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About Kefkius

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    Mazacoin Developer

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  1. In 2.1, under PoSA Cloaking Acceptance, the paper says that PoSA cloakers select outputs that match the true output as closely as possible for PoSA transactions. Do senders and/or other cloakers enforce that? By that I mean, if a PoSA cloaker selects outputs that in no way resemble the true output of the PoSA transaction, does the sender care? I have the same question for the next part of that paragraph: If the PoSA output address has previously received funds, will the sender verify that the cloaker's address for receiving funds/the cloaking reward has been used before?
  2. I don't know how it compares to all other algos with regard to efficiency, but NeoScrypt doesn't have the problems I mentioned. It's definitely more efficient than Scrypt. From what I've gathered about it, I'm rooting for NeoScrypt out of most altcoin algos. (If only because time and effort has been put into its development, and it was created specifically for mining.) It's still really young so the "empirical test" hasn't finished though (e.g. How long before there are ASICs? Has anyone examined the feasibility of a NeoScrypt ASIC, given the potential for profit? Does it perform well on AMD and NVIDIA? etc.).
  3. I've seen coins launched pretty recently that still use scrypt as a PoW algorithm. Worse, they use the Litecoin implementation of scrypt. This is a bad idea, for reasons I'll explain. First of all, the scrypt algorithm was made to resist the design of custom hardware (e.g. ASICs). It was made with this purpose in mind before it was ever implemented in cryptocurrency. However, today we have ASICs for Litecoin's scrypt implementation. So in this regard, the Litecoin implementation of scrypt is obsolete. So why does this matter? It still works as an algorithm. In the interest of resisting custom hardware, scrypt was made to be very memory-intensive. Because of that, verifying scrypt blocks will take longer - especially on low-end hardware - than verifying SHA256 blocks. Coupled with the fact that coins rarely use block targets greater than 10 mintues, the implication is that a scrypt blockchain will require more expensive verifications, and more of them, than a SHA256 blockchain for a given period. It will be harder to run a node as a result. And so, making people verify scrypt blocks is a bad idea. It does nothing that SHA256 doesn't already do; it's just less efficient. Consider how hard it will be to run a Dogecoin full node in a few years, given that the blockchain grows 10x as fast as Bitcoin's and requires more work for every verification.
  4. Hey CryptoCoinTalk, I signed up a while back but haven't really been here. I like the (new?) forum look. Anyway, I'm a Mazacoin developer (see here: https://mazacoin.org/development-team/ ) and I've been wanting to find a place to talk about cryptocurrency development. Conveniently, this looks to be an ideal place for that. Getting to the point: What should I do to be classified as a developer, so that I can post in the developer subforums?
  5. 21:57:16 setgenerate true 21:57:16 Method not found (code -32601) How does one solo mine?
  6. MAZACOIN MZC National Currency of the Traditional Lakota Nation. MazaCoin is an all new fork of the ZetaCoin project that branched from BitCoin. MazaCoin is the Official National Currency of the Traditional Lakota Nation. As a Crypto-Currency, MazaCoin is uniquely qualified to hold and preserve the wealth of a sovereign nation. The forward looking and courageous decision of the Traditional Lakota Nation to adopt a Crypto-Coin as their national currency will pave the way for other countries in the world to abandon out-dated and dysfunctional forms of fiat currency. MazaCoin will create an economic foundation upon which the Traditional Lakota Nation can build lasting wealth and prosperity for their people. And MazaCoin will take it's place in the world of Crypto-Currency as a solid Alt Coin backed by the unique legacy of an ancient culture and nation. MazaCoin is another historical first in the grand renaissance of money that is the Crypto-Currency revolution. The entire world will benefit from MazaCoin, and all are welcome to join our community. The BTC Oyate Initiative The BTC Oyate Initiative founded by Payu Harris will be the primary liason between the Traditional Lakota Nation and the MazaCoin Development Team. The BTC Oyate Initiative will organize and administer the National Crypto-Currency Reserve. The project has an over-arching goal of introducing Crypto-Currency into the reservation economy for the purpose of economic stimulation and growth. The MazaCoin Project is one aspect of this plan, a Crypto-Exchange haven and mining farms on Tribal Land is another. Website http://www.mazacoin.org/ Block Explorer / Crawler http://explorer.mazacoin.org/chain/MazaCoin Contact [email protected] SPECIFICATIONS Based on latest Bitcoin/ZetaCoin 0.8.99 source Using SHA-256 Proof-Of-Work Mining (ASIC's Welcome) Block Target: 120 seconds Difficulty Re-Targets every 4 blocks based on last 90 blocks (Quick Difficulty Readjustment) Block reward: 5000 MZC, halving every 241920 blocks (about 12 month) - not dropping below 1 MZC (inflationary minimum) Total coin mined: 2.4192 billion MZC + yearly inflation 2.4192 billion coins will be mined in approx. first 5 years Thereafter around 1 million per year (inflationary). Transaction Confirmations Needed: 5 DOWNLOADS Windows https://mega.co.nz/#!w0gnQQ4A!6d4ZGO8uDaj7PNOiUmFgp2AtCYWL7Fc3NHYQDqEy5CQ MacOS https://mega.co.nz/#!x8Z21SDa!8i-GJPifp0-QZF0fC1hDT6CRX-O16oKndFg70ulQjI0 Linux https://mega.co.nz/#!J5gnWCAC!MwFxad-ezT22xXopDGz8xPy9xhwssIQM3Yx_sfIABg0 Andriod https://play.google.com/store/apps/details?id=org.mazacoin.drobit.wallet Source Code https://github.com/MazaCoin/MazaCoin Sample mazacoin.conf rpcuser=username rpcpassword=password rpcallowip=localhost rpcport=12832 port=12835 gen=0 server=1 addnode= addnode= addnode= PORTS RPC Port: 12832 P2P Port: 12835 POOLS https://mzc.united-miners.com/ http://maza.hashfaster.com/ http://mzc.minebig.com/ http://mzc.rocketpool.co.uk/ http://asicpool.us/mzc/ http://coinminer.net:19995/ EXCHANGES https://www.cryptsy.com/markets/view/164 https://cryptorush.in/index.php?p=trading&m=MZC&b=BTC https://www.mintpal.com/market/MZC/BTC https://poloniex.com/exchange/btc_mzc https://www.atomic-trade.com/ https://www.allcrypt.com/market?id=222 https://upbit.org/en/ SOCIAL Twitter http://twitter.com/MazaCoin Facebook None Available. Forum http://cryptominers.freeforums.org/mazacoin-f3.html IRC https://kiwiirc.com/client/irc.freenode.net/?nick=MazaCoin|?#MazaCoin SERVICES / OTHER Market http://mazacoin.org/market/

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