[ANN] BitBean | Innovative PoS | Scalability | No IPO | No premine

[nokat]

New thread https://bitcointalk.org/index.php?topic=969676.0

Launched 11:00 PM UTC February 13, 2015



Download the wallet or build from source from:
Windows: https://mega.co.nz/#!zR0UADxC!U5SABNbX5BfnoSMcaoxecj23hct8REIhz2CYRJlg27g
Linux: https://mega.co.nz/#!HAVCDJLA!vrr9EVVH1i2lQLmawB6fX2HUJp3yqxC6XNu018Mk9tE
Source: https://mega.co.nz/#!CBFTCL6A!WOjSA7FGLLz0InlYXZBCzXdG6v063adSsY_IZQt9Rbo
Github: https://github.com/nokat/bitbean
You can also use a web wallet on https://www.coinwallet.co



Freenode IRC Channel: #bitbean



Block explorers:
http://www.blocktree.io/charts/BITB
https://chainz.cryptoid.info/bitb/
http://cryptobe.com/chain/BitBean



Exchanges:
https://alcurex.org/index.php/crypto/market?pair=BITB_BTC
https://bittrex.com/Market/Index?MarketName=BTC-BITB
https://cryptnz.com/trade/BITB/BTC
https://www.cryptsy.com/markets/view/BITB_BTC



Many altcoin have come and gone. Some were good but they all have/had problems.
Bitbeans is the result of wanting to create a real alternative currency.

About Bitbean's Proof of Work phase:
SHA-256 asic mining is energy efficient so it was chosen as the algorithm for the pow period.
After it's initial distribution of 10000 blocks containing 100000 coins each to people mining all around the world, Bitbean becomes a pure proof of stake coin. PoS was active during PoW so about a third of those 10000 blocks were proof of stake blocks so the money supply is less than 1 billion.
Proof of Work is a great way to distribute coins to people. It is better than making an IPO where almost always the developers and insiders buy all the coins from them selfs making them essentially massively premined coins. Bitbean had no premine or IPO at all!

About Bitbean's innovative Proof of Stake:
Its Proof of Stake is different from other coins. In addition to only giving all coins that have over 6 hours age only 6 hours of age in the PoS calculations, the blocks which are found are static blocks similar to PoW. Each PoS block is 1000 coins.
This is a much better form of proof of stake than giving % interest.
Coins are supposed to be a payment system. Bitbean's PoS encourages people to actually process transactions instead of hoarding their coins and only process a transaction once in a blue moon to only collect their interest which is not a good method for making a payment system.

Scalability:
Bitbean is pro Gavin's proposal for the Bitcoin 20 megabyte fork.
So Bitbean already made it's maximum block size 20 megabytes!

Other info:
The community has chosen BITB as the ticker
Transaction fee is 0.01 BITB
Target Blocktime is 1 minute
Time to Maturity is 110 Confirmations
Port is 22460.
And default RPC port is 22461.

Sample BitBean.conf file:
Or download a conf file https://mega.co.nz/#!eF1m1RbT!Pq7ET_G4MlmjbUX4FzrWbxC7EfADlmVihK0jziFV8eQ

Code:

