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Showing 6 of 6 results by Ainars
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Board Announcements (Altcoins)
Re: [ANN][VOT]: VoteCoin - a new era of anonymous crypto democracy
by
Ainars
on 07/05/2018, 20:29:44 UTC
Yes, of course, I have the abilities to change the algo myself.

That is actually good news as I left with impression that you kinda would struggle to change the algo and therefore piggytailing on ZEC.

Z9 provides only ~4x advantage over GPUs, so I do not really understand why are people so overreacting.

It's more than just 4x hashing power. It is 10x less power consumption. 10x time less heat and therefore 10x less heat extraction. also quite a space saver too. ASICs have lots of advantages against GPUs, but lets leave ASIC advantages alone and look on community itself.
I see @Skydreamer points/worries. Ordinal miners or just curious people have an option to try and mine VOT and have a play and test it. Somebody with just a single GPU can get involved in VOT.
If VOT becomes ASIC driven then you lose out those people and community - running ASIC is a business so if VOT is more of a business project then that's ok, just say it Smiley. People would like to know what to do, to leave VOT community or in contrary, join it with ASIC power Smiley. What direction are we going?
There are some thoughts for you Tom: if you make it ASIC resistant then lots of miners may soon join you. If you do not make it ASIC resistant then ASIC farms will join and so part of community may leave. I am not sure which route is best though. Maybe the best one is the one you are doing - just wait and see Smiley, but some may hate such waiting games. There is no way you can please us all Wink.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VOT]: VoteCoin - a new era of anonymous crypto democracy
by
Ainars
on 05/05/2018, 16:42:29 UTC
Tom, thanks for the detailed clarification. Much appreciated. Now it's clearer picture (at least for me) Wink
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Topic
Board Announcements (Altcoins)
Re: [ANN][VOT]: VoteCoin - a new era of anonymous crypto democracy
by
Ainars
on 05/05/2018, 12:11:09 UTC
Tom, with all respect, but IntenseCoin network had 51% attack just 2 weeks ago: https://intensecoin.com/2018/04/16/imminent-hard-fork-and-network-attack/
They ended up rolling back their blockchain and then forking it again! Another real mess with out-of-sync wallets for weeks and lockedown exchanges.

51% attacks are not that rare - I bet VOT community would like to know that you have the backup plan ready if sh*t happens. Better to learn on somebody's mistakes than on yourself ones.

Oh, there is another option for betting guys Smiley
- Community likes to know if the backup plan is in place
- Community pays no sh*t to it

And one more could be:
- VOT will get the backup plan
- Tom pays no sh*t to it Cheesy


Just rising some concerns ;-j and worries about blockchain to which I am not indifferent.
Tom, do I worry too much? Shall we relax and just watch how sh*t passes us by and hope(pray to saint Alt-Ctrl-Del?) that it will not stick to VOT? Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VOT]: VoteCoin - a new era of anonymous crypto democracy
by
Ainars
on 04/05/2018, 16:20:52 UTC

VoteCoin will follow zcash regarding this.
Zooko Wilcox said somewhere that ASIC resistance is not such important for zcash, since ASIC makes the network stronger.
So not sure about the outcome yet
-Tom



For Zcash maybe, but for 0.5MSol/s VOT network only 50 such miners needed to get control over (or ruin?) the network! Please correct me if I am wrong. And for sure, such network/blockchain cannot be called decentralized voting platform if there will be only couple of main players (mining farms) on the VOT mining market.

The real question is will you be able to sort out the mess if Zcash decides not to fork!?
A bigger team (IntenseCoin) made a right mess out of all the forking against ASICs so I am worried about the VoteCoin team capabilities which, I believe, has much smaller team. Please reassure us Smiley

Better to be prepared than sorry.

For now I translate such answer as ASICs are welcome to ruin our project/network. A good time to order some ASICs for tests after such answer Cheesy.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VOT]: VoteCoin - a new era of anonymous crypto democracy
by
Ainars
on 03/05/2018, 20:25:05 UTC
Post
Topic
Board Mining (Altcoins)
Re: [ANN] [1080 | 1080TI] ETHlargement - The Hashrate Hardener
by
Ainars
on 30/04/2018, 17:46:28 UTC
Any update on why Asus 1080Ti Turbo cards wont take the meds?

I also seek a solution for Asus 1080Ti Turbo cards. I have a bunch of these.

+

+

Asus 1080Ti Turbo cards wont take the meds, but "Gigabyte 1080Ti GAMING OC" took the pill and runs as hell like on meth achieving 54Mh/s - wow