their tickets after prices have appeared at up to ?9000 on Stubhub [2]. Additionally, in the U.K. it is illegal for football tickets to be resold without the clubӳ permission [3]. However, such attempts at regulation have been futile, since ticket black markets continue to form anyway [4].
2. Counterfeit tickets.
The U.K. Metropolitan Policeӳ 2 year study of ticket fraud associated with the London 2012 Olympic games elucidated that organised crime networks were able to generate over ?40m per year through the creation of counterfeit tickets [5]. Furthermore, an investigation by the Telegraph showed that Brits wasted over ?5m on counterfeit tickets advertised on social media in 2015 [6].
3. Maximising ticket sales to the eventӳ target audience.
According to Sean Moriarty, CEO of TicketMaster, Ԯearly 35% of ticket inventory goes unsold, and if you ask fans why they didnӴ go to shows, one of the most popular reasons is Ӊ didnӴ know about itҔ [7]. Furthermore, 60% of 16ֲ4 year old concert and festival goers stated that they would go more regularly if tickets were less expensive [7]. This indicates that promoters have difficulty reaching target audiences and that this problem is further aggravated by inflated prices.

_______________________________________________________________________






_______________________________________________________________________
_______________________________________________________________________
THE SOLUTION


Solution Overview
Aventus is a blockchain-based protocol that creates a more fair, secure, and transparent event ticketing industry, practically eliminating counterfeit tickets and unfair touting. Organisers can create, manage and promote their events and associated tickets with dramatically reduced platform costs, and can even control secondary markets.
It solves the aforementioned problems in the following manner:
1. Secondary Market Control
-Tickets have an associated photo with them
-Owners reselling their tickets do not know who they are selling to
2. Blockchain Security
3. Promotion and Platform Cost Reduction
-All events listed on the Aventus protocol will be accessible to any application using it
-Event organisers can reward promoters with a commission on ticket sales they make.







_______________________________________________________________________
WHAT IS AVT?

ԔHE FUEL OF THE AVENTUS ECOSYSTEMԍ
AVT is needed to facilitate a decentralised, autonomous protocol for the event ticketing industry that disintermediates event management systems, ticketing applications, and promoters.
It is needed for stake weighted voting and resolution mechanisms for:
1. Voting on the legitimacy of:
a. Events
b. Applications/promoters
c. Protocol parameters (e.g. vent creation fee, reporting deposit)
2. Facilitating the anonymous matching of buyers and sellers in the secondary market

_______________________________________________________________________












Roadmap

☑   2017 JUL Release Aventus Alpha
☑   2017 JUL Release Aventus Alpha
☑   2017 JUL Release Aventus Alpha
☑   2017 JUL Release Aventus Alpha
☑   2017 JUL Release Aventus Alpha
•   2017 JUL Create Alpha video guide
•   2017 JUL Create Alpha video guide
•   2017 JUL Set parnership with XXXX
•   2017 Q3 DeepOnion Trades at Exchanges
•   2017 Q3 Twitter Campaign Starts
•   2017 Q3 Facebook Campaign Starts

News about the project in https://blog.aventus.io/:

14-06-2017 https://blog.aventus.io/what-would-adeles-finale-tour-have-looked-like-with-aventus-ca3c81ff9aed - Кaк выглядeл бы финaльный тyp Aдeль, ecли бы для пpoдaжи билeтoв нa кoнцepты иcпoльзoвaли Aventus
19-06-2017 https://blog.aventus.io/aventus-a-blockchain-based-event-ticketing-solution-is-pleased-to-announce-details-about-its-9a8168ae3724 (пepeвeдeнo!) - инфopмaция o пpoдaжe тoкeнoв Aventus
19-06-2017 https://blog.aventus.io/aventus-no-more-empty-seats-4b8722013cba - Кaк peшить пpoблeмy пycтыx кpeceл нa кoнцepтax?
30-06-2017 https://blog.aventus.io/aventus-token-sale-bug-bounty-55a5d09bc5d9 - Пpoгpaммa нaгpaд для тex ктo нaйдeт yязвимocти в cмapт кoнтpaктe
03-07-2017 https://blog.aventus.io/shoutout-to-the-sports-teams-putting-their-fans-first-4thefans-bccf55507139 - Cпacибo тeм cпopтивным кoмaндaм, кoтopыe нe зaбывaют o cвoиx бoлeльщикax!
06-07-2017 https://blog.aventus.io/blue-horizon-entertainment-chooses-blockchain-ticketing-platform-aventus-30dadfeac122 Blue Horison aнoнcиpyeт пapтнepcтвo c Aventus
11-07-2017 https://blog.aventus.io/aventus-releases-the-official-ico-participation-guide-c6e572851b7e - инcтpyкция для yчacтия в пyбличнoй пpoдaжe
14-07-2017 https://blog.aventus.io/aventus-alpha-release-on-rinkeby-public-test-net-18d549520c70 - инcтpyкция пo иcпoльзoвaнию Aльфa вepcии.

