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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☢️ NERVA ☢️ Cryptonight ☢️ Solo CPU miners ☢️ ASIC, GPU, NiceHash resistant ☢️
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on: October 17, 2018, 02:10:51 AM
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Been out of the loop for awhile. Dev and community have made some huge developments: You can beta test the nerva OTC exchange if you'd like. Here is the post from reddit: Keep updated by subscribing to the reddit or join the very very active discord. This coin is amazing. The dev programs like crazy and the community is fantastic! Honestly I swear its Satoshi sometimes behind the scenes lol. Anyways, remember to always keep your nodes up to date or you are mining on the wrong chain. Delete everything in the CLI folder and unzip contents into that folder. Then you are back to mining. Pretty easy. Nerva.Exchange going under maintenanceHello everyone, just wanted to update the community about Nerva.Exchange. As some of you may know, we have a coin-swap platform for Nerva, where you can get XNV with your bitcoins and without giving any information. It works pretty fast and simple with fair rates. I will be leaving the country for 10 days at October 19th and since the website is on Beta, I do not want to let it swap BTC to XNV while I am away. In case of a problem, I won't be able to respond or react quickly and this could worsen the first experience with Nerva. So, I have decided to go under maintenance for 10 days starting from October 19th, and when I'm back, keep the trading going on. Just a reminder, the platform works without problem, I just don't want anyone to have a bad experience in case some last minute thing happens on the backend. If you haven't seen the exchange, go check it out! https://nerva.exchangeAlso cryptonight.cc was talking about trying to make a pool and the dev immedietly hard forked to version 1.4 to remain anti-pool / gpu integrating some new code which would in my understanding pretty much cause a pool to DDOS itself because of the data size of each hash. NERVA update. 0.1.4.0: Raptor. Hardfork at 240500OK, so this release spent a little longer in testnet than we might have liked, but the kinks have been ironed out and we are ready to move. This release is mandatory for everyone... Well everyone that wants to continue mining NERVA. This release introduces some new features, bug fixes and an incremental update to the NERVA mining algorithm. It will hardfork to the new algo at block 240500. This hardfork is release in response to a direct threat against the coin by pool operators that wish to use the coin for their own personal gain at the expense of the community. This cannot be allowed to happen and effort must be made to ensure the integrity of Nerva's mission as a solo CPU mined cryptonight coin. This release is a continuation of that effort. If you have any questions about this release, other Nerva projects, or just want to say hello, drop into Discord. We're always happy to see new faces.
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Alternate cryptocurrencies / Announcements (Altcoins) / ☢️ NERVA ☢️ Cryptonight ☢️ Solo CPU miners ☢️ ASIC, GPU, NiceHash resistant ☢️
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on: August 09, 2018, 11:47:46 AM
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☢️ NERVA ☢️ Cryptonight ☢️ Solo CPU miners ☢️ ASIC, GPU, NiceHash resistant ☢️ Technical details:Name: NERVATicker: XNVTotal Supply: 18 million + tail emissionBlock Reward: 70Block Time: 60 secondsMaturity: 10 blocksAlgorithm: Cryptonight AdaptivePremine: 1% (180,000 XNV)NERVA Network Stats: https://freeboard.io/board/EV5-seInformation:Website: http://getnerva.org/#infoDiscord: https://discord.gg/jsdbEnsSource Code: http://bitbucket.org/nerva-project/nervaBlock Explorer: http://explorer.getnerva.orgTradeOgre Exchange: https://tradeogre.com/exchange/BTC-XNVReddit https://www.reddit.com/r/Nerva/Wallet / MiningWallets: https://getnerva.org/#downloadsInstructions:Start wallet Uncheck TestNet Set # of CPU threads to mine with Let wallet sync and starting miningWhat is NERVA?NERVA (XNV) is an untraceable and secure cryptocurrency aiming to be GPU and ASIC resistant via the new Cryptonight Adaptive POW algorithm.
Based on the technologically advanced Masari and Monero currencies, NERVA offers true privacy and fungibility, is totally untraceable and unlinkable, with users and transfer amounts hidden from the public.
