K1773R
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October 08, 2014, 04:01:32 PM Last edit: October 08, 2014, 04:12:11 PM by K1773R |
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AuxPOW + Myraid sounds super complicated - has Meeh confirmed that this is what the plan is? I agree that this is definitely a good thing for the coin, as long as Meeh feels confident that it can be implemented without issue. Most important is maybe a switch from kgw to some other retargeting algo (I assume there are retargeting algos that might fix this issue of large difficulty spikes from block to block). Maybe dark gravity well?
I say the same thing as the last time, before we switched to KGW. Ther eis no susch thing that protects from high hashrate spikes and never will be... Alright fair enough - I guess auxPOW is the best solution then. correct. even better if combined with myriad and alot of hashpower at each PoW.
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[GPG Public Key]BTC/DVC/TRC/FRC: 1 K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM A K1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: N K1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: L Ki773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: E K1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: b K1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
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Simcom
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October 08, 2014, 04:07:42 PM |
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Yes as even using a myriad the network difficulty is set from the chain with the highest difficulty. So to pick chains with the biggest and steadiest hashrate to auxPoW with is the best solution.
Just to clarify, each myriad chain has its own difficulty that floats independent of the other chains. ie there would be no one "network difficulty" but 5 different difficulties that are each floating independent of each other. Also I don't think saying that there are 5 chains is accurate per se - there is still only 1 blockchain just five different ways of adding a block to the chain.
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Simcom
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October 08, 2014, 04:16:47 PM |
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correct. even better if combined with myriad and alot of hashpower at each PoW.
I apologize I forgot that you are a dev. Have you all decided that Myraid + auxPoW is the direction anoncoin will take? And what is the timeline for implementation? Thanks
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varun555
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October 08, 2014, 04:22:07 PM |
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correct. even better if combined with myriad and alot of hashpower at each PoW.
I apologize I forgot that you are a dev. Have you all decided that Myraid + auxPoW is the direction anoncoin will take? And what is the timeline for implementation? Thanks Throw us some bones dev !!!!!!!!
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matthewh3
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October 08, 2014, 04:46:47 PM |
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Yes as even using a myriad the network difficulty is set from the chain with the highest difficulty. So to pick chains with the biggest and steadiest hashrate to auxPoW with is the best solution.
Just to clarify, each myriad chain has its own difficulty that floats independent of the other chains. ie there would be no one "network difficulty" but 5 different difficulties that are each floating independent of each other. Also I don't think saying that there are 5 chains is accurate per se - there is still only 1 blockchain just five different ways of adding a block to the chain. Yeah but what I meant is the difficulty for finding Anoncoin blocks will be set by the auxPoW chain with the relatively highest difficulty. Which will be applied across all Anoncoin auxPoW chains in effect. So if there's a very high auxPoW scrypt hashrate and a relatively much smaller auxPoW NeoScrypt hashrate then more blocks will be found on the 'bigger' Scrypt chain. Or at least that's as far as I understand Myriadcoin.
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Simcom
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October 08, 2014, 07:13:26 PM |
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Yes as even using a myriad the network difficulty is set from the chain with the highest difficulty. So to pick chains with the biggest and steadiest hashrate to auxPoW with is the best solution.
Just to clarify, each myriad chain has its own difficulty that floats independent of the other chains. ie there would be no one "network difficulty" but 5 different difficulties that are each floating independent of each other. Also I don't think saying that there are 5 chains is accurate per se - there is still only 1 blockchain just five different ways of adding a block to the chain. Yeah but what I meant is the difficulty for finding Anoncoin blocks will be set by the auxPoW chain with the relatively highest difficulty. Which will be applied across all Anoncoin auxPoW chains in effect. So if there's a very high auxPoW scrypt hashrate and a relatively much smaller auxPoW NeoScrypt hashrate then more blocks will be found on the 'bigger' Scrypt chain. Or at least that's as far as I understand Myriadcoin. I'm pretty sure that's not how it works. Lets say we chose to do 5 algo myriad with a network (total) block time of 1 minute. Each algo would find a block on average every 5 minutes, and the difficulty of each algo would adjust independently to maintain this 5 minute block time. In aggregate a block would be found across all algos once every 1 minute.
