[ANN] Bitcredit/CRE - first sidechain, claimable from Bitcoin, pow/pod

[Gabriel Eiger]

Attempting a BTC Blockchain transplant into the Bitcredit client.. Hopefully this works.

I'll post back here with an update once things are done moving around.

As mentioned before, your best bets are either:

a) creating a bootstrap.dat file that you rename to bitcoin_bootstrap.dat and initialise Bitcredit with it the same way that you initialise from a bootstrap.dat in Bitcoin.

b) Taking an up to date Bitcoin working directory, rename it to Bitcredit, while keeping it in the same directory. Then remove everything except "blocks" and rename the directory to "bitcoin_blocks". Then start the client (assuming you start Bitcredit-Qt in Windows) with the -reindex parameter:
> Bitcredit-Qt.exe -reindex

If you go the b) route, make sure to keep a copy of the Bitcoin working directory so that you don't have to download it again if the initialisation fails.

Both of the methods above should work in theory. None of them have been tested extensively though so for the moment you are a bit on your own.

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[Gabriel Eiger]

Yes it started working after about 1.5 days of syncing (bitcoin), I was able to start mining shortly after.

I had some issues with a memory leak or maybe just the client using alot of memory while syncing the BTC bockchain.

I just want to add, this is an interesting coin. I think I'll keep mining it with one of my computers.

Can you give an estimate to how many coins you are mining per hour///per day, and with what does it mine, CPU or GPU?
CPU I have Intel i5 4670 @ 3.60 GH/z
GPU I have Gigabyte Radeon HD 7970Ghz Edition @ 1.2 GHz

Not many people are mining right now so its the best time to get on this. If I had to estimate I would guess about 4000 - 5000 coins /day with your CPU at the current difficulty. Its wallet mining only so you can point your GPU to something else at the same time. Just make sure to leave a CPU thread for the GPU mining program.

You are probably estimating correct, just a note with regards to your comment. A difficulty adjustment will occur at block 4032 that probably will move the difficulty upwards.

[MRKLYE]

OK. So the BTC Blockchain transplant appears to have been a success!

What I did was use the BitcoinQT (newest) and then downloaded the bootstrap.dat and copied to the places you said.
Now I am waiting for the sync on the Bitcredit side.. But it says "No Block sources available"

Not sure what the heck to do at this point.. Been almost 2 days trying to get this damn thing to run. :/

*edit: Trying the -reindex command as mentioned above. Really hoping I can get in on this coin before difficulty goes up.

*edit2: So running it with -reindex seemingly doesn't let the GUI pop up..?

[Gabriel Eiger]

OK. So the BTC Blockchain transplant appears to have been a success!

What I did was use the BitcoinQT (newest) and then downloaded the bootstrap.dat and copied to the places you said.
Now I am waiting for the sync on the Bitcredit side.. But it says "No Block sources available"

Not sure what the heck to do at this point.. Been almost 2 days trying to get this damn thing to run. :/

*edit: Trying the -reindex command as mentioned above. Really hoping I can get in on this coin before difficulty goes up.

Well, that is very good to hear.

As long as the Bitcoin blockchain is doing inital sync or reindexing, no Bitcredit blockchain will be downloaded. That is the reason that the client is saying "No Block sources available", simply because they have not appeared yet.

A reindex will rebuild the whole of the Bitcoin blockchain and the Bitcredit blockchain. This process will take a few hours as well, but you are well on your way now.

Check the debug.log output, you can see what is happening more clearly there. There are some detailed explanations with regards to the log output under this topic:
http://bitcredit-currency.org/viewtopic.php?f=18&t=17

I am convinced that you will be up and running soon. Let's see if we can find some way to compensate you for your trouble if it continues.

[MRKLYE]

OK. So the BTC Blockchain transplant appears to have been a success!

What I did was use the BitcoinQT (newest) and then downloaded the bootstrap.dat and copied to the places you said.
Now I am waiting for the sync on the Bitcredit side.. But it says "No Block sources available"

Not sure what the heck to do at this point.. Been almost 2 days trying to get this damn thing to run. :/

*edit: Trying the -reindex command as mentioned above. Really hoping I can get in on this coin before difficulty goes up.

Well, that is very good to hear.

As long as the Bitcoin blockchain is doing inital sync or reindexing, no Bitcredit blockchain will be downloaded. That is the reason that the client is saying "No Block sources available", simply because they have not appeared yet.

A reindex will rebuild the whole of the Bitcoin blockchain and the Bitcredit blockchain. This process will take a few hours as well, but you are well on your way now.

Check the debug.log output, you can see what is happening more clearly there. There are some detailed explanations with regards to the log output under this topic:
http://bitcredit-currency.org/viewtopic.php?f=18&t=17

I am convinced that you will be up and running soon. Let's see if we can find some way to compensate you for your trouble if it continues.

ok. Had to run -reindex 3 damn times to get the GUI to pop up but it appears to be re-indexing the BTC blockchian. I'm getting excited.
It has certainly been a quest thus far to get this beast running.. Tons of bandwidth used and time spent.. But I think this coin has great potential.
I will update as they come. Gonna go out for coffee and let this client do its thing.

