[ANN][XMY] Myriad | Multi-Algo, Fair, Secure

[iamphoenix]

Bryce Weiner = 8bitcoder ?

This guy bryce is a fucking moron, dressed like a fucking drug addict, i hope its not the myr dev.

dude if the guy really does crypto coding/etc 20hrs a day (not that much actually when you think about it .. me going 36 hours+ researching lol)
i think hes entitled to wear comfortable cloths

[1714595084]

1714595084

[1714595084]

1714595084

[neuroMode]

So, I wrote this last night. Let me know if there are any errors. I was intending to inspire. Maybe we can use some version of this to help promote MYR.


Satoshi originally envisioned a decentralized global cryptocurrency landscape with Bitcoin, defined in part by instantaneous, international p2p transactions free from any 3rd party oversight, the open source development of the Bitcoin network, and a blockchain that can be kept secure by anyone in the world with a CPU (or GPU) with a built-in reward mechanism for participation and compensation for the cost of electricity.

What we are beginning to see is a deviation from the third point about decentralized mining--a major deviation. The industrialization of Bitcoin mining is squeezing out the little guy from participating in the Bitcoin network. Consequentially, this makes it likely that the impoverished countries and underbanked people that need Bitcoin the MOST will be the LAST to directly benefit from it. This seems all backwards, and despite the mining industry's attempt to convince us otherwise, we are at a crossroads with what the future of Bitcoin (and altcoin) mining should entail. Do we ramp up industrialization of ASICs to better secure the network at the cost of increasingly excluding the rest of the world from participating? Can the industrialization of ASICs really make them cheap enough to put in the hands of every man, woman, and child in the world? If so, how long will that take? Or is there a solution elsewhere in CryptoLand that can positively correlate enhanced security with inclusiveness?

Looking to CryptoLand, we find a an innovative yet fragmented environment marred mainly by exclusionary attributes. Putting clone/copy/spamcoins aside (no explanation needed), a pattern we see emerging with new altcoins is a push to create PoW algorithms designed to "be ASIC free." At first glance, this seems to be healthy advancement for CrytoLand as innovation is always a breath of fresh air. But upon further inspection I believe they might be just as unhealthy for CryptoLand than the clone/copy/spamcoins, but in a less obvious way. These new PoWs, while innovative and resourceful of cryptography research, unintentionally fragment the mining community with their game of ASIC "Keep Away". Each new PoW cryptocurrency is inherently excluding itself from the rest, creating a new "island" of miners in CryptoLand that have fled from the mainland. Naturally, they begin distinguishing themselves from the rest of the SHA256 and Scrypt miners both socially and technologically, perhaps even subconsciously pitting themselves against those on the mainland. While not the end of the world in an environment that is pushing the frontier, the fragmentation is enhanced as clone/copy/spamcoins immediately pop up on these islands using the same PoW under a different brand and attract more miners from the mainland with it. Furthermore, each altcoin with a new PoW naturally grows larger as development aims to attract and retain more miners for its network security and value. CryptoLand becomes characterized more by fragmentation and less by decentralization as time goes on. It's hard imagine how a solution for inclusiveness could be found in this type of environment, but alas; one was born recently in the form of a modular, multi-PoW blockchain called MyriadCoin.

With the birth of Myriadcoin, multi-PoWs solve:

• The centralization of ASICs
• The fragmentation of altcoin miners
• The game of "Keep Away" from ASICs

Mult-PoW cryptocurrencies will act as the bridge-builders between these island and the mainland, instantly transforming fragmentation into decentralization. Miners can coexist with ASICs in an inclusive blockchain that rewards miners of each PoW fairly. SHA256 ASICs cannot squeeze the GPU miners out from the network because SHA256 ASICs compete among each other, not among the others for 1/5 of the block rewards in Myriad. As a sanctuary from ASICs, GPU miners can choose between 4 other PoWs (Scrypt, Skein, Groestl, or Qubit) that each receive 1/5 of the newly minted coins, respectively. If Scrypt ASICs come on the scene, GPU miners can still choose from Skein, Groestl, or Qubit. If ASICs come on the scene for Skein, Groestl, and Qubit, the Myriad developers can switch out one of the algos for a new, non-ASICed PoW. The game is no longer "Keep Away." The game is "All Aboard."

