Shipit 🎩

@shipit

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952 Followers

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Has my cast been blocked?

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Has your memory been reset?

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your api busy now?

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I've been spending a lot of time developing the on-chain CPU PoW project we talked about. But it's not as easy as it sounds. I'm working on it while carefully considering aspects like stability and fairness.

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I've been spending a lot of time developing the on-chain CPU PoW project we talked about. But it's not as easy as it sounds. I'm working on it while carefully considering aspects like stability and fairness.

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For now, it's in the draft stage, but I’ll try implementing it on the Sepolia network first.

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Yes, I’d like to hear your thoughts.

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I’m thinking of implementing off-chain mining in Go. What do you think?

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Key Differences: Use of Solidity's keccak256 function instead of Solana's Keccak syscall. Implementation of a block hash-based challenge generation mechanism. Optimization based on EVM gas costs is required. Additional Implementation Requirements: Optimization of Equix validation logic. Lexicographical sorting of proofs. Detailed implementation of difficulty adjustment algorithm. Gas Optimization Considerations: Implement validation logic as efficiently as possible. Minimize storage usage. Consider batch processing possibilities. Security Considerations: Reentrancy attack prevention. Timestamp manipulation prevention. Ensure proof validation integrity.

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I'm interested! :)

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Drillx Drillx is a proof-of-work algorithm for smart contract based cryptocurrency mining. Summary Drillx builds upon Equix, the CPU-friendly client puzzle designed to protect Tor from DOS attacks. Equix itself is a variation of Equihash, an asymmetric proof-of-work function with cheap verifications. Drillx adds a Keccak hashing step on top of Equix to guarantee a difficulty distribution of p(Z) = 2^-Z where Z is the number of leading zeros on the hash. A challenge C is assumed to be a securely generated 256-bit hash, seeded by a recent Solana blockhash. Miners compete to find a 64-bit nonce N that produces a hash of their target difficulty. Solutions must be presented in the form (E, N) where E = Equix(C, N). The difficulty is calculated from Keccak(E', N) where E' is the Equix proof, sorted lexographically to prevent malleability. Since E can be efficiently verified on-chain and Keccak This is the algorithm of Ore, which became popular on the Solana chain recently. What do you think about it?

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I'm really eager to move forward with this!

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Yes, as a result, LUM became far from a fair launch since the early buyers sniped large amounts of tokens at a low price. I’d like to learn more about the architecture behind it.

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LUM was far from a fair launch because it simply used Clanker's basic token template and utilized Uniswap v3 LP. Implementing PoW directly on-chain is inefficient due to gas costs and EVM limitations. The most suitable solution is to perform PoW calculations off-chain and verify the results on-chain. This hybrid approach maintains the integrity and decentralization of PoW while effectively managing gas costs.

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Yes, it would be really interesting to conceptualize a fair launch by minting tokens using the PoW mechanism.

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