<sup>s</sup> denotes a scalar value<sup>p</sup> denotes a point value
1/9/2024We thought everyone would pick up on this fact but apparently it hasn't clicked for everyone yet... Let's see what we can do about that The Relaunch (v2) We announced the plans for v2 back in October 2020 wherein we stated that the TurtleCoin® v1 network would start its path to it's own destruction around block 4 million and ultimately kill itself off at block 5 million. We expanded on this idea in the v2 overview article which included information about the v1 chain ramping down over time so that we make it to block 5 million. We've also stated that the v2 "pre-mine" (so to speak) will be equivalent to the number of coins expected to be emitted in v1 at block 5 million with the swap ratio (100,000:1) being maintained. In the v2 FAQ we clarified what the total supply in v2 would look like at launch and afterwards.
5/15/2021The community sent in questions and we're here to answer some of the most popular ones. We'll try to keep the answers straight and to the point wherever possible. This article is living and breathing and additional topics may be added as they come in. This permalink is the best way to always link to the latest version of this article. Note: Some questions may be paraphrased from the questions submitted by the community to help avoid ambiguity in duplicate questions. Q) What is TurtleCoin® v2? Put simply, v2 is the next generation of the the TurtleCoin® project. Out with the old and in with the new as they say. The v1 network served us well, but as time has passed we want to do more, and to do that best, we need a clean slate. By starting a new network from scratch, we are able to make much bigger improvements without worrying about being backwards compatible with previous history. For more information, we suggest reading TRTL v2 and TurtleCoin® v2 Overview as well as other blog articles as they are produced.
2/20/2021It's been about 3 months since our last update regarding v2 development and we figured it was about time to provide the community with an update on our progress. There's a lot of awesome news packed into this update so sit back, relax, and get your party poppers ready. We've got some news... and it's going to make some people very upset... Cryptographic Methods At the heart of every blockchain project is the code that makes the magic happen. The fundamental math that handles the calculations required to handle our good friend Elliptic Curve Cryptography ("ECC"). ECC serves as the method for how private keys and public keys are generated, how those points on the graph are related, and how those points are manipulated (added, subtracted, multiplied, etc.). The ability to manipulate the points in a secure way provides us with the foundational building tools to build the vast majority of blockchain networks. TurtleCoin® is no different. Today, v1 relies on a slight variation of ED25519 using Curve25519. The implementation differs from ED25519 which relies on SHA-512 (SHA-2) by instead utiliziling a non standards compliant implementation of Keccak (aka SHA-3) in the form of cn_fast_hash() as well as encoding private keys slightly different than as defined in the RFCs. For the nerds in the crowd, the implementation is non standard due to a use of a slightly different padding. Those of you that have worked to create various implementations of wallet software, address generators, etc. have undoubtedly came across this variation a few times and said to yourself "wtf" when you try to use a standard SHA-3 or ED25519 library in the language of your choice.
1/30/2021or
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