Looking ahead, we know impoverished countries still don't have the luxury of GPU rigs to participate in any cryptocurrency network (let alone Bitcoin). Until a PoW system comes out that is as inclusive as possible (e.g. "human mining"; anyone with a cell phone can mine), we are still left with imperfect solutions that keep 1st world countries alienated from 2nd- and 3rd-world countries. But imagine, even if a PoW system like the one just mentioned is invented it, it would be the largest fragmentation to date since the mining industry at large won't suddenly cease operations. This PoW system would operate outside the bounds of Bitcoin, Litecoin, and all the other "mono-blockchains" that are inherently exclusive. But Myriad, with its modular, inclusive multi-PoW blockchain, can build a bridge to all the human miners by swapping in their groundbreaking PoW and instantly have the entire world securing the same global blockchain with fair rewards and equal distribution.

Multi-PoWs are the next step in converting an Exclusive, Fragmented CryptoLand into an Inclusive, Decentralization CryptoUtopia.

[foodies123]

First Myriad clone to be released soon : https://bitcointalk.org/index.php?topic=565610

yawn Myriads first clone

try a different ticker symbol
KFC = Kentucky fried chicken

lol, premine ipo, innovation is coins mature in 49823423852357862378562387562387 days )) I lold.

[WalkerLi]

First Myriad clone to be released soon : https://bitcointalk.org/index.php?topic=565610

ShitCoin, IPO

[doge94]

First Myriad clone to be released soon : https://bitcointalk.org/index.php?topic=565610

yawn Myriads first clone

try a different ticker symbol
KFC = Kentucky fried chicken

lol, premine ipo, innovation is coins mature in 49823423852357862378562387562387 days )) I lold.

Well at least they are trying. I believe that more clones will only help this myriad.

[DLow]

hey guys,

i have to ask: why a rebranding? specifically, why renaming it?

brazil might be one of the few places where the name "myriad" might actually work..

This is the problem with behind closed doors deals, you can't give out too many details.

MYR will not be rebranding in any way. There will only be partial rebranding of a built wallet for the brazilian people. This does not affect the MYR community in any way. What we are doing with Brazil with the help of the nice people at Blocktech we can later do with other countries to and with a little luck Myriad might just become a coin for ALL countries open to cryptocurrency.

On a sidenote. Will someone with some design skills download the graphic files from the MYR github and start working a rough draft for a Brazilian wallet design ?

ON IT LIKE MUSTARD ON A SANDWHICH!

will get in contact via irc.

[DLow]

Bryce Weiner = 8bitcoder ?

This guy bryce is a fucking moron, dressed like a fucking drug addict, i hope its not the myr dev.

dude if the guy really does crypto coding/etc 20hrs a day (not that much actually when you think about it .. me going 36 hours+ researching lol)
i think hes entitled to wear comfortable cloths

brycetoshi nakaweiner?

[KSGuy]

So, I wrote this last night. Let me know if there are any errors. I was intending to inspire. Maybe we can use some version of this to help promote MYR.

nice writeup

[Muzzargh]

brycetoshi nakaweiner?


Now that!!! . . . was laugh-out-loud funny. . . . literally!!!   

[Muzzargh]

So, I wrote this last night. Let me know if there are any errors. I was intending to inspire. Maybe we can use some version of this to help promote MYR.


Satoshi originally envisioned a decentralized global cryptocurrency landscape with Bitcoin, defined in part by instantaneous, international p2p transactions free from any 3rd party oversight, the open source development of the Bitcoin network, and a blockchain that can be kept secure by anyone in the world with a CPU (or GPU) with a built-in reward mechanism for participation and compensation for the cost of electricity.

What we are beginning to see is a deviation from the third point about decentralized mining--a major deviation. The industrialization of Bitcoin mining is squeezing out the little guy from participating in the Bitcoin network. Consequentially, this makes it likely that the impoverished countries and underbanked people that need Bitcoin the MOST will be the LAST to directly benefit from it. This seems all backwards, and despite the mining industry's attempt to convince us otherwise, we are at a crossroads with what the future of Bitcoin (and altcoin) mining should entail. Do we ramp up industrialization of ASICs to better secure the network at the cost of increasingly excluding the rest of the world from participating? Can the industrialization of ASICs really make them cheap enough to put in the hands of every man, woman, and child in the world? If so, how long will that take? Or is there a solution elsewhere in CryptoLand that can positively correlate enhanced security with inclusiveness?

