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Topic: [ANN][DCN] Deepcoin secure hashing (CPU/GPU) New algo/ No premine/ No IPO/ PoW - page 94. (Read 182607 times)

hero member
Activity: 574
Merit: 500
will you have any give aways?

No premine. What giveaways lol?

Wallet syncs but need more nodes.
hero member
Activity: 617
Merit: 531
The subsidy halving in the code above is as the first post says. The 43,200 period is one month as HiroS has noted and the gap between halving grows by one month a time between halvings. The total coin supply will be produced in a relatively short period of five and a half years after which the block times double to increase the number of transaction fees included for miners. This is going to be an interesting one to watch. I was commissioned to do the work for this coin and I have been happy to do so as there is no instamine or premine. I have now handed the coin over but will be available for ongoing support.

I would have expected a bit more fanfare for the launch but I guess the guys were very keen to get the coin up and running first Smiley

Something that has not been mentioned is that the time warp manipulability has been reduced and that the blockchain is protected by automatic checkpointing.
full member
Activity: 140
Merit: 100
Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 512 * COIN;
    int halvingInterval = 43200;
    int halvingGap = 86400; // Num of blocks between 1st and second halving

    while (nHeight > halvingInterval) {
        nSubsidy /= 2;
        halvingInterval += halvingGap;
        halvingGap += 43200; // Next halving height gap is 43,200 blocks more than the last
    }

    return nSubsidy + nFees;
}

Umm...

What is that means?

They told you in the first post Tongue

First subsidy halves at 43,200, subsidy halving gap will then be 86,400, after which the gap grows by 43,200

As this coin is 1 minute a block then 43,200 is basically 1 month so they halve after a month, but then they halve two months later, and then the gap increases by a month a time so the next halving is at three months and then four months later and so on. Interesting inflation model.
sr. member
Activity: 333
Merit: 250
what miner to use?

Sorry ,it is SPH-sgminer

https://bitcointalksearch.org/topic/ann-sph-sgminer-multi-coin-multi-algorithm-gpu-miner-added-marucoin-475795

my 290
sgminer -k qubitcoin -o http://192.168.1.104:10086 -u user -p password -I 21


sgminer 4.1.0-103-g00015 - Started: [2013-01-07 12:04:49]
-------------------------------------------------------------------------
(5s):16.62M (avg):16.79Mh/s | A:2361  R:1154  HW:0  WU:62.047/m
ST: 4  SS: 0  NB: 142  LW: 0  GF: 0  RF: 0
Connected to Pool 0 (longpoll) diff 1.19K as user user
Block: 2dfa1956...  Diff:1.19K  Started: [13:58:41]  Best share: 2.56K
-------------------------------------------------------------------------
[P]ool management [G]PU management ettings [D]isplay options [Q]uit
 GPU 0:  59.0C 5155RPM | 5.599M/5.598Mh/s | R:  0.0% HW:0 WU:17.882/m I:2
 GPU 1:  73.0C 5942RPM | 5.599M/5.598Mh/s | R: 68.1% HW:0 WU:28.254/m I:2
 GPU 2:  74.0C 5711RPM | 5.571M/5.598Mh/s | R:  0.0% HW:0 WU:15.911/m I:2
-------------------------------------------------------------------------
[13:55:03] Network diff set to 1.14K
[13:55:03] New block detected on network
[13:55:28] Network diff set to 1.17K
[13:55:28] New block detected on network
[13:56:59] Network diff set to 1.14K
[13:56:59] New block detected on network
[13:57:32] Network diff set to 1.17K
[13:57:32] New block detected on network
[13:57:38] Network diff set to 1.19K
[13:57:38] New block detected on network
[13:58:41] Network diff set to 1.19K
[13:58:41] New block detected on network
sr. member
Activity: 442
Merit: 250
Seems to be working. And what's the surprise! Unlike new trendies not a POS/IPO or POW/POS, just a pure old school POW coin!
Good, let's try it out. Smiley
hero member
Activity: 658
Merit: 534
full member
Activity: 126
Merit: 100
BTMan
good coin~~

New coin finder

QQ Group:229207518
hero member
Activity: 574
Merit: 500
Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 512 * COIN;
    int halvingInterval = 43200;
    int halvingGap = 86400; // Num of blocks between 1st and second halving

    while (nHeight > halvingInterval) {
        nSubsidy /= 2;
        halvingInterval += halvingGap;
        halvingGap += 43200; // Next halving height gap is 43,200 blocks more than the last
    }

    return nSubsidy + nFees;
}

Umm...

What is that means?
sr. member
Activity: 364
Merit: 250
I'm really quite sane!
Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 512 * COIN;
    int halvingInterval = 43200;
    int halvingGap = 86400; // Num of blocks between 1st and second halving

    while (nHeight > halvingInterval) {
        nSubsidy /= 2;
        halvingInterval += halvingGap;
        halvingGap += 43200; // Next halving height gap is 43,200 blocks more than the last
    }

    return nSubsidy + nFees;
}

Umm...
hero member
Activity: 574
Merit: 500
{
"blocks" : 19,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.04741018,
"errors" : "",
"generate" : false,
"genproclimit" : 4,
"hashespersec" : 0,
"networkhashps" : 31220,
"pooledtx" : 0,
"testnet" : false
}
hero member
Activity: 594
Merit: 500
full member
Activity: 625
Merit: 100
newbie
Activity: 45
Merit: 0


DEEPCoin (DCN) is an intuitive proof of work coin that takes proven technology and software and brings new and exciting functionality to benefit the end-user. Featuring our signature DEEPHash algorithm--comprised of Luffa512, CubeHash512 and Echo512—mining DCN yields a much higher hash rate, several times higher than the previous algorithm at a lower TDP. We are committed to creating a unique coin for people to use and position ourselves with an energy efficient hashing solution that will not readily be picked up by ASIC miners.

  • 3 rounds of hashing (luffa, cubehash, echo)
  • 1 minute block targets
  • Block reward starts at 512 coins a block
  • First subsidy halves after one month subsidy halving gap will then be two more months, after which the gap grows by one month more a time
  • Maximum coins: 99,000,000
  • Hardened Nite's Gravity Well running from start to manage block target and rule out any instamine
  • Lowest possible difficulty raised much higher to 1/2^6 from the very low default Scrypt based limit of 1/2^12
  • Blockchain protected by automated checkpointing
  • Client port 22871 for testnet 32871
  • RPC port 22872 for testnet 32872

Sample CONF File
Code:
rpcuser=user
rpcpassword=pass
rpcallowip=*.*.*.*
rpcthreads=*
port=22871
rpcport=22872
server=1


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