Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine - page 56. (Read 578569 times)

I have quite a different experience. Twice I've put xcn on a computer and sent coins as it was installing and updating.

Both times the download of the full blockchain was about 10 minutes and processing it another 10 minutes or so and both times the coins arrived as fast as it updated.

I'm in Hawaii and using a mobile hotspot so the vast majority of people probably have a much faster download even.

There is no question the miniblockchain or some variation will be the norm soon.

Haven't check that site out before. I quite like it and the way you have all the metrics broken down.
Not sure it would make a bit jump in ranking, but it make me think that a Cryptonite Facebook page might boost visibility.

Great news!
Thanks for this.

Hi guys, my name is Bobby and I'm the co-founder of CoinGecko.

We recently added Cryptonite to our ranking website. Here's the coin info page of Cryptonite.
The addition also means that you can now check Cryptonite prices here. (You may select different fiat currency and timeframe too)
We also have price ticker widget of Cryptonite that can be embedded on your website/blog.

Let us know what you think of this addition. Feel free to PM me with your thoughts. Thank you!

Ok I have finally finished a job I was doing for a client, so now I should have much more time to work on Cryptonite stuff. One good idea I have is to add XCN support to my BitShop script so that all existing shops using my script can sell products for XCN. I will ask an altcoin payment gateway such as coinpayments.net to accept XCN and in return I will add support for their gateway to BitShop, which will bring them a lot of new users. That way I can create a fairly good marketplace around XCN quite quickly.

But the question I have is how does it store that data in the blockchain? I'm guessing it must use normal tx's which use scripts, which clearly cannot work with Cryptonite. If it's just storing extra arbitrary data in the blockchain then it may be possible. We have a message field attached to all transactions so we may be able to use that, but I believe the length of the message field is limited to 64 characters so the AT programs would be limited in length.

EDIT: just did some brief reading on AT and it seems to me like it would require rather large changes and extensions to our protocol. It would also require extra data related to the execution states of AT's to be stored in each block and it's highly problematic to prune old AT data. It seems like a fairly complicated and bulky system which would hurt the ultra scalable system that we have now.

Yes, "a virtual machine that can read and write data to the blockchain of which it is connected" is pretty simple. 

It's magic.   

AT specifies a virtual machine that can read and write data to the blockchain of which it is connected.  It's pretty simple conceptually.

This stuff is largely over my head, but I think the point of AT is to create the glue that can bind the features of XCN to script-capable coins like XCH.

@chompyZ: the following quote is not quite true. I don't know exactly how the AT stuff works, but I highly doubt it's compatible with the mini-blockchain system because we don't have any scripting capabilities, let alone Turing complete scripting.

TYVM for the link.  This looks very interesting, like SuperNet and XC's Blocknet/XBridge, but without all their disconcerting Ponziesque shuck and jive.

Now we may combine the smart contract services available in Clearinghouse (XCH) with the zero confirmation abilities of XCN to create killer Holy Grail applications like decentralized, trustless online casinos/poker tournaments and prediction markets!

XCH might not even be required, if this AT example is applicable:

http://ciyam.org/at/at_lottery.html

Just a pointer to something that on the surface seems very interesting.
Would love to hear your thoughts.

https://bitcointalksearch.org/topic/why-blockchains-might-want-to-consider-using-at-turing-complete-txs-822100

the features are very good, so all we need is an experienced promoter for this coin. XCN looks so nice with the mini-blockchain, it would even work perfectly on a mobile device because of that.

xcn wins every time! this coin is the only reason i haven't sold my gpu's.

Well in that case there isn't much difference between what they need to do. If you wait like a few weeks then Cryptonite should definitely win, because Cryptonite will only attempt to download the last 10k blocks, but Bitcoin will attempt to download every block it has missed. Bitcoin may have been faster in your test simply because there are more bitcoin seed nodes or because Cryptonite lost a few minutes downloading the trie.

EDIT: actually it's also very important to remember that Cryptonite has a block rate of 1 per minute where as Bitcoin is 1 every 10 minutes, and that's probably why Bitcoin won in your test, because there were less blocks to download. But like I said Cryptonite will still win if you wait a few weeks and run the same test because Cryptonite only needs to download the last 10k blocks regardless of how long you stay offline.

Why? There are thousands of full BTC nodes.

My XCN wallet syncs up very fast though

I let my Bitcoin wallet and Cryptonite wallet get out of sync by eight days. I then started them both at the same time to see which would finish syncing first.
I was expecting Bitcoin to lose badly.
Bitcoin won by six minutes. 

semi-related, the icon in the windows 7 tray notification area icons (Control Panel\All Control Panel Items\Notification Area Icons) says "Bitcoin Core (OSS GUI for Bitcoin)"

Was promoting Cryptonite in an Alt-coin forum I share with some friends the other day. Some interest though I got a fairly quick comment about the README.md file on the github page being just stock Bitcoin's.

Perhaps this is a small thing would could be fixed easily to convey more relevant information to newcomers and lend extra credibility as well.

I'm sure there are people better suited to this but I can have a go of it as I have more time.

Asia node for chinese users (many friends of mine cant sync):

Tweeted this -

https://twitter.com/Kolin_Quark/status/522714382812196864

- I think you left out a key opportunity to educate the interviewer around the economics and how your m7 algo should inspire a better distribution due to a resistance against monopoly -

awesome educational pod cast

- also lol at interviewer saying "anon" is "popular" if you take into account a rigged market sure, this  freshly done dog turd is both popular and anon as well -

lets see a "Popular" Anon crypto that is distributed with a known , common CPoW algo - ha ha.  

this market is very "talking candy from baby" like, sometimes.