Topic: A unique cryptocurrency with a unique mining system, which is completely written (Read 375 times)

Welcome to the world of CITU, a groundbreaking cryptocurrency designed to revolutionize the digital financial landscape. CITU is engineered with a unique blend of Proof of Work (PoW) and Proof of Stake (PoS) mechanisms, offering enhanced security, efficiency, and accessibility.

#### Vision
At CITU Corp, our vision is to create a secure, efficient, and decentralized financial ecosystem. We aim to empower users by providing a fair and accessible platform for everyone, regardless of their technological capabilities or financial background.

#### Key Features

1. **Hybrid Consensus Mechanism**
   - **Proof of Work (PoW):** Ensures security and integrity of the blockchain through computational work.
   - **Proof of Stake (PoS):** Enhances efficiency and reduces energy consumption by allowing users to validate transactions based on their stake in the network.

2. **CPU Mining**
   - Designed to be mined using regular CPUs, making it more accessible and democratized compared to GPU or ASIC mining.
   - This approach prevents the centralization of mining power and promotes a fair distribution of rewards.

3. **Security**
   - Advanced cryptographic techniques to safeguard transactions and user data.
   - Regular audits and updates to maintain the integrity and robustness of the blockchain.

4. **Efficiency**
   - Optimized block generation process with an average of 576 blocks mined daily.
   - Efficient transaction processing to ensure quick and reliable transfers.

5. **Community and Decentralization**
   - Strong emphasis on community involvement and governance.
   - Decentralized decision-making to ensure that the development and direction of CITU align with the interests of its users.

#### Benefits of CITU

1. **Fair Mining Opportunities**
   - By utilizing CPU mining, CITU provides a level playing field for all participants, reducing the advantage of expensive mining hardware.

2. **Reduced Energy Consumption**
   - The PoS component significantly lowers the energy requirements compared to traditional PoW-only cryptocurrencies, making CITU more environmentally friendly.

3. **Scalability**
   - Designed to handle a high volume of transactions, ensuring scalability as the user base grows.

4. **Innovative Reward System**
   - A unique reward structure that incentivizes both miners and stakeholders, promoting long-term participation and network security.

#### Future Roadmap

1. **Platform Development**
   - Continuous improvements to the CITU blockchain to enhance performance and security.
   - Development of user-friendly interfaces and tools for seamless interaction with the blockchain.

2. **Partnerships and Integrations**
   - Strategic partnerships with other blockchain projects and financial institutions to expand the ecosystem.
   - Integration with various applications and platforms to increase the utility of CITU.

3. **Community Growth**
   - Initiatives to grow and engage the CITU community through educational programs, events, and incentives.
   - Encouraging community contributions to the development and governance of the CITU network.

#### Conclusion
Join us in shaping the future of finance with CITU. With its innovative hybrid consensus mechanism, fair mining opportunities, and strong commitment to security and decentralization, CITU is set to redefine the cryptocurrency landscape. Be part of this exciting journey and discover more at [citucorp.com/vision](https://citucorp.com/vision

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.
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.
it’s just that instead of reducing the number of mined coins, we burn 0.2% of digital dollars from all accounts every six months and 0.4% of digital shares every six months.
Think of it as if you and a friend rented a safe deposit box in the bank and you would pay only the interest that you borrowed in this cell. The same principle works here, your accounts are a safe deposit box in the bank and everyone pays from his account as much as he takes from this space slot.

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

thanks bro, but now only myself writing code, if you have more developers who can help, i work about it with him.
in the future its to be

I'm back in 2017 with new bitcoin forks
But how can you build a democratic coin on the SHA-256 algorithm?
If you want every user to be able to support your project, then you need a different ASIC-resistant algorithm for video cards and processors.

thanks bro

Introducing CITU, the revolutionary cryptocurrency combining the best of both Proof of Work and Proof of Stake technologies. Designed for CPU mining, CITU ensures fair distribution and accessibility for all users. Our vision is to create a secure and efficient platform that promotes decentralization and innovation. Join us in shaping the future of finance with CITU – your chance to be part of a new financial ecosystem. Discover more at citucorp.com/vision.

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 [email protected]
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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