[$XVG] VERGE [POW][MultiAlgo][TOR/i2P][no premine/ico!]

[fosco333]

voted
scrypt, x17, prime, lyra2rev2, quark
 

I don't like quark centralized big farms located in China. I'm going to start sharing some of the dirty stuff I figured out is taking place in Chinese exchanges and mining soon. Avoid Quark!

Chinese farms have been stealing electricity from state grid for a long time worse even state grid is taking a blind look to it because there's a very friendly relationship between gov and miners very different from what we read on western news. So basically they are getting free coins and dump for any price that's why sometimes it doesn't make sense the hashrate at some coins.

Exchanges are listing mostly coins which they are big bag holders they don't care how good a coin is they must be bag holders to list it it's happening with most alt coins exchanges in China. Some of those exchanges can be traced to holdings in Cayman Islands among other safe havens.

[fosco333]

I'm starting to dislike Prime now doing some thinking both prime algos are centralized in chinese miners hands and in chinese exchanges hands nothing against that but as I mentioned before  

The insane hashrate comes from Zhejiang province which is the base also for BTER exchange which btw the real ownership is also traced to Cayman Islands.

Dev could you add either neoscrypt or groestl to this scrypt, x17, lyra2rev2, blake2s option? This way we can have 5 algos option without Quark or Prime which are completely centralized mining. Very exciting seeing how Verge is now positioned as the cream of the crop in cryptos!

[mirny]

I'm starting to dislike Prime now doing some thinking both prime algos are centralized in chinese miners hands and in chinese exchanges hands nothing against that but as I mentioned before  

The insane hashrate comes from Zhejiang province which is the base also for BTER exchange which btw the real ownership is also traced to Cayman Islands.

Dev could you add either neoscrypt or groestl to this scrypt, x17, lyra2rev2, blake2s option? This way we can have 5 algos option without Quark or Prime which are completely centralized mining. Very exciting seeing how Verge is now positioned as the cream of the crop in cryptos!

this is really good point, you should consider that!



also implement ban for chinese IPs, lol

[bitspill]

also implement ban for chinese IPs, lol

Wouldn't that go against a large part of what crypto is hoping to accomplish? Additionally if anyone is using TOR or I2P that doesn't help anyway.

[myriadcoin]

scrypt, blake2s, lyra2re2, neoscrypt, groestl and let's call it a day

[Dogedarkdev]

ok last time im reseting the votes guys, these are the top most popular so far. we'll call it final in 2 days.

get to voting! (seriously, for the last time lol)

[bitspill]

ok last time im reseting the votes guys, these are the top most popular so far. we'll call it final in 2 days.

get to voting! (seriously, for the last time lol)

Options #1 and #5 are both "scrypt, x17, lyra2rev2, blake2s"

[fosco333]

ok last time im reseting the votes guys, these are the top most popular so far. we'll call it final in 2 days.

get to voting! (seriously, for the last time lol)

Options #1 and #5 are both "scrypt, x17, lyra2rev2, blake2s"

that's correct   maybe #1 or #5 is "scrypt, x17, lyra2rev2, blake2s, neoscrypt".

I voted scrypt, x17, lyra2rev2, blake2s, groestl  

[endoffiat]

ok last time im reseting the votes guys, these are the top most popular so far. we'll call it final in 2 days.

get to voting! (seriously, for the last time lol)

Options #1 and #5 are both "scrypt, x17, lyra2rev2, blake2s"

that's correct   maybe #1 or #5 is "scrypt, x17, lyra2rev2, blake2s, neoscrypt".

I voted scrypt, x17, lyra2rev2, blake2s, groestl  

I voted scrypt, x17, lyra2rev2, blake2s, groestl
you made some very valid points fosco333

[Dogedarkdev]

ok last time im reseting the votes guys, these are the top most popular so far. we'll call it final in 2 days.

get to voting! (seriously, for the last time lol)

Options #1 and #5 are both "scrypt, x17, lyra2rev2, blake2s"

hehe thanks bitspill, to the rescue =]

[Dogedarkdev]

I seem to be experiencing issues with the Verge wallet, blocks are not being downloaded beyond block 284542.

I have installed the Verge wallet from the latest git (version v1.2.0.0-beta) on my Debian box.

I have performed the below without any luck:-

1. Deleted the wallet.DAT and recreated.
2. Deleted the .VERGE directory and recreated.

Still the wallet only downloads to 284542.

