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Topic: [ANN] [KVA] Keva - Cryptocurrency with Key-Value Data Store - page 7. (Read 7571 times)

member
Activity: 762
Merit: 35
Any info about the fork? Algo change, blockchain timing /reward change other changes?
What is the reason for the fork? Which pools will support it? Is it going to be CPU only or also GPU/ASIC?
jr. member
Activity: 122
Merit: 1
Dear All,

The mainnet hard fork will be executed at block 46130, at about 14:00 GMT, March 25, 2020. The source code will be released in 48 hours.

The testnet8 will also be live in 48 hours, and its hard fork will be executed at block 6030, at about 14:00 GMT, March 18, 2020.

If you have any questions or concerns, please feel free to let me know. Thank you!
jr. member
Activity: 122
Merit: 1
So when the hardfork?

We are communicating with stakeholders, and have made great progress. We have important pieces ready and starting from this week, we will communicate with the rest of the stakeholders and finalize the date. Hopefully, we can let the community know the exact fork date this week. Thank you again for your patience and please stay tuned!

newbie
Activity: 19
Merit: 0
maybe 2020/4/4 Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 2030
Merit: 1076
BTCLife.global participant
So when the hardfork?
full member
Activity: 800
Merit: 143
One thing that you can do, to not disappoint the early GPU miners is to premine the existing coins on the new blockchain and swap them for old coins so they won't loose the coins mined. Then  they can continue to mine Keva like other if they want to stick to the project. This is how I would do it, as I think you can't simply switch to new mining algo, but rather launch a new blockchain.

Fortunately, we will be able to do a hard-fork and keep the original chain. So the GPU miners will keep their coins.


This is very good! You won't have to many problems.

Community:

Please cast your vote about the new algorithm in our Discord channel (#new_hash_algorithm): https://discord.gg/5zPHhbG

The vote will be closed in 48 hours, so act soon!




Joined. Voted for RandomX because I like CPU coins.
jr. member
Activity: 122
Merit: 1
One thing that you can do, to not disappoint the early GPU miners is to premine the existing coins on the new blockchain and swap them for old coins so they won't loose the coins mined. Then  they can continue to mine Keva like other if they want to stick to the project. This is how I would do it, as I think you can't simply switch to new mining algo, but rather launch a new blockchain.

Fortunately, we will be able to do a hard-fork and keep the original chain. So the GPU miners will keep their coins.




Community:

Please cast your vote about the new algorithm in our Discord channel (#new_hash_algorithm): https://discord.gg/5zPHhbG

The vote will be closed in 48 hours, so act soon!


newbie
Activity: 19
Merit: 0
old chian,new algo Grin Grin Grin
full member
Activity: 800
Merit: 143

Thanks for the suggestions and I apologize for lack of communication on this important issue. The main reason is that we are still struggling with what is the best move for the next step. We originally plan to use our slightly tweaked version of Cryptnoght R (and call it Cryptonight KV). However, that would require us to submit patches to various miners (e.g. XMRig, XMR-stak, T-rex, etc.). Since CN/R is a GPU/CPU algorithm, we need to implement support AMD, NVIDIA and CPU. It is quite a lot of work and uncertainty (not sure if the miners would accept our patches and they are moving to CPU-only RandomX). Then Kevacoin source code will need lots of changes. Unlike Monero source code, which is designed with hard-forks in mind, the Keva source code does not have support for hard-fork and we need to implement and test it. This is lot of work and testing. Honestly, we are secretly hoping that Nicehash's support for CN/R will go away, just like other older CN algorithms. We had a glimmer of hope this morning as the available hash rate of CN/R dropped to 1MHz (from 6 MHz) on the US market for a while.

However, we do agree that the CPU only is the future, and it fits our targeted developer demography, as these people normally have machines with powerful CPUs but only average GPUs. The recent development of AMD multi-core CPUs also makes CPU mining very promising. Our concern is that some of our early supporters are GPU miners and we don't want to disappoint them. But it is a fact that CPU mining is good for the long term for Kevacoin.

We will have a vote on the switch as suggested. Comments and suggestions are welcomed!


One thing that you can do, to not disappoint the early GPU miners is to premine the existing coins on the new blockchain and swap them for old coins so they won't loose the coins mined. Then  they can continue to mine Keva like other if they want to stick to the project. This is how I would do it, as I think you can't simply switch to new mining algo, but rather launch a new blockchain.
jr. member
Activity: 122
Merit: 1

Dev, so has it really been decided that there will be an algo change? If so, then when, and to what algo? I think that the community should have a part in these decisions - like if you do decide to switch the algo - you could let the community vote on it. A new / modified algo for KVA would also be cool (assuming that your team is capable of making such, since you plan to develop a blockchain for Key-Value data storage Wink).

A nicehash/asic,even GPU mining-resistent algo would be better imo. CPU only is the best.
Since I don't like, and is also too centralized the ninja mining/cloud mining all over other projects, this will be the best move for Keva.

Thanks for the suggestions and I apologize for lack of communication on this important issue. The main reason is that we are still struggling with what is the best move for the next step. We originally plan to use our slightly tweaked version of Cryptnoght R (and call it Cryptonight KV). However, that would require us to submit patches to various miners (e.g. XMRig, XMR-stak, T-rex, etc.). Since CN/R is a GPU/CPU algorithm, we need to implement support AMD, NVIDIA and CPU. It is quite a lot of work and uncertainty (not sure if the miners would accept our patches and they are moving to CPU-only RandomX). Then Kevacoin source code will need lots of changes. Unlike Monero source code, which is designed with hard-forks in mind, the Keva source code does not have support for hard-fork and we need to implement and test it. This is lot of work and testing. Honestly, we are secretly hoping that Nicehash's support for CN/R will go away, just like other older CN algorithms. We had a glimmer of hope this morning as the available hash rate of CN/R dropped to 1MHz (from 6 MHz) on the US market for a while.

