Topic: [PRE-ANN] Expanse (EXP) - Fair Mining, Fair Launch, No ICO, Based on Ethereum. - page 2. (Read 25073 times)
September 04, 2015, 08:46:05 PM
I'll mine this
September 04, 2015, 08:45:19 PM
Any news?
We are very close to the announcement now and should have it up within days. Sorry for the delays, but we want to get this done right.
There will be public test mining in advance of the actual launch so people can test and have everything ready, so that the actual launch will be as fair as possible for everyone.
There should be no problem with getting Expanse on a good exchange.
Good to hear the hard work and effort to make it a fair launch.
September 04, 2015, 05:01:39 PM
Any news?
We are very close to the announcement now and should have it up within days. Sorry for the delays, but we want to get this done right.
There will be public test mining in advance of the actual launch so people can test and have everything ready, so that the actual launch will be as fair as possible for everyone.
There should be no problem with getting Expanse on a good exchange.
September 04, 2015, 04:49:03 PM
Any news?
We are very close to the announcement now and should have it up within days. Sorry for the delays, but we want to get this done right.
There will be public test mining in advance of the actual launch so people can test and have everything ready, so that the actual launch will be as fair as possible for everyone.
There should be no problem with getting Expanse on a good exchange.
September 04, 2015, 08:24:17 AM
Is Cuckoo currently used in any coin? sounds like a very fair distribution method.
No; it's not in use as far as I know.
As to fair distribution, that depends more on the reward schedule than on the PoW.
Nothing is fair when the majority of coins is released in a few weeks, or even a few days.
A fair distribution would start with negligible rewards, which slowly climb over a period
of months, to reach their peak in maybe a year, when mining software has had a chance to mature
and spread to many platforms (e.g. phones charging overnight), and then slowly decline over many years.
A lengthy pre-ann + linear rewards + a few weeks is decent IMO. It's not like alt-coin crowd will double in a year. I think whoever will ever participate in mining expanse are already monitoring this thread and other channels for the eventual non-ninja launch.
YES WE ARE!!
September 04, 2015, 08:02:57 AM
Any news?
September 03, 2015, 07:24:51 PM
I'm glad to see everyones support, we should have some testnet testing pretty soon We dont wnt to be doing any "do overs".
We dont wnt to be doing any "do overs".Relaunches are quite the bother most of the times...lol
September 03, 2015, 03:09:54 PM
I'm glad to see everyones support, we should have some testnet testing pretty soon We dont wnt to be doing any "do overs".
We dont wnt to be doing any "do overs". September 02, 2015, 03:03:15 PM
Guess EXP can learn from what Ethereum and SHF have made a mistake at; make things more user friendly to the masses. A gui wallet with a daemon running inside it and maybe a gui miner. Also, don't rush it, rather have a polish product than a heap of hot mess. I've mined both ETH and currently SHF, so far the same experience as far as mining goes. Strangely I get 71 MHS with SHF compared to 68 MHS on ETH with 3 HD 7970's. Hopefully DAPPS will be more simple to create in the future.
Couldn't agree more. Hope they take their time. the one with the larger user base will come out on top and for that it all needs to make sense to to the regular folk who will just want to use their hashing power without having to RTFM 17 times.
A lot of devs just assume that everyone that mines and/or involved in crypto are IT people, like myself in computer networking. But majority are just people that just know basic computer skills: ie. word, browser, gaming, etc.... What ever crypto can simplify adoption, is transparent in agendas, promotes well with great PR, truly democratic with no censorship, make a solid team and have a useful circulating currency will come on top of things, maybe even surpass BTC and other top digital currencies.
We will have a public mining test for anyone that wants to test mining before the launch. So everyone that needs to can learn how to set it up in a non competitive environment and be ready for the actual launch. As we are not ninja launching or instamining, or any of that sort of trickery, we can just have a totally fair launch where everyone that wants to be a part of it has a fair and equal start. Obviously if we do this with public test mining, that would be on a testnet and not be actual coins/tokens. We think it is very important to really include everyone that want to be a part of Expanse.
Right on....
Can't wait till this finally gets online...
September 02, 2015, 01:30:50 PM
Is Cuckoo currently used in any coin? sounds like a very fair distribution method.
No; it's not in use as far as I know.
As to fair distribution, that depends more on the reward schedule than on the PoW.
Nothing is fair when the majority of coins is released in a few weeks, or even a few days.
A fair distribution would start with negligible rewards, which slowly climb over a period
of months, to reach their peak in maybe a year, when mining software has had a chance to mature
and spread to many platforms (e.g. phones charging overnight), and then slowly decline over many years.
A lengthy pre-ann + linear rewards + a few weeks is decent IMO. It's not like alt-coin crowd will double in a year. I think whoever will ever participate in mining expanse are already monitoring this thread and other channels for the eventual non-ninja launch.
September 02, 2015, 01:26:13 PM
Guess EXP can learn from what Ethereum and SHF have made a mistake at; make things more user friendly to the masses. A gui wallet with a daemon running inside it and maybe a gui miner. Also, don't rush it, rather have a polish product than a heap of hot mess. I've mined both ETH and currently SHF, so far the same experience as far as mining goes. Strangely I get 71 MHS with SHF compared to 68 MHS on ETH with 3 HD 7970's. Hopefully DAPPS will be more simple to create in the future.
