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 default‑private CPU‑coin, where one hash corresponds to one transaction, using the ShearHash algorithm to achieve high throughput with 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 predecessor GNFP chain.
- Where to mine/pool: Testnet pool 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 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 confirms a future 1:1 swap of accumulated GNFP for SHEAR.
- Key news/updates:
- Launch postponed to September 11, 2026, 21:00 GMT (British time).
- Recently large changes to the consensus model for increased stability.
- All accumulated GNFP will be swapped to SHEAR 1:1 using The Join Vortex at mainnet launch.
- Testnet phase continues, with gratitude expressed to the community for support.
- Issues/complaints: None.
- 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:
- Pool at https://pool.shear.digital is fully functional and has passed testing.
- Further testing of pool software between now and mainnet launch is not required.
- 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 source code at mainnet launch.
• Issues/complaints:
- Mention that mining on testnet now is “a waste of money”, which may be seen as a warning about useless resource expenditure.
• 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 whitepaper 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 node level, without broadcasting user information.
- Additional security measures introduced to protect user funds.
- Docs section added on site and project Shear whitepaper published.
- Invitation for miners to join the network at the specified time.
Issues/complaints:
- No issues 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 mainnet launch due to a broken Windows machine, while also noting progress in testnet (first hash bonus and introduction of Shear Admittance mechanism) and received an interview request from an external site.
Key news/updates:
- Mainnet launch delayed until Friday September 18, 2026, 21:00 UK time.
- In testnet shear‑testnet‑v2 block height 1479 reached, where the first separate hash‑bonus payout in coinbase and handling of missing assignment were implemented.
- Description of new *Shear Admittance* mechanism (naming lock for full anon‑set of Shear) published with technical details about 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 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:
Detailed guide to solo mining Shear on testnet v4 published and concept of DINS‑DAG — deterministic inclusive network settlement mechanism, aimed at eliminating unfair “lost rounds” in pool mining.
Key news/updates:
- Testnet Shear moved to version v4; requires wallet Continuum 0.45 (or 0.46 when releases appear).
- Miner ShearK‑Miner 2.5 available at releases/tag/2.5.
- Solo mining requires local stratum at 127.0.0.1:1111, plus node with public seeds: p2p.shear.digital:30303, r2r.shear.digital:30303, b2b.shear.digital:30303.
- Need Node.js 18+, git and C‑toolchain for native ADMIT add‑on.
- Introduced DINS‑DAG (Deterministic Inclusive Network Settlement) together with 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 block race, leading to a feeling of unfairness (AFK‑unfairness).
- DINS‑DAG is proposed as a solution, though no specific user complaints in new posts.
Overall tone:
Positive/enthusiastic — developer shares testnet progress, provides practical instructions and presents reward mechanism improvement seen as a step toward fairer mining.
2026-09-29 00:12 UTC — 2 new posts
Main topic of new posts:
SHEAR developers announce completion of DINS‑DAG construction, preparation for mainnet launch and release of new node and wallet versions after testnet reset.
Key news/updates:
- DINS‑DAG built and awaiting activation; together with ADMITv2 provides principle 1 HASH = 1 TX and full miner privacy.
- Full community management system introduced with moderator portal “Mishi” and built‑in VPN fleet for IP masking when using fast‑sync wallet.
- Testnet v5 reset and now produces blocks; 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 advised to delete old versions and install fresh datadir.
- Updated miner versions: ShearK Miner 2.6, Node 0.51, Wallet 0.51 (listed in first post).
- Described privacy model: the book records only ssa1 addresses, supports she1, ssa1, shear1; short she1 fingerprints remain unspendable, and spendable balance becomes available after 6 confirmations.
Issues/complaints:
- Need to delete old wallet and node versions after each chain reset may inconvenience miners.
- Testnet was reset again, requiring re‑configuration and sync.
Overall tone:
Positive/optimistic – focus on progress, readiness for mainnet and enhanced privacy features.
2026-10-09 00:12 UTC — 1 new post
Main topic of new posts:
Developer announced a 72‑hour soak test of the shear‑testnet‑v11 test network to verify stability and performance before transitioning to mainnet.
Key news/updates:
- Test starts today and lasts 72 hours; start time (BST), genesis hash and initial height recorded.
- Using network shear‑testnet‑v11 with Continuum 0.71 and node v18; 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 full 72 hours; early stretch under 17 bits to avoid repeat of soft sprint v10.
- Will analyze share distributions/block (p50/p90/max, % at limit), block formation time, body sizes, relays, orphans, pool/stratum latency, IBD/peer‑stalled, memory usage, fairness of trimming at limit, and track failures (duplicate shares, hash‑bonus, seal‑failed etc.).
Issues/complaints:
- No issues or complaints mentioned.
Overall tone:
Neutral‑informative, focusing on technical preparation for the next testing phase.