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Topic: [ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining - page 523. (Read 914323 times)

member
Activity: 98
Merit: 10
Bitbahia.com
Maxcoin to the moon...  Grin
sr. member
Activity: 252
Merit: 250
Coin Developer - CrunchPool.com operator
just another altcoin   Huh

Not necessarily, this will be an alt-coin which;

a) Claims to be Sha-256 ASIC and proposed Scrypt-ASIC resistant. Meaning initally CPU with GPU potential.
It's not asic-resistant. Of course you can't mine with other asics.. duh! same goes for any coin that uses anything different from sha256 or scrypt. But SHA3= FAIL!  botnets will own it, and if it ever becomes popular, asics will rape gpus and cpus.

Max Keiser is putting his reputation on the line with this one
Lol.. I think his "reputation" won't change a bit
jr. member
Activity: 47
Merit: 25
ggwp
I want to buy it, any offers?
newbie
Activity: 32
Merit: 0
What miner can i use?
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
Do not release separate miner at first, only the wallets. Hard to run the wallet on an infected PC without the user realizing. Problem solved?

Wallet mining = mining for hours with zero results for everybody except those with top level Xeon and overclocked i7 CPUs.

Wallet mining = unfair!

Not true, my older core2duos do find blocks once in a while. But yes, overclocked i7 4770K is the master.

member
Activity: 76
Merit: 10
Want to buy 1 btc of this
legendary
Activity: 1008
Merit: 1000
GigTricks.io | A CRYPTO ECOSYSTEM FOR ON-DEMAND EC
I hope your nice project succeeds. But i guess there will be the BIGGEST pump.

hero member
Activity: 532
Merit: 500
That's a good idea, and keeps it more simple for newbies like myself Smiley

Wallet and miner all in one.

You do realise that is exactly what they are doing. The miner will be integrated with the wallet GUI. I'd like to think they are savvy enough to acknowledge the risk to botnets...
hero member
Activity: 966
Merit: 1003
Does autoexec.bat work with this coin?
sr. member
Activity: 565
Merit: 316
That's a good idea, and keeps it more simple for newbies like myself Smiley

Wallet and miner all in one.

Just practice with a coin like Frozen and then maybe LeadCoin before launch.
USB miners will be a while but get yourself a minepeon raspberry PI rig and have a play with that.

It is fair that people who have messed around with command lines and conf files for a while get a head start!  Cheesy
sr. member
Activity: 565
Merit: 316
This will be great!  Grin

It's cool that we will see the three phases of Bitcoin speeded up with this one.
People moan about botnets but coins like quark and frozen get along quite happily.
Then, pretty soon after launch we will see cgminer kick in.
Next, we will see an FPGA quickly followed by ASIC phase.

I don't see what the problem is!  Grin
hero member
Activity: 521
Merit: 500
UFO
Max Keiser is putting his reputation on the line with this one
newbie
Activity: 35
Merit: 0
That's a good idea, and keeps it more simple for newbies like myself Smiley

Wallet and miner all in one.
hero member
Activity: 966
Merit: 1003
Do not release separate miner at first, only the wallets. Hard to run the wallet on an infected PC without the user realizing. Problem solved?
newbie
Activity: 8
Merit: 0
I understand the dev team and other ppl involved in maxcoin are probably very busy, but their radio silence on this thread regarding important questions (especially the botnets issue) does not seem like a very good PR strategy
hero member
Activity: 644
Merit: 500
P2P The Planet!
get ready for the biggest pump and dump in history.
member
Activity: 72
Merit: 10
Haha I was waiting for the day Max got his own coin.  Grin

Count me in.
hero member
Activity: 532
Merit: 500
just another altcoin   Huh

Not necessarily, this will be an alt-coin which;

a) Claims to be Sha-256 ASIC and proposed Scrypt-ASIC resistant. Meaning initally CPU with GPU potential.

b) Crucially comes with a critical mass. Max has a loyal following who will be eager to at least give this a go.

c) Will be heavily scrutinised by such followers and anyone else that follows his show, so integrity will be key here.

d) Max himself is reinvesting in this to ensure a cottage industry of fair financial services are supported.

e) Amusingly from a marketing standpoint I do not know why when people release alt-coins naming them isn't considered more seriously w.r.t. longetivity. Can you see people rolling the name off the tongue without cringing? Maxcoin/Bitcoin/Litecoin do uphold this principle.

I will certainly follow this and hope it becomes more than a fad/experiment, plus I like his show. He does go off the deep end occasionally and enjoys a good rant, and I did not like the way he handled Quark coins the other week, but he is pretty much on the money most of the time. He's definitely super smart and it's certainly hilarious to watch the videos from around the financial collapse where he rips into Goldman Sachs before his reputation became known well enough for them to refuse to be on a show with him. He knew the subject a lot better than they did and exposed their fraud to a far greater audience. I just hope his heart and head are in the right place with this.

full member
Activity: 182
Merit: 100
i thought the price market was . based on BTC/USD capitalizacion .. so if from the begining start with 1 millon of coins premined.. the price will be high?  this have no sense..
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
Those who own large botnets or server CPU farms will be the biggest winners with maxcoin.

This is the reason why I might not mine this coin. I'd if they changed the algorithm to Scrypt or even Scrypt-Jane.
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