Difference between X11 and the Cryptonote

fluffypony

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Quote from: JohnnyBTCSeed on July 30, 2014, 01:01:28 AM

Bitcoindark uses sha256 and cryptonote

They are using the term without understanding what it is, or they're just using the name for their own made-up technology. For eg. - "Development of Cryptonote Technology is underway and will include: a near realtime decentralized exchange (Instadex) and a peer to peer sports book (Privatebet) and more!" CryptoNote is a protocol that has nothing to do with exchanges and sports books.

Their source code should also tell you everything you need to know: https://github.com/laowais/bitcoindark/blob/master/contrib/debian/novacoind.install - they're forked from Novacoin, not from the CryptoNote reference code. Novacoin (just like Litecoin, Dogecoin, and all the other forks) use the Bitcoin protocol. Monero, Ducknote, Boolberry, and so on all use the CryptoNote protocol.

JohnnyBTCSeed

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Bitcoindark uses sha256 and cryptonote

fluffypony

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Quote from: finlon on July 29, 2014, 03:11:59 PM

So Why can't the Cryptonote Protocol use the X11 Algo?

It absolutely can! I can't a see a valid reason to do so, but there's nothing stopping someone from doing that in a CryptoNote-based coin:)

finlon

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Quote from: fluffypony on July 29, 2014, 10:40:22 AM

Quote from: Remember remember the 5th of November on July 29, 2014, 09:35:36 AM

Sure, it's just a bunch of algos.

That's incorrect.

CryptoNote is a protocol. X11 is a PoW algorithm using a chain of 11 hashing algorithms.

Many CryptoNote coins use the CryptoNight PoW algorithm, although some do not. Currently, there seems to be little advantage to using X11 over CryptoNight, as CryptoNight is also relatively light on heat and electricity consumption, and it has the added advantage of reducing the performance gap between CPUs, GPUs, and ASICs, which is something X11 does not do.

So Why can't the Cryptonote Protocol use the X11 Algo?

fluffypony

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Quote from: Remember remember the 5th of November on July 29, 2014, 09:35:36 AM

Sure, it's just a bunch of algos.

That's incorrect.

CryptoNote is a protocol. X11 is a PoW algorithm using a chain of 11 hashing algorithms.

Many CryptoNote coins use the CryptoNight PoW algorithm, although some do not. Currently, there seems to be little advantage to using X11 over CryptoNight, as CryptoNight is also relatively light on heat and electricity consumption, and it has the added advantage of reducing the performance gap between CPUs, GPUs, and ASICs, which is something X11 does not do.

Skrillex

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I guess you could but wouldnt that bloat the cryptonote coins too much

Remember remember the 5th of November

legendary

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Reverse engineer from time to time

Sure, it's just a bunch of algos.

finlon

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I have a question regarding BIG difference between 2.
So X11 allows to mine through 11 different algorithm, and Cryptonote provides security and anonymity.Can the 2 be implemented together in a coin?

Topic: Difference between X11 and the Cryptonote (Read 993 times)