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Showing 20 of 47 results by mercurygermes@gmail.com
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Board Bitcoin Discussion
Topic OP
How to Solve Bitcoin’s Upcoming Crisis: Halvings and Liquidity Collapse
by
mercurygermes@gmail.com
on 30/04/2025, 12:10:18 UTC
How to Solve Bitcoin’s Upcoming Crisis: Halvings and Liquidity Collapse
Introduction
Bitcoin was designed as a deflationary currency with a strict emission schedule. Every ~4 years, a “halving” takes place — the block reward is cut in half. This feature was seen as a growth engine by limiting supply. But with each new halving, it’s becoming increasingly clear: the model is losing its effectiveness and approaching a systemic crisis.

What happened after the 2024 halving?
On April 20, 2024, the block reward dropped from 6.25 BTC to 3.125 BTC. In theory, if supply is halved and demand remains the same, the price should double. In practice, that didn’t happen:

Price rose only ~43% (from ~$63,800 to ~$95,000)

Miner revenue in USD declined, despite price growth

The cost of mining 1 BTC increased to ~$82,000

Profitability plummeted, and weaker miners began capitulating

Why halvings are no longer working
Every halving now demands a doubling of price to keep the ecosystem in balance. But:

Such growth is unsustainable — total market cap would become unrealistic

Emission cuts lead to a liquidity shortage on the market

Lower liquidity slows down turnover and reduces investment activity

The market becomes rigid and vulnerable to stagnation

Halvings don’t bring stability — they impose an ever-increasing demand for exponential growth, turning Bitcoin’s monetary policy into a series of escalating stress tests.

Liquidity Shortage as a Systemic Threat
In classical economics, liquidity shortages lead to slower money velocity, declining investment, and ultimately, recession. Bitcoin is showing the same symptoms:

Fewer new coins → less liquidity for exchange and trade

Rising mining costs → miners forced to sell reserves, adding price pressure

New participants lose motivation to enter the network due to higher costs and lower margins

False Expectations: Transaction Fees and Cost Reduction
Transaction fees won’t save post-halving economics.
To replace the diminishing block reward, either transaction fees must double, or the number of transactions must double — which is highly unlikely given current network throughput.

Mining costs cannot keep dropping every four years.
That belief is an outdated assumption from the early 2010s. Today, growing difficulty and energy costs make consistent cost reduction technically impossible.

Both assumptions — that fees will rise endlessly or that mining will get cheaper — are detached from reality.

What Must Be Rethought
Rigid halvings must go. The hard-coded drop in emissions should be replaced by a smoother transition.

Liquidity must be market-responsive, not bound to a calendar.

Stabilizing mechanisms are needed — as in macroeconomics: liquidity targeting, adaptive difficulty, response to drops in velocity.

Conclusion
Bitcoin is approaching a critical point: the hard-emission model that worked during early growth may now lead to stagnation and fragility. To maintain leadership in the crypto space, Bitcoin must evolve. Not by rejecting its foundations, but by redesigning its monetary model to match the maturity of its ecosystem and the realities of liquidity.

This is not a call for central planning, but a challenge: to create automatic, flexible, and decentralized regulation. Otherwise, the next halving may not be a growth catalyst — but a breaking point.

If you have ideas on how Bitcoin could adapt to the realities of a mature market — join the discussion. The solution may not lie in abolishing halvings, but in developing a new class of rules: not rigid, but rational.
Post
Topic
Board Altcoin Discussion
Topic OP
friends, i would like to discuss economics with you and hear your thoughts, what
by
mercurygermes@gmail.com
on 01/04/2025, 17:00:14 UTC
http://citucorp.com/white_papper
https://bitstorage.finance/spot/trading/CITUUSDT?interface=classic
https://app.exbitron.com/exchange/?market=CITU-USDT
https://dex-trade.com/spot/trading/CITUUSDT?interface=classic

The modern financial system often exhibits instability. Inflation erodes savings, while many new digital assets emerge and vanish, frequently built more on hype than on fundamental economic principles. In this context, there's a growing demand for instruments capable of preserving value, designed with reliance on time-tested economic theories.

Citu represents such an endeavor – an asset whose concept is deliberately built upon the ideas of Milton Friedman regarding the predictability of the money supply and the principles of the Austrian School of Economics, which emphasize the value of scarcity and market mechanisms. Citu is not a pursuit of technological novelty for its own sake, but rather an attempt to create a digital asset with programmed scarcity and limited divisibility, which in itself constitutes an interesting economic experiment.

To truly grasp the concept of Citu's scarcity, let's employ a visual metaphor. Imagine each smallest possible unit of the asset as a tiny object, let's call it an "ant," occupying an area of 1 cm². Now, let's distribute all these units evenly across a surface.

Bitcoin: The total number of Satoshis (Bitcoin's smallest units) is vast – approximately 2.1 quadrillion (2.1 × 10¹⁵). If each Satoshi were our "ant," they would cover a gigantic territory of about 210,000 sq km. This illustrates Bitcoin's scale and high divisibility, but also implies that the value of a single minimal unit is extremely small within the total volume.

Gold: The entire estimated mined supply of gold (around 205 billion grams), if each gram were an "ant," would cover approximately 20.5 sq km. This is significantly scarcer, comparable to the area of a large city park, yet still exists on a scale allowing for broad industrial and jewelry applications.

Citu: The projected maximum issuance of Citu is around 22.6 billion minimal units. If each of these is our 1 cm² "ant," the total area covered would be merely 2.26 sq km. This is the area of a small, exclusive city block. This metaphor highlights the extreme degree of scarcity embedded within Citu at the level of its minimal units, where each part of the whole carries significantly more "weight" compared to assets with much greater divisibility or total supply.

However, scarcity alone is just one element. Citu's economic model is a complex, self-regulating mechanism based on a hybrid consensus (combining Proof-of-Work and Proof-of-Stake) and a meticulously designed incentive system. Instead of a simple competition of computational power, the right to create a new block (approximately every 100-230 seconds) is determined by a participant's (node's) accumulated points.

These points are formed from several components, reflecting a multifaceted contribution to the network:

Difficulty Points: Participants choose a difficulty level (from 17 to 100) for their hash search. The higher the chosen difficulty, the harder it is to find a valid hash (Goal = 100 - Complexity), but the more points are awarded for this component (Difficulty * 15). This is the PoW element, rewarding computational effort.

Staking Points (mineScore): This is not passive income. Locked coins (stake) directly translate into points on an exponential scale (1.1 coins for the 1st point, 2.1 for the 2nd, etc., up to 30 points). This is an active PoS element: the greater your economic stake in the network, the higher your chance of being selected to create a block.

Transaction Points: The system encourages economic activity. Points are awarded based on the volume and uniqueness of transactions processed by the node (calculated based on transaction amounts from unique senders: 0.11 coins for the 1st point, 0.21 for the 2nd, etc.). Crucially, these points cannot exceed the node's Staking Points (mineScore), directly linking transactional throughput to a real economic commitment.

Random Component (Random Value): A deterministic random number (within a fixed range of 0-170), generated based on the block hash, adds an element of unpredictability. This prevents complete dominance by participants with maximum resources and promotes greater fairness.

Total Points = Difficulty Points + mineScore (Staking Points) + Transaction Points + Random Value. The node with the highest total points gets the right to create the next block and receive the reward.

