Re: [AXIOM] AxiomMemHash, Schnorr Sigs Implemented, APOS 3.0, AXH 2.0 Proposed

[jc12345]

Impersonation of the dev team it seems.

[timertrainer]

top wallet keeps putting fake buy wall so he can dump at higher price 

How can a buy wall be fake if you can dump on it?

[PnD team]

In the next 2 hours we will lower the price to 9110




Thanks,

Axiom Team

[AxiomCryptocurrency]

https://i.imgur.com/h79dHXa.png


AXIOM Brief Status Update - Monday, August 3rd, 2015



Acknowledging the private GPU miner problem

It is our core belief that the only means of advancing this technology, is to take the problems and demands on directly. The community has spoken, the current GPU miner has lead to stress from many of our investors, though we do not currently consider the GPU miner to be a threat to the actual fairness of the coin, with the current hash rate, adjusting block rewards, staking and  scalability when compared to the ease of use, electrical costs, and widespread availability of the CPU. Everyone with a computer owns a CPU, anyone can mine AXIOM with a click of a button not everyone owns a GPU. Currently the CPU mining power on the network grossly outweighs that of the GPU.



Hardening the algorithm for further GPU resistance

We have spent the last several days researching different algorithms that may solve our current needs for continued GPU resistance.

We will be making these methods and the dates of our planned implementations public during this week of Monday August 3rd.

We are testing raising memory requirements and possibly using disk I/O as part of the algorithm.

If testing is successful and algorithm changes do not put too much strain on regular wallet users, AXIOM POW algo will be hardforked to AxiomMemHash 2.0.



POS 2.0 Security and fairness weaknesses

While monitoring the blockchain and block propagation during the incredibly competitive AXIOM DPOS, we’ve identified several major weaknesses in the current POS 2.0 code.

Difficulty target based on coin input size can be modified by rogue actors.

Time-distribution of coin inputs can be used by rogue stakers to stake more frequently.

Selfish-miners can stake more efficiently by skipping validation and inclusion of transactions from the memory pool.

Custom stake miners can be multi-threaded, hash at full speed, and outperform other wallets running less efficient single threaded stake miner.



AxiomPOS (POS 3.0)

AxiomPOS, or POS 3.0, is our next generation proof-of-stake protocol, incubated after conducting extensive research experiments and  identifying numerous serious concerns and exploitable deficiencies in the popular “PoS 2” protocol, which can be used to game the stake system for significant advantages at minimal cost.  Presently ALL alt coins using the PoS 2 protocol are susceptible to these methods. We are well aware the above statements will cause controversy, and a whitepaper is currently being drafted and edited to explain the aforementioned issues.





This is a short brief of our near-future plans. More information, details, timeline, and whitepaper will be released during this week of August 3rd.

[Epsylon3]

Again : beware to the upcoming standalone cpu miners.... The dark side is watching this coin...

[digitalgrow]

ICM coin? Wont be long before he runs away again!

[MickGhee]

i just hope u cheaters (like gpu miners and those that exploit it for profit) get what u deserve!
they come into an open source project release closed source software (based off open source work) then exploit it for profit . WWSD (what would satoshi do)

SHAME ON YOU

[Topbanker]

Great update!!

can't wait what this week will bring for this great coin!!
 

[ajw7989]

Good to know. I think one of the big pluses was the CPU only aspect which is why its important to keep it CPU only. A public GPU miner would not have been bad but a private held one only is bad for a new coin

[PnD team]

Great update!!

can't wait what this week will bring for this great coin!!
 

Yes!!!Amazing muther fooking coin!!!





Axiom Team

[MickGhee]

to all gpu miners

[Epsylon3]

actually its more the miners who are exploiting the unemployed dev...

and always want more for free, and cry like babies if something is kept private

[trader19]

AXIOM Brief Status Update - Monday, August 3rd, 2015



Acknowledging the private GPU miner problem

It is our core belief that the only means of advancing this technology, is to take the problems and demands on directly. The community has spoken, the current GPU miner has lead to stress from many of our investors, though we do not currently consider the GPU miner to be a threat to the actual fairness of the coin, with the current hash rate, adjusting block rewards, staking and  scalability when compared to the ease of use, electrical costs, and widespread availability of the CPU. Everyone with a computer owns a CPU, anyone can mine AXIOM with a click of a button not everyone owns a GPU. Currently the CPU mining power on the network grossly outweighs that of the GPU.



Hardening the algorithm for further GPU resistance

We have spent the last several days researching different algorithms that may solve our current needs for continued GPU resistance.

