Topic: [ANN] Ethereum: Welcome to the Beginning - page 697. (Read 2007155 times)

My family is from the India, Punjab and they are from a farming heritage!

If, you want too call me CHAV - then I'll stick up up for those downtrodden people - why not? However, I do not where sports clothing

I have brother who graduated from Cambridge University, another graduated from University College London. Another, who went to London School Economics, but dropped out too pursue other interests.

As for myself, I do have problems with writing English - grammar, spelling and so on. Therefore, I didn't enjoy school and didn't excel, especially in written timed exams.

My IQ is 142, which (at the time) was 5 points short of joining MENSA, but I was smoking cigarettes at the time and that takes 7 points of IQ test results.

You did not read the original post: the person's post was a digression "20X this number of CPUs are already in use for other altcoins". Their digression was: there is 20X times CPUs in usage too the number of GPUs, with relation to GPUs on needed for 51% attack on that other coin (not at all relevant too Ethereum).

Therefore, the person posting is saying that their are 800,000 CPUs mining ALTs, which there is no way too validate, even if you had an interest in mining with CPUs.

But, if you do mine with CPUs - you would be able to work too do a rough calculation by adding up hashrates for ALTs that have CPU mining on them and dividing that by the average hashrate per CPU.

Pretty tedious too do

 

Seems to me, mate, that you are far from an Oxford man. Rather, everything points to you being a chav mate.

Again, where is the data to back up the claim that there are 20 times more CPUs mining other coins than there are GPUs mining Ethereum?

I care nothing about benchmarks and hashrate estimates the way you present them.
If you can use the estimates to show the 20x relationship described above I will credit you with original research.

Yeah, it is a world class education system in the UK

You must not mine at all. Nicehash multi-algo mining software can benchmark a few algorithims on CPUs.

20X is an average, because the hashrate or the values of coins is lower or it is has a low-startup investment and they tend to focus on periods of CPU mining.

The CryptoNight alogorithm is still pretty close between GPUs and CPUs.

AMD FX6300 does around 230hashes.

R9 290 does around 760hashes.

And, yes, I read it on this Forum's ANN, as well as from other websites.

As I said, you are a tad lazy!

Where did I say anything about me being interested in 51% attack on ETH? Riddikulo asserted a claim that as many as 20X the number high end GPUs in CPU power is being used to mine other altcoins. I find that a pretty interesting claim.
My searches on that topic come up pretty empty, therefore I asked him to share the research, paper, blog post, or at least an educated guess where he gets that number from.

Perhaps you could try reading with some comprehension before calling me lazy, or at least change your nick to "thevictimofukeducationsystem".

This possibility is, but it needs to be used with hashrate from services which sale mining power (Nicehash, Miningrigrentals). There is no such amount in order to create attack 51% on the ETC network.

People, are constantly doing calculations for 51% attacks, they are posted all over the place.

Just google it, if you are that interested in it, rather than being lazy and asking someone else to do your own work.

And, at least 2 of the tiny coins (minimal-like cash startups) imitating the Ethereum Foundation's algorithm open source information, have had successful 51% attacks on them - so, yes it does happen when the hashrate is really tiny on the Dagger algorithm.

However, I'd reckon that direct clone coin of Ethereum, does not have to worry about a Classic 51% attack

Could you kindly share where do you get this figure from?

Ethereum Classic hashrate is 1.0 Th/s (Scypt). This is about the equivalent of 40,000 high-end GPUs. To get the amount of hashrate to perform a 51% attack (for the purpose of double spending) you'ld need to control about $10M worth of GPU hardware. This exists in the supply chain (new GPUs), or could be redirected from other altcoins, where as many as 20X this number of CPUs are already in use for other altcoins. For instance, Ethereum has about $80M worth of the same GPUs. So if just 1/8th of Ethereum miners were to decide to temporarily re-assign their hardware, contributing the hashes to a 51% attack on Ethereum-Classic, that attack would be successful.

Just wondering if anyone has made a library or cross compiler for writing Ethereum smart contracts using the Ruby language?

No, that is more like clutching at false imaginations when not investing in Ethereum

The dictionary definition of noun trust is:

1
reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence.
2.
confident expectation of something; hope.
3.
confidence in the certainty of future payment for property or goods received; credit:
to sell merchandise on trust.
4.
a person on whom or thing on which one relies:
God is my trust.
5.
the condition of one to whom something has been entrusted.
6.
the obligation or responsibility imposed on a person in whom confidence or authority is placed:
a position of trust.
7.
charge, custody, or care.

As most people will accurately ascertain, Vitalik Buterin, is easily fulfilling the properties of the word trust.

The arguments dropped on this ANN to justify other crypto-currencies are nonsense. VB has done a very good job, with relations to fulfilling most of ingredients needed to achieve the word meaning of TRUST.

pure reality.....

No, that is just a subjective opinion.

You can find just as many people who are more likely too trust VB.

This is too true

@devs


   Honestly I hold very little PPC but I am a fan of Sunny King's hybrid POS/POW solution; the hardware adds an unprecedented level of security while the guys running said hardware promote it relentlessly driving the value up.

Is Tradeblock an actual exchange?

I thought it was execution and analysis tool for trading at real exchanges!

I cant really trust in Vitalik again, not after that fork. The original spirit of ETH remains in ETC and the community behind it.

Wrong again bitpop.  All that TradeBlock is doing is categorizing there.  The actual tickers used by all those exchanges (polo, bitfinix, kraken, bittrex, etc.) ALL USE ETH FOR ETHEREUM AND ETC FOR ETHEREUM CLASSIC. Becoin is the only one trying to get the real Ethereum labeled as "ETHF".  It's fun watching though.  Like the one derp who tries to start the crowd clapping, but no one follows and he just looks like a chump.

Actually they are simply bumping this thread.
(Maybe they are also competing for ignore list champion.)

Wrong

TradeBlock has ethf listed correctly

bitpop, becoin... what are you guys doing with your lives? relentlessly trolling a thread not even followed by the thread starter any more? to quote the new looney tunes potus: sad.