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Author Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine  (Read 576857 times)
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August 04, 2014, 03:56:12 PM
 #1021

Miners dream, investors nightmare, too many inflation, i´m out and wait for the miners dumps.


Sorry for who bought at 14k.

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August 04, 2014, 04:09:21 PM
 #1022

Dev could you give us an idea of how many coins are expected within the first half year, year and 2nd year ?

Heard something like 70 million in a year, way too much.
900+ million coins after 10 years. So it would be around 100 million coins in first year.



I guess if old blockchain data is deleted, it kind of makes this anonymous and untracable Wink

No you got it wrong, old block chain data is NOT deleted, you only decide not to store it (but other people do), instead you store an account table which list every address' balance (as far as i understand the scheme).

XCN is NOT anonymous and untracable.
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August 04, 2014, 04:12:08 PM
 #1023

Miners dream, investors nightmare, too many inflation, i´m out and wait for the miners dumps.


Sorry for who bought at 14k.
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August 04, 2014, 04:26:44 PM
 #1024

I guess if old blockchain data is deleted, it kind of makes this anonymous and untracable Wink

Not really. People can save the old data, and even create a collaboration portal where blockchain chunks are uploaded to create an unbroken chain from day one for the purpose of reducing this coins anonymity abilities.
Does the old data include individual transactions and are those transactions incorporated into the master hashes?  For example if address A sends 10 XCN to address B and address C sends 10 to address D.  Even with the old data what proof is there that address A didn't send to address D?

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August 04, 2014, 04:28:40 PM
 #1025

Does the old data include individual transactions and are those transactions incorporated into the master hashes?

yes, old data have anything. You could retrieve it anytime you want.
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August 04, 2014, 04:43:21 PM
 #1026

Miners dream, investors nightmare, too many inflation, i´m out and wait for the miners dumps.


Sorry for who bought at 14k.
Nastradamus mode ON Grin
Nosferatu mode ON  Grin

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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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August 04, 2014, 05:45:25 PM
 #1027

Dev could you give us an idea of how many coins are expected within the first half year, year and 2nd year ?

Heard something like 70 million in a year, way too much.

double that actually, we've done over 3 million in 6 days.

*** STUMP THE TRUMP *** SPURN THE BERN *** VOTE BILLARY! ***
-= www.Billary.rocks | https://bitcointalk.org/index.php?topic=1439754 =-
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August 04, 2014, 05:49:42 PM
 #1028

Dev could you give us an idea of how many coins are expected within the first half year, year and 2nd year ?

Heard something like 70 million in a year, way too much.

double that actually, we've done over 3 million in 6 days.
The block rewards are higher at the beginning obviously.
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August 04, 2014, 06:08:01 PM
 #1029

but where is the dev?

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August 04, 2014, 06:18:06 PM
 #1030

Miners dream, investors nightmare, too many inflation, i´m out and wait for the miners dumps.


Sorry for who bought at 14k.
Nastradamus mode ON Grin


Told ya 7.5k, -50% in a few hours.

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August 04, 2014, 06:35:57 PM
 #1031

Does the old data include individual transactions and are those transactions incorporated into the master hashes?

yes, old data have anything. You could retrieve it anytime you want.
yes but is that data part of the blockchain like the current inputs and outputs of bitcoin? 

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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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August 04, 2014, 07:07:23 PM
 #1032

Any pools not listed?
1GH seems to be the only one running right now.

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August 04, 2014, 07:18:10 PM
 #1033

Any pools not listed?
1GH seems to be the only one running right now.
And there is a problem with 1GH. When I put on it 400KH - it shows 400KH, but when I put on it 12 Mh it shows 6Mh. Where is 50% of power?
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August 04, 2014, 07:19:24 PM
 #1034

Quote
Not really. People can save the old data, and even create a collaboration portal where blockchain chunks are uploaded to create an unbroken chain from day one for the purpose of reducing this coins anonymity abilities.

Even more fun - they can fabricate chunks or overwrite transactions within the chunks so there can be 100 different archived blockchains floating around.  The entrepreneurial possiblities are endless.


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August 04, 2014, 07:19:54 PM
 #1035

Any pools not listed?
1GH seems to be the only one running right now.
And there is a problem with 1GH. When I put on it 400KH - it shows 400KH, but when I put on it 12 Mh it shows 6Mh. Where is 50 of power?
Please append some unique ids to your mining addresses, like ADDRESS.SERVER1, ADDRESS.SERVER2 and so on to get better vardiff and hashrate utilizaition.
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August 04, 2014, 07:26:28 PM
 #1036

Reduce the amount of coins or this will end up like Dogecoin.




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August 04, 2014, 07:46:50 PM
 #1037

Any pools not listed?
1GH seems to be the only one running right now.
And there is a problem with 1GH. When I put on it 400KH - it shows 400KH, but when I put on it 12 Mh it shows 6Mh. Where is 50 of power?
Please append some unique ids to your mining addresses, like ADDRESS.SERVER1, ADDRESS.SERVER2 and so on to get better vardiff and hashrate utilizaition.

Even with just 1 400KH miner, it's maxing out at around 250KH on the pool.
What miner did you use to get a solid 400KH on the pool might I ask?
I'm using the pool's Linux one compiled from github.

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August 04, 2014, 08:00:34 PM
 #1038

Any pools not listed?
1GH seems to be the only one running right now.
And there is a problem with 1GH. When I put on it 400KH - it shows 400KH, but when I put on it 12 Mh it shows 6Mh. Where is 50% of power?

They did just create the stratum implementation - maybe it's buggy.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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August 04, 2014, 08:09:11 PM
 #1039

You should make the coin distribution more clear to understand. Most people seem to think that all 1.8billion coins will exist in the next couple weeks or so when that is not true.
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August 04, 2014, 08:14:32 PM
 #1040

You should make the coin distribution more clear to understand. Most people seem to think that all 1.8billion coins will exist in the next couple weeks or so when that is not true.

Agree, this delutes the value
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