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

[manfred]

Since security is now outsourced with AuxPow it is now do-able it wasn't before. This would put doge in a very unique position.

It has always been do-able...

Nothing magical changed over night. 

It was just outside Billy's skill level.

My understanding is that it could have been changed but would have left the coin insecure, with AuxPow that has changed, or?
On the surface it does not seem be extraordinary difficult to change the final 10k block reward to 5k, 1k or whatever number.

[1714107356]

1714107356

[1714107356]

1714107356

[1714107356]

1714107356

[pawel7777]

My understanding is that it could have been changed but would have left the coin insecure, with AuxPow that has changed, or?
On the surface it does not seem be extraordinary difficult to change the final 10k block reward to 5k, 1k or whatever number.

This would be a perfect time. Since  AuxPow and block reward reduction require hard fork, both could be done in one go.
1k reward for the final block reward would be best (+ reduction of current reward).

[lynn_402]

Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.

Needs to be reduced to 0 inflation which is what the Original Post said...

WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT*

Dogecoin is money, it's not shares (although it's fun to share it).

I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.

[Hueristic]

Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.

Needs to be reduced to 0 inflation which is what the Original Post said...

WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT*

Dogecoin is money, it's not shares (although it's fun to share it).

I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.

Thats not true, supply will dry up then price will rise and then miners will profit again.

[alani123]

I don't see the new changes changing the interest of traders. DOge is @ 34 sat for days now.

[lynn_402]

Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.

Needs to be reduced to 0 inflation which is what the Original Post said...

WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT*

Dogecoin is money, it's not shares (although it's fun to share it).

I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.

Thats not true, supply will dry up then price will rise and then miners will profit again.

What? How could they profit if there's no inflation thus no new supply to give to miners?

[Hueristic]

Now, the reason given to have 10000 block reward 5b in the new year was for security. Now since security is taken care of with AuxPow why cant the block reward be reduced to 5000 or so which would give a near perfect 2.5% annual inflation.

Needs to be reduced to 0 inflation which is what the Original Post said...

WHY WOULD YOU WANT YOUR SHARES DILUTED, YOU STUPID FUCKS! *PULLS HAIR OUT*

Dogecoin is money, it's not shares (although it's fun to share it).

I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.

Thats not true, supply will dry up then price will rise and then miners will profit again.

What? How could they profit if there's no inflation thus no new supply to give to miners?

He means added coins not price inflation. I.E. return to original MAX coins as opposed to the infinite amount (not really as the blockchain cannot handle that) there is now.

[C10H15N]

...Can you believe this shit?

...It's just a joke, and you took the time to write such a long post: Can you believe this shit?  

The butthurt is strong with this one.  

[Bit_Happy]

...Can you believe this shit?

...It's just a joke, and you took the time to write such a long post: Can you believe this shit?  

The butthurt is strong with this one.  
...

What?
I'm not the one writing long, negative posts about a "joke" that has brought, fun, happiness, and (sometimes) big profits to many people.
I am still optimistic about DOGE.
(also... "Can you believe this shit?" was a direct quote of the person I responded to)
^^^
Show me the "butthurt", please explain.

[BayAreaCoins]

What? How could they profit if there's no inflation thus no new supply to give to miners?

Miners would earn from transaction fees.  DOGE was in a perfect position for this due to the high volume of "tips", so every time you tip someone... you tip a miner.  I remember at one point DOGE had more transactions than BTC... they really fucked up in other words!

I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.

I don't think you could be more wrong if you tried.  Seriously please spend less time posting here and more time researching (by research I don't mean that fucking horrible website Reddit... which is where I would bet $100 you are from.)

It costs pools 0.. ziltch... NOTHING to merge mine.  It doesn't effect their hash on the coin they are mining either.  

Why would they turn off DOGE?  
The DOGE community would still be helping their pool by mining there in the first place.
Use that wonderful DOGE marketing the proper way and push it like this.  If you are a DOGE supporter... don't mine at a pool that doesn't merge mine DOGE *Tada!*

Dogecoin is money

It's just a joke, and you took the time to write such a long post: Can you believe this shit?  

