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281  Alternate cryptocurrencies / Altcoin Discussion / Re: [FTC] Feathercoin Development Overview on: July 28, 2014, 02:43:01 PM
You really don't get out much then do you, because thats exactly what 99% of older school coins outside of btc/ltc are saying lol
I call it, at best, a last ditch panic to stay somehow relevant.

You know what. My onions are burning and i don't have time for you right now. Catcha tomoz.
282  Alternate cryptocurrencies / Altcoin Discussion / Re: [FTC] Feathercoin Development Overview on: July 28, 2014, 01:56:38 PM
1. the new algorithm has not stood the test of time. It is new code and very well may have side effects unforeseen. Who knows.
It's been tested to the craphouse for a start, second of all, no one saw heartbleed coming along (so basically shit happens), third of all, scrypt it self has already been broken anyway.
Plus if you consider that the year is 2014 and cryptos are still in their infancy, every coin including btc should be considered beta.. That's the point of what were doing right? were all trying and testing a network for peer to peer payments? Anyone who thinks that any coin or algo has "stood the test" doesn't really see the big picture.

2. This stuff should have been done long before Feathercoin ever launched (over a year ago) as a copy-paste clone of Litecoin.
Please enlighten me as to what litecoin has done in regards to advancing the the technology itself? hrm?

3. The direction Feathercoin is going is back into the GPU mining arena and will need to compete with 1000's of new coins that can be mined with GPUs/CPUs. What makes feathercoin so special that the majority of that market of miners will choose feathercoin over all the other options? My guess...they likely won't choos Feathercoin.
Good luck selling those supposedly "most profitable" scrypt-alts when they don't have the volume to support those dumps... Why do you think that multicoin mining is, theoretically, more profitable then direct mining?

I am not saying that Feathercoin is a scam or that the FTC community are dishonest etc etc...what I am saying is that I believe Feathercoin is irrelevant. There is nothing that makes FTC stand out from the rest of the alt-coins out there that can be mined with GPU/CPU.
I respect that but to be honest, ftc is not irrelevant.

It's a safe haven for devs who can't get the chance to try out their idea because litecoin and bitcoin have turned into nazi's..

their.. i said it, the n word.. im sorry but i can't deal with people repeating the same stuff over and over when it is simply just flat out false and misleading and even sometimes, strait out lies.

Thank you for bumping our thread though.
283  Alternate cryptocurrencies / Altcoin Discussion / Re: [FTC] Feathercoin Development Overview on: July 28, 2014, 01:43:27 PM
...sure enough the price (as on metric of confidence in FTC) is 95-98% down since in terms of Bitcoin.



How on earth do you quantify that?
284  Alternate cryptocurrencies / Altcoin Discussion / Re: [FTC] Feathercoin Development Overview on: July 28, 2014, 10:08:09 AM
So think my question is, whats the point to feather coin?

99% of the coins out there are stuck in their ways. They have a niche and think that makes them special. Feathercoin takes the best idea's from these niche coins, and creates an open source solution which can be copied into any other coin.

In the coming months will have what's needed on github to implement ftc into http://projectskyhook.com/

Not that we don't all ready have an open source ATM for ftc that any other coin can copy, but more the better right?

We are one of the few coins who will continue to adapt and evolve. btc and ltc have found their place. They are somewhat set in stone and no longer have the true freedom to experiment with the blockchain technology..

tl:dr - So what is the point?

Feathercoin picks up from where Satoshi left off.
285  Alternate cryptocurrencies / Altcoin Discussion / Re: [FTC] Feathercoin Development Overview on: July 28, 2014, 08:49:44 AM
....Feathercoin has lacked on development on all fronts since its inception....

Have a flick through our newsletters for the last 8 months.. https://www.feathercoin.com/category/Newsletter/

Or here's a copy and paste of something you might have missed on the other thread you've replied to..

Quote
From Point of sales equipment and ATM's to embedding magnet links in our blockchain, and even working with a local council to educate and help them establish their own localised crypto currency.
Feather ATM | Link/Flux | Hull City Council

We're sending a ftc wallet literally to the moon's surface, and raised a ton of money for cancer research.
Ftc to Moon | PCUK

We have created an open source solution for checkpointing and also diff re-targeting that puts all the gravity wells to shame.
ACP | eHRC.

These projects have all been achieved over roughly ftc's first 12 months of life, where we have survived multiple hardforks, a 51% attack and a forum hack.

Endlessly the Feathercoin community has worked with other coins to either help or even in some cases save their coin.

ftc's ethos is that we should all be working together to create the best open source solutions possible.

You just wait and see what else we have planned.. or, come on over to the forum and find out for yourself..
286  Alternate cryptocurrencies / Announcements (Altcoins) / Re: FeatherCoin 0.8.5 - Scrypt based cryptocoin on: July 28, 2014, 05:29:14 AM
Any idea what's happening with Hive?

@hivewallet - Will our API work with you? http://api.feathercoin.com/
287  Alternate cryptocurrencies / Altcoin Discussion / Re: Official Feathercoin newsletter #34 -FTC offers way for SCRYPT coins to survive on: July 28, 2014, 04:57:51 AM
Is feather still going? it was one of the first coins i mined.

