[ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast

[VanBreuk]

Can someone clarify why voting on 1 is such a great idea (and so aggressively promoted here)?

Voting low will decrease the coin supply, and once you have a price set, lower supply gives more time for demand to build up. If you pair that with good development and promotion, demand raises, beats supply and that pushes price up.

Thanks for the clear explanation.

Do I need to keep the wallet app running for that, or enough just to change and save?

The effects of votes require for starters that you mine. If you are mining with the wallet, you have to leave it open (or the corresponding daemon running in Linux) but finding blocks solo is extremely difficult unless you have a hell of a machine cpu wise. So you better mine in a pool using their miner. Right now you have three options: http://hvc.1gh.com/, http://heavycoinpool.com and http://hvc.nonce-pool.com/. People are reporting at the moment lower hashrates in heavycoinpool, so you may want to use one of the others. I'd recommend http://hvc.nonce-pool.com/ to distribute the hashrate, so far 1gh hoarded too much.

And some thoughts... votes that count are the ones cast by block finders. And this is one of the cruxes of this coin... generally block finders will be people with a lot of overall hashing power. If they're in for a quick buck, they will want to increase block content and vote high so they can harvest more coins and sell them. One of the keys for this community to succeed is to avoid quick dumping so there's time to develop and grow sustainably. That requires to give reasons to powerful miners for 1) Holding, and/or 2) Voting Low.

Getting heavy miners to vote low seems difficult. If I could throw in a LOT of hashes, I'd like to have more coins even if I intended to hold - so once the coin hit my target price, I could get higher returns. So at least we suggest the average miner Joe (or anyone wanting to build things around HVC) to vote low in an attempt to counteract the expected, more frequent high votes of heavy miners, because a long, steady growth of HVC is more attractive for both small miners and community pushers.

So it seems that the best way to avoid quick dumping is to develop the coin and the community and to build expectation. That works for everyone even if blocks are voted to be big.

[1714039780]

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[1714039780]

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[NeuroticFish]

You make a good point, I didn't think of that. Same goes for my idea of the pools averaging miner votes. Someone could just open up hundreds of miners on a single computer.

If I understand right, heavycoin pool takes into account only the vote of the finder.
Indeed it would be much better if all the votes count for the final vote in sortof similar way the block reward is split. But I think that this has to be coded into the pool's program and the priority for that will be sooooo loooooow

[suky321]

What hardware are those people at the top of the pools whom are finding blocks using to get such a high hashrate?

[suky321]

primera, what are you using to get 7 mh/s?

[NeuroticFish]

primera, what are you using to get 7 mh/s?

If I counted right, 700 cores. Or 350 cores with hyperthreading.
Somebody had some nice screenshots yesterday here comparing newer and older processors.

[suky321]

primera, what are you using to get 7 mh/s?

If I counted right, 700 cores. Or 350 cores with hyperthreading.
Somebody had some nice screenshots yesterday here comparing newer and older processors.

Would that be on physical machines in his possession or in the cloud?

I'm trying to see if it might be worth investing in to increase my hashrate, so my vote can be counted.

[Trivelius]

My suggestion  



updated  :




HVC: HVniYbKKvxaSbLSFCShKSMDe7GYrVAXfZG  

[anonymousxx1503]

My suggestion  





HVC: HVniYbKKvxaSbLSFCShKSMDe7GYrVAXfZG  

You can't compete with MS Paint !



Is there a thread available for this competition so I can stop spamming?

[deadthings]

An optimized cpuminer just commited to https://github.com/1gh/cpuminer-heavycoin , ~20% faster. No binaries yet.

Client is indeed reporting a 22-28% increase over previous 1gh miner on my machines. Now to see if the shares agree...

[Trivelius]

You can't compete with MS Paint !

Clean design - 2 min Photoshop work. And i'm very very sorry that i don't use mountain wallpaper....  

[btc-mike]

An optimized cpuminer just commited to https://github.com/1gh/cpuminer-heavycoin , ~20% faster. No binaries yet.

