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You know what? Do you guys want a little hint about something we're building?
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It takes a bit longer to hand code things and roll them out, not only is there the conceptual phase of developing, but there is the testing phase as well. These however are the things that define current long term alts in the market, they are their long term for the originality in their technology.
We're in the very early stages of development, to everyones initial surprise the coin rose rapidly in value simply on listing on a major exchange. We're excited to see how our contributions to the code base can increase the coins worth, and propel us forward as we become a main stream alt.
We're pushing for Cryptsy and Poloniex as well, we hope they list us soon!
Thanks,
Axiom Team
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We're really looking at the current way that most coins operate, and we're searching out flaws that exist in not just BTC but all current alts. We're taking this head on and we're going to raise the bar.
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Hello Axiom community, State of the Coin Report We know we've been a bit slow to respond and answer questions in the ANN today. We're a 3 person team and we work 12-14 hours a day on this project. If we were to choose a singular point we want to spread through the community it is that we're not Copy Pasta developers, majority of what we do is hand coded by us. Creating something NEW instead of mixing the same bag of features repeatedly is what we aim to do, and will succeed at. We're a long term project. We have been watching the ann and observing. We noticed a lot of people asking about the lengthy synchronization of the wallet. This is because of the increased security of this coin. We have however tested our multi threaded sync and it works beautifully as designed from scratch. This will be a necessity all coins, and frankly it would make a large impact on bitcoins ease of use if utilized there. We're looking forward to releasing this and a few other tweaks shortly. Our ANN rework is coming along and in the final stages, we will have a detailed paper on the current technology that we have in the coin, and a few things we are working on. Also, for those interested, we are writing a short paper on ECDSA technology, exploits and weaknesses and why other technology is necessary. The network however is exceedingly strong, the wallet has over an absolutely incredible amount of people opening it, so many so that our current listing of nodes is struggling to keep up. We are adding more nodes now to handle the demand. We're very excited to work on this project, the current price action does not phase us because we as developers know that the power to impact price rests firmly within our hands, and we plan to unleash that power. Axiom Team |
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Those with no connection, do you happen to be on windows 10?
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in the op still that : CPU Only Mining On page 4, Lerner says "When RandMemoHash is used for proof of work, it can prevent the use of GPUs or ASICs for spamming or obtaining a speedup over standard computers change it, its a lie  Hi Jimn, When the coin was initially created GPU miners were not possible. We're in the midst of a total overhaul of the OP and we will be making the appropriate changes at that time  Thanks, Axiom Team |
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AXIOM has been listed on CoinMarketCap. |
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I think what Sergio meant is that no real testing was done with different GPUs. You Dev, you have precipitated in the launch and should clarify that well.
Nothing yet nobody says unlike other more established currencies, with more community (Digibyte ... etc).
If everything has been based on innovation, but this does not exist.... WTF?.... I hope to see that keeps coming out of the hat magician
