LOL this seems like another type of premine. The developers already have adopted their cgminer/gpu miners to mine this. They probably have 100s (if not 1000s) of systems ready to go while the rest of the masses will be stumbling along with the lousy inefficient client.
They catered to the whiney CPU miners which have no stake in alt coin hashrate. And in turn make the criminal botnets majority holders of Maxcoin. This had to be the plan from the start. No dev is this clueless/incompetent. Your clueless now go away already and take your crying off to one of the other pump and dump profit making coins. Bye bye. |
|
|
|
Hm, maybe it was mistake. Some of them was DEcrypted by hacker. If you know hashed password, within 5-20 hours you can decrypt it into unencrypted one.
This is complete BS. md5 passwords, if used in a right way, take years to decrypt. Of course a password like 12345 can be decrypted in matter of seconds using rainbow tablets, but if this is the case, then it's a slap in the face for your to allow such passwords OK lets say this is true.. Let me understand this. You received a message form a hacker claiming he has hacked site and got passwords. He has taken coins from a few accounts and asked you for 10 btw or you will loose rest. HUMMM.. OK Firstly why didn't the hacker just take everything and make more? Hackers who steal are not nice people that will just say,.. ok just give me a little and ill leave you rest. SO think for a second.. He claims to have decrypted hashed passwords ( I DONT THINK SO ) Is it not more likely someone has created 10 + accounts.. Deposited coins to all accounts.. Empited all those accounts and then pretended to be a hacker and blackmail you for btw? |
|
|
|
LMAO. create exchange. watch serious amount of funds come in in crypto coins. use excuse site got hacked. close site down. cash in on coins. What a way to rob people  Nice idea, but no. If we rob people - why do we even refund anything? Why just don't run with all funds? Please post all logs here. Hacker activity log from website. Hacker message to you. IP of hacker who sent message. And logs of funds returned to people If any have been returned. We will start refunds in 2 hours, if we find enough sponsors to refund all. Just now we have 75% of needed money. OK explain something. Hacker threatening to take all funds if you don't pay him. So you come to a PUBLIC forum and announce it rather than.. QUICKLY returning coins to people before hacker gets chance to do anything. COME ON pull the other one it has bells on it |
|
|
|
LMAO. create exchange. watch serious amount of funds come in in crypto coins. use excuse site got hacked. close site down. cash in on coins. What a way to rob people Nice idea, but no. If we rob people - why do we even refund anything? Why just don't run with all funds? Please post all logs here. Hacker activity log from website. Hacker message to you. IP of hacker who sent message. And logs of funds returned to people If any have been returned. |
|
|
|
LMAO. create exchange. watch serious amount of funds come in in crypto coins. use excuse site got hacked. close site down. cash in on coins. What a way to rob people |
|
|
|
So the coin launches at 19:30GMt and not 7.30PM GMT on Wednesday 5th February 2014 as it says on the first post It's the same thing  not to someone who's 50, went to school and lives in the UK  the dev sounds like they're talking cryptically to me "So the coin launches at 19:30GMt and not 7.30PM GMT on Wednesday 5th February 2014 as it says on the first post" LMAO if your 50 and don't know the difference between AM & PM then damn. |
|
|
|
People who say botnets ruin CPU coins are idiots. Just like with any coin botnets are an issue. Bitcoin has them, litecoin has them. What makes people think that botnets can't use GPU's just as much as they can use CPU's?
This is either an obvious troll or someone very new to the scene. Either way, I don't have the time to walk you through initial difficulty jumps. There's a big difference mathematically between botnets on an initial launch vs established coins such as Bitcoin/Litecoin. Sorry I read your post completely wrong. Wife was talking to me as i read it. I take back what I said. |
|
|
|
|
Ok Well I had not seen that post.
This line though
"These should also be ready for launch and for use with pools" Does indicate a separate miner but if this does not get released on Wednesday at 7.30 then my comments still stand. However if they do release this then yes Bot Nets will just be able to use it.
Lets hope they don't release the miner for a while then that will hold back the Bot Nets ( AS I POINTED OUT )
|
|
|
|
2 hours in.
Bot net joins pool.