NERVA expands on these advanced privacy features, by implementing a new POW algorithm that aims to maximize decentralization, by resisting pool mining and ASIC mining right from the start. The currency is "mined" by individuals on individual computers.
NERVA aims to change the crypto mining trend, away from centralized ASIC and GPU operations, back to making mining available to any computer anywhere in the world. Resisting GPU mining also makes NERVA an unattractive option to rented mining services that have plagued cryptocurrencies recently. Why NERVA? GPU/ASIC Resistance It has become an ever increasing trend for bigger and faster GPU mining rigs to compete for cryotpcurrency. This has resulted in a global shortage of graphics processing hardware and associated components (i.e. RAM) which has driven up prices of consumer grade PC hardware out of reach to a lot of people. One way to reverse this trend is to move Proof-of-Work (POW) algorithms to CPUs which are common to all computers. The question then becomes, Won't people just buy more CPU's to mine? Invariably yes, some will, but this scenario is not as economical as buying GPU's. A CPU also needs RAM, a motherboard, a power supply and a network connection at a bare minimum to be functional as a miner. Therefore it is much more costly to scale up mining operations than it is currently with GPU minable algorithms.
Application Specific Integrated Circuit (ASIC) manufaturing has become a very large industry to mine cryptocurrencies in recent years. While these machines perform much more efficiently than consumer grade hardware, they bring their own set of risks to a currency. The largest of these risks is centralization of hashrate and the potential for using that large hashrate as an attack vector on blockchain integrity. The primary purpose of the blockchain is to provide a decentralized record of transactions for a currency. When computational power is concentrated in a small number of miners, it becomes possible to manipulate the blockchain to steal coins, reverse transactions or with malicious intentions, destroy a cryptocurrency completely. However for all the damage these machines can do in malicious hands, they have one distinct vulnerability. They are designed at a hardware level to only mine a single algorithm. If a cryptocurrency changes their POW algorithm, the ASIC becomes useless.
Typically, crypto developers have circumvented ASICs by way of a hardfork; A periodic update to the network that incorporates new developments in the code and a POW algorithm change. This has been done recently with most cryptonote based coins. This has two side effects. Firstly it breaks support for GPU miners and the software developers must update miner code to allow GPU's to mine the currency. This creates disruption to the network as miners have to update their software or wait for updates to be able to resume mining operations.
The proposed cryptonote adaptive algorithm aims to remedy these issues. The algorithm changes dynamically each block. This means that no ASIC can ever be produced to mine NERVA and it becomes exceedingly difficult to create GPU based mining software to mine NERVA. Since ASICs and GPUs can not mine the coin, it also becomes an unattractive option for mining rental services such as NiceHash.
Environmental Costs POW mining is very computationally expensive. This computation requires electricity, and a lot of it. It is estimated that as of November 2017, the Bitcoin network used more power per year than the entire Republic of Ireland and is predicted to use more electricity per year than New Zealand by the end of 2018. In an age where the threat of climate change is very real, the wasted electricity generation to run crypto networks is a luxury humanity cannot afford. By using a CPU based POW algorithm, we leverage an existing piece of hardware to perform that work, with minimal increase to the computers overall power consumption, making the CPU a more sustainable device for POW calculations.
Another very profound issue affecting our environment is that of e-waste. Electronic components contain large amounts of toxic heavy metals such as copper and lead which contaminate soil and ground water if not disposed of correctly. Electronics manufacturing also uses a large number of toxic and carcingenic substances which pollute soil and ground water as well as create air pollution and have been linked to health problems in factory workers. The advised way to reduce the impact of e-waste is simply to use electronics for as long as is practical and only replace when necessary. CPU mining presents a way to repurpose old computers or extend the life of current hardware as well as slowing the proliferation of GPUs, contributing to reducing the growing problem of this type of pollution.
The Spirit of Crypto Bitcoin, the first cryptocurrency was designed for a rather ideological purpose. To decentralize currency away from the control of central banks and government monetary policy. A currency that could be mined by anyone with a computer and shared between individuals without interference from banks and governments. This vision has been somewhat lost in the years since bitcoin's inception. Now multi billion dollar ASIC manufacturing companies have emerged to not only make and sell ASICs for exorbitant amounts of profit, but also deploying these machines to generate profits from bitcoin itself. A decentralized currency has become extremely centralized, with the ASIC manufacturers now controlling the majority of the hashrate, leading to the problems mentioned previously.
