Bitcoin Forum
May 05, 2024, 01:06:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 [360] 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 ... 676 »
  Print  
Author Topic: NA  (Read 893540 times)
BioMike
Legendary
*
Offline Offline

Activity: 1658
Merit: 1001


View Profile
December 29, 2014, 05:19:00 PM
 #7181

[
Hmm, one more problem when Clever gets kicked off the chain... Criptoe will get >50% of the hash rate.

This is a concern for sure, but there are at least 3 other active NLG pools, including the coiniumserv pool that was announced recently.  Understand this though... I don't have an interest in running away with the network.  Unlike CM, we don't need to worry if my pool breaks 50%... we just need to readjust and spread the hashes.

Recently, 24Kilo has expressed interest running pools.  Another member of our team, Vesperwillow, has run pools for testing and private mining.  I'll see if I can help either one of them get a pool up and running to give the community additional options.

I can move hashes around, but my point was to do this before DIGI kicks in.
1714871202
Hero Member
*
Offline Offline

Posts: 1714871202

View Profile Personal Message (Offline)

Ignore
1714871202
Reply with quote  #2

1714871202
Report to moderator
1714871202
Hero Member
*
Offline Offline

Posts: 1714871202

View Profile Personal Message (Offline)

Ignore
1714871202
Reply with quote  #2

1714871202
Report to moderator
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714871202
Hero Member
*
Offline Offline

Posts: 1714871202

View Profile Personal Message (Offline)

Ignore
1714871202
Reply with quote  #2

1714871202
Report to moderator
1714871202
Hero Member
*
Offline Offline

Posts: 1714871202

View Profile Personal Message (Offline)

Ignore
1714871202
Reply with quote  #2

1714871202
Report to moderator
WaterLooDown
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


View Profile
December 29, 2014, 05:25:03 PM
 #7182


This is a concern for sure, but there are at least 3 other active NLG pools, including the coiniumserv pool that was announced recently.  Understand this though... I don't have an interest in running away with the network.  Unlike CM, we don't need to worry if my pool breaks 50%... we just need to readjust and spread the hashes.

Recently, 24Kilo has expressed interest running pools.  Another member of our team, Vesperwillow, has run pools for testing and private mining.  I'll see if I can help either one of them get a pool up and running to give the community additional options.

-Fuse

Hey Fuse I remember Vesperwillow from tagcoin, also a great person to have in the Criptoe team. Smiley It's really good to see what awesome folks Guldencoin has behind it!

https://developer.gulden.com/blog/ - For the latest Gulden development updates
LTEX
Legendary
*
Offline Offline

Activity: 1023
Merit: 1000


ltex.nl


View Profile WWW
December 29, 2014, 05:57:42 PM
 #7183


And counting....

A fool will just look at the finger, even if it points to paradise!
24hralttrade
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


Community Liaison,How can i help you?


View Profile WWW
December 29, 2014, 06:55:36 PM
 #7184



Nederlands

De afgelopen weken hebben we de discussie omtrent de difficulty readjustment van dichtbij gevolgd en het is duidelijk geworden wat de volgende stap moet zijn. Nu is het tijd om die stap te zetten. De komende dagen zullen wij meer informatie hierover verstrekken. We zullen nauw samenwerken met ontwikkelaars in de community om ervoor te zorgen dat het een soepele overgang wordt.

Als je zorgen of bezwaren hebt, maak ze bekend op het officiele forum: https://forum.guldencoin.com/index.php?topic=745.0

English

For the last weeks we’ve been following the difficulty readjustment discussion closely and it is clear what the next step should be. Now its time to take that next step. In the coming days we will provide more information about this. We will work closely with developers in the community to make sure it will be a smooth transition.

If you have any concerns or objections please make them known at the official forum: https://forum.guldencoin.com/index.php?topic=745.0

Bump, because of new page and the most important topic today ofcourse  Wink

Good news! Im sure Digishield will do the job and if you have any questions the Digibyte team/community is willing to help you with the hardfork.

Want to see the Future of Retail omnichannel demo store powered by Digibyte & Tofugear teams?
Please feel free to contact me if you have anything to report or you have any questions.
Sharkzz1
Sr. Member
****
Offline Offline

Activity: 880
Merit: 251


Think differently


View Profile
December 29, 2014, 09:36:58 PM
 #7185

Best christmas present ever!! Grin
biscayne
Newbie
*
Offline Offline

Activity: 34
Merit: 0


View Profile WWW
December 29, 2014, 11:24:19 PM
 #7186

Congratulations great decision !
Go Guldencoin.
bram_vnl
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile
December 30, 2014, 12:07:40 AM
 #7187

new look / lay-out is online (beta)



http://www.guldencoinlinks.nl
24Kilo
Sr. Member
****
Offline Offline

Activity: 672
Merit: 250


View Profile
December 30, 2014, 07:41:25 AM
 #7188

Community Alert!!!

Digishield is not going to be a magic bullet against Clevermining. In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time.

