Topic: Vault of Satoshi asks What Coins Do You Want to See? - page 4. (Read 31537 times)
Add Nxt please, want to buy Nxt with USD.
* We like coins that have a unique value proposition and aren't just a raw clone
** Darkcoin fits this very well. In fact, other coins are now cloning Darkcoin's energy saving algo.
* (unless they have a fantastic community behind them)
** Check. Great community that help each other, newbies, the development team and other coins - flaws in KGW were fixed with a new feature and other coins were alerted to the problem and the fix.
* or obviously coins with a fair volume.
** Steady volume. Many supporters holding knowing the implementation of DarkSend will get the press talking and will attract new holders. A discussion about zerocash from zerocoin vs. darkcoin vs. stealth addresses vs. dark wallet vs. lack of privacy from the blockchain will be a big feature in the press moving forward from April.
* So when you request a coin let me know why you think it's unique
** The only coin to address anonymity by avoiding routing through third-party services such as Tor. The anonymity is built into the users wallet which means mom, pop and grandma 2.0 can use the service to send and receive private transactions. The decentralized dream of Satoshi is maintained while adding privacy.
** Bitcoin users can interact with Darkcoin to break links with the blockchain while maintain their bitcoin bias.
** through Vault of Satoshi adding a variety of coin-coin options, many other coins can interact with Darkcoin to access anonymity, while maintaining their own alt-coin bias. This means plenty of exchanges.
* why you think it's going places and where it is at right now! Quite a few times we've been the first exchange to adopt smaller coins for direct fiat trade and we've found that's always helped their communities flourish!
** Easy to access anonymity is one of the big ambitions of crypto that is yet to be delivered. With anonymity comes internet cash for the masses. Darkcoin is a number two market cap play behind Bitcoin because it gives a route to true internet cash, as well as enhancing Bitcoin and every other alt-coin. Darkcoin will find it difficult to gain access to point of sale terminals in stores over the medium term. So Darkcoin is a catalyst to further Bitcoin growth not a competitor to its leading market position.
For these reasons, Darkcoin.
** Darkcoin fits this very well. In fact, other coins are now cloning Darkcoin's energy saving algo.
* (unless they have a fantastic community behind them)
** Check. Great community that help each other, newbies, the development team and other coins - flaws in KGW were fixed with a new feature and other coins were alerted to the problem and the fix.
* or obviously coins with a fair volume.
** Steady volume. Many supporters holding knowing the implementation of DarkSend will get the press talking and will attract new holders. A discussion about zerocash from zerocoin vs. darkcoin vs. stealth addresses vs. dark wallet vs. lack of privacy from the blockchain will be a big feature in the press moving forward from April.
* So when you request a coin let me know why you think it's unique
** The only coin to address anonymity by avoiding routing through third-party services such as Tor. The anonymity is built into the users wallet which means mom, pop and grandma 2.0 can use the service to send and receive private transactions. The decentralized dream of Satoshi is maintained while adding privacy.
** Bitcoin users can interact with Darkcoin to break links with the blockchain while maintain their bitcoin bias.
** through Vault of Satoshi adding a variety of coin-coin options, many other coins can interact with Darkcoin to access anonymity, while maintaining their own alt-coin bias. This means plenty of exchanges.
* why you think it's going places and where it is at right now! Quite a few times we've been the first exchange to adopt smaller coins for direct fiat trade and we've found that's always helped their communities flourish!
** Easy to access anonymity is one of the big ambitions of crypto that is yet to be delivered. With anonymity comes internet cash for the masses. Darkcoin is a number two market cap play behind Bitcoin because it gives a route to true internet cash, as well as enhancing Bitcoin and every other alt-coin. Darkcoin will find it difficult to gain access to point of sale terminals in stores over the medium term. So Darkcoin is a catalyst to further Bitcoin growth not a competitor to its leading market position.
For these reasons, Darkcoin.
i thought VoS said you guys were going to add nxt? i have been waiting for a long time! what happened?
I started out my crypto journey with you guys because i believed you guys and yous had a fantastic service compared with others, and now my account is empty, its just waiting to deposit some nxt.
Please implement nxt. im waiting still.
I started out my crypto journey with you guys because i believed you guys and yous had a fantastic service compared with others, and now my account is empty, its just waiting to deposit some nxt.
