About the coin (primary summary)

• What the coin is: SHEAR (ticker SHE)
• Mining algorithm: ShearHash
• CPU-only or not: CPU-only
• Brief description: The project positions itself as a privacy‑by‑default CPU coin, where one hash corresponds to one transaction, using the ShearHash algorithm to achieve high throughput with a minimal chain size thanks to continuous pruning. It promises a fair block reward (1 SHE) plus a bonus for each valid hash and plans a smooth transition from testnet to mainnet with the possibility of migration from the preceding GNFP chain.
• Where to mine/pool: Testnet pool is available at https://pool.shear.digital/ (shear‑testnet‑v2)
• Wallet/links: not specified
• Community reaction: Participants note interest in testing, plan to try the miner and await updates on mainnet launch; developer reports testnet progress, new consensus rules and approaching optimal block parameters.

Update history (deltas)

2026-09-01 00:19 UTC — 1 new post.

• Main topic of new posts: Developer announces the postponement of the SHEAR mainnet launch due to significant changes in the consensus model, giving users more time to mine GNFP and the team more time for additional testing, and also confirms a future 1:1 exchange of accumulated GNFP for SHEAR.

• Key news/updates:
• Mainnet launch moved to September 11, 2026, 21:00 UK time.
• Major changes to the consensus model have recently been made to improve stability.
• All accumulated GNFP will be exchanged for SHEAR at a 1:1 ratio using The Join Vortex at mainnet launch.
• The testnet phase continues, with gratitude expressed to the community for its support.

• Issues/complaints: None specified.

• Overall tone: Positive, grateful and reassuring.

2026-09-05 00:13 UTC — 1 new post.

• Main topic of new posts:

Developer announced that the Shear pool is fully ready and operating correctly, so further testing of pool software is not required before mainnet launch.

• Key news/updates:

• The pool at https://pool.shear.digital is fully functional and has passed testing.
• Further pool software testing between now and mainnet launch is not required.
• The testnet will continue to produce blocks, but miners are advised to stop mining as it simply wastes resources.
• Developer thanks the community for help and promises to open the pool's source code at mainnet launch.

• Issues/complaints:

• Mention that mining on the testnet now is a “waste of money”, which may be perceived as a warning about useless resource consumption.

• Overall tone:

Positive/thankful with an element of warning about stopping testnet mining.

2026-09-09 00:12 UTC — 1 new post.

Main topic of new posts:

Developer reports that the SHEAR testnet is almost ready, and mainnet is planned to launch in three days (Friday September 11 at 21:00 BST), and documentation and a white paper have been added to the website.

Key news/updates:

• Final testnet refinements are being completed; mainnet launch scheduled in 3 days.
• Privacy mechanisms implemented: silent addresses and stem/fluff at the node level, without broadcasting user information.
• Additional security measures introduced to protect users' funds.
• Docs section added to the site and the project's Shear white paper published.
• Invitation for miners to join the network at the specified time.

Issues/complaints:

• No problems or complaints mentioned in this post.

Overall tone:

Positive — emphasis on readiness for launch, improved privacy and security.

2026-09-13 00:12 UTC — 3 new posts.

Main topic of new posts:

Developer announced a postponement of the mainnet launch due to a broken Windows machine, while noting progress in the testnet (first hash‑bonus and introduction of the Shear Admittance mechanism) and received a request for an interview from an external site.

Key news/updates:

• Mainnet launch postponed to Friday September 18, 2026, 21:00 UK time.
• In testnet shear‑testnet‑v2, block height 1479 was reached, where the first separate hash‑bonus payout in the coinbase and handling of missing assignment were implemented.
• Description of the new *Shear Admittance* mechanism (naming lock for a full anon‑set of Shear) published, with technical details on streams, current J and allowed configurations.
• Representative of hashpower.site requested an email interview with the developer for publication on their site.

Issues/complaints:

• Delay of mainnet launch due to the developer's Windows machine failure (requires hardware replacement).

Overall tone:

Cautiously optimistic — despite the delay, noticeable technical progress and community interest are highlighted.

2026-09-25 00:14 UTC — 2 new posts.

Main topic of new posts:

A detailed guide to solo mining Shear on testnet v4 has been published, and the DINS‑DAG concept — a deterministic inclusive network settlement mechanism — has been introduced, aimed at eliminating unfair “lost rounds” in pool mining.

Key news/updates:

• Shear testnet moved to version v4; requires wallet Continuum 0.45 (or 0.46 when releases appear).
• Miner ShearK‑Miner 2.5 available at tag releases/tag/2.5.
• Solo mining requires a local stratum at 127.0.0.1:1111, as well as a node with public seeds: p2p.shear.digital:30303, r2r.shear.digital:30303, b2b.shear.digital:30303.
• Node.js 18+, git and a C toolchain are needed for the native ADMIT addon.
• The DINS‑DAG (Deterministic Inclusive Network Settlement) system is presented together with the share‑DAG structure, which makes hash reward payouts deterministic and independent of pool luck.

Issues/complaints:

• In traditional pool chains, honest work can be considered “lost” if another template wins the race for a block, leading to a sense of unfairness (AFK‑unfairness).
• DINS‑DAG is proposed as a solution to this problem, although no specific user complaints appear in the new posts.

Overall tone:

Positive/enthusiastic — developer shares testnet progress, provides practical instructions, and presents a reward mechanism improvement perceived as a step toward fairer mining.

