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Author Topic: ⚒[CGA] Cryptographic Anomaly - The Elusive Coin⚒  (Read 225018 times)
phzi
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February 23, 2014, 07:27:28 AM
 #1621

Aww you may be right... I see this as kinda "over the top" tho...
Heh, it's what the 40MH/s+ on the big profitability switching pools do to all the variable rate coins.  I just find it interesting that the hashrate on CGA seems so steady given this.  But maybe it's not - I think I'll try running some stats calculations tomorrow to determine if there is a potential difference in the discovery rate of anomaly blocks vs non-anomaly blocks - I have a feeling it'll be statistically significant.
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February 23, 2014, 12:54:07 PM
 #1622

Repent now unbelievers! The day of reckoning shall soon be upon us!

KNC - KingNcoin - rare, fair, pos only https://yobit.net/en/trade/KNC/BTC
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February 23, 2014, 01:02:11 PM
 #1623

Updated http://CGAnomaly.com some more. The about page is pretty much complete. I also added a probability excel spreadsheet that does the math for you. Check it out and give me your thoughts of improvement.


hello, I like this coin, but could somebody explain to me how the system actually works Smiley
Like the way I read it, the more popular (read more hashpower???)CGA is the less anomalies are found thus less coins overall are found?
if this is true, am I right in saying that the exchange would not necesseraly increase even though scarse the people still need a reason to buy it?

Just wondering, I believe someone posted a message saying this is an investors dream, could anyone explain why that is so?
Also if mining becomes difficult miners stop, therefor adding more coins and the coin would be less worth,
As you read I probably am talking horsecrap so could someone explain what to expect on this coin?

To summarize I like to invest, but right now I feel that apart from its uniqueness in the way it adjusts how an anomaly is found I don't understand the economical benefit of it yet.

Thx




for me it is an investors dream because your coins cannot loose value thru inflation by the supply of coins even commercial mining and multipools hits this coin, just look at TIPS, EAC and many more..although many want to invest the supply of coins overwhelmed the demand thus driving the price down.

edit: if the price goes down, confidence/faith go down too.

Thx for explaining, so apart from the above, how fast is this coin what is it aiming to become?
I agree that right now coins are just a way to earn a quick buck mostly apart from a few coins.
How are we advertising this coin? A way to save money? How do i convince someone to join this coin?
Also what needs to happen before all of a sudden the difficulty decreases so much that yiur coins become worthless. How likely/ unlikely is this?
In other words how many hashes have we got now on all the pools and how much does it take for the difficulty to drop that your coins become worthless?




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February 23, 2014, 03:03:56 PM
 #1624

I have decided that I will never sell this coin under .1 (slightly undervalued) and never more then 1/2 of my wallet. All the maths point CGA is fully undervalued right now and the coin just lacks press behind it, I have been doing all I can to get it spread word of mouth however I lack ties to the big bloggers and bitcoin news sites.

I have tried to personally ask a couple exchanges to accept the coin also. Without a big exchange we can not really do all the fun stuff with the coins, so make sure to reach out also sometimes it just takes that one extra whisper in an ear to get something through.


I really can see this coin taking a place as a term investment and a currency at like auction sites to start. Just need to find one that will take it.

Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
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February 23, 2014, 03:16:38 PM
 #1625

I have decided that I will never sell this coin under .1 (slightly undervalued) and never more then 1/2 of my wallet. All the maths point CGA is fully undervalued right now and the coin just lacks press behind it, I have been doing all I can to get it spread word of mouth however I lack ties to the big bloggers and bitcoin news sites.

I have tried to personally ask a couple exchanges to accept the coin also. Without a big exchange we can not really do all the fun stuff with the coins, so make sure to reach out also sometimes it just takes that one extra whisper in an ear to get something through.


I really can see this coin taking a place as a term investment and a currency at like auction sites to start. Just need to find one that will take it.

I agree with you, I can see this coin going much further than it is now too. Also I don't think that anyone who mines CGA now will sell it for this price, it's already so hard to get one..