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GroundRod
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October 08, 2014, 08:57:50 PM |
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Yes as even using a myriad the network difficulty is set from the chain with the highest difficulty. So to pick chains with the biggest and steadiest hashrate to auxPoW with is the best solution.
Just to clarify, each myriad chain has its own difficulty that floats independent of the other chains. ie there would be no one "network difficulty" but 5 different difficulties that are each floating independent of each other. Also I don't think saying that there are 5 chains is accurate per se - there is still only 1 blockchain just five different ways of adding a block to the chain. Yeah but what I meant is the difficulty for finding Anoncoin blocks will be set by the auxPoW chain with the relatively highest difficulty. Which will be applied across all Anoncoin auxPoW chains in effect. So if there's a very high auxPoW scrypt hashrate and a relatively much smaller auxPoW NeoScrypt hashrate then more blocks will be found on the 'bigger' Scrypt chain. Or at least that's as far as I understand Myriadcoin. I'm pretty sure that's not how it works. Lets say we chose to do 5 algo myriad with a network (total) block time of 1 minute. Each algo would find a block on average every 5 minutes, and the difficulty of each algo would adjust independently to maintain this 5 minute block time. In aggregate a block would be found across all algos once every 1 minute. Hope this helps for those trying to wrap their mind around the concept... From http://myriadplatform.org/myriadcoin-mining/The most important concept to understand about Myriad mining is that each of its 5 algorithms will only find about 20% of all the Myriadcoins that will ever be created. In other words, all Myriadcoins get distributed equally among the 5 algorithms just like 5 fives sharing a pie by cutting it into 5 equal pieces. This means that no matter which algorithm you choose to mine Myriadcoins with you are only competing against the other miners using the same algorithm as you. For example.... In our case substitute 'Myriadcoins' in the above text with zAnc as you read it.... GR ETA: Simcom has it right. & sure would like to see it added to bitcoinwisdom as well.
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matthewh3
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October 08, 2014, 09:29:37 PM |
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Yes as even using a myriad the network difficulty is set from the chain with the highest difficulty. So to pick chains with the biggest and steadiest hashrate to auxPoW with is the best solution.
Just to clarify, each myriad chain has its own difficulty that floats independent of the other chains. ie there would be no one "network difficulty" but 5 different difficulties that are each floating independent of each other. Also I don't think saying that there are 5 chains is accurate per se - there is still only 1 blockchain just five different ways of adding a block to the chain. Yeah but what I meant is the difficulty for finding Anoncoin blocks will be set by the auxPoW chain with the relatively highest difficulty. Which will be applied across all Anoncoin auxPoW chains in effect. So if there's a very high auxPoW scrypt hashrate and a relatively much smaller auxPoW NeoScrypt hashrate then more blocks will be found on the 'bigger' Scrypt chain. Or at least that's as far as I understand Myriadcoin. I'm pretty sure that's not how it works. Lets say we chose to do 5 algo myriad with a network (total) block time of 1 minute. Each algo would find a block on average every 5 minutes, and the difficulty of each algo would adjust independently to maintain this 5 minute block time. In aggregate a block would be found across all algos once every 1 minute. Hope this helps for those trying to wrap their mind around the concept... From http://myriadplatform.org/myriadcoin-mining/The most important concept to understand about Myriad mining is that each of its 5 algorithms will only find about 20% of all the Myriadcoins that will ever be created. In other words, all Myriadcoins get distributed equally among the 5 algorithms just like 5 fives sharing a pie by cutting it into 5 equal pieces. This means that no matter which algorithm you choose to mine Myriadcoins with you are only competing against the other miners using the same algorithm as you. For example.... In our case substitute 'Myriadcoins' in the above text with zAnc as you read it.... GR ETA: Simcom has it right. & sure would like to see it added to bitcoinwisdom as well. Thanks for that link and quote.
