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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 121195 times)
krypt0id
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June 27, 2018, 12:55:08 AM
Last edit: June 27, 2018, 01:10:35 AM by krypt0id
 #3461

Serena Fox sure as hell ain't her real name.

Still waiting for team information... not to mention source code.

Just addressed source code thing. Quit trolling about it. Who cares who the devs are if they deliver?

Remember when people didn't need to know the real life identities of a coin's devs? Pepperidge farm remembers.

I forget, who developed the first version of bitcoin, again?

DERO - Secure. Private. Smart Contracts.
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--Serena--
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June 27, 2018, 01:39:10 AM
 #3462

-------Atlantis mainnet upgrade in a few hours-------

We've asked the exchanges to disable their wallets, and we're preparing to switch to the Atlantis mainnet sometime in the next few hours. We're confirming that the pool software is configured and working for everyone for a few hours, and then the mainnet is going to go live. We anticipate 1 - 2 hours of downtime while we switch onto the Atlantis mainnet. Details regarding how to sync, and any other relevant information will be released with the mainnet launch.
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June 27, 2018, 03:44:48 AM
Last edit: June 27, 2018, 04:02:05 AM by --Serena--
 #3463

Can everyone please stop transactions on the current mainnet and the Atlantis testnet until further notice. We will let everyone know when things are running smoothly after we've had a chance to test the mainnet when it goes live
scott d
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June 27, 2018, 07:29:14 AM
 #3464

-------Atlantis mainnet upgrade in a few hours-------

We've asked the exchanges to disable their wallets, and we're preparing to switch to the Atlantis mainnet sometime in the next few hours. We're confirming that the pool software is configured and working for everyone for a few hours, and then the mainnet is going to go live. We anticipate 1 - 2 hours of downtime while we switch onto the Atlantis mainnet. Details regarding how to sync, and any other relevant information will be released with the mainnet launch.

Great news  Smiley . Dero is a big project , troll are momentary. Stay strong and always ahead
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June 27, 2018, 09:57:43 AM
 #3465

----Atlantis mainnet released----

Hello everyone we're very excited to announce the release of the Atlantis mainnet, and blocks are just starting to move now. Please download from - http://seeds.dero.io/atlantis/
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June 27, 2018, 10:55:00 AM
 #3466

Congratulations  Smiley Wink

Go DERO
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June 27, 2018, 11:20:22 AM
 #3467

DAG plus POW plus smart contracts. Does it make sense? I am unable to understand, can they. But I hope they can.
WhyMe
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June 27, 2018, 01:31:47 PM
 #3468

----Atlantis mainnet released----

Hello everyone we're very excited to announce the release of the Atlantis mainnet, and blocks are just starting to move now. Please download from - http://seeds.dero.io/atlantis/
Can you put files on a server with more upload bandwitdh please ?
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June 27, 2018, 03:05:18 PM
 #3469

DAG plus POW plus smart contracts. Does it make sense? I am unable to understand, can they. But I hope they can.

 Fluffypony is openly against the idea of smart contract within cryptonote.
 But then again, Monero is also hardcore and truly againts ASICs. And they don't BS people about it.

 So if you add these two negatives together, you get DERO.
 I lost total respect for this projects, as the Devs & team are clearly drinking from their own kool-aid.

 Zero respect for community voice, flip-flopping on promisses and openly ignoring addressing questions.

  I'm out this project. Best of luck.
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June 27, 2018, 03:12:33 PM
 #3470

DAG plus POW plus smart contracts. Does it make sense? I am unable to understand, can they. But I hope they can.

 Fluffypony is openly against the idea of smart contract within cryptonote.
 But then again, Monero is also hardcore and truly againts ASICs. And they don't BS people about it.

 So if you add these two negatives together, you get DERO.
 I lost total respect for this projects, as the Devs & team are clearly drinking from their own kool-aid.

 Zero respect for community voice, flip-flopping on promisses and openly ignoring addressing questions.

  I'm out this project. Best of luck.

Have fun with FPGAs and private ASIC miners.

And Dero isn't a fork anymore, it's an enhanced version of CryptoNote.

But I think you should listen the guy who spend $800k on a watch, after all it's more safe.
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June 27, 2018, 03:31:04 PM
 #3471

Last blocks sync in progress, new wallet created.
But how we mine this now ?
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June 27, 2018, 03:32:16 PM
Last edit: June 27, 2018, 03:45:18 PM by GhostPlayer
 #3472


Have fun with FPGAs and private ASIC miners.