#Only uncomment this if you don't want to stake
#staking=0

server=1

rpcuser=user

rpcpassword=password

rpcport=22461

port=22460

addnode=100.4.165.154
addnode=104.222.117.197
addnode=104.34.30.248
addnode=104.43.194.6
addnode=107.140.102.35
addnode=107.15.79.154
addnode=108.192.161.157
addnode=108.199.229.161
addnode=108.209.233.207
addnode=108.96.188.48
addnode=109.185.151.67
addnode=109.192.127.133
addnode=109.242.246.131
addnode=110.170.30.222
addnode=110.174.193.68
addnode=118.92.245.177
addnode=119.193.237.10
addnode=120.150.253.184
addnode=121.1.55.119
addnode=124.149.29.41
addnode=124.150.118.27
addnode=124.150.77.130
addnode=128.199.166.129
addnode=134.249.213.109
addnode=137.135.57.119
addnode=139.216.46.233
addnode=139.216.7.99
addnode=141.136.210.96
addnode=142.179.7.102
addnode=144.76.239.66
addnode=144.76.64.123
addnode=151.16.207.252
addnode=162.253.131.154
addnode=173.79.113.211
addnode=174.128.251.3
addnode=176.182.122.170
addnode=180.154.216.230
addnode=192.99.0.112
addnode=193.219.117.63
addnode=195.59.157.65
addnode=199.48.241.181
addnode=2001:41d0:8:c760::1
addnode=202.62.16.75
addnode=204.11.237.233
addnode=206.132.52.29
addnode=206.255.73.147
addnode=212.195.252.142
addnode=24.113.234.10
addnode=24.162.155.253
addnode=24.166.127.28
addnode=24.2.233.81
addnode=24.220.128.119
addnode=24.225.216.44
addnode=2601:6:3180:3f4:18bc:2a41:d8e8:1754
addnode=2602:306:3924:4780:39f4:ffbe:9d12:e152
addnode=2602:306:3924:4780:9021:c964:4c68:ae10
addnode=2602:306:3924:4780:fd7c:33bc:413:5a68
addnode=2602:306:b8c6:6230:18a0:7cd6:695f:62d1
addnode=2602:306:b8c6:6230:9011:8461:bec6:d7e7
addnode=2602:306:b8c6:6230:dd5b:47e1:6257:5563
addnode=2602:306:cc7e:5a10:40f7:1bfb:28bc:a640
addnode=2602:306:cd1e:9cf0:1025:7b94:1ed:22a0
addnode=2602:306:cd1e:9cf0:cddf:ad0b:253a:776c
addnode=2605:6000:5385:8400:cdff:2969:d210:a7f
addnode=2605:e000:141d:4355:131:18b5:7697:137a
addnode=2a01:4f8:191:7377::2
addnode=2a02:7aa0:1619::efc:5a9d
addnode=46.59.215.51
addnode=47.54.43.79
addnode=49.145.196.172
addnode=5.135.190.96
addnode=50.14.59.66
addnode=50.32.106.61
addnode=50.50.145.61
addnode=50.71.230.147
addnode=52.1.59.96
addnode=52.10.140.185
addnode=58.6.140.189
addnode=58.7.43.25
addnode=62.210.86.101
addnode=64.228.195.153
addnode=66.168.29.225
addnode=66.215.60.93
addnode=67.163.178.74
addnode=68.185.221.236
addnode=68.52.134.36
addnode=68.96.191.5
addnode=69.204.47.238
addnode=70.190.27.57
addnode=71.192.192.88
addnode=71.228.168.249
addnode=71.56.38.220
addnode=72.220.39.85
addnode=73.14.137.202
addnode=73.7.153.239
addnode=74.134.202.10
addnode=74.220.183.111
addnode=74.65.152.16
addnode=75.157.134.246
addnode=75.159.48.143
addnode=75.94.115.62
addnode=76.10.128.20
addnode=76.90.105.71
addnode=81.129.151.26
addnode=81.247.71.96
addnode=82.19.214.103
addnode=82.211.31.107
addnode=82.27.29.59
addnode=84.106.244.30
addnode=85.23.126.200
addnode=87.120.81.160
addnode=91.153.108.4
addnode=91.65.35.54
addnode=92.28.147.10
addnode=94.249.18.181
addnode=94.8.63.147
addnode=95.211.224.45
addnode=95.215.44.248
addnode=95.87.15.222
addnode=95.90.194.198
addnode=95.93.71.11
addnode=97.125.177.191
addnode=97.88.72.232
addnode=98.193.2.154
addnode=98.217.12.27
addnode=98.219.59.1
addnode=98.220.3.187
addnode=98.238.18.143
addnode=99.146.68.120

Donate:
Please donate to help further developement
Donate to community manager Tuwie2 2E4Ug99jbJHyk686znd8bJowUtDyHvHmX9

Faucets:
http://faucet.coin43.com/bitbean/

[dukeneptun]

Lol. I´m first.

