Bitcoin Forum
July 12, 2025, 01:27:45 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 [68] 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 »
  Print  
Author Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.  (Read 74430 times)
bbc.reporter
Legendary
*
Offline Offline

Activity: 3360
Merit: 1535



View Profile
February 20, 2020, 01:34:48 AM
 #1341

@Febo @Hueristic. I have forgotten that stoffu already explained about this issue. Miners mine on a higher hashrate in RandomX because it is faster to compute than cryptonight.

https://bitcointalk.org/index.php?topic=641696.msg53324704#msg53324704


You misread my statement, I never said there were current ASICS and do not believe there are or even will be if the Devs do as I suggested years ago and have a backup algo ready to go as a deterrent. AAMOF if they had done it back then then we never would have had the secret ASIC mining issue we did have in the first place as we could have forked immediately instead of waiting 6 months when the rate doubled when the first cryptonight ASICs were created(2017 IIRC) and that would have made their venture unprofitable and therefore they would not have wasted the resources to try it again.

All you need to do for a deterrent is to prove you are willing to do what it takes, mutually assured destruction is the ultimate form of this (I.E. a Doomsday machine) and it is 100% effective. That is an example it would be foolish to make a doomsday for a decentralized network as an asic friendly would be preferable to that but I think you get the idea I am trying to put across here. I think my mother described it best when she said I would cut off my nose to spite my face. Smiley

You talk of a decentralized network, however, a cryptocoin that can change the mining algorithm from the decision of a group of people anytime they order it is centralized. It is also not an assurance that it will stop Asics.

@Gash. Remove your bias. Let us pretend that a cryptocoin with a similar monetary policy as Grin has reached $50 billion market capitalization.

▄███████████████████▄
████████████████████████

██████████▀▀▀▀██████████
███████████████▀▀███████
█████████▄▄███▄▄█████
████████▀▀████▀███████
█████████▄▄██▀██████████
████████████▄███████████
██████████████▄█████████
██████████▀▀███▀▀███████
███████████████████████
█████████▄▄████▄▄████████
▀███████████████████▀
.
 BC.GAME 
███████████████
███████████████
███████████████
███████████████
██████▀░▀██████
████▀░░░░░▀████
███░░░░░░░░░███
███▄░░▄░▄░░▄███
█████▀░░░▀█████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
███░░▀░░░▀░░███
███░░▄▄▄░░▄████
███▄▄█▀░░▄█████
█████▀░░▐██████
█████░░░░██████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
██████▀▀░▀▄░███
████▀░░▄░▄░▀███
███▀░░▀▄▀▄░▄███
███▄░░▀░▀░▄████
███░▀▄░▄▄██████

███████████████

███████████████

███████████████

███████████████

DEPOSIT BONUS
.1000%.
GET FREE
...5 BTC...

REFER & EARN
..$1000 + 15%..
COMMISSION


 Play Now 
Hueristic
Legendary
*
Offline Offline

Activity: 4242
Merit: 6095


Doomed to see the future and unable to prevent it


View Profile
February 20, 2020, 05:15:09 AM
 #1342

@Febo @Hueristic. I have forgotten that stoffu already explained about this issue. Miners mine on a higher hashrate in RandomX because it is faster to compute than cryptonight.

https://bitcointalk.org/index.php?topic=641696.msg53324704#msg53324704


You misread my statement, I never said there were current ASICS and do not believe there are or even will be if the Devs do as I suggested years ago and have a backup algo ready to go as a deterrent. AAMOF if they had done it back then then we never would have had the secret ASIC mining issue we did have in the first place as we could have forked immediately instead of waiting 6 months when the rate doubled when the first cryptonight ASICs were created(2017 IIRC) and that would have made their venture unprofitable and therefore they would not have wasted the resources to try it again.

All you need to do for a deterrent is to prove you are willing to do what it takes, mutually assured destruction is the ultimate form of this (I.E. a Doomsday machine) and it is 100% effective. That is an example it would be foolish to make a doomsday for a decentralized network as an asic friendly would be preferable to that but I think you get the idea I am trying to put across here. I think my mother described it best when she said I would cut off my nose to spite my face. Smiley

You talk of a decentralized network, however, a cryptocoin that can change the mining algorithm from the decision of a group of people anytime they order it is centralized. It is also not an assurance that it will stop Asics.

