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#23 | |
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If I May
"Chris Halsall"
Sep 2002
Barbados
2·112·47 Posts |
Quote:
Further, someone has to define the coin. And why it is worth money. It amuses me somewhat that few people understand the term "fiat value". |
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#24 |
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Aug 2006
22×3×499 Posts |
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#25 | ||
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"Composite as Heck"
Oct 2017
2×52×19 Posts |
Quote:
Which is a shame as I'm assuming we'd need to rely on a vast bit-space to deter abuse. Maybe I'm being too paranoid though, 64 bits is still a pretty massive space and we can determine primality of those quick enough (right? If it came to it I guess we'd have to resort to PRP). Using 64 bits would also put the results in the range of "potentially useful before the heat-death of the universe" so that's another plus ;) Quote:
The more I read it, the more I think 128-bits is way too vast to be useful. I've changed my opinion to a 64-bit space being better suited for now. I also realise I'm being sloppy when it comes to defining an "n-bit space" as either the first 2^n primes or primes below 2^n. I mean the former but there's an argument to be made for the latter. |
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#26 | |
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"Forget I exist"
Jul 2009
Dartmouth NS
8,461 Posts |
Quote:
Last fiddled with by science_man_88 on 2018-04-03 at 22:40 |
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#27 | |
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Aug 2006
22·3·499 Posts |
Quote:
31385451756339630843423037847304347844574 to 31387177659913587550099489927037384891112 (and yes, there are better bounds than this, I'm lazy). |
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#28 | |
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Aug 2006
22×3×499 Posts |
Quote:
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#29 | |
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If I May
"Chris Halsall"
Sep 2002
Barbados
2×112×47 Posts |
Quote:
1. Somehow manipulating the previous block's hash with all the post sieving dividing candidates wouldn't work, because someone could simply modify mfakt[c|o] to record this vector during any run (a large amount of data, but nothing unmanageable in this day-and-age). 2. Choosing a random set of candidates to TF wouldn't work because someone could simply TF a large range, and then have the results ready to report when specified as "valid". Both of these situations require someone(s) with a great deal of compute ability, but they already exist. More than happy to hear from anyone who can think of a way to make this work. |
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#30 |
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"/X\(‘-‘)/X\"
Jan 2013
https://pedan.tech/
24×199 Posts |
So I got to thinking about this a bit more.
Couldn't we simply reward the smallest N factors found per round? Then we don't actually care how hard it is to find a factor. Then clients will have to balance their depth vs breadth first searching of their validate set of candidates. We can leave it up to the clients/pools to find the most optimal algorithm (and avoid repeating work). We won't find factors for the smallest candidates right away, but I don't think it will take long for the higher candidates to be mined out before we start finding more relevant factors for GIMPS. The total number of coins would be capped by never increasing the candidate exponent range. We could launch a second coin if we ever needed to work on a different range. If we start with a high enough range we can guarantee to generate enough factors to certify transactions in every round. As long as a bitmap of the unfactored candidates fits on a reasonably sized hard disk, we should be good. |
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#31 |
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"TF79LL86GIMPS96gpu17"
Mar 2017
US midwest
24×3×163 Posts |
Is anyone else visualizing Tom Hanks as Forrest in $200 shoes, an ankle length coat with fur trim, and a flat brim hat with a pheasant feather in the band?
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#32 | |
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If I May
"Chris Halsall"
Sep 2002
Barbados
2·112·47 Posts |
Quote:
Again, more than happy to be proven wrong, but I just don't think this can work for our particular goal. As an aside, I absolutely loved ewmayer's link to "Bacoin"!!! Perhaps we simply offer slices of bacon for factors of leading edge MP candidates. Might be less expensive than some of us spend on AWS et al....
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#33 | ||
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"/X\(‘-‘)/X\"
Jan 2013
https://pedan.tech/
24·199 Posts |
Quote:
1. Each mining node is given a subset of exponents to test. It could only find factors for those exponents. 2. Only N smallest factors per round are rewarded. I suppose someone could still try pre-mining everything, but in each round it would be unlikely their eligible exponents would match the kept-back factors. Each factor submitted would be recorded, regardless of if it's rewarded or not. In a sense, pre-mining would be the natural outcome, as each miner/pool would probably want to track how far they TF'ed a given exponent to not repeat work in the future. The only problem I can see is someone coming along and owning more than 50% of the nodes. Quote:
Last fiddled with by Mark Rose on 2018-05-02 at 03:34 |
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