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CryptoClub
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cryptocollectorsclub.com
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October 08, 2014, 11:19:03 PM |
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Quite happy I have been mining and buying ANC, guess it can't stay under the radar forever though.
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Simcom
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October 08, 2014, 11:50:39 PM |
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Quite happy I have been mining and buying ANC, guess it can't stay under the radar forever though.
If Gnosis can deliver (fingers crossed), I'd expect a market cap in line with XMR/DRK, maybe higher. That means we still have 400-1100% or larger increase still ahead of us.
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solid12345
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October 09, 2014, 12:48:04 AM |
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Quite happy I have been mining and buying ANC, guess it can't stay under the radar forever though.
If Gnosis can deliver (fingers crossed), I'd expect a market cap in line with XMR/DRK, maybe higher. That means we still have 400-1100% or larger increase still ahead of us. I'll call it now, if Gnosis can truly deliver Zerocoin I think we will see a Dark style bull run like last May, minimum 20 dollars a coin. As BTC is going more mainstream too all the more reason for a truly anonymous coin to be the alternative to the establishment and retain Satoshi's vision of a people's currency.
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AnonCoinTwitter
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October 09, 2014, 01:34:12 AM |
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UPDATE! Bittrex responded via direct message (below). It sounds like they are willing to add us but are asking for a "premium traded altcoin" fee. Is this something the community is interested in? Bittrex Jul 19 Would you be interested in becoming a premium traded altcoin on our exchange? Anoncoin 18h We absolutely would love to be added to your exchange! What does "premium traded" mean? Thank you! Anoncoin 18h We believe trading volume will rise with Zerocoin implementation getting closer and the increased visibility Bitrrex will provide. Bittrex 9h A BTC market will cost .8 BTC, and a BTC and LTC market will cost 1 BTC. Which plan do you want? Anoncoin 12s I was not aware there was a fee associated with a listing. Let me check with the community and get back to you soon. Thanks! Direct message text Yeah.. BITTREX is FULL SPONSORED ABOUT ANY COIN SCAMS TOO. That's why the scams coin can enter it without think twice. It's different from mintpal and poloniex, both of them.. really support about community. Not greedy about fees transaction. Of course I rejected their paid/listing offer. I am bumping this Twitter conversation because I think it is likely that Bittrex will add us soon for free (because of our steady and increasing volume on Cryptsy). Just like I forcasted, volume has gone up and up as Zerocoin implementation nears. I think we should remain loyal to the exchanges who do not charge "premium traded altcoin" fees. Coins like ours thrive based on true innovation not paid listings, slick marketing and vaporware.
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klopper
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October 09, 2014, 04:22:43 AM |
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UPDATE! Bittrex responded via direct message (below). It sounds like they are willing to add us but are asking for a "premium traded altcoin" fee. Is this something the community is interested in? Bittrex Jul 19 Would you be interested in becoming a premium traded altcoin on our exchange? Anoncoin 18h We absolutely would love to be added to your exchange! What does "premium traded" mean? Thank you! Anoncoin 18h We believe trading volume will rise with Zerocoin implementation getting closer and the increased visibility Bitrrex will provide. Bittrex 9h A BTC market will cost .8 BTC, and a BTC and LTC market will cost 1 BTC. Which plan do you want? Anoncoin 12s I was not aware there was a fee associated with a listing. Let me check with the community and get back to you soon. Thanks! Direct message text Yeah.. BITTREX is FULL SPONSORED ABOUT ANY COIN SCAMS TOO. That's why the scams coin can enter it without think twice. It's different from mintpal and poloniex, both of them.. really support about community. Not greedy about fees transaction. Of course I rejected their paid/listing offer. I am bumping this Twitter conversation because I think it is likely that Bittrex will add us soon for free (because of our steady and increasing volume on Cryptsy). Just like I forcasted, volume has gone up and up as Zerocoin implementation nears. I think we should remain loyal to the exchanges who do not charge "premium traded altcoin" fees. Coins like ours thrive based on true innovation not paid listings, slick marketing and vaporware. What about poloniex? There are more quality coins there, and busoni is more interested in tech than money. Anc should be traded there.
