Quoted to prevent edit

It is not even clear why so much RAM would be needed. Is the blockchain stored in RAM? Isn't it supposed to be small anyway?

I would be surprised if this coin could not fit easily in 2 GB of RAM (standard limit on 32 bit Windows). Presently I see memory usage of under 100 MB (on Linux).

 

That's another issue. If you think this is a pump and dump coin, then your argument is what exactly? You didn't get your fair share of the pump and dump? Seriously?

It declines a little bit every single block, falling by half in approximately 2 years 18 months.

I have done deals like this where if the collateral goes up significantly in value relative to the loan I send some of the collateral back. This BTW has nothing to do with USD value. In your example it would be LTC/BTC value that matters.

There may be, but you will need to be more specific.

The above description said that you can keep trying hashes until you get ones that are in some way similar to some target, but that only goes so far. It is infeasible for example to ever create an entire hash that exactly matches a target.

It's orphans. Orphans happen when two miners solve a block at approximately the same time (one one can survive). Assume any blocks that are solved within 5 seconds of each other could possibly cause an orphan. If blocks are normally one minute, blocks within 5 seconds is a 1/12 event (8% orphans). If blocks are 10 minutes, this is a 1/120 event (<1% orphans). These are close to the numbers seen on actual coins.

I certainly agree with this part. More than incidental discussion of any other coin is off topic for this thread.

The fundamental reason large traders want to find each other and trade blocks (in every market) is to avoid front running (perhaps this is what you mean by manipulation).

Let's say you want to buy 50k XMR so you start buying on an exchange, but with the liquidity there you can only buy a few thousand per day without moving the price much. Other people start seeing there is a big buyer in the market and bid the price up ahead of you. Now it costs you more to complete the trade. The same thing happens to the seller, especially if he isn't selling at the same time you are buying (and since you don't really know about each other, how would you communicate?). Let's say you buy this week and he sells next week -- in that case you will both get worse executions.

There is also the fact that trying to buy 50K on an exchange without absurd slippage might be a lot of work. If you can find a counterparty directly and just do the deal, that might be easier.

Every transaction has both a buyer and a seller. It is not clear which direction taking both off an exchange influences the price. It is likely situation dependent, but I suspect often neither.

Network effects are extremely large and critical for privacy technologies.

Take even zerocash as an extreme, which theoretically leaks no information about who is holding coins or spending coins. If you are the only one using it (ignoring that one person using a coin is impossible), you have zero privacy. Every transaction is obviously yours. There are more realistic examples though. If it can be determined through external sources that you are the only one transacting with some counterparty using zerocash (for example you are the only one to whom he sent his address), then the fact that he received zerocash proves that you sent it.

Regardless of the details of technology you still need a haystack to hide the needle, and the larger the better.

i'd even go beyond that. Even if you switch every day or two your variance on one particular coin doesn't really matter. If you get unlucky on one coin, the next day you might get lucky on another. Keep going and you will have a mix of good days and bad days.

I think your 50 blocks in the period you will be mining suggestion is a good one, but it doesn't need to be on each individual coin, just overall.

As long as you are getting (pieces of) blocks consistently you should be fine.

Also consider how much the variance even matters to you. Miners can go a bit overboard on optimizing things. If you are making a few dollars worth of coins per day does it really matter whether you make a dollar or two less on one day and a dollar or two more on another day?

I don't know anyone's financial situation, so it may be for some this does matter. I'm just suggesting to consider it realistically because too much optimizing of variance leads to everyone joining the largest pools and harms the network, as RentaMouse said. If you realistically don't have a reason to care please do what helps the network instead of hurting it.

This seems like a non starter given that one could sell 40,000 at 0.004 on Poloniex right now. I only mention this because the first post describes the purpose of the thread as being trades that can't be easily executed on an exchange. I don't see that here.

I don't deny it is a problem I just don't see a good solution. All of the ideas that have been proposed seem like they might do more harm than good, or perhaps do nothing despite large investment to implement and deploy.

It may require a Satoshi-level breakthrough.

You don't understand the point about 10 years before the first halving of reward.

It is quite impossible for anyone to have "massive quantity" at this point because the emission rate is so extremely slow.

The total supply is 1.8 billion coins, of which about 1 million (i.e. 0.06%) have been mined. Even if someone got 100% of the coins mined so far (this did not happen) he would only have 0.06% of the total supply.

Please compare this to DRK and report back.

Reserved

New thread for discussing and/or arranging large off-exchange trades: https://bitcointalk.org/index.php?topic=716331.0

New thread for discussing and/or arranging large off-exchange trades: https://bitcointalk.org/index.php?topic=716331.0

New thread for discussing and/or arranging large off-exchange trades: https://bitcointalk.org/index.php?topic=716331.0