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541  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: April 05, 2014, 01:50:11 AM
There can't be any discussion - these are all too colourful. The one that Evan really liked is definitely the slickest one. It's really sharp and aggressive and looks amazingly professional.
Too colorful? There are only 2 colors on logos showed above. Orange and gray ; blue and black. I don't think it is too colorful  Smiley

You're right it's not that bad. Of course this is the one I'm taking about.



It struck me right away as being the perfect mix of style and substance. It definitely looks like something I would use regularly to make payments. I can imagine myself saying "do you take darkcoin?" in any store in the future with a logo like that. Anyways that's my opinion of course.



+10000 for this one  Shocked
I don't know...it realy looks good. But maybe it's a bit too sporty...too nike'?
542  Alternate cryptocurrencies / Altcoin Discussion / Re: These new EFFICIENT x11 algos everyone is talking about ?? BULLSHIT or real? on: April 05, 2014, 01:06:49 AM
and one guy said earlier SHA256 is 100% optimized and then he said Scypt was not.. pure bullshit..
if there was some major optimization that could be done to scrypt it would been done already so don't feed me that bs to push an angle lol
i know i looked into it specifically actually and aside from some hashing checking optimization which did little i didn't see anything major..
There still is a possibility to speedup Scrypt on GPU (as used in Litecoin and implemented in cgminer, there are too many scrypts today Smiley) - something like 20%, may be 50% with some luck. No one noticed misplaced 'if' operator Wink
Just want to pop this sentence up.
Was this ironic or do you have the holy grail of scrypt?  Shocked
543  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: April 05, 2014, 12:05:29 AM
So its been a month or so since the "anonymous" coins came out. The prices on avg between them have fluctuated between 0.5usd-1usd. Using this as an indication of how the market values anonymity services, its reasonable to infer that if SBC had not been a scam and implemented the mixing feature its true value would have been within that range. Therefore it would have been anti-climatic for everyone involved.

There is still not any anonymous coins on the market. Darkcoin is extremly instamined, very well promoted, but it is overhyped and falsely claming to be anonymous when it is not. Anoncoin have still not finished the zerocoin implementation that might make them the first anonymous coin if they are succesfull. And there is still no infomation regarding the launch of zerocash that probably got the best chance to become the preferred anonymous coin.

We still have to wait to find out what the actual price of an innovative and anonynous currency will be.  Smiley
"At nearest" at anonymity is actual Fedoracoin with its already released mixing service.
544  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NHZ] - NeXT Horizon | fork of nxt | distributed by bounties | launched ! on: April 04, 2014, 01:39:38 PM
I don't care if a few people get 50k for a simple translation.

I just want my reward for running a node! When will this be fixed? Will we get a backward reward for the past?
545  Alternate cryptocurrencies / Altcoin Discussion / Re: These new EFFICIENT x11 algos everyone is talking about ?? BULLSHIT or real? on: April 04, 2014, 12:51:30 PM
I've seen two guys with 1.2 and 1.8 Gh/s yesterday on drk.suchpool.pw

As X11 is max triple the hashrate than scrypt, it means they have 400 to 600 MH in GPU power - except they use a more efficient software or already have X11 ASICs.

I can imagine GPU farms with 100 or 200 MH...but not with 600MH+! So currently it feels for me as we still don't have gotten the right answer here.
546  Alternate cryptocurrencies / Altcoin Discussion / Re: These new EFFICIENT x11 algos everyone is talking about ?? BULLSHIT or real? on: April 04, 2014, 12:35:52 PM
I stick to what ever I find necessary to mention, like you, on the 300 other threads your spraying your fud.

Well here's the main advantages

- up to 50% less power
- for the moment totally ASIC proof, among other methods
- standard software available
- runs on standard hardware
- state of the art coins available, bleeding edge software
- very able and active developers
Sorry, you missed the topic.

Cryptohunter is not attacking "your" coin, he is just asking very legit questions. I also would like to get a detailed explanation on why X11 is using less power. If it's just a highly unoptimized public mining software or really an architectural thing.
547  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: April 04, 2014, 02:46:37 AM
On 1. I can concede a bit from the previous stance that ASICs completely destroy decentralization in the sense it can provably allow large-scale growth after a sufficient amount of time has been spent without them growing the base network, and only a certain amount of decentralization is lost, and ASICs are not much more "profitable" except for energy savings in the sense that using two of them will give you 1000x more money than using two computers (or previous generation of network supporters), and the cost of purchasing them isn't an ungodly amount so that I might consider an investment. To this effect, the power won't be out of my hands for long . . and that I might be okay with. I feel like if nothing else this should be a balance where if the scales were originally tipped in my direction, they should be tipped in the other so long as they can once again be tipped in my favor.