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AnonCoinTwitter
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October 09, 2014, 04:39:16 AM |
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UPDATE! Bittrex responded via direct message (below). It sounds like they are willing to add us but are asking for a "premium traded altcoin" fee. Is this something the community is interested in? Bittrex Jul 19 Would you be interested in becoming a premium traded altcoin on our exchange? Anoncoin 18h We absolutely would love to be added to your exchange! What does "premium traded" mean? Thank you! Anoncoin 18h We believe trading volume will rise with Zerocoin implementation getting closer and the increased visibility Bitrrex will provide. Bittrex 9h A BTC market will cost .8 BTC, and a BTC and LTC market will cost 1 BTC. Which plan do you want? Anoncoin 12s I was not aware there was a fee associated with a listing. Let me check with the community and get back to you soon. Thanks! Direct message text Yeah.. BITTREX is FULL SPONSORED ABOUT ANY COIN SCAMS TOO. That's why the scams coin can enter it without think twice. It's different from mintpal and poloniex, both of them.. really support about community. Not greedy about fees transaction. Of course I rejected their paid/listing offer. I am bumping this Twitter conversation because I think it is likely that Bittrex will add us soon for free (because of our steady and increasing volume on Cryptsy). Just like I forcasted, volume has gone up and up as Zerocoin implementation nears. I think we should remain loyal to the exchanges who do not charge "premium traded altcoin" fees. Coins like ours thrive based on true innovation not paid listings, slick marketing and vaporware. What about poloniex? There are more quality coins there, and busoni is more interested in tech than money. Anc should be traded there. I agree. I am Tweeting @poloniex and @moolah/mintpal as well. Hopefully they add us soon
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AnonCoinTwitter
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October 09, 2014, 05:24:35 AM |
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Less than one week until Zerocoin beta. Who else is excited?
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stslimited
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October 09, 2014, 05:36:52 AM |
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is difficulty really skyrocketing like this?
current difficulty 3870, last block generated 3 hours ago?
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anonymousxx1503
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October 09, 2014, 05:38:24 AM |
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UPDATE! Bittrex responded via direct message (below). It sounds like they are willing to add us but are asking for a "premium traded altcoin" fee. Is this something the community is interested in? Bittrex Jul 19 Would you be interested in becoming a premium traded altcoin on our exchange? Anoncoin 18h We absolutely would love to be added to your exchange! What does "premium traded" mean? Thank you! Anoncoin 18h We believe trading volume will rise with Zerocoin implementation getting closer and the increased visibility Bitrrex will provide. Bittrex 9h A BTC market will cost .8 BTC, and a BTC and LTC market will cost 1 BTC. Which plan do you want? Anoncoin 12s I was not aware there was a fee associated with a listing. Let me check with the community and get back to you soon. Thanks! Direct message text Yeah.. BITTREX is FULL SPONSORED ABOUT ANY COIN SCAMS TOO. That's why the scams coin can enter it without think twice. It's different from mintpal and poloniex, both of them.. really support about community. Not greedy about fees transaction. Of course I rejected their paid/listing offer. I am bumping this Twitter conversation because I think it is likely that Bittrex will add us soon for free (because of our steady and increasing volume on Cryptsy). Just like I forcasted, volume has gone up and up as Zerocoin implementation nears. I think we should remain loyal to the exchanges who do not charge "premium traded altcoin" fees. Coins like ours thrive based on true innovation not paid listings, slick marketing and vaporware. What about poloniex? There are more quality coins there, and busoni is more interested in tech than money. Anc should be traded there. Bittrex NEVER asks for payment for adding a coin, that's a scam account you're dealing with there, guaranteed. I've talked to the guys at bittrex (the real guys), and informed them of the upcoming zerocoin implementation, established coins are harder for to add since you have to steal the volume from cryptsy for example. You need the community to push for it and contribute to exchange volume to get it done.
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I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying: "DarkCoin is digital cash." - Child Harold - February 28, 2014 https://asktom.cf/index.php?topic=421615.msg5424980#msg5424980
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