Changing the hashing algorithm

After launching NeoScrypt, a marketing campaign is necessary to get the world know.

Reshuffling the webpage can be considered as a great progress.

Here are some good examples–

http://www.nxt.org/

http://www.blackcoin.co/

http://bytecoin.org/

http://www.xc-official.com/

Cheers!

Web was redesigned already, without any effect.

We are preparing different PR.

kris_davison

I think the website already looks pretty slick. I think we will get a lot of exposure from the launch of the new algo!

ghostlander

The bug I’ve spotted recently is that CreateNewBlock() may segfault client under certain circumstances which can be reproduced. While it may be unrelated to NeoScrypt in general as I haven’t changed anything related to block structure, it is an important security issue which needs to be tracked down.

jti8899

This is a great thread and completely nessecary discussion.

I worry that the whole thing could be controlled by a handful of big farms and that somehow the big money players forsaw this all along? Even planned it? If it is not decentralized then I am back to real commodities I can hold in my hand.

With that said I think it needs to be kept in mind that ASIC mining is way more energy efficient. If we fight ASIC we kill the efficiency level of mining, large scale or small, it still requires electricity. I was mining using (2) 7950 GPU’s burning 550 watts at the wall to produce 1.2Mhs, switched to a ASIC for Scrypt miner burning 12 watts and producing the same or greater hashing power with way less space, heat, cost, noise, and setup hassles.

The focus needs to be on decentralization for sure, but effeciency needs to be a high priority or people won’t add miners to the network.

My two cents worth

~//~

j_scheibel

Asics generally turn it in to a business only endeavor. That’s pretty much it. with asics you put up lots of money for power sipping super fast 1 purpose devices. with gpu you put up much less money for power hungry versatile devices. if you choose to only use those devices for mining, then at some point they will be more expensive (well, debatably, since once asics are made they start constantly upgrading the devices) but really you are trading up front cost for on going cost. If the development community stays committed to the enterprise the miners will be there. I wouldn’t be concerned about that.

T4rQu1N

Asics generally turn it in to a business only endeavor.

Agreed, ASICs suck the fun (and life) out of coins.

Can’t wait for the new algo…perhaps an ideal launch date is the meetup on the 26th? Coupled with a live stream, some pints, and plenty of interested parties in attendance?

mirrax

Why don’t we change total supply of coins to 100M with this hard fork?

Why don’t we change total supply of coins to 100M with this hard fork?

I’m no expert but that could mess with a lot of things couldn’t it?

I don’t see why we would devalue the existing supply by increasing it… then who’s to say it would happen again and again…

I would like to pitch merged mining with other neoscrypt coins.

mirrax

I’m no expert but that could mess with a lot of things couldn’t it?

I don’t see why we would devalue the existing supply by increasing it… then who’s to say it would happen again and again…

I would like to pitch merged mining with other neoscrypt coins.

You don’t understand me Calem 336M -> 100M.

Flobdeth

Lizhi has his teeth into partial POS, you’re gonna need those extra 200 mill for the interest :P

You don’t understand me Calem 336M -> 100M.

Whoops, sorry… im an idiot…

Had a few drinks tonight.

Well, it still doesn’t look good cause it apears as though we can just change things how we see fit and people won’t like that… The changes need to be justified.

And wouldn’t it still mess with the way basically everything gets calculated in terms of diff and reward and everything?

RIPPEDDRAGON

Asics generally turn it in to a business only endeavor. That’s pretty much it. with asics you put up lots of money for power sipping super fast 1 purpose devices. with gpu you put up much less money for power hungry versatile devices. if you choose to only use those devices for mining, then at some point they will be more expensive (well, debatably, since once asics are made they start constantly upgrading the devices) but really you are trading up front cost for on going cost. If the development community stays committed to the enterprise the miners will be there. I wouldn’t be concerned about that.

Going back to GPU mining this community will explode again. There are far more small GPU miners than big boy asic miners. I am going to have to stop being lazy and finish/fix my farm in prep for this.

RIPPEDDRAGON

We need to make sure all of the miners and needed software for the algo change is in the hands of miners BEFORE the hard fork. I would hate to see an “unfair” launch or someone on their game attacking FTC on the algo change.