[XPM] [ANN] Primecoin Prerelease Announcement - Introducing Prime Proof-of-Work - page 22.

TheSwede75

full member

Activity: 224

Merit: 100

Quote from: jubalix on June 29, 2013, 12:01:39 AM

reserved

how does this help cpu mine that is agaisnt botnets which may be just directed at the coin

could I suggest a silent release of the complied qt client, to those who have over x amount of PPC or were registered on the PPC forum before a certain date,

this shows people who are at least dedicated to PPC/ your projects.

Eg the day after I purchased BTC I went around buying up PPC!

If i understand PrimeCoin may act as a bridge to PPC

but I don't understand it the hash rate away from BTC idea, see the overall hash available is increasing, so even if the pie is smaller for BTC this does not make it more vulnerable, also with asics now rolling out and by far the majority of new coins being scrypt his is even less an issue though that could change when everything that produces heat mines as well

on that point, it maybe that all heating elements mine eventually kind of putting a floor under the nergy usage as you were going to it anyway.

Imagine the amount of power a hot water element pulls, and could be directed at mining as well.

Would I like my hot water element to be makieng me btc or some otehr CC, why not!

Cause as we all know, there are absolutely no botnet operators on ppc forum. . Nice try

Fuserleer

legendary

Activity: 1050

Merit: 1016

Quote from: Sunny King on June 28, 2013, 07:16:51 PM

I don't think emunie brought new proof-of-work to the table. Most of the things it does were tried by timekoin and qubic last year. Proof-of-work is not a loose term you'd really need to have proof of your work, not some vague claim that you did something, not something that can be easily cheated.

Quote from: coinerd on June 28, 2013, 07:07:39 PM

Most people have missed it completely, watching the sea of clones. It's not a clone at all.

Emunie is well into beta with no satoshi wallet, a network structure of at least three node types (or 2 nodes plus wallet) and a different sort of proof of work and ledger structure that I have to admit I don't fully grok yet. I think in the end as transactions age they end up in something that's very like a satoshi blockchain but it lives directly in RDB as well.

It's deeply into your "energy efficient" category.

They announced it and then the action moved to their forum when the first round of beta opened, there's very little talk of it here. Considering your history here (unlike my noob-ness) I'd be interested in hearing your thoughts on it, if you check it out.

We do "proof of work" also as well as the trust and multi-transaction chain verification.

The POW works along side the transaction chains verification procedure and produces a "chain section sequence" that is calculated from all the transactions in the various chains that it relies on.

eMunie can have many many chains all co-existing and growing at the same time, think of it more as a block tree than a block chain. When a chain forks, the start and end points of that chain are defined as a chain section, and a finite number of blocks (and transactions) occupy it.

To produce this chain section sequence, you have to traverse all of the block tree forward and backward, which is expensive...however, checking the validity of the chain section sequence, and the blocks/transactions within them is quick and simple once you have it. Thus clients can validate blocks to be legitimate rapidly.

Its not a hash based proof of work at all, but its still proof of work

Good luck with yours, when I have some more time (as we are rapidly approaching launch) I'll have a better read of what you propose.

EDIT: To clarify, when I say expensive, this is still many orders of magnitude less wasteful than SHA or Scrypt hashing algorithms, and just as secure.

Vorksholk

legendary

Activity: 1713

Merit: 1029

Quote from: ?? on ??

My antivirus tells me there is some kind of suspicious activity when I try to download a wallet of this type of coin, so I don't get involved in this type of coin. ppcoin and bitgem both have wallets that had viruses

Uhh, where to start...

Download for this wallet isn't even out yet, PPCoin didn't have a virus, neither did bitgem. If you did get a virus from either wallet, you should record where you downloaded the wallet from, and alert the devs so they can take appropriate action.

justabitoftime

full member

Activity: 154

Merit: 100

CoinTropolis

Exciting news Sunny, congrats.

jubalix

legendary

Activity: 2632

Merit: 1023

reserved

how does this help cpu mine that is agaisnt botnets which may be just directed at the coin

could I suggest a silent release of the complied qt client, to those who have over x amount of PPC or were registered on the PPC forum before a certain date,

this shows people who are at least dedicated to PPC/ your projects.

Eg the day after I purchased BTC I went around buying up PPC!

If i understand PrimeCoin may act as a bridge to PPC

but I don't understand it the hash rate away from BTC idea, see the overall hash available is increasing, so even if the pie is smaller for BTC this does not make it more vulnerable, also with asics now rolling out and by far the majority of new coins being scrypt his is even less an issue though that could change when everything that produces heat mines as well

on that point, it maybe that all heating elements mine eventually kind of putting a floor under the nergy usage as you were going to it anyway.

Imagine the amount of power a hot water element pulls, and could be directed at mining as well.

Would I like my hot water element to be makieng me btc or some otehr CC, why not!

