[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0

[dlemfjqm]

Doge will make a return.  Shibes are strong. 

I didn't want strong returns
But at least give us see the trend rebound.
Cheer doge
 

[1714182797]

1714182797

[dlemfjqm]

When people are concerned that Doge is still going down is the best time to buy, and when people are going nuts saying it will keep going up is the time to sell (at least part of your holdings)
DOGE will go back up to at least 100, and (possibly) very soon. 

Thank you for your optimism
We all have confidence
But the truth is always very cruel
 

[Bit_Happy]

Hot tip:
The Rally back to 100 will be a ~50% gain in BTC value for Doge owners.
Many "traditional" investors work hard to make 8% in an entire year (for example)
This is not the time to be sad and scared: Love your inner DOGE.  

Cheer doge you will regret to lose patience to wait for the people.
We believe that you have a great future Now it seems The response you do
 

There is a place in the world for simple, happy fun, so there will always be a market for DOGE. 

[satogem]

We're happy to announce new dogecoin mode! Migty shibe VS fabolous doge only at satoshigem.com, where you can play candy crush saga/bejeweled gameplay alike in real multiplayer

[futile-resistance]

Guess which coin just overtook litecoin on CoinGecko.

http://www.coingecko.com/

[nhs6023]

Support the Doge! watch the NASCAR race tonight! Just starting!

Yes, it is a very good coin, there are many reasons to support it!
 

It is the most difficult period of it
I think it will lose the support of many people

[nhs6023]

As soon as doge is the most profitable coin, it will be mined by ASIC farms and multipools and then dumped on the exchanges making it not profitable again. So I think it's about time for the DEV's to really think about capping the coin as it was introduced in the first place, maybe change the PoW algo, and hey, why not also implement PoS? Of course that would need a hard fork, but it's possible without problems.

Do not let such a great thing as doge just slowly die...

What can we do?
More and more people chose to leave
I am very frustrated

[nhs6023]

Dammit guys did you even watch doge video?
Maybe doge is kill.
But what if doge is not kill?! 

The doge's really dying
We don't see a little hope or I went to look at something else

[nhs6023]

Dogecoin need updating algo, ASIC heavy sell

Algorithm may have already can't solve the fundamental problem now
We need to discuss with the developer
 

[Bit_Happy]

As soon as doge is the most profitable coin, it will be mined by ASIC farms and multipools and then dumped on the exchanges making it not profitable again. So I think it's about time for the DEV's to really think about capping the coin as it was introduced in the first place, maybe change the PoW algo, and hey, why not also implement PoS? Of course that would need a hard fork, but it's possible without problems.

Do not let such a great thing as doge just slowly die...

What can we do?
More and more people chose to leave
I am very frustrated

frustrated?
This is not the first time DOGE has hit a rough spot. The "bad times" are huge opportunities. 
What can we do?
If you ask the same question on Reddit, you will probably be flooded with good answers; bitcointalk.org is not the main site for Doge energy.

[nhs6023]

Relaunch the coin with a converted supply of 100billion down to 21 million and the coin will magically appreciate gradually due to scarcity.

Is it? Be allowed to do so?
I think this idea is not workable
 

[devphp]

Doge must do a hard fork. It did a few hard forks in the past, so this is no issue for it.

The purpose of the hard fork is to eliminate the 51% attack possibility in the future.

It must implement a 2 independent algo system, one is PoW Scrypt (same as now), one is PoS. This will ensure there is enough mining power to keep it running as well as not ever be attacked thru 51%. The money supply rewards shouldn't change, same coin supply should stay, it's a non-issue in the big scheme of events. 100 bln coins + 5 bln yearly is perfect for an economy, where 1 doge will cost one or a few USD cents in the future.

