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Author Topic: Execoin: | First Open-Source Stealth Wallet Released! | Fast | ASIC-proof  (Read 279966 times)
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CryptoLTD
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May 29, 2014, 05:47:37 PM
 #2461

if the dev is ready to change things up whenever an asic is developed then you can be asic-proof . I'm nothing to do with underworld but i don't want anyone to be able to look through my wallet and know everything that i have bought. although privacy might not be important to you it is very important to me and everyone else in this market that is why monero and dark and every other spin off are doing well. Wink
True enough about ASICs, but I don't think the EXECoin developers have ever openly stated they will change the algorithm if needed to prevent ASIC adoption.
If I recall correctly, several people have asked for clarification on this previously in this thread.

As long as the devs implement p2p and distributed anonymizing, I'm all for it.  Ring-signature-based anonymous transactions are a must if you're going down that road - no centralized nodes.

Yes, we will change the algorithm and hardfork execoin if needed to prevent ASIC adoption.

That's really good to hear!

I'de have to disagree, and why Im altho watching the coin, no longer holding. Fighting technology is like trying to live life now, with out electricity & vehicles.
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oni4an
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May 29, 2014, 06:55:06 PM
 #2462

Actively vote here https://www.mintpal.com/voting
https://hitbtc.com/vote.

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May 29, 2014, 09:31:03 PM
 #2463

I take it people are turning off their rigs?  It seems the hashrate across most coins is decreasing... or are they mining some new coin?  It appears like the slight increase in bitcoins value didn't really affect the altcoins...

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May 30, 2014, 04:07:00 AM
 #2464

I take it people are turning off their rigs?  It seems the hashrate across most coins is decreasing... or are they mining some new coin?  It appears like the slight increase in bitcoins value didn't really affect the altcoins...

The altcoins seem to be behaving lately as if they're tied to a value in fiat rather than BTC.  As far as mining profitability, though, LTC seems to be getting hammered by ASICs and it's dragging down altcoin profitability across the board.  I'm assuming it's ASIC owners who care little about the future of LTC and just want to immediately dump on an exchange and collect their earnings.

On the subject of anonymous transactions, I support this feature being added to Execoin 100%.  Throughout history, many well-written proclamations have been made to explain why you need privacy, even if you have nothing to hide.  It would be shortsighted to dismiss this feature over fears that it would be utilized for nefarious purposes.
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May 30, 2014, 04:09:55 AM
 #2465

Something that could be a big addition/selling point would be if the darkwallet devs could be recruited to port or add an execoin implentation for darkwallet.  I guess someone could potentially tinker with the source to make an execoin fork.

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EXE: EKtwmweMBLtg5xNXp1anofonJsJiao1DYY
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CryptoLTD
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May 30, 2014, 04:31:07 AM
 #2466

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time. Fighting technology will get you no where fast. Just imagine if 15 years ago, small offices all said no to the PC, where would we be today. This is not a good forward progression plan from the stand point of any long term investor(s)..I will keep watching tho.
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May 30, 2014, 06:27:31 AM
 #2467

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time. Fighting technology will get you no where fast. Just imagine if 15 years ago, small offices all said no to the PC, where would we be today. This is not a good forward progression plan from the stand point of any long term investor(s)..I will keep watching tho.

You said goodbye to us what are You doing here ? ))))

CryptoLTD
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May 30, 2014, 06:45:01 AM
 #2468

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time. Fighting technology will get you no where fast. Just imagine if 15 years ago, small offices all said no to the PC, where would we be today. This is not a good forward progression plan from the stand point of any long term investor(s)..I will keep watching tho.

You said goodbye to us what are You doing here ? ))))

Keeping an eye on things, I did like the coin, and if the tune changes, I would like to get back onboard. This is what investors do, we read, discuss, ect ect. Im knot knocking the coin, im not saying its a 'BAD coin' or a 'bad dev', but the current new direction , is not one that I want to take that leap back into @ this point. However, as businesses do and people do every day, directions can & do change,mine included from time to time. 
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May 30, 2014, 01:51:12 PM
 #2469

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time. Fighting technology will get you no where fast. Just imagine if 15 years ago, small offices all said no to the PC, where would we be today. This is not a good forward progression plan from the stand point of any long term investor(s)..I will keep watching tho.

You said goodbye to us what are You doing here ? ))))

Keeping an eye on things, I did like the coin, and if the tune changes, I would like to get back onboard. This is what investors do, we read, discuss, ect ect. Im knot knocking the coin, im not saying its a 'BAD coin' or a 'bad dev', but the current new direction , is not one that I want to take that leap back into @ this point. However, as businesses do and people do every day, directions can & do change,mine included from time to time. 

