We’re very excited to announce the launch of the GHcloud public beta. Before we continue with the announcement please read the following information carefully.
GHcloud is fully decentralized which means that we do not store any of your information on our servers!
This includes your entire wallet string and profile information. All personal information including you wallet is stored in your SALT and in LocalData on YOUR system. Once you’ve signed up please backup your SALT and if you plan on using our wallet service backup your private keys!
GetHasing will not take any responsibility or liability if users fail to backup their information neither can we restore your data. It’s your data, you’re responsible to backup your information.
Decentralization begins where storing of data on remote servers ends - GHcloud!
Over the last two months our team has spent tremendous time developing GHcloud. Based on the Blockstrap framework GHcloud allows us to provide our members with a reliable and highly scalable platform without the need of holding user funds in wallets on our servers or storing user data in local databases. This allows us flexible development while providing a secure environment to all members, true decentralization.
Unlike other online platforms GHcloud stores all user information in the users SALT.
The SALT is a string of code which is literally impossible to crack. The string includes the users profile information, avatar, wallet keys, security question, pin and all other info entered during setup. Please note, once you’ve created your SALT the information can’t be changed! However, since accounts are not stored on our servers anyone may setup a new account or additional accounts at any time.
The wallet currently supports accounts for BTC, LTC and Doge. Darkcoin support is planned for March 2015 and from there we’ll be adding support for additional coins. The wallet service is part of the core framework developed by Blockstrap. Since all your wallet information is stored in your SALT the wallets are very secure to use since Blockstraps API only communicates the transactions with the different blockchains. in the event of Blockstrap ever discontinuing their service users can simply impor their private keys to any other wallet to recover their coins. Thus there will be no “our wallets ot hacked”.
The GHX page is where the magic happens. Once you’ve created your GHcloud account simply browse to the GHcoin page, add your GHX asset address via the settings and the page will load all asset information, your GHX and BTC balance, a list of all current GHX owners and most importantly all our coin generation addresses and payout addresses for easy auditing as part of our proof-of-everything concept.
The pool page displays all information of our public pool. Pool workers, current hashrate, the coins being mined, blocks found, pool connection information by pool and so on. The stats for individual (active) workers will be rolled out soon. Unlike other pools GHpool allows miners to mine the coins they want and receive their pay-outs in the same coin. New coins are added by popularity, profitability and via community votes / demand. The pool charges a fee of 2%.
GHfarm contains all information about the GHmining operation. The current overall hashrate of our rigs on NiceHash and Antpool as well as a log of all incoming and outgoing transactions of our coin generation and payment addresses. The transaction log has two display options, summary and full view which can be changed in the settings. The GHfarm page is still “very beta” and will receive further updates in the weeks to come.
GH Addresses Explanation (PoE):
As you may know GetHashing strives to provide full transparency on all operations. Therefore our coin generation, payout and mining addresses are public information which may be reviewed by anyone at any time. As the operation grows our number of addresses will increase as well and we’ll be introducing an “audit” page in one of the next updates. In the meantime all current addresses can be found on the GHcoin page and the transaction log can be found on the GHfarm page. Below you’ll find a screenshot of the current addresses and an explanation of each address. You may view each address on the blockchain by simply clicking on an address.
GHrigs (income from rental rigs)
GHmining (income from our mining operation)
GHads (income from the adverts on the GHforum)
GHcoinex (income from mined and exchanged altcoins)
GHmined. Income from the above addresses is transferred to this address daily. From there the daily maintenance fee is deduced before GHX dividends are paid out.
GHfees. Maintenance fees deducted from the daily income are transferred to this address daily before being moved to cold storage.
Excited yet? Good, head over to http://cloud.gethashing.com, setup your account and tell us what you think. We’re super excited and we hope you’re too. GHcloud v0.3 is only the beginning…