Any ideas?

let it sit and check it later, itll sync, just takes a while. this issue will be fixed in the new multi algo release coming out shortly.

[clickerz]

I voted scrypt, x17, lyra2rev2, blake2s . Hope they  will be included soon.

let it sit and check it later, itll sync, just takes a while. this issue will be fixed in the new multi algo release coming out shortly.

I bought my first XVG today from c-cex and Im waiting for this new multi algorithm wallet to transfer on my desktop. I am very convince that this coin has a great potential in the future.  I believe on people behind this project.

[bitLeap]

I voted scrypt, x17, lyra2rev2, blake2s . Hope they  will be included soon.

let it sit and check it later, itll sync, just takes a while. this issue will be fixed in the new multi algo release coming out shortly.

I bought my first XVG today from c-cex and Im waiting for this new multi algorithm wallet to transfer on my desktop. I am very convince that this coin has a great potential in the future.  I believe on people behind this project.

That's cool clickerz   Verge is always pushing more and more it's a great coin which definately will keep growing you got in at a very good time  

[bitLeap]

Let's wait as suggested by dev!

I think we should do one more round of Poloniex coin request https://poloniex.com/coinRequest
you can add whatever you think is relevant this is what I just sent them

What is the name of the coin? *
e.g. "Litecoin"

Verge

What is the coin's symbol? *
e.g. "LTC"

XVG

Please link to the announcement page. *
e.g. https://bitcointalk.org/index.php?topic=47417.0

www.bitcointalk.org/index.php?topic=1365894

If the coin has a website, please link it here.
e.g. https://litecoin.org/

www.vergecurrency.com

If the coin has a block explorer, please link it here.
e.g. http://explorer.litecoin.net/

www.blockexperts.com/xvg

Please explain why you would like to see this coin added to the exchange. *

Verge has been around since 2014 development is always getting more and more features great community and very good market demand main exchange was Cryptsy so there's still a gap to be filled and Poloniex would be the natural exchange for filling that gap.

If this coin has any significant innovations over other coins, please elaborate on them here.
e.g. "Litecoin uses the scrypt proof-of-work algorithm in an attempt to make mining possible for the average person and their own computer."

Dedicated XVG Tor nodes
Dedicated XVG i2P nodes
Multi Algo mining
Verge Tor Electrum Wallet
Etc.

[wttbs]

Some info about the algorithms:

Quark
Quark is super secure and uses a different hashing algorithm with 9 rounds of hashing from 6 unique hashing functions (blake, groestl, blue midnight wish, jh, SHA-3, skein). 3 rounds deliver a random hashing function. Even though most believe the SHA2 is sufficient at present, technology is always changing and improving. Just one of Quark's algos, SHA-3, was developed after SHA-2 in case it was somehow comprised in the future. The multiple hash gives a further layer of security against unknowns that will enter the market down the road. Only CPU mined

Groestl
The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.
Can and is accelerated by the hardware AES support present in most modern Intel CPUs, which helps reduce the efficiency gap between a CPU and other implementations. Groestl (old GPU/CPU) – Groestl makes a wide range of tradeoffs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos. Due to the less complex hashing, Groestl performs well on older GPU’s as well as CPU’s.
tech info: http://www.groestl.info/Groestl.pdf

Blake2s
The Blake2s algorithm is a new entry in the crypto mining scene and while initially there was only CPU mining support available for it now there is also a ccMiner fork with support for Blake2s algorithm on Nvidia GPUs (source). The initial CPU mining support for Blake2s was first introduced in cpumuiner-multi from tpruvot, though there is now a new more-efficient CPU miner available here. With the release of a GPU miner however CPU mining might be not worth it anymore, even though for the moment there is only GPU mining available for Nvidia-based video cards and no for AMD, but soon we are probably going to see Blake2s supported on AMD as well.
full info: https://blake2.net/#sp

X17
No much recent info, most is from 2014   it's GPU based mining. You can use SGminer with -X17 option: https://github.com/LordzS/sgminer-x17

scrypt
well known. info: https://litecoin.info/Scrypt
You can use GPU's or Scrypt-miners.

lyra2rev2
a proof-of-work algorithm. GPU mining. Can be used by SGminer as well.
extra info: https://en.wikipedia.org/wiki/Vertcoin

