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Title: Future evolution of Altcoins Post by: Madychoux on March 04, 2014, 10:35:01 PM Well people, nearly each day a new altcoin is created and it really looks like a big mess...
After having been looking for "real" new "revolutionary" coins, I only found few of them : - Darkcoin : => Darksend : Anonymous blockchain transactions => Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo => Power efficient : I get 3 times higher hashing rate compared to scrypt and consuming half my usual power (1180W instead of 2420W on Scrypt mining) => Difficulty adjusts every block - Myriadcoin : => Multi algorythm : Scypt, SHA256D, Qubit, Skein or Groestl => Difficulty adjusts every block - Gridcoin : => Usefull for humanity => Reward system : if you mine with boinc running, you will receive a calculated subsidy based on boinc utilization. - YAK/Vertcoin : => Scrypt-Adaptive-Nfactor => Difficulty adjusts every block Do you guys, know any other "new tech" coins ? I mean, coins like Doge that I love really feels like dinosaures compare to the new ones above. That's why I'm trying to find the ones getting new features to guess what would be the evolution of altcoins. I'm pretty sure we are only living the beginning of a new major revolution like P2P sharing was more than 10 years ago. Thanks for the answers :-) Title: Re: Next evolution of Altcoins Post by: CoinTropolis_JustaBitTime on March 04, 2014, 10:38:37 PM Nxt
Title: Re: Next evolution of Altcoins Post by: Imperials on March 04, 2014, 11:18:16 PM Mazacoin is one of the only revolutionary alt-coins as well, a much more transparent AUR.
Title: Re: Next evolution of Altcoins Post by: anyone4u on March 04, 2014, 11:22:54 PM www.digibyte.co aka DigiByte v 2.0.0-DigiShield
Each successive major release of DigiByte will be accompanied with a "Digi" name. The DigiShield update will serve two main purposes: To shield from multi-pools and an over inflation of new coins (0.5% weekly reward reduction). With its dshield. It s faster than kudos gravity well, although that one I have seen it happen very fast too. read mo about it here https://bitcointalk.org/index.php?topic=482329.0 Title: Re: Next evolution of Altcoins Post by: XbladeX on March 04, 2014, 11:32:20 PM .... - Vertcoin : => Scrypt-Adaptive-Nfactor => Difficulty adjusts every block ... Scrypt-Adaptive-Nfactor - YAC developed 1st that algorithm so Vertcoin only COPY IT damm... Blake coin have fastest around hash algorithm and safe. Emunie different e-currency Datacoin - buy p2p data disk forever for datacoins NXT innovative(bad distribution ~50%POS reward to ipo and devs) Generaly POS coins: BC,PPC,Cash,Mint,HBN,Greed for those who are tired of minig wars and multi pool dumps _________________________________________________________________ serius alternatives ; ) : GPUcoin unique because they made 4 times in row fail start - joke PANDA coin 1st big SCAM coin on large scale with MEGA dump to 1sat with allmost all premine Title: Re: Next evolution of Altcoins Post by: cryptohunter on March 04, 2014, 11:41:05 PM Well people, nearly each day a new altcoin is created and it really looks like a big mess... After having been looking for "real" new "revolutionary" coins, I only found few of them : - Darkcoin : => Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo => Power efficient : I get 3 times higher hashing rate compared to scrypt and consuming half my usual power (1180W instead of 2420W on Scrypt mining) => Difficulty adjusts every block - Myriadcoin : => Multi algorythm : Scypt, SHA256D, Qubit, Skein or Groestl => Difficulty adjusts every block - Vertcoin : => Scrypt-Adaptive-Nfactor => Difficulty adjusts every block Do you guys, know any other "new tech" coins ? I mean, coins like Doge that I love really feels like dinosaures compare to the new ones above. That's why I'm trying to find the ones getting new features to guess what would be the evolution of altcoins. I'm pretty