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Title: Cuckoo Cycle proof-of-work: $5000 in bounties Post by: tromp on November 07, 2016, 10:18:03 PM Cuckoo Cycle is an instantly verifiable memory bound Proof-of-Work,
whose runtime is dominated by memory latency. I invite anyone to try claim one of the following bounties for performance doubling: CPU $2000 TMTO $2000 GPU $1000 or half the above bounties for a sqrt(2) performance improvement. Details at https://github.com/tromp/cuckoo Happy bounty hunting. Title: Re: Cuckoo Cycle proof-of-work: $5000 in bounties Post by: iamnotback on November 07, 2016, 11:13:58 PM Cuckoo Cycle is an instantly verifiable memory bound Proof-of-Work, whose runtime is dominated by memory latency. I invite anyone to try claim one of the following bounties for performance doubling: CPU $2000 TMTO $2000 GPU $1000 or half the above bounties for a sqrt(2) performance improvement. Details at https://github.com/tromp/cuckoo Happy bounty hunting. Why are you spending all this money on proof-of-work when I plan to soon make it obsolete (https://bitcointalk.org/index.php?topic=1319681.msg16792628#msg16792628)? Wouldn't it better to invest that $5000 in something with a future that can appreciate in value? Or do you see uses for that outside of blockchains? I went down that rabbit hole with you and I concluded there can never be a stable CPU proof-of-work. Title: Re: Cuckoo Cycle proof-of-work: $5000 in bounties Post by: iamnotback on November 10, 2016, 09:05:46 PM Another attempt to convince you that you will lose the battle against Physics:
https://bitcointalk.org/index.php?topic=1671480.msg16837201#msg16837201 Title: Re: Cuckoo Cycle proof-of-work: $5000 in bounties Post by: szachta on November 11, 2016, 08:04:58 AM For this 5000 usd you can buy home and rent,my opinion.
Title: Re: Cuckoo Cycle proof-of-work: $5000 in bounties Post by: tromp on November 13, 2016, 04:05:36 PM Why are you spending all this money on proof-of-work when I plan to soon make it obsolete (https://bitcointalk.org/index.php?topic=1319681.msg16792628#msg16792628)? I've only spent about $1200 so far, and the $5000 is (mostly) backed by people who contributed to the Cuckoo Cycle Bounty Fund. It's far from certain that it will all be spent. Quote Wouldn't it better to invest that $5000 in something with a future that can appreciate in value? Most of the $5000 is held in BTC, and should appreciate just fine. Quote Or do you see uses for that outside of blockchains? As https://en.wikipedia.org/wiki/Proof-of-work_system shows, a proof-of-work may serve well for preventing spam and denial-of-service attacks. Quote I went down that rabbit hole with you and I concluded there can never be a stable CPU proof-of-work. IMO Cuckoo Cycle has the best odds of being an unprofitable-for-everybody proof-of-work. |