even if what you say is more or less true or the sad reality, that guy found a "special recipe" and he's reproducing it over and over with some success.
one of the secret ingredient in that recipe : cups of greed. the number of full cups to add is proportional to the % PoS rate.
since the recipe works, i predict that an increasing numbers of cloners will launch alts with high Pos% this year
until the big wadafuck moment where ppl wake up and understand all the ridiculousness of that shit
and turn back to those real innovative coins with technical prowess and real world essay
let's hope it's not too late for the sake of cryptocurrency
+1 If people wanna buy HYIP and stake, they lose their money quick. Less idiots out there for the next round. Natural evolution  |
|
|
|
...
Mmm, it seems to me like we are still too early in BTC's life that it would do much to provide liquidity in our huge economy. It is still hard to use (for almost everyone not members of bitcointalk).
What is so hard to use about bitcoin? I have seen 5 year olds make transactions with only the slightest assistance. It is easier than email because you don't need an email provider. However it doesn't matter how easy something is; if nobody ever showed you how to do it you probably don't know it. What might be hard is understanding why it is important and beneficial to use. |
|
|
|
You all seem to care about BCN vs. XMR. Please somebody calculate the total work on the chains for me. Total work ~ sum_over_all_blocks (block_difficulty) For the sake of comparison you don't have to convert it to total cryptonote hashes. Same time per block I assume. Who wins? Thanks |
|
|
|
Dogecoin has the highest usage of any altcoin, including Litecoin (excluding off-chain tipping).
Dogecoin has more community support than all altcoins combined. http://en.wikipedia.org/wiki/Network_effect (Do you actually believe that "technological innovation" matters if there is no growing community that use it?) this is true they have more support then other still this is good cuz if i read correctly on other topic halving is near for doge this can only influence more user in doge and hopping for price change Lol, this is a laughable claim. If true, why did doge move to being mergemined inside the litecoin chain?
Learn about Dogecoin:https://bitcointalk.org/index.php?topic=800004.0;all  I like dogecoin too, and I know what AuxPOW is. Sorry if my comment was out of order, I was referring to the "highest usage of any altcoin" claim. TX per day and exchange volume disagree with that claim, but to be fair those don't mean all that much as they are unverifiable as legitimate traffic. The only metric that can't be faked is hash rate. |
|
|
|
Neither seem to be dominated by bot-farmers. I mainly see AWS jumping in and out - fair enough in my view.  How do you see AWS? No bot farmers, does that mean people can do cryptonote hashing by hand? |
|
|
|
lol well I should of added
1. going from recollections
2. I use linux so what the hell do i know?
I have:
A10-5800K ~4000K
FX-8350 ~8000K
Both linux with the standalone miner
Wow, nice Does that mean you are using a pool or pointing the standalone miner to your own client? |
|
|
|
i5-3570K@4.2: "hashespersec" : 1033981
Thanks DougB62, Does your @4.2 refer to a clock speed? I have a ThinkPad running QubesOS with: i5-520M and I can get "hashespersec" > 1500000 However, my laptop overheats and shuts down if I keep it chopping for more than about 15 minutes. I will look into a better windows build. |
|
|
|
Dogecoin has the highest usage of any altcoin, including Litecoin (excluding off-chain tipping).
Dogecoin has more community support than all altcoins combined. http://en.wikipedia.org/wiki/Network_effect (Do you actually believe that "technological innovation" matters if there is no growing community that use it?) this is true they have more support then other still this is good cuz if i read correctly on other topic halving is near for doge this can only influence more user in doge and hopping for price change Lol, this is a laughable claim. If true, why did doge move to being mergemined inside the litecoin chain? |
|
|
|
Yeah well why is it us Linux users always have to compile our own fucking software and windows bitches only complain about not having everything done for them?
It's better to compile our own anyway. Runs cleaner, don't have to deal with dumbass ads and bullshit. But seriously, why doesn't this asshole try the fucking Windows builds that exist? the in client miner gets something like a 10th of the hashrate as the linux client. Not sure if its a flag issue when it was cooked or what Seriously? I tested the windows clients and saw a much smaller reduction of hashrate.. at the time I attributed it to the fact that it was running in a VM. Can some windows choppers please report on their hashrate and cpu type? Thanks |
|
|
|
No, the OS does swap just fine, it would be silly for us to try and add a layer on top of that (and it would never be as performant). We have a completely abstracted blockchainDB class, and the first actual implementation (there will be many) uses LMDB, the Symas Lightning Memory-Mapped Database, which is the same embedded database that OpenLDAP and Armory use. We're even listed on the site:) Thanks, sorry for my continued questions. I guess I don't understand the need for such a structure. The block chain is already sitting there on the disk. Copying it from one structure to another seems a waste of time and resources, unless I was planning to run a public explorer or something. I did get it to run with swap but that just means now it takes up twice the hard drive space and lots of copying. To give you an idea where I am coming from I also consider a bitcoin node to be a resource hog. Since I have your attention, can I get a quick word on the possibility of SPV clients for monero?
It uses the same mnemonic as we use in the Monero wallet client, but it's a shortened form (half the space). We are currently adding support for the short-key format into the wallet library, but needless to say if MyMonero (and I) had to disappear today it would not be difficult for someone else to add that support in:)
As much as I like to talk shit about web wallets, this one looks pretty good Can anybody host their own version? |
|
|
|
[snip]
Haha, it's an expression. That SPH implementation is pretty shitty. Skein-512 is cake to implement, though.
