[PRE-ANN][HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 73.

instacalm

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Quote from: keccak512 on February 17, 2014, 06:49:30 PM

Quote from: ?? on ??

you need independent escrow for the IPO

I'm open to this idea. I'll speak to Nomisugi tomorrow and make a decision. Maybe a senior forum member or do you have another suggestion?

I'd suggest Anon136 from my side but any independent and trusted senior forum member should be fine. Thank you!

keccak512

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Quote from: ?? on ??

you need independent escrow for the IPO

I'm open to this idea. I'll speak to Nomisugi tomorrow and make a decision. Maybe a senior forum member or do you have another suggestion?

keccak512

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Quote from: otila on February 17, 2014, 04:24:07 PM

Quote

Moreover, the top bits are considered to be much stronger than the lower bits.

This is highly untrue for cryptographic hash functions.

Take, for instance, SHA-256

The tops bits A will have been through more rounds of the compression function.

Quote from: otila on February 17, 2014, 04:24:07 PM

Quote

experimentally validating it against FIPS 140-2 and the Dieharder statistical test suite

This is very irrelevant.

Formal analytical proofs seems quite rare in this area. SHA-256 and many others don't have them. To the best of our knowledge, FIPS 140-2 and Dieharder are commonly used for evaluation, but we are keen to do more work on this in the future.

freet0pian

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No picture of Heavy?

doge94

sr. member

Activity: 349

Merit: 250

We will be working with devs to ensure everything will be working on launch! First pool!

Stablehash Features:

48GB DDR3 ram + Xenon 4/8 core processor
2TB HDD + RAM memcache
160 Gbps DDoS mitigation
99+% efficiency
99+% uptime
VARDIFF
Commitment to uptime and stability
IRC chat

http://heavy.stablehash.com/

0% fee for next 50 miners!

keccak512

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Quote from: SCryptoMiners on February 17, 2014, 06:13:43 PM

I'd be more than happy to set up a pool for this, just sent you a pm about it keccak512.

Got it. Thanks! I'll be in touch.

keccak512

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Quote from: Frogcoin on February 17, 2014, 04:50:10 PM

Where are the other 1.5 million coins?

I see 5m + (55m or 120m) + 1.5m, but that leaves 1.5 left over. Are you just keeping them?

The 1.5 is from the 1-2% premine, which is described in the announcement

Quote

...
Total supply: 63M to 128M HVC (depending on votes)
Multipool protection: ~~Kimoto Gravity Well~~ Temporal Retargeting
Premine: 1-2% (depending on total supply) for future development, support and maintenance

SCryptoMiners

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I'd be more than happy to set up a pool for this, just sent you a pm about it keccak512.

keccak512

full member

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Quote from: TiberiuC on February 17, 2014, 05:11:38 PM

So the investors will get 5mil no matter how many coins are voted?

correct. Investors split the 5M proportionally. It's a relatively small IPO.

Quote from: TiberiuC on February 17, 2014, 05:11:38 PM

The miners, which are probably more will vote 128M at the disadvantage of investors.
Or i'm getting this wrong?

The IPO's 5M is guaranteed to be 4% or more of the total money supply, once mining is exhausted.

If the decentralized voting decreases the supply, then the IPO's 5M can be at most 8%.

keccak512

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Quote from: eB101 on February 17, 2014, 04:19:25 PM

Did the IPO Start? I'm interested but it doesn't seem like it started, or maybe just no one is interested yet?

Dates and info

IPO dates: Feb 17th - March 3rd, 2014

From http://heavycoin.github.io/launch.html

TiberiuC

sr. member

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So the investors will get 5mil no matter how many coins are voted? The miners, which are probably more will vote 128M at the disadvantage of investors.
Or i'm getting this wrong?

JammyDodger

member

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Added to Cryptocoins Calendar looking forward to seeing this, all the best with the release.

Frogcoin

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Where are the other 1.5 million coins?

I see 5m + (55m or 120m) + 1.5m, but that leaves 1.5 left over. Are you just keeping them?

doge94

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Merit: 250

Quote from: keccak512 on February 17, 2014, 03:59:43 PM

Quote from: virtualdn on February 17, 2014, 01:15:19 PM

http://coinok.pw would like to apply for bounties as:

- the first faucet
- the first paper wallet
- the first game

Your interest has been registered. Thanks!

In most cases bounties will be determined after the mining launch and will be awarded for working services only. In special cases a bounty may be reserved ahead of the launch date. Some examples are

Translating the Heavycoin PRE-ANN post to another language
Promoting Heavycoin on another forum, twitter, Facebook, etc
Development contributions for a block explorer
Development contributions towards a mining pool.
Development contributions toward p2pool

The last three examples may require interactions with the core Heavycoin developers before the launch. If someone is willing to commit to such an effort before the mining launch, then it makes sense to promise their bounty ahead of time. Assuming they can deliver, then they would received their bounty after we go live.

Please watch this space for announcements about pre-launch bounties that we may offer for spreading the word about Heavycoin.[/list]

Talking about bounties I would be willing to work with you to get a stratum-mining implementation working for my pool. Please PM me.

otila

sr. member

Activity: 336

Merit: 250

Quote

Moreover, the top bits are considered to be much stronger than the lower bits.

This is highly untrue for cryptographic hash functions.

Quote

experimentally validating it against FIPS 140-2 and the Dieharder statistical test suite

This is very irrelevant.

eB101

full member

Activity: 132

Merit: 100

Did the IPO Start? I'm interested but it doesn't seem like it started, or maybe just no one is interested yet?

keccak512

full member

Activity: 210

Merit: 100

Quote from: virtualdn on February 17, 2014, 01:15:19 PM

http://coinok.pw would like to apply for bounties as:

- the first faucet
- the first paper wallet
- the first game

Your interest has been registered. Thanks!

In most cases bounties will be determined after the mining launch and will be awarded for working services only. In special cases a bounty may be reserved ahead of the launch date. Some examples are

Translating the Heavycoin PRE-ANN post to another language
Promoting Heavycoin on another forum, twitter, Facebook, etc
Development contributions for a block explorer
Development contributions towards a mining pool.
Development contributions toward p2pool

The last three examples may require interactions with the core Heavycoin developers before the launch. If someone is willing to commit to such an effort before the mining launch, then it makes sense to promise their bounty ahead of time. Assuming they can deliver, then they would received their bounty after we go live.

Please watch this space for announcements about pre-launch bounties that we may offer for spreading the word about Heavycoin.[/list]

virtualdn

legendary

Activity: 1358

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http://coinok.pw would like to apply for bounties as:

- the first faucet
- the first paper wallet
- the first game

Tovey

newbie

Activity: 41

Merit: 0

Good coin!

Prabhjot Lalli

member

Activity: 91

Merit: 10

Monitoring.

Topic: [PRE-ANN][HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 73. (Read 140040 times)