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Not that I would be excited to see a few hundred more CATs get snatched and dumped into exchanges, and I honestly don't understand enough about the software to know the answer to this (which is why I'm asking), but is it wise to to set the fork so close to the difficulty change? I wondered if it would be better to do the fork in the middle of one of these excessive lulls rather than just before or during the super fast block solves that'll happen once the difficulty drops.
Tim
After the fork, the difficulty will drop after every block, at most at 12% per block (instead of the current 400%drop), based on the previous 36 block times, meaning there will be no instant drop into the 20 or teen difficulties. Once the fork is live, there will not be any more super fast block times unless a LOT of hash hits the network... and even then only for a few minutes. I may not understand the concept of the fork correctly, but is it that there is a way for some people to maintain a blockchain that is still headed for the difficulty drop? If so, there would be a lot of incentive for the people doing this strip mining annoyingness to try and do just that because they can get a bunch of coins on that blockchain. I'm seriously not trying to generate concern, I'm assuming there's a clear answer and I figure the community would actually benefit from having it explained. Tim I think I actually understand where you're going with this. Basically, you're concerned that some douche bag could maintain the old code and reap a shit ton of coins. It's a valid concern, but fortunately as long as all the exchanges update and the pools update those coins would be completely worthless. But I am glad you raised the issue. Thanks! That's exactly what my concern was, and I thought that might be the reason why it wasn't an issue but I wasn't sure. I appreciate the explanation! |
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Surprising mock-up with this logo  |
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Not that I would be excited to see a few hundred more CATs get snatched and dumped into exchanges, and I honestly don't understand enough about the software to know the answer to this (which is why I'm asking), but is it wise to to set the fork so close to the difficulty change? I wondered if it would be better to do the fork in the middle of one of these excessive lulls rather than just before or during the super fast block solves that'll happen once the difficulty drops.
Tim
After the fork, the difficulty will drop after every block, at most at 12% per block (instead of the current 400%drop), based on the previous 36 block times, meaning there will be no instant drop into the 20 or teen difficulties. Once the fork is live, there will not be any more super fast block times unless a LOT of hash hits the network... and even then only for a few minutes. I may not understand the concept of the fork correctly, but is it that there is a way for some people to maintain a blockchain that is still headed for the difficulty drop? If so, there would be a lot of incentive for the people doing this strip mining annoyingness to try and do just that because they can get a bunch of coins on that blockchain. I'm seriously not trying to generate concern, I'm assuming there's a clear answer and I figure the community would actually benefit from having it explained. Tim |
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Not that I would be excited to see a few hundred more CATs get snatched and dumped into exchanges, and I honestly don't understand enough about the software to know the answer to this (which is why I'm asking), but is it wise to to set the fork so close to the difficulty change? I wondered if it would be better to do the fork in the middle of one of these excessive lulls rather than just before or during the super fast block solves that'll happen once the difficulty drops.
Tim
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I still like my suggestion for this overall design although this specific rendition could use a few more subtle details.  EDIT I realized today I didn't like the C that much and edited my file. Please keep in mind that I was thinking of the pawprint with this unique C would make a good symbol for CatCoin, not necessarily the entire coin I made. I don't think that CatCoin needs to be that serious in design... If it was supposed to be a very serious coin then it wouldn't be called CatCoin and I think it'd be a mistake to try to make it too serious now. I do think the important features for the design are something appealing, simple (for adaptation for many purposes), easily recognizable (Hence my choice to change the C), and containing some sort of cat essence.  |
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Here's two gifs I made for amusement and procrastination  and hopefully to help with coin interest. The first one wouldn't show inline... https://i.imgur.com/f9N0lDT.gif __________________________________________ CAT: 9fQxowosPZMX3ZFGGtSZmr2Z5ZJF8pXq75 |
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It's a little smaller than I intended because of the size of the upload (igmur must shrink them) but you should get the idea. I thought my last try was going in the right direction, but I this one is closer. I'm hoping to make something cool looking, symbolic, and easily adaptable in other images to help market CATs. I am definitely open to suggestions but I do still have more adjustments in mind. Hopefully there'll be something useful to go out with a code update. (and thanks to whoever had sent me some CAT before, it's definitely a motivator to keep working on stuff since it increases my stake in the coin!) ________________________________________ CAT: 9fQxowosPZMX3ZFGGtSZmr2Z5ZJF8pXq75 |
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I was hoping to make a more simple CatCoin design that looked pretty cool. I'd be interested in making some more gifs to correspond with the move to the new code (If I'm understanding what's going on correctly). I really like CatCoin and I'm hoping it makes a strong comeback. I'm a PhD student and don't have a huge amount of time to work on this, but it's a fun distraction. I hope it's helpful, and I'm open to suggestions for altering and improving it. I would, of course, appreciate some additional CATs: 9fQxowosPZMX3ZFGGtSZmr2Z5ZJF8pXq75 |
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Oooh, that's why I couldn't post |
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