The miner can easily be built using Mingw32 to create a Windows exe.
You`re wrong - github-repo doesn`t contain any makefile 
Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 143. (Read 450523 times)
February 27, 2017, 04:19:32 AM
February 27, 2017, 04:09:06 AM
We are almost there! Thanks and please keep up the amazing work, dev!
Yes, the project is progressing fast!
February 27, 2017, 01:10:38 AM
We are almost there! Thanks and please keep up the amazing work, dev!
February 27, 2017, 12:15:29 AM
Missed getting in on the crowd fund for this 
February 26, 2017, 11:40:24 PM
What exact role will a masternode play with XEL? What are the benefits of running a masternode?
Hmm the xel net will have master nodes?
Did you mean a super node? srry i just havent heard talk of master nodes on this net
February 26, 2017, 11:26:30 PM
What exact role will a masternode play with XEL? What are the benefits of running a masternode?
February 26, 2017, 09:58:22 PM
I am doing as fast as I can, but sometimes there is a point where you face so many expectations that you start working faster and faster - with a higher likelihood of errors and mistakes.
I have finished the core client, it now has:
- Supernodes, these are the nodes who sign off on works, pow packages and bounties. Anyone with 250000 XEL can become a supernode and help support the network. The 250000 XEL go into a secure deposit, and are given back when the supernode status times out and is not renewed. Unless ...
- Guardnodes, these are watchdogs that occasionally (with a very low probability) run plausibility checks on what supernodes do. If a supernode comfirms work solutions, which can be proven wrong, the supernode loses both its super node status and its deposit. So ... unless a bounty is higher than 250000 XEL, the supernodes have no incentives to behave maliciously. Nobody can become a guardnode unless he is hard coded into the client.
- Supernodes earn 10% of all bounties and POW rewards. I have initially set the reward to 10%, so there is a high incentive to run one of these. The exact value can be negotiated of course.
- Also, redeem transactions have now the exact timestamp of the corresponding BTC transaction in the BTC blockchain.
- All forfeited deposits (be it from malicious supernodes or from bounty haxx0rs - remember, blounty submissions need a deposit one block earlier) go to an account called the "DEPOSIT FORFEIT ACCOUNT". Not sure who should hold it and what happens with those funds ... but for now, it's there. Giving everything to the miners could be one option, but what if a bug causes a deposit to be taken by accident. Let's keep this on the radar.
There were many other little changes, the API is fully functional and has been extended by the features described above, and everything should work fine now. I say "should", I am not saying it is ... so we should do some more testing. But before we can do so, we need to get the supernodes up and running simply because of the very simple rule: no supernodes, no work!
I cannot finish them today though. I have been working 10 hours yesterday and around 11 hours today to get the core client ready. The faster I go the more superficial the coding process will become and the more testing you guys will have to do.
I have added numerous tests which test all kinds of reward, deposit and deposit forfeit scenarios! However, those tests do not test what has not been thought of. We need at least 1-2 days of heavy testing I would say.
... ah, and: everthing is in the Git.
I have finished the core client, it now has:
- Supernodes, these are the nodes who sign off on works, pow packages and bounties. Anyone with 250000 XEL can become a supernode and help support the network. The 250000 XEL go into a secure deposit, and are given back when the supernode status times out and is not renewed. Unless ...
- Guardnodes, these are watchdogs that occasionally (with a very low probability) run plausibility checks on what supernodes do. If a supernode comfirms work solutions, which can be proven wrong, the supernode loses both its super node status and its deposit. So ... unless a bounty is higher than 250000 XEL, the supernodes have no incentives to behave maliciously. Nobody can become a guardnode unless he is hard coded into the client.
- Supernodes earn 10% of all bounties and POW rewards. I have initially set the reward to 10%, so there is a high incentive to run one of these. The exact value can be negotiated of course.
- Also, redeem transactions have now the exact timestamp of the corresponding BTC transaction in the BTC blockchain.
- All forfeited deposits (be it from malicious supernodes or from bounty haxx0rs - remember, blounty submissions need a deposit one block earlier) go to an account called the "DEPOSIT FORFEIT ACCOUNT". Not sure who should hold it and what happens with those funds ... but for now, it's there. Giving everything to the miners could be one option, but what if a bug causes a deposit to be taken by accident. Let's keep this on the radar.
There were many other little changes, the API is fully functional and has been extended by the features described above, and everything should work fine now. I say "should", I am not saying it is ... so we should do some more testing. But before we can do so, we need to get the supernodes up and running simply because of the very simple rule: no supernodes, no work!
I cannot finish them today though. I have been working 10 hours yesterday and around 11 hours today to get the core client ready. The faster I go the more superficial the coding process will become and the more testing you guys will have to do.
