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Topic: [ANN][BNT] Bitnote Relaunching Today - X11 PoW/PoS (Read 7487 times)

newbie
Activity: 24
Merit: 0
res for ipool
newbie
Activity: 126
Merit: 0
hi guys any post this april,looks abandoned this project,what happen to the team,hope you update us
full member
Activity: 518
Merit: 100
My sincerest apologies for removing posts. In all honesty it was a moment of stupidity and should not have been done.

The release has been plagued by non-stop attacks to spike the difficulty up which causes the blockchain to hang completely. The native retarget for each block just isn't effective. I am working on a solution to fix the issue but it's causing all kinds of compilation errors so can't be released until it works.



I asked a question and was met with a deleted post message.  What happens to our old BitNotes?  Is everything we mined in the past invalid now?  Will there be a way to exchange old for new?  If not why should I mine this coin at all?  Plus now the DIFF is at .7 with no one mining, what is the retarget rate?

I would also like to know what happens with the previous investors of Bitnote
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
My sincerest apologies for removing posts. In all honesty it was a moment of stupidity and should not have been done.

The release has been plagued by non-stop attacks to spike the difficulty up which causes the blockchain to hang completely. The native retarget for each block just isn't effective. I am working on a solution to fix the issue but it's causing all kinds of compilation errors so can't be released until it works.



I asked a question and was met with a deleted post message.  What happens to our old BitNotes?  Is everything we mined in the past invalid now?  Will there be a way to exchange old for new?  If not why should I mine this coin at all?  Plus now the DIFF is at .7 with no one mining, what is the retarget rate?
member
Activity: 66
Merit: 10
Weird, i have just Removed node in .conf, it made me sync.  Lips sealed With node no sync.

Stacking while wallet isn't sync, bug ?

I've tried what you suggested and it syncs here with or without nodes added to .conf.

It looks it's not syncing at times because blocks aren't been found often enough due to the difficulty being 7 and hashrate is pretty low at present, so the network is stuck on blocks for a while. Looks like it may be back to the drawing board for the difficulty calculation.
full member
Activity: 151
Merit: 100
Weird, i have just Removed node in .conf, it made me sync.  Lips sealed With node no sync.

Stacking while wallet isn't sync, bug ?
member
Activity: 66
Merit: 10
Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.

have you guys f@cked up who mined bitnote despite high premine.
https://bitcointalksearch.org/topic/annbnt-bitnote-is-launching-420341

I was still mining even after I found out it was pre-mined, wonder to disclose what is wrong with that?

Bitnote was relaunched with a completely new blockchain and a 0.05% premine. The old blockchain and thread is obsolete now.

On the first post it states 50000 premine and max mineable coins is 10000000, that's 0.5% not 0.05%.

Right let's set this straight. The Scrypt blockchain was abandoned only when nobody was mining it at all. Not a single miner touched that chain for weeks.

I was conscientious of people who had mined the Scrypt blockchain and kept it running for almost 6 months because of other people's interests. In February, I stated to the people who were community co-devs as well as being miners, that the premine was too high and that it would be much better to start afresh but they wouldn't accept this, so it continued as before and until it was effectively dead. Relaunching was not a decision that was taken lightly but there was no other option available and it will not be done again.

If you were a miner wasted electricity in the process, then I'm genuinely sorry for this but the indications were clear from the very start that it would not have been successful or widely adopted. It was pointless even trying to market it and if it's of any consolation, I wasted a lot of money too on maintaining nodes, not to mention bounties where BNT was not wanted, but the biggest investment was an absolutely ridiculous amount of time keeping things going.

Coin swaps would have resulted in another large premine which would defeat the whole object of doing a relaunch to resolve issues that were prevalent from the original launch.

