Changing the hashing algorithm
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People, I’m following this discussion quite long and I want to ask if audit was performed on the neoscrypt algo?
What kind of audit?
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Example: What if someone manage to lower the complexity of the algorithm?
Audit in the form of public review of the algorithm by crypto comunity. -
Example: What if someone manage to lower the complexity of the algorithm?
Audit in the form of public review of the algorithm by crypto comunity.It will be opensource…
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Example: What if someone manage to lower the complexity of the algorithm?
Audit in the form of public review of the algorithm by crypto comunity.I doubt they can get any sensible advantage, but it’s going public with the source code in a couple of days anyway. Anyone can test it until our livenets switch in 2 weeks or so.
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Great, I’ll check it and share it! Thumbs up!
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So if i get it right the new algo in 2 weeks ;)
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Sort of.
It essentially hangs on the gpu miner been finished.
Their will be no algo change for ftc until the GPU miner is publicly available.
Let that be clear.
Stay tuned if you want to be best dressed my friends.
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Stay tuned if you want to be best dressed my friends.
are we talking high heels and suspenders here?
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MULTIKILL!
I like Calems style >:D
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If I’m not mistaken, the trolls in the box are waiting for the algo change too. Seems like the buying is heating up.
how you mean ? we went down 1000 sat last night !
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how you mean ? we went down 1000 sat last night !
I prefere to say 1 tick, but if you look at the long term chart, nothing really happened. Accumulation phase is continuing very well.
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I prefere to say 1 tick, but if you look at the long term chart, nothing really happened. Accumulation phase is continuing very well.
Sorry to say but i dont agree a lot, i trust in the communitie of Ftc but if you look at the long term chart it looks kinda depressing.
and a 5 btc decrease in buy’s at this low rate is not nothing.
But beside that i think a new algo can bring new power to FTC and hopefully a lot new investors
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Sorry to say but i dont agree a lot, i trust in the communitie of Ftc but if you look at the long term chart it looks kinda depressing.
and a 5 btc decrease in buy’s at this low rate is not nothing.
But beside that i think a new algo can bring new power to FTC and hopefully a lot new investors
Think about it that way, FTC was pumped over 100ksat 3 times as “litecoin clone”. I don’t know how long you actively trade or observe FTC, I remember few months ago somebody purchased 1000BTC+ of FTC at 40ksat and it seems he didn’t dumped those coins. Now we will be finaly recognized as not only litecoin clone. Anyway we should discuss this elsewhere, this is development thread. Price predictions or chart analysis doesn’t really belong here ;)
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Currently the source isn’t open. After the weekend though, it will be and anyone will be able to jump in and start on either an AMD or nVidia miner.
What are your questions, I may be able to source some answer’s for you.
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Interesting… Hold that thought and we will see if we can help you make that happen.
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After all this time, discussing and doing this work, there is no point in rushing out the new algo until it is ready. I would prefer to say we are aiming for a month, even you think it is ready today…
The pools, miners and exchanges need some active pre-warning of at least 2 to 3 weeks, even when all is tested and integrated into feathercoind and working GPU miners are available. The software needs to be released and run on the old algorythm so every one can update pre changeover.
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After all this time, discussing and doing this work, there is no point in rushing out the new algo until it is ready. I would prefer to say we are aiming for a month, even you think it is ready today…
The pools, miners and exchanges need some active pre-warning of at least 2 to 3 weeks, even when all is tested and integrated into feathercoind and working GPU miners are available. The software needs to be released and run on the old algorythm so every one can update pre changeover.
I couldn’t agree more. +1 wrapper
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I had some control interface development,neoscrypt option be opened. but it used scrypt kernel.
There is hard work,kernel file is neoscrypt140707.cl
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It’s public now.
NeoScrypt, a Strong Memory Intensive Key Derivation Function (white paper)
NeoScrypt - the latest proof of work algorithm (press release)
NeoScrypt (source code)
NeoScrypt CPUminer (source code)