silicoin-blockchain (SIT)

Silicoin(SIT) is a modern cryptocurrency built from scratch, designed to be efficient, decentralized, and secure. Here are some of the features and benefits:

• Proof of space and time based consensus which allows anyone to farm with commodity hardware
• Very easy to use full node and farmer GUI and cli (thousands of nodes active on mainnet)
• Simplified UTXO based transaction model, with small on-chain state
• Lisp-style Turing-complete functional programming language for money related use cases
• BLS keys and aggregate signatures (only one signature per block)
• Pooling protocol that allows farmers to have control of making blocks
• Support for light clients with fast, objective syncing
• A growing community of farmers and developers around the world
• Combining Proof-of-Work and Proof-of-Stake Securely

Installing

Please visit our wiki for more information: wiki.

Resource Links

ChiaHub

Chia Forks Calculator

Chiaforks Blockchain

TokenDock

How to staking

1. Query the staking addresses according to your farming plot list:

   $ sit farm summary
   ...
   Staking addresses:
     sit1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr (balance: 0, plots: 27)
   ...
   

2. Deposit coins to the staking address:

   $ sit wallet send -t sit1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr -a 1
   

   Wait for the transaction get confirmed, query staking balance again:

   $ sit farm summary
   ...
   Staking addresses:
     sit1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr (balance: 1, plots: 27)
   ...
   

3. Withdraw coins from the staking address:

   $ sit wallet send_from -s sit1x6jjvepyvjv7395nmtywvx9mknshgy78dsmuu38m0e9grxr080nsltjugr -t $RECEIVER -a 10
   

   Do a transaction to transfer the coins from the staking address to any receive address.

   Make sure to choose the wallet that contains the plot farmer key.