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Author Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine  (Read 568167 times)
othe
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July 29, 2014, 10:40:49 PM
 #501

how come this is already on exchange so fast, fishy coin we have here
dumping it b4 him and moving on to the next Grin



If you can't see the work that was involved here you must be blind or just technically related an idi...

Tired of fools like you down talking every interesting project just to pump some scam shit coin on another thread.
I found myself more than enough blocks with some rented resources and bet some money on it, like every other miner who sees potential here too.

If you aren't willing to risk something to get a return than don´t wine when someone else found more.


PS: It doesn't introduce some "new feature", the blockchain is more or less based on a different technology but i guess you didn't even read the Wiki.

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myagui
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July 29, 2014, 10:41:54 PM
 #502

how come this is already on exchange so fast, fishy coin we have here
dumping it b4 him and moving on to the next Grin

I'd say that 'fishy' is not really the term that applies on this one.
- This coin had a testing thread with a running testnet for weeks.
- A reasonably sized group of people participated and provided inputs as development progressed.
- There was a pre-ann a week in advance before the coin going live.
- There is no premine/IPO.
- Strong online presence (see website/wiki)
- Solid technical arguments and significant innovation.

If cryptonite holds up against the test of time, rigorous use, and provided that no significant code flaws are found to exist, or that any are fixed before major damage is ever done - the current valuation is low. If the implementation is found to be critically flawed - the current valuation is high.  Grin

Plenty of other things could be said though, I'm just shortly describing that there was a lot of activity before cryptonite going live, and I'm quite confident that it was that activity, along with a reasonably smooth launch (though certainly not perfect), that prompted the early exchange support.

Cheers,
~ Myagui

smooth
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July 29, 2014, 10:53:38 PM
 #503

i feel that is good for the price at the beginning stage , dev got massive quantity

You don't understand the point about 10 years before the first halving of reward.

It is quite impossible for anyone to have "massive quantity" at this point because the emission rate is so extremely slow.

The total supply is 1.8 billion coins, of which about 1 million (i.e. 0.06%) have been mined. Even if someone got 100% of the coins mined so far (this did not happen) he would only have 0.06% of the total supply.

Please compare this to DRK and report back.

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July 29, 2014, 10:55:24 PM
 #504

how come this is already on exchange so fast, fishy coin we have here
dumping it b4 him and moving on to the next Grin

I'd say that 'fishy' is not really the term that applies on this one.
- This coin had a testing thread with a running testnet for weeks.
- A reasonably sized group of people participated and provided inputs as development progressed.
- There was a pre-ann a week in advance before the coin going live.
- There is no premine/IPO.
- Strong online presence (see website/wiki)
- Solid technical arguments and significant innovation.

If cryptonite holds up against the test of time, rigorous use, and provided that no significant code flaws are found to exist, or that any are fixed before major damage is ever done - the current valuation is low. If the implementation is found to be critically flawed - the current valuation is high.  Grin

Plenty of other things could be said though, I'm just shortly describing that there was a lot of activity before cryptonite going live, and I'm quite confident that it was that activity, along with a reasonably smooth launch (though certainly not perfect), that prompted the early exchange support.

Cheers,
~ Myagui
Can you writing this text to poloniex?
Sounds very good Smiley
provenceday
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July 29, 2014, 11:23:28 PM
 #505

we need bittrex and poloniex or mintpal.
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July 29, 2014, 11:33:21 PM
 #506

New builds 14072918  actually the same as an older one. Went back to the old style of getwork and modified minerd. New minerd has optimized mining. Some 30% increase over wallet. Keep in mind that nobody really knows if it works. It has mined blocks on testnet but various problems seem to continue to appear with it.

Please read the https://github.com/MiniblockchainProject/Minerd/blob/master/README
You WILL need the extranonce in your config file to achieve mining on multiple machines. You WILL need both the latest daemon and minerd to get it to work. Even then, it just may not.
extranonce can be any number just make sure it's different on all miners.

The miner.exe for windows has been updated
MD5 93a21b40dfd8cbfd83f2778e0135710b

Miners are not really my business. Just trying to make sure the wallet supports them and to keep the code getting out since nobody is releasing anything yet. Best effort only.


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July 29, 2014, 11:35:23 PM
 #507

New builds 14072918  actually the same as an older one. Went back to the old style of getwork and modified minerd. New minerd has optimized mining. Some 30% increase over wallet. Keep in mind that nobody really knows if it works. It has mined blocks on testnet but various problems seem to continue to appear with it.

Please read the https://github.com/MiniblockchainProject/Minerd/blob/master/README
You WILL need the extranonce in your config file to achieve mining on multiple machines. You WILL need both the latest daemon and minerd to get it to work. Even then, it just may not.
extranonce can be any number just make sure it's different on all miners.

