Celestial is a new cryptocurrency that uses an improved proof of work algorithm. The first thing we have done is make the coin only being mineable by a CPU using the solo miner. Celestial is completely ASIC and GPU resistant making it hard for one person to get a big hashrate. Doing this drastically limits the amount of control or hashrate a single body can hold. This prevents 51% attacks and gives miners without big mining rigs a fair chance get some coins too. We have also made Celestial pool resistant which makes it so people with multiple high power CPU's can't combine their hashrates and try to find the same block. Meaning every CPU is on their own. You can still combine your CPU's cores though. Celestial has implemented a cycle based curve that makes the difficulty rise and fall in predetermined cycles. This allows the hashrate to be more predictable, making it harder for sudden changes in the networks behavior to cause any problems. For example this makes a 51% attack next to impossible. Celestial hopes to lead the cryptocurrency industry to a more stable and secure state making sure decentralization stays a priority.
Specs
Algorithm: CryptoNight Soft Shell
Block Time: 45 Seconds
Emission Speed: 24
Total Supply: 1,700,000,000
Decimals: 5
Premine: 1%
Ticker: CELS
Timeline
Initial Release: October 25, 2018
GUI Wallet: October 2018
Beginner Guides: November 2018
Premine Log Website: November 2018
Discord Bot: November 2018
Easier Mining Solution: Q4 2018
Exchange Listing: Q4 2018
Client Update: Q1 2019
Web Wallet: Q2 2019
Mobile App: ?
FAQ
Q: How do I mine Celestial?
A: Currently the only way to mine Celestial is to use the miner executable included in the client files.
Q: What will the premine be used for?
A: Below are the percent of the premine for each use. In the timeline you can see that I plan on making a website where I will log all premine expenses.
5% - Testnet participants and helpers.
30% - Bounties.
20% - Community competitions.
15% - Developers.
10% - Founders personal use.
20% - Future ventures.
Q: Where can I get the client files?
A: The "Client" link above will take you to our Github releases page where you can download some precompiled Celestial executables for Mac, Linux, or Windows.
Q: What if I want to compile the client myself?
A: The "Client" link above has a source code option or you could just clone the repository associated with the releases page.
Q: How can I make a pool?
A: You would not be able to make a pool because Celestial is pool resistant.
Q: I am getting a really low hashrate?
A: There are 2 things that could be happening one is that your cpu might not be that powerful or two the network is at a lower part of the difficulty cycle.
Q: I am not finding very many blocks?
A: Celestial only allows solo mining which means you will have to find all blocks on your own. This means it will take a bit longer but remember that ASIC's and GPU's are prevented so you will not need as high of a hashrate to find a block as you would with other coins.
Q: Is there somewhere I can buy or sell Celestial?
A: I have added a trading channel in the discord. There is a list of escrow agents I recommend but do not endorse also in the discord.
Q: Is there a public node?
A: Yes, at the moment there are three.
- celc.cnknight.club:18236
- crypto9coin.cf:8236
Bounties
Spanish BitcoinTalk Post Translation: 500 CELC
French BitcoinTalk Post Translation: 500 CELC
German BitcoinTalk Post Translation: 500 CELC
Please post a link to your translation as a reply with your CELC address at the bottom. First post for each translation will get the payment.
I will remove bounties from this list when they have been completed.