We will be making these methods and the dates of our planned implementations public during this week of Monday August 3rd.

We are testing raising memory requirements and possibly using disk I/O as part of the algorithm.

If testing is successful and algorithm changes do not put too much strain on regular wallet users, AXIOM POW algo will be hardforked to AxiomMemHash 2.0.



AxiomPOS (POS 3.0)

More information on our proposed POS improvements coming.




This is a short brief of our near-future plans. More information, details, timeline, and whitepaper will be released during this week of August 3rd.

https://twitter.com/AxiomCrypto/status/628206945883664384

POS 3.0  sounds great yay. good update ty dev

[chrysophylax]

actually its more the miners who are exploiting the unemployed dev...

and always want more for free, and cry like babies if something is kept private

ill buy the next gpu miner when it comes out - as im sure it will - for this coin ...

unlike most who want for free consistently - there is a fine line between greed and accessibility to vehicles of mining ... if that costs - then so be it ...

put me on the list and pm me when its ready ... especially an optimized one ...

there never has been - nor ever will be - an intention to exploit the dev that feeds us - the miner ...

i think that is an unfair and broad stroke you just brushed us with epsylon3 ...

i am doing what i can for the devs in general - especially to raise awareness of the incredible work devs do for us all ...

#crysx

[MickGhee]

here is how i see it

[MickGhee]

actually its more the miners who are exploiting the unemployed dev...

and always want more for free, and cry like babies if something is kept private

actually NO! If you come into an opensource project that is to benefit all, than taking that code to develop your project and closing the source is just like stealing.  U can rationalize anything to fit your viewpoint and make genocide sound fair. At the end of the day the profiteers and thieves will say we worked hard on it. Well so did the dev team  and you are stealing from them and ruining the goal of their project.. while i respect the talent and hardwork it takes to create this software, i think its regrettably dishonest  how you people introduce it into an open project .

isnt this the opensource revolution?

Some of us are here for the goal and not the profits

[Epsylon3]

yep, im stealing myself lol i said it already, im not there to kill "cpu-only" coins and i bought more on bittrex than ive mined

[chrysophylax]

actually its more the miners who are exploiting the unemployed dev...

and always want more for free, and cry like babies if something is kept private

actually NO! If you come into an opensource project that is to benefit all, than taking that code to develop your project and closing the source is just like stealing.  U can rationalize anything to fit your viewpoint and make genocide sound fair. At the end of the day the profiteers and thieves will say we worked hard on it. Well so did the dev team  and you are stealing from them and ruining the goal of their project.. while i respect the talent and hardwork it takes to create this software, i think its regrettably dishonest  how you people introduce it into an open project .

its because the devs that create 'private' miners are actually keeping their OWN work private - not the opensource code ...

thats why they can and NOT stealing from anyone ...

if you could optimize and code the miners themselves - you would ... whether you release it to the public or keep it private is actually up to you as the person that developed it ...

the devs are not selling the opensource project - they are selling the work that they put into the open source project ...

there is nothing illegal about that ... stealing IS illegal ...

if they were doing something wrong - believe me i would be one of the first to say so ... but just because you dont agree with what the devs do with their OWN work and code - doesnt mean that they are doing something wrong at all ...

there are those that will take advantage of a situation that they can do so without doing anything illegal ( like stealing ) - and there are those that will not put their hands into their own pockets ( or help with the project ) and just whine about how unfair it is that they dont have a free miner ...

im neither here nor there with it ... if they are not breaking the law - then great ... if they are - then lock em up or punish them under the law ...

i dont see any authorities going after the devs - do you? ...

#crysx

[kahir]

this feels like dark and black coin threads    keep going

[antonio8]

actually its more the miners who are exploiting the unemployed dev...

and always want more for free, and cry like babies if something is kept private

actually NO! If you come into an opensource project that is to benefit all, than taking that code to develop your project and closing the source is just like stealing.  U can rationalize anything to fit your viewpoint and make genocide sound fair. At the end of the day the profiteers and thieves will say we worked hard on it. Well so did the dev team  and you are stealing from them and ruining the goal of their project.. while i respect the talent and hardwork it takes to create this software, i think its regrettably dishonest  how you people introduce it into an open project .

isnt this the opensource revolution?

Some of us are here for the goal and not the profits

For someone with a Hero status you sound like you have not been around long.

There is no such thing as gou and asic resistance. If there was serious money to be made on this coin/algo you can bet your bottom dollar asic companies would be looking this way.

Name one coin that is cpu only that is doing anything right now.