Topic: [ANN][GRA] Graincoin - PoW/PoS coin | Fast, secure | Version 1.6.2 Release - page 12. (Read 59081 times)

Quote from: bee7 on July 17, 2014, 12:02:48 PM

Sad news. Coinedup removed Grain markets. They asked to withdraw balances, but their Graincoin wallet is offline. I send the e-mail to make them solve the issue. However, I did not got a single response from Coinedup for all my previous requests, so let's see if this works this time.

Coinedup didn't play fair when they put the 100.000GRA withdraw limit. I think we need to move to another exchange but of course it's easier said than done.
We need to find some good marketing people that believe in Grain...
How's things going on the development front? Any new features coming up?

We are listed on swissex, so Coinedup removal is not a biggest problem. May be it is even an advantage, as their level of customer support is awful IMO. As for development, I am looking into other coins achievements and innovations to not invent the wheel from one hand and not to just copy-n-paste: we need some really unique innovation to push the Grain up. The main goal is to implement the anonymity, of course.

Also I am considering to switch the hashing function as someone proposed: the scrypt is very energy-inefficient in terms of GPU-mining compare to other existing algos, so I am in the process of testing different existing combinations to pick the most energy efficient, from one hand, and having questionable feasibility to be implemented in hard silicon in the nearest future, from the other hand.

As for the algos you're talking about something like X11?

Yes. I am not sure it would be exactly X11 as I did not make its performance/power consumption test yet. As the memory-intensive algorithms are not the barrier anymore for ASIC developers, I would prefer not to use anything memory-dependent that makes GPU mining two times more expensive according to my tests.

I think when the Algo get´s changed we need something really new to get the attention of the cryptomunity. I think the people dont really care about the enregy but are interested in everything new and i don´t know a coin using cuckoo cycle so i think it´s worth to take a look at.

As I mentioned, I would prefer to use a combination of hashing algorithms that do not require a lot of ram to compute a hash to keep it attractive to mine with the generic hardware. However, I agree that the hashing algorithm change should happen when something really new and significant is implemented.

fishy91

member

Activity: 63

Merit: 10

How long do we have left to transfer our coins from Coinedup to Swissex?

coinschaer

newbie

Activity: 24

Merit: 0

Quote from: bondi on July 17, 2014, 10:08:05 AM

Quote from: bondi on July 17, 2014, 10:08:05 AM

Sad news. Coinedup removed Grain markets. They asked to withdraw balances, but their Graincoin wallet is offline. I send the e-mail to make them solve the issue. However, I did not got a single response from Coinedup for all my previous requests, so let's see if this works this time.

Coinedup didn't play fair when they put the 100.000GRA withdraw limit. I think we need to move to another exchange but of course it's easier said than done.
We need to find some good marketing people that believe in Grain...
How's things going on the development front? Any new features coming up?

We are listed on swissex, so Coinedup removal is not a biggest problem. May be it is even an advantage, as their level of customer support is awful IMO. As for development, I am looking into other coins achievements and innovations to not invent the wheel from one hand and not to just copy-n-paste: we need some really unique innovation to push the Grain up. The main goal is to implement the anonymity, of course.

Also I am considering to switch the hashing function as someone proposed: the scrypt is very energy-inefficient in terms of GPU-mining compare to other existing algos, so I am in the process of testing different existing combinations to pick the most energy efficient, from one hand, and having questionable feasibility to be implemented in hard silicon in the nearest future, from the other hand.

As for the algos you're talking about something like X11?

Yes. I am not sure it would be exactly X11 as I did not make its performance/power consumption test yet. As the memory-intensive algorithms are not the barrier anymore for ASIC developers, I would prefer not to use anything memory-dependent that makes GPU mining two times more expensive according to my tests.