Very well much my friend.

From Point of sales equipment and ATM's to embedding magnet links in our blockchain, and even working with a local council to educate and help them establish their own localised crypto currency.
Feather ATM | Link/Flux | Hull City Council

We're sending a ftc wallet literally to the moon's surface, and raised a ton of money for cancer research.
Ftc to Moon | PCUK

We have created an open source solution for checkpointing and also diff re-targeting that puts all the gravity wells to shame.
ACP | eHRC.

These projects have all been achieved over roughly ftc's first 12 months of life, where we have survived multiple hardforks, a 51% attack and a forum hack.

Endlessly the Feathercoin community has worked with other coins to either help or even in some cases save their coin.

ftc's ethos is that we should all be working together to create the best open source solutions possible.

You just wait and see what else we have planned.. or, come on over to the forum and find out for yourself..
288  Alternate cryptocurrencies / Mining (Altcoins) / Re: NeoScrypt: The Future of CPU and GPU Mining on: July 28, 2014, 04:42:13 AM
Very nice. Time for me to start wrapping my head around the white paper!

what kind of speeds can be expected from GPU's?

Not sure yet, but considering we won't have to compete with the ASIC's, any speed will be a good speed. From what I've read though, hopefully we should see faster speeds but, once again considering you won't be competing with ASIC's, it doesn't technically matter really.

Who will translate this into java?

Anyone who wants to make a name for themselves! The race is on to see who can make the best open source miners!
289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [CINNI] Cinni Logo Competition Voting Thread on: July 25, 2014, 09:35:02 AM
52 and 47
290  Alternate cryptocurrencies / Altcoin Discussion / Re: Official Feathercoin newsletter #34 - FTC to the Earth's only natural satellite on: July 25, 2014, 09:25:54 AM
Sounds good -

but i have a question why try to do something radically new  if a hard fork is required - why not do something that the market knows ( like i previously mentioned ) for example taking well known algos from the "X" bunch or the "Quark" type and mixing them into a new Random driven function?

then rename this your own?
The first 8 rounds of Salsa have successfully been broken with differential cryptanalysis.
Differential Cryptanalysis of Salsa20/8
New Features of Latin Dances: Analysis of Salsa, ChaCha, and Rumba?

When you think about it, as new as NeoScrypt would be considered, I wouldn't go as far as calling it radical.

It has simply been upgraded and optimised to be faster and more secure.

To be honest (opinion), the "market" is starting to lack innovation. These new myriad of algo's really only achieve one thing. Dodge the ASIC's and show off it's shiny new shoes.. That is not what we're trying to do.

We want ASIC's and FPGA's for NeoScrypt to be developed in time. Preferably open source and at an affordable price for the average miner. In fact, this is the reason why we decided to upgrade and fix scrypt as opposed to mashing together some new xAlgo.

Catch is, everyone needs more time for their gpu farms. By the end of the year, that is it for getting any ROI back, as the Scrypt ASIC's will be in control. NeoScrypt will create a short term safe haven for any coin that still wishes to remain profitable for their loyal miners.

Then when the NeoScrypt ASIC's arrive, ftc will stay but other coins may choose to move on.

the point is this :

Will the market see this as more of the "CPU only" reset that gives the designers of the function a distinct advantage over the rest of the market at inception as they will have an optimized GPU and the rest of the market will have  whatever they can develop.

wouldn't there be risk that the market will see his as manipulation?

Ha!...

No GPU miner, no fork.

Once we see that enough of the major pools are ready for the switch, and the worldwide community is loud and clear that we're ready, then and only then, will the fork occur.

TL;DR

Isn't there Risk the market will see untested "new" algos as an attempt to manipulate with your own "optimized" miner when if the proposed solution really is ASIC avoidance is it not in front of you?

Represented in the now many many algos floating around which are well tested and being optimized by the market all the time.


don't get me wrong i support your move.


There are a number of individuals working very hard behind the scenes. This has been planned for quite some time now. It has been thoroughly tested, analysed, assessed, modified and re-tested etc.

Phoenixcoin will make the change first. In the coming days, the source will be released. At that point, the code will be open and we highly encourage anyone with the skills necessary to create the first open source GPU miner for NeoScrypt. I can assure who ever achieves this, will be generously compensated.

Come over to the ftc forum and let us continue the work of Satoshi.

Calem
291  Alternate cryptocurrencies / Altcoin Discussion / Re: Official Feathercoin newsletter #34 -FTC offers way for SCRYPT coins to survive on: July 24, 2014, 10:09:17 AM
The mixing engine employs both Salsa20/20 and ChaCha20/20 (20 rounds each) XOR'ed into salt for the final PBKDF2 run. They can be run either in series or in parallel to reduce latency (the reference code supports series mode only). N reduced to 128 to maintain high performance, r increased to 2. Requires ~32Kb of memory in series mode or ~64Kb in parallel mode per instance. There is a very little chance that both Salsa20/20 and ChaCha20/20 can be found vulnerable critically in years to come. It takes 1024 Salsa20/20 and 1024 ChaCha20/20 runs as well as 2 FastKDF iterations of 32 BLAKE2s runs each to produce a single hash.
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