Client is indeed reporting a 22-28% increase over previous 1gh miner on my machines. Now to see if the shares agree...

Did you compile for Win?

[keccak512]

An optimized cpuminer just commited to https://github.com/1gh/cpuminer-heavycoin , ~20% faster. No binaries yet.

Client is indeed reporting a 22-28% increase over previous 1gh miner on my machines. Now to see if the shares agree...

It seems they've done a scanhash implementation.  Nice contribution.

[deadthings]

An optimized cpuminer just commited to https://github.com/1gh/cpuminer-heavycoin , ~20% faster. No binaries yet.

Client is indeed reporting a 22-28% increase over previous 1gh miner on my machines. Now to see if the shares agree...

Did you compile for Win?

Nope - nix.

[crazy58]

Bounties

• 30,000 HVC - professional grade commercial art and logos (specific guidelines, logo competition)

MY WORK


http://i.hizliresim.com/x348Pr.jpg


http://i.hizliresim.com/KlgYrE.jpg

HVC: HRm9H8wJxjoiqsD9MV1SgvBqX4hNoPx7Xr[/list]

[kuperis]

HeavyCoin @ Nonce-Pool is OPEN!
http://hvc.nonce-pool.com/index.php

Pool is compatible with the stratum miners provided by 1GH

Consider the pool in beta mode for now but trust us it should work, we only have little hash power.

 I dont know but there is mining very unstable...
my miners shows all the time on minerd (from 1Gh)
1) 129 Kh/s
2) 128 Kh/s
3)  65 Kh/s
4)  34 Kh/s
so its total : 356 Kh/s
In pools site shows that numbers, but in minerd no changes...
when mining only 1) then shows 157 Kh/s
after when + 2) then 288, then + 3) shows 427 + 4) shows 555 Kh/s
and the the time moving 220 - 555 Kh/s...

[anonymousxx1503]

Bounties

• 30,000 HVC - professional grade commercial art and logos (specific guidelines, logo competition)

MY WORK


HVC: HRm9H8wJxjoiqsD9MV1SgvBqX4hNoPx7Xr[/list]

it says professional grade 

[VanBreuk]

HeavyCoin @ Nonce-Pool is OPEN!
http://hvc.nonce-pool.com/index.php

Pool is compatible with the stratum miners provided by 1GH

Consider the pool in beta mode for now but trust us it should work, we only have little hash power.

 I dont know but there is mining very unstable...
my miners shows all the time on minerd (from 1Gh)
1) 129 Kh/s
2) 128 Kh/s
3)  65 Kh/s
4)  34 Kh/s
so its total : 356 Kh/s
In pools site shows that numbers, but in minerd no changes...
when mining only 1) then shows 157 Kh/s
after when + 2) then 288, then + 3) shows 427 + 4) shows 555 Kh/s
and the the time moving 220 - 555 Kh/s...

Do not rely on what the pool dashboard says. The hashrate is a calculation based on the amount of shares you submitted in the last minutes (as it actually states right below) and does not correspond to the actual steady hashrate info. The proper measure is in minerd output.

[luckytiger]

My suggestion  

You can't compete with MS Paint !


Is there a thread available for this competition so I can stop spamming?

Here i have created a thread with a few rules.
https://bitcointalk.org/index.php?topic=513333

P.S its not nice to beat others down, so please dont flame other peoples designs.

[deadthings]

An optimized cpuminer just commited to https://github.com/1gh/cpuminer-heavycoin , ~20% faster. No binaries yet.

Client is indeed reporting a 22-28% increase over previous 1gh miner on my machines. Now to see if the shares agree...

Seem to have a more modest accept rate though. Down from ~98.4-98.6 with previous 1gh miner to ~94.9-96.8 so far with the new one.

[anonymousxx1503]

My suggestion  

You can't compete with MS Paint !


Is there a thread available for this competition so I can stop spamming?

Here i have created a thread with a few rules.
https://bitcointalk.org/index.php?topic=513333

P.S its not nice to beat others down, so please dont flame other peoples designs.

Thank you and yes I will stop being an asshole!