2026-09-29 00:12 UTC — 2 new posts.

Main topic of new posts:

SHEAR developers announce the completion of DINS‑DAG construction, preparation for mainnet launch, and release of new node and wallet versions after a second testnet reset.

Key news/updates:

• DINS‑DAG has been built and awaits activation; together with ADMITv2 it provides the principle 1 HASH = 1 TX and full miner privacy.
• A full community governance system has been introduced with a moderator portal “Mishi” and an integrated VPN fleet for IP masking when using the fast‑sync wallet.
• Testnet v5 has been reset and now produces blocks; the pool and operator nodes are on the same tip, seal verification includes ADMITv2 + DINS‑DAG pot and hash‑bonus.
• Released NODE v7 (Continuum 0.56) and WALLET 0.56; users are advised to delete old versions and install fresh datadir.
• Updated miner versions: ShearK Miner 2.6, Node 0.51, Wallet 0.51 (listed in the first post).
• Privacy model described: the ledger records only ssa1 addresses, supporting she1, ssa1, shear1; short she1 fingerprints remain unspendable, and the spendable balance becomes available after 6 confirmations.

Issues/complaints:

• The need to delete old wallet and node versions after each chain reset may cause inconvenience for miners.
• The testnet was reset again, requiring re‑configuration and synchronization.

Overall tone:

Positive/optimistic — emphasis on progress, readiness for mainnet, and improved privacy features.

2026-10-09 00:12 UTC — 1 new post.

Main topic of new posts:

Developer announced the launch of a 72‑hour soak test of the shear‑testnet‑v11 test network to assess stability and performance before transitioning to mainnet.

Key news/updates:

• The test will start today and run for 72 hours; start time (BST), genesis hash and initial height are recorded.
• Network shear‑testnet‑v11 with Continuum 0.71 and node v18 is used; miner ShearK 2.8 remains unchanged.
• Consensus parameters: GENESIS_BITS = 17, ASERT_TAU_MS ≈ 1 440 000, median11 ± 1.
• Shares‑per‑block limit increased to 65 536 (previously 8192); SHARE_FLOOR_BITS = 8 (256 units/share); HASH_BONUS_NANOS = 1.
• Implemented “lean live”: P2P frame transmits full 65 k share bodies, without JSON overhead (~114 B/share) and without full chain rewrite during pruning.
• Pool fee directed to address ssa1q5495…d8jj (statistics only); mining‑destination will be defined later (Russell).
• Checkpoints/vault‑seal: first 1000 blocks, then every 400 blocks (unchanged).
• Measurement plan: average from start of test vs. average after 90 seconds of the full 72 hours; early stretch check at 17 bits to avoid repeating the soft sprint v10.
• Will analyze shares/block distribution (p50/p90/max, % at limit), block formation time, body size, relay, orphans, pool/stratum latency, IBD/peer‑stalled, memory usage, fairness of trimming when limit reached, and tracking of failures (duplicate shares, hash‑bonus, seal‑failed, etc.).

Issues/complaints:

No issues or complaints mentioned in the post.

Overall tone:

Neutral‑informative, with an emphasis on technical preparation for the next testing phase.

2026-10-29 01:12 UTC — 1 new post.

Summary of new posts about SHEAR (SHE)

Main topic of new posts

Update on the progress of the SHEAR project — change of mainnet launch dates and public testnet v12, as well as scheduled tasks for network hardening.

Key news/updates

• Mainnet date change: mainnet is moved from November 16 to December 21, 2026 (14:00 UK time).
• Testnet v12: expected in early December (possibly December 3).
• Sequence of events:

1. Completion of current work (by November).
2. Launch of fast test networks with full functionality (around November 27).
3. Launch of public testnet v12 (around December 3).
4. Minimum 7 days of real testnet usage (until ~December 10).
5. Mainnet launch — December 21, 2026, 14:00 UK time.

• Current tasks:
• Network and block integrity hardening (around Oct 28).
• Vault lock safety — only the owner can withdraw the vault.
• Fixing the wallet command‑line for V.

Issues/complaints

• No specific community complaints or issues in the new post. Developer provides a plan to fix discovered bugs before mainnet launch.

Overall tone

Neutral‑positive — the post contains concrete dates and a clear development plan, generating interest among participants.

2026-11-01 01:12 UTC — 1 new post.

Main topic of new posts:

Developer published an update on SHEAR project progress, focusing on privacy implementation, revisiting mining mechanisms, and preparing for mainnet launch.

Key news/updates:

• Privacy core (ADMITv3): Full‑chain proof‑of‑membership system where each spend is hidden among all coins in the chain; the generator set has been independently verified, and final consensus binding is in final review.
• Mining privacy: Reworked payouts in pools and for solo miners to preserve anonymity of recipients and amounts using untraceable share claims.
• Wallet hardening: Ongoing privacy enhancements; displayed balance always matches the amount available for spending.
• Testnet v12: Will be released after implementation and audit of the listed improvements; mainnet will follow.
• Target launch date: December 21, 2026 (target date, not a deadline); developer is not rushing and will not skip steps.
• Economics: No premine, developer fee, or coinbase tax; the project is funded solely by grants, donations and crowdfunding, and is owned by the community.

Issues/complaints:

No mentioned issues or complaints.

Overall tone:

Positive/neutral — developer demonstrates transparency, careful attention to detail, and commitment to high‑quality privacy implementation.