WTF is Pyrin?! PYI
Summary
TLDRPyon is a new blockchain forked from Casserole utilizing the Blake3 proof-of-work algorithm instead of SHA256. It aims to provide fast transactions and scalability but will likely not remain ASIC resistant long-term. The video explores Pyon's features, expected mining profitability and adoption hype compared to Carlson, and provides guides for building nodes and starting to mine the new PYI token.
Takeaways
- 😀 Pyon is a new crypto project that has forked the Casper blockchain and changed the mining algorithm to Blake3
- 🔨 Blake3 is gaining popularity across proof-of-work networks as an alternative to SHA256
- 🚀 Early speculation mining may be advantageous similar to other Casper forks like Carlson
- 💰 Lower initial block rewards could mean higher initial coin prices for Pyon
- ⚒️ Mining setup is simple by just selecting Pyon in mining software like HiveOS
- 📈 Adoption and hype could push initial Pyon prices over $0.30
- 💎 Eventually ASICs will likely come to Pyon as Blake3 is not ASIC resistant
- ⏳ Carlson plans to change algorithms to resist ASICs but no indication Pyon will
- 📋 Pyon promotes superior traits like GHST, speed, decentralization, scalability
- 😉 As always, do your own research before investing time or money into new networks
Q & A
Pyonとは何ですか?
-Pyonは、カスパブロックチェーンをフォークし、マイニングアルゴリズムをSHA-256からBlake 3に変更した最新のカスパフォークです。
Blake 3アルゴリズムが他のハッシュアルゴリズムと比較して優れている点は何ですか?
-Blake 3はシンプルなAPIを備え、キーとなる出力を伸ばすことができる単一のアルゴリズムであり、SHA-256よりも優れていると考えられています。
PyonのASIC耐性についての問題点は何ですか?
-Pyonは当初ASIC耐性があるとされていますが、Blake 3アルゴリズムはメモリハード機能を使用せず、コア集中型処理に焦点を当てているため、将来的にASICが開発される可能性があります。
CarlsonとPyonの違いは何ですか?
-PyonはCarlsonと同様にカスパをフォークしていますが、マイニングアルゴリズムをBlake 3に変更しており、ASIC耐性を保持する計画についての言及がない点が異なります。
Pyonマイニングを始めるための簡単なガイドはありますか?
-はい、Pyonネットワークでマイニングを始めるためには、ウォレットアドレスを生成し、選択したプールを設定し、適切なマイナーを選択してフライトシートを作成する必要があります。
Pyonのブロック報酬はいくらですか?
-Pyonの初期ブロック報酬は17 Pyonです。これは、Carlsonの初期ブロック報酬50に比べて少ないです。
Pyonをマイニングする理由は何ですか?
-Pyonは新しいネットワークであり、初期段階ではブロック報酬が高く、他のマイニングハードウェアとの競争が少ないため、GPUマイナーにとって有利なスペキュラティブマイニングの機会を提供します。
Pyonの価格予測はどのように行われていますか?
-Pyonの価格予測は、供給量と需要、およびCarlsonなどの過去のカスパフォークのパフォーマンスを基にしています。初期リリースではCarlsonの倍の価格に達する可能性がありますが、これはあくまで推測です。
Pyonのサポートとリソースはどこで入手できますか?
-Pyonに関するサポートとリソースは、Pyonの公式Mediumブログポスト、Twitter、Discord、Telegram、Bitcoin Talkなどで入手できます。
Pyonをマイニングする際の注意点は何ですか?
-Pyonをマイニングする際は、供給量と需要のバランス、ASIC耐性の将来性、およびネットワークの採用率など、多くの要因を考慮する必要があります。スペキュラティブマイニングであることを念頭に置き、適切な計画を立てることが重要です。
Outlines
Introducing Pyon, a New Cryptocurrency Fork
Pyon is a recent fork of the Caspian blockchain that changes the mining algorithm from SHA-256 to Blake3. It aims to be ASIC-resistant like Carlson. Pyon promotes features like fast transactions, decentralization, and security, but the author is skeptical about its uniqueness. However, speculative mining may be profitable in the short term.
Guide to Start Mining Pyon
The author provides a simple guide to start mining Pyon using NiceHash and custom mining pools. A node and wallet guide is also available. The potential price at launch could be around $0.30 based on the lower block reward compared to Carlson and presumed adoption rate.