The block reward itself is also dynamic and intelligently calculated:

It accounts for Time: The reward base gradually increases over the years ((1.005) ^ year), though capped by the overall emission schedule.

It considers the Chosen Difficulty: A higher block difficulty (difficultyV2 = max(complexity - 22, 0)) can increase the reward (difficultyV2 / 4 term), compensating miners for their increased effort.

It reflects Network Activity: A special coefficient (coefficient / 4 term, where coefficient is 3 or 0) increases the reward if the number of unique transactions and their volume grow compared to the previous block, incentivizing the network's economic "liveliness."

It includes an Overall Multiplier: Starting at 35 and linearly decreasing every 4 months, this ensures a controlled and predictable reduction in the emission rate over time. (Reward = Result × Multiplier).

Thus, the Citu system functions like an exceptionally thoughtful, impartial, and automated economic regulator. It is not subject to the whims of a central authority or human error. Its deterministic rules work tirelessly 24/7, incentivizing both security (through difficulty and staking) and economic activity (through transaction points and reward coefficients). It dynamically balances incentives for participants, aiming relentlessly to preserve the intrinsic value of Citu and protect the human effort represented by these coins.

This sophisticated system also incorporates lessons from history, such as the "Price Revolution" in Spain caused by an overabundance of gold from the New World, which led to inflation despite gold's intrinsic value. Citu is designed to prevent such a scenario of "scarcity inflation" through:

A strictly limited total supply.

A pre-programmed reduction in rewards (the decreasing Multiplier).

The difficulty and points mechanism: Earning rewards requires a combination of effort (PoW), economic commitment (PoS/staking), and participation in network activity. Coins cannot simply be "printed" in excess.

The active role of staking (mineScore): It doesn't just passively "remove surplus." It is a prerequisite for earning significant transaction points and a core component of the PoS influence, thereby integrating capital directly into the consensus process and the regulation of the circulating supply.

Consequently, Citu is positioned not as a speculative instrument, but as an asset whose stability and value stem from its complex yet logical architecture, founded on classical economic principles and enhanced by modern cryptographic and consensus mechanisms. It is a model for those seeking a potentially reliable store of value for the long term, built on transparent rules, mathematically grounded scarcity, and an inherent system of self-regulation that values and rewards genuine contribution to the ecosystem.
Post
Topic
Board Mining (Altcoins)
Topic OP
Friends, the final system has been created, the new cryptocurrency is described
by
mercurygermes@gmail.com
on 02/02/2025, 15:11:35 UTC
http://citucorp.com/charter_eng
http://citucorp.com/white_papper
http://citucorp.com/

friends, be sure to watch the charter first, and then the white paper. Please, do not download the cryptocurrency right away, first read the text and tell me what you agree and disagree with. The most important thing is your views on the text, how do you think these ideas will affect people's lives in 3-5 or more years.

For me, it is more important how these ideas affect your thoughts and what feelings they evoke. I would like you to try to dispute or agree with these ideas, I will try not to interfere in your dispute with other participants here, that is, I will not take anyone's side and want to know what you agree and disagree with.
Post
Topic
Board Announcements (Altcoins)
Re: Кpиптoвaлютa c yникaльнoй cиcтeмoй мaйни
by
mercurygermes@gmail.com
on 01/12/2024, 16:48:35 UTC
Post
Topic
Board Announcements (Altcoins)
Topic OP
Криптовалюта с уникальной системой майни
by
mercurygermes@gmail.com
on 01/12/2024, 16:19:03 UTC
# Введение

В современном мире, где традиционные резервные валюты сталкиваются с растущими вызовами, включая инфляционное давление и геополитические риски, возникает потребность в новой форме глобальной резервной валюты. В данной статье представлен инновационный механизм криптовалюты, который не только обеспечивает техническую надежность, но и воплощает ключевые характеристики идеальной резервной валюты: предсказуемую эмиссию, встроенную защиту от инфляции и прозрачное управление.

## Ключевые преимущества как резервной валюты

1. **Предсказуемая монетарная политика**
   - Математически заданная эмиссия исключает человеческий фактор
   - Прозрачный алгоритм изменения денежной массы
   - Защита от политического влияния на монетарную политику

2. **Встроенная защита от инфляции**
   - Саморегулирующийся механизм сложности
   - Динамическое управление предложением на основе модели Фридмана
   - Экономические стимулы для долгосрочного хранения

3. **Глобальная доступность и ликвидность**
   - Отсутствие географических ограничений
   - Стимулирование высокой транзакционной активности
   - Поощрение рыночной ликвидности через механизм вознаграждений

# Механизм Расчета Вознаграждения

## Этап 1: Базовое Вознаграждение

```
Награда = (5 + коэффициент + (сложность × 0,2) + дополнительный) × множитель
```

Где:
- Коэффициент (3 или 0): Стимулирует увеличение транзакционной активности
- Сложность (17-100): Обеспечивает саморегуляцию эмиссии
- Множитель: Начинается с 29, линейно снижается каждые 1.5 года

## Этап 2: Компенсационный Механизм

```
Дополнительно не может быть ниже нуля, он автоматически становиться ноль, если он ниже
Дополнительно = (сложность - 22) / 2
Награда_2 = Награда + (дополнительно × (коэффициент + 6))
```

## Этап 3: Модель Фридмана

```
blocksSinceStart = текущий индекс - 326840
год = blocksSinceStart / (432 × 360)
difficultyV2 = max(difficulty - 22, 0)

Результат = (24 + (коэффициент / 4) + (difficultyV2 / 4)) × (1,02)^год
Награда_3 = Награда_2 + Результат
```

# Инновационная Модель Майнинга

## Гибридная Система Консенсуса

Сочетание PoW и PoS создает уникальную модель безопасности, идеальную для резервной валюты:

```
Очки = (сложность × 25) + случайное_число + очки_ставок + очки_транзакций
```

## Механизм Стейкинга

Экспоненциальная шкала стейкинга:
- 1-й балл: 1,1 монеты
- 2-й балл: 2,1 монеты
- 3-й балл: 4,1 монеты
(и так далее)

[Предыдущие разделы остаются без изменений до раздела о транзакционных баллах]

## Система Транзакционных Баллов

Баллы за транзакции рассчитываются на основе суммы транзакций от уникальных отправителей:

Стоимость баллов:
- 1-й балл: 0,11 монет
- 2-й балл: 0,21 монет
- 3-й балл: 0,41 монет
(и так далее в геометрической прогрессии)

```
Максимум_баллов = сумма_баллов_стейкинга + (сложность - 19) × 3
```

## Особенности Делимости

Важной характеристикой данной криптовалюты является ограничение делимости до двух знаков после запятой. Это свойство имеет особое значение для резервной валюты:

1. **Предсказуемость расчетов**
   - Упрощает финансовое планирование
   - Снижает вычислительную нагрузку
   - Уменьшает вероятность ошибок при расчетах

2. **Стабильность стоимости**
   - Минимальная единица имеет существенную ценность
   - Препятствует чрезмерной спекуляции мелкими суммами
   - Способствует восприятию как серьезного финансового инструмента

3. **Практичность использования**
   - Соответствует традициям финансового учета
   - Упрощает интеграцию с существующими финансовыми системами
   - Облегчает массовое принятие

# Заключение

Представленная криптовалюта демонстрирует уникальные преимущества, которые делают её идеальным кандидатом на роль глобальной резервной валюты:

## Фундаментальные преимущества

1. **Оптимальная делимость**
   - Ограничение в два знака после запятой отражает практику традиционных резервных валют
   - Способствует стабильности цены и предотвращает микроспекуляции
   - Упрощает интеграцию с существующими финансовыми системами
   - Облегчает бухгалтерский учет и аудит
   - Повышает доверие институциональных инвесторов

2. **Экономическая устойчивость**
   - Математически гарантированная эмиссия предотвращает манипуляции
   - Модель Фридмана обеспечивает предсказуемый рост денежной массы
   - Гибридная система консенсуса повышает безопасность и стабильность
   - Саморегулирующийся механизм сложности адаптируется к рыночным условиям

3. **Институциональная привлекательность**
   - Прозрачная и неизменная монетарная политика
   - Отсутствие политического влияния на эмиссию
   - Предсказуемая инфляционная модель
   - Высокая ликвидность благодаря системе стимулов

4. **Технологическое превосходство**
   - Инновационный механизм консенсуса
   - Высокая степень безопасности
   - Эффективная обработка транзакций
   - Устойчивость к различным типам атак

## Преимущества перед существующими резервными валютами

http://www.citucorp.com/
https://bitstorage.finance/spot/trading/CITUUSDT?interface=classic 11.25.2024
https://dex-trade.com/spot/trading/CITUUSDT?interface=classic 11.27.2024
https://app.exbitron.com/exchange/?market=CITU-USDT 11.27.2024

Thanks to StianNOR for helping us get listed and now you can see prices on 3 exchanges at the same time

https://www.livecoinwatch.com/price/CorporationInternationalTradeUnion-CITU


1. **Над фиатными валютами:**
   - Независимость от политических решений отдельных стран
   - Защита от необоснованной эмиссии
   - Глобальная доступность без географических ограничений
   - Прозрачная и неизменная монетарная политика

2. **Над золотом:**
   - Мгновенная передача любых объемов
   - Отсутствие затрат на хранение и транспортировку
   - Простая верификация подлинности
   - Делимость без потери ценности

3. **Над другими криптовалютами:**
   - Оптимальная делимость для практического применения
   - Гибридная система консенсуса
   - Встроенные механизмы стабилизации
   - Эффективные стимулы для долгосрочного хранения

В условиях растущей нестабильности традиционной финансовой системы и увеличивающихся геополитических рисков, данная криптовалюта предлагает уникальное решение для глобальной резервной валюты. Сочетание математически обоснованной эмиссии, оптимальной делимости, прозрачной монетарной политики и технологической надежности создает финансовый инструмент, способный удовлетворить потребности как частных пользователей, так и институциональных инвесторов. Особенно важно отметить, что ограниченная делимость до двух знаков после запятой не только упрощает расчеты и учет, но и повышает доверие к валюте со стороны традиционных финансовых институтов, что критически важно для принятия в качестве глобальной резервной валюты.
Post
Topic
Board Announcements (Altcoins)
Re: Cryptocurrency with unique mining system citu entered the stock exchange
by
mercurygermes@gmail.com
on 01/12/2024, 06:27:43 UTC
Thanks to StianNOR for helping us get listed and now you can see prices on 3 exchanges at the same time https://www.livecoinwatch.com/price/CorporationInternationalTradeUnion-CITU
Post
Topic
Board Announcements (Altcoins)
Re: Cryptocurrency with unique mining system citu entered the stock exchange
by
mercurygermes@gmail.com
on 29/11/2024, 08:52:01 UTC
Post
Topic
Board Announcements (Altcoins)
Re: Cryptocurrency with unique mining system citu entered the stock exchange
by
mercurygermes@gmail.com
on 27/11/2024, 16:27:20 UTC
friends on the site http://www.citucorp.com/ look at the parameter multiplier: 29 it should fall to 28 in 17 days, this is an analogue of halving. look at the same site the parameter "How many blocks are left until the decline is shown here 7528" every 576*360 the multiplier decreases. Every day about 432 blocks are mined, so there are 7528/432=17 days left
Post
Topic
Board Announcements (Altcoins)
Re: Cryptocurrency with unique mining system citu entered the stock exchange
by
mercurygermes@gmail.com
on 27/11/2024, 14:05:19 UTC
Friends, I want to make you happy, we are already trading on three exchanges, and I think this is the beginning of our development
Post
Topic
Board Announcements (Altcoins)
Topic OP
Cryptocurrency with unique mining system citu entered the stock exchange
by
mercurygermes@gmail.com
on 26/11/2024, 06:31:18 UTC
http://www.citucorp.com/
https://bitstorage.finance/spot/trading/CITUUSDT?interface=classic 11.26.2024
http://www.citucorp.com/white_papper

11/27/2024 we will get to dex trade.


Introduction
In today's world, where traditional reserve currencies face growing challenges, including inflationary pressures and geopolitical risks, there is a need for a new form of global reserve currency. This article presents an innovative cryptocurrency mechanism that not only provides technical reliability but also embodies the key characteristics of an ideal reserve currency: predictable issuance, built-in inflation protection, and transparent governance.

Key Advantages as a Reserve Currency
1. Predictable Monetary Policy
Mathematically defined issuance eliminates the human factor
Transparent algorithm for changing the money supply
Protection from political influence on monetary policy
2. Built-in Inflation Protection
Self-regulating difficulty mechanism
Dynamic supply management based on the Friedman model
Economic incentives for long-term holding
3. Global Accessibility and Liquidity
No geographical restrictions
Encouraging high transactional activity
Promoting market liquidity through the reward mechanism
Reward Calculation Mechanism
Stage 1: Base Reward
Reward = (5 + coefficient + (difficulty × 0.2) + additional) × multiplier

Where:

Coefficient (3 or 0): Stimulates increased transactional activity
Difficulty (17-100): Ensures self-regulation of issuance
Multiplier: Starts at 29, decreases linearly every 1.5 years
Stage 2: Compensation Mechanism
Additional = (difficulty - 22) / 2

Reward_2 = Reward + (additional × (coefficient + 6))

Stage 3: Friedman Model
blocksSinceStart = current index - 326840

year = blocksSinceStart / (432 × 360)

difficultyV2 = max(difficulty - 22, 0)

Result = (24 + (coefficient / 4) + (difficultyV2 / 4)) × (1.02)year

Reward_3 = Reward_2 + Result

Innovative Mining Model
Hybrid Consensus System
The combination of PoW and PoS creates a unique security model, ideal for a reserve currency:

Points = (difficulty × 25) + a random number is generated from the hash block in the range from 0 to 150 + staking_points + transaction_points

Staking Mechanism
Exponential staking scale:

1st point: 1.1 coins
2nd point: 2.1 coins
3rd point: 4.1 coins
(and so on)
Transaction Points System
Transaction points are calculated based on the sum of transactions from unique senders:

Point values:

1st point: 0.11 coins
2nd point: 0.21 coins
3rd point: 0.41 coins
(and so on in a geometric progression)
Max_points = staking_points_sum + (difficulty - 19) × 3

Divisibility Features
An important characteristic of this cryptocurrency is the limitation of divisibility to two decimal places. This property is of particular importance for a reserve currency:

1. Predictability of Calculations
Simplifies financial planning
Reduces computational burden
Decreases the likelihood of calculation errors
2. Value Stability
The smallest unit has significant value
Prevents excessive speculation with small amounts
Promotes perception as a serious financial instrument
3. Practicality of Use
Consistent with financial accounting traditions
Simplifies integration with existing financial systems
Facilitates mass adoption
Conclusion
The presented cryptocurrency demonstrates unique advantages that make it an ideal candidate for the role of a global reserve currency:

Fundamental Advantages
1. Optimal Divisibility
Limitation to two decimal places reflects the practice of traditional reserve currencies
Promotes price stability and prevents micro-speculation
Simplifies integration with existing financial systems
Facilitates accounting and auditing
Increases confidence among institutional investors
2. Economic Stability
Mathematically guaranteed issuance prevents manipulation
The Friedman model ensures predictable growth of the money supply
Hybrid consensus system enhances security and stability
Self-regulating difficulty mechanism adapts to market conditions
Institutional Attractiveness
Transparent and immutable monetary policy
Absence of political influence on issuance
Predictable inflation model
High liquidity due to the incentive system
Technological Superiority
Innovative consensus mechanism
High degree of security
Efficient transaction processing
Resistance to various types of attacks
Advantages over Existing Reserve Currencies
Over Fiat Currencies:
Independence from political decisions of individual countries
Protection from unjustified issuance
Global accessibility without geographical restrictions
Transparent and immutable monetary policy
Over Gold:
Instant transfer of any volumes
No storage and transportation costs
Simple verification of authenticity
Divisibility without loss of value
Over Other Cryptocurrencies:
Optimal divisibility for practical application
Hybrid consensus system
Built-in stabilization mechanisms
Effective incentives for long-term holding
In the context of growing instability in the traditional financial system and increasing geopolitical risks, this cryptocurrency offers a unique solution for a global reserve currency. The combination of mathematically sound issuance, optimal divisibility, transparent monetary policy, and technological reliability creates a financial instrument capable of meeting the needs of both private users and institutional investors. It is especially important to note that the limitation of divisibility to two decimal places not only simplifies calculations and accounting but also increases trust in the currency from traditional financial institutions, which is critically important for adoption as a global reserve currency.
Post
Topic
Board Altcoin Discussion
Topic OP
new cryptocurrency citu, unique model
by
mercurygermes@gmail.com
on 25/11/2024, 18:49:18 UTC
http://www.citucorp.com/
https://bitstorage.finance/spot/trading/CITUUSDT?interface=classic
http://www.citucorp.com/white_papper

11/27/2024 we will get to dex trade.


Introduction
In today's world, where traditional reserve currencies face growing challenges, including inflationary pressures and geopolitical risks, there is a need for a new form of global reserve currency. This article presents an innovative cryptocurrency mechanism that not only provides technical reliability but also embodies the key characteristics of an ideal reserve currency: predictable issuance, built-in inflation protection, and transparent governance.

Key Advantages as a Reserve Currency
1. Predictable Monetary Policy
Mathematically defined issuance eliminates the human factor
Transparent algorithm for changing the money supply
Protection from political influence on monetary policy
2. Built-in Inflation Protection
Self-regulating difficulty mechanism
Dynamic supply management based on the Friedman model
Economic incentives for long-term holding
3. Global Accessibility and Liquidity
No geographical restrictions
Encouraging high transactional activity
Promoting market liquidity through the reward mechanism
Reward Calculation Mechanism
Stage 1: Base Reward
Reward = (5 + coefficient + (difficulty × 0.2) + additional) × multiplier

Where:

Coefficient (3 or 0): Stimulates increased transactional activity
Difficulty (17-100): Ensures self-regulation of issuance
Multiplier: Starts at 29, decreases linearly every 1.5 years
Stage 2: Compensation Mechanism
Additional = (difficulty - 22) / 2

Reward_2 = Reward + (additional × (coefficient + 6))

Stage 3: Friedman Model
blocksSinceStart = current index - 326840

year = blocksSinceStart / (432 × 360)

difficultyV2 = max(difficulty - 22, 0)

Result = (24 + (coefficient / 4) + (difficultyV2 / 4)) × (1.02)year

Reward_3 = Reward_2 + Result

Innovative Mining Model
Hybrid Consensus System
The combination of PoW and PoS creates a unique security model, ideal for a reserve currency:

Points = (difficulty × 25) + a random number is generated from the hash block in the range from 0 to 150 + staking_points + transaction_points

Staking Mechanism
Exponential staking scale:

1st point: 1.1 coins
2nd point: 2.1 coins
3rd point: 4.1 coins
(and so on)
Transaction Points System
Transaction points are calculated based on the sum of transactions from unique senders:

Point values:

1st point: 0.11 coins
2nd point: 0.21 coins
3rd point: 0.41 coins
(and so on in a geometric progression)
Max_points = staking_points_sum + (difficulty - 19) × 3

Divisibility Features
An important characteristic of this cryptocurrency is the limitation of divisibility to two decimal places. This property is of particular importance for a reserve currency:

1. Predictability of Calculations
Simplifies financial planning
Reduces computational burden
Decreases the likelihood of calculation errors
2. Value Stability
The smallest unit has significant value
Prevents excessive speculation with small amounts
Promotes perception as a serious financial instrument
3. Practicality of Use
Consistent with financial accounting traditions
Simplifies integration with existing financial systems
Facilitates mass adoption
Conclusion
The presented cryptocurrency demonstrates unique advantages that make it an ideal candidate for the role of a global reserve currency:

Fundamental Advantages
1. Optimal Divisibility
Limitation to two decimal places reflects the practice of traditional reserve currencies
Promotes price stability and prevents micro-speculation
Simplifies integration with existing financial systems
Facilitates accounting and auditing
Increases confidence among institutional investors
2. Economic Stability
Mathematically guaranteed issuance prevents manipulation
The Friedman model ensures predictable growth of the money supply
Hybrid consensus system enhances security and stability
Self-regulating difficulty mechanism adapts to market conditions
Institutional Attractiveness
Transparent and immutable monetary policy
Absence of political influence on issuance
Predictable inflation model
High liquidity due to the incentive system
Technological Superiority
Innovative consensus mechanism
High degree of security
Efficient transaction processing
Resistance to various types of attacks
Advantages over Existing Reserve Currencies
Over Fiat Currencies:
Independence from political decisions of individual countries
Protection from unjustified issuance
Global accessibility without geographical restrictions
Transparent and immutable monetary policy
Over Gold:
Instant transfer of any volumes
No storage and transportation costs
Simple verification of authenticity
Divisibility without loss of value
Over Other Cryptocurrencies:
Optimal divisibility for practical application
Hybrid consensus system
Built-in stabilization mechanisms
Effective incentives for long-term holding
In the context of growing instability in the traditional financial system and increasing geopolitical risks, this cryptocurrency offers a unique solution for a global reserve currency. The combination of mathematically sound issuance, optimal divisibility, transparent monetary policy, and technological reliability creates a financial instrument capable of meeting the needs of both private users and institutional investors. It is especially important to note that the limitation of divisibility to two decimal places not only simplifies calculations and accounting but also increases trust in the currency from traditional financial institutions, which is critically important for adoption as a global reserve currency.
Post
Topic
Board Development & Technical Discussion
Topic OP
hi friends, i will pay 50000 citu coins if someone solves a simple problem with
by
mercurygermes@gmail.com
on 21/08/2024, 14:51:01 UTC
http://citucorp.com/
https://discord.gg/C8drXSMxne
https://discord.gg/MqkvC3SGHH
citu4030@gmail.com

