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Author Topic: [LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast  (Read 368501 times)
Xircom
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September 14, 2014, 09:00:07 PM
 #1781

And the market reacts almost immediatelly... Smiley

+1

Yes, everybody was just waiting for something like this... +1

BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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TrangLee
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September 14, 2014, 09:01:31 PM
 #1782

And the market reacts almost immediatelly... Smiley

+1

Yes, everybody was just waiting for something like this... +1

I know I was. Smiley

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September 14, 2014, 09:05:29 PM
 #1783

To expand upon what has already been said:

The blockchain is slow because the difficulty is outlandish.  Bitcoin proper has a maximum adjustment when a retarget should happen. As a descendant of bitcoin, LTCD shares this limitation.  However, when Bitcoin was first introduced, the concept of multipools was foreign, and so there was no infrastructure to protect the network in the case of a massive hash rate decrease.  Recently newer altcoins have introduced alternative algorithms for calculating a proper difficulty retarget to deal with multipool coin switches, and they seem to work rather well.  The two most popular implementations are KGW and DigiShield.

In my own testing, DigiShield seems to be a bit more responsive and accurate, and so I have been working on an adaptation of their algorithm to fit the architecture I'm designing for new updates.  I have been removing difficulty calculation from main.cpp and placing it into the DifficultyShield class (which probably isn't the best name for it, but for now it's what it's called.)  Since difficulty algorithm is being abstracted into OO classes, it will be trivial if, in the future, we need to create a new implementation or algorithm.  Instead of hacking in V1, V2, V3, etc functions, we can simply derive from the base classes and only override the necessary methods.  This also starts the process of removing some of the bloat contained in main.cpp.

I have no idea if this information is useful to anyone, but I hope it serves to clear up some confusion.  The current (1.0) difficulty algorithm isn't "broken".  It works great for Bitcoin.  It works great for Litecoin.  But it isn't the right choice for LitecoinDark, and I believe we have a better solution.

BTC: 12JYhysrpqnzqhkZ6qRY8At3G14btEwTtF
miningcoinz
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September 14, 2014, 09:08:45 PM
 #1784

To expand upon what has already been said:

The blockchain is slow because the difficulty is outlandish.  Bitcoin proper has a maximum adjustment when a retarget should happen. As a descendant of bitcoin, LTCD shares this limitation.  However, when Bitcoin was first introduced, the concept of multipools was foreign, and so there was no infrastructure to protect the network in the case of a massive hash rate decrease.  Recently newer altcoins have introduced alternative algorithms for calculating a proper difficulty retarget to deal with multipool coin switches, and they seem to work rather well.  The two most popular implementations are KGW and DigiShield.

In my own testing, DigiShield seems to be a bit more responsive and accurate, and so I have been working on an adaptation of their algorithm to fit the architecture I'm designing for new updates.  I have been removing difficulty calculation from main.cpp and placing it into the DifficultyShield class (which probably isn't the best name for it, but for now it's what it's called.)  Since difficulty algorithm is being abstracted into OO classes, it will be trivial if, in the future, we need to create a new implementation or algorithm.  Instead of hacking in V1, V2, V3, etc functions, we can simply derive from the base classes and only override the necessary methods.  This also starts the process of removing some of the bloat contained in main.cpp.

I have no idea if this information is useful to anyone, but I hope it serves to clear up some confusion.  The current (1.0) difficulty algorithm isn't "broken".  It works great for Bitcoin.  It works great for Litecoin.  But it isn't the right choice for LitecoinDark, and I believe we have a better solution.

so when will the fix be out, and when will the diff be in check with hash
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September 14, 2014, 09:10:34 PM
 #1785

so when will the fix be out, and when will the diff be in check with hash

Two things:

First, "fix" isn't the right word.  It isn't broken, it's just outdated.

