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Author Topic: ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW  (Read 1076342 times)
techbytes
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March 30, 2014, 02:56:53 AM
 #2581

You guys might want to rethink the X11 algo on the account of what this guy can bring to the table.  Might be a few more like him out there.

https://hiro.forkpool.com/index.php?page=statistics&action=pool

https://i.imgur.com/GaHxxiS.jpg

Something to think about. 


-tb-

B2BigAl
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March 30, 2014, 03:02:09 AM
 #2582

I've been watching this coin for a while and mining a little here and there, but if you guys change to x11, I'm all in.  I'm a huge fan of x11 and would love to see more of it.  I know its supposedly not optimized, but that's perfectly fine by me.  I love seeing my GPU temps in the 60's and not having to worry about multipools or asics.  I know its just tentative right now, but I really think it would be a step in the right direction.  Hope you follow through with it.

Edit:

Lol, sure.  Soon as I post.  Wtf is up with that hiro pool?  I've been mining drk since release and never seen anything like that.  Has someone found an exploit or something??
einsteinium (OP)
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March 30, 2014, 03:02:27 AM
 #2583

That is something to think about!

MIL coin Blue Paper www.emc2.foundation/mil
etoque
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March 30, 2014, 03:12:25 AM
Last edit: March 30, 2014, 03:30:31 AM by etoque
 #2584

You guys might want to rethink the X11 algo on the account of what this guy can bring to the table.  Might be a few more like him out there.

https://hiro.forkpool.com/index.php?page=statistics&action=pool

https://i.imgur.com/GaHxxiS.jpg

Something to think about.  


-tb-

Wow,interesting!

we need to investigate, possibly modifying internal code x11 to made it 'unique' to emc2,and, proof of what about the guys found here(asic,bug... ?) ?

what the hell  Huh

Btw,I think it might be good idea to thinking about a B plans
chocobo
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March 30, 2014, 03:43:16 AM
 #2585

any word on getting added to the iama reddit calender? only one other person tomorrow!

Hello, the AMA will be on http://www.reddit.com/r/science, /r/IAMA is more for famous or successful people, not the best choice for now. Maybe in the future it will.
We've talked with the mods about it, so it will 90% happen tomorrow at the scheduled hour, 10% being reserved for extraordinary events.  If you want more information I can ask the marketing team to offer more details.

awesome thats even better!
B2BigAl
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March 30, 2014, 03:49:24 AM
 #2586

You guys might want to rethink the X11 algo on the account of what this guy can bring to the table.  Might be a few more like him out there.

https://hiro.forkpool.com/index.php?page=statistics&action=pool

https://i.imgur.com/GaHxxiS.jpg

Something to think about.  


-tb-

Wow,interesting!

we need to investigate, possibly modifying internal code x11 to made it 'unique' to emc2,and, proof of what about the guys found here(asic,bug... ?) ?

what the hell  Huh

Btw,I think it might be good idea to thinking about a B plans

Fake hash vulnerability.  Looks like the stratum pools need a patch. 

https://github.com/MPOS/php-mpos/issues/1938
etoque
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March 30, 2014, 04:01:04 AM
 #2587

You guys might want to rethink the X11 algo on the account of what this guy can bring to the table.  Might be a few more like him out there.

https://hiro.forkpool.com/index.php?page=statistics&action=pool

https://i.imgur.com/GaHxxiS.jpg

Something to think about.  


-tb-

Wow,interesting!

we need to investigate, possibly modifying internal code x11 to made it 'unique' to emc2,and, proof of what about the guys found here(asic,bug... ?) ?

what the hell  Huh

Btw,I think it might be good idea to thinking about a B plans

Fake hash vulnerability.  Looks like the stratum pools need a patch.  

https://github.com/MPOS/php-mpos/issues/1938

Yeah its like,I do my stalker on HiC thread, I fallow this closely  Tongue
einsteinium (OP)
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March 30, 2014, 04:25:25 AM
 #2588

THE DONATION HAS BEEN MADE!

https://experiment.com/projects/can-viral-molecular-structures-cause-cancer/community


MIL coin Blue Paper www.emc2.foundation/mil
praxiscat
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March 30, 2014, 05:17:41 AM
Last edit: March 30, 2014, 05:35:09 AM by praxiscat
 #2589

Okay this is a little bit of analysis. Pros and cons of forks, and each algorithm.