Please implement nxt. im waiting still.
Lately it has dawned on me that bitcoin could become a tool for control in some dystopian future, and not the brave new technology to free us from the tyranny of governments and central banks.
The open ledger, lack of fungibility and lack of anonymity in bitcoin point to a future in which private finances could become an impossibility in a world where everybody's money is held in the clear and visible to all members of the network and governments.
Disturbing calls from some members of the bitcoin community for government regulation only prove that bitcoin is losing its way. Seeking validation from the very same institutions the bitcoin protocol was designed to flout only means it will ultimately be co-opted by those same institutions, any vestiges of its former glory stripped away. Government regulation is anathema to the cypherpunks and to the spirit in which Satoshi created the bitcoin protocol.
Even if it were possible to add strong anonymity to bitcoin, the core developers are understandably nervous about adding features to a currency which is still seeking acceptance. Now that governments are getting involved it is a moot point. Adding anonymity to bitcoin simply will not be permitted by governments.
Pseudo-anonymity means nothing. You're anonymous or you're not. Pseudo-anaonymity is a broken promise, a crumbling cookie. Thus bitcoin falls short of its ambition to become digital cash.
Hence… DarkCoin.
DarkCoin is what bitcoin was meant to be. "DarkCoin is digital cash."
Darkcoin is the spirit of Satoshi and belongs in his vault.
I'd like to thank eduffield and the other developers for this vitally important evolution in crypto-currency.
Darkness hides things and some things are not for the seeing. Anonymity and darkness share this quality. Some people fear anonymity. To them it brings lawlessness, zero accountability and anarchy. These people are ants.
We are grasshoppers.
The open ledger, lack of fungibility and lack of anonymity in bitcoin point to a future in which private finances could become an impossibility in a world where everybody's money is held in the clear and visible to all members of the network and governments.
Disturbing calls from some members of the bitcoin community for government regulation only prove that bitcoin is losing its way. Seeking validation from the very same institutions the bitcoin protocol was designed to flout only means it will ultimately be co-opted by those same institutions, any vestiges of its former glory stripped away. Government regulation is anathema to the cypherpunks and to the spirit in which Satoshi created the bitcoin protocol.
Even if it were possible to add strong anonymity to bitcoin, the core developers are understandably nervous about adding features to a currency which is still seeking acceptance. Now that governments are getting involved it is a moot point. Adding anonymity to bitcoin simply will not be permitted by governments.
Pseudo-anonymity means nothing. You're anonymous or you're not. Pseudo-anaonymity is a broken promise, a crumbling cookie. Thus bitcoin falls short of its ambition to become digital cash.
Hence… DarkCoin.
DarkCoin is what bitcoin was meant to be. "DarkCoin is digital cash."
Darkcoin is the spirit of Satoshi and belongs in his vault.
I'd like to thank eduffield and the other developers for this vitally important evolution in crypto-currency.
Darkness hides things and some things are not for the seeing. Anonymity and darkness share this quality. Some people fear anonymity. To them it brings lawlessness, zero accountability and anarchy. These people are ants.
We are grasshoppers.
Couldn't agree more.
Cryptomoney should not be able to be tracked so easily like it is at the moment. Or would you like it, if anyone would be able to go through bank accounts and see where the money goes to even if the owner is not known by name? I certainly do not want that.
Darkcoin
nxt
Mint for sure.
Just a comment on VoS. I've been with them for months now and these guys are solid.
Support messages returned within 15-20 minutes, speedy withdrawals (I use the cheque method).
Just had to put that out there.
Support messages returned within 15-20 minutes, speedy withdrawals (I use the cheque method).
Just had to put that out there.
DarkCoin has a highly active and talented dev working full-time on the coin. It is already (closed - beta / will get open sourced in a few weeks) a 99% anonymous coin working with a better technology then coinjoin / ZeroCoin. Big market cap and a very active community and no pump and dumps.
X11 hashing tech is energy efficient, consumes 50% less energy aprox and can be both GPU and CPU mined. Visit the page if you want more info:
https://bitcointalksearch.org/topic/anndash-dash-dashorg-first-self-funding-self-governing-crypto-currency-421615
This coin has a function and with it a future also.
