Please GTFO, Your scheme is too cheap and obvious, you just want to pump and dump as some did before you.

I'm sure that most people around here have noticed this, but just for the sake of those who don't understand, if this guy didn't have interesset in this coin and want to make easy and fast money out of it, then he woudn't be bothering to spam every single page of this thread after the fork.


As for the diff, I've been monitoring it this couple of days, and been switching pools and trying to understand what's the matter, I've done some simulations under matlab, I understand more or less, the jerky reaction of the network despite the new parameters, so here is my analysis :

1-Profitibility pools don't switch to the most profitable coin instantly, they keep mining coin, as long as it has a decent profitibality, and I think this allows this pools to mine for a certain amount of time

2-Despite the 1 Block diff change, the value that wasn't taken in consideration is the 10min target time, (this value cannot be changed is a core value of the coin) but I think the importance of this, is that unlike other coins with very quick block target time, our value gives the time to huge brandwidt to join in and keep mining, while the 12% limite was supposed to limite the inflantion both ways, the delayed reaction of profitability pool, cause them to join once the diff is really low and leave once it is considerably high and leaving the coin with block time in hours.

So tl,dr the new fork parameters doesn't work as perfectly because profitabilty pools don't just switch in the exact instant the coin becomes the most profitible and leave the instant it is the most profitable but keep mining for a while. This doesn't mean the fork failled, it is not the case, the situation is better than what it was a few days ago when were stuck with high diff for a long periode of time, it's just that it doesn't work perfectly and nothing is perfect.

What I suggest, is too keep the dev work on going and lets think about solutions to keep the coin healthy, I'm still thinking gravity well is a good solution, but we should study before hand if it possible to implement it, and how it can interact with our long block target time

Interessted, will be following closely

Troll? is this how you confront people by calling them names? I don't recall disrespecting you at any moment So you avoided answering every single point I mentioned and your miracle solution is creating a QR Code prototype lol!

Indeed as mentioned above it is final fantasy, I've read your paper and it is exactly like the same as your OP thread. Only dreams with no actual technical/material solutions, real parteners like medical, paramedical or pharmaceutical organisme/community/companies ....
So are you going to answer this point or are you going to derail, and trow at me some fantasy with no facts.

It's not like I'm against your coin and I keep repeating this, you have every right to make your altcoin and this right has to be respected as I stated before, but from there to attack me over my opinion and try to bullshit me to buy into your scheme and go passive agressive in each on your comment is another story

Yes I've said this a couple of times, on a next version (maybe adding some functionalities the wallet aswell, lets not rush thing tho, but at the same time let's not forget that developpement should not stop and we should not wait till the coin is in a bad shape, because between the concensus/developement/testing/informing/deploying is a long cycle. For now what worries is the 36 block average value as it is an average it effect won't show in short terms but in the long term, in short term it works out correctly, if profitability pools only hit when profitability is high, which is not the case right now, dispite the coin being far from profitable at this instance it's still being hammered with a huge hash rate

I know I know and it feel sad but nothing can be done about it

Well diff/profitability is leveling up, so all good, soond MEOW/CAT Clash in terms of profitability in just a few blocks that is

Euhmm I have like what 400-500Khs and been mining all the time sustaining the network

lol lol it's getting even worse (not really ) by the min as diff is still droping and price is rising, its going to the moon

Oh and I'm starting to get some cat pennies, at diff 108 took me severals hours/day or two to get them penies at my low hashrate, well I guess supporting the network all this time was not a waste of time (even my contribution was small)

Just a minor point, I'm not so sure about the new logo, "ç" is pronounced "s" in many languages such as my own which is french so that new logo can be read as "satsoin" http://en.wikipedia.org/wiki/%C3%87, just change the form a little bit to make a little different than C-Cedilla

Other than that, the information about the fork seems to have reached the important involved parties with the coins,now it's time for some hype to get the consumer involved again, fb/twitter/reddit, are all kicking ass, but some people that are not involved with social media and that resides here and on other crytocurrency forums need to be informed, I've already spread the word on other forums such as cryptocointalk : https://cryptocointalk.com/topic/4019-ann-catcoin-fork-incoming-at-block-21346-scrypt-meow/?p=35650

I suggest everyone to not transfer into or from exchanges as they require a long confirmation time (till they officially annouce that they've updated their wallets and everything is fine tuned, I also suggest people to cash out their coins from pools just in case something goes wrong and most importantly if you didn't do it yet, backup your wallet.dat.

lol ? it's written all over the place, you can't miss it seriously hint: ([NOW ON 4 EXCHANGES!])