This step, or similar that includes more than 1 independent algo, will ensure longetivity of Doge. It's perfect for Internet tipping, micro transactions, small and medium sized purchases, but something should be done about the security of the network in the near future. Investors can't invest and be permanently concerned about the impending 51% attack peril. The hard fork I suggested above is one of the solutions to get rid of those worries.

Current price decline is not an issue, as adoption increases, price will take care of itself. But the 51% attack possibility can't take care of itself without devs doing something meaningful about it.

[ranlo]

Doge must do a hard fork. It did a few hard forks in the past, so this is no issue for it.

The purpose of the hard fork is to eliminate the 51% attack possibility in the future.

It must implement a 2 independent algo system, one is PoW Scrypt (same as now), one is PoS. This will ensure there is enough mining power to keep it running as well as not ever be attacked thru 51%. The money supply rewards shouldn't change, same coin supply should stay, it's a non-issue in the big scheme of events. 100 bln coins + 5 bln yearly is perfect for an economy, where 1 doge will cost one or a few USD cents in the future.

This step, or similar that includes more than 1 independent algo, will ensure longetivity of Doge. It's perfect for Internet tipping, micro transactions, small and medium sized purchases, but something should be done about the security of the network in the near future. Investors can't invest and be permanently concerned about the impending 51% attack peril. The hard fork I suggested above is one of the solutions to get rid of those worries.

Current price decline is not an issue, as adoption increases, price will take care of itself. But the 51% attack possibility can't take care of itself without devs doing something meaningful about it.

Is it really worth adding in PoS right now though? While I get the benefits of it, making a major change like that to a coin that has been around this long and is this wide-spread may be a bad movement. And if it were implemented, what % of interest? It'd have to be low.

[c-cex]

C-CEX merchant service is now live in beta!
You can sell goods and services for DOGE and any other coin we have on C-CEX.com exchange!
We invite You to free test!

https://c-cex.com/?id=merch

[devphp]

Is it really worth adding in PoS right now though? While I get the benefits of it, making a major change like that to a coin that has been around this long and is this wide-spread may be a bad movement. And if it were implemented, what % of interest? It'd have to be low.

It is worth it for the benefit of the investors. I understand, miners may object and some of them may leave, but there are enough users who will keep their wallets opened to generate coins through PoS mechanism. This will ensure the 51% attack will not be practically and even theoretically possible. Miners are an important part of the infrastructure, but nobody can deny that they dump a lot of coins on the market, hence if we care about the price, we should care about investors and their concerns, the main of which is the security of the coin. PoS will ensure the coin cannot be killed. Once that is out of the question, the price will rebound, and many miners will return. Doge is great for internet payments and has a friendly face, so why not make it perfect.

As for % of interest, that shouldn't be tinkered with much. The coin supply should stay the same, just like investors know it today (100 bln + 10k rewards for life = 5 bln. yearly). The block rewards schedule should stay the same, except 50% of the blocks must go to Scrypt miners, 50% of the blocks must go to PoS miners (randomly or according to their stake, this is debatable), the main point is to make sure half of the blocks are generated outside the gigahash Scrypt network, which can be hijacked by someone with a lot of power.

Doge could go Myriadcoin-style way, but PoS would make sure the only way to perform a 51% attack is to buy 51% of the coins in existance, which will drive the price many fold and is not practically possible. With a few PoW algos it's still possible to buy a lot of hardware, so I'd say the combined PoW/PoS method is best.

[ranlo]

Is it really worth adding in PoS right now though? While I get the benefits of it, making a major change like that to a coin that has been around this long and is this wide-spread may be a bad movement. And if it were implemented, what % of interest? It'd have to be low.

It is worth it for the benefit of the investors. I understand, miners may object and some of them may leave, but there are enough users who will keep their wallets opened to generate coins through PoS mechanism. This will ensure the 51% attack will not be practically and even theoretically possible. Miners are an important part of the infrastructure, but nobody can deny that they dump a lot of coins on the market, hence if we care about the price, we should care about investors and their concerns, the main of which is the security of the coin. PoS will ensure the coin cannot be killed. Once that is out of the question, the price will rebound, and many miners will return. Doge is great for internet payments and has a friendly face, so why not make it perfect.

