Topic: [ANN] Bitcredit/CRE - first sidechain, claimable from Bitcoin, pow/pod - page 12. (Read 12942 times)

Quote from: MRKLYE on March 26, 2015, 02:17:36 PM

Yes it started working after about 1.5 days of syncing (bitcoin), I was able to start mining shortly after.

I had some issues with a memory leak or maybe just the client using alot of memory while syncing the BTC bockchain.

I just want to add, this is an interesting coin. I think I'll keep mining it with one of my computers.

Can you give an estimate to how many coins you are mining per hour///per day, and with what does it mine, CPU or GPU?
CPU I have Intel i5 4670 @ 3.60 GH/z
GPU I have Gigabyte Radeon HD 7970Ghz Edition @ 1.2 GHz

Gabriel Eiger

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Quote from: Gabriel Eiger on March 26, 2015, 01:47:09 PM

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

When I synced up I had to wait for the bitcoin blockchain to sync before it would sync the bitcredit blockchain.

May I ask if you did get it to work eventually?

Yes it started working after about 1.5 days of syncing (bitcoin), I was able to start mining shortly after.

I had some issues with a memory leak or maybe just the client using alot of memory while syncing the BTC bockchain.

I just want to add, this is an interesting coin. I think I'll keep mining it with one of my computers.

I am currently using the BitcoinQT wallet to sync my bootsrap to attempt to mine this.. It's taking almost 500MB of ram.
The Bitcredit on the other hand was only taking around 325MB while running.. Not bad.

See link to forum. bootstrap has to be renamed bitcoin_bootstrap.dat, this specific functionality also untested.
http://bitcredit-currency.org/phpbb/viewtopic.php?f=12&t=21&p=143#p143

Gabriel Eiger

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Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: MRKLYE on March 26, 2015, 02:17:36 PM

Quote from: Gabriel Eiger on March 26, 2015, 01:47:09 PM

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

When I synced up I had to wait for the bitcoin blockchain to sync before it would sync the bitcredit blockchain.

May I ask if you did get it to work eventually?

Yes it started working after about 1.5 days of syncing (bitcoin), I was able to start mining shortly after.

I had some issues with a memory leak or maybe just the client using alot of memory while syncing the BTC bockchain.

I just want to add, this is an interesting coin. I think I'll keep mining it with one of my computers.

I am currently using the BitcoinQT wallet to sync my bootsrap to attempt to mine this.. It's taking almost 500MB of ram.
The Bitcredit on the other hand was only taking around 325MB while running.. Not bad.

Would you mind giving an explanation on how you have used the bootstrap to get the client running, in the "normal" bitcoin way or some other way?

And do you mean that you have gotten a miner started?

Gabriel Eiger

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Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: Gabriel Eiger on March 26, 2015, 01:47:09 PM

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

When I synced up I had to wait for the bitcoin blockchain to sync before it would sync the bitcredit blockchain.

May I ask if you did get it to work eventually?

Yes it started working after about 1.5 days of syncing (bitcoin), I was able to start mining shortly after.

I had some issues with a memory leak or maybe just the client using alot of memory while syncing the BTC bockchain.

I just want to add, this is an interesting coin. I think I'll keep mining it with one of my computers.

That is very good to hear. Keep an eye here and on the board http://bitcredit-currency.org/. It will continually be updated with more information and detailed descriptions on usage and on the Bitcredit protocol. Source will be published eventually.

MRKLYE

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Quote from: Gabriel Eiger on March 26, 2015, 01:47:09 PM

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

When I synced up I had to wait for the bitcoin blockchain to sync before it would sync the bitcredit blockchain.

May I ask if you did get it to work eventually?

Yes it started working after about 1.5 days of syncing (bitcoin), I was able to start mining shortly after.

I had some issues with a memory leak or maybe just the client using alot of memory while syncing the BTC bockchain.

I just want to add, this is an interesting coin. I think I'll keep mining it with one of my computers.

I am currently using the BitcoinQT wallet to sync my bootsrap to attempt to mine this.. It's taking almost 500MB of ram.
The Bitcredit on the other hand was only taking around 325MB while running.. Not bad.

MisO69

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Activity: 1946

Merit: 1005

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Quote from: Gabriel Eiger on March 26, 2015, 01:47:09 PM

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

When I synced up I had to wait for the bitcoin blockchain to sync before it would sync the bitcredit blockchain.

