Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: itsAj on August 10, 2015, 06:55:57 PM



Title: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 06:55:57 PM
http://i62.tinypic.com/35jeem1.jpg

INFORMATION.

* Make comprehensible GUI.

*Improve mining algorithmic integrity.

*Smart mining(comprehensible easy to mine gui).

*Smart trading(comprehensible easy to trade).

*Addition of (flexible) smart contracts.

*Creation of private and public block chains.

*Smart property limited to digital.

*Localized encryption (SHA-256).

*Advanced encryption for use of messaging and database encryption (PGP).

*Implicity Privacy Function (I.P. Relocation).

*Anonymous Decentralized file storage with use of nodes.

*Escrow confirmations through nodes.

-more to come.
LIQUID.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: NextGenCrypto on August 10, 2015, 06:56:47 PM
Awesome.  Looking forward to more information and mining some of this bad boy!  If there's anything I can help with, please let me know.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: Sir_Astral on August 10, 2015, 06:56:54 PM
Date?


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 06:57:33 PM
Date?

Soon.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: ocminer on August 10, 2015, 06:58:17 PM
Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch


Title: Re: LIQUID (ETHEREUM FORK)
Post by: keriferocoius on August 10, 2015, 07:00:16 PM
is it real? i mean this is not a "scam" like ethercoin or something?
You have really good ideas!!!


Title: Re: LIQUID (ETHEREUM FORK)
Post by: Scaccomatt0 on August 10, 2015, 07:00:41 PM
looking good, especially the "comprehensible" tasks!


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 07:00:56 PM
Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug


Title: Re: LIQUID (ETHEREUM FORK)
Post by: mistercashking on August 10, 2015, 07:10:03 PM
cool will keep an eye on this.  :o


Title: Re: LIQUID (ETHEREUM FORK)
Post by: ocminer on August 10, 2015, 07:18:14 PM
Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug

Yes i've got lots of trouble sending/crediting funds in ETH with my test-pool... tbh currently i'm stuck but in contact with the devs concerning that.

If you go X11 and "Standard-Codebase", I'll have a pool ready in a few mins, no prob.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 07:28:12 PM
Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug

Yes i've got lots of trouble sending/crediting funds in ETH with my test-pool... tbh currently i'm stuck but in contact with the devs concerning that.

If you go X11 and "Standard-Codebase", I'll have a pool ready in a few mins, no prob.

Let me know in pm or public portion of funds to keep the pool running for a couple of years, the cpu mining will really help backbone of the network. First thing I have to do is negotiate with pool operators and I'd rather deal with you that is legitimate than others.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: keriferocoius on August 10, 2015, 07:39:26 PM
So those softwares in the roadmap will be useable on the ethereum blockchain?


Title: Re: LIQUID (ETHEREUM FORK)
Post by: shojayxt on August 10, 2015, 07:40:43 PM
Will this be POW initial distribution?  If so X11 is a bad idea as it will just get raped by mining farms.  


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 07:43:58 PM
Will this be POW initial distribution?  If so X11 is a bad idea as it will just get raped by mining farms. 

I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: Magiklair on August 10, 2015, 07:49:48 PM
Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…


Title: Re: LIQUID (ETHEREUM FORK)
Post by: jasemoney on August 10, 2015, 07:53:22 PM
Will this be POW initial distribution?  If so X11 is a bad idea as it will just get raped by mining farms.  

I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.
X11 hashing hasnt been cpu friendly since 2 weeks after Xcoin (Xcurrency) launched in January 2014... you can get 1G/hash for .37BTC a day on miningrigrentals right now. and would struggle to get 1Mhash out of a cpu?

edit to add:
you know launching a stable x11 coin will be a gpu rape festival like everything else thats launched lately.
ethereum has cpu/gpu and ive been cpu mining since friday with no luck, it'll only get worse once gpu documentation spills out in a more digestible format


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 07:55:26 PM
Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…

It will be around 11 Billion - Estimated Population Size at year 2100

http://www.theguardian.com/environment/2014/sep/18/world-population-new-study-11bn-2100


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 07:58:50 PM
Will this be POW initial distribution?  If so X11 is a bad idea as it will just get raped by mining farms. 

