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Topic: [ANN] Kryptohash | Brand new PoW algo | 320bit hash | ed25519 | PID algo for dif - page 18. (Read 149454 times)

newbie
Activity: 29
Merit: 0
When will the android wallet come out?
sr. member
Activity: 350
Merit: 250
It's time for KHC to get listed on a mainstream exchange. Wink

With the new algo in place there are wallets being created for more platforms. The transition in the blockchain has not yet occurred so expect to see those after that happens.  Then more exchanges make sense.
newbie
Activity: 29
Merit: 0
It's time for KHC to get listed on a mainstream exchange. Wink
sr. member
Activity: 350
Merit: 250
This coin seems stuck here.  Sad

Hmm...  Did you try to jiggle the machine or press the coin return button?  Sometimes that will cause the coin to be returned in the coin dispenser.   Roll Eyes
member
Activity: 61
Merit: 10
This coin seems stuck here.  Sad
newbie
Activity: 56
Merit: 0
Someone proposed an interesting feature a few pages back. I believe you could use the superiority of the algorithm, together with that feature, towards true success beyond the norm of the "crypto-world".
Yes,master nodes can do alot of things.
member
Activity: 108
Merit: 10
Someone proposed an interesting feature a few pages back. I believe you could use the superiority of the algorithm, together with that feature, towards true success beyond the norm of the "crypto-world".
newbie
Activity: 56
Merit: 0
Has nonce-pool updated to the wallet v0.5.0 ??  Huh
newbie
Activity: 56
Merit: 0
NEW WALLET v0.5.0 AVAILABLE.  MANDATORY UPGRADE.

Changes since v0.4.1

- New KSHAKE320 version 2  Proof of Work Algorithm.  Network will automatically switch to the new algorithm at Block 50,000.

IMPORTANT:
Be sure you upgrade both the Wallet and cgminer before Block 49,000 is mined.

Download Wallet v0.5.0 from here:
https://github.com/kryptohash/kryptohash/releases/tag/v0.5.0

Download cgminer v3.7.7 from here:
https://github.com/kryptohash/cgminer-khc/releases/tag/v3.7.7



So does the v2 cl work on current v1 algo?
Good to see KHC moving forward~ Cheesy
The speed of  cgminer v3.7.7 is the same with the previous one.
newbie
Activity: 56
Merit: 0
NEW WALLET v0.5.0 AVAILABLE.  MANDATORY UPGRADE.

Changes since v0.4.1

- New KSHAKE320 version 2  Proof of Work Algorithm.  Network will automatically switch to the new algorithm at Block 50,000.

IMPORTANT:
Be sure you upgrade both the Wallet and cgminer before Block 49,000 is mined.

Download Wallet v0.5.0 from here:
https://github.com/kryptohash/kryptohash/releases/tag/v0.5.0

Download cgminer v3.7.7 from here:
https://github.com/kryptohash/cgminer-khc/releases/tag/v3.7.7



So does the v2 cl work on current v1 algo?
Good to see KHC moving forward~ Cheesy
sr. member
Activity: 329
Merit: 250
Both, the new wallet v0.5.0 and cgminer v3.7.7 are capable of handing both algorithm versions.  

From today till block 49,999 miners will continue submitting blocks using v1 algo.  After that, v1 blocks will be rejected by the network.

To ensure the network is up to date before the switch, the Wallet 0.5.0 will begin rejecting connections from older Wallet version 0.4.x after block 49,000 is mined.
sr. member
Activity: 350
Merit: 250
NEW WALLET v0.5.0 AVAILABLE.  MANDATORY UPGRADE.

Changes since v0.4.1

- New KSHAKE320 version 2  Proof of Work Algorithm.  Network will automatically switch to the new algorithm at Block 50,000.

IMPORTANT:
Be sure you upgrade both the Wallet and cgminer before Block 49,000 is mined.

Download Wallet v0.5.0 from here:
https://github.com/kryptohash/kryptohash/releases/tag/v0.5.0

Download cgminer v3.7.7 from here:
https://github.com/kryptohash/cgminer-khc/releases/tag/v3.7.7



So does the v2 cl work on current v1 algo?
sr. member
Activity: 329
Merit: 250
NEW WALLET v0.5.0 AVAILABLE.  MANDATORY UPGRADE.

Changes since v0.4.1

- New KSHAKE320 version 2  Proof of Work Algorithm.  Network will automatically switch to the new algorithm at Block 50,000.

IMPORTANT:
Be sure you upgrade both the Wallet and cgminer before Block 49,000 is mined.

Download Wallet v0.5.0 from here:
https://github.com/kryptohash/kryptohash/releases/tag/v0.5.0

Download cgminer v3.7.7 from here:
https://github.com/kryptohash/cgminer-khc/releases/tag/v3.7.7

sr. member
Activity: 386
Merit: 250
Testing using the TestNet has been good so far.  I'm keeping the amount of changes to a minimum to prevent unpleasant surprises.   I think the new Wallet 0.5.0 and cgminer 3.7.7 could be released sometime next week.  If you want, you can go to GitHub and look at what I've checked in to kryptohash branch 0.5.0.

