So, we going to add Ethereum to this list? It looks pretty ingenius.
No. Don't add it until you have the proof it exist.
Until now, Ethereum is a group of very greedy people with big mouth.
Ok. Didnt it go live these days?
Topic: Crypto Review - Cryptocurrency Analysis - page 5. (Read 21542 times)
No. Don't add it until you have the proof it exist.
Until now, Ethereum is a group of very greedy people with big mouth.
Ok. Didnt it go live these days?
So, we going to add Ethereum to this list? It looks pretty ingenius.
No. Don't add it until you have the proof it exist.Until now, Ethereum is a group of very greedy people with big mouth.
eMunie has been on beta-test for months. The public beta-test is tomorrow. This crypto-currency does exist. Ethereum on the other hand, could be the biggest scam ever. The creator is asking 36 millions USD right now, he'll keep more than 50 % premine, the access to the coins will be locked for one year and every year you'll be allowed to sell only 50% of remaining coin.
While that is true, that eMunie has been on beta-testing for a while, when it was originally added, around August? It had a very small amount of beta-testers. Now, I'm not arguing about the authenticity of Ethereum, I'm merely suggesting its concept be added to the list, for much the same reason eMunie was added so early (Even though its released was delayed such a long time).
How the coin is distributed and what they ask for in terms of funds is completely irrelevant in terms of the scope of this thread. Also, any accusations or theories based on the likelihood of something is merely speculation or just a conspiracy. I also believe that the Ethereum client was released today? Maybe, I'm away on my laptop and the windows binaries haven't been released yet, although it has been for linux.
https://github.com/ethereum/cpp-ethereum/wiki/Building
Now, if we look at what Ethereum looks to offer, I'm confident anyone will find it hard to deny its innovative nature, which is the reason for this thread. This is not to say that there aren't any real concerns over their approach or flaws in there implementation but currently, it's difficult to find any 'coin' that doesn't have imperfect attributes in some way or another.
I'm glad to see some renewed interest in this thread. I will make sure to do some updates on the OP this weekend. I apologize I haven't done that more often.. I've been really busy doing all sorts of things.
Cheers,
Ch
Cheers,
Ch
Ethereum on the other hand, could be the biggest scam ever.
what is your estimate of how many people think that way? will it get support inside the community? aantonop has promoted it a bit. a lot of people will be impressed by the wire article. buying a journalist can be quite profitable it seems. the ratio of people who understand technical details to investors is probably <1%, which makes it profitable for people to do this kind of thing. I wonder what the impact is going to be. if the coin would be done without funds raised I wouldn't mind seeing the experiment done, as it shows what will happen if you run nodes with a full language (host to trojans and viruses).
So, we going to add Ethereum to this list? It looks pretty ingenius.
No. Don't add it until you have the proof it exist.Until now, Ethereum is a group of very greedy people with big mouth.
eMunie has been on beta-test for months. The public beta-test is tomorrow. This crypto-currency does exist. Ethereum on the other hand, could be the biggest scam ever. The creator is asking 36 millions USD right now, he'll keep more than 50 % premine, the access to the coins will be locked for one year and every year you'll be allowed to sell only 50% of remaining coin.
So, we going to add Ethereum to this list? It looks pretty ingenius.
No. Don't add it until you have the proof it exist.
Until now, Ethereum is a group of very greedy people with big mouth.
That could very well be true and with all of the 'shitcoins' going around, it makes sense to wait for proof. I think the concept could definitely be added though, much the same way eMunie was added to the list but make a note that it is still a conception and hasn't proven itself.
So, we going to add Ethereum to this list? It looks pretty ingenius.
No. Don't add it until you have the proof it exist.
Until now, Ethereum is a group of very greedy people with big mouth.
So, we going to add Ethereum to this list? It looks pretty ingenius.
I am with u.
So, we going to add Ethereum to this list? It looks pretty ingenius.
Thanks for this thread CoinHoarder.
Thanks for the info on YAC. I agree it does seem ASIC resistant... but then again, so do Quark/SecureCoin/A lot of coins. I can't add them all simply because they are ASIC resistant. I'm hesistant to add them all because of their different PoWs.. if I started doing that then this list will get really long really fast. I guess I'm still on the fence.
