Author

Topic: Scrypt merged mining coming soon? (Read 948 times)

newbie
Activity: 48
Merit: 0
November 30, 2013, 07:00:08 PM
#7
We lauched a new coin today, USC, UnitedScryptCoin. It can be merge mined with LTC and other scrypt_1024_1_1_256 coins. See the announcement for more info.
vip
Activity: 840
Merit: 1000
October 30, 2013, 02:21:45 AM
#6
legendary
Activity: 882
Merit: 1000
October 30, 2013, 02:21:08 AM
#5
I will find you.....
vip
Activity: 840
Merit: 1000
October 30, 2013, 02:17:57 AM
#4
It is possible.  Nothing in that explanation as to why it can't makes any sense.  

As for why not. All Scrypt coins (to date) are just pump and dumps (or "no fair GPUs are too powerful I want to get rich with my CPU" = LTC).  Nobody has cared enough to implement it.  There is also the issue of "who is the master".  In merged mining (or at least as implemented via Bitcoin) one chain needs to be the parent chain.  One or more child chains are mined off the parent.   I can imagine the little kid sandbox fight in four copycoin "developers" came together to implement merged mining.

"why it can't makes any sense"

Really?

I hope you are as drunk as I am, if not I lost a huge amount of respect.

I know you hate alts but reality, deal with it. I respect most of what you say, 99% or more, but your hate for alts is just wrong. You can't stop it.
donator
Activity: 1218
Merit: 1079
Gerald Davis
October 30, 2013, 02:12:43 AM
#3
It is possible.  Nothing in that explanation as to why it can't be done makes any sense.  

As for why not? All Scrypt coins (to date) are just pump and dumps or "no fair GPUs are too powerful I want to get rich with my CPU" = LTC.  Nobody has cared enough to implement it.  There is also the issue of "who is the master".  In merged mining (or at least as implemented via Bitcoin) one chain is the parent chain.  One or more child chains are mined off the parent.   I can imagine the little kid sandbox fight if four copycoin "developers" came together to implement merged mining.
vip
Activity: 840
Merit: 1000
October 30, 2013, 02:07:45 AM
#2
Now that I have your attention:

There have been topics about the possibility of merged mining for Scrypt coins.

The conclusion was that it isn't possible, so I always believed it isn't.

For SHA256 coins, it's like sending in a lottery ticket 2 times, hoping you find a block on 1 of the chains.
That isn't possible for Scrypt, because you don't send in tickets but calculate seperate tickets for every chain.

(someone explained to me once in "merged mining for dummies" language).

But I like to question everything, so my questions are:


- is it (theoretically) possible to merge mine Scrypt coins?
- why is/isn't it?
- if it is possible, why don't we do it already?

Let's have a nice discussion about this Smiley And by nice, I mean: be nice to each other (and to me Wink )


   


Now that I have your attention: Welcome to my ignore list. If you need to mislead people to read your post, fuck off wanker.

There is no way this is soon and you know it.

edit: I do not normally ignore good people like you but this is beyond the pale.
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
October 30, 2013, 01:53:54 AM
#1
Now that I have your attention:

There have been topics about the possibility of merged mining for Scrypt coins.

The conclusion was that it isn't possible, so I always believed it isn't.

For SHA256 coins, it's like sending in a lottery ticket 2 times, hoping you find a block on 1 of the chains.
That isn't possible for Scrypt, because you don't send in tickets but calculate seperate tickets for every chain.

(someone explained to me once in "merged mining for dummies" language).

But I like to question everything, so my questions are:


- is it (theoretically) possible to merge mine Scrypt coins?
- why is/isn't it?
- if it is possible, why don't we do it already?

Let's have a nice discussion about this Smiley And by nice, I mean: be nice to each other (and to me Wink )
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