Topic: [GLC] Globalcoin | 4 Year Anniversary 1.5.4! | NO IPO, NO PREMINE | [SCRYPT] - page 33. (Read 225833 times)

multi-algo looks good, I will look at UIS.... Although I did start work on AuXPoW KGW Scrypt.


http://strawpoll.me/3800803

@crackfoo
TQ

4 MultiAlgo
BLAKE (the blake coin pool)
yeSCRYPT (ltc/doge/sys/taco/via pool)
Skein (Digi-or-Myriad pools)
SHA (btc/name/dev/uno/ix/io pool)

r= 0.1 .... (forever -OR- some progressive %-increase to maintain a 0.25% rate of inflation)
blockspeed = 30 sec.

^{MultiAlgo***alt picks}

x11 (drk-or-start-or-smart-or-karma so only get 1 at a time pools, no?)
so merge is really just DRK only option until merge mineable x11s

Myriad-GRS ... my guess is DMD will fork the merge in later as there reward drops to near nothing


...............................
or if you want crazy
6 algos 10sec
no solve skip (50sec to recal diff)

That's right. The diff on them is reeeealy high but you'll eventually find blocks. I've found 4 int he past month with xpool.ca running around ~20+ Th/s. No name coin yet.

So you're saying any SHA can be mined in combo with Devcoin & Namecoin?

Blockspeed does not matter?

Devcoin & Namecoin.

@Cartman

any AuxPOW enabled coins on SHA256?

Other than SHA256 Scrypt has the largest hashrate. I would gather we would want to be in the largest potential pool of available hashrate.

As a side note...you do not need permission from litecoin to use AuxPOW with them...you can choose to merge mine any POW coin without them having to "allow" it. Multiple POW coins can be merge mined with any AuxPOW enabled coin.

4 MultiAlgo
BLAKE
yeSCRYPT
x11
Qubit (the Myriad pool) -or- Skein (Digi/Myriad pool)

r= 0.1 .... forever
blockspeed = 30 sec.

--
makes production 12.0 coins per hour
every network gets a taste in 2min

... I like this idea ... if the network can't solve SKIP them and to the next network (they then have 90sec to recalculate 'their'  difficulty)

... if you really want it to be fun (grab the HVY code) shareholders can vote on reward, speed, and diff recalc
Can you say AWESOME ... Global Consensus

Unitus currently offers auxPoW on X11. I have it merged on my pool: xpool.ca

I'ts actually the first coin to allow multi auxPoW. You can merge is on all these algos:

Blake256 (8-round)
Skein
Qubit
X11
Yescrypt

That would be a pretty decent option as well.

no POS .... like HELL NO!
yes AuxPow ( the VIA code )

flavor options:
scrypt (Yes Scrypt?) ... this is the easiest, least disruptive
blake < my recommendation ... the idea of blake is 1 network all coins merge/aux
groestl  (we get on the Digi/Myr pools)
sha256 ... gives tons of HASH potential (most security best for the brand/marketing)

x11 ... who's has merge/aux @ x11 ?? ... I think this is the weakest option
Kcck ... Aux in MAX pools ... weak sause ... but likely to be a good hobby miner network


Bringing block rewards down extends the mining life ... you can leave the max @ 70M just have it take 200 years to mine the remaining 10M

This is why I like BLAKE ... even if the blocks only give 0.00001 doesn't matter all chains are Merged, this concept is already established.
If we can hook up with LTC/Doge/Via/Sys pools ... great ... but my guess ... politics

or copy-paste UIS ... multialgo(like 3) but all AuxPow readymade

================
random

http://liberty.me/
The Global Liberty Community

+1 to Telescopium 

X11 + PoS in a ratio 50/50 is a variant of the test  time. I vote for him 

  You know there are X11,13,15 ASICS coming out right?

Perhaps X11 auxpow? Only one other in that space right now.

Cheers!

Are you serious guys! lol. Make you mind up what algo you want PLEASE! One month X11 now Auxpow, some people want POS, some people don't, some people want a subsidy drop, some don't etc etc

Myself and Orco have been discussing whats best for the future of the coin and have come to the conclusion that we indeed will have to lower the block reward in the next update and decrease the subsidy halving rate to around 2600000 blocks and have a block reward in the region of 1-3 coins per block. This will slow down the amount of coins being generated in one day, reducing inflation.

These changes are to benefit Globalcoin and it's investors.

I am happy to lay down tools on the X11 fork and implement Auxpow instead, I just want everyone to be sure that there isn't any other fancy pancy algo coming out that you will change your mind to next month



I am advertising on a couple of forums etc for a few more experienced dev's, designers, marketers. If you know anyone that might be interested let me know! We will be completely re-skinning the wallet to match the mobile wallet when its released.

There is alot of work to be done and I am only one man. Any help would be much appreciated by the whole community.


In other news a new Evo, SR, Agora style site is being built on the dark net for all your "things"...

Yes GLC is accepted


Thanks for being patient


Edit: Made a start on it last night (turned to morning, turned to afternoon) KGW,AuxPOW,Fixes mostly done just got to amend a few other things etc and I will start testing. I'm going to sleep now its nearly 5pm

17 hr coding sesh... always fun

Sounds great.  How can it be implemented?

It's not pool centric at all, you can solo mine and do the same thing. GLC remains the same except for the fact it can accept scrypt hashing solutions from other scrypt based coins so long as they have higher a difficulty. There's a bunch of info out there on AuxPOW and the benefits, take a look at namecoin or dogecoin implementations.

https://en.bitcoin.it/wiki/Merged_mining_specification

http://www.reddit.com/r/dogeducation/comments/2clm3q/qa_session_on_auxpow_aka_merge_mining_confused_on/

So it is poolcentric.  That sounds terrible.  To be at whim of a pool or pools.  Those things come a go all the time.   

AuxPOW function just allows the sharing of the same solutions for mining if the base POW method (scrypt in GLC's case) is the same as another coin. This is facilitated by the miner or pool. So for example a pool would take your hashing and send it to both Litecoin and Globalcoin simultaneously, your hashrate doesn't get split. You get rewarded both coins by the pool, the block subsidy and network of each coin still remain separate.

but subsidy and POW are intertwined, so the subsidy would go to the merge mined coin, or pool?