I have added numerous tests which test all kinds of reward, deposit and deposit forfeit scenarios! However, those tests do not test what has not been thought of. We need at least 1-2 days of heavy testing I would say.
... ah, and: everthing is in the Git.
Hi EK,
Can update the test node to version 0.9.1 for convenient?
http://ec2-52-57-31-137.eu-central-1.compute.amazonaws.com:6876/index.html
February 26, 2017, 05:24:26 PM
This project is a real gem!
Thanks to everyone who is making this come to life with such an admirable conviction!
Please keep on the amazing work!
Thanks to everyone who is making this come to life with such an admirable conviction!
Please keep on the amazing work!
Only real product right now and very glad I invested.
February 26, 2017, 04:39:06 PM
This project is a real gem!
Thanks to everyone who is making this come to life with such an admirable conviction!
Please keep on the amazing work!
Thanks to everyone who is making this come to life with such an admirable conviction!
Please keep on the amazing work!
February 26, 2017, 04:38:25 PM
Awesome news EK. Keep it up.
February 26, 2017, 04:25:52 PM
Great work EK.
February 26, 2017, 03:37:52 PM
Thanks for the update EK. Almost there.
February 26, 2017, 03:34:21 PM
I am doing as fast as I can, but sometimes there is a point where you face so many expectations that you start working faster and faster - with a higher likelihood of errors and mistakes.
I have finished the core client, it now has:
- Supernodes, these are the nodes who sign off on works, pow packages and bounties. Anyone with 250000 XEL can become a supernode and help support the network. The 250000 XEL go into a secure deposit, and are given back when the supernode status times out and is not renewed. Unless ...
- Guardnodes, these are watchdogs that occasionally (with a very low probability) run plausibility checks on what supernodes do. If a supernode comfirms work solutions, which can be proven wrong, the supernode loses both its super node status and its deposit. So ... unless a bounty is higher than 250000 XEL, the supernodes have no incentives to behave maliciously. Nobody can become a guardnode unless he is hard coded into the client.
- Supernodes earn 10% of all bounties and POW rewards. I have initially set the reward to 10%, so there is a high incentive to run one of these. The exact value can be negotiated of course.
- Also, redeem transactions have now the exact timestamp of the corresponding BTC transaction in the BTC blockchain.
- All forfeited deposits (be it from malicious supernodes or from bounty haxx0rs - remember, blounty submissions need a deposit one block earlier) go to an account called the "DEPOSIT FORFEIT ACCOUNT". Not sure who should hold it and what happens with those funds ... but for now, it's there. Giving everything to the miners could be one option, but what if a bug causes a deposit to be taken by accident. Let's keep this on the radar.
There were many other little changes, the API is fully functional and has been extended by the features described above, and everything should work fine now. I say "should", I am not saying it is ... so we should do some more testing. But before we can do so, we need to get the supernodes up and running simply because of the very simple rule: no supernodes, no work!
I cannot finish them today though. I have been working 10 hours yesterday and around 11 hours today to get the core client ready. The faster I go the more superficial the coding process will become and the more testing you guys will have to do.
I have added numerous tests which test all kinds of reward, deposit and deposit forfeit scenarios! However, those tests do not test what has not been thought of. We need at least 1-2 days of heavy testing I would say.
... ah, and: everthing is in the Git.
I have finished the core client, it now has:
- Supernodes, these are the nodes who sign off on works, pow packages and bounties. Anyone with 250000 XEL can become a supernode and help support the network. The 250000 XEL go into a secure deposit, and are given back when the supernode status times out and is not renewed. Unless ...
- Guardnodes, these are watchdogs that occasionally (with a very low probability) run plausibility checks on what supernodes do. If a supernode comfirms work solutions, which can be proven wrong, the supernode loses both its super node status and its deposit. So ... unless a bounty is higher than 250000 XEL, the supernodes have no incentives to behave maliciously. Nobody can become a guardnode unless he is hard coded into the client.
- Supernodes earn 10% of all bounties and POW rewards. I have initially set the reward to 10%, so there is a high incentive to run one of these. The exact value can be negotiated of course.
- Also, redeem transactions have now the exact timestamp of the corresponding BTC transaction in the BTC blockchain.
- All forfeited deposits (be it from malicious supernodes or from bounty haxx0rs - remember, blounty submissions need a deposit one block earlier) go to an account called the "DEPOSIT FORFEIT ACCOUNT". Not sure who should hold it and what happens with those funds ... but for now, it's there. Giving everything to the miners could be one option, but what if a bug causes a deposit to be taken by accident. Let's keep this on the radar.
There were many other little changes, the API is fully functional and has been extended by the features described above, and everything should work fine now. I say "should", I am not saying it is ... so we should do some more testing. But before we can do so, we need to get the supernodes up and running simply because of the very simple rule: no supernodes, no work!
