[ANN] *Aborted* Bitcoin Resilience: Cuckoo Cycle PoW Bitcoin Hardfork

[hodlor1]

Bitcoin Resilience

Update: Project Aborted! (for now)
Due to the peaceful cancellation of segwit2x we're aborting this project for now with mixed emotions
should the miners once again become a problem we will be ready to re-launch.

thanks you everyone for your support
today was a great victory for Bitcoin Smiley

Background

In recent months it has become self-evident that bitcoin mining is extremely centralized.
While the greater community shows almost no interest in the 2X fork, the threat of using said
centralized hashrate to disrupt the core chain to the benefit of 2X or BCash for a long period of time remains real.

An ASIC resistant PoW alternative where ASIC miners are not able to slow down progress must be available for the community.
(And Equihash forks with premine and consensus rules changes are clearly not it, sorry)


Cuckoo Cycle

We've picked the most ASIC resistant algorithm we could find:
https://github.com/tromp/cuckoo


Commitment to zero disruption to core chain

• We will fork on the same block as 2X does. This serves a double purpose:
   1. Services are already suspending activities because of the 2X fork
   2. If the core chain is attacked (reorg, wipeout, double spends, …), this is the time to offer the alternative
• "Magic bytes" are changed so Resilience nodes will not connect to core nodes

Details

Algorithm: Cuckoo Cycle: 42-cycle with a graph size of 2^30 (2^20 on testnet)
Premine: No.
Added Difficulty retarget: Emergency only
Two-Way Replay Protection: Yes
Intended for GPU mining.


Contribute

This project is done by volunteers, and we need your help!
If you're interested in supporting this project, please join our slack:
Invite Link


Projects and sources

Node: https://github.com/hodlor1/bitcoin/tree/resilience
Pool implementation: https://github.com/hodlor1/ckpool
Miner implementation: https://github.com/hodlor1/sgminer
(Miner is provided as reference implementation as is not fully optimized)

[evilcrypto]

How to mine ?

[hurr1cane]

hi, can we get all this compiled into windows please and where is the cuckoo cycle algorithm wallet  

[olkah]

DEV ALGO COIN !!!!!!!!

[Children of Gaia]

DEV ALGO COIN !!!!!!!!

Not scrypt. Not even ASIC. Go away.

[olkah]

DEV ALGO COIN !!!!!!!!

Not scrypt. Not even ASIC. Go away.

WHAT ELSE do you NEED

[olkah]

IF THIS COIN FOR CARDS THEN IT'S COMPLETE SHIT!!!!!!

[Children of Gaia]

IF THIS COIN FOR CARDS THEN IT'S COMPLETE SHIT!!!!!!

ASIC's and corporate miners are complete shit. For sure.  
I wish this project good luck. Will see about it. And I'm waiting for working, compiled stuff ofc. Without it from start this project won't be successful.

[olkah]

IF THIS COIN FOR CARDS THEN IT'S COMPLETE SHIT!!!!!!

ASIC's and corporate miners are complete shit. For sure. 
I wish this project good luck. Will see about it.

ASIC's s the best OF the BEST THAT CAN BE
MINING ON GRAPHICS CARDS IS COMPLETE SHIT!!!!!!!!!!!!

[okan1964]

Mining on the ASICS is not fair . Full centralized!

[savioroshan]

IF THIS COIN FOR CARDS THEN IT'S COMPLETE SHIT!!!!!!

ASIC's and corporate miners are complete shit. For sure. 
I wish this project good luck. Will see about it.

ASIC's s the best OF the BEST THAT CAN BE
MINING ON GRAPHICS CARDS IS COMPLETE SHIT!!!!!!!!!!!!

Why buddy, you are so fond of asic miners. This coin is developed to be mined by using gpu and not asic. In my opinion gpu mining coins are good. GPU cards are easily affordable by everyone than asic miners. This gives everybody a equal chance to mine their coins. Not all have the money to buy asic miners. And I believe that cryptocurrency is made for the common people, not for a group of wealthy people.

[RafaNadalTheBest]

On which exchanges will tokens be traded?

[hodlor1]

updated the info cuckoo cycle PoW parameters

[riemannmolds]

What is the current token valuation?

[Children of Gaia]

There is only AMD miner? Not NVIDIA?

[Iwuzhaxxed]

Mining on the ASICS is not fair . Full centralized!

No really, this used the be the argument when they first came out. I'm guessing form the GPU guys who had invested in gpu farms.. Anyone can buy asics like anyone can buy GPUs. Its the same shit nowadays.

I have both a scrypt asic farm, sha256 asics and a gpu farm. I think many miners are in the same boat as me now since asics have been around for 4 years.

[itasannah]

Looking everyone talking about mining, did this ANN thread just focusing on mining, will it be available for some bounties to be open?

[thegrey]

Gotta laugh of the mining discussion here
The project seems fun, but what is the product or gold? There are thousands of currencies that don't have any real purpose, and this seems like yet another. The algo and and technology seems interesting enough, but it doesn't bring much to the table.
Where does the potential value really come from?
Why should people buy this in the future?
What is a cuckoo coin?
Good luck, looks fun!

[hodlor1]

As explained in the OP, the value comes from the fact that the current bitcoin miners have been actively holding back progress for years and are now openly talking about killing the existing chain with a few ideas on the table about just how they could do it

[R_Oliver]

In which country this will be working? This will be for limited countries?