We get it, you don't like the coin, you were in here at launch calling us a scam and a dump coin.. Why are you wasting your valuable time reiterating your disdain for us over and over. Go do something constructive instead. We launched the coin day 1 with features that many regard as interesting. Perhaps contribute something of innovative value to the project yourself? |
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It certainly was wonderful to have Sergio stop in and wish us well ! Our heads are down working tonight, updates coming. |
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The ANN has been updated with a much more coherent Block Rewards Schedule. It is reproduced below for your convenience: Block Rewards Schedule
Proof of Work (POW) Schedule
Blocks 1 - 800 = 500 AXIOM per block
Blocks 801 - 1440 = 200 AXIOM per block
Blocks 1441 - 5040 = 100 AXIOM per block
Blocks 5041 - 9360 = 50 AXIOM per block
Blocks 9361 - 13680 = 25 AXIOM per block
Blocks 13681 - 18000 = 10 AXIOM per block
Blocks 18001 - 156240 = 5 AXIOM per block
Blocks 156241 - 160560 = 10 AXIOM per block
Blocks 160561 - 164880 = 50 AXIOM per block
Blocks 164881 - 169200 = 100 AXIOM per block
Blocks 169201 - 173520 = 50 AXIOM per block
Blocks 173521 - 177840 = 25 AXIOM per block
Blocks 177841 - 182160 = 10 AXIOM per block
Blocks 182161 - 707760 = 5 AXIOM per block
Blocks 707761 - 1233360 = 2.5 AXIOM per block
Blocks 1233361 - 1758960 = 1.25 AXIOM per block
Blocks 1758961 - Forever = 1 AXIOM per block
Proof of Stake (POS) Schedule
Blocks 1 - 800 = 200 AXIOM per block
Blocks 801 - 1440 = 200 AXIOM per block
Blocks 1441 - 5040 = 100 AXIOM per block
Blocks 5041 - 9360 = 75 AXIOM per block
Blocks 9361 - 13680 = 60 AXIOM per block
Blocks 13681 - 18000 = 50 AXIOM per block
Blocks 18001 - 156240 = 5 AXIOM per block
Blocks 156241 - 160560 = 80 AXIOM per block
Blocks 160561 - 164880 = 200 AXIOM per block
Blocks 164881 - 169200 = 110 AXIOM per block
Blocks 169201 - 173520 = 60 AXIOM per block
Blocks 173521 - 177840 = 40 AXIOM per block
Blocks 177841 - 182160 = 20 AXIOM per block
Blocks 182161- 707760 = 5 AXIOM per block
Blocks 707761- 1233360 = 2.5 AXIOM per block
Blocks 1233361 - 1758960 = 1.25 AXIOM per block
Blocks 1758961 - Forever = 1 AXIOM per block |
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What kind of mining speeds are you reaching with certain CPUs?
Is 180 H/s good or bad for Intel 5930K ?
Very good outputs for that CPU |
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take your time devs  quality above quantity  Our code will be perfect, no worries! |
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AXIOM developers pinged me to give an opinion on the GPU speedup of the AXIOM PoW function.
I wrote the draft of the paper about RandMemoHash back in 2013, after playing with RandMemoHash a bit. I tested it with a SINGLE GPU (that was even older), and could not get any speedup. My paper does not show any proof, not any real world comparison over several GPU models, so it is definitively unfinished. The suggested parameters are not proven to be valid for all existent GPU models (and less for future models). People should never take for granted what an non-peer-reviewed privately-published draft paper says.
I would have liked that Axiom developers would have pinged me to give an update on it before implementing it.
Having said this, I find that a 5x GPU speedup quite good resistance, considering that a GPU is generally better than a CPU in almost every task. CPUs are good at executing large programs, doing paging, protecting memory, doing I/O. Nothing that a PoW can make use of.
GPU memory system is designed for throughput, and it has generally about 6 times the bandwidth available to a CPU. RandMemoHash bottleneck is the DDR/GDDR memory bus, so that speedup can be expected.
Also you must consider power-usage in the equation: that may make it better or worse for GPU-mining.
I don't know if tweaking the parameters would improve it. Maybe using 8 MB instead of 2 MB can prevent the use of some L2 caches in some boards. But the more space you require, the slower it is to verify the PoW. And this is a cat-and-mouse race, since future models will probably increase the size of the cache.
The Axiom developers & community could collect some real world numbers and try to find an improved parameter set (if it is really needed and if there is a better one).
I wish AXIOM users the best luck.
Sergio.
