Topic: [ANN] Alterdot(ADOT), Web3 using Blockchain and IPFS, CPU Mining, Masternodes (Read 4240 times)

https://www.cryptoprofi.info/?p=12082

Alterdot is a domain name system IPFS content registration service using its own open source blockchain (blockchain DNS).

For its practical use, users can install a special browser extension:

ADOT is a cryptocurrency designed to pay for the services of the Alterdot platform, as well as a regular digital payment instrument.

Cryptocurrency ADOT is traded on exchanges:

• exbitron (paired with USDT and BTC);
• cratex (for BTC, LTC and DOGE);

at a price of 6-7 dollars per thousand coins (06/22/2022):


The coin has recently appeared on the exchange, the trading volume is too small, so it is too early to judge the real ADOT price and capitalization.

For everyday use of ADOT coins, you can use the client wallet, which can be downloaded from the project website or on Github:


The distribution of ADOT across wallets is quite fair (“whales” own 37% of all coins, while less than 8% of the total amount of ADOT is stored on the Development Fund and Dev Fund Hot wallets):



What are the features of the Alterdot (ADOT) cryptocurrency?

Alterdot is characterized by the following technical features:

• Alterdot is a fork of DASH. The blockchain runs on a hybrid PoS + PoW consensus algorithm with argon2d-16000 hashing (a variant of argon2d Dynamic cryptocurrency for CPU + GPU);
• until 01/30/2021, the Alterdot blockchain used the argon2d250 algorithm;
• target time between blocks - 128 seconds until block 1 million, then - 360 seconds (240 blocks / day);
• from block 1,034,000 mining difficulty is refined using the LWMA algorithm;
• the reward for the block found starting from 2022 is equal to 10 ADOT coins, of which: 4 for miners and masternode owners, 2 for the development fund. Annual inflation with this amount of remuneration is less than 5%;
• on the network, it is possible to use privacy technologies and accelerated (up to 2 seconds) transactions (Mixing and InstantSend);
• the minimum cost of a transaction in the Alterdot network is 0.0001 ADOT;
• running a masternode requires at least 10,000 ADOT coins.

Who created and promotes the Alterdot cryptocurrency?

The development of the Alterdot project is carried out by an anonymous group of developers ( Github ):


There was no ICO to promote the project, all funds are collected by allocating part of the coins generated during the generation of blocks to the development fund.

How to mine Alterdot (ADOT) cryptocurrency?

You can mine ADOT coins on the argon2d-16000 (argon2d-bcrs) algorithm:

• on AMD CPU/GPU using srbminer-multi 0.8.8+ (fee 0.85%);
• on the processor - in the cpuminer-opt-kudaraidee program (an open source program);
• on Nvidia graphics cards - a.multiminer (open source program).

For mining on the argon2d-16000 algorithm, the video card must have at least 4 GB of memory.

You can choose a pool for mining Alterdot (ADOT) on miningpoolstats:


An example batch file for running Alterdot (ADOT) GPU mining on the zergpool pool with automatic conversion of mined coins to LTC and a 40% discount code for the pool fee:


Mining Alterdot (ADOT) on AMD Radeon R9 290/290X GPU:


Mining Alterdot (ADOT) on AMD Radeon RX464 and RX584, settings for etchash:


ADOT mining start script in a.multiminer program:

Hashrate of some video cards when mining on the argon2d_16000 algorithm, H/s:

• AMD Radeon R9 290/290X - 1050-1150 (srbminer-multi 0.9.4);
• AMD Radeon RX464 - 1600-1650 (srbminer-multi 0.9.7);
• AMD Radeon RX584 - 2600-2750 (srbminer-multi 0.9.7);
• AMD Radeon RX6700XT - 9300-9400;
• AMD Radeon RX6800XT - 12700-12800;
• AMD Radeon RX6900XT - 13700-13800.

Batch file for running Alterdot (ADOT) mining on the CPU:


Mining Alterdot (ADOT) on a CPU on an Intel Core i5-4670 3.40GHz processor (xubuntu 16.04, 3 threads, hashrate 330 H/s):


On four threads, the Intel I5-4670 processor produces 380-390 H / s. Other processors on four threads produce the following hashrate:

• Intel i7-8700K 3.70GHz - 580;
• Intel i7-7700 3.60GHz - 520;
• engineering Intel I7-6400T (QHQG) 2.20GHz - 350;
• engineering Intel I5-6400T (SR2L1) 2.20GHz - 330;
• Intel i5-4590 3.30GHz - 390;
• Intel i5-4570R CPU 2.70GHz -460;
• Intel i5-7400 3.00GHz - 370;
• Intel i5-3570K 3.40GHz - 330;
• Intel Celeron G1840 2.80GHz - 70 (1 stream);
• AMD Ryzen 3 3100 - 590.

You can calculate the approximate income from mining Alterdot coins (ADOT) using the calculator on miningpoolstats or on minerstat:


At the time of writing, the calculator was showing "cosmic income" due to the incorrect setting of the reward for the found block. More accurately, income can be calculated manually, guided by information from the zergpool pool (Current Estimate).

As of 06/22/2022, ADOT mining yields 0.0276 mBTC (0.55 USD) per 1 KH/s (dirty, excluding electricity price), which is not too bad, especially for CPU mining.

Conclusion

Alterdot (ADOT) is new to the world of cryptocurrencies. While she can not boast of a large number of users. Due to its insufficient use as a means of payment and a means of exchange trading, the coin is subject to strong volatility. This allows you to earn or lose funds in the speculative trading of ADOT coins.