X11 hashing tech is energy efficient, consumes 50% less energy aprox and can be both GPU and CPU mined. Visit the page if you want more info:
https://bitcointalksearch.org/topic/anndash-dash-dashorg-first-self-funding-self-governing-crypto-currency-421615
This coin has a function and with it a future also.
Nxt is a second generation crypto-currency: a safe, transparent, decentralized system for sharing data and payments with people all over the world… and it’s so lightweight that all of its functionality can be accessed through a web browser.
It’s 100% Proof of Stake system, so you don’t need high-performance computing capacity to help support the network. Even inexpensive devices like smartphones can be used.
Nxt users are rewarded in exchange for supporting the network. All transactions in Nxt are bundled into units known as “blocks”. The more Nxt you have in your account, the more often you will generate a block and be rewarded with a fee.
The system generates a block, on average, every 60 seconds.
Every block contains: information on the transactions in the block,
the total fee for those transactions, a Payload Hash, a digital signature, as well as information about the previous block. As blocks are added, they form a chain. Data storage is secure, and completely decentralized.
In addition to basic transactions, Nxt supports an alias system, as well as a system for storing small amounts of data on the blockchain. Nxt also supports a decentralized voting system, and the first functioning, fully-decentralized asset exchange system. All together, these next-generation features allow for the creation of any number of decentralized services on top of Nxt.
With Nxt, crypto-currency becomes a crypto-platform: a tool for the creation of a whole ecosystem of decentralized applications for users!
Videos:
http://youtu.be/_qi5r9kajDI
http://youtu.be/ic_WLMPX888
It’s 100% Proof of Stake system, so you don’t need high-performance computing capacity to help support the network. Even inexpensive devices like smartphones can be used.
Nxt users are rewarded in exchange for supporting the network. All transactions in Nxt are bundled into units known as “blocks”. The more Nxt you have in your account, the more often you will generate a block and be rewarded with a fee.
The system generates a block, on average, every 60 seconds.
Every block contains: information on the transactions in the block,
the total fee for those transactions, a Payload Hash, a digital signature, as well as information about the previous block. As blocks are added, they form a chain. Data storage is secure, and completely decentralized.
In addition to basic transactions, Nxt supports an alias system, as well as a system for storing small amounts of data on the blockchain. Nxt also supports a decentralized voting system, and the first functioning, fully-decentralized asset exchange system. All together, these next-generation features allow for the creation of any number of decentralized services on top of Nxt.
With Nxt, crypto-currency becomes a crypto-platform: a tool for the creation of a whole ecosystem of decentralized applications for users!
Videos:
http://youtu.be/_qi5r9kajDI
http://youtu.be/ic_WLMPX888
Lately it has dawned on me that bitcoin could become a tool for control in some dystopian future, and not the brave new technology to free us from the tyranny of governments and central banks.
The open ledger, lack of fungibility and lack of anonymity in bitcoin point to a future in which private finances could become an impossibility in a world where everybody's money is held in the clear and visible to all members of the network and governments.
Disturbing calls from some members of the bitcoin community for government regulation only prove that bitcoin is losing its way. Seeking validation from the very same institutions the bitcoin protocol was designed to flout only means it will ultimately be co-opted by those same institutions, any vestiges of its former glory stripped away. Government regulation is anathema to the cypherpunks and to the spirit in which Satoshi created the bitcoin protocol.
Even if it were possible to add strong anonymity to bitcoin, the core developers are understandably nervous about adding features to a currency which is still seeking acceptance. Now that governments are getting involved it is a moot point. Adding anonymity to bitcoin simply will not be permitted by governments.
Pseudo-anonymity means nothing. You're anonymous or you're not. Pseudo-anaonymity is a broken promise, a crumbling cookie. Thus bitcoin falls short of its ambition to become digital cash.
Hence… DarkCoin.
DarkCoin is what bitcoin was meant to be. "DarkCoin is digital cash."
Darkcoin is the spirit of Satoshi and belongs in his vault.
I'd like to thank eduffield and the other developers for this vitally important evolution in crypto-currency.
Darkness hides things and some things are not for the seeing. Anonymity and darkness share this quality. Some people fear anonymity. To them it brings lawlessness, zero accountability and anarchy. These people are ants.
We are grasshoppers.