Neoscrypt
NeoScrypt is CPU and GPU mining
extra info: http://www.feathercoin.com/neo-scrypt-press-release.pdf

[BITDV]

Some info about the algorithms:

Quark
Quark is super secure and uses a different hashing algorithm with 9 rounds of hashing from 6 unique hashing functions (blake, groestl, blue midnight wish, jh, SHA-3, skein). 3 rounds deliver a random hashing function. Even though most believe the SHA2 is sufficient at present, technology is always changing and improving. Just one of Quark's algos, SHA-3, was developed after SHA-2 in case it was somehow comprised in the future. The multiple hash gives a further layer of security against unknowns that will enter the market down the road. Only CPU mined

Groestl
The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.
Can and is accelerated by the hardware AES support present in most modern Intel CPUs, which helps reduce the efficiency gap between a CPU and other implementations. Groestl (old GPU/CPU) – Groestl makes a wide range of tradeoffs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos. Due to the less complex hashing, Groestl performs well on older GPU’s as well as CPU’s.
tech info: http://www.groestl.info/Groestl.pdf

Blake2s
The Blake2s algorithm is a new entry in the crypto mining scene and while initially there was only CPU mining support available for it now there is also a ccMiner fork with support for Blake2s algorithm on Nvidia GPUs (source). The initial CPU mining support for Blake2s was first introduced in cpumuiner-multi from tpruvot, though there is now a new more-efficient CPU miner available here. With the release of a GPU miner however CPU mining might be not worth it anymore, even though for the moment there is only GPU mining available for Nvidia-based video cards and no for AMD, but soon we are probably going to see Blake2s supported on AMD as well.
full info: https://blake2.net/#sp

X17
No much recent info, most is from 2014  it's GPU based mining. You can use SGminer with -X17 option: https://github.com/LordzS/sgminer-x17

scrypt
well know. info: https://litecoin.info/Scrypt
You can use GPU's or Scrypt-miners.

lyra2rev2
a proof-of-work algorithm. GPU mining. Can be used by SGminer as well.
extra info: https://en.wikipedia.org/wiki/Vertcoin

Neoscrypt
NeoScrypt is CPU and GPU mining
extra info: http://www.feathercoin.com/neo-scrypt-press-release.pdf

New my github would get used for something one day lol

https://github.com/LordzS/sgminer-x17

[giantkin]

Some info about the algorithms:

Quark
Quark is super secure and uses a different hashing algorithm with 9 rounds of hashing from 6 unique hashing functions (blake, groestl, blue midnight wish, jh, SHA-3, skein). 3 rounds deliver a random hashing function. Even though most believe the SHA2 is sufficient at present, technology is always changing and improving. Just one of Quark's algos, SHA-3, was developed after SHA-2 in case it was somehow comprised in the future. The multiple hash gives a further layer of security against unknowns that will enter the market down the road. Only CPU mined

Groestl
The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.
Can and is accelerated by the hardware AES support present in most modern Intel CPUs, which helps reduce the efficiency gap between a CPU and other implementations. Groestl (old GPU/CPU) – Groestl makes a wide range of tradeoffs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos. Due to the less complex hashing, Groestl performs well on older GPU’s as well as CPU’s.
tech info: http://www.groestl.info/Groestl.pdf

Blake2s
The Blake2s algorithm is a new entry in the crypto mining scene and while initially there was only CPU mining support available for it now there is also a ccMiner fork with support for Blake2s algorithm on Nvidia GPUs (source). The initial CPU mining support for Blake2s was first introduced in cpumuiner-multi from tpruvot, though there is now a new more-efficient CPU miner available here. With the release of a GPU miner however CPU mining might be not worth it anymore, even though for the moment there is only GPU mining available for Nvidia-based video cards and no for AMD, but soon we are probably going to see Blake2s supported on AMD as well.
full info: https://blake2.net/#sp

X17
No much recent info, most is from 2014   it's GPU based mining. You can use SGminer with -X17 option: https://github.com/LordzS/sgminer-x17

scrypt
well know. info: https://litecoin.info/Scrypt
You can use GPU's or Scrypt-miners.

lyra2rev2
a proof-of-work algorithm. GPU mining. Can be used by SGminer as well.
extra info: https://en.wikipedia.org/wiki/Vertcoin

Neoscrypt
NeoScrypt is CPU and GPU mining
extra info: http://www.feathercoin.com/neo-scrypt-press-release.pdf