sure we are only living the beginning of a new major revolution like P2P sharing was more than 10 years ago. Thanks for the answers :-) NONE of those you listed are the next evolution really. They are more of the same with some tweaks. TO be fair PPC was more next gen than those. QRK brough multi algo to fame. Adaptive N i don't really care about, i see nothing it has over scrypt jane worth worrying about. NXT looks pretty evolved i guess. Title: Re: Next evolution of Altcoins Post by: Madychoux on March 05, 2014, 06:36:24 AM Scrypt-Adaptive-Nfactor - YAC developed 1st that algorithm so Vertcoin only COPY IT damm... Blake coin have fastest around hash algorithm and safe. Emunie different e-currency Datacoin - buy p2p data disk forever for datacoins Thanks for that, I will look into those coins. I'm really having a mixed feeling about NXT and all non-minable coins/pre-mined. My question is more about mining evolution of coins than business opportunities. Title: Re: Next evolution of Altcoins Post by: HCLivess on March 05, 2014, 07:15:20 AM Well I completely agree with the OP, I have not heard about DarkCoin yet, because it seemed too hyped for me, but I might take a look now. There is one more coin which gets far less attention than deserved - Chaincoin
Title: Re: Next evolution of Altcoins Post by: sgk on March 05, 2014, 08:03:38 AM - Darkcoin : => Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo => Power efficient : I get 3 times higher hashing rate compared to scrypt and consuming half my usual power (1180W instead of 2420W on Scrypt mining) => Difficulty adjusts every block You forgot to mention anonymous blockchain transactions Title: Re: Next evolution of Altcoins Post by: Madychoux on March 05, 2014, 08:36:46 AM Yes that's true, but the DarkSend system is not up yet in release, but you're right, it's a great improvement.
Is there really no big innovation on other coin ??? I'm a bit surprised ?! ??? Title: Re: Future evolution of Altcoins Post by: asdlolciterquit on March 05, 2014, 10:08:30 AM gridcoin is for sure one of the next big coins.
With GRC you can mine coins (GPU + CPU) while you contribute to scientific progress. So, you don't waste energy with mining. The devs are really great and they have a lot of ideas for the future. Take a look: https://bitcointalk.org/index.php?topic=324118.0 https://cryptocointalk.com/topic/1331-new-coin-launch-announcement-grc-gridcoin/page-23#entry9804 Title: Re: Next evolution of Altcoins Post by: Madychoux on March 05, 2014, 02:18:26 PM Well I completely agree with the OP, I have not heard about DarkCoin yet, because it seemed too hyped for me, but I might take a look now. There is one more coin which gets far less attention than deserved - Chaincoin Has read in another thread : Darkcoin got released 1 day earlier than chaincoin, The only difference between the coins is that in DarkCoin skein is after groestl while in ChainCoin it's after keccak. Title: Re: Future evolution of Altcoins Post by: HiroS on March 05, 2014, 02:27:08 PM We have not seen the next solution yet. Adaptive N is still too hostile towards GPUs. But I believe we have all the pieces of the puzzle to put a solution together. It does not have to reinvent the wheel just dodge the Scrypt ASICs coming without losing any efficiency. Coins that blend several hashing solutions together like Darkcoin are going to have a hard time getting the efficiency it could achieve because of that, you may see a large number of hashes but that is nothing compared to where it could be with proper optimizations. A new standard is required that everyone can contribute towards.
Title: Re: Future evolution of Altcoins Post by: traderman on March 05, 2014, 02:39:54 PM Gridcoin - http://crypt.la/2014/02/23/exclusive-gridcoin-founder-talks-revolution-in-mining/
Title: Re: Future evolution of Altcoins Post by: pandher on March 05, 2014, 02:44:23 PM The only real revolution in mining can be completely removing the mining part.
