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

[reb0rn21]

@AgentME
FTC is PURE crap, and its not about market capitalization! but how many ppl mine it all the time, that is preventing attack!

ATM primecoin is mined on huge number of CPUs and having 51% would need a hell of a resource!

[1714114105]

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[1714114105]

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[1714114105]

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[lucasjkr]

As noble as "protecting the network" sounds, no ones adding hashing power or priming power to any of the networks in order to protect it.

I am.

They're doing it for profit, plain and simple.

I'm not.

I happen to believe in the concept of a decentralised, user-driven currency, and that is my principal reason for taking part. If I make a little money on the way, good, but it's not going to pay my electricity bills. And if it all falls apart I'll go back to Folding@home and BOINC.

+1

Some poeple don't understand cryotocurrencies, and capitalism ingeneral, use individual greed to do collective good.

Then your altruistic. Misguided in my opinion. But altruistic. I say misguided because no deviant has close to the resources to overrun the network, not the motivation. As for the only party that has the motivation and, incidentally, the resources? No matter what all of us do, that party could still overrun the network if they so chose.

And you're in the 1%. Reading the BFL threads, and threads for alternate cryptos still seeking their first ASIC, no one is tryin to protect anything. They're all trying to leapfrog one another for a bigger piece of an always shrinking pie. 

[AgentME]

@AgentME
FTC is PURE crap, and its not about market capitalization! but how many ppl mine it all the time, that is preventing attack!

ATM primecoin is mined on huge number of CPUs and having 51% would need a hell of a resource!

Then your altruistic. Misguided in my opinion. But altruistic. I say misguided because no deviant has close to the resources to overrun the network, not the motivation. As for the only party that has the motivation and, incidentally, the resources? No matter what all of us do, that party could still overrun the network if they so chose.

And you're in the 1%. Reading the BFL threads, and threads for alternate cryptos still seeking their first ASIC, no one is tryin to protect anything. They're all trying to leapfrog one another for a bigger piece of an always shrinking pie.  

I think FTC is crap too, but that's not relevant. I'm only using the market capitalization as a very rough heuristic to judge its popularity and mining power. Unless someone has some better numbers, I'm going to assume that FTC's mining power and Primecoin's mining power are similar. FTC has been 51% attacked several times. I guess there are people with large botnets out there who just want to see the world burn. I'm confused as to why anyone would honestly believe that people should not work to make the miners more efficient, especially in this environment, unless they are just lying in order to try to slow down the rest of the network from becoming efficient. More efficient miners also mean more profits for the people using them in the short run, and a more secure network in the long run as the efficient miners are more widely adopted.

[reb0rn21]

You can not compare FTC to Primecoin!

GPU miners jump on FTC kill the diff and after retarget NO ONE mining FTC and then the attack start!

You can not kill difficulty for Primecoin so miners would mine something else, because nothing come near to primecoin, also you can not guess the number of CPU mining it! I guess its like + 100 000 CPU`s atm and climbing!, also primecoin retarget diff is not like FTC one

[flowice]

expect new version

[n4ru]

You can not compare FTC to Primecoin!

GPU miners jump on FTC kill the diff and after retarget NO ONE mining FTC and then the attack start!

You can not kill difficulty for Primecoin so miners would mine something else, because nothing come near to primecoin, also you can not guess the number of CPU mining it! I guess its like + 100 000 CPU`s atm and climbing!, also primecoin retarget diff is not like FTC one

ATM primecoin is mined on huge number of CPUs and having 51% would need a hell of a resource!

You have absolutely no clue how wrong you are regarding the 51% attacks and the number of CPUs mining.

Less than 48 hours ago a 51% attack would cost under $1,000 and taken under 10,000 high end CPUs. I controlled 20% of the network with just 2,000 CPUs. I'm sure nearly 80% of all blocks were going only to giant CPU farms.

I'm sure that number has risen, but I'm certain it is nowhere near 100,000 CPUs now, otherwise nearly every farm would have dropped out due to immense difficulty increases. A 51% could easily still be done with far less resources than you think.

PrimeCoin is incredibly exploitable at this time and the release of a GPU miner would do nothing but help this currency get closer to being stable and accepted.

[drummerjdb666]

You can not compare FTC to Primecoin!

GPU miners jump on FTC kill the diff and after retarget NO ONE mining FTC and then the attack start!

You can not kill difficulty for Primecoin so miners would mine something else, because nothing come near to primecoin, also you can not guess the number of CPU mining it! I guess its like + 100 000 CPU`s atm and climbing!, also primecoin retarget diff is not like FTC one

ATM primecoin is mined on huge number of CPUs and having 51% would need a hell of a resource!

You have absolutely no clue how wrong you are regarding the 51% attacks and the number of CPUs mining.

Less than 48 hours ago a 51% attack would cost under $1,000 and taken under 10,000 high end CPUs. I controlled 20% of the network with just 2,000 CPUs. I'm sure nearly 80% of all blocks were going only to giant CPU farms.

I'm sure that number has risen, but I'm certain it is nowhere near 100,000 CPUs now, otherwise nearly every farm would have dropped out due to immense difficulty increases. A 51% could easily still be done with far less resources than you think.

PrimeCoin is incredibly exploitable at this time and the release of a GPU miner would do nothing but help this currency get closer to being stable and accepted.

Constant bragging about being the whole network and consistently talking about how easy an attack would be...  At least if it does happen we all know would have done it!!!   I can name three people that I think would do that including and especially your self!

[n4ru]

You can not compare FTC to Primecoin!

GPU miners jump on FTC kill the diff and after retarget NO ONE mining FTC and then the attack start!

