in Talleo3 years ago

What is Talleo?

Talleo Project is a project that aims to bring together the best cryptocurrency developers so they can collaborate to integrate multiple cryptocurrencies and websites together.

Main cryptocurrency of Talleo Project is Talleo (TLO), which is based on Bytecoin 2 with additional code from PinkstarcoinV2, Bittorium, Intense Coin, Iridium, Graft Project, Karbowanec, TurtleCoin, m0rkcoin and worktips

Talleo Project has currently active code sharing agreement with B2B Coin, but other coins can be added later if there is large enough patch submitted that adds additional features or extensively improves existing code.

Talleo has target time of 60 seconds for each block, but the time can fluctuate between 3-4 seconds and 10 minutes depending on network activity as each block must include at least one fusion transaction or regular transfer between two users.

Minimum and default network fee of Talleo is 0.01 per transaction, and transaction can contain multiple transfers as long as the total size is less than the maximum allowed size for transaction. Every 5 blocks, maximum size is increased by 1 byte.

Talleo is currently listed on Argentine based exchange C-PatEx with three trading pairs: TLO-BTC, TLO-ETH and TLO-LTC. We are planning on listing Talleo on other exchanges with more trading volume.

Why is Talleo better than other cryptocurrencies?

Main difference between Talleo and other cryptocurrencies is that when unconfirmed transaction is added to transaction pool of the node daemon, the node daemon will signal miners that there is change in the pool and mining software can decide if it wants to restart mining the current height with more transactions or continue with the current block template until block height changes.

There is two main routes mining pools can take. The first and simple is to start mining the block when number of unconfirmed transactions change from 0 to any non-zero value, or when block height changes.

More complicated route is for pools that have a lot of powerful miners. In this way the mining pool first compares the block height of the daemon with cached block height from previously mined block. If the block height is the same, but number of the transactions has changed, the mining is restarted with the new transactions included.

In both routes, if the block height is different, the pool waits until daemon returns non-zero transaction count. This allows trying to find more possible solutions for the previous block height while waiting for daemon to receive more transactions.

If the mining pool is started or restarted while the node daemon hasn't received any unconfirmed transactions, the pool will ask the miners to pause mining until daemon receives at least one unconfirmed transaction from connected wallets or other nodes.

For more information, visit the official website

Originally posted on Uptrennd and Publish0x