[ANN] [XBIT] Xryptbit - Xryptclean Coming Soon!!! - page 28.

Xryptbit

newbie

Activity: 28

Merit: 0

Quote from: Amph on August 03, 2014, 02:23:57 AM

Quote from: hero18688 on August 02, 2014, 07:44:17 PM

Algo is Not nist5 ?

algo is qubit on disguise

Quote from: Xryptbit on August 02, 2014, 07:57:59 PM

Quote from: hero18688 on August 02, 2014, 07:44:17 PM

Algo is Not nist5 ?

No, it is not NIST5 (BLAKE - Grøstl - JH - Keccak - Skein). Our algo uses the following algorithms: Luffa, Cubehash, Shavite, Simd and Echo.

man your hash fuction is called qubit...learn to algo

We mentioned the algo is called Qubit on the first paragraph :
" Xryptbit is a new crytocurrency that uses the Qubit algorithm (Luffa,
Cubehash, Shavite, Simd and Echo) proving to be more secure and
energy efficient than X11/X13/X15 consuming 15-20% less power."

We have optimized the algos in this coin for a smooth mining experience. Thanks for pointing this out, we are open to any feedback that can help us deliver the community a quality coin.

Rebound Effect

newbie

Activity: 56

Merit: 0

Quote from: NathanJackson on August 02, 2014, 06:12:30 PM

Quote from: XryptbitDev on August 02, 2014, 06:06:34 PM

We have zero relation to the company 'Invictus Innovations'.
Sorry for any confusion!

Yes. What a coincidence! Cheesy

SCAM ALERT

Sammie Sna

member

Activity: 92

Merit: 10

X.Hope it's a nice job!

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: hero18688 on August 02, 2014, 07:44:17 PM

Algo is Not nist5 ?

algo is qubit on disguise

Quote from: Xryptbit on August 02, 2014, 07:57:59 PM

Quote from: hero18688 on August 02, 2014, 07:44:17 PM

Algo is Not nist5 ?

No, it is not NIST5 (BLAKE - Grøstl - JH - Keccak - Skein). Our algo uses the following algorithms: Luffa, Cubehash, Shavite, Simd and Echo.

man your hash fuction is called qubit...learn to algo

totoy

hero member

Activity: 623

Merit: 500

countdown?

Xryptbit

newbie

Activity: 28

Merit: 0

Quote from: bathrobehero on August 02, 2014, 11:59:22 PM

I wonder about that custom sgminer of yours since qubit is nothing new.

I worded custom sgminer wrong, we are going to compile qubit miner with our coins name and post the source on github.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

I wonder about that custom sgminer of yours since qubit is nothing new.

sixteendigits

sr. member

Activity: 462

Merit: 250

Quote from: Xryptbit on August 02, 2014, 10:19:40 PM

Quote from: djm34 on August 02, 2014, 09:40:49 PM

so you are going to use plain qubit Shocked

It'snt a new algo and it has already been ported to gpu (nvidia/amd)

The Xryptbit team never claimed this was a new algo nor that we had created it. We chose to use this algo after weeks of testing given the fact it gave us the best results.

Yes, but the algo you are choosing has an established name and has been used on other coins. If you are using qubit, say in the ANN that you can GPU mine using qubit algo. If you don't, then it looks like an attempt to confuse miners who don't know better in hopes they will setgenerate true while you happily GPU mine with lower difficulty.

halorose

sr. member

Activity: 422

Merit: 250

Energy Efficient coin,maybe you should dev a pure pos version. Roll Eyes

yellowduck2

hero member

Activity: 868

Merit: 1000

using same algo as deepcoin (qubit)

https://bitcointalksearch.org/topic/anndcn-deepcoin-secure-hashing-cpugpu-new-algo-no-premine-no-ipo-pow-667470

Nevertheless, it's good to see non x algo.

Xryptbit

newbie

Activity: 28

Merit: 0

Quote from: djm34 on August 02, 2014, 09:40:49 PM

so you are going to use plain qubit Shocked

It'snt a new algo and it has already been ported to gpu (nvidia/amd)

The Xryptbit team never claimed this was a new algo nor that we had created it. We chose to use this algo after weeks of testing given the fact it gave us the best results.