I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.
X11 hashing hasnt been cpu friendly since 2 weeks after Xcoin (Xcurrency) launched in January 2014... you can get 1G/hash for .37BTC a day on miningrigrentals right now. and would struggle to get 1Mhash out of a cpu?

edit to add:
you know launching a stable x11 coin will be a gpu rape festival like everything else thats launched lately.
ethereum has cpu/gpu and ive been cpu mining since friday with no luck, it'll only get worse once gpu documentation spills out in a more digestible format

It's not going to be a 24 hour mining period, the mining period will have to last for years to make POW security even moderately feasible, unless POS method is used, then rich get richer etc.

The good thing about x11 it has a number of algos inside it it will be hard to crack them even with most advanced computing methods.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: Magiklair on August 10, 2015, 08:00:31 PM
Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…

It will be around 11 Billion - Estimated Population Size at year 2100

http://www.theguardian.com/environment/2014/sep/18/world-population-new-study-11bn-2100

Seriously? 11 billion. Not sure what this has to do with population size at year 2100. That was your thinking behind it


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 08:02:29 PM
Thinking of using the Quark algo now since the algorithms are better and it's not really that specialized like X11. I think I may go with Quark for the algo, the forgotten gem of crypto.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 08:03:51 PM
Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…

It will be around 11 Billion - Estimated Population Size at year 2100

http://www.theguardian.com/environment/2014/sep/18/world-population-new-study-11bn-2100

Seriously? 11 billion. Not sure what this has to do with population size at year 2100. That was your thinking behind it

The coin grows with the population size so is not inherently devalued.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: jasemoney on August 10, 2015, 08:07:07 PM
quark still has gpu mining, basically X6+3 are you planning on ripping out Ethereum's chain style and replacing it with an x11 or quark mining? at first it sounded like youd do x11 or anything just for initial distribuion then allow ethereum style mining to continue on a new chain once you sort out a gui or webwallet to run on top of an ethereum fork.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: godda04 on August 10, 2015, 08:08:54 PM
11 billion? Shame, was actually looking forward to this, even worse is your reason behind that number? population in 2100? what?

"The coin grows with the population size so is not inherently devalued."

This has no relevance at all


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 08:11:21 PM
quark still has gpu mining, basically X6+3 are you planning on ripping out Ethereum's chain style and replacing it with an x11 or quark mining? at first it sounded like youd do x11 or anything just for initial distribuion then allow ethereum style mining to continue on a new chain once you sort out a gui or webwallet to run on top of an ethereum fork.

As you said this is just for the initial distribution, eventually when side chains are in effect we strengthen the network using multiple networks, thats why the private, public blockchains which will be developed in the plan. But I want it to be a fair launch as much as possible. Thanks for the input Jase need to make this launch as clean and friendly as possible but I don't want to reduce it to standardized private hardware.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: shojayxt on August 10, 2015, 08:11:57 PM
You should rethink the x11 algorithm.  Also, please do not make this a POS coin.  You should lower the coin count and follow an emission curve similar to bitcoin with diminishing block rewards rather than block halving.  

I think you would get much support from serious individuals if you make an ethereum fork with POW as the distribution method.  I would stick to the current ethereum mining scheme without moving to x11.  You'll avoid many of the mining farms and rentals that will just end up dumping whatever they mine.

A clean ethereum fork with a fair POW launch would be the best launch of any coin in months.  


Title: Re: LIQUID (ETHEREUM FORK)
Post by: ocminer on August 10, 2015, 08:14:16 PM
Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug

Yes i've got lots of trouble sending/crediting funds in ETH with my test-pool... tbh currently i'm stuck but in contact with the devs concerning that.

If you go X11 and "Standard-Codebase", I'll have a pool ready in a few mins, no prob.

Let me know in pm or public portion of funds to keep the pool running for a couple of years, the cpu mining will really help backbone of the network. First thing I have to do is negotiate with pool operators and I'd rather deal with you that is legitimate than others.