And Dero isn't a fork anymore, it's an enhanced version of CryptoNote.

But I think you should listen the guy who spend $800k on a watch, after all it's more safe.

 Thanks buddy, but learn your tech - it enhances nothing. It is never the best tech that wins, it is always the strongest community support that wins - this is the plain cold truth of a techological society. And this tech is not proven yet - there is no usecase, no real MVP, no product yet.

 Because in no way the exact same thing happens to any commercially available ASIC... oh no, it doesnt.
 And they would never refurb and sell soon-to-be doorstops out to the world after mining to kingdome come - they wouldnt dare.

 Fact is, GPU are democratic, ASIC are not.

 A 16 year old can build a miner in a week. It take substantial disposable income to risk pre-orders, group-buys or china imports.
 These are always done in bulk, even knowingly buying thousands of ASIC to mine for a few months and dump on ebays etc.
 Extremly short and limited warranties.

 ASIC, until mass produced by numerous world-wide OEM's, are a very closed-doors of insider priviledged.

 Big ASIC farms simply cannot speculate on future returns. First they need to ROI as fast as humanly possible, then pay for bills, then ... there is nothing left as new ASIC roll out to cannibalise earnings.

 GPU's you have tons of re-sale value. Extended warranties. Buy it in every town and every nation - without restrictions.

 FPGA are reporgramable. ASICs are not.

 ASIC are only making chinese ASIC producers filthy rich. Nothing more, nothing less - good on them for being pioneers!

 GPU are much more flexible to switch coins, maintaining a far less negative sell-pressure on any given network. ASIC create insanely negative price pressure. Especially so on young coins. To the point where everyone looses interest.

 When the largest supporting marketcap algo switches, there is zero incentive for ASIC producers to create a better version for tiny puny coins that are inherently worthless due to being so young. Soon, these ASIC will fry out, and no replacement. Back to GPU it will have to be.

 So yeah ... good luck DERO -  the new SUMO
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June 27, 2018, 03:35:23 PM
 #3473

Last blocks sync in progress, new wallet created.
But how we mine this now ?

With a Bitmain X3.
lanangwidyadnyana
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June 27, 2018, 03:39:03 PM
 #3474

really nice project, DERO is a new, experimental blockchain technology written in Golang with a focus on enhanced Privacy and Smart Contracts while maintaining the transparency and security of the blockchain. The goal is to create a unique state of the art blockchain technology with enhanced Reliability, Privacy, Security, Usability, and Portability by bringing together some of the best proven technologies like CryptoNote Protocol and Smart Contracts, thereby allowing for the creation of Private Smart Contracts.
will joining soon this project, and i believe this project will success in the future
b9ron
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June 27, 2018, 03:44:12 PM
 #3475


Have fun with FPGAs and private ASIC miners.

And Dero isn't a fork anymore, it's an enhanced version of CryptoNote.

But I think you should listen the guy who spend $800k on a watch, after all it's more safe.

 Thanks buddy.

 Because in no way the exact same thing happens to any commercially available ASIC... oh no, it doesnt.
 And they would never refurb and sell soon-to-be doorstops out to the world after mining to kingdome come - they wouldnt dare.

 Fact is, GPU are democratic, ASIC are not.

 A 16 year old can build a miner in a week. It take substantial disposable income to risk pre-orders, group-buys or china imports.
 These are always done in bulk, even knowingly buying thousands of ASIC to mine for a few months and dump on ebays etc.
 Extremly short and limited warranties.

 ASIC, until mass produced by numerous world-wide OEM's, are a very closed-doors of insider priviledged.

 Big ASIC farms simply cannot speculate of future returns. First need to ROI as fast as humanly possible, then pay bill, then ... there is nothing.
 GPU's you have tons of re-sale value. Extended warranties. Buy it in every town, in every country, every nation - without restrictions.

 FPGA are reporgramable. ASICs are not.

 ASIC are only making chinese ASIC producers filthy rich. Nothing more, nothing less - good on them for being pioneers!

 GPU are much more flexible to switch coins, maintaining a far less negative sell-pressure on any give network. ASIC create insanely negative price pressure. Especially so on young coins. To the point where everyone looses interest.

 So yeah ... good luck DERO -  the new SUMO

So you suggest we should change the PoW and hard fork every week to fight against FPGA/ASIC because you can't buy one in your local store ?
Are you aware you are comparing between a cryptocurrency and a platform ?
How dApps are supposed to work if the platform is unstable or worse with security flaw ?
MagicSmoker
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June 27, 2018, 03:46:30 PM
 #3476

...
will joining soon this project, and i believe this project will success in the future

Lol, first there's an open rebellion against the about-face on ASICs and now here come the professional shitposting sig-spammers.