X11
Advantages.
1. It is easy to set up for a miner.
2. ASICs are at least a year away.
3. It is GPU friendly
4. The inefficiencies of the algorithm actually bring advantages in terms of power savings.

Disadvantages.
1. Botnets are a risk. Darkwave should be implemented with it to prevent both botnets and multipools.
2. We have to rewrite everything
3. The fake hash vulnerability posted above.

Neutral
1.. ASICs will come if it becomes popular. This is not a bad thing later in the coins lifecycle.

Scrypt

1. It's easy to mine.
2. We don't need to do anything


Disadvantage
1. ASICs, and more specifically ASIC farms by the manufacturers early in the coins lifecycle. This can reduce our community size and also present problems for the network early in our life cycle.

Scrypt-N/Scrypt Jane
Advantage
1. ASIC resistant for now.

Disadvantage
1. It is hard to setup miners and we are looking to broaden our community.  

Neutral.
1. Nothing is ASIC proof, ASICs will come if it is popularized, even with adjustments.

There are other options too worth exploring.

Because of our halving schedule ASIC resistance is not needed forever. Our halving schedule is aggressive enough were it is not a permanent problem. There are also other alternatives as well, which are not being discussed. Such as possibly adding another layer, like Gridcoin.

Hopefully this is helpful.

Einsteinium.org
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March 30, 2014, 05:26:48 AM
 #2590

In regards to what? I'm not on the dev team, but I'm pretty sure they're working on getting press releases out on the first winner as well as internally discussing and testing out the idea of switching the ECM2 algo to x11. Besides that I'm sure our own forum is being worked on little by little as well.

besides those things, I think we just keep doing what we have been doing. Lets go through with epoch 2 and pick another winner and go through that donation phase. Hopefully after that point, more interest will be generated driving the price up some.

We are working on a relationship with experiment.com, the door has been opened and they are responding to emails.

Einsteinium.org
etoque
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March 30, 2014, 01:27:07 PM
 #2591

Okay this is a little bit of analysis. Pros and cons of forks, and each algorithm.

X11
Advantages.
1. It is easy to set up for a miner.
2. ASICs are at least a year away.
3. It is GPU friendly
4. The inefficiencies of the algorithm actually bring advantages in terms of power savings.

Disadvantages.
1. Botnets are a risk. Darkwave should be implemented with it to prevent both botnets and multipools.
2. We have to rewrite everything
3. The fake hash vulnerability posted above.

Neutral
1.. ASICs will come if it becomes popular. This is not a bad thing later in the coins lifecycle.

Scrypt

1. It's easy to mine.
2. We don't need to do anything


Disadvantage
1. ASICs, and more specifically ASIC farms by the manufacturers early in the coins lifecycle. This can reduce our community size and also present problems for the network early in our life cycle.

Scrypt-N/Scrypt Jane
Advantage
1. ASIC resistant for now.

Disadvantage
1. It is hard to setup miners and we are looking to broaden our community.  

Neutral.
1. Nothing is ASIC proof, ASICs will come if it is popularized, even with adjustments.

There are other options too worth exploring.

Because of our halving schedule ASIC resistance is not needed forever. Our halving schedule is aggressive enough were it is not a permanent problem. There are also other alternatives as well, which are not being discussed. Such as possibly adding another layer, like Gridcoin.

Hopefully this is helpful.

Thanks for comparison, X11 seems the better of them in long term  Smiley
etoque
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March 30, 2014, 01:47:06 PM
 #2592

https://bitcointalk.org/index.php?topic=549592.0

Interesting thread about changing Litecoin Scrypt to X11, 64% in favor !
agx.io
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March 30, 2014, 02:45:20 PM
 #2593

You asked. We listened. Lots of upgrades to Austin Global Exchange launched overnight. Faster trades. Faster page loads. Fewer clicks. Intuitive layout. More markets. Dynamic content. Integrated chat. And more!

