Post
Topic
Board Announcements (Altcoins)
Re: ShionCoin Virtual Currency Announcement (Public Debut - v3.1)
by
shcoins
on 30/04/2019, 02:27:46 UTC
The name has recently changed from "ShareCoin" to "ShionCoin". All references and links related to this thread have been changed to reflect this. Apologies for any confusion this may have caused. The ticker symbol is still "SHC".

You can download the MSI package on windows in order to install the service and access a console window. A new v3.2.3 version is available, and it is recommended to download and install this version if you have a prior version.

On linux, a more sophisticated textual UI client can be used by running "shc --prompt".

A service is started (shcoind) which will act as a node to connect to other ShionCoin servers. You can review services on windows by running "services.msc" at a command-line prompt.

No graphical wallet is currently supplied. A GUI wallet is in development, though. The intention is to supply all features though both shcoins.com and a stand-alone graphical interface. This includes features likes public address aliases, context info, certificates, alt-coins, and smart contracts.

You can currently mine with a scrypt (litecoin) based miner. Access your wallet on shcoins.com for details or point your miner to stratum+tcp://localhost:9448/ if you have installed a local ShionCoin node. Access to your private key information is also available through a shcoins.com wallet account.

An implementation has recently been introduced into the developmental repository which expands the available PoW algorthms beyond Scrypt. This means, soon after 2020, the main-net blockchain will also support mining through the SHA256D, Keccak, X11, Blake2s, Qubit, Groestl, and Skein algorythms.


Here are some basic instructions for cpu-mining ShionCoin on the windows platform:

Download the MSI at shcoins.com and install the service. The service will start running and downloading the blockchain as soon as you have installed the software.

Run the 'ShionCoin Console' program from the start bar. Use "help" to see all commands.

Type "block.info" to see the current state of the block-chain. Once the height stops incrementing continuously you have downloaded the block-chain. You can type "sys.info" to see the last time a block was downloaded.

ShionCoin comes with a built in stratum service. This means you can point your miner directly at the shcoind service in order to mine new coins.

Install "cpuminer" and from a command-line type:
cpuminer -u bank.x -p x -o stratum+tcp://127.0.0.1:9448/ -a scrypt

Type "wallet.list" in order to see the balance of all the local accounts.