[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[coinits]

Has anyone ever been able to get a GTX 750 TI to plot? If so. Please tell me how.

Thanks

Sorry. can't find them now, but my posts of those cards is somewhere in https://burstforum.com/index.php?threads/gpu-plot-generator.45/page-17. If I use three cards on one rig, I get quite decent speed.

I have 4 on one rig. I will look. Thanks.

[crazyearner]

Any Burst devs software devs, pool owners can you guys take a look into this for API intergration looks a cool tool maybe to have working for the pools.

https://bitcointalk.org/index.php?topic=569924.msg10693862#msg10693862

Any chance to support Burstcoin on this with Proof Of capacity with Hard drive mining ?

Thanks for the request. I just reached out to burstcoin.eu in regards to an API that cryptoglance can use. I'll let you know what the response is from those developers.

does look nice and would be a good addition to the coin and pools would make monitoring miners a lot better.

[mmmaybe]

We now have our mainsite burstcoin.info, but with the help of boba we are now also featured on German: burstcoin.de.

We think this will be a step to spread the word of BURST to a wider audience. The sites should be hosted on independent vpser, amd offer a good translation of the content of burstcoin.info (NO GOOGLE!!)

For each of the translations I off 25,000 BURST.

Anyone want to add to the price pool is free to do so, to increase the incitements to actual do the more. If we got this 100,000 BURST, I believe the work to done soon. Updates will be presented in this post. If you want to contstribute and to what PM me.

The language translation we are especially interested be:

- Chines          25,000
- Japan           25,000
- India            25,000
- Italian          25,000
- Spain           25,000  
- Portuguese   25,000
- France         25,000
- Polish          25,000

Help will installation can be requested. Help with domain buys and vps rent can be requested.



So how important do you think these marked could be for BURST? Please donate some coins and let the development/translation begin:D

[tokeweed]

A friend of mine mentioned that Vitalik Buterin of Ethereum said that POC has a flaw and that someone can attack the network and cause a double spend.  He said it was posted on Reddit.  But I can't find it anywhere.  Is this true?  If so can someone post the link?  ty

[haitch]

A friend of mine mentioned that Vitalik Buterin of Ethereum said that POC has a flaw and that someone can attack the network and cause a double spend.  He said it was posted on Reddit.  But I can't find it anywhere.  Is this true?  If so can someone post the link?  ty

If such a flaw existed the price/value of Burst would have collapsed. As it has not, I doubt the flaw exists, but feel free to get your friend to post the proof of attack here.

[tokeweed]

A friend of mine mentioned that Vitalik Buterin of Ethereum said that POC has a flaw and that someone can attack the network and cause a double spend.  He said it was posted on Reddit.  But I can't find it anywhere.  Is this true?  If so can someone post the link?  ty

If such a flaw existed the price/value of Burst would have collapsed. As it has not, I doubt the flaw exists, but feel free to get your friend to post the proof of attack here.

He told me he read a post on Reddit.  I really didn't pay that much attention to it.  I remembered it again when I bought some Burst a few days ago.  I was looking for the post but couldn't find it.  So I'm asking maybe someone here knows...?

[FakeAccount]

A friend of mine mentioned that Vitalik Buterin of Ethereum said that POC has a flaw and that someone can attack the network and cause a double spend.  He said it was posted on Reddit.  But I can't find it anywhere.  Is this true?  If so can someone post the link?  ty

Vitalik posted here:
https://www.cryptocoinsnews.com/cryptocurrency-burst-makes-smart-contracts-reality-happened-ethereum/

not sure where reddit comments are I'd be interested in reading them.

I posted couple times about this (or similar concern) a while back here:
https://bitcointalk.org/index.php?topic=731923.msg10294205#msg10294205
and here:
https://bitcointalk.org/index.php?topic=731923.msg10295020#msg10295020 However, this comment of mine, was to a post that someone has now deleted...

I could never get to the bottom of understanding Vitalik's claims, anyone want to clarify it please?

[bobafett]

competition is good for business and risk diversification is highly recommend

-[ANNOUNCEMENT]- First Burstcoin.de Asset
New Asset with 2% Intrest a Month / 24% a Intrest a Year / Highly Secure

Asset Name – BdeBank
Total number available – 500.000
Price –  50 Burst
Asset Number (ID)– 4053085726300717216
First payout is the first of April!

2% intrest montly! This asset pays out 2% intrest monthly.  One B.deBank  Asset = 50 Burst. 2% of 50 Burst = 1 Burst / month payout.

URL: http://www.burstcoin.de/assets/asset_b.debank.pdf

Guaranteed monthly payout! Every first day of the month i will payout all intrest of the assets. Regardless how long you are owner oft them. Also if you bought the assets one day before the first.

