August 20, 2022

Introducing: Huygens, the Second Phase of Computecoin’s Testnet

Introducing: Huygens, the Second Phase of Computecoin’s Testnet

Departing from Dome-A, the highest place in East Antarctica, Huygens marks another leap forward of Computecoin’s infinite quest in Web3.

Introducing Computecoin Testnet II, Huygens

Testnet I: Dome-A Achievements

More than 100,000 nodes are running on Dome-A

82,592,436,958 Metapower (MP/s) are provided by miners in 22 countries, equivalent to 4000 PetaBytes storage space and 200,000 Nvidia 3080 ETH mining cards.

50K+Ale Wallet downloaded and installed

Testnet II: Huygens

Huygens is inspired by Mons Huygens, the moon’s highest mountain, named after Dutch astronomer, physician, and mathematician Christiaan Huygens.

Open Date: Late April 2022
Access: Open to all, no application needed
Eligibility: See below ⬇️

For CPU mining, we recommend i7+ or similar processorsFor GPU mining, we recommend NVIDIA or AMD with 4GB+ GPU VRAM. ​ ​ ​​​ ​​*(CCN Pro only supports Nvidia at the moment)Operation system: only Linux and Windows are supported

What to Expect

  • New Mining Roles: Miners & Workers
  • Wallet Login: Use Ale Wallet to login into your mining portal
  • New Concept: Metatime & Epoch
  • Compatibility: Fully compatible with Ethereum
  • Verifying Tokenomics: rewards, collateral & penalties
  • Ecosystem build-up

New Mining Roles: Miners & Workers

For an enhanced level of security and better user experience, Huygen presents two new mining roles: Miners and Workers. Miners receive mining rewards, and workers host the mining machines. In Huygens, Miners can easily manage Miner and Worker accounts in their Ale Wallet, which will also serve as their identity used to access the mining portal.

Metatime & Epoch

Metatime
The smallest unit of time in MCP (Computecoin’s mainnet), which is the time that a new block is mined

  • 1 Metatime: 2–3 seconds
  • Metatime indicates the transaction speed and network latency of MCP

Epoch
The Metatime interval that MCP switches the block verifiers. Within an epoch, the block verifiers are fixed and share the mining rewards

Fully compatible with Ethereum

More dev tools
Smart-contract development tools (e.g. Truffle, Hardhat) on Ethereum are available for CCN developers

More wallet options
CCN community members can use Ethereum wallets such as Metamask

More ecosystem partners
NFT, DeFi, and other blockchain projects can easily deploy their applications on CCN

Verifying Tokenomics

Rewards, Collateral, and Penalties are all determined by CCN Tokenomics, stay tuned in our next CCN Dialogue!

CCN Mining

1.2 billion (60% of the total supply) CCN tokens are allocated to the miners.

Same Rigs, More Rewards

Merged Mining
Simultaneously mine CCN and other cryptocurrencies without disruption: ETH, FIL, Chia, BZZ, AR, and CRU

Rent out Your Rigs
Rent your idle computing power to users in the network.
*Earn more when you provide the types (e.g., GPU, CPU, Hard disk) of computing power users need the most

Token Deflation
Token deflation mechanism will give early participants higher returns
*30% of the project profit will be used to buy back and then burn CCN tokens from token holders.

Mining Pass

The bare minimum to get started.

How can I get a Mining Pass?
CCN’s stablecoin

What is this for?
CCN buyback-and-burn

How much?
Very little. Determined by the tokenomics

Easy Entry, Easy Deployment

  1. Download Ale wallet and create a miner’s account
    *Available in IOS/Android/Chrome Extension
  2. Install and run the CCN client app on your mining machine
  3. Use your Miner account to log into the mining portal and host your rigs

Collateral Mechanism

Collateral Programs

Early Bird Program
Early bird program allows miners to join earlier with zero risk before the CCN token is listed on exchanges
*More detailed information to be shared in a separate article

Collateral Marketplace
A platform that matches the miners with token holders who are willing to help with collaterals

Getting Started on Huygens