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

[Amph]

is this coin dead?
 

Nope - Heavycoin is still very much alive - tell your friends

Cheers,
M

I dont think so.  nobody coming

when x11 asic will come, gpu miners will move here or on others algo

there is still hope for this coin, a "patience hope"...

[1714162885]

1714162885

[1714162885]

1714162885

[1714162885]

1714162885

[tz]

is this coin dead?
 

Nope - Heavycoin is still very much alive - tell your friends

Cheers,
M

I dont think so.  nobody coming

when x11 asic will come, gpu miners will move here or on others algo

there is still hope for this coin, a "patience hope"...

X11 asics will come if sCrypt asics will turn out to be successful. As it is, X11 already offers a higher hashrate than sCrypt for lower power consumption. Asics for X11 might just not be worth creating. And, above all, as I continuously stated whenever I had the chance, it appears that sCrypt asics might just have killed sCrypt. Most miners, instead of buying the new asics, chose to move to a different algo.
So, bottom line is that for SHA-256, ASICS were a success; for sCrypt, not so much. I'm guessing that the next ASIC that comes out for a new algo (probably X11) will fail horribly.

Hefty is a wonderful thing. The reason this coin is dying is the same for every other coin. You will need a very strong integration in the community and, beside this, you will have to find a way to integrate it in the environment outside the crypto world. This is pretty hard to accomplish, but if you manage to do it, the coin will flourish.

With almost every coin, and probably every algo out there, there is one enormous problem: the distribution. Most coins use PoW. It's biggest flaw is that the more Hashpower you have, the bigger your reward will be. This should not be happening. The amount of coin a node should be able to gain should not depend on that node's hashpower, and it should be limited for the given unit of time. This will ensure a fair distribution and will also make the development of dedicated mining equipment superfluous. Solo mining will be encouraged and more and more people will come to claim their fair share, thus helping secure the network. There will be no pools, no huge farms and no useless dedicated hardware. People will mine using their phones, laptops, PCs, and will do this while enjoying other activities on their devices. There will be no need for specialized software, because mining with the wallet will be sufficient. This will be the future, and that future is not far away.

[mumbly]

Hey guys,

Keep on rocking in the free world, etc...

@tz - interesting ideas man - got to say I'm stuck on the idea of sCrypt ACIS's failing (is "sCrypt" capitalisation correct? dammit I've been doing it wrong the whole time).

What does sCrypt ASIC's failing look like for a coin like, say, Litecoin? It seems like there's a lot of money tied up in that coin and even if the GPU miners left someone would fill that mining void with either GPU's or ASIC's. Then the ASIC's would mine more coin and eventually take over.

To be perfectly honest I hadn't considered the idea before. Interesting - is there an angle I'm missing on this?

I do however share your hope that we will eventually passively mine on all our devices rather then the current arms war - to my mind, the only real valid criticism for Bitcoin is that it wastes so much power.



If you have a minute - check out CoinExchange's latest post on the logo/art forum: https://bitcointalk.org/index.php?topic=513878.msg7084495#msg7084495

A very nice tidy up job - please feel free to share any thoughts.



Final news of the day - Ok, I've talked to the devs about the website, they are giving me access now and then I have to learn a few new tools to make updates (I'm a simpleton, so bare with me...).

While we're looking at the site - are there any other details we should be looking at? Is all of the information clear or should we also be thinking about adding/editing other points to make the whole page as clear as possible.

Let me know if you guys see any other info on the page/site we should comb over to make sure everything is as clear as we can make it.


If you're in the mood for an interesting documentary, here's my recommendation for the day: https://www.youtube.com/watch?v=CS_HUWs9c8c

Cheers,
M

[mumbly]

HEFTY1 got a mention in Crypto Mining Blog: Windows GPU Miners for the More Commonly Used Crypto Algorithms

Quick follow up - Steve - thanks so much for sharing the link man - anything that gives me something to post around the social circles is a massive help - tip of the hat to you, sir

[fengkaitj]

is this coin dead?
 

Nope - Heavycoin is still very much alive - tell your friends

Cheers,
M

I dont think so.  nobody coming

when x11 asic will come, gpu miners will move here or on others algo

there is still hope for this coin, a "patience hope"...

