Topic: [ANN][XMY] Myriad | Multi-Algo, Fair, Secure - page 180. (Read 850023 times)

Bryce does not work directly with anyone on the Myriad team. There is no "ties" to Bryce beyond us recognizing he has announced a major project involving MYR. He is putting his credibility on the line and he is not hiding his identify at all. I have actually reached out to him and talked with him, and surprise surprise, they were good discussions and we both share a lot of common beliefs about cryptocurrencies.

Cryptocurrencies are decentralized: ANYBODY is free to do whatever they damned please with any coin.

Why. All. The. Hate?!

how

 

I think that the script is slowly but surely killing the coin, or rather kill her Asics.

I think that the script is slowly but surely killing the coin, or rather kill her Asics.

It is futile for me to continue when my words fall upon deaf ears.
My simple request remains here in the forum. Whether I will now seems to be irrelevant.

http://en.wikipedia.org/wiki/List_of_cognitive_biases

They should definitly cut ties with him, he talks a lot and talks big but actually does nothing much.
I followed his twitter for months and this guy just spam a lot : i don't believe he can seriously work on anything while twiting that much

Also he looks like someone "not serious" and apparence does count

neuro its the general point being made that needs to be taken seriously.
There is no predicting specifics here.
The example provided is a possible outcome.. you must see the line between now and tomorrow.
right now we are getting hit hard by MPs.. the one best exemplifying this point is CEX.IO. Do you think they will stop or Slow down their pace toward higher profits at the expense of those who have no foresight to plan ahead?
Look at the damage already being caused.

Do you think it will get any better or continue faster and faster?

How anyone look at the blockchain and say that something like this is going to stop once a higher hashrate is obtained?
CEX.IO regularly obtains 40%+ SHA256 hashrate in the bitcoin space. What is stopping them from the equivalent to litecoin?
Do you really think it is not within the realm of possibility they may redirect a significant portion of hashingpower to a future multipool?

We have a multi-algo profit switcher. what is stopping them from making a GPU friendly version of a multi-algo-multi-coin pool?

Look again. Look all around you.

There are those in the past who said comercial flight was not possible, impossible most households will soon have personal computers in them.

Look again.. take some time and consider: what if we are right.
You must understand this.

You seem to be missing the point that this is only happening due to myr scrypt diff being insanely low and scrappy's point was that if he pointed all his 1GH at scrypt he'd get an effect similar to the multipools thus he may be hit with the same protection. I said we're thinking about the issue but as I also said it's quite easy to come up with some kind of protection for when diff is low but it's very likely that it will come around and bite us later on with diff is higher (see scrapy's scenario). I'm feeling you're a tad more agressive about this than you should be tho ... tone it down a little, if I thought the current situation is ok I'd have said buzz off I don't care about multipools but I do as they're very harmfull, but we'll need to brainstorm this quite a bit to come up with a way to protect ourselves without injuring some users and without repercusions in the future.

Skein, Myr-Groestl, and Qubit are way more obscure than you think. There's no point for them to add switching just for these algos. They would not be getting any "bang for their buck", as I think only 1 other coin strictly uses Skein (Skeincoin), 1 other coin uses Myr-Groestl (QuebecCoin I think), and Qubit is used in all the X11 algorithms but I don't even know any coins using strictly Qubit? There's no incentive for a damn long time for multipools to add Myr's other 3 algos to their platforms-which may be even MORE of a reason not to switch to popular algorithms?

This won't be easy - but nothing is impossible.

I'm not a coder but I'll outline the concept here and what I think it will need.

"NoobMiner" is just a temp placeholder for the name. Think "2-Click Installer" that lowers the barrier to entry of MINING Myriad to non-crypto people. If Myriad really is a coin for everyone, then we should push the envelope and create the easiest miner to date.

"NoobMiner" would also build upon community efforts to date - Electrum Wallet, MyriadSwitcher, and Community-Submitted Mining Benchmarks - exemplifying how contributions today can lead to myriad developments in the future.

---

The uber TL;DR version:
1) Install magic money-making software
2) ? ? ?
3) Profit!

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How "NoobMiner" Works from User End:

1) Download "NoobMiner".
2) Install "NoobMiner" (first "Click").
3) Press "Start Mining" (second "Click").
4) Receive Myriad directly into wallet.
5) Profit!

SIMPLE.

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What "NoobMiner" Will Need from Coder's End

Main Requirements:

A) Create a single GUI desktop app that combines Wallet+Miner
B) Create and host p2pools for the 4 GPU algos (Scrypt/Skein/Myr-Groestl/Qubit)
Note: A lamer/less simpler version would have standalone wallet and miner clients, but this is not as simple/easy for the user.

The Coder Walkthrough as I See It:

1a) Wallet is set up like normal (Electrum wallet fork would be ideal since it's faster which = easier).
1b) Generate pubkey and pass it to the miner client.
2) Miner portion needs the most work. Behind the scenes it should do all these things:
2a) Install latest versions of all 4 GPU miners - Scrypt/Skein/Qubit/Myr-Groestl
2b) Detect user's video card model.
2c) Download any necessary drivers from the internet (automatically of course).
2d) Install dazz's MyriadSwitcher that automatically switches to the most profitable MYR algo for the user.
2e) Automatically load optimized mining configuration for each GPU algo based on user's video card (you can reference our Mining Hardware Benchmarks, for example).
2f) Load the p2pool information for each algo using the generated wallet's pubkey.
2g) Present the user with a 1-Click "EZ Mine" button after NoobMiner opens that automatically keeps them mining the most profitable algorithm without them having to think about how anything works under the hood.
2h) You can also give them the option to edit/tweak mining information as they learn more about it and understand things better.

Nice looking rebound for MYR this morning.

Who is sell coin so cheap?

Strange. The last few posts seem to not understand the difference between ASIC and mulitpool at all.

Scrappy Do:
Nobody has made a single comment about excluding ASICs (that I remember) in the last several pages. In fact we've been supportive of ASICs. Then again, if you want to see 80+% of the algo you bought ASICs for go to multipools and be satisfied with less than 20% to split with other ASIC miners, have at it. My guess is your 1GH will be wasted on MYR as the multipools raid the blocks at low diff.

Zer0Sum:
Go back and read the posts. Nobody here is blaming the current price of MYR on multipools or ASICs. We all know the market's soft. This has been going on for months. Try actually reading the posts that describe the problem.

foodies:
Are you bipolar? First it's not an issue. Then maybe it's an issue. Then we know about it and are working on it. Then it's not an issue again because ASIC EVERYBODY INCLUDE. WTF dude? Nobody here had any intentions of excluding anybody in Scrappy's shoes. Preach full acceptance? Yeah, when multipool's incorporate algo switching and are generating 80% of all blocks on all algos, where will your acceptance level be then? We are trying to point out that if you don't look at this, YOU WILL CAUSE THIS COIN TO EXCLUDE EVERYONE BUT MINE 'N DUMP POOLS.

As someone once told me, sorry for the all caps, but I just feel like you're not getting the point.