Since big exchanges don't really pick up small coins we might have a chance if we pick a, now, small exchange, get the coin on there and hope the exchange gets bigger. Might be a possibility to bring the coin to the masses. I was thinking about cryptx.io, it certainly looks good. I started a post on their reddit, here: http://www.reddit.com/r/CryptX/comments/1yph7g/please_add_cryptographic_anomaly_cga/
I used s4w3d0ff's post on coinedup, if more people like to get on there, please like it. Also s4w3d0ff, if you want to post it there yourself or if you don't like the idea i'll just delete it, I don't really know if it's okay if I post it there.
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February 23, 2014, 03:22:34 PM
 #1626

I have decided that I will never sell this coin under .1 (slightly undervalued) and never more then 1/2 of my wallet. All the maths point CGA is fully undervalued right now and the coin just lacks press behind it, I have been doing all I can to get it spread word of mouth however I lack ties to the big bloggers and bitcoin news sites.

I have tried to personally ask a couple exchanges to accept the coin also. Without a big exchange we can not really do all the fun stuff with the coins, so make sure to reach out also sometimes it just takes that one extra whisper in an ear to get something through.


I really can see this coin taking a place as a term investment and a currency at like auction sites to start. Just need to find one that will take it.

I agree with you, I can see this coin going much further than it is now too. Also I don't think that anyone who mines CGA now will sell it for this price, it's already so hard to get one..

Since big exchanges don't really pick up small coins we might have a chance if we pick a, now, small exchange, get the coin on there and hope the exchange gets bigger. Might be a possibility to bring the coin to the masses. I was thinking about cryptx.io, it certainly looks good. I started a post on their reddit, here: http://www.reddit.com/r/CryptX/comments/1yph7g/please_add_cryptographic_anomaly_cga/
I used s4w3d0ff's post on coinedup, if more people like to get on there, please like it. Also s4w3d0ff, if you want to post it there yourself or if you don't like the idea i'll just delete it, I don't really know if it's okay if I post it there.

I actually think being on Poloniex is one of the best things that has happened, although small it is certainly one of the better exchanges I have used, and I suspect it will become very much more successful.
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February 23, 2014, 03:43:16 PM
 #1627

I have decided that I will never sell this coin under .1 (slightly undervalued) and never more then 1/2 of my wallet. All the maths point CGA is fully undervalued right now and the coin just lacks press behind it, I have been doing all I can to get it spread word of mouth however I lack ties to the big bloggers and bitcoin news sites.

I have tried to personally ask a couple exchanges to accept the coin also. Without a big exchange we can not really do all the fun stuff with the coins, so make sure to reach out also sometimes it just takes that one extra whisper in an ear to get something through.


I really can see this coin taking a place as a term investment and a currency at like auction sites to start. Just need to find one that will take it.

I agree with you, I can see this coin going much further than it is now too. Also I don't think that anyone who mines CGA now will sell it for this price, it's already so hard to get one..

Since big exchanges don't really pick up small coins we might have a chance if we pick a, now, small exchange, get the coin on there and hope the exchange gets bigger. Might be a possibility to bring the coin to the masses. I was thinking about cryptx.io, it certainly looks good. I started a post on their reddit, here: http://www.reddit.com/r/CryptX/comments/1yph7g/please_add_cryptographic_anomaly_cga/
I used s4w3d0ff's post on coinedup, if more people like to get on there, please like it. Also s4w3d0ff, if you want to post it there yourself or if you don't like the idea i'll just delete it, I don't really know if it's okay if I post it there.

I actually think being on Poloniex is one of the best things that has happened, although small it is certainly one of the better exchanges I have used, and I suspect it will become very much more successful.
Yeah I really like it too, if it will get bigger we'll get more volume due to people noticing it on the exchange. CGA volume on there is getting bigger and bigger at the moment too, buy orders stacking up Cheesy
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February 23, 2014, 04:30:39 PM
 #1628

Quick news update:
I contacted Cryptonator.com (a live conversion calculator for crypto-crypto, fiat-crypto, crypto-fiat, fiat-fiat) about adding Poloniex to their exchanges, and they replied that it "will be added most probably on Monday or Tuesday."

EDIT: And we're also being added to http://www.countmycrypto.com/ !
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February 23, 2014, 05:00:09 PM
 #1629

Looks like buys side has finally figured out we will not come down in price on poloniex.

Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
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February 23, 2014, 05:08:27 PM
 #1630

FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.

It will look like this:
- An odd # block is found.  The script can immediately tell you if the next block is an anomaly or not.
- An even # block is found.  The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.
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February 23, 2014, 05:26:33 PM
 #1631

FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.

It will look like this:
- An odd # block is found.  The script can immediately tell you if the next block is an anomaly or not.
- An even # block is found.  The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.

So we can all use this to our advantage?  Even if there are a few miners on the network then what are my chances?  Or is this strictly for multipools?

