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thankful_for_today
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April 04, 2014, 08:35:33 AM |
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During last 3 days difficulty increased twice: from ~300.000 to 640.000. Look like a lot of people joined this club.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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DStrange (OP)
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April 04, 2014, 08:49:21 AM |
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Important info: Today is my wedding anniversary ( it's five years since I have married the best woman in the world  ) and we gonna have romantic "no gadgets and gear" weekend. So during Saturday and Sunday there will be no giveaway transactions. It means only one: you still may fill the form to take part in giveaway. But you will recieve your BCN only on Monday (4/7/2014)!-------------------------------------------------------------- Are there any volonteers to help me with giveaway?
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Rias
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April 04, 2014, 10:03:13 AM |
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Wow, this thread has bursted during last days. I feel the whole story is getting more weird with each day. Has anybody tried figuring out anything at Cryptonote forum? I'll be digging through it today.
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thankful_for_today
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April 04, 2014, 10:05:40 AM |
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During last 3 days difficulty increased twice: from ~300.000 to 640.000. Look like a lot of people joined this club.
Here is a difficulty chart of last 6 months of Bytecoin/Cryptonote:  As far as I understood the code, hashrate can be estimated from difficulty as difficulty / 120 (hashes / seconds). I.e. current hashrate is 640000 / 120 = 5333 h/s. An average machine gives about 5 h/s. We have 1000 miners just now and 500 joined yesterday? Looks like botnet started mining |
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x0rcist
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April 04, 2014, 12:32:16 PM |
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As far as I understood the code, hashrate can be estimated from difficulty as difficulty / 120 (hashes / seconds). I.e. current hashrate is 640000 / 120 = 5333 h/s. An average machine gives about 5 h/s. We have 1000 miners just now and 500 joined yesterday? Looks like botnet started mining
I have some xeon's running at 40 h/s so it would take around 130 of those to match the difficulty, doenst sound like a botnet to me (yet) btw anyone of you know something about the Stanford Bitcoin Group? |
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DStrange (OP)
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April 04, 2014, 12:41:28 PM |
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As far as I understood the code, hashrate can be estimated from difficulty as difficulty / 120 (hashes / seconds). I.e. current hashrate is 640000 / 120 = 5333 h/s. An average machine gives about 5 h/s. We have 1000 miners just now and 500 joined yesterday? Looks like botnet started mining
I have some xeon's running at 40 h/s so it would take around 130 of those to match the difficulty, doenst sound like a botnet to me (yet) btw anyone of you know something about the Stanford Bitcoin Group? I heard of them. They do research into Bitcoin theory and applications: http://bitcoin.stanford.edu/. Pretty good TryBitcoin project. Do you think they are Bytecoin authors?  |
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thankful_for_today
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April 04, 2014, 12:59:04 PM |
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As far as I understood the code, hashrate can be estimated from difficulty as difficulty / 120 (hashes / seconds). I.e. current hashrate is 640000 / 120 = 5333 h/s. An average machine gives about 5 h/s. We have 1000 miners just now and 500 joined yesterday? Looks like botnet started mining
I have some xeon's running at 40 h/s so it would take around 130 of those to match the difficulty, doenst sound like a botnet to me (yet) btw anyone of you know something about the Stanford Bitcoin Group? Xeon at 40h/s - cool! is this Xeon E5-2680 v2? |
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x0rcist
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April 04, 2014, 01:06:55 PM |
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Intel Xeon E5-2670 (32core with 60gb mem)  |
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DStrange (OP)
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April 04, 2014, 01:32:37 PM |
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Intel Xeon E5-2670 (32core with 60gb mem) I wish I could have the same. All I have is 1.0-1.5 h/s |
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DStrange (OP)
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April 04, 2014, 03:38:24 PM |
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dboylc
Full Member
 Offline
Activity: 153
Merit: 100
mine for future~
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April 04, 2014, 03:38:53 PM |
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I love this geek coin~ also the midi music~
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thankful_for_today
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April 04, 2014, 03:51:16 PM |
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I love this geek coin~ also the midi music~
Looks like this is a most technically advanced coin. It's quite possible that it will repeat Bitcoin acceptance scenario with a long time being in the shadow mostly because it's difficult to understand technical issues. |
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thankful_for_today
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April 04, 2014, 05:29:45 PM |
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I've checked everything again ... and CryptoNote is a lot like Bitcoin but all the code looks to be designed from scratch and it seems that developers aren't very familiar with Bitcoin code itself. Three technical issues need to be explained very thoroughly for everybody to understand CryptoNote's innovations: 1. one-time signature (this is the way CryptoNote makes money destination hidden) 2. ring signature (this is the way CryptoNote makes money origin obscure) 3. CryptoNight hash algo (PoW) |
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x0rcist
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April 05, 2014, 10:48:20 AM
Last edit: April 05, 2014, 11:10:08 AM by x0rcist |
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Call me crazy but i'm starting to think bytecoin is a project of Cicada 3301
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Rias
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April 05, 2014, 11:58:58 AM |
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Call me crazy but i'm starting to think bytecoin is a project of Cicada 3301
Damn, well I guess I'm not the only one that was thinking along that same line. Because they're so anonymous, or any specific leads? |
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Patejl
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April 05, 2014, 12:47:23 PM |
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Damn, i need more CPUs. I must get 185 milions.  |
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Rias
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April 05, 2014, 01:48:30 PM |
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Call me crazy but i'm starting to think bytecoin is a project of Cicada 3301
Damn, well I guess I'm not the only one that was thinking along that same line. Because they're so anonymous, or any specific leads? Because of the ridiculously anonymous vibe for me. No specific leads I spent some time re-reading sites about Cicada's last puzzle. It doesn't look like their style to me. The similarity is anonymity and onion sites usage, that's kinda it. Cicada is more into puzzles, but there are none at Bytecoin. Yes, there is some pgp message in the bytecoin-cryptonote onion meta tags, but it seems that it is not decryptable. |
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thankful_for_today
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April 05, 2014, 04:46:06 PM
Last edit: April 05, 2014, 09:26:48 PM by thankful_for_today |
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Damn, i need more CPUs. I must get 185 milions. 185 millions are a kind of self-restraint. 200 millions are better. And only sky 2^64-1 is the limit. |
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lemier
Member
Offline
Activity: 68
Merit: 10
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April 05, 2014, 06:00:22 PM |
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I spent some time re-reading sites about Cicada's last puzzle. It doesn't look like their style to me.
The similarity is anonymity and onion sites usage, that's kinda it. Cicada is more into puzzles, but there are none at Bytecoin. Yes, there is some pgp message in the bytecoin-cryptonote onion meta tags, but it seems that it is not decryptable. Style may depend on the purpose, so they might adjust it. And by the way, Cicada in their riddles often use texts about human nature, modern society, etc. CryptoNote has also some blah-blah on that: https://cryptonote.org/inside.php |
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