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Topic: [ANN] [CTD] [SHA-3] CateDoge!Time warp patched! v1.3, Rapid transactions - page 29. (Read 41338 times)

full member
Activity: 126
Merit: 100
Wow this is what currency ah
full member
Activity: 154
Merit: 100
Erm, not that something is particularly wrong with SHA3, but it is definitively not ASIC-Resistant...
One of the important requirements for all SHA3 candidates was that they could be implemented by ASICs

Hi, I am aware of that and was updated by a friend already! I still think that by ASIC Resistant just means to prevent people from using ASIC as a better tool to mine. i.e ASIC of bitcoin are way cheaper than litecoin (as of now). ASICs of SHA3 are just not developed so much to be 10x of current GPUs.

Correct me if i am wrong. Thank you!

Even by that definition you're wrong about SHA3. Scrypt was a particularly more complicated algo to develop ASICs for.
SHA3 on the other hand, should coins using it become popular, will see giant speedups on ASICs and will be developed cheaply.
SHA3 is very similar to Bitcoin's SHA256 in that regard.

I guess I was told other way. That there are currently no ASICs for SHA3. And it would take time to develop one. But since I have already decided the algo. We should just go with it. But do you think one can alter a sha256 ASIC to work for SHA3? And its correct that SHA3 puts less stress on gpus compared to scrypt which seemingly has more complex hashing functions?

I'm not saying you shouldn't use SHA3. I'm just saying you shouldn't call it "ASIC-Resistant", it comes off rather silly as it's not.
sr. member
Activity: 308
Merit: 250
Erm, not that something is particularly wrong with SHA3, but it is definitively not ASIC-Resistant...
One of the important requirements for all SHA3 candidates was that they could be implemented by ASICs

Hi, I am aware of that and was updated by a friend already! I still think that by ASIC Resistant just means to prevent people from using ASIC as a better tool to mine. i.e ASIC of bitcoin are way cheaper than litecoin (as of now). ASICs of SHA3 are just not developed so much to be 10x of current GPUs.

Correct me if i am wrong. Thank you!

Even by that definition you're wrong about SHA3. Scrypt was a particularly more complicated algo to develop ASICs for.
SHA3 on the other hand, should coins using it become popular, will see giant speedups on ASICs and will be developed cheaply.
SHA3 is very similar to Bitcoin's SHA256 in that regard.

I guess I was told other way. That there are currently no ASICs for SHA3. And it would take time to develop one. But since I have already decided the algo. We should just go with it. But do you think one can alter a sha256 ASIC to work for SHA3? And its correct that SHA3 puts less stress on gpus compared to scrypt which seemingly has more complex hashing functions?
full member
Activity: 154
Merit: 100
Erm, not that something is particularly wrong with SHA3, but it is definitively not ASIC-Resistant...
One of the important requirements for all SHA3 candidates was that they could be implemented by ASICs

Hi, I am aware of that and was updated by a friend already! I still think that by ASIC Resistant just means to prevent people from using ASIC as a better tool to mine. i.e ASIC of bitcoin are way cheaper than litecoin (as of now). ASICs of SHA3 are just not developed so much to be 10x of current GPUs.

Correct me if i am wrong. Thank you!

Even by that definition you're wrong about SHA3. Scrypt was a particularly more complicated algo to develop ASICs for.
SHA3 on the other hand, should coins using it become popular, will see giant speedups on ASICs and will be developed cheaply.
SHA3 is very similar to Bitcoin's SHA256 in that regard.
sr. member
Activity: 308
Merit: 250
Erm, not that something is particularly wrong with SHA3, but it is definitively not ASIC-Resistant...
One of the important requirements for all SHA3 candidates was that they could be implemented by ASICs

Hi, I am aware of that and was updated by a friend already! I still think that by ASIC Resistant just means to prevent people from using ASIC as a better tool to mine. i.e ASIC of bitcoin are way cheaper than litecoin (as of now). ASICs of SHA3 are just not developed so much to be 10x of current GPUs.

Correct me if i am wrong. Thank you!
full member
Activity: 154
Merit: 100
Erm, not that something is particularly wrong with SHA3, but it is definitively not ASIC-Resistant...
One of the important requirements for all SHA3 candidates was that they could be implemented by ASICs
sr. member
Activity: 308
Merit: 250
http://coinok.pw can offer:

-faucet
-paper wallet
-explorer
-scratch game
-twitter promotion

please let us know if interested and reserve bounties. thanks!

Updated the first thread with your claimed bounties! Please contact me before the coin launch to get everything ready in a time frame!
legendary
Activity: 1358
Merit: 1093
http://coinok.pw can offer:

-faucet
-paper wallet
-explorer
-scratch game
-twitter promotion

please let us know if interested and reserve bounties. thanks!
sr. member
Activity: 308
Merit: 250
updated first thread for bounties and other details! Get ready for the 5th!
sr. member
Activity: 308
Merit: 250
1st bounty is taken! 2 pool bounties still available!
sr. member
Activity: 308
Merit: 250
Update: Everyone! Get ready for 5 April 3PM Eastern Time launch. Sha3 has been decided to communicate and transact wows and meows. It has been noted to be ASIC resistant (as of yet). I believe there is currently no ASICs for SHA3. It can be mined with GPUs and CPUs. Download the miners from first thread.
hero member
Activity: 654
Merit: 500
sr. member
Activity: 294
Merit: 250
No scrypt. This shit is damn bored already.

I am up for ideas. Tell me what algo would be interesting?

I prefer new algo, but if you can't then something like Groestl or etc.
Scrypt is killing alt. coins
SHA and ASICs too.

Sha3? CPU?

SHA3 Cool

SHA3 is considered and looks good to me. Looks like we have a winner  Cheesy

+1 for sha3
sr. member
Activity: 308
Merit: 250
No scrypt. This shit is damn bored already.

I am up for ideas. Tell me what algo would be interesting?

I prefer new algo, but if you can't then something like Groestl or etc.
Scrypt is killing alt. coins
SHA and ASICs too.

Sha3? CPU?

SHA3 Cool

SHA3 is considered and looks good to me. Looks like we have a winner  Cheesy
member
Activity: 84
Merit: 10
No scrypt. This shit is damn bored already.

I am up for ideas. Tell me what algo would be interesting?

I prefer new algo, but if you can't then something like Groestl or etc.
Scrypt is killing alt. coins
SHA and ASICs too.

Sha3? CPU?

SHA3 Cool
sr. member
Activity: 308
Merit: 250
Guys, I have been thinking about this. Talked to few friends as well. I am thinking scrypt proof of work for a month then completely proof of stake. That way we can save more electricity than x11. And its secure to 51% attacks as well. What do y'all think?  Cool

Do something already coz delay kills interest.
And do your best without "relaunch" shit that's very annoying.

soon.
newbie
Activity: 31
Merit: 0
It will be well distributed! Its a fun coin and of course fun for everyone!
hero member
Activity: 574
Merit: 500
Guys, I have been thinking about this. Talked to few friends as well. I am thinking scrypt proof of work for a month then completely proof of stake. That way we can save more electricity than x11. And its secure to 51% attacks as well. What do y'all think?  Cool

Do something already coz delay kills interest.
And do your best without "relaunch" shit that's very annoying.
sr. member
Activity: 308
Merit: 250
Guys, I have been thinking about this. Talked to few friends as well. I am thinking scrypt proof of work for a month then completely proof of stake. That way we can save more electricity than x11. And its secure to 51% attacks as well. What do y'all think?  Cool
newbie
Activity: 26
Merit: 0
This coin, algorithm? Huh
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