I'm mostly in discord. The problem is that although the code on the server and wallet is the same, when adding new blocks, the balance in both begins to differ. The addBlock3 method in the UtilsResolving class is responsible for recording, the UtilsBalance class is responsible for calculating the balance and rolling back, and the new sendMoneyNew and rollBackSendMoneyNew methods cut the balance to 8 characters. To check, you need to call http://locahost:8082/testCalculate on the wallet, I'm fine, the balances should not be displayed there and you will see { }, and the inscription wrong address 0,

the dex trade exchange is waiting for us and is ready to connect. Everything is paid. The starting price is 0.06 usdt, I will pay 50,000 citu, at the time of release it will be 3,000 usdt, in circulation 140 million. details on how to install on the site.
Post
Topic
Board Altcoin Discussion
Topic OP
Cryptocurrency created from scratch by an economist. citu
by
mercurygermes@gmail.com
on 07/06/2024, 17:34:59 UTC
Here's some compelling text that highlights the features of your cryptocurrency and its strengths:
Revolutionary cryptocurrency with a unique mining system!
Join our cutting-edge blockchain network and start mining the innovative cryptocurrency of the future. Our development is based on proven algorithms, but at the same time offers a completely new approach to mining.
Key benefits:
✨ Smooth growth in the value of the coin without sudden jumps and drops thanks to a unique mining system. More stability - more confidence!
✨ Protection from strong exchange rate volatility. Your investments are reliably protected from sharp price fluctuations.
✨ Fair distribution of rewards based on difficulty, staking and random numbers. The more you invest, the more you get!
✨ Powerful decentralization thanks to the interaction of a large number of nodes and a consensus algorithm. No one will be able to monopolize the network.
✨ Transparency and security are ensured by proven blockchain technology and open source code.
Don't miss the opportunity to become part of our innovative blockchain project! Start mining today at http://localhost:8082/ and secure your future financial freedom!
http://citucorp.com/
https://discord.gg/C8drXSMxne
CITU CRYPTOCURRENCY
Corporation International Trade Union
(Corporation International Trade Union - CITU)

Contacts
my discord https://discord.gg/MqkvC3SGHH

my web http://http://citucorp.com
my telegram https://t.me/citu_coin twitter @citu4030
gmail citu4030@gmail.com
------------------------------------------------------------------------------------------------------------
Note:
Block mining NOTE!!! THE BEING BLOCK HAS INDEX = 1, THE SAME AS THE ONE FOLLOWING IT. SO IN THIS BLOCKCHAIN ​​THERE ARE TWO BLOCKS WITH IDENTICAL INDICES, BUT WITH DIFFERENT CONTENT. THIS IS ABSOLUTELY NORMAL AND THIS IS THE FEATURE OF THIS BLOCKCHAIN. A unique mining system is implemented here, which stimulates a smooth increase in the value of the coin, preventing it from falling much with the onset of winter and is resistant to strong volatility, but at the same time the value increases. For mine, you need to go to localhost:8082/, multithreading is automatically turned on there and the number of threads is automatically turned on. Then go back to the menu in the top right corner and click on “Get Locked”, click on the “Start” button and then click on “International Union Corporation”, in the information window you should see “Is Mining Proper”. the update is also correct, which means that the system is loading the blockchain. Nothing will be displayed in the console, because if we display information there, mining will slow down six times for single-threaded and multi-threaded mining. If you want to turn off mining, click the “Stop” button twice, then click on the Corporation Intertation Union inscription, if everything stopped correctly, the information window will disappear. Under no circumstances should you interrupt the mining process by disabling the command line during mining or updating, as at this point the Blockchain and balance will be overwritten. When the information window goes out, mining will stop. A block is valid if the hash matches the target value according to this formula

Instructions:
In the get a block tab (http://localhost:8082/mining) you can make staking or withdraw money from staking. By filling in all fields. NOTE: IMPORTANT!!!!!! IF YOU CALL http://localhost:8082/testCalculate in the console you will see a list of accounts, and the balance there is different. Be sure to report this to the server owner, since the balance either on your wallet or on the server is not displayed correctly and he will not be able to send money. look at the picture. If the server owner has discovered this problem, then he should update the resources folder and you don’t have to worry, if the problem is with the server, all the owners are exceptional professionals and know their stuff. P.S. (At the moment, in addition to the founder, you can also contact @suprtrupr and @caspar2114 on discord, since they are one of the best in these matters and can help you when I don’t have time.)

Important Information:
In this system, the block with the most big random wins. Big random is a number that is formed from three components. 1. Difficulty 2. Random number 3. staking up to index 247867, each difficulty level gave 9 points. difficult * 9. after 247867 each difficulty level gives 55 points. Difficult * 55. up to index 247867 hash as a seed could give a number from 0 to 55. after 247867 hash as a seed, it gives a number from 0 to 135. up to index 247867, initial staking cost 1 coin, first point. After the index 247867, initial staking costs 10 coins, the first point. Now in more detail: this is the formula by which a single score is calculated. int result = deterministicRandom.nextInt(limit); result = (int) ((int) (result + (actual.getHashCompexity() * waight)) + calculateScore(miner.getDigitalStakingBalance(), number) 1. Difficulty. Each participant can choose the difficulty from 17 to 100. Each block has a hash, where the sum of the ones in bits must be equal to or lower than the target. The goal is calculated as 100 - difficulty (100 minus difficulty.). Each difficulty level gives 55 points. That is, if you set the difficulty to 20, then the difficulty points will be equal to 20 * 55 = 1100. 2. Random number. The hash of the block becomes the seed to generate a random number from 0 to 135. 3. Staking. Each subsequent point costs twice as much and is calculated using this formula: public static long calculateScore(double x, double x0) { if (x <= 0) { return 0; } double score = Math.ceil(Math.log(x / x0) / Math.log(2)); return Math.min(400, (long) score); } but this number cannot be more than 400. All points from the three parameters are summed up. Each node (server) selects one block with the highest number of points every 100 seconds. Afterwards, each node contacts random 7 nodes and compares the total big random (of all blocks of a given blockchain) of your blockchain and the blockchain of another node. If on another node the total big random is greater than on yours + the complexity of the last block, then your server will delete blocks up to the intersection point, and will add blocks of this node. The difference between blocks must be at least 100 seconds. The mining reward is calculated using the formula (5+coefficient + (difficulty * 0.2)) * multiplier. Where the multiplier is 29, but decreases by one each year until it reaches 1. The multiplier can be 0 or 3; For it to become equal to 3, two conditions must be met. 1. The sum of all transactions in the current block must be greater than in the previous block, excluding the founder's reward and the miner's reward. 2. The number of different senders in this block must be greater than in the previous block, not counting the base address from which the reward is sent to the founder and miner. http://94.87.236.238:82/winners this URL shows the last winner on this node, but does not show the winner if it was taken from another server and to see the last final winner you need /prevBlock P.S. (before this index 187200, the reward was also different and the details are Mining and UtilsUse).

History:
Story: a special block was created on index 24281, with the help of which we created 12,000,000 coins and these coins were given to the participants, since the blockchain was broken by an attack in 40 days and with the help of this address jPjuyLStHTCzwYt9J7R5M7pGUKshfcmEbtE3zVvCBE52 this money was returned to all participants who lost their coins. The bug in the code that allowed this attack was also finally fixed, and now the system is completely safe. Story: Starting from the index int V34_NEW_ALGO = 187200, the difficulty is selected by participants from 17 to 100. Before this index, the complexity algorithm changed and its details are in the UtilsBlock class method difficulty. Before this index, the mining algorithm also changed. Before index 151940, the mining algorithm was also different and the details are in the Block class as well as in related classes, UtilsUse.

