Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: krisdavison on July 26, 2014, 08:28:20 PM



Title: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: krisdavison on July 26, 2014, 08:28:20 PM
NeoScrypt is being adopted by Phoenixcoin on the 10th of August then Feathercoin (Date To Be Determined) followed by UFOCoin and OrbitCoin.

See full press release here.

http://www.feathercoin.com/neo-scrypt-press-release.pdf


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: escalicha on July 26, 2014, 08:28:52 PM
This is a good new, new algorithm!


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: seedtrue on July 26, 2014, 08:28:59 PM
cool starry


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: Salt.Coin-Lead on July 26, 2014, 08:32:38 PM
Looks like nothing new is coming into place except that it is like scrypt-n. Just more memory intensive then regular scrypt. Did I miss something important here? I get that it's faster on GPU / CPUS then current scrypt implementations would be, but honestly all of the coins posted so far are next to worthless in the long run.


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: youknowthat on July 26, 2014, 08:32:55 PM
dump ? i don't think so ....


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: krisdavison on July 26, 2014, 08:44:51 PM
No it's not like scrypt-n its an improved version of scrypt that deals with some of the known vulnerabilities. Its what Scrypt should have been. Obviously Scrypt was good for when it was created. But this is a more modern approach that will allow coins to become ASIC resistant again. At least for now.

I've read the white paper its very good. And should be available soon.


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: Conqueror on July 26, 2014, 09:03:25 PM
No it's not like scrypt-n its an improved version of scrypt that deals with some of the known vulnerabilities. Its what Scrypt should have been. Obviously Scrypt was good for when it was created. But this is a more modern approach that will allow coins to become ASIC resistant again. At least for now.

I've read the white paper its very good. And should be available soon.

+1 white paper looks good, I suggest to read it when published....


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: Salt.Coin-Lead on July 26, 2014, 10:17:32 PM
AM I missing something or is the press release all that you linked. Is that considered the whitepaper? Idk, I'll be trying this algorithm and hopefully it brings new life to coins, but im skeptical.


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: krisdavison on July 26, 2014, 11:06:57 PM
No your right its the press release only. White paper and github repo links still to come. :) it will be worth the wait!


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: r3wt on July 26, 2014, 11:08:10 PM
I stopped reading when the PDF referred to "ASIC" as Application Specific Integrated Chip.

reading further, it sounds like this is a reduced memory version of Scrypt Jane. that is to say, the scratchpad size in bytes is halved. we'll see when it
s all said and done whether this is anything new.


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: krisdavison on July 26, 2014, 11:57:16 PM
Thanks didn't spot that one. Will feed it back.


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: BTMan on July 27, 2014, 01:18:14 AM
good job for the new algo.


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: Conqueror on July 27, 2014, 03:39:25 PM
GitHub:
https://github.com/ghostlander/NeoScrypt

Whitepaper
http://phoenixcoin.org/archive/neoscrypt_v1.pdf


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: ghostlander on July 27, 2014, 03:47:23 PM
I guess it's better to keep the discussion in a single thread.

NeoScrypt: The Future of CPU and GPU Mining (https://bitcointalk.org/index.php?topic=712650)


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: airon2014 on July 27, 2014, 03:49:02 PM
Oh, 3 million clones in line with 99% scams


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: r3wt on July 27, 2014, 04:49:53 PM
GitHub:
https://github.com/ghostlander/NeoScrypt

Whitepaper
http://phoenixcoin.org/archive/neoscrypt_v1.pdf

Looks ok to me. Hard to tell exactly whats changed without a diff.


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: krisdavison on July 27, 2014, 11:28:40 PM
Read the white paper. All will be explained. Thanks ghostlander for posting the links. :)


Title: Re: [ANN] New Hashing Algorithm Released - NeoScrypt
Post by: kipo on July 27, 2014, 11:34:08 PM
 a good new, new algorithm! ;D