The ADOT coin is of particular interest to the mining community in terms of novelty and low gluttony of the algorithm, as well as (still) low mining difficulty.

If the domain name system linked to the Alterdot blockchain gains popularity, the ADOT cryptocurrency will open up new horizons…

Guys can I have some opinions about this coin? What do you think about it?

This update brings with it the following updates to our code;

• Freezes rewards at current levels (4 to PoW, 4 to MNs, and 2 to DevFund)

The purpose of this change is keeping rewards attractive until Alternodes come to life as they represent a major milestone in our development process. Once that happens, a different reward allocation will be set in place to accommodate the new dynamics of our ecosystem. A hard fork will take place at block 1,131,400, diverging from the old reward structure, so make sure to update all of your nodes as soon as possible!

Our monthly report and Q&A has been moved to this Friday, May 6th, at 17:00 UTC, so make sure to attend it on Discord - https://discord.com/invite/86eTp6m7p9.

The latest version of Alterdot can be downloaded from Github - https://github.com/Alterdot/Alterdot/releases/latest

https://powerminers.tech/
This coin supported in new low fee multi-coin pool!
We are waiting for you...

This update brings with it the following updates to our code;

• Added support for Raspberry Pi
• Security patch against time warp attacks
• Bug fixes

The latest version of Alterdot can be downloaded from Github - https://github.com/Alterdot/Alterdot/releases/latest
We have an important update regarding the future change of algorithm such that CPU mining becomes profitable again. We have decided to go for a dual mining algorithm solution so we can keep everyone in the game. The two algorithms will be RandomX, a CPU friendly algorithm developed by Monero, and Argon2d16000, the one we currently have in use.

We have also been discussing about the possibility of freezing rewards (both MN and PoW) at current levels until Alternodes come into play as they will have their own reward which changes things up a bit. With the current scheme, rewards are bound to decrease down to 2/2/2 (MN/PoW/DevFund) in one year from now, but with the latest influx of newcomers we believe keeping rewards a little higher, at 4/4/2, should allow for more growth. Inflation can be used as a tool to attract new people and that is what we have in mind. After analyzing several financial models, this scenario proves to have the most benefits: more rewards, inflation still under 10% per annum, improved liquidity, 20% of new rewards going to the DevFund instead of 33%. This measure will be taken only after we are in agreement with the community so speak up on our Discord server!

Discord - https://discord.com/invite/86eTp6m7p9

SRBMiner now supports 'argon2d_16000' algorithm for CPU & GPU mining!

https://bitcointalksearch.org/topic/srbminer-multi-gpu-cpu-miner-094-5190081
https://github.com/doktor83/SRBMiner-Multi/releases/tag/0.8.8

Hi,
We've added Alterdot (ADOT) to http://zpool.ca/algo/argon2d16000. See below for connection details.

Fee only: 0.5% or less
BTC payouts are processed once a day for balances above 0.0015
Payouts for all other currencies are made automatically every 4 hours for balances above 0.05 and balances more than 0.0125 are included in one of the payouts each day.

- Sample configurations -
To mine argon2d16000 and get paid in ADOT:

Exchange to BTC:
Exchange to BTC but mine only ADOT:

All of our ports are NiceHash friendly, no need to specify any extra details

Need hashpower? zpools sister provides hash rental services: http://hashtap.ca/

==============================

Support: https://discord.gg/n45n6Jj
Twitter: https://twitter.com/_zpool_

This update brings with it the following updates to our code;

• Activation of ChainLocks from block 1,078,000 protecting the blockchain against significant 51% attacks
• InstantSend transaction limit increased from 1,000 to 20,000 ADOT

Remember to update all of your nodes and wallets to at least v1.9.2 by block 1,078,000 otherwise you will end up on a fork!

The latest version of Alterdot can be downloaded from Github - https://github.com/Alterdot/Alterdot/releases/latest

Key points were around the roadmap which is now the second post in this thread - https://bitcointalksearch.org/topic/m.53589077

All Alterdot Features along with the Roadmap are on the website - https://alterdot.org/

Can you post some of the key points from the Youtube presentation here?

The general presentation of our project that was streamed live on Twitch last Thursday is now available on Youtube: https://www.youtube.com/watch?v=amvV3uZINIc

Our browser extension that resolves Alterdot blockchain domains is now available on the Chrome Web Store: https://chrome.google.com/webstore/detail/alterdot-browser-extensio/ioblpebmfllgahknonobbkenomklplhn

Alterdot now available on:

MurkaPool.it

Website:
https://www.murkapool.it/

Stratum:
stratum+tcp://murkapool.it:4248

Fees:
0.1 % - Shared Mining
0.3 % - Solo Mining

Payout:
Min. 0.001 ADOT every 30 minutes

Peers list:
addnode=107.173.82.10:31000
addnode=23.94.220.10:31000
addnode=198.46.160.43:31000
addnode=94.72.113.11:31000
addnode=107.175.134.168:31000
addnode=23.95.166.111:31000
addnode=107.172.29.223:31000
addnode=180.176.52.132:31000

addnode=173.208.242.179:31000
addnode=173.208.242.180:51824
addnode=198.98.111.2:31000
addnode=198.98.111.249:58148
addnode=198.98.111.250:38588
addnode=198.98.111.251:37536
addnode=198.98.111.252:40826
addnode=173.249.42.178:31000
addnode=198.98.111.248:34396
addnode=23.89.173.6:56312
addnode=198.98.111.254:44644
addnode=198.98.111.247:51068
addnode=198.98.111.253:43514
addnode=23.88.166.195:31000
addnode=23.88.166.197:55316
addnode=23.88.166.196:37622
addnode=80.211.108.175:31000
addnode=192.80.158.147:31000
addnode=54.37.155.32:31000
addnode=194.19.235.81:31000
addnode=93.100.211.90:31000
addnode=92.187.119.60:31000
addnode=23.89.173.2:31000
addnode=42.51.40.100:31000
addnode=54.36.175.160:31000
addnode=222.132.16.154:31000
addnode=37.26.74.196:31000

