Snipped....
We have about 4-5 BTC of bounties for people who gonna find bugs/flaws in design or implementation: most serious critical flaw gonna get 2 BTC, next less critical 1 BTC, next 0.5 BTC and so on.
Brief description link(mini-whitepaper):
http://162.243.101.90/lui_share.pdfImplementation:
https://github.com/cryptobender/luiNotice: Implementation does not completely reflect mini-whitepaper description, it still in development, so i often do some commits and restart test network every 2-3 days. Atm we have network that running about of couple of days and seems to be okay.
Feel free to post any questions and ideas here or to PM.
Zoidberg
I read the white paper, there is mentioned about iteration of hash.
1. I think the hash shouldnt be iterated at 500k times, just let it plain 1 iteration, because when somebody figure out how to trick it with getpassediteration() function then he/she might get 50 times faster miner. Just learn from B*R how someone got 100x faster miner by passed the iteration. By letting it without iteration anyone will have same opportunity with maximum hash depending on hardware configuration.
2. If this project's target to make coin asic-proof then the scratchpad should be no less than 2MB but bigger scratchpad would be great to stay away from asic development. Because we know all hashfunction can be asic-fied.
CMIIW.