Lo and behold, the first edition of Hironews. The aim of this newsletter is to keep you informed of all that's going on in the wonderful world of Hirocoin. Hironews will be released every two weeks.
Don't look now... but I think we are being followed
Actually, I am talking about Twitter ! We are fast approaching 700 followers now. We are off to a good start on Twitter and this is good, especially for a new coin It's safe to say that most of the altcoin scene knows who we are and what we're all about. We plan on using Twitter as one of our primary social media channels to get the latest updates to you, noble reader. If you are not currently following us then get on and start now.
@Hirocoin on TwitterWe are also on Facebook so if that is more your kind of thing then please follow us on there. Updates are put out through both locations simultaneously.
Hirocoin on FacebookMythical Botnet
There were reports of a mystical botnet mining Hirocoin with colossal mining power. The fact is there was no botnet at all. There is a known flaw in stratum that allows you to submit many more shares than you actually could mine. So you can mine with let's say 100KH but make it appear that you are mining with 10,000KH. They are not actually providing that amount of work and coins are not being mined faster.
What happens is that since the pool thinks that they are mining the lion's share that they deserve the majority of the coins that are actually mined. So you fake 95% of the pools hash power and get 95% of the coins mined when they were only putting in a very small share.
This is an old issue that has come back to life with pool operators using unpatched pool software. The issue has been raised in on GitHub and a an example of how to recreate the problem using a mining stratum proxy is in the link below. Apparently the pool has since patched the vulnerability.
https://github.com/Crypto-Expert/stratum-mining/issues/313Where has HIC gone?
Do not worry, Hirocoin is still there but under the new ticker symbol HIRO. Which is easier on the eye, and does not conflict with Hawaicoin. To be fair Hawaicoin claimed HIC before Hirocoin did so we did the right thing and changed our abbreviation. So there you have it, we are now HIRO. There were a few calls from people to change to HIRO before we realised these was a clash so it was an easy move to make.
X11 is the new Scrypt
ASIC resitant for the foreseable future, energy efficient, super GPU friendly, and , lets face it :
sexy. Hirocoin and Darkcoin are the only X11 coins right now, but the community of science-loving smart people of Einsteinium have recently
voted on changing their hashing algorithm. X11 won by a landslide. Then there is a faction of Litecoin supporters that are lobbying to fork Litecoin to be powered by X11. It is reassuring to see that X11 is becoming a popular with altcoin enthusiasts, X11 is becoming well known and is poised to be a first choice for GPU miners when the Scrypt ASICs start to dominate Scrypt mining.
Here's an interesting
post comparing Hirocoin to the situation Litecoin was in, one year ago.
Open Bounties
We are in need of an Android wallet and offer 2 Bitcoins to anyone who can make one for us. There is already a working wallet out there with KGW running, the next step is to implement the X11 algorithm into the wallet. DarkCoin also offer a bounty for this work and use X11 so there is the potential to claim multiple bounties for a working X11 wallet.
Are you capable of tackling the challenge of coding an Nvidia miner for X11 ? Succesfully doing so will net you 20.000 HIRO's, not to mention fame and glory.
Building the Hirocoin team
"Don't ask what your altcoin can do for you, but what you can do for your altcoin" -
MaGNeTHirocoin is looking for new members to strenghten the team. Actually, it's you were looking for. Yes, I can see your pointing at your face with a puzzled look. Yes, YOU! Whatever your skill is, you are welcome to join us. Check out the
Promotion Subforum or PM yours truly.
Aw, look how cute, he's playing with an airplane with total disregard for human life!
Our logo has sparked a bit of controversy. It's not very businesslike. Then again, that was never the aim, says Hiro. "Crypto is too serious already". HiroSGate suggested we might slowly change the logo into something more serious over time. He came up with a fun way to make that transition, which you can read about
here. MatAuc12 thinks it would be good to change it to the X11 logo. Tyarlande created some mockups of what improvements might
look like.
Cswolfe made his case to leave it as it is, as we can always be serious later. In the current phase, a fun image is better suited to us then a corporate one. Then there's Flashcrash, who thinks our current logo is unprofessional and invokes feelings that have no place in a currency. In the end, the results from the
poll were pretty clear. We're keeping the logo exactly how it is, at least for now (or until we get sued for using a monster that er... looks familiar).
And to finish this first issue of Hironews, the winner of the recent meme contest:
Created by Magalhanze
Warm regards, Joerii
I don't comment on marketing things usually, but from my engineering point of view it's much easier to do an X11 ASIC/FPGA than a decent Scrypt ASIC/FPGA. The X11 market is just too small currently.
