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- <title>Cryptonote</title>
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- <center> <img src="Cryptonote_files/logo.png" alt="logo" width="960px"> </center>
- <hr>
- <h1> Specifications </h1>
- <ul>
- <li> Algorithm: cryptoNight; </li>
- <li> Block time: 120 seconds; </li>
- <li>Difficulty retarget: each block; </li>
- <li> Block Reward: decreases each block according to the formula: <br> <p> BaseReward = (MSupply - A)/2 <sup> 18 </sup>, where </p> MSupply = (2<sup>64</sup> - 1) atomic units <br> A = amount of already generated coins <p></p> </li>
- <li> One coin is divisible down to 8 decimal places (divisible up to 10^8)</li>
- <li> Total coins: 18 446 744 073 709 551 616 atomic units (= 184.46 billion coins ) </li>
- </ul> <br>
- <h1> Downloads </h1>
- <a href="http://nd4hymhii2vsjvmp.onion/whitepaper.pdf" download="">Whitepaper</a> ( <a href="http://nd4hymhii2vsjvmp.onion/nvsaberhagen.asc" download="">pgp open key</a> | <a href="http://nd4hymhii2vsjvmp.onion/whitepaper.pdf.asc" download="">pdf signature</a>) <br>
- <br>
- <hr>
- <h1> Community news </h1><br>
- 2/27/2014 14:02 - <div class="holiday"> We are back to normal. </div><br>
- <center><img src="Cryptonote_files/yeah.gif" alt="yeah" width="200px"></center><br>
- Thxs to all for quick response. Our special gratitude (again) to our dear friend <em>test_node_6 </em>
- for his rapid p2p protocol vulnerability elimination. Everybody who
- wants to discuss the incident is welcome to join our usual chat. Attack
- summary via mails later.<br><br>
- 2/27/2014 05:11 - <div style="color:red; font-weight:bolder; font-size:46pt; text-align:center;"> Hot fix is available <br> UPDATE ASAP!</div> <center> Community information sharing required!</center><br>
- 2/27/2014 02:15 - <span style="color:red; font-weight:bold; font-size:18pt"> We are under attack. </span> Don't worry and check your mails immediately! All team leaders are responsible for their members informing.<br><br>
- <div class="content"> 12/24/2013 - </div>
- <div class="holiday"> Special Christmas and New Year Message
- <img src="Cryptonote_files/ny2013.png" alt="New Year" width="50"> </div><br>
- <center> The 31st is coming, which spells the end of 2013. And it
- gives us immense pleasure to share our feelings about it with the whole
- CN community.<br>
- Some of us can remember that at the same time last year CryptoNote
- was like a little child doing his first steps. The system had been
- working only half of the year and was far from being perfect. And the
- first quarter of 2013 was the hardest time for us all, you know it. But
- then May-2013 started and became the turning point for the whole
- cryptocurrency world and for CryptoNote too. <br>
- We have done a lot since that time. We had grown even bigger then
- could imagine last January. That's why we would like to thank all devs,
- all teams' leaders and members, all individual miners and everybody else
- who believed in CN, who supported us and worked over our common
- project! <br>
- All of you should know: today - at the edge of 2013 - we are
- stronger than ever. We are full of hopes for the best, full of the
- brightest plans for the future and of strength for their realization. <br><br>
- <b> Merry Xmas and Happy New Year, dear friends! Let 2014 be even better for all of us!</b> </center><br>
- 12/06/2013 - <b>Good luck at Finals, dudes! And may the curve be ever in your favor </b> <br><br>
- 12/01/2013 - Community Meetings Schedule for 2014 is available now. <br> <br>
- 11/26/2013 - <b> How Did Dread Pirate Roberts Could Have Protected His Bitcoin Wealth </b>
- <p> We only want to note that you unlikely to see <a href="https://s3.amazonaws.com/s3.documentcloud.org/documents/839348/silk-road-paper.pdf" target="_blank" )=""> similar paper </a> in regard to our system.
- Not because of our law-abiding users, but due to ring signature and one-time addresses.<br>
- All payments are truly untraceable, unless you make an effort to deanonymize yourself =)</p><br>
- 09/13/2013 - Updated "Einstein" is now ready for working in the new regime <br> <br>
- 09/01/2013 - One more changelog <br> <br>
- 08/30/2013 - <b> Welcome back from summer break, colleagues!</b> <br>
- <p>Hope everybody's batteries are recharged and you're ready for your
- new academic terms and further work on CryptoNote. Check your mails
- for details! </p><br>
- 07/15/2013 - "V.Hugo" is back, be ready for increase. <br> <br>
- 07/04/2013 - <center> <span class="holiday"> Happy Birthday, CryptoNote! </span> <br> It's one year from the launch.</center> <br> <br>
- 05/01/2013 - <b> Meeting-4. </b> <br>
- <p> Place is encrypted in blockchain (second decoding method). Exact time will be send later. </p><br>
- 04/29/2013 - <b> L00Rr is now officially out of the team. </b>
- <p>The community decided to use his funds for a giveaway. More info in the newsletter. </p> <br>
- 04/20/2013 - <b>! Zerocoin ! </b> <br>
- <p> In front of widespread talks about Zerocoin (ZC) we want to make a
- few notes about this tech and how it compares with our ring signature. <br>
- Leaving aside cryptographic mumbo-jumbo, we will consider only consumers features.</p>
- <p> First of all, let us boast our benefits. To spend a single
- zerocoin you should produce a signature sized of 30-40 KB. No
- alternative. It implies high user fees and blockchain bloating.Our
- system offers a user to choose his anonymity level and the size of his
- signature: 96 bytes or more. A conservative size about 500 bytes
- provides you almost the same practical level of privacy as ZC. Moreover,
- our solution relies on elliptic crypto, which works (in general)
- noticeably faster than RSA-based ZC.</p>
- <p> Yes, the flexibility of our scheme has one hypothetical downside.
