I got my first block, goodness, this is quite a hard coin to mine! The difficulty is now more than 500, can't believe my luck.
Nice! Bear in mind you got your own block solo mining in less than 12 hours. Try doing that with BTC, even with 5 fast GPUs, and let me know how you get on
Because GUI improvements were amongst the biggest of worries when the blockchain was locked down for weeks on end.
Well yes and no, of course a nice GUI is important, crypto currencies will live and die by how many people use them. Of course we need and want to support the Linux CLI crowd, which is why there's a Linux daemon version as well as a GUI version. However, 95%+ of computer users are running Windows and are accustomed to reliable, easy to use programs with a friendly GUI. To gain mass adoption from those 95% you need a quality GUI.
Having said that, GUI development is a very small part of what has changed in Solidcoin. Bigger changes of more importance were:
- Blockchain attack protection, including 51% and various others
- CPU hashing algorithm and built-in miner with equal performance on Windows / Linux
- Coin Protection Fund implementation
and various other cool features. These of course took precedent over the GUI improvements, which are actually fairly minor. Expect a much nicer looking client in the future.
The only way Coinhunter saves any face and a chance of life for SC 2.0 is to claim a huge design flaw and restart. With 372,000 coins printed in less than 7 hours, that will easily grow to over a million in the first 24 hours, What do you think this just did to the value of Solidcoin 1.0 crossovers? Even CH's premined 1 Million is now diluted.
Nevermind SC20 favors early adopters at 10X factor more than Bitcoin ever did. What happen to the non early adopter advantage?
Restart is the only option or this fork is dead.
Ok, this is obviously a troll post, but quite a funny one so I thought I'd take the time to respond to it in full.
Actually, I think 750k coins generated in the 24 hours is about where we will end up. At the time of writing, approximately 12 hours in, we are at difficulty 883 with 14650 blocks generated or 469312 coins. This large number in such a short time is purely due to the huge number of mining peers we have connected, over 1000 at last count, which I think is close to 25% of what Bitcoin has, with no sign of the adoption rate slowing.
As you know, the very start of a Blockchain is a unique time where a lot of blocks get generated, as you have a lot of people mining at a low difficulty. This is true of all coins to date with the exception of Bitcoin, as nobody knew what the fuck a Bitcoin was when that was launched, so Satoshi generated all the easy early coins for himself. As difficulty goes up, block generation speed goes down. Since the chain started at difficulty 8, the first 24 hours are the "best" time to mine, as blocks are generated easiest when the difficulty is lowest.
Of course there is an advantage for those people mining in the first week or month, that's true of any CryptoCoin. However, I beleive that Solidcoin 2.0 is the least "early adopter friendly" coin to date. Thanks to all the free publicity we got from trolls, there were so many early adopters right from the get go that nobody really had a chance to accumulate a vast fortune cheaply. Also, the fast difficulty retargets mean that the window of opportunity for anyone to easily accumulate a lot of coins mining is very small, much smaller than any other coin to date.
As you also know, the 1.1 million pre-mined coins represent the coins from the old 1.04 Blockchain. When the Solidcoin Block Explorer comes online, you will be able to see what has happened to them, but I'll give you a sneak preview: They have all been transferred back to their original owners from Solidcoin 1.04 (with the exception of those that were lost on the Mooncoin exchange which will be handled by a separate process later on). As I mentioned in my earlier post, everyone I've spoken to so far has been successful in importing their old wallet.dat from Solidcoin 1.04 and has access to their old coins.
If the target is 180s/blk, then looks like there is quite a ways to go. How you think 5s blocks are 'normal' this long after launch is beyond me. Even TBX (which had a much-less hyped launch) reached equilibrium within the first 12hrs or so (I think).
Indeed there is a ways to go, we are only 12 hours in. Short blocks are indeed normal for this stage in the blockchain, especially when you have so many people mining as hard and as fast as they can. The Tenebrix client (RIP) was an ugly mess, not many people installed it, hence the quick stabilisation of block generation rate for that project. It simply didn't have the mass adoption and hashing power behind it that SC2 does.
So, ladies and gentletrolls, it does appear that RealSolid has delivered on every promise he has made to date, and exceeded all expectations in the process.