Topic: [ANN][CDC] CLOUDCOIN REVIVAL. PoW/PoS. ** LATEST MARCH 2015 OPENSSL FIX ** - page 19. (Read 41365 times)

It's a relaunch. The dev abandoned the coin and the network stalled due to a bug. I have revived it.

Is this the official launch? Looks like this was launched before.

github?

Update to v1.2 or later is recommended as a precaution, as this is compiled using OpenSSL 1.0.1g. Earlier versions of OpenSSL are vulnerable to the "Heartbleed" exploit. See below for download link.


First launched in July 2013, became sick due to a bug in January 2014, now revived in April 2014! The original dev has abandoned this coin so I have taken over to give it a new lease on life.

Original Specs:

- PoW+PoS hybrid
- 60 seconds per block
- Difficulty retargets every block
- PoW blocks:
  + 50 coins standard reward (1426 blocks/day)
  + bonus blocks of 4400 (1 block/day), 900 (3 blocks/day), 400 (10 blocks/day)
  + 1440 total PoW & PoS blocks per day

But things aren't so easy in the real world:

This coin is hard to mine. From the above specs, it sounds like there will be an average of (4400 x 1) + (900 x 3) + (400 x 10) + (50 x 1426) = 82400 CDC per day. But because this coin is so PoS heavy, it is actually a lot harder to mine. As well as PoS eating into the 1440 blocks per day allocation (a PoS block may only mint 0.01 or even 0.00) it also causes a lot of orphans. In one horrible day late last year almost every PoW block was orphaned; a total of about 250 CDC was minted over the entire 24 hours - less than 1% of the expected total!

So give this slightly unusual coin a try. Mining can be frustrating, but if you stick with it, you never know what could happen. Remember that big 4400 block is worth a whopping 88 standard blocks.

Please see below to ensure you are on the correct chain.

Where to download:

Download Cloudcoin v1.3.2 from Dropbox:

Windows GUI client: https://www.dropbox.com/s/x56jcuek6pye0r4/cloudcoin-qt.exe

Windows commandline daemon: https://www.dropbox.com/s/egp9vqnnrntj5t2/cloudcoind.exe

Source code: https://github.com/almightyruler/cloudcoin

Cloudcoin v1.1, v1.2 and v1.3.x are fully compatible with the files generated by the original v1.0/0.7.2 client. Just copy cloudcoin-qt.exe and/or cloudcoind.exe over the existing file.

How to ensure you are on the correct chain:

1. If you have never used CDC, installing and starting the new client will get you onto the correct chain.

2. If you have used CDC previously, but have not started the client since before January 2014, installing and starting the new client will get you onto the correct chain.

3. If you have used CDC more recently, and your block count is around 228xxx you will need to start over with the database. Install the new client, delete the following Cloudcoin files (blk0001.dat, blkindex.dat, and all of the database/ folder), then start the new client to sync onto the correct chain.

Warning: do not solo mine while your client is syncing! If your miner happens to find a block in the middle of a sync, you may start your own fork away from the main chain.

You should not need to use addnode= in cloudcoin.conf, but if you do run into syncing issues, the following peers are currently on the correct chain:



Block explorers:

https://www.cryptopia.co.nz/BlockExplorer?coin=CDC
http://www.almightycoins.org/explorer/cloudcoin


Pools:

http://mining.coreco.in/getting_started
http://cloudcoin.weminealtcoins.com/

Exchanges:

https://www.cryptopia.co.nz/Exchange?market=CDC_BTC  (other currencies such as LTC, DOGE, DOT etc also available)
https://bter.com/trade/cdc_btc

Happy mining!