AWARD-WINNING

CASINO CRYPTO EXCLUSIVE

CLUBHOUSE 1500+

GAMES 2 MIN

CASH-OUTS 24/7

SUPPORT 100s OF

FREE SPINS PLAY NOW tised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Advertised sites arnot endorsed by the Bitcoin Forum.They may be unsafe, untrustworthy, or illegal in your jurisdictin.

jwinterm



Offline



Activity: 2408

Merit: 1070









LegendaryActivity: 2408Merit: 1070 Re: Vertcoin vs Myriad: Both aim for more decentralised mining. Which way is better? September 26, 2015, 09:13:58 PM #4 Quote from: KhalDrago on September 26, 2015, 05:14:10 PM both were finished long time ago..nobody gives crap anymore..these btc copy 1.0 coins are all done with no significant community.



Just looked through KhalDrago's post history to see which coins he supports, but it's practically all comments calling other coins shit/scam/clone/etc. Apparently the only coin he supports is Bitcoin-XT, which, I'm not anti-XT at all, but, way to pick em.



Back to topic, I think Myriad's approach is much better, especially with their recent fork to make sha and scrypt algos merge-mineable. Vert's approach of constantly changing/adjusting algo depends on a lot of moving parts. I think at some point the hope is that the ecosystem becomes big enough that people can just set it and forget it, but that's not possible if you're constantly hardforking to change/adjust algo. Obviously that's not an issue at this point for either coin, since the communities/ecosystems are relatively small and both can push hardforks through, but look at Bitcoin and the surrounding drama over block size limit now; if a coin actually becomes successful, I don't think constantly hardforking is really a reasonable approach. Just looked through KhalDrago's post history to see which coins he supports, but it's practically all comments calling other coins shit/scam/clone/etc. Apparently the only coin he supports is Bitcoin-XT, which, I'm not anti-XT at all, but, way to pick em.Back to topic, I think Myriad's approach is much better, especially with their recent fork to make sha and scrypt algos merge-mineable. Vert's approach of constantly changing/adjusting algo depends on a lot of moving parts. I think at some point the hope is that the ecosystem becomes big enough that people can just set it and forget it, but that's not possible if you're constantly hardforking to change/adjust algo. Obviously that's not an issue at this point for either coin, since the communities/ecosystems are relatively small and both can push hardforks through, but look at Bitcoin and the surrounding drama over block size limit now; if a coin actually becomes successful, I don't think constantly hardforking is really a reasonable approach.

myriadcoin



Offline



Activity: 209

Merit: 100







Full MemberActivity: 209Merit: 100 Re: Vertcoin vs Myriad: Both aim for more decentralised mining. Which way is better? September 26, 2015, 11:52:49 PM #5 Quote from: MaxDZ8 on September 26, 2015, 04:47:59 PM Holy ███████ ████.

Did you really register yourself as 'myriadcoin' without being the administrator or something?

████.

I think people will assume this thread is not really serious. I don't. Maybe you're really asking for other's opinions but that's not the best way to start isn't it?



I have a 5 year old account on this forum that I recently lost access to. I would like to foster a serious Myriad vs Vertcoin debate. So how do you suggest I start it?



Personally I think Myriad is a better approach. Only 60% of the hash power can be mined with a GPU, which I know Vertans are going to say they don't like. But I actually think that Myriad's approach is still more fair to GPU miners, because it is resistant against GPU farms. GPU farms tend to be powered by large quantities of the same model of GPU. Vertcoin only has 1 PoW algorithm, so one or a few models of GPU are going to be most efficient at mining it. Myriad, however, has 3 GPU PoW algos, meaning that several models of GPU are likely to be quite efficient at mining it on at least one of its algorithms. This means that GPU farms probably have less of an efficiency advantage over home miners. I have a 5 year old account on this forum that I recently lost access to. I would like to foster a serious Myriad vs Vertcoin debate. So how do you suggest I start it?Personally I think Myriad is a better approach. Only 60% of the hash power can be mined with a GPU, which I know Vertans are going to say they don't like. But I actually think that Myriad's approach is still more fair to GPU miners, because it is resistant against GPU farms. GPU farms tend to be powered by large quantities of the same model of GPU. Vertcoin only has 1 PoW algorithm, so one or a few models of GPU are going to be most efficient at mining it. Myriad, however, has 3 GPU PoW algos, meaning that several models of GPU are likely to be quite efficient at mining it on at least one of its algorithms. This means that GPU farms probably have less of an efficiency advantage over home miners.

