is ECC equipped with Kimoto Gravity Well / KGW?
In almost every thread some people ask this question... do people understand what KGW means and what it does?
KGW was created to handle diff retarget every N blocks, where N>1. Multi-pools jump on and off the mining causing diff to oscillate, and they mine only at diff low period. So diff retargets each block will avoid the problem. Also the diff retarget algo should approach the targeted value in an exponential way, otherwise it could cause forced oscillations. The ECC uses the algo of diff retarget from Peercoin, which is the first to design such algorithm. Clearly Kimmo or whoever re-invented the same thing with a more computing-expensive formula which uses exponents directly (Peercoin uses same type formula, except it simplified formula with polynomial stype functions). Peercoin formula is faster than exponential explicit formula.
So guys, before you understand what KGW means, don't post again this stupid question.