Couldn't agree more. Hope they take their time. the one with the larger user base will come out on top and for that it all needs to make sense to to the regular folk who will just want to use their hashing power without having to RTFM 17 times.
A lot of devs just assume that everyone that mines and/or involved in crypto are IT people, like myself in computer networking. But majority are just people that just know basic computer skills: ie. word, browser, gaming, etc.... What ever crypto can simplify adoption, is transparent in agendas, promotes well with great PR, truly democratic with no censorship, make a solid team and have a useful circulating currency will come on top of things, maybe even surpass BTC and other top digital currencies.
We will have a public mining test for anyone that wants to test mining before the launch. So everyone that needs to can learn how to set it up in a non competitive environment and be ready for the actual launch. As we are not ninja launching or instamining, or any of that sort of trickery, we can just have a totally fair launch where everyone that wants to be a part of it has a fair and equal start. Obviously if we do this with public test mining, that would be on a testnet and not be actual coins/tokens. We think it is very important to really include everyone that wants to be a part of Expanse.
September 02, 2015, 12:53:33 PM
Same here. On the first look, it looks promising but when you read some little more than the project seems not really professional. Hope that changes.
I hope you manage to launch this better than SHIFT. That one looks like garbage to me after reading up on it a bit.
September 02, 2015, 12:24:59 PM
Is Cuckoo currently used in any coin? sounds like a very fair distribution method.
No; it's not in use as far as I know.
As to fair distribution, that depends more on the reward schedule than on the PoW.
Nothing is fair when the majority of coins is released in a few weeks, or even a few days.
A fair distribution would start with negligible rewards, which slowly climb over a period
of months, to reach their peak in maybe a year, when mining software has had a chance to mature
and spread to many platforms (e.g. phones charging overnight), and then slowly decline over many years.
September 02, 2015, 12:21:21 PM
Chris Franko has my full support. A very talented developer, and a good person. One of the very few I have ever trusted and supported since coming into the cryptocoin scene back in 2011. Looking forward to this project. If you guys need any resources, you can drop me a PM.
Mistercoin-
Mistercoin-
September 02, 2015, 12:02:20 PM
Advantage over what
One cpu?
Two cpu?
3453 cpu?
One cpu?
Two cpu?
3453 cpu?
September 02, 2015, 11:38:31 AM
Is Cuckoo currently used in any coin? sounds like a very fair distribution method.
Very fair. Malware distributors are happy. Botnets know what to do. Geez.
Sorry, didn't know it was malware, first time I've read about it.*edit* I see what you mean... but the point is gpu has no advantage over cuckoo apparently
September 02, 2015, 11:33:34 AM
Is Cuckoo currently used in any coin? sounds like a very fair distribution method.
Very fair. Malware distributors are happy. Botnets know what to do. Geez. September 02, 2015, 11:31:48 AM
The reason why so many "cpu-only" claiming PoWs were disproven, is that they
were doing too much computation. Of course, a GPU is going to excel at doing computation.
In contrast, in my Cuckoo Cycle PoW, mining is designed to *avoid* computation, just doing the minimum possible computation to generate random accesses to arbitrary scalable amounts of memory.
In mining, the majority of runtime is spent waiting for global memory access latency, which also
makes it a rather energy efficient PoW.
The reason it can scale memory arbitrarily is that, unlike almost every other "memory hard" design,
this proof of work is asymmetric, so verification remains instant and requires no memory at all.
There's a $500 bounty on convincingly disproving my claim that GPUs have no advantage over CPUs, see
https://github.com/tromp/cuckoo
which also has a whitepaper.
Is Cuckoo currently used in any coin? sounds like a very fair distribution method.
September 02, 2015, 11:23:45 AM
There's a $500 bounty on convincingly disproving my claim that GPUs have no advantage over CPUs, see
What do you expect with $500 bounty?
September 02, 2015, 11:15:12 AM
CPU only is a myth.
"CPU only" means "No performance advantage for GPU"
(a more subtle meaning would be No performance/watt advantage for GPU,
but since electricity is considered "free" in some circumstances, I prefer the
simpler notion of absolute performance, which is also much easier to measure).
How is that a myth?
It is a myth in that it has not yet been demonstrated. As far as I know (and of course, I am not all knowing) there is no design for a cpu only algo that can (and has) not been made to be drastically outperformed by a GPU. Certainly many have been claimed, but disproven. Again, I am not omniscient so it is entirely possible it is out there somewhere, possibly even in plain sight and of common knowledge(just not to MY knowledge)... -- I would love for my own academic reasons to see and study one if there is, so please do provide a link if you are aware of any.
The reason why so many "cpu-only" claiming PoWs were disproven, is that they
were doing too much computation. Of course, a GPU is going to excel at doing computation.
In contrast, in my Cuckoo Cycle PoW, mining is designed to *avoid* computation, just doing the minimum possible computation to generate random accesses to arbitrary scalable amounts of memory.
In mining, the majority of runtime is spent waiting for global memory access latency, which also
makes it a rather energy efficient PoW.
The reason it can scale memory arbitrarily is that, unlike almost every other "memory hard" design,
this proof of work is asymmetric, so verification remains instant and requires no memory at all.
There's a $500 bounty on convincingly disproving my claim that GPUs have no advantage over CPUs, see
https://github.com/tromp/cuckoo
which also has a whitepaper.
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