On 2. I could never see no problems in a hard fork. There are always major problems in forking a coin. Again, my main example is Litecoin. The original spirit of the coin was that it was ASIC proof. After the stance switched to ASIC resistant . . people saw this as an open door to create new currencies and splinter off of the main fork. Now the stance is clearly neither of these as the ASIC machines are here . . and we're left with the core team itself addressing questions as to a hard fork amongst people making yet more of their own "asic-proof/resistant" forks. One concession leads to another which leads to another . . and this has pulled attention and value away from Litecoin and into a multitude of various Scrypt forks. My point is that the spirit of the community is not and never will be one unified spirit. Anonymity does not have to be part of your algorithm and I refuse to believe it will be. Take for example Bytecoin . . not the sha256 one but the real one based on CryptoNight.

While I agree with many of your points I'm not sure if I understand what you want to say in conclusion.
That one concession leads to another is correct. But what will follow from that? Ignoring changing environments and stay at your roots till new currencies are multiple years ahead on a technical basis (and therefore also in security)?
In my opinion a coin that claims to be good enough for a substantial market capitalization (I mean here real living economy and not pump&dump) needs to take care of all technical developments and change its code basis significantly from time to time. There's no way around.

That said, a coin developer needs to decide whether he wants to create a coin for mass adoption and daily use, then he will be conservative and very careful in changing substantial parts of the code.
If you want to create a coin just for exploring a specific aspect without the desire of being the next Dollar, then much faster transformations are totally legit. Not every coin is made to be investor friendly or easy to use for non technical persons.

What I want to say is: each coin must decide what it wants to be.

This is a really difficult discussion as so many different aspect and arguments are coming in - hope I don't got lost in it  Embarrassed
548  Alternate cryptocurrencies / Altcoin Discussion / Re: These new EFFICIENT x11 algos everyone is talking about ?? BULLSHIT or real? on: April 04, 2014, 02:18:31 AM
I'm away from my computer, do not remember. Will try to post ASAP though.
Please don't talk about sgminer optimizations here. This topic is about the inner working of X11 whether it is architectural limited in ressource consumption or if this is just what the masses believe.

Here's the right thread for such questions: https://bitcointalk.org/index.php?topic=475795.0

No offense, just don't want to see this interesting thread going offtopic Wink
Thanks!
549  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: April 04, 2014, 01:20:22 AM
Thanks for the very interesting discussion about pro&contra of ASICs and hashing algorithm changes in general. I got some new views on this topic I want to write down for myself and you Smiley

1) ASIC backed coins are better in the longterm
Running the network of PoW algorithms always uses a huge amount of energy with no other benefit than securing a cryptocurrencies network. To reduce the worldwide "wasted" power, it is significantly important that you use the most energy efficient hardware for this purpose.
Once a coin grew big enough that it starts to become a part of the global financial market, it also becomes more important to pay attention on the networks security. Because of this importance there will always be people that mine this unprofitable coin even at a loss.

This two points bring me to the conclusion, that a highly optimized, energy efficient mining chip is the best solution when we think big. That's just were Bitcoin is now, btw.


2) Algo switches are no problem if this is the spirit of a coin
Off course, not everybody can afford a $10k+ ASIC just for beeing part of the cryptocurrency movement. They want to use their $xxx cards and want to support/research other aspects of cryptocurrencies than mining and distribution. To see how their idea evolves in the wild with a real market and egoistic actors on it, you need a lot of time. This time is long enough to develope ASICs which make it impossible for the unwealthy people to continue their research from a financial aspect.
If there now would be a coin that has its focus on, let's say anonymity, then it becomes necessary that all interested people are able to stay an active part without disadvantages for all time being.
So if the developers propagate right from the beginning that it will switch the hasing algorithm from time to time for this purpose, there will be no problems in fork adoptions as everyone must accept this as an annoying side effect of his GPUs inefficiency.


Darkcoin is still a baby coin if you look at its age. It's born with two intesting aspects: anonymity and a new ASIC proof (for now) hashing algorithm twice energy efficient compared to scrypt. Because of the latter point I think here are many people around that could deal with hard forks as long as there will be well tested and platform independend mining software for uncomplicated switches.
550  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: April 03, 2014, 11:21:36 PM
If every prominent coin would switch its hash algo right before the first batch of ASICs get delivered repeatedly at each ASIC generation, people would stop buying ASICs as they know they will be worthless. So it's only important that there is currently no ASIC available and that you can implement other algorithms once they are.
This is the way to beat ASICs because their development is very expensive and the companys only get a ROI when they can sell them.
551  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] sph-sgminer: multi-coin multi-algorithm GPU miner | added Sifcoin on: April 03, 2014, 10:27:40 PM
Hey guys,

I just started mining Darkcoin and everything is fine. Significantly lower temps + power consumption Smiley

As my R290s are watercooled, the system is totaly noiseless. But by mining X11 I hear my GPUs "scratching" permanently. Normally, at scrypt, I sometimes hear this only for a short time at startup but never during the mining process.

