[ANN][ELT] Electron, Blake-256 coin, merged mined - page 12.

BlueDragon747

legendary

Activity: 1509

Merit: 1030

Solutions Architect

Quote from: chiguireitor on May 25, 2014, 07:31:53 PM

Quote from: BlueDragon747 on May 25, 2014, 05:48:35 PM

Most devs just change PoW algo but using Blake-256 which is faster than SHA-256D I performance enhanced the whole wallet by about 3x its why so many can be merged on a server and why it has some compatibility issues with other coins especially the merkle root hash and checksums all Blake-256 vs most coins SHA-256D (PoW algo is just for work on most coins)

Is the signing algo different? AFAIK the slowest thing on the wallets is ECDSA so that should be the first thing to enhance if one is going to make wallets go faster.

The wallet is almost all Blake-256 the checksums are all Blake-256 and wallet uses that a lot for most of the block checking so yes faster yet offers about same security as Bitcoin due the the algo's structure e.g HAIFA

chiguireitor

legendary

Activity: 872

Merit: 1010

Coins, Games & Miners

Quote from: BlueDragon747 on May 25, 2014, 05:48:35 PM

Most devs just change PoW algo but using Blake-256 which is faster than SHA-256D I performance enhanced the whole wallet by about 3x its why so many can be merged on a server and why it has some compatibility issues with other coins especially the merkle root hash and checksums all Blake-256 vs most coins SHA-256D (PoW algo is just for work on most coins)

Is the signing algo different? AFAIK the slowest thing on the wallets is ECDSA so that should be the first thing to enhance if one is going to make wallets go faster.

chiguireitor

legendary

Activity: 872

Merit: 1010

Coins, Games & Miners

Nice addition....

Positive thing about merged mining: I was out visiting relatives and when i got home i've already had 10 ELT yay!

BlueDragon747

legendary

Activity: 1509

Merit: 1030

Solutions Architect

Quote from: Soul_eater_123 on May 25, 2014, 05:22:40 PM

Hefty is similar to "Heavy" (the algorithm in Heavy Coin) but it's not the same. Try mining Mjollnir with the "Heavy" miner and you will get all rejects - have to admit I made that mistake because they have such similar names.

Most devs just change PoW algo but using Blake-256 which is faster than SHA-256D I performance enhanced the whole wallet by about 3x its why so many can be merged on a server and why it has some compatibility issues with other coins especially the merkle root hash and checksums all Blake-256 vs most coins SHA-256D (PoW algo is just for work on most coins)

Soul_eater_123

legendary

Activity: 952

Merit: 1000

Quote from: SimkoMiner on May 25, 2014, 01:30:30 PM

Quote from: BlueDragon747 on May 25, 2014, 01:20:07 PM

Quote from: SimkoMiner on May 25, 2014, 01:12:55 PM

Don't take me wrong. Merge mining is fine idea. But why the hell are you adding just shitcoins without any added value. What do you expect of that? I think all miners would like to know what are the plans with these coins because at the end they need to pay electricity bills. Who is gonna buy those coins? I mine coins because it's a hobby (and have real cheap electricity), I make real profits by trading. So I mine whatever I want, one day Blake, another day Mjollnir, then BlackCoin and so on. I already realized long time ago that sticking my rig to one coin for longer period is in 90% pure loss unless you mine on some wafflepool and convert immediately to BTC. But mining altcoins directly and holding can be extremely profitable if that particular shitcoin skyrockets, but it's just pure gamble and most probably most people stick to wrong coins.

they are being bought and sold on the exchanges maybe you should look and I am happy to accept coins into the merge on these conditions: No premine No IPO

we will work together to make this a strong community one based on mutual aid, if you dont like it go mine something else

and of course like I said if you think you can do better then please show us all how its done with your own effort!

The merge mining is not an "idea" its reality and has taken months of hard work just to get this far Cry

Can you add MjollnirCoin? But it would have to change algo from Hefty to Blake if it's technically possible. Hefty was first time used by HeavyCoin. Also such cool algo (low temps). https://bitcointalksearch.org/topic/ann-mjollnircoin-mnr-ultra-secure-fast-transactions-asic-resistant-577437

Hefty is similar to "Heavy" (the algorithm in Heavy Coin) but it's not the same. Try mining Mjollnir with the "Heavy" miner and you will get all rejects - have to admit I made that mistake because they have such similar names.