No precious energy wasted for years. And that is exactly what Coin2 did. The most ecofriendly and fairly distributed coin ever Title: Re: Future evolution of Altcoins Post by: Netnox on March 05, 2014, 02:45:23 PM Well people, nearly each day a new altcoin is created and it really looks like a big mess... After having been looking for "real" new "revolutionary" coins, I only found few of them : - Darkcoin : => Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo => Power efficient : I get 3 times higher hashing rate compared to scrypt and consuming half my usual power (1180W instead of 2420W on Scrypt mining) => Difficulty adjusts every block - Myriadcoin : => Multi algorythm : Scypt, SHA256D, Qubit, Skein or Groestl => Difficulty adjusts every block - Vertcoin : => Scrypt-Adaptive-Nfactor => Difficulty adjusts every block Do you guys, know any other "new tech" coins ? I mean, coins like Doge that I love really feels like dinosaures compare to the new ones above. That's why I'm trying to find the ones getting new features to guess what would be the evolution of altcoins. I'm pretty sure we are only living the beginning of a new major revolution like P2P sharing was more than 10 years ago. Thanks for the answers :-) Wrong, Quark was the first to bring multi hashing to public awareness. Quark is still more secure than Darkcoin Title: Re: Future evolution of Altcoins Post by: Madychoux on March 05, 2014, 02:48:48 PM We have not seen the next solution yet. Adaptive N is still too hostile towards GPUs. But I believe we have all the pieces of the puzzle to put a solution together. It does not have to reinvent the wheel just dodge the Scrypt ASICs coming without losing any efficiency. Coins that blend several hashing solutions together like Darkcoin are going to have a hard time getting the efficiency it could achieve because of that, you may see a large number of hashes but that is nothing compared to where it could be with proper optimizations. A new standard is required that everyone can contribute towards. I totally agree, we need a new standard as "Scrypt" was, to go to the next step. Title: Re: Future evolution of Altcoins Post by: Madychoux on March 05, 2014, 02:49:32 PM The only real revolution in mining can be completely removing the mining part. No precious energy wasted for years. And that is exactly what Coin2 did. The most ecofriendly and fairly distributed coin ever But how could the network hashrate could be as secured as the one for BTC or LTC ?! Title: Re: Next evolution of Altcoins Post by: reRaise on March 05, 2014, 02:50:04 PM Well people, nearly each day a new altcoin is created and it really looks like a big mess... After having been looking for "real" new "revolutionary" coins, I only found few of them : - Darkcoin : => Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo => Power efficient : I get 3 times higher hashing rate compared to scrypt and consuming half my usual power (1180W instead of 2420W on Scrypt mining) => Difficulty adjusts every block - Myriadcoin : => Multi algorythm : Scypt, SHA256D, Qubit, Skein or Groestl => Difficulty adjusts every block - Vertcoin : => Scrypt-Adaptive-Nfactor => Difficulty adjusts every block Do you guys, know any other "new tech" coins ? I mean, coins like Doge that I love really feels like dinosaures compare to the new ones above. That's why I'm trying to find the ones getting new features to guess what would be the evolution of altcoins. I'm pretty sure we are only living the beginning of a new major revolution like P2P sharing was more than 10 years ago. Thanks for the answers :-) NONE of those you listed are the next evolution really. They are more of the same with some tweaks. TO be fair PPC was more next gen than those. QRK brough multi algo to fame. Adaptive N i don't really care about, i see nothing it has over scrypt jane worth worrying about. NXT looks pretty evolved i guess. +1 and any coin can adapt anonymity, but i don't think it will be a good thing to do I think you bought those coins, that's why you listing the here lol Title: Re: Future evolution of Altcoins Post by: reRaise on March 05, 2014, 02:52:51 PM Well people, nearly each day a new altcoin is created and it really looks like a big mess... After having