Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 212. (Read 542277 times)

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HVC: HVniYbKKvxaSbLSFCShKSMDe7GYrVAXfZG  

Would that be on physical machines in his possession or in the cloud?

I'm trying to see if it might be worth investing in to increase my hashrate, so my vote can be counted.

If I counted right, 700 cores. Or 350 cores with hyperthreading.
Somebody had some nice screenshots yesterday here comparing newer and older processors.

primera, what are you using to get 7 mh/s?

What hardware are those people at the top of the pools whom are finding blocks using to get such a high hashrate?

If I understand right, heavycoin pool takes into account only the vote of the finder.
Indeed it would be much better if all the votes count for the final vote in sortof similar way the block reward is split. But I think that this has to be coded into the pool's program and the priority for that will be sooooo loooooow

The effects of votes require for starters that you mine. If you are mining with the wallet, you have to leave it open (or the corresponding daemon running in Linux) but finding blocks solo is extremely difficult unless you have a hell of a machine cpu wise. So you better mine in a pool using their miner. Right now you have three options: http://hvc.1gh.com/, http://heavycoinpool.com and http://hvc.nonce-pool.com/. People are reporting at the moment lower hashrates in heavycoinpool, so you may want to use one of the others. I'd recommend http://hvc.nonce-pool.com/ to distribute the hashrate, so far 1gh hoarded too much.

And some thoughts... votes that count are the ones cast by block finders. And this is one of the cruxes of this coin... generally block finders will be people with a lot of overall hashing power. If they're in for a quick buck, they will want to increase block content and vote high so they can harvest more coins and sell them. One of the keys for this community to succeed is to avoid quick dumping so there's time to develop and grow sustainably. That requires to give reasons to powerful miners for 1) Holding, and/or 2) Voting Low.

Getting heavy miners to vote low seems difficult. If I could throw in a LOT of hashes, I'd like to have more coins even if I intended to hold - so once the coin hit my target price, I could get higher returns. So at least we suggest the average miner Joe (or anyone wanting to build things around HVC) to vote low in an attempt to counteract the expected, more frequent high votes of heavy miners, because a long, steady growth of HVC is more attractive for both small miners and community pushers.

So it seems that the best way to avoid quick dumping is to develop the coin and the community and to build expectation. That works for everyone even if blocks are voted to be big.

Block finders votes are counted, it is part of the block, even the pool can't cheat it.

The Internet was invented by US military organisation DARPA.

Tim Berners Lee invented the World Wide Web - well, he put together the main ideas behind it - HTTP, machine independence etc. I don't think he wrote the first browser.

You make a good point, I didn't think of that. Same goes for my idea of the pools averaging miner votes. Someone could just open up hundreds of miners on a single computer.

I've given it a go, and am getting 40% more hashrate with noncepool using the 1GH miner, than if I use the heavycoin miner (Windows 64 bit) on heavycoinpool.com.

I had some thinking on this too and my conclusion is that - though it's unpleasant, especially for IPO investors that don't really mine - the current voting IS democratic and quite correct.

If only by starting the wallet you could vote, then anyone could start hundreds of wallets (on VM) to manipulate the price. And it would also be more like anybody in the world could vote for the president of USA...

However, I may be wrong - it's 1AM here.

I know that's how it is for solo mining, not sure how the pools handle the votes though. Hopefully the pool votes based on the total average of miner votes.

An optimized cpuminer just commited to https://github.com/1gh/cpuminer-heavycoin , ~20% faster. No binaries yet.

If only block finders get their vote counted, that's hardly democratic, as the people with the most CPU power get their votes validated, they're most likely to vote 1024, as they will then get higher block reward.  I've noticed on the pools the blocks are found by the users with the most CPU power, i.e. the ones with the CPU farms.  If you've got low CPU power in comparison to the other miners whats the point of voting if its not going to be counted, only the ones with the money who can purchase CPU farms will get their votes counted as they're the ones who are likely to find the blocks.

I actually do kinda like it. If you can implement an anvil design or something to denote heaviness - I think it has some promise.

You can vote using the wallet (settings > options), apply or save, you need to keep the wallet running in order to mine solo, but it is better to mine with a pool, you can vote 1 using the -v switch :

In your batch file: minerd.exe -a heavy -v 1 -o stratum+tcp://stratum01.heavycoinpool.com:3333 -u user -p pass

Only block finders get their vote counted, so when pool mining, change your miner settings to -v 1 to vote for a blocksize of 1

very encouraging how much this community seems to be growing and contributing to the development of the coin.

WTB, if someone sell, send me a pm with ur quantity and price each coin