Firstly, thanks to everyone who has posted questions, comments (positive and negative!) and shown interest in the project. Rather than make multiple posts, I have tried to cover most of the questions people have asked here.
WebsiteThe website will be up soon, and I will update this thread when done. Rather than promote the project before the code was ready, the focus has been on thoroughly testing the code to make sure no bugs have been introduced as a result of the changes to the original Ethereum code (mainly the new difficulty adjustment algorithm). The source code and binaries have been posted here as the first public step, to give any interested Bitcointalk members a chance to get a head start on mining before promotion of the coin starts in earnest. The next priority is the website.
DiscordThere are no immediate plans to start a discord channel for the project, however this may change if (when?) the project generates enough interest to warrant it. For now, this thread is the best place to ask any questions.
CharityThere is some information in the white paper on the charity distribution mechanism, but essentially it will work as follows:
- There are 10 account addresses embedded into the code that will start accumulating coins ~6 months after the launch date. The account private keys will be given to charities over the next 6 months.
- Accounts will only be given to registered charities who are already established. New charities will not be created as part of the project.
- Ballzcoin itself is not a charity.
MiningA big thanks to TerraHash.cc, ButSa, and thedives for setting up pools. I will add the links to the announcement post shortly.
For those who are keen, the instructions for solo mining with Claymore are as follows:
1. Start ballzcoin in console mode with RPC port open:
ballzcoin console --rpc
2. Wait for network synchronization. Within about 15 seconds, you should start seeing 'Imported new chain segment blocks = n' appear on the screen (n being a number between 1 and 2048). When n drops to 1, the entire chain has been imported, and you can start mining.
3. Start mining with Claymore:
ethdcrminer64 -allcoins 1 -retrydelay 10 -epool
http://127.0.0.1:8641This all assumes you have an account set up and configured as the etherbase. Please let me know if you want any instructions on how to do that.
ICOThis is not an ICO. The only way to get hold of coins at the moment is through mining.
PoSBallzcoin will not transition to PoS. It will always be a PoW coin.
MasternodesThere are no plans to have masternodes.