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phzi
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February 23, 2014, 05:27:55 PM
 #1632

FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.

It will look like this:
- An odd # block is found.  The script can immediately tell you if the next block is an anomaly or not.
- An even # block is found.  The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.

So we can all use this to our advantage?  Even if there are a few miners on the network then what are my chances?  Or is this strictly for multipools?
More so to simply show that this coin design is (unfortunately) inherently flawed.  I am sure there are already people exploiting this 'anomaly' (oh, pun lol).
tf2honeybadger
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February 23, 2014, 05:28:51 PM
 #1633

FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.

It will look like this:
- An odd # block is found.  The script can immediately tell you if the next block is an anomaly or not.
- An even # block is found.  The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.

So we can all use this to our advantage?  Even if there are a few miners on the network then what are my chances?  Or this is strictly for multipools?

I'm looking into modifying my P2Pool to take advantage of this if it does work. I rather hope this does not work, however.
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February 23, 2014, 05:30:38 PM
 #1634

FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.

It will look like this:
- An odd # block is found.  The script can immediately tell you if the next block is an anomaly or not.
- An even # block is found.  The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.

So we can all use this to our advantage?  Even if there are a few miners on the network then what are my chances?  Or is this strictly for multipools?
More so to simply show that this coin design is (unfortunately) inherently flawed.

Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix?  This coin is more original than the other 99% out there, imho !!!

⚫▶      BUILDERIUM 
.Creating the future you desire, one bid at a time.

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█  ██
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█  ██
█  ██
█  ██
█  ██
█  ██
.YOUR RELIABLE PLATFORM FOR SKILLED &.
.QUALITY CONSTRUCTION CLIENTS & CONTRACTORS.

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phzi
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February 23, 2014, 05:37:01 PM
 #1635

Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix?  This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time.

It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol.
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February 23, 2014, 05:40:28 PM
 #1636

Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix?  This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time.

It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol.

Crap....This is not good!  Cry

⚫▶      BUILDERIUM 
.Creating the future you desire, one bid at a time.

    ██
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.YOUR RELIABLE PLATFORM FOR SKILLED &.
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February 23, 2014, 05:52:11 PM
 #1637

Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix?  This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time.

It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol.

Please consider communicating this (your findings and your tests) directly to s4w3d0ff and myself so that we have a chance to possibly fix it before you release it into the wild. We're both in the IRC (#cganomaly @ freenode), though he is currently AFK. You can also message us via bitcointalk if you prefer. If we are able to release a fix before the general public has access to it, there may be a reward for you.
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February 23, 2014, 05:54:22 PM
 #1638

Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix?  This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time.

It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol.

Crap....This is not good!  Cry

Now would this also allow control of a network then by skipping the 0 blocks and forcing the 0 blocks that carry tx fees to poof?

Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
phzi
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February 23, 2014, 05:59:06 PM
 #1639

Please consider communicating this (your findings and your tests) directly to s4w3d0ff and myself so that we have a chance to possibly fix it before you release it into the wild. We're both in the IRC (#cganomaly @ freenode), though he is currently AFK. You can also message us via bitcointalk if you prefer. If we are able to release a fix before the general public has access to it, there may be a reward for you.
Read 1 page back - I talked about this with s4w3d0ff in this thread yesterday.

I highly doubt there _is_ a fix possible, at least without significant changes to the system.  When you are hashing a block, part of that of what you are hashing is transactions - one of those transactions if the "pay me for this block".  Unless you re-write the entire protocol to handle this differently, I see no easy way to make the reward unpredictable.  Every "random" block reward coin suffers from this - Doge, Lotto, Moon, Leaf, etc.  However, in the case of CGA, it seems potentially devastating (if it catches on, who is going to mine a block they know is worthless?).  And you have to presume something this obvious is going to catch on.

Now would this also allow control of a network then by skipping the 0 blocks and forcing the 0 blocks that carry tx fees to poof?
Not quite sure what you mean.  It could allow someone with enough hashing power to 51% the network and cause ALL blocks to be an anomaly.  Or it could allow a smaller miner to predict if half the blocks will be 0 or 1, and then intentionally cause the other half of blocks to be 1 ALWAYS.
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February 23, 2014, 06:28:01 PM
 #1640

Panic selling it seems. Sometimes it would be nice if someone thinks they have found a "trick" to keep to private messages with devs.

Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
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