### A ChainWorks Industries (CWI) Project - Granite | Simple Solid Stable | GRN

[pallas]

http://www.engadget.com/2015/12/07/sikur-granitephone-secure-encrypted-smartphone/

Time for the android wallet? :-)

[chrysophylax]

http://www.engadget.com/2015/12/07/sikur-granitephone-secure-encrypted-smartphone/

Time for the android wallet? :-)

hehehe ...

have been looking at a dev that will create both adroid and ios wallets ...

but this thing is another dimension altogether - and it uses our name ... woohoo ...

maybe we need to get in touch with them ...

tanx for the headsup ...

#crysx

[chrysophylax]

hi all ...

wishing you a very happy christmas and a great new year ...

ill be away for a few days - until the new year - and will start work again on granite - its infrastructure - and the entire ecosystem when i get back ...

so many things happening next year ... some already underway - some just starting - some planned ... all will start to take shape ( and some released ) in the coming months ...

i have been helping a few other coins out ( as some of you have already seen ) in certain areas - which has taken some of my time ( for example - mtr - bst - drz ) - but have always been working on granite ... the continuous work on granite will NOT change - this is my baby ...

our small community of investors and traders - miners and followers - will see things start to take shape in ways that will pave the way to make some of the ideas we have into a reality we can see and feel ...

the end of january will see the solid establishment of the granite team ... people that have helped out and continued with the work for granite - who have now committed more time for the evolution of the ecosystem ... its a small team so far - but names will be published as the core team - and also those that give their time and effort to help with the growth of the granite ecosystem by designing / developing / improving the components they are specialists in ... contractors and team members alike ...

the granite forum is now the home of not only updates - but also releases - and the website will have a full update shortly ... bct will obviously be frequented often - but the majority of the news will be on our forum ... same with giveaways - competitions - community involvement ( some of which are forbidden bitcointalk ) ... we would like to see you there - and involved ...

have an awesome christmas and new year - and will see you on the other side ...

#crysx

[mik57]

Thank u Chrys !

Happy new year 2016 for u, the community and the GRANITE COIN !!

 

[bhokor]

I hope 2016 will be a great year for granitecoin, i think we need some exposition out of the bitcointalk, go beyond than techno enthusiast, to the mainstream market

[chrysophylax]

Thank u Chrys !

Happy new year 2016 for u, the community and the GRANITE COIN !!

 

tanx mik57 ...

lots happening next year ... including expansion into bigger and better premises after march 2016 ...

I hope 2016 will be a great year for granitecoin, i think we need some exposition out of the bitcointalk, go beyond than techno enthusiast, to the mainstream market

thats one of the things we are working ... an idea i had a while ago - which will be worked on heavily in the next couple of months ... this will be the prelude of themarket - and all it has to offer ...

until then - njoi the time you have until work starts heavily again ... ill be back full time in the second week of january 2016 - ie after jan7 2016 ...

will check back intermittently before then ...

see you all soon ...

#crysx

[mik57]

Good news #crysx, thk u !  

[mik57]

@ #crysx :

I must have missed something ...

what is the "bonus" on your official pool ?  

Thank u in advance.

[chrysophylax]

@ #crysx :

I must have missed something ...

what is the "bonus" on your official pool ?  

Thank u in advance.

the bonus is the mining bonus given to any miner that hits a block ... as well as an overall mining bonus for every block that grn-pool hits for ALL miners as a share to ALL miners ...

these bonus amounts are 7grn for the miner for EVERY block that they hit - and another 7grn total distributed to ALL miners on the pool for helping hit that block that grn-pool hit and is shared / split amongst all the miners ...

so 7grn to the miner + part of 7grn to the total pool + NO fees on ANY of the services provided by the pool = a few bonuses every single time a block gets hit on grn-pool ( even if its not you that hits the block ) ... and NONE of the bonuses come from the block rewards - the bonuses come from the POOL reserves ( when we did charge 1% fees - and any of the donations that the miners donate ) ...

the reason i had this changed to this model from the fee model is two fold ...

first - to entice more miners to the pool itself - with zero fees + bonus block rewards + bonus pool rewards ...
second - to allow a 'fair' way of distributing the coins that are available from mining with us on our official pool ...