Scoring Table:
Score   Minimum value `x` + 1
1   11
2   21
3   41
4   81
5   161
6   321
7   641
8   1281
9   2561
10   5121
11   10241
12   20481
13   40961
14   81921
15   163841
16   327681
17   655361
18   1310721
19   2621441
20   5242881
21   10485761
22   20971521
23   41943041
24   83886081
25   167772161
26   335544321
27   671088641
28   1342177281
29   2684354561
30   5368709121
31   10737418241
32   21474836481
33   42949672961
34   85899345921
35   171798691841
36   343597383681
37   687194767361
38   1374389534721
39   2748779069441
40   5497558138881
41   10995116277761
42   21990232555521
43   43980465111041
44   87960930222081
45   175921860444161
46   351843720888321
47   703687441776641
48   1407374883553281
49   2814749767106561
50   5629499534213121
51   11258999068426241
52   22517998136852481
53   45035996273704961
54   90071992547409921
55   180143985094819841
56   360287970189639681
57   720575940379279361
58   1441151880758558721
59   2882303761517117441
60   5764607523034234881
Post
Topic
Board Mining (Altcoins)
Re: Created from scratch, the new cryptocurrency citu, resistant to volatility
by
mercurygermes@gmail.com
on 06/06/2024, 18:58:50 UTC
Here's some compelling text that highlights the features of your cryptocurrency and its strengths:
Revolutionary cryptocurrency with a unique mining system!
Join our cutting-edge blockchain network and start mining the innovative cryptocurrency of the future. Our development is based on proven algorithms, but at the same time offers a completely new approach to mining.
Key benefits:
✨ Smooth growth in the value of the coin without sudden jumps and drops thanks to a unique mining system. More stability - more confidence!
✨ Protection from strong exchange rate volatility. Your investments are reliably protected from sharp price fluctuations.
✨ Fair distribution of rewards based on difficulty, staking and random numbers. The more you invest, the more you get!
✨ Powerful decentralization thanks to the interaction of a large number of nodes and a consensus algorithm. No one will be able to monopolize the network.
✨ Transparency and security are ensured by proven blockchain technology and open source code.
Don't miss the opportunity to become part of our innovative blockchain project! Start mining today at http://localhost:8082/ and secure your future financial freedom!
http://citucorp.com/
https://discord.gg/C8drXSMxne
CITU CRYPTOCURRENCY
Corporation International Trade Union
(Corporation International Trade Union - CITU)

Contacts
my discord https://discord.gg/MqkvC3SGHH

my web http://http://citucorp.com
my telegram https://t.me/citu_coin twitter @citu4030
gmail citu4030@gmail.com
------------------------------------------------------------------------------------------------------------
Note:
Block mining NOTE!!! THE BEING BLOCK HAS INDEX = 1, THE SAME AS THE ONE FOLLOWING IT. SO IN THIS BLOCKCHAIN ​​THERE ARE TWO BLOCKS WITH IDENTICAL INDICES, BUT WITH DIFFERENT CONTENT. THIS IS ABSOLUTELY NORMAL AND THIS IS THE FEATURE OF THIS BLOCKCHAIN. A unique mining system is implemented here, which stimulates a smooth increase in the value of the coin, preventing it from falling much with the onset of winter and is resistant to strong volatility, but at the same time the value increases. For mine, you need to go to localhost:8082/, multithreading is automatically turned on there and the number of threads is automatically turned on. Then go back to the menu in the top right corner and click on “Get Locked”, click on the “Start” button and then click on “International Union Corporation”, in the information window you should see “Is Mining Proper”. the update is also correct, which means that the system is loading the blockchain. Nothing will be displayed in the console, because if we display information there, mining will slow down six times for single-threaded and multi-threaded mining. If you want to turn off mining, click the “Stop” button twice, then click on the Corporation Intertation Union inscription, if everything stopped correctly, the information window will disappear. Under no circumstances should you interrupt the mining process by disabling the command line during mining or updating, as at this point the Blockchain and balance will be overwritten. When the information window goes out, mining will stop. A block is valid if the hash matches the target value according to this formula

Instructions:
In the get a block tab (http://localhost:8082/mining) you can make staking or withdraw money from staking. By filling in all fields. NOTE: IMPORTANT!!!!!! IF YOU CALL http://localhost:8082/testCalculate in the console you will see a list of accounts, and the balance there is different. Be sure to report this to the server owner, since the balance either on your wallet or on the server is not displayed correctly and he will not be able to send money. look at the picture. If the server owner has discovered this problem, then he should update the resources folder and you don’t have to worry, if the problem is with the server, all the owners are exceptional professionals and know their stuff. P.S. (At the moment, in addition to the founder, you can also contact @suprtrupr and @caspar2114 on discord, since they are one of the best in these matters and can help you when I don’t have time.)

Important Information:
In this system, the block with the most big random wins. Big random is a number that is formed from three components. 1. Difficulty 2. Random number 3. staking up to index 247867, each difficulty level gave 9 points. difficult * 9. after 247867 each difficulty level gives 55 points. Difficult * 55. up to index 247867 hash as a seed could give a number from 0 to 55. after 247867 hash as a seed, it gives a number from 0 to 135. up to index 247867, initial staking cost 1 coin, first point. After the index 247867, initial staking costs 10 coins, the first point. Now in more detail: this is the formula by which a single score is calculated. int result = deterministicRandom.nextInt(limit); result = (int) ((int) (result + (actual.getHashCompexity() * waight)) + calculateScore(miner.getDigitalStakingBalance(), number) 1. Difficulty. Each participant can choose the difficulty from 17 to 100. Each block has a hash, where the sum of the ones in bits must be equal to or lower than the target. The goal is calculated as 100 - difficulty (100 minus difficulty.). Each difficulty level gives 55 points. That is, if you set the difficulty to 20, then the difficulty points will be equal to 20 * 55 = 1100. 2. Random number. The hash of the block becomes the seed to generate a random number from 0 to 135. 3. Staking. Each subsequent point costs twice as much and is calculated using this formula: public static long calculateScore(double x, double x0) { if (x <= 0) { return 0; } double score = Math.ceil(Math.log(x / x0) / Math.log(2)); return Math.min(400, (long) score); } but this number cannot be more than 400. All points from the three parameters are summed up. Each node (server) selects one block with the highest number of points every 100 seconds. Afterwards, each node contacts random 7 nodes and compares the total big random (of all blocks of a given blockchain) of your blockchain and the blockchain of another node. If on another node the total big random is greater than on yours + the complexity of the last block, then your server will delete blocks up to the intersection point, and will add blocks of this node. The difference between blocks must be at least 100 seconds. The mining reward is calculated using the formula (5+coefficient + (difficulty * 0.2)) * multiplier. Where the multiplier is 29, but decreases by one each year until it reaches 1. The multiplier can be 0 or 3; For it to become equal to 3, two conditions must be met. 1. The sum of all transactions in the current block must be greater than in the previous block, excluding the founder's reward and the miner's reward. 2. The number of different senders in this block must be greater than in the previous block, not counting the base address from which the reward is sent to the founder and miner. http://94.87.236.238:82/winners this URL shows the last winner on this node, but does not show the winner if it was taken from another server and to see the last final winner you need /prevBlock P.S. (before this index 187200, the reward was also different and the details are Mining and UtilsUse).

