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Also, goddamn pool problems again? Man, I can't get a break while I'm on vacation! First cryptopools.eu, now stablehash. Need to remote control the miners back home again. Nut2Pools, 3rd times the charm?
Ugh.
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Bump! Foodies is working his ass off for Myriad. This guy is legit.
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Updated the subreddit /r/myriadcoin layout. Have a look:  |
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Looking to buy a few BTC worth of MYR at a fair price. Posting here as it's hard to buy this size order off an exchange. Will be using a trusted escrow for the transaction. Please PM me to work out a deal
Why ? If you wanne buy place your buy wall and set a sign for everybody. This is what the coin needs. Ppl willing to buy the coin. Everybody who shouts for bigger xchanges because of volume just wants to dump. For what it's worth, Poloniex definitely has the largest volume right now. 10+BTC in buy orders at the time of this writing. |
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If anyone has ideas for a good bounty, say it here and it'll get added to the website!
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When a coin has that type of power, amazing things will unfold I bought a load just before the crash, but just before I go out and mop up some ofthe dumps, would you like to address one point that I've heard ? The coin's got all these algos that make it more accessible - great. But doesn't it also expose it to more points of failure ? In other words if you've got 6 algos, you've got 6 times more chance of breaking than if you've got only 1. As I understand it they are not redundant (like aircraft engines - if one fails the others keep going). With multiple algos in 1 coin, if 1 fails the whole coin's sunk isn't it ? (P.S. I'm not trolling. I want to get this out of the way while the coin's on the deck because if it rises the trolls will all appear and that's one thing they'll use). It's actually the opposite. If one algo fails (i.e. it forks), the other 4 algos will carry on the blockchain like normal until the forked algo situates itself on the right blockchain. If you are talking about failure from a pure hashing vulnerability, well then that algo will just promptly be switched out and miners of that coin will need to either pause mining or hop on one of the other 4 algos that will continue to run the blockchain. I don't know if I see any issues with a coin being "overrun" by one algo, where a load of miners jump onto one algo, because the difficulty on that coin will just increase proportionally. Myriad is starting to get the feeling of a 'survival of the fittest' coin. If an algo out there sucks then the other algos will keep pace and the failed algo will be replaced. I don't think it's extra failure points, I think it's extra security. |
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I just donated 25,000 Myriad to the donation address on the OP. I hope it will go to the following causes: -implementing an RPC command that returns network hashrate per algorythm
-algorythm switching mining software for a algo-profit-switching pool
-algo-profit-switching pool
-andoid wallet
-implementation of a 100% proven CPU algorythm (right now qubit and groestl are CPU friendly but not CPU dedicated so while CPU miners can still mine competing with GPUS on fair grounds they still do not have an exclusive algorythm)
-adding a metalayer to Myriad (similar to xcp)
and the list is evergrowing. I would also like to volunteer as a Mod for the Myriadcoin subreddit. The first thing I will do is change the theme to something more updated. I worked on the themes for /r/officialcredits and /r/lazycoins. I will implement the same theme with custom colors on /r/myriadcoin if I can be modded there. On that note, we might want to get a new logo that has 3 main colors in some nice scheme. 5 colors might actually work too to symbolize the 5 algos. But if we get the number of colors worked down it'll be easier to make themes for websites, community pages, paper wallets, etc. This isn't a huge important technological programming hurdle, but I think it's important going forward for a professional appearance of the coin. |
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Hi, I am new to Myriad, just read about it on reddit. Decentralization is a major concern to me and that's why I look deeper in all the solutions that appeared recently. Regarding this point, I would like to understand how Myriad will maintain the distribution of hash power over CPUs, GPUs and ASICs in future. In particular I read this paper: http://www.iis.ee.ethz.ch/~sha3/ethz_gmu_sha3.pdf which describes ASIC implementations for Skein and Groestl. For sCrypt we also already know that ASICs will be state-of-the-art in very near future. So my question is: How will Myriad deal with that? If there will be a time where all five hashing algorithms are basically ASIC-only, what benefits remain having these different approaches? flexibility, don't know if you read my post above, algos can be swapped for other algos with no major impact to the network because the other 4 keep it secure. currently XPM is being tested as a fesable alternative for cpu miners and the development about 80-90% done  sorry 8bit for giving away staff discussions. Thank you. I see your points in your post regarding stability and flexibility and I totally agree. My concerns where more related to decentralization. So if I understand you right, the devs will change one or more of these algorithms in future if the distribution over CPUs, GPUs and ASICs is not fair anymore? Furthermore, CPU only mining also has well known drawbacks (botnets etc.) and nobody can tell how CPU technology will evolve in the next 10 years (more cores or higher clock) and if processing units will appear that are in between of CPUs and GPUs (like stream processors). So how exactly is it possible to design a "100% proven CPU algorithm" that is safe for the future? And how will Myriad react if all these technologies will move closer together so you can not really distinguish between a GPU and a CPU anymore? that's exactly what's bothering us. For now botnet attacks are out main concern that's why we're still not sure if adding one is the best solution. Even x11 is a big question since it's just groestl + a few quark rounds and it fairs almost identical to simple groestl in terms of cpu/gpu profitability ratio so yeah ... we're still pondering things. when the developing is complete we will make sure the community wants a change before we implement it. Sounds like a good track to me. This project is promising and at the current point of my research maybe the best solution to the problems that arised from the Bitcoin experience. I will dig deeper and will keep me updated. Thanks a lot! Thank you for visiting the coin. I'm glad my post on reddit attracted at least one person so far. We need good minds to see the merits of Myriad. I think when you take a good hard look at it it makes Bitcoin, Litecoin, Vertcoin, etc. look instantly outdated. When a coin has that type of power, amazing things will unfold. We just need awareness like someone else was saying. I tried doing my part by making posts on reddit. I'll continue to spread the word so momentum doesn't falter. It's tough to just expect people to click on this thread. I clicked it a few days after launch but it didn't "hit me" like it hit me a week later. It's just how things go with all these spamcoins nowadays. |
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I don't know why the Chinese central authorities want to cede future financial power to the West by banning Bitcoin. Bitcoin could wind up being worth hundreds of trillions of dollars. A poor small country like the Phillipines could choose to aggressively adopt it and become an overnight super power in China's backyard. They better think long and hard about their decision. It could be the best or worst decision they make in hundreds of years.