Algo?
Wallet?

[nokat]

Lol. I´m first.

Algo?
Wallet?

algo is X11
Re-launch tomorrow it will be SHA256

[nokat]

So no one mining yet?
Looks like Current number of blocks 0
{
"version" : "v1.0.0.0",
"protocolversion" : 60013,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 0,
"timeoffset" : 0,
"moneysupply" : 0.00000000,
"connections" : 0,
"proxy" : "",
"ip" : "0.0.0.0",
"difficulty" : {
"proof-of-work" : 0.00024414,
"proof-of-stake" : 0.00024414
},
"testnet" : false,
"keypoololdest" : 1423727061,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00000000,
"errors" : ""
}

[nokat]

Please make a pool

[kubuminer]

please take rpc port, how many confirm, size blocks?

[nokat]

please take rpc port, how many confirm, size blocks?

rpcport=22461
coinbase maturity = 30 blocks
100,000 beans per block

[kubuminer]

please take rpc port, how many confirm, size blocks?

rpcport=22461
coinbase maturity = 30 blocks
100,000 beans per block

please addnode. wallet dont have connect

"version" : "v1.0.0.0",
    "protocolversion" : 60013,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 0,
    "timeoffset" : 0,
    "moneysupply" : 0.00000000,
    "connections" : 0,
    "proxy" : "",
    "ip" : "0.0.0.0",
    "difficulty" : {
        "proof-of-work" : 0.00024414,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1423764012,
    "keypoolsize" : 101,
    "paytxfee" : 0.00001000,
    "mininput" : 0.00000000,
    "errors" : ""
}

[nokat]

please take rpc port, how many confirm, size blocks?

rpcport=22461
coinbase maturity = 30 blocks
100,000 beans per block

please addnode. wallet dont have connect

"version" : "v1.0.0.0",
    "protocolversion" : 60013,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 0,
    "timeoffset" : 0,
    "moneysupply" : 0.00000000,
    "connections" : 0,
    "proxy" : "",
    "ip" : "0.0.0.0",
    "difficulty" : {
        "proof-of-work" : 0.00024414,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1423764012,
    "keypoolsize" : 101,
    "paytxfee" : 0.00001000,
    "mininput" : 0.00000000,
    "errors" : ""
}

It won't be synced until the first block is mined.
So if you launch the pool now and i start mining in it then it will be synced.
also tell us your pool's ip address so we can add it to the conf.
i'll get some nodes today also

[kubuminer]

take please windows wallet or other addnode for connect

pool ready - http://bb.binpool.com/

but need addnode for connect wallet and start stratum server

[kubuminer]