I think when the Algo get´s changed we need something really new to get the attention of the cryptomunity. I think the people dont really care about the enregy but are interested in everything new and i don´t know a coin using cuckoo cycle so i think it´s worth to take a look at.

bee7

hero member

Activity: 574

Merit: 523

Sad news. Coinedup removed Grain markets. They asked to withdraw balances, but their Graincoin wallet is offline. I send the e-mail to make them solve the issue. However, I did not got a single response from Coinedup for all my previous requests, so let's see if this works this time.

Coinedup didn't play fair when they put the 100.000GRA withdraw limit. I think we need to move to another exchange but of course it's easier said than done.
We need to find some good marketing people that believe in Grain...
How's things going on the development front? Any new features coming up?

We are listed on swissex, so Coinedup removal is not a biggest problem. May be it is even an advantage, as their level of customer support is awful IMO. As for development, I am looking into other coins achievements and innovations to not invent the wheel from one hand and not to just copy-n-paste: we need some really unique innovation to push the Grain up. The main goal is to implement the anonymity, of course.

Also I am considering to switch the hashing function as someone proposed: the scrypt is very energy-inefficient in terms of GPU-mining compare to other existing algos, so I am in the process of testing different existing combinations to pick the most energy efficient, from one hand, and having questionable feasibility to be implemented in hard silicon in the nearest future, from the other hand.

As for the algos you're talking about something like X11?

Yes. I am not sure it would be exactly X11 as I did not make its performance/power consumption test yet. As the memory-intensive algorithms are not the barrier anymore for ASIC developers, I would prefer not to use anything memory-dependent that makes GPU mining two times more expensive according to my tests.

bondi

sr. member

Activity: 348

Merit: 250

Sad news. Coinedup removed Grain markets. They asked to withdraw balances, but their Graincoin wallet is offline. I send the e-mail to make them solve the issue. However, I did not got a single response from Coinedup for all my previous requests, so let's see if this works this time.

Coinedup didn't play fair when they put the 100.000GRA withdraw limit. I think we need to move to another exchange but of course it's easier said than done.
We need to find some good marketing people that believe in Grain...
How's things going on the development front? Any new features coming up?

We are listed on swissex, so Coinedup removal is not a biggest problem. May be it is even an advantage, as their level of customer support is awful IMO. As for development, I am looking into other coins achievements and innovations to not invent the wheel from one hand and not to just copy-n-paste: we need some really unique innovation to push the Grain up. The main goal is to implement the anonymity, of course.

Also I am considering to switch the hashing function as someone proposed: the scrypt is very energy-inefficient in terms of GPU-mining compare to other existing algos, so I am in the process of testing different existing combinations to pick the most energy efficient, from one hand, and having questionable feasibility to be implemented in hard silicon in the nearest future, from the other hand.

As for the algos you're talking about something like X11?

bee7

hero member

Activity: 574

Merit: 523

Sad news. Coinedup removed Grain markets. They asked to withdraw balances, but their Graincoin wallet is offline. I send the e-mail to make them solve the issue. However, I did not got a single response from Coinedup for all my previous requests, so let's see if this works this time.

Coinedup didn't play fair when they put the 100.000GRA withdraw limit. I think we need to move to another exchange but of course it's easier said than done.
We need to find some good marketing people that believe in Grain...
How's things going on the development front? Any new features coming up?

We are listed on swissex, so Coinedup removal is not a biggest problem. May be it is even an advantage, as their level of customer support is awful IMO. As for development, I am looking into other coins achievements and innovations to not invent the wheel from one hand and not to just copy-n-paste: we need some really unique innovation to push the Grain up. The main goal is to implement the anonymity, of course.

Also I am considering to switch the hashing function as someone proposed: the scrypt is very energy-inefficient in terms of GPU-mining compare to other existing algos, so I am in the process of testing different existing combinations to pick the most energy efficient, from one hand, and having questionable feasibility to be implemented in hard silicon in the nearest future, from the other hand.

bondi

sr. member

Activity: 348

Merit: 250