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fort3hlulzNew "CPU-Only" algorithm by a Monero fork: github.com/deroproject/astrobwt
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gingeropolouslol dero
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moneromoooIs that a scam ? I vaguely recognize the name, can't recall what it is though.
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gingeropolousi mean, 10% premine. i have low criteria for scams. namely, there was a premine.
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moneromoooHeh. I don't. 10% does seem excessive, though.
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sech1heh, then ETH is the scammest scam with 70M premined coins
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moneromoooHow much was that in % ?
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moneromoooBytecoin was 82%. Dash was less, but the dishonesty brings it right back up fast. Those are the scam exemplars to beat :)
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sech1ETH? Current supply is 109M, so bigger part was a premine
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moneromoooo_O
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moneromoooHoly mackerel. I didn't realise it was that much.
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moneromoooSo it probably beat bytecoin ::D
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tevadoratrobwt looks like some attempt at memory hardness, I'd say someone will destroy it with a software optimization
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tevadorand it's not ASIC resistant at all, it's probably a very good target for HBM FPGAs
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sech1BWT is used in bzip2, so good enough implementation should be there
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tevadorway for decentralization: choose a patented algo: patents.google.com/patent/CN105005464A/en
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tevadorsome chinese company
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tevador
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selsta17:48 <gingeropolous> i mean, 10% premine. i have low criteria for scams. namely, there was a premine. <-- Reality was 50% premine IIRC.
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selstaAlso they copied bulletproofs without license attribution and shady all around.