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Author Topic: [ANN][CAGE] CAGECOIN REVIVAL: New difficulty algorithm, network moving again!  (Read 51513 times)
almightyruler
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August 11, 2014, 08:59:08 AM
 #1

*** NEW VERSION RELEASED. MANDATORY UPDATE. ***






Hi, I'm almightyruler, and I've just revived CAGE. The network died about 2 months ago because of a flawed difficulty retargeting algorithm, and has been stuck at a high and very unprofitable difficulty since then. I've updated the client to use a more reliable per-block retargeting algorithm, so we can finally get back to mining!

Download:

Windows QT client: https://www.dropbox.com/s/920q4jl9hp32mp3/cagecoin-qt.exe

Windows daemon/text client: https://www.dropbox.com/s/x1w1f4fb666ujsp/cagecoind.exe

Source code: https://www.dropbox.com/s/764o8rz3llbi7eb/cagecoin-0.7.0-src.zip


Simply copy (or compile) this version over the old one. It is compatible with the existing wallet and blockchain database.

If you're a first time user, then on Windows all you need to do is run cagecoin-qt.exe. The client will set up the necessary databases.

Important: If you have had your old CAGE client running any time in the past 24 hours, you should delete peers.dat before starting the new client.

Features of the new version:

- Blockchain preserved. All previously mined blocks and transactions remain valid.
- Difficulty algorithm changed to per-block retargeting past block 156042, to avoid network getting stuck again
- Two seed nodes brought online, so clients can sync without needing any configuration (no need to mess with addnode)
- Peer finding via IRC improved
- Checkpoints added
- Fair relaunch (no instamine)

This is a HARD FORK, so you will not be able to mine, transact, or do anything useful unless you use this version.

Note about fair relaunch: the first 2880 blocks (approximately 48 hours) after the fork each have a reward of exactly 1 CAGE. This is to allow the network to reach equilibrium without people instamining and benefiting from the very low difficulty on the way up. After 2880 blocks, the rewards will return to normal amounts (currently random 0 to 500000 CAGE)

Since this is a relaunch I don't have any premine or instamine funds. Please consider donating for my time: DkCQGZ2qaDbxGSj18BkKrkfcFs1McicH1h

Specifications:

Algorithm: scrypt
Block time: 60 seconds
Difficulty retarget: every block
(original retarget was every 4 hours, which is what stalled the network)
Maximum supply: 100 billion CAGE
Reward block 1-100000: random 0 to 1000000 CAGE
Reward block 100001-200000: random 0 to 500000 CAGE
Reward block 200001-300000: random 0 to 250000 CAGE
Reward block 300001-400000: random 0 to 125000 CAGE
Reward block 400001-500000: random 0 to 62500 CAGE
Reward block 500001-600000: random 0 to 31250 CAGE
Reward block 600001 and on: fixed 10000 CAGE


Pools:

http://cagecoinpool.com/
https://aikapool.com/cage/

Exchanges:

https://www.cryptopia.co.nz/Exchange/?market=CAGE_DOGE
https://www.cryptopia.co.nz/Exchange/?market=CAGE_DOT
https://www.cryptopia.co.nz/Exchange/?market=CAGE_FTC
https://www.cryptopia.co.nz/Exchange/?market=CAGE_LTC
https://www.cryptopia.co.nz/Exchange/?market=CAGE_UNO
https://www.cryptopia.co.nz/Exchange/?market=CAGE_XMR

https://www.novaexchange.com/market/BTC_CAGE/
https://www.novaexchange.com/market/LTC_CAGE/
https://www.novaexchange.com/market/DOGE_CAGE/
https://www.novaexchange.com/market/KIC_CAGE/
https://www.novaexchange.com/market/ESP2_CAGE/
https://www.novaexchange.com/market/PIGGY_CAGE/
https://www.novaexchange.com/market/MOON_CAGE/

https://www.coingather.com/exchange/CAGE/BTC
https://www.coingather.com/exchange/CAGE/LTC


Website:

http://cagecoin.net


Block explorer:

http://cagechain.info/chain/Cagecoin


Let's get the word out that CAGE is back!