The plan is to transition the network to version 2 beginning at block 50,000.  Everybody will need to upgrade their Wallets before Block 49,000 to ensure a smooth transition.
Have the Wallet 0.5.0 and cgminer 3.7.7 been released?
sr. member
Activity: 350
Merit: 250
coin has potential  different feature than others

True, is a tall wish list.  However will destroy the fed paper dollars that were killed off by the evolving copy machine.
jr. member
Activity: 56
Merit: 10
coin has potential  different feature than others
sr. member
Activity: 350
Merit: 250
How many coins mined total?

No volume on exchange so how to buy?

That would require a scan of all solved blocks.  Kinda early in the development, and kind of a tall order at this stage.

See the op for exchanges and where to buy but I as much as I am honest I warn you, you should be aware crypto is volitile, this has nothing to do with what I have seen on a technical or ethical level...
sr. member
Activity: 350
Merit: 250
The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.

In your opinion, What would be the appropriate transaction fee?  

As a miner, how about 5%   Grin

I'm a miner too so, I agree with you.

Anybody has a different % number in mind? I want to hear.

5% crazy  nobody ever use coin transaction fee 5%  is you joking?

0.1% 1 for 1000 KHC  is most fee should be  that still to much  .01% better

miner get paid solving block


At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction.

Why people stop mining?  people mine to solve block?  are not transaction in block?  block is not enough reward to mine?  other coins not as much fee and  people still mining

maybe i not understand all things

not making trouble  just what i think  possibly i am wrong

 

This coin is in early development, but with great potential based on Dev's foresight involving encryption standards and problems involving use of an ASIC by miners that have proven they will dominate the market.  Lack of will involving takeover of every aspect of a transaction is a total bonus.  It is what it is, it is BTC 2.0 and all credit granted to BTC for pioneering digital currency, no dark market to promote illegal activity, room for growth and an open mind to the community and coding ability proven to me to be worth his salt.  I know he can write transaction gateways for POS systems integration based on what I've seen so far.  KHC is going through a major overhaul involving the encryption algo all without reset of the blockchain, so that might raise question for some on if it will survive, so yes the coin is not going to have a high network hash rate at the moment.  To me, it has the needed qualities to be a success.  The rest is community and further adoption.  Ideally it should be anonymous as cash to replace it while killing off counterfeit currency.  DRK is there, but is based on X11 and already victim to ASIC.  As far as FEDCOIN is concerned, I do not think there is a lot of trust from a currency created by those folks.  What we all need is currency that will survive mistakes and ramifications created by all of our previous generations.  This one is a good candidate.

I agree with things you say

The topic with 5% transaction fee crazy  .1% can be good  need to change lower

At present the coin is too expensive to mine to attract miners to process transactions at that rate (.01%).  You need to try and mine it for a while, then make a call.  My response of 5% was designed to be irrational based on the cost of mining the coin at present.  As long as it remains ASIC resistant, there won't be a miner takeover like with BTC and a lot of other coins.  My worry is that they can beat it and I think that a modular encryption engine that can be updated live by master nodes can provide further defense.

yes masternodes


Yes, they need the most security integration to perform live encryption kernel updates and be the most fluid, but randomized based on longevity of connection to the network to host this, and would be a prized catch for tommy 10 yr old hacker but remain a moving target.
jr. member
Activity: 56
Merit: 10
How many coins mined total?

No volume on exchange so how to buy?
jr. member
Activity: 56
Merit: 10
The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.

In your opinion, What would be the appropriate transaction fee?  

As a miner, how about 5%   Grin

I'm a miner too so, I agree with you.

Anybody has a different % number in mind? I want to hear.

5% crazy  nobody ever use coin transaction fee 5%  is you joking?

0.1% 1 for 1000 KHC  is most fee should be  that still to much  .01% better

miner get paid solving block


At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction.

Why people stop mining?  people mine to solve block?  are not transaction in block?  block is not enough reward to mine?  other coins not as much fee and  people still mining

maybe i not understand all things

not making trouble  just what i think  possibly i am wrong

 

This coin is in early development, but with great potential based on Dev's foresight involving encryption standards and problems involving use of an ASIC by miners that have proven they will dominate the market.  Lack of will involving takeover of every aspect of a transaction is a total bonus.  It is what it is, it is BTC 2.0 and all credit granted to BTC for pioneering digital currency, no dark market to promote illegal activity, room for growth and an open mind to the community and coding ability proven to me to be worth his salt.  I know he can write transaction gateways for POS systems integration based on what I've seen so far.  KHC is going through a major overhaul involving the encryption algo all without reset of the blockchain, so that might raise question for some on if it will survive, so yes the coin is not going to have a high network hash rate at the moment.  To me, it has the needed qualities to be a success.  The rest is community and further adoption.  Ideally it should be anonymous as cash to replace it while killing off counterfeit currency.  DRK is there, but is based on X11 and already victim to ASIC.  As far as FEDCOIN is concerned, I do not think there is a lot of trust from a currency created by those folks.  What we all need is currency that will survive mistakes and ramifications created by all of our previous generations.  This one is a good candidate.

I agree with things you say

The topic with 5% transaction fee crazy  .1% can be good  need to change lower

At present the coin is too expensive to mine to attract miners to process transactions at that rate (.01%).  You need to try and mine it for a while, then make a call.  My response of 5% was designed to be irrational based on the cost of mining the coin at present.  As long as it remains ASIC resistant, there won't be a miner takeover like with BTC and a lot of other coins.  My worry is that they can beat it and I think that a modular encryption engine that can be updated live by master nodes can provide further defense.

yes masternodes
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