sasa9
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November 28, 2015, 06:40:02 PM Last edit: December 01, 2015, 10:12:53 PM by mprep |
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sasa9
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November 29, 2015, 05:06:45 AM Last edit: December 01, 2015, 10:13:03 PM by mprep |
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sasa9
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November 29, 2015, 04:50:18 PM Last edit: December 01, 2015, 10:13:34 PM by mprep |
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sasa9
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November 29, 2015, 06:13:10 PM Last edit: December 01, 2015, 10:13:48 PM by mprep |
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Equalizer1970
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November 29, 2015, 07:26:05 PM |
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I've spent some time getting familiar with merged mining. This stems from my concerns about the network hash rate and the actual solve times I'very been watching on the block chain. I see a hell of a lot of upside to this, and am confident that we can implement it.
My understanding so far is that pools can share hash power from litecoin or dogecoin and use it on sexcoin concurrently.
Is anyone aware of a downside?
What do you think?
My vote is for merge mining with LTC and to this as soon as possible. Get a major pool to get onboard, too.
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portice
Legendary
Offline
Activity: 999
Merit: 1000
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November 30, 2015, 12:00:17 AM |
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I've spent some time getting familiar with merged mining. This stems from my concerns about the network hash rate and the actual solve times I'very been watching on the block chain. I see a hell of a lot of upside to this, and am confident that we can implement it.
My understanding so far is that pools can share hash power from litecoin or dogecoin and use it on sexcoin concurrently.
Is anyone aware of a downside?
What do you think?
My vote is for merge mining with LTC and to this as soon as possible. Get a major pool to get onboard, too. No support to sustain the dumps from making it merge mineable
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lavajumper
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November 30, 2015, 01:19:00 AM |
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In case of major Scrypt pool starting to merge-mine SXC that pool becomes a 51% attacker or much worse. And imagine a situation where that pool or one of pools with huge amount of hashrate stops mining for some reason, SXC difficulty would be so high that the rest of pools and solo-miners combined would need ages to create the next block. But even if doomsday scenario does not happen there would be a constant dumping of SXC by miners who basicaly get it for free, as an extra while mining LTC or whatever else Scrypt they are mining.
I was thinking it would actually stabilize the network hashrate though. If other pools could merge-mine with a coin ( or coins? ) that people mine anyway, then we'd have a sustained hash contribution. Multipools that switch in and out would have a smaller effect on the total hashrate. Am I missing something? No support to sustain the dumps from making it merge mineable
The dumping does worry me.
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SXC: S7NgcaY5qtjsBpNqdJsYbeTjacwuCUhC2Z | LTC: LVmkQd2T5nffVf1Bum9GzbNTaEQBXxURo9 | BTC: 17H4ut7WeaUkVkNh3UfvQArvsawabmrvg4 | http://sexcoinforum.com | Bitrated user: Lavajumper.
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Equalizer1970
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November 30, 2015, 02:55:09 AM |
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In case of major Scrypt pool starting to merge-mine SXC that pool becomes a 51% attacker or much worse. And imagine a situation where that pool or one of pools with huge amount of hashrate stops mining for some reason, SXC difficulty would be so high that the rest of pools and solo-miners combined would need ages to create the next block. But even if doomsday scenario does not happen there would be a constant dumping of SXC by miners who basicaly get it for free, as an extra while mining LTC or whatever else Scrypt they are mining.
I was thinking it would actually stabilize the network hashrate though. If other pools could merge-mine with a coin ( or coins? ) that people mine anyway, then we'd have a sustained hash contribution. Multipools that switch in and out would have a smaller effect on the total hashrate. Am I missing something? No support to sustain the dumps from making it merge mineable
The dumping does worry me. Yes, there will be dumping but the coin will be more widely distributed and get exposure to people who would not otherwise have taken notice of SXC. The dumping will stabilize and inevitably some of those miners will start to hold their coins.
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Nerull
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November 30, 2015, 03:09:24 AM |
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I think its a case of a short term pain for a long term gain. Some dumping will occur but the increase in hashrate and the accompanying increase in security will pay off many times over long term.
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Timelord2067 (OP)
Legendary
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Activity: 3668
Merit: 2217
💲🏎️💨🚓
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November 30, 2015, 05:56:08 AM Last edit: December 04, 2015, 01:57:03 AM by Timelord2067 |
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Android Release!v0.10.9.0 The New Android Client is out! Android Sexcoin Wallet APK(direct download link) - Now Reports Euro Exchange Rates
- Sync Issues Solved
- Fixed file system bloat problem
- Ability to Delete application logs
- Addressed many stability issues
Source: http://github.com/lavajumper/sexcoin-wallet
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Timelord2067 (OP)
Legendary
Offline
Activity: 3668
Merit: 2217
💲🏎️💨🚓
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December 04, 2015, 01:57:20 AM |
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Timelord2067 (OP)
Legendary
Offline
Activity: 3668
Merit: 2217
💲🏎️💨🚓
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July 04, 2017, 11:20:08 AM Last edit: May 17, 2023, 12:18:16 AM by Timelord2067 |
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Just in case you aren't following the current thread: [size=16pt] ---> https://bitcointalk.org/index.php?topic=1272422.msg19920671#msg19920671 <---[/size] [quote author=lavajumper link=topic=1272422.msg19920671#msg19920671 date=1499121087] [/quote] [quote author=Timelord2067 link=topic=1272422.msg19922567#msg19922567 date=1499133615] If you use Twitter copy the following: https://twitter.com/Timelord2067/status/882055574799568897#Crypto SexCoin Mandatory Wallet UPGRADE V 0.10.4.0 http://tinyurl.com/SexCoin01040 #SXC Utilise Bootstrap for faster instal https://www.sexcoin.info/downloads.php It's exactly 160 characters long, links to this thread and to the download page. (and retweeting helps with HashTag popularity.) [/quote]
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