[ANN] [VELD] - Veldspar - A new type of coin, trying to solve different problems

[editfmah]

Nice to see a project with a completely new algo that is for CPU mining only, I hope it stays CPU only for a while.

Well we hope so, we are just completing a planned upgrade to the blockchain and with it, the mining parameters are now deterministic, so if we identify an issue we can just roll out updates to the miner algorithms.  But we are going to design GPU & ASIC algo's which are balanced with CPU's to give less of an advantage and keep a level playing field.

[zayachkivska]

the mined coins are not locked during the sales period, I usually see dev like that

[editfmah]

the mined coins are not locked during the sales period, I usually see dev like that

sorry I'm not sure I understand that statement.

[cyberspacemonkey]

Nice to see a project with a completely new algo that is for CPU mining only, I hope it stays CPU only for a while.

Well we hope so, we are just completing a planned upgrade to the blockchain and with it, the mining parameters are now deterministic, so if we identify an issue we can just roll out updates to the miner algorithms.  But we are going to design GPU & ASIC algo's which are balanced with CPU's to give less of an advantage and keep a level playing field.

Well that's great you're considering this because I guess it's just a matter of time before someone manages to figure out a way to crack the code to give GPUs an advantage, I've noticed that happen on many coins already.

[tsik]

luckily the algo can be changed on the fly 

[hankrules]

It looks like a miner written in C has been released:
https://github.com/VeldsparCrypto/megaminer

It's fast, and there aren't many people mining.

[wildraven01]

any plans for an exchange ?

[elr01]

When moon ? 
The project is at a very early stage if you read Discord the dust is just beginning to settle after a relauch today.
I would ask, when will the peer nodes become released. The answer shall not be different : we are in (pre) alpha.

[editfmah]

When moon ? 
The project is at a very early stage if you read Discord the dust is just beginning to settle after a relauch today.
I would ask, when will the peer nodes become released. The answer shall not be different : we are in (pre) alpha.

Transfers and peer nodes are the next phase, and it will be a long and painful phase for sure.

[paul3]

New Windows miner works fine. The miner on Linux WSL crashed for me every few minutes, windows miner is running smooth for over 2 hours now.

[cyberspacemonkey]

New Windows miner works fine. The miner on Linux WSL crashed for me every few minutes, windows miner is running smooth for over 2 hours now.

Good to see there's a windows miner out, from what I read you have to run an instance for each CPU core you have? is the new miner able to use all cores?

[editfmah]

New Windows miner works fine. The miner on Linux WSL crashed for me every few minutes, windows miner is running smooth for over 2 hours now.

Good to see there's a windows miner out, from what I read you have to run an instance for each CPU core you have? is the new miner able to use all cores?

Feedback says that the windows one works well across all cores.  Jury is still out on the linux one despite being the same codebase I haven't had enough consistent feedback on the latest release to know for sure.

[elr01]

Jury is still out on the linux one ...

What do you mean, the linux c miner works fine for me. Great work @editfmah

[RinceWind84]

May I suggest:

Share a dev-donation address on here. Then those of us not willing and/or able to compile linux wallets, can still play around with the miner.

[holderwhale999]

i download image 2 times, then i try to extract i get error message

[vu_giang]

The project has opened, but has not seen much promotion on the social networking channel

[glasbren]

I've tried to learn about this project from the post, but still cant really get what the project means.
Is there any website link or something else that contain another information for me to learn about this project.

[editfmah]

I've tried to learn about this project from the post, but still cant really get what the project means.
Is there any website link or something else that contain another information for me to learn about this project.

Hi glasbren,

At the moment there is no website, only this ANN, and the GitHub post.   It is something we will get around to producing it, but some of the pressing questions that people would expect to find on a website we are not in a position to answer at this precise moment, they would only be very broad guesses based on limited statistical information and I feel that would be disingenuous.

Always happy to try and answer questions or explain parts of the system on our discord channel whenever I am around though.

Thanks

[ibinsad]

The project has opened, but has not seen much promotion on the social networking channel

No sense to promote until it will not be stable

[editfmah]

The project has opened, but has not seen much promotion on the social networking channel

No sense to promote until it will not be stable

Yes at the moment quiet is a good thing.