Not when it is done by consensus. Wink

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
mankuk0007
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
February 20, 2020, 06:15:47 AM
 #1343

@Febo @Hueristic. I have forgotten that stoffu already explained about this issue. Miners mine on a higher hashrate in RandomX because it is faster to compute than cryptonight.

https://bitcointalk.org/index.php?topic=641696.msg53324704#msg53324704


You misread my statement, I never said there were current ASICS and do not believe there are or even will be if the Devs do as I suggested years ago and have a backup algo ready to go as a deterrent. AAMOF if they had done it back then then we never would have had the secret ASIC mining issue we did have in the first place as we could have forked immediately instead of waiting 6 months when the rate doubled when the first cryptonight ASICs were created(2017 IIRC) and that would have made their venture unprofitable and therefore they would not have wasted the resources to try it again.

All you need to do for a deterrent is to prove you are willing to do what it takes, mutually assured destruction is the ultimate form of this (I.E. a Doomsday machine) and it is 100% effective. That is an example it would be foolish to make a doomsday for a decentralized network as an asic friendly would be preferable to that but I think you get the idea I am trying to put across here. I think my mother described it best when she said I would cut off my nose to spite my face. Smiley
@Febo @Hueristic. I have forgotten that stoffu already explained about this issue. Miners mine on a higher hashrate in RandomX because it is faster to compute than cryptonight.

https://bitcointalk.org/index.php?topic=641696.msg53324704#msg53324704


You misread my statement, I never said there were current ASICS and do not believe there are or even will be if the Devs do as I suggested years ago and have a backup algo ready to go as a deterrent. AAMOF if they had done it back then then we never would have had the secret ASIC mining issue we did have in the first place as we could have forked immediately instead of waiting 6 months when the rate doubled when the first cryptonight ASICs were created(2017 IIRC) and that would have made their venture unprofitable and therefore they would not have wasted the resources to try it again.

All you need to do for a deterrent is to prove you are willing to do what it takes, mutually assured destruction is the ultimate form of this (I.E. a Doomsday machine) and it is 100% effective. That is an example it would be foolish to make a doomsday for a decentralized network as an asic friendly would be preferable to that but I think you get the idea I am trying to put across here. I think my mother described it best when she said I would cut off my nose to spite my face. Smiley

You talk of a decentralized network, however, a cryptocoin that can change the mining algorithm from the decision of a group of people anytime they order it is centralized. It is also not an assurance that it will stop Asics.

@Gash. Remove your bias. Let us pretend that a cryptocoin with a similar monetary policy as Grin has reached $50 billion market capitalization.
@Febo @Hueristic. I have forgotten that stoffu already explained about this issue. Miners mine on a higher hashrate in RandomX because it is faster to compute than cryptonight.

https://bitcointalk.org/index.php?topic=641696.msg53324704#msg53324704


You misread my statement, I never said there were current ASICS and do not believe there are or even will be if the Devs do as I suggested years ago and have a backup algo ready to go as a deterrent. AAMOF if they had done it back then then we never would have had the secret ASIC mining issue we did have in the first place as we could have forked immediately instead of waiting 6 months when the rate doubled when the first cryptonight ASICs were created(2017 IIRC) and that would have made their venture unprofitable and therefore they would not have wasted the resources to try it again.

All you need to do for a deterrent is to prove you are willing to do what it takes, mutually assured destruction is the ultimate form of this (I.E. a Doomsday machine) and it is 100% effective. That is an example it would be foolish to make a doomsday for a decentralized network as an asic friendly would be preferable to that but I think you get the idea I am trying to put across here. I think my mother described it best when she said I would cut off my nose to spite my face. Smiley

You talk of a decentralized network, however, a cryptocoin that can change the mining algorithm from the decision of a group of people anytime they order it is centralized. It is also not an assurance that it will stop Asics.