Looking to CryptoLand, we find a an innovative yet fragmented environment marred mainly by exclusionary attributes. Putting clone/copy/spamcoins aside (no explanation needed), a pattern we see emerging with new altcoins is a push to create PoW algorithms designed to "be ASIC free." At first glance, this seems to be healthy advancement for CrytoLand as innovation is always a breath of fresh air. But upon further inspection I believe they might be just as unhealthy for CryptoLand than the clone/copy/spamcoins, but in a less obvious way. These new PoWs, while innovative and resourceful of cryptography research, unintentionally fragment the mining community with their game of ASIC "Keep Away". Each new PoW cryptocurrency is inherently excluding itself from the rest, creating a new "island" of miners in CryptoLand that have fled from the mainland. Naturally, they begin distinguishing themselves from the rest of the SHA256 and Scrypt miners both socially and technologically, perhaps even subconsciously pitting themselves against those on the mainland. While not the end of the world in an environment that is pushing the frontier, the fragmentation is enhanced as clone/copy/spamcoins immediately pop up on these islands using the same PoW under a different brand and attract more miners from the mainland with it. Furthermore, each altcoin with a new PoW naturally grows larger as development aims to attract and retain more miners for its network security and value. CryptoLand becomes characterized more by fragmentation and less by decentralization as time goes on. It's hard imagine how a solution for inclusiveness could be found in this type of environment, but alas; one was born recently in the form of a modular, multi-PoW blockchain called MyriadCoin.

With the birth of Myriadcoin, multi-PoWs solve:

• The centralization of ASICs
• The fragmentation of altcoin miners
• The game of "Keep Away" from ASICs

Mult-PoW cryptocurrencies will act as the bridge-builders between these island and the mainland, instantly transforming fragmentation into decentralization. Miners can coexist with ASICs in an inclusive blockchain that rewards miners of each PoW fairly. SHA256 ASICs cannot squeeze the GPU miners out from the network because SHA256 ASICs compete among each other, not among the others for 1/5 of the block rewards in Myriad. As a sanctuary from ASICs, GPU miners can choose between 4 other PoWs (Scrypt, Skein, Groestl, or Qubit) that each receive 1/5 of the newly minted coins, respectively. If Scrypt ASICs come on the scene, GPU miners can still choose from Skein, Groestl, or Qubit. If ASICs come on the scene for Skein, Groestl, and Qubit, the Myriad developers can switch out one of the algos for a new, non-ASICed PoW. The game is no longer "Keep Away." The game is "All Aboard."

Looking ahead, we know impoverished countries still don't have the luxury of GPU rigs to participate in any cryptocurrency network (let alone Bitcoin). Until a PoW system comes out that is as inclusive as possible (e.g. "human mining"; anyone with a cell phone can mine), we are still left with imperfect solutions that keep 1st world countries alienated from 2nd- and 3rd-world countries. But imagine, even if a PoW system like the one just mentioned is invented it, it would be the largest fragmentation to date since the mining industry at large won't suddenly cease operations. This PoW system would operate outside the bounds of Bitcoin, Litecoin, and all the other "mono-blockchains" that are inherently exclusive. But Myriad, with its modular, inclusive multi-PoW blockchain, can build a bridge to all the human miners by swapping in their groundbreaking PoW and instantly have the entire world securing the same global blockchain with fair rewards and equal distribution.

Multi-PoWs are the next step in converting an Exclusive, Fragmented CryptoLand into an Inclusive, Decentralization CryptoUtopia.

Nice!!  I only spotted a couple of things:

   "of environment, but alas; one was born recently" - I read this as "of environment, but sadly one was born recently"

I know the semicolon tries to fix it but I just don't think it works.  Perhaps it could be:

   "of environment, but fortunately one was born recently"

and:

   "just mentioned is invented it, it would be the largest"

Should be:

   "just mentioned, is invented, it would be the largest"

 

[KSGuy]

Good idea and algorithm soon raise the price.

