Re: [PRE-ANN][HVC] Heavycoin - CPU-only, Ultra-secure, Decentralized Voting
asics are able to mine memory hard coins? i'm not sure that is the case. Also i'm not sure gpu's can mine memory hard coins once the N factor rises to a good level? are you sure about this fact. Which asics are they and which memory hard coins can they mine?
For ASICs it's theoretically possible, but ATM the only scrypt ASIC I know of is for Litecoin, which has a lower N factor. It's only a matter of time before they can scale them up to handle higher N factors. A select few specialists could already have this. We can only look at the difficulty and wonder.
I just want to know how this cpu coin will change anything with regards the distribution over say well...... any other cpu only coin before it?
There's only one way to find out.
Please explain how this will be an advatage over say primecoin? as far as i know this is still a pure cpu coin but again the hoarders are those that were botnet operators or those that just jumped on with cheap vps nodes.
They are working on a Primecoin GPU miner. I don't know what stage they are at, but it's possible. http://xpmwiki.com/index.php?title=ReaperPrime
What is this different approach to cpu only coins that have come before you?
GPU miners rely on the SIMD paradigm. We've tried to move away from SIMD with our cryptographic hash function. Primecoin has some nested loops and logic that's not conducive to GPUs. It wasn't designed to be GPU resistant, it just happens to be a pain. But progress is being made. In contrast, our approach takes it a step further with the intention of always being GPU resistant.