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giantkin
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March 16, 2016, 10:14:36 PM |
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so,...
from what i gather now... that it wouldnt really help the scrypt mining part. it would still get stuck, leaving me and others only on scrypt dead ?
it might be good for the overall coin.. but doesnt solve the problem. just... a bypass.
guess i should have read more up on it before voting.
g
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http://choicehost.biz Domains and DIY -hosting I save $5 or so, for each domain a year. (Compared to other Domain Registrars)
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p75formula
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March 16, 2016, 10:20:47 PM |
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so,...
from what i gather now... that it wouldnt really help the scrypt mining part. it would still get stuck, leaving me and others only on scrypt dead ?
it might be good for the overall coin.. but doesnt solve the problem. just... a bypass.
guess i should have read more up on it before voting.
g
That's kind of missing the point though. The idea is to have a healthy functioning blockchain. Are you really getting rich mining because I'm not. I'm on scrypt and will continue to mine on scrypt. |
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chey
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March 16, 2016, 10:45:09 PM |
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so,...
from what i gather now... that it wouldnt really help the scrypt mining part. it would still get stuck, leaving me and others only on scrypt dead ?
it might be good for the overall coin.. but doesnt solve the problem. just... a bypass.
guess i should have read more up on it before voting.
g
You won't do any worse or better than you already are. It just depends on the difficulty. But based on what I've read multi-algo will prevent the blockchain from stopping when the big farms hit it because all the miners on the other algo's will keep confirming transactions. |
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Rabid Parrots
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March 16, 2016, 11:07:10 PM |
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I know next to nothing about mining, but that Blake-256 algo looks pretty snazzy.
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TheSignsGuy
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March 16, 2016, 11:10:04 PM |
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so,...
from what i gather now... that it wouldnt really help the scrypt mining part. it would still get stuck, leaving me and others only on scrypt dead ?
it might be good for the overall coin.. but doesnt solve the problem. just... a bypass.
guess i should have read more up on it before voting.
g
You won't do any worse or better than you already are. It just depends on the difficulty. But based on what I've read multi-algo will prevent the blockchain from stopping when the big farms hit it because all the miners on the other algo's will keep confirming transactions. A healthier blockchain may also make your coins more valuable as you mine them. |
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mirny
Legendary
 Offline
Activity: 1108
Merit: 1005
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March 17, 2016, 12:52:17 AM |
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Is it possible to make something like,
Lyra2REv2 feat. Cryptonote vs X11?
just curious...
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This is my signature...
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jwinterm
Legendary
Offline
Activity: 3038
Merit: 1107
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March 17, 2016, 01:01:27 AM |
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How does the multi-algo work? If Scrypt has high difficulty, the other one will continue to move the chain?
Each algo has an independent target time. So, if you have five algos, each with a five minute target block time, then when they are all running together you should have a one minute block time on average. Even if one or two get stuck for whatever reason (like verge is prone to do), then you should still have the other ones finding blocks and keeping chain moving. Ah, that's cool. Do you know, if one or 2 get stuck, do the others compensate to get the block time to around 1 per minute? IE is the difficulty calculated to take block time as a whole into account, or just the block time for the specific algorithm? Afaik, no, there are generally independent of each other. Myriadcoin had a problem with Sha and Scrypt getting stuck due to big miners jumping on and shooting the diff up then jumping off. The way it was alleviated was just by implementing auxpow on those two algos so that they have a continuous high hash rate. |
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myriadcoin
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March 17, 2016, 02:22:27 AM |
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Is it possible to make something like,
Lyra2REv2 feat. Cryptonote vs X11?
just curious...
Unfortunately I don't know if Bitcoin forks can merge mine with Cryptonote coins. But it would be cool to implement a couple of the popular algorithms like X11, lyra2re2, or neoscrypt. It would help distinguish Verge from Myriad. |
Myriad: the ORIGINAL and fairest distribution 5 algo coin, which I did not develop. http://myriadcoin.orgNOT the Myriad developer. Just a fan. |
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leancuisine
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March 17, 2016, 02:54:09 AM |
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Nice Crypto! Fellow VERGE'ers should follow @Cryptorekt's lead and join the VERGE Herd Today! Let's get an entire on-line network of VERGE Blogs & Crypto Websites up and running this year :-) |
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Dogedarkdev (OP)
Legendary
Offline
Activity: 1708
Merit: 1009
$XVG - The Standard in Crypto as a Currency!