Just a quick reminder everyone, our presentation will we streamed today at 16:30 UTC on Twitch (https://twitch.tv/alterdot). I will talk about the general direction of our project and our newly launched browser extension and website. We will also have a Q&A session!

Alterdot available for trading on Exbitron Exchange, with pairs BTC and USDT!

ADOT/BTC : https://www.exbitron.com/trading/adotusdt
ADOT/USDT : https://www.exbitron.com/trading/adotusdt

>Low trading fees only 0,2%, and withdrawal fees are small too
>Easy to use UI
>Discord and Telegram support

Support :

Discord: http://discord.gg/PctkfqDPgm
Telegram: https://t.me/exbitron_en

Happy Trading!

We got news everyone , the presentation about what we have worked on lately and what's coming up next for Alterdot will take place on the 21st of October at 16:30 UTC on Discord (https://discord.com/invite/86eTp6m7p9). A showcase of our browser extension and website will be included as well as a Q&A session so I recommend you save the date. ✅

We have some other important news as well, we are getting listed on the Exbitron exchange (https://www.exbitron.com/) which is created by the people from letshash.it. Deposits and withdrawals are already available and trading will commence tomorrow starting with 18:00 UTC. We will have two trading pairs: ADOT/BTC and ADOT/USDT. You can deposit USDT on Exbitron through the Tron network for minimal costs so it will be very easy and accessible for everyone to trade Alterdot. Deposits of ADOT take 10 confirmations or about 1 hour to be credited.

This update brings with it the following updates to our code;

• Fixes an issue regarding domains not being recorded correctly in the local database
• BDNS record indexing system has been updated
• New command "listowneddomains" added which returns the list of domains registered by the current wallet
• New command "bdns" which allows you to check the state of the BDNS or trigger BDNS reindexing

Remember to update all of your nodes and wallets to at least v1.9.0 by block 1,050,000 otherwise you will end up on a fork!

The latest version of Alterdot can be downloaded from Github - https://github.com/Alterdot/Alterdot/releases/latest

This update brings with it the following updates to our code;

• Many changes ported over from Dash and Bitcoin, our codebase now being in line with Dash v0.14.0.5
• Code for ChainLocks and LLMQ-based InstantSend is added in this version and it remains to be activated at a later time
• Added three Long Living Masternode Quorum (LLMQ) configurations better suited for Alterdot: LLMQ_10_60, LLMQ_20_60 and LLMQ_30_80
• The Alterdot network will switch to using only LLMQ_10_60 at block 1,050,000 therefore triggering a hard fork, the two other configurations will be activated in later versions
• Fixed the synchronization progress bar which wasn't loading in accordance with the downloaded blocks
• Protocol version bumped to 70015. After block 1,050,000 all older versions of Alterdot will be rejected
• Removed unnecessary Dash themes
• Added fixed seeds

The latest version of Alterdot can be downloaded from Github - https://github.com/Alterdot/Alterdot/releases/latest

Hello Everyone!



We would like to welcome Alterdot on our LetsHash.it Mining Pool!

Our Mining Fee is only 0.5% both Pool and Solo, so miners can enjoy their coins
Payouts are made automatically every 2 hours.

You can use following commands to join our Mining Pool straight away :

#1 Option is for mining on Europe Pool :

#2 Option is to mine on US Pool :

#3 Option is to mine on Asia Pool :

*Solo Mining is also available.

Thanks for paying attention!
-Enjoy your hashing.

Your LetsHash.it Team
--------------------------------

If you need a help or have any ideas about our pools, don't be afraid to contact us at Discord : https://discord.gg/RrUqjWn

All Masternodes should be updated to the latest version of Alterdot (v1.8.0.1) as well as their sentinels (v1.4.2). There are instructions for this on our Discord (https://discord.gg/86eTp6m7p9) in the #masternodes channel. There are only 2 days left until we switch to the Deterministic Masternodes system so make sure to register your MNs into the new system by following the official guide here: https://github.com/Alterdot/Alterdot/releases/download/v1.8.0.1/Alterdot_Masternode_Setup.pdf (Steps 3.4 and 3.5)

If you do not register your Masternode in the next ~550 blocks you will not be receiving rewards anymore as the old system will no longer be used!


BlockchainDNS News

Our browser extension that bridges the Alterdot and IPFS networks will be released very soon, I will announce an exact date for this on our Discord. Together with this release I will be doing a presentation about the extension and about what's coming next for our project, don't miss it!

You can now start registering and reserving domain names on the Alterdot blockchain! All you have to do to accomplish this is go to your wallet console and use the command "registerdomain example_name example_content". In this case the domain example_name will point to the text "example_content". You will be able to update it afterwards by using the command "updatedomain" with any IPFS/IPNS hash or text that you want.

