Who can make a more CPU-friendly altcoin!

[zhaojundong]

 

we need a altcoin like yacoin but maybe better
thx!

[evilscoop]

define better ?

[tamehuang]

yacoin is good enough, i think.

[esuncloud]

Actually I am interested in this and maybe study this a little bit later..

[zhaojundong]

define better ?

maybe no Botnets

[zhaojundong]

yacoin is good enough, i think.

yep !
but Botnets and Bter .... YOU KNOW

[zhaojundong]

Actually I am interested in this and maybe study this a little bit later..

  OK

[evilscoop]

that the problem of cpu coins....

I do have an idea for a new coin, but it'll take a lot of coding, and atm I dont have the time....dont think it'd be cpu friendly though, but def asic unfriendly

[barwizi]

 am working on it right now, but i wont release it until it can withstand AWS and GPU porting. that's the challenge.

[tom_o]

that the problem of cpu coins....

I do have an idea for a new coin, but it'll take a lot of coding, and atm I dont have the time....dont think it'd be cpu friendly though, but def asic unfriendly

Someone need to make one you solve with a pen n paper.

[wmikrut]

I like Yacoin only because --- it's CPU only at the moment.
I also like the the Proof of Stake integrated into the coin (oh yeah, it's a NVC fork).

What scares me with this coin is 'what if' someone modifies a GPU miner to use scrypt-jane.

Which leads me to the next question -- is that even likely.  
I am sure anything can be done... but can GPUs even run scrpyt-jane efficiently, or is it a waste of time.

That answer will define where YAC is likely to head in the future.

[nearmiss]

I thought even if GPU's could mine it, the gains wouldn't be the same magnitude of scrypt/sha, and that benefit would decrease over time as N increased?

[zhaojundong]

Every PC have a CPU
but not every PC have a good GPU
so CPU only is better
but anti - botnets!

[wmikrut]

My point exactly... you 'might' be able to mine it with a GPU... but doing so would be a complete waste of time.  Mining any other chain would always be more profitable that GPU mining YAC.

With that being said -- that kind of sets YAC aside into a unique category.
CPU only -- with proof if stake.

IMHO -- that really is a great combination.

[PeeJWeeJ]

My question is, why?

One of the advantages of YAC was that anybody could supposedly mine for it because it's much easier to CPU mine when compared to GPU mining. However, no average (non techy) user has a computer with a processor that has more than 4 to 8 cores, toping out around 50 KH/s . This compared to people that have access to (whether legitimate or not) massive blocks of processors that can do 100 times what an average user would ever be able to reach. Not to mention if it ever became profitable cloud computing services would completely outdo any other way of mining.

At least with GPU friendly coins there is the potential for somebody to go out and spend 1000$ and make 100$ a month mining. If a CPU coin ever became truly viable, the only people to whom it would be worth mining would be people that already have access to massive resources or have the knowhow to set up cloud computing to mine.

[ntkrnl]

yeah
botnet friendly

[wmikrut]

As for cloud computing.. I can't see that as a strong argument.
Someone who has the resources can go out and but 100 GPUs, FPGA's or ASIC's and put them online... we face that problem now.

I like that it's resistant to GPU/FPGA and ASICS (I own GPUs and FPGAs -- and I still like the concept).
However, I see how GPU/FPGA/ASIC mining kind of solves the botnet issue... or, slows it down to a degree.

I see how the botnet issue is a wrinkle in the fabric of CPU only coins.
I can definitely see how someone 'could' solve this issue in the client -- but as soon as someone creates a pool for it, it's all over. 

Perhaps a client/pool that 'forces' a unique password for each miner... and impose password changing rules.
That could potentially shut down a botnet from mining  (solo or pool).

[TomHartburg]

I think you might just be better off buying yourself a GPU. I liked that YAC was "average user" friendly, but ANY coin will rapidly become only viable and profitable to mine by those with the knowledge or the hardware. This is capitalism. It is how it works and it is how it HAS to work.

I like cryptocoins because of the ingenuity of the coins and the patterns you see developing in the markets (boom and bust) and the communities (FUD etc). I feel like it lets me see inside capitalism in a way that is normally only open to high flying execs. I'm not a capitalist though, quite the opposite, so I don't agree that this is a good model but it IS the model that cryptocoins exist within.

The only way (I can think of) you could make sure that everyone was getting a fair deal would be to distribute coins from blocks across the whole network each time a block was solved. This would of course require everyone had only 1 address, and how you'd ensure that is another problem that I don't know the answer to.

You could call it SocCoin. 0.01 YAC to the first person to guess what thats short for.

[evilscoop]

I was thinking more of a pool that could block ip blocks...ie only one miner from said block, the others have to wait in a queue.....

[evilscoop]

socialist