Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Frizz23 on May 07, 2013, 08:08:21 PM



Title: [TRC] Still not fixed?
Post by: Frizz23 on May 07, 2013, 08:08:21 PM
When I look at the difficulty for the last 60 minutes it's between 12589 and 157970.

I thought they had fixed the wild difficulty swings, no?





Title: Re: [TRC] Still not fixed?
Post by: twelph on May 07, 2013, 08:10:09 PM
I believe they had to change it back when the difficulty stayed too high after a bunch of miners got off and it was stuck for a while. It happened right when BTC-E added it to their site. Terracoins were stuck without confirmations for days.


Title: Re: [TRC] Still not fixed?
Post by: Walter Rothbard on May 07, 2013, 08:12:43 PM
It's not the difficulty swings that are the problem; it's the block frequency.  If you look, the last several blocks are coming out very frequently, indicating that suddenly there is a lot more hashing power in the network.  The difficulty swinging way up is the appropriate response.

When the hashing power leaves, and blocks become infrequent, the difficulty will swing way back down so that blocks don't take days.


Title: Re: [TRC] Still not fixed?
Post by: flound1129 on May 07, 2013, 08:17:09 PM
It's not the difficulty swings that are the problem; it's the block frequency.  If you look, the last several blocks are coming out very frequently, indicating that suddenly there is a lot more hashing power in the network.  The difficulty swinging way up is the appropriate response.

When the hashing power leaves, and blocks become infrequent, the difficulty will swing way back down so that blocks don't take days.

still broke, still useless, still dead?

Yes to all three.

This coin is going nowhere.


Title: Re: [TRC] Still not fixed?
Post by: Walter Rothbard on May 07, 2013, 08:25:55 PM
Timestamps are looking really bad:

121654   2013-05-07 19:49
121653   2013-05-07 19:31
121652   2013-05-07 19:25
121651   2013-05-07 19:25
121650   2013-05-07 19:20

121649   2013-05-07 19:07
121648   2013-05-07 19:07
121647   2013-05-07 19:05
121646   2013-05-07 19:05
121645   2013-05-07 19:03
121644   2013-05-07 19:03
121643   2013-05-07 19:02
121642   2013-05-07 19:14
121641   2013-05-07 18:59
121640   2013-05-07 18:59
121639   2013-05-07 18:56
121638   2013-05-07 18:56
121637   2013-05-07 18:55
121636   2013-05-07 18:52
121635   2013-05-07 18:51

Is somebody doing a bunch of off-network mining and then dumping it?


Title: Re: [TRC] Still not fixed?
Post by: flound1129 on May 07, 2013, 09:05:25 PM
Timestamps are looking really bad:

121654   2013-05-07 19:49
121653   2013-05-07 19:31
121652   2013-05-07 19:25
121651   2013-05-07 19:25
121650   2013-05-07 19:20

121649   2013-05-07 19:07
121648   2013-05-07 19:07
121647   2013-05-07 19:05
121646   2013-05-07 19:05
121645   2013-05-07 19:03
121644   2013-05-07 19:03
121643   2013-05-07 19:02
121642   2013-05-07 19:14
121641   2013-05-07 18:59
121640   2013-05-07 18:59
121639   2013-05-07 18:56
121638   2013-05-07 18:56
121637   2013-05-07 18:55
121636   2013-05-07 18:52
121635   2013-05-07 18:51

Is somebody doing a bunch of off-network mining and then dumping it?

More likely someone with a large hashrate is moving into and out of TRC whenever the difficulty drops.


Title: Re: [TRC] Still not fixed?
Post by: GSnak on May 07, 2013, 09:23:34 PM
Needs to be renamed YoYoCoin. ASICs and farms jump on and off it like a ... I'll skip that metaphor but it varies in profitability between 300% and 60% in a matter of minutes.


Title: Re: [TRC] Still not fixed?
Post by: mr_random on May 07, 2013, 09:32:40 PM
Goes to show how smart and ahead of his time Satoshi really was.