Topic: [ANN] BALLOONUM.IO [No premine] [Balloon algo] [CPU mining only!] - page 3. (Read 2652 times)

I don’t know if it really worth to go public if development is on so early stage. There are all kind of problems typical to young coins. Of course it facilitates development, but people may lose confidence in an overall success.

So sorry guys, lot of work here.
I promise I will try to answer all your questions today, when as soon as I have 15-30 minutes free.

For now, I uploaded a new revision of wallet. You can download it here:

https://balloonum.io/wallet.php (Wallet V3)

This revision fixes the "Connection errors" and gets around a 5-10%+ hashrate.

Regards!

I have been mining yesterday but after solving a number of blocks I have not received a reward yet I often get the message "connection error retry 10 seconds". Maybe it should be repaired immediately so that there are no more problems when mining.

As far as I understand it the implementations will come at a later date. Perhaps the dev could explain?

IT's not decentralized, theres a single node and they said they would launch 16 mores, but it will still be centralized.  Theres no P2P here...

Is BALLOONUM decententralized?Where we can have a look of network?Why Connection error again and again?

Hello! Interesting coin, but I do not see github. Do you have github?

added list of tx. it will be improved on next days...

https://explorer.balloonum.io/?addr=wBALL6YfhDyiYPohvA992wAP3iWpiQrvKmnuZ5p9X3UVRE3xduJUHDbjPnShDrEkbXXcggmwDguxVtFuVKCyX5F4R58QeGqo9mWKedsbd6gjZGDJfqTRMNTafH5QX4vN7kGc8j92YwUJxWRkvbz5KaERDEDTQZ5MtYTpLTbpDkgmqu9KJT5D

https://discord.gg/eArBrVm

how about making a discord?

If you are asking the question then the answer is no, not for now.   But for those who are'nt asking these questions can.

Can I use the video card to mine?

will give it a try , i am mining this balloonum on 4 different computer's now , and the first hour already mined no block , hope to get lucky later to find just 1 block

too hard to mine already, seeya

what is the level of difficulty now? can we do mining tests on ordinary cpu windows? I see this is very different from the others and might soon get a lot of response from the crypto miner

Type in your password and the window closes automatically. What's missing?

Ok well where to start, first of all this PoW algo has been available over GPU (nvidia & amd) for at least a year, so this wont be a CPU coin for long.  Amd here: https://github.com/Belgarion/clballoon and nvidia here: https://github.com/Belgarion/cuballoon.

Also i've download the wallet and mined a little and investigate into how it worked.  So first of all this aint a local wallet, its a web wallet.  All it does is polling every 5 seconds the web server to see if it has something new to mine (https://node1.balloonum.io/server.php?q=getminingtemplate.   Using json as the communication format like this response:

{"id":"test","jsonrpc":"1.0","result":{"height":222,"prevhash":"2ySnAjx6DgbfR8Xn8XQFW9FnoiuG1A33FDmgRYNq4zMG4k5NMxtWkrPv4p34urk2ajbFPVB7GnRUvX6 SeVZ7wth9","difficulty":42812734}}

If you type "getbalance" it request balance on server (passing your public address).  

Up to there its meh but its ok, nothing we haven't seen before.

Now where it gets more fun is when you find a block, its submitting the nonce, public key and......... the private key!  

Here a capture of it (You can steal my key if you want for a free 15 BALL reward!)



I personnaly wont mine anything where i send my private key to a web server, even if its in HTTPS.  This mean they have all private keys at their end....  And since theres no P2P at all, it might not even be a blockchain and/or a network.  It could only be a web server database, if so then how is that immutable, what are we even mining with pow?

Im sorry, im staying as far as i can from this, do your homework!  This balloon has busted!