Topic: [ANN] Escudo Electrónico Português - CryptoNote - SHA256 - page 2. (Read 1268 times)

https://github.com/ptdotps2/ePT/releases/tag/v0.0.2

Checkpoint data release.

We've added checkpoints https://github.com/ptdotps2/ePT/commit/c9212cf828044956fe1f8d6ca68ddecbbde2610c

For those who compile synchronization should now happen in less than 2 minutes.

As for user-friendly mining software no work is being done. However doesn't mean it won't.

This seems like good news.
Are you planning to have a more user-friendly program for mining?

It won't at least for now. The focus is on deposits.

Keeping mining tools for miners and banking for investors if this makes any sense.

However, you can notice p2p messaging will be added as a feature. Feature introduced by ducknote developers in 2014.

Will the wallet also have a mining function?

A sneak peek to graphical interface wallet.

We decided to add cold stake deposits. This decision was taken very carefully to protect Portuguese rights and interest, where every new coin introduces a deflationary system, decreasing the reward smoothly or halving like bitcoin and others, ePT decided to drastically drop its block reward to 0.52 ( tail-emission) . These changes will take place in about 25 days along hard-fork where cold staking will be added, making ePT the first "country coin" with inflationary emission though retaining pow, APY will be over 100 %.

What does it mean?

1. ePT will rely on low energy for the very first years of existence. ( energy-friendly)
2. The price will rely on % of total deposits according to investors' decisions as you may acknowledge.
3. Emission will rely also mainly on deposits.
4. Time for mining is now. ( ~ 25 days until tail-emission and deposits)


Keep in mind ePT is still in its very early stages.

Once again,

Colors for Portugal.

As per Service Announcement https://bitcointalksearch.org/topic/fakegucci-a-concept-trading-exchange-5403894

These chains/tokens will be directly tradeable for ePT

Thanks for making the whitepaper available.

Edit: We just wait for the ePT version.

FakeGucci partnered with ePT.

A concept where fake brands are FUN.

CryptoNote whitepaper on github.com

https://github.com/ptdotps2/docnotes/blob/main/cryptonote_whitepaper.pdf

Work is being done on ePT whitepaper.

A summary on what's happening behind the scenes:

1. Android and iOS mobile wallet appplications.

Our working framework allow us to seemingless deploy ePT wallet both on android and ios devices.

2. ePT exchange

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Approach and strategy along ePT end-goals is still being studied.

Security first, either by moving funds we cannot cover to a COLD wallet ( applying for any coin listed on ePT exchange) which implies "slow" deposits/withdrawals or trust nature. Obviously we do understand not even big exchanges are safe as claim to be.

E.g. https://academy.binance.com/en/glossary/secure-asset-fund-for-users

External payment providers are not in the plans. Each coin will be supported natively reducing risk-factor, meaning no 3rd party integrations.

3. Core proposals

4. Bridge for ePT

Either on major market-capped chains such as TRON, BNB, ETH etc. ePT bridge shall provide view-keys to it's wallet being the funds on the bridge coverable in case of catastrophic event.

It's token does not need to be audited since relying on very basic official templates and being public.

5. ePT strategy

Colors for Portugal.

Note on anyone willing to share info on ePT.

A message to the world : https://www.youtube.com/watch?v=B4H4OVVyQUQ

Who doesn't remember furby?


      ,._              ,              _.,
      |  `.          )\|`(          ,'  ;
      | ;-.`.       \'/.'\(       ,',-; |
      | |  `.`.     \{. ; /     ,','  | |
      ; ;    `.`..--" `` `"--..','    ; ;
       \ '.   ;       __        ;   ,' /
        `. `./  .-""-:  :-""-.   \,' ,'
          ``|  /\\\\._\/_.////\   |``
            |  `// o\\  // o\\'   |
            |   \\__//  \\__//    |
            \    '--'.--.'--'     /
             \      /____\       /
             /'.    \'--'/     .'\
            ;   \    '--'     /   ;
           |     ;--......---;     |
           |    ;             ;    |
           ;    ;             ;    ;
            \ .-.--.-.   .-.--.-. /
             (  (  (  )-(  )  )  )
              `"`""`""`  `"`""`"`

We've just identified a RU attacker existing on one of the seed-nodes, threat is being monitorized on high control approach.

https://www.youtube.com/watch?v=RONV2Fzu_4U

For those who don't know, ssh port by default is 22, we changed it to 23. You can have it back.

iOS and Android apps are being developed.

Also working on logo for exchange.

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It's not gucci, it's just ePT exchange logo prototype in ASCII.

Again, use ePTdaemon --add-exclusive-node 172.105.79.120:6777

Or compile yourself under linux with latest seed-nodes.

  "209.94.60.118:6777",
  "208.110.69.170:6777",
  "204.12.220.34:6777",
  "5.199.133.25:6777",
  "172.105.109.20:6777",
  "172.105.79.120:6777",
  "64.227.45.67:6777"

https://github.com/ptdotps2/ePT/blob/main/src/CryptoNoteConfig.h#L196

Block explorer ip - http://blocks.escudo.digital/

Reach us on discord if still not in the works.

Also make sure you are on ePT v. v0.0.1.16-4431330

Even though ePT algorithm is SHA-256 there is wip for spow, meaning any of "old" claims of being asicable are not valid. Further studies took us to the conclusion we would need indeed a "CPU-only" algorithm to keep us "CPU-only", however, we all know this is only temporary. You can "watch" for instance XMR evolution which aims to keep itself CPU-only mineable. Spow comes in, spow disallows any sort of "temporary" CPU algorithm. For legendary members to understand, where you would think ASIC would be possibility it simply won't. This is a complex problem, cause we are not only trying to solve adoption by minorities with less expensive hardware such as IoT devices but are also concerned with "banning" botnets and pool-mining. The aim is to keep it CPU, however we concluded GPU is also a possibility within core. Making ePT a "solo-gpu" coin even though using SHA-256. This is however sad on our eyes, cause let's face it, we want "less-expensive" (IoT) devices to be allowed along with expensive CPUs. For us to keep fairness extra measures would have to be taken ( such as a "limiter"), RAM is a possibility to "kick" out not-so-expensive GPUs (e.g. add a 32gb scratchpad loaded within RAM).    

CryptoNote started as Bytecoin with CryptoNight algorithm, a L3 cache bounded structure, and evolved to ASIC's, meaning measures have to be taken along time to keep either up or against ASIC manufacturers.

Seen options:

1. Keep it CPU/GPU minable along a big-sized scratchpad loaded in RAM.
2. Ditch spow idea and go SHA-256 mineable with ASIC's. ( pool-mining)
3. Any other

Our aim is / would be to keep SHA-256. However in 1st option to "kill" old gen/not so expensive GPUs we are also "killing" IOT devices. We strongly believe these should be an option along a fast algo as SHA-256 is.

Ideas/Proposals are welcome.

Bridge along token creation is "on the works" in order to keep EPT on xeggex.

Have a good day everyone.