Aventus in other languages

_____________________________________
?? Indonesian
?? Russian
?? Turkish)
?? Portuguese
?? French
?? Spanish
?? Chinese
?? Polish
?? Japaneese(NOT FIXED)

_____________________________________
?? Greek
?? German
?? Italian
?? Ukrainian
?? Filipino
?? Dutch
?? Vietnamese
?? Romanian


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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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GreekBitcoin
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June 19, 2014, 09:31:09 AM
 #4

2900 blocks already? WAT?

It was announced here:

https://bitcointalk.org/index.php?topic=653141.0
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June 19, 2014, 11:18:09 AM
 #5

i am in

cryptomidnight
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June 19, 2014, 12:48:20 PM
 #6



If you can limit the total supply, MCN may have a future~~~

I’ve attempted to reach positive feedback between demand and emission in MonetaVerde.
As I know this is the first such attempt.
My goal is decline in deflation. The less the deflation the more it is profitable to save up some MCN. Deflation ruins the usage of cryptocurrency as a legal tender. I suppose the deflation wouldn’t be gone entirely but will decrease significantly. And the infinite emission is the outcome of a positive feedback, it is not an end in itself.

cryptomidnight
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June 19, 2014, 01:10:13 PM
 #7


MonetaVerde needs translations! Primarily chinese and European languages



cubydu
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June 19, 2014, 01:53:35 PM
 #8

How can I find current diff  ?

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June 19, 2014, 02:39:28 PM
 #9

maybe need a pool.
Only Minergate.com  can do this..

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June 19, 2014, 03:02:53 PM
 #10

The MonetaVerde's exchange is launched!

https://bitcointalk.org/index.php?topic=658096.new#new

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June 19, 2014, 03:52:24 PM
 #11

The MonetaVerde's exchange is launched!

https://bitcointalk.org/index.php?topic=658096.new#new

Great! Thanks a lot!

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June 19, 2014, 04:27:58 PM
 #12

How can I find current diff  ?

The current difficulty shows in daemon console every time a block is found.

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June 19, 2014, 04:49:39 PM
 #13

Very good coin and nice design!

Is solo mining only way to mine now? There are no pools?

Put it on Poloniex voting page!
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June 19, 2014, 05:17:47 PM
 #14

Thank you darko84!

33zer0w0lf  tried  to make one, it's under construction now. [url=http://mcn.extremepool.org]mcn.extremepool.org
The technology of MCN is much more difficult than Monero or Quazar have. So it's not so simple to make a pool for MCN.
When somebody will make a pool you can be sure that this man has very goof brain. 

Yes, I'm going to add MCN to coinlists and voting pages soon.

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June 19, 2014, 06:44:19 PM
 #15

We need block Explorer!
darko84
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June 19, 2014, 07:15:09 PM
 #16

MonetaVerde needs translations! Primarily chinese and European languages


Serbian translation (European language)!  Smiley

https://bitcointalk.org/index.php?topic=51450.msg7403467#msg7403467
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June 19, 2014, 08:06:22 PM
 #17

It would be nice to see this coin on MiinerGate!
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June 19, 2014, 09:41:35 PM
 #18



1) Download MonetaVerde and BCN/MRO/QCN binaries.


5) One more command line is needed. Navigate to MonetaVerde 's folder and launch minerc.exe using the next command:

Code:
minerc --node1=127.0.0.1:8081 --node2=127.0.0.1:24081 --wallet1=%your BCN/MRO/QCN address% --wallet2=%your MCN address%


1. Where to get BNC, XMR and QCN binaries? In their official threads?

2. in command line i wil have to put my wallet address of XMR, QCN and BNC also?


I dont have ideas what i am doing, but i love to learn Tongue


.BitDice.               ▄▄███▄▄
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[/]
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June 20, 2014, 11:15:15 AM
 #19

"MonetaVerde is the first coin with the block reward increasing with difficulty growth"

lol.... way to completely miss the entire economic theory behind mining reward vs difficulty adjustment.
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June 20, 2014, 11:25:52 AM
 #20

We need block Explorer!

Agree. I'm working on it.

And any help would be useful!

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