Myriad fucking coin

Will it contribute to a lot of people?

What does it have to offer.

nice try

>>2436019
XVG and DGB are the biggest mysteries to me... especially DGB

why the everloving fuck would these two take off when there are coins that are way better, that have less quantity, and have better teams with better tech...

>>2436126
it has 5 different algorithms, phones compete against phones, gpus against gpus, cpus, and some other shit

There's been a lot of accumulation at these levels. I can see it going back to 200+ quite easily, not sure how much further than that though

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>>2436384
Do you have a link to their whitepaper?

>>2436276

Like what?

>>2436126
What does it have to offer? Well...

With Bitcoin you've got a situation where 5 Chinese dudes who run pools/mining farms/connected to ASIC fabs and control 80% of the hash rate, went into a room with some members of Blockstream and signed an agreement not to scale Bitcoin, nearly 2 years ago. Since then Bitcoin has failed to scale.

People have long argued that sha256 ASICs will eventually become so refined that their rate of improvement will drop down to Moore's laws levels, and they will become widely commoditized, with people choosing to use Bitcoin ASICs to heat their fish tanks or something like that. While I do believe and hope that this is possible, it's basically just speculation and theory. Even if it will happen, there's no sign of it happening yet. In the meantime Bitcoin is centralized and failing to scale.

Litecoin was the first coin that seriously tried to tackle this (Ok, Tenebrix, technically). But Litecoin basically was a weak argument. Then came Vertcoin, with their "we'll just keep forking off the ASICs argument", which I also don't buy. Then we had the cryptonite coins like Monero which is pretty interesting but I don't think the argument stands on its own: even with the memory hardness, it's still possible to build ASICs for cryptonite. They would not have as much of an efficiency advantage as sha ASICs, but they would still use less electricity. They would also be a lot more expensive to fab in the first place, which would increase centralization as the first to market will be the only one who could afford to drive out all the CPU/GPU miners. Then we got dagger-hashimoto and equihash coins, which make a pretty solid case for continuing GPU mining. Though they're still dominated by GPU farms in China, so I'm not convinced GPU-only is the way to go.

Myriad with its multi-algo design is the only coin that has a serious answer to mining centralization and isn't a scam.

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Hello myriad fag. Last time we spoke was when DGB was 100 sats.

First off, DGB was never meant to be
>le gaming coin XD
Minecraft is one of the many fan creations that the Digibyte team encourages.

The actual reason why DGB is successful is because of microtranscations, good security, and MARKETING. Seriously, DGB actually puts out an effort to make it a currency. The team or fans try as hard as possible to be able to one day purchase items with DGB, and market it out by cool mining niches. DGB takes the effort to enter contests and meet with government and business leaders to spread the coin around. DGB gives back to the community by stating that, YOU, anyone who has good coding knowledge is allowed to contribute to the coin and be payed for it

Also, all this shit about DGB being premined is a FUD. Why would it even matter? People can still premined. You somehow have this tinfoil hat belief that Jared owns all the coins and can dump it at will.

You are only mad that the reality is that DGB has just as good technological capabilities as Myriad, or even better, and that the only reason it hasn't mooned is because you never tried to hard to put the coin the used or to spread it, and instead, you are going to attack a fanmade section of Digibytes: digibyte gaming, which is again, created by the fans.

Fug u

>>2436633
> The actual reason why DGB is successful is because of microtranscations, good security,

Well, yeah. It got that from Myriad.

> cool mining niches

From Myriad... except DGB has Qubit ASICs which no-one owns except a few Chinese guys. Very niche.

> MARKETING, DGB takes the effort to enter contests and meet with government and business leaders to spread the coin around.

So DGB has a guy named Jared who shows up to conferences and talks about how great his multi-algo coin is. But he never mentions Myriad, or the fact that DGB is premined.

> Also, all this shit about DGB being premined is a FUD.

It's not.

DGB was premined 0.5%. After launch, first halving was scheduled after 2 weeks. A month later the devs did a hard fork to halve the rewards again. In August '14 they forked over to Myriad's multi-algo, 'accidentally' doubled the rewards, crashing the price. Two months later, they forked to cut the rewards again... by 3x. Then they announced a 250k USD investment sum.

> you never tried to hard to put the coin the used or to spread it, and instead, you are going to attack a fanmade section of Digibytes: digibyte gaming, which is again, created by the fans.

If the gaming is fan made, then what the hell did DigiByte team actually do? Copy Myriad and then...? Why are fans happy to donate their efforts to this coin and let the preminers profit?

>>2436441
kek'd and saved

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>>2436460
Thanks for the detailed explanation. I know, this will be a long term investment.

>>2436019
>being this mad as a bagholder

How is it that I'm at page 10 now. Hardly anyone bites. Yet DGB and XVG have 5 threads each with scores of MOON comments?

I did buy some. I am testing this as a week long gamble hoping for a x3 roi

>>2438838
Good luck