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Poll
Question: What modification would be better?
KGW - 0 (0%)
DGW - 0 (0%)
DS - 0 (0%)
1 hr diff retarget - 3 (75%)
increase miners - 1 (25%)
Total Voters: 4

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Author Topic: Should Pakcoin's difficulty retargetting be modified due to multipools?  (Read 570 times)
drwatson84 (OP)
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May 24, 2016, 12:36:05 PM
 #1

Hello every one
Pakcoin has been hit twice by a multipool and suffered high difficulty leaving very less mining power behing on its own pool only (pool.pakcoin.org)
I was thinking about changing its difficulty retarget algo to any of KGW, DGW, DS or just change the retargetting after 60 blocks. Other option is to increase miners but again that doesnt seem very feasible when multipool hits Pakcoin network and dumps leaving pakcoin not so profitable for the rest of miners and eventually they leave mining.
I have seen anon coin, mega coin and emerald coin which had changed their difficulty retarget algo to KGW / DGW but they have seen lot of price downfall over time making me curious if its long term effect of the KGW/DGW algos as they smooth out the difficulty retargetting hence price fall is easier if miners leave out the network slowly.
I am confused in deciding the next decision for pakcoin, so need your opinion.. please poll and comment especially the senior developers of the crypto-community.
Regards

★★★ PAKISTANI ★★★CRYPTO-CURRENCY  ★★★PAKCOIN 
★★★ LONG TERM PROJECT ★★★ ACCEPTED IN PAKISTAN (www.pakcoin.io/merchants) ★★★ https://bitcointalk.org/index.php?topic=1096893.0
dmz241
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May 24, 2016, 12:43:49 PM
 #2

Hello every one
Pakcoin has been hit twice by a multipool and suffered high difficulty leaving very less mining power behing on its own pool only (pool.pakcoin.org)
I was thinking about changing its difficulty retarget algo to any of KGW, DGW, DS or just change the retargetting after 60 blocks. Other option is to increase miners but again that doesnt seem very feasible when multipool hits Pakcoin network and dumps leaving pakcoin not so profitable for the rest of miners and eventually they leave mining.
I have seen anon coin, mega coin and emerald coin which had changed their difficulty retarget algo to KGW / DGW but they have seen lot of price downfall over time making me curious if its long term effect of the KGW/DGW algos as they smooth out the difficulty retargetting hence price fall is easier if miners leave out the network slowly.
I am confused in deciding the next decision for pakcoin, so need your opinion.. please poll and comment especially the senior developers of the crypto-community.
Regards

Shouldnt this be held under pakcoin thread... you should post this link there too...
RussiaCoinDotInfo
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May 25, 2016, 01:25:09 AM
 #3

Is there any evidence that the "multipool" is pump-and-dumping PakCoin?

How often has this happened, or was it an occasional thing?

Can you modify the block explorer to show things like the rich list or similar?

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drwatson84 (OP)
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May 25, 2016, 05:51:27 AM
 #4

Yes, prohashing pool did it twice, first time we recovered easily but it hit it again and dumped coins all at once.
There is block explorer and rich list also there at cryptoguru.tk

★★★ PAKISTANI ★★★CRYPTO-CURRENCY  ★★★PAKCOIN 
★★★ LONG TERM PROJECT ★★★ ACCEPTED IN PAKISTAN (www.pakcoin.io/merchants) ★★★ https://bitcointalk.org/index.php?topic=1096893.0
Rw13enlib88
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May 25, 2016, 07:10:18 AM
 #5

Hello every one
Pakcoin has been hit twice by a multipool and suffered high difficulty leaving very less mining power behing on its own pool only (pool.pakcoin.org)
I was thinking about changing its difficulty retarget algo to any of KGW, DGW, DS or just change the retargetting after 60 blocks. Other option is to increase miners but again that doesnt seem very feasible when multipool hits Pakcoin network and dumps leaving pakcoin not so profitable for the rest of miners and eventually they leave mining.
I have seen anon coin, mega coin and emerald coin which had changed their difficulty retarget algo to KGW / DGW but they have seen lot of price downfall over time making me curious if its long term effect of the KGW/DGW algos as they smooth out the difficulty retargetting hence price fall is easier if miners leave out the network slowly.
I am confused in deciding the next decision for pakcoin, so need your opinion.. please poll and comment especially the senior developers of the crypto-community.
Regards


anon coin, mega coin and emerald coin have seen price downfall due to competition and lack of interest.

There is no other coin focused in Pakistan, so for the moment there is no direct competition.
We're few people involved in PAK, and we do understand the long term importance of this project


I dont really know the differences between those diff adjusters, so I wont vote, but I support you in this change for better
any good article I can about diff adj algos?
drwatson84 (OP)
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May 25, 2016, 01:31:47 PM
 #6

Well you can find info about it easily by googling
I have made up my mind to go for this change soon and will decide for the algo which would suite best for it

★★★ PAKISTANI ★★★CRYPTO-CURRENCY  ★★★PAKCOIN 
★★★ LONG TERM PROJECT ★★★ ACCEPTED IN PAKISTAN (www.pakcoin.io/merchants) ★★★ https://bitcointalk.org/index.php?topic=1096893.0
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