You can not kill difficulty for Primecoin so miners would mine something else, because nothing come near to primecoin, also you can not guess the number of CPU mining it! I guess its like + 100 000 CPU`s atm and climbing!, also primecoin retarget diff is not like FTC one

ATM primecoin is mined on huge number of CPUs and having 51% would need a hell of a resource!

You have absolutely no clue how wrong you are regarding the 51% attacks and the number of CPUs mining.

Less than 48 hours ago a 51% attack would cost under $1,000 and taken under 10,000 high end CPUs. I controlled 20% of the network with just 2,000 CPUs. I'm sure nearly 80% of all blocks were going only to giant CPU farms.

I'm sure that number has risen, but I'm certain it is nowhere near 100,000 CPUs now, otherwise nearly every farm would have dropped out due to immense difficulty increases. A 51% could easily still be done with far less resources than you think.

PrimeCoin is incredibly exploitable at this time and the release of a GPU miner would do nothing but help this currency get closer to being stable and accepted.

Constant bragging about being the whole network and consistently talking about how easy an attack would be...  At least if it does happen we all know would have done it!!!   I can name three people that I think would do that including and especially your self!

yep.

[mr_random]

n4ru has built up a solid reputation on the mcxnow chatbox as an annoying bragger who exaggerates a lot.

[n4ru]

n4ru has built up a solid reputation on the mcxnow chatbox as an annoying bragger who exaggerates a lot.

minus the exaggeration.

[AgentME]

So I discovered the hidden -dedication parameter, and encoded a short message into block 86043 which I mined. I've verified the message is in the blockchain by grepping through the primecoin blockchain files on a few other machines. Is there any proper way to view these messages (such as to check for more in other blocks)? Or do I need to build my own blockchain parser for this?

(EDIT: I tried the linux strings utility. I only see the original block's message, and my own's message. Guess no one else has done this.)

(EDIT2: I tried the strings utility on Bitcoin's blockchain. Doesn't look like stuffing information into a blockchain is that unique of a prank, drat.)

[neotrix]

XPM/BTC and XPM/USD are now traded on crypto-trade.com

[ReCat]

XPM/BTC and XPM/USD are now traded on crypto-trade.com

A bit late to hop on that bandwagon, ey?

[neotrix]

XPM/BTC and XPM/USD are now traded on crypto-trade.com

A bit late to hop on that bandwagon, ey?

Late? I thought it was just the start for XPM (Thinking with a long term mind)

XPM/BTC is traded since few days already, nearly a week. While XPM/USD has been added only today.

[Carra23]

Seems the rush to buy is over. Now just have to wait for the difficulty to decrease and I will get back on it.

[lucasjkr]

Which it'll do in a couple more weeks, once everyones 30 day digital ocean trials run out!

[rapidfire187]

AYn4t4PSgHtim3cbux2doyhewUUwcpDbF9
PrimeCoin:
 

BTC

[crendore]

So I discovered the hidden -dedication parameter, and encoded a short message into block 86043 which I mined. I've verified the message is in the blockchain by grepping through the primecoin blockchain files on a few other machines. Is there any proper way to view these messages (such as to check for more in other blocks)? Or do I need to build my own blockchain parser for this?

(EDIT: I tried the linux strings utility. I only see the original block's message, and my own's message. Guess no one else has done this.)

(EDIT2: I tried the strings utility on Bitcoin's blockchain. Doesn't look like stuffing information into a blockchain is that unique of a prank, drat.)

Hahaha this is great, there's a couple there now, maybe a couple people picked up on your advice:

Sunny King - dedicated to Satoshi Nakamoto and all who have fought for the freedom of mankind
Mined by XertroV
the dopefish lives
SNAPE KILLS DUMBLEDORE

[zax983]

06:55:57

getmininginfo


06:55:57

{
"blocks" : 86463,
"chainspermin" : 1,
"currentblocksize" : 2706,
"currentblocktx" : 1,
"difficulty" : 9.28889412,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"primespersec" : 3054,
"pooledtx" : 1,
"sievepercentage" : 1,
"sievesize" : 200000,
"testnet" : false
}


09:59:06

getmininginfo


09:59:06

{
"blocks" : 86645,
"chainspermin" : 1,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 9.28911382,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"primespersec" : 2463,
"pooledtx" : 0,
"sievepercentage" : 1,
"sievesize" : 200000,
"testnet" : false
}


17:12:29

getmininginfo


17:12:29

{
"blocks" : 87035,
"chainspermin" : 0,
"currentblocksize" : 3762,
"currentblocktx" : 1,
"difficulty" : 9.28232825,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"primespersec" : 1733,
"pooledtx" : 1,
"sievepercentage" : 1,
"sievesize" : 200000,
"testnet" : false
}

Same settings so difrenf results... What a holyshit it is?

[AgentME]

So I discovered the hidden -dedication parameter, and encoded a short message into block 86043 which I mined. I've verified the message is in the blockchain by grepping through the primecoin blockchain files on a few other machines. Is there any proper way to view these messages (such as to check for more in other blocks)? Or do I need to build my own blockchain parser for this?

(EDIT: I tried the linux strings utility. I only see the original block's message, and my own's message. Guess no one else has done this.)

(EDIT2: I tried the strings utility on Bitcoin's blockchain. Doesn't look like stuffing information into a blockchain is that unique of a prank, drat.)

Hahaha this is great, there's a couple there now, maybe a couple people picked up on your advice:

Sunny King - dedicated to Satoshi Nakamoto and all who have fought for the freedom of mankind
Mined by XertroV
the dopefish lives
SNAPE KILLS DUMBLEDORE

Oh, I missed XertoV's message, I used strings with a minimum length higher than it. Someone beat me to it for primecoin! Those last two are both mine. (I got no blocks for almost two weeks, and then two within 24 hours. I'm hoping this lucky streak keeps up.)