[ANN][LEAF] LEAFCOIN - Android wallet launched

[mcg]

please note that implementing kimoto will not save us from big pumpers ( trade whales ).....

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[mmilch]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Lets not pretend that because cryptocurrency has no "laws", that we can also set aside morality too.  As you, and many others would agree, these multipools are having nothing but a negative effect on any pottential coins growth.  Whether they kill it alltogether (which has happened to others) or just stunt it, its a negative effect.

A bank can refuse to accept a customers business, a bar can refuse to serve, everyone has the right to refuse service, even exchanges.

Individual miners or mining pools have zero power what so ever to stop this.  Developers could choose to implement gravity wells/quick difficulty retargetting, but ultimately the process of a huge pool vastly skewing the figures and then dumping in the market is counterproductive to the entire microeconomy of an individual coin.  The fact they play whack a mole with the whole range makes it even harder for any coin to become successful in its own right.  Thats why they all blend into one great big cloud of coins affectionatley termed "shitcoins" by many.

The only block between these multipools and them cashing out their gains, leaving a trail of high difficulty and low values, is the exchanges.   If an exchange took a stand and declared it would take any and all necessary actions to prevent multipools from trading there, many miners would go to it as an exchange of choice becasue they would feel somehow protected against the dumps.

As you say it is in the power of the community rid themselves of these multipools, but there is only so much that a single miner can do.

If you do what you have always done, you will get what you have always got.   If you dont do it, you will never know what would have happened if you did do it.   Its fairly simple to post a warning that any deposist from multipools will be held, and returned if confirmed that they came from a multipool.  A simple warning may be enough to disuade them, but unless somebody tries, we will never know.

So exchanges are police then?
If anyone sets artificial boundaries then its not a free market anymore, and once we cross that line....

Don't get me wrong, i think multipools are the scum of the earth, but there are measures coin developers can take. Gravity well.
I'm sure coinmarket would abide if the whole damn community decided that multipools should die, i would gladly put my vote for shutting them down.

country

This what we are talking about, is to set up some rules, not the limits. Eeach democratic system has some rules, otherwise it is total anarchy. Someone who brake the rules, should be just punished. Try to manipulate some share on the real stock exchange in democratic country, then you will see, how fast police will come to your house.

Multipools are like gangs(group of people collaborating towards a common goal) and society protects you against gangs. But it is like wn666 says, if we go down that road, when will it stop? I myself do not like regulations.

I'm pretty sure that it is inevitable, if we want to use cryptocurrencies as a full-fledged means of payment in the future. But there will be still huge advantage in compare to any other monetary system. That it is decentralized and resistant to the domestic law - for example - nobody can stop you to buy or sell someting in the other country, and government can not grab your money (like in the cyprus), if they are secured. Another advantage is that world community decide about the coin value, not just one person like Ben Bernanke in the Unites States.

[Equate]

please note that implementing kimoto will not save us from big pumpers ( trade whales ).....

How soon can it be implemented ?

[virtualdn]

Good News!

The faucet is back! Get your leafies!

Also please make some donations if possible. Thanks!

http://leafcoin.tk

Also make sure you print your wallet!

http://leafaddress.tk

[mcg]

please note that implementing kimoto will not save us from big pumpers ( trade whales ).....

How soon can it be implemented ?

i must do some research first...

[cryptoatc]

Well if noobs quit dumping, maybe it would be better for all...

[Alty]

Trouble is noobs buying at 22 sats then putting sell walls in at 26 sats.

Think of the children!!!

[pabloangello]

Trouble is noobs buying at 22 sats then putting sell walls in at 26 sats.

Think of the children!!!

It's free market, if they are satisfied with such a profit and don't want more it's their call. And this also has to happen couse another way who will buy during the way to the moon?

[Taborresen]

Maybe MCXNow is a place for LEAF.

The reopened for trading in v2.1


https://mcxnow.com/?r=taborresen

Maybe Crypsty?

[mcg]

we will be doing research this evening......

[stevenb]

we will be doing research this evening......

Current diff re-target is extremely good, any changes would kill the coin.

[One Six]

please note that implementing kimoto will not save us from big pumpers ( trade whales ).....

Can you please explain us what's the advantage of implementing Kimoto at this point?

[PeterPalmBeach]

we will be doing research this evening......

Current diff re-target is extremely good, any changes would kill the coin.

+1

[MysticDOGE]

Diff change every block with kitmoto. Prevents leaving a coin with a very high diff and (way) lower hashrate

Multipools do that.

[Last1212]

Diff change every block with kitmoto. Prevents leaving a coin with a very high diff and (way) lower hashrate

Multipools do that.

Fox coin has it and dying. Maybe some corrections in retarget time, but kimoto is too radical.

[stevenb]

Diff change every block with kitmoto. Prevents leaving a coin with a very high diff and (way) lower hashrate

Multipools do that.

Just work for small coins which nethash is not stable. None of big coins have diff changes everyblock. Doge, Litecoin and Leaf are different league.

All i can say that current retarget is very very good, diff increase/decrease just perfect when nethash up to 13ghs or down to 4ghs.

[Jilixi]

Diff change every block with kitmoto. Prevents leaving a coin with a very high diff and (way) lower hashrate

Multipools do that.

Just work for small coins which nethash is not stable. None of big coins have diff changes everyblock. Doge, Litecoin and Leaf are different league.

All i can say that current retarget is very very good, diff increase/decrease just perfect when nethash up to 13ghs or down to 4ghs.

dumbest thing ever, what if its suddenly drops from 13Ghash/s to 4 Ghash/sec, people still mining leaf are stuck with a higher diff for ~ 4 hours...

[stevenb]

Diff change every block with kitmoto. Prevents leaving a coin with a very high diff and (way) lower hashrate

Multipools do that.

Just work for small coins which nethash is not stable. None of big coins have diff changes everyblock. Doge, Litecoin and Leaf are different league.

All i can say that current retarget is very very good, diff increase/decrease just perfect when nethash up to 13ghs or down to 4ghs.

dumbest thing ever, what if its suddenly drops from 13Ghash/s to 4 Ghash/sec, people still mining leaf are stuck with a higher diff for ~ 4 hours...

Did any big coins suffer a major drop on nethash? If so Litecoin and Doge would have died long time ago. Big players think different!

[Jilixi]

Diff change every block with kitmoto. Prevents leaving a coin with a very high diff and (way) lower hashrate

Multipools do that.

Just work for small coins which nethash is not stable. None of big coins have diff changes everyblock. Doge, Litecoin and Leaf are different league.

All i can say that current retarget is very very good, diff increase/decrease just perfect when nethash up to 13ghs or down to 4ghs.

dumbest thing ever, what if its suddenly drops from 13Ghash/s to 4 Ghash/sec, people still mining leaf are stuck with a higher diff for ~ 4 hours...

Did any big coins suffer a major drop on nethash? If so Litecoin and Doge would have died long time ago. Big players think different!

Maybe you should stop comparing this to big coins, it is just the 15 minutes of fame it gets before block halving, a pump and dump copy of doge.

[Pattes]

Thev 26 BTC sell wall made me laugh for a second... then cry x)