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Title: Moore's Law and Cryptocurrencies Post by: Willisius on March 29, 2014, 10:30:48 AM I've seen some coins here talk about using Moore's Law in difficulty calculation. The thing is, Moore's Law will no longer be applicable in a decade or two. The phenomenon of quantum tunneling prevents transistors from getting small enough to meet the predictions made using Moore's Law.
Are coins developed with this in mind? If not, their difficulties might rise beyond intended levels. Perhaps the magnitude of the rise would be negligible? Title: Re: Moore's Law and Cryptocurrencies Post by: Willisius on March 29, 2014, 10:05:46 PM Self-bumping in search of knowledge.
Title: Re: Moore's Law and Cryptocurrencies Post by: unent on March 29, 2014, 10:16:51 PM The new 3D transistors might keep increasing computer power for a while yet.
http://www.zdnet.com/blog/btl/intel-moores-law-has-been-cubed-welcome-to-3-d-transistors/48216 Title: Re: Moore's Law and Cryptocurrencies Post by: r0ach on March 29, 2014, 11:22:15 PM Title: Re: Moore's Law and Cryptocurrencies Post by: Bit_Happy on March 29, 2014, 11:25:31 PM Wow. What does that mean? Title: Re: Moore's Law and Cryptocurrencies Post by: MicroGuy on March 30, 2014, 12:33:17 AM I've seen some coins here talk about using Moore's Law in difficulty calculation. The thing is, Moore's Law will no longer be applicable in a decade or two. The phenomenon of quantum tunneling prevents transistors from getting small enough to meet the predictions made using Moore's Law. Are coins developed with this in mind? If not, their difficulties might rise beyond intended levels. Perhaps the magnitude of the rise would be negligible? I think as computers evolve, cryptocurrencies will evolve. Difficulty algos can always be tweaked. Title: Re: Moore's Law and Cryptocurrencies Post by: beetterer1 on March 30, 2014, 01:48:26 AM I think the new knowledge and science is to find a breakthrough in the face of suffering in, the only way we can continue to progress.
Title: Re: Moore's Law and Cryptocurrencies Post by: TanteStefana on March 30, 2014, 04:34:53 AM I am not quite sure on this, but I believe eduffield was the first to use moore's law at the beginning of Darkcoin's life. His algorithm didn't work out as he planned and he had to adjust it. You can read about the birth of Darkcoin in a little post he made here:
https://www.darkcointalk.org/threads/the-birth-of-darkcoin.162/#post-1002 I believe he only used the algorithm in order to smoothly reduce the rewards instead of the way bitcoin reduces the rewards every 4 years I big steps. Not really anything to do with future technology, but I could be wrong :) Title: Re: Moore's Law and Cryptocurrencies Post by: slavo on March 30, 2014, 07:25:00 AM nanotube are coming :p
http://www.technologyreview.com/news/519421/the-first-carbon-nanotube-computer/ |
