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Topic: [ANN] [XDAG] New Community-based Cryptocurrency - First Mineable DAG ! - page 15. (Read 75601 times)

sr. member
Activity: 578
Merit: 250
After mining for awhile, it seems like Nvidia cards work best for mining this coin.  Been getting 1000-1100 MH/s on a single GTX 1080.  So far, BBX has been working pretty nicely as well as OTC for trades, but are there any plans to get listed on more exchanges?
member
Activity: 952
Merit: 17
raskul
thanks... do somebody know what a vega56 gets for a hashrate ?

probably around 500-600Mh/s

you can also join s2n pool support channel here:
https://discord.gg/Krdt8ER
member
Activity: 952
Merit: 17
raskul
thanks... do somebody know what a vega56 gets for a hashrate ?

probably around 500-600Mh/s
jr. member
Activity: 46
Merit: 1
thanks... do somebody know what a vega56 gets for a hashrate ?
member
Activity: 952
Merit: 17
raskul
Hey guys i have a question... what algorythm do XDag Mining uses ? Ethash, CryptoNight or what else ?

double-sha256

welcome to best pool

https://xdag.signal2noi.se

0% pool fee
20% block finder reward
10% block contributor reward
1% community fund fee


feeling lucky!?

We are now accepting mining connections on port 13655 and 443
-p pool1.xdag.signal2noi.se:13655
-p pool1.xdag.signal2noi.se:443
jr. member
Activity: 46
Merit: 1
Hey guys i have a question... what algorythm do XDag Mining uses ? Ethash, CryptoNight or what else ?
jr. member
Activity: 107
Merit: 1
Miners, https://xdagpool.com and https://pool2.xdagpool.com were upgraded to new version of xdag, 0.2.4. Try it out, pool settings of 1%-0%-0%-1% bring the most consistent payouts for any miner, happy mining! Smiley

The pools run on a very fast reliable server. https://pool3.xdagpool.com will be updated soon.
newbie
Activity: 84
Merit: 0
Oh, community is intelligent, not dreaming about lambos.I'm certain about that.And on exchange can be dumped under price, which is now, in bear market.
member
Activity: 952
Merit: 17
raskul
Can anyone tell me Where can I read new information about the progress of work on the coin XDAG?

there is no progress. Just pump and dump.
newbie
Activity: 98
Merit: 0
Can anyone tell me Where can I read new information about the progress of work on the coin XDAG?
member
Activity: 952
Merit: 17
raskul

DAG is not a new concept, it's a simple database which creates branches within a Direct Acyclic Graph. This method has been used for internet databases for over 10 years. This coin, where proclaiming to be 'the first mineable DAG' is actually not Full DAG - due to the trimming of branches of the initial DAG to enable PoW using the DNET transport layer (which in itself is a major flaw - DNET is typically designed for local networks and is one of the reasons that XDAG is so prone to collapse.)

It will be impossible to produce smart contracts on the DNET structure. It will also be impossible to allow any more than around 34,000 tx's per second on the entire network. The reasons that pools and the block explorer crashes so often is that the network is incapable of dealing with a large amount of transactions per block (due to the branch trimming to allow DNET)

so, in essense, XDAG is not a DAG mineable coin, it's just a variated blockchain built on a DNET local network.


thanks for the reply ! i see.
do you believe that code can be updated/fixed so many if not all of these flaws can be corrected or its wrong by design and thus sooner or later it will crash ?
can someone of the dev team reply to these arguments?

all is not lost!
It is my belief that the coin will need a hard fork, removal of the transport layer and re-ignition on a new algo.

I have been mining xdag since early February and had great hopes for the coin, still, i think it's salvageable, but not without the aforementioned requirements being met. The fact remains that there is a huge development fund, and the current devs, instead of fixing the issues, continue to build upon the problematic base layers.

I left the 'community' after quickly seeing through the silence when issues arose and continued 'everything is ok' - when it clearly is not.

A simple fix is a hard fork to a new algo, add tx fees and replace DNET.
perhaps they have left it too long for that now the price has been pumped to silly levels?

who knows...

