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Topic: New CharnaCoin #chrc is live - page 4. (Read 5338 times)

legendary
Activity: 2165
Merit: 1002
April 11, 2017, 07:11:36 AM
#2
I downloaded linux daemon and wallet but the mining command seems to be missing from wallet.
How do I start mining?
newbie
Activity: 4
Merit: 0
April 11, 2017, 06:12:02 AM
#1
Site will be updated as improvements are made by users and the community of course. Windows compilations are being worked on now. Linux versions are all live and working. of course with bug fixed when they occur. Below is the full information.

Charnacoin is a new cryptocurrency based on CryptoNote technology. It's major benefit is to provide much stronger privacy to both the senders and receivers of transactions.
With Charnacoin, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes.
Charnacoin improves upon the base CryptoNote technology in several ways that strengthen its anonymity and reduce the size of the global ledger of all transactions, called the "blockchain".

Because of the decentralized and peer-to-peer nature of the Charnacoin network it becomes more robust and resilient as it becomes larger. We encourage all users to run a full node, if they are able to.
Running a Charnacoin node does not yet require a huge amount of processing power, but it does require a few gigabytes worth of disk space to store the blockchain, and there will be some impact on your bandwidth especially from connected nodes that are catching up on the blockchain. The easiest way to run a Charnacoin node, without affecting your home bandwidth, is to purchase a VPS (Virtual Private Server).

Running the Node
Once you have the files downloaded and unpacked you don't need to do anything beyond running the Charnacoin daemon (charnacoind).
On Linux: dependent on whether you are running it on a desktop or server operating system, you will want to start charnacoind either in a screen session or in a console window of its own.

charnacoin (CHRC) is a privacy-focused cryptocurrency that is not based on Bitcoin's code. CharnaCoin aims to be a tangible and untraceable digital medium of exchange. It intrinsically has a higher degree of privacy than Bitcoin or any of its various forks.

Features
Untraceable payments
Unlinkable transactions
Blockchain analysis resistance
Adaptive parameters

Specifications
PoW algorithm: CryptoNote [1]
Max supply: Infinite (see note below) [2]
Block reward: Smoothly varying [3]
Block time: 60 seconds
Difficulty: Retargets at every block
1] CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates. [2] Initial number of atomic units is M = 109 - 1. However, once the block reward reaches 0.3CHRC per minute that is treated as the minimum subsidy, which means that CharnaCoin's total emission will forever increase by ~157680 CHRC annually. [3] Uses a recurrence relation. Block reward = (M - A) * 2-20 * 10-12, where A = current circulation.


Connection Details
 Mining Pool Address: charnacoin.com
Mining Ports

 Port: 18705
 Starting Difficulty: 100
 Description: Low end hardware
 Port: 18706
 Starting Difficulty: 2000
 Description: Mid range hardware
 Port: 18707
 Starting Difficulty: 10000
 Description: High end hardware

charnacoin.com
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