DougB62

hero member

Activity: 672

Merit: 500

Banned: For Your Protection

Quote from: djm34 on August 02, 2014, 09:40:49 PM

so you are going to use plain qubit Shocked

It'snt a new algo and it has already been ported to gpu (nvidia/amd)

Wow, man! You told them? I thought that was going to be a secret! lol!! Grin

djm34

legendary

Activity: 1400

Merit: 1050

so you are going to use plain qubit Shocked

It'snt a new algo and it has already been ported to gpu (nvidia/amd)

Xryptbit

newbie

Activity: 28

Merit: 0

Quote from: djm34 on August 02, 2014, 09:02:55 PM

Quote from: Xryptbit on August 02, 2014, 08:24:27 PM

Quote from: develCuy on August 02, 2014, 08:00:39 PM

I'm pretty interested on the "Energy Efficient" part of your coin, can you elaborate more about this specific point?

This algo consumes less power then x11,x13 & x15. Making this a very cpu/gpu friendly algo. Great for summer days Grin

I don't think so, these algo are really fast, low memory access, meaning they will run at full power...
They are power efficient (meaning all the ressource of the gpu is used for hashing and there is little time lost in accessing memory...)

Anyhow can you give the exact definition of your algo so that everybody has a fair launch.
(there is no reason to advantage amd over nvidia and the other way you just decide to disadvantage a minority.... )

Hello, please check the "Resources" Section in the main page, I have added information about each algo used for this coin.

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: Xryptbit on August 02, 2014, 08:24:27 PM

Quote from: develCuy on August 02, 2014, 08:00:39 PM

I'm pretty interested on the "Energy Efficient" part of your coin, can you elaborate more about this specific point?

This algo consumes less power then x11,x13 & x15. Making this a very cpu/gpu friendly algo. Great for summer days Grin

I don't think so, these algo are really fast, low memory access, meaning they will run at full power...
They are power efficient (meaning all the ressource of the gpu is used for hashing and there is little time lost in accessing memory...)

Anyhow can you give the exact definition of your algo so that everybody has a fair launch.
(there is no reason to advantage amd over nvidia and the other way you just decide to disadvantage a minority.... )

Xryptbit

newbie

Activity: 28

Merit: 0

Quote from: develCuy on August 02, 2014, 08:00:39 PM

I'm pretty interested on the "Energy Efficient" part of your coin, can you elaborate more about this specific point?

This algo consumes less power then x11,x13 & x15. Making this a very cpu/gpu friendly algo. Great for summer days Grin

develCuy

sr. member

Activity: 470

Merit: 350

I'm pretty interested on the "Energy Efficient" part of your coin, can you elaborate more about this specific point?

Xryptbit

newbie

Activity: 28

Merit: 0

Quote from: hero18688 on August 02, 2014, 07:44:17 PM

Algo is Not nist5 ?

No, it is not NIST5 (BLAKE - Grøstl - JH - Keccak - Skein). Our algo uses the following algorithms: Luffa, Cubehash, Shavite, Simd and Echo.

melfrecords

full member

Activity: 132

Merit: 100

Quote from: Xryptbit on August 02, 2014, 06:09:15 PM

Quote from: go6ooo1212 on August 02, 2014, 05:51:37 PM

Would you provide any detail about how to mine the coin ?

This coin can be mined only using your CPU/GPU, we will provide users with a custom version of sgminer on launch date

Keep the code for a hidden 2% fee of all workers to your personal address out of this custom version! please Wink

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: Xryptbit on August 02, 2014, 06:33:15 PM

Quote from: bathrobehero on August 02, 2014, 06:28:41 PM

Quote from: Xryptbit on August 02, 2014, 06:09:15 PM

Quote from: go6ooo1212 on August 02, 2014, 05:51:37 PM

Would you provide any detail about how to mine the coin ?

This coin can be mined only using your CPU/GPU, we will provide users with a custom version of sgminer on launch date

Will you also provide a ccminer fork?

Initially we are not planning to fork ccminer for this coin, however we will add this to future developments.

How different is this from qubit ?
So people mining with nvidia are screwed at launch ? nice... Roll Eyes

Can we get the correct definition of your algo, so that we can have your "futur developpement" done (by us) before launch ?

Topic: [ANN] [XBIT] Xryptbit - Xryptclean Coming Soon!!! - page 28. (Read 39323 times)