Closing Thoughts and Self-Promotion
The author clarifies that covering new cryptos does not mean he recommends them. He promotes his YouTube channel, website, locals community, merch store and cryptomining ecourse for those interested in more crypto content and resources.
Mindmap
Keywords
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Highlights
Introduction to Pyon, the latest Caspa Fork in the blockchain space.
Pyon's differentiation from Caspa by changing the mining algorithm to Blake 3.
The adoption of Blake 3 across various cryptocurrencies for enhanced hashing.
Discussion on ASIC resistance and potential future developments.
The cryptographic advantage of Blake 3 over SHA-256.
Introduction of ghag by Caspa and its implementation in Pyon.
Skepticism towards Pyon's unique value proposition.
The speculative mining advantage of Pyon in the early stages.
Resources and guides available for mining Pyon.
How to set up mining for Pyon on different platforms.
The potential for high adoption rates of Pyon similar to Carlson.
Price projection considerations for Pyon based on market trends.
The impact of block rewards on Pyon's market performance.
Encouragement to do personal research and make informed decisions.
Promotion of self-reliance in learning about new blockchain networks.
Transcripts
what's up Sons it's blind rod with son
ofch once again and today we're going to
talk about WTF is Pyon and a quick guide
at the end to get up and running mining
it let's go ahead and hop right into
[Music]
it welcome back everyone so Pyon is the
latest Caspa Fork that has hit the
interwebs and the blockchain space it is
pretty much as similar to Carlson as you
could expect seeing that all it has done
so far is taken the Caspa blockchain
gone ahead and forked it and then went
ahead and changed the mining algorithm
from Shaw 256 or Shaw in general to the
Blake 3 algorithm now there's a lot of
reasons for this now Blake 3 has been
implemented across the board in lots of
different hashing algorithms here
recently of of course we saw that
implemented into ethereum now known as
hypra and basically replacing the shaw
with the Blake 3 in the ET mining
algorithm and then we've seen it very
popular in other coins as well including
radiant as well as athum and so on so
this has been something that's been
getting implemented across the proof of
work space for quite some time now and
is starting to hit the khey has
algorithm the problem here is that
doesn't necessarily make it Asic
resistant as was promoted by Carlson
while initial releases will be Asic
resistant because ASX haven't been
developed for the Blake 3 portion of
this algorithm or this hashing algorithm
eventually it is possible because this
hashing algorithm does still focus on
core Centric processing as opposed to
utilizing any sort of memory or memory
hardening within the algorithm to
prevent as6 from hopping onto the
network so I would presume that we would
see fpgas and eventually Asic on either
one of or all of these networks
depending on how successful they are in
the future of course I believe Carlson
will be aiming to change that algorithm
to remain Asic resistant pyron's a
little bit different if you take a look
at their notes there is no indication
that they plan on moving off of this
algorithm whatsoever and it does mean
that if successful we will eventually
see fpga and as6 on this particular coin
now what you can see is they do Tout The
Blake 3 cryptographic hash and that is
due to uh a plethora of reasons
obviously it's being used across the
board now because it is considered
Superior to Shaw 256 and that is due to
it being a singular algorithm with a
simplified API accommodating King and
extendable output puts of course once
you get into this a little bit more it
goes over ghag which was introduced by
Caspa obviously the most revolutionary
thing that has happened in the block
space over the bare Market was that
introduction by Caspa of ghost stag it's
getting applied here and then of course
they talk about all the other key points
right fast transactions BD centralized
be scalable be secure blah blah blah uh
to be honest if I look at this all I see
is a lot of promotional materials that
is akin to everything else nothing
unique here with pirate the thing is is
a lot of people have already started
supporting this network and if we look
at previous Caspa forks and their
performance such as Carlson we could say
a speculative mine would be advantageous
to some GPU miners because in the early
days we'll have higher block rewards
less competition from other mining
hardware and so on so that is really why
getting behind this I go ahead and bring
it to your attention I am speculative
mining it but once again just like I did
with Carlson a pretty conservative
speculative mine the rest of my farm now
that it can be profitable is on the most
profitable coin that I can find and I
talk about that all that on my locals at
son of a tech. locals.com so let's go
ahead and give you guys a couple more
promotional materials you can check out
their medium blog post here if you want
to read about what they're promoting
about their particular blog chain uh you
can also of course hit up their Twitter