Save Investment! The intrests are covered and backed by my mining system. If all shares are sold, i have to pay 500.000 Burst  intrest a month. My Miners make average 25.000 Burst per day, whats in a month 750.000 Burst. So the payment of intrest is secured forever. Also i am actually bring up more miners, also, look above, this is covert with my burst account with 8.4 Million Burstcoins atm.

Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month.  Buywall will be created instantly after the first sales and adapted every first day of the month.

Burstcoin.de is the name oft the german website of burst , with mining guides, best practises, how tos, a manual for beginners, example hardwares from my miners, scripts for tracking the mining tasks, news over burst, etc. and information for the german community is actually daily added.

Bobafett is my username in Bitcointalk.org and burstforum.com.  I´m mining and investing in Burst qfilsince the beginning. I invested over 8500 Euros since now in Burst (bought with btc) and mining hardware. Until now i never sold any of my coins because i really belive this coin has a bright future.

Bobafett is the owner oft the account BURST-AJ63-3W8L-FGBT-2ALZE and now holding over 8.4 Million Burst and is now Top 11 of all Burst holders .

Bobafett is  mining with over 120TB every day and my next miner is acutally plotting. My daily minded income of burst are between 20.000 and 30.000 Burst.

Thanks for your trust. Buy Back Order for the sold shares was just created!

[bensam1231]

So going back to the 'Blago stealing deadlines thing', I'm still mining solo and this week I made 1/2 of what I was supposed to. I don't think it's just luck, if it's luck it would've balanced out over the last two to three weeks, but it hasn't. Although I kinda doubt Blago is stealing deadlines, but there is definitely something influencing my ability to find blocks. Does anyone have any idea what would influence solo mining income besides simply having a small plot relative to the rest of the network? I have mined on pools and I seem to find quite a few more blocks doing it (like the normal amount I should).

[tokeweed]

A friend of mine mentioned that Vitalik Buterin of Ethereum said that POC has a flaw and that someone can attack the network and cause a double spend.  He said it was posted on Reddit.  But I can't find it anywhere.  Is this true?  If so can someone post the link?  ty

Vitalik posted here:
https://www.cryptocoinsnews.com/cryptocurrency-burst-makes-smart-contracts-reality-happened-ethereum/

not sure where reddit comments are I'd be interested in reading them.

I posted couple times about this (or similar concern) a while back here:
https://bitcointalk.org/index.php?topic=731923.msg10294205#msg10294205
and here:
https://bitcointalk.org/index.php?topic=731923.msg10295020#msg10295020 However, this comment of mine, was to a post that someone has now deleted...

I could never get to the bottom of understanding Vitalik's claims, anyone want to clarify it please?

Thanks.  Here's V. Buterin's post from the link and is copy pasted by him from Reddit.

> Okay, I thought about POC for 15 minutes, and...
>
> wow, congrats, these guys have managed to create an algorithm which
simultaneously has a nothing at stake vulnerability AND is economically
inefficient.
> The problem is this. It seems as though the intent of the algorithm
is for the bulk of the cost to be storing the hard drive, and for the
hard drive to be able to "idle" after it scanned through the entire
plot. However, this means that once the plots are built, there is very
little cost to redoing the scan multiple times on multiple forks. Hence,
if an attacker could either (i) convince miners that its fork had a
>0.1%* chance of succeeding or (ii) bribe miners 0.001x the block
reward, miners all have the incentive to double-vote.
> * In order for the algo to be storage-bound and for a shortcut attack
involving recomputing everything not to exist, we need reading from the
hard drive to take less time than recomputing the data. But then we
want a 1000x safety margin if we want that condition to hold true
against potential ASIC implementations, hence reads need to be 1000x
cheaper than the plot computation step. Hence, reading more than one
time would have a marginal incremental cost of only 0.1%.

Yeah, I am in the same boat as FakeAccount.  Can someone explain what Vitalik Buterin was talking about?

[dcct]

However, this means that once the plots are built, there is very little cost to redoing the scan multiple times on multiple forks.

Unless that attacker is able to extend a fork further than the main
blockchain, this fork simply won´t be accepted by its peers.

I once calculated the probability of this. Its very very low unless the attacker owns a large percentage of the network plots, and even then it only allows to mine a few additional blocks.

Hence, if an attacker could either (i) convince miners that its fork had a
>0.1%* chance of succeeding or (ii) bribe miners 0.001x the block
reward, miners all have the incentive to double-vote.

