LIQUID (ETHEREUM FORK) - page 2. | Bitcointalksearch.org

itsAj

hero member

Activity: 588

Merit: 500

Quote from: Magiklair on August 10, 2015, 03:00:31 PM

Quote from: itsAj on August 10, 2015, 02:55:26 PM

Quote from: Magiklair on August 10, 2015, 02:49:48 PM

Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…

It will be around 11 Billion - Estimated Population Size at year 2100

http://www.theguardian.com/environment/2014/sep/18/world-population-new-study-11bn-2100

Seriously? 11 billion. Not sure what this has to do with population size at year 2100. That was your thinking behind it

The coin grows with the population size so is not inherently devalued.

itsAj

hero member

Activity: 588

Merit: 500

Thinking of using the Quark algo now since the algorithms are better and it's not really that specialized like X11. I think I may go with Quark for the algo, the forgotten gem of crypto.

Magiklair

member

Activity: 293

Merit: 10

Quote from: itsAj on August 10, 2015, 02:55:26 PM

Quote from: Magiklair on August 10, 2015, 02:49:48 PM

Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…

It will be around 11 Billion - Estimated Population Size at year 2100

http://www.theguardian.com/environment/2014/sep/18/world-population-new-study-11bn-2100

Seriously? 11 billion. Not sure what this has to do with population size at year 2100. That was your thinking behind it

itsAj

hero member

Activity: 588

Merit: 500

Quote from: jasemoney on August 10, 2015, 02:53:22 PM

Quote from: itsAj on August 10, 2015, 02:43:58 PM

Quote from: shojayxt on August 10, 2015, 02:40:43 PM

Will this be POW initial distribution? If so X11 is a bad idea as it will just get raped by mining farms.

I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.

X11 hashing hasnt been cpu friendly since 2 weeks after Xcoin (Xcurrency) launched in January 2014... you can get 1G/hash for .37BTC a day on miningrigrentals right now. and would struggle to get 1Mhash out of a cpu?

edit to add:
you know launching a stable x11 coin will be a gpu rape festival like everything else thats launched lately.
ethereum has cpu/gpu and ive been cpu mining since friday with no luck, it'll only get worse once gpu documentation spills out in a more digestible format

It's not going to be a 24 hour mining period, the mining period will have to last for years to make POW security even moderately feasible, unless POS method is used, then rich get richer etc.

The good thing about x11 it has a number of algos inside it it will be hard to crack them even with most advanced computing methods.

itsAj

hero member

Activity: 588

Merit: 500

Quote from: Magiklair on August 10, 2015, 02:49:48 PM

Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…

It will be around 11 Billion - Estimated Population Size at year 2100

http://www.theguardian.com/environment/2014/sep/18/world-population-new-study-11bn-2100

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

Quote from: itsAj on August 10, 2015, 02:43:58 PM

Quote from: shojayxt on August 10, 2015, 02:40:43 PM

Will this be POW initial distribution? If so X11 is a bad idea as it will just get raped by mining farms.

I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.

X11 hashing hasnt been cpu friendly since 2 weeks after Xcoin (Xcurrency) launched in January 2014... you can get 1G/hash for .37BTC a day on miningrigrentals right now. and would struggle to get 1Mhash out of a cpu?

edit to add:
you know launching a stable x11 coin will be a gpu rape festival like everything else thats launched lately.
ethereum has cpu/gpu and ive been cpu mining since friday with no luck, it'll only get worse once gpu documentation spills out in a more digestible format

Magiklair

member

Activity: 293

Merit: 10

Please finish the details of the coin prior to adding a pool. It will be nice to know the coin specifications. Such as coin size…

itsAj

hero member

Activity: 588

Merit: 500

Quote from: shojayxt on August 10, 2015, 02:40:43 PM

Will this be POW initial distribution? If so X11 is a bad idea as it will just get raped by mining farms.

I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless.

shojayxt

legendary

Activity: 896

Merit: 1001

Will this be POW initial distribution? If so X11 is a bad idea as it will just get raped by mining farms.

keriferocoius

full member

Activity: 164

Merit: 100

So those softwares in the roadmap will be useable on the ethereum blockchain?

itsAj

hero member

Activity: 588

Merit: 500

Quote from: ocminer on August 10, 2015, 02:18:14 PM

Quote from: itsAj on August 10, 2015, 02:00:56 PM

Quote from: ocminer on August 10, 2015, 01:58:17 PM

Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug

Yes i've got lots of trouble sending/crediting funds in ETH with my test-pool... tbh currently i'm stuck but in contact with the devs concerning that.

If you go X11 and "Standard-Codebase", I'll have a pool ready in a few mins, no prob.

Let me know in pm or public portion of funds to keep the pool running for a couple of years, the cpu mining will really help backbone of the network. First thing I have to do is negotiate with pool operators and I'd rather deal with you that is legitimate than others.

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: itsAj on August 10, 2015, 02:00:56 PM

Quote from: ocminer on August 10, 2015, 01:58:17 PM

Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug

Yes i've got lots of trouble sending/crediting funds in ETH with my test-pool... tbh currently i'm stuck but in contact with the devs concerning that.

If you go X11 and "Standard-Codebase", I'll have a pool ready in a few mins, no prob.

mistercashking

legendary

Activity: 1044

Merit: 1050

cool will keep an eye on this. Shocked

itsAj

hero member

Activity: 588

Merit: 500

Quote from: ocminer on August 10, 2015, 01:58:17 PM

Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

I might just create a normal X11 with anon features first then move it all over. So pool registration will be good, eth has too many bugs at the moment for windows users to keep private keys secure. So it has to be patched first:

http://cointelegraph.com/news/115086/windows-ethereum-users-affected-by-private-key-bug

Scaccomatt0

legendary

Activity: 1120

Merit: 1000

https://cryptoworld.io

looking good, especially the "comprehensible" tasks!

keriferocoius

full member

Activity: 164

Merit: 100

is it real? i mean this is not a "scam" like ethercoin or something?
You have really good ideas!!!

ocminer

legendary

Activity: 2688

Merit: 1240

Looks interesting, I'll add a Pool if I can get my codebase working with ETH until launch

itsAj

hero member

Activity: 588

Merit: 500

Quote from: Sir_Astral on August 10, 2015, 01:56:54 PM

Date?

Soon.

Sir_Astral

hero member

Activity: 574

Merit: 500

Date?

NextGenCrypto

sr. member

Activity: 462

Merit: 250

Awesome. Looking forward to more information and mining some of this bad boy! If there's anything I can help with, please let me know.

Topic: LIQUID (ETHEREUM FORK) - page 2. (Read 4419 times)