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Author Topic: [ANN] Bitcredit/CRE - first sidechain, claimable from Bitcoin, pow/pod  (Read 12911 times)
MRKLYE
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April 16, 2015, 11:36:49 PM
 #141

Very interesting idea for a coin, setting up my wallet and prepping my CPU for a nice hammering. Cheesy

Right on Greydon. let me know when you are up and running and I'll send you over some CRE!


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1714126058
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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GreydonIselmoe
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April 17, 2015, 12:07:12 AM
 #142

Very interesting idea for a coin, setting up my wallet and prepping my CPU for a nice hammering. Cheesy

Right on Greydon. let me know when you are up and running and I'll send you over some CRE!

Gonna take a while... I don't have enough disk space to use torrent method for syncing, so waiting hours for the client to sync! Progress: 2 Years 40 weeks to go.....

████████  The next evolutionary step in crypto-currency | Sidechain technology - Claimable - sha256   ███████
████████████████  C R E D I T S - [C R E]  ███████████████
◥ Proof of Work / Proof of Deposit mining system ◥ Official Website ◥ Bitcointalk Thread ◥ Exchange
MRKLYE
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April 17, 2015, 01:36:58 AM
 #143

Very interesting idea for a coin, setting up my wallet and prepping my CPU for a nice hammering. Cheesy

Right on Greydon. let me know when you are up and running and I'll send you over some CRE!

Gonna take a while... I don't have enough disk space to use torrent method for syncing, so waiting hours for the client to sync! Progress: 2 Years 40 weeks to go.....

Ahh darn man. Just keep at it. Do not shut off the client until it is fully synced. Even if the GUI looks frozen when syncing the Bitcredit chain leave it.

Wait for 2 green checkmarks and you should be good to go.


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Gabriel Eiger (OP)
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April 17, 2015, 07:43:35 AM
 #144

Is there any other mining software I can use on additional towers I have laying around so that I don't need to run multiple wallets and could instead just point them to the first wallet?

There are no other mining software where you can point to a single wallet, no.

What you could do, is creating a password protected wallet that you distribute to all miners. As long as you don't unlock the wallet in any of the miners the key pool will not update, thereby making sure that the same keys are used everywhere. This may cause some key reuse though.

████████████████  C R E D I T S - [C R E]  ███████████████
████████  The next evolutionary step in crypto-currency | Sidechain technology - Claimable - sha256   ███████
◥ Proof of Work / Proof of Deposit mining system ◥ Official Website ◥ Bitcointalk Thread ◥ Exchange
Gabriel Eiger (OP)
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April 17, 2015, 07:45:14 AM
 #145

Very interesting idea for a coin, setting up my wallet and prepping my CPU for a nice hammering. Cheesy

Right on Greydon. let me know when you are up and running and I'll send you over some CRE!

Gonna take a while... I don't have enough disk space to use torrent method for syncing, so waiting hours for the client to sync! Progress: 2 Years 40 weeks to go.....

It is highly recommended that you use the torrent but if you can't, well.

There's a more streamlined version in testing that probably will be released this weekend, so you may want to wait for that one.

████████████████  C R E D I T S - [C R E]  ███████████████
████████  The next evolutionary step in crypto-currency | Sidechain technology - Claimable - sha256   ███████
◥ Proof of Work / Proof of Deposit mining system ◥ Official Website ◥ Bitcointalk Thread ◥ Exchange
Markov
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April 17, 2015, 08:19:29 AM
 #146

10 Bitcredit welcome bonus for new miners!

Anyone (full member or above) who wants to check out Bitcredit can receive a 10 CRE welcome from myself!

Go download the client HERE, and once you download and install/run it once check out HERE to get a faster sync.
Once you are synced up and ready to start mining and receiving CRE: Post your address below to get 10 Bitcredit!