Lets hope it works this time!

[Gabriel Eiger]

OK. So the BTC Blockchain transplant appears to have been a success!

What I did was use the BitcoinQT (newest) and then downloaded the bootstrap.dat and copied to the places you said.
Now I am waiting for the sync on the Bitcredit side.. But it says "No Block sources available"

Not sure what the heck to do at this point.. Been almost 2 days trying to get this damn thing to run. :/

*edit: Trying the -reindex command as mentioned above. Really hoping I can get in on this coin before difficulty goes up.

Well, that is very good to hear.

As long as the Bitcoin blockchain is doing inital sync or reindexing, no Bitcredit blockchain will be downloaded. That is the reason that the client is saying "No Block sources available", simply because they have not appeared yet.

A reindex will rebuild the whole of the Bitcoin blockchain and the Bitcredit blockchain. This process will take a few hours as well, but you are well on your way now.

Check the debug.log output, you can see what is happening more clearly there. There are some detailed explanations with regards to the log output under this topic:
http://bitcredit-currency.org/viewtopic.php?f=18&t=17

I am convinced that you will be up and running soon. Let's see if we can find some way to compensate you for your trouble if it continues.

ok. Had to run -reindex 3 damn times to get the GUI to pop up but it appears to be re-indexing the BTC blockchian. I'm getting excited.
It has certainly been a quest thus far to get this beast running.. Tons of bandwidth used and time spent.. But I think this coin has great potential.
I will update as they come. Gonna go out for coffee and let this client do its thing.

Lets hope it works this time!

Ok, you need to have some final patience, a reindex takes several hours, for Bitcoin as well as for Bitcredit. DO NOT invoke -reindex again unless you want to start the reindex process from the beginning again. Which I assume you do not want to do.

[qwep1]

whe are download walet?

[MRKLYE]

whe are download walet?

Look at OP.

[Gabriel Eiger]

whe are download walet?

I don't quite understand the question, but the main wallet of Bitcredit is named bitcredit_wallet.dat and sits in the working directory. The one you should replace if you want to claim Bitcoins is named bitcoin_wallet.dat.

See instructions here for getting started http://bitcredit-currency.org/viewforum.php?f=18.

[yampi]

Where is source?

[Gabriel Eiger]

Where is source?

The source has not been released yet but will be in stages over the coming months when deemed suitable.

[MisO69]

I noticed there are two Bitcredit wallets. The primary wallet and the deposit wallet. I'm assuming we need to back up both and keep them paired up? The reason I ask is because backup wallet from the pull down menu only backs up the primary wallet.

Do you have any plans for marketing this coin?

[Gabriel Eiger]

I noticed there are two Bitcredit wallets. The primary wallet and the deposit wallet. I'm assuming we need to back up both and keep them paired up? The reason I ask is because backup wallet from the pull down menu only backs up the primary wallet.

Do you have any plans for marketing this coin?

Thank you for your input.

The short answer is that it is only the primary wallet (bitcredit_wallet.dat) that needs to be backed up. I would however recommend you to create a back up of both bitcredit_wallet.dat and deposit_wallet.dat, especially if you have encrypted bitcredit_wallet.dat. In that case some (used and disposed) keys will be stored in deposit_wallet.dat since new keys cannot be created in an encrypted wallet. If you haven't encrypted bitcredit_wallet.dat there is nothing in deposit_wallet.dat that is needed to back up.

The primary wallet is just what you describe, the primary wallet.

The deposit wallet is only a "working state" wallet. Deposits created from "Prepare miner deposits" view and shown in the "Prepared deposits" view are stored in the deposit wallet. The deposit transactions stored in the deposit wallet are only temporary and only used, included in the block, if:
a) The mining process finds a block and
b) Coinbase as deposit is disabled (it is not disabled by default) or
c) The coinbase reward is not enough to cover the deposit requirements for the block. This situation will occur in approximately four months

A more detailed explanation about how manual creation of deposits work will be written soon since users need to start including manually created deposits in a about four months.

Regarding marketing - yes, marketing is much needed. If you have any thoughts on good ways to do that you are quite welcome with input. As a starter, within a week more detailed information of the inner working of the coin, with regards to coin distribution, deposits and a complete description of the protocol will be published.

[Gabriel Eiger]

Article on reward and coin distribution principles has been added to the board:

http://bitcredit-currency.org/phpbb/viewtopic.php?f=24&t=510

[MRKLYE]

I downloaded the BTC blockchain (2nd time now) and had it hang up trying to get bitcredit synced.
I shut the client down and restarted and now I cannot get past the splash screen..