Well, going through the source code, I believe that the DNET stuff can be fixed in about a week, and then it would require some extended testing, which might actually take longer than the fix itself. For sure it is somewhat limiting the project at the moment, but its far from being unmanageable. I have seen much worse with coins that sell for much more. The source is compact and mostly easy to follow, but still a good idea would be to move the project to stl (I think this should be done along with the DNET fix). This would make it much easier to manage and develop, but would require the development team members to be comfortable with the c++xx stuff (this is usually a party breaker). Introducing a (small) transaction fee is essential to stop abuse/attacks, some people do it just for fun. Introducing some minimum payout to the pools would also reduce the traffic (about 1-10 XDAG).

I just might start all that work myself ... cheers




these are all points i've been putting towards the dev team for months. good luck in not getting banned from their chat for suggesting it!

if you want to mine it in the meantime, i work as support for

http://xdag.signal2noi.se

our friendly and informative discord support channel can be found here:

https://discord.gg/9PRuAXG
member
Activity: 252
Merit: 12
I like xdag and I bought some from the change.
But I think the dev teem should boost the speed!
We need more developing guys joining in the community!
newbie
Activity: 2
Merit: 0

DAG is not a new concept, it's a simple database which creates branches within a Direct Acyclic Graph. This method has been used for internet databases for over 10 years. This coin, where proclaiming to be 'the first mineable DAG' is actually not Full DAG - due to the trimming of branches of the initial DAG to enable PoW using the DNET transport layer (which in itself is a major flaw - DNET is typically designed for local networks and is one of the reasons that XDAG is so prone to collapse.)

It will be impossible to produce smart contracts on the DNET structure. It will also be impossible to allow any more than around 34,000 tx's per second on the entire network. The reasons that pools and the block explorer crashes so often is that the network is incapable of dealing with a large amount of transactions per block (due to the branch trimming to allow DNET)

so, in essense, XDAG is not a DAG mineable coin, it's just a variated blockchain built on a DNET local network.


thanks for the reply ! i see.
do you believe that code can be updated/fixed so many if not all of these flaws can be corrected or its wrong by design and thus sooner or later it will crash ?
can someone of the dev team reply to these arguments?

all is not lost!
It is my belief that the coin will need a hard fork, removal of the transport layer and re-ignition on a new algo.

I have been mining xdag since early February and had great hopes for the coin, still, i think it's salvageable, but not without the aforementioned requirements being met. The fact remains that there is a huge development fund, and the current devs, instead of fixing the issues, continue to build upon the problematic base layers.

I left the 'community' after quickly seeing through the silence when issues arose and continued 'everything is ok' - when it clearly is not.

A simple fix is a hard fork to a new algo, add tx fees and replace DNET.
perhaps they have left it too long for that now the price has been pumped to silly levels?

who knows...

Well, going through the source code, I believe that the DNET stuff can be fixed in about a week, and then it would require some extended testing, which might actually take longer than the fix itself. For sure it is somewhat limiting the project at the moment, but its far from being unmanageable. I have seen much worse with coins that sell for much more. The source is compact and mostly easy to follow, but still a good idea would be to move the project to stl (I think this should be done along with the DNET fix). This would make it much easier to manage and develop, but would require the development team members to be comfortable with the c++xx stuff (this is usually a party breaker). Introducing a (small) transaction fee is essential to stop abuse/attacks, some people do it just for fun. Introducing some minimum payout to the pools would also reduce the traffic (about 1-10 XDAG).

I just might start all that work myself ... cheers


member
Activity: 952
Merit: 17
raskul

DAG is not a new concept, it's a simple database which creates branches within a Direct Acyclic Graph. This method has been used for internet databases for over 10 years. This coin, where proclaiming to be 'the first mineable DAG' is actually not Full DAG - due to the trimming of branches of the initial DAG to enable PoW using the DNET transport layer (which in itself is a major flaw - DNET is typically designed for local networks and is one of the reasons that XDAG is so prone to collapse.)

It will be impossible to produce smart contracts on the DNET structure. It will also be impossible to allow any more than around 34,000 tx's per second on the entire network. The reasons that pools and the block explorer crashes so often is that the network is incapable of dealing with a large amount of transactions per block (due to the branch trimming to allow DNET)

so, in essense, XDAG is not a DAG mineable coin, it's just a variated blockchain built on a DNET local network.


thanks for the reply ! i see.
do you believe that code can be updated/fixed so many if not all of these flaws can be corrected or its wrong by design and thus sooner or later it will crash ?
can someone of the dev team reply to these arguments?

all is not lost!
It is my belief that the coin will need a hard fork, removal of the transport layer and re-ignition on a new algo.

