[ANN] Xenoncoin [XeC] | Multi-PoW | Launch in 15 Minutes | Bounties - page 6.

esotericizm

hero member

Activity: 750

Merit: 500

Quote from: ugethit1 on September 12, 2014, 05:31:48 PM

Quote from: esotericizm on September 12, 2014, 05:26:12 PM

Quote from: ugethit1 on September 12, 2014, 04:54:05 PM

I do have one question is it 30 second block timers? I see people talking about 2880 blocks a day that would mean it is 30 seconds per. Is that true dev?

LOL so you had your calculations off and you go around trolling the dev because you didn't understand block times. I could understand 50k still being quite large if it were only 576 blocks per day but atleast get your maths right before you go around trolling.

Umm no? I asked if it was 30 second block timers. I didn't make any kind of calculation on the premine VS. the # of days of mining.

C'mon bruh just admit you were trolling and had no idea what you were talking about.

Good luck on launch OP.

ugethit1

newbie

Activity: 42

Merit: 0

Quote from: esotericizm on September 12, 2014, 05:26:12 PM

Quote from: ugethit1 on September 12, 2014, 04:54:05 PM

I do have one question is it 30 second block timers? I see people talking about 2880 blocks a day that would mean it is 30 seconds per. Is that true dev?

LOL so you had your calculations off and you go around trolling the dev because you didn't understand block times. I could understand 50k still being quite large if it were only 576 blocks per day but atleast get your maths right before you go around trolling.

Umm no? I asked if it was 30 second block timers. I didn't make any kind of calculation on the premine VS. the # of days of mining.

Xenoncoin

newbie

Activity: 14

Merit: 0

Windows Wallet - https://mega.co.nz/#!qstXBCAR!wsllEWGkmp5LRJESyzpFkSs-Hoa6OWWuVeIYorTsBjo

Password will be provided at launch both at the very top of the OP and in a new post.

esotericizm

hero member

Activity: 750

Merit: 500

Quote from: ugethit1 on September 12, 2014, 04:54:05 PM

I do have one question is it 30 second block timers? I see people talking about 2880 blocks a day that would mean it is 30 seconds per. Is that true dev?

LOL so you had your calculations off and you go around trolling the dev because you didn't understand block times. I could understand 50k still being quite large if it were only 576 blocks per day but atleast get your maths right before you go around trolling.

Xenoncoin

newbie

Activity: 14

Merit: 0

Quote from: sony87 on September 12, 2014, 05:04:08 PM

RPC port ? Solo mining instructions ?

RPCPort: 16669 - ok found it, how do we switch wallet to different algo ?

RPCPort: 16669
P2Port: 16668

You edit xenoncoin.conf adding the line:
"algo=sha256d"

You can change algorithm by swapping out sha256d for one of the following:
sha256d
scrypt
skein
groestl
qubit

sony87

sr. member

Activity: 440

Merit: 250

Quote from: baby222 on September 12, 2014, 05:11:32 PM

Quote from: sony87 on September 12, 2014, 05:04:08 PM

RPC port ? Solo mining instructions ?

RPCPort: 16669 - ok found it, how do we switch wallet to different algo ?

maybe something wrong?

Nothing wrong, i suppose switching is like DGB where all this clone come from:

Quote

MultiAlgo Options

Once multi-algo mining kicks in you need one of these settings in your .conf to solo mine whichever algo you choose:
Code:

Quote

algo=scrypt
algo=sha256d
algo=groestl
algo=qubit
algo=skein

baby222

hero member

Activity: 1008

Merit: 501

Quote from: sony87 on September 12, 2014, 05:04:08 PM

RPC port ? Solo mining instructions ?

RPCPort: 16669 - ok found it, how do we switch wallet to different algo ?

maybe something wrong?

sony87

sr. member

Activity: 440

Merit: 250

RPC port ? Solo mining instructions ?

RPCPort: 16669 - ok found it, how do we switch wallet to different algo ?

Xenoncoin

newbie

Activity: 14

Merit: 0

Quote from: ugethit1 on September 12, 2014, 04:54:05 PM

I do have one question is it 30 second block timers? I see people talking about 2880 blocks a day that would mean it is 30seconds per. Is that true dev?