been looking for "real" new "revolutionary" coins, I only found few of them : - Darkcoin : => Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo => Power efficient : I get 3 times higher hashing rate compared to scrypt and consuming half my usual power (1180W instead of 2420W on Scrypt mining) => Difficulty adjusts every block - Myriadcoin : => Multi algorythm : Scypt, SHA256D, Qubit, Skein or Groestl => Difficulty adjusts every block - Vertcoin : => Scrypt-Adaptive-Nfactor => Difficulty adjusts every block Do you guys, know any other "new tech" coins ? I mean, coins like Doge that I love really feels like dinosaures compare to the new ones above. That's why I'm trying to find the ones getting new features to guess what would be the evolution of altcoins. I'm pretty sure we are only living the beginning of a new major revolution like P2P sharing was more than 10 years ago. Thanks for the answers :-) Wrong, Quark was the first to bring multi hashing to public awareness. Quark is still more secure than Darkcoin +2 Title: Re: Next evolution of Altcoins Post by: Madychoux on March 05, 2014, 03:01:24 PM I think you bought those coins, that's why you listing the here lol Of course I'm a miner and I've mined and sold those coins. That's why I'm starting a discussion, because I don't understand how miners like me, can whatever is the benefit of other cryptos, mine coins : - Using 2 times more power consumption - Having 2 or 3 times less hash power I'm not promoting specific coins, the only coins I hold are Dogecoins !!! But because of my reaction toward those questions, I wanted to discuss it. Title: Re: Future evolution of Altcoins Post by: pandher on March 05, 2014, 03:26:35 PM The only real revolution in mining can be completely removing the mining part. No precious energy wasted for years. And that is exactly what Coin2 did. The most ecofriendly and fairly distributed coin ever But how could the network hashrate could be as secured as the one for BTC or LTC ?! We dont need high hashrates, we need only about 5mhs to keep the network running. Why would anyone attack the network when there are 0 block rewards. Title: Re: Future evolution of Altcoins Post by: traderman on March 05, 2014, 04:32:42 PM To be honest I think the alt community needs to focus on the coins that can really bring something to the table instead of running to the latest clone thinking it will make them rich. But human nature is such unfortunately.
Title: Re: Future evolution of Altcoins Post by: Madychoux on March 05, 2014, 08:37:05 PM To be honest I think the alt community needs to focus on the coins that can really bring something to the table instead of running to the latest clone thinking it will make them rich. But human nature is such unfortunately. I totally agree !! Title: Re: Future evolution of Altcoins Post by: tbitt on March 05, 2014, 09:02:51 PM To be honest I think the alt community needs to focus on the coins that can really bring something to the table instead of running to the latest clone thinking it will make them rich. But human nature is such unfortunately. +1 I'm already only concentrating on coins that I hope to see widely used in future. We don't need so many new coins. Concentrate on making available coins stronger and it will benefit whole industry. This pump and dump is not making any good in general. Title: Re: Future evolution of Altcoins Post by: Netnox on March 06, 2014, 09:49:40 AM To be honest I think the alt community needs to focus on the coins that can really bring something to the table instead of running to the latest clone thinking it will make them rich. But human nature is such unfortunately. +1 I'm already only concentrating on coins that I hope to see widely used in future. We don't need so many new coins. Concentrate on making available coins stronger and it will benefit whole industry. This pump and dump is not making any good in general. I agree Litecoin, Peercoin, Namecoin, Quark These are the only Cryptos i know besides Bitcoin that bring something new to public awareness. Litecoin an Quark have so many clones. Title: Re: Future evolution of Altcoins Post by: pns2k on March 06, 2014, 10:28:43 AM NXT should be put on that list. In near future I also think NEM can be there.