The open ledger, lack of fungibility and lack of anonymity in bitcoin point to a future in which private finances could become an impossibility in a world where everybody's money is held in the clear and visible to all members of the network and governments.
Disturbing calls from some members of the bitcoin community for government regulation only prove that bitcoin is losing its way. Seeking validation from the very same institutions the bitcoin protocol was designed to flout only means it will ultimately be co-opted by those same institutions, any vestiges of its former glory stripped away. Government regulation is anathema to the cypherpunks and to the spirit in which Satoshi created the bitcoin protocol.
Even if it were possible to add strong anonymity to bitcoin, the core developers are understandably nervous about adding features to a currency which is still seeking acceptance. Now that governments are getting involved it is a moot point. Adding anonymity to bitcoin simply will not be permitted by governments.
Pseudo-anonymity means nothing. You're anonymous or you're not. Pseudo-anaonymity is a broken promise, a crumbling cookie. Thus bitcoin falls short of its ambition to become digital cash.
Hence… DarkCoin.
DarkCoin is what bitcoin was meant to be. "DarkCoin is digital cash."
Darkcoin is the spirit of Satoshi and belongs in his vault.
I'd like to thank eduffield and the other developers for this vitally important evolution in crypto-currency.
Darkness hides things and some things are not for the seeing. Anonymity and darkness share this quality. Some people fear anonymity. To them it brings lawlessness, zero accountability and anarchy. These people are ants.
We are grasshoppers.
Nxt, of course!
I recommend Darkcoin (DRK) as well, and here is a copy of part of the Darkcoin whitepaper explaining why:
DarkSend
Darkcoin uses a decentralized implementation of CoinJoin in order to anonymize transactions. We named this implementation "DarkSend".
Darksend is a CoinJoin-based, decentralized peer-to-peer being implemented into DarkCoin. Darksend provides protocol extensions to merge transactions together into larger anonymous transactions. This system uses regular nodes and elects a master node to create the transaction in a decentralized fashion.
DarkSend is a completely trustless solution, where users can achieve a high level of anonymity. With the exception of a collateral transaction (explained later, in detail), users run no risk of losing any money at any time.
This implementation of DarkSend is available as an option through the client and can be deactivated by the user at any time. The DarkSend implementation gathers the required (required for what?) information in multiple stages within each session:
accept inputs
accept outputs
elect a master node
broadcast the finalized transaction
sign
collect or destroy collateral
Defending Against Attack
With the decentralized implementation of Darksend, there are inherent challenges to dealing with rogue users who intend (or attempt) to attack the system. Such users could modify the software in a way that would cause it to refuse to sign, which would force the pool to reset every round.
To defend against various attacks, DarkSend implements a collateral system. A transaction for 0.1DRK is made out to the payment node to ensure proper usage of the system. This transaction is separate from the funds added to the DarkSend pool. If a user submits an input but refuses to sign or leaves at any stage, the payment node will “cash” the transaction by signing and broadcasting it. Collateral transactions require multiple signatures to complete from more than one payment node.
Payment nodes are simply the last node to create a block - specifically, the last block solver and the one before that. These nodes will monitor DarkSend for misbehavior. Should any be discovered, the payment nodes will “cash” the transaction by signing and broadcasting it. This has the added benefit of creating a sustainable income stream - in addition to mining - for miners, while simultaneously protecting the network from attackers.
The collateral transaction is made to multiple payment nodes (the last block solver and the one before that). Cashing collateral transactions require multiple signatures from the user, payment node 1 and payment node 2.
Collateral transactions from a successful DarkSend session are effectively destroyed using a sigScript to make them valid only for a given period of time.
Improved Anonymity
An anonymity enhancement to the generic CoinJoin implementation is added by only allowing inputs of the same size into the DarkSend pools. These sizes are referred to as "denominations" and are in powers of ten (e.g. 1DRK, 10DRK, 100DRK, 1000DRK). This allows the inputs from all users to be virtually the same. Outputs per user must add up to the denomination size.
Users that send less money than the denomination size will use a second "change" output. These outputs are new addresses not connected to their identity. This implementation allows or amounts of any precision to be sent without a negative impact in the quality of anonymity.
All users entering a DarkSend transaction pool have an equal chance of becoming the master node. All participant nodes know which node is the current master by way of an election algorithm. Master nodes also have a collateral transaction that is made out to the payment node, which can be cashed if they misbehave in any way.
