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Author Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine  (Read 539956 times)
savale
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August 05, 2014, 10:20:15 AM
 #1101

a GPU farm is not impossible, but implementing these CL files for an AMD gpu is pretty hard. It would suprise me if someone made it that far. a large botnet is possible.

By the way: that mini blockchain feature is a really useful feature! Nice find

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q327K091
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August 05, 2014, 10:26:30 AM
 #1102

wow, some addresses mine @1gh with 600MH ... thats more than 5000 haswell cores...

I really wonder why giving money to botnets is ok :S

that is why GPU's are ok its hard for a botnet to take GPU over although I am sure many are trying, above does look like a large botnet farm indeed, surprised law enforcement is not tracing it to the source and try to shut it down

yeah you can not compete with above, you can get 1,000 maybe 10,000 if patient , by that time difficulty is sky high why botnet network sits on 1,000,000 coins, then GPU miner is released and people catch up to 100,000 (if patient, who does that actually as people jump around the coins)

so 10 years is looking better and better in my view

but this also could be a hidden GPU miner, by some savvy developer(s) from the underground, in which case this is fair as long as not a developer that launched the coin, so best one can hope for is release of open source GPU miner, if anyone is watching this thread please do so for Nvidia (they eat electricity less  Cool

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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August 05, 2014, 10:29:41 AM
 #1103

Anyone mining with AMD CPU?

Please share hashrate results.

I am mining with AMD.

FX-6300@4,2 GH = 420 kH
Athlon II X2 B28 @ 3,4 GH = 150 kH
Athlon X2 4850e  @ 2,5 GH = 90 kH

Some updates as we have new miner:

FX-6300@4,2 GH = 512 kH
Athlon II X2 B28 @ 3,4 GH = 175 kH
Athlon X2 4850e  @ 2,5 GH = 105 kH
A4-6300 X2 @ 3,7 GH = 148 kH
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August 05, 2014, 10:32:47 AM
 #1104

Anyone mining with AMD CPU?

Please share hashrate results.

I am mining with AMD.

FX-6300@4,2 GH = 420 kH
Athlon II X2 B28 @ 3,4 GH = 150 kH
Athlon X2 4850e  @ 2,5 GH = 90 kH

Some updates as we have new miner:

FX-6300@4,2 GH = 512 kH
Athlon II X2 B28 @ 3,4 GH = 175 kH
Athlon X2 4850e  @ 2,5 GH = 105 kH
A4-6300 X2 @ 3,7 GH = 148 kH

nice

I am mining with 2 MHS  w/ AMD 1090T (only 150 W power consumption, but boxes heat up regardless) will try to push to 1,000 maybe more and wait for GPU and perform plan as above , we have plenty of time 10 years!

In my estimation if CPU botnets, there is approx 300 to 500 machines infected which is not a lot actually, my humor is getting less and less, but there is some decent innovation behind this coin, but can not have CPU only or this happens, people will mine mostly for fun (not profit) when GPU miner comes up prices will come up automatically, that's all

next time something like this is launched a link to GPU miner should be made available at the same time, if this would happen here exchanges would devour this coin like no tomorrow and miners would rejoyce

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
watuba
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August 05, 2014, 10:33:33 AM
 #1105

hi my wallet isnt syncing
could someone give me some addnodes for my conf?

There are some nodes listed on the previous page, but also just try this command:
./cryptonited addnode seed.gpile.it onetry

Keep trying that until it finds one.  That's what cryptonited does by default, but just not very fast Smiley

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August 05, 2014, 10:40:55 AM
 #1106

I am mining with 2 MHS  w/ AMD 1090T (only 150 W power consumption, but boxes heat up regardless) will try to push to 1,000 maybe more and wait for GPU and perform plan as above , we have plenty of time 10 years!

You really mean 2 Mhs/s (2000 Kh/s) with Phenom II X6 1090T Processor?  Shocked

You killed me...
What soft do you use?
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August 05, 2014, 10:44:05 AM
 #1107

I am mining with 2 MHS  w/ AMD 1090T (only 150 W power consumption, but boxes heat up regardless) will try to push to 1,000 maybe more and wait for GPU and perform plan as above , we have plenty of time 10 years!

You really mean 2 Mhs/s (2000 Kh/s) with Phenom II X6 1090T Processor?  Shocked

You killed me...
What soft do you use?

and have competition from 1000's of miners reading this thread?, custom software with highly optimized assembler routines...

also do hurry up as GPU miner is being worked on, but that is a good thing

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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August 05, 2014, 11:02:53 AM
 #1108

Anyone mining with AMD CPU?

