[ANN] [SETT] Scrypt [PoW/PoS] ONLY SOLO MINING = CPU/GPU & Wallet Staking - page 2.

beardedqball

newbie

Activity: 14

Merit: 0

With the algorithm being x11 it is based off older algorithm, to help bring back some use to older x11 ASIC miners. Also, allowing for CPU mining. As far as gpu, I wasn't very successful on that front hah.

Also, on a side note. I am ABSOLUTELY FINE with it taking time to launch lol. As I stated before it is just me, so I can only do but so much at a time. Aside from that, at least I will be able to keep up with a slow launch too. At least then, I would see how the chain handles everything too lol. Hell for all I know, the chain could magically break and split off into wonderland.

ShllFT

jr. member

Activity: 117

Merit: 1

I understand, may i suggest a few ideas.

If you make it open source now, you could activate the testnet only, and mention that the project isn't ready yet.

Even though you'd put it on mainnet (which you would not, since tesnet official announced is a better idea) you could still fork it to start over (but once again that's a bad idea in that case)

But the best would be, since you want to avoid mining pools, to edit the code directly to make it solo mining on the wallet directly. Such as: asic resistant + mining pools resistant

Because if you want to one day launch it officially, you will have no other choices than giving the source code, or people might be too scared of mining it and so then the best way to avoid the pools like mentioned above is just to edit the code to make it resistant to it, instead of avoiding people of seeing the code.

Maybe i'm wrong and people will still mine it, but for the better situation and success of the project, it is for the best for having it open source.

beardedqball

newbie

Activity: 14

Merit: 0

Quote from: ShllFT on December 08, 2020, 08:31:52 AM

Oh ok, it is for you too, i'd suggest thinking about it, a crypto project without open source code and with a lot of red flags on the virus detection, not letting people be able to compile the wallet themselves or to verify the code themselves too, it's no good for the project.

Only trying to help, no fud intented

No by all means. everyone is entitled to their own opinion. As stated now that I have edited it. The miner was what was causing the flags. If you want to test the windows wallet without the miner, you will see that it is in fact clean.

At the current time, I just prefer not to have things open. That DOESN'T mean that they won't be. As stated, this is testing the chain to begin with.

Last thing.... how am I supposed to KEEP IT solo mining... if I release the source? lol that just opens up the door for pools btw. Which is the one thing I want to avoid right now.

ShllFT

jr. member

Activity: 117

Merit: 1

Oh ok, it is for you too, i'd suggest thinking about it, a crypto project without open source code and with a lot of red flags on the virus detection, not letting people be able to compile the wallet themselves or to verify the code themselves too, it's no good for the project.

Only trying to help, no fud intented

beardedqball

newbie

Activity: 14

Merit: 0

Currently I will not move to open source as of yet. If that leaves people to choose not to mine it. That is ENTIRELY their decision.

ShllFT

jr. member

Activity: 117

Merit: 1

Hi,

I think nobody would mine it without having the code open source. Shocked

Can you provide it please? ty

beardedqball

newbie

Activity: 14

Merit: 0

I mean miners are miners. If you don't feel safe with the miner I can provide one without a minor in it. In fact, lemme go ahead and just do that too for those who have their own miners.

olkah

hero member

Activity: 1484

Merit: 505

https://www.virustotal.com/gui/file-analysis/YmMzYzA3NDY5ZGJhYjkzYjZhYjBjOGYzMmQ4OGY1ZTg6MTYwNzQzMTQyOA==/detection

beardedqball

newbie

Activity: 14

Merit: 0

This is an experimental chain I am working with, and have decided to release a test of the chain itself.

(The Wallet itself scanned)
https://www.virustotal.com/gui/file/e6172fd75d5c13c2aab8b3fbbc8bb4b6660e82a4a0f9415ac276b4dd30106c1c/detection
(false positive but feel free to research)

http://www.mediafire.com/file/g93gjiopf5ux7u7/Sethios_Phase_1.0_%2528no_miner_included%2529.rar/file (windows wallet + text documents = NO MINER)
https://www.virustotal.com/gui/file/b0f80eb4aaf408eb8d67f4461d3a3df65314f0d3e58061241bcb858d4b976d0c/detection

http://www.mediafire.com/file/w7bwqe1vkec96xq/sethios-qt-linux.tar.gz/file (linux wallet NO MINER NO DOCUMENTS)
https://www.virustotal.com/gui/file/35a6e10a2e0d35944c7b607d99eec2cad186a6876cac3dcfccfb46dc4ff71249/detection
(do your own research on results, linux doesn't like me lol)

Included in the 9mb package is 3 text files, instructions, and of course the wallet.

The 3 text files are an instructions note, information note, and of course a readme. I would advise to read the readme first.

(Again, be gentle lol. I'm a one man show here alright? lol)

For those who are curious:

Last PoW block         :   block 1,000,000
Min. stake age         :   2 hours
Max. stake age         :   Unlimited
Coinbase maturity      :   20 blocks
Target spacing         :   1 minute
Target timespan         :   1 minute
Transaction confirmations   :   6 blocks
Algorithm          : Scrypt
Block type          : Proof-of-Work/Proof-of-Stake
Coin name          : Sethios
Coin abbreviation      :   SETT
Address letter         :   S
Block reward         :   25 coins
Block reward (PoS)      :   3 coins
Coin supply         :   25000000 coins

Topic: [ANN] [SETT] Scrypt [PoW/PoS] ONLY SOLO MINING = CPU/GPU & Wallet Staking - page 2. (Read 441 times)