Re: [ANN][BLC] Blakecoin fast blake-256 Alt Coin for CPU/GPU/FPGA
Are you going to release a GPU mining software soon?
yes the OpenCL is on my Github but just need some time to work on the miner, but finishing p2pool first
my todo list looks like this:
1. p2pool
2. fix any small bugs and help feeleep
3. GPU miner
4. try and fix any build issues on Linux and Windows
What's the point of this coin? It is neither asic-resistant nor gpu-resistant.
Is the strength of this coin an efficient cryptographic hashing function?
I wonder if an inflational fork will succeed in the future.
Is the strength of this coin an efficient cryptographic hashing function?
I wonder if an inflational fork will succeed in the future.
Blakecoin is fast and efficient and more on par with Bitcoin than any other Alt coin yet
1. No current SHA-256d Asic will work with Blakecoin so it is resistant it that sense, you would need to develop a new Blake-256 ASIC and as I have said before you are best off with FPGA if you wanted power efficiency. FPGA's also have a resale value as they are re-programmable!
2. Why would you want to be GPU resistant did it work for Litecoin?
3. The strength of the Blake-256 hashing function is far more than needed 2^192 at least, it is also more efficient than SHA-256
I think a small amount of inflation like what Blakecoin uses will help miner's who invest by buying or using equipment to mine Blakecoin so that over a period of time you can get your ROI, I see no good coming from cutting the subsidy it only makes it harder to plan a return on your investment. Also atm the inflation is so small it might be some years before it significantly adds to the base subsidy
Note that the inflation in Blakecoin is not fixed it is directly related to block height and the current difficulty