16:35:11 <fort3hlulz> New "CPU-Only" algorithm by a Monero fork: https://github.com/deroproject/astrobwt
16:40:51 <gingeropolous> lol dero
16:43:34 <moneromooo> Is that a scam ? I vaguely recognize the name, can't recall what it is though.
16:48:27 <gingeropolous> i mean, 10% premine. i have low criteria for scams. namely, there was a premine.
16:49:02 <moneromooo> Heh. I don't. 10% does seem excessive, though.
16:50:56 <sech1> heh, then ETH is the scammest scam with 70M premined coins
16:56:55 <moneromooo> How much was that in % ?
16:57:35 <moneromooo> Bytecoin was 82%. Dash was less, but the dishonesty brings it right back up fast. Those are the scam exemplars to beat :)
17:02:28 <sech1> ETH? Current supply is 109M, so bigger part was a premine
17:03:41 <moneromooo> o_O
17:04:02 <moneromooo> Holy mackerel. I didn't realise it was that much.
17:04:12 <moneromooo> So it probably beat bytecoin ::D
17:09:00 <tevador> atrobwt looks like some attempt at memory hardness, I'd say someone will destroy it with a software optimization
17:10:01 <tevador> and it's not ASIC resistant at all, it's probably a very good target for HBM FPGAs
17:16:11 <sech1> BWT is used in bzip2, so good enough implementation should be there
17:22:27 <tevador> way for decentralization: choose a patented algo: https://patents.google.com/patent/CN105005464A/en
17:23:19 <tevador> some chinese company
17:24:26 <tevador> also: https://www.researchgate.net/publication/4221676_An_FPGA-based_parallel_sorting_architecture_for_the_Burrows_Wheeler_transform
18:08:32 <selsta> 17:48 <gingeropolous> i mean, 10% premine. i have low criteria for scams. namely, there was a premine. <-- Reality was 50% premine IIRC.
18:09:05 <selsta> Also they copied bulletproofs without license attribution and shady all around.