I have been mining xdag since early February and had great hopes for the coin, still, i think it's salvageable, but not without the aforementioned requirements being met. The fact remains that there is a huge development fund, and the current devs, instead of fixing the issues, continue to build upon the problematic base layers.

I left the 'community' after quickly seeing through the silence when issues arose and continued 'everything is ok' - when it clearly is not.

A simple fix is a hard fork to a new algo, add tx fees and replace DNET.
perhaps they have left it too long for that now the price has been pumped to silly levels?

who knows...
full member
Activity: 670
Merit: 130

DAG is not a new concept, it's a simple database which creates branches within a Direct Acyclic Graph. This method has been used for internet databases for over 10 years. This coin, where proclaiming to be 'the first mineable DAG' is actually not Full DAG - due to the trimming of branches of the initial DAG to enable PoW using the DNET transport layer (which in itself is a major flaw - DNET is typically designed for local networks and is one of the reasons that XDAG is so prone to collapse.)

It will be impossible to produce smart contracts on the DNET structure. It will also be impossible to allow any more than around 34,000 tx's per second on the entire network. The reasons that pools and the block explorer crashes so often is that the network is incapable of dealing with a large amount of transactions per block (due to the branch trimming to allow DNET)

so, in essense, XDAG is not a DAG mineable coin, it's just a variated blockchain built on a DNET local network.


thanks for the reply ! i see.
do you believe that code can be updated/fixed so many if not all of these flaws can be corrected or its wrong by design and thus sooner or later it will crash ?
can someone of the dev team reply to these arguments?
member
Activity: 952
Merit: 17
raskul
What is your problem?

you keep asking this. I think you'll find that i am pointing out severe problems with the coin, which you continually rebutt towards them being my problem.

So, I shall reiterate... the issues with xdag are not my problem, I am simply pointing them out in case people think it's worth investing in  Cool



elaborate please.

DAG is not a new concept, it's a simple database which creates branches within a Direct Acyclic Graph. This method has been used for internet databases for over 10 years. This coin, where proclaiming to be 'the first mineable DAG' is actually not Full DAG - due to the trimming of branches of the initial DAG to enable PoW using the DNET transport layer (which in itself is a major flaw - DNET is typically designed for local networks and is one of the reasons that XDAG is so prone to collapse.)

It will be impossible to produce smart contracts on the DNET structure. It will also be impossible to allow any more than around 34,000 tx's per second on the entire network. The reasons that pools and the block explorer crashes so often is that the network is incapable of dealing with a large amount of transactions per block (due to the branch trimming to allow DNET)

so, in essense, XDAG is not a DAG mineable coin, it's just a variated blockchain built on a DNET local network.

full member
Activity: 670
Merit: 130
What is your problem?

you keep asking this. I think you'll find that i am pointing out severe problems with the coin, which you continually rebutt towards them being my problem.

So, I shall reiterate... the issues with xdag are not my problem, I am simply pointing them out in case people think it's worth investing in  Cool



elaborate please.
member
Activity: 952
Merit: 17
raskul
What is your problem?

you keep asking this. I think you'll find that i am pointing out severe problems with the coin, which you continually rebutt towards them being my problem.

So, I shall reiterate... the issues with xdag are not my problem, I am simply pointing them out in case people think it's worth investing in  Cool

jr. member
Activity: 133
Merit: 7
I think this is a good idea. But, Can you please give me more details and how does this really work?
Do you mean: "how the coin works"?

they call it a DAG, but branches of the network are pruned in mining due to the incapable transport layer, so it's not really DAG, it's just a standard blockchain made up in a centralized manner and based on a local network transport layer called DNET.
It is not a blockchain. What is your problem?
member
Activity: 952
Merit: 17
raskul
I think this is a good idea. But, Can you please give me more details and how does this really work?

XDAG! "The first mineable DAG"

they call it a DAG, but branches of the network are pruned in mining due to the incapable transport layer, so it's not really DAG, it's just a standard blockchain made up in a centralized manner and based on a local network transport layer called DNET.

it's all a bit shit, really. Should never really have been open source. Some bank or other would have made a fortune out of it.
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