Tell me more Do you refer to the efficiency in terms of hashes per cycle? Is there a better reference implementation you would recommend looking at? It's ugly as sin. It performs okay, but hell to understand. It's also terrible on GPU - but that's not a failing of the code, more of the idiot who copy+pasted it. lol, and now it is everywhere. Probably the most used implementation as it exists now on thousands of boxes running various multi-hash coins. |
|
|
|
I'm waiting for actually being able to hold the coins by running a client on my laptop. Currently it doesn't work because it requires too much RAM.
The blockchain branch is pretty stable, we're currently focusing on write performance as catch-up is too slow. You can compile it yourself by cloning http://github.com/tewinget/bitmonero and then 'git checkout blockchain' - compile instructions are in the Readme. Alternatively, just use MyMoneroThanks for your reply again By blockchain branch, do you mean that the chain is not held in memory (or swap)? I will try it in any case. As to mymonero.. if the site goes down can I recover the funds? |
|
|
|
|
No chance. New coins will keep coming and home chopping will continue.
|
|
|
|
Monero (and other CryptoNote coins) use EdDSA (you typoed:) for signatures, and Curve25519 for DH key exchange. Honestly I don't know how much credence I'd put into that post, as the two he recommends (NIST P-256 and NIST P-384) are viewed as "unsafe" by DJB (Daniel J. Bernstein) - http://safecurves.cr.yp.toI'd probably trust DJB more than the author of the blog post you referenced, which is why Monero has continued with Curve25519 and DJB's fast Schnorr algo (EdDSA). We will absolutely switch curves if sufficient evidence shows that the curves / algos we use are questionable. Thanks for your reply and the correction (edited). It looks like safecurves mostly is concerned with minimizing the ways that algos can be implemented badly, while the one I linked is mostly concerned about what has been used the most. Another criteria might be which one has the most immediately takeable cash riding on it. In that case secp256k1 would come out on top |
|
|
|
|
Here's a real difference that doesn't get much press:
DRK - secp256k1
BCN/MNR - EdDSA
Of course if you really want to know who's winning, just add up the work on the chains. Which one shows the most work?
|
|
|
|
|
I'm waiting for actually being able to hold the coins by running a client on my laptop. Currently it doesn't work because it requires too much RAM.
|
|
|
|
|
917
|
Alternate cryptocurrencies / Altcoin Discussion / Re: The value proposition of each coin: BTC, DOGE, LTC, DRK, PPC, XRP, NXT, NMC, XMR
|
on: January 28, 2015, 04:18:58 PM
|
|
Lol at your volume analysis. Also, you should look at hash rates and total work on the chain as those things are verifiable as opposed to other stats which can be manipulated easily.
|
|
|
|
I came across an interesting article on elliptic curve digital signatures. http://infosecurity.ch/20100926/not-every-elliptic-curve-is-the-same-trough-on-ecc-security/He comes to a remarkable conclusion: I would like to state that Koblitz curves should be avoided, in any key size as they do not have enough warranty on crypto analytic activity and effectively they are:
Not part of NSA Suite-B cryptography selection
Not part of ECC Brainpool selection
Not part of ANSI X9.62 selection
Not part of OpenPGP ECC extension selection
Not part of Kerberos extension for ECC curve selection
In general, I am not a huge fan of his analysis method which is simply appeal to authority rather than actual discussion of the curves. However there may be something to it. It is worth pointing out that woodcoin is the only coin I know of which follows his recommendations. The only other coins I know of which do not use Koblitz curves (in particular secp256k1) are the ones built with CryptoNote. CryptoNote usees EdDSA which like Koblitz curves may have some advantages but according to the criteria of the linked article still fails to have been recommended by the various authorities. Any comments and corrections, especially pointing me to alternative coins, would be greatly appreciated. -- funkenstein the dwarf |
|
|
|
I came across an interesting article on elliptic curve digital signatures. http://infosecurity.ch/20100926/not-every-elliptic-curve-is-the-same-trough-on-ecc-security/He comes to a remarkable conclusion: I would like to state that Koblitz curves should be avoided, in any key size as they do not have enough warranty on crypto analytic activity and effectively they are:
Not part of NSA Suite-B cryptography selection
Not part of ECC Brainpool selection
Not part of ANSI X9.62 selection
Not part of OpenPGP ECC extension selection
Not part of Kerberos extension for ECC curve selection
In general, I am not a huge fan of his analysis method which is simply appeal to authority rather than actual discussion of the curves. However there may be something to it. It is worth pointing out that woodcoin is the only coin I know of which follows his recommendations. The only other coins I know of which do not use Koblitz curves (in particular secp256k1) are the ones built with CryptoNote. CryptoNote usees EdDSA which may have some advantages but according to the criteria of the linked article still fails to have been recommended by the various authorities. |
|
|
|
From a google search, I discovered hexadecimal dice too. Unfortunately, I can't find any to order in the UK.
But do they have the same probabilities for each side? I think only platonic solids have that property. An icosahedron would be fine, turning 16 to zero and discarding 17 to 20. It is possible to make fair dice for any n number of sides (one solution is pencil shaped with n-polygon cross section), but platonic solids are definitely cooler |
|
|
|
|
Show Posts