The miner.exe for windows has been updated
MD5 93a21b40dfd8cbfd83f2778e0135710b

Miners are not really my business. Just trying to make sure the wallet supports them and to keep the code getting out since nobody is releasing anything yet. Best effort only.




THANK YOU    Smiley
jly77
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July 30, 2014, 12:15:31 AM
 #508

Those addresses could be exchanges, i dunno. The few large miners I know of seem to have 30k or so.

Minerd/getwork appears to have an issue. It works fine if your mining 1 instance of minerd per wallet. With more, aka private pool, it doesn't work right because getwork is only generating new work 1/sec or so. I changed getwork to always generate new work when called. This will however create very large load on the daemon. Not sure what the best way to use it is. New builds will be up shortly. 904/905

Those addresses could never be exchanges. Fuck those who lie.
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July 30, 2014, 12:17:59 AM
 #509

Those addresses could be exchanges, i dunno. The few large miners I know of seem to have 30k or so.

Minerd/getwork appears to have an issue. It works fine if your mining 1 instance of minerd per wallet. With more, aka private pool, it doesn't work right because getwork is only generating new work 1/sec or so. I changed getwork to always generate new work when called. This will however create very large load on the daemon. Not sure what the best way to use it is. New builds will be up shortly. 904/905

Those addresses could never be exchanges. Fuck those who lie.

Fuck those who want other people's work for nothing; who wish to take the product of their valuable knowledge, time, and effort, and use it to profit without giving two shits about the person who made it.

And you wonder why these miners aren't released.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
dr_chen
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July 30, 2014, 12:20:38 AM
 #510

Anyone use the miner, does it works
cubydu
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July 30, 2014, 01:13:29 AM
 #511

How can I check that minerd works ? I can't see share submitting


Yanakitu Tenatako
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July 30, 2014, 01:23:16 AM
 #512

Yes. /Me found block #3406 using the standalone cpu miner about 50m ago.
~ Myagui

Myagui, please, could you tell your hashing power?
What type of CPUs and hashrate.

It would be nice to know hashrate for certain CPUs. Thank you.

BitFinex, best trading platform ever.
Register here: https://www.bitfinex.com/?refcode=53wNhi4gTx
Yanakitu Tenatako
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July 30, 2014, 01:24:25 AM
 #513

How can I check that minerd works ? I can't see share submitting



What the hell Huh?
How many threads you use and how?

PS. when you see share submitted you found a block.

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cubydu
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July 30, 2014, 01:29:18 AM
 #514

EC2

How can I check that minerd works ? I can't see share submitting



What the hell Huh?
How many threads you use and how?

PS. when you see share submitted you found a block.

truckythin
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July 30, 2014, 01:50:22 AM
 #515

you will never know untill it can find block, but you know, it cost way to much to verify it  Tongue

Gablez
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July 30, 2014, 04:34:50 AM
 #516

Already on two exchanges.  Reasonable trading volume.  I'm bullish on this coin.  Looks good.

wyj1888
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July 30, 2014, 04:42:40 AM
 #517

where  is the dev? are you chinese?
bitfreak!
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July 30, 2014, 05:04:15 AM
 #518

where  is the dev? are you chinese?
No we are not Chinese, we only speak English. The currency code ends with CN because the C and the N in CryptoNite are the first letters of each syllable, and it starts with X because that's the ISO standard for global currencies. I'm not sure if the currency code had anything to do with why two Chinese exchanges have listed XCN, but I highly doubt it.

XCN: CYsvPpb2YuyAib5ay9GJXU8j3nwohbttTz | BTC: 18MWPVJA9mFLPFT3zht5twuNQmZBDzHoWF
Cryptonite - 1st mini-blockchain altcoin | BitShop - digital shop script
Web Developer - PHP, SQL, JS, AJAX, JSON, XML, RSS, HTML, CSS
wyj1888
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July 30, 2014, 05:11:24 AM
 #519

where  is the dev? are you chinese?
No we are not Chinese, we only speak English. The currency code ends with CN because the C and the N in CryptoNite are the first letters of each syllable, and it starts with X because that's the ISO standard for global currencies. I'm not sure if the currency code had anything to do with why two Chinese exchanges have listed XCN, but I highly doubt it.

ah~ thank you!
wyj1888
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July 30, 2014, 05:13:55 AM
 #520

where  is the dev? are you chinese?
No we are not Chinese, we only speak English. The currency code ends with CN because the C and the N in CryptoNite are the first letters of each syllable, and it starts with X because that's the ISO standard for global currencies. I'm not sure if the currency code had anything to do with why two Chinese exchanges have listed XCN, but I highly doubt it.

Are you an Indian??
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