It sounds like you don't like the coin or the direction the devs and community have taken. Which is fine, but I don't get why you have to keep commenting about your unhappiness.
CryptoLTD
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May 30, 2014, 02:34:52 PM
 #2470

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time. Fighting technology will get you no where fast. Just imagine if 15 years ago, small offices all said no to the PC, where would we be today. This is not a good forward progression plan from the stand point of any long term investor(s)..I will keep watching tho.

You said goodbye to us what are You doing here ? ))))

Keeping an eye on things, I did like the coin, and if the tune changes, I would like to get back onboard. This is what investors do, we read, discuss, ect ect. Im knot knocking the coin, im not saying its a 'BAD coin' or a 'bad dev', but the current new direction , is not one that I want to take that leap back into @ this point. However, as businesses do and people do every day, directions can & do change,mine included from time to time.  

It sounds like you don't like the coin or the direction the devs and community have taken. Which is fine, but I don't get why you have to keep commenting about your unhappiness.

I wouldn't call it unhappiness, just concerned , just as you are, in inquiring about my thoughts.
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May 31, 2014, 09:49:39 AM
 #2471

Some healthy growth going on  Cool
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May 31, 2014, 12:43:18 PM
 #2472

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time.

Anonymous coin has no future in the market. I Agree. Dark market is not a goal for serious coin & investors.
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May 31, 2014, 01:22:53 PM
 #2473

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time.

Anonymous coin has no future in the market. I Agree. Dark market is not a goal for serious coin & investors.

One of the original claims about bitcoin was that it was anonymous... Merchants are starting to adapt it and we are all supporting it and derivatives of it.  I fail to see your point.

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EXE: EKtwmweMBLtg5xNXp1anofonJsJiao1DYY
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Kuttingcorners
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May 31, 2014, 10:30:40 PM
 #2474

First off if crypto currency is going to rival paper cash than it has to be untraceable .  Second i was wondering if i have a 3 x 280x rig is 4g of ram enough to mine exe?

sling!
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June 01, 2014, 03:10:54 AM
 #2475

First off if crypto currency is going to rival paper cash than it has to be untraceable .  Second i was wondering if i have a 3 x 280x rig is 4g of ram enough to mine exe?
2GB of ram is enough.  You don't need lots of system RAM for mining... it's an old wives tale.
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June 01, 2014, 04:42:06 AM
 #2476

Something has come up so i will be doing the execoin giveaway @ exebet.me next sunday june 8th all day

Execoin Betting @ exebet.me
gsupp
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June 01, 2014, 03:03:31 PM
 #2477

First off if crypto currency is going to rival paper cash than it has to be untraceable .  Second i was wondering if i have a 3 x 280x rig is 4g of ram enough to mine exe?
2GB of ram is enough.  You don't need lots of system RAM for mining... it's an old wives tale.

That's right...I've run 5 GPU rigs with no more than 2GB of RAM, mining scrypt, scrypt-n, x11 using cgminer. I never ran out of system memory. It might be different for other mining programs, but I doubt it.
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June 01, 2014, 03:18:13 PM
 #2478

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time.

Anonymous coin has no future in the market. I Agree. Dark market is not a goal for serious coin & investors.

One of the original claims about bitcoin was that it was anonymous... Merchants are starting to adapt it and we are all supporting it and derivatives of it.  I fail to see your point.

bitcoin isn't anonymous, transactions can be traced
gsupp
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June 01, 2014, 05:57:33 PM
 #2479

Please vote for Execoin:

https://www.mintpal.com/voting

Remember you can vote once per hour!
Doom4535
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June 01, 2014, 09:34:12 PM
 #2480

Mainstream merchants will never adopt an anonymous coin, as they need to be able to track funds for obvious reasons. Fighting Asics or FPGA's, is a huge step back in time.

Anonymous coin has no future in the market. I Agree. Dark market is not a goal for serious coin & investors.

One of the original claims about bitcoin was that it was anonymous... Merchants are starting to adapt it and we are all supporting it and derivatives of it.  I fail to see your point.

bitcoin isn't anonymous, transactions can be traced

Partially correct, they can be traced; but, if the correct measures are taken there is plausible deniability by dispersing the coins.  This is like with cash, a particular bill may have been stolen 10 years ago, but just because it is in your wallet doesn't mean you're the one who took it.  The more it circulates the harder it is to trace, it becomes obfuscated.

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EXE: EKtwmweMBLtg5xNXp1anofonJsJiao1DYY
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