Title: Re: Future evolution of Altcoins Post by: Madychoux on March 06, 2014, 03:16:31 PM NXT should be put on that list. In near future I also think NEM can be there. What does NEM bring new ? Don't know this coin at all. Title: Re: Future evolution of Altcoins Post by: rokkyroad on March 06, 2014, 05:22:07 PM To be honest I think the alt community needs to focus on the coins that can really bring something to the table instead of running to the latest clone thinking it will make them rich. But human nature is such unfortunately. You could not be more right traderman. That's why I've invested in Gridcoin and Maza. They both have * moral * value. Title: Re: Future evolution of Altcoins Post by: XbladeX on March 07, 2014, 08:03:48 AM NXT should be put on that list. In near future I also think NEM can be there. What does NEM bring new ? Don't know this coin at all. There will be NXT type coin but equal shares for all devs and others. Last time looks all want sell own coins it looks more like cryptocompanies selling products More pemine the better "shining" star is coming crypto is starting being pond full of premine shit guys. 1st crypto has clear spiryt decentralization > annomity > p2p all equal chance. Now premine > sell coin > marketing model > earn as much you can > fuck whole idea of crypto p2p freedom Premine coins are simply commercial products. Title: Re: Future evolution of Altcoins Post by: pinkflamingopanther on March 18, 2014, 04:01:22 PM NXT should be put on that list. In near future I also think NEM can be there. What does NEM bring new ? Don't know this coin at all. There will be NXT type coin but equal shares for all devs and others. Last time looks all want sell own coins it looks more like cryptocompanies selling products More pemine the better "shining" star is coming crypto is starting being pond full of premine shit guys. 1st crypto has clear spiryt decentralization > annomity > p2p all equal chance. Now premine > sell coin > marketing model > earn as much you can > fuck whole idea of crypto p2p freedom Premine coins are simply commercial products. Agreed that premine are simply commercial products and should be avoided. What we need is the next step as mentioned before. What really does come after scrypt? Because it's not one of the silly variants out there already. I like the Gridcoin idea because it actually brings back the computing power to something useful, but how do we get the greed inherent in human nature to actually get a project like that to really catch on? World community grid existed long before crypto's did, they're just trying to reclaim some of the computing power, but they can't pay us, they're poor scientists! Title: Re: Future evolution of Altcoins Post by: ShroomsKit_Disgrace on March 18, 2014, 04:58:16 PM NXT should be put on that list. In near future I also think NEM can be there. What does NEM bring new ? Don't know this coin at all. There will be NXT type coin but equal shares for all devs and others. Last time looks all want sell own coins it looks more like cryptocompanies selling products More pemine the better "shining" star is coming crypto is starting being pond full of premine shit guys. 1st crypto has clear spiryt decentralization > annomity > p2p all equal chance. Now premine > sell coin > marketing model > earn as much you can > fuck whole idea of crypto p2p freedom Premine coins are simply commercial products. I don't get why you say that about "premined" coins (as NXT or NEM). I am not a miner so I donīt really see the actual difference between buying a 10000$ minning rig to mine altcoins or spend those 10000$ on buying some NXT. I think that many ppl who are against "premined" coins are just against them because they cannot profit from their expensive minning equipment. Nothing more. Title: Re: Future evolution of Altcoins Post by: jonnysomething on March 18, 2014, 06:14:19 PM NXT should be put on that list. In near future I also think NEM can be there. What does NEM bring new ? Don't know this coin at all. There will be NXT type coin but equal shares for all devs and others. Last time looks all want sell own coins it looks more like cryptocompanies selling products More pemine the better "shining" star is coming crypto is starting being pond full of premine shit guys. 1st crypto has clear spiryt decentralization > annomity > p2p all equal chance. Now premine > sell coin > marketing model > earn as much you can > fuck whole idea of crypto p2p freedom Premine coins are simply commercial products. I don't get why you say that about "premined" coins (as NXT or NEM). I am not a miner so I donīt really see the actual difference between buying a 10000$ minning rig to mine altcoins or spend those 10000$ on buying some NXT. I think that many ppl who are against "premined" coins are just against them because they cannot profit from their expensive minning equipment. Nothing more. Lack of premine helps the miners. The miners don't add long term value to the coin. People need to stop developing coins FOR MINERS. Why is anyone surprised to see a pump and dump from a coin that is automatically on exchanges at launch with no safety nets in place? You have to realize that the mining community is NOT important. BitCoin was NOT focused on miners, it was focused on making an inexpensive way to send money. There will be miners interested in your coin, and if your coin is worthwhile that number of miners will grow organically. Too many people focused on getting rich quick. There seems to be some people with a good head on their shoulders in this thread.. For you guys, check out the link in my sig. Title: Re: Future evolution of Altcoins Post by: cryptonewbie on March 18, 2014, 06:23:16 PM Anoncoin. Might be the next revolutionary coin when they implement Zercoin technology.
