[ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013

[jdebunt]

forecasting DGC past 4cents by the weekend

Wouldn't mind seeing that happen

[1714294046]

1714294046

[1714294046]

1714294046

[icyak]

Network hashrate: 3071.64 MH/s
wtf

[killdemon]

Network hashrate: 3071.64 MH/s
wtf

Just for a while when difficulty is low. Multipool and Middlecoin togehther have 1800MH/s.

So to conclude myself pools like above mentioned have a tripple BAD impact on  a coin. First are Orphans, which i already explained, second is they are lovering the value of the coin bcs they are immediately dumping the coins, and third one is more psychological impact on rest of miners after they leave network with high difficulty, best example is ARG.

[ronaldinho_07]

Status: 0/unconfirmed
Date: 8/7/2013 11:56
To: btce DCfat2uXzgYuYLrmCLUi1J5jBFe3Y9a6HL
Debit: -5560.00 DGC
Net amount: -5560.00 DGC
Transaction ID: 3a123a75c463daa9da91eae065880680e3ce94ef67cf94d797fee576ecb6656f

4 hours and 0 confirmation 

[Xmansk]

Status: 0/unconfirmed
Date: 8/7/2013 11:56
To: btce DCfat2uXzgYuYLrmCLUi1J5jBFe3Y9a6HL
Debit: -5560.00 DGC
Net amount: -5560.00 DGC
Transaction ID: 3a123a75c463daa9da91eae065880680e3ce94ef67cf94d797fee576ecb6656f

4 hours and 0 confirmation 

To BTC-e? Really?

[ronaldinho_07]

Status: 0/unconfirmed
Date: 8/7/2013 11:56
To: btce DCfat2uXzgYuYLrmCLUi1J5jBFe3Y9a6HL
Debit: -5560.00 DGC
Net amount: -5560.00 DGC
Transaction ID: 3a123a75c463daa9da91eae065880680e3ce94ef67cf94d797fee576ecb6656f

4 hours and 0 confirmation 

To BTC-e? Really?

nope,to crypt

[Xmansk]

Status: 0/unconfirmed
Date: 8/7/2013 11:56
To: btce DCfat2uXzgYuYLrmCLUi1J5jBFe3Y9a6HL
Debit: -5560.00 DGC
Net amount: -5560.00 DGC
Transaction ID: 3a123a75c463daa9da91eae065880680e3ce94ef67cf94d797fee576ecb6656f

4 hours and 0 confirmation 

To BTC-e? Really?

nope,to crypt

http://dgc.cryptocoinexplorer.com/address/DCfat2uXzgYuYLrmCLUi1J5jBFe3Y9a6HL

[ronaldinho_07]

wallet still shows nothing 0/5 confirmations until now

[jbmiller10]

wallet still shows nothing 0/5 confirmations until now

I'm copying this from here as I'm being too lazy to write it out myself...:
http://digitalcoin.co/forums/index.php/topic,102.msg291.html#msg291

Did you try doing a -rescan ? This will rescan the block chain to find any missing transactions.

Create and/or 2nd mouse button click on the digitalcoin shortcut on your desktop. Select > Properties.

In the 'Target' field add --rescan: "C:\Program Files (x86)\digitalcoin\digitalcoin-qt.exe" --rescan

Click on Apply and OK. Now re-start digitalcoin via this shortcut.

[r32godzilla]

Hey all,

Baritus asked if we can get a list together of the currently working DGC nodes. Can you post them here -> http://digitalcoin.co/forums/index.php/topic,115.0.html

so we can compile the list.

Cheers,

RZ.

[Sikon024]

Network hashrate: 316.84 MH/s
Current difficulty
4.5503
Next difficulty
1.8623
Is again some coin-switching pool jumping on dgc?

Again? It did not stopped

Multipool of course. They are also bringing a tone of orphans with them (lover coin difficulty with sudden flow of high hashrate miners "fighting" for a block). What is funny after that found is bashing on a coin and Developers .  

It has happened again.
Current Diff: 1.879  
Global Hashrate: 1,213,870 KH/s
Next Diff:  5.1274

We should look for ways to build circuit breakers into DGC to prevent the swarm of locusts from pumping and dumping DGC like a cheap hooker.  Here is a few ideas I've seen thrown around: Rejecting blocks from a single source with more than %40 of the hashpower, To reject or que blocks that violate the minimum block time, or adjusting the difficulty at a faster rate.  CartmanSPC suggested "Develop the wallet/coin to throttle new blocks found based on an average of blocks found over the previous "x" period of time."

