About the Blur Network
The Blur Network (BLUR) is a privacy-focused peer-to-peer network, built upon the premise that privacy is not compatible with centralization. Blur makes use of a private, standalone blockchain in which transaction participants and amounts are hidden, to enable a degree of privacy that is impossible on a transparent ledger, such as Bitcoin.
The Blur Network has been designed to address the direct threats to privacy and security resulting from specialized mining hardware and centralized mining pools. Miners have turned to these to reduce variance in block reward payouts from mining. Our network views these current solutions as detrimental to decentralization. Centralized pools and limited access to specialized mining hardware place the security of existing networks into the hands of few.
Out of a desire to keep mining hardware accessible to hobbyists, the approach of hardware-specific resistance has arisen. However, this approach limits access to compatible hardware even further. To compound this, resistance to hardware is something of a perpetual cat-and-mouse situation. Instead of subscribing to this philosophy, Blur seeks to build an ecosystem that is inclusive for all mining hardware. This manifests itself as an experiment we are calling The Fractal Multichain, which is planned to feature discretionary and hardware-specific Proofs-of-Work. Each chain will be weighted inversely in value, to a single devices relative hashpower (compared to a CPU).
The current chain will become the base value-chain, and will remain an attempt at favoring multi-purpose hardware, while we bring the other GPU-favoring and ASIC-favoring chains online as well.
CryptoNight-Dynamic, our novel application of the CryptoNight algorithm was developed to maximize decentralization of network hash power. This is accomplished by favoring CPU-specific strengths, to enable “mining hardware” to extend to anyone who owns a computer. The algorithm dynamically varies the amount of iterations that are performed at various points in its computations. The iteration count is a direct function of the current block's timestamp and the previous block's hash.
This translates to mean that Blur’s algorithm varies dynamically, on both intra-block and inter-block bases. The result is an algorithm that changes roughly once every five seconds, with each block's specific iteration count being directly dependent on the hash of the block before it and the current time. These specific aspects of the algorithm make mining with a traditional GPU too resource-intensive to be feasible, as the current technology requires all variable values to be known at compile-time.
Key Features of BLUR
The Network at a Glance
Total Supply: 9,223,300 BLUR until fixed emission.
Current Block Emission: Real-Time Supply API endpoint on the BLUR Blockchain Explorer
Fixed Tail Emission: 2.0 BLUR per block mined.
Decimal Places : 12 (Twelve).
Pre-mine: 360,000 BLUR hardcoded into first mined block’s emission (~4% of Total Supply).
Block Emission Profile: See the spreadsheet located here for a lifetime emission profile.
Mining Algorithm: Cryptonight-Dynamic
Block Target Time: 1 Minute
P2P Port: 52541
RPC Port: 52542
Node 1: 184.108.40.206:52541
Node 2: 220.127.116.11:52541
Node 3: 18.104.22.168:52541
API for Blur Network Explorer can be Found at the Block Explorer Webpage http://explorer.blur.cash/api/transactions returns a list of the past 25 transactions on the network. See the the documentation for more info/API calls.
• Complete Integration of Komodo Delayed Proof of Work
• Investigate possibilities of Merkle Mountain Ranges and CryptoConditions on BLUR, for interoperability with KMD/BTC codebases
• Expand outreach initiative to a larger number of exchanges
• Commence Developement on miner Decentralization Subsidy Engine (mDSE) for weighting of block rewards by origin (pooled hashrate, or solo-mined)Q3 2019
• Official BLUR Whitepaper
• Begin Development of BLUR-GPU, with focus on creating a modular PoW-chain mechanism, for future platforming.
• Commence Development upon atomic swap code for GPU/ASIC-chains to CPU-chain.
• Launch of BLUR-GPU chain as independent blockchain (no atomic swaps active at this time)Q4 2019