Please share hashrate results.

I am mining with AMD.

FX-6300@4,2 GH = 420 kH
Athlon II X2 B28 @ 3,4 GH = 150 kH
Athlon X2 4850e  @ 2,5 GH = 90 kH

Some updates as we have new miner:

FX-6300@4,2 GH = 512 kH
Athlon II X2 B28 @ 3,4 GH = 175 kH
Athlon X2 4850e  @ 2,5 GH = 105 kH
A4-6300 X2 @ 3,7 GH = 148 kH

nice

I am mining with 2 MHS  w/ AMD 1090T (only 150 W power consumption, but boxes heat up regardless) will try to push to 1,000 maybe more and wait for GPU and perform plan as above , we have plenty of time 10 years!

In my estimation if CPU botnets, there is approx 300 to 500 machines infected which is not a lot actually, my humor is getting less and less, but there is some decent innovation behind this coin, but can not have CPU only or this happens, people will mine mostly for fun (not profit) when GPU miner comes up prices will come up automatically, that's all

next time something like this is launched a link to GPU miner should be made available at the same time, if this would happen here exchanges would devour this coin like no tomorrow and miners would rejoyce

amazing, which miner do you use?
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August 05, 2014, 11:07:18 AM
 #1109

Anyone mining with AMD CPU?

Please share hashrate results.

I am mining with AMD.

FX-6300@4,2 GH = 420 kH
Athlon II X2 B28 @ 3,4 GH = 150 kH
Athlon X2 4850e  @ 2,5 GH = 90 kH

Some updates as we have new miner:

FX-6300@4,2 GH = 512 kH
Athlon II X2 B28 @ 3,4 GH = 175 kH
Athlon X2 4850e  @ 2,5 GH = 105 kH
A4-6300 X2 @ 3,7 GH = 148 kH

nice

I am mining with 2 MHS  w/ AMD 1090T (only 150 W power consumption, but boxes heat up regardless) will try to push to 1,000 maybe more and wait for GPU and perform plan as above , we have plenty of time 10 years!

In my estimation if CPU botnets, there is approx 300 to 500 machines infected which is not a lot actually, my humor is getting less and less, but there is some decent innovation behind this coin, but can not have CPU only or this happens, people will mine mostly for fun (not profit) when GPU miner comes up prices will come up automatically, that's all

next time something like this is launched a link to GPU miner should be made available at the same time, if this would happen here exchanges would devour this coin like no tomorrow and miners would rejoyce

amazing, which miner do you use?

information is classified for now, but do yourself a favor and use Intel processors, AMD's are great for GPU bridge for standard mining, this coin here for me is theoretical exercise although I used my setup to mine primecoin (riecoin too) very successfully early in the days (too late now) also cloud farms but here be warned as it is unprofitable also press your local law enforcement cyber division to dismantle bot nets not just for the sake of crypto coins  Cool

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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August 05, 2014, 11:11:08 AM
 #1110

btw anyone has chart/graph on difficulty level of Cryptonite ? I can not tell (and therefore project) miners activity and to simply shut down CPU's cores (as they cost energy and heat! even with 150 W which is very small I can imagine Intel like 250 W almost double that must like an oven)

do let know please on how to measure difficulty , thanks much!

wallet "getdifficulty" shows  185,177.78545464 so at 2 MHS that's approx 200+ a day ? if cores don't overheat lol and they do

so.... if I see it 4 x difficulty, that's 50+ less coins and abuse of CPU's at that level and with competition that pulls 100's of MHS

another tip from me, do not overclock your CPU's, (goes also for GPU's) it is NOT worth it, you will shorten your hardware lifespan by a factor more than 1/2

using CPU cores max - 1 (1 for GPU bridge) cost GPU hash rate , not a tremendous amount (but could be in the kilo hashes level on Xnn coin variety...) 

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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August 05, 2014, 11:19:43 AM
 #1111

@bitfreak, would it be possibile if you made an emission chart of XCN, showing how the coin is mined over the course of it's pow period?

btc: 1EYX92cpaqkp2TcRFmt1rQdmDUGUacKQU3
cann: CZCq3evSJGuDmBV6vmz9Xc5hmAAY1nBNJ4
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August 05, 2014, 11:46:53 AM
 #1112

but the coin will not be relaunched, nor will the developer's design decisions be revisited.  Perhaps we can let the market take it from here?

You don't know that. I'd definitely fork it, toss the PoW and relaunch it myself if I weren't already busy with other things. If someone else wants to do it, it may happen.

