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Showing 5 of 5 results by plenteum-dev
Re: [ANN] [CN-Lite V1] Plenteum - faster, lighter chain, saving on fees
Still no information about exchanges? Or you are working on it? Seems everything good, but I want to see the next information related exchange firstly. Then, I am also curious about bounties and airdrops program of Plenteum. thanks
We have not applied for any exchange listings as yet - we're working on getting our WP and Website up first.
Is this coin PoW only? CPU/GPU mineable, we need more detalis. Good luck!
Yes, PoW only, CPU/GPU minable, ASIC resistant... details coming early next week, or join discord where we have some initial top level info published in the form of Q&A with some of the users
thanks for the support!
Re: [ANN] [CN-Lite V1] Plenteum - faster, lighter chain, saving on fees
Sounds like great idea but: "We are looking to implement the dust fund around block 65500!"
So it's not implemented yet, not tested, you don't know if it will work...?
it's sad 
There is a lot of coins with "we will have magic feature" that never implemented.
So it's not implemented yet, not tested, you don't know if it will work...?
it's sad There is a lot of coins with "we will have magic feature" that never implemented.
Appreciate that there will be skepticism, we've done some simulations and the "idea" is sound, but there's unfortunately no way to prove it outright - it will be implemented (yes, you can hold me to that :-) )
Block 65500 is the target go-live date for the DustFund
Re: [ANN] [CN-Lite V1] Plenteum - faster, lighter chain, saving on fees
wallet windows?
Hi, you'll need to compile from source, we are aiming to get the windows wallets released within the next 24 hours
Re: [ANN] [CN-Lite V1] Plenteum - faster, lighter chain, saving on fees
Unfair launch.. You launched coin with your palz there before. 
We did not launch with anyone we know - we put the source up on github yesterday to test some linux builds, and it was found and people started running nodes so we decided to run with it. This was around 24 hours ago and we've been scrambling to get the basics in place so we could make the announcement as soon as possible.
Sincerest apologies.
[ANN] [CN-Lite V1] Plenteum - faster, lighter chain, saving on fees
https://user-images.githubusercontent.com/38456463/43392866-43c69cf4-93f5-11e8-81e2-3e3f81b6ca1d.png
Ticker: PLE
Our Aim is create a lighter, faster chain by removing dust and utilising this to sustain future mining rewards, and reducing fees.
GitHub: https://github.com/plenteum/plenteum
Website: https://www.plenteum.com
Features:
- Cryptonight Lite V1
- 120 second block time
- 21,000,000,000 total supply
- 2.5% premine
Why Plenteum ?
As you are probably aware, transaction fees are a contentious issue - there's uncertainty over whether fees will be enough to sustain mining long term, when emissions start to run out and there's unhappiness over how expensive fees can be, even for small amounts as fees are based on byte size, and not transaction amounts.
Our idea is to utilise DUST to solve this (and the general DUST issues that exist in a number of blockchains).
Our blockchain will not require transaction fees
The blockchain will have a new feature called the "DustFund"....
Instead of returning dust to users wallets, dust will be grouped and added to the dust fund on the chain (balance visible in block explorer)
- Users can opt out of this and elect to have their dust returned to their wallets
- this is done by operating the coin and base requards off 8 decimals, wher only 2 are usable.
The dust fund will then be used to supliment mining rewards when the coin enters it tail emission phase, instead of fees.
Ultimately what this means for the chain is as follows:
- No more "bloat" from dust, so chain is lighter and faster
- No more "dust" problem in wallets, avoiding high fees and the need for second wallet and additional (likely high) transaction costs to consolidate dust.
- No enforced transaction fees (we are considering the idea of allowing fees to increase transaction priority, but currently not sure when that will be implemented, will take the lead from the community)
This ultimately means that the success (or failure) of the coin is entirely up to the community, and NOT predetermined by the developers of the coin...
- We can also more accuratley predict transaction throughput times
- And, there is less likelihood of transactions timing out
Premine:
2.5% of total coins (525 million) have been premined in block 1.
1% is for operational expenses.
1% is for exchange listings.
0.5% is for airdrops, bounties, marketing, PR, and social media.
Downloads:
Release: https://github.com/plenteum/plenteum/releases
Website:
https://www.plenteum.com
Exchanges:
https://app.stex.com
https://fcbaccount.com
Pools:
http://plenteum.miner.care/
http://crypto9coin.cf/ple
https://getpool.org/ple/
http://ple.optimusblue.com/
https://plenteum.virtopia.ca
Block Explorer:
http://block-explorer.plenteum.com
Community:
Discord: https://discord.gg/EdE5jcC
Twitter: https://twitter.com/plenteum
Source:
Github: https://github.com/plenteum/plenteum
More info on Bounties and Airdrops to follow soon...
Ticker: PLE
Our Aim is create a lighter, faster chain by removing dust and utilising this to sustain future mining rewards, and reducing fees.
GitHub: https://github.com/plenteum/plenteum
Website: https://www.plenteum.com
Features:
- Cryptonight Lite V1
- 120 second block time
- 21,000,000,000 total supply
- 2.5% premine
Why Plenteum ?
As you are probably aware, transaction fees are a contentious issue - there's uncertainty over whether fees will be enough to sustain mining long term, when emissions start to run out and there's unhappiness over how expensive fees can be, even for small amounts as fees are based on byte size, and not transaction amounts.
Our idea is to utilise DUST to solve this (and the general DUST issues that exist in a number of blockchains).
Our blockchain will not require transaction fees
The blockchain will have a new feature called the "DustFund"....
Instead of returning dust to users wallets, dust will be grouped and added to the dust fund on the chain (balance visible in block explorer)
- Users can opt out of this and elect to have their dust returned to their wallets
- this is done by operating the coin and base requards off 8 decimals, wher only 2 are usable.
The dust fund will then be used to supliment mining rewards when the coin enters it tail emission phase, instead of fees.
Ultimately what this means for the chain is as follows:
- No more "bloat" from dust, so chain is lighter and faster
- No more "dust" problem in wallets, avoiding high fees and the need for second wallet and additional (likely high) transaction costs to consolidate dust.
- No enforced transaction fees (we are considering the idea of allowing fees to increase transaction priority, but currently not sure when that will be implemented, will take the lead from the community)
This ultimately means that the success (or failure) of the coin is entirely up to the community, and NOT predetermined by the developers of the coin...
- We can also more accuratley predict transaction throughput times
- And, there is less likelihood of transactions timing out
Premine:
2.5% of total coins (525 million) have been premined in block 1.
1% is for operational expenses.
1% is for exchange listings.
0.5% is for airdrops, bounties, marketing, PR, and social media.
Downloads:
Release: https://github.com/plenteum/plenteum/releases
Website:
https://www.plenteum.com
Exchanges:
https://app.stex.com
https://fcbaccount.com
Pools:
http://plenteum.miner.care/
http://crypto9coin.cf/ple
https://getpool.org/ple/
http://ple.optimusblue.com/
https://plenteum.virtopia.ca
Block Explorer:
http://block-explorer.plenteum.com
Community:
Discord: https://discord.gg/EdE5jcC
Twitter: https://twitter.com/plenteum
Source:
Github: https://github.com/plenteum/plenteum
More info on Bounties and Airdrops to follow soon...