WTF is Pyrin?! PYI

Son of a Tech
13 Dec 202310:40

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

00:00

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.

05:02

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.

10:04

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

play00:00

what's up Sons it's blind rod with son

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ofch once again and today we're going to

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talk about WTF is Pyon and a quick guide

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at the end to get up and running mining

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it let's go ahead and hop right into

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[Music]

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it welcome back everyone so Pyon is the

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latest Caspa Fork that has hit the

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interwebs and the blockchain space it is

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pretty much as similar to Carlson as you

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could expect seeing that all it has done

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so far is taken the Caspa blockchain

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gone ahead and forked it and then went

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ahead and changed the mining algorithm

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from Shaw 256 or Shaw in general to the

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Blake 3 algorithm now there's a lot of

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reasons for this now Blake 3 has been

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implemented across the board in lots of

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different hashing algorithms here

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recently of of course we saw that

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implemented into ethereum now known as

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hypra and basically replacing the shaw

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with the Blake 3 in the ET mining

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algorithm and then we've seen it very

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popular in other coins as well including

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radiant as well as athum and so on so

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this has been something that's been

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getting implemented across the proof of

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work space for quite some time now and

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is starting to hit the khey has

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algorithm the problem here is that

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doesn't necessarily make it Asic

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resistant as was promoted by Carlson

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while initial releases will be Asic

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resistant because ASX haven't been

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developed for the Blake 3 portion of

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this algorithm or this hashing algorithm

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eventually it is possible because this

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hashing algorithm does still focus on

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core Centric processing as opposed to

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utilizing any sort of memory or memory

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hardening within the algorithm to

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prevent as6 from hopping onto the

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network so I would presume that we would

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see fpgas and eventually Asic on either

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one of or all of these networks

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depending on how successful they are in

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the future of course I believe Carlson

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will be aiming to change that algorithm

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to remain Asic resistant pyron's a

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little bit different if you take a look

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at their notes there is no indication

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that they plan on moving off of this

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algorithm whatsoever and it does mean

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that if successful we will eventually

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see fpga and as6 on this particular coin

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now what you can see is they do Tout The

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Blake 3 cryptographic hash and that is

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due to uh a plethora of reasons

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obviously it's being used across the

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board now because it is considered

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Superior to Shaw 256 and that is due to

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it being a singular algorithm with a

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simplified API accommodating King and

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extendable output puts of course once

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you get into this a little bit more it

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goes over ghag which was introduced by

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Caspa obviously the most revolutionary

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thing that has happened in the block

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space over the bare Market was that

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introduction by Caspa of ghost stag it's

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getting applied here and then of course

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they talk about all the other key points

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right fast transactions BD centralized

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be scalable be secure blah blah blah uh

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to be honest if I look at this all I see

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is a lot of promotional materials that

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is akin to everything else nothing

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unique here with pirate the thing is is

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a lot of people have already started

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supporting this network and if we look

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at previous Caspa forks and their

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performance such as Carlson we could say

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a speculative mine would be advantageous

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to some GPU miners because in the early

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days we'll have higher block rewards

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less competition from other mining

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hardware and so on so that is really why

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getting behind this I go ahead and bring

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it to your attention I am speculative

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mining it but once again just like I did

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with Carlson a pretty conservative

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speculative mine the rest of my farm now

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that it can be profitable is on the most

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profitable coin that I can find and I

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talk about that all that on my locals at

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son of a tech. locals.com so let's go

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ahead and give you guys a couple more

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promotional materials you can check out

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their medium blog post here if you want

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to read about what they're promoting

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about their particular blog chain uh you

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can also of course hit up their Twitter

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or X account I guess now and their

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Discord Telegram and the Bitcoin talk it

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has not been launched for that long but

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already just like Carlson we are

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starting to see pools support it

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including E4 pool here as well as B mine

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LOL Miner now supports it as well you

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can and build a node which I have a node

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and wallet guide over on locals if you

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want to spin up a wallet go check that

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out link will be down in the description

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and you do have now stratums available

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for solo mining on their Discord I'll be