Can someone confirm this? Is this something I should care about regarding the health of my cards? Would be nice to get rid of this (annoying) sound as I run the rig in my office Wink
552  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QQCoin- Scrypt Jane, ASIC Resistant, N-Factor, Multipool Resistant on: April 03, 2014, 08:08:22 PM
To get this thing rolling we - the community - should define some goals for this coin.

Things we could discuss:

- switching mining algo as scrypt-jane seems not to be the crowds choice for the time after ASICs are out (they love X11; it would attract many new miners)
- switching difficulty algo to DigiShield or a similar approach
- a wallet update to improve startup performance (it takes a couple of minutes on my linux machine. Other coins just a blink)
- a payment processor
- a website?!!
- a mobile wallet
- getting on more popular exchanges
- a community manager for this forum, reddit and the social media stuff
- a rebirth campaign with some giveaways to show people QQC is now under development
- ...

After all when we know what we want, we need to create a very attractive stake* for the persons that will do the work and showing themself responsible for the future of this coin (at least partly; a community is ALWAYS needed - but this doesn't seem to be a problem here)

* total amount of coins is 30,000,000 so 1% = 300k. This is just about 0.4BTC at the current rate.
553  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: April 03, 2014, 01:37:12 PM
Is it still profitable to mine drk? I did the following calculation:

2.4 MH in scrypt ~ 6MH in X11

6MH give you about 5drk/day (according to suchpool) which are worth 0.06BTC. That's a third of what I would get with any scrypt multipool.
Even if power consumption really halves it's still less profitable.

Or did I miss something?
554  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NHZ] - NeXT Horizon | fork of nxt | distributed by bounties | launched ! on: April 03, 2014, 10:14:19 AM
I can translate it to german if there is a need for it!
555  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NDL - The coin for Pastafarians - Flying Spaghetti Monster Cryptocurrency! on: April 03, 2014, 10:11:28 AM
You're right in all points, except of these ones:

- The twitter messages of HilHolyNoodliness are looking like an 3rd party service which twitters new (un-)followers automatically on a weekly basis.
- Tons of NDL don't help for voting on mintpal as they are only accepting BTC for their votes. To get a good position we would need a couple of bitcoins which is the equivalent of xx% of all NDL at the current rate lol Sad
556  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QQCoin- Scrypt Jane, ASIC Resistant, N-Factor, Multipool Resistant on: April 02, 2014, 06:32:56 PM
I would suggest to the dev to take a fraction of a BTC and buy a big stake of QQC. Then there would be enough motivation for further development.

This is also valid for any coin developer who wants to maintain a coin with a great community by overtaking QQC.
557  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NHZ] - NeXT Horizon | fork of nxt | distributed by bounties | launched ! on: April 02, 2014, 05:25:29 PM
I'm running a node since > 36h and still didn't receive any coins Sad
558  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Crypto Rush - Crypto to Crypto exchange on: April 02, 2014, 12:50:37 PM
PENG, TIPS and DRK worked for me yesterday. But they were expeeeeensive Sad

CR has lost 1200BTC - I doubt any investor will pay for this instead of creating a new, better exchange.
559  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NDL - The coin for Pastafarians - Flying Spaghetti Monster Cryptocurrency! on: April 02, 2014, 12:45:35 PM
They need another marketplace, the cryptotrash is closed in a few days.

They posted this on their HP:

"Public Warning
ATTENTION: Please be aware that at this time, due to insolvency and site ownership changes, all deposits and trades are to be considered at your own risk. Depleted wallets will not be able to fund coin withdrawals. Affected Wallets: BTC, LTC, POT, AUR, QRK, WAS and BAT Semi-Official IRC Chat log from CryptoRush: http://pastebin.com/mrqJQ9Kb."

I closed my books there after buying tons of NDL Wink

n
That were my coins Sad I was planning to sell "high" and rebuy cheap but didn't expect CR to go insolvent.
If that site closes, NDL isn't listed at any exchange anymore...
560  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NHZ] - NeXT Horizon | fork of nxt | distributed by bounties | launched ! on: March 31, 2014, 10:43:40 PM
Doesn't work. I run it on a vps with all ports open + added my home IP to "nhz.allowedUserHosts" and "nhz.allowedBotHosts" + started the user interface server at 0.0.0.0

However, when I try to connect just nothing happens until it timeouts.

Got it working with ssh-tunneling:
ssh -L17775:localhost:7775 user@host

then: http://localhost:17775

Thx to pharesim@IRC Smiley


This is my adress (feel free to test the send functionality  Kiss)
4555442368126420321
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