Topic: These new EFFICIENT x11 algos everyone is talking about ?? BULLSHIT or real? - page 6. (Read 16291 times)

Hi, I'm the developer of Darkcoin. You can go download the beta client right now and send decentralized anonymous transactions. So yeah, it's the first anonymous coin. If everyone used beta, the whole blockchain would be anonymous.

X11 does indeed run 30 degrees colder than scrypt, so I'm not sure what you're complaining about there. DGW reacts faster and more effectively to whales joining because I used exponential moving averages which are just better for this type of thing, again not sure what you're talking about.

See DGW in action here: http://drk.poolhash.org/graph.html

I also fixed the timewarp exploit, so it's the only safe algorithm currently (for difficulty adjustment every block).

The next big thing in Darkcoin land are MasterNodes, you'll hear about people running a specific type of client and making tons of money in exchange for anonymizing transactions of the network (again, the anonymous transactions exist...)

how come? I thought it was the opposite, since if you can break say the first algo you still have 10 rounds of hashing to do so it's not a huge speed up anyway

I am not aware of quark's basics but if it has 6 chained algos then yeah ... it is.

Well yes if that is true it is true...but then x11 is 11 times more vulnerable.

Stop side tracking to coins specifically.

the block time of dark being longer gives longer attack time or not? i don't know?


All you need to do is give one ONE benefit of x11 that clearly goes beyond what no other algo we have had before offers? it really can't get any more simple than that.

State it hear just one simple line of text explaining something about x11 that puts it clearly above all other methods. Then we can analyse it. If true then x11 is the one to go for.

So Quark is 6 times more vulnerable than, say, Bitcoin?

DRK has like 2.5m block and QRK has, what? 30 secs? And your problem is the hash type? Seriously?  


"We"? LOL. Yes, I'm sure there's a crowd out there waiting to hear that x11 can split the Nile water in two.

please stop preaching the security of a chained algo. chained algos are only as strong as their weakest link so if one of the algost piled on top of eachother in x11 breaks the whole chain breaks.

You already have your mind made up and you pretend to ask in order to be informed so that you can end up repeating your own pre-formed conclusions.



1) Less energy for GPU = happy miners
2) More secure as it doesn't rely on the integrity of a single hash. It does not have a single point of failure approach, so to speak. Otherwise quark itself, as you point out in your questions, is useless - we could all be happy with 1 hash.
3) Coins with >1 hashes are diversification tool against the risks that single-hash coins have. Whether 2 hashes or 10 hashes, it's open to individual preference.
4) CPU friendliness as the rate of acceleration is not tremendous compared to GPUs (so far). From what I see in the miner, it uses the standard crypto libraries which should be pretty efficient by themselves - as they also include a number of built in optimizations.
5) Cheaper ASICs than scrypt-type coins when the algo goes to ASIC stage (all gpu mineable hashes will get to this point if the coins are profitable), due to requiring less RAM. Cheaper ASICs = more decentralization possible.

Now, if you are a crybaby, you can always take something and spin it any way you want. For example enhanced security could be called a problem because it creates lag. Yeah I mean that's why people don't use 1 letter passwords. Sure they could login faster if they used them, but their security would be at risk. And if Bitcoin used a lesser hashtype, it would be faster but less safe. So what?

Likewise about the cpu / gpu friendliness, one can say "great this is closer to the bitcoin ideal" and another one can say "this is a botnet coin". The same is true for the GPU energy... one says "oh that's great" another one whines about the optimization level.


Yes, I'm sure you are. People in here started saying all kind of crap about "hype" and stuff, when there's been so little promotion about it. It's just that miners started finding out about the reduced power consumption in a period where scrypt profitability is borderline pathetic when contrasted with elevated electricity costs. That's all. And probably because of that, it will be adopted by another 10-20-30 coins. Who cares? Is it the best hashing algorithm that man ever invented? No. Is it ASIC proof - in that ASICs will never be developed for it? No. Is it the fastest in its verification? No. Is it fully optimized? No, since its new. Will there be other coins that branch from X11 into X12 or reverse sequence of the hashes? Yes. It actually happened since day one (chaincoin taking X11 and reversing the order of two hashes). So? Will you be here examining X12, X13 and X33 also?

And finally: Is it better than scrypt or sha256? It depends on how you define better and what your priorities are. There is no definite answer, since we do not live in a black and white world. And that also answers if it is better than Quark.

thanks yes exactly....

many people have worked hard buying and mining scrypt coins for months on end....whilst i appreciate x11 could prevent asics and add some security advantages let's be 100% sure that it is the best option before pushing all coins that way.  I get worried when i see LTC and doge discussions about x11... the new wave of coins coming out with x11 isn't as bad since you know what you are getting into when you mine it , but changing algos is different.

I can't yet from this thread see how x11 became so popular? i mean not 1 certain advantage over all algos we had already? it is pure marketing so far then?? this is crazy... what are people thinking about asking to move ltc and doge to this algo when they can't provide any reason for choosing it. Seems insane.

I think Cryptohunter is doing a good job trying to shine some light on what's true, what's overhyped or underhyped before himself and others risk money on it. As you see his has to ask the questions over and over which some just ignore.

Well i own about 100 coins... so difficult for me to pump them all at once... i have mined nearly every single coin on launch and for some reason neglect to sell them.

Don't try to derail this thread. It is not to focus on a single coin.

X11 - does it have any clear advantages over what we had before or not... so far NOT.

It is simple no need to try and muddy the waters with pumps dumps, fair not fair. I have responded to those discussions only. This thread is for x11 only the algo chain itself...not an individual coin.

I'm sure you can check my post history to see which coins i have previous recommended ... or which i see as good safe bets. Besides my opinion is my opinion only what does that matter regarding investing ...

LOL the funniest part is drk coin was on my list of reasonable investments i would usually quote....go back and check for yourself.

There is no reason quite a few coins can not exist together. Sure may not all of the 100 coins i own are going to make it big but as long as they were fair or i didn't notice they were unfair i for the most part have just kept everything... bit of a hoarder like that.

Anyway i'm not here to discuss coin investments, i am here to examine x11. That is it.

Thanks very much, yes i am in the same position as yourself buying and mining away on all sort of coins. Nobody really knows which will have the most positive returns or stand above the others, perhaps none will and btc will remain at the top.

Let's await anyway as yet perhaps some technically minded people will come soon and seriously do a strict comparison of all the algos both their pro's and cons backed by hard evidence and we will know if it is good idea to put all our eggs in the x11 basket.

So long as persons only post the truth and things they can back up then i see no reason for this discussion to veer of into a train wreck... let's not discuss coins because it is hard for some not to become upset if they feel their investment is under threat. I own not a lot of lots and lots of coins so really it makes little difference to me one coin seems to go down another goes up then back the other way, actually my exchange balances only move only a tiny bit up and down each day since it is spread so thinly over so many coins. Not a great investment plan i guess since never going to make a lot of gains that way.

Cryptohunter, let's cut the bullshit and please just tell us which coin you own and that you would advise others to buy so that you can enjoy your pump. The "this algo stinks", "this coin is a scam" etc are just the ritual for getting there. So let's just get to the end and bypass the ritual...

Tell us:

What coins do you own?
What do you advise others to buy (directly, not descriptively so that we can "figure it out")?

Replied from Darkcoin dev.

come on really you have not seen the litecoin x11 thread?

start looking through  scryptcoin threads.... you will see people asking for x11 conversion.

People are looking for the best options to avoid asics......... they are running to x11 but should they be running in different direction. That is the question.

stick x11 in the search box in the ann section.... tons of coins now coming with x11 also.... it is the new fad based upon nothing it seems.

I am not telling you anything. I am asking the question SHOULD ALL COINS BE MOVING TO X11 RIGHT NOW OR BE RESEARCHING IT A LITTLE MORE BEFORE WE START FORKING EVERY SINGE COIN OVER TO THIS ALGO CHAIN.

This in not an investment thread nor one really to discuss any coin individually. I have responded to people bring up specific coins but the discussion was intended to be about x11 only and its merits to warrant hard forking all scrypt coins over to it. Hell there was even talk of some forced x11 switch on LTC. I don't want my crypto wealth all pushed over to some as yet untested mishmash of algos without some deeper investigation into it. How hard is this for people to grasp?? are you saying we should blindly move every single scrypt coin to x11 just because it sounds fancy?

Tell me some merits of x11 so i can get back to pushing for the scrypt coins i like to be moved to it at once.

If not x11, if not qrk, if not scrytn, perhaps myriads idea? scrypt jane who knows...

I can't believe as yet though we have not had ONE clear advantage of x11 over all previous algos and yet everyone is screaming for their coin to go x11??

I see nothing but people giving possible disadvantages... i am not a coder we need those that are smarter than 99% of us on this board to assist with making decisions. The communities are calling out for x11 but really they do not know why they are?

A scam is a scam. No matter the amount of argument that will never change. I hadn't really notice dark coin has a start like that and have even mentioned probably a wise investment on many occasions in threads.

I am sorry to learn it's origins are so tainted.  However for now i don't wish to focus on drkcoin or anycoin. I think it is very important for the entire community to know all the FACTS about x11 before every single coin adopts that algo. I was even pushing hard for x11 in the communities i take part in.  However now it really does not look like the wise choice. If the dev comes in here and describes in detail why it is superior then great let's all hurry and get swapped over to it.

But come on be honest... most of the tech people in here whether they be coin designers, coders that have built miners, people that run lots of pools, ..... i am hearing NOTHING to suggest this is the best solution at all.

thanks, so yet another unfavourable but factual point here.

This is what we need to know... just plain and simple facts regarding x11 before every single coin decides to fork over to this we need to examine it and weigh up the pros and cons of each alternative algo or algo chain.

come now don't be silly about this... i don't want to go through the steps one by one showing without DOUBT that coins was a planned instamine scam.

This thread is about x11's merits. I will create another thread debating hirocoins scam if you want ....so we can discuss it there.

However this thread is just to discuss x11 not drk coin or hirocoin. I am asking about x11 the chained algo that is it. This is far more important to me right now because i do not want to fork coins i am invested in over to that if there is no clear advantage and have to fork again to another algo straight after.