In the case where a master node loses internet connection or is a bad actor, the collateral transaction of that node will be cashed and a slave node will be elected in it’s place. Due to the trustless nature of DarkSend, there is no risk of lost money from the master node being a bad actor as a slave node would be elected to replace the master node and the collateral would be forfeited to the network.
Master Node Election
The election algorithm is a pseudo random deterministic algorithm based on the transaction IDs in the Darksend pool. By adding up the hash values of the transaction IDs (no apostrophe) and running the value through the X11 hashing algorithm, a pseudo random number is created.
This random number is compared to a target number derived from the txid and pubkeys of the users outputs. The node with the lowest score is elected master while the second lowest score is elected slave. By using this algorithm we achieve a decentralized, tamper-proof system in which the users can know which node the master is.
Master Node Responsibilities
The decentralized nature of DarkSend requires that one node will decide which transactions are allowed into the pool to deal with network propagation issues. The master node is elected each round to broadcast the finalized transaction, which will then be signed by the DarkSend participants.
The participants will be able to check the authenticity of the messages coming from the master node by utilizing ECDSA signatures for all messages after election.
Participants in a DarkSend will only sign the finalized transaction if they find that their inputs and outputs are present with the correct amounts. After the transaction is signed and confirmed to be valid, the master node will broadcast the finalized signed transaction and resign.
Improved Pool Anonymity
Users who want to increase the anonymity of the pools can run scripts to “push” DarkSend transactions through the pool by sending money to themselves with DarkSend. This will allow them to take up a space in the pool to ensure the anonymity of other users. If enough users run scripts like this one, the speed of transactions and the anonymity of the network will be increased.
Reward Curve vs Reward Halving
Bitcoin was designed to have a fixed supply with a declining block reward schedule. This makes Bitcoin a deflationary currency, with a money supply that grows a small percentage year-over-year. One problem with this approach is the abrupt reward halving that happens every four years. This could eventually cause large distortions in the mining network when the profitability of mining changes drastically overnight.
DarkCoin replaces abrupt reward halving with a reward curve, 2222222/(((Difficulty+2600)/9)^2). The maximum and minimum amounts are set to 25 and 5 respectively. Using this formula, the reward will gradually drop over the following months and years and then provide a steady supply of approximately 1 million coins per year.
Difficulty Retargeting Using DarkGravityWave
DarkGravityWave uses multiple exponential moving averages and a simple moving average to smoothly adjust the difficulty. This implementation resolves possible exploits in KimotoGravityWell by limiting the difficulty retargeting to 3 times the 14 period EMA difficulty average.
Proof Of Work Utilizing X11
DarkCoin uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. X11 consists of blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, and echo.
Because it is more complicated than a SHA256 ASIC implementation, the use of X11 will prevent the use of ASIC miners for the short-term to mid-term future. It will also allow for a longer period of mining for CPU/GPU users.
GPU miners that mine with the X11 algorithm are currently experiencing reduced power usage (up to 50%) and reduced heat generation compared to scrypt.
DarkSend
Darkcoin uses a decentralized implementation of CoinJoin in order to anonymize transactions. We named this implementation "DarkSend".
Darksend is a CoinJoin-based, decentralized peer-to-peer being implemented into DarkCoin. Darksend provides protocol extensions to merge transactions together into larger anonymous transactions. This system uses regular nodes and elects a master node to create the transaction in a decentralized fashion.
DarkSend is a completely trustless solution, where users can achieve a high level of anonymity. With the exception of a collateral transaction (explained later, in detail), users run no risk of losing any money at any time.
This implementation of DarkSend is available as an option through the client and can be deactivated by the user at any time. The DarkSend implementation gathers the required (required for what?) information in multiple stages within each session:
accept inputs
accept outputs
elect a master node
broadcast the finalized transaction
sign
collect or destroy collateral
Defending Against Attack
With the decentralized implementation of Darksend, there are inherent challenges to dealing with rogue users who intend (or attempt) to attack the system. Such users could modify the software in a way that would cause it to refuse to sign, which would force the pool to reset every round.