The Blockchain Domain Name System can point to any text such as an IP address, an IPFS/IPNS hash, an Alterdot (or any other cryptocurrency) address or any other text. Our use case will focus on the IPFS-Blockchain entanglement but you can build anything you want with it. The names and the text that they point to can contain many types of characters such letters, numbers, dots, dashes, underline, comma and more. The length limits are 80 characters for names and 69 characters for content, in time these limits might grow.

Reserve any domains you might want to use with a cost of 0.2 ADOT by using the command mentioned above. Two important things to note: let your wallets fully synchronize before using the BDNS, and second, your domains will expire after one year. As a disclaimer, keep in mind that this functionality is experimental so bear with us as it gets developed. Problems might come up that could hinder the usage of this functionality. This is one of the main reasons for having such a low price at this initial stage of the BDNS.

In the not too distant future we will be releasing a browser plugin that will integrate with the Alterdot Blockchain DNS.

I've already registered a couple of domains and have put together some ideas (below) on tld's that could be used with this as there are no restrictions on what can be registered unlike other chains.


Again, please note that this is still in development but it costs almost nothing to register your preferred name right now.

You can download the latest cpu mining software here - https://github.com/Alterdot/cpuminer-opt-kudaraidee/releases/latest

Im just hanging by the sidelines, waiting, scratching my nasal cavity with a feathery drumstick and signing the opera. Im like a Moldovian prince shied away from his palace. Sometimes I think I should try to regain my position of a headliner but then when I vicariously get through the memories of being at the top of it all, I lose the yearning and start to remind myself that its not bad that world is careening out of control, it may in fact be serendipitous to all of us greedy monetary anarchists in a sense that we may get chance to build ours out of the aches of the imperfect system.

Yes we are planning to list Alterdot on a more popular exchange but have a few things to get through first. As of right now the chain is in 'lite' mode with all masternode and devfund rewards disabled along with PrivateSend and some other wallet functionality. These will be enabled again at block 1,037,000.

The name was specifically chosen to reflect our direction which is BDNS (Blockchain DNS) and IPFS (InterPlanetary File System). There will be more announced about this in the coming weeks but if you have any questioned in the meantime its best to ask your questions in our Discord.

As posted in our #Announcements channel in Discord back in January - "The BDNS is our main focus for the upcoming period. The next next big release, v1.8, will include the BDNS and together with it we will release our browser extension. Due to the recent integration of IPFS into the Brave browser this will streamline the user experience of anyone wishing to get a feel of the decentralized web."

Still to come are our new website and browser extension, both of which are currently being developed.

The release of ADOT v1.8 has taken us to a code base that's in line with DASH and has some of the BDNS features already in place. There will be more updates to the code base in the coming months as well as the project develops.

Are you going to list ADOT in a more popular exchange? Also, what is the motivation why you converted to the new name - Alterdot? What is in the name of Alterdot that you think will change the path of this project? Just wondering here...

Alterdot is now trading on Cratex.io - https://cratex.io/index.php?pair=ADOT/BTC

If you held any Bitcreds on that exchange they are now converted to Alterdot. You will need to create new buy/sell orders as all the old Bitcreds orders were removed.

Upgrading to Alterdot v1.8.0 is mandatory, there are about 7 days left before the next hard fork. This version restarts Masternodes, InstantSend, Development Fund payments and the Blockchain Domain Name System, old Bitcreds versions do not re-activate them. Alterdot v1.8.0 is one of the main updates in this transition to a better, safer codebase. Masternode owners should upgrade right away, extended instructions will be coming for setup. This is a period of rapid change.

Alterdot v.1.8.0 can be downloaded from https://github.com/Alterdot/Alterdot/releases/latest

If there are any pool owners that want to get started with Alterdot we are glad to help. A higher total hashrate makes for a healthier network.

Keep an eye out for more updates soon!

The new explorer for Alterdot is up and running and fully synced -  https://explorer.alterdot.network/

Bitcreds is now known as Alterdot! We will have a new look website, explorer and a new ticket - ADOT. We are currently in the process of migrating everything across from our old website and BCRS ticker. There is no change to the chain at all, all current Bitcreds (BCRS) addresses are still valid.


I will update here as further updates are ready to be announced.

If you haven't done so yet, please Join is on Discord as have an active community are are starting to run voice Q&A sessions.

Many more updates to come!

Just an FYI that due to the upcoming fork at block 1,034,000 I'm now actively banning all wallets with versions below v1.7.3 for 3 months. These banned nodes will also be included in the next bootstrap. If you haven't upgraded to v1.7.3 please do so immediately.

A brand upgrade together with a new website and a browser extension are coming soon, when those get released the roadmap will be updated. Our long-term goal is creating an integrated environment for the decentralized web built on top of our blockchain and Masternode network and IPFS. We're also exploring our possibilities to be listed on exchanges with higher volume, we are welcome to suggestions as we might miss some good ones.

aside from those updates, do you have plans on how to increase your trading activity on the exchange you are listed with?

so far, this month, the trading activities from cratex has been only this -  with those upcoming developments, do you think the trading volume/activity will improve? maybe time to put some items in your 2021 roadmap as nothing is written yet on your website.


https://cratex.io/index.php?pair=BCRS/BTC

The next version of Bitcreds, v1.7.3 is now available for download. This is a mandatory update for all nodes as it is the first stage of our transition to an upgraded codebase from Dash and the starting point of all future things which will be built on top of our blockchain and network.

