[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield

[sq]

Great coin!





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[maxsinner]

I hate that fat scum, but Bryce Weiner was right about one thing - NAUT is going to separate the men from the boys.

[jjj0923]

we need more volume, this is getting depressing.

I expected this thing to hit .001337 a long time ago.

Patience is a virtue. Hold for now and wait. Isolating to one coin is a bad idea. Always diversify consolidation is only worthwhile when preparing to sell your way out. I expect this coin to hit more than that eventually though.

Hey im not mad at all just surprised we went from 3k btc volume to 68 btc.

I never put all my eggs in one basket, but yes I had to keep buying more to sell my way out.

Just saying there was big purchase the other day, I thought we would be headed up by now.

I'm with you.. i keep adding a little more every day in addition to what i've mined in the past.

[coin-table]

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[jjj0923]

Hi,

I'm running the site http://www.crypto-coins-table.com.

- 646 coins indexed so far (28th May 2014)
- providing detailed charts on pricing and volume
- capitalisation listing
- top and flop coins
- many filters to analyse

personalized features
- create individual watchlists
- track your coins value and compare

I have listed your coin already. To provide the full information
on your coin for all users, please use the update function.


thanks
---
PS: contact me, if you would like to join the team

ugh - that green on green color has GOT TO GO!

ewww.

[Bluestreet]

I think it might drop to 5000 or below.

Not much going for the coin and it definitely isn't stable.

[maxsinner]

I think it might drop to 5000 or below.

Not much going for the coin and it definitely isn't stable.

People just need a few more details about the PoS transition and they will start investing again.

[jjj0923]

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

[Pyramusx]

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

[jjj0923]

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

digishield is supposed to get difficulty back down to normal levels after the multipools are done reaking havoc but it does not seem like that's the case...

[FlyingMongoose]

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

digishield is supposed to get difficulty back down to normal levels after the multipools are done reaking havoc but it does not seem like that's the case...

There is still at least one multipool pointed at it...

[jjj0923]

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

digishield is supposed to get difficulty back down to normal levels after the multipools are done reaking havoc but it does not seem like that's the case...

There is still at least one multipool pointed at it...

have no idea why because doge is almost twice as profitable to mine

[n3rfherder]

ipominer is still pointed at naut. 

but ya...no clue why, anything else would be better

[jjj0923]

ipominer is still pointed at naut. 

but ya...no clue why, anything else would be better

that's exactly why I don't use multi pools or ipominer - they're returns are horrible.

[FlyingMongoose]

Well, the block explorer from first post isn't working and noone cared to fix that for a week or so. But what I really would like to know is - Why does NAUT have ~2,7mln coins atm when according to the specs there should be over 6mln mined already?

http://nautinsight.buddylabsapps.com/ at least this block explorer says so, at the time I'm writing this, we're at 17000th block, 17000*159 is ~2,7mln

The drastically increased difficulty thanks to multipools caused block discovery to take longer, add on the 1% reduction per week and that should answer your question.

This is an example of digishield doing its job.

[jjj0923]

Well, the block explorer from first post isn't working and noone cared to fix that for a week or so. But what I really would like to know is - Why does NAUT have ~2,7mln coins atm when according to the specs there should be over 6mln mined already?

http://nautinsight.buddylabsapps.com/ at least this block explorer says so, at the time I'm writing this, we're at 17000th block, 17000*159 is ~2,7mln

The drastically increased difficulty thanks to multipools caused block discovery to take longer, add on the 1% reduction per week and that should answer your question.

This is an example of digishield doing its job.

well not exactly

we had these kinds of difficulty levels when network hash rates were over 5 GHS and they're still the same.

[FlyingMongoose]

Well, the block explorer from first post isn't working and noone cared to fix that for a week or so. But what I really would like to know is - Why does NAUT have ~2,7mln coins atm when according to the specs there should be over 6mln mined already?

http://nautinsight.buddylabsapps.com/ at least this block explorer says so, at the time I'm writing this, we're at 17000th block, 17000*159 is ~2,7mln

The drastically increased difficulty thanks to multipools caused block discovery to take longer, add on the 1% reduction per week and that should answer your question.

This is an example of digishield doing its job.

well not exactly

we had these kinds of difficulty levels when network hash rates were over 5 GHS and they're still the same.

We saw ~600~700 diff, we're at ~180.

[smak]

there were points over 1000 difficulty, but the network volume supported it.

its currently fluctuating between 120 diff and 350 with a network volume of between 2.5Gh/s and 5Gh/s.

unless you want 5 minute block average at best this does not equate.

the stuck blocks have nothing to do with my pool specifically.. they are network blocks that are not solved, or passed for hours at a time and they happen multiple times a day with NAUT.

[PilotofBTC]

there were points over 1000 difficulty, but the network volume supported it.

its currently fluctuating between 120 diff and 350 with a network volume of between 2.5Gh/s and 5Gh/s.

unless you want 5 minute block average at best this does not equate.

the stuck blocks have nothing to do with my pool specifically.. they are network blocks that are not solved, or passed for hours at a time and they happen multiple times a day with NAUT.

There is no doubt there is a flaw in the difficulty re-targeting. The blocks should take 1 minute based on the coin specs no matter the net has rate. Digishield isn't supposed to slow down the blocks.

The slow block time will hurt the coin since one of it's selling points is fast confirms.

[FlyingMongoose]

there were points over 1000 difficulty, but the network volume supported it.

its currently fluctuating between 120 diff and 350 with a network volume of between 2.5Gh/s and 5Gh/s.

unless you want 5 minute block average at best this does not equate.

the stuck blocks have nothing to do with my pool specifically.. they are network blocks that are not solved, or passed for hours at a time and they happen multiple times a day with NAUT.

There is no doubt there is a flaw in the difficulty re-targeting. The blocks should take 1 minute based on the coin specs no matter the net has rate. Digishield isn't supposed to slow down the blocks.

The slow block time will hurt the coin since one of it's selling points is fast confirms.

Do you believe a fork will be necessary to resolve this? I would personally kind of expect so, especially if there's plans for proof of stake.