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gonzzo
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February 26, 2014, 02:59:36 PM |
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I think I'll invest a specific amount in VERTCOIN Can you explain exactly how VERTCOIN is being protected from coming ASIC  ? Read the first page, there is more info on it Of course I read it my question is ASIC machines with 10 MH/s at LTC mining VERTCOIN with 5 MH/s ? or will not be able mining VERTCOIN? all infos in op or on the website: From: http://vertcoin.org/Vertcoin-DavidMuller.pdfScrypt was utilized by Litecoin to try and deter ASIC use because large memory requirements are the best way to try and make ASIC financially unfeasible. Litecoin held out for a while, but the original memory requirements in the barebone litecoin distribution were just not high enough to lock out ASIC completely. Vertcoin has now been released as the logical evolution of Litecoin and introduces what's known as "Adaptive N‐Factor". The N‐factor component of Scrypt determines how much memory is required to compute the hashing functions. Vertcoin N‐factor increases with time to stay one step ahead of any possible ASIC development. search -> find -> read |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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silencesilence
Legendary
 Offline
Activity: 1120
Merit: 1000
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February 26, 2014, 03:10:47 PM |
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I think I'll invest a specific amount in VERTCOIN Can you explain exactly how VERTCOIN is being protected from coming ASIC ? Read the first page, there is more info on it Of course I read it my question is ASIC machines with 10 MH/s at LTC mining VERTCOIN with 5 MH/s ? or will not be able mining VERTCOIN? all infos in op or on the website: From: http://vertcoin.org/Vertcoin-DavidMuller.pdfScrypt was utilized by Litecoin to try and deter ASIC use because large memory requirements are the best way to try and make ASIC financially unfeasible. Litecoin held out for a while, but the original memory requirements in the barebone litecoin distribution were just not high enough to lock out ASIC completely. Vertcoin has now been released as the logical evolution of Litecoin and introduces what's known as "Adaptive N‐Factor". The N‐factor component of Scrypt determines how much memory is required to compute the hashing functions. Vertcoin N‐factor increases with time to stay one step ahead of any possible ASIC development. search -> find -> read this does not answer my question ... whether it will be possible the new ASIC machines mining VERTCOIN even with low values .... and how can we be sure that this will not happen as yet not available ASIC machines on the market |
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Alphi
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February 26, 2014, 03:20:21 PM |
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this does not answer my question ...
whether it will be possible the new ASIC machines mining VERTCOIN
even with low values .... and how can we be sure that this will not happen as yet not available ASIC machines on the market
if you mean the current generation of SCRYPT asics then nobody knows because none have reached the wider market yet. in theory yes SCRYPT ASICS can mine vertcoin while the N-Factor is low.. but the point is that as the N factor increases they will become obsolete very quickly (much quicker than GPUs) unless they are designed with loads of ram. so SCRYPT-N Factor is not ASIC proof.. only ASIC resistant. but that being said there are no PoW coins out there that are ASIC proof.. they only claim that because there are no ASICs that one can buy publicly to mine with. There is absolutely nothing to stop anyone from creating ASICS for any PoW based coin given the right financial incentive. at the moment, adjusting the amount of ram needed is the only way to make it more difficult and expensive to produce ASICS. |
KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE: DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
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gerbill2
Newbie
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Activity: 42
Merit: 0
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February 26, 2014, 03:55:11 PM |
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kuperis
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February 26, 2014, 05:04:39 PM |
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looks like today could be VTC recovery day, price step by step rising, volumes also. all cryptomarket is recovering (im talking about majors), so there could be beginning, before price explodes
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M-S-K
Newbie
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Activity: 46
Merit: 0
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February 26, 2014, 08:30:24 PM |
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amarian12
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February 26, 2014, 08:44:47 PM |
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 There is no registration required, visit the site http://e-pool.net for mining information.!Happy mining! |
Imagine a future where IT infrastructures monitor themselves, are able to predict and respond to future business needs and can protect and heal themselves automatically.
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coinsplz777
Jr. Member
Offline
Activity: 58
Merit: 10
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February 26, 2014, 08:55:28 PM |
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what is the latest miner?, the link in the op don't seem to be working  |
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perl
Legendary
Offline
Activity: 1918
Merit: 1190
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February 26, 2014, 09:21:39 PM |
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http://ebt.crypto-pool.fr/0% Fees.Use Dedicated servers localized in france (EU). PPLNS payout Low fee for payout Payouts run every minutes. LOW VARDIFF, Stratum support Pool use blocknotify for advertise new block and reduce orphan blocks |
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ocminer
Legendary
Offline
Activity: 2660
Merit: 1240
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February 26, 2014, 09:23:57 PM |
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https://vert.suprnova.cc
Still looking for miners, we're giving away 5 VTC per Block Finder as a Bonus ! We have no fees, very low withdrawal fees, Stratum, Vardiff and everything you need. Look at our "Getting Started" page to get into mining. 5 VTC Bonus per Block Finder !
https://vert.suprnova.cc
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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rickraw
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February 26, 2014, 09:24:25 PM |
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Nice 32 BTC wall setup at 0.00319 on Coinedup!
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xingqiaoyin
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February 26, 2014, 09:31:21 PM |
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Donating 10% after receiving my payouts  |
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mega
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February 27, 2014, 01:00:51 AM |
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Got my account back! It was hacked. Sorry about it :|
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Radar
Full Member
Offline
Activity: 154
Merit: 100
Pm me if you're a casino developer!
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February 27, 2014, 02:39:07 AM |
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Vertcoindice.com/Vertcoincasino.com Graphic Updates Are Coming Soon! 2/26/14 Number of bets in just 4 days - 111,122
Total wagered - 1171.17 (VTC)
Users - 903 Take us mobile!IRC Chat webchat.freenode.net/?channels=altcoincasino&uio=d4- Themes support - Automatic Betting (Bot) - Chat - Provably Fair - Detailed Statistics -QR Code Deposit - 2% House edge - High Rollers Section - Updated security: - X-Frame-Options protection - Double deposits bug fixed - Improved performance - Smaller system demands - Faster communication with wallet Have some fun and play with small amounts .00000001 |
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smc259
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Activity: 11
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February 27, 2014, 05:13:49 AM |
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Pelok66
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February 27, 2014, 08:16:54 AM |
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gerbill2
Newbie
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Activity: 42
Merit: 0
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February 27, 2014, 09:06:43 AM |
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insom
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February 27, 2014, 10:56:21 AM |
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would be nice if someone would update OP
new logo
link to vertcoinmarket
pools
etc
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