- As we said, a user can choose his level of privacy. While we believe
- that ambiguity degree "one of ten" (~500 bytes) for each transaction
- input is enough for practical untraceability, some may disagree and
- choose "one of all-possible-inputs" with huge-sized signature. ZC
- already hides your payments among all transactions with the same
- constant: 30-40 KB. It perfectly suits for a low transaction rate, but
- our linear-sized ring signature is asymptotically better: both for
- users' pockets and the blockchain size.</p>
- <p>Another important note is about trusted setup in Zerocoin. In easy
- words the whole system is based on some secret values nobody should
- know (for example, this secret allows to make a double spend). How to
- acquire these values? ZC devs says: we can generate them and then
- "forget" OR we can implement the special algorithm to do in a
- distributed way at the system start (everybody know only his own part of
- the secret). The second option, of course, is preferable, but the
- problem of trust still remains: there is no way for new users to be sure
- they are not fooled by the early adopters, who has generated the secret
- values. As you guess, our system has no such trapdoors: every parameter
- is public, as in original Bitcoin. We consider this as a major
- advantage over ZC.</p>
- <p>And BTW we are already working =) </p><br>
- 02/16/2013 - Community meeting-3. Coordinates are in extranonce, meeting time in emails. <br><br>
- 03/01/2013 - <b> We have troubles with mail servers. </b>
- <p> Weekly newsletters will not be sent for some time. Sorry for
- inconvenience.Check your team's emails for instructions. Be careful. </p> <br>
- 01/01/2013
- <div class="holiday"> Happy New Year!</div>
- <center> <img src="Cryptonote_files/newyear.jpg" height="300" width="480"></center> <br>
- <p> P.S. Glad to see increasing nodes number. However the fact of non-increasing hashrate is a little bit strange.</p><br>
- 11/29/2012 - "Dante" has started working. <br> <br>
- 11/17/2012 - <b> Difficulty is back to `normal`. </b>
- <p>The last jump of difficulty value (from ~100k to 385513) was quite unexpected. But it's back what is even more surprising!
- Important note: no double-spend or forking attack were mentioned.<br>
- Some numbers were also inserted in the blocks; looks like a counter.
- Btw retargeting algo works out perfectly. We are ready for the next
- "wave".</p><br>
- 11/12/2012 - For hints contact j69f. <br><br>
- 11/10/2012 - "The R guy" team is onboard since today. <br> <br>
- 09/30/2012 - Community meeting. Coordinates will be in chain soon, meeting time in emails. <br><br>
- 09/10/2012 - <b> We are growing: average difficulty reached 100k a few days ago and keeps increasing. </b>
- <p>There is a stable growth of the network: we see more and more new
- connections daily. Also we hope to see you at the community meet-up in
- the London conference bar to discuss network growing and other important
- stuff personally.<br>
- More info via team mails. </p><br>
- 08/12/2012 - <b> Extranonce data.</b> <p> Changelog -- extranonce field added. </p> <br>
- 07/14/2012 - "V.Hugo" team are with us now. <br> <br>
- 07/05/2012 - <b> Transaction functional tests seem to be OK. Thanks twimc! </b>
- <p> Special thx to our test_node_6, more precisely, to it's
- administrator, who might think that "winter(-time) is coming" and put
- the clock back an hour. <br>
- It resulted in the wrong timestamp in block #3 -- minus 3599 sec (at
- the edge of allowed time window!). By the way this timestamp caused low
- difficulty,
- so you shouldn't complain! Moreover, it was the perfect test for out
- retargeting function. <br>
- <b>Long live test_node_6! </b></p><br>
- 07/04/2012 6:02 - <b> Congrats! Finally...We have done it (from the 4th attempt)! Thx to all devs and teams! </b>
- <p>The first block was found 07/04/2012 05:00:00 (GMT). Functional test runs well. More information via emails.<br>Happy Independence Day! </p> <br>
- 06/30/2012 12:50 - <b> Dear friends! We are proud to announce the launch of our project. <br>
- </b><p><b>The system will be started on July, 4th (according to the community democracy voting procedure results). </b> Every team will be informed about the exact launching time later via email to the responsible persons.<br>
- Please, be ready for the event: carefully check the code version on
- updates available (update files are in download section). The first
- functional tests will be performed just after the start.<br>
- In case of any questions, please contact 6H7QV3LK55m as usual. </p>
- <br>
- <hr>
- <div id="contact"><b> Emergency contact:</b> stevenmoody@yahoo.com <br><br></div>
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