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Author Topic: [ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013  (Read 505509 times)
CartmanSPC
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June 13, 2013, 06:34:47 PM
 #3021

Is there a large benefit to pplns in general with such a fast coin?

I posted this earlier but here it is again:

  • Transaction Fees given to Miners as a REWARD
  • Instant payout when a block is found
  • No coins stored on pool server (dependent on pool operators configuration)
  • Maintain your PPLNS level switching between connected p2pools
  • No account registration or passwords to remember

Added to that list that it is much harder for the pool operator to cheat miners.

Also,

  • No single point of failure in the pool (when p2pools are connected)
  • There are small statistical advantages increasing income vs traditional pools

Read more here:
https://bitcointalk.org/index.php?topic=153232.0;all

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nearmiss
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June 13, 2013, 06:42:21 PM
 #3022

your talking about potential benefits of p2pool in general. I'm just taking about using PPLNS as a payout strategy, for a coin that has a target rate of blocks every 20 seconds.

Edit: and in reply to the generic p2pool points, none of them seem all that beneficial aside from "No single point of failure in the pool (when p2pools are connected)".  That one is pretty great.  The rest are debatable/marginal at best, but to each their own. Everyone has their own preferences.

Profit-Switching Pool w/ Vardiff -> http://hashco.ws  Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC,  BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
baritus
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June 13, 2013, 06:43:32 PM
Last edit: June 13, 2013, 10:06:32 PM by baritus
 #3023

P2pool* does have the disadvantage of causing bloated sized wallets which result in high transaction fees.

Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
CartmanSPC
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June 13, 2013, 06:47:23 PM
Last edit: June 13, 2013, 08:11:49 PM by CartmanSPC
 #3024

PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.

I think you mean p2pools not PPLNS. There are ways to deal with the micro payments to where you don't have to pay any (or little) transaction fees. I was just reading about it yesterday on the litecoin forum from that high profile developer they brought on board to work on litecoin.

The same developer is working with p2pool code. Same dev who helped sort out the stratum code issues other pools had.

Let me know if you cant find the link and I'll search for it.

erundook
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June 13, 2013, 07:12:05 PM
 #3025

PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
sorry what? that isn't true. that's what p2pools do - a ton of micro transactions. PPS & PPLNS don't have anything to do with micro transactions unless you have an automatic withdrawal set to like 0.5-1 coins which is a bad decision anyway.


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nearmiss
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June 13, 2013, 07:16:27 PM
 #3026

PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
sorry what? that isn't true. that's what p2pools do - a ton of micro transactions. PPS & PPLNS don't have anything to do with micro transactions unless you have an automatic withdrawal set to like 0.5-1 coins which is a bad decision anyway.

Agreed!

That aside, is PPLNS just chosen because its generally the default of the software thats out there, or do miners/pool ops still see a benefit in it for these fast generated coins?

Profit-Switching Pool w/ Vardiff -> http://hashco.ws  Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC,  BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
erundook
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June 13, 2013, 10:03:20 PM
 #3027

PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
sorry what? that isn't true. that's what p2pools do - a ton of micro transactions. PPS & PPLNS don't have anything to do with micro transactions unless you have an automatic withdrawal set to like 0.5-1 coins which is a bad decision anyway.

Agreed!

That aside, is PPLNS just chosen because its generally the default of the software thats out there, or do miners/pool ops still see a benefit in it for these fast generated coins?
sure they do!
imagine a fast round of like 50-100 shares. slow miners will get nothing for that in proportional scheme. but with pplns, they'll constantly have a fair reward no matter how fast a block was solved.


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baritus
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June 13, 2013, 10:06:03 PM
 #3028

Typo/sleep deprivation.. That was supposed to be P2pool not PPLNS. Cheesy

Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
Lloydimiller4
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June 13, 2013, 11:24:23 PM
 #3029

Status: 0/unconfirmed, broadcast through 5 nodes
Date: 6/13/2013 19:25
To: DGC Dev Fund DHgXvhswV9j3t9VTKu1QfAu6kYM1HHD5sJ
Debit: -250.00 DGC
Net amount: -250.00 DGC
Transaction ID: 058846d8538ebae91c531d3a277d8f2366ea0549ada64a1dd16c8192a697a515

250 to the Dev fund from me  Grin

XMR: 43uAvbYL7z9NrKQig2DswM69XaeDug1Rf8v4Un1ndssb2To51Vojz2uZ21jFumWsCcgvqZ9hPuE3fEr xKoGCkHU8CzqHFiS
techbytes
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June 14, 2013, 02:04:02 AM
 #3030

Status: 0/unconfirmed, broadcast through 5 nodes
Date: 6/13/2013 19:25
To: DGC Dev Fund DHgXvhswV9j3t9VTKu1QfAu6kYM1HHD5sJ
Debit: -250.00 DGC
Net amount: -250.00 DGC
Transaction ID: 058846d8538ebae91c531d3a277d8f2366ea0549ada64a1dd16c8192a697a515

250 to the Dev fund from me  Grin


Excellent!  Thank you for your support.  I matched 100 DGC to your contribution.  Wiki updated

http://www.dgcwiki.com/index.php?title=Project_Contributors#Round_3

I'm still matching if you're contributing.


-tb-

MobGod
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June 14, 2013, 02:09:32 AM
 #3031

Still don't see my pool in the list
http://coinworld.us:8810/static/

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
r32godzilla
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June 14, 2013, 06:19:34 AM
 #3032

i think Digital Coin has earned its own subforum. what you think?

Yep I'd second that. Proof is in the length of this thread for a start lol



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mm8000
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June 14, 2013, 06:54:16 AM
 #3033

http://next.afraid.org:8119

Who is looking for an awesome pool? We need to pump some life into this pool. The hashrate has really dropped.

(I don't own this pool. Just recommending it)
nesic1
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June 14, 2013, 08:14:42 AM
 #3034

topic is too big to read all, was there a client change or should i just download client from the first page?
r3wt
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June 14, 2013, 08:26:55 AM
 #3035

topic is too big to read all, was there a client change or should i just download client from the first page?
just dl from the first page. this coin is solid, no need for an update yet

My negative trust rating is reflective of a personal vendetta by someone on default trust.
nesic1
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June 14, 2013, 08:29:20 AM
 #3036

ok, thanks for the fast reply

where can i find in how much time diff change?
erundook
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June 14, 2013, 09:12:31 AM
 #3037

ok, thanks for the fast reply

where can i find in how much time diff change?
try checking ticker at https://dgc.epools.org


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oneway
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June 14, 2013, 09:27:04 AM
 #3038

http://next.afraid.org:8119

Who is looking for an awesome pool? We need to pump some life into this pool. The hashrate has really dropped.

(I don't own this pool. Just recommending it)

I use this pool too when, when I want mining DGC. It works great, the PLLNS windows, is well defined.
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June 14, 2013, 10:20:00 AM
 #3039

that output is normal.

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June 14, 2013, 12:20:28 PM
 #3040

Still don't see my pool in the list
http://coinworld.us:8810/static/


Wiki updated.  Any other info you want added, let me know.


-tb-

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