almightyruler



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Merit: 1080







LegendaryActivity: 2226Merit: 1080 [ANN][CAGE] CAGECOIN REVIVAL: New difficulty algorithm, network moving again! August 11, 2014, 08:59:08 AM

Last edit: July 18, 2019, 09:10:23 AM by almightyruler #1 *** NEW VERSION RELEASED. MANDATORY UPDATE. ***













Hi, I'm almightyruler, and I've just revived CAGE. The network died about 2 months ago because of a flawed difficulty retargeting algorithm, and has been stuck at a high and very unprofitable difficulty since then. I've updated the client to use a more reliable per-block retargeting algorithm, so we can finally get back to mining!



Download:



Windows QT client: http://www.almightycoins.org/cagecoin/download/cagecoin-qt.exe



Source code: https://www.dropbox.com/s/764o8rz3llbi7eb/cagecoin-0.7.0-src.zip



Simply copy (or compile) this version over the old one. It is compatible with the existing wallet and blockchain database.



If you're a first time user, then on Windows all you need to do is run cagecoin-qt.exe. The client will set up the necessary databases.



Important: If you have had your old CAGE client running any time in the past 24 hours, you should delete peers.dat before starting the new client.



Features of the new version:



- Blockchain preserved. All previously mined blocks and transactions remain valid.

- Difficulty algorithm changed to per-block retargeting past block 156042, to avoid network getting stuck again

- Two seed nodes brought online, so clients can sync without needing any configuration (no need to mess with addnode)

- Peer finding via IRC improved

- Checkpoints added

- Fair relaunch (no instamine)



This is a HARD FORK, so you will not be able to mine, transact, or do anything useful unless you use this version.



Note about fair relaunch: the first 2880 blocks (approximately 48 hours) after the fork each have a reward of exactly 1 CAGE. This is to allow the network to reach equilibrium without people instamining and benefiting from the very low difficulty on the way up. After 2880 blocks, the rewards will return to normal amounts (currently random 0 to 500000 CAGE)



Since this is a relaunch I don't have any premine or instamine funds. Please consider donating for my time: DkCQGZ2qaDbxGSj18BkKrkfcFs1McicH1h



Specifications:



Algorithm: scrypt

Block time: 60 seconds

Difficulty retarget: every block

(original retarget was every 4 hours, which is what stalled the network)

Maximum supply: 100 billion CAGE

Reward block 1-100000: random 0 to 1000000 CAGE

Reward block 100001-200000: random 0 to 500000 CAGE

Reward block 200001-300000: random 0 to 250000 CAGE

Reward block 300001-400000: random 0 to 125000 CAGE

Reward block 400001-500000: random 0 to 62500 CAGE

Reward block 500001-600000: random 0 to 31250 CAGE

Reward block 600001 and on: fixed 10000 CAGE





Pools:



http://cagecoinpool.com/

https://aikapool.com/cage/



Exchanges:



https://www.cryptopia.co.nz/Exchange/?market=CAGE_DOGE

https://www.cryptopia.co.nz/Exchange/?market=CAGE_DOT

https://www.cryptopia.co.nz/Exchange/?market=CAGE_FTC

https://www.cryptopia.co.nz/Exchange/?market=CAGE_LTC

https://www.cryptopia.co.nz/Exchange/?market=CAGE_UNO

https://www.cryptopia.co.nz/Exchange/?market=CAGE_XMR



https://www.novaexchange.com/market/BTC_CAGE/

https://www.novaexchange.com/market/LTC_CAGE/

https://www.novaexchange.com/market/DOGE_CAGE/

https://www.novaexchange.com/market/KIC_CAGE/

https://www.novaexchange.com/market/ESP2_CAGE/

https://www.novaexchange.com/market/PIGGY_CAGE/

https://www.novaexchange.com/market/MOON_CAGE/



https://www.coingather.com/exchange/CAGE/BTC

https://www.coingather.com/exchange/CAGE/LTC





Website:



http://cagecoin.net





Block explorer:



http://cagechain.info/chain/Cagecoin





Let's get the word out that CAGE is back!



Original thread (most of the old links and services are dead) : Hi, I'm almightyruler, and I've just revived CAGE. The network died about 2 months ago because of a flawed difficulty retargeting algorithm, and has been stuck at a high and very unprofitable difficulty since then. I've updated the client to use a more reliable per-block retargeting algorithm, so we can finally get back to mining!Simply copy (or compile) this version over the old one. It is compatible with the existing wallet and blockchain database.If you're a first time user, then on Windows all you need to do is run cagecoin-qt.exe. The client will set up the necessary databases.- Blockchain preserved. All previously mined blocks and transactions remain valid.- Difficulty algorithm changed to per-block retargeting past block 156042, to avoid network getting stuck again- Two seed nodes brought online, so clients can sync without needing any configuration (no need to mess with addnode)- Peer finding via IRC improved- Checkpoints added- Fair relaunch (no instamine)Note about fair relaunch: the first 2880 blocks (approximately 48 hours) after the fork each have a reward of exactly 1 CAGE. This is to allow the network to reach equilibrium without people instamining and benefiting from the very low difficulty on the way up. After 2880 blocks, the rewards will return to normal amounts (currently random 0 to 500000 CAGE)Algorithm: scryptBlock time: 60 secondsDifficulty retarget: every blockMaximum supply: 100 billion CAGEReward block 1-100000: random 0 to 1000000 CAGEReward block 100001-200000: random 0 to 500000 CAGEReward block 200001-300000: random 0 to 250000 CAGEReward block 300001-400000: random 0 to 125000 CAGEReward block 400001-500000: random 0 to 62500 CAGEReward block 500001-600000: random 0 to 31250 CAGEReward block 600001 and on: fixed 10000 CAGELet's get the word out that CAGE is back!Original thread (most of the old links and services are dead) : https://bitcointalk.org/index.php?topic=394958.0