The Bitcreds network will be reduced to lite mode or core mode after block 1,034,000 through a hard fork in order to start the transition. The Development Fund and Masternodes will not be paid in the reduced state of the network, InstantSend, Mixing and PrivateSend will not work as non-core features are disabled. This lite mode will last only several thousand blocks (it starts on the 14th of June and ends two weeks later). After the hard fork block the difficulty retargeting algorithm will change from DELTA to LWMA (https://github.com/zawy12/difficulty-algorithms/issues/3) and the maximum size of data stored with OP_RETURN will increase from 80 to 160 bytes.

On the 17th of June, the anniversary of our blockchain, the upgraded wallet will be released together with the initial version of BDNS. After block 1,038,000 Masternode and Development Fund payments will resume and all non-core functionalities will be enabled, our browser extension will also be released soon after and our website will be updated together with our whole brand as I mentioned before.

https://github.com/Bitcreds/Bitcreds/releases/tag/v1.7.3.0

Not sure.  I think they are more active on Discord than here.

Yo, what's up with BCRS? 

There was a bug in v1.7.2 and after updating to this version the pool ran into some problems so that was the cause most probably. I've just re-released the wallet with a fix so it is now safe to upgrade.

Just a quick "heads up"
https://poolmine.xyz/ , miner finds blocks, but pool although showing hashrate, never shows blocks , and balance doesnt change. Missed out on 3 blocks so far.

We've released an updated version of the Bitcreds wallet which included the following updates;

•    Updated parts of the synchronization mechanism with newer code from Dash
•    Fixed the Proof-of-Work reward function
•    Protocol version has been increased to 70010, nodes with 70009 and previous are now rejected

v1.7.2 can be downloaded from https://github.com/Bitcreds/Bitcreds/releases/tag/v1.7.2.0

Builds for the external miner have just been released and they can be downloaded from https://github.com/Bitcreds/cpuminer-opt-kudaraidee/releases/tag/v1.0.0
This miner will allow you to start pool mining right away on https://poolmine.xyz/

Please note that mining on Linux will offer better hashrates for most processors. Also Ryzen CPUs mining on Windows with the AVX2 optimization will most probably get no advantage over non-AVX2, but this only affects Windows. On Linux everything works as expected with increases of up to 30% in hashrates for the AVX2 versions.

Just sync a new Bitcreds wallet with the network. Once done, shut down the wallet and replace the Bitcreds wallet.dat with your old Credits wallet.dat.

The addresses and chain is the same so all ald CRDS are still valid on the Bitrcreds chain.

Hey there, old CRDS user here, how do I redeem BCRS with CRDS? I have my old CRDS wallet still.

We've updated the rewards structure on the website to reflect the changes we've made as of v1.7.1 to provide more funds for the future development of Bitcreds and also to reduce the total BCRS issued per block over time.

We're likely to hit block 1,000,000 in a few days which will see a couple of changes. Firstly, the block times will change from 128 seconds to 360 Seconds. Secondly, the block rewards will change as set out below (and in the OP of this thread) which will provide more funds for the future development of Bitcreds.

Both of these changes will reduce the total BCRS issued per day.

Bitcreds will be undergoing some updates and improvements,  both visually as well as functionally. Bitcreds will soon offer as a service the possibility to register IPFS (InterPlanetary File System) content on our Blockchain Domain Name System (BDNS). This process will imply burning of coins and higher rewards for miners.

The reccent change of our mining algorithm to Argon2d16000 allows an advantage for CPU mining.

The BDNS is our main focus for the next pahse of development. In the next next big release (v1., we will include the BDNS along with our browser extension. Due to the recent integration of IPFS into the Brave browser this will streamline the user experience of anyone wanting to get a feel for the decentralized web.

This project was been taken over by community members a while ago and we plan on maintaining this community involved development process. Stay in touch with us on Discord for more information and rewarded tasks.

v1.7.1 is also here with some small updates, it rejects all peers of v1.6.1 and older versions.
https://github.com/Bitcreds/Bitcreds/releases/tag/v1.7.1.0

V1.7.1.0 is the right version to use. If you have no nodes it maybe that your node's IP address is banned as myself and others manually banned quite a few older nodes. For further support, please post in the the #support channel of our Discord.

Hi,
I'm using wallet 1.7.1.0 and have those nodes, but still zero connections....should i be using wallet 1.7.0.0?

Synchronizing from zero takes quite a while even with enough connections so I recommend using the latest bootstrap here https://github.com/Bitcreds/Bitcreds/releases/tag/v1.7.0.0, you have instructions as well.

If you want to synchronize from scratch anyway you can connect to some of the nodes listed here https://explorer.bitcreds.org/network. The console command used for adding nodes is addnode add.

Hi
Would love to give it a go, BUT downloaded wallet, clean install, ZERO connections...
Any ideas?

I like the stock!

Also if you need any help with anything let me know! Could be a fun project!

How to mine from wallet on Mac OSX?
PS: there is no peers connecting

.

In less than 5 hours from now, at 6 PM UTC, we will make the switch to Argon2d16000 so prepare your wallets for mining as it will be the only way to mine Bitcreds after the hard fork. Expect your mining speeds to drop by up to 100x in comparison to Argon2d250, the algorithm currently in use.

Since this is a hard fork and taking precautions is recommended I advise not to send any significant transactions until tomorrow just to make sure you're on the right chain and the network is running smoothly.

If you like in-wallet CPU mining or you just like the stock, give it a go .

Hello people, here's some news regarding the project.

