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Showing 17 of 17 results by dgenr8
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Topic
Board Scam Accusations
Re: Altmarkets.io - Scam!
by
dgenr8
on 26/02/2021, 16:24:28 UTC
This exchange should not be listing ETH as its first funding currency (eg here https://bitcointalk.org/index.php?topic=5101680.0).

ETH withdrawals have been disabled for weeks.  Vague "market" reasons given.  There are no remotely liquid ETH markets on either its v1 or v2 sites.

How will you return the ETH? Make it something I can tweet positively about dude.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 19/11/2019, 16:07:56 UTC
... But why to waste electricity between blocks. you can set the diff between blocks to diff, which is way higher than current diff of BTC and after 10min or 9,(xx/sec/)(which is your target) you can drop it to lets say "gpu solvable levels", so the block will be lottery. Doesn't matter if you have 100PH or 100GH. Of course everyone will be mining other coins between your blocks. But you will have still same blocktime and emission of coins like before. Next thing is economy, all the pow coins are valued by electricity spent on mining(so basically if you didn't waste a lot of electricity minnig some POW coin its not valuable). In my opinion, I rather prefer to mine some lottery block, if I'm not whale or don't have enough money to invest into some ICO, IEO..., or I cant mine high hashrate project. Imagine mining every 10 min xy miners with GPU's.

Ok so you did mean kilowatts (KW).  Yes, you've got it.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 17/11/2019, 01:29:47 UTC
New explorer live at http://explorer.chain2.org/
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 16/11/2019, 17:06:11 UTC
hash and use x KW

What do you mean? Can you clarify?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 14/11/2019, 02:04:53 UTC
Faucet currently offering 1 CTWO

http://faucet.chain2.org/
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 29/10/2019, 16:00:02 UTC
The research paper has been updated.  The constant in section 3.3 is now derived rather than just referencing simulation results. Also various other clarifications.

https://github.com/chain2/chain2/blob/master/specifications/rtt.pdf
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 17/10/2019, 23:23:53 UTC
What's the point of a chain that reorgs ad infinitum? It's an interesting idea, but practically not really useful.

Yeah, I guess I have to solve that problem too.  Do I have to do everything myself?  Grin

Someday it might have a majority. So maybe you should mine some now, just in case.

If there is a reorg, just mine on top of it and be glad you didn't waste any resources you couldn't afford to lose, or accept ctwo in exchange for anything of value.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 16/10/2019, 13:30:15 UTC
Official binaries are now posted here:

https://github.com/chain2/chain2/releases/tag/v0.11L


The signature in SHA256SUMS.asc is with the same key I used to authenticate all Bitcoin XT releases since 2016,  fingerprint = 8F6E DE3A 88F8 6BC6 F982  55D7 F5D9 9379 1A77 8012
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 15/10/2019, 12:34:20 UTC
New to mining. Is there a wallet ?

Hi Daddygogo, are you looking for binaries? Working on that. Feel free to join us at https://discord.gg/pydVnNh
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 14/10/2019, 21:02:45 UTC
Thanks MCP!!

Lol no, graphics and front-end are NOT a strength of mine. If you don't feel like pushing pixels either, I'd say just go minimalist (text) for now!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 14/10/2019, 16:58:15 UTC
Hey. Tell me I wanted to include Your coin in my calculator https://calcminer.info/ but I didn't find the coin Explorer. Does it exist?

No explorer yet.  It would be great if someone wanted to put one up!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 14/10/2019, 00:20:43 UTC
Is there another way ?

The simplest thing is to restart chain2 with -usecashaddr=0.

Functions to accept multiple formats or translate between formats could be added to the RPC.

Sometimes I've used this python-bitcoinlib script to get a legacy address from a pubkey (you can get the pubkey from chain2 using validateaddress):

python pubkey-to-mainnet-address.py

#!/usr/bin/env python
import sys
import bitcoin
from bitcoin.core import Hash160, x, lx
from bitcoin.wallet import CBitcoinAddress
def main():
    bitcoin.SelectParams('mainnet')
    print(CBitcoinAddress.from_bytes(Hash160(x(sys.argv[1])),0))
if __name__ == '__main__':
    main()
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 13/10/2019, 22:42:56 UTC
Hey Twinkledoe thanks!  Lets see if it can survive. For a SHA256 coin that would be valuable Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 13/10/2019, 22:26:21 UTC
Two successive GBT's have different targets and nbits. Target increases until a block is found. nbits won't be used until the next block and depends on this block's timestamp:


getblocktemplate

{
...
"previousblockhash": "0000000000093658813abd9f0c97b05cb5e3d23594b17c8abf27919312158af3",
"target": "0000000000b4d61573b036be175f295d6cd1e1d9c839e58cc85db34cd0760100",
"mintime": 1571004547,
"curtime": 1571005288,
"bits": "1b2a1d9c",
"height": 7
...
}



getblocktemplate

{
...
"previousblockhash": "0000000000093658813abd9f0c97b05cb5e3d23594b17c8abf27919312158af3",
"target": "000000000124ab302ef78bfb86628340481f85b4f0e6808b8ef587995ef7ced8",
"mintime": 1571004547,
"curtime": 1571005363,
"bits": "1b4b0ce2",
"height": 7
}