That is excellent summary.  wish it was up before I voted.  it might have changed my direction.  (tho, it doesnt look like it did..it might have)

g

Edit.  Just read the Blake2  page.   so many versions...    looks like Blake2b woulda been my choice.    64b ! lol.         and looks totally different than what i was mining.

maybe not. but dang.

g

[Dogedarkdev]

Some info about the algorithms:

Quark
Quark is super secure and uses a different hashing algorithm with 9 rounds of hashing from 6 unique hashing functions (blake, groestl, blue midnight wish, jh, SHA-3, skein). 3 rounds deliver a random hashing function. Even though most believe the SHA2 is sufficient at present, technology is always changing and improving. Just one of Quark's algos, SHA-3, was developed after SHA-2 in case it was somehow comprised in the future. The multiple hash gives a further layer of security against unknowns that will enter the market down the road. Only CPU mined

Groestl
The design of Grøstl is transparent and based on principles very different from those used in the SHA-family.The two permutations used are constructed using the wide trail design strategy, which makes it possible to give strong statements about the resistance of Grøstl against large classes of cryptanalytic attacks. Moreover, if these permutations are assumed to be ideal, there is a proof for the security of the hash function.
Can and is accelerated by the hardware AES support present in most modern Intel CPUs, which helps reduce the efficiency gap between a CPU and other implementations. Groestl (old GPU/CPU) – Groestl makes a wide range of tradeoffs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos. Due to the less complex hashing, Groestl performs well on older GPU’s as well as CPU’s.
tech info: http://www.groestl.info/Groestl.pdf

Blake2s
The Blake2s algorithm is a new entry in the crypto mining scene and while initially there was only CPU mining support available for it now there is also a ccMiner fork with support for Blake2s algorithm on Nvidia GPUs (source). The initial CPU mining support for Blake2s was first introduced in cpumuiner-multi from tpruvot, though there is now a new more-efficient CPU miner available here. With the release of a GPU miner however CPU mining might be not worth it anymore, even though for the moment there is only GPU mining available for Nvidia-based video cards and no for AMD, but soon we are probably going to see Blake2s supported on AMD as well.
full info: https://blake2.net/#sp

X17
No much recent info, most is from 2014  it's GPU based mining. You can use SGminer with -X17 option: https://github.com/LordzS/sgminer-x17

scrypt
well know. info: https://litecoin.info/Scrypt
You can use GPU's or Scrypt-miners.

lyra2rev2
a proof-of-work algorithm. GPU mining. Can be used by SGminer as well.
extra info: https://en.wikipedia.org/wiki/Vertcoin

Neoscrypt
NeoScrypt is CPU and GPU mining
extra info: http://www.feathercoin.com/neo-scrypt-press-release.pdf

New my github would get used for something one day lol

https://github.com/LordzS/sgminer-x17

did you create that miner? or is it just a clone of another repo?

[Beachguy]

@wttbs - thanks for the summary, huge help.

Voted ....and seem to have made the majority choice.

[Dogedarkdev]

I think we should do one more round of Poloniex coin request https://poloniex.com/coinRequest
you can add whatever you think is relevant this is what I just sent them

What is the name of the coin? *
e.g. "Litecoin"

Verge

What is the coin's symbol? *
e.g. "LTC"

XVG

Please link to the announcement page. *
e.g. https://bitcointalk.org/index.php?topic=47417.0

www.bitcointalk.org/index.php?topic=1365894

If the coin has a website, please link it here.
e.g. https://litecoin.org/

www.vergecurrency.com

If the coin has a block explorer, please link it here.
e.g. http://explorer.litecoin.net/

www.blockexperts.com/xvg

Please explain why you would like to see this coin added to the exchange. *

Verge has been around since 2014 development is always getting more and more features great community and very good market demand main exchange was Cryptsy so there's still a gap to be filled and Poloniex would be the natural exchange for filling that gap.

If this coin has any significant innovations over other coins, please elaborate on them here.
e.g. "Litecoin uses the scrypt proof-of-work algorithm in an attempt to make mining possible for the average person and their own computer."

Dedicated XVG Tor nodes
Dedicated XVG i2P nodes
Multi Algo mining
Verge Tor Electrum Wallet
Etc.

you dont think we should wait for the next release? what if they add us today and then have to change their wallet so soon? i think waiting is best.