As for % of interest, that shouldn't be tinkered with much. The coin supply should stay the same, just like investors know it today (100 bln + 10k rewards for life = 5 bln. yearly). The block rewards schedule should stay the same, except 50% of the blocks must go to Scrypt miners, 50% of the blocks must go to PoS miners (randomly or according to their stake, this is debatable), the main point is to make sure half of the blocks are generated outside the gigahash Scrypt network, which can be hijacked by someone with a lot of power.

Doge could go Myriadcoin-style way, but PoS would make sure the only way to perform a 51% attack is to buy 51% of the coins in existance, which will drive the price many fold and is not practically possible. With a few PoW algos it's still possible to buy a lot of hardware, so I'd say the combined PoW/PoS method is best.

It may be doable, but I think we'd need a community vote to determine how to handle all of the block rewards. With ASICs on the move (and some people buying them in bulk), I am starting to see the need for more protection for the network.

[devphp]

It may be doable, but I think we'd need a community vote to determine how to handle all of the block rewards. With ASICs on the move (and some people buying them in bulk), I am starting to see the need for more protection for the network.

I don't see how a community vote is possible technically though.

I mean PoS blocks can be set up to be generated 25% of the time, or 33% of the time, that's all debatable and can be tweaked later to 50% if there is not enough security in the network to prevent the 51%-attack, but the devs must proactively work on the code to make this happen, because Doge CAN make this hard fork without major hassle to protect its network once and for good, unlike Litecoin, which already can't, as it's too much of a behemoth at this stage.

[ranlo]

It may be doable, but I think we'd need a community vote to determine how to handle all of the block rewards. With ASICs on the move (and some people buying them in bulk), I am starting to see the need for more protection for the network.

I don't see how a community vote is possible technically though.

I mean PoS blocks can be set up to be generated 25% of the time, or 33% of the time, that's all debatable and can be tweaked later to 50% if there is not enough security in the network to prevent the 51%-attack, but the devs must proactively work on the code to make this happen, because Doge CAN make this hard fork without major hassle to protect its network once and for good, unlike Litecoin, which already can't, as it's too much of a behemoth at this stage.

This is a good point. Getting changes done now rather than later will definitely make it easier to do.

Who are the current DOGE devs? I think people should contact them to see their opinion.

[devphp]

This is a good point. Getting changes done now rather than later will definitely make it easier to do.

Who are the current DOGE devs? I think people should contact them to see their opinion.

I am sure they know of all the options, it's discussed on reddit, but I guess they also don't know how to have the community vote. Heated discussions show a lot of people disagree on changes, especially miners who like it the way it is, because it's most profitable for them not to change anything. But miners don't have the final say, the recent price drop, which I hope will make devs reconsider what's important, showed that investors play a big part too, and they need peace of mind for their investments.

I hope they read this thread from time to time, as it's crazy on reddit, serious topics there get downvoted and flooded quickly.

[ranlo]

This is a good point. Getting changes done now rather than later will definitely make it easier to do.

Who are the current DOGE devs? I think people should contact them to see their opinion.

I am sure they know of all the options, it's discussed on reddit, but I guess they also don't know how to have the community vote. Heated discussions show a lot of people disagree on changes, especially miners who like it the way it is, because it's most profitable for them not to change anything. But miners don't have the final say, the recent price drop, which I hope will make devs reconsider what's important, showed that investors play a big part too, and they need peace of mind for their investments.

I hope they read this thread from time to time, as it's crazy on reddit, serious topics there get downvoted and flooded quickly.

I would even argue that a 0% PoS would help. Tons of people leave their wallets open all the time anyways, so even no benefits to staking (maybe get transaction fees?) would grant some security without changing reward structures.