However, we do agree that the CPU only is the future, and it fits our targeted developer demography, as these people normally have machines with powerful CPUs but only average GPUs. The recent development of AMD multi-core CPUs also makes CPU mining very promising. Our concern is that some of our early supporters are GPU miners and we don't want to disappoint them. But it is a fact that CPU mining is good for the long term for Kevacoin.

We will have a vote on the switch as suggested. Comments and suggestions are welcomed!
full member
Activity: 800
Merit: 143
This is a message I posted on Bitcointalk Altcoin forum:

Cryptnight R Price on NiceHash Went Down All the Way

https://bitcointalksearch.org/topic/cryptnight-r-price-on-nicehash-went-down-all-the-way-5228737

It described what happened last night on the NiceHash CN/R marketplace.



Dev, so has it really been decided that there will be an algo change? If so, then when, and to what algo? I think that the community should have a part in these decisions - like if you do decide to switch the algo - you could let the community vote on it. A new / modified algo for KVA would also be cool (assuming that your team is capable of making such, since you plan to develop a blockchain for Key-Value data storage Wink).

A nicehash/asic,even GPU mining-resistent algo would be better imo. CPU only is the best.
Since I don't like, and is also too centralized the ninja mining/cloud mining all over other projects, this will be the best move for Keva.
newbie
Activity: 8
Merit: 0
This is a message I posted on Bitcointalk Altcoin forum:

Cryptnight R Price on NiceHash Went Down All the Way

https://bitcointalksearch.org/topic/cryptnight-r-price-on-nicehash-went-down-all-the-way-5228737

It described what happened last night on the NiceHash CN/R marketplace.



Dev, so has it really been decided that there will be an algo change? If so, then when, and to what algo? I think that the community should have a part in these decisions - like if you do decide to switch the algo - you could let the community vote on it. A new / modified algo for KVA would also be cool (assuming that your team is capable of making such, since you plan to develop a blockchain for Key-Value data storage Wink).
jr. member
Activity: 122
Merit: 1
This is a message I posted on Bitcointalk Altcoin forum:

Cryptnight R Price on NiceHash Went Down All the Way

https://bitcointalksearch.org/topic/cryptnight-r-price-on-nicehash-went-down-all-the-way-5228737

It described what happened last night on the NiceHash CN/R marketplace.

newbie
Activity: 42
Merit: 0
You can set a donation fund for this kind of actions, like bounties, exchange listings, other expenses. People will put some money in because is their interest to grow the project and see the price going up.

Thanks for your advice. We will start a discussion on our discord community on how to set up and manage the donation fund. We believe it is better for the community to manage the fund. We can make recommendations on how to spend it, but the community should have the final saying.


Good move @calmstorm and I believe you are right about who should manage the community donation funds, since they are the ones who donates and of course for more transparency.
I also agreed that who will be authority to manage the community donation fund as they are the person who donates with more clearity.
newbie
Activity: 8
Merit: 0
Join us @
keva.smoothmine.com
               KEVA [KVA] POOL

We are the lowest-fee KEVA pool. This is our first pool, and we are committed to operating at maximum performance, and providing the smoothest experience for our users :-)

Mining Pool Address: keva.smoothmine.com
Ports (low to high diff): 111 (low-end), 222 (medium-end), 333 (high-end), 444 (mining rigs), 555 (nicehash / cloud)
User: your wallet address
Pass: x
Minimum payout: 10KVA
Fee: 0.03% (profit * 0.0003)

Support: https://discordapp.com/invite/9GECvA

If you'd like to donate:
KVA - VJ8eDCJkXRyuQ5k65tGzp5P7FGKCNUPAA6
BTC - bc1qmyuj546qhwj4v2hznx58qv8ue0k25my0erac7f



Our 1000KVA donation to the KEVA community fund to show our support for this coin - https://explorer.kevacoin.org/tx/116afa413bd369569efdc0d2b52d65774e717783d1fa5b29a94c01e2e99a595f
jr. member
Activity: 122
Merit: 1
We have a community fund to support the development and promotion of Kevacoin. The fund can be used for:

1. Bounty campaign.
2. Give-away to developers to try out the platform.
3. Future exchange listing.
4. etc.

The fund belongs to the community, and its management is transparent. We currently only take Kevacoin and please send your donation to this address:
VE6Q8bpn8gRKRoWXFPXMPFZt6juXYyNbe1

Once you give a donation to the above address, please send a note to this channel to let us know (you can stay anonymous if you wish so :grinning: ). Every time we take KVA from the fund, we will also notice the community through this channel.

You can see the transaction of the fund here:
https://explorer.kevacoin.org/address/VE6Q8bpn8gRKRoWXFPXMPFZt6juXYyNbe1

Suggestions and comments about the management of the fund are welcomed!

We just donated 100 KVA to kickstart the community fund!
jr. member
Activity: 122
Merit: 1
Our Product Hunt campaign is live!

Please support us by upvoting  Smiley Cool Smiley Cheesy
https://www.producthunt.com/posts/key-value-database-on-keva-blockchain

This is a great opportunity to reach out to the developer community!
full member
Activity: 800
Merit: 143
You can set a donation fund for this kind of actions, like bounties, exchange listings, other expenses. People will put some money in because is their interest to grow the project and see the price going up.

Thanks for your advice. We will start a discussion on our discord community on how to set up and manage the donation fund. We believe it is better for the community to manage the fund. We can make recommendations on how to spend it, but the community should have the final saying.


Good move @calmstorm and I believe you are right about who should manage the community donation funds, since they are the ones who donates and of course for more transparency.
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