Rofl... Nuff said.

Jackson was hilarious to talk to as well. "It's a joke" but... "it's actually money".  Ya... sure dude.  If VC would consider giving this jackoff money it should give any retard the reassurance they can raise capital (you know... real money.)


At least with printing more cash I can wipe my ass with it, start a fire or even roll a joint if I really need...
DOGE you can't even physically hold. Totally worthless with inflation.

BTC will not flow into a bottomless hole(no matter how secure or halving), cash will not go around BTC & straight into DOGE and I'm not trying to be mean, but it is what it is.
 

[Priceslide]

What? How could they profit if there's no inflation thus no new supply to give to miners?

Miners would earn from transaction fees.  DOGE was in a perfect position for this due to the high volume of "tips", so every time you tip someone... you tip a miner.  I remember at one point DOGE had more transactions than BTC... they really fucked up in other words!

the low transaction volume directly correlates to the drop in price. Which directly correlates to summer. Which directly correlates to more people outside/not at their computer. Every year for the last 5 years there has been a cyrpto-market dip in August which is right before school starts. Doge seems to have a ton of active college students that are trying to make money off their "investment"

I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.

I don't think you could be more wrong if you tried.  Seriously please spend less time posting here and more time researching (by research I don't mean that fucking horrible website Reddit... which is where I would bet $100 you are from.)

It costs pools 0.. ziltch... NOTHING to merge mine.  It doesn't effect their hash on the coin they are mining either.  

Why would they turn off DOGE?  
The DOGE community would still be helping their pool by mining there in the first place.
Use that wonderful DOGE marketing the proper way and push it like this.  If you are a DOGE supporter... don't mine at a pool that doesn't merge mine DOGE *Tada!*

Dogecoin's current inflationary style is the ONLY thing that makes it unique right now. Why not just buy litecoin if you really believe this?

Dogecoin is money

It's just a joke, and you took the time to write such a long post: Can you believe this shit?  

Rofl... Nuff said.

Jackson was hilarious to talk to as well. "It's a joke" but... "it's actually money".  Ya... sure dude.  If VC would consider giving this jackoff money it should give any retard the reassurance they can raise capital (you know... real money.)


At least with printing more cash I can wipe my ass with it, start a fire or even roll a joint if I really need... DOGE you can't even physically hold.

Doge is actually money. It's a joke too. It's actually a joke money. Maybe it gains intrinsic value by requiring processing power/electricity to create. Maybe it gains intrinsic value by being funny. Maybe it gains intrinsic value by being familiar; however, somehow it is getting used everyday (not less and less, but more and more).  Screw the traders, they're just there to speculate. I'm here to help the community forward, and I'm doing that by ignoring the price.

[lynn_402]

What? How could they profit if there's no inflation thus no new supply to give to miners?

Miners would earn from transaction fees.  DOGE was in a perfect position for this due to the high volume of "tips", so every time you tip someone... you tip a miner.  I remember at one point DOGE had more transactions than BTC... they really fucked up in other words!

At the moment, there's about 15 doges per block in transaction fees. You really think the network can be secured with that?
Plus, most tipping occurs off the blockchain, such as those done with Reddit's dogetipbot.

I wouldn't mind the inflation being reduced (perhaps to 2.5 billion coins/year like Manfred said), but 0 inflation would make Dogecoin only useful for speculators. Plus the merge-mining pools would just stop mining it and it wouldn't be secure at all.

I don't think you could be more wrong if you tried.  Seriously please spend less time posting here and more time researching (by research I don't mean that fucking horrible website Reddit... which is where I would bet $100 you are from.)

It costs pools 0.. ziltch... NOTHING to merge mine.  It doesn't effect their hash on the coin they are mining either.  

