Topic: [ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining - page 434. (Read 914218 times)

Better prepare my droplets for tonight.

Edit: Or maybe not. Seems people developed an insane GPU miner..

From the official cgminer thread on Bitcointalk:


Quote from: ress on Today at 12:38:12 PM
"Is there any chance that Keccak (SHA3) mining will work on AMD GPUs?  Smiley"

ckolivas
None.


https://bitcointalksearch.org/topic/m.4971905

for questions about GPU mining you should read that Cudaminer topic
and guys ATI will have cgminer updated soon if not already so don't worry about that.
I have an ATI 7950 i wanna try using too as well as some cpu miners i want to run also.

i am just trying to make sure FUD is not being spread.. FEAR, Doubt and uncertainty.

this is like any other coin.. they launch it and what happens happens.. this is nothing new
i have seen a lot of comments saying so many crazy negative things and its silly nonsense.

relax and wait and when its released choose how you want to mine it and have fun.. don't worry about it
Since we're all first in line even if your a little guy you should do ok mining..
For example when ADT was released i mined that with a Nvidia 550Ti and i made like 15 million coins in a few days
and when i said that later people were shocked and were like.. how did you get so much ? easy difficulty that is how lol
So seriously don't sweat it.. i see nothing unfair going on in the slightest and if i did ? i would scream it loud and clear..
i am known for that lol

from experience with animecoin that used anime algo, solo mining from the wallet is a lot slower than a compiled minerd.

i'm pretty sure it will be the same with maxcoin.

So you can mine with CPU or GPU after the first nether vortex grazityz forkwell? Im assuming GPU mining will grant a larger yield, is this correct?

i examined the code closely by using Beyond Compare and there is not much changes as i said earlier and was swiftly ignored
(and told i was full of shit)

i have already stated many time the code (leaked) is nothing more than an exact copy of
Neisklar's Github hosted cpu miner code posted on the Quark ANN topic.
And what was changed was all other algo's except SHA3 were deleted and a few lines of text were changed.. that is it.
This coin is a rip off of Securecoin / Quark etc and it offers no other feature that is new in any way what so ever
and is in no way any more fair than pretty much every other coin out there..
this is even worse than most other coins (scrypt) because this will be raped hard by CPU Botnets AND GPU's
and if it were scrypt CPU miner Botnets would not be viable at all..

so? skilled programmer will hack that code to mine faster than an average noob sets his CPU pool miner up :

So basically you got it to work on Keccak (SHA-3), you do know apparently the code has been slightly altered hence a fair launch

Thanks, Do you also know where the official CPU miner is? I just read on Reddit (http://www.reddit.com/r/maxcoinproject/comments/1x6k1z/maxcoin_specifications_important/)
that the CPU miner is released yesterday, still I don't see on on official channels, you know about it?

ps. Do you guys trust coins-e.com ? I'm hesitated to fund some BTC on there..

so that post i made about the pools didn't interest you huh ?

As if who gives a shxt whether you care or not.

Starting Algorithm: Keccak (SHA-3)
Total coins: 250,000,000
Block reward: 96 MaxCoin per block, halving every ~12 months with min reward of 1
Difficulty: Retargeting using Kimoto Gravity Well algorithm
Block time: 30 seconds
Cryptography Tech Spec
MaxCoin uses the Keccak (SHA-3) hashing algorithm for its Proof-of-Work. Keccak was selected as an alternative to the NSA designed SHA256 after a 5-year long competition held by the NIST and will be seen increasingly as the algorithm used in banking and other secure applications. A single round of Keccak is used, resulting in a 256 bit hash.
We have also implemented a provably-secure signing algorithm, EC-Schnorr. Every existing cryptocurrency uses the ECDSA algorithm, as chosen by Satoshi; whilst ECDSA is in common use and is secure, EC-Schnorr is provably more secure and is currently being recommended over it (https://www.enisa.europa.eu/activities/identity-and-trust/library/deliverables/algorithms-key-sizes-and-parameters-report/at_download/fullReport). Additionally, MaxCoin changes the elliptic curve utilised within the signing algorithms from a Koblitz curve, secp256k1, to a more secure psuedo-random one, secp256r1. The use of the latter curve is recommended almost universally - and the decision by Satoshi to use the former is one that is often queried in the Bitcoin world. One theory is that there are some speed advantages to using the Koblitz curve, but, the implementation used in Bitcoin (OpenSSL) does not make use of this optimisation and, thus, the result is reduced-security.
The cryptography choices within MaxCoin have been made to maximise security and, where possible, to minimise NSA influence. We have been advised throughout by the renowed cryptography expert Professor Nigel Smart (https://en.wikipedia.org/wiki/Nigel_Smart_(cryptographer)).
These changes also lay the foundation for some key features we're aiming to implement in MaxCoin over the coming months, so while they may currently appear uninteresting changes they pave the way for our future growth.
What do you mean by "Starting Algorithm"?
This is an issue of hardware miner resistance, such as ASICs. Keccak is the starting algorithm for MaxCoin and at this point in time no hardware miner currently exists. However, creating a Keccak ASIC is not impossible. Therefore, in order to protect against a hardware-miner future we are going to implement an "ASIC protection" feature into MaxCoin. This will work by allowing the blockchain to decide a new hashing algorithm for MaxCoin every x blocks. More specifically, the last authenticated transaction's hash is used to determine an integer and depending on this value an algorithm will be selected. This will mean hardware miners will find it difficult to create hardware in enough time to see profitable return. Purely for example, these could be:
x Algorithm 0 Keccak 1 Blake 2 Grostlx2 3 JH 4 Skein 5 Blake2 6 JH(Grostl) 7 Keccak+Blake
Difficulty & Distribution
MaxCoin will have a zero % premine, proven by the timestamps of the first blocks in a block explorer, and we have attempted to combat low-difficulty instamining with a fast retarget rate up until block 200. At block 200 the Kimoto Gravity Well implementation will take over the retargeting.
Mining is done via CPU at release (mining guides about to be released also on this subreddit), but a GPU miner will not be far away. We've seen some versions in the works already after we released CPUminer yesterday, and while we have not yet seen a working version, this is very unlikely to take long. We'll update all official channels with Keccak GPU miner once it is available. It's also worth noting that any GPU miner created will not work after the first algorithm switch takes place.

Thnx

omg that puppet is controlling that hand

Regular cudaminer has been updated to support SHA-3, sources are available, binaries will be available 30 minutes before launch (no guarantee the code is error-free and working at time of launch).

https://bitcointalksearch.org/topic/m.4971283

so i can just use reg cudaminer for this? or does it need to be altered?

nvr mnd i got it now

i'm not sure what your talking about either.. your just being a little dick and dog piling on me with the other losers
and now your back tracking LOL

Pro Tip: read what i wrote.. that would give you a hint to what i was talking about
funny how that works huh ?

Guess I forgot the   !

So, MaxCoin will be delayed til tomorrow?

here is another one of my Nvidia GPU's for testing and this one like the other is using ZERO % usage
i have not made ANY effort to test out the settings yet i wanted to run it and make sure it works.. i'll tweak the bat file later
oooh noes teh memetards showded me'z