Deploy your own private Blockchain
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A scalar value corresponding to the difficulty level applied during the nonce discovering of this block. It defines the mining Target, which can be calculated from the previous block’s difficulty level and the timestamp. The higher the difficulty, the statistically more calculations a Miner must perform to discover a valid block. This value is used to control the Block generation time of a Blockchain, keeping the Block generation frequency within a target range. On the test network, we keep this value low to avoid waiting during tests, since the discovery of a valid Block is required to execute a transaction on the Blockchain.
A scalar value equal to the current chain-wide limit of Gas expenditure per block. High in our case to avoid being limited by this threshold during tests. Note: this does not indicate that we should not pay attention to the Gas consumption of our Contracts.
An Ethereum network is a private network if the nodes are not connected to the main network nodes. In this context private only means reserved or isolated, rather than protected or secure. Since connections between nodes are valid only if peers have identical protocol version and network ID, you can effectively isolate your network by setting either of these to a non default value. We recommend using the --networkid command line option for this. Its argument is an integer, the main network has id 1 (the default). So if you supply your own custom network ID which is different than the main network your nodes will not connect to other nodes and form a private network.
The 160-bit address to which all rewards (in Ether) collected from the successful mining of this block have been transferred. They are a sum of the mining reward itself and the Contract transaction execution refunds. Often named “beneficiary” in the specifications, sometimes “etherbase” in the online documentation. This can be anything in the Genesis Block since the value is set by the setting of the Miner when a new Block is created.
Your private key of your wallet.
A 64-bit hash, which proves, combined with the mix-hash, that a sufficient amount of computation has been carried out on this block: the Proof-of-Work (PoW). The combination of nonce and mixhash must satisfy a mathematical condition described in the Yellowpaper, 4.3.4. Block Header Validity, (44), and allows to verify that the Block has really been cryptographically mined and thus, from this aspect, is valid. The nonce is the cryptographically secure mining proof-of-work that proves beyond reasonable doubt that a particular amount of computation has been expended in the determination of this token value. (Yellowpager, 11.5. Mining Proof-of-Work).
A 256-bit hash which proves, combined with the nonce, that a sufficient amount of computation has been carried out on this block: the Proof-of-Work (PoW). The combination of nonce and mixhash must satisfy a mathematical condition described in the Yellowpaper, 4.3.4. Block Header Validity, (44). It allows to verify that the Block has really been cryptographically mined, thus, from this aspect, is valid.
A scalar value equal to the reasonable output of Unix time() function at this block inception. This mechanism enforces a homeostasis in terms of the time between blocks. A smaller period between the last two blocks results in an increase in the difficulty level and thus additional computation required to find the next valid block. If the period is too large, the difficulty, and expected time to the next block, is reduced. The timestamp also allows verifying the order of block within the chain (Yellowpaper, 4.3.4. (43)).
The Keccak 256-bit hash of the entire parent block header (including its nonce and mixhash). Pointer to the parent block, thus effectively building the chain of blocks. In the case of the Genesis block, and only in this case, it’s 0.
An optional free, but max. 32-byte long space to conserve smart things for ethernity.
