Post
Topic
Board Altcoin Discussion
Re: These new EFFICIENT x11 algos everyone is talking about ?? BULLSHIT or real?
by
cryptohunter
on 06/04/2014, 00:54:28 UTC
For me it's a personal obligation to fight people like you,
who try to dumb down the general public with disinformation and cheap propaganda phrases.

You are at a disadvantage, because the average poster here is already quite informed and has a good perception of being Mickey Moused by agents like you.

Get lost.

This is absolutely not true. Most of the people posting here are without any tecnical or economical insight. They are attracted by fancy words and follows the herd bleating what they have read (but not understood) around the forum. Spending their money on obvious scams like earthcoin and darkcoin, coins in general that do extremly well at promoting and branding.  

What does Earthcoin matter here now, please enlighten me.
Just a fuck of a crap coin.

Darkcoin is the bleeding edge of crypto currencies though.
Tell me what you mean with your statement.

I mention earthcoin because everyone can see that earthcoin are a scam now, and the same will be true for darkcoin in a few months. Erthcoin is similar to darkcoin, not technically, but from a community perspective. Both coins rallied the sheeps with a grand plan and fancy words.

Darkcoin claimes to be the first anonymous coin. That is not true and it will not happen. Darkcoin promote itself as a zero premined coin. That is true, but it is designed to be extremly instamined and if you look at the block explorer you will see that the instamine is around 14% of the total coins. More then 75% of the exicting coins is instamined by devs/early adopters. There have also been alot of posts about the x11 and "cool cards" that adds to the hype. Darksend, x11, dgw, zero premine, everything the community preach and believe to be facts are actually not as good as they seem or completely true.

Hi, I'm the developer of Darkcoin. You can go download the beta client right now and send decentralized anonymous transactions. So yeah, it's the first anonymous coin. If everyone used beta, the whole blockchain would be anonymous.

X11 does indeed run 30 degrees colder than scrypt, so I'm not sure what you're complaining about there. DGW reacts faster and more effectively to whales joining because I used exponential moving averages which are just better for this type of thing, again not sure what you're talking about.

See DGW in action here: http://drk.poolhash.org/graph.html

I also fixed the timewarp exploit, so it's the only safe algorithm currently (for difficulty adjustment every block).

The next big thing in Darkcoin land are MasterNodes, you'll hear about people running a specific type of client and making tons of money in exchange for anonymizing transactions of the network (again, the anonymous transactions exist...)

Glad you've come over.... too be honest with you though your reply was kind of well ....you didn't really reply to the post you quoted, which kind of made it look like you were avoiding what the person wrote. I'm sure you weren't doing that on purpose but still I hope you will take some time to reply to this one if possible -  since it would really be interesting to hear what you have to say on each of the points ...

Okay well let's just ask you flat out to answer these if you will

1. is it more efficient than qrk?

2. is it more secure than qrk?

3. is it more efficient than scrypt? or is the miner just crippled and can't use the full potential of the card?

4. are there more efficient miners already out for x11 that are more optimised?

5. is it more asic resistant that qrk?

6. is it more asic resistant that scyptN , scrypt jane

7. is it x12, x13, x99 going to be better? will we need to fork all of the coins over and over again?

8. does having 11 algos cause high orphan rates






For now that is pretty much all i'm bothered about. Although to be fair to you since it has been stated in this thread that dark coin was instamined to the tune of 14%  ...what do you say to that ?

What do you think now looking back on the fact it was launched with no protection against instamining  and no windows QT?

I think it is only fair to you that you have the opportunity to give your side of those events.

What do you say to critics regarding both of those things. ..i am just interested in your explanation.......I believe developers need some compensation for all of their work but 14% sounds rather large?

Also were you the original dev?  i mean you seem to be a very smart person that can create all of these new features..... and yet not compile a windows qt at launch?  or have you taken over this coin and it was a different dev that released it who was some copy and paster?  was the block retarget every block at launch? was it announced?

To be honest i don't miss many launches but i can't really recall dark coin even coming out, although i think it was originally called something else.


I guess the dev of x11 is the very best person to answer these ....i mean a lot of people including myself have no idea and we just seem to be disagreeing without having any real idea if we are right or wrong.

Be good to know though.