Original thread (most of the old links and services are dead) : https://bitcointalk.org/index.php?topic=394958.0
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sammy007
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August 11, 2014, 09:01:45 AM
 #2

Oh, hippo =) I mined it for fun using CPU. It was so long time ago...

almightyruler
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August 11, 2014, 09:02:17 AM
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We badly need a pool so that people don't have to fool around with solo mining. I don't have any CAGE at all, so perhaps someone else with a decent balance could offer a bounty?
almightyruler
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August 11, 2014, 09:03:21 AM
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Oh, hippo =) I mined it for fun using CPU. It was so long time ago...

Right now you could mine it with a CPU, since you'd be pretty much the only one, but due to the fair relaunch code you won't really make anything. Smiley
DimaziK
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August 11, 2014, 11:00:10 PM
 #5

We badly need a pool so that people don't have to fool around with solo mining. I don't have any CAGE at all, so perhaps someone else with a decent balance could offer a bounty?

Many thanks)))
My coins on coinedup.
As they will open a conclusion I surely you I will thank! !
Leave your CAGE address.
almightyruler
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August 12, 2014, 01:12:06 PM
 #6

Have just read that coinedup have installed the new daemon. You should now be able to withdraw your CAGE!

I have a small amount of hash going (a single 5 chip gridseed @370kh/s) to confirm transactions.

In just under 24 hours the network will start minting normal reward blocks again, so get your miners ready. Cheesy
Bfljosh
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August 12, 2014, 01:17:11 PM
 #7

This coins was very dead. Why do you revive it?
DimaziK
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August 12, 2014, 01:17:48 PM
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We badly need a pool so that people don't have to fool around with solo mining. I don't have any CAGE at all, so perhaps someone else with a decent balance could offer a bounty?

It is your address CAGE?  DkCQGZ2qaDbxGSj18BkKrkfcFs1McicH1h
swordfish6975
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August 12, 2014, 01:24:24 PM
 #9

ive got a pool going will post the url in 10 hours or so

had to patch cagecoind to have submitblock


need a block explorer lol

>>>>  Physical Bitcoin And Altcoin Price Ticker Screen - http://afkdata.com <<<<

                    http://cryptofolio.info  - google finance of cryptos
almightyruler
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August 12, 2014, 01:59:14 PM
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This coins was very dead. Why do you revive it?

Couple of reasons.

1. The coin died due to a technical issue (flawed retargeting setting difficulty impossibly high after a major hash increase) rather than people just abandoning it.

2. People had balances at coinedup that could not be withdrawn, because the network was not minting blocks.
ObscureBean
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August 12, 2014, 02:10:42 PM
 #11

Why not re-brand? I know this coin from around the beginning of the year. It wasn't very popular then, what makes you think it'll attract investors now?
Ho
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August 12, 2014, 02:26:46 PM
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Many thanks ))
drubs
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August 12, 2014, 11:53:10 PM
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Great work, thanks, glad I am able to get them from Coinedup. Here is to the return of CAGE.
yanglei504
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August 13, 2014, 12:37:21 AM
 #14

please remove the damn head in the wallet Sad
swordfish6975
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August 13, 2014, 02:17:10 AM
 #15

 430 blocks before rewards resume!

>>>>  Physical Bitcoin And Altcoin Price Ticker Screen - http://afkdata.com <<<<

                    http://cryptofolio.info  - google finance of cryptos
Bluis Jan
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August 13, 2014, 03:25:58 AM
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need a block explorer

acckill
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August 13, 2014, 03:52:31 AM
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wonder if a exchange will pick this coin back up
swordfish6975
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August 13, 2014, 09:14:58 AM
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>>>>   http://cagecoinpool.com   <<<<  pool is now here



see help -> geting started down the side

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almightyruler
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August 13, 2014, 10:05:25 AM
 #19

Rewards are back to normal now. Get mining if you want to earn some CAGE. Smiley
devvienuis
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August 13, 2014, 10:56:00 PM
 #20

Congratulations!! DM me if you would like to have some support promoting in return for bounty - I always loved the coin and I was just looking for a working wallet! (Mintpal removal ;-))

I will contact them asap and just give them my new wallet address, no?

Thank you!

https://twitter.com/devnullius/status/473478554580443137
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