Not when it is done by consensus. Wink
really it will be based on consensus.
lovelysingh
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
February 20, 2020, 10:39:40 AM
 #1344

@Febo @Hueristic. I have forgotten that stoffu already explained about this issue. Miners mine on a higher hashrate in RandomX because it is faster to compute than cryptonight.

https://bitcointalk.org/index.php?topic=641696.msg53324704#msg53324704


You misread my statement, I never said there were current ASICS and do not believe there are or even will be if the Devs do as I suggested years ago and have a backup algo ready to go as a deterrent. AAMOF if they had done it back then then we never would have had the secret ASIC mining issue we did have in the first place as we could have forked immediately instead of waiting 6 months when the rate doubled when the first cryptonight ASICs were created(2017 IIRC) and that would have made their venture unprofitable and therefore they would not have wasted the resources to try it again.

All you need to do for a deterrent is to prove you are willing to do what it takes, mutually assured destruction is the ultimate form of this (I.E. a Doomsday machine) and it is 100% effective. That is an example it would be foolish to make a doomsday for a decentralized network as an asic friendly would be preferable to that but I think you get the idea I am trying to put across here. I think my mother described it best when she said I would cut off my nose to spite my face. Smiley

You talk of a decentralized network, however, a cryptocoin that can change the mining algorithm from the decision of a group of people anytime they order it is centralized. It is also not an assurance that it will stop Asics.

@Gash. Remove your bias. Let us pretend that a cryptocoin with a similar monetary policy as Grin has reached $50 billion market capitalization.
It seems that network may be centralized as cryptocoins may transform the mining algorithm.
Chris!
Legendary
*
Offline Offline

Activity: 1381
Merit: 1123



View Profile
February 20, 2020, 01:57:20 PM
 #1345

Secret cartel mining a shitcoin ... lol Dont get taken away by these absurd fancies. For that matter, if hypothetical cartels made it their mission to pursue really big profit, It would be more profitable for them to export heroine from Afghanistan, and have people sniff it at home and then manufacture asics out of metal talons found in locks in which bags with heroin are hidden.

1. They aren't secret. They're just unknown to the general public.
2. If you're already making ASICs for every other algo, why not c29? It would just make sense so you can squeeze every penny out of your production line.
tromp
Legendary
*
Offline Offline

Activity: 1009
Merit: 1139


View Profile
February 20, 2020, 02:58:52 PM
Merited by Hueristic (1)
 #1346


2. If you're already making ASICs for every other algo, why not c29? It would just make sense so you can squeeze every penny out of your production line.

Because a mean ASIC would need over 4GB of external DRAM, limiting its advantage over a GPU
Because a lean ASIC, while still needing 128MB of on-chip SRAM, incurs a computational overhead of having to compute 64 siphashes even if only one is needed.
And last but not least, because each Cuckaroo29 variant only lasts for 6 months before being replaced by a substantially different one, leaving no time to ROI.
Chris!
Legendary
*
Offline Offline

Activity: 1381
Merit: 1123



View Profile
February 23, 2020, 09:03:47 PM
 #1347


2. If you're already making ASICs for every other algo, why not c29? It would just make sense so you can squeeze every penny out of your production line.

Because a mean ASIC would need over 4GB of external DRAM, limiting its advantage over a GPU
Because a lean ASIC, while still needing 128MB of on-chip SRAM, incurs a computational overhead of having to compute 64 siphashes even if only one is needed.
And last but not least, because each Cuckaroo29 variant only lasts for 6 months before being replaced by a substantially different one, leaving no time to ROI.


Alright alright my real point was that if you know how to creates ASICs you aren't going to move drugs in Afghanistan. It was a terrible example of trying to solely earn profit. I'm always out for profit in my business but not by any means necessary.
Hueristic
Legendary
*
Offline Offline

Activity: 4242
Merit: 6095


Doomed to see the future and unable to prevent it


View Profile
February 25, 2020, 05:01:20 AM
 #1348


2. If you're already making ASICs for every other algo, why not c29? It would just make sense so you can squeeze every penny out of your production line.

Because a mean ASIC would need over 4GB of external DRAM, limiting its advantage over a GPU
Because a lean ASIC, while still needing 128MB of on-chip SRAM, incurs a computational overhead of having to compute 64 siphashes even if only one is needed.
And last but not least, because each Cuckaroo29 variant only lasts for 6 months before being replaced by a substantially different one, leaving no time to ROI.


Alright alright my real point was that if you know how to creates ASICs you aren't going to move drugs in Afghanistan. It was a terrible example of trying to solely earn profit. I'm always out for profit in my business but not by any means necessary.