Be advised the whole BTC blockchain is required for Bitcredit to function. (This is a Bitcoin soft sidechain after all)
Please ensure you have ~45GB of free hard-drive space before starting the installation and sync process.

KLYE is not affiliated with nor part of the Bitcredit development team in any way, The CRE given away here are mined by myself. Smiley
I retain the right to deny the welcome bonus if I feel people are abusing it and/or multi-accounting in order to abuse this giveaway.
This offer is good for 50 Bitcointalk.org users ranked full member or above, and may be cancelled at any time deemed necessary.


Bitcredit given away so far: 30 / 500 CRE


Good luck and happy mining!

KLYE

It took me a couple of days to get this running, lost time mainly due to work commitment but it seems to work. I generated 7 blocks over night so not too bad I guess.

I still wouldn't mind those 10 credits to see a transfer. Addy is: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn


MRKLYE
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April 17, 2015, 08:42:36 AM
 #147

10 Bitcredit welcome bonus for new miners!

Anyone (full member or above) who wants to check out Bitcredit can receive a 10 CRE welcome from myself!

Go download the client HERE, and once you download and install/run it once check out HERE to get a faster sync.
Once you are synced up and ready to start mining and receiving CRE: Post your address below to get 10 Bitcredit!

Be advised the whole BTC blockchain is required for Bitcredit to function. (This is a Bitcoin soft sidechain after all)
Please ensure you have ~45GB of free hard-drive space before starting the installation and sync process.

KLYE is not affiliated with nor part of the Bitcredit development team in any way, The CRE given away here are mined by myself. Smiley
I retain the right to deny the welcome bonus if I feel people are abusing it and/or multi-accounting in order to abuse this giveaway.
This offer is good for 50 Bitcointalk.org users ranked full member or above, and may be cancelled at any time deemed necessary.


Bitcredit given away so far: 30 / 500 CRE


Good luck and happy mining!

KLYE

It took me a couple of days to get this running, lost time mainly due to work commitment but it seems to work. I generated 7 blocks over night so not too bad I guess.

I still wouldn't mind those 10 credits to see a transfer. Addy is: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn



Sent sir!

Code:
Date: 2015-04-17 03:41
To: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn
Debit: -10.00 CRE
Net amount: -10.00 CRE
Transaction ID: c6cffd229e311109a2cd50bb5b1c8ae69c909446ebb3f8ff5d4eb5770fc596c8-000

Congrats on getting some blocks!


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Markov
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Activity: 258
Merit: 250


Breizh Atao


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April 17, 2015, 09:06:47 AM
 #148

10 Bitcredit welcome bonus for new miners!

Anyone (full member or above) who wants to check out Bitcredit can receive a 10 CRE welcome from myself!

Go download the client HERE, and once you download and install/run it once check out HERE to get a faster sync.
Once you are synced up and ready to start mining and receiving CRE: Post your address below to get 10 Bitcredit!

Be advised the whole BTC blockchain is required for Bitcredit to function. (This is a Bitcoin soft sidechain after all)
Please ensure you have ~45GB of free hard-drive space before starting the installation and sync process.

KLYE is not affiliated with nor part of the Bitcredit development team in any way, The CRE given away here are mined by myself. Smiley
I retain the right to deny the welcome bonus if I feel people are abusing it and/or multi-accounting in order to abuse this giveaway.
This offer is good for 50 Bitcointalk.org users ranked full member or above, and may be cancelled at any time deemed necessary.


Bitcredit given away so far: 30 / 500 CRE


Good luck and happy mining!

KLYE

It took me a couple of days to get this running, lost time mainly due to work commitment but it seems to work. I generated 7 blocks over night so not too bad I guess.

I still wouldn't mind those 10 credits to see a transfer. Addy is: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn



Sent sir!

Code:
Date: 2015-04-17 03:41
To: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn
Debit: -10.00 CRE
Net amount: -10.00 CRE
Transaction ID: c6cffd229e311109a2cd50bb5b1c8ae69c909446ebb3f8ff5d4eb5770fc596c8-000

Congrats on getting some blocks!

