Search content
Sort by

Showing 12 of 12 results by sparkles
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin crowdfunding?
by
sparkles
on 07/12/2014, 19:14:23 UTC
Is it something worth looking into?  Has anyone here had any Bitcoin crowdfunding successes? 

Ethereum, Maidsafe, BitShares, Mastercoin, PeerTracks all raised over a half million dollars up to several million. 
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPK] Sparkle - Proof of Work meets BitShares
by
sparkles
on 07/12/2014, 19:03:24 UTC
Wait is this a ninja launch or something?Why is the thread so quiet?

Bitcoin meets BitShares. This can be HUGE!

Would love to see how this develops.
It's still in testing phase.

I see. So the official launch will be after the 14th December snapshot date I presume?

Yes.  We are testing now and paying miners now to motivate testing/hacking the system.  So far it has worked well and we have found several bugs.

If you are mining please upgrade to Alpha.6 soon because the test network is hard forking to fix an attack in the mining validation logic. 

can you already provide a windows binary?

I don't have a windows machine.  I am looking for someone to help maintain the windows release.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPK] Sparkle - Proof of Work meets BitShares
by
sparkles
on 07/12/2014, 15:58:08 UTC
Wait is this a ninja launch or something?Why is the thread so quiet?

Bitcoin meets BitShares. This can be HUGE!

Would love to see how this develops.
It's still in testing phase.

I see. So the official launch will be after the 14th December snapshot date I presume?

Yes.  We are testing now and paying miners now to motivate testing/hacking the system.  So far it has worked well and we have found several bugs.

If you are mining please upgrade to Alpha.6 soon because the test network is hard forking to fix an attack in the mining validation logic. 
Post
Topic
Board Mining (Altcoins)
Re: [ANN][SPK] Sparkle Test Net Mining - Honored in Real Network
by
sparkles
on 29/11/2014, 01:23:04 UTC
Any chance of getting windows binaries?

I am working to find someone to help maintain the windows build.   
Post
Topic
Board Mining (Altcoins)
Re: [ANN][SPK] Sparkle Test Net Mining - Honored in Real Network
by
sparkles
on 28/11/2014, 23:04:55 UTC
Proof of work is SHA512 there are no optimized miners for this yet.

If you have PTS then you will get some Sparks. 

There are only 12 connections to the test net.   Easy pickings right now.
Post
Topic
Board Mining (Altcoins)
Re: [ANN][SPK] Sparkle Test Net Mining - Honored in Real Network
by
sparkles
on 28/11/2014, 22:33:48 UTC
If you downloaded the wallet already, download the latest.  I fixed a bug in difficulty adjustment.  Old blocks are fine.  There were only 2 connections at the time so I hard forked immediately.   
Post
Topic
Board Mining (Altcoins)
Topic OP
[ANN][SPK] Sparkle Test Net Mining - Honored in Real Network
by
sparkles
on 28/11/2014, 21:11:25 UTC
Sparkle is BitShares + Proof of Work consensus rather than DPOS.   

The Sparkle test network is live and because we want to test the mining system we have decided to honor the block producers in the real chain.  Thus you can mine (but not trade) Sparks today. 

Mining will never be easier and the announcement of the December 14th snapshot of PTS has already pushed the price up.   

https://github.com/sparkle5/Sparkle/releases

There is a Mac build but no windows build at this time.   We are actively looking for someone to maintain the windows build.  This will be a paid position once the block chain is live.   
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPK] Sparkle - Proof of Work meets BitShares
by
sparkles
on 28/11/2014, 20:22:17 UTC
https://github.com/sparkle5/Sparkle/releases/tag/alpha.1

Download the client...  to enable mining go to console and type"

"wallet_enable_mining account_to_mine_with true"

Once you have enough connections your computer will start mining.

As Bytemaster suggested I will honor all mined blocks from the test network in the real network genesis block.


Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPK] Sparkle - Proof of Work meets BitShares
by
sparkles
on 28/11/2014, 17:51:35 UTC
I will do the snapshot on December 14th, the anniversary of the American Revolution:

Quote
The first military encounter of the American Revolution occurred, when on the report of news carried by Paul Revere that the British intended to station a garrison at Portsmouth, New Hampshire; Major John Sullivan led a band of militia to Fort William and Mary, broke into its arsenal, and carried off arms and ammunition, 1774

This applies for BTS and PTS.   BitAssets will not be honored, shorts will gain 2x and this is intentional because I want to reward those most heavily invested in BTS.