You are answering your own question here.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
bbc.reporter
Legendary
*
Offline Offline

Activity: 3360
Merit: 1535



View Profile
March 02, 2020, 04:42:56 AM
 #1349

Is grin ready to be an anonymous enough cryptocoin to be the primary medium of exchange in the forum for protection and unlinkability?

Our tormentors will begin identifying independent currency exchangers on online forums as illegal money transmitting businesses.

▄███████████████████▄
████████████████████████

██████████▀▀▀▀██████████
███████████████▀▀███████
█████████▄▄███▄▄█████
████████▀▀████▀███████
█████████▄▄██▀██████████
████████████▄███████████
██████████████▄█████████
██████████▀▀███▀▀███████
███████████████████████
█████████▄▄████▄▄████████
▀███████████████████▀
.
 BC.GAME 
███████████████
███████████████
███████████████
███████████████
██████▀░▀██████
████▀░░░░░▀████
███░░░░░░░░░███
███▄░░▄░▄░░▄███
█████▀░░░▀█████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
███░░▀░░░▀░░███
███░░▄▄▄░░▄████
███▄▄█▀░░▄█████
█████▀░░▐██████
█████░░░░██████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
██████▀▀░▀▄░███
████▀░░▄░▄░▀███
███▀░░▀▄▀▄░▄███
███▄░░▀░▀░▄████
███░▀▄░▄▄██████

███████████████

███████████████

███████████████

███████████████

DEPOSIT BONUS
.1000%.
GET FREE
...5 BTC...

REFER & EARN
..$1000 + 15%..
COMMISSION


 Play Now 
Neo-Geo
Member
**
Offline Offline

Activity: 127
Merit: 15


View Profile WWW
March 28, 2020, 09:29:11 AM
 #1350

Notice the title of this thread, "[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven."

So, let’s see what the GRiN community wants, your vote may change the direction of this project. Should David Burkett (creator of Grin++ wallet) be part of the Grin core team?
Vote here: https://www.strawpoll.me/19637251
Cryptotourist
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 755


Homo Sapiens Bitcoinerthalensis


View Profile
March 28, 2020, 11:47:40 AM
 #1351

Notice the title of this thread, "[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven."

So, let’s see what the GRiN community wants, your vote may change the direction of this project. Should David Burkett (creator of Grin++ wallet) be part of the Grin core team?
Vote here: https://www.strawpoll.me/19637251

Without knowing any details, that was a solid "yes".

I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
Neo-Geo
Member
**
Offline Offline

Activity: 127
Merit: 15


View Profile WWW
March 28, 2020, 06:27:17 PM
 #1352

More details found in this thread:
https://forum.grin.mw/t/lets-talk-about-the-elephant-in-the-room/7169/53
Tarz
Full Member
***
Offline Offline

Activity: 238
Merit: 110


View Profile
March 29, 2020, 04:54:28 PM
 #1353

Notice the title of this thread, "[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven."

So, let’s see what the GRiN community wants, your vote may change the direction of this project. Should David Burkett (creator of Grin++ wallet) be part of the Grin core team?
Vote here: https://www.strawpoll.me/19637251

Man David quit crypto. Its been a while now. If you didnt know that, this might come as shock to you. But roughen up and hold your floor firmly however hard this info might be to stomach. David was a friend, seriously. I remember testing his head with a solid 30x9 inch red brick, that was more fun for me and him than my whole life prior to that. #Nostalgia. I clonked him with that red slab and cracked the skull above ear. We laughed!
Febo
Legendary
*
Offline Offline

Activity: 2758
Merit: 1288



View Profile
March 29, 2020, 08:22:21 PM
 #1354

Notice the title of this thread, "[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven."

So, let’s see what the GRiN community wants, your vote may change the direction of this project. Should David Burkett (creator of Grin++ wallet) be part of the Grin core team?
Vote here: https://www.strawpoll.me/19637251

Man David quit crypto. Its been a while now. If you didnt know that, this might come as shock to you. But roughen up and hold your floor firmly however hard this info might be to stomach. David was a friend, seriously. I remember testing his head with a solid 30x9 inch red brick, that was more fun for me and him than my whole life prior to that. #Nostalgia. I clonked him with that red slab and cracked the skull above ear. We laughed!