or X account I guess now and their
Discord Telegram and the Bitcoin talk it
has not been launched for that long but
already just like Carlson we are
starting to see pools support it
including E4 pool here as well as B mine
LOL Miner now supports it as well you
can and build a node which I have a node
and wallet guide over on locals if you
want to spin up a wallet go check that
out link will be down in the description
and you do have now stratums available
for solo mining on their Discord I'll be
working on a guide for that as well that
I'll be putting up on locals that being
said if you want to hop into mining it
it's pretty simple other than going
through the node guide now the this
particular node guide that I set up goes
along the Linux side of things but if
you followed my guide on the window side
for Carlson basically you just replace
the Carlson D with the
pyi and then you can basically go
through that same guide and spin it up
as far as mining is concerned it's
extremely simple if we pop into one of
these and create a new flight sheet
we'll actually just go over ahead and go
over here to flight sheet and we can now
just type in pyi or p yr and there's the
Pyon Network already available and then
you can see here that we do need to
configure the pool I believe if you do
pyi right now actually and there's
probably an update going on select the
node you can see here yep yep so it's
pyi all capital letters for the token
name you'll put in your wallet address
which you can generate via the node and
then you can just select the pool right
out of here or you can you know insert
your custom pool if you so wish such as
E4 pool and then you can go here select
LOL minor and then Bing Bang Boom you
just go ahead and click the create sheet
you can go back to one of your rigs
click on that rig hit the flight sheet
go on over to the new one and click the
flight out and it will begin to mine in
some cases if you are still getting
stuck on an old LOL Miner you may need
to go into here click the little upgrade
or downgrade button upgrade it and then
move on from there not too shabby as far
as that's concerned once again a
Shameless self-promotion there are
guides already up but if you want a very
simple guide to follow along to we have
that posted up on locals and Link will
be down in the description of course
this is locked behind the supporter pay
wall so you will need to support the
channel if you want to just be able to
highlight and pay copy paste it's just
the convenience thing that I have up
there for you guys and it helps support
my channel as far as all of that is
concerned so there's Pyon that's why it
is blowing up maybe in your crypto
Twitter feeds right now I think a lot of
people are expecting High adoption rates
similar to Carlson uh that would mean
that we would have a pretty decent price
uh projection remember the price that I
projected for Carlson was right around
$15 cents on release and then seeing it
come back down closer to Casper or even
under as you can see a lot of sell
pressure on it the difference here with
Pyon of course is going to be their
block rewards if we take a look at their
statistics here real quick just so you
guys are aware if it will reload maybe
it won't there we go uh what you can see
is I believe they had it up here maybe
it isn't here they had it here um but
but the block reward is only 17 piran so
that is opposed to Carlson which was 50
so we're cutting that block reward even
further down on the initial block reward
for this particular coin what is that
mean for initial coin listings well if
we compare it to something like Carlson
and we presume the same adoption rate
and that kind of hype that got pushed
behind it an initial release could
easily double that of what we saw on
Carlson which means we could see
somewhere around 30 cents I do not know
for sure that is not Financial advice
and this is a speculative mine but that
is kind of where we would expect it to
hit and then come back down maybe closer
to the current price of C but not the
current price of Carlson due to the
limited Supply remember this is always a
supply and demand game if you are mining
just keep that in mind and go ahead and
plan accordingly once again just because
I make videos about these coins these
networks just because I make how-tos
does not think make mean that I think
that they're great or the next big thing
or anything like that it's just so you
have the actual resources to make your
own decisions do your own research Etc
but if you want to know how to do things
on new networks that nobody's talked
about yet check out son of a tech on
YouTube don't forget to check out locals
at son ofate tech. locals.com to get
access even earlier and check out my
Crypt mining ecourse at sonof ach.com
all self-promoted sponsorships there so
I can avoid any ties to sponsors that
may sway my opinion or the type of
content I create so I appreciate each
and every one of you for supporting me
also if you mind through the bar Market
check out shop.on ofch
the latest t-shirt is now out it says I
mine with the Bears and it has an angry
bear with a pickaxe on it I think it
looks pretty slick I'll see you next
Tuesday
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