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Topic: [PREANN] SMOKE - SMOKE-4 ALGORITHM - New algos (BMW + X) - BETA WALLET NEAR. - page 6. (Read 24655 times)

hero member
Activity: 714
Merit: 500
Who have you chosen for escrow? Considored anon136?
member
Activity: 70
Merit: 10
Ehi dev, how long the POW phase will be? thanks for the reply

Around 4 Months.
sr. member
Activity: 322
Merit: 250
sr. member
Activity: 826
Merit: 263
Ehi dev, how long the POW phase will be? thanks for the reply
full member
Activity: 234
Merit: 100
We have just confirmed a verified escrow agent. IPO will be available soon.
niceness
member
Activity: 70
Merit: 10
We have just confirmed a verified escrow agent. IPO will be available soon.
member
Activity: 70
Merit: 10
Escrow is still needed for this project, if anyone is interested in this project and can provide an escrow please contact us. We are near release so we will know start to contact known reputable escrowers.
member
Activity: 70
Merit: 10
http://people.item.ntnu.no/~danilog/Hash/BMW-SecondRound/Supporting_Documentation/BlueMidnightWishDocumentation.pdf

This is the first algorithm we have integrated:

Blue Midnight Wish

It is more efficient than SHA-2 functions.
It has improved security than SHA-2 functions.

It is resilient to length extension attacks.
It is resilient to multi-collision attacks.

There is a distinct possibility that SHA-256 will be cracked or has deep weaknesses much like a large amount of other algorithms. This is why we are combining BMW with a large range of other algorithms.
newbie
Activity: 5
Merit: 0
interested.
but we really need code verification in one form or another.
Also, what's the advantage of using these new algorithms? as per above, the mainstream cryptocurrency algorithms are already safe.
legendary
Activity: 2632
Merit: 1450
interesting to follow the new coins )
new algo - ok
but how to mine ?
member
Activity: 105
Merit: 10
Yes, because all the other algos are so unsafe and at risk of being cracked... there is no need for this coin what so ever, even the shittest of shit coins are beyond extremely secure, the only security threat to the general coin is the 51% attack, which only happens to dying crap coins that have very few people mining it.
hero member
Activity: 734
Merit: 500
Yeah... the new Logo is nice. Really minimalistic!
full member
Activity: 234
Merit: 100
member
Activity: 70
Merit: 10
We have decided to go with a new coin logo:
member
Activity: 70
Merit: 10
ALGORITHMS USED: ((SMOKE-4) - BMW , X , X , X)

err, X is the name of the algo, or you are just still undecided ?

X are just variables, X = One algorithm intention. IPO will be starting soon. After a while we will release the algorithms we have used. They are the best security algorithms in the market and when combined make an extremely secure network.
legendary
Activity: 1400
Merit: 1050
ALGORITHMS USED: ((SMOKE-4) - BMW , X , X , X)

err, X is the name of the algo, or you are just still undecided ?
legendary
Activity: 1632
Merit: 1010
We have updated the coin logo and changed the distribution of the coin to full POS. OP has been updated.



More details to come.

 lol nice logo.. funny how it gets dropped in another coin thread and you add smoke and fire
newbie
Activity: 28
Merit: 0
There can be a big ammount of coins that "never existed" and they could be dumped as soon as this coin reaches exchange and this coin would result in scam.

And you can't check it using a debugger?
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