Topic: [ANN] [RD] Red Wind. Mars Colonization. Launched. Algo=CryptoNight - page 21. (Read 69576 times)

waiting for the dev to announce some good news

hash 624.62 H/sec   ，   Miners left

You must do what you think is best for you.

The hash rate is increasing, so i think there is a few more miners in the coin.

Development has been left, don't mining

Development has been left, don't mining

178.63.62.93:61280
46.12.19.197:61280

not work. i need valid peer , like ip: \port number
 178.63.62.93 and what is the port number ? 

http://redwind.miner.center/   or 178.63.62.93


DEV  this week has not come, may leave.

True.
CN algo is still the fairest algo,not cracked by aisc or fpga.

IMO this is the most fair algo, because anyone with a simple computer cam mine the coin.

Sometimes he is online but not talking.

How is cryptonight a different algorithm from the already existing ones ?

Egalitarian proof of work

The proof of work mechanism is actually a voting system. Users vote for the right order of the transactions, for enabling new features in the protocol and for the honest money supply distribution. Therefore, it is important that during the voting process all participant have equal voting rights. CryptoNote brings the equality with an egalitarian proof-of-work pricing function, which is perfectly suitable for ordinary PCs. It utilizes built-in CPU instructions, which are very hard and too expensive to implement in special purpose devices or fast memory-on-chip devices with low latency.

We propose a new memory-bound algorithm for the proof-of-work pricing function. It relies on random access to a slow memory and emphasizes latency dependence. As opposed to scrypt, every new block (64 bytes in length) depends on all the previous blocks. As a result a hypothetical "memory-saver" should increase his calculation speed exponentially.

Our algorithm requires about 2 Mb per instance for the following reasons:

1. It fits in the L3 cache (per core) of modern processors, which should become mainstream in a few years;

2. A megabyte of internal memory is an almost unacceptable size for a modern ASIC pipeline;

3. GPUs may run hundreds of concurrent instances, but they are limited in other ways: GDDR5 memory is slower than the CPU L3 cache and remarkable for its bandwidth, not random access speed.

4. Significant expansion of the scratchpad would require an increase in iterations, which in turn implies an overall time increase. "Heavy" calls in a trust-less p2p network may lead to serious vulnerabilities, because nodes are obliged to check every new block's proof-of-work. If a node spends a considerable amount of time on each hash evaluation, it can be easily DDoSed by a flood of fake objects with arbitrary work data (nonce values).

One of the proof-of-work algorithms that is in line with our propositions is CryptoNight, created by Bytecoin developers in a cooperation with our team. It is designed to make CPU and GPU mining roughly equally efficient and restrict ASIC mining.

I've lost interested in this algo.

For the first, it seems really hard to get started with it.

For the second, users that know how to use it seem to not care about new users and adoption.

Third, btc is already way too hard to understand for the general public, even easy steps as explaining to them how the public ledger updates can't make them understand it at all, and that's why people are trying to simplify it nowadays but at the same time make it safer for the general public to use.

So in the end, i don't see cryptonight succeeding in the nearest future, sorry.

Why do you say he is online?

He is online now and then.

http://redwind.miner.center/   or 178.63.62.93


DEV  this week has not come, may leave.