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 13/10/2019, 22:19:36 UTC
How the chain looks so far

block, inter-block time, difficulty, target
0,1570992534,1,1d00ffff
1,9746,1,1d00ffff
2,240,183.9942093834309,1c01642e
3,661,77.56481858194326,1c034ce8
4,500,174.547270514061,1c017775
5,540,247.5244544770504,1c0108c3

Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Topic OP
[ANN] chain2 -- Pure SHA256 PoW coin | Real-Time Targeting
by
dgenr8
on 13/10/2019, 21:58:29 UTC
⭐ Merited by sidgrip (1)
chain2 is an experimental cryptocurrency.  The main purpose of chain2 is to explore the performance of its difficulty adjustment algorithm: Real-Time Targeting (RTT). As a pure SHA256 PoW altcoin, chain2 competes for a share of the biggest pool of hashrate on Earth.

Miners and nodes wanted. This might be fun.


Download
https://github.com/chain2/chain2/releases


chain2 Mining - IMPORTANT

The RTT target starts low (difficulty high) and increases (decreases) during the block, depending the timestamp of the block being mined.  The next block's resulting nominal target is also included in the block template. It also rises with time, but is not the same as the actual target (see research paper).  Unmodified miners that rely on the template difficulty will fail to submit some valid blocks.

Slight (and hacky) modifications to ckpool allow it to mine chain2 in a reasonable way with no stratum client modifications needed: See https://bitbucket.org/dgenr8/ckpool/commits/05f073b5d8ad336b00c25fab5246c796749666ce

The incentives established by this algorithm do not favor inaccurate timestamps, therefore using the timestamp as a nonce is not recommended.

chain2 lends itself to optimized mining pools and clients which understand RTT.  Please work on this if you can! An internal CPU miner is included for reference, but of course it is unusably slow.

Pools
https://mcpool.chain2.org/           -a sha256 -o stratum+tcp://stratum.mcpool.chain2.org:3330 -u -p c=CTWO

chain2 Specifications

- PoW algorithm: SHA256D
- Difficulty adjustment algorithm: RTT
   RTT research paper: https://github.com/chain2/chain2/blob/master/specifications/rtt.pdf
   RTT implementation: https://github.com/chain2/chain2/pull/6
- Starting difficulty: 1
- Starting target: 0x1d00ffff
- Block time: 10 minutes
- Block reward: 50 ctwo
- Block reward halving schedule: every 210,000 blocks
- Total coin supply: 21M
- Default P2P port: 9393
- Default RPC port: 9392
- Address format: cashaddr with "ctwo:" prefix (legacy bitcoin mode available)

- Pre-mine: No
- Founders reward: No
- Instamine: Not possible
- ICO: No
- Masternodes: No
- Segwit: No
- "Finalization": No
- Genesis coinbase output script: OP_FALSE


BEWARE
If you somehow manage to buy ctwo from someone right now, you are extremely likely to lose money.  Chaotic reorganizations are quite possible. ctwo should never be worth anything unless it gains a meaningful level of stable miner support compared to BTC.


chain2 Consensus Rules:

    Bitcoin Cash rules as of 14 November, 2018 (PRE-SPLIT)
      (BIP143, 32MB blocks, etc ...)
    + Real Time Targeting
    + CHECKDATASIG activates at 75% support over 90 days (BIP135)
           Conversely, it only takes 25% to block it. If you can't go with the supermajority, don't mine this coin.
    + Gradual max block size adjustment by miners (BIP100)


Reference implementation source code: https://github.com/chain2/chain2


chain2 Resources:
 - Explorer http://explorer.chain2.org
 - Explorer http://iquidus.chain2.org
 - Faucet http://faucet.chain2.org
 - Chat https://discord.gg/pydVnNh

Many BTC, BCH, and BSV applications are compatible with chain2 or could be made compatible with slight modifications.
Additional compatible implementations of chain2 are of course possible. PR's are also welcome to the chain2 reference implementation.


Consumer/Investor Disclosures

 - Cryptocurrency is a rapidly evolving technology.
 - Cryptocurrency has historically been EXTREMELY VOLATILE.
 - Transfers of ctwo are NON-REVERSIBLE.
 - Mined or transferred ctwo tokens may disappear in chain reorganizations.
 - The chain2 software is provided AS IS, WITHOUT GUARANTEE or WARRANTY.
Post
Topic
Board Mining (Altcoins)
Re: cruzbit: A simple decentralized peer-to-peer ledger implementation
by
dgenr8
on 11/10/2019, 22:31:37 UTC
Best of luck with this, quality project!