Bitcreds will undergo a process of upgrade both visually as well as functionally. As mentioned in the updated thread title we will soon offer as a service the possibility to register IPFS content on our Blockchain Domain Name System (BDNS). This process will imply burning of coins and higher rewards for miners.

The change of our mining algorithm to Argon2d16000 in 4 days will imply an advantage for CPU mining and a period of time when wallet mining should be the norm. The length of this period depends on how fast standalone miners and pools adopt Argon2d16000.

The BDNS is our main focus for the upcoming period. The next next big release, v1.8, will include the BDNS and together with it we will release our browser extension. Due to the recent integration of IPFS into the Brave browser this will streamline the user experience of anyone wishing to get a feel of the decentralized web.

This project has been taken over by community members a while ago and we plan on maintaining this community-involved development process. Stay in touch for more information and rewarded tasks, you can find us on Discord or here.

v1.7.1 is also here with some small updates, it rejects all peers of v1.6.1 and previous versions.

https://github.com/Bitcreds/Bitcreds/releases/tag/v1.7.1.0

thanks! all is work!

put the file wallet.ddat  in the folder with the blockchain.
don't forget to do backup.

ok, now its working! How to import Credits wallet to Bitcreds?

Last version?
does not sync at all?
upload bootstrap - https://github.com/Bitcreds/Bitcreds/releases/tag/v1.7.0.0

it's not working. I have 10 active peers, but download don't start

in log i have:

bitcreds.conf
addnode=198.98.111.248
addnode=103.94.185.6
addnode=81.162.194.236
addnode=46.38.238.142
addnode=193.187.183.15
addnode=198.98.111.253
addnode=176.36.154.195

https://explorer.bitcreds.org/network

Won't sync...

@everyone, new update, this one brings with it changes to several network characteristics that will be applied in a two-step process (two hard forks).

I understand your concerns/curiosity when it comes to tackling these real world (existential) problems, but do not forget that projects start out from passion. Andrew2k has been with BCRS from the start but he was never in a leadership role making executive decisions, the project has been adrift from the start.

Now that Andrew2k has stepped up we can expect developments with a sense of direction, this is not to say that this project will be a success but it does say that time and effort will be spent. The onus is on him including the entrepreneurial risk that comes with the job. Let's give it some time and see where he leads it. 

What particular use cases in the market are you going to explore this time? What do you think will be your main business to focus with so as to ensure that this platform will not gonna die? Most alts are dying because they can't venture a specific use case successfully. If you can get at least one strong use case in the market, I believe you can survive a lil bit long than others.

I stated on Discord that this was more of a pre-announcement and that for now this is the only information I'm willing to offer. The timeline depends a lot on how many people join me on this quest so to speak.

For now, we will be working on the next big release of information about the project and I will continue to develop the codebase myself so that we have a solid starting point. There's a saying that goes along the lines that first you should lead/help yourself and then others will follow therefore after the following announcements I plan on taking some new people with me on this endeavour.

As a final note, we're mainly looking for C++ and JavaScript developers and I think it will be not just a job for them but something to look up to with a big smile.

Great news! Could you provide a timeline? When can we expect all these innovations?
And will there be a marketing campaign? It's no secret - few people know about the project,
you need to convey information to the masses, but this requires money and a certain budget.
How do you plan to solve this problem?

Hello there fellow cryptocurrency enthusiasts, I would like to tell you that I have returned to the project as the main developer and I am bringing some good news with me regarding the general direction the team has decided upon for Bitcreds.

The project will extend to include more than just the blockchain infrastructure and this is where IPFS, the InterPlanetary File System, comes in to play. You will receive more details about how exactly we're going to merge IPFS and blockchain together in the following announcements but be aware that for now most of them will come through our Discord server.  Here is the invite link in case you missed it: https://discord.gg/M2pyPDr

We're going to change some of the main parameters of the network to better suit us for the future and for the new direction, we are going for a lower annual inflation (lower block rewards and an increased block time), a hardened Argon2d algorithm and a lower Masternode collateral as currently the number of possible MNs on our network is too small. This new direction also implies an eventual change in the overall indentity of the project.

Last thing you might want to know is that the new functionalities will imply burning of coins and you will have to burn them in order to use the new services we're going to offer.

Hard Fork at block 850,000 completed. The masternode collateral required is now 50,000 BCRS. Website and all documentation has been updated to reflect this.

All nodes currently on v1.5.0 or older are now being banned for 1 year from all my nodes due to the upcoming fork at block 850,000. To be unbanned contact me in Discord.

Explorer for BitCreds (BCRS) has been activated on MnRank Explorer:
https://explorer.mnrank.com/explorer/BCRS

BitCreds version 1.6.0 has been released! This is a compulsory update that includes a hard fork at block 850,000 that will change the masternode collateral from 5,000 BCRS to 50,000 BCRS. The code doesn't enforce MN payments so it is expected that the first few hundred block past block 850,000 will not include any MN rewards as there won't be any MN's enabled at that point.
Please update all your nodes ASAP. Documentation can be found at https://bitcreds.org/#documents

https://github.com/Bitcreds/BCRS/releases/tag/v1.6.0.0

Here are the results of the Bitcreds MN Collateral increase poll -



As such, we are working on v1.6.0 now which will have the MN collateral increased from 5000 to 50000 at block 850,000.

UPDATE - Code for v1.6.0 is now released, compiled versions coming in the next 24 hours.