Dozens of new coins with the same age already umerli. I constantly extractive coins and keep for the future.

Security problems exist in all crypto money. Decentralization maintain network is one of the priorities in this regard.

To maximize profits for miners and maintain a reliable network represent

a powerful pool with 0% commission - http://myr.coinsprofit.com/.

Mine and provide security to be together.

What happen to your pool, what happen to the coins we still had in your pool?

[mami]

Bryce Weiner = 8bitcoder ?

This guy bryce is a fucking moron, dressed like a fucking drug addict, i hope its not the myr dev.

dude if the guy really does crypto coding/etc 20hrs a day (not that much actually when you think about it .. me going 36 hours+ researching lol)
i think hes entitled to wear comfortable cloths

I don't care about his clothes, but

http://kentucky.arrests.org/Arrests/Bryce_Weiner_10082393/ came up quickly in google, and the mugshot DOES look like him...

Can we talk?

[foodies123]

Bryce Weiner = 8bitcoder ?

This guy bryce is a fucking moron, dressed like a fucking drug addict, i hope its not the myr dev.

dude if the guy really does crypto coding/etc 20hrs a day (not that much actually when you think about it .. me going 36 hours+ researching lol)
i think hes entitled to wear comfortable cloths

I don't care about his clothes, but

http://kentucky.arrests.org/Arrests/Bryce_Weiner_10082393/ came up quickly in google, and the mugshot DOES look like him...

Can we talk?

I LOLED =)))))))) it's him alright but that wolong comment tho ... hahahahaha
chill, it's from 2003 and no other relevant data is there.

[mami]

I don't care about his clothes, but

http://kentucky.arrests.org/Arrests/Bryce_Weiner_10082393/ came up quickly in google, and the mugshot DOES look like him...

Can we talk?

I LOLED =)))))))) it's him alright but that wolong comment tho ... hahahahaha
chill, it's from 2003 and no other relevant data is there.

I'm not out to ruin the man's name (we've all done stupid things in our life). As you pointed out, it's from 2003.

If he's going to be a point man for this coin, I WOULD appreciate some sort of explanation from him...

[barryzand]

So whats the plan now...


Bryce Weiner is going to promote Myriad in Brasil? But not as Myriad coin, but by another name? why? lol.. is that even gonna work?

Though he looks like a homeless guy... Some of the things he said were pretty straight up... I liked it...
And if hes living of btc, I wouldnt give a shit how I looked either... LOL.. chilling away... 

[snuckles]

Can i use a 200GH antminer on this coin and how many would i get roughly a day? any help any one thanks 

[Mikellev]

Can i use a 200GH antminer on this coin and how many would i get roughly a day? any help any one thanks 

http://myriad.theblockexplorer.com/

[Miki]

http://kentucky.arrests.org/Arrests/Bryce_Weiner_10082393/

Mugshot comment is concerning - online scam artist ... It was left in March 2014, not 2003 ..

I am not going to support a homeless-looking guy with a mugshot dossie, i vote against giving him any say in the Brazil rebranding, if it ever happens.

[neuroMode]

So, I wrote this last night. Let me know if there are any errors. I was intending to inspire. Maybe we can use some version of this to help promote MYR.


Satoshi originally envisioned a decentralized global cryptocurrency landscape with Bitcoin, defined in part by instantaneous, international p2p transactions free from any 3rd party oversight, the open source development of the Bitcoin network, and a blockchain that can be kept secure by anyone in the world with a CPU (or GPU) with a built-in reward mechanism for participation and compensation for the cost of electricity.

What we are beginning to see is a deviation from the third point about decentralized mining--a major deviation. The industrialization of Bitcoin mining is squeezing out the little guy from participating in the Bitcoin network. Consequentially, this makes it likely that the impoverished countries and underbanked people that need Bitcoin the MOST will be the LAST to directly benefit from it. This seems all backwards, and despite the mining industry's attempt to convince us otherwise, we are at a crossroads with what the future of Bitcoin (and altcoin) mining should entail. Do we ramp up industrialization of ASICs to better secure the network at the cost of increasingly excluding the rest of the world from participating? Can the industrialization of ASICs really make them cheap enough to put in the hands of every man, woman, and child in the world? If so, how long will that take? Or is there a solution elsewhere in CryptoLand that can positively correlate enhanced security with inclusiveness?