Thanks a lot.

Anyone know if you can mine with a locked wallet. I put a passphrase by habit and locked the wallet now and can't see how to unlock it so hopefully mining still works

MRKLYE
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Merit: 1003


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April 17, 2015, 10:51:00 AM
 #149

10 Bitcredit welcome bonus for new miners!

Anyone (full member or above) who wants to check out Bitcredit can receive a 10 CRE welcome from myself!

Go download the client HERE, and once you download and install/run it once check out HERE to get a faster sync.
Once you are synced up and ready to start mining and receiving CRE: Post your address below to get 10 Bitcredit!

Be advised the whole BTC blockchain is required for Bitcredit to function. (This is a Bitcoin soft sidechain after all)
Please ensure you have ~45GB of free hard-drive space before starting the installation and sync process.

KLYE is not affiliated with nor part of the Bitcredit development team in any way, The CRE given away here are mined by myself. Smiley
I retain the right to deny the welcome bonus if I feel people are abusing it and/or multi-accounting in order to abuse this giveaway.
This offer is good for 50 Bitcointalk.org users ranked full member or above, and may be cancelled at any time deemed necessary.


Bitcredit given away so far: 30 / 500 CRE


Good luck and happy mining!

KLYE

It took me a couple of days to get this running, lost time mainly due to work commitment but it seems to work. I generated 7 blocks over night so not too bad I guess.

I still wouldn't mind those 10 credits to see a transfer. Addy is: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn



Sent sir!

Code:
Date: 2015-04-17 03:41
To: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn
Debit: -10.00 CRE
Net amount: -10.00 CRE
Transaction ID: c6cffd229e311109a2cd50bb5b1c8ae69c909446ebb3f8ff5d4eb5770fc596c8-000

Congrats on getting some blocks!

Thanks a lot.

Anyone know if you can mine with a locked wallet. I put a passphrase by habit and locked the wallet now and can't see how to unlock it so hopefully mining still works
I don't know if you can mine with a locked wallet. Something is telling me no though.


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MisO69
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April 17, 2015, 12:51:26 PM
 #150

You can mine with a locked wallet I have done it many times. The thing you cannot do is stake a PoS coin with a locked wallet.

Gabriel Eiger (OP)
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April 17, 2015, 06:42:38 PM
 #151

10 Bitcredit welcome bonus for new miners!

Anyone (full member or above) who wants to check out Bitcredit can receive a 10 CRE welcome from myself!

Go download the client HERE, and once you download and install/run it once check out HERE to get a faster sync.
Once you are synced up and ready to start mining and receiving CRE: Post your address below to get 10 Bitcredit!

Be advised the whole BTC blockchain is required for Bitcredit to function. (This is a Bitcoin soft sidechain after all)
Please ensure you have ~45GB of free hard-drive space before starting the installation and sync process.

KLYE is not affiliated with nor part of the Bitcredit development team in any way, The CRE given away here are mined by myself. Smiley
I retain the right to deny the welcome bonus if I feel people are abusing it and/or multi-accounting in order to abuse this giveaway.
This offer is good for 50 Bitcointalk.org users ranked full member or above, and may be cancelled at any time deemed necessary.


Bitcredit given away so far: 30 / 500 CRE


Good luck and happy mining!

KLYE

It took me a couple of days to get this running, lost time mainly due to work commitment but it seems to work. I generated 7 blocks over night so not too bad I guess.

I still wouldn't mind those 10 credits to see a transfer. Addy is: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn



Sent sir!

Code:
Date: 2015-04-17 03:41
To: 17gp17xYMivL6u8QCzkxNP4uWE2KSqzLjn
Debit: -10.00 CRE
Net amount: -10.00 CRE
Transaction ID: c6cffd229e311109a2cd50bb5b1c8ae69c909446ebb3f8ff5d4eb5770fc596c8-000

Congrats on getting some blocks!