The ANN shows the percentage as a decimal value and how much was premined. I'll update this for you and make it more clear that it was only 50,000 out of 10 million coins.



newbie
Activity: 3
Merit: 0
Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.

have you guys f@cked up who mined bitnote despite high premine.
https://bitcointalksearch.org/topic/annbnt-bitnote-is-launching-420341

I was still mining even after I found out it was pre-mined, wonder to disclose what is wrong with that?

Bitnote was relaunched with a completely new blockchain and a 0.05% premine. The old blockchain and thread is obsolete now.

On the first post it states 50000 premine and max mineable coins is 10000000, that's 0.5% not 0.05%.
newbie
Activity: 3
Merit: 0
Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.




have you guys f@cked up who mined bitnote despite high premine.
https://bitcointalksearch.org/topic/annbnt-bitnote-is-launching-420341

I was still mining even after I found out it was pre-mined, wonder to disclose what is wrong with that?

I also mined bitnote scrypt for quite a while. Be careful where you invest your mining resources guys, if this fellow can abandon the previous scrypt blockchain, what's to stop him from abandoning the x11 blockchain for another algo.
member
Activity: 66
Merit: 10
Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.

have you guys f@cked up who mined bitnote despite high premine.
https://bitcointalksearch.org/topic/annbnt-bitnote-is-launching-420341

I was still mining even after I found out it was pre-mined, wonder to disclose what is wrong with that?

Bitnote was relaunched with a completely new blockchain and a 0.05% premine. The old blockchain and thread is obsolete now.
sr. member
Activity: 473
Merit: 250
"Proof-of-Asset Protocol"
Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.




have you guys f@cked up who mined bitnote despite high premine.
https://bitcointalksearch.org/topic/annbnt-bitnote-is-launching-420341

I was still mining even after I found out it was pre-mined, wonder to disclose what is wrong with that?
newbie
Activity: 20
Merit: 0
Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.




OK. I got it.
member
Activity: 66
Merit: 10
Just wondering if the problem is still there if you could try deleting the blockchain from your server and recompile the daemon to see if picks up the right chain.

The nodes are currently showing to be on the same block as your pool though.


member
Activity: 84
Merit: 10
The pool: http://bnt.777pool.com/
is ready and open for mining!

1% pool fee.


Seems like bitnote have another big problem!
Since block 1959 the pool http://bnt.777pool.com and the wallet are in different blocks.


Looks like someone is back doing attacks and there could be a blockchain fork if different amounts are being displayed. The seed nodes are working and it should settle back to right chain at some point in the near future.

If for any reason your nodes aren't being picked up, try addnode=95.85.37.201 and addnode=188.226.180.208.

addnode=95.85.37.201 and addnode=188.226.180.208
Didn't solve the wrong blocks problem!!!
member
Activity: 66
Merit: 10
The pool: http://bnt.777pool.com/
is ready and open for mining!

1% pool fee.


Seems like bitnote have another big problem!
Since block 1959 the pool http://bnt.777pool.com and the wallet are in different blocks.


Looks like someone is back doing attacks and there could be a blockchain fork if different amounts are being displayed. The seed nodes are working and it should settle back to right chain at some point in the near future.

If for any reason your nodes aren't being picked up, try addnode=95.85.37.201 and addnode=188.226.180.208.
newbie
Activity: 20
Merit: 0
need node!!!! Huh Huh Huh Huh
member
Activity: 84
Merit: 10
The pool: http://bnt.777pool.com/
is ready and open for mining!

1% pool fee.


Seems like bitnote have another big problem!
Since block 1959 the pool http://bnt.777pool.com and the wallet are in different blocks.
full member
Activity: 151
Merit: 100
Diff retargetting still bugged imo  Sad ?

Dunno how but since Hardfork all is working well.
member
Activity: 66
Merit: 10
Hard fork has been released.

The subsidy rates have been increased and are very generous for early miners plus the PoS interest rate is absolutely colossal!!!
newbie
Activity: 20
Merit: 0
nice coin.but 100 confirms for mining,not 90
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