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

see also

http://www.ppcointalk.org/index.php?topic=288.0

hold on, why not 4th July

coinerd

full member

Activity: 196

Merit: 100

Quote from: Sunny King on June 28, 2013, 07:16:51 PM

I don't think emunie brought new proof-of-work to the table. Most of the things it does were tried by timekoin and qubic last year. Proof-of-work is not a loose term you'd really need to have proof of your work, not some vague claim that you did something, not something that can be easily cheated.

Ok, interesting. I will dig deeper into it, i know it's heavily trust based but hadn't thought of it as "non-proof of work".

Timekoin and qubic were both before I knew about crypto so I don't know anything about them really. In any case not to hijack over here with noob questions about another coin.

I am interested to see this and how it works out. I know there is a lot of desire for a "useful" proof of work and with it people won't mind the energy costs nearly as much.

eddyfitz

full member

Activity: 238

Merit: 100

So nice that we finally will have coin from "adult" developers

challen

newbie

Activity: 48

Merit: 0

CPU only AND solo-mine only???

Thank you!!
(While it lasts anyways

Sunny King

legendary

Activity: 1205

Merit: 1010

I don't think emunie brought new proof-of-work to the table. Most of the things it does were tried by timekoin and qubic last year. Proof-of-work is not a loose term you'd really need to have proof of your work, not some vague claim that you did something, not something that can be easily cheated.

Quote from: coinerd on June 28, 2013, 07:07:39 PM

Most people have missed it completely, watching the sea of clones. It's not a clone at all.

Emunie is well into beta with no satoshi wallet, a network structure of at least three node types (or 2 nodes plus wallet) and a different sort of proof of work and ledger structure that I have to admit I don't fully grok yet. I think in the end as transactions age they end up in something that's very like a satoshi blockchain but it lives directly in RDB as well.

It's deeply into your "energy efficient" category.

They announced it and then the action moved to their forum when the first round of beta opened, there's very little talk of it here. Considering your history here (unlike my noob-ness) I'd be interested in hearing your thoughts on it, if you check it out.

fran2k

hero member

Activity: 784

Merit: 500

Can you please add more detail about the real innovation of this coin?

Thks

Sunny King

legendary

Activity: 1205

Merit: 1010

This is the first virus complaint of ppcoin so please report detail in ppcoin thread. The official ppcoin release is built through the same build tool that bitcoin uses (gitian-builder) so that other developers can verify the integrity of the release binaries. Primecoin release will also be built with gitian-builder with published signatures.

Quote from: ?? on ??

My antivirus tells me there is some kind of suspicious activity when I try to download a wallet of this type of coin, so I don't get involved in this type of coin. ppcoin and bitgem both have wallets that had viruses

coinerd

full member

Activity: 196

Merit: 100

Quote from: Sunny King on June 28, 2013, 06:57:54 PM

Maybe I have missed something new among the sea of clones, but who is the first non-hashcash proof-of-work that you are referring to?

Most people have missed it completely, watching the sea of clones. It's not a clone at all.

Emunie is well into beta with no satoshi wallet, a network structure of at least three node types (or 2 nodes plus wallet) and a different sort of proof of work and ledger structure that I have to admit I don't fully grok yet. I think in the end as transactions age they end up in something that's very like a satoshi blockchain but it lives directly in RDB as well.

It's deeply into your "energy efficient" category.

They announced it and then the action moved to their forum when the first round of beta opened, there's very little talk of it here. Considering your history here (unlike my noob-ness) I'd be interested in hearing your thoughts on it, if you check it out.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

I can do a basic exchange a prize draw and a giveaway if needed

kimosan

hero member

Activity: 644

Merit: 501

Looks good. Subscribed.

Sunny King

legendary

Activity: 1205

Merit: 1010

Quote from: super3 on June 28, 2013, 07:00:38 PM

Looks pretty interesting. My miner is is ready. Can you have pool software / mining software ready at launch?

No pool software. It's up to the market to develop those later. Release will be client wallet solo mining only. No external miner.

Hazard

legendary

Activity: 980

Merit: 1000

Reserved

Sunny King

legendary

Activity: 1205

Merit: 1010

Design details will be available some time before release.

Quote from: Kevlar on June 28, 2013, 06:42:11 PM

I'd like more information about this prime number based proof of work scheme please.

super3

legendary

Activity: 1094

Merit: 1006

Looks pretty interesting. My miner is is ready. Can you have pool software / mining software ready at launch?

Sunny King

legendary

Activity: 1205

Merit: 1010

Maybe I have missed something new among the sea of clones, but who is the first non-hashcash proof-of-work that you are referring to?

Some API would be preserved some would be impacted, especially those mining related. Although I haven't looked into it yet the release is client wallet solo mining only.

Quote from: coinerd on June 28, 2013, 06:13:12 PM

If I understand correctly, this will be the second non-hashcash crypto-currency to achieve beta.

Looking forward to it.

Will you provide backwards compatibility at the daemon for existing crypto currency infrastructures?

(Similar RPC-JSON interface especially?)

Topic: [XPM] [ANN] Primecoin Prerelease Announcement - Introducing Prime Proof-of-Work - page 22. (Read 71645 times)