Looking to CryptoLand, we find a an innovative yet fragmented environment marred mainly by exclusionary attributes. Putting clone/copy/spamcoins aside (no explanation needed), a pattern we see emerging with new altcoins is a push to create PoW algorithms designed to "be ASIC free." At first glance, this seems to be healthy advancement for CrytoLand as innovation is always a breath of fresh air. But upon further inspection I believe they might be just as unhealthy for CryptoLand than the clone/copy/spamcoins, but in a less obvious way. These new PoWs, while innovative and resourceful of cryptography research, unintentionally fragment the mining community with their game of ASIC "Keep Away". Each new PoW cryptocurrency is inherently excluding itself from the rest, creating a new "island" of miners in CryptoLand that have fled from the mainland. Naturally, they begin distinguishing themselves from the rest of the SHA256 and Scrypt miners both socially and technologically, perhaps even subconsciously pitting themselves against those on the mainland. While not the end of the world in an environment that is pushing the frontier, the fragmentation is enhanced as clone/copy/spamcoins immediately pop up on these islands using the same PoW under a different brand and attract more miners from the mainland with it. Furthermore, each altcoin with a new PoW naturally grows larger as development aims to attract and retain more miners for its network security and value. CryptoLand becomes characterized more by fragmentation and less by decentralization as time goes on. It's hard imagine how a solution for inclusiveness could be found in this type of environment, but alas; one was born recently in the form of a modular, multi-PoW blockchain called MyriadCoin.

With the birth of Myriadcoin, multi-PoWs solve:

• The centralization of ASICs
• The fragmentation of altcoin miners
• The game of "Keep Away" from ASICs

Mult-PoW cryptocurrencies will act as the bridge-builders between these island and the mainland, instantly transforming fragmentation into decentralization. Miners can coexist with ASICs in an inclusive blockchain that rewards miners of each PoW fairly. SHA256 ASICs cannot squeeze the GPU miners out from the network because SHA256 ASICs compete among each other, not among the others for 1/5 of the block rewards in Myriad. As a sanctuary from ASICs, GPU miners can choose between 4 other PoWs (Scrypt, Skein, Groestl, or Qubit) that each receive 1/5 of the newly minted coins, respectively. If Scrypt ASICs come on the scene, GPU miners can still choose from Skein, Groestl, or Qubit. If ASICs come on the scene for Skein, Groestl, and Qubit, the Myriad developers can switch out one of the algos for a new, non-ASICed PoW. The game is no longer "Keep Away." The game is "All Aboard."

Looking ahead, we know impoverished countries still don't have the luxury of GPU rigs to participate in any cryptocurrency network (let alone Bitcoin). Until a PoW system comes out that is as inclusive as possible (e.g. "human mining"; anyone with a cell phone can mine), we are still left with imperfect solutions that keep 1st world countries alienated from 2nd- and 3rd-world countries. But imagine, even if a PoW system like the one just mentioned is invented it, it would be the largest fragmentation to date since the mining industry at large won't suddenly cease operations. This PoW system would operate outside the bounds of Bitcoin, Litecoin, and all the other "mono-blockchains" that are inherently exclusive. But Myriad, with its modular, inclusive multi-PoW blockchain, can build a bridge to all the human miners by swapping in their groundbreaking PoW and instantly have the entire world securing the same global blockchain with fair rewards and equal distribution.

Multi-PoWs are the next step in converting an Exclusive, Fragmented CryptoLand into an Inclusive, Decentralization CryptoUtopia.

Nice!!  I only spotted a couple of things:

   "of environment, but alas; one was born recently" - I read this as "of environment, but sadly one was born recently"

I know the semicolon tries to fix it but I just don't think it works.  Perhaps it could be:

   "of environment, but fortunately one was born recently"

and:

   "just mentioned is invented it, it would be the largest"

Should be:

   "just mentioned, is invented, it would be the largest"

 

Thanks for the grammatical fixes!

[xfelinho]

asic algo:sha256d, scrypt
nVidia algo: groestl --> https://bitcointalk.org/index.php?topic=167229.10820 780ti gets 2x the hashrate of r9 290

skein and qubit?? Does one of them favor amd gpus?