X11 asics will come if sCrypt asics will turn out to be successful. As it is, X11 already offers a higher hashrate than sCrypt for lower power consumption. Asics for X11 might just not be worth creating. And, above all, as I continuously stated whenever I had the chance, it appears that sCrypt asics might just have killed sCrypt. Most miners, instead of buying the new asics, chose to move to a different algo.
So, bottom line is that for SHA-256, ASICS were a success; for sCrypt, not so much. I'm guessing that the next ASIC that comes out for a new algo (probably X11) will fail horribly.

Hefty is a wonderful thing. The reason this coin is dying is the same for every other coin. You will need a very strong integration in the community and, beside this, you will have to find a way to integrate it in the environment outside the crypto world. This is pretty hard to accomplish, but if you manage to do it, the coin will flourish.

With almost every coin, and probably every algo out there, there is one enormous problem: the distribution. Most coins use PoW. It's biggest flaw is that the more Hashpower you have, the bigger your reward will be. This should not be happening. The amount of coin a node should be able to gain should not depend on that node's hashpower, and it should be limited for the given unit of time. This will ensure a fair distribution and will also make the development of dedicated mining equipment superfluous. Solo mining will be encouraged and more and more people will come to claim their fair share, thus helping secure the network. There will be no pools, no huge farms and no useless dedicated hardware. People will mine using their phones, laptops, PCs, and will do this while enjoying other activities on their devices. There will be no need for specialized software, because mining with the wallet will be sufficient. This will be the future, and that future is not far away.

Scrypt asics failed? litecoin failed? dogecoin failed? Pow failed?
Could you stay a little calm for one or two months and make your judgement?
And if you believe hvc is dead, pls sell all your hvc coins to the market. I'm waiting there to buy. Thanks

[p1nky]

Dunno why people keep coming in here claiming the coin is dead. One might think they have an interest in buying low...

Considering the insane inflation we have been having for months this coin is very much alive, more than most would have imagined, and considering that this inflation will come to a stop soon you will be in for a big surprise how "dead" this coin is shortly  

[Jonesd]

Dunno why people keep coming in here claiming the coin is dead. One might think they have an interest in buying low...

Considering the insane inflation we have been having for months this coin is very much alive, more than most would have imagined, and considering that this inflation will come to a stop soon you will be in for a big surprise how "dead" this coin is shortly  

It's a good coin indeed.

[dreamboy]

How about the pool?

[mumbly]

Scrypt asics failed? litecoin failed? dogecoin failed? Pow failed?
Could you stay a little calm for one or two months and make your judgement?
And if you believe hvc is dead, pls sell all your hvc coins to the market. I'm waiting there to buy. Thanks

Hey fengkaitj,

While I appreciate your passion, could we ratchet this back a few steps?

I think you and I are in the same camp, but if we just jump on tz for having an opinion we pretty much lose the opportunity for having an interesting conversation.

HVC isn't going anywhere until the market says it's lost all interest - we're still in the game, nothing you or I or tz has to say will change that. In the mean time maybe we should be open to any new and potentially opposing ideas.

Let's just reel it back a little bit.

Cheers,
M

[incin]

How about the pool?

Are you asking which pool to mine at?

[auctioneeeeer]

At these prices, HVC is a steal.  As soon as the alt mining crowd realizes this could be the next GPU coin, it will defy gravity and likely see a huge influx of buyers.  To me, it's a no brainer to scoop anything you can up  under the 2000sat level.

[Amph]

is this coin dead?
 

Nope - Heavycoin is still very much alive - tell your friends

Cheers,
M

I dont think so.  nobody coming

when x11 asic will come, gpu miners will move here or on others algo

there is still hope for this coin, a "patience hope"...

With almost every coin, and probably every algo out there, there is one enormous problem: the distribution. Most coins use PoW. It's biggest flaw is that the more Hashpower you have, the bigger your reward will be. This should not be happening. The amount of coin a node should be able to gain should not depend on that node's hashpower, and it should be limited for the given unit of time. This will ensure a fair distribution and will also make the development of dedicated mining equipment superfluous. Solo mining will be encouraged and more and more people will come to claim their fair share, thus helping secure the network. There will be no pools, no huge farms and no useless dedicated hardware. People will mine using their phones, laptops, PCs, and will do this while enjoying other activities on their devices. There will be no need for specialized software, because mining with the wallet will be sufficient. This will be the future, and that future is not far away.

i would love to see a thing like this for future coins, big farms are a bad thing really

limiting the hashpower would be the best blessing for the distribution

[NeuroticFish]

Heh, I wish I'd see an announcement like this here...