To defend against various attacks, DarkSend implements a collateral system. A transaction for 0.1DRK is made out to the payment node to ensure proper usage of the system. This transaction is separate from the funds added to the DarkSend pool. If a user submits an input but refuses to sign or leaves at any stage, the payment node will “cash” the transaction by signing and broadcasting it. Collateral transactions require multiple signatures to complete from more than one payment node.
Payment nodes are simply the last node to create a block - specifically, the last block solver and the one before that. These nodes will monitor DarkSend for misbehavior. Should any be discovered, the payment nodes will “cash” the transaction by signing and broadcasting it. This has the added benefit of creating a sustainable income stream - in addition to mining - for miners, while simultaneously protecting the network from attackers.
The collateral transaction is made to multiple payment nodes (the last block solver and the one before that). Cashing collateral transactions require multiple signatures from the user, payment node 1 and payment node 2.
Collateral transactions from a successful DarkSend session are effectively destroyed using a sigScript to make them valid only for a given period of time.
Improved Anonymity
An anonymity enhancement to the generic CoinJoin implementation is added by only allowing inputs of the same size into the DarkSend pools. These sizes are referred to as "denominations" and are in powers of ten (e.g. 1DRK, 10DRK, 100DRK, 1000DRK). This allows the inputs from all users to be virtually the same. Outputs per user must add up to the denomination size.
Users that send less money than the denomination size will use a second "change" output. These outputs are new addresses not connected to their identity. This implementation allows or amounts of any precision to be sent without a negative impact in the quality of anonymity.
All users entering a DarkSend transaction pool have an equal chance of becoming the master node. All participant nodes know which node is the current master by way of an election algorithm. Master nodes also have a collateral transaction that is made out to the payment node, which can be cashed if they misbehave in any way.
In the case where a master node loses internet connection or is a bad actor, the collateral transaction of that node will be cashed and a slave node will be elected in it’s place. Due to the trustless nature of DarkSend, there is no risk of lost money from the master node being a bad actor as a slave node would be elected to replace the master node and the collateral would be forfeited to the network.
Master Node Election
The election algorithm is a pseudo random deterministic algorithm based on the transaction IDs in the Darksend pool. By adding up the hash values of the transaction IDs (no apostrophe) and running the value through the X11 hashing algorithm, a pseudo random number is created.
This random number is compared to a target number derived from the txid and pubkeys of the users outputs. The node with the lowest score is elected master while the second lowest score is elected slave. By using this algorithm we achieve a decentralized, tamper-proof system in which the users can know which node the master is.
Master Node Responsibilities
The decentralized nature of DarkSend requires that one node will decide which transactions are allowed into the pool to deal with network propagation issues. The master node is elected each round to broadcast the finalized transaction, which will then be signed by the DarkSend participants.
The participants will be able to check the authenticity of the messages coming from the master node by utilizing ECDSA signatures for all messages after election.
Participants in a DarkSend will only sign the finalized transaction if they find that their inputs and outputs are present with the correct amounts. After the transaction is signed and confirmed to be valid, the master node will broadcast the finalized signed transaction and resign.
Improved Pool Anonymity
Users who want to increase the anonymity of the pools can run scripts to “push” DarkSend transactions through the pool by sending money to themselves with DarkSend. This will allow them to take up a space in the pool to ensure the anonymity of other users. If enough users run scripts like this one, the speed of transactions and the anonymity of the network will be increased.
Reward Curve vs Reward Halving
Bitcoin was designed to have a fixed supply with a declining block reward schedule. This makes Bitcoin a deflationary currency, with a money supply that grows a small percentage year-over-year. One problem with this approach is the abrupt reward halving that happens every four years. This could eventually cause large distortions in the mining network when the profitability of mining changes drastically overnight.
DarkCoin replaces abrupt reward halving with a reward curve, 2222222/(((Difficulty+2600)/9)^2). The maximum and minimum amounts are set to 25 and 5 respectively. Using this formula, the reward will gradually drop over the following months and years and then provide a steady supply of approximately 1 million coins per year.
Difficulty Retargeting Using DarkGravityWave
DarkGravityWave uses multiple exponential moving averages and a simple moving average to smoothly adjust the difficulty. This implementation resolves possible exploits in KimotoGravityWell by limiting the difficulty retargeting to 3 times the 14 period EMA difficulty average.
Proof Of Work Utilizing X11
DarkCoin uses a new chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. X11 consists of blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, and echo.