You can also earn 1% trading bonuses on VC, NOBL, and DGB! Reach out to us, social@agx.io, if you're a developer wanting to sponsor a 1% trading promo on another coin. We're always looking for great partners.

Check out agx.io to trade EMC2/BTC, learn more about the 1% promo, and see what we've been working on!

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
austinglobal.tumblr.com
DoiX
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March 30, 2014, 03:09:09 PM
 #2594

Block mining, in your wallet and then disappear is an orphan, right? At the same time, is there a way to reduce them?
Quite attractive to join the way premine actually 2.5%
998.40 award 1024, but appear in a wallet has been the enemy mines on the cloth.
Don't need me to dev this hisself lol
waltsmith

Pre-mine - X% of coins being mined by the developer before announcing/launching the coin to the public.

EMC2 is not a premined coin, 100% of each block is mined by the community, 2.5% is donated by the network.


Orphans means you're mining, most likely, on a high latency pool for you. If it's a p2pool please use http://p2pools.org/emc2 to locate a low latency pool for you. If you're using a normal pool please have a look at the other pools in the OP https://bitcointalk.org/index.php?topic=494708.0 and find one that
is better for you.

Are you using lifeforce pool by chance?
ocminer
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March 30, 2014, 03:16:28 PM
 #2595


https://emc2.suprnova.cc


The Day 1 EMC2 Pool
Steady and fast Payouts
Heavy Load approved
Straum+VDiff
Fast US and EU Connections
Over 250MH/s in the Pool





suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
poiuty
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March 30, 2014, 03:28:35 PM
 #2596


http://emc2.poiuty.com
New emc2 mpos pool.
Fee 0%, stratum, vardiff. Welcome!

einsteinium (OP)
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March 30, 2014, 04:10:29 PM
 #2597

ONLY 6 hours left guys until our live AMA with our first winner Dr. Walter Moss on the science reddit.

I hope to see most of you guys there asking questions and hopefully opening up your wallets to this great research project to find out if viral molecular structures cause cancer.

https://experiment.com/projects/can-viral-molecular-structures-cause-cancer/community
https://twitter.com/walternmoss

Once again, Thank you to all the miners and supporters who helped us make our first donation. Now if you can all just stop selling so low and holding stronger then we can really make a dent.

See you guys at 6pm EST @ www.reddit.com/r/science

MIL coin Blue Paper www.emc2.foundation/mil
gizz_
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March 30, 2014, 04:22:01 PM
 #2598

Quote
Thank you to all the miners and supporters who helped us make our first donation.

No problem, i like this coin and i will mine it for a long time Smiley
einsteinium (OP)
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March 30, 2014, 05:02:42 PM
 #2599

Quote
Thank you to all the miners and supporters who helped us make our first donation.

No problem, i like this coin and i will mine it for a long time Smiley

Thanks, its beacaus of cool people like you that we will prevail.

MIL coin Blue Paper www.emc2.foundation/mil
EinsteiniumWisdom
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March 30, 2014, 05:44:14 PM
 #2600

Guys just copy paste the N scrypt from vertcoin even their schedule. They are 100% focus on avoiding asics, yes is less ecological and requires some tweaking but it should be a once in a lifetime fork. Then we can focus our minds and resources into science.

Vertcoin is just an adapted scrypt algo, really not 'ASIC resistant', the multiple hash of X11 or Quark algo would take much more effort to build an ASIC against ...

Chaining NIST approved algos is in no way asic resistance, theres not a single one which is memory hard - its just cheap to put that on a chip...
If you want to know the reason why x11 mining takes less power, its simple - the miner is totally unoptimized.

There is also a big disadvantage with that, cpu mining is nearly as fast as gpu mining...that means, its ideal for beeing mined on botnets - thats something you really dont want.
I dont really find that it matters if it is indeed optimized or not. If it was optimized it would mean generally speaking a same perentage increase of hash for every miner, meaning they still get the same proportional reward. Can you explain what you mean by cpu being as fast as gpu?


Cant wait for this! So Awesome!
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