Glad to see the discussion about mining algorithims that I partially started took full form,
For this I feel Blake is good as an introduction for the many,
But as we progress, in order to invite even more miners, we should focus our efforts to develop an algorithm for all if there is enough consenus by the Decred blockchain. (CPU miners, GPU, ASICS, etc)
Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 527. (Read 1201599 times)
January 15, 2016, 01:38:06 AM
January 15, 2016, 01:31:53 AM
Another batch went out at about 5:30 PM CST (01/15/16). Remember to check your spam if you haven't received an invite yet.
January 15, 2016, 01:27:37 AM
what is the best miner for gtx 780?
ccminer 1.5.78
January 15, 2016, 12:52:19 AM
Looks like the world is ready for Decred. The latest bitcoin drama is a testament to this fact.
If BTC had decentralized governance built in to the blockchain, it wouldn't have lost itself as it has recently.
If BTC had decentralized governance built in to the blockchain, it wouldn't have lost itself as it has recently.
January 15, 2016, 12:38:34 AM
what is the best miner for gtx 780?
January 15, 2016, 12:29:58 AM
Got my confirmation! Thanks dev!!!
January 14, 2016, 09:42:24 PM
Got my airdrop confirmation two...rsrsr...thanks devs!
January 14, 2016, 09:19:19 PM
Got my airdrop confirmation...thanks devs!
January 14, 2016, 08:54:49 PM
Sweet! Just got my Airdrop Confirmation, made my address and registered it. Now to sit back and wait.
January 14, 2016, 08:50:01 PM
we will work to change the future! 
January 14, 2016, 02:46:16 PM
ASIC promotes HEAVY centralization tho ... huge farms and so called cloud hashing 
In my opinion mining should at ALL times be possible on (cpus, gpus, fpgas and asics).
How to achieve that?
Multi algo and THE WILL to adjust these algos as needed to preserve the corresponding hardware.
regarding botnets and cpu algo: limit it to mine for 24h only by asking a captcha
(or better yet ~20h to vary the time even more)
In my opinion mining should at ALL times be possible on (cpus, gpus, fpgas and asics).
How to achieve that?
Multi algo and THE WILL to adjust these algos as needed to preserve the corresponding hardware.
regarding botnets and cpu algo: limit it to mine for 24h only by asking a captcha
(or better yet ~20h to vary the time even more)
captcha isn't a long term solution to identifying humans and robots. http://singularityhub.com/2012/08/28/artificial-intelligence-will-defeat-captcha-how-will-we-prove-were-human-then/
Changing algos might work to reduce the likelihood of building ASICs but that's a human decision making process and subject to either bad decisions or pre-meditated decisions that offer massive payoffs to those that know it's coming.
ASICs are inevitable if a token is successful and valuable.
January 14, 2016, 02:37:28 PM
ASIC promotes HEAVY centralization tho ... huge farms and so called cloud hashing
In my opinion mining should at ALL times be possible on (cpus, gpus, fpgas and asics).
How to achieve that?
Multi algo and THE WILL to adjust these algos as needed to preserve the corresponding hardware.
regarding botnets and cpu algo: limit it to mine for 24h only by asking a captcha
(or better yet ~20h to vary the time even more)
In my opinion mining should at ALL times be possible on (cpus, gpus, fpgas and asics).
How to achieve that?
Multi algo and THE WILL to adjust these algos as needed to preserve the corresponding hardware.
regarding botnets and cpu algo: limit it to mine for 24h only by asking a captcha
(or better yet ~20h to vary the time even more)
January 14, 2016, 02:27:59 PM
Nice to see the project is still alive and progressing well with the dev team. How are you getting funds for the coin? How many devs working on? I would like to do something for the coin. I'm very much interested after noticing the long standing development and involvement the coin has got.
January 14, 2016, 02:19:59 PM
Blake256 is a good choice IMHO
January 14, 2016, 02:16:57 PM
asic resistant algo, Neoscrypt. However no need to advise the devs, they way smarter us and know exactly what they are doing. Decred is in safe hands.
if feathercoin got to 5 dollars a coin a neoscrypt asic would be on the market tomorrow
January 14, 2016, 01:27:29 PM
Iam really excited for the launch and the concepts from this coin
and amazed how long the coin was developed
I hope it will blow all shitcoins away.
and amazed how long the coin was developed
I hope it will blow all shitcoins away.
January 14, 2016, 01:24:34 PM
asic resistant algo, Neoscrypt. However no need to advise the devs, they way smarter us and know exactly what they are doing. Decred is in safe hands.
dont sell us all short lots of 98th percentiles in this thread
January 14, 2016, 01:20:33 PM
asic resistant algo, Neoscrypt. However no need to advise the devs, they way smarter us and know exactly what they are doing. Decred is in safe hands.
Neoscrypt is very memory intensive. Coins that utilize algorithms like this actually encourage centralization because botnets usually dominate the mining scene.
GPU farms / FPGA farms are much harder to come by than CPU farms (botnets).
Blake-256 is VERY fast on the gpu, and most people (at least in this community) do have at least one gpu they can mine with.
Decred will not be dominated by botnets but by the people who wish to support the network.
Being "asic resistant" isn't a good thing. It's actually quite the opposite.
Any coin that will reach the success levels of BTC at some point in the future (whether that be in a year or ten years) will have asics developed.
It is a necessary evil to provide the level of network security required for a huge market cap / real world uses.
Any algorithm is technically "asic resistant" when one considers the development/implementation costs of creating asic technology.
Asics for blake-256 will come if/when the ecosystem can ever support this level of expenditure, but when they do, they should be cheap and efficient.
January 14, 2016, 12:59:22 PM
asic resistant algo, Neoscrypt. However no need to advise the devs, they way smarter us and know exactly what they are doing. Decred is in safe hands.
January 14, 2016, 12:58:29 PM
@MickGhee
I like your post.
I do think the dev team is thinking very long term with with Decred, which could have been why they went with blake-256 rather than trying to have an algo without a distinct advantage for gpu miners.
If this is a success, asics will be developed.
Blake-256 asics are CHEAP to develop/implement comparatively speaking.
Huge hashpower in the future will help solidify Decred's place in crypto history as well as providing a highly secure environment for future applications utilizing the Decred blockchain.
I like your post.
I do think the dev team is thinking very long term with with Decred, which could have been why they went with blake-256 rather than trying to have an algo without a distinct advantage for gpu miners.
If this is a success, asics will be developed.
Blake-256 asics are CHEAP to develop/implement comparatively speaking.
Huge hashpower in the future will help solidify Decred's place in crypto history as well as providing a highly secure environment for future applications utilizing the Decred blockchain.
I definitely agree it looks like they planned this so that the gpu will remain dominate allowing for more users and less centralization. and Blake asics would take time i think to develop but if there is profit to be had it will get done
everyone thought Scrypt Asics would be very hard and very exspensive and now u can get a GH for like ~2000 usd and blake is much more easy to "port" (for lack of a better word) to asics
Jump to: