I was just looking at the latest (current) retarget changes on github and I believe I found the issue with the retarget.

Firstly, there's

static const int64 nMaxAdjustDownV5 = 16; // 16% adjustment down
static const int64 nMaxAdjustUpV5 = 12; // 12% adjustment up

which means the diff can change as much as 16% down and 12% up which would be fine (I guess) but one problem is that this 16%/12% retarget happens every single block and it's always the maximum amount of change as far as I can see, not small changes.

Second problem is that once it overshots the difficulty and the blockchain stalls for like half a day and then finally a block is found, the difficulty won't decrease right away.

If I had to guess it's caused by this:

static const int64 nAveragingInterval5 = 240; // 240 blocks, 4 hours

which I'd guess means the difficulty average is based on the last 240 blocks meaning a bunch of super high (or super low) difficulty blocks has to be mined before the difficulty retarget starts adjusting - and when it does it overcompensates.

I might be completely wrong but I believe if the difficulty retarget wouldn't happen every single block, but maybe every 10 blocks or so then everything should be fine. Thoughts?

Total Supply today: 70,500,000 LEO (rounded)
Coins mined per year: 10,512,000 LEO

If every coins were staking that would mean 10,575,500 coins per year.
Sure, there will be fewer coins staking (~80-90%) but in two or three years staking will generate more coins than mining because more coins will be staking each year because staking rewards include the coins previously generated by staking.


Also, staking is useless for this coin and it's used solely as a tool trying to desperately get people who don't know any better to invest.
Staking doesn't require anything, it's easy, you just have to own some coins and that's it so of course people like the idea.
But they fail to see that everyone staking will earn coins more or less the same rate so basically everyone will have 15% more coins per year on average.
But if everyone has more, then nobody really has a bigger slice of the cake. Those more coins only worth more if there's demand for it and why would there be?

And seriously, 15% a year in crypto is nothing. Absolutely nothing compared to how quicky crypto changes. Just look at today's price of Leo:



It dropped 20% in a day and you want to lock your money away and hold this for one year? Not that I expect many people who are eager to invest into Leo to do any math but come on.

You're better off buying scratchers.


Well, they say and said a lot of stupid crap and you have to be a special kind of idiot to give them money again. Besides it's 2016, IPOs won't be considered big events anymore (not that they were ever considered huge events).

Anyone who want to invest into Leo should ask themselves the question what this coin offers? What makes it better than any other coin?
If you know anything about crypto and not just a shill (there are quite a few in here, probably some are also sockpuppet accounts) the answer will be nothing, it's a hollow coin with 99% bullshit marketing preying on people who don't know any better and that's it. This coin was doomed from the beginning because of the massive (50 million) premine. I mean that chunk of coins owned by one or two persons is practically centralization which goes pretty much against everything that's crypto.

The whole new replacement coin will probably also have a massive premine so they can eventually dump all of that once again.

Hosting providers tend to kick you off the trial if you use a lot of CPU/GPU over a period of time.

Yes, thank you.

Lucky bastard... 

You can pretty much mine with anything at those prices.

Can I get an active node list or getpeerinfo please?

Look at the block number, those are future blocks.

Heh, not my intention but if it works that way that can be exploited to ban masternodes along with pools/block explorers/etc if they also happen to run a local masternode.

Theoritical question: if I know the IP address of a masternode that is not mine and start my own masternode with his address as my masternodeaddr, does it mean I can ban both him and myself?

It's a malware and I'm sure it's illegal and easily detectable. This is exactly why some legit sg/ccminer binaries are considered a virus by some scanners.

Running in the background is a feature that is in almost every miner by default (-b).

My wallet stopped syncing. Can't even do a fresh resync because it keeps crashing.

Hey, there's a typoo in the first link.

With 1 Mh/s (i7 5820k) it's going to take you ~137 days (with yesterday's diff) to solomine a block or poolmine one block worth of coins so it's a completely pointless excercise.

But with poolmining at least you're sloooowly gathering coins instead of having to deal with massive variance. I always solomine coins unless it takes over 12 hours on average to find a block. Then I join a pool instead.

That sounds like a terrible ticker. Rabies.

A 290 or whatever GPU will still be valuable for gamers in a few years. In contrast, nobody ever buys inefficient ASICs because they are a waste of both money and electricity.

Decred is the crypto equivalent of Steam's bullshit early access.

It has been in development for a long time but it was released without a GUI wallet or even without stratum support ffs (in 2016) as if its release couldn't wait another few weeks or months.
DCR therefore will always preserve its stench of being a non-user friendly dev coin which is a huge handicap for any even remotely new coin.

It's completely offtopic, but whatever. I'm liking your drunken peace and love thing going on but I'm having a hard time sympathising with Syrian refugees considering the vast majority of them are completely incompatible with modern civilizations and they are pretty much ruining my country.

GPU rigs you can use for other purposes and can resell in a few years but ASICs will just become heavy door stops.

Commiting means you're submitting work or in other words actually mining but block 104101 implies you're not synced or on a fork or something. I don't know but what I do know is that we're almost at block 1 million.

But if you're CPU mining it doesn't matter because it's going to take you ~137 days to solomine one block (with 1 Mh/s = i7 5820K) with the current difficulty.

Not going to happen.