I was elsewhere, sorry for not having followed this thread. Hello to everyone
I have been continuing to give away my coin2.
C2 is a very nice vehicle for explaining cryptocurrencies, especially because it allows for a gift economy.
Our game is: We give away an initial sum to a friend who installs the wallet.
If (s)he is able to give them all away to new users ... then we double the initial sum.
The coin is spreading ...
Unfortunately, it is not as secured as other currencies:
Today I read in
this blog of bittrex:
Apr 7th From: Bill
C2 wallets and markets suspended.
We are seeing some abnormal behavior on the C2 blockchain, we are supending activity on C2 as a safety precaution.
Please give me an update about the status of plans for the security of this coin.
A quick search resulted in this:
Bittrex and Poloniex have suspended C2 trading because of blockchain issue.
24 hours ago and they are still unconfirmed!
I like this idea, I do not know enough about PoS, but it seems to make sense for C2:
... if this coin was POS and that would secure the chain more too!
I have been pointing to it early that PoW coins need hashrate:
A big problem is that the network mining C2 is so thin, by construction (no reward = no incentive to secure the network). If you don't want to introduce a block reward for coin2 ... perhaps you want to set a minimum transaction fee, so that miners are actually rewarded at least a little bit - then you have a chance of a sustainably growing network. It's worth the discussion, what is best for this coin long-term.
The hashpower on this coin is really really low.
How do you want to secure the network?
This is dangerous:
7/4/2014 19:10:45
{
"blocks" : 30909,
"difficulty" : 0.06027753,
"networkhashps" : 2209902,
}
11.3.2014 13:08 UTC:
{
"blocks" : 16003,
"difficulty" : 0.40260107,
"networkhashps" : 6227274,
}
7.3.2014 21:52 UTC:
{
"blocks" : 13088,
"difficulty" : 0.11457128,
"networkhashps" : 7195027,
}
getmininginfo
19:15:34
{
"blocks" : 8833,
"difficulty" : 0.05373082,
"networkhashps" : 1535239,
}