[ANN][VRM] Verium PoWT | CPU mining | scrypt² | Scaling | New Roadmap Released - page 112.

jeewaka

sr. member

Activity: 248

Merit: 250

Quote from: effectsToCause on August 25, 2016, 07:51:19 PM

testnet2 is up! http://www.vericoin.info/ico.html Clear verium data folder including wallet.dat if you were on testnet1 it's a fresh chain.

How long does it take to sync the network?
I have more than 4 connections and still seems to be stuck at "145 blocks remaining"

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Quote from: cyberspacemonkey on August 25, 2016, 03:52:05 PM

This project looks very interesting, is it a new algo? It says on the op that it's ASIC and possibly GPU resistant so how would be mine it? or is it only for staking?

Algo is very memory hard version of scrypt requiring 128MB of memory per thread. No one has successfully mined it on a GPU yet. CPU mined with UI mining support. Testnet2 is up if you want to try http://www.vericoin.info/ico.html

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

testnet2 is up! http://www.vericoin.info/ico.html Clear verium data folder including wallet.dat if you were on testnet1 it's a fresh chain.

cyberspacemonkey

legendary

Activity: 1288

Merit: 1002

This project looks very interesting, is it a new algo? It says on the op that it's ASIC and possibly GPU resistant so how would be mine it? or is it only for staking?

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Quote from: HellSpawn. on August 25, 2016, 09:55:34 AM

Quote from: effectsToCause on August 25, 2016, 09:08:43 AM

Hey guys,

We are reconfiguring our supernodes for testnet2 as they have been giving us problems. So holding off till later on testnet2 launch till the supernodes are behaving properly. If you have any testnet 1 clients up feel free to take them down.

Morning can you tell me, When will be release the Mainnet?

If testnet2 goes as expected will only run it for a couple days then prepare mainnet.

HellSpawn.

member

Activity: 67

Merit: 10

Quote from: effectsToCause on August 25, 2016, 09:08:43 AM

Hey guys,

We are reconfiguring our supernodes for testnet2 as they have been giving us problems. So holding off till later on testnet2 launch till the supernodes are behaving properly. If you have any testnet 1 clients up feel free to take them down.

Morning can you tell me, When will be release the Mainnet?

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Hey guys,

We are reconfiguring our supernodes for testnet2 as they have been giving us problems. So holding off till later on testnet2 launch till the supernodes are behaving properly. If you have any testnet 1 clients up feel free to take them down.

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Supernodes are currently down as we prepare second testnet. New testnet wallets should be posted by tomorrow morning.

HellSpawn.

member

Activity: 67

Merit: 10

Quote from: kahir on August 24, 2016, 05:23:39 PM

can't connect 0 connection to network

me neither.

kahir

legendary

Activity: 1050

Merit: 1000

can't connect 0 connection to network

HellSpawn.

member

Activity: 67

Merit: 10

When will be release the Mainnet?

pnosker

sr. member

Activity: 504

Merit: 250

Quote from: pwpwpw on August 24, 2016, 11:21:52 AM

I'm curious will an old core2 duo be able to mine it or its way too slow?
agree on countdown timer!

Everyone's got a shot here, it's the core count that seems to matter most as well as memory speed.

jeewaka

sr. member

Activity: 248

Merit: 250

Quote from: effectsToCause on August 24, 2016, 01:31:32 PM

Quote from: jeewaka on August 24, 2016, 11:43:56 AM

Quote from: effectsToCause on August 24, 2016, 09:45:09 AM

We are preparing a fresh testnet, with optimized parameters and bugs squashed. We are also setting up a dns-seeder on second testnet to aid with connectivity. If all goes well this be the final parameters for mainnet Verium which will be launched after we run some tests on second testnet. This we be a fresh testnet chain, so if you want to try to mine on it again you are welcome. New wallets will be posted with these final parameters on vericoin.info/ico.html when they are ready. Key parameter change that will effect mining is we are dropping the memory requirement from 256MB to 128MB, to support older and hyperthreaded systems, speed syncing and loading the block index. This is still a very hard memory so won't advantage gpus or asics in any significant way.
As a reference this likely final memory requirement is exactly 1000x more memory hard than standard scrypt. So we may end up calling it mega-scrypt.
in this context standard scrypt would be kilo-scrypt
standard scrypt is 128kb memory requirement

The way you mention very hard for GPU's to mine, is this a reference meaning this could be mined with GPU's currently?
Will there be pools for this or just solo mining via the wallet only?

We haven't been able to mine it with a GPU, anything is possible, even if you were able to make it work, you would likely have to use a fraction of the available processors in a GPU at one time, in which case it would be less competitive than a CPU because GPU cores are slower.

Thanks for the reply, I would love to test the second testnet test . Roughly when will be be online?

