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Topic: [ANN] [VELD] - Veldspar - A new type of coin, trying to solve different problems - page 5. (Read 4401 times)

member
Activity: 99
Merit: 11
New Windows miner works fine. The miner on Linux WSL crashed for me every few minutes, windows miner is running smooth for over 2 hours now.
copper member
Activity: 87
Merit: 5
When moon ?  Grin
The project is at a very early stage if you read Discord the dust is just beginning to settle after a relauch today.
I would ask, when will the peer nodes become released. The answer shall not be different : we are in (pre) alpha.

Transfers and peer nodes are the next phase, and it will be a long and painful phase for sure.
member
Activity: 238
Merit: 13
When moon ?  Grin
The project is at a very early stage if you read Discord the dust is just beginning to settle after a relauch today.
I would ask, when will the peer nodes become released. The answer shall not be different : we are in (pre) alpha.
member
Activity: 561
Merit: 16
any plans for an exchange ?
hero member
Activity: 673
Merit: 500
It looks like a miner written in C has been released:
https://github.com/VeldsparCrypto/megaminer

It's fast, and there aren't many people mining.
member
Activity: 115
Merit: 10
luckily the algo can be changed on the fly  Wink
legendary
Activity: 1288
Merit: 1002
Nice to see a project with a completely new algo that is for CPU mining only, I hope it stays CPU only for a while.

Well we hope so, we are just completing a planned upgrade to the blockchain and with it, the mining parameters are now deterministic, so if we identify an issue we can just roll out updates to the miner algorithms.  But we are going to design GPU & ASIC algo's which are balanced with CPU's to give less of an advantage and keep a level playing field.


Well that's great you're considering this because I guess it's just a matter of time before someone manages to figure out a way to crack the code to give GPUs an advantage, I've noticed that happen on many coins already.
copper member
Activity: 87
Merit: 5
the mined coins are not locked during the sales period, I usually see dev like that

sorry I'm not sure I understand that statement.
newbie
Activity: 154
Merit: 0
the mined coins are not locked during the sales period, I usually see dev like that
copper member
Activity: 87
Merit: 5
Nice to see a project with a completely new algo that is for CPU mining only, I hope it stays CPU only for a while.

Well we hope so, we are just completing a planned upgrade to the blockchain and with it, the mining parameters are now deterministic, so if we identify an issue we can just roll out updates to the miner algorithms.  But we are going to design GPU & ASIC algo's which are balanced with CPU's to give less of an advantage and keep a level playing field.
legendary
Activity: 1288
Merit: 1002
Nice to see a project with a completely new algo that is for CPU mining only, I hope it stays CPU only for a while.
copper member
Activity: 87
Merit: 5
copper member
Activity: 87
Merit: 5
The links are not working.
It's much more difficult to mine with this new version ?

Sorry, those links above?  They should be working .....

Yes, it is more difficult to mine the ore, but the rewards have been fleshed out to be a bit bigger.

OK links are now working for me.
And about rewards I can see some 200 one minted, with my old core i7 920
Code:
Processing block 1322 of 1322
Processing block 1323 of 1323
Processing block 1324 of 1324
Incoming token added to your wallet with a value of 0.1
Incoming token added to your wallet with a value of 1.0
Processing block 1325 of 1325
Processing block 1326 of 1326
Processing block 1327 of 1327
Incoming token added to your wallet with a value of 0.5
Incoming token added to your wallet with a value of 200.0
Processing block 1328 of 1328
Processing block 1329 of 1329
Processing block 1330 of 1330
Processing block 1331 of 1331
Processing block 1332 of 1332
Processing block 1333 of 1333
Processing block 1334 of 1334
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.5


Nice, gotta love those 200's.
member
Activity: 238
Merit: 13
The links are not working.
It's much more difficult to mine with this new version ?

Sorry, those links above?  They should be working .....

Yes, it is more difficult to mine the ore, but the rewards have been fleshed out to be a bit bigger.

OK links are now working for me.
And about rewards I can see some 200 one minted, with my old core i7 920
Code:
Processing block 1322 of 1322
Processing block 1323 of 1323
Processing block 1324 of 1324
Incoming token added to your wallet with a value of 0.1
Incoming token added to your wallet with a value of 1.0
Processing block 1325 of 1325
Processing block 1326 of 1326
Processing block 1327 of 1327
Incoming token added to your wallet with a value of 0.5
Incoming token added to your wallet with a value of 200.0
Processing block 1328 of 1328
Processing block 1329 of 1329
Processing block 1330 of 1330
Processing block 1331 of 1331
Processing block 1332 of 1332
Processing block 1333 of 1333
Processing block 1334 of 1334
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.01
Incoming token added to your wallet with a value of 0.5
copper member
Activity: 87
Merit: 5
Is Veldspar token on etherium blockchain,

or coin with its own blockchain ?

Where can I find and read more information about this ?

Thanks

Nope it is completely original and unique.
member
Activity: 294
Merit: 10
Hi Dev
If you are looking for Vietnamese translator, please contact me.
This is a good project. Looking forward to more updates
Thanks
member
Activity: 952
Merit: 17
raskul
mining with 130 cpu cores...

avg'ng 1.8KH/s per core.

234KH/s

 Cool

legendary
Activity: 2212
Merit: 7064
Is Veldspar token on etherium blockchain,

or coin with its own blockchain ?

Where can I find and read more information about this ?

Thanks
copper member
Activity: 87
Merit: 5
The links are not working.
It's much more difficult to mine with this new version ?

Sorry, those links above?  They should be working .....

Yes, it is more difficult to mine the ore, but the rewards have been fleshed out to be a bit bigger.
copper member
Activity: 87
Merit: 5
Hello, I'm trying your alpha :
Code:
...
Found token! @2018-08-06 12:30:09 +0000 Ore:0 method:0 value:0.5
Token Address: 00000000-0000-00000032-000F92B8-00061284-0004D37B-000CDE...
Token successfully registered with Veldspar node.
...

What to do from here ?
How can we get the network and mining information ?

The next release of the node has a network statistics output,  showing what has been found,  what denominations etc.  I will post a link to the JSON api on here when it’s gone up.

I upgraded to 0.0.3 and it seems that i'm finding way less tokens. Metrics are nice, but rewards have decreased.

That is deliberate.  We may tweak it again if it's not working out.  We wanted to bulk out the middle range 0.5,1,5,10's and reduce the 0.01's and introduce the 100's & 200's to try and create a more realistic spread.

If people are disadvantaged over others that mined early, then I will try to redress that issue.  Because that runs entirely counter to the whole intention of the coin.  But that is mainly because people would get upset if I reset the network and called to start it all again.

There will always be people who will have a disadvantage when it comes to mining. Even one is early, someone with a mining farm can easily overtake him with regards to number of coins mined. It is admirable though that you are trying to be fair to everyone as much as possible.

I think i'm fine with a farm doing that, as for this concept, someone producing 5k hashes/second should get (on average) 5x the reward of someone mining at 1k h/s.  Because the bigger miner doesn't affect the little guy at all (well in theory is unlikely to).  But the problem was someone mining at 1k h/s using algo v1 would have the same reward as someone producing 5k h/s using v2 algo now.

Which is a shame, and we will be far more vigilant going forward.  It's just a shame it allowed some people to amass 20k coins in a day.

But yeah, big mines should not disadvantage little miners (except for the production of coin, and therefore the dilution of it's value I guess, urgh ... there is always something).
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