 We aren't talking about creating a new network of zombie machines here, we are talking about people who can rent an existing botnet/use one they operate themselves. Depending on the individual download speed of each machine, we're looking at a matter of minutes before that machine is mining away. So how are they going to get the bots mining? Where will they get the code to mine from? You are assuming the devs release the code immediately on git. If they don't do you honestly think they can reverse engineer the code from an exe that quick? Is this guy trolling us? Another CPU only supporter, I assume. I have plenty of gpu's but I like the idea of this coin being cpu only. Anyway waiting for the answer to my question. Maxcoin uses a modded sha-3 algorithm so waiting for you to tell me how the bot controllers are going to get hold of the code so quickly and get on their networks in minutes. You really don't know how botnets work do you? Imagine an IRC channel, with hundreds of zombies listening for your trigger command to execute. It will take the botnet as long as it takes a solo miner to start mining away. LMAO.. yes I know. Right tell me. How does the cpu on that controlled computer mine? Now as far as I am aware the wallet for this coin will contain the mining code and the wallet will do the mining. So unless that code is released straight away then the people who run the bot nets will not have access to the code. Without access to the code how can they run anything to mine on the controlled computer? For a cpu to mine it has to have something executed on that machine. Be it via an executable or a script running in something like a browser. So if the bot net owners only have a wallet and no source code HOW CAN they activate the mining on a controlled cpu They cant. So going back to what I said initially. HOW will the bot nets be active in minutes when as far as I'm aware the code will not be available straight away. You know a program can run in the background without showing any obvious signs in the GUI right? Either you are trolling or I am wasting my time hammering an iron nail in a rock. In any case, I am done. I am wasting my time with you it seems as clearly you do not have a clue. You are assuming there is mining software. If the only mining software is the wallet then no bot net unless you are about to tell me the bot net will transfer the wallet onto the target machine, execute it and then connect to transfer coins to its own wallet LMAO. Anyway I have software to write and don't have the time to teach muppets the obvious. There will be mining software separate from the wallet available at launch. Already confirmed by the devs. Where was it confirmed? Iv been following their twitter and the only thing I have seen ( apart from indicating the miner will be in the wallet ) is when they asked if someone could do a gpu miner before wednesday. |
|
|
|
2 hours in.
Bot net joins pool.
We aren't talking about creating a new network of zombie machines here, we are talking about people who can rent an existing botnet/use one they operate themselves. Depending on the individual download speed of each machine, we're looking at a matter of minutes before that machine is mining away. So how are they going to get the bots mining? Where will they get the code to mine from? You are assuming the devs release the code immediately on git. If they don't do you honestly think they can reverse engineer the code from an exe that quick? Is this guy trolling us? Another CPU only supporter, I assume. I have plenty of gpu's but I like the idea of this coin being cpu only. Anyway waiting for the answer to my question. Maxcoin uses a modded sha-3 algorithm so waiting for you to tell me how the bot controllers are going to get hold of the code so quickly and get on their networks in minutes. You really don't know how botnets work do you? Imagine an IRC channel, with hundreds of zombies listening for your trigger command to execute. It will take the botnet as long as it takes a solo miner to start mining away. LMAO.. yes I know. Right tell me. How does the cpu on that controlled computer mine? Now as far as I am aware the wallet for this coin will contain the mining code and the wallet will do the mining. So unless that code is released straight away then the people who run the bot nets will not have access to the code. Without access to the code how can they run anything to mine on the controlled computer? For a cpu to mine it has to have something executed on that machine. Be it via an executable or a script running in something like a browser. So if the bot net owners only have a wallet and no source code HOW CAN they activate the mining on a controlled cpu They cant. So going back to what I said initially. HOW will the bot nets be active in minutes when as far as I'm aware the code will not be available straight away. You know a program can run in the background without showing any obvious signs in the GUI right? Either you are trolling or I am wasting my time hammering an iron nail in a rock. In any case, I am done. I am wasting my time with you it seems as clearly you do not have a clue. You are assuming there is mining software. If the only mining software is the wallet then no bot net unless you are about to tell me the bot net will transfer the wallet onto the target machine, execute it and then connect to transfer coins to its own wallet LMAO. Or maybe its a case you didn't read what I said ( from what I read the WALLET has the mining code ) Or maybe you just don't actually understand how computers work. |
|
|
|
2 hours in.
Bot net joins pool.
