Bitcoin Forum
July 08, 2020, 02:36:02 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 [175] 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 »
  Print  
Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 119661 times)
FreddieITA91
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
June 27, 2018, 03:47:57 PM
 #3481

Quote
v1 blocks cannot be mined (these are imported  blocks), rejecting
Best ratesfor crypto
EXCHANGE
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
MagicSmoker
Full Member
***
Offline Offline

Activity: 420
Merit: 182



View Profile
June 27, 2018, 03:53:35 PM
 #3482

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.

b9ron
Jr. Member
*
Offline Offline

Activity: 100
Merit: 1


View Profile
June 27, 2018, 04:15:15 PM
 #3483

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)
MagicSmoker
Full Member
***
Offline Offline

Activity: 420
Merit: 182



View Profile
June 27, 2018, 04:47:09 PM
 #3484

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).

b9ron
Jr. Member
*
Offline Offline

Activity: 100
Merit: 1


View Profile
June 27, 2018, 05:15:35 PM
 #3485

You could produce a secret hybrid ASIC/FPGA around $500 easily: You have to put every Hash functions use by CryptoNight like keccak, Jh, AES, Groestl, on an ASIC chip, and use a low fpga with some SRAM for the main loop and the scratchpad.

If Bitmain already produce the sophon sc1 for AI, why they couldn't produce a similar one for mining like above ?

Slimdev
Newbie
*
Offline Offline

Activity: 236
Merit: 0


View Profile
June 27, 2018, 05:51:56 PM
 #3486

Guys, find with https://dero.fairhash.org/ super fast blocks on a new blockchain
rosstechldn
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
June 27, 2018, 06:00:20 PM
 #3487

Guys, find with https://dero.fairhash.org/ super fast blocks on a new blockchain

Nice thank you, decent website btw...a lot of pools have crappy sites, so thank you :-)
MagicSmoker
Full Member
***
Offline Offline

Activity: 420
Merit: 182



View Profile
June 27, 2018, 06:19:08 PM
 #3488

You could produce a secret hybrid ASIC/FPGA around $500 easily: You have to put every Hash functions use by CryptoNight like keccak, Jh, AES, Groestl, on an ASIC chip, and use a low fpga with some SRAM for the main loop and the scratchpad.

If Bitmain already produce the sophon sc1 for AI, why they couldn't produce a similar one for mining like above ?


You can certainly offload the hash functions to an ASIC, but if there is a need to move a lot of data into and out of memory rapidly then you either have to suffer with performance no better than a GPU (and that's only if your board design engineers are as good as those at Nvidia or AMD) or else put it on the ASIC die, which is exceptionally expensive (there's a reason why there is so little L3 cache relative to system DRAM). So the performance of this setup would likely be better than a pure FPGA solution, but hard-coding the hash functions into an ASIC is what makes an ASIC so easy to brick.

That said, I'm no longer interested in fighting this battle. The DERO team decided to stick with original CN because reasons and neither I, nor anyone else, is likely to change their minds. That doesn't mean I'm going to go buy an ASIC, however; the network will just have to get along without me, which I'm sure it will do just fine.

Slimdev
Newbie
*
Offline Offline

Activity: 236
Merit: 0


View Profile
June 27, 2018, 06:23:28 PM
 #3489

Guys, find with https://dero.fairhash.org/ super fast blocks on a new blockchain

Nice thank you, decent website btw...a lot of pools have crappy sites, so thank you :-)

we will be glad to see you and other miners here, as well, join our community in the telegram channel https://t.me/joinchat/B-GpfU1DYnzi5mhQ45I3rQ
FreddieITA91
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
June 27, 2018, 08:43:58 PM
 #3490

v1 blocks cannot be mined (these are imported  blocks), rejecting

Can someone explain me?
iBenGunArmor
Full Member
***
Offline Offline

Activity: 420
Merit: 115



View Profile
June 27, 2018, 09:05:52 PM
 #3491

Am I late, the main network is already up?
Tell me how many transactions per second it processes?
Hopefully more than" old " blockchains.
Slimdev
Newbie
*
Offline Offline

Activity: 236
Merit: 0


View Profile
June 27, 2018, 09:18:59 PM
 #3492

v1 blocks cannot be mined (these are imported  blocks), rejecting

Can someone explain me?

