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Showing 4 of 4 results by shmack2004
Post
Topic
Board Announcements (Altcoins)
[ANN] Ethereum+ / NEW Beginning / PoW / GPU mining / SHA512/256
by
shmack2004
on 09/12/2022, 20:54:19 UTC


Ethereum+: A Peer-to-Peer Digital Asset System

Abstract. The Ethereum+ network is a peer-to-peer digital asset system that enables direct exchange of value without going through a central party. A zero compromise blockchain with the inherent parallelism and performance characteristics of an unspent transaction output (UTXO) based architecture and the Turing Complete programming of Ethereum Virtual Machine (EVM) architectures. This is a breakthrough smart contracting and digital asset system based on SHA512 proof-of-work, designed for extreme throughput and scale.


What is Ethereum+?

Ethereum+ is a revolutionary network designed to solve the problems with all existing blockchains in terms of scale, parallelism and Turing Complete programming. Ethereum+ is a peer-to-peer digital asset system that enables direct exchange of value without going through a central party. Similarly to Bitcoin, the Ethereum+ network requires minimal structure, and timestamps transactions into an ongoing hash-based chain of proof-of-work (SHA512/256). We introduce two novel breakthrough techniques to validate digital assets: unique references and a general purpose induction proof system both of which operate in constant O(1) time and space. It is possible to compose outputs in any manner, without compromising the inherent parallelism and performance characteristics of an unspent transaction output (UTXO) based architecture. Therefore, users can leave and rejoin the Ethereum+ network at will and be assured of the integrity and authenticity of their digital assets.



Zero Compromise Open-source Blockchain: Hybrid Account + UTXO Smart Contracts

The world's first breakthrough hybrid Account + UTXO based architecture engineered for massive layer one (L1) on-chain scaling and Turing Complete smart contracts.Ethereum+ offers the benefits of a UTXO blockchain along with the advanced capabilities of EVM compatible blockchains, but with none of the downsies.

"I had to write all the code before I could convince myself that I could solve every problem, then I wrote the paper. I think I will be able to release the code sooner than I could write a detailed spec." - Satoshi Nakamoto

In the same spirit of Satoshi Nakamoto's launch of Bitcoin, we released a fully operational and software development stack on Day 1, before even writing the White Paper. We wanted to be convinced that the revolutionary and breakthrough system worked before writing about it. No waiting, no limitations, just a scalable blockchain node and toolkit to build your dreams today.



Network Details


Network Name: Ethereum+ (EthereumPlus)
Network Abbreviation: ETHP
Mining Algorithm: SHA512/256 Proof-of-work (GPU Mineable)
Block Time: 5 minutes
Initial Block Size: 128 MB, designed to achieve 10GB+
Block Reward Schedule: 50,000 ETHER per block
Block Reward Halvening: 2 years
Maximum Supply: 21,000,000,000 ETHER
Decimal Places: 8
Launch Date: 2022–11–01 02:42 UTC
Premine: Ethereum+ has 2,5% from all emission premine existing



Ethereum+ Node, Source Code and Libraries

All source code is immediately available and Open Source MIT Licensed.

Ethereum+ Node
A high-performance node, designed for big blocks and decentralized applications. Modified for the novel and efficient proof-of-work algorithm SHA512/256 and the breakthrough induction proofs to allow complete freedom to the developer, without compromising scalability such as EVM-based blockchains.

Ethereum+ Desktop Wallet
The classic 'Electron' wallet, available for Ethereum+
https://github.com/Ethereum-Plus/Ethereum-Plus/releases/download/Ethereum-Plus/EthereumPlus.zip

Ethereum+ ElectrumX Indexer Service
Highly optimized python3 foundation for indexing addresses and histories. Tested and working with block sizes in excess of 4 GB. Tremendous room to grow and still maintain decentralization.



rad-bfgminer (GPU Miner - bfgminer)
SHA512/256 Proof-of-Work GPU Miner



Alternative SHA512/256 Proof-of-Work GPU Miner. HiveOS support completed.


scrypt-boilerplate (Ethereum+)
Complete smart contracts using the Scrypt language
Post
Topic
Board Bitcoin Discussion
Re: Hands up.. robbery.
by
shmack2004
on 28/01/2018, 23:18:54 UTC
At least here in America we have the right to just carry our own guns (in most states). I certainly have at least one on me when I'm out and about. I'd only use it if I absolutely had to though.
Post
Topic
Board Bitcoin Discussion
Re: Making a living on bitcoin.
by
shmack2004
on 06/12/2017, 15:29:55 UTC
Thanks for all the replies guys. To answer a few questions I am working full time and my job it fairly well paying, basically I have extra money to invest at this point. As far as mining I do plan to eventually built a farm and I've been looking into the cost of the building, power, dealing with the heat, etc. But for now I'll see how many miners I can get away with having in my basement for now, electricity is about $0.10 kwh. I have a fairly decent understanding of how mining works.

As far as trading goes I've never done it so it's completely new to me. My though was mixing mining and trading so I'm just trying to get some input from people more experienced than I am.

Post
Topic
Board Bitcoin Discussion
Making a living on bitcoin.
by
shmack2004
on 06/12/2017, 03:02:16 UTC
So I recently got into bitcoin, I can see there is definitely good profit potential so I'm curious on how possible it is to making a living off of it. Mainly on mining but in still figuring out trading.

I bought an Avalon 741 and also using a few high end gpus for mining and making a decent profit on that. (Gpus in 2 gaming pc's I built and a gaming laptop so they just mine when I'm not using them) Currently on nicehash1 but I'm also curious about switching to an actual pool.

I'm thinking to expand and build a mining farm eventually and I think I have a solid plan for that for the next couple years. Basically just buying miners with profits from miners and eventually I know I'll need some kind of warehouse to put them in.

I'm also interested in trading but I don't fully understand it yet.

Any insight and advice would be great, thanks.