NERVA and the Cryptonight Adaptive algorithm aim to bring this idea back to life, to bring mining back to the individual. To create a truly decentralized currency. By breaking support for GPUs and ASICs anybody, anywhere in the world is able to mine, with only a computer and a minimal electricity investment. There is still work to be done to achieve this goal. However, it is a goal we must strive for if cryptocurrency is to have a future. The current trend of cryptocurrency mining is creating increasing computational power with ever increasing hardware requirements, contributing greatly to climate change and global pollution. This is not a trend that can continue and we, as a collective world, must rethink our ways. As crypto miners and investors, we are on the cutting edge, with a vision to the future. It is up to us to decide how we want to shape that future. FAQ What's with the name?
NERVA stands for Nuclear Engine for Rocket Vehicle Application. It was a part of a wider research project conducted by NASA in the 1950's and 60's to produce a nuclear powered rocket engine to power manned missions beyond the moon. NERVA never flew. Those vaguely familiar with crypto will see the irony in this.
Is there a pre-mine?
Yes. 180,000 coins were pre-mined for this project. This equates to approximately 0.97% of the total supply. This is to finance the infrastructure to run the network for the years to come.
What's the max supply?
There will be around 18.5 million coins issued before "tail emission" occurs, which is a small 1% annual inflation to keep miners incentivized, replace lost coins and provide future liquidity.
What pools are out there?
Short answer, None. NERVA is intended to be a solo mined, with CPU only.
What about GPU mining? Read my statement above regarding the motivation for this coin.
Where's your whitepaper? As this is a Monero fork, its basis are the CryptoNote and RingCT. A whitepaper regarding the Cryptonight Adaptive algorithm is in the works and will be published in due course.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SHIFT] The New Web | IPFS/Phantom | JENGA Dynamic DNS solution for IPFS
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on: December 21, 2017, 10:58:56 PM
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Why Shift? Web hosting is a huge industry. Decentralized hosting is the next big thing on the web. Shift is offering FREE web hosting with storage. What blogger / small time business wouldn't love that? Shift is building on IPFS protocol which is far superior to HTTP / HTTPS protocol. DDOS resistant. This is the first project to make this happen and convert DNS traffic using their project "Jenga" to make it accessible to everyday users without the installation of 3rd party software which current IPFS sites require. The community is great. The devs are great. A few reads: https://techcrunch.com/2015/10/04/why-the-internet-needs-ipfs-before-its-too-late/Uncensorable. Proven: http://observer.com/2017/05/turkey-wikipedia-ipfs/Long term investment for people in the states...This is the one with new tax laws about to take place. Proof of stake is amazing and a great passive income. This coin could easily go $1000+ in the coming years. Best of luck to everyone who is already holding long. Focus on the end game! HODL! I researched a lot of alt coins.. I was a large holder of Verge and Bitbay. Both mooned. This is my favorite long term holder as I earn almost 600-700 coins a year by current calculations. Just my 2 cents... Good luck everyone. All the information you currently need can be found in the news letters on the site.The new website with updated roadmap / dev info will be posted end Q4 2017. Just a few days...This will be top 100 very soon then top 50. No ICO / No marketing to date... Marketing will begin on the site release. They believe in their product as do I. It will be a great asset to the entire community.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: SHIFT - The Beast that will be Unleashed - Q4 2017
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on: December 15, 2017, 05:22:10 PM
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IPFS is the future of web protocol. IPFS was created a few years back and this is the first block chain project to bring it to life making web hosting easy. https://techcrunch.com/2015/10/04/why-the-internet-needs-ipfs-before-its-too-late/http://observer.com/2017/05/turkey-wikipedia-ipfs/The team is strong and the new devs on board are amazing. As far as the trolls.... Go try to bring down something else. Why are you even in this forum commenting? If you lost so much post proof and file it on your taxes as a capital loss. Oh wait, your mom still probably claims you so you can't. Says a lot about you personally. Probably no friends..always looking to stir the pot...Asking your mother for money..Can't hold a relationship.. The list goes on how jacked you are as an individual that it carries over to the internet on a forum showing how sad you are. Please seek counseling since you need to have outbursts here for attention when the adults are trying to talk. Anyways... I've earned back 4x my investment so far....this is the most promising gem on the market. When marketing starts, video is released and webpage is hosted on the platform this month..wow...Looking forward to an awesome 2018.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: SHIFT vs Substratum - battle to decentralize the web