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working on a guide for that as well that

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I'll be putting up on locals that being

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said if you want to hop into mining it

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it's pretty simple other than going

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through the node guide now the this

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particular node guide that I set up goes

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along the Linux side of things but if

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you followed my guide on the window side

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for Carlson basically you just replace

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the Carlson D with the

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pyi and then you can basically go

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through that same guide and spin it up

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as far as mining is concerned it's

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extremely simple if we pop into one of

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these and create a new flight sheet

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we'll actually just go over ahead and go

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over here to flight sheet and we can now

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just type in pyi or p yr and there's the

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Pyon Network already available and then

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you can see here that we do need to

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configure the pool I believe if you do

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pyi right now actually and there's

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probably an update going on select the

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node you can see here yep yep so it's

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pyi all capital letters for the token

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name you'll put in your wallet address

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which you can generate via the node and

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then you can just select the pool right

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out of here or you can you know insert

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your custom pool if you so wish such as

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E4 pool and then you can go here select

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LOL minor and then Bing Bang Boom you

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just go ahead and click the create sheet

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you can go back to one of your rigs

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click on that rig hit the flight sheet

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go on over to the new one and click the

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flight out and it will begin to mine in

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some cases if you are still getting

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stuck on an old LOL Miner you may need

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to go into here click the little upgrade

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or downgrade button upgrade it and then

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move on from there not too shabby as far

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as that's concerned once again a

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Shameless self-promotion there are

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guides already up but if you want a very

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simple guide to follow along to we have

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that posted up on locals and Link will

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be down in the description of course

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this is locked behind the supporter pay

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wall so you will need to support the

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channel if you want to just be able to

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highlight and pay copy paste it's just

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the convenience thing that I have up

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there for you guys and it helps support

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my channel as far as all of that is

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concerned so there's Pyon that's why it

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is blowing up maybe in your crypto

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Twitter feeds right now I think a lot of

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people are expecting High adoption rates

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similar to Carlson uh that would mean

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that we would have a pretty decent price

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uh projection remember the price that I

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projected for Carlson was right around

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$15 cents on release and then seeing it

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come back down closer to Casper or even

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under as you can see a lot of sell

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pressure on it the difference here with

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Pyon of course is going to be their

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block rewards if we take a look at their

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statistics here real quick just so you

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guys are aware if it will reload maybe

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it won't there we go uh what you can see

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is I believe they had it up here maybe

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it isn't here they had it here um but

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but the block reward is only 17 piran so

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that is opposed to Carlson which was 50

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so we're cutting that block reward even

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further down on the initial block reward

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for this particular coin what is that

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mean for initial coin listings well if

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we compare it to something like Carlson

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and we presume the same adoption rate

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and that kind of hype that got pushed

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behind it an initial release could

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easily double that of what we saw on

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Carlson which means we could see

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somewhere around 30 cents I do not know

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for sure that is not Financial advice

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and this is a speculative mine but that

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is kind of where we would expect it to

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hit and then come back down maybe closer

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to the current price of C but not the

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current price of Carlson due to the

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limited Supply remember this is always a

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supply and demand game if you are mining

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just keep that in mind and go ahead and

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plan accordingly once again just because

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I make videos about these coins these

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networks just because I make how-tos

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does not think make mean that I think

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that they're great or the next big thing

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or anything like that it's just so you

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have the actual resources to make your

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own decisions do your own research Etc

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but if you want to know how to do things

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on new networks that nobody's talked

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about yet check out son of a tech on

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YouTube don't forget to check out locals

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at son ofate tech. locals.com to get

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access even earlier and check out my

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Crypt mining ecourse at sonof ach.com

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all self-promoted sponsorships there so

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I can avoid any ties to sponsors that

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may sway my opinion or the type of

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content I create so I appreciate each

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and every one of you for supporting me

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also if you mind through the bar Market

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check out shop.on ofch

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the latest t-shirt is now out it says I

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mine with the Bears and it has an angry

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bear with a pickaxe on it I think it

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looks pretty slick I'll see you next

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Tuesday