We aren't talking about creating a new network of zombie machines here, we are talking about people who can rent an existing botnet/use one they operate themselves. Depending on the individual download speed of each machine, we're looking at a matter of minutes before that machine is mining away. So how are they going to get the bots mining? Where will they get the code to mine from? You are assuming the devs release the code immediately on git. If they don't do you honestly think they can reverse engineer the code from an exe that quick? Is this guy trolling us? Another CPU only supporter, I assume. I have plenty of gpu's but I like the idea of this coin being cpu only. Anyway waiting for the answer to my question. Maxcoin uses a modded sha-3 algorithm so waiting for you to tell me how the bot controllers are going to get hold of the code so quickly and get on their networks in minutes. You really don't know how botnets work do you? Imagine an IRC channel, with hundreds of zombies listening for your trigger command to execute. It will take the botnet as long as it takes a solo miner to start mining away. LMAO.. yes I know. Right tell me. How does the cpu on that controlled computer mine? Now as far as I am aware the wallet for this coin will contain the mining code and the wallet will do the mining. So unless that code is released straight away then the people who run the bot nets will not have access to the code. Without access to the code how can they run anything to mine on the controlled computer? For a cpu to mine it has to have something executed on that machine. Be it via an executable or a script running in something like a browser. So if the bot net owners only have a wallet and no source code HOW CAN they activate the mining on a controlled cpu They cant. So going back to what I said initially. HOW will the bot nets be active in minutes when as far as I'm aware the code will not be available straight away. |
|
|
|
2 hours in.
Bot net joins pool.
We aren't talking about creating a new network of zombie machines here, we are talking about people who can rent an existing botnet/use one they operate themselves. Depending on the individual download speed of each machine, we're looking at a matter of minutes before that machine is mining away. So how are they going to get the bots mining? Where will they get the code to mine from? You are assuming the devs release the code immediately on git. If they don't do you honestly think they can reverse engineer the code from an exe that quick? Is this guy trolling us? Another CPU only supporter, I assume. I have plenty of gpu's but I like the idea of this coin being cpu only. Anyway waiting for the answer to my question. Maxcoin uses a modded sha-3 algorithm so waiting for you to tell me how the bot controllers are going to get hold of the code so quickly and get on their networks in minutes. |
|
|
|
2 hours in.
Bot net joins pool.
We aren't talking about creating a new network of zombie machines here, we are talking about people who can rent an existing botnet/use one they operate themselves. Depending on the individual download speed of each machine, we're looking at a matter of minutes before that machine is mining away. So how are they going to get the bots mining? Where will they get the code to mine from? You are assuming the devs release the code immediately on git. If they don't do you honestly think they can reverse engineer the code from an exe that quick? |
|
|
|
People who voted CPU-only haven't been around long enough or aren't tech savvy enough to appreciate the power of botnets.
I don't have a GPU farm so I'd love CPU only to be viable and fair for the masses, but unless you have some genius innovation to nullify botnets, its a pipe dream.
All we can do is fire up some cloud servers for a few hours and hope to do battle with the botnets until it becomes unrealistic. That's not particularly fair for anyone with a single CPU home computer though..
LOL try using your brain. Coin release 7.30. CPU mined. Probably a lot of solo miners. ( no bot nets at this point because it would be at least a few hours before they could even get the network configured ). 2 hours in. Bot net joins pool. Solo miners join pool.. everyone mines in pools and making coins. NOW HOW ABOUT GPU. 7.30 coin release. GPU miners with huge farms jump on. No one with under 2-3 gpu's can solo because gpu farms too big. Everyone join pools. GPU miners pump ready to dump. SO.. what looks better here.. To me its cpu mine only but hey if your a massive gpu farmer of course your going to cry wolf because all you are into crypto coins for is a quick pump and dump and boost the bank balance. LOL a few hours to jump in with a botnet?...more like..2 minutes.. LOL you honestly believe that don't you. Now explain how someone with a bot net would go about achieving that in a couple of minutes. Explain the process of getting each infected machine setup to mine the coin. I want each step because I know you will not be able to explain it as clearly you have no idea. |
|
|
|
People who voted CPU-only haven't been around long enough or aren't tech savvy enough to appreciate the power of botnets.
I don't have a GPU farm so I'd love CPU only to be viable and fair for the masses, but unless you have some genius innovation to nullify botnets, its a pipe dream.
All we can do is fire up some cloud servers for a few hours and hope to do battle with the botnets until it becomes unrealistic. That's not particularly fair for anyone with a single CPU home computer though..
