Quote from: reRaise on March 24, 2014, 06:23:12 PM

Nice post although Quark is still the most secure one:

Quark is using 9 rounds of hashing: while using 6 rounds from Blake, Blue Midnight Wish, Grøstl, JH, Keccak and Skein it adds 3 more rounds of hashing randomly: so the computer doesn't know whether it will be Keccak or Grøstl or Blake. And that's one of the uniqiue beauties of Quark. Unfortunately, Darkcoin or Qubitcoin or Hirocoin don't do that: the computer remains certain about which hashing function will be used.

Another advantage of Quark might be, in this case it was compared with darkcoin, Darkcoin's block generation time is 2.5minutes (150seconds), while Quark is 30 seconds. Which means that Quarks algorithm with an element of randomness (unpredictability) will have to be cracked in 30 seconds to create a double-spend fork, while for Darkcoin this window of opportunity for the attacker is 5 timeslonger: 150 seconds with no element of randomness. If you take all these factors into account, Quark is still the most secure - it's not only about the number of hashing functions."

Neither 9 or 11 is more secure, this is a common misconception. It is just that one is more complex than the other and the more complex the better ASIC protected. Joerii said that Hirocoin is more secure with automatic checkpointing something that Quark also has. 30 seconds may reduce the window of opportunity for double spend but greatly increases the amount of orphan blocks and orphan chains. Automatic will help resolve the orphan chains but it wastes mining power. If you look at coins like Fastcoin it is an orphan generator and uses extreme values. It is not possible to say that Quark is more secure than Hirocoin.

Quote from: Hazard on March 24, 2014, 06:25:24 PM

Quote from: Joerii on March 24, 2014, 06:16:06 PM

( all the features are beyond the scope of this article, stay tuned for Hiro's paper on X11 )

A white paper from a guy who stole a bunch of features from darkcoin? Hilarious.

The only element used from Darkcoin is X11. We are working in open source development and are trying to evolve the base software of Bitcoin. I am trying to make X11 a standard for others to use which will benefit both Darkcoin and Hirocoin.

Quote from: redmist on March 24, 2014, 06:23:45 PM

Looks interesting. You've got some nice ideas so I'll be watching this one.

But just a thought, Litecoin was originally supposed to be CPU mined only, yet someone managed to get GPU's working for it. Litecoin was also supposed to be ASIC resistant, but look whats happening now. Who's to say that won't happen for Hirocoin?

I see what you are saying and in the long term if X11 is popular then it may well see ASICs. However there are already Scrypt ASICs out there and it will not be a huge task to adapt these to variable N. X11 is much further from custom hardware and allows people to avoid multipools right now.

Quote from: Spoetnik on March 24, 2014, 06:56:11 PM

i'm gonna be pissed off if your recycling news from last week to scare people into getting involved with this coin and if it is a clone of Vertcoin i'm gonna lose it. lol

even if asics are coming very soon that does not make scrypt dead.. your spinning bullshit so you can hype some other coin.
go fuck your self, your being a weazle here..

It is not Vertcoin which uses Adaptive-N, variable N coins give diminishing returns over time and are not practical long term. X11 does not diminish in performance over time.