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

[myagui]

AMD GPU miner is available now:
https://bitcointalk.org/index.php?topic=774601.0

I just hope that the AMD miners that join XCN, realize the massive potential for this little known coin, and don't just simply dump all their mined coins into the market. There's way too many dumpfarms AMD farms out there... On the other hand, I suppose that mass dumping will also increase the distribution spread, and time will tell if that is a wise decision or not. 

~ Myagui

[lucazane]

AMD GPU miner is available now:
https://bitcointalk.org/index.php?topic=774601.0

I just hope that the AMD miners that join XCN, realize the massive potential for this little known coin, and don't just simply dump all their mined coins into the market. There's way too many dumpfarms AMD farms out there... On the other hand, I suppose that mass dumping will also increase the distribution spread, and time will tell if that is a wise decision or not.  

~ Myagui

The performance is poor.
5.6 Mh/s for a 280x + the dev is taking 5 % fee of your mining.

[yellowduck2]

AMD GPU miner is available now:
https://bitcointalk.org/index.php?topic=774601.0

I just hope that the AMD miners that join XCN, realize the massive potential for this little known coin, and don't just simply dump all their mined coins into the market. There's way too many dumpfarms AMD farms out there... On the other hand, I suppose that mass dumping will also increase the distribution spread, and time will tell if that is a wise decision or not.  

~ Myagui

The performance is poor.
5.6 Mh/s for a 280x + the dev is taking 5 % fee of your mining.

Another 2% if mining at 1gh.

[crimealone]

This coin is the true innovation.
Hope amd miners could share it.

[darkota]

Supernet would be great for Cryptonite.

[iCEBREAKER]

Supernet Cryptonite  would be great for Cryptonite Supernet.

fixed 

[darkota]

Supernet Cryptonite  would be great for Cryptonite Supernet.

fixed 

True True.

[jwinterm]

What's the point of putting cryptonite on supernet? How are other coins going to take advantage of cryptonite's mini blockchain? I'm of the opinion that supernet is infeasible vaporware or possibly an outright scam, but willing to listen if someone could explain how other coins could use cryptonite's defining feature - the mini blockchain.

[Breasal]

What's the point of putting cryptonite on supernet? How are other coins going to take advantage of cryptonite's mini blockchain? I'm of the opinion that supernet is infeasible vaporware or possibly an outright scam, but willing to listen if someone could explain how other coins could use cryptonite's defining feature - the mini blockchain.

This is a great question.

I have recently found XCN and now mine (thanks gang for the AMD miner  ) because I think the "mini blockchain" is a great innovation (as well as tx malleability and withdrawal limits). I think of how to answer your question. If and only IF XCN's mini chain could be applicable to ALL coins in the teleporting network - that's value added. An a non-technical (non-coder) person, I don't know how this can be done. However, I do know jl777's vision is to integrate a "dark" network with all the best features of alts.

The four coins now part of the core are BTCD (teleport tech), BBR (onion routing for anon entry into teleport), VCN (fiat <--> coin conversion), and of course NXT for his other tech: privacybet, instadex, mgw, etc. Now, if the XCN tech of miniblockchain could be added to these ideal technologies/BTC improvements, then of course this would be huge for supernet.

I ramble and do not answer your question: smarter people than I need to explain this possibility. But I agree that XCN could improve greatly the supernet, whatever it is or will be...

Edit: is it too much to ask bitfreak! to ask james via PM about this possibility? Last I read, bitfreak! was against an integration idea...is this true?

Edit 2: maybe the supernet is seen by devs as "greed driven trend" as explained in the OP?

Edit 3: just found this post...

OK, it seems clear no interest

Supernetwork IPO on Poloniex
https://bitcointalk.org/index.php?topic=762346.msg8592943#msg8592943

I didn't say I had no interest in the whole supernetwork thing, that does seem like an interesting idea. I just don't think the anonymity scheme you have developed is very compelling, it has too many assumptions which will never hold true in the real world, double spending prevents it from working as you imagine.

So maybe it's more about supernet currently being vaporware. Are you certain about this double spend issue?

[me]...continuing to read this tread[/me]

[suchnekky]

I have already suggested thr idea to james, he was interested and personlly brought up a few XCN. but I can understand how bittfreak is a bit sceptical, as btcd has nothing released yet, nothing functional.

But in my mind, btcd and xcn would be a perfect combination, no blockchain bloat combined with anon. Perfect

[AizenSou]

I have already suggested thr idea to james, he was interested and personlly brought up a few XCN. but I can understand how bittfreak is a bit sceptical, as btcd has nothing released yet, nothing functional.

But in my mind, btcd and xcn would be a perfect combination, no blockchain bloat combined with anon. Perfect

Unfortunately I haven't had the chance to witness James's coding skill, but his marketing skill is truly outstanding as a coder. I read his SuperNet whitepaper yesterday and still can't believe it comes from a coder. Yes to be honest one side of mine is hungry to buy the Token, but another side is just sceptical too.

[LOL1993]

I still buy and try to mine more,just like BURST i think XCN is really a innovation pproject and the price is so low.

[Tikoloshe]

great idea we need this coin on bittrex

[OrientA]

What is the difference between XCN is mini blockchain and BBR is small chain? Which one is more efficient?

[heskey]

What is the difference between XCN is mini blockchain and BBR is small chain? Which one is more efficient?

BBR still uses a standard blockchain concept. They only trim away some of the ring signatures, but they still store the complete blockchain. Cryptonite only keeps the last 10,000 blocks.

[OrientA]

XCN generates 3BTC coins per day. The volume at Poloniex is only 0.4 BTC per day and the price is maintained at 870 satoshi, it means that most miners are not selling.

[enerbyte]

any news about the block explorer?

[nuaaxuzhi]

when will the AMD miner be released?

[Jungian]

when will the AMD miner be released?

Already is.

https://bitcointalk.org/index.php?topic=774601.0

[zelante]

any news about the block explorer?

as alternative you can use webwallet built-in explorer
https://bitcointalk.org/index.php?topic=713538.msg8658309#msg8658309