[XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency

[n4ru]

Has anybody made a GPU miner yet?

a GPU miner will drive up the difficulty and lower the block reward. We'll be dealing with the same exact shit again. What's the point?

"Oh noes don't release a public GPU miner so everyone who can't make one in private suffers".

I'll try to compile one later today.

[KrLos]

Finally 1 block of 19.67 in 12 hours...

This is harsh...

I had a phenom II x4 955, minig with 3 threads. getting ~65-80.

[A L I E N]

Has anybody made a GPU miner yet?

a GPU miner will drive up the difficulty and lower the block reward. We'll be dealing with the same exact shit again. What's the point?

"Oh noes don't release a public GPU miner so everyone who can't make one in private suffers".

I'll try to compile one later today.

Hope you are successful

[jgarzik]

Cool stuff.  It's great to see all the xperiments and side projects spurred by bitcoin's entrance into the technology world.

[craslovell]

Effectively it's impossible to pump and dump XPM.

I agree. I always wanted to see a CPU-only (no GPU mining ever) coin..
I was hoping for YAC to be CPU-only, but then GPU miners started popping and

You are very naif to think GPU miners for XPM are not already in use.

@ SunnyKing

You should have know that many won't get any coins but dozens will get all of them. You should have know pool for XPM would be ideal solution,
to insure better spread of generated coins. You should have know announcing new altcoin the way you did it is just bad deal. You are on this board
for years now but it seems you have learnt very little. Or it is just like with PPCoin, where dozens including you were ready to instamine it, and got
millions of coins in just few days after the launch?

It seems you are still after original get-rich-quick schemes. Genius, but still scammer.

Millions? Take a look at the total supply mined thus far

[eule]

"blocks" : 2070,
"moneysupply" : 41503.7900000

1 block of primecoins should be worth quite a bit.  

[Boing7898]

I agree. I always wanted to see a CPU-only (no GPU mining ever) coin..
I was hoping for YAC to be CPU-only, but then GPU miners started popping and

You are very naif to think GPU miners for XPM are not already in use.

b-bu-but muh cpu farms..

[Sunny King]

I have a very strong academic mathematics background. 'scientific value' is a subjective statement. Most mathematicians would regard anything new or original as advancing mathematics. Do you think patterns in integers have scientific value? Depends on the pattern to an extent and if there are any clear consequences but you'll get varied answers to that question. Some mathematicians and especially scientists such as physicists are snobbish and only regard maths that has a 'real world' application as being useful. It's not clear to me whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work. Either way, it has value since it will add new data which will either disprove conjectures or strengthen the likelihood of them being true... plus the analysis of the discovered data could in theory lead to new conjectures (note I know next to nothing about these chains and how much data of them is out there, I'm just writing this reply of the top of my head).

You can also look at this another way. This project could provide a financial incentive for individuals to develop more optimised GPU prime finding algorithms, the theory of which could lead to a greater understanding of prime number distribution e.g. a new sieve or similar construct.

Sunny, can you please clarify whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work.

Of course these primes are all 'new'. Finding 'new' primes is not the point, and primes are super-abundant there is no database can store them, it's always trivial to find one not stored in any database.

The point of GIMP is to find the largest known (Mersenne) prime, while the point of primecoin is to find longest chain of reasonable size limit (256 bits to 2000 bits as currently designed). Which one of the two projects is more useful is highly debatable actually. Mersenne has a very long history of study, its infinite existence is not known and they are scarce (only about 50 of them known). While for prime chains, as pointed out by my design paper, these prime chains are connected to the distribution of primes, their infinite existence and distribution is among the top wonders of arithmetic, you know how much mathematician value twin prime conjecture right? At right now I think some mathematicians consider the distribution of these longer chains hopelessly untouchable, and maybe will stay another millenium    

[mustyoshi]

I have a very strong academic mathematics background. 'scientific value' is a subjective statement. Most mathematicians would regard anything new or original as advancing mathematics. Do you think patterns in integers have scientific value? Depends on the pattern to an extent and if there are any clear consequences but you'll get varied answers to that question. Some mathematicians and especially scientists such as physicists are snobbish and only regard maths that has a 'real world' application as being useful. It's not clear to me whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work. Either way, it has value since it will add new data which will either disprove conjectures or strengthen the likelihood of them being true... plus the analysis of the discovered data could in theory lead to new conjectures (note I know next to nothing about these chains and how much data of them is out there, I'm just writing this reply of the top of my head).

