I believe DGC is actually more profitable at current difficulty and block reward. That said, it isn't on coinchoose yet so we're not getting much attention. This is a good thing !
shhhh lets keep it that way 21:06:43  203,200,894 23:07:21  301,475,301 not sure if its under the radar anymore. |
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Maybe your miners are fickle?  The network overall is gaining steadily. "networkhashps" : 287157637 its because wdc lost a lot of profitability recently. |
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Realy interesting to see: As the profitability of Worldcoin goes up on coinchoose, The Hashrate of my DigitalCoin pool is going down :-D
miners flow like water |
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Look at the genesis block of LiteCoin and FeatherCoin! You will see they are the same.  What does it implies? 1st FeatherCoin was mined 05/Oct/2011 What does it implies? difficulty growing slowlier in the first days and 6millions coins mined in first 2 days !!!!!!! What does it implies? FeatherCoin is a scam. And? The pump and dump already happened. WorldCoin is next. An example of a crypto that isnt pumped and dumped: BitBar. lol. still waiting to dump I guess |
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It brings as much new to the alt-scene than Feathercoin did. This time it's really lighting fast, lets see how that holds up.
yes so far it has been amazingly fast which is good for traders. it has provided a great arbitrage between the 2 exchange for me (bter and mcxnow). as a result is provides accessibility and liquidity that ftc and cnc did not. but that is about all I can think of. future coins can learn from wdc. again not the btc killer but certainly a good coin at this stage. |
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bter sucks。
we love MCXNOW
wow might start holding on to my WDC then. If its on 2 exchanges it will probably go to btc-e next |
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Approximately 1600 blocks left until difficulty 1 is reached.
Congratulations to the community for the successful launch and probably one of the first instances of fair early mining.
I'm impressed by the recent releases of these coins, namely Nibble, Worldcoin, and Digitalcoin. The question is, have you built a coin that has staying power. That means devs and the community needs to think beyond the exchange and focus on getting vendor and consumer adoption. Only then will these coin stop being pump and dumps and really climb in value. |
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as usual, few moments ago 64coins showed in the balance. Now it is gone.  WTF is happening, i had 35 coins confirmed and 5 minutes later only 10?? you must be new here  |
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you guys are forgetting that the market needs to be liquid at the exchange you are trading at. I've seen a few sub penny pump and dump scams. its not all about buying up the lion's share and just running it up. if you have no sustained buyers to sell into you will be left holding the bag. And since these coins increase in circulation you are just going to get wiped out due to inflation. Its a timebomb that is why all the pump and dumps happen early in these coins' lifecycles. People aren't even waiting for an exchange. They just sell into google docs and forum posts., lol.
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Worldcoin was broken by design from day one. I don't take any coin seriously that has 15 second block times (orphan city). I hope WDC never makes it to an exchange.
In most cases, 15 seconds is not even long enough for a block to propagate across the entire WDC network.
exactly and just editing a few variables in an existing coin software is not going to cut it. It needs to be rebuilt from the ground up. I have my own thoughts on how to handle the propagation issue you mentioned. I'm rewriting some of the bitcoin coin code, only taking what I think is useful but its a full redevelopment. I'm playing with my own distributed network. So far its promising. I'm not sure how it will scale and I have other issues that I need to iron out before it can be a functional tool. miner abandonment for one. |
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Miners are results oriented. They only react to what is profitable. The feathercoin community was not aggressive enough with establishing it as a currency. Games, pools and an exchange are not enough. It requires that the developers establish relationships with vendors to carry the currency.
If there are no vendors then there is no reason for the public to use the currency. When physical currencies are convenient and there already one possibly two established leaders in the digital world, what did feathercoin bring that was not already available. And I don't mean to miners so they can get rewarded. What did it bring to vendors to trade in it and the public to hold it as a unit of exchange.
All these digital currencies are have a very difficult path to establishment. BTC and LTC didn't pave a way for them they made it rockier. With so many miners out there looking to make a BTC/LTC they throw around a lot of hashing power. A new coin does not have a year ot two to build a community around it, it has a couple weeks.
So developers have to be smart, most of them know just enough to be dangerous and that is about it. They need to figure out that to get a (real) currency established now (post BTC/LTC) they need to weaken early (first year) mining rewards, provide fast confirmations, and put 90% of their time giving vendors and the public incentives to adopt the currency. Getting on the exchange is not a goal. Getting in Joe Q. Public's hands is THE goal.
If they don't they will all die like FTC. Worldcoin is already on that path as it has done nothing to establish itself.
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I think the price of each alt coin starts relatively high, then gradually decreases. Is each one developed to make money for the first batch of miners? Then long-term, there is a hope that one or more will be a success?
What is more sad is that I have been mining and I dont have shit to show for it. Tried BQC... went to the exchange... flop. Anything worth a shit all gets pillaged to the point where the dif gets too high too fast for my cards and returns become a fucken joke. I cant mine because the hash is low and with solo I get nothing but stales by the time my cards decide to kick out a share. Early farmers cash out leaving the rest to wonder what the fuck happened. Word of advice to the crypto community... this shit will never catch on if crap like this keeps going on. I started with 1 rig and 2 6870 graphic cards. I focused on LTC first. I was able to build up alot of it traded it for BTC and bought up other peoples GPUs. I was able to get a nice farm going. You are right these pennies are not for small frys. You will get wiped out by the big boys who pump and dump them. Best to stick with the more reputable exchange traded coins first and then work your way to the new coin that appear and disappear faster than your couple cards can mine them. Rather than complain about it why not learn the lay of the land. You'll reap rewards from it. |
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As the title says are they the same security wise? Is scrypt based off of sha256?
Thanks
Yes they are.. that is why they gave them the same names... don't let anyone tell you differently. WTF? |
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I might make this one just for the hell of it. Nyan Cat is the meaning of life. Maybe I'll hardcode the Nyan Cat song into the wallet.
Should I call it Nyan Cat Coin or Nyan Coin? (NCC or NC)
*EDIT: I just noticed it said NYC in the header. NYC or NCC?
What about NYA or NYN? Do they all have to end in C? |
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As the title says are they the same security wise? Is scrypt based off of sha256?
Thanks
yes scrypt uses SHA256 internally |
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