http://myriadcoin.org

NOT the Myriad developer. Just a fan. Myriad: the ORIGINAL and fairest distribution 5 algo coin, which I did not develop.

MaxDZ8



Offline



Activity: 672

Merit: 500









Hero MemberActivity: 672Merit: 500 Re: Vertcoin vs Myriad: Both aim for more decentralised mining. Which way is better? September 27, 2015, 10:28:59 AM #7 Quote from: myriadcoin on September 26, 2015, 11:52:49 PM I have a 5 year old account on this forum that I recently lost access to. I would like to foster a serious Myriad vs Vertcoin debate. So how do you suggest I start it? I suggest you clarify in your post (or put it in signature directly) IF and HOW you are related to the Myriad cryptocurrency.

Everybody looking at your username will just take for granted you are some sort of admin for myriadcoin, as it is the case for some other alts.

In retrospect, it is incredibly dumb the MYR community didn't take that username and I cannot really blame you for using it BUT it is clear you have already taken a decision WRT this matter. Please be careful.

Quote from: myriadcoin on September 26, 2015, 11:52:49 PM Personally I think Myriad is a better approach. Only 60% of the hash power can be mined with a GPU, Nope! Hashrate is a nonlinear property. The fact that GPUs are competitive on 3/5 algorithms does not imply 60% hash rate.

Quote from: myriadcoin on September 26, 2015, 11:52:49 PM Myriad, however, has 3 GPU PoW algos, meaning that several models of GPU are likely to be quite efficient at mining it on at least one of its algorithms. This means that GPU farms probably have less of an efficiency advantage over home miners. I think I follow your line of thinking but you are evaluating the implementations of the algorithms, not the algorithms themselves. All MYR algos are SHA-3 candidates or derived from SHA3 candidates so they are similarly complex. GPU farms as you imagine can just burn $$$$ and get access to an optimized kernel. Most SHA3 candidates are dead simple compared to some crazy shit going on AAA videogames. Everybody looking at your username will just take for granted you are some sort of admin for myriadcoin, as it is the case for some other alts.In retrospect, it is incredibly dumb the MYR community didn't take that username and I cannot really blame you for using it BUT it is clear you have already taken a decision WRT this matter. Please be careful.Nope! Hashrate is a nonlinear property. The fact that GPUs are competitive on 3/5 algorithms does not imply 60% hash rate.I think I follow your line of thinking but you are evaluating the implementations of the algorithms, not the algorithms themselves. All MYR algos are SHA-3 candidates or derived from SHA3 candidates so they are similarly complex. GPU farms as you imagine can just burn $$$$ and get access to an optimized kernel. Most SHA3 candidates are dead simple compared to some crazy shit going on AAA videogames.

MaxDZ8



Offline



Activity: 672

Merit: 500









Hero MemberActivity: 672Merit: 500 Re: Vertcoin vs Myriad: Both aim for more decentralised mining. Which way is better? September 27, 2015, 10:36:27 AM #9 Anyway, going back to the point. I consider MYR (or multi-algo) to be a step forward compared to VTC. The implications of an accessible mining scheme are very interesting by a social standpoint.



However, in the real world, both have demonstrated that as much as your idea can be good, little hashrate is little hashrate and once you go below a certain threshold you can have as many security as you want. It is incredible how few were mining MYR last month!