I don't think that claiming ASIC resistance is innovativ, but increasing memory over time (and the eco. features) are.It's the only crypto I'm aware of that can't be mined with some of the hardware that it was used to be mined with in the past.
Take a look at what computers calculated 20 years ago and think how you would calculate those now if it was about performance. You'd use FPGA insted of computers and so all other crypto end up mined by specialized hardware.
It doesn't matter if that hardware is called ASIC, FPGA or even mining rig.
This won't happen for YAC since blade servers are not limited to mining crypto.
I added Nxt & a bunch of random links on random entries in the OP.
If you have more links for any of the currencies in the OP, feel free to share... anything like wikis, block explorers, discussion threads, how tos, important services , etc.
I will add Datacoin next, but I'm not sure if I'll have time today.
If you have more links for any of the currencies in the OP, feel free to share... anything like wikis, block explorers, discussion threads, how tos, important services , etc.
I will add Datacoin next, but I'm not sure if I'll have time today.
I think Devcoin deserves a mention.
After all it is still the only crypto to use receiver files (a key innovation) and the coin has been running very well for a very long time.
After all it is still the only crypto to use receiver files (a key innovation) and the coin has been running very well for a very long time.
I do like that Dev coin was "created to help fund open source projects created by programmers, hardware developers, writers, musicians, painters, graphic artists and filmmakers." I also agree they have been innovative and are certainly different from most ALTs. Devtome is great if it will ever be fully adopted.
I pretty much agree with you, I will think about adding it to the list.
I'd suggest that you just add those coins/projects which client/application has already been released.
If I were you, I'd dismiss everything else until further "concrete materialization".
If I were you, I'd dismiss everything else until further "concrete materialization".
I agree with you. For the most part I try to only add something that's in development if I think it is a very important project or if it is a very ambitious/innovative project. I will try to keep from posting too many coins that are in development, but some ideas are just so great and the dev teams so capable that I feel there is little chance they won't be fully developed (like Zerocoin).
YAC - https://bitcointalksearch.org/topic/annyac-yacoin-yet-another-altcoin-start-is-now-196196
Quark - https://bitcointalksearch.org/topic/ann-qrk-quark-core-010-upgrade-260031
Secure Coin - https://bitcointalksearch.org/topic/annsrc-securecoin-a-fast-and-secure-version-of-bitcoin-2013-270852
My problem with the above coins: I'm still on the fence about the coins that are changing the hashing alogrithms to make them CPU/GPU only. I'm afraid I will determine them "innovative" and then next week someone release a GPU miner for them... it's happened before with many coins that claim to be "CPU/GPU only". Which one of these three is the most GPU/ASIC resistant? Or is there a different one that is more GPU/ASIC resistant than these three?
No idea about the others, but for YAC it was never GPU resistance although a lot of idiots used to belive this.Quark - https://bitcointalksearch.org/topic/ann-qrk-quark-core-010-upgrade-260031
Secure Coin - https://bitcointalksearch.org/topic/annsrc-securecoin-a-fast-and-secure-version-of-bitcoin-2013-270852
My problem with the above coins: I'm still on the fence about the coins that are changing the hashing alogrithms to make them CPU/GPU only. I'm afraid I will determine them "innovative" and then next week someone release a GPU miner for them... it's happened before with many coins that claim to be "CPU/GPU only". Which one of these three is the most GPU/ASIC resistant? Or is there a different one that is more GPU/ASIC resistant than these three?
YAC is currently mined mostly by GPUs, but I think this will change.
I'd say YAC is nearly 99.9% ASIC resistant unless it would grow to a size far far bigger than bitcoin today. It changes memory requirement over time so a new ASIC would have to be made for every new n-factor since it doubles memory needed. Currently this happens 2 times per year but there will be less and less n-changes in the future. There would also be competition from botnets/servers/... so ASICs are unlikely to break even on development costs.
An n-change also favours CPU strongly over GPU so it will make it harder and harder for GPUs.
YAC is the only crypto I'm aware of that adapts to technological innovation by making hashing "harder" over time.
