Sinecoin [SINE] - Sinusoidal Cryptocurrency - MANDATORY UPDATE 0.10.0

[sinecointeam]

https://i.imgur.com/PC8LvMg.png
Sinecoin (SINE)
Sinusoidal Cryptocurrency

Hard fork imminent - Upgrade to 0.10.0

On block 2768 (in ~48 hours) a hard fork will be implemented to fix the difficulty adjustment. Please update to 0.10.0 if you have not. The links in the "Downloads" section are current.

Specifications

Mining algorithm: Scrypt Adaptive-N
Block spacing: 5 minutes
Total coins: ~60 million (59,883,150)
0.8% premine
Block halving: Only the base reward halves, every 3 years
Block reward varies along sine a sine wave (read below)

Sinusoidal Block Rewards

Sinecoin uses a novel approach to the problem of block rewards dropping too low to make mining worthwhile. Block rewards are calculated using a sine function, with an amplitude of 25, a period of 576 blocks (two days), and a base of 100. As a result, even as the base reward halves continually every 3 years, block rewards still vary by a predictable amount. There is always a 24-hour period of below-base rewards, followed by a 24-hour period of above-base rewards.

Here's an image to illustrate:
https://i.imgur.com/LdA9stA.png

Instamine Correction

There have been complications with the difficulty adjustment. They've resulted in many blocks being mined too soon. To make things more fair, we have decided to send 50,000 SINE (10.4% of the premine) to an address that nobody can access. Thank you for bearing with us. The transaction details are below:

Sinecoin Eater Address: SineEater1SineEaterAddressDonEoi8L
Transaction ID: a0aa681f6bccbbe45bd33749a799441c1c3a06104b908bfa42ef9609ea03a8a1

Here is a link to the transaction on the block explorer.

Downloads

Source

Windows

Pools

https://sine.suprnova.cc
Thanks to suprnova for setting up the first SINE pool!

http://sine.pool.mn/

Example sinecoin.conf

rpcuser=rpcusername
rpcpassword=apassword
addnode=190.10.9.226

Block Explorer

http://sine.explorer.ssdpool.com:9030/

Bounties

Block explorer - 5,000 SINE

Exchange - 10,000 SINE

New logo - 2,000 SINE

Additionally, if you do anything to help SINE grow, e.g. mentioning it in an article, please send us a private message with your address so we can thank you properly.


Feel free to tell us what you think by replying to this post.

This is an updated version of a coin that we were unable to launch before. It has numerous improvements that we hope you'll enjoy.

[jorneyflair]

i hate S-N in summer , pass

[atleticofa]

I mined the first one. Fair lunch

23:09:22

{
"blocks" : 2,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 57,
"pooledtx" : 0,
"testnet" : false
}

[Shadow_Runner]

{
"blocks" : 11,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 317,
"pooledtx" : 0,
"testnet" : false
}

[Shkembe]

more nodes, please

[DhaniBoy]

what's the purpose of 0.8% premine ?
give some explanations

[atleticofa]

more nodes, please

89.129.98.2:32714
213.37.105.92:61932
190.10.9.226:32714
91.243.200.124:32714

[ocminer]

Sine Pool for you:


https://sine.suprnova.cc




This is a Suprnova NG Pool, you can use your unified login there and all your pool workers from earlier setups too.

SSO Single-Sign-On on this Pool - You can also use your previously set up workers !
Payouts every 30 seconds
DDoS protected
Suprnova Quality, lots of experience in all kind of hashes - we had the first X13 Stratum and were among the first X11 and NIST5 Pools !
Highly optimized Stratums and MPOS implementations.
Idle Worker Notifications
Two Factor Authentication if wanted
Support 24x7 via IRC,Mail,PM etc.
Only 1 % fee ! (thats 50% lower than most other Pools !)
We have full SSL encryption on all pools ! (https:// instead of http:// !!)

Tested and Approvied Mining Rigs can be rented here: (Scrypt-N) http://www.miningrigrentals.com

[atleticofa]

I would like to know..

Will it be some more features? Like anon? Multisig? Privacy? Chat? I don't know.

What are the future plans for this coin?

Thank you

[vanish9]

http://sine.pool.mn/ is up and running! Hop in!


webchat support
team.pool.mn@gmail.com

[czvezda]

{
    "version" : 90000,
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 712,
    "timeoffset" : -82,
    "connections" : 12,
    "proxy" : "",
    "difficulty" : 0.00228870,
    "testnet" : false,
    "keypoololdest" : 1404423317,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

it looks like the difficulty is not readjusting

[atleticofa]

It's readjusting but I think the target is not 5 minutes..

Before the diff was 0.0002441 now is 0.00228

[ocminer]

Sine Pool for you:


https://sine.suprnova.cc




This is a Suprnova NG Pool, you can use your unified login there and all your pool workers from earlier setups too.

SSO Single-Sign-On on this Pool - You can also use your previously set up workers !
Payouts every 30 seconds
DDoS protected
Suprnova Quality, lots of experience in all kind of hashes - we had the first X13 Stratum and were among the first X11 and NIST5 Pools !
Highly optimized Stratums and MPOS implementations.
Idle Worker Notifications
Two Factor Authentication if wanted
Support 24x7 via IRC,Mail,PM etc.
Only 1 % fee ! (thats 50% lower than most other Pools !)
We have full SSL encryption on all pools ! (https:// instead of http:// !!)

Tested and Approvied Mining Rigs can be rented here: (Scrypt-N) http://www.miningrigrentals.com

lots of blocks here.. i hope diff recalc works.. looks weird right now

[ocminer]

Sine Pool for you:


https://sine.suprnova.cc




This is a Suprnova NG Pool, you can use your unified login there and all your pool workers from earlier setups too.

SSO Single-Sign-On on this Pool - You can also use your previously set up workers !
Payouts every 30 seconds
DDoS protected
Suprnova Quality, lots of experience in all kind of hashes - we had the first X13 Stratum and were among the first X11 and NIST5 Pools !
Highly optimized Stratums and MPOS implementations.
Idle Worker Notifications
Two Factor Authentication if wanted
Support 24x7 via IRC,Mail,PM etc.
Only 1 % fee ! (thats 50% lower than most other Pools !)
We have full SSL encryption on all pools ! (https:// instead of http:// !!)

Tested and Approvied Mining Rigs can be rented here: (Scrypt-N) http://www.miningrigrentals.com

lots of blocks here.. i hope diff recalc works.. looks weird right now

lol.. every share is a block right now

[atleticofa]

"difficulty" : 0.00915482,

[ocminer]

"difficulty" : 0.00915482,

yup, i see it, it works.


Guys I see lots of miners with Scrypt on the pool.

THIS IS SCRYPT-N - NOT Scrypt !


Please switch to Scrypt-N, you're currently only submitting invalids !

thx

[leduc]

yea tell us how to mine scrypt -n ?

update your geting started page

[auy]

Always "difficulty" : 0.00915482,

[ocminer]

yea tell us how to mine scrypt -n ?

update your geting started page

Updated on https://sine.suprnova.cc !

https://sine.suprnova.cc/index.php?page=gettingstarted

[jox]

No miners, ScryptN is very bad choice for coin. Look at all Vertcoin clones...