Meanwhile, price has declined >40% since June 21. Can I get a golf clap anyone?

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June 27, 2018, 03:47:57 PM
 #3477

Quote
v1 blocks cannot be mined (these are imported  blocks), rejecting
MagicSmoker
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June 27, 2018, 03:53:35 PM
 #3478

So you suggest we should change the PoW and hard fork every week to fight against FPGA/ASIC because you can't buy one in your local store ?
Are you aware you are comparing between a cryptocurrency and a platform ?
How dApps are supposed to work if the platform is unstable or worse with security flaw ?


I suspect - but admittedly don't know for sure - that the threat from FPGAs has been wildly overblown. FPGAs are extremely expensive compared to ASICs on a cost per computational effort basis, and so can't meaningfully compete with them. Take a look at this thread: https://bitcointalk.org/index.php?topic=3459858.0 which uses a VCU1525 that costs anywhere from $4000 to $8000 and can do about 22kH/s on CN v7.

Not really a threat to GPUs, even.

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June 27, 2018, 04:15:15 PM
 #3479

So you suggest we should change the PoW and hard fork every week to fight against FPGA/ASIC because you can't buy one in your local store ?
Are you aware you are comparing between a cryptocurrency and a platform ?
How dApps are supposed to work if the platform is unstable or worse with security flaw ?


I suspect - but admittedly don't know for sure - that the threat from FPGAs has been wildly overblown. FPGAs are extremely expensive compared to ASICs on a cost per computational effort basis, and so can't meaningfully compete with them. Take a look at this thread: https://bitcointalk.org/index.php?topic=3459858.0 which uses a VCU1525 that costs anywhere from $4000 to $8000 and can do about 22kH/s on CN v7.

Not really a threat to GPUs, even.



Are you aware that Bitmain already sold FPGA ? You should check about sophon sc1 ($500).  If they did in the past, why they couldn't produce others like a custom version of VCU1525 in the near future ?

VCU1525 is expensive because is a development board for prototyping ASIC before production, but they are less expensive ones and modded for crypto-mining : bcu1525 sell by OhGoodAGirl. ($3600)
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June 27, 2018, 04:47:09 PM
 #3480

I suspect - but admittedly don't know for sure - that the threat from FPGAs has been wildly overblown. FPGAs are extremely expensive compared to ASICs on a cost per computational effort basis, and so can't meaningfully compete with them. Take a look at this thread: https://bitcointalk.org/index.php?topic=3459858.0 which uses a VCU1525 that costs anywhere from $4000 to $8000 and can do about 22kH/s on CN v7.

Not really a threat to GPUs, even.

Are you aware that Bitmain already sold FPGA ? You should check about sophon sc1 ($500).  If they did in the past, why they couldn't produce others like a custom version of VCU1525 in the near future ?

VCU1525 is expensive because is a development board for prototyping ASIC before production, but they are less expensive ones and modded for crypto-mining : bcu1525 sell by OhGoodAGirl. ($3600)

No, I wasn't aware that Bitmain sold FPGAs, but I'm an EE by profession and have some (tangential) experience with FPGAs and trust me, they are always many times more expensive for a given amount of computational power than an ASIC; their sole advantage is that they can be reprogrammed and so the cost to get them doing something useful is much, much less than an ASIC. Basically, FPGAs are great for prototyping ASICs and for low-volume products that require real-time processing power (something which is hard to come by in a MCU or DSP).

The reasons for the cost disadvantage are that FPGAs consist of lots of small computational blocks (usually implemented with programmable "look-up tables" or LUTs) that are interconnected by a programmable matrix. The LUTs are capable of performing any Boolean operation so they tend to take up a lot more space than, say, a dedicated logic gate. In additional, laying down so much metallization for the interconnect matrix also greatly restricts the ultimate density of computational power per unit area (for the same reason you can't fit as many houses into a given area if all the streets are 8-lane highways instead of ordinary residential roads).

So a $500 FPGA probably has about the same computational power as a $5 ASIC; but you need to make 1000's to 10000's of the ASIC to justify the non-recurring engineering (NRE) cost, and, of course, it's a one-trick pony, so any change to its functionality requires creating a whole new IC mask, sending it off to the fab, waiting to get onto the fab's production schedule, etc... Whereas for an FPGA you just upload a new bitstream (as long as there are sufficient LUTs, memory and interconnects available to perform the task).

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