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

[bitfreak!]

question:
what would be XCN transaction per second limit, let say: with 10M size block?

Well it's kind of hard to estimate because it depends on the number of inputs and outputs. If most transactions had a large number of inputs and outputs then much less transactions will fit in a single block. However using multiple outputs is like sending many transactions to multiple people at the same time and it's the most efficient way to save block space.

But to answer your question, according to my rough calculations I think a 10MB block size limit would restrict the tps rate to about 1k per second. However there isn't 10MB limit in Cryptonite, the maximum block size will grow as large as it needs to be in order to handle the rate of transactions.

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[jk_14]

question:
what would be XCN transaction per second limit, let say: with 10M size block?

Well it's kind of hard to estimate because it depends on the number of inputs and outputs. If most transactions had a large number of inputs and outputs then much less transactions will fit in a single block. However using multiple outputs is like sending many transactions to multiple people at the same time and it's the most efficient way to save block space.

But to answer your question, according to my rough calculations I think a 10MB block size limit would restrict the tps rate to about 1k per second. However there isn't 10MB limit in Cryptonite, the maximum block size will grow as large as it needs to be in order to handle the rate of transactions.

Thank you for your answer!
(may I yet disturb you a bit with my project related questions via PM? )

[jk_14]

Hi,
Is there any Android wallet for XCN?

[AizenSou]

Someone / groups are pumping this coin back ? I didn't expect this but it's nice nevertheless.

[appbox]

cant sync headers

osx 10.10.3 (14D136)

[mmmaybe]

I believe XCN was the last coin that I with poor commitment (didn't even use all my power) mined. Even if with the coins innovations from the start, I'm too lazy to browse all the pages since. Can someone give a quick recap of where you are and why I should invest, or even mine, XCN?

[andyge]

where the dev???

[bitfreak!]

where the dev???

As I mentioned a few posts back the core dev will be unavailable for a little while longer. I am currently working on the new version of BitShop but when that's done I plan to give the web wallet another shot.

[enerbyte]

where the dev???

As I mentioned a few posts back the core dev will be unavailable for a little while longer. I am currently working on the new version of BitShop but when that's done I plan to give the web wallet another shot.

thanks for this update. 

[cjambox]

miniblockchainproject's pre-compiled cudaminer gives stratum error when every command is ok

[jwinterm]

These guys are trying to steal your name/ticker:
http://xcryptonite.org/

[bitfreak!]

These guys are trying to steal your name/ticker:
http://xcryptonite.org/

They've been around a while. I don't know why they had to use the exact same name and currency code, I tried to convince them to change it but they wouldn't. Their coin doesn't seem to be listed on any exchanges and seems to be dead anyway.

[jwinterm]

These guys are trying to steal your name/ticker:
http://xcryptonite.org/

They've been around a while. I don't know why they had to use the exact same name and currency code, I tried to convince them to change it but they wouldn't. Their coin doesn't seem to be listed on any exchanges and seems to be dead anyway.

'

I'm pretty sure their coin is just Bytecoin, with a different name/ticker. It says right on the page:

1 XCN (Cryptonite) = 1 BCN

Edit: Actually, after reading their bitcointalk ANN I'm not so sure what they were doing, but whatever it was it does seem dead.

[hailian111]

why poloniex Deposit and Withdrawal disabled???XCN is die?

[bitfreak!]

why poloniex Deposit and Withdrawal disabled???XCN is die?

I believe it's been like that for a several months now, maybe they didn't have enough volume. XCN is still alive though, I will be finished my work on BitShop soon and I'll be able to work on the Cryptonite web wallet again. I've also added a way for BitShop to use XCN and other altcoins.

[bitfreak!]

Ok finally finished the update to BitShop, was a huge update so it took some time, well worth the effort though because BitShop is now better than ever and can even be used to accept payment in XCN. I will now go back to working on this Cryptonite web wallet.

[kennyP]

Ok finally finished the update to BitShop, was a huge update so it took some time, well worth the effort though because BitShop is now better than ever and can even be used to accept payment in XCN. I will now go back to working on this Cryptonite web wallet.

cool, great work bitfreak, XCN is my 'darkhorse' pick for the future! I still can't believe I can buy XCN so cheap

[iCEBREAKER]

Ok finally finished the update to BitShop, was a huge update so it took some time, well worth the effort though because BitShop is now better than ever and can even be used to accept payment in XCN. I will now go back to working on this Cryptonite web wallet.

cool, great work bitfreak, XCN is my 'darkhorse' pick for the future! I still can't believe I can buy XCN so cheap

But you can't buy very many without moving the price!   

/first world problem

[smooth]

Still watching after 162 pages. I hope my old wallets still work though. LOL

[iCEBREAKER]

Still watching after 162 pages. I hope my old wallets still work though. LOL

Oh, good point!  WTF was my XCN wallet p/w?   

It appears XCN, LTC, PPC, VIA, XPM, and the rest of the legitimate classic (Gen 1) altcoins are at this time relying on the Lindy effect for longevity.  I don't entirely disagree with that 'build it and they will come' strategy, but still, with LN/SC coming...

In terms of fireworks, perhaps they've already 'done their thing?'   

Unless there are roadmaps I've missed/neglected/forgotten...