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  Cryptonium, A cryptocurrency that I'm just playing around with.  (Read 740 times)
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Offline tom_mai78101
« Posted 2014-01-19 16:31:17 »

It's one of the most recently announced cryptocurrency on the net, with a 6 days old age.

As far as playing with it, I'm not really interested in utilizing them for monetization. But at least, I learned how to do stuffs that BitCoin miners alike are doing. Better to start learning on the basics just in case BitCoin really becomes the accepted digital currency.

This is their announcement thread.
And this is the tutorial on how to mine Cryptonium.

Go ahead and see if you liked the idea of just learning the basics, and not really trying to earn money from it.
Offline Drenius
« Reply #1 - Posted 2014-01-19 17:29:58 »

Er... ok...
A currency...
What for and how would you get it? ...
The sites and subsites gave some 'arguments' why to use it, but not enough information what it is...
Offline Riven
« League of Dukes »

« JGO Overlord »


Medals: 834
Projects: 4
Exp: 16 years


Hand over your head.


« Reply #2 - Posted 2014-01-19 17:48:04 »

These e-coins are an excellent way to ramp up your electricity bill.

It's not all fun and games with these projects, they cost hard earned money, giving you something in return that may or may not be worth something to somebody, some day...

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Offline Longarmx
« Reply #3 - Posted 2014-01-19 17:55:59 »

I'm just waiting for it to be revealed that these 'cryptocurrencies' were being used to crack codes(or encryption methods) or fill rainbow tables.  persecutioncomplex

Offline tom_mai78101
« Reply #4 - Posted 2014-01-20 15:14:18 »

Er... ok...
A currency...
What for and how would you get it? ...
The sites and subsites gave some 'arguments' why to use it, but not enough information what it is...

What it is: It's a LTC clone of some sort, like all other cryptocurrencies.
Offline opiop65

JGO Kernel


Medals: 159
Projects: 7
Exp: 3 years


JumpButton Studios


« Reply #5 - Posted 2014-01-20 15:30:56 »

They are practically worthless is what they are.

Offline xsvenson
« Reply #6 - Posted 2014-01-20 15:45:48 »

I'm just waiting for it to be revealed that these 'cryptocurrencies' were being used to crack codes(or encryption methods) or fill rainbow tables.  persecutioncomplex

It is NSA's attempt to make a massive rainbow database, with any possible string formats.
Just need a bit of carrot, like make the currency exchangeable with RL money and maybe drive the "value" up and You have basically a huge cloud of password crackers.

“The First Rule of Program Optimization: Don't do it. The Second Rule of Program Optimization (for experts only!): Don't do it yet.” - Michael A. Jackson
Offline Nate

« JGO Bitwise Duke »


Medals: 158
Projects: 4
Exp: 14 years


Esoteric Software


« Reply #7 - Posted 2014-01-20 19:32:08 »

Then create underground exchanges that get "hacked" and $100M+ disappears.

Also:
http://news.slashdot.org/story/14/01/07/2134242/how-to-create-your-own-cryptocurrency

Offline xsvenson
« Reply #8 - Posted 2014-01-20 19:55:15 »

So basically, the have a huge cloud AND make money from it.

“The First Rule of Program Optimization: Don't do it. The Second Rule of Program Optimization (for experts only!): Don't do it yet.” - Michael A. Jackson
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