[rayzor]

i do not consider myself a bag holder i bought ten bitcoins worth of heavycoin at the ipo and im looking to buy 700000 more to bring me up to nearly a million coins, have not sold no coins could have doubled my bitcoin first week of trading on mintpal but early days still, my fellow heavy coiners be patient every body acting scared there was only one other person who dropped ten bitcoins at the ipo and he was acting scared before ipo was even over lol, scared money dont make no money

[Jonesd]

i do not consider myself a bag holder i bought ten bitcoins worth of heavycoin at the ipo and im looking to buy 700000 more to bring me up to nearly a million coins, have not sold no coins could have doubled my bitcoin first week of trading on mintpal but early days still, my fellow heavy coiners be patient every body acting scared there was only one other person who dropped ten bitcoins at the ipo and he was acting scared before ipo was even over lol, scared money dont make no money

In it for the long haul

[rayzor]

of course in this long term i believe in this coin, were in the first phase still people need to relax and have fun smile and enjoy this crypto currency journey, pioneers we all are.

[vanessasweet]

I have a issue with windows wallet going back and forth from 11 weeks to zero.
11 connections.The wallet has been mining for over 10 hours with a couple of blocks.
Configure files is correct.Catching up processed 2935 of 62,929 established blocks.
Still out of sync.

Thank you for any suggestions on how to fix this issue.

[mumbly]

I have a issue with windows wallet going back and forth from 11 weeks to zero.
11 connections.The wallet has been mining for over 10 hours with a couple of blocks.
Configure files is correct.Catching up processed 2935 of 62,929 established blocks.
Still out of sync.

Thank you for any suggestions on how to fix this issue.

Hi vanessasweet,

I haven't seen that problem before - I can tell you at least that I have version 1.0 and 1.2 of the Heavycoin wallet running on Windows 7 without any problems.

I'll point out your message to the coin devs and see if they have any ideas.

In the mean time, feel free to share any other information that might help figure out what's happening, really anything you can think of would help, some starting questions:

- Which version of the wallet have you installed
- Which version of windows are you running
- Plenty of room left on your C drive?
- did you download from the official site - the download page on either http://heavyco.in/ or http://heavycoin.github.io/download.html
- if there's anything unusual about your computer setup

One thing you could try doing is to take a look at the size of your the heavycoin blockchain you're downloading:

- Go to C:\Users\<YOUR USERNAME>\AppData\Roaming\Heavycoin
- Right click properties and take a look at "size on disk"
- Give it five minutes, right click and try it again - is the folder any larger?

You could try deleting the C:\Users\<YOUR USERNAME>\AppData\Roaming\Heavycoin folder then launch the wallet again - that will start downloading the blockchain again from scratch, could be worth a try.

Let us know how you go and any questions feel free to post them.


@smaragda - what happened when you brought this up with the devs? Could you post a link if it's somewhere else on the thread?

What does everyone think of adding an anon feature? I'm not huge on it, but not at all against it - were you thinking of something specific like implementing coinjoin or something else?


Have a good one folks.

Cheers,
M

[p1nky]

Whether it works or not but such an anonymity functionality could be an excellent marketing vehicle, I completely agree.

[mumbly]

Whether it works or not but such an anonymity functionality could be an excellent marketing vehicle, I completely agree.

Completely agree anonymity functionality is big in the alt world right now - we can see it of course with what darkcoin is doing - *my understanding* is that darkcoins' Darksend is currently a closed source version of coinjoin introduced by gmaxwell (https://bitcointalk.org/index.php?topic=279249.0).

I believe that Darkwallet, when out of alpha/beta will be released as an open source project and should perform most of these functions for us while not being a huge problem for us to customise for HVC - https://darkwallet.unsystem.net/

I really have no idea at the moment though - a really interesting area, but I'm still trying to figure out how it all fits together.

I love crypto because I get to learn something new, I hate crypto because I have to read all of this damn documentation and force myself to understand something new