Because it is more complicated than a SHA256 ASIC implementation, the use of X11 will prevent the use of ASIC miners for the short-term to mid-term future. It will also allow for a longer period of mining for CPU/GPU users.
GPU miners that mine with the X11 algorithm are currently experiencing reduced power usage (up to 50%) and reduced heat generation compared to scrypt.
Gotta add my +1 for DGC - Digital Coin - Well established with great credentials !
+2
Please add Darkconi (DRK).
Darkcoin is one of the few coins with genuine innovation, here is an explanation for how it works:
http://razorsforex.blogspot.co.uk/2014/02/darkcoin-anonymous-cryptocurrency.html
It deserves a place in Vault of Satoshi not only because it is popular and high volume trade but also because there is real development going on there. It has a solid supporter base and has kept a relatively stable price compared to many other coins and Darkcoin development is extremely active, with a full time developer.
Also an announcement about Darkcoin beta testing phrase made it to the 'hot' section in r/bitcoin:
http://www.reddit.com/r/Bitcoin/comments/1zde2w/darksend_beta_is_live_now_drk_darkcoin_the_worlds/
This demonstrates a high level of acceptance of darkcoin's usefulness by bitcoiners, indicating it is a respectable coin and worth adding. I'm sure Darkcoin will be a high volume coin on Vault of Satoshi.
Darkcoin is one of the few coins with genuine innovation, here is an explanation for how it works:
http://razorsforex.blogspot.co.uk/2014/02/darkcoin-anonymous-cryptocurrency.html
It deserves a place in Vault of Satoshi not only because it is popular and high volume trade but also because there is real development going on there. It has a solid supporter base and has kept a relatively stable price compared to many other coins and Darkcoin development is extremely active, with a full time developer.
Also an announcement about Darkcoin beta testing phrase made it to the 'hot' section in r/bitcoin:
http://www.reddit.com/r/Bitcoin/comments/1zde2w/darksend_beta_is_live_now_drk_darkcoin_the_worlds/
This demonstrates a high level of acceptance of darkcoin's usefulness by bitcoiners, indicating it is a respectable coin and worth adding. I'm sure Darkcoin will be a high volume coin on Vault of Satoshi.
+1
Please add Darkconi (DRK).
Darkcoin is one of the few coins with genuine innovation, here is an explanation for how it works:
http://razorsforex.blogspot.co.uk/2014/02/darkcoin-anonymous-cryptocurrency.html
It deserves a place in Vault of Satoshi not only because it is popular and high volume trade but also because there is real development going on there. It has a solid supporter base and has kept a relatively stable price compared to many other coins and Darkcoin development is extremely active, with a full time developer.
Also an announcement about Darkcoin beta testing phrase made it to the 'hot' section in r/bitcoin:
http://www.reddit.com/r/Bitcoin/comments/1zde2w/darksend_beta_is_live_now_drk_darkcoin_the_worlds/
This demonstrates a high level of acceptance of darkcoin's usefulness by bitcoiners, indicating it is a respectable coin and worth adding. I'm sure Darkcoin will be a high volume coin on Vault of Satoshi.
Darkcoin is one of the few coins with genuine innovation, here is an explanation for how it works:
http://razorsforex.blogspot.co.uk/2014/02/darkcoin-anonymous-cryptocurrency.html
It deserves a place in Vault of Satoshi not only because it is popular and high volume trade but also because there is real development going on there. It has a solid supporter base and has kept a relatively stable price compared to many other coins and Darkcoin development is extremely active, with a full time developer.
Also an announcement about Darkcoin beta testing phrase made it to the 'hot' section in r/bitcoin:
http://www.reddit.com/r/Bitcoin/comments/1zde2w/darksend_beta_is_live_now_drk_darkcoin_the_worlds/
This demonstrates a high level of acceptance of darkcoin's usefulness by bitcoiners, indicating it is a respectable coin and worth adding. I'm sure Darkcoin will be a high volume coin on Vault of Satoshi.
NXT !
+1 MINT
Gotta add my +1 for DGC - Digital Coin - Well established with great credentials !
Agreed, NXT is currently the most promising and innovative piece of crypto tech that just needs to be added!
NXT/USD would be awesome.
NXT/USD would be awesome.
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