Second,

Troll is working on the Difficulty problem caused by the big Multipools, this fix should prerelease tomorrow. This prerelease will adapt DifficultyShield. The final release shield will be in v. 1.1

BTC: 12JYhysrpqnzqhkZ6qRY8At3G14btEwTtF
miningcoinz
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September 14, 2014, 09:12:51 PM
 #1786

so when will the fix be out, and when will the diff be in check with hash

Two things:

First, "fix" isn't the right word.  It isn't broken, it's just outdated.

Second,

Troll is working on the Difficulty problem caused by the big Multipools, this fix should prerelease tomorrow. This prerelease will adapt DifficultyShield. The final release shield will be in v. 1.1

He be trollin you mad bro?
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September 14, 2014, 09:13:30 PM
 #1787

He be trollin you mad bro?

Nope, just busy.  Troll on.

BTC: 12JYhysrpqnzqhkZ6qRY8At3G14btEwTtF
kenji
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September 14, 2014, 09:14:17 PM
 #1788

another anonshit Roll Eyes
why this coin should be better than monero etc..Huh
Furio
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September 14, 2014, 09:15:02 PM
 #1789

Just bought another 20000 at 2000 satoshis, to the moon Cheesy

TrollByFire
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September 14, 2014, 09:15:37 PM
 #1790

another anoncoin Roll Eyes
why this coin should be better than monero etc..Huh

Late to the party?  I suggest reading through the thread.

BTC: 12JYhysrpqnzqhkZ6qRY8At3G14btEwTtF
miningcoinz
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September 14, 2014, 09:15:56 PM
 #1791

another anonshit Roll Eyes
why this coin should be better than monero etc..Huh

because its so lite
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September 14, 2014, 09:24:34 PM
 #1792

Who thinks itll hit 50,000sat? Smiley
Xircom
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September 14, 2014, 09:26:28 PM
 #1793

And now we fly again, I told you guys that Troll is the only right coder to have on this coin. If magic is needed he is the guy...jihaa!

BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
voodoo1967
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September 14, 2014, 09:28:22 PM
 #1794

Great work is being done and I would like to say thanks again to the devs and community this is just the start of something BIG .I am so proud to be apart of this great moment.
miningcoinz
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September 14, 2014, 09:29:53 PM
 #1795

Great work is being done and I would like to say thanks again to the devs and community this is just the start of something BIG .I am so proud to be apart of this great moment.

your welcome i have put a ton of time into this coin
meccoin4me
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September 14, 2014, 09:33:58 PM
 #1796

Who thinks itll hit 50,000sat? Smiley
i think , i am in this from the first second and very glad i buy some also, very serious DEV , fast growing community , great name , fast

transactiontime from wallet to wallet , LTCD has it all , i believe in 50,000 sat

https://bitcointalk.org/index.php?topic=1155319.0  DELTACREDITS , great coin , great idea behind
voodoo1967
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September 14, 2014, 09:34:48 PM
 #1797

Great work is being done and I would like to say thanks again to the devs and community this is just the start of something BIG .I am so proud to be apart of this great moment.

your welcome i have put a ton of time into this coin

cool ghosty55 and me started the litecoindark reddit your all welcome to sign up . So what is that you have been doing ?
meccoin4me
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September 14, 2014, 09:36:33 PM
 #1798

CAN WE DO IT?HuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuhHuh??

, YES WE CAN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

https://bitcointalk.org/index.php?topic=1155319.0  DELTACREDITS , great coin , great idea behind
LitecoinDarkFilm
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September 14, 2014, 09:57:23 PM
 #1799

Who thinks itll hit 50,000sat? Smiley
i think , i am in this from the first second and very glad i buy some also, very serious DEV , fast growing community , great name , fast

transactiontime from wallet to wallet , LTCD has it all , i believe in 50,000 sat

I do agree, it does have super fast trans.
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September 14, 2014, 09:59:43 PM
 #1800

This correction is a VERY good thing. Prices cannot continue to rise indefinitely, people need to sell, and eventually that sell volume overpowers the buyers creating this correction in price. As you can see, this is no crash, just a period of solidification.



Note that the trend for the 2 week period is still holding.
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