stratum log file

2015-02-12 22:39:46,801 DEBUG bitcoin_rpc # submitblock detected.
2015-02-12 22:39:46,801 INFO mining # Found submitblock
2015-02-12 22:39:46,805 ERROR mining # Coind Error: BitBeans is not connected!
2015-02-12 22:39:47,806 INFO bitcoin_rpc # Checking for submitblock
2015-02-12 22:39:47,810 DEBUG bitcoin_rpc # submitblock detected.
2015-02-12 22:39:47,810 INFO mining # Found submitblock
2015-02-12 22:39:47,815 ERROR mining # Coind Error: BitBeans is not connected!
2015-02-12 22:39:48,816 INFO bitcoin_rpc # Checking for submitblock
2015-02-12 22:39:48,819 DEBUG bitcoin_rpc # submitblock detected.
2015-02-12 22:39:48,819 INFO mining # Found submitblock
2015-02-12 22:39:48,824 ERROR mining # Coind Error: BitBeans is not connected!
2015-02-12 22:39:49,825 INFO bitcoin_rpc # Checking for submitblock
2015-02-12 22:39:49,827 DEBUG bitcoin_rpc # submitblock detected.
2015-02-12 22:39:49,827 INFO mining # Found submitblock
2015-02-12 22:39:49,831 ERROR mining # Coind Error: BitBeans is not connected!
2015-02-12 22:39:50,832 INFO bitcoin_rpc # Checking for submitblock
2015-02-12 22:39:50,835 DEBUG bitcoin_rpc # submitblock detected.
2015-02-12 22:39:50,835 INFO mining # Found submitblock
2015-02-12 22:39:50,839 ERROR mining # Coind Error: BitBeans is not connected!
2015-02-12 22:39:51,841 INFO bitcoin_rpc # Checking for submitblock
2015-02-12 22:39:51,844 DEBUG bitcoin_rpc # submitblock detected.
2015-02-12 22:39:51,844 INFO mining # Found submitblock
2015-02-12 22:39:51,849 ERROR mining # Coind Error: BitBeans is not connected!
2015-02-12 22:39:52,850 INFO bitcoin_rpc # Checking for submitblock
2015-02-12 22:39:52,852 DEBUG bitcoin_rpc # submitblock detected.

[rastimonac]

win. walllet??

[kubuminer]

win. walllet??

sorry. is log stratum. we need addnode for connect pool wallet. after connect wallet we start stratum server

[rastimonac]

win. walllet??

sorry. is log stratum. we need addnode for connect pool wallet. after connect wallet we start stratum server

Ok so, you lunch coin but we can t  solo mine??

[dukeneptun]

win. walllet??

sorry. is log stratum. we need addnode for connect pool wallet. after connect wallet we start stratum server

Ok so, you lunch coin but we can t  solo mine??

Well, if you have Linux, then yes.
But you have to share your NODE after you begin mining.

[rastimonac]

win. walllet??

sorry. is log stratum. we need addnode for connect pool wallet. after connect wallet we start stratum server

Ok so, you lunch coin but we can t  solo mine??

Well, if you have Linux, then yes.
But you have to share your NODE after you begin mining.

i dont use linux.... this is not fair, make or pay someone to make for you win wallet....

[dukeneptun]

win. walllet??

sorry. is log stratum. we need addnode for connect pool wallet. after connect wallet we start stratum server

Ok so, you lunch coin but we can t  solo mine??

Well, if you have Linux, then yes.
But you have to share your NODE after you begin mining.

i dont use linux.... this is not fair, make or pay someone to make for you win wallet....

It is not my coin....
And no one is mining right now.

But yes, win wallet is important for fair start.

[kubuminer]

win. walllet??

sorry. is log stratum. we need addnode for connect pool wallet. after connect wallet we start stratum server

Ok so, you lunch coin but we can t  solo mine??

Well, if you have Linux, then yes.
But you have to share your NODE after you begin mining.

i dont use linux.... this is not fair, make or pay someone to make for you win wallet....

It is not my coin....
And no one is mining right now.

But yes, win wallet is important for fair start.

wait windows wallet for more connections. after we start pool and pool wallet have connets

[rastimonac]

and what about this??

https://bitcointalk.org/index.php?topic=953643.0

[rastimonac]

win. walllet??

sorry. is log stratum. we need addnode for connect pool wallet. after connect wallet we start stratum server

Ok so, you lunch coin but we can t  solo mine??

Well, if you have Linux, then yes.
But you have to share your NODE after you begin mining.

i dont use linux.... this is not fair, make or pay someone to make for you win wallet....

It is not my coin....
And no one is mining right now.

But yes, win wallet is important for fair start.

wait windows wallet for more connections. after we start pool and pool wallet have connets

yes win. wallet so i can solo mine. i dont want to mine on pool....