Interview with HeavyCoin Developer
Heavycoin is an interesting coin having been released a couple months ago. Here, an interview regarding the Heavy1 algorithm with the developer: Scrypt/adaptive-n is a single cryptographic hash function. Using a single cryptographic hash function as the basis for a crypto-currency is fine until that cryptographic hash function becomes weak, for example, due to advances in cryptography. You might think that would never happen, but it does. Cryptography does advance and the state-of-the-art changes. Cryptographic hash functions have limited lifetimes. Over time advances are made in....
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Bitcointalk.org forum member keccak512 announced in a post on March 8 a currency called Heavycoin, an altcoin that puts specific focus on security. The innovation that lends Heavycoin it’s, um, heaviness, is the fact that the currency’s blockchain is secured with four hash functions. It also notes that the SHA-256 hash function — on which Bitcoin relies and which is part of Heavycoin’s collection of hash functions, as well — should not be trusted on its own, as revelations from Edward Snowden have indicated. Heavycoin developers conclude that currencies with SHA-256 cryptography may be....
A couple weeks ago I had an interview with the MastCoin developer, and he expressed some of his thoughts through the questions I had asked him. Here, we can see the interview: Our team is an internationally diverse group of experienced professionals, which includes software developers, marketers, and members of the altcoin community. Many of our team have worked together before, but this is the first time we’ve launched a coin together. Our team members have been participating in the altcoin community in a wide variety of ways for a long time, but have often lamented the status-quo where....
There are an insane number of altcoins coming out everyday. Most of them are absolute garbage, have terrible developer support and are instantly dumped if they are ever put onto an exchange with any kind of volume. To say the altcoin market is overcrowded is like saying Toronto Mayor Rob Ford has a drug problem or Nickleback is a horrible band: you are correct, but you aren't telling anyone something they don't already know. For the most part, I avoid talking about new coins. “Call me when you have something unique, and finished, to show me” is my general response to new coin developers....
![[INTERVIEW]BoostCoin and it’s X13 Algorithm](minthumb/bitcoinist_net_ip.bitcointalk.org_-e1401500811367.png)
BoostCoin has received plenty of attention last week due to people interested in the X13 algorithm. However, it was not the first coin to implement it, the creators of the X13 algorithm abandoned their coin and now, boostcoin could be a very nice replacement to that which failed. BoostCoin is a PoW/PoS with a maximum of 40 million coins including the PoS stage, though it does have a 1% premine and therefore must be dealt with with caution. I spoke with the developer yesteday, and he was kind enough to answer a few questions I had asked him. Without further ado, the interview: I choose x13....
To many people in the Bitcoin community, altcoins are considered nothing more than scams. Part of the reason is that altcoin developers and promoters are often found telling people to purchase an altcoin for their own financial benefit; however, this is not the case for Monero developer Riccardo Spagni. Spagni holds a relatively pragmatic view on altcoins. The Monero developer has told individuals with limited funds to not buy the altcoin. In fact, he has stated, “The most likely scenario is that Monero fails entirely.” To many, Spagni’s unique take on the altcoin market, especially as a....