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Topic: [ANN][SHC] ShinyCoin █First ever RAMHOG algo Pow/Pos █NO ASIC/GPU | Whitepaper - page 23. (Read 58457 times)

hero member
Activity: 616
Merit: 500
I'm in the final stages of testing the wallet RAM fix.  It will be a non-forking change, but I encourage everybody to update their nodes as soon as possible.  The github will be updated in a few hours.

The solution I found is to assign a hash-signing private key.  The node who owns this key verifies that the ramhog hash for a particular block is accurate, and then signs it.  Any node that trusts that key uses the signed hash instead of computing it itself.  All nodes propagate these signed hashes so that they are easily accessible.  The result will be that anybody can run a wallet without needing to run the ramhog algorithm.  This will also make sync times near-instant.  For the security of the network, I suggest that those who have the RAM not use the signed hashes, or perhaps only use them to sync and then let their wallet verify all the hashes itself. 

I will also hard-coded the genesis block info and the seed nodes in the OP and set the default to not run any ramhogthreads, so the average user can just download and run the binary without needing a special computer.  These nodes still fully validate all transactions as usual.  The only difference is they don't compute the proof-of-work hash themselves.

Laxori666, instacash, could you please recompile the Windows and Mac wallets once the source is posted?

Awesome work. So only if ramhogthreads=0, it will use the signed hashes?
member
Activity: 64
Merit: 10
Shinycoin developer
I'm in the final stages of testing the wallet RAM fix.  It will be a non-forking change, but I encourage everybody to update their nodes as soon as possible.  The github will be updated in a few hours.

The solution I found is to assign a hash-signing private key.  The node who owns this key verifies that the ramhog hash for a particular block is accurate, and then signs it.  Any node that trusts that key uses the signed hash instead of computing it itself.  All nodes propagate these signed hashes so that they are easily accessible.  The result will be that anybody can run a wallet without needing to run the ramhog algorithm.  This will also make sync times near-instant.  For the security of the network, I suggest that those who have the RAM not use the signed hashes, or perhaps only use them to sync and then let their wallet verify all the hashes itself. 

I will also hard-coded the genesis block info and the seed nodes in the OP and set the default to not run any ramhogthreads, so the average user can just download and run the binary without needing a special computer.  These nodes still fully validate all transactions as usual.  The only difference is they don't compute the proof-of-work hash themselves.

Laxori666, instacash, could you please recompile the Windows and Mac wallets once the source is posted?
newbie
Activity: 23
Merit: 0
Oh primer devalues coins and annoys their devs for a living.  Not surprised.

Remember primer says 1 BTC is far too cheap for 10k shiny, so at least he believes in the coin.
newbie
Activity: 42
Merit: 0
Oh primer devalues coins and annoys their devs for a living.  Not surprised.
legendary
Activity: 1092
Merit: 1000
Everybody looses interest in a coin when primer is involved. Just look at slimcoin for example, as soon as he opens his mouth people start dumping.

The problem with him is that he thinks his few ec2 instances are l33t but he forgets there are enough people here who have (free) University servers to maintain (like me) or are involved with folding projects (friends). Anyway he discourages the dev to keep developing and others simply loose interest because of him and will keep dumping the coin.

Idiot.
sr. member
Activity: 245
Merit: 250
Everybody looses interest in a coin when primer is involved. Just look at slimcoin for example, as soon as he opens his mouth people start dumping.

The problem with him is that he thinks his few ec2 instances are l33t but he forgets there are enough people here who have (free) University servers to maintain (like me) or are involved with folding projects (friends). Anyway he discourages the dev to keep developing and others simply loose interest because of him and will keep dumping the coin.
hero member
Activity: 781
Merit: 501
if everything stand up, 1000 SHC from my, stand up is as my last post.
legendary
Activity: 1092
Merit: 1000
How about everyone on this thread yell at primer to cheer sunny up.
I sent 5 SHC to cheer him up Smiley
newbie
Activity: 42
Merit: 0
How about everyone on this thread yell at primer to cheer sunny up.
hero member
Activity: 781
Merit: 501
calm down, man!

@sunnyprice: i think overall i agress with 7000years and other that you need a clear plan on promote this coin asap. No need to get exchange at this time, but priority:
- Domain/web page/twiter/re-design op page...
- Organize the team if possible to have strong back support for coin to grow. Fund may be from donation, we' willing to put some donation for Dev team.