I can't see any issues with the explorer - https://explorer.bitcreds.org

 Explorer not working

BitCreds (BCRS) has been listed on #MNRank


https://mnrank.com/coin/BCRS/

Welcome
@bitcreds

Bitcreds' new explorer is live, but still indexing the last couple of months of chain, should be up to date within a few days.

https://explorer.bitcreds.org/

Just an FYI to all that the BitCreds Explorer is offline as we are rebuilding it to include Masternode stats. Will update this thread when it's back online again, should be less than a week.

The poll was completed with the majority opting for no change to the PoW + Masternodes rewards. No plans for changing the rewards in the future. I'll update the Roadmap now, thanks for pointing this out.

i saw in roadmap

Q4 2019
Community Poll on remapping the emission of BitCreds and changing from PoW + Masternodes to PoS + Masternodes or PoW + PoS + Masternodes
Community Poll on PoS details (inflation, rewards, etc.) if approved at the previous Community Poll


right now have POS or only Pow and Masternodes?

I will be following this thread as i joined as a community manager. I'll try to answer any question as fast as i can.

A Masternode Stats link has now been added to the OP. Here are the current Masternode stats as of today, courtesy of https://nodecheck.io

I agree 100%. For now I see the real application being in used for online payments as that was what the code was designed for. Need to make some changes to make it more appealing for this use-case. Any changes would still have to be voted on and approved by the community, but as I see it the block time of 128 seconds is to high for transactions, and I'd also like to see the transaction fee lowered considerably. If this is the road that we are going to head down then we need to ensure that the coin is ready for use rather then trying to make it fit as it is.

Happy to discuss further in Discord.

The price in altmarkets is very low right now. I understand that you just got listed. But you started low here. What are the strategies from the dev's end to boost your value in the trading market? Aside from looking in mn site listings, how about real application of your coin? That might help in elevating the value of your coin.

BCRS Bitcreds is listed on Altmarkets



https://altmarkets.io/trading/bcrsbtc

BCRS Discord: https://discord.gg/AVHryvd

BitCreds is now listed at NodeCheck.io for masternode monitoring and masternode stats

Nodecheck.io provide an awesome service, both paid and free.

https://nodecheck.io/currency/BCRS

We've taken Binance out of our roadmap and just left it 'listing on a large exchange'. TBH we need to build more presence so we can be included at CoinGecko, Coinmarketcap etc.

As of right now we have been accepted for listing at https://altmarkets.io which will help our inclusion on these sites (which already have the Altmarkets exchange);

CoinGecko
CoinPaprika
CoinMarketCap (will need at least one more exchange listing to be included here.

Will also be looking at listing at more MN stat sites. Still have a few small things to iron out before we start marketing and trying to gain momentum.

New poll created to vote on increasing the MN collateral required to run a BitCreds masternode

BitCreds is a community based crypto so join our Discord and have your say. Polls are in the #general-polls channel

Discord link - https://discord.gg/wjNreBU

How about your BNB listing? Still pushing thru? Hard to get in in that exchange but you might have more trading volume in case you can pull it off? But in the meantime, focus on your development so you have nice platform to boast of.

Alterdot is now open for trading on Cratex!

If you held CRDS or BCRS on the exchange these have now been matured into ADOT.
https://cratex.io/index.php?pair=ADOT/BTC

Please add your pool to https://miningpoolstats.stream/credits

bitreds.conf

in the wallet of netpiers !!!

Roadmap updated - https://bitcointalksearch.org/topic/m.53589077

Can also be found at https://alterdot.org/#roadmap

they need to edit also their roadmap, for q1 2020, they still included cryptopia in their list =



and bittrex, binance this quarter? be realistic with their goals. i can understand bittrex but binance? do they have the resources and docs to go for binance?

Thank you for the translation.

List of pools can be found at https://miningpoolstats.stream/alterdot

Russian translation - https://bitcointalksearch.org/topic/alterdot-adot-cpu-argon2d250-pow-5217813

UP. How to mine this coin?
https://miningpoolstats.stream/credits
Only 1 pool, rejected shares.
in solo you can mine, what miner is needed and settings, or are there other pools?

No that's not the previous ANN thread. I have updated the OP with the correct previous ANN thread now. Thanks for the suggestion.

Is this project was known as this [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD] or is it something else? A suggestion, I think it would be better for you to add the link to your previous announcement because there are so many Credits exist here.

If you need a Russian translation, then I can do it.
my portfolio - https://docs.google.com/spreadsheets/d/1HFQRhq7wfvx33jm8wEUfofcIIqjsh3QOwDzDuqjf-5s/edit#gid=0

Yes!
Cratex.io
https://cratex.io/index.php?pair=ADOT/BTC
https://cratex.io/index.php?pair=ADOT/LTC
https://cratex.io/index.php?pair=ADOT/DOGE

Exbitron.com
https://www.exbitron.com/trading/adotusdt
https://www.exbitron.com/trading/adotbtc

Is a coin traded on exchanges?

reserved

Change of consensus algorithms (Complete)
In January of 2021 we made the switch to the Argon2d16000 Poof-of-Work mining algorithm which highly increases the memory cost and favors CPU miners. A few months later we also changed our difficulty retargeting algorithm to LWMA which proves to be one of the most efficient algorithms of its kind.

Major codebase upgrade (Complete)
Alterdot was previously known as Bitcreds, and before that as Credits. Both of them were built upon older codebases from Dash and Dynamic that today would be outdated. Once Alterdot was launched on the 17th of June 2021 our codebase had been upgraded, bringing us in line with much newer code from Dash.