History:
Story: a special block was created on index 24281, with the help of which we created 12,000,000 coins and these coins were given to the participants, since the blockchain was broken by an attack in 40 days and with the help of this address jPjuyLStHTCzwYt9J7R5M7pGUKshfcmEbtE3zVvCBE52 this money was returned to all participants who lost their coins. The bug in the code that allowed this attack was also finally fixed, and now the system is completely safe. Story: Starting from the index int V34_NEW_ALGO = 187200, the difficulty is selected by participants from 17 to 100. Before this index, the complexity algorithm changed and its details are in the UtilsBlock class method difficulty. Before this index, the mining algorithm also changed. Before index 151940, the mining algorithm was also different and the details are in the Block class as well as in related classes, UtilsUse.

Scoring Table:
Score   Minimum value `x` + 1
1   11
2   21
3   41
4   81
5   161
6   321
7   641
8   1281
9   2561
10   5121
11   10241
12   20481
13   40961
14   81921
15   163841
16   327681
17   655361
18   1310721
19   2621441
20   5242881
21   10485761
22   20971521
23   41943041
24   83886081
25   167772161
26   335544321
27   671088641
28   1342177281
29   2684354561
30   5368709121
31   10737418241
32   21474836481
33   42949672961
34   85899345921
35   171798691841
36   343597383681
37   687194767361
38   1374389534721
39   2748779069441
40   5497558138881
41   10995116277761
42   21990232555521
43   43980465111041
44   87960930222081
45   175921860444161
46   351843720888321
47   703687441776641
48   1407374883553281
49   2814749767106561
50   5629499534213121
51   11258999068426241
52   22517998136852481
53   45035996273704961
54   90071992547409921
55   180143985094819841
56   360287970189639681
57   720575940379279361
58   1441151880758558721
59   2882303761517117441
60   5764607523034234881


Post
Topic
Board Mining (Altcoins)
Topic OP
Created from scratch, the new cryptocurrency citu, resistant to volatility
by
mercurygermes@gmail.com
on 06/06/2024, 18:47:21 UTC
Here's some compelling text that highlights the features of your cryptocurrency and its strengths:
Revolutionary cryptocurrency with a unique mining system!
Join our cutting-edge blockchain network and start mining the innovative cryptocurrency of the future. Our development is based on proven algorithms, but at the same time offers a completely new approach to mining.
Key benefits:
✨ Smooth growth in the value of the coin without sudden jumps and drops thanks to a unique mining system. More stability - more confidence!
✨ Protection from strong exchange rate volatility. Your investments are reliably protected from sharp price fluctuations.
✨ Fair distribution of rewards based on difficulty, staking and random numbers. The more you invest, the more you get!
✨ Powerful decentralization thanks to the interaction of a large number of nodes and a consensus algorithm. No one will be able to monopolize the network.
✨ Transparency and security are ensured by proven blockchain technology and open source code.
Don't miss the opportunity to become part of our innovative blockchain project! Start mining today at http://localhost:8082/ and secure your future financial freedom!
http://citucorp.com/
https://discord.gg/C8drXSMxne
CITU CRYPTOCURRENCY
Corporation International Trade Union
(Corporation International Trade Union - CITU)

Contacts
my discord https://discord.gg/MqkvC3SGHH
https://discord.gg/czzQfKDy
my web http://http://citucorp.com
my telegram https://t.me/citu_coin twitter @citu4030
gmail citu4030@gmail.com
------------------------------------------------------------------------------------------------------------
Note:
Block mining NOTE!!! THE BEING BLOCK HAS INDEX = 1, THE SAME AS THE ONE FOLLOWING IT. SO IN THIS BLOCKCHAIN ​​THERE ARE TWO BLOCKS WITH IDENTICAL INDICES, BUT WITH DIFFERENT CONTENT. THIS IS ABSOLUTELY NORMAL AND THIS IS THE FEATURE OF THIS BLOCKCHAIN. A unique mining system is implemented here, which stimulates a smooth increase in the value of the coin, preventing it from falling much with the onset of winter and is resistant to strong volatility, but at the same time the value increases. For mine, you need to go to localhost:8082/, multithreading is automatically turned on there and the number of threads is automatically turned on. Then go back to the menu in the top right corner and click on “Get Locked”, click on the “Start” button and then click on “International Union Corporation”, in the information window you should see “Is Mining Proper”. the update is also correct, which means that the system is loading the blockchain. Nothing will be displayed in the console, because if we display information there, mining will slow down six times for single-threaded and multi-threaded mining. If you want to turn off mining, click the “Stop” button twice, then click on the Corporation Intertation Union inscription, if everything stopped correctly, the information window will disappear. Under no circumstances should you interrupt the mining process by disabling the command line during mining or updating, as at this point the Blockchain and balance will be overwritten. When the information window goes out, mining will stop. A block is valid if the hash matches the target value according to this formula

Instructions:
In the get a block tab (http://localhost:8082/mining) you can make staking or withdraw money from staking. By filling in all fields. NOTE: IMPORTANT!!!!!! IF YOU CALL http://localhost:8082/testCalculate in the console you will see a list of accounts, and the balance there is different. Be sure to report this to the server owner, since the balance either on your wallet or on the server is not displayed correctly and he will not be able to send money. look at the picture. If the server owner has discovered this problem, then he should update the resources folder and you don’t have to worry, if the problem is with the server, all the owners are exceptional professionals and know their stuff. P.S. (At the moment, in addition to the founder, you can also contact @suprtrupr and @caspar2114 on discord, since they are one of the best in these matters and can help you when I don’t have time.)

Important Information:
In this system, the block with the most big random wins. Big random is a number that is formed from three components. 1. Difficulty 2. Random number 3. staking up to index 247867, each difficulty level gave 9 points. difficult * 9. after 247867 each difficulty level gives 55 points. Difficult * 55. up to index 247867 hash as a seed could give a number from 0 to 55. after 247867 hash as a seed, it gives a number from 0 to 135. up to index 247867, initial staking cost 1 coin, first point. After the index 247867, initial staking costs 10 coins, the first point. Now in more detail: this is the formula by which a single score is calculated. int result = deterministicRandom.nextInt(limit); result = (int) ((int) (result + (actual.getHashCompexity() * waight)) + calculateScore(miner.getDigitalStakingBalance(), number) 1. Difficulty. Each participant can choose the difficulty from 17 to 100. Each block has a hash, where the sum of the ones in bits must be equal to or lower than the target. The goal is calculated as 100 - difficulty (100 minus difficulty.). Each difficulty level gives 55 points. That is, if you set the difficulty to 20, then the difficulty points will be equal to 20 * 55 = 1100. 2. Random number. The hash of the block becomes the seed to generate a random number from 0 to 135. 3. Staking. Each subsequent point costs twice as much and is calculated using this formula: public static long calculateScore(double x, double x0) { if (x <= 0) { return 0; } double score = Math.ceil(Math.log(x / x0) / Math.log(2)); return Math.min(400, (long) score); } but this number cannot be more than 400. All points from the three parameters are summed up. Each node (server) selects one block with the highest number of points every 100 seconds. Afterwards, each node contacts random 7 nodes and compares the total big random (of all blocks of a given blockchain) of your blockchain and the blockchain of another node. If on another node the total big random is greater than on yours + the complexity of the last block, then your server will delete blocks up to the intersection point, and will add blocks of this node. The difference between blocks must be at least 100 seconds. The mining reward is calculated using the formula (5+coefficient + (difficulty * 0.2)) * multiplier. Where the multiplier is 29, but decreases by one each year until it reaches 1. The multiplier can be 0 or 3; For it to become equal to 3, two conditions must be met. 1. The sum of all transactions in the current block must be greater than in the previous block, excluding the founder's reward and the miner's reward. 2. The number of different senders in this block must be greater than in the previous block, not counting the base address from which the reward is sent to the founder and miner. http://94.87.236.238:82/winners this URL shows the last winner on this node, but does not show the winner if it was taken from another server and to see the last final winner you need /prevBlock P.S. (before this index 187200, the reward was also different and the details are Mining and UtilsUse).