Perhaps China is not that far-sighted? |
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dumps come from rumors that China Gov will shut down exchanges.
That is the bane of current down spiral.
If it is confirmed, all alt coins will suffer.
I think all coins but the fundamentally sound and innovative ones. But remember, these are just rumors and nothing is confirmed, so it won't be constant dumping. |
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Alright, well this sucks. I just now noticed that my 20mhash on cryptopools.eu is on the wrong fork according to you guys in this thread. Which is the best scrypt pool to switch over to?
http://myr.coinsprofit.com/ I moved here about 8 hours and everything is ok. Actually I think I'm going to join stablehash. They have 40mh vs. coinsprofit's 125mh, so adding my 20mh would be healthier on stablehash. Thanks though! Yeah, but 1% fee, 1% mandatory donation, and 0.1 TX fee? I'm bleeding from every orifice. If it's a mandatory donation, then is it really a donation? Kinda like when I get "voluntold" by my wife. Am I really volunteering? Compare costs before you jump into a pool, they add up over time. There might be a difference between mandatory donation and donations enabled at sign-up. I was just able to disable the 1% donation... Very nice! What the hell are you doing over here? Aren't we supposed to be working on FUNK? I'm on vacation for 5 more days ^_^. Meanwhile I'm mining Myriad because I completely believe in it, but I was also buying up a bunch of FUNK when Cryptorush was still operating. Don't worry, I fully support Funk too and when I get back from vacation I will have more time to help the infrastructure. Right now I'm just mining and commenting on threads |
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Alright, well this sucks. I just now noticed that my 20mhash on cryptopools.eu is on the wrong fork according to you guys in this thread. Which is the best scrypt pool to switch over to?
http://myr.coinsprofit.com/ I moved here about 8 hours and everything is ok. Actually I think I'm going to join stablehash. They have 40mh vs. coinsprofit's 125mh, so adding my 20mh would be healthier on stablehash. Thanks though! Yeah, but 1% fee, 1% mandatory donation, and 0.1 TX fee? I'm bleeding from every orifice. If it's a mandatory donation, then is it really a donation? Kinda like when I get "voluntold" by my wife. Am I really volunteering? Compare costs before you jump into a pool, they add up over time. There might be a difference between mandatory donation and donations enabled at sign-up. I was just able to disable the 1% donation... |
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im buying up like mad
Same here. I understand dumpers will dump so anytime I can get sub 300 satoshi prices I'm buying again. Nothing but support for this coin 100% |
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Am I too late to start mining Darkcoin?
You are never too late to mine Darkcoin. Reward structure is still nice for the remaining year. |
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the difficulty seems extremely high for the price of the coins
This means people are mining because they are confidence in their beliefs of the coin, not because they are here to make a quick buck. If enough people believe the coin will succeed, the price will adjust accordingly. |
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would you be so kind as to get your ass on irc ? Can you talk with 8bitcoder and ask him to update the main thread with working pools? Also, we need to make a public push for more pools for Myriad. Can you help in any way? |
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Alright, well this sucks. I just now noticed that my 20mhash on cryptopools.eu is on the wrong fork according to you guys in this thread. Which is the best scrypt pool to switch over to?
http://myr.coinsprofit.com/ I moved here about 8 hours and everything is ok. Actually I think I'm going to join stablehash. They have 40mh vs. coinsprofit's 125mh, so adding my 20mh would be healthier on stablehash. Thanks though! |
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Alright, well this sucks. I just now noticed that my 20mhash on cryptopools.eu is on the wrong fork according to you guys in this thread. Which is the best scrypt pool to switch over to?
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I don't believe this relates to Edgecoin. LMAO. It's related when you end up fucking everyone over with this IPO bullshit. |
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