Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 253.

Razerglass

legendary

Activity: 1036

Merit: 1000

https://bmy.guide

Quote from: Vandalay23 on April 08, 2015, 11:37:54 AM

Hey CoinShield Community !!

Can anyone please guide me on how to create a provably unspendable burn address?

It should be obvious, for example it could contain a lot of consecutive X's.

Will appreciate your kind help.

https://bitcointalksearch.org/user/vandalay23-293467

you have spammed this question in over 5 threads

yampi

sr. member

Activity: 433

Merit: 250

How are public addresses generated?

Vandalay23

sr. member

Activity: 341

Merit: 250

Hey CoinShield Community !!

Can anyone please guide me on how to create a provably unspendable burn address?

It should be obvious, for example it could contain a lot of consecutive X's.

Will appreciate your kind help.

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Windows 7 x64

Videlicet

legendary

Activity: 868

Merit: 1058

Creator of Nexus http://nexus.io

Quote from: BitcoinSanDiego on April 07, 2015, 11:09:17 PM

Quote from: Videlicet on April 07, 2015, 09:35:40 PM

Quote from: BitcoinSanDiego on April 07, 2015, 08:22:30 PM

Videlicet,

Can you explain why some blocks contain larger mining rewards and some contain smaller mining rewards?

Usually they vary from ~46 to ~63

You can see the corresponding block numbers in the search bar

http://i.imgur.com/M7itqkv.png

http://i.imgur.com/puFkGEd.png

Fractional rewards, determined by the reserve amount which is what regulates the minting to a precise mathematical design. When the reserves are above 20 minutes supply, reward is worth 3 minute decayed amount. When reserves are above 4 minutes supply they are worth 2.5 minute decayed amount. When below 2.5 minute supply, reward is based on time it took to create the block which can range from 0.3 - 46 CSD.

Reserves have a decayed amount deposited every minute in which miners use to create new mint ensuring that the distribution is mapped to precise exponential decay curves:

http://coinshield.io/images/supply-graph.jpg

This ensures precisely released mint, no hidden inflation, and a transparent currency.

Current Supply rates viewable on coinshield.io platform:
Minute      48.08741 CSD
Hour    2,885.164 CSD
Day    69,198.73 CSD
Week 482,416.7 CSD
Month 1,902,394 CSD
Year    19,943,773 CSD

Each mining channel runs on their own reserve system which means they each get exactly 50% of the initial distribution spanning over 10 years. This is how we were able to have a fair launch for the GPU channel 1 month after the CPU channel launch.

Thank You,
Viz.

I had a feeling this was a function of the decay function related to time... and thanks for confirming that the rates on coinshield.io are in fact an average of sorts (even though it is the precise amount of supply overall Wink

). This would explain why my adding up the outputs didn't equal the supply on the website

Those rates aren't estimations or averages, but exact projections into the future. These rates are determined by the decay equations, and compounding the amount that will be deposited in the reserves every time interval from this moment forward, so in 1 year from now, the supply will increase 19,943,773 CSD. These numbers are pulled from an extra RPC command that compounds the decay equations to give us a precise number. The inflation % shows how accurate the actual minting is compared to the compounded decay equations, you can see it never inflates

Quote from: BitcoinSanDiego on April 08, 2015, 12:07:03 AM

Will this be in 1.0.3?

I'll work up a 1.0.2 binary with fast sync if you would like that. I'll post to coinshield.io and here when I upload it. What OS?

Thank You,
Viz.

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Quote from: Videlicet on April 07, 2015, 09:43:27 PM

Already on it

Fast sync takes about 5 - 6 hours from genesis Wink

Thank You,
Viz.

Will this be in 1.0.3?

BitcoinSanDiego

full member

Activity: 126

Merit: 100

cest ballot, this did not work for me. would anyone be willing to Zip their entire CoinShield folder minus the wallet.dat file? i'm curious if that would work

https://bitcointalksearch.org/topic/m.11016255

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: MeGaDoOm on April 07, 2015, 09:38:05 PM

Quote from: cestballot on April 07, 2015, 08:51:51 PM

Quote from: BitcoinSanDiego on April 07, 2015, 08:37:46 PM

Is it possible to get the CoinShield folder zipped and available for download, so a newcomer doesn't need to download from peers? I got stuck on a block and had to delete my databases (probably corrupted when my computer crashed) but it takes 2 days to download again Sad

https://bitcointalksearch.org/topic/m.10828327

Roll Eyes

Best regards

Cest Ballot

I up vote this as a feature for the next wallet ! (dl+extract on first install). perhaps share it p2p. Downloading a full BlockChain takes ages.
Who's with me ?

yes and no Undecided

I don't like sync with direct download like my fast sync option. We can't trust this. files can be corrupted.

But Viz works on fast sync solution with trust node systems.

Trust node validate the other one, like this we increase security compared to DDL.