Shadow_Runner

hero member

Activity: 574

Merit: 500

Quote from: fandexinse on May 25, 2014, 04:24:48 PM

{
"blocks" : 3112,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 6154.62690930,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 456320983295,
"pooledtx" : 0,
"testnet" : false
}

Undecided

Yeah.

{
"blocks" : 3158,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 8141.76233851,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 564697985818,
"pooledtx" : 0,
"testnet" : false
}

fandexinse

member

Activity: 66

Merit: 10

{
"blocks" : 3112,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 6154.62690930,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 456320983295,
"pooledtx" : 0,
"testnet" : false
}

Undecided

drumingspz

sr. member

Activity: 392

Merit: 250

Quote from: BlueDragon747 on May 25, 2014, 02:59:20 PM

Note on Pools:
ELT balance will be paid once they pass 480 maturity slight bug that it will show cleared sooner due to main chain of 140 I am working on a patch, just a heads up on that issue

I was wondering about that. Thanks for the heads up.

BlueDragon747

legendary

Activity: 1509

Merit: 1030

Solutions Architect

Note on Pools:
ELT balance will be paid once they pass 480 maturity slight bug that it will show cleared sooner due to main chain of 140 I am working on a patch, just a heads up on that issue

fandexinse

member

Activity: 66

Merit: 10

THX!

drumingspz

sr. member

Activity: 392

Merit: 250

Quote from: fandexinse on May 25, 2014, 02:05:08 PM

pools？

la1.blakecoin.com
ny2.blakecoin.com
eu3.blakecoin.com

fandexinse

member

Activity: 66

Merit: 10

pools？

drumingspz

sr. member

Activity: 392

Merit: 250

Got 10 blocks solo, now to the pool. Glad to see the merged mining is now working. Great job Blue!

SimkoMiner

hero member

Activity: 925

Merit: 1000

Why don't we create Blake clones of all those latest hyped coins with Proof of Steak, Anonymous, DarkSend and I don't know what other bullshit features? These current Blake coins are quite boring to be honest. As I am monitoring market and trading on Mintpal daily it's quite clear that the most profitable coins have always all latest features included. :-) Apparently every single stupid clone is able to gain some significant volume at least for couple of days till it's dumped to hell.

Shadow_Runner

hero member

Activity: 574

Merit: 500

Yeah. Glad to be with first miners. Mined some soloblocks. Maybe not so big amount, but still interesting.
Hope this coin will not die like others when Dev disappears and gives a shit about coin.

BlueDragon747

legendary

Activity: 1509

Merit: 1030

Solutions Architect

Quote from: SimkoMiner on May 25, 2014, 01:30:30 PM

Can you add MjollnirCoin? But it would have to change algo from Hefty to Blake if it's technically possible. Hefty was first time used by HeavyCoin. Also such cool algo (low temps). https://bitcointalksearch.org/topic/ann-mjollnircoin-mnr-ultra-secure-fast-transactions-asic-resistant-577437

haha its not that easy I used blake-256 thoughout the wallet thats why so many can be merged, the merkle gen in HeavyCoin is not same thus will not work

"technically possible" of course so easy you do it Wink

fandexinse

member

Activity: 66

Merit: 10

{
"blocks" : 2868,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 2009.71599888,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 238677385025,
"pooledtx" : 0,
"testnet" : false
}

Pretty amazing! Grin

electron-coin

full member

Activity: 521

Merit: 100

Quote from: SimkoMiner on May 25, 2014, 01:12:55 PM

Quote from: BlueDragon747 on May 25, 2014, 01:02:58 PM

Quote from: SimkoMiner on May 25, 2014, 12:55:02 PM

I wonder what drives some miners mine all these blake coins which have literally no value (yet). Soon we will be merge mining 100 coins which even won't be added to any exchange because they will not be worth adding. There is no innovation in those single coins other than ability of being merge mined (what apparently decreases their uniqueness and value). The merged mining technology is nice idea but we need to bring it to next level and think how to add value to these shitcoins. So far this seems to be just a a nice hobby for IT nerds who believe it's better to mine 5 shitcoins at the same time rather than 1 :-). But still 5 x 0 = 0.

