Thank you very much for the answers. I am familiar with nitrogenetics famous posts.
I will retry again when I have time. No real urgency there since I can use the wallet you built/distributed or since memory coin is something based on your second part answer is still a cpu reliant coin which right now with what I have to use would probably run in linux on cloud 'droplets' for max effect. I can understand that any gpu to mine this would need a lot of ram. As time goes on and ram is 'cheaper' to produce I think cards will come out that may have the ability to mine things that previously were only mined with a cpu like primecoin, riecoin and also memory coin and the others it is based on.
One advantage of an algorithm like this is that at least 'in theory' it can remain de centralized much longer as you look years into the future vs. something like sha 256 and now even scrypt 1024 or even the sha 3 candidate algorithms. (Of course I do admire the speed and lightweight nature of the blake 256 algorithm obviously from my signature) Still..... I think it unwise for anyone to be 'closed minded' regarding different algorithms and coin systems.
One thing I like about Memory Coin 2 that you can say about few networks. It is a 'real' coin with 'real' developers that regularly update the code on github and are obviously not just copying something else or pulling a short term run and gun.
There are probably over 1000 alt coins now, amazing to see how fast they all popped up.
More amazing still is many that get a lot of 'talk' and 'chatter' here in the forums and the press ect.... are really obvious ponzi schemes and (pardon my language) 'shit' coins.
I believe most of this 'hype' is created to an extent by 'marketing' and posting and bumping pages here in the forum and elsewhere to create a 'false' perception that many many people are on board with a coin. Then when a coin hits an exchange these 'developers' (most of who cannot write a line of code instead pay others to do it for them) open a few accounts on the exchange and buy their own coins back and forth to again..... create a 'fake' sense of 'value' ......
One thing I have realized after time is if you want to find a coin that is run 'honest' look for coins with 'real' developers that are not 'obviously' buying their own coins back from the market to pump and dump it off and walk away with a profit.
I think 98% of alt coins are created with the intention of the developers 'exchanging' the coin for btc.
This is one of the few that I personally feel stands away from that category. It may take some time but eventually all the bs is going to work itself out and the only things left standing will be true /real alt coins with developers actually interested in developing a coin (vs. exchanging for btc).....
Keep up the good work.....
2 little questions to devs,
certainly not urgent but when you have time if you don't mind,
1) To compile are you using cmake or qt or what exactly to make the windows binary wallets you are distributing ?
I only tried to compile it 2x quickly the other day and got some weird errors , was using qt 4.8.6 i believe , with boost 1_55_0 , open ssl1.0.1j and the most recent qr code libraries and miniiupnpc. I was tied up at the time and figured I would have another go at it again this week.
2) Has there been any additional releases of open sourced miners with more optimizations /open cl support ect.. in the past few months. While I did not see any on the thread I still felt it worth asking. Thanks guys.
Windows Binary Libraries are compiled under nitrogenetic's tutorial. If you need help with the compile, you can post here.
The most optimized miner is closed source, by yvg1900. (YAM)
The only GPU miners that have ever come out were only supported by specific pools. Those pools have discontinued accepting shares for Memorycoin. They were closed source and only supported a specific amount of Video Cards (over 2G VRAM).
