Topic: [ANN][IPO] Numus (Pow/Pos - Scrypt-Jane) | Decentralized Exchange |Cloud Storage - page 8. (Read 19934 times)
April 03, 2014, 10:56:21 AM
We already have plans to set up a forum for discussion about Numus. Though we currently are working on translating our whitepaper to Chinese, Dutch, Japanese, Spanish and German before we do so.
April 03, 2014, 08:29:37 AM
Really excited about this!
Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
X11 currently does not currently have a wide variety of mining software supporting the algorithm to make it accessible to most. The mining software that are currently available seem to be inefficient and do not support NVIDIA GPU's. Although some may argue that most miners make use of AMD cards rather than NVIDIA, this goes against Numus' philosophy of accessibility. We want everyone regardless of hardware constraints to mine/make use of Numus right from the start.Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
What about upcoming ASIC's, which have the potential to push Scrypt (possibly Scrypt-Jane) coins difficulty to the stratosphere, making Numus mining non-accessible (yet again) for everyone except the few industrial datorhalls?
There aren't any yet, but that's not to say it can't be done. I thought I remember reading somewhere that ASICs for Scrypt-Jane are more feasible than for X11. Also, X11 supposedly runs a lot cooler.
I'm not an expert on these algorithms at all - I'd just like to see Numus use whichever algo that will make the greatest number of people adopt Numus. If they feel that is Scrypt-Jane then I trust their decision.
April 03, 2014, 08:19:37 AM
Really excited about this!
Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
X11 currently does not currently have a wide variety of mining software supporting the algorithm to make it accessible to most. The mining software that are currently available seem to be inefficient and do not support NVIDIA GPU's. Although some may argue that most miners make use of AMD cards rather than NVIDIA, this goes against Numus' philosophy of accessibility. We want everyone regardless of hardware constraints to mine/make use of Numus right from the start.Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
What about upcoming ASIC's, which have the potential to push Scrypt (possibly Scrypt-Jane) coins difficulty to the stratosphere, making Numus mining non-accessible (yet again) for everyone except the few industrial datorhalls?
There aren't any yet, but that's not to say it can't be done. I thought I remember reading somewhere that ASICs for Scrypt-Jane are more feasible than for X11. Also, X11 supposedly runs a lot cooler.
I'm not an expert on these algorithms at all - I'd just like to see Numus use whichever algo that will make the greatest number of people adopt Numus. If they feel that is Scrypt-Jane then I trust their decision.
April 03, 2014, 08:05:28 AM
Really excited about this!
Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
X11 currently does not currently have a wide variety of mining software supporting the algorithm to make it accessible to most. The mining software that are currently available seem to be inefficient and do not support NVIDIA GPU's. Although some may argue that most miners make use of AMD cards rather than NVIDIA, this goes against Numus' philosophy of accessibility. We want everyone regardless of hardware constraints to mine/make use of Numus right from the start.Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
What about upcoming ASIC's, which have the potential to push Scrypt (possibly Scrypt-Jane) coins difficulty to the stratosphere, making Numus mining non-accessible (yet again) for everyone except the few industrial datorhalls?
April 03, 2014, 07:51:44 AM
Really excited about this!
Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
X11 currently does not currently have a wide variety of mining software supporting the algorithm to make it accessible to most. The mining software that are currently available seem to be inefficient and do not support NVIDIA GPU's. Although some may argue that most miners make use of AMD cards rather than NVIDIA, this goes against Numus' philosophy of accessibility. We want everyone regardless of hardware constraints to mine/make use of Numus right from the start.Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
What about upcoming ASIC's, which have the potential to push Scrypt (possibly Scrypt-Jane) coins difficulty to the stratosphere, making Numus mining non-accessible (yet again) for everyone except the few industrial datorhalls?
April 03, 2014, 07:46:44 AM
Just wondering if you guys will put up your own forum.
Yeah we'd live to see a forum. April 03, 2014, 06:01:56 AM
Just wondering if you guys will put up your own forum.
Yeah we'd live to see a forum April 03, 2014, 02:38:28 AM
Just wondering if you guys will put up your own forum.
April 03, 2014, 12:57:00 AM
Are there also bounties for translators? 
Yes, in the near future we shall put up bounties for translators. April 03, 2014, 12:39:07 AM
do i understand correctly?:
premine is exactly 2.5% and that goes 100% to ipo?
the other 97.5% are available for mining?
Is this the distributionmodel or did i miss something?
edit: also you shouldn't be too concerned about the lotto and legality because if any government comes up and wants to ban it for that reason (i doubt they will) you can just integrate something that blocks the lotto for ip's from those states that don't like the lotto and everybody should be happy again.