Algo is still cryptonight, nothing change here
Slimdev
Newbie
*
Offline Offline

Activity: 236
Merit: 0


View Profile
June 27, 2018, 09:21:12 PM
 #3493

Am I late, the main network is already up?
Tell me how many transactions per second it processes?
Hopefully more than" old " blockchains.

Yes, pools already works on new blockchain. Now it looks good, if you want to mine DERO you can do it on fairhash.org
Azzi
Full Member
***
Offline Offline

Activity: 152
Merit: 100


View Profile
June 27, 2018, 10:24:00 PM
 #3494

The problem of lost trust extends into any long term planning and capital investment. Who will buy an ASIC knowing the algo can be switched overnight? Who will buy coins if reward can be changed without any warning?

And the question about regulatory pressure on incorporated Dero is valid too. Looks like many questions and concerns have been raised and not yet addressed by the team.
iBenGunArmor
Full Member
***
Offline Offline

Activity: 420
Merit: 115



View Profile
June 27, 2018, 10:29:44 PM
 #3495

Am I late, the main network is already up?
Tell me how many transactions per second it processes?
Hopefully more than" old " blockchains.

Yes, pools already works on new blockchain. Now it looks good, if you want to mine DERO you can do it on fairhash.org

Yes, thank you, it would be interesting to compare blockchain projects with DAG today, to search and analyze their capabilities. This year I noticed a tendency of blockchain in this direction.
RoccoSiffredi
Member
**
Offline Offline

Activity: 134
Merit: 10


View Profile
June 27, 2018, 10:45:25 PM
 #3496

If I understand correctly a new blockchain for Dero has just been released? Could someone please sum up details and implications?

●  ROC2  ●   We have successfully delivered STAGE 1   ● ━━━━━━━━━━ ━━━━━━━ ━━━━ ━━ ━
━ ━━ ━━━━ ━━━━━━  We now invite you to become part of PHASE2 expansion In Partnership With REDTUBE
● Telegram    ● Twitter    ● Facebook    ● Medium    [  ICO is L I V E !  ]   ━━━━━━ ━━━━ ━━ ━
danspasiva
Full Member
***
Offline Offline

Activity: 422
Merit: 105


View Profile
June 27, 2018, 10:57:29 PM
 #3497

If I understand correctly a new blockchain for Dero has just been released? Could someone please sum up details and implications?

The new blockchain changes from the old traditional PoW blockchain, to a new custom DAG-PoW blockchain.

This has enabled extremely fast block times, currently averaging around 10 seconds, with much increased tps capabilities, i think it was somewhere around 500 something, and is scalable based on resources.

It has implemented bulletproofs to reduce transaction sizes.

Increased resistance to attacks, supposedly truly eliminated double spending, shadow addresses, and eliminated orphan blocks.

I mean, it's one of the biggest upgrades in all of crypto right now and nobody knows about it lol, and others well they're too busy getting worked up over the ASIC resistance debate.
CaptDero
Member
**
Offline Offline

Activity: 308
Merit: 33


View Profile
June 28, 2018, 05:07:30 AM
 #3498

If I understand correctly a new blockchain for Dero has just been released? Could someone please sum up details and implications?

The new blockchain changes from the old traditional PoW blockchain, to a new custom DAG-PoW blockchain.

This has enabled extremely fast block times, currently averaging around 10 seconds, with much increased tps capabilities, i think it was somewhere around 500 something, and is scalable based on resources.

It has implemented bulletproofs to reduce transaction sizes.

Increased resistance to attacks, supposedly truly eliminated double spending, shadow addresses, and eliminated orphan blocks.

I mean, it's one of the biggest upgrades in all of crypto right now and nobody knows about it lol, and others well they're too busy getting worked up over the ASIC resistance debate.

Thanks for the summary and all.
Noshyxa
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
June 28, 2018, 08:09:00 AM
 #3499

When moon ? When lambo ? 😂 😂 😂
It's a joke of course, know that the team has our support after the decisions it made. Just in the future, we will have to make efforts on communication.
Thanks for works Smiley
Anonymous Kid
Member
**
Offline Offline

Activity: 183
Merit: 23


View Profile
June 28, 2018, 11:12:22 AM
 #3500

When will the source code be released? All I ever hear is "in a few days". But the devs said the same thing after atlantis and it turned out to take nearly a month before it was pushed to mainnet. Can we actually expect it to be "in a few days" or not?
Pages: « 1 ... 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 [175] 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!