It would actually be a bad bet to say this coin won't be forked. Whether those inevitable forks get any success is hard to say. Launch problems definitely help forks, but it is a question of degree.


My guess is anyone wanting to fork is waiting for things to clear out. with all due respect to catia's hard work, there are things still left to do with this coin.

That's what merging is for. If you change nothing but the proof of work, merging will be trivial, and could even be automated.



I am no coder but when you say replace PoW - wud Cryptonight work on this? I guess mini block chain from this along with bloated blockchain of Cryptonight = win!
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August 05, 2014, 11:52:37 AM
 #1113

but the coin will not be relaunched, nor will the developer's design decisions be revisited.  Perhaps we can let the market take it from here?

You don't know that. I'd definitely fork it, toss the PoW and relaunch it myself if I weren't already busy with other things. If someone else wants to do it, it may happen.

It would actually be a bad bet to say this coin won't be forked. Whether those inevitable forks get any success is hard to say. Launch problems definitely help forks, but it is a question of degree.


My guess is anyone wanting to fork is waiting for things to clear out. with all due respect to catia's hard work, there are things still left to do with this coin.

That's what merging is for. If you change nothing but the proof of work, merging will be trivial, and could even be automated.



I am no coder but when you say replace PoW - wud Cryptonight work on this? I guess mini block chain from this along with bloated blockchain of Cryptonight = win!

I say that (mini block) add scratchpad (military level cryptography) aka diffusion matrix aka what boolberry has done = 8$ a coin possibility

to mine boolberry these days you need a supercomputer

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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August 05, 2014, 11:55:59 AM
 #1114

but the coin will not be relaunched, nor will the developer's design decisions be revisited.  Perhaps we can let the market take it from here?

You don't know that. I'd definitely fork it, toss the PoW and relaunch it myself if I weren't already busy with other things. If someone else wants to do it, it may happen.

It would actually be a bad bet to say this coin won't be forked. Whether those inevitable forks get any success is hard to say. Launch problems definitely help forks, but it is a question of degree.


My guess is anyone wanting to fork is waiting for things to clear out. with all due respect to catia's hard work, there are things still left to do with this coin.

That's what merging is for. If you change nothing but the proof of work, merging will be trivial, and could even be automated.



I am no coder but when you say replace PoW - wud Cryptonight work on this? I guess mini block chain from this along with bloated blockchain of Cryptonight = win!

Any of them would work. Replacing the PoW on a coin is, in terms of code changes, just not a big deal. They all have advantages and disadvantages though.

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August 05, 2014, 12:04:50 PM
 #1115

@bitfreak, would it be possibile if you made an emission chart of XCN, showing how the coin is mined over the course of it's pow period?

+100

Lastly and not pushing bool here for I don't own a single coin, even though I was there in first two weeks, difficulty went high up almost immediately, I got 0.08 a day and shut down cores... GPU miner does exist and it in the hands of bool dev! and despite that they have done well.. which is veeeeery strange

see their "network state", it's geeks paradise, but believe all of this adds to value of coins (in general)  tech tools/gadgets etc

http://boolberry.com/state.html

love aliases too, market has awarded them bonus because of innovation, things like that, you innovated small block chain and thats very cool...

ha! 20 minutes and now we have 192,469.49615285 so people are mining it, too bad there could underground GPU software to which 1 has access and/or massive bot nets, you want the former (but opened sourced Nvidia & AMD), keep an eye on that difficulty and dont burn your CPU's in the process  Cool

off to tend others in the portfolio

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
kibi
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August 05, 2014, 12:05:00 PM
 #1116

Where is the link for the new miner? Huh
marada
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August 05, 2014, 12:39:21 PM
 #1117

Where is the link for the new miner? Huh

The most efficient public miner is 1gh cpuminer-cryptonite.
My hashrates were for comparison within the range of the same software.

I know it may be already obsolete if private miners are in the game.

The hashrate increased rapidly in last hours.

Some statistics:
------------------------------------------
"blocks" : 12533,
"networkhashps" : 1863253147,
------------------------------------------
"blocks" : 13341,
"networkhashps" : 2534603317,
------------------------------------------
"blocks" : 15322,
"networkhashps" : 4792662628,
------------------------------------------
just four hours later:
------------------------------------------
"blocks" : 15556,
"networkhashps" : 6284523620,
------------------------------------------
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August 05, 2014, 12:42:59 PM
 #1118

@bitfreak, would it be possibile if you made an emission chart of XCN, showing how the coin is mined over the course of it's pow period?