Yes, the premine is exactly 2.5% of the 1 Billion NMS that will be minted and that goes fully to the IPO.premine is exactly 2.5% and that goes 100% to ipo?
the other 97.5% are available for mining?
Is this the distributionmodel or did i miss something?
edit: also you shouldn't be too concerned about the lotto and legality because if any government comes up and wants to ban it for that reason (i doubt they will) you can just integrate something that blocks the lotto for ip's from those states that don't like the lotto and everybody should be happy again.
The other 97.5% is the remaining amount which can be minted. As the proof-of-work minting decreases due to block halving as a result of the increased network hashrate the proof-of-stake minting will become a bigger factor in determining the supply. The supply will continue to increase up until the 1 Billion NMS hard cap.
April 02, 2014, 08:50:46 PM
do i understand correctly?:
premine is exactly 2.5% and that goes 100% to ipo?
the other 97.5% are available for mining?
Is this the distributionmodel or did i miss something?
edit: also you shouldn't be too concerned about the lotto and legality because if any government comes up and wants to ban it for that reason (i doubt they will) you can just integrate something that blocks the lotto for ip's from those states that don't like the lotto and everybody should be happy again.
premine is exactly 2.5% and that goes 100% to ipo?
the other 97.5% are available for mining?
Is this the distributionmodel or did i miss something?
edit: also you shouldn't be too concerned about the lotto and legality because if any government comes up and wants to ban it for that reason (i doubt they will) you can just integrate something that blocks the lotto for ip's from those states that don't like the lotto and everybody should be happy again.
April 02, 2014, 07:30:41 PM
Are there also bounties for translators?
April 02, 2014, 05:19:24 PM
Really excited about this!
Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
X11 currently does not currently have a wide variety of mining software supporting the algorithm to make it accessible to most. The mining software that are currently available seem to be inefficient and do not support NVIDIA GPU's. Although some may argue that most miners make use of AMD cards rather than NVIDIA, this goes against Numus' philosophy of accessibility. We want everyone regardless of hardware constraints to mine/make use of Numus right from the start. Numus, is it possible to consider changing the algorithm? Edgecoin recently decided to change their algorithm to X11 - that seems to be the one that everyone wants now (more than Scrypt-Jane).
April 02, 2014, 04:54:13 PM
Sent to escrow run by Anon136
TXid: a9b4a7064444b43b4514843865c4264b7a005b3a477030bd835dd2d21cdf23bc
1.084 BTC
Hi haqster99TXid: a9b4a7064444b43b4514843865c4264b7a005b3a477030bd835dd2d21cdf23bc
1.084 BTC
Your transaction has been confirmed. We have sent your Investor ID and Investor Key to Anon136.
Investor ID : 583903
You may use your Investor ID to view your investment and expected return on the public investor's list which can be found here : http://ipo.numus.org/investor/index.html. Take note that it may take up to 24 hours for the investor's list to be updated.
April 02, 2014, 03:55:43 PM
Sent to escrow run by Anon136
TXid: a9b4a7064444b43b4514843865c4264b7a005b3a477030bd835dd2d21cdf23bc
1.084 BTC
TXid: a9b4a7064444b43b4514843865c4264b7a005b3a477030bd835dd2d21cdf23bc
1.084 BTC
April 02, 2014, 03:00:49 PM
The ultimate solution would be to do something like Huntercoin and allow for multiple algorithms! Then we'd have IPO, POS, POW with X11 AND Scrypt-Jane, plus of course a built-in decentralized marketplace... who in the heck WOULDN'T be using Numus then?!
It would be different, I'm not sure what the Numus devs think about this, but it seems far too ambitious and cumbersome and also some might think of it as bloatware. April 02, 2014, 02:50:49 PM
The ultimate solution would be to do something like Huntercoin and allow for multiple algorithms! Then we'd have IPO, POS, POW with X11 AND Scrypt-Jane, plus of course a built-in decentralized marketplace... who in the heck WOULDN'T be using Numus then?!
April 02, 2014, 02:15:05 PM
Isn't there? I thought X11 had miners for AMD, NIVIDIA and CPU's. I also thought it was more efficient but from what I've heard of in the last few days it seems like its the exact opposite.
April 02, 2014, 12:50:15 PM
This is an interesting coin that really stands out from most of the others on the forum. Watching 
I've said this countless times about this coin, but it seems too many just label it as a scam without looking at anything what these guys posted just because it has an IPO. It's quite sad really. 
April 02, 2014, 11:35:42 AM
This is an interesting coin that really stands out from most of the others on the forum. Watching
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