[ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine

[unknownknown]

I don't really think it's possible to create a human mineable coin. The problem is you need a PoW algorithm which is hard for bots to solve but easy for humans to solve, but it also needs to be easy for computers to verify the solution. There is no easy way to meet those requirements. The problem space would have to be so huge that a bot wont have any chance at finding a solution by randomly searching for one, but it should be solvable by applying creativity and logic. For example when a programmer is faced with a problem he must apply creativity and logic to write an algorithm which can solve the problem. If he were to randomly try every possible algorithm he would never find a solution, but by applying human reasoning skills he is able to write an algorithm capable of solving the problem. That is the sort of PoW problem required to make a human mineable coin.

It does not need to be a 'solveable' PoW. When for example two or more people compete in a game they are matching human qualities against human qualities. A 'game' context would also solve the language issue since anyone could mine without knowing a specific language.

In general terms I will admit that you are a developer and I am not so I can't answer very well your points. But in this instance it is a fresh enough concept that the limitations you might see could be solved simply by starting from scratch. The only things to be taken for granted are 1) an electronic currency 2) mineable only by individuals 3) without regard for the level of tech they can afford etc.

A person should prevent it from being a gambling currency, in other words some purpose and skill should be involved. Aside from that it isall developer issues and problems to figure out how it could be done. Out of my depth ha ha.

[1715416318]

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[1715416318]

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[logictense]

I don't really think it's possible to create a human mineable coin. The problem is you need a PoW algorithm which is hard for bots to solve but easy for humans to solve, but it also needs to be easy for computers to verify the solution. There is no easy way to meet those requirements. The problem space would have to be so huge that a bot wont have any chance at finding a solution by randomly searching for one, but it should be solvable by applying creativity and logic. For example when a programmer is faced with a problem he must apply creativity and logic to write an algorithm which can solve the problem. If he were to randomly try every possible algorithm he would never find a solution, but by applying human reasoning skills he is able to write an algorithm capable of solving the problem. That is the sort of PoW problem required to make a human mineable coin.

It does not need to be a 'solveable' PoW. When for example two or more people compete in a game they are matching human qualities against human qualities. A 'game' context would also solve the language issue since anyone could mine without knowing a specific language.

In general terms I will admit that you are a developer and I am not so I can't answer very well your points. But in this instance it is a fresh enough concept that the limitations you might see could be solved simply by starting from scratch. The only things to be taken for granted are 1) an electronic currency 2) mineable only by individuals 3) without regard for the level of tech they can afford etc.

A person should prevent it from being a gambling currency, in other words some purpose and skill should be involved. Aside from that it isall developer issues and problems to figure out how it could be done. Out of my depth ha ha.

By the way the majority of devcoins are essentially mined by human creative work: 180M coins were distributed to people who earned shares for developing open source software, completing bounties, writing on devtome, which pays 1 share for between 700 and 2000 words according to writer's quality.  The number of shares acts as the effective difficulty in earning devcoins, which is getting harder and harder (just like bitcoin mining). The coin has been around for more than 2 years but devtome is a fairly recent addition.

[e6ug]

seems like we are way off topic.  any news about xcn?

[ocminer]

seems like we are way off topic.  any news about xcn?

Or some results from testing and spreading some hash over ? I'd really like to know if the stratum works at suprnova

[unknownknown]

By the way the majority of devcoins are essentially mined by human creative work: 180M coins were distributed to people who earned shares for developing open source software, completing bounties, writing on devtome, which pays 1 share for between 700 and 2000 words according to writer's quality.  The number of shares acts as the effective difficulty in earning devcoins, which is getting harder and harder (just like bitcoin mining). The coin has been around for more than 2 years but devtome is a fairly recent addition.

Devcoin is outstanding, I support it fully, but the distribution really is limited. It is more like a club or clique coin, a way to show support but not practical as a currency in the long term.

[bitfreak!]

seems like we are way off topic.  any news about xcn?

Yes I have some news, the open source block explorer I'm working on is almost finished. I've got to get some sleep now but there's not much left to do so it should be released within 24 hours.

[e6ug]

seems like we are way off topic.  any news about xcn?

Or some results from testing and spreading some hash over ? I'd really like to know if the stratum works at suprnova

i pointed a rig at it.  you should change the getting started settings. shows instructions for nist5.

[suchnekky]

good news! price reflecting it

[bitfreak!]

good news! price reflecting it

Lol I think that may just be because bitcoin is falling like a lead balloon.