History:
Story: a special block was created on index 24281, with the help of which we created 12,000,000 coins and these coins were given to the participants, since the blockchain was broken by an attack in 40 days and with the help of this address jPjuyLStHTCzwYt9J7R5M7pGUKshfcmEbtE3zVvCBE52 this money was returned to all participants who lost their coins. The bug in the code that allowed this attack was also finally fixed, and now the system is completely safe. Story: Starting from the index int V34_NEW_ALGO = 187200, the difficulty is selected by participants from 17 to 100. Before this index, the complexity algorithm changed and its details are in the UtilsBlock class method difficulty. Before this index, the mining algorithm also changed. Before index 151940, the mining algorithm was also different and the details are in the Block class as well as in related classes, UtilsUse.

Scoring Table:
Score   Minimum value `x` + 1
1   11
2   21
3   41
4   81
5   161
6   321
7   641
8   1281
9   2561
10   5121
11   10241
12   20481
13   40961
14   81921
15   163841
16   327681
17   655361
18   1310721
19   2621441
20   5242881
21   10485761
22   20971521
23   41943041
24   83886081
25   167772161
26   335544321
27   671088641
28   1342177281
29   2684354561
30   5368709121
31   10737418241
32   21474836481
33   42949672961
34   85899345921
35   171798691841
36   343597383681
37   687194767361
38   1374389534721
39   2748779069441
40   5497558138881
41   10995116277761
42   21990232555521
43   43980465111041
44   87960930222081
45   175921860444161
46   351843720888321
47   703687441776641
48   1407374883553281
49   2814749767106561
50   5629499534213121
51   11258999068426241
52   22517998136852481
53   45035996273704961
54   90071992547409921
55   180143985094819841
56   360287970189639681
57   720575940379279361
58   1441151880758558721
59   2882303761517117441
60   5764607523034234881

Post
Topic
Board Announcements (Altcoins)
Re: A unique cryptocurrency with a unique mining system, which is completely written
by
mercurygermes@gmail.com
on 22/07/2023, 08:09:30 UTC
I can’t answer right now, how is another specialist working on this
Post
Topic
Board Announcements (Altcoins)
Re: A unique cryptocurrency with a unique mining system, which is completely written
by
mercurygermes@gmail.com
on 20/07/2023, 13:28:03 UTC
ok bro mining pool will be realesed
Post
Topic
Board Announcements (Altcoins)
Re: A unique cryptocurrency with a unique mining system, which is completely written
by
mercurygermes@gmail.com
on 17/07/2023, 09:11:52 UTC
You need to make a mining pool to distribute coins reasonably

I'm working on it bro.
Post
Topic
Board Mining (Altcoins)
Re: A unique cryptocurrency with a unique mining system, which is completely written
by
mercurygermes@gmail.com
on 15/07/2023, 19:55:19 UTC
12. the total number of coins never exceeds 10 billion dollars and will reach this value in about 100 years.

So, if I understood it correctly, the more coins there is mined, they are worth less and less because total market value of coins cant be more than 10 billion dollars?
Why would anyone mine this then? If there is more miners and more coins is mined, miners are actually loosing money beacause coins are worth less

the cost of coins, on the contrary, is growing, since the number is limited. bitcoin is also limited, but the difference is that in bitcoin a miner produces half as much every four years, but this coin does not reduce the number of mined coins, that miners have a constant income.
Post
Topic
Board Bitcoin Technical Support
Topic OP
Need help organizing a peer-to-peer network
by
mercurygermes@gmail.com
on 15/07/2023, 18:26:18 UTC
Friends, the project is fully operational and written in Java, but now one server is working and the problem is that wallets are connected to the storage (the only server)
and from there they download their blocks.
In fact, the storage plays the role of not only storing the blockchain, but also updating its contents. The problem is that with an increase in the number of participants, the load grows, is it possible to somehow connect them directly behind NAT, through UPD or in another way, so that it looks like bitcoin. Now each participant mines on their own computer, but the fact that they download the actual blocks not from each other, but from the server, creates problems.

*************************************************************************************************************************
Hello bro.
If you are reading this text, you have stumbled upon a cryptocurrency that is completely written from scratch and is unique.
What are its benefits.
1. He has a unique mining system built on the basis of SHA - 256.
2. Difficulty adapts every 12 hours.
3. Two types of coins are mined at the same time, DIGITAL DOLLARS and DIGITAL SHARES.
4. A unique system that allows you to mine each block for 400 DIGITAL DOLLARS and 400 DIGITAL SHARES, while the total money supply does not constantly grow, since 0.2% of digital dollars and 0.4% of digital shares are burned from each account every six months.
5. An election system that allows you to create your own faction and vote on the rules of the network directly.
6. Budget system, a public budget that can be spent with the help of shareholder votes.
7. A unique system of government that is built with elements of the English Parliament and a charter that was inspired by the US constitution and Libertarian principles including the NAP.
8. The ability to mine blocks directly on the local server, which automatically connects to the global server that only stores, updates and gives the current blockchain.
9. There are 576 blocks per day.
10. All settings are made taking into account knowledge in the field of Macroeconomics and took into account such schools as Milton Friedman's Monetarism, the Austrian School of Economics (Mises, Hayek), Silvio Gezel - money with demurrage and other books.
11. The algorithm is designed in such a way that over time the economy will grow more steadily and will have a more stable course, which will prevent future crises such as the Deflationary Spiral and Stagflation, and also allow for the optimal development of all of humanity.
12. the total number of coins never exceeds 10 billion dollars and will reach this value in about 100 years.

mission.
Using a new economic model that is resistant to deflationary and inflationary crises, unite humanity into a single democratic trading network.
Our digital democracy is resistant to vote-stuffing and the parliament represents all sections of society.
First of all, we are creating a democratic platform where the views of all participants should be heard.

Ultimately, this system will be able to function as a Confederation or Federation for humanity.
and eliminate such problems as financial crises (Deflationary Spiral, Stagflation, Galloping inflation, etc.)
Pandemics, Space Threats, Environmental Issues and will reduce the occurrence of military conflicts.

my discord https://discord.gg/MqkvC3SGHH
my telegram https://t.me/citu_coin
my web http://194.87.236.238/
This part of the code runs on a local disk and you can mine immediately, it connects to a server whose source code is also available and one such server has already been raised.
https://github.com/CorporateFounder/unitedStates_final

server storage
https://github.com/CorporateFounder/unitedStates_storage