If Clevermining hits the NLG network with 10x or 20x hash-rate of the base nethash, the difficulty will hit 10x or 20x in a blink. Digishield deals very aggressively with hash-rate spikes, and when Clevermining exits, taking the hash-rate with them, the network is going to be 'stuck' at a very high difficulty.

This Digishield doing its job, reacting quick enough to make it unprofitable to attack the network with high hash-rate.

No one knows how Clevermining or its profitability algo will react to this change. Terk may continue to test the network looking for a way to get coins at a discount. Depends on the tenacity of the Clevermining team as to how many cycles the network has to go through till Clevermining discovers how to best handle the changed diff algo. Do not expect Clevermining to go quietly, NLG has been their cash cow for many months.

I am expecting new record highs of difficulty and some long, grinding sessions before the network achieves equilibrium. What I don't expect to see is false difficulty lows and Clevermining minting the majority of the blocks in a 24hr period by attacking. If Terk decides to park 20x hash-rate on the NLG network for a few days or weeks, Clevermining will own the NLG network by brute force, but not at a discount as they have been.

The NLG dev team and community need to have realistic expectations of the upcoming difficulty algo change and the above is what I expect to happen.
WaterLooDown
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


View Profile
December 30, 2014, 07:45:32 AM
 #7189

new look / lay-out is online (beta)



http://www.guldencoinlinks.nl

Nice one Bram!

https://developer.gulden.com/blog/ - For the latest Gulden development updates
BioMike
Legendary
*
Offline Offline

Activity: 1658
Merit: 1001


View Profile
December 30, 2014, 08:00:15 AM
 #7190

Community Alert!!!

Digishield is not going to be a magic bullet against Clevermining. In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time.

If Clevermining hits the NLG network with 10x or 20x hash-rate of the base nethash, the difficulty will hit 10x or 20x in a blink. Digishield deals very aggressively with hash-rate spikes, and when Clevermining exits, taking the hash-rate with them, the network is going to be 'stuck' at a very high difficulty.

This Digishield doing its job, reacting quick enough to make it unprofitable to attack the network with high hash-rate.

No one knows how Clevermining or its profitability algo will react to this change. Terk may continue to test the network looking for a way to get coins at a discount. Depends on the tenacity of the Clevermining team as to how many cycles the network has to go through till Clevermining discovers how to best handle the changed diff algo. Do not expect Clevermining to go quietly, NLG has been their cash cow for many months.

I am expecting new record highs of difficulty and some long, grinding sessions before the network achieves equilibrium. What I don't expect to see is false difficulty lows and Clevermining minting the majority of the blocks in a 24hr period by attacking. If Terk decides to park 20x hash-rate on the NLG network for a few days or weeks, Clevermining will own the NLG network by brute force, but not at a discount as they have been.

The NLG dev team and community need to have realistic expectations of the upcoming difficulty algo change and the above is what I expect to happen.

Clever taking >50% and long block times.... or Clever only causing long block times. I would prefer the latter.
Dutchyyy
Legendary
*
Offline Offline

Activity: 1197
Merit: 1001



View Profile
December 30, 2014, 08:05:38 AM
 #7191

Community Alert!!!

Digishield is not going to be a magic bullet against Clevermining. In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time.

If Clevermining hits the NLG network with 10x or 20x hash-rate of the base nethash, the difficulty will hit 10x or 20x in a blink. Digishield deals very aggressively with hash-rate spikes, and when Clevermining exits, taking the hash-rate with them, the network is going to be 'stuck' at a very high difficulty.

This Digishield doing its job, reacting quick enough to make it unprofitable to attack the network with high hash-rate.

No one knows how Clevermining or its profitability algo will react to this change. Terk may continue to test the network looking for a way to get coins at a discount. Depends on the tenacity of the Clevermining team as to how many cycles the network has to go through till Clevermining discovers how to best handle the changed diff algo. Do not expect Clevermining to go quietly, NLG has been their cash cow for many months.

I am expecting new record highs of difficulty and some long, grinding sessions before the network achieves equilibrium. What I don't expect to see is false difficulty lows and Clevermining minting the majority of the blocks in a 24hr period by attacking. If Terk decides to park 20x hash-rate on the NLG network for a few days or weeks, Clevermining will own the NLG network by brute force, but not at a discount as they have been.

The NLG dev team and community need to have realistic expectations of the upcoming difficulty algo change and the above is what I expect to happen.

Clever taking >50% and long block times.... or Clever only causing long block times. I would prefer the latter.

It's a real pity the simulator is not ready but I can see why you advised to decrease the block times to 75 seconds as it would reduce the long block times by 100%.
Bluestreet
Legendary
*
Offline Offline

Activity: 988
Merit: 1000


View Profile
December 30, 2014, 08:42:20 AM
 #7192

Community Alert!!!

Digishield is not going to be a magic bullet against Clevermining. In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time.

If Clevermining hits the NLG network with 10x or 20x hash-rate of the base nethash, the difficulty will hit 10x or 20x in a blink. Digishield deals very aggressively with hash-rate spikes, and when Clevermining exits, taking the hash-rate with them, the network is going to be 'stuck' at a very high difficulty.

This Digishield doing its job, reacting quick enough to make it unprofitable to attack the network with high hash-rate.

No one knows how Clevermining or its profitability algo will react to this change. Terk may continue to test the network looking for a way to get coins at a discount. Depends on the tenacity of the Clevermining team as to how many cycles the network has to go through till Clevermining discovers how to best handle the changed diff algo. Do not expect Clevermining to go quietly, NLG has been their cash cow for many months.

I am expecting new record highs of difficulty and some long, grinding sessions before the network achieves equilibrium. What I don't expect to see is false difficulty lows and Clevermining minting the majority of the blocks in a 24hr period by attacking. If Terk decides to park 20x hash-rate on the NLG network for a few days or weeks, Clevermining will own the NLG network by brute force, but not at a discount as they have been.

The NLG dev team and community need to have realistic expectations of the upcoming difficulty algo change and the above is what I expect to happen.

Clever taking >50% and long block times.... or Clever only causing long block times. I would prefer the latter.

It's a real pity the simulator is not ready but I can see why you advised to decrease the block times to 75 seconds as it would reduce the long block times by 100%.

I welcome the change but as for expectations: Once the price goes over 1000 you can expect Clevermining to have over 50% of the hash again BUT as long as they on a more even playing field then they currently are now. I doubt anyone minds that they mining Guldencoin the problem is they not playing fair and have caused dedicated miners to move elsewhere.
Once things are more fair I think we will see more dedicated miners come back and stay for the longterm.

The above should be the most important requirement about the change and not whether clevermining still mines Guldencoin, in fact we need clevermining to sell coins as cheap as possible for more people to get in at good prices and also contribute to this AMAZING community.
Digithusiast
Hero Member
*****
Offline Offline

Activity: 886
Merit: 504



View Profile
December 30, 2014, 08:48:11 AM
 #7193

24Kilo quote: "In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time."
That really does not sound good.

BioMike
Legendary
*
Offline Offline

Activity: 1658
Merit: 1001


View Profile
December 30, 2014, 09:40:56 AM
 #7194

24Kilo quote: "In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time."
That really does not sound good.

Depends on what "long periods of time" are. Check http://nlgstats.iblogger.org/ and see that recently the gap time has been 68 minutes as longest. That is less that before that (where long was multiple hours), if it doesn't become worse than those 68 minutes, I'm more than happy with it.
LTEX
Legendary
*
Offline Offline

Activity: 1023
Merit: 1000


ltex.nl


View Profile WWW
December 30, 2014, 10:41:31 AM
 #7195

I want to thank 24Kilo for giving us a fair warning about the expected short term downfall Digi might bring. This doesn't mean it will fail, it means the network (and our frame of mind) needs to adjust first. In the end, I think Clever and other MP's will drop their brutal (short) attacks and move on to other profitable coins. Let's give it some time...

I also think the other suggestions of 24Kilo might smoothen things better as well. I'll leave that up to Geert-Johan though, he is the one that knows best.

We're moving in the right direction Gents!

A fool will just look at the finger, even if it points to paradise!
bram_vnl
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile
December 30, 2014, 10:44:52 AM
 #7196

http://bitcoingarden.tk/forum/index.php?topic=2395.0
veertje
Legendary
*
Offline Offline

Activity: 952
Merit: 1000


View Profile
December 30, 2014, 10:52:36 AM
Last edit: December 30, 2014, 12:10:21 PM by veertje
 #7197

24Kilo quote: "In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time."
That really does not sound good.

Depends on what "long periods of time" are. Check http://nlgstats.iblogger.org/ and see that recently the gap time has been 68 minutes as longest. That is less that before that (where long was multiple hours), if it doesn't become worse than those 68 minutes, I'm more than happy with it.

I think Clever will leave or lower their hashrate drasticly in time. Needs a few days or a few weeks, who knows. Maybe their total hashrate will lower to 1 GH/s again soon instead of 10 GH/s now at these prices. Dedicated miners will take over again and it will be much more profitable for dedicated miners to rent hash or to mine. That will even further lower the Clever influence in time.

Other possibility is that Clever holds on for battle as priority, not profits as priority and raise their hashpower. But that won't be for long, I think.

I also think the 2.5 minutes blocktime is a big factor in readjustment time of the newtork, reacting on diff spikes. Would have been good to have tested the 75 sec. blocktime. Also the discussion of changing some parameters in DGW3 was there a few months ago, but Digishield seems better after the tests.

So I support the Digishield for now, because waiting took too long for dedicated miners.
strataghyst
Sr. Member
****
Offline Offline

Activity: 393
Merit: 250


View Profile
December 30, 2014, 12:10:17 PM
 #7198

Lady's and gentlemen I've got them!



Tanks for the extras LTEX  Wink
patrickkivits
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile WWW
December 30, 2014, 12:15:48 PM
 #7199

Me too!

https://pbs.twimg.com/media/B6GXCyYCUAEwrLu.jpg
bram_vnl
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile
December 30, 2014, 12:20:39 PM
 #7200

i'm waiting for the coin  Undecided
Pages: « 1 ... 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 [360] 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 ... 676 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!