(i) This fork won´t get accepted by other nodes in the first place. The attacker would have to convince miners to actively mine those forks - with a modified miner for example.
(ii) Plots used for double-voting were already used for regular mining. Therefore the attacker´s forks can´t start with the best deadline - which is already used on the main blockchain - making it unlikely to get accepted, even with lots of miners involved.

Even if these succeed, it will only replace a few blocks at most, still leaving the network intact.

> * In order for the algo to be storage-bound and for a shortcut attack
involving recomputing everything not to exist, we need reading from the
hard drive to take less time than recomputing the data. But then we
want a 1000x safety margin if we want that condition to hold true
against potential ASIC implementations, hence reads need to be 1000x
cheaper than the plot computation step. Hence, reading more than one
time would have a marginal incremental cost of only 0.1%.

Reading time is irrelevant here, disk space is the limiting factor for almost everyone.

[yellowduck2]

looking at the trend of new version release, it's about time we have a new version. Any idea what's the next exciting feature after AT ?

[coinits]

A friend of mine mentioned that Vitalik Buterin of Ethereum said that POC has a flaw and that someone can attack the network and cause a double spend.  He said it was posted on Reddit.  But I can't find it anywhere.  Is this true?  If so can someone post the link?  ty

I read what he posted on https://www.cryptocoinsnews.com/cryptocurrency-burst-makes-smart-contracts-reality-happened-ethereum/ and normally I would say FUD but you have to look at who it is and think not but then again the article pokes butthurt at his invention so....

It would be nice for the BURST Dev to comment on this for the record.

Vitalik Buterin zash • a month ago

I'll copy my post from Reddit:

> Okay, I thought about POC for 15 minutes, and...
>
> wow, congrats, these guys have managed to create an algorithm which
simultaneously has a nothing at stake vulnerability AND is economically
inefficient.
> The problem is this. It seems as though the intent of the algorithm
is for the bulk of the cost to be storing the hard drive, and for the
hard drive to be able to "idle" after it scanned through the entire
plot. However, this means that once the plots are built, there is very
little cost to redoing the scan multiple times on multiple forks. Hence,
if an attacker could either (i) convince miners that its fork had a
>0.1%* chance of succeeding or (ii) bribe miners 0.001x the block
reward, miners all have the incentive to double-vote.
> * In order for the algo to be storage-bound and for a shortcut attack
involving recomputing everything not to exist, we need reading from the
hard drive to take less time than recomputing the data. But then we
want a 1000x safety margin if we want that condition to hold true
against potential ASIC implementations, hence reads need to be 1000x
cheaper than the plot computation step. Hence, reading more than one
time would have a marginal incremental cost of only 0.1%.

Things are this are why we didn't launch in Jan 2014

[duncan_idaho]

We now have our mainsite burstcoin.info, but with the help of boba we are now also featured on German: burstcoin.de.

We think this will be a step to spread the word of BURST to a wider audience. The sites should be hosted on independent vpser, amd offer a good translation of the content of burstcoin.info (NO GOOGLE!!)

For each of the translations I off 25,000 BURST.

Anyone want to add to the price pool is free to do so, to increase the incitements to actual do the more. If we got this 100,000 BURST, I believe the work to done soon. Updates will be presented in this post. If you want to contstribute and to what PM me.

The language translation we are especially interested be:

- Chines          25,000
- India            25,000
- Italian          25,000
- Spain           25,000  
- Portuguese   25,000
- France         25,000
- Polish          25,000

Help will installation can be requested. Help with domain buys and vps rent can be requested.



So how important do you think these marked could be for BURST? Please donate some coins and let the development/translation begin:D

Reserve polish translation to me. I will start tommorow. Do you need only translation or complete copy of translated website?

[Yanakitu Tenatako]

So going back to the 'Blago stealing deadlines thing', I'm still mining solo and this week I made 1/2 of what I was supposed to. I don't think it's just luck, if it's luck it would've balanced out over the last two to three weeks, but it hasn't. Although I kinda doubt Blago is stealing deadlines, but there is definitely something influencing my ability to find blocks. Does anyone have any idea what would influence solo mining income besides simply having a small plot relative to the rest of the network? I have mined on pools and I seem to find quite a few more blocks doing it (like the normal amount I should).

Bensam1231, I am not suggesting anything, but looks like we have bad luck that matches. When you write about it, I am experiencing also.
Please take a look: http://burstcoin.eu/address/chart/forged-blocks/3000267896029333778

I don't know what it is, but it is strange. BTW I am not using Blago miner.

[Yanakitu Tenatako]

Burstcoin savings and trust, investments and suggestions:

I am willing to invest up to 3.500.000 burst coins in bank or best option.
PM me.

[mczarnek]

Thanks.  Here's V. Buterin's post from the link and is copy pasted by him from Reddit.

