Topic: [ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N - page 77. (Read 145946 times)

Monocle is brought to you by the Vertcoin (VTC) developers.

Stealth addresses are now on MON mainnet - please download the updated wallet: http://www.reddit.com/r/vertcoin/comments/298wpl/monocle_stealth_address_release_candidate_1/

NOTE - UNTIL A SUFFICIENT NUMBER OF NODES HAVE UPDATED, SX TRANSACTIONS MAY NOT BE RELAYED, SO DO NOT SEND LARGE AMOUNTS OF MON IN STEALTH TRANSACTIONS YET, AS THOSE TRANSACTIONS MAY TAKE A LONG TIME TO MAKE IT INTO A BLOCK AS THE NETWORK UPDATES.

POOL AND P2POOL NODE OPERATORS SHOULD ALSO UPDATE TO THE NEW MON WALLET SO THEY CAN MINE SX TRANSACTIONS. SX INTRODUCTION IS NOT HARDFORKING, BUT SHOULD BE TREATED AS SUCH SINCE IT IS IMPORTANT TO GET AS MANY NODES AND MINERS UPDATED AS SOON AS POSSIBLE.


Vote for Monocle on Mintpal: https://www.mintpal.com/voting#MON

Exchanges:

https://www.poloniex.com/exchange/btc_mon
https://www.bittrex.com/Market/?MarketName=BTC-MON

Exchange requests: http://www.reddit.com/r/CoinedUp/comments/24yk8a/please_add_mon_vtc_team_release_mergemined_on_vtc/

Website: https://monocle.vertcoin.org

Block explorer: http://cryptexplorer.com/chain/Monocle
Block explorer: http://monexplorer.vertcoin.org/

Difficulty and hashrate charts: http://stats.etyd.org/monocle.html

Pools:

LIVE POOLS:

Pools being added here as they come online. Use VTC address as username and MON address as password when mining on the proxied p2pool nodes, the other (non-p2pool) pools may have a different way to pass your addresses so please read their individual instructions.

P2pool network 1:

stratum+tcp://p2p-us.kilovolt.co.uk:9555
stratum+tcp://p2pool.vtcpool.co.uk:9555
stratum+tcp://vtc.cubeconnex.com:9555
stratum+tcp://mon.qemulab.com:9555
stratum+tcp://ny.p2proxy.net:9555 (http://p2proxy.net/)
stratum+tcp://191.239.1.169:9555
stratum+tcp://singaporep2pool1.no-ip.info:9555
stratum+tcp://vertcoinpool.com:9555
stratum+tcp://107.170.105.6:9555
stratum+tcp://p2pool.vertfinder.info:9555 - stats page: http://p2pool.vertfinder.info:8080/proxypool/

P2pool network 2:

stratum+tcp://p2p-eu.kilovolt.co.uk:9555
stratum+tcp://198.144.185.136:9555
stratum+tcp://singaporep2pool2.no-ip.info:9555
stratum+tcp://whatever.kn.vutbr.cz:9555

P2pool network 3:

stratum+tcp://p2p-asia.kilovolt.co.uk:9555
stratum+tcp://singaporep2pool3.no-ip.info:9555
stratum+tcp://p2pool3.coingiant.net:9555
stratum+tcp://109.24.254.169:9555

Non p2pool:

http://www.hashharder.com/scrypt-n/monocle%20merged
http://simplevert.com/
https://vert.composedchaos.net/
http://vertmerged.poolz.net

Mailing lists:

These lists will provide notifications for MON client updates, or mining pool software. If you are a p2pool node operator who wishes to add merged mining of MON to your node, please sign up to the pool operators list to receive pool specific notifications such as the merged mining backend, this list will also contain any alerts relating to updates of the MON daemon (so there is no need for node operators to sign up to both lists). Users who do not wish to receive information about the pool-side software, but just alerts relating to MON client updates should sign up to the users/miners list.

Pool operators: http://eepurl.com/TsPOr

Users/Miners: http://eepurl.com/TsP8H

Wallets:

Release binaries: https://github.com/erkmos/monocle/releases (Windows, Mac OS X, Linux portable binaries)

Github: https://github.com/erkmos/monocle/

If you have the pre-release passworded wallets or source, the password is WknYbiAWZ4EA66ggUhSaj3HE7cee but the same files are now available unencrypted from the above links.


Specifications:

Premine: Zero

Algorithm: Scrypt-N, merge-mineable on the VTC chain

Block time: 2 minutes

Retarget: Every 12 blocks using BRNDF. Starting difficulty 2.0

Block reward: 25 MON per block, then decreasing by approximately 3% every 10080 blocks (2 weeks). First 1000 blocks ramp up gradually from 1 MON to full block reward. After block 1,468,415 (approximately 5 years and 7 months) only fees will be mined.

Total circulation: 8.4 million MON

TX fees: No free transactions, 0.01 MON base TX fee

Ports: Mainnet RPC port 6888, mainnet P2P blockchain sync port 6889. Testnet RPC 16888 and p2p 16889.


IRC: Freenode #vertcoin



Distribution over 5.6 years (after which time only fees are mined):





Initial distribution:




P2POOL NODE OPERATORS:

The HOWTO at https://github.com/erkmos/proxypool/blob/master/HOWTO has now been sent to the node operators mailing list. All the necessary software and instructions to add MON are in that repo. Please open TCP port 6889 for inbound connections in your firewall so you are operating as a full node.

MINERS:


Running your own node on the Vertcoin p2pool network is the optimal way to mine, with zero fees and the maximum possible payouts. To make the process easy and painless I have created a preconfigured p2pool node in a box, with simple howto and triple merge mining of VTC+MON+PLX: https://github.com/Paul-Bradley/EasyNode

General p2pool info: http://www.reddit.com/r/vertcoin/comments/22hved/vertcoin_p2pool_faq/ and http://www.reddit.com/r/vertcoin/comments/21r4y8/vertcoin_p2pool_quick_start_guide/

To mine MON, you will need to use the existing VTC mining software you use now, but you will need to mine on one of the p2pool nodes which adds MON merged mining (they will be added to this post over the next few days) and you will need to change your miner configuration to add your MON address once the wallet is released. You will use your VTC address as username and your MON address as password when connecting;

eg. vertminer.exe -o "NODE-ADDRESS:9555" -u "VTC-ADDRESS" -p "MON-ADDRESS" --the-rest-of-your-settings

If you already mine at a node that decides to add MON, you'll need to change the TCP port you connect to the node on, to the new port for both VTC and MON (9555 as specified in the example above), and add your MON address as password.

Note that the optimal way to mine both VTC and MON (with no fees, and maximum payouts due to reduced latency) is to run your own p2pool node on your LAN, possibly even in a VM or on your own desktop computer. The main p2pool software is at https://github.com/donSchoe/p2pool-n - if you install and configure that for VTC, all you need to do to add MON at release is add the monocle daemon to the machine, and run p2pool with the --merged option, eg. python run_p2pool.py --net vertcoin -f 0 --give-author 0 --no-bugreport --merged http://MON-RPCUser:[email protected]:6888 - you'd then be mining VTC in the normal way (with payouts in the generation transaction, fully distributed on p2pool) and solomining MON into the Monocle wallet on the p2pool server. It is HIGHLY RECOMMENDED to run this configuration.