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This document was last updated on August 16, 2017 Disclaimer This disclaimer (“Disclaimer", “Agreement") is an agreement between CoinLaunch Corp (“CoinLaunch Corp", “us", “we" or “our") and you (“User", “you" or “your"). This Disclaimer sets forth the general guidelines, terms and conditions of your use of the https://coinlaunch.market website and any of its products or services (collectively, “Website" or “Services"). Representation Any views or opinions represented in this Website reflect the views and opinions of CoinLaunch Corp, its affiliates, Content creators or employees. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. Content and postings You may not modify, print or copy any part of the Website. 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Please seek professional assistance should you require it. Furthermore information contained on the Website and any pages linked to from it are subject to change at any time and without warning. We reserve the right to modify this Disclaimer at any time, effective upon posting of an updated version of this Disclaimer on the Website. When we do we will post a notification on the main page of our Website. Continued use of the Website after any such changes shall constitute your consent to such changes. CoinLaunch tokens are not securities User acknowledges, understands, and agrees that CoinLaunch Tokens are not securities and are not registered with any government entity as a security, and shall not be considered as such. User acknowledges, understands, and agrees that ownership of CoinLaunch Tokens does not grant the User the right to receive profits, income, or other payments or returns arising from the acquisition, holding, management or disposal of, the exercise of, the redemption of, or the expiry of, any right, interest, title or benefit in the CoinLaunch or CoinLaunch Platform or any other CoinLaunch property, whole or in part. Absence of guarantees of income or profit There is no guarantee that CoinLaunch tokens will grow in value. There are no guarantees that the price of CoinLaunch Tokens will not decrease, including significantly, due to some unforeseen events, or events over which the developers have no control, or because of force majeure circumstances. Risks associated with Ethereum CoinLaunch tokens will be issued on the Ethereum blockchain. Therefore, any failure or malfunctioning of the Ethereum protocol may lead to the trading network of CoinLaunch tokens not working as expected. Regulatory uncertainty Blockchain technologies are subject to supervision and control by various regulatory bodies around the world. CoinLaunch tokens may fall under one or more requests or actions on their part, including but not limited to restrictions imposed on the use or possession of digital tokens such as CoinLaunch Tokens, which may slow or limit the functionality or repurchase of CoinLaunch tokens in the future. CoinLaunch tokens are not an investment CoinLaunch tokens are not official or legally binding investments of any kind. In case of unforeseen circumstances, the objectives stated in this document may be changed. Despite the fact that we intend to reach all goals described in this document, all persons and parties involved in the purchase of CoinLaunch tokens do so at their own risk. Quantum computers Technical innovations, like the development of quantum computers, may pose a danger to cryptocurrencies, including CoinLaunch tokens. Risk of losing funds Funds collected in fundraising are in no way insured. If they are lost or lose their value, there is no private or public insurance representative that buyers can reach out to. Returning funds If a campaign does not end successfully, or is canceled by its creator, or by moderators, the funds are returned to the wallets of those users who transferred funds to the wallet of the campaign. If the user made their payment in a fiat currency (USD, EUR, RUR, or any other), the funds are returned to their ETH wallet inside the CoinLaunch system. The user can withdraw this ETH or use them to participate in any other campaign launched on the CoinLaunch platform. Risks of using new technologies CoinLaunch tokens are a new and relatively untested technology. In addition to the risks mentioned in this document, there are certain additional risks that the team of the CoinLaunch platform cannot foresee. These risks may manifest themselves in other forms of risk than those specified herein. Crowdinvesting The CoinLaunch platform disclaims any and all responsibility or liability in relation to any obligations made by creators of crowdinvesting campaigns to investors who bought their tokens on the CoinLaunch platform. The CoinLaunch platform is just an intermediary between creators of such campaigns and their investors. The function of the CoinLaunch platform is only to transfer funds from investors to creators, and tokens of crowdinvesting campaign creators to investors. CoinLaunch does not guarantee the claims made by campaign creators. Integration This Agreement constitutes the entire agreement between the parties with respect to the subject matter of this Contract. All previous agreements, discussions, presentations, warranties, and conditions are combined in this document. There are no warranties, representations, conditions, or agreements, express or implied, between the parties, except those explicitly stated in this Agreement. This Agreement may be changed or amended only by a written document duly executed by the parties. Acceptance of this disclaimer You acknowledge that you have read this Disclaimer and agree to all its terms and conditions. By accessing the Website you agree to be bound by this Disclaimer. If you do not agree to abide by the terms of this Disclaimer, you are not authorized to use or access the Website. This document is for information purposes only, and is not an offer or a call to sell stocks or securities on the CoinLaunch platform, or that of any other related or associated company. Contacting us If you have any questions about this Disclaimer, please contact us. This document was last updated on October 24, 2017
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