[ANN][XMY] Myriad | Multi-Algo, Fair, Secure - page 71.

jwinterm

legendary

Activity: 3164

Merit: 1116

Quote from: alt19 on October 28, 2015, 03:25:31 AM

1st Multi-Proof-of-Work

a notable coin...

estimated MYR supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thank you

Nice site. I think that by 10 years the coin should be about mined out with 2B total coins.

alt19

sr. member

Activity: 328

Merit: 250

1st Multi-Proof-of-Work

a notable coin...

estimated MYR supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thank you

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Quote from: myriadcoin on October 27, 2015, 11:53:59 PM

The other three coins are distributed AWFULLY.

Unfortunately, that's not true.

You can start by comparing the DGB Rich List with MYR's, and then post back which you think is more evenly distributed.

http://digistats.info/#/richlist

http://birdonwheels5.no-ip.org/richlist/

Making unsubstantiated statements is like grasping at straw men, and those who do that only hurt themselves.

BTW, the blockchain actually proves EVERYTHING!

But you're right about us not being able to know how much any one person has, just like you'll never know how much money I've got in all my pockets . . . and bank accounts . . . and under the mattress . . . Cheesy

But arguing that a coin is poorly distributed by saying you think all the addresses are held by the same person is laughable (not that you're saying that - that's just an extreme example of what is being implied here in this thread), and, as I've just said, if we can't stick with the facts to argue our ideas, regardless of how "limited" they might be, we've just acting like straw men.

Bitcoininspace

sr. member

Activity: 574

Merit: 250

Quote from: myriadcoin on October 27, 2015, 11:53:59 PM

Quote from: HR on October 27, 2015, 06:01:49 PM

Actually, you're right.

And I hope that more people give you +1 on that post, because, as you correctly point out, there is a huge difference, like night and day, between "distribution" on Bittrex and what the real blockchain rich list looks like.

Just a small little detail there Bitcoininspace. ;-)

Well, as Bitcoininspace pointed out, the blockchain rich lists prove nothing as large holders can just shuffle their coins into many addresses. Of course, Bittrex users do not represent the distribution of all the coins, and people can hold multiple accounts, but I think it does provide a little bit more of an accurate view than the blockchain rich list. The evidence points to Myriad being well distributed for a coin of its age (not to mention its very low hash rate!). The other three coins are distributed AWFULLY. This means that their markets have the potential to be a lot more heavily manipulated than Myriad's.

True. Didn't notice it was the richlist of the exchange, my bad. But in an anonymous cryptoworld you can't just go and post random stats of wallets and be all like "BAM, this is ultimate proof of no insane bagholders" since everything is flexible when it comes to addresses and wallets.

But I do remember myriad being one of the first ones with multi-algo's so I do expect it to be better distributed than most other coins out there.

myriadcoin

full member

Activity: 209

Merit: 100

Quote from: HR on October 27, 2015, 06:01:49 PM

Actually, you're right.

And I hope that more people give you +1 on that post, because, as you correctly point out, there is a huge difference, like night and day, between "distribution" on Bittrex and what the real blockchain rich list looks like.

Just a small little detail there Bitcoininspace. ;-)

Well, as Bitcoininspace pointed out, the blockchain rich lists prove nothing as large holders can just shuffle their coins into many addresses. Of course, Bittrex users do not represent the distribution of all the coins, and people can hold multiple accounts, but I think it does provide a little bit more of an accurate view than the blockchain rich list. The evidence points to Myriad being well distributed for a coin of its age (not to mention its very low hash rate!). The other three coins are distributed AWFULLY. This means that their markets have the potential to be a lot more heavily manipulated than Myriad's.

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Quote from: myriadcoin on October 27, 2015, 07:49:41 AM

Quote from: Bitcoininspace on October 27, 2015, 04:00:14 AM

You do know this proves nothing, right?

One person could own the top 5 addresses or another one owns 2-3 of them. It's just a blockexplorer telling you the biggest addresses, doesn't mean everyone keeps them in the same one, they aren't staking these coins, and even if they would be staking they could still do that on several wallets.

Actually, it's the top 50 wallets on Bittrex.

Actually, you're right.

And I hope that more people give you +1 on that post, because, as you correctly point out, there is a huge difference, like night and day, between "distribution" on Bittrex and what the real blockchain rich list looks like.