the pool now relies on donations from the mining ONLY - and not any fees ... i think thats the best way to work with mining as ALL miners ( as you know im one of them ) have enough fees and costs attached to mining in the 'real' world - without having to be slugged again from the coins they are supporting by mining them in the first place ...

part of the plans that are in place ( and some have already started ) that will be implemented in 2016 for granite is based on this same structure and philosophy ...

if fees can be cut down to bare minimum - they will be ...
if fees can be placed strategically for the benefit of the miner - they will be ...
if fees can be cut out altogether for the miner and the user alike - they definitely will be ...

a comment i responded to on another thread i frequent ( and a good one at that ) hints on just the 'skim of the surface' of what plans are in place for granite ... this is the thread comment ( but i will copy below ) ... https://bitcointalk.org/index.php?topic=864994.msg13377588#msg13377588 ...


-------

Which altcoins have the most nodes?

I saw this article which looks into concerns about the number of bitcoin nodes and got to wondering how many nodes the various altcoins have?
http://bitcoinist.net/btcc-deploys-full-bitcoin-nodes-to-keep-network-secure/

granite has 23 nodes currently on the latest compile of granite ( 1.0.2.0 ) - 16 of which are granite owned - operated - and maintained ... with another 9 on the previous versions ...

so far - the node list has grown quite rapidly these last few months and we hope will continue to do so - due to the major change we will be undertaking in 2016 and the granitenode system we will be implementing ...

once this system is in place - the nodes will carry a certain number of granite coins as a minimum to become a full granitenode ( a masternode with PoS earnings ) and continue to accrue coins via the node ... a simple system to incentivize granitenode adoption - but also a way to help make it easier to make the consensus rules for the network ...

ultimately its about stabilizing the network - but it is also about allowing the creation of an application layer for future apps to 'sit' and function on ...

a lot for the future of granite - but all will be revealed on both bct thread and the granite forum thread - alongside the projects that will be integrated into the granite ecosystem ...

bct thread - https://bitcointalk.org/index.php?topic=718939 ...
granite thread - http://granitecoin.com/forum/index.php?topic=15962 ...
associated grn project - https://bitcointalk.org/index.php?topic=1089744 ...

we hope that the nodes will reach 700 and more by the end of 2016 ...

#crysx

-------

so the bonus grn that is given - is given as a tanx for the use of ( and subsequently the support of ) the official granite pool - http://grn-pool.granitecoin.com/ - AND also as a tanx for supporting the network by using your valuable resources as a miner to mine here as well ...

i havent finished building the infrastructure for granite yet - and the ecosystem is growing slowly but surely ... which is the best way to be in my opinion ... grow organically and implement the features that benefit those that are involved with granite ... ie - the miners - the traders - the users ... and that includes me also - as ive been a miner of granite since ( almost ) the very beginning - so i KNOW what miners and traders go through ...

yup - ive written another novel as a response to you mate ... hehehe ...

ill be back on deck after the first week of january ( jan7 ) full time again ... the next few months after that will be some very very hard work ...

#crysx

[mik57]

GOOD philosophy ! I like this.

Thank U !

[chrysophylax]

hi all ...

have a happy new year - and may 2016 be a very fruitful and eventful one that brings smiles and lots of laughter ...

we all have bad times - we all have good times ... we all have seen others hurt - and laugh - and cry ... we have all felt these emotions and gone through the thick and thin of life in general ... we are all a part of this great thing called life - and we are all players in the game of it ...

life is sweet and warm if you let it be - life is bitter and cold if you let it be ...

i live by a few sayings - but one that i live by that is truer than all ... a saying by henry ford ( if i remember correctly ) ...

'whether you think you can , or you think you cant - you are right!' ...

lets be the ones that bring 2016 into the light of life - and think that we CAN much much more often than thinking we cant ...

so much planned - so much in store - so much to be done ... and we CAN ... we just need to find the way to ...

as long as we THINK - we do ... we are right ... negative or positive - we are right ...

njoi your night - day - and all that comes forth from the coming days and year - and the years that come thereafter ...

think well - think positive - think imaginative ... it will happen ...

happy 2016 all ...

