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=========================================== Crionic Core new release version : 1.1.0

README.md Updated on april 17st 2023

What is Crionic ?

Crionic is a coin based on Lightning-Cash ( LNC ),with Yespower POW algorithm, including DarkGravityWave ( difficulty changes for every block ) and possible CURRENT block difficulty change over time to protect against high network hash variation and long stale tip. It is also 15 times faster than LitecoinCash. For full details, please visit our website at https://coin.crionic.org

Compiled binary releases are available here on Github. Whitepapers will be available soon.

Current supported version are 1.1.0

Crionic Core is the full node software that makes up the backbone of the Crionic p2p network.

Website : https://coin.crionic.org

Pool : https://pool.crionic.org

Block Explorer : https://explorer.crionic.org

Discord Server : https://discord.gg/SKDkjcJTKM

Exchanges : https://xeggex.com/market/CRNC_USDT

Integration under way :

Any OS build instructions :

https://github.com/diabaths/Crionic-Coin/blob/master/doc/build-ALL-OS.md

Crionic Characteristics

  • Hash Algorithm : Yespower POW algorithm ( CPU only )

( With the addition of modified Dash's DarkGravityWave v3 algorithm, that changes difficulty every block, and progressively lowers difficulty if long stale tips happens. Tested and fully working !!) ---> check DarkGravity V3 (https://github.com/dashpay/dash/blob/master/src/pow.cpp#L82) (By Evan Duffield) evan@dash.org

And modifications from Lighining-Cash Dev made here : https://github.com/diabaths/Crionic-Coin/blob/master/src/pow.cpp#L110

( Difficulty adjusted every block and possibly in CURRENT block if a long network stale tip happens !! This protects Crionic from high hash variations and " high hash attacks " , that happens frequently for new coins and kills them by making the mining difficulty too high for the " normal " network's hash rate. )

  • The Hive : A "hodl and profit" mining system accessible to everyone, that works side by side with POW mining, invented by LitecoinCash's developers !!

  • YespowerLTNCG / Hive blocks ratio : 75 % / 25 % ( active since Hive 1.1 )

  • Maximum Supply : 335.999.919,891 CRNC

  • Coins created so far : 4.550.477 CRNC ( @ Block # 0 , May 14th 2023 ) ---> 0 % of max supply

  • Coins burned in the hive so far : 68.000 CRNC on May 14th 2023

  • First halving : Block #4.200.000

  • Official Mining Pool http://pool.crionic.org

  • 20 seconds block time. ( In chainparams.cpp. is set at 25 seconds, with hive, makes it 20s)

  • Number of confirmations needed for a transaction : 6 (transaction is confirmed in approximately 30.6 seconds)

  • Premine : 3.360.000 coins, just 1 % of max supply

  • Block Reward : 40 Crionic

  • Halved every 4.200.000 blocks

The Hive Characteristics

  • blocks for a new bee to mature: 48 * 51 = 2448 Blocks or ~= 12 Hours

  • blocks a bee lives for after maturation : 48 * 24 * 29,75= 34.272 Blocks or ~= 7 Days

  • Target Hive block frequency (1 out of this many blocks should be Hivemined) : 1 Every 4 Blocks

  • Bee cost Creation : ~0.08 CRNC

  • Hive 1.1- Activated: June 17, 2023 (more bee lives and more)

  • OPTIONAL to return 10% of bee Creation to community fund( will by used to promote the coin)

Block Reward

From Block To Block Coins Reward Total Coins Supply Halving Time
0 4,200,000 40,0000 168,000,000 July 2025
4,200,001 8,400,000 20,0000 84,000,000 October 2027
8,400,001 12,600,000 10,0000 42,000,000 January 2030
12,600,001 16,800,000 5,0000 21,000,000 April 2032
16,800,001 21,000,000 2,5000 10,500,000 July 2034
21,000,001 25,200,000 1,2500 5,250,000 October 2036
25,200,001 29,400,000 0,6250 2,625,000 January 2039
29,400,001 33,600,000 0,3125 1,312,500 April 2041
33,600,001 37,800,000 0,1563 656,250 July 2043
37,800,001 42,000,000 0,0781 328,125 October 2045
42,000,001 46,200,000 0,0391 164,063 January 2048
46,200,001 50,400,000 0,01953 82,031 April 2050
50,400,001 54,600,000 0,00977 41,016 July 2052
54,600,001 58,800,000 0,00488 20,508 October 2054
58,800,001 63,000,000 0,00244 10,254 January 2057
63,000,001 67,200,000 0,00122 5,127 April 2059
67,200,001 71,400,000 0,00061 2,563 July 2061
71,400,001 75,600,000 0,00031 1,282 October 2063

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License

Crionic Core is released under the terms of the MIT license. See COPYING for more information or see https://opensource.org/licenses/MIT.

A copy of this license can be found here :

https://github.com/diabaths/Crionic-Coin/blob/master/COPYING

Development Process

You can fork Crionic github's repository, tweak the code and suggest pull request if you have bug fixes or improvements to propose.

Testing

For now, testing is done privately before releasing new wallet's versions.

Translations

Any translation corrections or expansions are welcomed as GitHub pull requests.