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Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 65. (Read 542292 times)

legendary
Activity: 1638
Merit: 1011
jakiman is back!
Also, could you please address the wallet issue with OpenSSL and let us know what version of the lib you used and if a new update is in the works if needed?  It doesn't come across well to not comment on this especially when bitcoin forum has had a "news alert" at the top of the forum for a while now concerning this.

From what he said so far, it doesn't sound that vulnerable. But he will create a new build soon. See below.

The issue mostly applies to bitcoin-0.9.0, especially if you've used the payment protocol.

With Heavycoin you are vulnerable only if you set the rpcssl command-line option.  If it is not set, then no immediate action is required.  Otherwise, if you set rpcssl and if an attacker could have possibly communicated with the RPC port, then you should consider your wallet to be compromised.

Regardless, we will announce new builds soon.
member
Activity: 61
Merit: 10
I'll use crypto to buy a Fiat
Name:   keccak512
Posts:   351
Activity:   126
Position:   Full Member
Date Registered:   May 19, 2013, 10:44:28 PM
Last Active:   April 11, 2014, 08:25:25 AM
 Embarrassed

Haha Kekkak is gonna show up like "Jesus shit you guys! Everytime I leave you guys start talking crazy shit!"
sr. member
Activity: 364
Merit: 250
Name:   keccak512
Posts:   351
Activity:   126
Position:   Full Member
Date Registered:   May 19, 2013, 10:44:28 PM
Last Active:   April 11, 2014, 08:25:25 AM
 Embarrassed
full member
Activity: 168
Merit: 100
DEVS,

Since it seems I like to write messages in sets of three, this one is for you.

I'm going to ask for a minute core change that should be totally doable and will not change anything except for possible turmoil later.

What I'd suggest is changing the vote of sustain and last set of blocks in limit phase to also be 1024 instead of just upto 8.

1024/8=128

There will be many people who will not change their vote properly at the proper time.  This may or may not cause problems with blocks or voting. However, without changing any fundamental structure or intention of the coin you could take the vote count used up to 1024 and divide it by 128.  Thus a vote of 1024/128=8 which is the upper range you intended.  Your going to be dealing with decimals any way you cut it so this will just make the transition easier for those running GPU miners which is most people.

Is this something you would at least consider to make the transition easier?

Also, could you please address the wallet issue with OpenSSL and let us know what version of the lib you used and if a new update is in the works if needed?  It doesn't come across well to not comment on this especially when bitcoin forum has had a "news alert" at the top of the forum for a while now concerning this.
full member
Activity: 168
Merit: 100
talk about scam :|
its pumped by same chinese whale(s) that robbed people blind using pump and dump fraud on many other alts


I would not call it a scam as everyone know exactly how it works and like the idea.  It's actually working well for them as it keeps BC in demand for buying which is good for that coin.

However if other coins try and follow that philosophy then it will not works as well for all involved as there will to to much dumping of the mined alt coins.

full member
Activity: 168
Merit: 100
First I'd personally like to thank reorder for changing the default vote used for new setups on hvc.1gh.com to 1.

reoder is also the person who gave us GPU mining on AMD processors! He has been really supportive of our community to say the least and very professional.  He and team also run a first class pool!
Many in the community are very great full for all you have done.

--------------------------------

heavycoinpool.com is dead and has the following posted: "Dear friends, the pool is officially dead. Please cash out by 4/15/2014 and THANK YOU ALL for sticking with us to the end!" This pool had promise but Cryptomind dropped out of site in the forums and IRC and the pool went down hill.

hvc.nonce-pool.com is still alive and kicking but with only about 600MH.  But they are still finding blocks here and there.
--------------------------------
We have also asked ZHPool to make a similar change to voting in their scripts/batch files as 1GH but this hasn't happened (unlike 1GH who was very responsive). Not even a comment from ZHPool. What's more since ZHPool actually has our email address and whatnot it would have been even easier for them to help us get the vote count lower by doing a one time email on our behalf.

I'm throwing this out to the community as a question.  Would any of you be interesting in doing a boycott on ZHPool until such time as they lower the vote count?
hvc.nonce-pool.com from my split testing was previously the best paying of all 4 up to the time they lost hash rate. Fast in the US and a very responsive website for MPOS. They have 0% pool fee but only 0.01 (not 0.1) HVC transfer fee.  If enough people would boycott ZHPool until they make a change we could move some substantial traffic to Nonce which would send a message that they need to listen to the community!

Nonce has 512 as the default vote count but I'm sure if we moved traffic there we could get them to lower the suggest vote value to 1. Smiley  At least 512 is better then default of 1024 which is what ZHPool still has set.