May I ask if you did get it to work eventually?

Yes it started working after about 1.5 days of syncing (bitcoin), I was able to start mining shortly after.

I had some issues with a memory leak or maybe just the client using alot of memory while syncing the BTC bockchain.

I just want to add, this is an interesting coin. I think I'll keep mining it with one of my computers.

Gabriel Eiger

sr. member

Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

When I synced up I had to wait for the bitcoin blockchain to sync before it would sync the bitcredit blockchain.

May I ask if you did get it to work eventually?

Gabriel Eiger

sr. member

Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: MRKLYE on March 26, 2015, 04:56:06 AM

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

Strange. Mine says 2 weeks behind but it hasn't moved as I assume that its waiting to downlaod another 2 and a half years of BTC Blockchain first.. lol
Let it download the BTCb blockchain. It seems to have priority over the Bitcredit blockchain off startup.

You are probably experiencing the initial interchain chainstate sync. For the moment that sync can take several hours on a normal pc. It is unfortunately a pain, and can be avoided with an up to date working directory download. Will look into possibility of distributing one. See link for more info on syncing process.
http://bitcredit-currency.org/phpbb/viewtopic.php?f=18&t=17

Gabriel Eiger

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Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

See other reply. Bitcredit blockchain will not start synching until Bitcoin blockchain is downloaded. Once that is done, the very first bitcredit block being downloaded will cause a VERY long (hours) intialisation of the bitcoin-bitcredit chainstate.

Post here or on http://bitcredit-currency.org if you need more help.

Gabriel Eiger

sr. member

Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

This is not an error, it is due to that the Bitcredit blockchain is waiting for the Bitcoin blockchain download before it can start synching. Unfortunately the ui progress for Bitcredit-Qt needs improvement with regards to displaying the initial download.

The initial sync of the two chains are unfortunately a pain right now. Will look into possibility of distributing a torrent or bootstrap.dat.

Open debug.log in the Bitcredit working directory to see the progress more clearly. See this thread for some more information:
http://bitcredit-currency.org/viewtopic.php?f=18&t=17

Gabriel Eiger

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Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: melwinder on March 26, 2015, 04:08:04 AM

I do have a question about the "Claiming" process, what is the ratio for bitcoin to CRE? Like one of my wallets has about 300 transactions and a "total received" of 4.4697 BTC ... would I only get 4.4697 CRE, or what is the deal there?

Yes, that is correct. The ratio between the coins are 1:1. There will be a maximum of 30 million bitcredits at the most. 15 million of those are claimable from Bitcoin. Considering that the block creation process is driven by a combined proof-of-work/proof-of-deposit algorithm, you will increase your chances of getting block creation rewards with help from your claimed coins.

Due to that the mining difficulty at the moment is at it's lowest, and will adjust upwards in a few days, you should probably try out mining if you want to gain some more bitcredits.

Gabriel Eiger

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Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: tacee on March 26, 2015, 03:54:44 AM

what algo is this coin? Huh

It's the same algorithm as Bitcoin, SHA-256 proof-of-work, with a requirement to add deposits to each block. The deposits are not spent in any way, they are locked with the block for approximately three months and after that released to be reused by the depositor.

A more detailed explanation about the mechanics of Bitcredit mining and deposits will be added to the forum today.
http://bitcredit-currency.org

hf100

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Will you be making it possible to claim coins without downloading the bitcoin blockchain?

MisO69

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Quote from: melwinder on March 26, 2015, 04:53:05 AM

Quote from: melwinder on March 26, 2015, 04:43:25 AM

Whenever I launch the bitcredit QT, I keep getting "Bitcredit: No block source available..." "2 weeks behind"
What's that about o.O

the bitcoin is synching just fine, 4 yrs 3 weeks behind right now

Give it time to connect to the network.. Mine took about 2 minutes before it say peers on the bitcredit network.

I've had the QT launched for about 15 minutes now :/
Bitcoin sync is at 3 yrs 30 weeks now ----- 8 active connections to the network
Bitcredit still No block source available ----- 6 active connections to the network

When I synced up I had to wait for the bitcoin blockchain to sync before it would sync the bitcredit blockchain.

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MRKLYE

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Quote from: melwinder on March 26, 2015, 04:59:20 AM

Quote from: MRKLYE on March 26, 2015, 04:56:06 AM

Quote from: melwinder on March 26, 2015, 04:53:05 AM