Topic: ** LAUNCHED ** CredaCash -- The Most Private Cryptocurrency in the World - page 10. (Read 10223 times)

Do you have a follow-up plan? It looks cold.

The next release of CredaCash has been thoroughly tested on a testnet and is looking good.  We decided we want to do additional testing against a forked version of the mainnet to ensure everything will work well in the field after it is released.  Realistically, in order to ensure the release is not rushed, that means pushing the release back to next week.  While we would of course prefer to have the release available sooner rather than later, having a high-quality, thoroughly tested release is paramount and overrides all other considerations.

Please look for the next release of CredaCash sometime next week, most likely on Wednesday August 14, or Thursday August 15.  Thank you.

The next release is still undergoing "burn-in" testing, and is expected this week.  Thank you.

any update?

The initial mining ran from June 15 until July 26 and was very successful.  The network performed perfectly during that time, handling an average of 44 mint transactions per second and a peak of 152 mint transactions per second.  A total of 200 million units of currency were rewarded to miners in 200 thousand outputs.  This initializes the blockchain to begin processing completely private transactions.

The next version of the software that supports send-type transactions is planned for the first week of August (it is currently undergoing final burn-in testing).  A announcement will be made here when it is available for download.

Thank you for your inquiry, and please let us know if you have any additional questions.

Hi any updates ?

today we finish minting coins. I am looking forward to the start of this blockchain. This incredible project is completely different from the others. I think it will be at least an interesting event in the world of cryptocurrencies. I wish the developers success and the pursuit of development and success!

CredaCash mining update:

Since the start of mining, 185 million units of currency have been rewarded to miners.  There are 15 million units remaining to be rewarded.

Over the past hour, an average of about 2460 mint transactions have been submitted to the network every minute, and one block has been produced every 15.7 seconds.  That means if your computer can generate 21 mint transactions per minute, you would earn on average two mining rewards (2000 units of currency) every hour, and you would earn on average a total of 130000 additional units of currency through the end of the initial mining (if the difficulty does not change).

CredaCash can be mined using almost any computer.  No special hardware is required.  A Quick Start Guide can be found at:
    https://CredaCash.com/quick-start-guide/

yes, it is still sync'ing.  It is currently at level 83374, and needs to get to level 175192+ to be fully sync'ed. Please let us know if minting starts working after ccnode is fully synced. Thank you.

yes it is running.

2019-07-21 20:02:55.785996] [0x00004228] [info]    ProcessBlock received valid block level 83372 witness 0 skip 0 size  452 oid 94 3a e3 af 1d 29 0e ec 10 2b 92 29 c0 81 6a 32 prior a6 7a 67 1c b3 55 81 85 66 4d c3 cf 2b 78 66 6b
[2019-07-21 20:02:55.797996] [0x00004228] [info]    BlockChain::SetNewlyIndelibleBlock announced 758703439 level 83372 witness 0 size 452 oid 94 3a e3 af 1d 29 0e ec 10 2b 92 29 c0 81 6a 32 prior oid a6 7a 67 1c b3 55 81 85 66 4d c3 cf 2b 78 66 6b
[2019-07-21 20:02:55.928993] [0x00004650] [info]    Blocksync Conn 6 Connection::HandleReadCheck error system:10054 An existing connection was forcibly closed by the remote host; read 0 of 0 of 8 bytes
 received block level 83372 witness 0 skip 0 size   452 hash 943ae3.. prior a67a67.. age 18d 13396
[2019-07-21 20:02:55.944995] [0x00004228] [info]    ProcessBlock received valid block level 83373 witness 0 skip 0 size  452 oid b9 95 4f ea 26 30 a4 69 b6 26 21 72 60 7e 5f c2 prior 94 3a e3 af 1d 29 0e ec 10 2b 92 29 c0 81 6a 32
[2019-07-21 20:02:55.953992] [0x00004228] [info]    BlockChain::SetNewlyIndelibleBlock announced 758703530 level 83373 witness 0 size 452 oid b9 95 4f ea 26 30 a4 69 b6 26 21 72 60 7e 5f c2 prior oid 94 3a e3 af 1d 29 0e ec 10 2b 92 29 c0 81 6a 32
[2019-07-21 20:02:55.979995] [0x00001d48] [info]    SmartBuf nobjs 57728 dt 1
 received block level 83373 witness 0 skip 0 size   452 hash b9954f.. prior 943ae3.. age 18d 13378
[2019-07-21 20:02:55.986996] [0x00004228] [info]    ProcessBlock received valid block level 83374 witness 0 skip 0 size  452 oid 0f 41 05 ee 4b f4 7b 18 e7 6c 1d 12 e2 6c dd b3 prior b9 95 4f ea 26 30 a4 69 b6 26 21 72 60 7e 5f c2
[2019-07-21 20:02:56.071995] [0x00004228] [info]    BlockChain::SetNewlyIndelibleBlock announced 758703638 level 83374 witness 0 size 452 oid 0f 41 05 ee 4b f4 7b 18 e7 6c 1d 12 e2 6c dd b3 prior oid b9 95 4f ea 26 30 a4 69 b6 26 21 72 60 7e 5f c2
 received block level 83374 witness 0 skip 0 size   452 hash 0f4105.. prior b9954f.. age 18d 13361
[2019-07-21 20:02:56.097996] [0x00004228] [info]    ProcessBlock received valid block level 83375 witness 0 skip 0 size  452 oid 99 4e 61 88 75 d2 78 01 e9 d8 30 68 ad 47 9c 53 prior 0f 41 05 ee 4b f4 7b 18 e7 6c 1d 12 e2 6c dd b3

