GODTOKEN (GDX) - Cryptonight Lite | Peer-to-peer Electronic Blessings
what is Godtoken?
Since the beginning of cryptocurrency trading, many people have relied upon the higher
powers to keep their portfolios in the green and to maximize their profits. With Godtoken,
this faith is taken onto the blockchain. Godtoken is a peer-to-peer electronic blessings system
- you pray to get the blessing - the Godtoken. By holding the token in your portfolio, it will
be poured with blessings and good luck. Also, it’s easy to share the token with your friends,
because shared blessings are even more powerful. Simply put, Godtoken can be anything you
want - a blessing, a store of value or a currency.
Technology behind Godtoken
At it’s core, Godtoken is a very simple and straightforward cryptocurrency based on the
Bytecoin source code. It uses CryptoNight proof-of-work hash algorithm, which is from the
CryptoNote protocol (CN Lite v1). CryptoNote has private and fast transactions it can be
mined ( prayed ) on ordinary computers.
Total supply of the Godtoken is 7 Million GDX. Premine is 3% (210k GDX), from which 2%
will go to early adopters of Godtoken (took part of mining in the test chain) and the rest will
be used for further development of Godtoken and Holychain. The blockchain has 120 second
block time and dynamic block rewards (initial rewards around 25 GDX).
How to get Godtokens
Get Godtoken client
Download Godtoken CLI client from here. Once its downloaded, unpack it.
GUI wallet releasing at a later date
Start the daemon
First start 'godtoken.exe' and wait it for to synchronise. Leave the program running for the next steps.
Your first wallet
Once the daemon has synced, you are ready to create your first wallet. Just open 'godwallet.exe' and when asked, type 'G' in the command line. Set a name and a password for your first wallet and it should generate a new wallet file. It will be generated in the same folder where 'godwallet.exe' is located. Be sure to save your private key. Type 'help' to get more commands in the wallet.
Before mining you have to edit Start Praying.bat and add your newly created address in the command. Just open the file with Notepad and paste your address where shown.
You can also change the number of mining threads there.
If that is done, just run the .bat file. No need to run the miner.exe.
Sharing the Godtokens
After praying hard for some Godtokens, you might want to share the blessings with your friends. Start 'godwallet.exe' again and open up your wallet. Type 'O', then the filename and the password to access your funds.
To see your GDX balance, type 'balance'. Note that your funds are locked for some time after mining, so you may have to wait a little. When you have enough available, you use the command 'transfer <mixin_count> <address> <amount>'
Note that the mixin count refers to the number of other signatures in the ring signature that authorizes the transaction. Someone looking at a transaction with a mixin of 4 has no way of knowing which of the five signers is the true sender.
The Future of GDX - HOLYCHAIN
Crypto God's future plans include building a decentralized community - Holychain. More information about the project will be released in the future.
1st of December, 2018 - public testnet release
19th of December - release of Godtoken blockchain
25th of December - browser based blockchain explorer
First circle of heaven
First listing on a TBA exchange
Windows/Linux GUI Wallet release
Spreading of the gods word
MacOS GUI Wallet
Search for God's disciples
Android Wallet with NFC transactions
Q4 2019 - 2020
Full release of the HOLYCHAIN project. Transition to the new platform.