> Okay, I thought about POC for 15 minutes, and...
>
> wow, congrats, these guys have managed to create an algorithm which
simultaneously has a nothing at stake vulnerability AND is economically
inefficient.

> The problem is this. It seems as though the intent of the algorithm
is for the bulk of the cost to be storing the hard drive, and for the
hard drive to be able to "idle" after it scanned through the entire
plot. However, this means that once the plots are built, there is very
little cost to redoing the scan multiple times on multiple forks. Hence,
if an attacker could either (i) convince miners that its fork had a
>0.1%* chance of succeeding or (ii) bribe miners 0.001x the block
reward, miners all have the incentive to double-vote.
> * In order for the algo to be storage-bound and for a shortcut attack
involving recomputing everything not to exist, we need reading from the
hard drive to take less time than recomputing the data. But then we
want a 1000x safety margin if we want that condition to hold true
against potential ASIC implementations, hence reads need to be 1000x
cheaper than the plot computation step. Hence, reading more than one
time would have a marginal incremental cost of only 0.1%.

Yeah, I am in the same boat as FakeAccount.  Can someone explain what Vitalik Buterin was talking about?

So Burst does have a nothing at stake vulnerability in it's original form.. just like Proof of Stake does.  The issue is that it is in every individuals 'best interest' to mine along forks of the chain and if more than 50% of the network starts selfishly mining along these chains, then they could end up 51% attacking the network.  This is not currently the case but eventually in the far future there will likely be miners who will use special clients that can perform this attack.. but requires 50+% of the network to perform this attack.. and there are about three different ideas in mind for dealing with this that I've discussed with burstdev.  Keep in mind that if 50% of the network were mining with this client.. you would've had to have heard about this client and it would be possible to prove due to longer and longer forks showing up in the chain as more people join.  If that happened we'd hurry to implement protection.

Regarding the economic inefficiency, what he is trying to say is that the miners will always put enough equipment onto the network so that the amount of energy being consumed by their machines is equal to the amount of money being rewarded to the miners since that is the cost they pay..  this does not take into account the fact there is an initial cost that must be amortized over the lifetime of the device.  Or the fact that every day users can mine from their own computers, without requiring ASICs.  By itself this means that means essentially free energy to mine since many of the people mining will be mining using their PCs during periods of time when their PCs happen to be on anyway.

He didn't fully think through the implications and was using some incorrect assumptions for the economic inefficiency point of view.. also Burst had just suddenly become Ethereum's biggest competition.. beating them to implementing what they were famous for and he had to prove that there was something wrong with Burst.  Can you imagine the press release we could have put out if he said "Wow, that's a great idea.".. and we had beat them to Automated Transactions?  Suddenly the past year or so of work he put in would have been worth a whole lot less.

[bensam1231]

So going back to the 'Blago stealing deadlines thing', I'm still mining solo and this week I made 1/2 of what I was supposed to. I don't think it's just luck, if it's luck it would've balanced out over the last two to three weeks, but it hasn't. Although I kinda doubt Blago is stealing deadlines, but there is definitely something influencing my ability to find blocks. Does anyone have any idea what would influence solo mining income besides simply having a small plot relative to the rest of the network? I have mined on pools and I seem to find quite a few more blocks doing it (like the normal amount I should).

Bensam1231, I am not suggesting anything, but looks like we have bad luck that matches. When you write about it, I am experiencing also.
Please take a look: http://burstcoin.eu/address/chart/forged-blocks/3000267896029333778

I don't know what it is, but it is strange. BTW I am not using Blago miner.

Interesting, it would be nice if winning deadlines were displayed in the wallet or the block explorer so you can manually verify a lost block to know if everything is working as per usual. I still make about 50-70% of what the calculator states.

Good that you ruled out the miner as well.

[luxe]

...
I still make about 50-70% of what the calculator states.
...

- Can you always read/check 100% of all your plots even for fast blocks?!
- Can you look in the future to know difficulty of future blocks?!

If your answer is two times NO ... how could a calculator be exact?!

PS: You schould be able to proof it, before you call someone a thief!

[Irontiga]

Hey guys, been on this for a while, and now it's ready for realease with ByteEnt!!!

It's a blockexplorer, not on the fastest hosting atm, so not at 100% speed(but still quick). It's main features are:

- Asset explorer (even has candle stick charts)
- Currency change // Change the currency you see prices in(as well as burst of course).
- Accounts page messages and asset transactions listed clearly
- Search for accounts based on a part of their RS ID or part/all of thier account's name.
- API // Not much here yet....just these 2 calls:

....

oops, forgot the link :/

HTTPS://BLOCK.BUSTCOIN.INFO