[go6ooo1212]

Hi guys, I have an issue with the wallet today. Yesterday it was fully synced , but when I started it today - it is stucked on block 73374 and showes 7days behind(which I think is imposible hen yesterday was OK ).
Im with the last version of client from the official site. I deleted tha database and tryed syncing it again , but result is the same.
My nodes are in this file:
Cryptonite.conf
addnode=108.61.198.119
addnode=108.61.199.81
addnode=108.61.199.112
addnode=49.69.151.15
addnode=91.147.186.68
addnode=183.129.171.156
addnode=210.64.51.11
addnode=125.115.65.192
addnode=83.212.114.217
addnode=58.220.3.208
addnode=106.120.221.254
addnode=101.165.44.224
addnode=176.37.21.175
addnode=90.57.164.208
addnode=195.47.113.76
addnode=77.58.253.73
addnode=83.248.223.155
addnode=47.20.213.131
addnode=117.33.220.204
addnode=187.55.221.174

EDIT: I have 9 active connections to the network...

[bitfreak!]

Hi guys, I have an issue with the wallet today. Yesterday it was fully synced , but when I started it today - it is stucked on block 73374 and showes 7days behind(which I think is imposible hen yesterday was OK ).
Im with the last version of client from the official site. I deleted tha database and tryed syncing it again , but result is the same.

Hmmm try adding these nodes:

206.72.193.148:8253
148.251.14.212:8253
37.157.179.59:8253
47.55.147.150:8253
210.186.149.241:8253
58.58.56.226:8253

[go6ooo1212]

Hi guys, I have an issue with the wallet today. Yesterday it was fully synced , but when I started it today - it is stucked on block 73374 and showes 7days behind(which I think is imposible hen yesterday was OK ).
Im with the last version of client from the official site. I deleted tha database and tryed syncing it again , but result is the same.

Hmmm try adding these nodes:

206.72.193.148:8253
148.251.14.212:8253
37.157.179.59:8253
47.55.147.150:8253
210.186.149.241:8253
58.58.56.226:8253

Thanks , the thing I did was transfering the client to other PC without any nodes and database , and its fully synced

[bitfreak!]

Ok the block explorer is 99% complete, but I've gotta get some sleep so I'll finish off the last few things tomorrow and make sure everything is working smoothly before I upload the source to github. Once again sorry for the delay, the only reason I didn't have it ready today was because I had to optimize some of code I had already written. But it will definitely be released when I return.

[Skarfur]

I think it's a problem for the coin that the majority of the hashing power is pointed at the 1GH pool. Don't get me wrong, I like the pool and have nothing to complain about regarding 1GH, but I think we should make an effort to divide the hashing into more pools. I'm directing 160 MH/s to the block factory mining pool and I hope some of you are willing to do the same. At least try it for some time, might just be the nudge that is needed

[fewcoins]

We are trying to support the XCN community by removing all sell orders for less than 2k satoshi's
This is very possible for us to drive up the price of XCN & get more smart people on board.

Type 1 if you agree!

[fewcoins]

We are trying to support the XCN community by removing all sell orders for less than 2k satoshi's
This is very possible for us to drive up the price of XCN & get more smart people on board.

Type 1 if you agree!

1

[3months18w]

Ok the block explorer is 99% complete, but I've gotta get some sleep so I'll finish off the last few things tomorrow and make sure everything is working smoothly before I upload the source to github. Once again sorry for the delay, the only reason I didn't have it ready today was because I had to optimize some of code I had already written. But it will definitely be released when I return.

Good job,thank you!

[3months18w]

We are trying to support the XCN community by removing all sell orders for less than 2k satoshi's
This is very possible for us to drive up the price of XCN & get more smart people on board.

Type 1 if you agree!

Big whales are needed.

[newbybtc]

We are trying to support the XCN community by removing all sell orders for less than 2k satoshi's
This is very possible for us to drive up the price of XCN & get more smart people on board.

Type 1 if you agree!

That is not 'supporting the xcn community'.

That is trying to use scam techniques to pump the coin.

xcn is one of the few coins that will probably do very well without any tricky shit.
It is very cheap right now.

Instead of using scammish doucheries to pump it why not let the market work?

If you want to run a scam there are lots of coins out there you can try to make a quick buck on.

[kalon]

New binaries are available with some changes to the RPC and a fix for the issue which affected the 1GH pool earlier. The latest binaries have the changes necessary for the web wallet I created to work properly, so you wont need to compile it yourself anymore to run the web wallet. One of the simplest ways to get the web wallet working as an alternative to Qt is to install XAMPP. Then create a new folder in the htdocs folder which is located where ever XAMPP was installed, and place the web wallet source files inside the folder you created. Now make sure cryptonited and the Apache web server are running, and if your new folder was called xcnwallet then open a web browser and go to http://localhost/xcnwallet/install/install.php and follow the installation instructions. You only need to do that last installation step once, if you already have it installed just go to http://localhost/xcnwallet/

Just checking out Cryptonite now. Didn't realize that progress was being made since you first proposed the mini-blockchain system.

I like that webwallet interface but I'm getting an error:
Fatal error: Call to undefined function curl_init() in /var/www/html/xcn/lib/rpcclient.lib.php on line 130

Not quite sure what's going wrong there. Any pointers would be appreciated.