+100

Lastly and not pushing bool here for I don't own a single coin, even though I was there in first two weeks, difficulty went high up almost immediately, I got 0.08 a day and shut down cores... GPU miner does exist and it in the hands of bool dev! and despite that they have done well.. which is veeeeery strange

see their "network state", it's geeks paradise, but believe all of this adds to value of coins (in general)  tech tools/gadgets etc

http://boolberry.com/state.html

love aliases too, market has awarded them bonus because of innovation, things like that, you innovated small block chain and thats very cool...

ha! 20 minutes and now we have 192,469.49615285 so people are mining it, too bad there could underground GPU software to which 1 has access and/or massive bot nets, you want the former (but opened sourced Nvidia & AMD), keep an eye on that difficulty and dont burn your CPU's in the process  Cool

off to tend others in the portfolio


I have a faster BBR miner Tongue

Code:
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August 05, 2014, 01:01:59 PM
 #1119

FAQ/Troubleshooting
This is divided into two sections.  The first is technical help, the second is coin supply.


1) Technical Help
Cryptonite is a completely new crypto:  The Bitcoin code was seriously altered and vetted over a 4 month period.  Partly because of this, setting up the client may involve a little extra work over any bitcoin fork or shitcoin.  Consider that 1. It has an entirely different balance-sheet system 2. It only retains the blockchain for the past 7 days, and 3. It has a lot of completely new features, like withdrawal limits/unmalleable transactions/0-confirm transactions, when you're about to complain that you couldn't get it to work in 5 seconds.

Installation
Download directories(These are the most up-to-date, OP is not always accurate):

http://gpile.it/mbc/ For latest Linux Binaries and Windows daemon/qt
http://gpile.it/mbctest/ If you're feeling adventurous, latest test versions
Source(same as OP):
https://github.com/MiniblockchainProject/Cryptonite/

Please backup your wallet, as well as Bitcoin/other client wallets before installing Cryptonite.

Linux Ubuntu 14.04 (Trusty) / Ubuntu 13.10 (Saucy)
These are all the commands I used to get binaries running on Ubuntu 14.04
Configuring system:

Copy bitcoin repository and update, add additional necessary dependencies:
Code:
sudo add-apt-repository ppa:bitcoin/bitcoin

sudo apt-get update

sudo apt-get install libboost-all-dev libdb4.8-dev libdb4.8++-dev libminiupnpc-dev libqt4-dev libprotobuf-dev protobuf-compiler libgmp-dev

apt-get install git ntp make g++ gcc autoconf cpp ngrep iftop sysstat

Installing(Note, change the Trusty file version below to most up-to-date):
Code:
sudo su -
wget "gpile.it/mbc/trusty_amd64_cryptonited_14072401" -O cryptonited

chmod +x ./cryptonited

mkdir ~/.cryptonite

cat > ~/.cryptonite/cryptonite.conf << EOF
#----
rpcuser=rpcuser
rpcpassword=rpcpwabcdef
EOF

./cryptonited

Linux from Source:
(Courtesy of marada, a few posts below)
Install dependencies & compilation dependencies:

Code:
sudo apt-get update
sudo apt-get install libboost1.55-all-dev build-essential libdb++-dev g++ libminiupnpc-dev libqt4-dev libprotobuf-dev libgmp-dev
* use your favourite versions of libraries
** use your distribution package tool or compile dependencies from sources

Code:
git clone https://github.com/MiniblockchainProject/Cryptonite/
cd Cryptonite
./autogen.sh
./configure --with-incompatible-bdb --with-gui
* proposed options, use ./configure --help to get more options

Code:
make -j <N>
* where <N> is the number of threads/cores you wish to use

If everything goes right you will find your qt wallet here:
~/Cryptonite/src/qt/cryptonite-qt

By default cryptonite-qt is compiled as shared library so you may need to launch from the terminal. Optionally install as system package:
Code:
sudo make install
* in case of distroes based on apt.

** you need at least 1,2 GB of disk space. 4 GB+ and 4+ cores CPU is recommended for compilation.


Windows 7(64 bit):
Download latest qt from http://gpile.it/mbc/
Run, enjoy
Find the wallet directory: Go to Start -> run “explorer %APPDATA%\Cryptonite”
Want to solomine?  Go to help, Debug, enter 'setgenerate true -1'
Other useful commands in Debug window:
'getmininginfo' will tell you some stuff
'getinfo' will tell you other stuff
'setgenerate false' to stop mining

Windows 8 or 8.1:
Probably not a good idea.  There have been lots of reported issues with Win 8, and the client wasn't tested at all for Windows 8.  However, bitfreak may be working on a web wallet, so this might be an option if you can't get another OS anytime soon.

