So is this a mining program inside the browser? Can someone please explain?
Show HN: A Browser-based Blockchain
131–140 of 149 posts
Re: Show HN: A Browser-based Blockchain
#132Before anyone gets too excited because the page doenst make this clear, you are all mining on the Test block chain, not the release block chain, the coins are worthless, they are fine for playing around with though.
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Re: Show HN: A Browser-based Blockchain
#133That's pretty cool. Will you also make a native miner?
Re: Show HN: A Browser-based Blockchain
#134Ok, you have a roadmap, but I'm left with more questions than answers, e.g.: if a blockchain relies on every node having a ledger of the whole transactions, and bitcoin's ledger now occupies more than 100GB, then how is this supposed to work when the ledger becomes big? Also, how do the 'instant' transactions work?
You only need the full blockchain to initially verify the proof of work chain, you can then run in pruning mode which requires having the latest blocks and unspent outputs.
Re: Show HN: A Browser-based Blockchain
#135Why another cryptocurrency? I can't keep track!!
Re: Show HN: A Browser-based Blockchain
#13617% CPU utilization when mining. You need to multithread that. Or better yet, implement it in a WebGL shader.
Looks like they've already added GPU mining as a MainNet milestone. (https://github.com/nimiq-network/core/issues/39)
Re: Show HN: A Browser-based Blockchain
#137Why another cryptocurrency? I can't keep track!!
Because this one is built with one thing in mind: making it so simple that your mom can use it. Even the combined market cap of all Cryptocurrencies to date still only represents a small fraction of our financial transactions and monetary system (http://virtualrealitytimes.com/2017/05/30/chart-bitcoin-vers...). This is far from mainstream by any means. Nimiqs browser-based approach and clear focus on ease of use brings blockchain technology to everyone, everyday.
Re: Show HN: A Browser-based Blockchain
#138So is this a mining program inside the browser? Can someone please explain?
Yes. You connect and sync to the Nimiq Network through your browser and run Block mining inside your browser. No installation necessary.
Re: Show HN: A Browser-based Blockchain
#139This is good until the ASICS come in force and make mining in the browser useless.
This is the Betanet. We will not use sha256 as in our Mainnet. We are already working on a WebAssembly implementation of a memory hard ASIC resistant POW.
Thanks, but while ASICs may not be a threat, in general finely tuned beefy machines might be? So that running this in a browser would be as efficient as mining litecoin in a browser?
Re: Show HN: A Browser-based Blockchain
#140Just ask here if you need some test coins. I already mined a first block.
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