LOL try using your brain. Coin release 7.30. CPU mined. Probably a lot of solo miners. ( no bot nets at this point because it would be at least a few hours before they could even get the network configured ). 2 hours in. Bot net joins pool. Solo miners join pool.. everyone mines in pools and making coins. NOW HOW ABOUT GPU. 7.30 coin release. GPU miners with huge farms jump on. No one with under 2-3 gpu's can solo because gpu farms too big. Everyone join pools. GPU miners pump ready to dump. SO.. what looks better here.. To me its cpu mine only but hey if your a massive gpu farmer of course your going to cry wolf because all you are into crypto coins for is a quick pump and dump and boost the bank balance. |
|
|
|
gpu miner = bad idea.
cpu only = good idea
gpu miner = secure network cpu only = botnet control Seriously, the CPU supporters are either quite ignorant or botnet ops. GPU Miner = GPU farm control. CPU Only = a fair chance for everyone. Seriously, the GPU supporters know they're only saying it's unsafe because they want the advantage at launch to get more coins. Botnets can still mine it either way. If you want to lose half of your potential miners because they can't compete with GPU miners, that's going to put more power into the hands of a minority. And you think your laptop can compete with botnet? Get a job, buy a card, and contribute to the alt coin hash rate rather than cry about it. Grow up kiddo. Take it this guy has a massive GPU farm. This coin is CPU. Looks like you will only get what the rest of us gets so stop crying about it. Grow up kiddo. |
|
|
|
A Basic example for you. Think of a rng generator. It has to pick a number from 0-99 and needs to pic the number 0. Think of that as the way a block is generated ( OK I KNOW ITS NOT BEFORE PEOPLE SLAM IT…its an example. )
Now think about 2 cpu's running a loop
int result = 100;
while( result > 0 )
result = random(100);
That loop will continue until result = 0; Not going to calculate exact clock cycles of that loop or how fast either cpu could execute it but lets say hypothetically that the 4.3 ghz cpu could loop it 4.3 times faster than the 1ghz cpu. It means it has 4.3 times the chance of hitting 0 before the 1ghz. Ok randomness gives both cpu's a chance but the 4.3 ghz has more of a chance.
So this is basically my lottery example and you are agreeing with me.  Now consider 2 1ghz cpu;s running that loop. They are both running it at same speed but the odd's of them hitting it before the 4.3 is only slightly more. They are still running at 1ghz though. They are not running twice as fast because there are 2 of them they are both running at the slower speed.
What? Some time ago I had to write a test harness to test some data and speeds. I suggest you do the same. create a little app. Create 6 threads. Run 1 thread 4.3 times the speed of the other 5. Write a number generator that uses at least 1000 clock cycles ( a sha-3 algorithm will probably use more than that ). Run it for an hour and log how many times each threads come to the correct result. We could discuss this for hours but until you actually see the figures there is no point discussing it any more. If you do it then come back and show me your results It is a lottery in a way and Chaos predicts anything could happen but when it comes down to practise the numbers speak for themselves. How do you make a thread 4.3 times faster than others? I might try that experiment. There is no exact way to do it but the way I would do it to get roughly an emulation is to thread.sleep( 100 ) on fast thread and thread.sleep( 430 ) on others. Like I say this is not that close but it is close enough. Also remember that when one of the threads finds the result then Restart all threads as this is roughly what you need to emulate for when a block is found. Also use a mutex to make sure if one thread finds the result then the other threads cannot jump in quickly before the restart. |
|
|
|
Is there a place where you can see the difference of the price before and after it got on Cryptsy?
When did it go on crptsy? |
|
|
|
Are you going to release an external miner? Otherwise I don't see how pools will be available at launch. Seeing as this is supposedly a different implementation of SHA-3, everyone will be forced to just mine through the wallet solo initially.
I think the official website mentioned pool will be available at launch. This is from devs twitter Luke Crypto @LukeCrypto 12h @craig_williams1 Hey. We're currently in conversation with two pools. They're porting the software as we speak. |
|
|
|
|
Anyone else see this in maxcoin twitter
MaxCoin @maxcoinproject 12h
Are there any cgminer guru's willing to lend a hand? We're trying to get a GPU miner built for Wednesday's launch
|
|
|
|
|
Show Posts