Why would they turn off DOGE?  
The DOGE community would still be helping their pool by mining there in the first place.
Use that wonderful DOGE marketing the proper way and push it like this.  If you are a DOGE supporter... don't mine at a pool that doesn't merge mine DOGE *Tada!*

LTC miners won't mine doge out of charity. Many of them might view Dogecoin as a competitor, and thus will not want to contribute to it without compensation. 0 inflation is unsustainable.

And no I don't come from Reddit; registered here before I became aware of it. So you may send me 100$ now

[BayAreaCoins]

LTC miners won't mine doge out of charity. Many of them might view Dogecoin as a competitor, and thus will not want to contribute to it without compensation. 0 inflation is unsustainable.

Lynn,

You are wrong and you alone are hurting DOGE value.  

LTC pools will mine DOGE in order to have the DOGE community mine with them.  This helps LTC and the pool earns more money with their % of LTC earned from new miners... who cares if they get any DOGE!  

It takes no more electricity to mine, it doesn't hurt their hash and it is a opening to a HUGE marketing crowd... "They" will mine it.

[C10H15N]

What?
I'm not the one writing long, negative posts about a "joke" that has brought, fun, happiness, and (sometimes) big profits to many people.
I am still optimistic about DOGE.
(also... "Can you believe this shit?" was a direct quote of the person I responded to)
^^^
Show me the "butthurt", please explain.

The butthurt is strong with the person you responded to.  Not you.   
 

[Bit_Happy]

What?
I'm not the one writing long, negative posts about a "joke" that has brought, fun, happiness, and (sometimes) big profits to many people.
I am still optimistic about DOGE.
(also... "Can you believe this shit?" was a direct quote of the person I responded to)
^^^
Show me the "butthurt", please explain.

The butthurt is strong with the person you responded to.  Not you.   
 

Got it, just wanting to understand.   

[Hueristic]

...Can you believe this shit?

...It's just a joke, and you took the time to write such a long post: Can you believe this shit?  

The butthurt is strong with this one.  
...

What?
I'm not the one writing long, negative posts about a "joke" that has brought, fun, happiness, and (sometimes) big profits to many people.
I am still optimistic about DOGE.
(also... "Can you believe this shit?" was a direct quote of the person I responded to)
^^^
Show me the "butthurt", please explain.

LOL, He means the guy you quoted.

[Viper1]

Does it occasionally take a long time for a transaction to confirm? It's been over 24 hours and a transaction of mine is sitting at only 6 peers.

Usually not, but it can happen if you paid no transaction fees.

I paid the 1. Does it also depend on the size of the transaction? This one was roughly 25k bytes in size.

The bigger the transaction, the bigger the tx fees should theoretically be. However, I always pay 1 doge and have never had any transfer problem.
Could you post the link in dogechain.info to your transaction?

I could, IF it was actually on there, but it's not at this point. Have been waiting for it to show up there as I'd then reset the Multidoge blockchain and see if it's just not showing up right in there. Multidoge now says it's up to 8 peers that have seen it. Few more hours and it will have been 48 hours since I initially sent it.

Ok, 6 days since this happened and today I reset my blockchain and transactions and it disappeared from my list. So does this mean I was somehow on a fork? It was saying 12 peers had seen the transaction, seemed to add 2 a day.

[ibukovec]

40 BTC sell of. Someone exited big on cryptsy. Dark days for Doge.
I hope it will survive.

[lynn_402]

40 BTC sell of. Someone exited big on cryptsy. Dark days for Doge.
I hope it will survive.

It has seen worse

This graph has been posted on Reddit, which shows the number of active adresses of Dogecoin, Bitcoin and Litecoin:

http://bitinfocharts.com/comparison/activeaddresses-btc-ltc-doge.html#3m

Dogecoin consistantly has about 150% the amount of active addresses that Litecoin has, and between 10 and 15% those of Bitcoin; which is good considering it has only 0.3% of its market cap.

[cryptotard]

Dogecoin consistantly has about 150% the amount of active addresses that Litecoin has, and between 10 and 15% those of Bitcoin; which is good considering it has only 0.3% of its market cap.

1. Tipping
2. Faucets