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Quote from: jeewaka on August 24, 2016, 11:43:56 AM

Quote from: effectsToCause on August 24, 2016, 09:45:09 AM

We are preparing a fresh testnet, with optimized parameters and bugs squashed. We are also setting up a dns-seeder on second testnet to aid with connectivity. If all goes well this be the final parameters for mainnet Verium which will be launched after we run some tests on second testnet. This we be a fresh testnet chain, so if you want to try to mine on it again you are welcome. New wallets will be posted with these final parameters on vericoin.info/ico.html when they are ready. Key parameter change that will effect mining is we are dropping the memory requirement from 256MB to 128MB, to support older and hyperthreaded systems, speed syncing and loading the block index. This is still a very hard memory so won't advantage gpus or asics in any significant way.
As a reference this likely final memory requirement is exactly 1000x more memory hard than standard scrypt. So we may end up calling it mega-scrypt.
in this context standard scrypt would be kilo-scrypt
standard scrypt is 128kb memory requirement

The way you mention very hard for GPU's to mine, is this a reference meaning this could be mined with GPU's currently?
Will there be pools for this or just solo mining via the wallet only?

We haven't been able to mine it with a GPU, anything is possible, even if you were able to make it work, you would likely have to use a fraction of the available processors in a GPU at one time, in which case it would be less competitive than a CPU because GPU cores are slower.

jeewaka

sr. member

Activity: 248

Merit: 250

Quote from: effectsToCause on August 24, 2016, 09:45:09 AM

We are preparing a fresh testnet, with optimized parameters and bugs squashed. We are also setting up a dns-seeder on second testnet to aid with connectivity. If all goes well this be the final parameters for mainnet Verium which will be launched after we run some tests on second testnet. This we be a fresh testnet chain, so if you want to try to mine on it again you are welcome. New wallets will be posted with these final parameters on vericoin.info/ico.html when they are ready. Key parameter change that will effect mining is we are dropping the memory requirement from 256MB to 128MB, to support older and hyperthreaded systems, speed syncing and loading the block index. This is still a very hard memory so won't advantage gpus or asics in any significant way.
As a reference this likely final memory requirement is exactly 1000x more memory hard than standard scrypt. So we may end up calling it mega-scrypt.
in this context standard scrypt would be kilo-scrypt
standard scrypt is 128kb memory requirement

The way you mention very hard for GPU's to mine, is this a reference meaning this could be mined with GPU's currently?
Will there be pools for this or just solo mining via the wallet only?

pwpwpw

hero member

Activity: 908

Merit: 503

I'm curious will an old core2 duo be able to mine it or its way too slow?
agree on countdown timer!

MAD945

hero member

Activity: 658

Merit: 500

Quote from: souljah1h on August 24, 2016, 04:44:28 AM

Quote from: cryptospreader on August 23, 2016, 10:04:09 PM

Quote from: effectsToCause on August 23, 2016, 09:34:21 PM

There may be a countdown, but definitely an announcement about exact launch time a couple days prior.

Good. Waiting to see the launch. A countdown timer is always better as it serves all people around the world regardless of different time zones.

Agreed.

Second that! We need a countdown timer, just use the one from the ICO

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

We are preparing a fresh testnet, with optimized parameters and bugs squashed. We are also setting up a dns-seeder on second testnet to aid with connectivity. If all goes well this be the final parameters for mainnet Verium which will be launched after we run some tests on second testnet. This we be a fresh testnet chain, so if you want to try to mine on it again you are welcome. New wallets will be posted with these final parameters on vericoin.info/ico.html when they are ready. Key parameter change that will effect mining is we are dropping the memory requirement from 256MB to 128MB, to support older and hyperthreaded systems, speed syncing and loading the block index. This is still a very hard memory so won't advantage gpus or asics in any significant way.
As a reference this likely final memory requirement is exactly 1000x more memory hard than standard scrypt. So we may end up calling it mega-scrypt.
in this context standard scrypt would be kilo-scrypt
standard scrypt is 128kb memory requirement

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

Quote from: cryptospreader on August 23, 2016, 10:04:09 PM

Quote from: effectsToCause on August 23, 2016, 09:34:21 PM

There may be a countdown, but definitely an announcement about exact launch time a couple days prior.

Good. Waiting to see the launch. A countdown timer is always better as it serves all people around the world regardless of different time zones.

Agreed.

cryptospreader

sr. member

Activity: 504

Merit: 250

askNFTY Team Account

Quote from: effectsToCause on August 23, 2016, 09:34:21 PM

There may be a countdown, but definitely an announcement about exact launch time a couple days prior.

Good. Waiting to see the launch. A countdown timer is always better as it serves all people around the world regardless of different time zones.

Topic: [ANN][VRM] Verium PoWT | CPU mining | scrypt² | Scaling | New Roadmap Released - page 112. (Read 250025 times)