I'm right ?

Best regards

Cest Ballot

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Quote from: Videlicet on April 07, 2015, 09:35:40 PM

Quote from: BitcoinSanDiego on April 07, 2015, 08:22:30 PM

Videlicet,

Can you explain why some blocks contain larger mining rewards and some contain smaller mining rewards?

Usually they vary from ~46 to ~63

You can see the corresponding block numbers in the search bar

http://i.imgur.com/M7itqkv.png

http://i.imgur.com/puFkGEd.png

Fractional rewards, determined by the reserve amount which is what regulates the minting to a precise mathematical design. When the reserves are above 20 minutes supply, reward is worth 3 minute decayed amount. When reserves are above 4 minutes supply they are worth 2.5 minute decayed amount. When below 2.5 minute supply, reward is based on time it took to create the block which can range from 0.3 - 46 CSD.

Reserves have a decayed amount deposited every minute in which miners use to create new mint ensuring that the distribution is mapped to precise exponential decay curves:

http://coinshield.io/images/supply-graph.jpg

This ensures precisely released mint, no hidden inflation, and a transparent currency.

Current Supply rates viewable on coinshield.io platform:
Minute      48.08741 CSD
Hour    2,885.164 CSD
Day    69,198.73 CSD
Week 482,416.7 CSD
Month 1,902,394 CSD
Year    19,943,773 CSD

Each mining channel runs on their own reserve system which means they each get exactly 50% of the initial distribution spanning over 10 years. This is how we were able to have a fair launch for the GPU channel 1 month after the CPU channel launch.

Thank You,
Viz.

I had a feeling this was a function of the decay function related to time... and thanks for confirming that the rates on coinshield.io are in fact an average of sorts (even though it is the precise amount of supply overall Wink

). This would explain why my adding up the outputs didn't equal the supply on the website

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Quote from: cestballot on April 07, 2015, 08:51:51 PM

Quote from: BitcoinSanDiego on April 07, 2015, 08:37:46 PM

Is it possible to get the CoinShield folder zipped and available for download, so a newcomer doesn't need to download from peers? I got stuck on a block and had to delete my databases (probably corrupted when my computer crashed) but it takes 2 days to download again Sad

https://bitcointalksearch.org/topic/m.10828327

Roll Eyes

Best regards

Cest Ballot

Thanks, this could be linked on the OP or CoinShield.io or CoinShieldTalk.org

I am downloading now and will let you know how it goes

EDIT: this actually did not work for me. i tried exactly how you said to do it, and received an error

Videlicet

legendary

Activity: 868

Merit: 1058

Creator of Nexus http://nexus.io

Already on it

Fast sync takes about 5 - 6 hours from genesis Wink

Thank You,
Viz.

MeGaDoOm

sr. member

Activity: 308

Merit: 250

Quote from: cestballot on April 07, 2015, 08:51:51 PM

Quote from: BitcoinSanDiego on April 07, 2015, 08:37:46 PM

Is it possible to get the CoinShield folder zipped and available for download, so a newcomer doesn't need to download from peers? I got stuck on a block and had to delete my databases (probably corrupted when my computer crashed) but it takes 2 days to download again Sad

https://bitcointalksearch.org/topic/m.10828327

Roll Eyes

Best regards

Cest Ballot

I up vote this as a feature for the next wallet ! (dl+extract on first install). perhaps share it p2p. Downloading a full BlockChain takes ages.
Who's with me ?

Videlicet

legendary

Activity: 868

Merit: 1058

Creator of Nexus http://nexus.io

Quote from: BitcoinSanDiego on April 07, 2015, 08:22:30 PM

Videlicet,

Can you explain why some blocks contain larger mining rewards and some contain smaller mining rewards?

Usually they vary from ~46 to ~63

You can see the corresponding block numbers in the search bar

http://i.imgur.com/M7itqkv.png

http://i.imgur.com/puFkGEd.png

Fractional rewards, determined by the reserve amount which is what regulates the minting to a precise mathematical design. When the reserves are above 20 minutes supply, reward is worth 3 minute decayed amount. When reserves are above 4 minutes supply they are worth 2.5 minute decayed amount. When below 2.5 minute supply, reward is based on time it took to create the block which can range from 0.3 - 46 CSD.

Reserves have a decayed amount deposited every minute in which miners use to create new mint ensuring that the distribution is mapped to precise exponential decay curves:

This ensures precisely released mint, no hidden inflation, and a transparent currency.

Current Supply rates viewable on coinshield.io platform:
Minute      48.08741 CSD
Hour     2,885.164 CSD
Day     69,198.73 CSD
Week 482,416.7 CSD
Month 1,902,394 CSD
Year     19,943,773 CSD

Each mining channel runs on their own reserve system which means they each get exactly 50% of the initial distribution spanning over 10 years. This is how we were able to have a fair launch for the GPU channel 1 month after the CPU channel launch.

