Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2150. (Read 9724017 times)

This is way beyond anything we did, I would love to see how far you have got, do you have the program or the simulator results, what  
sort of speeds were predicted, could you tell ?

Letstalkbitcoin blocksize discussion

Totally fascinating talk with Gavin and Peter Todd. Massive relief from bitciontalk sniping and trolling. Proper civilised engineering discussion between people of disparate points of view. Andreas Antonopolis there as well.

A lot of it's pretty technical but general gist still comes across.

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-217-the-bitcoin-block-size-discussion

I think it's more than likely to be developed by "parties" who have a large budget to spend on cryptographic equipment, like governments, and who don't necessarily factor the costs in the same way.

At that point you have the world mining with GPUs and governments/secret agencies being able to "outrun" the general public.

@oblox @Rux @UdjinM6
Thanks people for the info. Now I know and will keep an eye out for the coming payments to trickle in.
Nice links, will have them bookmarked for future references!

http://178.254.18.153/~pub/Darkcoin/masternode_payments_stats.html

Very interesting Sub-Ether. I've always known that an X11 asic was unlikely given the development costs and likely risk of ROI expectations being thwarted by ever faster GPUs hitting the market, but I've never seen the specifics spelt out like that. Thanks.

do not worry your payment will be there in 4 days and X hours

1st time is always the longest time of payment

Just make sure that your POS = 0

http://178.254.18.153/~pub/masternode_count.png
~2630 MNs

https://chainz.cryptoid.info/dash/#!overview
~550 blocks per day

2630 / 550 = ~4.8 days (i.e. 4 days and ~19 hours)

 

Hey all, I have put up a masternode to support the Dash network. Now, I was wondering, is there any general amount of payouts to each masternode on a weekly or monthly basis? What do other masternode owners see in terms of payouts? I've had my node running for a little more than 3 days without payouts so far, so I was just curious what others have experienced?

Also, I thought the voting for masternodes was over now? Should I look into the voting any more?
Thanks all for your help!

I have personally designed an X11 ASIC - well the RTL only, which can be used for either FPGA or ASIC implementation.  It includes a mechanism to account for variations in performance between each hash type.  Unfortunately the economics are just not there yet to get this turned into a layout.

Aha, ok now its perfectly clear.
it adds up 0.01 to the block reward and split in a way % to the miners and MNS / devs as voted...

OK so implicitly by using instantX we are increasing reward to that block and increase profit to the miners, MNs, and devs (+voted) in the same time!

Thnx all for the clarification!

I've used xpool.ca as well, and I agree that it's an excellent pool.  I used my old sha256 asic there, and being I have no interest in bitcoins or any other sha256 coin, I simply let xpool use the hash where it made the most DASH for me, no worries

To whoever asked about mining, meant to reply.. I use xpool.ca

Seems very good to me... Get a few Dash per week out of it

I know this has been asked before, but I don't recall the answer.

I have a masternode running on a vps with 2 cpus and 1 gb of memory

Will my masternode run like it should if I were to run a cpu miner (minerd) on both threads?  How about 1 thread?  Thanks for your opinions, I just don't want to make my masternode unusable

Short noob answer:- 'No'  

wow...

that one lengthty answer for a simple question, thanks. anyway i ask because i remember there some x11 asic miner news somewhere, but maybe its not so easy to create one and the cost of production prevent any sane developer  


thanks

A fair point to bring up occasionally but..
the question is rather, is it economically viable to design and build an asic machine for X11?

I designed some very tiny micro controllers and FPGA's in University for projects and we built a fast chip that could multiple two 4 bit numbers together.
You might think that its easy and can be done in 5 minutes, but it took days of involved boolean algebra, testing, errors, checking the faulty logic for latency overlap problems etc. Basically you can make any (speedy) function only from Nand gates and flip flops  but you will need very many of them and they are time consuming to setup.

So how long do you think it would take to design a logic circuit  to do 11 hashing algorithms from scratch ?!
The Sha256 maths on paper takes 16 minutes, and this is way more complicated.
https://youtu.be/y3dqhixzGVo

The months of development is not the killer issue though,
This is going to require a lot of logic in series and some of the hash functions will be quicker than others so you will have most of the circuit not doing anything for most of the time hence it will be costly to have relatively unused circuitry(more than common GPU's most likely)
You could optimize it of course in order to use some of the redundant circuit but this will bring in a new round of testing and errors (using the same part of an algorithm twice is risky as they may over lap-must be thoroughly tested)

So months down the line and 50k-100k later (investors getting nervous) drawing closer to an official release, you find that AMD have just released a new graphics card that is twice as quick as the last and Wolf0 has optimized the .bin again (TIA), thus quadrupling the hash rate so your promised pay back time has now gone up by 4, not such a hot seller on ebay any more.

And even if you get past all that, it has already been said that if there was an X11 asic machine developed, a fork could be taken immediately and now we have x12 instead and all that hard expensive work at the R&D labs for months was a complete waste of time (for this X11 coin anyway). Would any company take such a risk, with that in mind ?  (feathercoin done this already)

So do you take the first option, or do you go out and simply buy a few cheap Nvidia 750 ti's and wait for the next upgrades?

https://dashtalk.org/threads/x11-mining-optimisation-project.2584/page-6

Beer? Did someone say, beer?



woot

The Lightning network:

Bitcoin boilerplating for scaleability which shows how desperate things are getting: https://www.youtube.com/watch?v=8zVzw912wPo

Quite interesting in its own right though. Basically doing the same thing that Switch and Maestro do for fiat - buffer your transactions before they hit the bank clearing system so you can get away from the supermarket checkout queue quickly.

Gets complicated when you received the money off blockchain but want to spend it and have to "convince" the blockchain that you've really got it. (There's another boilerplate for that    )

https://www.youtube.com/watch?v=8zVzw912wPo

Of course...I'm also mining.

I think x11 asic miner is still no present. But maybe I'm wrong.