or is it still syncing?

That is the output you would get if you start ccnode from scratch and it has not yet received any blocks.  Is ccnode running, and is it displaying new block announcements on its console output?

is this normal?

cc.mint thread 9, elapsed time 24 seconds, Transaction not allowed or invalid
cc.mint thread 2, elapsed time 24 seconds, Transaction not allowed or invalid
cc.mint thread 1, elapsed time 24 seconds, Transaction not allowed or invalid
cc.mint thread 4, elapsed time 25 seconds, Transaction not allowed or invalid
cc.mint thread 3, elapsed time 27 seconds, Transaction not allowed or invalid

thank you!

CredaCash mining update:

Since the start of mining, 175 million units of currency have been rewarded to miners.  There are 25 million units remaining to be rewarded.

Over the past hour, an average of about 2290 mint transactions have been submitted to the network every minute, and one block has been produced every 16.5 seconds.  That means if your computer can generate 21 mint transactions per minute, you would earn on average two mining rewards (2000 units of currency) every hour, and you would earn on average a total of 230000 additional units of currency through the end of the initial mining (if the difficulty does not change).

CredaCash can be mined using almost any computer.  No special hardware is required.  A Quick Start Guide can be found at:
    https://CredaCash.com/quick-start-guide/

It is not clear what the words "identical wallet addresses" or "ineffective" mean, nonetheless, if you have five wallets, they will each generate up to 1 million mint transactions. Even if those five wallets were created by copying a single wallet, those 5 million mint transactions will all be unique, so we have no reason to believe this would be any less effective for the purpose of mining, although it has not been well tested and is not recommended.  See:
https://bitcointalksearch.org/topic/m.51491559 (last paragraph)
https://bitcointalksearch.org/topic/m.51535568 (first paragraph)

I mean, five identical wallet addresses, more than a million. Would that be ineffective?

The blockchain is currently at block 155289, and the initial mint will go until block 200012 (the first 12 blocks did not contain mint tx's), so there are 44723 blocks left.

How many blocks left?  44 851 ??

For each block, multiple mint transactions are submitted by multiple users, but only the "best" mint transaction is added to the next block. At the end of the initial mining, there will only be 200000 coins mined (each with a value of 1000), no matter how many mint transactions are submitted.

I wonder if more than one million coins are valid? Because there were no mistakes.

Sorry, it would not be possible to do that at this time--it's not just the wallet, it is also the network, we we're not going to change anything in the network while mining is going on.  This will be enabled around Aug 1, and will require the final production software release which has not yet been posted.