Sergio, Thank you so very much for making a presence in our ann. While we were conducting our research on GPU resistance algorithms the RandMemoHash seemed like the best option available. We're currently assessing the impact of GPU's on our current distribution model. We're warming up to them because they are not nearly as efficient as people initial suspected. The electricity cost is also a major factor in their efficiency as well. Currently, they do not have much of an advantage if at all. Thank you so much Sergio, we look forward to reading more of your draft papers and we look forward to doing great things as a collaborative community utilizing the research that is available to us to improve our crypto currency ecosystem. Axiom Team |
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Currently, we still have ports for miners closed, but we will open them soon (we are preparing good one page news where our miners can get all the info how to mine Axiom). Meanwhile, we are letting some orders to be put on. So go on, and bid Of course, we hope that this algo stays CPU only (or with only slight GPU advantage). We have a lot of miners that have been asking which algo to mine with CPUs, hopefully this is it. Thank you so much Nicehash! You guys are awesome, this will be the CPU algo they are looking for. Also, because of sites like nicehash, in the event of a gpu miner it really does serve to level the playing field by putting those hash levels in to an acquirable scenario. Thank you for levelling the field! Thanks, Axiom Team |
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IMPORTANT NOTICE! IMPORTANT NOTICE! IMPORTANT NOTICE! IMPORTANT NOTICE!
- You don't have own Axiom miner?
- Do you have slow CPU?
- You want more Axiom hashing power?
Then go to NiceHash and get yourself some Axiom hashing power! Uh.. now with nicehash you can forgot about gpu's... this coin has nothing special anymore... Actually, we like nicehash. It makes a higher hash amount available to those who may not have mining equipment available. Thanks Nicehash! |
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Going back to 20k, and i tripled my coin. It's good to have faith sometimes.
Man, I almost lost it. Small challenges like these often present themselves on crypto related projects. What will separate us from the many others is our ability and tact for solving them as they arise. Thanks for believing in us. |
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to be fair, i also "sold" it for dev purpose to suprnova owner, i guess that can be useful to test the pool settings and the difficulty The gpu speed is not so high compared to the cpu (avg 300H/s per card)... cuda is very close to a cpu (with a lot more transistors) and its normal there is an advantage from "compute cards"... Precisely why we're not particularly worried about this right now, we feel it is more efficient that we complete the tasks we've already started than divert ourselves to solving what we consider to be a minor problem that can be solved should it become necessary. Thanks Epsylon3. In fact, it's still more profitable to buy and stake than it is to mine on the proposed GPU miner. Axiom Team |
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Thanks for the update @AxiomCryptocurrency, a few of us still have faith . I agree that this is a minor issue and hope it can be resolved quickly (and yes i am a newb so take it with a grain of salt). We're more than capable of modifying the algorithm, adding in another one, or creating our own to eliminate the use of a GPU miner should it become problematic. We would rather be spending our time developing our in wallet decentralized OTC trading system, or our implementation of Curve25519. Should the time need to be spent resolving this, we'll allocate as necessary. |
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From your tweet: $AXIOM has over 600 solo minersNot hardly. Too funny. Another cpu only/private miner coin. I don't usually quote my own posts but it seems appropriate with this coin. Did anyone actually think that there wouldn't be a private GPU miner? Please do not use this event to try and defame the developer team as having a GPU miner, we never had one and we refused to buy it because we don't believe they are necessary. If this becomes an issue, we will simply make the necessary changes to eliminate it. This is just a minor situation that is being magnified by few who are more interested in reducing the price for their own benefit than addressing the actual issue and realizing that it's both minor currently, and completely resolvable. We have yet to see this GPU miner in action, we've got nothing more than a screen shot posted that is simple to create using an editor as basic as microsoft paint, or as simple as modifying the existing minerd code to post a 750Ti and adding a multiplier to the hash so the output is higher. Bottom line We're investigating the GPU miner and if it turns out to be an issue in which few get an unfair advantage the problem will be resolved. Axiom Team |
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There aren't that many coins coming out in POW, and its about to drop lower. From the hashrates we saw in the screenshots, it looks like a GPU is 4x faster than a CPU and will use a lot of electricity. This isn't fair to us CPU miners, but its not such a huge increase that the coin dies. We're considering hard forking and changing the memory requirements on the algorithm, or maybe someone will create a GPU miner for the public. We've also reached out to the cryptographer behind the RandMemoHash algorithm, let's get his attention https://twitter.com/AxiomCrypto/status/626373099647152129 https://bitslog.files.wordpress.com/2013/12/memohash-v0-3.pdf |
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