I know these solutions will produce orphans during spikes but I fear what will happen if we do nothing. In the short term its creating shortage of dgc and pushing the price up, which seems good in relation to the block reward dispute.  But in the long term it may drive off loyal miners making dgc vulnerable to attack between or during hashspikes (like what happened to FTC a few months ago).  If you look at the Multipool thread you will see the admin has a sadistic attitude towards most alt coins in general.  Something needs to be done before people loose confidence.

Multipool Discussion Referenced: https://bitcointalk.org/index.php?topic=263827.0

[MobGod]

As requested, DGC has been added as payment to www.porndatabase.co.uk/get-btc-porn/ where can give yourself or a friend the gift of porn.

Is this a plugin I would like to accept DGC on my site also but not a porn one :-D

[tomhammers]

Network hashrate: 316.84 MH/s
Current difficulty
4.5503
Next difficulty
1.8623
Is again some coin-switching pool jumping on dgc?

Again? It did not stopped

Multipool of course. They are also bringing a tone of orphans with them (lover coin difficulty with sudden flow of high hashrate miners "fighting" for a block). What is funny after that found is bashing on a coin and Developers .  

It has happened again.
Current Diff: 1.879  
Global Hashrate: 1,213,870 KH/s
Next Diff:  5.1274

We should look for ways to build circuit breakers into DGC to prevent the swarm of locusts from pumping and dumping DGC like a cheap hooker.  Here is a few ideas I've seen thrown around: Rejecting blocks from a single source with more than %40 of the hashpower, To reject or que blocks that violate the minimum block time, or adjusting the difficulty at a faster rate.  CartmanSPC suggested "Develop the wallet/coin to throttle new blocks found based on an average of blocks found over the previous "x" period of time."

I know these solutions will produce orphans during spikes but I fear what will happen if we do nothing. In the short term its creating shortage of dgc and pushing the price up, which seems good in relation to the block reward dispute.  But in the long term it may drive off loyal miners making dgc vulnerable to attack between or during hashspikes (like what happened to FTC a few months ago).  If you look at the Multipool thread you will see the admin has a sadistic attitude towards most alt coins in general.  Something needs to be done before people loose confidence.

Multipool Discussion Referenced: https://bitcointalk.org/index.php?topic=263827.0

I hope something is done, its getting more difficult to remain loyal mining this coin. Of course I love this coin so will still carry on mining but I wouldn't blame someone for jumping ship, majority of the time we are stuck mining it with the difficulty at 5.0+

[killdemon]

Network hashrate: 316.84 MH/s
Current difficulty
4.5503
Next difficulty
1.8623
Is again some coin-switching pool jumping on dgc?

Again? It did not stopped

Multipool of course. They are also bringing a tone of orphans with them (lover coin difficulty with sudden flow of high hashrate miners "fighting" for a block). What is funny after that found is bashing on a coin and Developers .  

It has happened again.
Current Diff: 1.879  
Global Hashrate: 1,213,870 KH/s
Next Diff:  5.1274

We should look for ways to build circuit breakers into DGC to prevent the swarm of locusts from pumping and dumping DGC like a cheap hooker.  Here is a few ideas I've seen thrown around: Rejecting blocks from a single source with more than %40 of the hashpower, To reject or que blocks that violate the minimum block time, or adjusting the difficulty at a faster rate.  CartmanSPC suggested "Develop the wallet/coin to throttle new blocks found based on an average of blocks found over the previous "x" period of time."

I know these solutions will produce orphans during spikes but I fear what will happen if we do nothing. In the short term its creating shortage of dgc and pushing the price up, which seems good in relation to the block reward dispute.  But in the long term it may drive off loyal miners making dgc vulnerable to attack between or during hashspikes (like what happened to FTC a few months ago).  If you look at the Multipool thread you will see the admin has a sadistic attitude towards most alt coins in general.  Something needs to be done before people loose confidence.