I cannot finish them today though. I have been working 10 hours yesterday and around 11 hours today to get the core client ready. The faster I go the more superficial the coding process will become and the more testing you guys will have to do.
I have added numerous tests which test all kinds of reward, deposit and deposit forfeit scenarios! However, those tests do not test what has not been thought of. We need at least 1-2 days of heavy testing I would say.
... ah, and: everthing is in the Git.
February 26, 2017, 12:05:24 PM
Hi will you have pow here ,when yes what algo and when launch ?
Here is the XEL POW miner final product link.Just take easy.
https://github.com/OrdinaryDude/elastic-miner
I do not see there version for Windows. Perhaps it will be little later.
The miner can easily be built using Mingw32 to create a Windows exe. But I don't plan on posting any binaries, as I've stated all along I don't plan on mining anything...my laptop is for coding only ;-)
Edit: For anyone who is interested in setting up mingw32 on their computer to build miners (xel_miner, sgminer, etc), I would recommend using the steps documented for sgminer. The following link will walk you thought how to setup mingw32 and install all the required packages.
https://github.com/sgminer-dev/sgminer/blob/master/doc/windows-build.txt
February 26, 2017, 11:49:43 AM
How 'bout that new roadmap ?
Enjoy the trip. Think of me when you sip that coctail
Enjoy the trip. Think of me when you sip that coctail
That's was a good one. Seriously, once I am done here I will move to the dominican republic ... but first things come first.
February 26, 2017, 11:46:14 AM
Hi will you have pow here ,when yes what algo and when launch ?
Here is the XEL POW miner final product link.Just take easy.
https://github.com/OrdinaryDude/elastic-miner
I do not see there version for Windows. Perhaps it will be little later.
February 26, 2017, 11:05:19 AM
How 'bout that new roadmap ?
Enjoy the trip. Think of me when you sip that coctail
Enjoy the trip. Think of me when you sip that coctail
That's was a good one. Seriously, once I am done here I will move to the dominican republic ... but first things come first. February 26, 2017, 10:58:16 AM
Hi will you have pow here ,when yes what algo and when launch ?
Here is the XEL POW miner final product link.Just take easy.
https://github.com/OrdinaryDude/elastic-miner
Ok so pow is now active ,any pools when exchange ?
Take a closer Look in the whole project, to understand.
Elastic is much different to other appcoins.
https://bitcointalksearch.org/topic/m.17925302
4) At this point, XEL should have a BTC/dollar figure amount, since other users need to be able to buy XEL to use the distributed computer.
i. if an outsider wanted buy XEL, then one of the XEL investors would have to sell, since there is a fixed amount?
5) Users also begin the mining process, adding processing power to the distributed computer network
6) At some point after launching main net, the project decides to be listed on exchanges (the same day? days later? weeks later? months?).
7) Once listed on exchanges, the Elastic/XEL wallet is able to interact with exchanges and XEL could be traded for BTC?
Do XEL miners receive XEL as payment? If so, where does that XEL come from? There is already a fixed amount distributed among initial investors.
i. if an outsider wanted buy XEL, then one of the XEL investors would have to sell, since there is a fixed amount?
5) Users also begin the mining process, adding processing power to the distributed computer network
6) At some point after launching main net, the project decides to be listed on exchanges (the same day? days later? weeks later? months?).
7) Once listed on exchanges, the Elastic/XEL wallet is able to interact with exchanges and XEL could be traded for BTC?
Do XEL miners receive XEL as payment? If so, where does that XEL come from? There is already a fixed amount distributed among initial investors.
4&5 -> pls See the picture here
6. Exchanges decides themself if they would like to add us - i think it wouldn't took much time
7. The Exchanges would use whatever currency pair they would use - maybe only dogecoin
- what i mean: The Exchanges aren't our enemys/friends - they just want to earn from the fees traders would pay there and so they would allways search for coins generating much intrest.--
Written and "painted" on an iPad - sitting in a train and in only a few minutes - i hope i didn't confused you more than you allready have been. English isn't my mother tounge.
February 26, 2017, 10:31:52 AM
How 'bout that new roadmap ?
Enjoy the trip. Think of me when you sip that coctail
Enjoy the trip. Think of me when you sip that coctail
That's was a good one. Seriously, once I am done here I will move to the dominican republic ... but first things come first.
Nice EK, my parents are from the Dominican Republic. I go there often. Let me know if you go, we'll have a hell of a time.
February 26, 2017, 10:30:43 AM
Hi will you have pow here ,when yes what algo and when launch ?
Here is the XEL POW miner final product link.Just take easy.
https://github.com/OrdinaryDude/elastic-miner
Ok so pow is now active ,any pools when exchange ?
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