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#1 |
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"David"
Jul 2015
Ohio
20516 Posts |
https://github.com/ethereum/EIPs/iss...ment-377734068
The cryptocurrency space is going through a bit of a crisis, maybe we can convince them that elliptic curve factoring candidates for us is more valuable and to build dedicated factoring hardware for high bitrates isn’t likely to have big advantages over commodity GPUs and CPUs! Last fiddled with by kladner on 2018-05-02 at 23:28 Reason: corrected all caps, and returned title to the original, informative one |
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#2 | |
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Oct 2015
4128 Posts |
Quote:
Last fiddled with by 0PolarBearsHere on 2018-04-01 at 09:43 |
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#3 |
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"Composite as Heck"
Oct 2017
3B616 Posts |
I've thought about factoring as PoW for a cryptocurrency and it is an interesting idea:
I can't see a way to use LL as PoW, the only proof is in finding a prime and that would make for some rather excessive block times :P Verifying part of a DC with "I agree", or saying "this LL that took 5 seconds came out as composite check out this totally-real residue" is too easy to fake. |
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#4 |
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"David"
Jul 2015
Ohio
11×47 Posts |
Most of the crypto algorithms now are a bunch of work, memory hard or computationally hard, with a simple efficient hash function at the end of the solution to store the signature of that work in the next block.
The hard part would be taking the previous hash and incorporate it into the work, such that work couldn’t be prepared ahead of time. |
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#5 |
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"Victor de Hollander"
Aug 2011
the Netherlands
32·131 Posts |
MersenneCoin?
ECMcoin? FFTcoin? |
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#6 |
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"/X\(‘-‘)/X\"
Jan 2013
https://pedan.tech/
24×199 Posts |
We find Mersenne primes too irregularly to make even pooled mining a thing.
Making TF coins could be a thing though. Hmmm... |
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#7 | |
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"Mihai Preda"
Apr 2015
22·3·112 Posts |
Quote:
If adopted as PoW in some popular coin (ethereum) that would be sweet, but it may be not easy to get the stakeholders' agreement. MTF could also be the base for a stand-alone crypto coin. This would allow a quantitative incentive for TF (similar to the monetary incentive for LL, the 100M-digit prime prize). |
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#8 | |
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"Mihai Preda"
Apr 2015
22·3·112 Posts |
Quote:
Edit: oops, it seems that name is taken... well then, back to Mersenne coin. Last fiddled with by preda on 2018-04-03 at 00:26 |
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#9 |
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"David"
Jul 2015
Ohio
11·47 Posts |
Figure out the algorithm and we could do it!
Requirements: Input: 32 byte header hash of proposed block, nonce (64 bit worker specific attempt) Algorithm: ??? Test a range of bits on some candidates??? Output: List of factors found + 32 byte hash whose 256 bit value is < target How do you ensure each hash attempt is on previously unfactored candidates? Perhaps each block includes a range of candidates from a pre-determined pools, iterating through the pool every block? The hash would have to be the mod sum of candidate attempts or some other not so fakeable values. Perhaps nonce represents the low order bits and high order ranges are checked? |
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#10 |
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Basketry That Evening!
"Bunslow the Bold"
Jun 2011
40<A<43 -89<O<-88
3·29·83 Posts |
The major problem with this is that it's ASIC-able. There will be too much centralization.
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#11 |
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Sep 2003
1010000111102 Posts |
That's only a problem for the currency itself. It would be a boon to the project's goal of finding factors with low power expenditure.
In fact, why not make the whole thing a scam by design. It would hardly be the first cryptocurrency to fit that description. Deliberately make it ASIC-able, albeit in a non-obvious way. After the dust settles, we buy up the ASICs at fire-sale prices and use them for our own purposes to find factors. The ASIC designers might even put extra R&D effort into it because of the durable hobbyist aftermarket for their product even after the currency itself fails. |
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