#crysx

[mik57]

Happy new year 2016 ! Great year for GRN 

[chrysophylax]

Happy new year 2016 ! Great year for GRN 

it is mik57 ...

in the following weeks - we will be announcing the people that will be part of the team in 2016 that will be working and helping on the granite ecosystem this year ...

a new update soon ...

#crysx

[crackfoo]

chrysophylax... you wanted to hear from me?

[CryptoCanary]

I would like to personally express my sincere gratitude to granite and crysx for helping the newly launched x15 pow/pos coin, evergreencoin with the donation of 3 seed nodes.

In a time when it is common place to see coins spreading hate for eachother, I do find it inspiring to see such generosity coming from another coin. I do agree with crysx in his mentality of a joint effort in crypto and do think we will reach our common goals much easier united rather than divided. I do eagerly await the opportunity to repay this favor.

If you have not yet heard of EverGreenCoin, please visit our thread linked above or see our website to learn more if you wish. EGC is a coin that is supporting our planet's environment. Through renewable energy mining operations, reforestation, and wildlife rehabilitation, we think we can put the 'eco' in economics. We have very ambitious ideas and soon will be announcing partnerships that will facilitate these ideas. You, reading this as a granite community member, can feel very welcome to the EGC community as this generosity will not go forgotten by the EverGreenCoin team or community. Again, thank you kindly.

Granite and evergreen. Crypto united for our common goals. Sounds... peaceful.

Steven Saxton
EverGreenCoin
Lead Developer and Foundation Founder

[chrysophylax]

hi all ...

so many things have been happening and so much going on - all tied in with what has been planned ...

i will respond in full very shortly to the wonderful comments ( and promotion ) that evergreencoin posted above - and also bring an update to what has been happenning and what has already been brought out to enhance the granite ecosystem ...

for the time being though - it looks like we will have ONE more chance to earn ourselves some hefty grn - due to the last bonus block that is about to hit ...

block number 262799 will contain the very last of the 100,000grn as a it remains as the very last bonus block in the blockchain ...

its almost upon us - and those who hit the block will share in the granite riches it will bring ...

the code ( below ) also shows that the very NEXT block 262800 is the halving block ... so from there on until the next halving - there will be 50grn as a block reward - not 100grn ...

-------

    else if (nHeight == 100000) //bonus block reward nHeight
    {
        int64 nSubsidy = 100000 * COIN;
        return nSubsidy + nFees;
    }
    else if (nHeight == 150000) //bonus block reward nHeight
    {
        int64 nSubsidy = 100000 * COIN;
        return nSubsidy + nFees;
    }
    else if (nHeight == 262799) //bonus block reward nHeight
    {
        int64 nSubsidy = 100000 * COIN;
        return nSubsidy + nFees;
    }

    // Subsidy is cut in half every xxxx blocks
    nSubsidy >>= (nHeight / 262800);

    return nSubsidy + nFees;
}

-------

so get mining if you want a share in the 100kgrn block - or the whole lot if you are solo mining and are lucky enough to hit the block yourself ...

dont forget that if you mine on the official granite pool - there are no fees and more bonuses ontop of the coin you mine ...

more updates soon ...

keep mining - smile lots - and have fun ...

#crysx

[chrysophylax]

approx 600 more blocks till the very last bonus hits - 100,000grn ...

keep mining & good luck ...

#crysx

[chrysophylax]

and block halving the very next block - no more 100grn per block ...

will halve to 50grn per block ...

#crysx

[Union0069]

 Hi all, as the great reward is almost upon us I have a question. I'm not quite a fool, but I'm not wise in the ways of crypto and hashing either. I've been mining GRN with just my CPU and cgminger. It's really just a hit and miss deal from what I can tell. I get about one share at 55kh every three blocks or so. I really would like to work on the reward block, so can y'all offer any advise to improve my hashing before then? Thanks in advance.

[logocreator]

Hi all, as the great reward is almost upon us I have a question. I'm not quite a fool, but I'm not wise in the ways of crypto and hashing either. I've been mining GRN with just my CPU and cgminger. It's really just a hit and miss deal from what I can tell. I get about one share at 55kh every three blocks or so. I really would like to work on the reward block, so can y'all offer any advise to improve my hashing before then? Thanks in advance.

I think you must buy several gpus. You can't compete with your cpu.