[ANN] BitShares PTS Mandatory Upgrade & Snapshot Announcement:https://bitcointalksearch.org/topic/ann-bitshares-pts-mandatory-upgrade-snapshot-announcement-878059https://bitsharestalk.org/index.php?topic=11877BitShares PTS (formerly ProtoShares)ProtoShares uses a new Momentum Proof of Work (POW) algorithm that is designed to be GPU and ASIC resistant.
http://invictus-innovations.com/s/MomentumProofOfWork.pdfThere's a $5000 bounty for anyone who can prove it is vulnerable to GPUs or ASICs.
http://bitsharestalk.org/index.php?topic=22.0BackingAs well as being an altcoin, ProtoShares is a way to own BitShares before they are launched. When BitShares is launched, its genesis block will award one BitShare for every ProtoShare held.
Web pagehttp://invictus-innovations.com/protosharesForums:
http://bitsharestalk.org/index.php?board=1.0SpecificationsPOW Hash: Momentum (2^26 / 2^50) with SHA512 Generation
Block target: 5 minutes
Difficulty Retargeting: 4032 Blocks
Difficulty Retargeting target: 2 Weeks
Port: 3888
Codebase: Bitcoin 0.8.5
No premine.
Block reward: 50 PTS, 5% reduction every 2016 blocks
Total coins: Around 2 million, with 1% inflation after 2 years
Start time:5th November 2013 08:08:08 GMT
Github sourcehttps://github.com/BitShares/BitShares-PTS/releasesDownload Binarieshttps://github.com/BitShares/BitShares-PTS/releases NodesThe client should connect to the network automatically but if you have trouble connecting, try opening the debug window console and type these commands,
addnode 162.243.67.4 add
addnode 162.243.54.126 add
addnode 37.139.29.236 add
addnode 64.90.183.137 add
addnode 180.183.205.118 add
Exchangeshttps://www.cryptsy.com/markets/view/119https://bter.com/trade/pts_btchttp://www.btc38.com/trade.html?btc38_trade_coin_name=ptsBlock Explorerhttp://btsblock.com/chain/ProtoShareshttp://coinplorer.com/PTSMiningIn the Settings menu, you can choose to mine 1, 2, or 3 processes.
You can also use the debug console to start mining.
setgenerate true 1
setgenerate true 2
setgenerate true 3
After 4 or 5 minutes of mining, you can type 'getmininginfo' to see the hashespermin rate.
Note there is a 3 process maximum because of memory limitations on the win32 client. You can run a second or third instance of the program if you want to try running more processes.
Optimized MinersCoyote:
http://bitsharestalk.org/index.php?topic=573.0PoolsPTSPool:
http://54.238.185.113/Alpha Miner:
http://bitsharestalk.org/index.php?topic=236.0beeeeer:
http://ptsweb.beeeeer.org FAQQ: I've set mining to start but my hashespermin shows 0, why?
You'll need to wait 4 or 5 minutes before that figure shows something meaningful. In the meantime, you can check on your CPU/Memory usage - these should be higher than usual if you're mining.
Q:Why is my win32 client crashing?
This happens because too much memory is allocated. If you type 'set generate' or 'set generate -1', this is likely to run too many threads, try to allocate too much memory, and crash. Use the settings menu to start mining or type 'set generate 3' - where 3 is the maximum. To run more threads, you need to start another instance of the client.
Q:How do I start another instance of the client?
You need to use a different port and data directory, here's a sample command line -
protoshares-qt.exe -port=5672 -datadir=C:\dataalt2
Q:Why would I want to be involved in another one of your coins after the MemoryCoin debacle?
This isn't my coin, I was just contracted to get it up and running with a basic client. As far as any altcoin has an 'owner' - that would be Invictus Innovations, who have bigger plans for it. This whole thread is an unofficial information thread to distribute and gather information about ProtoShares launch and mining.
Please keep discussions on-topic. Off-topic and inflammatory posts will be removed.