Those parts make the coin,


member
Activity: 64
Merit: 10
Shinycoin developer
Dev not releasing fixes and updates on purpose ? He has got the most hash power at the pool :
http://106.3.225.46/worker/SRKTcvDg4yTsguFkv91dDtzRmGpp7RSAqb

I guess he wants more shiny before shitty wallet ram requirements are fixed...

I make a coin, I have a small stake of the coins after spending quite a bit on miners, and the accusation is that on purpose I'm not working on issues with the wallet and further development?  Why on earth would I want to make people not interested in the coin I developed?  Primer I hope you improve your infantile behavior which inlcudes your idiotic posts as well as your other gimmicks to block other people's mining as you likely own a fortune, likely multiples of my stake in Shiny and your bs is not helping anything, particularly for people's interest in the coin.  Its quite clear youre technically sophistocated..

Do you offer your help for anything on the coin? (no)
Do you try to block others from mining, including the pool? (no)
Do you waste your time with idiotic posts, which include saying you're done with the coin good luck with the dev many times? (yes)
I don't even understand what your interest in the coin is if you think I'm incompetent or otherwise manipulating things in my favor.  I seriously hope you change your act and can somehow contribute to the postive.

 
newbie
Activity: 13
Merit: 0
hahaha you're right, EVERYONE, attention please!!!

ALL miners, please stop minining ASAP, to allow diff drop off and Dev can get 1.000.000 SHC, so he can release the RAM issue fix.
Show some respect to Dev lol
Grin
newbie
Activity: 13
Merit: 0
legendary
Activity: 1092
Merit: 1000
Dev not releasing fixes and updates on purpose ? He has got the most hash power at the pool :
http://106.3.225.46/worker/SRKTcvDg4yTsguFkv91dDtzRmGpp7RSAqb

I guess he wants more shiny before shitty wallet ram requirements are fixed...
newbie
Activity: 56
Merit: 0
I was joking about selling of course, only a fool would sell 10,000 shinys for 1 BTC. This thread needs some drama...

For a moment I thought you gave up. Grin


I hope primer gave up shiny. That indicates it's easy to mine shiny for me.
newbie
Activity: 56
Merit: 0
How many satoshis will you accept?

1 nakamoto for 10,000 shinys, just for you taijiga

I was joking about selling of course, only a fool would sell 10,000 shinys for 1 BTC. This thread needs some drama...

 Grin  Really wanna buy some cheap Shiny.

Just mine and introduce drama from time to time to lower the difficulty.  Grin

you know what? it's too hard to mine shiny..
legendary
Activity: 1092
Merit: 1000
How many satoshis will you accept?

1 nakamoto for 10,000 shinys, just for you taijiga

I was joking about selling of course, only a fool would sell 10,000 shinys for 1 BTC. This thread needs some drama...

 Grin  Really wanna buy some cheap Shiny.

Just mine and introduce drama from time to time to lower the difficulty.  Grin
newbie
Activity: 56
Merit: 0
How many satoshis will you accept?

1 nakamoto for 10,000 shinys, just for you taijiga

I was joking about selling of course, only a fool would sell 10,000 shinys for 1 BTC. This thread needs some drama...

 Grin  Really wanna buy some cheap Shiny.
legendary
Activity: 1092
Merit: 1000
How many satoshis will you accept?

1 nakamoto for 10,000 shinys, just for you taijiga

I was joking about selling of course, only a fool would sell 10,000 shinys for 1 BTC. This thread needs some drama...
newbie
Activity: 56
Merit: 0
SHC pool     When sent to the miners' wallets, delay a long time?

280 confirmations needed. Takes many hours.


@7000years, seem you and primer- are both bag-holder of this coin, right?, i read though all pages and see you guys are willing to sell a thousand  Grin

Actually, I am a small bag holder. Hash power too expensive! Primer is the rich guy! I mean, just look at his sell ads! But there is also another miner with an army of boxes on amazon! Cheesy

BTW, I haven't posted a sell ad anywhere... Smiley


I may be rich but am sure not getting any richer with shiny. I will be switching all hash power to XMR today, dev is incompetent, very unlikely the coin is priced well when/if it hits an exchange.

EDIT : If anyone is looking for cheap shn, i'd be willing to sell half of my holdings, 10,000 SHN for 1 btc. Got bills to pay..

the total amount of shiny is about 21mil (right?). So 10,000 SHN for 1BTC is unreasonable (meaning Shiny's market  cap is 2100 btc?).
I can offer you 0.1 btc for 10,000SHN. 
PM me if you accept.

No one will be selling for that low unless they don't mind mining for a loss.

How many satoshis will you accept?
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