I'll quote the following as it does a good job of explaining in simple terms what's going on behind the scenes in regards to block generation

Quote

The five algorithms include SHA256D used by Bitcoin, Scrypt used by Litecoin (and the majority of altcoins) as well as Skein and Groestl which are generally GPU mined and Qubit designed for CPU mining. Here is an explanation of how it all works taken from the announcement thread:

Each proof of work algorithm has its own independent difficulty.
Any algorithm can find the next block.
All the algorithms use the same difficulty adjustment method.
On average, each algorithm has the same chance of finding the next block.
Each algorithm aims for a block generation time of 2.5 minutes.
Over the five algorithms, a block should be found on average every 30 seconds.

The multi algorithm approach taken by the Myriadcoin team helps to encourage even distribution. For example imagine four miners. Two with $10,000 scrypt ASICs and two with GPUs mining using the skein algorithm. The GPU miners will solve as many blocks as the Scrypt ASICs since each algorithm has the same chance of solving the next block.

So yes it *should* even out to about 30 second block times or 2880 blocks per day if we get miners on all 5 algorithms.

ugethit1

newbie

Activity: 42

Merit: 0

I do have one question is it 30 second block timers? I see people talking about 2880 blocks a day that would mean it is 30 seconds per. Is that true dev?

Xenoncoin

newbie

Activity: 14

Merit: 0

I've contacted the pool owners letting them know of the launch and hopefully they will be around to get those pools up! Worst case scenario is that we host a Groestl and SHA pool with no fee's ourselves.

ugethit1

newbie

Activity: 42

Merit: 0

Since the dev posted he was taking 50,000 coins for his premine in his OP I won't be posting on this thread trying to warn people. Anyone who mines this I wish you luck. Personal I don't think it will cover the electricity cost so passing on this one.

esotericizm

hero member

Activity: 750

Merit: 500

Quote from: andrepierre on September 12, 2014, 04:26:11 PM

Pitty of the huge premine, Huh

Lol I dont understand whats going on here. 2 Posts above you dev claims to have reduced premine to 50k which is 0.05% thats sweet fuck all compared to alot of coins. Hopefully the dev makes the premine address public early on.

The premine is not "Huge". Following the coins specs we get the following

20 (block reward) * 2880 (blocks per day if same specs as myr) = 57600
So a premine of 50000 is under a days worth of blocks. If dev is giving out 2 * 1000 bounties per algo per pool thats 20% from that premine gone already just for the pool owners. I would suggest even lowering that bounty by half per pool.

andrepierre

hero member

Activity: 714

Merit: 500

Pitty of the huge premine, Huh

Russell1

full member

Activity: 140

Merit: 100

Thanks for the pools

Xenoncoin

newbie

Activity: 14

Merit: 0

Quote from: inspirone1 on September 12, 2014, 02:56:20 PM

Are there going to be any pools for launch and when exactly is launch.

Added a couple of Scrypt and SHA pools. Bounties available for any operator wishing to setup a pool for Skein, Groestl and Qubit. 1000XeC for the first 2 pools for each of the remaining algorithms.

Launch is 2 Hours from now.

The genesis block has been reset and Windows QT will be available in the form of a password protected zip file 30 minutes prior to launch. I've revised the Premine and its now 50,000 down from 500,000.

Still looking for some more translations with a bounty of 500XeC.
I've been PM'd by a user looking to make an Android wallet and he claims it should be ready in a couple of days.

Russell1

full member

Activity: 140

Merit: 100

22:00GMT

Russell1

full member

Activity: 140

Merit: 100

10gmt

inspirone1

full member

Activity: 327

Merit: 100

Open and Transparent Science Powered By Blockchain

Are there going to be any pools for launch and when exactly is launch.

Mr.Silver

full member

Activity: 140

Merit: 100

Quote from: jelt14 on September 11, 2014, 06:27:21 PM

New Coin with 0 chances by 3-4 members already whats the changes and what can you Promise and how

and why we should mining your coin? for what?

Topic: [ANN] Xenoncoin [XeC] | Multi-PoW | Launch in 15 Minutes | Bounties - page 6. (Read 16500 times)