Federal Reserve of Baritus and his cronies....
What is your deal? Quit making yourself look stupid mate. I know many of you own DGC and my sentiment won't be all that popular. So just answer this question, smarty. And if I'm wrong, then I'm wrong. But is changing the subsidy and coin supply motivated primarily because people are unsatisfied with DGC's price action? |
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Are you the dev of DGC or are you its price manipulator? I could have swore in a past post you said you're not THE dev but rather a volunteer. And now you want to change DGC into the biggest premined coin in all history of premined coins. Congrats, you have turned what's supposed to be a decentralized system into a centralized one.
By the way, how's that mining contract of yours coming along? You still mining other coins instead of DGC?
Respectfully, the fact you would even consider this shows how clueless you are...
-Merc
I would wonder how it could be turn to centralized system? Not to mention other nonsenses you are writing about. Where do you guys get all those sh*ts? Do you have some kind of random stupid sentence generator or somethink like that? Federal Reserve of Baritus and his cronies.... |
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@mercSuey I am the developer, a community member, and one of the service providers. DGC will always be decentralized since anyone can do anything they want using it. DGC was not pre-mined, your ignorance is astounding. Here's a lesson for you: http://cryptometer.org/digitalcoin_96_hour_charts.htmlAnd of course I mined other coins before DGC was released, how is that even a comment? You are clueless and fermented in your ignorance and misinformation. You judge based on facts which don't exist, and believe your delusion is fact. Get educated before trying to educate others. Did you or did you not market mining contracts during DGC release? I can post the link for you in case you forgot. As mentioned in the post by disclaimer201, this can be seen as a premine. I very clearly did not say DGC is a premined coin. I very clearly said now you want to turn it into a premined coin. If you can't read, then, well... -Merc |
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I'm just gauging community opinion with the poll, you can be assured no decisions are ever made in this community without input from all members. I definitely see both sides of the argument and I am currently siding with keeping it as is or a slight decrease (10-20%).
Nevertheless, polls are one of the few ways of gathering information so don't be surprised to see them coming up. It doesn't mean anything but an opinion gauge.
Good discussion, if anyone has anything else to add, please do.
Are you the dev of DGC or are you its price manipulator? I could have swore in a past post you said you're not THE dev but rather a volunteer. And now you want to change DGC into the biggest premined coin in all history of premined coins. Congrats, you have turned what's supposed to be a decentralized system into a centralized one. By the way, how's that mining contract of yours coming along? You still mining other coins instead of DGC? Respectfully, the fact you would even consider this shows how clueless you are... -Merc |
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What if coins changed diff after each block, enough that a giant incoming multipool would be discouraged almost immediately?
CAP does retarget diff at each block (or two). |
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so whats next for the coin?
First step is securing the blockchain, especially until PoS blocks kick in. If the primary goal for CGB is to be a investment vehicle for multiplying the value appreciation of BTC, blockchain security is of utmost importance. I'm developing a Android wallet as well as a gaming site that will accept only BTC, LTC, CGB, and CAP. And we're going to heavily market CGB as a high-roller cryptocurrency. Exclusivity because of its rarity, yet practical because of its block time for quick transaction confirmations and liquidity due to its one million coin cap. -Merc |
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So how is this thing working out for yall? I remember about a week ago something about a timer hitting zero and a lot of excitement about getting your coins before that or it would be to late to make a lot of money?
Did i miss out on something?
No, you didn't miss out on anything  We didn't do a good job at the launch, the open source timer didn't work correctly and in addition the launch of the UNOCS bridge was postponed. The developers are still working on it very hard. Monday some extra security measures will be installed at the hoster. After that it's penetration testing and making sure everything works fine. It won't be released before everyone gives "green light", so please don't hold your breath! If you like, take a look at our forum too. http://forum.phenixcoin.comThe next release will be without the timers and ETA's, we'll just deliver and announce it then.Atta boy. Live and learn. |
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Multipool should have more than one port, each port corresponding to physically separate servers, partitioning their hashing power so that each port can be allowed a maximum of 40% of the minimum network hashrate of the coins on the multipool port.
-Merc
EDIT: this increases their costs, but they need to be more responsible because overall this is hurting altcoin infrastructure and integrity, especially with so many young coins.
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How does something like this happen? 1 minute block time isn't long enough?
This is an issue because a pool had 90% of the network hashrate. It is not an issue with the coin itself. This is why a pool should not be allowed to have more than 50% of network hashrate. Vern will be awake soon and it will be fixed. What is the pool supposed to do if people flock to it? Arbitrarily look at network hash vs pool hash and kick out people until the hash rate is low enough? If this pool ended up with 90% of the network, it'd have to dump 8/9's of it's hash to be under 50%!!(Don't try to say 45%, cause the kicked ones would not immediately reconnect to a different pool, so that would not work) Also, who do they kick? The biggest? The smallest? It's not supposed to even reach that point. Historically, a pool op is supposed to close registration to new miners when the pool's hashrate has reached 40% of network hashrate. This wasn't done at Vern's pool, and it's not being done when these young coins have only one pool because there's a feeling there is no other choice, so might as well just leave registration open. |
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Mullick can't login right now, but asked this node be posted here:
199.180.115.100
so everyone add this node to your config file: addnode=199.180.115.100 |
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Have you used your own trader? How about some results?
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How does something like this happen? 1 minute block time isn't long enough?
This is an issue because a pool had 90% of the network hashrate. It is not an issue with the coin itself. This is why a pool should not be allowed to have more than 50% of network hashrate. Vern will be awake soon and it will be fixed. |
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Yes I emailed you and told you it's all set
I will throw some hashrate your way soon. |
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And what about multipool.in?
No, it is showing block count and difficulty same as BigVern's pool, thus they are forked as well. Notify flound. |
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Don't forget to get in the lotto drawing tomorrow, also my pool could use a little more hash Cgb.coinworld.us Merc come back  Did you implement a script for the block stats to update properly? |
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CGB is definately the best coin launched in awhile. I'm buying Thanks! We're working hard to secure the blockchain and to provide a true investment class cryptocurrency. Android wallet as well as web ecosystem projects are in development. Stay tuned. -Merc |
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so coinchoose wrong now too ?
hmm, it was right about a couple hours ago but now I see the difficulty on coinchoose is not in agreement with Erun and SW pool difficulty. |
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Yes, I vouch for feeleep's pools. He's a very good pool op. Thanks feeleep.
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Price on Cryptsy has gone down.  price is up over 200% in the past 48 hours...patience |
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