[Gabriel Eiger]

I downloaded the BTC blockchain (2nd time now) and had it hang up trying to get bitcredit synced.
I shut the client down and restarted and now I cannot get past the splash screen..

You've had some serious trouble with this. What does the log output look like now?

I'll send you a .torrent file so that you can download a blockchain synched and ready. Does that sound reasonable?

[movetoanother]

I downloaded the BTC blockchain (2nd time now) and had it hang up trying to get bitcredit synced.
I shut the client down and restarted and now I cannot get past the splash screen..

You've had some serious trouble with this. What does the log output look like now?

I'll send you a .torrent file so that you can download a blockchain synched and ready. Does that sound reasonable?

There is no chances unless dev with his team allow us to mine( they change the wallets with bug)
It is impossible to sync wallet. After bitcoin bloks downloaded wallet crashes.
I spend many hours in many ways to figure out how to sync and nothing.
So my question is WHO was able to sync and mine that coin from that downloads.
IT IS IMPOSSIBLE TO SYNC WALLET.

I suppose the only persons were able to mine that coin from 19 march were dev and his taem.
Congratulations...
https://i.imgur.com/LyLoWK8.png
https://i.imgur.com/U5IP79J.png

[Gabriel Eiger]

I downloaded the BTC blockchain (2nd time now) and had it hang up trying to get bitcredit synced.
I shut the client down and restarted and now I cannot get past the splash screen..

You've had some serious trouble with this. What does the log output look like now?

I'll send you a .torrent file so that you can download a blockchain synched and ready. Does that sound reasonable?

There is no chances unless dev with his team allow us to mine( they change the wallets with bug)
It is impossible to sync wallet. After bitcoin bloks downloaded wallet crashes.
I spend many hours in many ways to figure out how to sync and nothing.
So my question is WHO was able to sync and mine that coin from that downloads.
IT IS IMPOSSIBLE TO SYNC WALLET.

I suppose the only persons were able to mine that coin from 19 march were dev and his taem.
Congratulations...

It is a bit unfortunate that you haven't voiced your problems earlier, help could have been given here. There are of course no intent whatsoever to prevent people from starting mining. On the contrary, an even distribution of coins is vital for the success of a new coin.

However, a torrent is just being created to enable download of a pre-setup working directory. If you are still interested info will be posted here as soon as it's done. That should get you started in under an hour, once you have downloaded the torrent.

[Gabriel Eiger]

I downloaded the BTC blockchain (2nd time now) and had it hang up trying to get bitcredit synced.
I shut the client down and restarted and now I cannot get past the splash screen..

You've had some serious trouble with this. What does the log output look like now?

I'll send you a .torrent file so that you can download a blockchain synched and ready. Does that sound reasonable?

There is no chances unless dev with his team allow us to mine( they change the wallets with bug)
It is impossible to sync wallet. After bitcoin bloks downloaded wallet crashes.
I spend many hours in many ways to figure out how to sync and nothing.
So my question is WHO was able to sync and mine that coin from that downloads.
IT IS IMPOSSIBLE TO SYNC WALLET.

I suppose the only persons were able to mine that coin from 19 march were dev and his taem.
Congratulations...

I tried for a week to get this to sync without luck.  Tried on numerous machines.  I could get the bitcoin blockchain synced but that's as far as it would go.  I've never been unable to mine a coin.  You are correct that the only people mining this are likely the dev and his buddies.  The released wallet does not sync regardless what the dev says. 

 

I'm sorry to hear that, as mentioned above, had we've heard about this before all support possible would have been given. See reply above regarding other ways of downloading a pre-setup working directory.

[Gabriel Eiger]

I downloaded the BTC blockchain (2nd time now) and had it hang up trying to get bitcredit synced.
I shut the client down and restarted and now I cannot get past the splash screen..

You've had some serious trouble with this. What does the log output look like now?

I'll send you a .torrent file so that you can download a blockchain synched and ready. Does that sound reasonable?

There is no chances unless dev with his team allow us to mine( they change the wallets with bug)
It is impossible to sync wallet. After bitcoin bloks downloaded wallet crashes.
I spend many hours in many ways to figure out how to sync and nothing.
So my question is WHO was able to sync and mine that coin from that downloads.
IT IS IMPOSSIBLE TO SYNC WALLET.

I suppose the only persons were able to mine that coin from 19 march were dev and his taem.
Congratulations...

I tried for a week to get this to sync without luck.  Tried on numerous machines.  I could get the bitcoin blockchain synced but that's as far as it would go.  I've never been unable to mine a coin.  You are correct that the only people mining this are likely the dev and his buddies.  The released wallet does not sync regardless what the dev says. 

 

I'm sorry to hear that, as mentioned above, had we've heard about this before all support possible would have been given. See reply above regarding other ways of downloading a pre-setup working directory.

Any word on the working directory?

Doing validations right now. Will post as soon as it's done.