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Topic: [TTT]TrustNote for Mining: The Mineable Public DAG Ledger - DAG | POW | Equihash (Read 417 times)

newbie
Activity: 30
Merit: 0
I'm proud to announce an exciting development of TrustNote. We are currently in the process of rebranding, the project will now be known as Ring Network, and you will become familiar with the refreshed new brand in the coming days!
Please see the announcement for more detail:
https://medium.com/trustnote/trustnote-announces-major-rebrand-to-ring-network-45a3f1633258
newbie
Activity: 30
Merit: 0
Announcement: TrustNote 2.0 beta release (beta 0.1) is coming soon!
We'll update you what's being changed, what's different on the mining process very soon, stay tuned!
newbie
Activity: 30
Merit: 0
Have you decided which version of equihash you will be using?
Thank you for your question!
Our miner client integrated equihash-xenon (https://github.com/xenoncat/equihash-xenon). You're welcomed to take a look at our code from https://github.com/trustnote/trustnote-pow-miner
If you require any further information, let me know.
member
Activity: 113
Merit: 10
Have you decided which version of equihash you will be using?
newbie
Activity: 30
Merit: 0
newbie
Activity: 30
Merit: 0
Too much information, but looks interesting, stay in observing.

Thank you!
newbie
Activity: 31
Merit: 0
very interesting, mark and will come back
newbie
Activity: 3
Merit: 0
Too much information, but looks interesting, stay in observing.
newbie
Activity: 30
Merit: 0
TrustNote for Miners
This thread is for TrustNote mining discussions. Technical questions about TrustNote mining software or related announcements and update will be posted here.

TrustNote is a distributed ledger technology and its development platform for the tokenized economy. TrustNote combines the Directed Acyclic Graph (DAG) ledger structure and Proof of Work (PoW) together to build a more scalable and more secured distributed ledger system.

Due to the complexity of the DAG technology, there are many challenges in the way of combining DAG and PoW all together, that is why TrustNote proposed a roadmap detailing the planned steps towards meeting the target.

For those who are interested, the major milestones its timelines are listed below:
  • TrustNote 1.0 mainnet (mining not supported) - launched on January 2018
  • TrustNote 2.0 testnet (alpha release with mining support) - launched on September 2018
  • TrustNote 2.0 testnet (beta release) – scheduled to be released on December 2018
  • TrustNote 2.0 mainnet – scheduled to go live by Q3 2019

Mining Rewards
The total mining reward on TrustNote mainnet will be 500 million MNs TTT, which is 50% of TrustNote’s total supply (1 billion MNs TTT).

Before Q3 2019, mining is only possible on the testnet, and the “TTT-test” tokens you mined on the testnet is not the same as the $TTT token that you can trade on the cryptocurrency markets.

But the good news is, to encourage miners participating the alpha testing and beta testing on the testnet, TrustNote will reward early miners with both $TTT tokens and $TFans tokens. Please check out our blog post for the latest mining rewards on offer.

Mining Software (for the testnet)
  • Linux - Mining client available here
  • Windows - Mining client available here
  • Mac OS - Mining client available here

Mining Pools
N/A for TrustNote 2.0 testnet alpha release

TrustME Specification (TrustNote PoW Censensus scheme)
The following specification is a proposal to the community, TrustNote reserve the rights to change the specification prior to the launch of TrustNote 2.0 mainnet based on community feedbacks.
  • Algorithm: Equihash
  • Total Supply: 1,000,000,000 MNs (1 billion TTT)
  • Total Supply for Mining: 500,000,000 MNs (500 million TTT)
  • Deposit: 500,000 MNs (500 thousand TTT)
  • Coinbase reward: 217.59 MNs for each consensus round in the first year, after which the coinbase reward decays year by year
  • Division of coinbase rewards: 10% to TOP TFans token holders, 10% to the TrustNote foundation funds, 80% miners reward
  • Consensus Round Time (Blocktime):  About 2.5 minute per round
  • Total number of consensus round: 4,204,800 (20 years)
  • Documentation: https://github.com/trustnote/document

TrustNote Explorers

TrustNote Wallet

Buy or Sell TTT

How-to Mine & Tutorials

Find out more about TrustNote
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