Just a small little detail there Bitcoininspace. ;-)

myriadcoin

full member

Activity: 209

Merit: 100

Quote from: Bitcoininspace on October 27, 2015, 04:00:14 AM

You do know this proves nothing, right?

One person could own the top 5 addresses or another one owns 2-3 of them. It's just a blockexplorer telling you the biggest addresses, doesn't mean everyone keeps them in the same one, they aren't staking these coins, and even if they would be staking they could still do that on several wallets.

Actually, it's the top 50 wallets on Bittrex.

Bitcoininspace

sr. member

Activity: 574

Merit: 250

Quote from: myriadcoin on October 25, 2015, 05:21:55 AM

Here's the real reason why you should invest in Myriad...

This is an example of a coin with good distribution. It is not this way because Scrypt is the fairest algorithm for all, but because the coin is very old, and it was GPU mined during a very high volume period.

Now here are the distributions for the coins supposedly focused on fair mining...

Myriad is the only fair mining coin that has actually been fairly mined!

You do know this proves nothing, right?

One person could own the top 5 addresses or another one owns 2-3 of them. It's just a blockexplorer telling you the biggest addresses, doesn't mean everyone keeps them in the same one, they aren't staking these coins, and even if they would be staking they could still do that on several wallets.

MaxDZ8

hero member

Activity: 672

Merit: 500

Now I read this I somehow figure out I forgot to run the miner in the last couple of weeks. Why? Huh

myriadcoin

full member

Activity: 209

Merit: 100

Here's the real reason why you should invest in Myriad...

This is an example of a coin with good distribution. It is not this way because Scrypt is the fairest algorithm for all, but because the coin is very old, and it was GPU mined during a very high volume period.

Now here are the distributions for the coins supposedly focused on fair mining...

Myriad is the only fair mining coin that has actually been fairly mined!

p3yot33at3r

sr. member

Activity: 266

Merit: 250

Can anyone direct me to the MYR thread please - I seem to have misplaced it.......

cryptapus

hero member

Activity: 626

Merit: 504

Quote from: myriadcoin on October 23, 2015, 07:33:36 AM

Quote from: cryptapus on October 23, 2015, 07:19:29 AM

They also have 10x number of coins, a pre-mine, and have been monkeying with coin emission. I don't think Myriad has anything to worry about, scammers gonna scam... Feel free to scream from the rooftops, but it doesn't keep me up at night.

What has the number of coins got to do with anything? They claim to fairly given away their 1% premine. They have, however, monkeyed about with the coin emission. It would be nice if someone were to make a graph showing Digibyte's coin emission, overlayed with Myriad's.

If you're going to talk about price, total coin count is relevant. How do you know that they didn't give their pre-mine to themselves?

myriadcoin

full member

Activity: 209

Merit: 100

Quote from: cryptapus on October 23, 2015, 07:19:29 AM

They also have 10x number of coins, a pre-mine, and have been monkeying with coin emission. I don't think Myriad has anything to worry about, scammers gonna scam... Feel free to scream from the rooftops, but it doesn't keep me up at night.

What has the number of coins got to do with anything? They claim to fairly given away their 1% premine. They have, however, monkeyed about with the coin emission. It would be nice if someone were to make a graph showing Digibyte's coin emission, overlayed with Myriad's.

cryptapus

hero member

Activity: 626

Merit: 504

Quote from: myriadcoin on October 23, 2015, 12:47:55 AM

Quote from: jwinterm on October 22, 2015, 09:28:27 PM

re: DGB is a competitor, don't you think it seems kind of...desperate to be mentioning other coins in the ANN topic?

Desperate? It seems pretty blatant to me that, using carefully worded language, they are trying to imply that the multi-algo concept, as implement in Myriad, was originally theirs. They have a market cap 30x ours by now. I think it's fair enough.

They also have 10x number of coins, a pre-mine, and have been monkeying with coin emission. I don't think Myriad has anything to worry about, scammers gonna scam... Feel free to scream from the rooftops, but it doesn't keep me up at night.

myriadcoin

full member

Activity: 209

Merit: 100

Quote from: jwinterm on October 22, 2015, 09:28:27 PM

re: DGB is a competitor, don't you think it seems kind of...desperate to be mentioning other coins in the ANN topic?

