Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come

[Videlicet]

Well.......looks like I am def gonna miss the launch, but wanted to wish you all well with it!

What day will you be able to make the launch?

No problem, many servers still wait to test for you.

I sent you a PM earlier today, check your inbox.

~Videlicet

[IMJim]

Well.......looks like I am def gonna miss the launch, but wanted to wish you all well with it!

What day will you be able to make the launch?

No problem, many servers still wait to test for you.

I sent you a PM earlier today, check your inbox.

~Videlicet

That's strange brother, definitely did not get a PM from you.......just double checked and nothing from you there. 

Will be leaving town tomorrow around noon pacific, back on Sunday....probably in the evening.

[Videlicet]

Well.......looks like I am def gonna miss the launch, but wanted to wish you all well with it!

What day will you be able to make the launch?

No problem, many servers still wait to test for you.

I sent you a PM earlier today, check your inbox.

~Videlicet

That's strange brother, definitely did not get a PM from you.......just double checked and nothing from you there. 

Will be leaving town tomorrow around noon pacific, back on Sunday....probably in the evening.

The PM was in response to Superxfast 

As for launch post Sunday, that's not a problem [wouldn't want you to miss out]. As I see it too, more testing = more stability

~Videlicet

[phzi]

Nice to see the development evolving.

Hopeful we see the miner and a testnet-only client a while before launch?

I just started a round of private testing, based on results I will release a testnet only client for everyone to hop on. After client is deemed stable, I will then release main net binaries with a time-lock for a set launch time. This will let everyone get setup before launch. Finally, I will release the source code at launch [I am keeping it private until launch to protect the time-lock].

As for the miner It is in process and yes will be released before launch. Bitslapper is handling the GPU kernal and making progress, which is greatly speeding up the process.

I'll keep everyone posted on future progress,

~Videlicet

If you pull this off, this will be the fairest coin launch since Litecoin.

[Videlicet]

Nice to see the development evolving.

Hopeful we see the miner and a testnet-only client a while before launch?

I just started a round of private testing, based on results I will release a testnet only client for everyone to hop on. After client is deemed stable, I will then release main net binaries with a time-lock for a set launch time. This will let everyone get setup before launch. Finally, I will release the source code at launch [I am keeping it private until launch to protect the time-lock].

As for the miner It is in process and yes will be released before launch. Bitslapper is handling the GPU kernal and making progress, which is greatly speeding up the process.

I'll keep everyone posted on future progress,

~Videlicet

If you pull this off, this will be the fairest coin launch since Litecoin.

It is only a matter of time, my friend.

~Videlicet

[SnjafSnjaf]

So, it is starting today?

[KryptoKash]

So, it is starting today?

We are currently testing. A new and final launch date will be announced in the next few days (pending test results). This is the plan for launch:

I just started a round of private testing, based on results I will release a testnet only client for everyone to hop on. After client is deemed stable, I will then release main net binaries with a time-lock for a set launch time. This will let everyone get setup before launch. Finally, I will release the source code at launch [I am keeping it private until launch to protect the time-lock].

As for the miner It is in process and yes will be released before launch. Bitslapper is handling the GPU kernal and making progress, which is greatly speeding up the process.

I'll keep everyone posted on future progress,

~Videlicet

 If you would like to help test Videlicet will be releasing a testnet only client tomorrow. Please check the thread regularly for the new launch date.

~KryptoKash

[merc84]

SK-1024 (New GPU Mining Algorithm)
Skein-1024 will be hashed to Keccak-1600 to produce an SK-1024 hash.


Prime Search (New CPU Mining Algorithm)
 This was created for the betterment of Mathematics and Number Theory. CPU miner will look for dense prime number clusters from a 1024 bit hash (~308 digits). This will help in the proving / disproving of The Twin Prime Conjecture, Polignac's Conjecture, and The Hardy-Littlewood Conjecture.

Sadly new algo usually mean poor stock miner for public and highly optimized private miners for dev's and anyone with deep enough pockets to buy optimized miners, which does not help distribution of coins at all. I'd like to be proved wrong...

[Sinohe88]

Sadly new algo usually mean poor stock miner for public and highly optimized private miners for dev's and anyone with deep enough pockets to buy optimized miners, which does not help distribution of coins at all. I'd like to be proved wrong...

as far as i know there is no gpu miner yet and they are working to make one
it's about the trust, you can trust the dev team and accept what they are telling/offering you or not
nobody can prove that you are wrong or right
it's your choice to make, do trust or don't

[merc84]

Sadly new algo usually mean poor stock miner for public and highly optimized private miners for dev's and anyone with deep enough pockets to buy optimized miners, which does not help distribution of coins at all. I'd like to be proved wrong...

as far as i know there is no gpu miner yet and they are working to make one
it's about the trust, you can trust the dev team and accept what they are telling/offering you or not
nobody can prove that you are wrong or right
it's your choice to make, do trust or don't

I should clarify by dev i do not implicitly mean coin dev, there are a number of devs who could easily optimize the public code upon release.

[djm34]

SK-1024 (New GPU Mining Algorithm)
Skein-1024 will be hashed to Keccak-1600 to produce an SK-1024 hash.


Prime Search (New CPU Mining Algorithm)
 This was created for the betterment of Mathematics and Number Theory. CPU miner will look for dense prime number clusters from a 1024 bit hash (~308 digits). This will help in the proving / disproving of The Twin Prime Conjecture, Polignac's Conjecture, and The Hardy-Littlewood Conjecture.