Multipool Discussion Referenced: https://bitcointalk.org/index.php?topic=263827.0

I hope something is done, its getting more difficult to remain loyal mining this coin. Of course I love this coin so will still carry on mining but I wouldn't blame someone for jumping ship, majority of the time we are stuck mining it with the difficulty at 5.0+

I agree with you guys. Let us see what Baritus has to say about it? Coin is stucked dead in the muddy water. Some  younger ALT coins doing much better bcs mutlishitmiddlebraindead and similar pools are not jumping on them(CGB,DMD,etc...). If everything stay the same DGC will be half dead coin like what happened to ARG. I was minnig DGC for one whole month but now not any more because of those jumping idiotic pools. I might be back if i can see some progrees regarding that topic. If Developer(s) do not care why shoud I?

[Cryptos2go]

Why not lower the amount of blocks between diff adjustments? DGC is a fast coin but 1k blocks between adjustments seems a bit high considering the way things are with alt coins these days.

[baritus]

Lowering the number of blocks to retarget does not help. It's an automated system, it doesn't care how often it switches.

What do you expect to happen when most of the community are selfish profiteers? It's not my place to control people or their behaviour. The network is still functioning well and those with a longterm outlook won't join this idiotic trend.

[MobGod]

Lowering the number of blocks to retarget does not help. It's an automated system, it doesn't care how often it switches.

What do you expect to happen when most of the community are selfish profiteers? It's not my place to control people or their behaviour. The network is still functioning well and those with a longterm outlook won't join this idiotic trend.

Well put

[techbytes]

Network hashrate: 316.84 MH/s
Current difficulty
4.5503
Next difficulty
1.8623
Is again some coin-switching pool jumping on dgc?

Again? It did not stopped

Multipool of course. They are also bringing a tone of orphans with them (lover coin difficulty with sudden flow of high hashrate miners "fighting" for a block). What is funny after that found is bashing on a coin and Developers .  

It has happened again.
Current Diff: 1.879  
Global Hashrate: 1,213,870 KH/s
Next Diff:  5.1274

We should look for ways to build circuit breakers into DGC to prevent the swarm of locusts from pumping and dumping DGC like a cheap hooker.  Here is a few ideas I've seen thrown around: Rejecting blocks from a single source with more than %40 of the hashpower, To reject or que blocks that violate the minimum block time, or adjusting the difficulty at a faster rate.  CartmanSPC suggested "Develop the wallet/coin to throttle new blocks found based on an average of blocks found over the previous "x" period of time."

I know these solutions will produce orphans during spikes but I fear what will happen if we do nothing. In the short term its creating shortage of dgc and pushing the price up, which seems good in relation to the block reward dispute.  But in the long term it may drive off loyal miners making dgc vulnerable to attack between or during hashspikes (like what happened to FTC a few months ago).  If you look at the Multipool thread you will see the admin has a sadistic attitude towards most alt coins in general.  Something needs to be done before people loose confidence.

Multipool Discussion Referenced: https://bitcointalk.org/index.php?topic=263827.0

I hope something is done, its getting more difficult to remain loyal mining this coin. Of course I love this coin so will still carry on mining but I wouldn't blame someone for jumping ship, majority of the time we are stuck mining it with the difficulty at 5.0+

I agree with you guys. Let us see what Baritus has to say about it? Coin is stucked dead in the muddy water. Some  younger ALT coins doing much better bcs mutlishitmiddlebraindead and similar pools are not jumping on them(CGB,DMD,etc...). If everything stay the same DGC will be half dead coin like what happened to ARG. I was minnig DGC for one whole month but now not any more because of those jumping idiotic pools. I might be back if i can see some progrees regarding that topic. If Developer(s) do not care why shoud I?

I see your concerns but imho, once DGC gains traction from bank/exchange and services, the multipools will be nothing but a small potholes on the road.


-tb-

[Xmansk]

Lowering the number of blocks to retarget does not help. It's an automated system, it doesn't care how often it switches.

What do you expect to happen when most of the community are selfish profiteers? It's not my place to control people or their behaviour. The network is still functioning well and those with a longterm outlook won't join this idiotic trend.

Can you tell us if collecting list of all nodes has something to do with prevention against that idiotic trend?

[MobGod]

I have a dump question can't we just make pools private,.errr I think that would cause a fork to get the others off the chain correct?