Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 173. (Read 542277 times)

Update

Here's an update from the Heavycoin developers.

Stratum-mining

We have released the stratum-mining software today.  It has been made compatible with 1GH's private closed source stratum-server, so you should be able to switch your external miners between the different pools.  Although 1GH is easy to set up, we strongly recommend you to spread your mining among many pools in order to improve decentralization.

• stratum-mining-heavycoin - Fork of the stratum-mining server for Heavycoin - https://github.com/heavycoin/stratum-mining-heavycoin
• cpuminer-heavycoin - An updated cpuminer supporting Heavycoin hashing, voting and 1GH compatability - https://github.com/heavycoin/cpuminer-heavycoin
• heavycoin-hash-python - Heavycoin hash python module - https://github.com/heavycoin/heavycoin-hash-python
• php-mpos-heavycoin - A forked MPOS that puts voting on the UI to improve transparency - https://github.com/heavycoin/php-mpos-heavycoin

GPU mining

It looks like GPU developers have overcome hefty1, giving GPUs an advantage for mining Heavycoin.  We tried some new ideas with hefty1, but much to our disappointment it was not enough.  So, we must take our hats off to the GPU mining developers.

On the one hand, this is disappointing to us because we worked hard to try to make Heavycoin CPU-only forever.  On the other hand, this could actually be good thing because it means Heavycoin is now opened up to a new crowd of stakeholders and interests.  The amount of GPU mining interest Heavycoin is receiving is a very positive sign.

We would like to dispel the myth that GPU mining means an increased or faster increase in the supply of Heavycoin.  This is simply not true because the Heavycoin retargeting algorithm is working well to maintain the desired mint rate of 1 block (approximately) every two minutes.


We are happy that Heavycoin was (at least) able to give CPU-miners the first week of mining, which is often the most profitable window to mine (as the difficulty has much to adjust).  At this point we would like to ascertain to what degree Heavycoin is GPU-resistant (eg. how much CPU does it still require in order to GPU mine) before updating our website.

Our plan going forward to is to continue to support the core Heavycoin software, assist mining pools wherever possible and support the Heavycoin community with the bounties and future development fund.

bugger all cpu usage required, all my cpus are working 98% on the world community grid whilst my gpu is hashing away HVC.

Update

Here's an update from the Heavycoin developers.

Stratum-mining

We have released the stratum-mining software today.  It has been made compatible with 1GH's private closed source stratum-server, so you should be able to switch your external miners between the different pools.  Although 1GH is easy to set up, we strongly recommend you to spread your mining among many pools in order to improve decentralization.

• stratum-mining-heavycoin - Fork of the stratum-mining server for Heavycoin - https://github.com/heavycoin/stratum-mining-heavycoin
• cpuminer-heavycoin - An updated cpuminer supporting Heavycoin hashing, voting and 1GH compatability - https://github.com/heavycoin/cpuminer-heavycoin
• heavycoin-hash-python - Heavycoin hash python module - https://github.com/heavycoin/heavycoin-hash-python
• php-mpos-heavycoin - A forked MPOS that puts voting on the UI to improve transparency - https://github.com/heavycoin/php-mpos-heavycoin

GPU mining

It looks like GPU developers have overcome hefty1, giving GPUs an advantage for mining Heavycoin.  We tried some new ideas with hefty1, but much to our disappointment it was not enough.  So, we must take our hats off to the GPU mining developers.

On the one hand, this is disappointing to us because we worked hard to try to make Heavycoin CPU-only forever.  On the other hand, this could actually be good thing because it means Heavycoin is now opened up to a new crowd of stakeholders and interests.  The amount of GPU mining interest Heavycoin is receiving is a very positive sign.

We would like to dispel the myth that GPU mining means an increased or faster increase in the supply of Heavycoin.  This is simply not true because the Heavycoin retargeting algorithm is working well to maintain the desired mint rate of 1 block (approximately) every two minutes.


We are happy that Heavycoin was (at least) able to give CPU-miners the first week of mining, which is often the most profitable window to mine (as the difficulty has much to adjust).  At this point we would like to ascertain to what degree Heavycoin is GPU-resistant (eg. how much CPU does it still require in order to GPU mine) before updating our website.

Our plan going forward to is to continue to support the core Heavycoin software, assist mining pools wherever possible and support the Heavycoin community with the bounties and future development fund.

Block chain: 2014-03-17 16:22:42 | 6744 | last 588.22656250 1b6f6941 1.242 | 1hr 575.72888184 1b71d462 0.975 117.000 | 24hr 120.93071747 1c021dec 0.958 114.904 | last 149

You have no clue in what you invested , right?

tomorrow is the answer to that

surely not, they have no HVC, it all gets paid out instantly.

While I agree with the first part ... when the hell was hvc a dominant coin?

There are two REALLY big reasons this coin will still succeed:

1) The Algo is still very ASIC resistant and extremely secure

2) GPUs run cooler and more efficiently with this coin

Those icy cool GPUs will bring more GPU miners who want to save on power, increasing interest and making this coin a dominant force yet again

massiveman,  I am sorry but u have no idea what u are talking about.

An attacker that controls more than 50% of the network's computing power can, for the time that he is in control, exclude and modify the ordering of transactions. This allows him to:

• Reverse transactions that he sends while he's in control
• Prevent some or all transactions from gaining any confirmations
• Prevent some or all other generators from getting any generations

in other words, the Heavycoin network is NOT SECURE at this point of time

surely not, they have no HVC, it all gets paid out instantly.

I'll be honest, I sold most of my coins at 50.  Even though it's at 35 now, up from 19 this AM, I wish I had held onto them

Stratoblitz and massiveman

u guys realize that 1GH has 99% of the network and can perform 51%attack any time they wish, right?