You can also look at this another way. This project could provide a financial incentive for individuals to develop more optimised GPU prime finding algorithms, the theory of which could lead to a greater understanding of prime number distribution e.g. a new sieve or similar construct.

Sunny, can you please clarify whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work.

Of course these primes are all 'new'. Finding 'new' primes is not the point, and primes are super-abundant there is no database can store them, it's always trivial to find one not stored in any database.

The point of GIMP is to find the largest known (Mersenne) prime, while the point of primecoin is to find longest chain of reasonable size limit (256 bits to 2000 bits as currently designed). Which one of the two projects is more useful is highly debatable actually. Mersenne has a very long history of study, its infinite existence is not known and they are scarce (only about 50 of them known). While for prime chains, as pointed out by my design paper, these prime chains are connected to the distribution of primes, their infinite existence and distribution is among the top wonders of arithmetic, you know how much mathematician value twin prime conjecture right? At right now I think some mathematicians consider the distribution of these longer chains hopelessly untouchable, and maybe will stay another millenium    

Why didn't you up the max length to 2048 bits so we can eventually produce primes that could be used to undermine ecdsa? ECDSA uses primes up to size 2^256, right?

[captainfuture]

when will difficulty retarget? will it go up or down?

[boor]

Too difficult to find one block. We need pools.

[ReCat]

Got 140 XPM from mining. Who wants to buy my privkey?

[Luckybit]

Btw is anyone is concerned about people using virtual machine instances. The easiest way SunnyKing could disable that possibility would be to exploit what virtual CPU's cannot do. They cannot create truly random numbers and cannot do entropy or encryption very well because of this.

While true (and ignored by most), it's not that hard to work around the entropy issue of virtual machines.


I don't see why you would want to punish Amazon instances. Amazon is very expensive, it just wouldn't be worth it; only hipsters with too much money use The Cloud.

Right now it doesn't seem to be worth it but we don't know how much these Primecoins are going to be worth. They could be worth 0.01 BTC each.

[mineral]

IMHO, this project is a SUBSTANTIAL improvement of bitcoin.

PoW in bitcoin (and the rest) is an arbitrary search of partial hash collisions, so NOTHING is yielded in this computing effort, just satisfying the proof, no outputs resulting of that.

With the chains of primes found (first class, second class and twined), semi-large chained primes are stored in blockchain, somehow sutaining the underlaying  theorems and giving an output to PoW effort.

People doubtfull must to think: what thing represent a more worthy output from PoW effort , find out partial hash collisions resulting less than a correlative arbitray number or finding new chains of semi large primes ? For me it is clear.

[bbxx]

i am unlucky here...
just one block within 14 hours mining on
i3@stock and i3570@stock

please share some of your coins
ALWDWYmHtPLWAax9eUxKZFfXLqRLd5emPQ

[mr_random]

I have a very strong academic mathematics background. 'scientific value' is a subjective statement. Most mathematicians would regard anything new or original as advancing mathematics. Do you think patterns in integers have scientific value? Depends on the pattern to an extent and if there are any clear consequences but you'll get varied answers to that question. Some mathematicians and especially scientists such as physicists are snobbish and only regard maths that has a 'real world' application as being useful. It's not clear to me whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work. Either way, it has value since it will add new data which will either disprove conjectures or strengthen the likelihood of them being true... plus the analysis of the discovered data could in theory lead to new conjectures (note I know next to nothing about these chains and how much data of them is out there, I'm just writing this reply of the top of my head).