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March 17, 2016, 02:57:25 AM |
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Is it possible to make something like,
Lyra2REv2 feat. Cryptonote vs X11?
just curious...
Unfortunately I don't know if Bitcoin forks can merge mine with Cryptonote coins. But it would be cool to implement a couple of the popular algorithms like X11, lyra2re2, or neoscrypt. It would help distinguish Verge from Myriad. distinguishing ourselves is easy, because multi-algo isnt our main feature ;] |
_///// [$XVG] ★★★★★WE ARE ON THE VERGE ★★★★★ [MULTI-ALGO] /////_
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forzendiablo
Legendary
Offline
Activity: 1526
Merit: 1000
the grandpa of cryptos
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March 17, 2016, 04:01:52 AM |
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i love price raise since DOGED became XVG
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yolo
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endoffiat
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March 17, 2016, 04:12:08 AM |
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What about the iBeLink DM384M X11 ASIC Miner that is selling for $2,000
Maybe we should count X11 out.
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Dogedarkdev (OP)
Legendary
Offline
Activity: 1708
Merit: 1009
$XVG - The Standard in Crypto as a Currency!
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March 17, 2016, 04:30:44 AM |
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What about the iBeLink DM384M X11 ASIC Miner that is selling for $2,000
Maybe we should count X11 out.
but the point is that if one algo starts pulling all our work, like scrypt, the other algos can fight back, so even if we have a farm on x11 and one on scrypt, at least its not one farm getting it all |
_///// [$XVG] ★★★★★WE ARE ON THE VERGE ★★★★★ [MULTI-ALGO] /////_
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endoffiat
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March 17, 2016, 05:22:35 AM
Last edit: March 17, 2016, 07:38:49 AM by endoffiat |
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What about the iBeLink DM384M X11 ASIC Miner that is selling for $2,000
Maybe we should count X11 out.
but the point is that if one algo starts pulling all our work, like scrypt, the other algos can fight back, so even if we have a farm on x11 and one on scrypt, at least its not one farm getting it all I see your point, it doesn't matter what algo.  Edit: I guess my point was that, could we potentially have Scrypt and X11 Algorithms both freeze up due to Asic hash rates. It does seem that GPU friendly Algorithms are very popular though. |
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bitLeap
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March 17, 2016, 07:27:35 AM
Last edit: March 17, 2016, 09:13:39 AM by bitLeap |
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What about the iBeLink DM384M X11 ASIC Miner that is selling for $2,000
Maybe we should count X11 out.
but the point is that if one algo starts pulling all our work, like scrypt, the other algos can fight back, so even if we have a farm on x11 and one on scrypt, at least its not one farm getting it all I see your point, it doesn't matter what algo. #Blackhole Tech - Verge is the only truly untraceable crypto-currency. Among other features #MineVerge Tech - Makes Verge the most decentralized crypto-currency in the entire crypto-currencies world. I think it's important to go for popular algos (here you have most of them http://www.coinwarz.com/cryptocurrency) and as many as possible. I would suggest Scrypt-N, Scrypt, X11, Keccak, NeoScrypt, CryptoNight, Lyra2REv2, PoW: prime numbers(RieCoin), PoW Cunningham (Primecoin) and Blake-256. All those algos have strong supporters. Multi-algo feature cannot be underestimated it's yet another great feature! |
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endoffiat
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March 17, 2016, 07:46:44 AM |
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just edited my previous post lol GPU friendly algorithms seem to be very popular.  |
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sandan2002
Member
Offline
Activity: 143
Merit: 10
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March 17, 2016, 10:47:38 AM |
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I send yesterday some verge from my wallet to bittrex and i have only 16 confirmation in 48 hours
Fuck that mining farm from China.
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bitLeap
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March 17, 2016, 10:52:35 AM |
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I send yesterday some verge from my wallet to bittrex and i have only 16 confirmation in 48 hours
Fuck that mining farm from China.
yep and from that Verge will come out even more decentralized. |
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hakunnamatata
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March 17, 2016, 10:58:44 AM |
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I send yesterday some verge from my wallet to bittrex and i have only 16 confirmation in 48 hours
Fuck that mining farm from China.
yep and from that Verge will come out even more decentralized. Yeah very irritating. I went to sell some at 40 but my deposit to bittrex has been pending over 3 days. And I'm not gonna sell for the price now so i'm just gonna withdraw them when they ever clear and hold til the problem is solved. |
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Poll