Beginning of the BlockchainDNS (Complete)
With the launch of Alterdot, the initial version of our BlockchainDNS was released and with it the registration of domains became available. The main use cases we are looking to develop involve tying these domains together with IPFS content identifiers but it is possible to register anything under a domain name.

Deterministic Masternodes (Complete)
One of the most significant changes brought by the upgraded codebase is the Deterministic Masternodes system which stores functional information on-chain rather than individually on each Masternode as was the case with the old system. This change leads to a more secure and predictable system.

Long-Living Masternode Quorums (Complete)
The Masternode network is expanded with a new functionality which implies the formation of quorums or sets of Masternodes that work together towards accomplishing certain tasks. After a quorum has been successfully created, it remains active for several hours or days.

Browser Extension and Website (Complete)
Our browser extension and website represent main facillitators of the Alterdot ecosystem as they include features that enable accessing our decentralized web through blockchain domain name resolution and more.

Insight Explorer and API (In Progress)
The Insight block explorer and API includes several important features that our current main explorer is lacking. Having those features allows for further development and expansion of the Alterdot ecosystem in the area of web applications.

Alterdot IPFS Gateway
The IPFS infrastructure currently available for free on the internet is maintained by numerous organizations. We are going to contribute by maintaining a public gateway ourselves since building on top of a technology also implies becoming part of it.

Activation of ChainLocks
ChainLocks represent a protection mechanism against 51% attacks that makes use of the Masternode network. Quorums of Masternodes start collectively signing past blocks which are then recognized by the rest of the network as secure since they can no longer be reorgnized.

Light Wallet
The browser extension will be further expanded to include light wallet functionalities such as coin transfers and domain name management. In the initial version of the extension these operations are possible only if a full Alterdot wallet is running locally.

Introduction of Alternodes
Alternodes will be introduced as a second tier of Masternodes, having higher specifications. They will be running IPFS clients and they will allow for pinning IPFS content that resides under Alterdot domains. Alternodes will be the building block of our decentralized hosting solution.

Search Engine
A search engine for blockchain domain names will be created in order to easily find and discover Alterdot websites. Coupled with this, we will be looking into the creation a tagging system for websites in order to realize even more efficient queries.

Content Filtering
The content hosted under Alterdot domains has to be resistant to censorship but at the same time, our network should never become a harbor for criminal activities. This is why we will implement a decentralized ticketing system that rewards people for reporting and removing illegal content.

New Desktop Wallet
A new desktop wallet will be created with the capability of running either in full or light mode. Extended functionalities related to accessing and managing Alterdot domains will also be included.

Wrapping Alterdot
In order to give everyone an easy, secure and decentralized means of exchanging Alterdot into any other cryptocurrency or token, we are looking forward to create an easy-to-use tool for wrapping Alterdot on other blockchains such as Ethereum.

All-in-One Application
Facilitating the usage of the Alterdot web can be made easiest by packing together many of our previously created tools and services. This leads to the creation of an all-encompassing application fully integrated with Alterdot and IPFS nodes.

Complete Decentralization
Reaching complete decentralization of the web as we know it implies creating a solution for secure data storage and processing resembling traditional Backend infrastructure through IPFS, Smart Contracts and Alternodes.

Website Templates
One of the main end products that we have planned for the Alterdot ecosystem is an array of customizable templates for decentralized websites ranging from e-commerce to general data administration and more.

Alterdot is working towards creating a new web that is built for people and by people, one that is both powerful and liberating by design. We have implemented the BlockchainDNS or BDNS, which is a new Domain Name System built upon the decentralized ledger of Alterdot. We believe everyone has the right to an internet identity that is both affordable and resistant to censorship. This is where the blockchain and IPFS technologies come together in harmony. What makes these two technologies so powerful is their innate peer-to-peer nature which is in contrast to the way we deliver websites today. The blockchain we are building upon had its genesis back in 2017, yet our project is new as Alterdot began its journey on the 4th anniversary of this blockchain, the 17th of June 2021. We have set out to accomplish quite a few major objectives with Alterdot as outlined in our roadmap - https://alterdot.network/#roadmap - come join us in building this new web! All of the code we're working with is available on GitHub - https://github.com/Alterdot/Alterdot Browser Extension: https://chrome.google.com/webstore/detail/alterdot-browser-extensio/ioblpebmfllgahknonobbkenomklplhn Features - CPU Friendly Proof-of-Work Mining (Update Coming Soon) - Deterministic Masternodes - ChainLocks - InstantSend - Coin Mixing - BlockchainDNS - Browser Extension - Open Development Coin Specs Ticker: ADOT PoW algorithm: Argon2d16000 (CPU + GPU) Block spacing: 360 seconds Blocks per day: ~240 Maturity: 10 Blocks Supply Premine: 475,000 ADOT (most of this was spent in the first years of the project) Initial Supply: ~13,914,700 by 2023 Continuing Supply: 6 ADOT per block (after 2022) Yearly inflation: under 5% (after 2022) Funding and Transparency This project did not raise any money through an ICO and soon after its inception the community took over. Financing for our objectives is supported through a development fund that has an allocation of 2 ADOT per block together with BTC raised by our team members. Alterdot(ADOT) was previously known as Bitcreds(BCRS) and Credits(CRDS). Previous ANN thread - https://bitcointalksearch.org/topic/ann-creditscrds-cpu-only-mining-argon2d-pow-masternodes-1944858