This giveaway is still on going get your free cats before the fork

Increasing memory size, doesn't render ASICs useless, but more expensive (as ram is expensive) a Variable memory factor would even render the use of ASICs more difficult, but again, ASICs are not coming any time soon, the problem is as long as the altcoin market is not as incentivised to justify the R&D, Conceptualisation, Industrialisation, Fabrication, Assembly.... it will not happen the risk involeved is too big, right now the best ASICs attempts would be coming from small engineering companies/groups (that does only the engineering or outsources to some cheap Indian/Chinese company) and the industrialisation and fabrication is made in China/Taiwan (chips fabs ect), heck even the bitcoin asics companies does this as the real big guys aren't in the game yet

So it's a Scrypt Algo based coin as I mentioned, so to this point I didn't miss anything


What does this mean? why aren't you able to explain? lets put it In simple words, I mine Curas or/and acquire them, so what what Am I supposed to do with them? exchange them for medicine? is that what are you saying?, do you have or are there any medicine business directories on the works that will use cura? or is it just an ethopic dream or just a plot to get people interessted?

What are you talking about again? putting down Scrypt? stick to the point and don't derail please, I asked you a question and you failled to answer me, you are just writting some random girbish and trying to sell it at something different. Your coin is just another scrypt coin clone nothing new, nothing innovative. Again if I missed something, please explane to me and others how your coin is different from the lots as you are claiming it is don't bullshit me with cura this patient that, medicament this, what are the technical stuff you are bringing to the table.

Again for the Third time, I have nothing against your coin or scrypt coins in general, just that don't try to force your girbish text on me saying it's innovative and different and what's not, while it is just another scrypt coin (if is it not and I missed something feel free to point it for the 4th I invite you to do.)


What previous explanation? I asked to explain in my previous comment and you posted this reply with not a single explanation, so for the fifth feel free to explain.

It's still scrypt based, if it was scrypt-jane it would have been more resistant,The whole ASIC resistance argument doesn't really matter, unless scrypt market doesn't reach a certain market cap, it will be safe on it own as no company on the industrial level would consider investing R&D, Industrialisation, fab.... on scrypt coins.


lol? what is this even supposed to mean? so you'll have an exchange since day one? please explaine


And just to make things, clear, I'm not against your coin just expressed my amazement to the whole story line for yet another scrypt coin (you have every right to creat one, and you won't be the first or the last) and Like I said I'll be following this.

Scam coin.

-Bad specs (24h diff retarget will destroy the coin as you'll have 1 day of mining and one day off mining)
-300k premine that like what 6k blocks which will results in what ? a week or more of the whole network mining and the coins split on the whooooole network
-1.2mill insta mined coins? really?
I was looking forward to this, but it's was ruined pretty badly

I was reading the OP and smiling waiting to reach the spec of the coin and at the end as I expected it's another scrypt clone coin lol!, (it's not a bad thing, just find it funny) I was expecting a POS + POW model at least when I was reading the patient <-> providers thingy, but nah no innovation lol!

But for the narrative I'll be following this coin

just a reminder

wqfX7j7i4TTarsQF7gbAZ4FtkQEorhd2bS

thanks

The price didn't crash because there is a real community and people that believes on the coin (I'm not a big holder not even close, but I believe in this coin and I've been supporting catcoin since day one and still doing so more than ever and I'm sure I'm not the only one as you can see from previous replies). the dumpers moved along, and now only faithfull owners left.

Transfering in and out of of exchanges is still possible, but it is pretty slow right now! althought after the next 10 blocks I don't recomment any transfer, as the fork is imminent


Gravity well, this solutions has been mentioned a couple of times, the code is available, proven to work perfectly on othercoins, and I didn't see a single argument against it. But again according to the conversations on #catcoin-dev it seems that we are beyond developpement phase, and we are at the final tests and tweaks before the fork, so for now I don't think it's a good idea to backtrack, but what I want to suggest is once the fork is implemented, the developpment on a final more polished version should be started, including a solutions like that, and fixing any possible errors/issues that might occure in this fork.

Also I have another question that I didn't see mentioned anywhere to this point, which is in regard of insta/pre mining (I think the high diff would prevent the insta mining tho), do you guys have put in place some measure to prevent this ? (I'm following the dev channel and didn't see anything on this regard, maybe I missed it).

You've just resumed what's wrong with every trashcoin out there, just instamine when the coin is released and diff low, once diff is high point your hash somewhere else and wait for the coin to be listed on an exchange then dump and move on !

Foxcoin as any other coin has the number of coins decreased overtime, but in the meantime it has a dynamic diff retarget (gravity well), which means once the so called instaminers big fish leaves the coin to move to another coin and keep their dumping strategy on the work, the coin is not left for dead with a high diff, of course the diff will get lower overtime if hashrate drops significally which is the case right now, so the coin remains always appealing to mine.

This is what happened to Doge at some point hence the several new version, and catcoin right now.

just point some hashs on the coin and the diff will sky rocket again although the hash rate should be maintained (right now there is a decent hashrate (people that will stay and not the dumpers))