Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cryptocoinsnews on August 29, 2013, 07:58:24 PM



Title: SecureCoin is taking the Cryptoworld by storm!
Post by: cryptocoinsnews on August 29, 2013, 07:58:24 PM
Yesterday, the time was finally there. After being announced for a few weeks now, Baritus (the creator of DigitalCoin) introduced us to his newest creation : SecureCoin.

This coin is meant to be mined on CPU’s only, either with the regular cpuminer, or the QuarkCoin miner. No word on any GPU support, but i’m fairly certain we might never see it being mined on GPU’s.

The unique part about this coin is that it consists of several algorithms, which are : Grøstl, Skein, BLAKE, BLUE MIDNIGHT WISH, JH and SHA-3. Some of these names may sound familiar to you , because this coin lends some of the concepts from other coins. This list includes YaCoin (YAC), SIF, Digitalcoin(DGC) and, of course, Bitcoin(BTC).

Read more here: http://www.cryptocoinsnews.com/2013/08/29/securecoin-is-taking-the-cryptoworld-by-storm-by-jdebunt/


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: murraypaul on August 29, 2013, 08:00:57 PM
The unique part about this coin is that it consists of several algorithms, which are :
... the same as Quarkcoin.
How is it unique, if it can be mined with the same miner as QuarkCoin?


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: jdebunt on August 29, 2013, 08:03:47 PM
Well that bit is open for interpretation , i admit my phrasing could have been better, thank you for pointing it out :)


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: Adamlm on August 29, 2013, 08:05:03 PM
The unique part about this coin is that it consists of several algorithms, which are :
... the same as Quarkcoin.
How is it unique, if it can be mined with the same miner as QuarkCoin?

As the dev says:

Bitcoin successful economic model, better adjustability, and no instamining massive block rewards. Other optimizations are included for better performance and usability.


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: minerapia on August 29, 2013, 08:23:48 PM
Yesterday, the time was finally there. After being announced for a few weeks now, Baritus (the creator of DigitalCoin) introduced us to his newest creation : SecureCoin.

This coin is meant to be mined on CPU’s only, either with the regular cpuminer, or the QuarkCoin miner. No word on any GPU support, but i’m fairly certain we might never see it being mined on GPU’s.

The unique part about this coin is that it consists of several algorithms, which are : Grøstl, Skein, BLAKE, BLUE MIDNIGHT WISH, JH and SHA-3. Some of these names may sound familiar to you , because this coin lends some of the concepts from other coins. This list includes YaCoin (YAC), SIF, Digitalcoin(DGC) and, of course, Bitcoin(BTC).

Read more here: http://www.cryptocoinsnews.com/2013/08/29/securecoin-is-taking-the-cryptoworld-by-storm-by-jdebunt/

Quarkcoin allready has gpu miner fyi. Its just not released (or atleast one dude claims he has one)


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: jdebunt on August 29, 2013, 08:34:20 PM

Quarkcoin allready has gpu miner fyi. Its just not released (or atleast one dude claims he has one)

So, basically, no one actually van VERIFY they have it, therefor, no word on GPU mining.

As soon as someone can SHOW me they actually have it RUNNING properly, that changes things;

But as of the writing of the article, there is no confirmed GPU mining for SecureCoin.


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: xibeijan on August 29, 2013, 08:43:00 PM
Zzzz.. secure coin... nothing new under the sun..


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: Hero_Member on August 29, 2013, 08:59:47 PM
Zzzz.. secure coin... nothing new under the sun..
Agree. Another boring clone. As for fair start, litecoin is fair enough. For CPU mining, this coin will have shorter period of CPU mining than litecoin. For security, you can cheat 3 years old to say this is more secure.
only one thing worth to mention is that this coin is bigger scam: on two exchanges at the first day.


Title: Re: SecureCoin is taking the Cryptoworld by storm!
Post by: Lauda on August 29, 2013, 09:36:43 PM
Nothing special.