[ANN][DVK] DvoraKoin Multi-Algo SHA/SCRYPT/GROESTL (Now On 4 Exchanges!)

[LTCMAXMYR]

i need node

[ajeef]

addnode=162.248.4.167
addnode=198.50.219.220
addnode=5.231.60.198
addnode=192.99.3.15
addnode=212.129.1.77
addnode=88.125.173.33

[DvoraKoinDev]

addnode=162.248.4.167
addnode=198.50.219.220
addnode=5.231.60.198
addnode=192.99.3.15
addnode=212.129.1.77
addnode=88.125.173.33

Thanks for the extra nodes! We were short on a few...

[radi324]

Great innovation here, pretty sure this has never been done before! Definitely doesn't look like a MYR clone

[DvoraKoinDev]

We've now got almost 2 MHs on the dev pool, come and spread some hashrate! (Zpool has almost all)


Dvorakoin(dot)tk

[KaTXi]

For SHA256 miners: 500GH/s and more than 290 blocks found on http://poollo.com

[Sampey]

I don't understand why people are so stupid to sell a coin with this kind of reward

- 61.5% chance of the reward being 1
- 20% chance of the reward being 2
-10% chance of the reward being 5
- 5% chance of the reward being 10
- 2.5% chance of the reward being 20
- 1% chance of the reward being 50

At price lower than 0.0001

This coin price could be at least 0.002-0.003

[LTCMAXMYR]

i don't care about the price,i will mine some coins and hold in wallet,
but it is really very hard to dig.

[DvoraKoinDev]

i don't care about the price,i will mine some coins and hold in wallet,
but it is really very hard to dig.

What Algo are you mining? It seems the difficulty with this coin is finding a good pool.

Zpool and the dev pool are finding lots of scrypt blocks now, minep.it is going well with SHA-256 and for groestl the most blocks are being found at p2poolcoin.

You have to remember as well that individually the algorithms have 7.5 minute block times, so there are fast transaction times but makes the coin harder to get

Hope that helped

[Mikellev]

^^ dvk-sha256.poolerino.com is also good in finding and solving blocks.

[tfbpa]

According to http://dvk.pool.mn/ there is something wrong with the SCRYPT part so blocks cannot be found.

DEV: can you please look into this?

[Mikellev]

According to http://dvk.pool.mn/ there is something wrong with the SCRYPT part so blocks cannot be found.

DEV: can you please look into this?

dvk-scrypt.poolerino.com same problem..... we dont know whats wrong, running 20 scrypt pools without problems.....

[DvoraKoinDev]

According to http://dvk.pool.mn/ there is something wrong with the SCRYPT part so blocks cannot be found.

DEV: can you please look into this?

That was an issue from launch, and no longer is a problem. I've sent a message to DVK.pool.mn but have had no response.

[DvoraKoinDev]

Price is low! Let's pump it up like it was on the weekend! 0.001BTC

[KaTXi]

For SHA 256 miners let me invite you to http://poollo.com/ , with 500 GH/s we have found 13 of the last 100 blocks, so if you have some unused (or languishing mining Bitcoins directly) Antminers, KNCs or Avalons just mine Dvoraks with us, only 0.9% fee.

[Cobra]

Price is low! Let's pump it up like it was on the weekend! 0.001BTC

With the current buy orders on Poloniex totaling .025 BTC across 4 total orders the outlook for this does not look good.
Unless some type of unique marketing/promotion goes on to draw people in I can't see how this would take off.

I agree that the reward structure is unique but think it may be a little too tough to get the miners to stick around.

With a 61.5% chance of a block being 1 coin, which current value is about $.05, that reward distributed among a mining pool it is more than likely going to cause miners to move on and not stick around unless something is done beyond a short term pump. I really like the multi-algo mining but feel the reward structure could be the downfall.

[DvoraKoinDev]

Price is low! Let's pump it up like it was on the weekend! 0.001BTC

With the current buy orders on Poloniex totaling .025 BTC across 4 total orders the outlook for this does not look good.
Unless some type of unique marketing/promotion goes on to draw people in I can't see how this would take off.

I agree that the reward structure is unique but think it may be a little too tough to get the miners to stick around.

With a 61.5% chance of a block being 1 coin, which current value is about $.05, that reward distributed among a mining pool it is more than likely going to cause miners to move on and not stick around unless something is done beyond a short term pump. I really like the multi-algo mining but feel the reward structure could be the downfall.

What would you suggest to remedy this? I'm all out of ideas...

[Cobra]

Price is low! Let's pump it up like it was on the weekend! 0.001BTC

With the current buy orders on Poloniex totaling .025 BTC across 4 total orders the outlook for this does not look good.
Unless some type of unique marketing/promotion goes on to draw people in I can't see how this would take off.

I agree that the reward structure is unique but think it may be a little too tough to get the miners to stick around.

With a 61.5% chance of a block being 1 coin, which current value is about $.05, that reward distributed among a mining pool it is more than likely going to cause miners to move on and not stick around unless something is done beyond a short term pump. I really like the multi-algo mining but feel the reward structure could be the downfall.

What would you suggest to remedy this? I'm all out of ideas...

It may make existing coins a little less valuable in the shorter term but maybe changing the reward structure if possible to drive mining back. I do not see an easy solution really but shorten the mining period to make below possible and/or add POS with small percentage of up to 5% per year. Mult-algo is really a great idea but the current reward structure is not working and this coin will die very quickly if it is not addressed soon. Current balance holders would need to be ok with some type of change which could devalue coins a little but some extreme measures are necessary if you intend to save this.

Maybe something like this
- 60% chance of the reward being 10
- 30% chance of the reward being 20
- 10% chance of the reward being 50

[DvoraKoinDev]

Updated wallet with checkpoints and seed nodes now available!

https://mega.co.nz/#!bxJwEQbC!XjevpQQgzjlXvVkF0CLdvCmufZXSazobeduj9_i6VpA

[DvoraKoinDev]

Don't forget to vote at http://www.coinwarz.com/voting !

This may help more miners come, raising the price!