Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.
With multi pools stopped, DOGE value will raise.
how does it work?
@dogecoin any plans to implement this?
thats all I found:
Anti Flash Mining Infos from SexCoin Thread:
see these postings:
https://bitcointalk.org/index.php?topic=252896.msg4089402#msg4089402https://bitcointalk.org/index.php?topic=252896.msg4092979#msg4092979ask these guys for the code, they patched sexcoin against multipools
other more theoretical infos from stable coin thread
The new difficulty algorithm will keep the multipools from jacking the difficulty up and abandoning the coin. The benefits of this should be obvious to all involved.
You may be wondering why the block time was 'changed' to 60 seconds. Blocks were already being generated at this rate due to multipool influence. Since the coin has been launched, the multipools have been wreaking havoc on the difficulty, causing less blocks to be created each day than what was programmed in. If you check the block explorer, typically around 1400-1600 blocks are being created per day, this averages out to about 60 seconds. To avoid a sharp increase in the supply rate, the new rates have been created with this in mind.
Changing the block target time to 60 seconds keeps the generation rate in line with what it has been. The same amount of blocks will be generated each day. However, the key difference is that now the blocks will be going to dedicated StableCoin miners, and not to the multipools. This benefits the miners, of course, but also benefits the investors/speculators. When multipools mine, they instantly dump the coin at market price. Steady miners are less likely to do this.
These new settings will also decrease the amount of orphans/rejects experienced, as blocks will have additional buffer time to propagate the network. This is especially important as we move into more and more foreign markets.
So, all in all, we have the same amount of coins being generated, but with more of them going to the steady miners, and less being dumped on the exchanges. A win/win scenario for everyone - except the multipools, of course.
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