This will be the LAST block produced on December 14th UTC.   I will not ask any exchanges to honor the snapshot and will ask everyone who wants to participate in it to remove it from the exchanges.  In fact I will go so far as to declare that the exchanges OWN the snapshot of funds deposited in them as an incentive for them to list Sparkle and to reward them for supporting the BitShares ecosystem.

Lets make life easy on the exchanges and NOT ask them to honor this snapshot, but DO ask them to list it after we launch.   
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPK] Sparkle - Proof of Work meets BitShares
by
sparkles
on 27/11/2014, 22:21:10 UTC
How many delegates (miners) do you plan to have? Will it be a hard limit or can anyone and everyone mine? Will the miners/delegates be voted in or will it be open to anyone to solve blocks?

Good to see the Bitshares toolkit being used.

Anyone can mine, but there are only 101 workers.   The workers do not produce blocks.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPK] Sparkle - Proof of Work meets BitShares
by
sparkles
on 26/11/2014, 21:52:26 UTC
I'm skeptical - but interested.

DPOS is either superior to POW - or it isn't.

This is why Sparkle exists.   Someone had to create it and let the market sort it out.   
Post
Topic
Board Announcements (Altcoins)
Topic OP
[ANN][SPK] Sparkle - Proof of Work meets BitShares
by
sparkles
on 26/11/2014, 21:11:30 UTC
Sparkle is the first "2.0" variation based upon Proof of Work.   Ripple, Nxt, BitShares, and potentially Ethereum are all Proof of Stake systems.  Sparkle will add some shine to proof of work chains.

Sparkle replaces the Delegated Proof of Stake of BitShares with good old fashioned proof of work.  The "delegates" retain the role of producing price feeds for BitAssets (market pegged, 3x collateralized, block chain enforced assets pegged to Gold, Silver, the Dollar and Bitcoin).

Currency Unit:  SPK (Spark)
Mining Algorithm: SHA512  (initial, may change subject to delegate vote.)
Initial Supply: 100M SPK  (Divided among AGS, PTS, and BTS holders)
Mining Reward:  50 SPK / block, linearlly decreasing to 0 over 100 years.
Workers Reward:  50 SPK / block, linearlly decreasing to 0 over 100 years.
Block Interval: 20 seconds
Maximum Spark Supply: 7,984,000,000 SPK after 100 years.
Precision:  5 decimal places

http://thetruesparkles.wix.com/sparkle
https://github.com/sparkle5/Sparkle

SubForum Available on BitSharesTalk
https://bitsharestalk.org/index.php?board=80.0


Sparkle is under testing right now and has a working implementation.   Mining will begin as soon as we can merge the next stable release of BitShares into the code base.  

Sparkle inherits all of the great innovations in BitShares including:
  TITAN          - transfer invisibly to any name.
  Self Funding - Elected workers can grow and promote Sparkle without having to do a crowd sale.
  BitAssets     - Market pegged assets.
  Escrow        - simple, easy to use escrow payments
  User Assets  - Users can issue their own currencies  

Sparkle will adapt and evolve to follow the feature set of BitShares including:
  Auctions
  KeyGraph
  Scripting (turing complete)
  Gateways

If you couldn't get on board with BitShares because of Proof of Stake, now is your chance to get what you always wanted.


I will do the snapshot on December 14th, the anniversary of the American Revolution:

Quote
The first military encounter of the American Revolution occurred, when on the report of news carried by Paul Revere that the British intended to station a garrison at Portsmouth, New Hampshire; Major John Sullivan led a band of militia to Fort William and Mary, broke into its arsenal, and carried off arms and ammunition, 1774

This applies for BTS and PTS.   BitAssets will not be honored, shorts will gain 2x and this is intentional because I want to reward those most heavily invested in BTS.

This will be the LAST block produced on December 14th UTC.   I will not ask any exchanges to honor the snapshot and will ask everyone who wants to participate in it to remove it from the exchanges.  In fact I will go so far as to declare that the exchanges OWN the snapshot of funds deposited in them as an incentive for them to list Sparkle and to reward them for supporting the BitShares ecosystem.

Lets make life easy on the exchanges and NOT ask them to honor this snapshot, but DO ask them to list it after we launch.