Make a coin that does this and stop complaining

BLC, PHO, BBTC and Dirac are all on exchanges and so will this one!

0 value my ass go mine something else if you dont like it or make something better Undecided

Don't take me wrong. Merge mining is fine idea. But why the hell are you adding just shitcoins without any added value. What do you expect of that? I think all miners would like to know what are the plans with these coins because at the end they need to pay electricity bills. Who is gonna buy those coins? I mine coins because it's a hobby (and have real cheap electricity), I make real profits by trading. So I mine whatever I want, one day Blake, another day Mjollnir, then BlackCoin and so on. I already realized long time ago that sticking my rig to one coin for longer period is in 90% pure loss unless you mine on some wafflepool and convert immediately to BTC. But mining altcoins directly and holding can be extremely profitable if that particular shitcoin skyrockets, but it's just pure gamble and most probably most people stick to wrong coins.

I prefer to call them "fakecoins."
"Hey buddy, look! I have a million fakecoins. I am rich!"

SimkoMiner

hero member

Activity: 925

Merit: 1000

Quote from: BlueDragon747 on May 25, 2014, 01:20:07 PM

Quote from: SimkoMiner on May 25, 2014, 01:12:55 PM

Don't take me wrong. Merge mining is fine idea. But why the hell are you adding just shitcoins without any added value. What do you expect of that? I think all miners would like to know what are the plans with these coins because at the end they need to pay electricity bills. Who is gonna buy those coins? I mine coins because it's a hobby (and have real cheap electricity), I make real profits by trading. So I mine whatever I want, one day Blake, another day Mjollnir, then BlackCoin and so on. I already realized long time ago that sticking my rig to one coin for longer period is in 90% pure loss unless you mine on some wafflepool and convert immediately to BTC. But mining altcoins directly and holding can be extremely profitable if that particular shitcoin skyrockets, but it's just pure gamble and most probably most people stick to wrong coins.

they are being bought and sold on the exchanges maybe you should look and I am happy to accept coins into the merge on these conditions: No premine No IPO

we will work together to make this a strong community one based on mutual aid, if you dont like it go mine something else

and of course like I said if you think you can do better then please show us all how its done with your own effort!

The merge mining is not an "idea" its reality and has taken months of hard work just to get this far Cry

Can you add MjollnirCoin? But it would have to change algo from Hefty to Blake if it's technically possible. Hefty was first time used by HeavyCoin. Also such cool algo (low temps). https://bitcointalksearch.org/topic/ann-mjollnircoin-mnr-ultra-secure-fast-transactions-asic-resistant-577437

BlueDragon747

legendary

Activity: 1509

Merit: 1030

Solutions Architect

Quote from: SimkoMiner on May 25, 2014, 01:12:55 PM

Don't take me wrong. Merge mining is fine idea. But why the hell are you adding just shitcoins without any added value. What do you expect of that? I think all miners would like to know what are the plans with these coins because at the end they need to pay electricity bills. Who is gonna buy those coins? I mine coins because it's a hobby (and have real cheap electricity), I make real profits by trading. So I mine whatever I want, one day Blake, another day Mjollnir, then BlackCoin and so on. I already realized long time ago that sticking my rig to one coin for longer period is in 90% pure loss unless you mine on some wafflepool and convert immediately to BTC. But mining altcoins directly and holding can be extremely profitable if that particular shitcoin skyrockets, but it's just pure gamble and most probably most people stick to wrong coins.

they are being bought and sold on the exchanges maybe you should look and I am happy to accept coins into the merge on these conditions: No premine No IPO

we will work together to make this a strong community one based on mutual aid, if you dont like it go mine something else

and of course like I said if you think you can do better then please show us all how its done with your own effort!

The merge mining is not an "idea" its reality and has taken months of hard work just to get this far Cry

Topic: [ANN][ELT] Electron, Blake-256 coin, merged mined - page 12. (Read 56520 times)