Topic: [ANN] Woodcoin [LOG] Pure Skein POW, Logarithmic Release, No Premine nor ICO - page 41. (Read 126275 times)

Thanks for your quick response EmpoEX team!

With the new release I believe it is better to be cautious than to wind up with orphaned TXs especially on an exchange.  I am confident the new release will propagate relatively quickly and peoples issues with Woodcoin will stabilize shortly. 

Keep up the good work there and I am looking forward to see us earn our spot on your exchange again soon. 

We have disabled LOG markets until situation gets clear.

OP sent us a message to disable it, so we did.
Thanks for letting us know.

EmpoEX Team

You mean pre-lopped lol

Who WOOD have thought this had premine...

dude... you mined too many blocks before posting an ANN...

Sorry I'm only mining orphans, something is wrong with the code, i have no idea what as the wallet is also not giving out any kind of error etc. Pool will stay closed therefore.

ouch
so many blocks premined..
anyway it was fun to chop and i have found a few logs with my laptop
good luck  

Suprnova's WoodCoin Pool // Algo: DoubleSkein // OFFLINE !

I just updated curl with Macports and then I could make it but now can't connect to pool:

Stratum connection failed: Failed to connect to wood.suprnova.cc port 1158: Connection refused

./minerd -a skein -t 6 -s 4 -o stratum+tcp://wood.suprnova.cc:1158 -u Weblogin.WorkerName -p WorkerPassword

woodcoin https://bitcointalksearch.org/topic/ann-woodcoin-log-pure-skein-pow-logarithmic-release-no-premine-nor-ico-831003

This coin is based on a VERY old version of bitcoin/litecoin that is somewhat unfamiliar to me. I must stress that my reviews are never 100% thorough, and I may be wrong about some things or miss something.

Heritage: ancient "foocoin" wallet template(https://github.com/razorlove-legacy/foocoin) which is from "barcoin" "Cryptocurrency that under no circumstances anyone should ever use, ever. Kthx, die."
smallchange (https://bitcointalksearch.org/topic/smallchange-research-only-litecoin-based-15-seconds-blocks-update-now-182430) "should by no means be used as a real cryptocurrency", litecoin 0.6ish


Problems:

* UNKNOWN: This uses the prime256v1 ECDSA encryption algorithm. This is known not to be a [safe curve](http://safecurves.cr.yp.to/), and the general opinion on the internet of this is that it is weak.
** I'm not a cryptographer, so I'm mostly going by what I see online. All coins use public key hashes (rather than just public keys) to safeguard against an encryption algorithm weakness also.
** also known as "NIST P-256"
* MAJOR: 304 blocks were premined and undisclosed
** Total coins premined: 1115320.21010626. Total coins minted over ~90 days:  6478991.3132145. Making premine about 17% of what the network mints in 90 days
** For reference, the early blocks have the most value, and block rewards go down with each block
* MODERATE: Intense floating point operations are used in protocol critical code. This may mean the network could fork off with non-x86 or even unusual models of x86 processors or compilers
* MINOR: alert key has not been changed from litecoin (or do alerts exist at all ugh), meaning network alerts can not be used

Notes:

As an aside, it's trivial to port a GPU miner to this coin. skein is part of X11 and so already has a GPU port, it just needs minor modifications

Chain will fork at block 15000 to adjust the difficulty algorithm. This is a leftover artifact from Smallchange

Watermarks: uint64, no alert.cpp, ancient

./configure: line 5626: syntax error near unexpected token `,'
./configure: line 5626: `LIBCURL_CHECK_CONFIG(, 7.15.2, ,'

LIBCURL_CHECK_CONFIG(, 7.15.2, ,
  [AC_MSG_ERROR([Missing required libcurl >= 7.15.2])])

in configure.ac

how to make cpu miner?

make: *** No targets specified and no makefile found.  Stop.

Was about to mine, got my hopes up...

Supernova pool down.

Will this be temporary? Looking forward to mining for a bit.

Guess I'll yolo and do solo for a bit.

I'm solo-mining right now with that CPU miner.  How can I tell if it's NOT working?  I had two blocks fairly quickly through the wallet, 30 minutes apart, showing about 800Kh/s.  Now I'm getting 850+Kh/s per thread with minerd, but how can I know if it's not working other than having it crunch away at nothing for a while?  Could really use a bit more feedback from our tools.

To Dev:  Thanks loads for finally being The One who puts out a coin with all the LIMITS I've been ranting about.  It's also good because I use a wood-burning stove to keep warm in these -40 winters.  BTW, how much Wood in a Log?  Need to know how much to mine for the winter.

So, out of curiosity, why did you fork from a coin template based on the ancient litecoin 0.6/smallchange/"foocoin"/"barcoin" ?

I would like to reduce price if people buy a bundle: 130000 LOG = 1BTC

WTS each 10000 LOG= 0.1 BTC

This coin looks fun. What's going on with it?

I wonder how many days it takes to "git pull" and "make".. 

I think this will continue until the majority upgrade to the latest version.