25 lines
2.7 KiB
Markdown
25 lines
2.7 KiB
Markdown
# Reddit post, 6 October 2026
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Saved on the project lead's word (16:4x UTC). For r/CryptoCurrency or r/gpumining, posted by the project lead only, after 0.3.14 restores proving and the fleet numbers land. Finalised against the pages deployed at 16:12 UTC (master e763604); sources per number in docs/review/round-4-reddit-2026-10-06.md section 5.
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**Igneum: a GPU-mined L1 where the miners are the provers. Devnet live. One person, no premine, every criticism logged.**
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I mined through the GPU years. The Merge in September 2022 ended that income and the miners' place in Ethereum. I am building the coin I wanted to exist: GPU-mined, the miners prove the blocks, no founder allocation. One person, AI systems doing the engineering.
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What runs today (devnet since 3 October 2026):
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- A random mining program every hour, compiled on the card. Swaps measured on Apple, NVIDIA and AMD, 0 rejected blocks (bench log, 4 Oct).
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- Memory-hard: 128 dependent random reads per hash. An RTX 5090 does 136 MH/s at 17.5 G reads a second, 82% of its memory's random-read ceiling, integer units at 0.15%. Computing items instead of loading them runs 4.8x slower (M5 Max, 3 Oct).
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- GHOSTDAG ordering forked from rusty-kaspa, about 1 block a second.
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- EVM execution, native on every node.
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- Shards proven with SP1 on miners' cards and paid from the block: 388 shards, 446.13 IGN on 5 Oct. A 3060 mines and proves at an 8.9 GB peak (rented cards, 6 Oct).
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- Finality by miner weight: 30 days of blocks per key, locks at two thirds, no stake, no slashing. No lock in the first 30 days of mainnet.
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Run the vectors yourself: `git clone https://github.com/igneum-network/spec && cd spec/igneum-pow && cargo test --release` (96 vectors per pack; three GPU vendors, one fingerprint over 16.7 million nonces). The hash-rate reproduction package follows on igneum.network/evidence; your card's result file gets a row.
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Costs: the miner software takes 1% (1 block in 100, off with `--dev-fee 0`). The protocol takes nothing. No cryptographer is hired yet; the review brief is USD 80,000 to 160,000, unfunded. The installer is unsigned. The chip model is published: the strongest chip in it reaches 5x to 9x per joule against a 5090 before the lever we are gating, about 2x after, sources on the page.
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Every criticism we expect is at igneum.network/ledger: 167 entries, 53 conceded, 7 open, dated. A new one goes in with your name. "Don't ASICs make a chain safer?" is answered with numbers at igneum.network/litepaper#don-t-asics-make-a-chain-safer.
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We want help: cryptographers, node engineers, miners who will test. Pick an open row on the ledger and write to hello@igneum.network.
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Litepaper: igneum.network/litepaper. Live: igneum.network/live. Nothing is for sale.
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