Yup. Community driven dont mean that you order people what to do, but it mean that you can hire people to work on Grin. Neo-Geo, you could gather founds and try to convince him to come develop back or convince some other good developer to help with development.  You can be the change!
ilyapx
Member
**
Offline Offline

Activity: 245
Merit: 29


View Profile
April 08, 2020, 06:22:44 AM
 #1355

Network Upgrades / Hard forks on Grin v5.0.0 and beyond

https://forum.grin.mw/t/network-upgrades-hard-forks-on-grin-v5-0-0-and-beyond/7231
tromp
Legendary
*
Offline Offline

Activity: 1009
Merit: 1139


View Profile
April 28, 2020, 03:24:27 PM
Merited by Hueristic (1)
 #1356

Final CuckARoo tweak announced at

https://forum.grin.mw/t/introducing-the-final-tweak-cuckarooz
bbc.reporter
Legendary
*
Offline Offline

Activity: 3360
Merit: 1535



View Profile
May 23, 2020, 03:52:05 AM
 #1357

@tromp. What can you say and do about this? I find it very unconvincing coming from a single person who runs shitcoin.com that spreads fear and doubt among the community while pumping and hyping the coins they like.



I had to read over much of the GRIN source code due to lack of documentation. The Rust code appeared to be written by someone with very little Rust programming experience.

Source https://twitter.com/abrkn/status/1262324530363629569

▄███████████████████▄
████████████████████████

██████████▀▀▀▀██████████
███████████████▀▀███████
█████████▄▄███▄▄█████
████████▀▀████▀███████
█████████▄▄██▀██████████
████████████▄███████████
██████████████▄█████████
██████████▀▀███▀▀███████
███████████████████████
█████████▄▄████▄▄████████
▀███████████████████▀
.
 BC.GAME 
███████████████
███████████████
███████████████
███████████████
██████▀░▀██████
████▀░░░░░▀████
███░░░░░░░░░███
███▄░░▄░▄░░▄███
█████▀░░░▀█████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
███░░▀░░░▀░░███
███░░▄▄▄░░▄████
███▄▄█▀░░▄█████
█████▀░░▐██████
█████░░░░██████

███████████████

███████████████

███████████████

███████████████
███████████████
███████████████
███████████████
███████████████
██████▀▀░▀▄░███
████▀░░▄░▄░▀███
███▀░░▀▄▀▄░▄███
███▄░░▀░▀░▄████
███░▀▄░▄▄██████

███████████████

███████████████

███████████████

███████████████

DEPOSIT BONUS
.1000%.
GET FREE
...5 BTC...

REFER & EARN
..$1000 + 15%..
COMMISSION


 Play Now 
AdamCox9
Full Member
***
Offline Offline

Activity: 145
Merit: 112

To the moon!


View Profile WWW
May 23, 2020, 09:47:38 AM
 #1358

I created an article on Medium about Grin: https://medium.com/@NewBtcOrder/grin-getting-started-c47947dc50bf?source=friends_link&sk=e243f4556da9f3c2a05c5b95dc14d483

Buy Bitcoin!
tromp
Legendary
*
Offline Offline

Activity: 1009
Merit: 1139


View Profile
May 24, 2020, 07:00:18 AM
 #1359

The Rust code appeared to be written by someone with very little Rust programming experience.[/i]

Among the core devs, I am one of the few with little Rust programming experience.

I wrote large parts of https://github.com/mimblewimble/grin/blob/master/core/src/consensus.rs and https://github.com/mimblewimble/grin/blob/master/core/src/core/pmmr/pmmr.rs but most of my efforts are in the Cuckoo Cycle repository.

The twitter author would do well to substantiate their criticism on code quality.

I agree our documentation is below par and we hope to make improvements in the coming years as the code stabilizes.
vapourminer
Legendary
*
Offline Offline

Activity: 4760
Merit: 4831


what is this "brake pedal" you speak of?


View Profile
May 24, 2020, 11:46:57 AM
 #1360


Just like the death penalty is 100% effective at preventing homocides?


preventing future homicides by that person? yes it is.
Pages: « 1 ... 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 [68] 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!