There had been FPGA implementations, but they do not function anymore. For most cryptos it will be there hadn't been
FPGA implementations, but in the future this will be possible. YAC's the other(better) way round.
Thanks for the info on YAC. I agree it does seem ASIC resistant... but then again, so do Quark/SecureCoin/A lot of coins. I can't add them all simply because they are ASIC resistant. I'm hesistant to add them all because of their different PoWs.. if I started doing that then this list will get really long really fast. I guess I'm still on the fence.
----
I am adding Datacoin and Nxt to the list this morning.
My problem with the above coins: It seems they're not really developed yet, although they did raise a lot of money. Since MasterCoin was the first to do this, I added them to the list. I'd like to see a little more development on the newer ones that were "crowd funded" before adding them. Otherwise, anyone could open fundraising and get added to this list... I want it to be a list of the most innovative. Please correct me if you think I'm wrong, show me what has actually been developed on the above coins.
Nxt -
Here is the current thread : https://bitcointalksearch.org/topic/nxt-descendant-of-bitcoin-updated-information-345619
Why don't you read it, there is tons of people posting great ideas all day all night. It is one of the most active thread. The client is updated everyday, an alternative client should be released in few days.
Here is a video for those who never heard about it :
http://wideo.co/view/1302961386354824506-nxt
I'd suggest that you just add those coins/projects which client/application has already been released.
If I were you, I'd dismiss everything else until further "concrete materialization".
If I were you, I'd dismiss everything else until further "concrete materialization".
I think Devcoin deserves a mention.
After all it is still the only crypto to use receiver files (a key innovation) and the coin has been running very well for a very long time.
After all it is still the only crypto to use receiver files (a key innovation) and the coin has been running very well for a very long time.
YAC - https://bitcointalksearch.org/topic/annyac-yacoin-yet-another-altcoin-start-is-now-196196
Quark - https://bitcointalksearch.org/topic/ann-qrk-quark-core-010-upgrade-260031
Secure Coin - https://bitcointalksearch.org/topic/annsrc-securecoin-a-fast-and-secure-version-of-bitcoin-2013-270852
My problem with the above coins: I'm still on the fence about the coins that are changing the hashing alogrithms to make them CPU/GPU only. I'm afraid I will determine them "innovative" and then next week someone release a GPU miner for them... it's happened before with many coins that claim to be "CPU/GPU only". Which one of these three is the most GPU/ASIC resistant? Or is there a different one that is more GPU/ASIC resistant than these three?
No idea about the others, but for YAC it was never GPU resistance although a lot of idiots used to belive this.Quark - https://bitcointalksearch.org/topic/ann-qrk-quark-core-010-upgrade-260031
Secure Coin - https://bitcointalksearch.org/topic/annsrc-securecoin-a-fast-and-secure-version-of-bitcoin-2013-270852
My problem with the above coins: I'm still on the fence about the coins that are changing the hashing alogrithms to make them CPU/GPU only. I'm afraid I will determine them "innovative" and then next week someone release a GPU miner for them... it's happened before with many coins that claim to be "CPU/GPU only". Which one of these three is the most GPU/ASIC resistant? Or is there a different one that is more GPU/ASIC resistant than these three?
YAC is currently mined mostly by GPUs, but I think this will change.
I'd say YAC is nearly 99.9% ASIC resistant unless it would grow to a size far far bigger than bitcoin today. It changes memory requirement over time so a new ASIC would have to be made for every new n-factor since it doubles memory needed. Currently this happens 2 times per year but there will be less and less n-changes in the future. There would also be competition from botnets/servers/... so ASICs are unlikely to break even on development costs.
An n-change also favours CPU strongly over GPU so it will make it harder and harder for GPUs.
YAC is the only crypto I'm aware of that adapts to technological innovation by making hashing "harder" over time.
There had been FPGA implementations, but they do not function anymore. For most cryptos it will be there hadn't been
FPGA implementations, but in the future this will be possible. YAC's the other(better) way round.
MEC should be there for sure. Kimoto's Gravity well is a great innovation. The coin is only 6 months old an already in top 10 coins in market cap.
Jump to: