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thsminer
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September 20, 2014, 06:02:49 PM
 #4541

Just some brainstorming... Is it possible to have a maturation time dependent on the difficulty? So, lower difficulty => longer maturation time for that block. High difficulty => short maturation time. (This could induce some extra fluctuations on the market price though).

This would induce a problem when the diff rises organically. The confirmations would lower and lower over time.

Not if you take the average diff of x blocks and use the deviation from that to calculate a difference from a base maturation time.

True. And to answer your initial question the answer is yes. In the BTM code its fixed to 720 initialy but nothing prevents manipulating that value.
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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ny2cafuse
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September 20, 2014, 07:03:45 PM
 #4542

I had a conversation with Kilo after he posted the BTM post.  In our discussion, he explained why BTM is a killer solution to the problems coins face with swings in hashrate and difficulty.  I'll give it this much, it's a brilliant approach to solving the problem.  However, it's an algorithm that is good from launch onward, not something you set midstream.  DGW3, Digishield, etc. don't alter the base mechanics/dynamics of the coin.  They only alter the process of accepting blocks into the chain.  Additionally, they don't require a hardfork.  The BTM solution needs a hardfork, and it changes major aspects of the coin.  As stated above, you're looking at around a 24 hour confirmation time with it.  That's a lot of time in which something could happen to the blockchain.  Maybe I'm daft, but I just don't see the benefit of the BTM solution over something like DGW3 or Digishield.

It's all going to even out mining in the end.  I say do whatever has the least amount of impact on the coin as a whole.  IMO, DGW3 or Digishield does that.

-Fuse

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Svener
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September 20, 2014, 07:32:42 PM
 #4543

I had a conversation with Kilo after he posted the BTM post.  In our discussion, he explained why BTM is a killer solution to the problems coins face with swings in hashrate and difficulty.  I'll give it this much, it's a brilliant approach to solving the problem.  However, it's an algorithm that is good from launch onward, not something you set midstream.  DGW3, Digishield, etc. don't alter the base mechanics/dynamics of the coin.  They only alter the process of accepting blocks into the chain.  Additionally, they don't require a hardfork.  The BTM solution needs a hardfork, and it changes major aspects of the coin.  As stated above, you're looking at around a 24 hour confirmation time with it.  That's a lot of time in which something could happen to the blockchain.  Maybe I'm daft, but I just don't see the benefit of the BTM solution over something like DGW3 or Digishield.

It's all going to even out mining in the end.  I say do whatever has the least amount of impact on the coin as a whole.  IMO, DGW3 or Digishield does that.

-Fuse

I am also happy to see the devs are looking at DGW3, most scrypt coins just do digishield because it is the easier option. I don't see any normal scrypt coins with dgw3? So it might make NLG unique in some weird way. Smiley
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September 20, 2014, 07:44:17 PM
 #4544

I had a conversation with Kilo after he posted the BTM post.  In our discussion, he explained why BTM is a killer solution to the problems coins face with swings in hashrate and difficulty.  I'll give it this much, it's a brilliant approach to solving the problem.  However, it's an algorithm that is good from launch onward, not something you set midstream.  DGW3, Digishield, etc. don't alter the base mechanics/dynamics of the coin.  They only alter the process of accepting blocks into the chain.  Additionally, they don't require a hardfork.  The BTM solution needs a hardfork, and it changes major aspects of the coin.  As stated above, you're looking at around a 24 hour confirmation time with it.  That's a lot of time in which something could happen to the blockchain.  Maybe I'm daft, but I just don't see the benefit of the BTM solution over something like DGW3 or Digishield.

It's all going to even out mining in the end.  I say do whatever has the least amount of impact on the coin as a whole.  IMO, DGW3 or Digishield does that.

-Fuse

I am also happy to see the devs are looking at DGW3, most scrypt coins just do digishield because it is the easier option. I don't see any normal scrypt coins with dgw3? So it might make NLG unique in some weird way. Smiley

Easy/effective.  Pretty much why most coins go with it.

-Fuse

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September 20, 2014, 09:08:21 PM
 #4545

I had a conversation with Kilo after he posted the BTM post.  In our discussion, he explained why BTM is a killer solution to the problems coins face with swings in hashrate and difficulty.  I'll give it this much, it's a brilliant approach to solving the problem.  However, it's an algorithm that is good from launch onward, not something you set midstream.  DGW3, Digishield, etc. don't alter the base mechanics/dynamics of the coin.  They only alter the process of accepting blocks into the chain.  Additionally, they don't require a hardfork.  The BTM solution needs a hardfork, and it changes major aspects of the coin.  As stated above, you're looking at around a 24 hour confirmation time with it.  That's a lot of time in which something could happen to the blockchain.  Maybe I'm daft, but I just don't see the benefit of the BTM solution over something like DGW3 or Digishield.

It's all going to even out mining in the end.  I say do whatever has the least amount of impact on the coin as a whole.  IMO, DGW3 or Digishield does that.

-Fuse

I am also happy to see the devs are looking at DGW3, most scrypt coins just do digishield because it is the easier option. I don't see any normal scrypt coins with dgw3? So it might make NLG unique in some weird way. Smiley

Easy/effective.  Pretty much why most coins go with it.

-Fuse

We won't be the first Scrypt coin with DGW3, there are at least 3 others.
The fun thing about the diff re-adjustment algo (digi, DGW3) is that it does not have to know the hashing algorithm (scrypt, X11). It simply modifies the difficulty by a factor, the factor is calculated based on the target time for the past n blocks (nTargetTimespan), and the actual time for the past n blocks (nActualTimespan). The factor is applied to the average difficulty for the past n blocks (PastDifficultyAverage and bnNew).

I've made a gist to make it easy for you guys to read the code: https://gist.github.com/GeertJohan/b28da8105babf0553f21

So basically the parameters that can be changed are the max/min factor applied (lines 56 to 61 in the gist) and the number of blocks that are taken into the calculation (lines 12,13 in the gist).
I'm looking into that and have asked Evan (DGW author) for comments.
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September 20, 2014, 09:57:01 PM
 #4546

We won't be the first Scrypt coin with DGW3, there are at least 3 others.
The fun thing about the diff re-adjustment algo (digi, DGW3) is that it does not have to know the hashing algorithm (scrypt, X11). It simply modifies the difficulty by a factor, the factor is calculated based on the target time for the past n blocks (nTargetTimespan), and the actual time for the past n blocks (nActualTimespan). The factor is applied to the average difficulty for the past n blocks (PastDifficultyAverage and bnNew).

I've made a gist to make it easy for you guys to read the code: https://gist.github.com/GeertJohan/b28da8105babf0553f21

So basically the parameters that can be changed are the max/min factor applied (lines 56 to 61 in the gist) and the number of blocks that are taken into the calculation (lines 12,13 in the gist).
I'm looking into that and have asked Evan (DGW author) for comments.

Damn, you read my mind.  I was tempted to ask for a link to the DGW3 code, but I was like, "don't be lazy, Fuse... just go look for it".  Then I got lazy, and forgot to look.

+1 for reading my mind.  Grin

-Fuse

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bram_vnl
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September 21, 2014, 07:17:16 AM
 #4547

good morning
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September 21, 2014, 07:21:50 AM
 #4548

Excellent work Mark! Do we get updates now and then?
I have set aside 20K NLG to support mining the 'hard blocks' for 10 days. I hope it's enough until the conformation time is more stable.
I'll donate 2000 NLG per day to anyone that close the longest gap.
Exceptions:
- The closed gap must be at least 60 minutes
- That address hasn't received a blockreward in previous 15 blocks where the time to find was less than a minute.

I presume pooladmins will distribute it after taking the normal pool fee. They may give it to the block finder or distribute it under the contributors or a combination of that.

Let's start with sept 16:
GgiTmq thank you for finding block 118414. You helped the Guldencoin network a lot. I donate 2000 NLG for that.
GLgBPz, GKaP57 and Gcpzph thank you for finding block 119148. You did a great job. Pro ratio I donate 42.69012692, 1957.30987306 and 0.00000002 NLG.

Very cool of you to reward the ones solving the hard blocks!  Instead of posting the table you requested here it will be uploaded daily to http://nlgstats.iblogger.org (free webhost with ftp) 

--Mark

It looks like the workaround measures have a positive effect on the longest confirmation time for now, although GfWGA still takes around 90% of generated new coins.
+--------------------------------------------------+---------------------------------+
|         NLG blocks mined per day                    |  longest block gap of the day |
+---------+---------+-------------+-------------+-----------+---------------------+
|   date    | total #  |  Gf7wGA # | Gf7wGA % |   block     |        gap               |
+---------+---------+-------------+-------------+-----------+---------------------+
| Sept 16 |   572    |    542        |  94.76%     |   118414  |    278 minutes      |
| Sept 17 |   543    |    505        |  93.00%     |   119148  |    103 minutes      |
| Sept 18 |   585    |    553        |  94.53%     |   119477  |    110 minutes      |
| Sept 19 |   580    |    543        |  93.62%     |   120445  |     18 minutes       |
| Sept 20 |   593    |    508        |  85.67%     |   121096  |     24 minutes       |

bram_vnl
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September 21, 2014, 07:28:54 AM
 #4549

i don't get it why this topic is locked https://bitcointalk.org/index.php?board=147.0
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September 21, 2014, 07:32:54 AM
 #4550

Timeline updated:

https://timeline.guldencoin.com/

https://developer.gulden.com/blog/ - For the latest Gulden development updates
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September 21, 2014, 08:10:17 AM
Last edit: September 21, 2014, 08:30:16 AM by Buerra
 #4551

i don't get it why this topic is locked https://bitcointalk.org/index.php?board=147.0

Edit: Edited in light of new information Wink
veertje
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September 21, 2014, 08:18:28 AM
Last edit: September 21, 2014, 08:29:33 AM by veertje
 #4552

i don't get it why this topic is locked https://bitcointalk.org/index.php?board=147.0

Because PsychoticBoy = the Dutch moderator of that section and doesn't like NLG. Don't worry about it Bram Wink You can always start a new topic with good and awesome NLG news.

Never thought about that it could be seen as negative, so I unlocked it again  Wink
I locked it, because I thought it was just an announcement from me there, so no reactions needed anymore.
By the way, leave the discussion about "the other coin" there. Some are trying to be negative on NLG as well, don't give it attention that much. We post only positive things.
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September 21, 2014, 08:29:58 AM
 #4553

i don't get it why this topic is locked https://bitcointalk.org/index.php?board=147.0

Because PsychoticBoy = the Dutch moderator of that section and doesn't like NLG. Don't worry about it Bram Wink You can always start a new topic with good and awesome NLG news.

I locked it, because I thought it was just an announcement from me there, so no reactions needed anymore. Never thought about that it could be seen as negative, so I unlocked it again  Wink
By the way, leave the discussion about "the other coin" there. Some are trying to be negative on NLG as well, don't give it attention that much. We post only positive things.

I saw that, but I ignore it
Buerra
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September 21, 2014, 08:31:02 AM
 #4554

i don't get it why this topic is locked https://bitcointalk.org/index.php?board=147.0

Because PsychoticBoy = the Dutch moderator of that section and doesn't like NLG. Don't worry about it Bram Wink You can always start a new topic with good and awesome NLG news.

Never thought about that it could be seen as negative, so I unlocked it again  Wink
I locked it, because I thought it was just an announcement from me there, so no reactions needed anymore.
By the way, leave the discussion about "the other coin" there. Some are trying to be negative on NLG as well, don't give it attention that much. We post only positive things.

Apologies then Smiley
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September 21, 2014, 08:34:48 AM
 #4555

i don't get it why this topic is locked https://bitcointalk.org/index.php?board=147.0

Because PsychoticBoy = the Dutch moderator of that section and doesn't like NLG. Don't worry about it Bram Wink You can always start a new topic with good and awesome NLG news.

Never thought about that it could be seen as negative, so I unlocked it again  Wink
I locked it, because I thought it was just an announcement from me there, so no reactions needed anymore.
By the way, leave the discussion about "the other coin" there. Some are trying to be negative on NLG as well, don't give it attention that much. We post only positive things.

Apologies then Smiley

I made a loss on the other coin but once it was determined a scam then there is no going back for me. I stick with NLG all the way now! I do feel sorry for some people like E..maniak who hold over 50% of the coins and can understand that he wants to get his money back.

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Buerra
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September 21, 2014, 08:49:59 AM
 #4556

So for this Sunday, it's early and people are probably hungover. 202 sigs on the petition. Let's get some more and up it to at least 1000 Cheesy
bram_vnl
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September 21, 2014, 09:09:27 AM
 #4557

Vote guldencoin please on this 2 website's



http://clevercoin.ideascale.com/a/dtd/Guldencoin-at-this-dutch-exchange/53184-28661
Buerra
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September 21, 2014, 10:03:33 AM
 #4558

Much appreciated HCM, thank you!
Glen Hoddle
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September 21, 2014, 10:28:16 AM
 #4559

Is there any desire from the community to get Gulden on https://www.coinpayments.net/home?

I'm sure this community could easily achieve this.
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September 21, 2014, 10:35:23 AM
 #4560

New Guldenoin website! 100 NLG for free

Hello all,

Currently I'm working on http://www.guldencoinstart.com/. It's a Dutch site about the Guldencoin and I'm adding lots of more information.

Goal is to spread the word and introduce people to the coin.

If you subscribe to the newsletter you receive 100 NLG for free. For now 100% Dutch newsletters, but feel free to sign up.
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