Desperate? It seems pretty blatant to me that, using carefully worded language, they are trying to imply that the multi-algo concept, as implement in Myriad, was originally theirs. They have a market cap 30x ours by now. I think it's fair enough.

jwinterm

legendary

Activity: 3164

Merit: 1116

Quote from: carlo_0000 on October 22, 2015, 08:37:30 PM

i have big problem

i can't send coins from my wallet

1 was trying to send 1million but it s say transaction it s to big

so i tried lower until it work with 500000
but after i can send anymore it s always to big

even 30000 make error message it is to big Huh

what now ? send 1myr at time lol

Not sure what your best option is. Maybe write a simple python script to send in batches of 1000 that says something like:

Code:

import time
from bitcoinrpc.authproxy import AuthServiceProxy

#Address to connect with local wallet running as rpc server
url = "http://user:pass@localhost:50554/"
    
#Setup connection and check balance
conn = AuthServiceProxy(url)
data = conn.getbalance()

#Define address to send to
useraddress = 'YOURMYRIADADDRESS'
amounttosend = 1000

while true:
    #Send coins
    try:
        print "Sending coins to {0}".format(useraddress)
        senttx = conn.sendtoaddress(useraddress, amounttosend, 'test', 'test')
        print "coins sent!"
    except:
        print "Failed!"
        senttx = 'FAILED TX - RPC interface error'
    time.sleep(10)

Then if it's working, just let it run over night, if not try to adjust the amount or sleep time (if it's successfully sending but crashing after a bit).

jwinterm

legendary

Activity: 3164

Merit: 1116

Quote from: myriadcoin on October 22, 2015, 07:04:47 PM

Why not? DigiByte will catch people's eyes. About HUC, was it originally both sha and scrypt, or did it hard fork to include that? I thought it was just sha and human mining when it got released. I don't mind paying credit to HUC, it's a very interesting coin, but it makes completely different use of the multi-algo concept. It is in no way a competitor. However, DigiByte is clearly a competitor.

It launched as dual-algo. Here is wayback machine from 2014 Feb 13, a couple weeks before Myriad launch:
https://web.archive.org/web/20140213025702/https://bitcointalk.org/index.php?topic=435170.0

re: DGB is a competitor, don't you think it seems kind of...desperate to be mentioning other coins in the ANN topic?

carlo_0000

legendary

Activity: 1281

Merit: 1003

i have big problem

i can't send coins from my wallet

1 was trying to send 1million but it s say transaction it s to big

so i tried lower until it work with 500000
but after i can send anymore it s always to big

even 30000 make error message it is to big Huh

what now ? send 1myr at time lol

myriadcoin

full member

Activity: 209

Merit: 100

Why not? DigiByte will catch people's eyes. About HUC, was it originally both sha and scrypt, or did it hard fork to include that? I thought it was just sha and human mining when it got released. I don't mind paying credit to HUC, it's a very interesting coin, but it makes completely different use of the multi-algo concept. It is in no way a competitor. However, DigiByte is clearly a competitor.

jwinterm

legendary

Activity: 3164

Merit: 1116

Quote from: myriadcoin on October 21, 2015, 11:34:30 PM

Can Myriad change its topic to:

[ANN] [MYR] Myriad 0.9.2.16 MERGE MINING REQUIRED UPDATE | The ORIGINAL multi-PoW with the fairest distribution. NOT DigiByte

Honestly, I think it's pretty warranted. They don't give any credit to Myriad, and some of their writing has even been deceptive. I quote:

Quote

September 1st, 2014: MultiAlgo hardfork at block 145,000. DigiByte plans & successfully deploys its second hardfork to allow miners to mine on five independent mining algorithms & is the first digital currency to make such a move.

From their [ANN] thread. If you didn't know any better, would that not lead you to believe that DigiByte was the first?

So what do you think? To me 1st Multi-PoW is too subtle.

P.S. I'm NOT the developer of Myriad coin. Obviously. How do I put that underneath all my posts?

You can add a signature in your profile.

Technically Myriad is not the first multi-PoW. Huntercoin launched before Myriad, and uses both sha and scrypt algos (in addition to the "human mining" component). I'm not against changing the topic, but I don't think it's a good idea to put Digibyte in the topic.

Topic: [ANN][XMY] Myriad | Multi-Algo, Fair, Secure - page 71. (Read 850023 times)