Windows 32bit:
No versions out for 32bit yet, and likely not out for a long time, if ever.

Other Troubleshooting
Trouble Syncing?  
Enter in console: ./cryptonited addnode seed.gpile.it onetry
Keep trying that command until it finds one.  Cryptonited does this by default, but just really slowly.

Error sending XCN:
XCN must have 10 decimal places and an 'ep' sign at the end, ie:
./cryptonited sendtoaddress mvqH4czVQg2HdGpkV7PWVZJpRXVwLnMXpN "30.0100000000ep"
http://cryptonite.info/wiki/index.php?title=Cryptonite_API#A_note_about_EP_amounts



2) Coin Supply Help
Before you go apeshit over 1.8 Billion coins, high inflation, "not what we're used to", etc, consider that maybe the devs made a very conscious decision in distributing Cryptonite this way. Instead of insta-complaining, really think about how it might be appropriate for this coin in particular.  For one, if they really wanted to make it unfair for you, they would have created an instamine, instead of one of the fairest and slowest distributions ever.

Can we see a graph of the distribution rate?
Sure.  Here's the equation too, distributed coins = (2^64 - ((1 - 24310 * 10^8 / (2^64))^(1440*365.25*years) * 2^64)) / 10^10



Supply in Numbers:
After 1 month: ~11 Million
After 3 months: ~ 32 Million
After 1 year: ~ 123 Million
After 2 years: ~ 240 Million
After 10 years: ~ 920 Million


How does the block reward change over time?
See bitfreak's post a few posts after this one.

Didn't some guy(s) get almost 20% of the coins over the first week?
Looks like it.  This isn't an instamine though.  20% of the first week's coins mean nothing.  After 1 month, that's less than 5% of supply, and after 3 months it's close to 1% of supply.  Part of the goal of the very even and slow distribution rate was to protect from just this.  Invariably, there will be big players at different times mining lots of coins, just like with Litecoin and Bitcoin.  Like both of those coins though, there's plenty more to be mined!

That's too much dilution.  (I want more of an instamine)
If you're looking to get rich quick by buying really cheap instamined coins and selling in a few months when supply is dried up, you should look for other coins that are structured like this.  Lots of dilution is not really a bad thing for a quality coin.  A large chunk of fresh coins everyday provides liquidity, which greatly lowers variance and increases long-term stability and incentive for miners, who keep the network safe.

There's no room for investors, only the miners get rich!
Not really.  Cryptonite is similar to the distribution of Bitcoin or Litecoin, only even slower.  Bitcoin and Litecoin have the two largest market caps today.  If you bought either at the beginning though, you weren't getting rich in a couple months.  Cryptonite has a similar distribution, and therefore, likely a similar long-term investor strategy.  There is certainly huge room for investment.  You are betting that Cryptonite will get popular and mining costs/coin price will go up over time.  Will it go up in the instamined coin sense, where there is suddenly no supply? No!  The devs weren't greedy mofo's with a 3 month timeline like most other shitcoins out there.

There are too many coins!  1.84 Billion?
Seriously guys, if you divide by 100, the numbers will look very familiar to you.  Second, the number of coins has nothing to do with distrubution nor fairness.

The difficulty is way too high.  There must be a GPU already.
Go on Amazon Web Services and check out what kind of hash power you can get.  You will find that you can easily get 500 MH/sec of hashpower on there.  Most of the mining so far has probably been done on there in fact.  If you were at home, mining solo with just your laptop, your chances of finding a block are quite a bit slimmer than those with 1000 nodes on AWS.  Yesterday, there were 8000 nodes on 1GH.com.  That could easily be 100% CPUs.  Having said that, catia is working on a GPU miner which should be released soon.  

Other Good Resources
There's an entire wiki explaining in detail, the what and why:
http://cryptonite.info/wiki/index.php?title=Main_Page
Join us on IRC #Cryptonite

This coin is highly experimental and could use some quality support.  If you consider for a moment the effort going into developing this, it might be humbling to worry about something other than the price and how good of a deal you can get.  The developers are releasing new updates everyday and constantly improving the clients, but there's a lot more work that can be done.  Please, if this guide answers your questions and you still want to partake, consider also helping out, or donate.  When you realize how fair the distribution is(as impossible as that seems amidst a sea of shit scams out there), consider that maybe these devs are worth trusting.

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August 05, 2014, 01:47:05 PM
 #1120

We need GPU Undecided Undecided Undecided
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