Thanks a lot.

Anyone know if you can mine with a locked wallet. I put a passphrase by habit and locked the wallet now and can't see how to unlock it so hopefully mining still works

Yes you can mine with a locked wallet.

The one difference is that some keys will end up in the deposit_wallet.dat wallet file.

What happens in practice when you generate a block is that there are two transactions generated, the first one is a coinbase transaction, the second one is the deposit transaction. When you don't add any separate deposits and run the miner with coinbase as deposit enabled, the coinbase transaction will be spent directly by the deposit transaction. This spending can not be done from a locked wallet so the output key for the coinbase transaction will be added to the deposit_wallet.dat file instead of the bitcredit_wallet.dat file. Since the coinbase output is spent in the same block by the deposit transaction, there is no need to keep the key afterwards. If you do want to keep it anyway, for bookkeeping, the key is stored in deposit_wallet.dat. This means that if you want to make sure you back up all keys that has been generated, you should make a security copy of both bitcredit_wallet.dat and deposit_wallet.dat. Apart from this storing of keys, the deposit_wallet.dat is ONLY used to keep temporary copies of manually created deposits.

This may be a little difficult to understand but I intend to write a more detailed description of the specification this weekend. You will find some more details there.

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Gabriel Eiger (OP)
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April 17, 2015, 06:43:41 PM
 #152

You can mine with a locked wallet I have done it many times. The thing you cannot do is stake a PoS coin with a locked wallet.



In this case you actually can pre-create stakes for use as deposits. See answer above for some more details about it.

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April 17, 2015, 09:49:22 PM
 #153

Added description of the versioning system:
http://bitcredit-currency.org/viewtopic.php?f=24&t=634

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April 18, 2015, 04:32:32 AM
 #154

Jumping on the CRE train choo choo look forward to participating in helping this coin grow big and strong like a grizzly bear  Grin
Gabriel Eiger (OP)
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April 18, 2015, 07:54:30 AM
 #155

Jumping on the CRE train choo choo look forward to participating in helping this coin grow big and strong like a grizzly bear  Grin

Welcome, a new version will be released in the coming our. I would recommend you to use that one instead of the old version since the startup process has been much improved.

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April 18, 2015, 07:56:33 AM
 #156

New version of init torrent file released

A new up-to-date version of the torrent for quick startup has been released. This is in preparation for the new version of Bitcredit that will be released in a few hours.

http://bitcredit-currency.org/viewtopic.php?f=18&t=517&p=766#p766

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April 18, 2015, 08:33:07 AM
Last edit: April 18, 2015, 09:06:24 AM by Gabriel Eiger
 #157

Version 0.9.1.10 of Bitcredit client released

A new version of the Bitcredit client has been released. It solves the problem with long and problematic initial startup and sync times, among other things.

0.9.1.10 is a larger update with:
- Improved time for startup and initial syncing of blockhains.
- Bug fixes with regards to inconsistency problems in the chainstate.
- UI freeze problems handled.
- Several other bug fixes.

The sync process when starting from scratch now takes about 20-28 hours if you have a decent internet connection. Test done on a Lenovo laptop with a physical quad core i7 processor.

It is highly recommended that all users upgrade as soon as possible.

Make a copy your existing versions and try to start the new version instead. The transition should be seamless.

http://bitcredit-currency.org/viewforum.php?f=5

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April 18, 2015, 08:38:27 AM
 #158

We suppose to favour this wonderful currency....... Smiley

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April 18, 2015, 09:20:57 AM
 #159

when I click on Claim bitcoins -> Select Coins the wallet freezes..

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April 18, 2015, 01:21:48 PM
 #160

when I click on Claim bitcoins -> Select Coins the wallet freezes..

Ok, that is not good. Will try to reproduce. I've seen the behaviour under some circumstances.

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