[LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast

[Xircom]

And the market reacts almost immediatelly...

+1

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

[TrangLee]

And the market reacts almost immediatelly...

+1

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

I know I was.

[TrollByFire]

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.

[miningcoinz]

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

[TrollByFire]

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

[miningcoinz]

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?

[TrollByFire]

He be trollin you mad bro?

Nope, just busy.  Troll on.

[kenji]

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

[Furio]

Just bought another 20000 at 2000 satoshis, to the moon

[TrollByFire]

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

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

[miningcoinz]

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

because its so lite

[LitecoinDarkFilm]

Who thinks itll hit 50,000sat?

[Xircom]

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!

[voodoo1967]

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]

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]

Who thinks itll hit 50,000sat?

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

[voodoo1967]

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]

CAN WE DO IT???

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

[LitecoinDarkFilm]

Who thinks itll hit 50,000sat?

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.

[mothermole1]

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.