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Author Topic: SecureCoin is taking the Cryptoworld by storm!  (Read 1218 times)
cryptocoinsnews (OP)
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August 29, 2013, 07:58:24 PM
 #1

Yesterday, the time was finally there. After being announced for a few weeks now, Baritus (the creator of DigitalCoin) introduced us to his newest creation : SecureCoin.

This coin is meant to be mined on CPU’s only, either with the regular cpuminer, or the QuarkCoin miner. No word on any GPU support, but i’m fairly certain we might never see it being mined on GPU’s.

The unique part about this coin is that it consists of several algorithms, which are : Grøstl, Skein, BLAKE, BLUE MIDNIGHT WISH, JH and SHA-3. Some of these names may sound familiar to you , because this coin lends some of the concepts from other coins. This list includes YaCoin (YAC), SIF, Digitalcoin(DGC) and, of course, Bitcoin(BTC).

Read more here: http://www.cryptocoinsnews.com/2013/08/29/securecoin-is-taking-the-cryptoworld-by-storm-by-jdebunt/

/David Parker, Director of CCN
murraypaul
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August 29, 2013, 08:00:57 PM
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The unique part about this coin is that it consists of several algorithms, which are :
... the same as Quarkcoin.
How is it unique, if it can be mined with the same miner as QuarkCoin?

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
jdebunt
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August 29, 2013, 08:03:47 PM
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Well that bit is open for interpretation , i admit my phrasing could have been better, thank you for pointing it out Smiley
Adamlm
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August 29, 2013, 08:05:03 PM
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The unique part about this coin is that it consists of several algorithms, which are :
... the same as Quarkcoin.
How is it unique, if it can be mined with the same miner as QuarkCoin?

As the dev says:

Bitcoin successful economic model, better adjustability, and no instamining massive block rewards. Other optimizations are included for better performance and usability.

minerapia
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August 29, 2013, 08:23:48 PM
 #5

Yesterday, the time was finally there. After being announced for a few weeks now, Baritus (the creator of DigitalCoin) introduced us to his newest creation : SecureCoin.

This coin is meant to be mined on CPU’s only, either with the regular cpuminer, or the QuarkCoin miner. No word on any GPU support, but i’m fairly certain we might never see it being mined on GPU’s.

The unique part about this coin is that it consists of several algorithms, which are : Grøstl, Skein, BLAKE, BLUE MIDNIGHT WISH, JH and SHA-3. Some of these names may sound familiar to you , because this coin lends some of the concepts from other coins. This list includes YaCoin (YAC), SIF, Digitalcoin(DGC) and, of course, Bitcoin(BTC).

Read more here: http://www.cryptocoinsnews.com/2013/08/29/securecoin-is-taking-the-cryptoworld-by-storm-by-jdebunt/

Quarkcoin allready has gpu miner fyi. Its just not released (or atleast one dude claims he has one)

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                   ltc: LeTpCd6cQL26Q1vjc9kJrTjjFMrPhrpv6j
jdebunt
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August 29, 2013, 08:34:20 PM
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Quarkcoin allready has gpu miner fyi. Its just not released (or atleast one dude claims he has one)

So, basically, no one actually van VERIFY they have it, therefor, no word on GPU mining.

As soon as someone can SHOW me they actually have it RUNNING properly, that changes things;

But as of the writing of the article, there is no confirmed GPU mining for SecureCoin.
xibeijan
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August 29, 2013, 08:43:00 PM
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Zzzz.. secure coin... nothing new under the sun..

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August 29, 2013, 08:59:47 PM
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Zzzz.. secure coin... nothing new under the sun..
Agree. Another boring clone. As for fair start, litecoin is fair enough. For CPU mining, this coin will have shorter period of CPU mining than litecoin. For security, you can cheat 3 years old to say this is more secure.
only one thing worth to mention is that this coin is bigger scam: on two exchanges at the first day.
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August 29, 2013, 09:36:43 PM
 #9

Nothing special.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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