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1  Alternate cryptocurrencies / Announcements (Altcoins) / [Ann] Dogecoin Eclipse, first we went to the moon, now we blot out the sun on: October 04, 2017, 06:51:27 PM


Introducing a new fork of Dogecoin! This fork will be 1:1 of the current chain, so if you have Dogecoin when the fork occurs, you will have the same amount of Dogecoin Eclipse at that address.  Dogecoin Eclipse aims to fix issues we have with the dogecoin structure as it currently stands. We are still hammering out the finer spec details, but here is what is currently on the table:

1.Change in algorithm from scrypt to NIST5. This allows anyone with a gpu to mine Dogecoin Eclipse and frees us from the threat of asics and centralization.

2.Change in diff retarget to Dark Gravity Wave (DGW). DGW will change the difficulty every block while minimizing risk of attacks that would stall the mining chain.

3.Addition of masternodes. There are currently just over 550 dogecoin nodes running. We are looking to provide an incentive (although a small one) for users to run full nodes to strengthen the network.

4.A max coin cap. This will prevent long term loss of value for our coin. (currently we are considering 300 billion as the hard cap.)

All other specs are expected to remain the same (i.e. 1 minute block times and 10,000 doge block rewards.)

We want to bring active development back to Dogecoin, and bring mining back to the common people. This fork will end merged mining with LTC, and allow you to mine Dogecoin Eclipse with your home pc. We are a dedicated team with the resources to make this happen. All our work will be fully audit-able and transparent. We will never ask for any investments of any sort for out team. The way we see it, if we can't afford to see this project though on our own, then we shouldn't be doing it. That being said, if you want to send a donation or tip, our dogecoin address is listed on the website at the bottom footer. We want to use this thread as a discussion going forward, to hear recommendations from the community so we can ensure we are making the right changes to the specs. After we launch the fork, we would love to expand futher upon the Dogecoin brand. Click the logo below to visit our website for more information:


Be sure to check back here or on the website for updates and the fork launch date (TBA)




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