As long as there are miners, there will be the pool.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: itsAj on August 10, 2015, 08:15:21 PM
POS model is good and can secure the network well, also electricity cost is completely reduced. But POS leads to inflation and devalueing, this is why POW and complete fixed supply. I chose to distribute it first like this because many serious issues have to be patched because there is serious vulnerabilities within it. Keep up the conversation its good getting input from the community first.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: jasemoney on August 10, 2015, 08:17:28 PM
You should rethink the x11 algorithm.  Also, please do not make this a POS coin.  You should lower the coin count and follow an emission curve similar to bitcoin with diminishing block rewards rather than block halving.  

I think you would get much support from serious individuals if you make an ethereum fork with POW as the distribution method.  I would stick to the current ethereum mining scheme without moving to x11.  You'll avoid many of the mining farms and rentals that will just end up dumping whatever they mine.

A clean ethereum fork with a fair POW launch would be the best launch of any coin in months.  

First POW GUI ethereum fork wins.
POS GUI ethereum fork will win next.
then country, dark, animal, color, masternode etc. :P


Title: Re: LIQUID (ETHEREUM FORK)
Post by: defaced on August 10, 2015, 08:26:30 PM
Will this be POW initial distribution?  If so X11 is a bad idea as it will just get raped by mining farms. 

I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.
X11 hashing hasnt been cpu friendly since 2 weeks after Xcoin (Xcurrency) launched in January 2014... you can get 1G/hash for .37BTC a day on miningrigrentals right now. and would struggle to get 1Mhash out of a cpu?

edit to add:
you know launching a stable x11 coin will be a gpu rape festival like everything else thats launched lately.
ethereum has cpu/gpu and ive been cpu mining since friday with no luck, it'll only get worse once gpu documentation spills out in a more digestible format

It's not going to be a 24 hour mining period, the mining period will have to last for years to make POW security even moderately feasible, unless POS method is used, then rich get richer etc.

The good thing about x11 it has a number of algos inside it it will be hard to crack them even with most advanced computing methods.

lol 1 is good 11 must be better! x11 is only as strong as its weakest hash...

"11 suffers from the problems stemming from increased propagation latency and slow verification, and adds even worse susceptibility to ASIC advantage.  It is a mere mishmash of 11 separate algorithms" - coblee


Title: Re: LIQUID (ETHEREUM FORK)
Post by: Colonel Crouton on August 10, 2015, 11:57:20 PM
Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug

Yes i've got lots of trouble sending/crediting funds in ETH with my test-pool... tbh currently i'm stuck but in contact with the devs concerning that.

If you go X11 and "Standard-Codebase", I'll have a pool ready in a few mins, no prob.

What does X11 and "Standard-Codebase" mean? Ethereum is all new code, correct?


Title: Re: LIQUID (ETHEREUM FORK)
Post by: fartbags on August 11, 2015, 07:36:18 PM



Looks good. I'm following this idea.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: LordCoder on August 11, 2015, 07:43:38 PM
SHA256 isn't an encryption.


Title: Re: LIQUID (ETHEREUM FORK)
Post by: wildduck on August 12, 2015, 08:34:47 AM
Looks very good, i will be watching this coin :)


Title: Re: LIQUID (ETHEREUM FORK)
Post by: Sir_Astral on August 15, 2015, 05:34:34 AM
Any news?


Title: Re: LIQUID (ETHEREUM FORK)
Post by: SushiNoTomato on August 15, 2015, 05:48:37 AM
Should be called FeatherRum :P


Title: Re: LIQUID (ETHEREUM FORK)
Post by: BlackPanda on August 15, 2015, 06:06:53 AM
any info more dev ?


Title: Re: LIQUID (ETHEREUM FORK)
Post by: fartbags on August 18, 2015, 05:38:35 AM



Did the dev leave this coin already :P




Title: Re: LIQUID (ETHEREUM FORK)
Post by: wildduck on August 18, 2015, 06:28:03 AM
It looks like that the dev already gone


Title: Re: LIQUID (ETHEREUM FORK)
Post by: Maverick69 on September 05, 2015, 11:09:47 PM
Dead?


Title: Re: LIQUID (ETHEREUM FORK)
Post by: wildduck on September 07, 2015, 10:47:55 AM
Yes it looks like dead


Title: Re: LIQUID (ETHEREUM FORK)
Post by: JanDzban on March 20, 2016, 04:25:02 PM
Anybody is workin on this project?