I would just suggest switching to 1GH but then we are putting all our hash in one pool which isn't healthy for the network overall.  I hope you understand this reorder! (we all owe you gratitude, but for the sake of the HVC network, need to keep the hash spread around a bit). Although I'd be the first to say reorder has always been very profession and one of the biggest supports of the HVC network.  But from a valuation standpoint it's better to have the hash spread around.

From my previous testing I believe if we could get around 6GH moved there it would be worth it and no one would feel like we took a hit by moving to a low hash network.

So I wanted to throw this idea out to the community to see if there is any interest in fighting back a bit for a lower vote count.  After all, if the community works as a team we have a "bigger voice" that will get heard. Smiley  I bet just the "threat" of moving will get them to take action and if not then when they see GH dropping from their pool, they will drop by the forum and figure out why and make the change.

What do you guys think?
full member
Activity: 140
Merit: 100
Well anyone with BlackCoin in their bags has seen a 4 fold price increase in 3 days. I bought this morning at the then current high and i have made more on that than 24 hours of mining (top 30 @ 1gh hash).

its a pump and dump parasitic shitcoin, that is being over pumped and a lot of people will be left holding bags.
also why would anyone go "alt->bc->btc->usd" instead of simply "alt->btc->usd"?

probably more like alt>btc>bc>btc>usd
fee to change alt coint to btc
fee to change btc to black coin
on sell
fee on bc to btc
etc

talk about scam :|
its pumped by same chinese whale(s) that robbed people blind using pump and dump fraud on many other alts


They are being added to Coinkite....
https://coinkite.com/faq/alts
full member
Activity: 168
Merit: 100
Well anyone with BlackCoin in their bags has seen a 4 fold price increase in 3 days. I bought this morning at the then current high and i have made more on that than 24 hours of mining (top 30 @ 1gh hash).

its a pump and dump parasitic shitcoin, that is being over pumped and a lot of people will be left holding bags.
also why would anyone go "alt->bc->btc->usd" instead of simply "alt->btc->usd"?

probably more like alt>btc>bc>btc>usd
fee to change alt coint to btc
fee to change btc to black coin
on sell
fee on bc to btc
etc
full member
Activity: 126
Merit: 100
Congrats everyone we completed our thunderclap goal 100%!!!

We can still add more to it but its now guaranteed to drop Smiley thank you to everyone who spread the word to make it happen.

Also with over 100,000 social reach we may get some people new to crypto posting here so we just need to be patient and grow the community through social and education!

Great work! HVC has a great community!

If you are voting low please consider voting 1 as it will apply the maximum downward pressure to the vote. Longer term mining on the mint phase is our best option right now. Let's slow the mint and give us more time to figure out the next 2 phases.

Votes over the last 60min, 1024- 13 votes, 512- 27 votes, 64- 2 votes, 10- 2 votes, 1- 16 votes

How low can we go? Sub 500 for the next block reward?

Would be really good to have the final HVC logo before the thunder clap goes off....
full member
Activity: 168
Merit: 100
I could be totally wrong but I would think the multi pool idea has some problems of its own.

The pool mines other coins and dumps/exchanges them for BTC. This causes those coins to lose value as there is a constant sell going on from the pool.  You then also have two sets of fees to factor in.

I'm sure we'll see copy cats of BC doing this soon. All this hash power mining and selling the other alt coins will drive down the price of the BTC you get from mining which is needed to purchase HVC.

It'll work OK for the first coin but have diminishing returns with multiple coins trying to setup multipools.

Just a thought.

We might need an original idea of own that no one else is doing to get maximum benefit.

Nothing changes for other coins. Multipool has been around for quite a while now.
Same amount of coins are mined per day regardless and similar are getting sold.

It works well for Blackcoin because they made a nice anonymous pool and the coin itself cannot be mined.
But for other PoW coins, only reason I can see is if you want ASIC miners to mine & forget getting HVC. (if they even want HVC that is...)

What I meant is that with 2 or 3 different multipools mining the same set of coins there would be a huge amount of dumping that would cause the mining of that coin to not be as profitable as just one multipool dumping it.
sr. member
Activity: 364
Merit: 250
sr. member
Activity: 364
Merit: 250
full member
Activity: 196
Merit: 100
Congrats everyone we completed our thunderclap goal 100%!!!

We can still add more to it but its now guaranteed to drop Smiley thank you to everyone who spread the word to make it happen.

Also with over 100,000 social reach we may get some people new to crypto posting here so we just need to be patient and grow the community through social and education!
full member
Activity: 140
Merit: 100
Well anyone with BlackCoin in their bags has seen a 4 fold price increase in 3 days. I bought this morning at the then current high and i have made more on that than 24 hours of mining (top 30 @ 1gh hash). Blackcoin is POS and has a very talented dev/market team supported by a strong community. We have a talented but near silent dev and strong community. A multipool requires competent people working the markets, that is to say blackcoin doesn't flood the market with altcoins. They disburse them across all the exchanges (automated where possible). If they devalue the alts then they shoot themselves in the foot.

As for HVC, I have supported it from day 1. HVC is POW and multipool is unlikely beneficial to the coin at this stage. As has been mentioned getting HVC accepted with some more merchants would probably be the single best thing right now. Voting is voting, big miners mine for profit (typically dumping) and low vote goes against their quick profits. Unfortunately they also are the ones with the most credited votes. Campaigning the big dogs to lower their vote isn't likely gonna happen either. HVC is still strong and a great algo. I think people are panicking too soon. The only issue with HVC right now is the sustain phase. We'll just have to see how it pans out i guess.
legendary
Activity: 1638
Merit: 1011
jakiman is back!
I could be totally wrong but I would think the multi pool idea has some problems of its own.

The pool mines other coins and dumps/exchanges them for BTC. This causes those coins to lose value as there is a constant sell going on from the pool.  You then also have two sets of fees to factor in.

I'm sure we'll see copy cats of BC doing this soon. All this hash power mining and selling the other alt coins will drive down the price of the BTC you get from mining which is needed to purchase HVC.

It'll work OK for the first coin but have diminishing returns with multiple coins trying to setup multipools.

Just a thought.

We might need an original idea of own that no one else is doing to get maximum benefit.

Nothing changes for other coins. Multipool has been around for quite a while now.
Same amount of coins are mined per day regardless and similar are getting sold.

It works well for Blackcoin because they made a nice anonymous pool and the coin itself cannot be mined.
But for other PoW coins, only reason I can see is if you want ASIC miners to mine & forget getting HVC. (if they even want HVC that is...)
legendary
Activity: 1638
Merit: 1011
jakiman is back!
How did you get 80 Mhs for such low power. I also have 4x280 and I've got only 70 Mhs for 630 W?

Best I could do 585W (at wall) @ 1080/1000 @ 1.054V @ 19.8MH/s each. (79.2 Mhs)
(4 x Gigabyte 280x, AMD FM2 4400, 8GB RAM, Bronze PSU)
full member
Activity: 168
Merit: 100
I could be totally wrong but I would think the multi pool idea has some problems of its own.

The pool mines other coins and dumps/exchanges them for BTC. This causes those coins to lose value as there is a constant sell going on from the pool.  You then also have two sets of fees to factor in.

I'm sure we'll see copy cats of BC doing this soon. All this hash power mining and selling the other alt coins will drive down the price of the BTC you get from mining which is needed to purchase HVC.

It'll work OK for the first coin but have diminishing returns with multiple coins trying to setup multipools.

Just a thought.

We might need an original idea of own that no one else is doing to get maximum benefit.
legendary
Activity: 1193
Merit: 1000
Peaky Blinder
Can someone tell me what is the usual heavycoin power usage compared to scrypt? Lower, higher? I need a specific value for the hashrate you get. Best would be for udnervolted 280x or 290.

I am trying to add heavy to my site and need this data.


Way,way lower. I am getting 480W for a 80Mhash 4x 280x rig. Apparently not everyone are getting numbers as low but 600W for 80Mhash is very easy to achieve.
How did you get 80 Mhs for such low power. I also have 4x280 and I've got only 70 Mhs for 630 W?
full member
Activity: 196
Merit: 100
Let's think outside the box on this multipool possibility, what if we developed the first x11/hefty-1 merged mining multipool. Issue with hvc network solved? I'm purely trying to figure out new options for us.
member
Activity: 112
Merit: 10
a little word to you all, the reason for the success of blackcoin and the likes is because people don't put their orders above for a lazy profit. It dissuades the market makes it top heavy and makes you wait longer / never until cashing that. You see 100s of smart asses buy up and put a double up sell down oblivious to the fact when that happens the market will shake.

TAKE OFF THE HIGH SELLS PLEASE.

blackcoins multipool helps a lot, that's one of the reasons their price is doing so well.

BC Multipool only buys between 50-100BTC/day based on Twitter. Driving force on their price is strong community involvement, CoinKite adoption, PoS model, etc.

I would argue that in this current climate of tumbling coin prices that their multipool, by creating buy support, has essentially made their coin stand out as one which is bucking the downward trend, this in turn has attracted investors and those who feel its a safe store of value while everything else decreases.

basically i believe people are fickle, especially in the crypto currency world which has very few true investors, lots of speculators. So I think buy support is good, that's why I believe in a multi-pool for this coin. You say blackcoin has that niche filled but there is tons of room for another multi pool,the BC pool doesnt have that many miners even.
The question for us then, would be why would miners mine on an HVC multipool if BC already has that niche filled? An HVC multipool would lose the efficiency of Hefty1, and decreases the network hashrate. If we go PoS, sure, multipool would be great. But buy support for a weaker network doesn't seem like it's a great idea.
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