Thank You,
Viz.

cestballot

sr. member

Activity: 318

Merit: 250

Nexus pool : http://nexusniropool.cestballot.fr/

Quote from: BitcoinSanDiego on April 07, 2015, 08:37:46 PM

Is it possible to get the CoinShield folder zipped and available for download, so a newcomer doesn't need to download from peers? I got stuck on a block and had to delete my databases (probably corrupted when my computer crashed) but it takes 2 days to download again Sad

https://bitcointalksearch.org/topic/m.10828327

Roll Eyes

Best regards

Cest Ballot

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Is it possible to get the CoinShield folder zipped and available for download, so a newcomer doesn't need to download from peers? I got stuck on a block and had to delete my databases (probably corrupted when my computer crashed) but it takes 2 days to download again Sad

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Videlicet,

Can you explain why some blocks contain larger mining rewards and some contain smaller mining rewards?

Usually they vary from ~46 to ~63

You can see the corresponding block numbers in the search bar

http://i.imgur.com/M7itqkv.png

http://i.imgur.com/puFkGEd.png

KryptoKash

sr. member

Activity: 518

Merit: 275

If you fail...just dont fail again

Quote from: BitcoinSanDiego on April 07, 2015, 05:32:45 PM

Quote from: Videlicet on April 05, 2015, 07:50:52 PM

Note to 1.0.3: We are releasing this update with the incorporation of the Tech company, public disclosure of identities including pictures and business address, rebrand with public release of white paper. These pieces have to coordinate together as we lay the foundation for the new developments that have evolved with the maturing of the concepts and technology that create this economy. We are working to move into the real world as a legitimate currency not plagued with images of illegal activity and ponzi schemes, but a transparent useable currency that produces value in many industries besides Crypto.

Note to 2.0.0: My plan is to have the proper visibility by the time I get Core 0.2.0.0 built, which will include LLL integration [created by me] which will allow us a more efficient protocol, database, serialization, hashing, and code base. Also to come is complete rewrite of the Qt from scratch to solve many issues with its speed and efficiency. These productions will be coming from the Tech company, in which I hope by this time our visibility is strong enough for me to release 0.2.0.0 as open source.

Thank You,
Viz.

hey guys, just want to thank Videlicet, KryptoKash, cestballot, Bitslapper, and all others who are contributing for their hard work on CoinShield - keep up the good work. CSD is the best kept secret in crypto. Not many other grassroots cryptocurrencies have a team individuals with this caliber

Thank you sir. We are working hard on this, our community will be pleased with the progress we make as time goes by

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Quote from: Videlicet on April 05, 2015, 07:50:52 PM

Note to 1.0.3: We are releasing this update with the incorporation of the Tech company, public disclosure of identities including pictures and business address, rebrand with public release of white paper. These pieces have to coordinate together as we lay the foundation for the new developments that have evolved with the maturing of the concepts and technology that create this economy. We are working to move into the real world as a legitimate currency not plagued with images of illegal activity and ponzi schemes, but a transparent useable currency that produces value in many industries besides Crypto.

Note to 2.0.0: My plan is to have the proper visibility by the time I get Core 0.2.0.0 built, which will include LLL integration [created by me] which will allow us a more efficient protocol, database, serialization, hashing, and code base. Also to come is complete rewrite of the Qt from scratch to solve many issues with its speed and efficiency. These productions will be coming from the Tech company, in which I hope by this time our visibility is strong enough for me to release 0.2.0.0 as open source.

Thank You,
Viz.

hey guys, just want to thank Videlicet, KryptoKash, cestballot, Bitslapper, and all others who are contributing for their hard work on CoinShield - keep up the good work. CSD is the best kept secret in crypto. Not many other grassroots cryptocurrencies have a team individuals with this caliber

BitcoinSanDiego

full member

Activity: 126

Merit: 100

Thank you BitSlapper!!

Don't forget to vote guys: https://www.cryptsy.com/coinvotes

BitSlapper

full member

Activity: 224

Merit: 100

Quote from: BitcoinSanDiego on April 05, 2015, 11:33:17 PM

Quote from: AliMan on April 05, 2015, 11:22:07 PM

Looks like bitslapper forgot about us Nvidia guys. AMD got their update, and we're just sitting ducks....

He's still testing it. http://coinshieldtalk.org/english

[03:08 PM] cestballot
: do you have some news about Nvidia new miner ?

[07:03 AM] Bitslapper
: I'm still debugging the changes I've made to get cuda working in my miner. I think I will have a testable version by the end of this weekend.

Yup I'm still working on it.

I haven't forgotten. Dev takes a while and there are always bugs and sometimes unforeseen issues.

I was hopeful to have a testable version ready tonight but it's getting close to 12 am and I have work in the morning.

I will keep everyone updated on the progress.

Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 253. (Read 785514 times)