Louisd’or(codename)- first anonymous PoS, CN-based currency (technical review)

[@bb]

We all want cryptonight  

Well, we concidered cryptonight as option but finally we decided to go in different way, but still - it's not e kay feature of this project.
BTW, current implementation of PoS is significantly changed compared with that was shared in public repo.

Zoidberg

So to confirm, this will no longer be a cryptonight PoS coin?

Dont worry because the protocol still cryptonote much more advanced than bitcoin.

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[NoobKidOnTheBlock]

So has this coin been released yet? Are we able to start mining it yet? Let me know please and thank you

[@bb]

PoW hash has been changed, it's not a criptonight and it's not WildKeccak - it's well known hash with opens source gpu miners.

Zoidberg

Any known hashfunction is fine, just make sure it already well optimized imho, if possible even when the asic of the hashfunction will be made there are no room or just little room to crank up performance.

What about the scratchpad? Still use it or not?

Nope, for PoW we use common approach with usual hash function.

Zoidberg

But without scratchpad it will be easy target as sitting duck for asic development isnt it?

[NoobKidOnTheBlock]

So when exactly are you guys looking to launch this coin? Sounds pretty interesting to say the least

[crypto_zoidberg]

We all want cryptonight  

Well, we concidered cryptonight as option but finally we decided to go in different way, but still - it's not e kay feature of this project.
BTW, current implementation of PoS is significantly changed compared with that was shared in public repo.

Zoidberg

So to confirm, this will no longer be a cryptonight PoS coin?

PoS have no relation with cryptonight hash function.

I guess there is a confusing with names:
cryptonight - it's just a name of PoW hash function(asic resistant - 2mb scratchpad, modern cpu instruction set).
cryptonote - it's a name of technology that makes cryptocurrency anonnymous (ringsignatures+stealth address)

Our project is still first anonymous CryptoNote-based PoS.


Zoidberg

[jwinterm]

We all want cryptonight  

Well, we concidered cryptonight as option but finally we decided to go in different way, but still - it's not e kay feature of this project.
BTW, current implementation of PoS is significantly changed compared with that was shared in public repo.

Zoidberg

So to confirm, this will no longer be a cryptonight PoS coin?

PoS have no relation with cryptonight hash function.

I guess there is a confusing with names:
cryptonight - it's just a name of PoW hash function(asic resistant - 2mb scratchpad, modern cpu instruction set).
cryptonote - it's a name of technology that makes cryptocurrency anonnymous (ringsignatures+stealth address)

Our project is still first anonymous CryptoNote-based PoS.


Zoidberg

I guess it' a little late to be first now, since Pebblecoin has already implemented Delegated-PoS, which I guess you can argue isn't really pure PoS, but it's certainly not PoW anymore...

[crypto_zoidberg]

I guess there is a confusing with names:
cryptonight - it's just a name of PoW hash function(asic resistant - 2mb scratchpad, modern cpu instruction set).
cryptonote - it's a name of technology that makes cryptocurrency anonnymous (ringsignatures+stealth address)

Our project is still first anonymous CryptoNote-based PoS.


Zoidberg

I guess it' a little late to be first now, since Pebblecoin has already implemented Delegated-PoS, which I guess you can argue isn't really pure PoS, but it's certainly not PoW anymore...

Pebblecoin is interesting project, but i'm not sure it's combined good with cryptonote technology: as i figured out "delegate" should somehow "freeze" part of his money (stake) and then other users can vote for this delegates. But, as i understand (correct me if i wrong) anyone could use this "freezed" coins in mixins and after that you can't say for sure if that "freezed" money was spent or not. (that info that we could find from documentation)

So the anonymity and delegates should have some issues. But still, if this project supports anonymous PoS mint - than ok, I take it back.


Zoidberg

[cryptonoob312]

still waiting on this one. 

[NoobKidOnTheBlock]

Ya I'm very interested into getting some of these coins once they launch it Is there any specific date that the Devs have in mind for when they are planning on launching this coin?

[crypto_zoidberg]

Hello everybody!
Here is the draft of emission curve for "Lui" project:



Script with formulas:
http://jsfiddle.net/dubqvwje/

In first 3.5 year will be emitted significant part of money, and then, after this period of 3.5 year emission will be about 0%-2% of whole money per year.

First 4 months will be only PoW blocks(1 block per 4 minutes), and then started PoS bocks (at height > 60000), PoS blocks have also target time 1 block per 4 minutes, so summary will be 1 block in 2 minutes(avrg).
100 000 000 coins reserved for project support ("premine").

Public betta is coming soon!



