Archive for the ‘Crypto Coins’ Category

Handshake (HNS) Decentralized Naming and Certificate Authority

5, Mar 2020

Handshake is a decentralized, permissionless naming protocol where every peer is validating and in charge of managing the root DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems. Handshake is an experiment which seeks to explore those new ways in which the necessary tools to build a more decentralized internet. By running Handshake, one can participate in a decentralized open naming platform secured by a decentralized peer-to-peer network. Handshake uses a coin system for name registration.

The Handshake coin (HNS) is the mechanism by which participants transfer, register, and update internet names. The community will be able to initiate auctions and place bids for top-level domains using HNS or trade their HNS as they see fit, with differing value per name. HNS coins can already be mined with GPUs using mining software such as NBMiner or GMiner, with mining starting just a few weeks ago with the project already gaining significant interest. HashAltcoins have also added support for mining HNS using their FPGA miners, although hashrate and power usage are not significantly better than what a 1080 Ti GPU mining rig could offer. The Chinese ASIC manufacturer Hummer Miner also have announced that they will be releasing a HNS ASIC miner planned to start shipping in May with expected hashrate of 75-80 GH/s.

The good news is there is still to mine some HNS coins with GPUs, the coin is already listed for trading on Gateio, Citex and HotBit. There are a number of mining pools available for HNS with F2Pool being the largest in terms of hashrate at the moment.

Are You Ready for the Grin Hardfork on January 16th

15, Jan 2020

It is time for the next GRIN hardfork that is scheduled to happen tomorrow, January 16th on block 524160. The fork includes an algorithm change of the Cuckarood29 to the new Cuckaroom29, the other algorithm that Grin uses C31 will not be affected by the fork. So if you want to continue mining Grin after the fork with C29 you will need to update your mining software with support for the new Cuckaroom29 algorithm.

AMD GPU miners might want to check out the latest lolMiner 0.9.5.1 that has introduced support for Cuckaroom29 on AMD GPUs with 8GB video memory. Nvidia GPU miners might want to check out the latest GMiner 1.93 that also brought support for Cuckaroom29, but the developer fee is 3% for that algorithm at the moment. The latest GMiner also brings support for Cuckarood29v algorithm (MoneroV), though the dev fee there is a hefty 10%.

BEAM’s First Block Reward Halving Less Than a Month Away

13, Dec 2019

The first halving of BEAM is scheduled to happen after a year of existence of the project on January 4th, 2020 or in just about 3 weeks from now. Earlier this year the project had its first hardfork successfully executed and now it is the time for the first block reward halving. Currently the block reward for BEAM is 100 coins out of which 80 go to miners and the other 20 go to the BEAM Treasury, after the firs halving it will be 40 coins for miners and 10 for the Treasury. It is important to note that the first BEAM block reward halving is happening just 1 year after the project start, but the next one will be in 4 years and will continue to be every four years. After year 5 there will also be no more coins going to the BEAM Treasury, everything will be for miners, so instead of 20 coins miners will be getting 25 from year 5 to 8th, then 12.5 and so on.

In just 1 year BEAM will have 52,560,000 coins emitted with 20% of them in the BEAM Treasury, this is 20% of the total supply of 262,800,000 BEAM coins to be ever made available. After the second halving in another 4 years the total percentage of the available BEAM coins will be 60% as a part of the rapid initial availability of coins in order for the BEAM’s coin emission to get closer to that of Bitcoin’s. So if you are betting on BEAM in the future you may need to act now and take some action in order to get prepared before the first fork, either in terms of trading or mining. Again, we remind you that the second fork will be in 4 years, only the first one that is coming very soon is after 1 year…

– For more information about the privacy-oriented crypto project BEAM…


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