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on: November 28, 2017, 11:05:46 PM
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My money is on Shift - would I invest in Sub sure BUT anytime you ask a question they beat around the bush...It seems all show no go to me at this point. Why would you host a public Alpha testing then not allow the participants to talk about it then tell everyone it went well? That's like big pharma saying weed is bad, use these meds instead that cause temporary to Parkinson disease to cure your depression...trust us. I think the price is being manipulated hard on Sub at the moment by some big whales from the ICO start and it will pump higher soon and they will dump on everyone. I asked Sub how they plan to use current browser technology to convert traffic to IPFS protocol and they say "it just will."... ok..... sketchy. I hope they do get a working platform as there is room for both but at the moment I go with old faithful. I work IT and deal with programmers everyday....They barely update any of our team and aren't the greatest at communicating but damn can they publish some results when it comes down to it. That's just their personalities....Shift is a group of PROGRAMMERS who don't have MARKETING yet and are about to start. It's going to be fantastic. Just compare the market cap of Augur to Shift with same coin supply... https://coinmarketcap.com/currencies/augur/Also SUB is talking about burning tokens to increase price....What tokens? The circulating tokens? That's not how this works.. They don't make sense a lot of the time and just fishy to me and I don't feel like throwing 20-30 grand on an IF. I think Shift is going to BOOM and it will be awesome. I like a few things the SUB gui has but it's just all a theory at the moment and nothing to back it... Also Shift is javascript...so dApp devs don't have to learn a new language which is HUGE. That opens the room to such a large community of devs. In the end there is room for both...so much money in this game and we have barely penetrated the real world. I hope BOTH succeed but I only bet on sure things after a lot of questions and research. So for now my money is on Shift...Damn I wrote too much...
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Substratum (SUB) - highly undervalued
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on: November 27, 2017, 06:38:36 PM
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It's a cool concept but can they actually do what they are saying? I see it as the ripple to bitcoin. Shift coin is the original project with lots of technical details and their page will be hosted on there own platform end of the year.... What tokens are sub planning to burn to increase value? I'd gladly invest in sub if it wasn't so flashy with no solid tech..why gag order the public test group then ask us to believe it went well based on their word? Remember...the pretty ones are who get you in trouble.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying
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on: November 27, 2017, 01:59:01 AM
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Top picks in order of most profitable the soonest. Eth-Duh? Shift coin - Dropped earlier this year due to team issues - pushed back Phantom release - thank God cause I got in cheap. New guys on now - one from Vimeo New page being hosted on their working IPFS decentralized web platform phantom end of year + finally marketing the product after 2 years begins. Staking - earning coins I'm holding Easy 10x gain - low supply Built on Lisk and share code between each other Doubled in price already. https://coinmarketcap.com/currencies/shift/BitbayGreat concept with working product. Downside is the GUI isn't user friendly for buying and selling. Most end users can't even open their email or change password on their phone. Def a strong coin though and will be touching up the GUI once his coding is solid. https://coinmarketcap.com/currencies/bitbay/ Strong climb today. ARK - Where one of the Shift team members went - he saw something good in it too. Staking - I like these. Will be featured on CobinHood once released - more gains! Great concept Price is climbing as well. Another easy 10x gainer by Summer 2018 Picked up 2k today. https://coinmarketcap.com/currencies/ark/GASHolding Neo's fuel hostage is my game. https://coinmarketcap.com/currencies/gas/Very long term hold. I was holding about 3mil verge a week ago but dropped all that for a little profit. Might of been a mistake but oh well....Shit always goes up even more once you sell it in this game. I'm also watching a few others and researching some trends. ATM nothing but gains
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