Sadly new algo usually mean poor stock miner for public and highly optimized private miners for dev's and anyone with deep enough pockets to buy optimized miners, which does not help distribution of coins at all. I'd like to be proved wrong...

I search an optimized miner for nvidia (I pay I decide what I want  ),
can you tell me where I can buy one ?  


However, I don't see the interest is releasing a coin which does both prime numbers (not quite cpu only, it is or will be gpu for 5-10% fee to claymore or anybody else) and a new algo for gpu...
This will be a problem as a few will rape the "cpu" channel with gpu's too and making a killing compared to anyone running on the "gpu" channel.

This clearly the part I don't understand in your plan. This primenumber things shouldn't even be here as the sk1024 is interesting enough by itself. For me, this just look like a back-door for making fast profit...





by the way when does it launch ?

[Sinohe88]

Sadly new algo usually mean poor stock miner for public and highly optimized private miners for dev's and anyone with deep enough pockets to buy optimized miners, which does not help distribution of coins at all. I'd like to be proved wrong...

as far as i know there is no gpu miner yet and they are working to make one
it's about the trust, you can trust the dev team and accept what they are telling/offering you or not
nobody can prove that you are wrong or right
it's your choice to make, do trust or don't

I should clarify by dev i do not implicitly mean coin dev, there are a number of devs who could easily optimize the public code upon release.

yes, agree, but it's for existing algorithm like scrypt, X11 ... etc, not this one

[cwrmyy888]

My friend ！I want to test ，how ?

[SRBOOTH]

I am interested in testing..........please pm or post.........thank you

[Videlicet]

edit: private testing is going well, proof of stake just kicked in, and everything is running smoothly. I am noticing the Coin Supply is deflated about 92% of target, this will be something I tend to on the next round of tests. [we want about 99.5% - 100.5 % ideally]. Current transaction confirmation time is ~ 3 minutes at a constant rate of 1 tx per second.

The prime number channel should be "very" difficult to port to a GPU currently [it is totally different than primecoin], but of course it can have the possibility of getting mined by GPU's. If this happens, there can always be modifications to the algorithms to continue to prevent such things. The same goes for SK-1024 and ASICS, the best defense against "hardware wars" is to change your software slightly every X period of time, and this will make any sort of specialized hardware useless.

Remember, there is always a crack, that's how the light gets in. Sometimes all we can do is make a crack very expensive.
~Videlicet

[Videlicet]

Started Round 2 of Private Testing...

Changes in Round 2 [DONE]:
+GPU/CPU miners fixed after conflict with POS blocks
+Updated Fractional Excess System to improve margin of error [was lingering around 10%]
+Updated Difficulty to reduce the Maximum % increase. This should help keep block times more consistent
+Updated Protocol Version, will reject Round 1 Test binaries.
+Added transaction emulator.exe in package to test a large transaction load on the network.

Changes in Qt [TODO LIST]:
+Noticed Qt doesn't react very well to high transaction load [it becomes very choppy]. Need to improve the multithreading capabilities, having GUI refreshed on its own thread.
+Transactions take a long time to send if there are many inputs [from a lot of fractional rewards], this needs to be optimized further to prevent GUI threadlock.

Currently Coin Supply is at 99.948199% [~0.051801 % margin of error]. This is a great improvement from testing Round 1.


edit: Here is some data from my supply utility for anyone interested
target supply after 182 minutes = 11470.817850
actual supply after 182 minutes = 11441
supply percentage 99.740055 %

target supply after 200 minutes = 12605.184394
actual supply after 200 minutes = 12566
supply percentage 99.689141 %

target supply after 213 minutes = 13424.436812
actual supply after 213 minutes = 13480
supply percentage 100.413896 %

target supply after 218 minutes = 13739.531148
actual supply after 218 minutes = 13784
supply percentage 100.323656 %

target supply after 246 minutes = 15504.031210
actual supply after 246 minutes = 15496
supply percentage 99.948199 %

target supply after 267 minutes = 16827.374834
actual supply after 267 minutes = 16764
supply percentage 99.623383 %

target supply after 270 minutes = 17016.421725
actual supply after 270 minutes = 17004
supply percentage 99.927002 %

target supply after 319 minutes = 20104.109798
actual supply after 319 minutes = 19980
supply percentage 99.382665 %

target supply after 332 minutes = 20923.267737
actual supply after 332 minutes = 20747
supply percentage 99.157552 %

target supply after 334 minutes = 21049.291119
actual supply after 334 minutes = 20910
supply percentage 99.338262 %


~Viz

[iwzsce]

ASIC resistant? lower power? Can anyone tell me?

[phzi]

ASIC resistant? lower power? Can anyone tell me?

There won't be ASICs available promptly, so I would call that ASIC resistant, sure.

Lower power is essentially a myth - only under-optimized GPU mining software uses less power (at least, to any noticeable margin).

[KryptoKash]

Reserve your username, Sign up now prelaunch: http://coinshieldtalk.org 

[gjhiggins]

Reserve your username, Sign up now prelaunch: http://coinshieldtalk.org 

http://coinshieldtalk.org/forum/coin-shield-talk/shitcoin-petitions/105-digitalcommerce

That's a brilliant start; cogent, articulate, with a wealth of supporting proof. It's exactly the kind of the persuasive and constructive discussion that you were so confidently expecting.


And the reality is exactly what I was expecting.

Sadly,

Graham