Title: Re: Future evolution of Altcoins Post by: ThePatient on March 18, 2014, 06:24:59 PM Why does everyone here skip over einsteinium.
Inb4 generic: it sucks ::) Its a good coin... Title: Re: Future evolution of Altcoins Post by: jonnysomething on March 18, 2014, 06:39:15 PM Why does everyone here skip over einsteinium. What purpose does it serve?Inb4 generic: it sucks ::) Its a good coin... Title: Re: Future evolution of Altcoins Post by: HCLivess on March 18, 2014, 08:04:18 PM I'm bumping this thread because it is a good one with a lot of useful information. What do you think about Heavycoin and it's voting implementation?
I am beginning to agree that Quark got a lot of shit undeservedly and DarkCoin has a lot of potential in it. Good note on that Chaincoin comparison, thank you! Title: Re: Future evolution of Altcoins Post by: cryptonewbie on March 18, 2014, 11:42:57 PM I'm bumping this thread because it is a good one with a lot of useful information. What do you think about Heavycoin and it's voting implementation? I am beginning to agree that Quark got a lot of shit undeservedly and DarkCoin has a lot of potential in it. Good note on that Chaincoin comparison, thank you! If you like the potential of Darkcoin, what about Anoncoin? There will be truly anonymous transactions finally. Title: Re: Future evolution of Altcoins Post by: porcupine87 on March 19, 2014, 12:09:31 AM Well people, nearly each day a new altcoin is created and it really looks like a big mess... After having been looking for "real" new "revolutionary" coins, I only found few of them : - Darkcoin : => Darksend : Anonymous blockchain transactions => Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo => Power efficient : I get 3 times higher hashing rate compared to scrypt and consuming half my usual power (1180W instead of 2420W on Scrypt mining) => Difficulty adjusts every block I like Darkcoin,too. But I don't see the power efficiency. Higher security means that more ressources are used for hashing. Which algorrithm (I think they are all secure) doesn't matter... Quote Quark is still more secure than Darkcoin Is the hashrate for quark higher? I don't think so. Quarkcoin has an output of 4$ per hours (120coins). Darkcoin has an output of about 400$(500 coins). Because miners have to be profitable, I think you are wrong...Title: Re: Future evolution of Altcoins Post by: wallstreetcoiner on March 19, 2014, 02:44:40 AM I'm bumping this thread because it is a good one with a lot of useful information. What do you think about Heavycoin and it's voting implementation? I am beginning to agree that Quark got a lot of shit undeservedly and DarkCoin has a lot of potential in it. Good note on that Chaincoin comparison, thank you! I agree. This thread contains a lot of useful information. http://thetwist03.files.wordpress.com/2012/07/dark-helmet-spaceballs-cosplay-comic-con-2012.jpg One way I like to evaluate altcoins is to think about their future use in the real world. For any of these coins to be successful, we need joe smith down the block (and his two teen sons) to use them as currency. So - I imagine myself in a store with a clerk behind the counter, and I need to ask her if they accept my coin of choice. Which one feels/sounds better? 1. Excuse me mam, do you except Quark for payment? 2. Umm, Hi, do you guys take darkcoin? lol 3. or - greetings, I was curious if your store accepts goldcoin? It doesn't take a rocket scientist to find the correct answer. Consumers want their money to be shiny and cool, not dark and quarky. Title: Re: Future evolution of Altcoins Post by: dekdek on March 19, 2014, 03:52:50 AM NXT should be put on that list. In near future I also think NEM can be there. +1 , for NXT and project build on top :) |