Zoidberg&Co

[sonoIO]

Hello everybody!
Here is the draft of emission curve for "Lui" project:



Script with formulas:
http://jsfiddle.net/dubqvwje/

In first 3.5 year will be emitted significant part of money, and then, after this period of 3.5 year emission will be about 0%-2% of whole money per year.

First 4 months will be only PoW blocks(1 block per 4 minutes), and then started PoS bocks (at height > 60000), PoS blocks have also target time 1 block per 4 minutes, so summary will be 1 block in 2 minutes(avrg).
100 000 000 coins reserved for project support ("premine").

Public betta is coming soon!

Zoidberg&Co

Hi crypto_zoidberg, doe1138 & rest of the team,

That is very interesting emission curve Lui will have. More i look at it it makes more sense.

For start i have following questions. Could you please elaborate on how 100 000 000 project support coins will be spent? Do you consider them for rewards for hackatons and other contributions to the project, and for marketing? Beside putting food on core-dev team tables naturally.

[myagui]

Do I read the graph correctly, that well past the 1 year mark, the premine still accounts for more than 50% of all coins in existence?
Unless there is some wide distribution scheme early on (ICO?), this looks like a really sweet deal, but just not for everyone, if you know what I mean ... 

Such a fat premine also holds the anonymity set hostage, unless I'm missing something. I'll avoid further comments as this project looks headed in a direction that voids my prior interest. Best of luck anyhow!

[LucyLovesCrypto]

Hello everybody!
Here is the draft of emission curve for "Lui" project:



Script with formulas:
http://jsfiddle.net/dubqvwje/

In first 3.5 year will be emitted significant part of money, and then, after this period of 3.5 year emission will be about 0%-2% of whole money per year.

First 4 months will be only PoW blocks(1 block per 4 minutes), and then started PoS bocks (at height > 60000), PoS blocks have also target time 1 block per 4 minutes, so summary will be 1 block in 2 minutes(avrg).
100 000 000 coins reserved for project support ("premine").

Public betta is coming soon!



Zoidberg&Co

I think I speak for most people when I say this:

1. Your early work with BBR has proven you to be a good developer and your ideas for "Lui" sound interesting!

2. The premine is way too large. With that emission schedule there is no long term incentive to keep working and innovating for years (which would be the only way to justify that premine as a percentage of the early emission schedule). You could just do great work early, sell your coins for a good price and then abandon the project.  You started out well with Boolberry but have not done any work for many months (at least according to Github). Perhaps if you become active with Boolberry again people would trust you more with this project. Trust is needed for long term support when you are asking for such a large premine

Here is a post you made on Jan 31:

"Happy New Year friends!
Sorry for long delay with new version, we(me, Bitcrea, Scruffy) still finalizing and fixing bugs in new build. Hope it will come in next week.
I want to wish a luck to evey person related with crypto, i hope we are making this world better!
Zoidberg"

https://bitcointalk.org/index.php?topic=577267.msg9995863#msg9995863

We are still waiting. Please come back to the Boolberry thread. I think you will find that most Boolberry supporters will also support this project if you continue to innovate with Boolberry as well. Right now many people feel abandoned

[NoobKidOnTheBlock]

So sorry to bother again but when exactly will this coin launch officially? I'm just curious because I've noticed all the hard work that you guys have been putting into making this coin the way you want it so I'm excited to get on it when it launches Cheers

[louisdor]

Hi guys!

Premine allow us to test PoS correctly. This is only a draft of emission curve for Alpha and public Beta testing (Actually we will change emission curve one more time before Beta). We will give coins to everybody who wants to test it.

There is no one opinion about the size of premine and neccessary to do it  in our team.

Before launch we will post all information about the project. We still have a lot of work to do.

Louis d'or team.

[sonoIO]

Hi louisdor,

Can we have code that can run wallet (and PoS node) on 32 bit OS please? Hopefully you'll incorporate some database format before it will need 4GB of RAM to operate

[louisdor]

Hi louisdor,

Can we have code that can run wallet (and PoS node) on 32 bit OS please? Hopefully you'll incorporate some database format before it will need 4GB of RAM to operate

Hi,
we work on it.

[louisdor]

So sorry to bother again but when exactly will this coin launch officially? I'm just curious because I've noticed all the hard work that you guys have been putting into making this coin the way you want it so I'm excited to get on it when it launches Cheers

Hi,
we work hard to launch this summer.

[jwinterm]

Do I read the graph correctly, that well past the 1 year mark, the premine still accounts for more than 50% of all coins in existence?

Sounds about as shady as some bullshit named zerovert... 

[vaporware asset wizard]

Is there any chance Louis'or ends up in SuperNET? if bbr is part of SN, why not Louis'or?