You can also look at this another way. This project could provide a financial incentive for individuals to develop more optimised GPU prime finding algorithms, the theory of which could lead to a greater understanding of prime number distribution e.g. a new sieve or similar construct.

Sunny, can you please clarify whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work.

Of course these primes are all 'new'. Finding 'new' primes is not the point, and primes are super-abundant there is no database can store them, it's always trivial to find one not stored in any database.

The point of GIMP is to find the largest known (Mersenne) prime, while the point of primecoin is to find longest chain of reasonable size limit (256 bits to 2000 bits as currently designed). Which one of the two projects is more useful is highly debatable actually. Mersenne has a very long history of study, its infinite existence is not known and they are scarce (only about 50 of them known). While for prime chains, as pointed out by my design paper, these prime chains are connected to the distribution of primes, their infinite existence and distribution is among the top wonders of arithmetic, you know how much mathematician value twin prime conjecture right? At right now I think some mathematicians consider the distribution of these longer chains hopelessly untouchable, and maybe will stay another millenium    

Sure. I wasn't arguing against any of the points you just made I speak as someone who was at research level in the 'pure' maths field and wanted to provide some insight into the value of this project. I hope you haven't taken the tone of my post the wrong way, I think this is a fantastic achievement and you've made a small mark in history. If I was you I would consider stripping your shroud of anonymity to claim more credit.

[mustyoshi]

I have a very strong academic mathematics background. 'scientific value' is a subjective statement. Most mathematicians would regard anything new or original as advancing mathematics. Do you think patterns in integers have scientific value? Depends on the pattern to an extent and if there are any clear consequences but you'll get varied answers to that question. Some mathematicians and especially scientists such as physicists are snobbish and only regard maths that has a 'real world' application as being useful. It's not clear to me whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work. Either way, it has value since it will add new data which will either disprove conjectures or strengthen the likelihood of them being true... plus the analysis of the discovered data could in theory lead to new conjectures (note I know next to nothing about these chains and how much data of them is out there, I'm just writing this reply of the top of my head).

You can also look at this another way. This project could provide a financial incentive for individuals to develop more optimised GPU prime finding algorithms, the theory of which could lead to a greater understanding of prime number distribution e.g. a new sieve or similar construct.

Sunny, can you please clarify whether this project is finding new prime chain sequences within the known prime numbers or actually trying to determine new, unknown prime numbers using the prime chains as a proof of work.

Of course these primes are all 'new'. Finding 'new' primes is not the point, and primes are super-abundant there is no database can store them, it's always trivial to find one not stored in any database.

The point of GIMP is to find the largest known (Mersenne) prime, while the point of primecoin is to find longest chain of reasonable size limit (256 bits to 2000 bits as currently designed). Which one of the two projects is more useful is highly debatable actually. Mersenne has a very long history of study, its infinite existence is not known and they are scarce (only about 50 of them known). While for prime chains, as pointed out by my design paper, these prime chains are connected to the distribution of primes, their infinite existence and distribution is among the top wonders of arithmetic, you know how much mathematician value twin prime conjecture right? At right now I think some mathematicians consider the distribution of these longer chains hopelessly untouchable, and maybe will stay another millenium    

Why didn't you up the max length to 2048 bits so we can eventually produce primes that could be used to undermine ecdsa? ECDSA uses primes up to size 2^256, right?

2^256 is WAY bigger than 2048. 2048 is 2^11.

wait lol i confused myself up to 2000 bits would result in 2^2000, wouldn't it? So that's larger than ECDSA uses... Right?

[ManBearPig]

wait lol i confused myself up to 2000 bits would result in 2^2000, wouldn't it? So that's larger than ECDSA uses... Right?

Yes that's right it's 2^2048 so a bit bigger

[CryptoBullion]

gratz one the release looks nice. mining slowly here now blocks yet, but i just started a short while ago

[mr_random]

What would be the best pool software to build a mining pool for this coin?