it is fucked now if we don't fix the retarget. Blocks should be mined at 10 minutes a block on average. Right now it's getting to 90 mins and more.
proof here, just look at the blocktimes: http://catchain.info/chain/Catcoin
sorry, speculators dug you into this hole. wait it out. proof here, just look at the blocktimes: http://catchain.info/chain/Catcoin
everyone got into catcoin agreed on the protocol, retargets, block times, reward schedules, and total number of coins. We all went through the information provided, and agreed this was the common protocol we would use.
now that there is money in catcoin, a small, but vocal minority want to change catcoin to benefit themselves financially, under the guise of 'we must fix the retarget'. essentially, changing the rules everyone agreed on when they got into catcoin.
if everyone was so concerned about a fucked up retarget, we should have talked about that BEFORE the fucking coin was launched.
please note: catcoin blocktimes are in the shitter because for a miner,THERE IS NO FUCKING POINT to mine a currency that is to be FORKED in a day! your own self-fulfilling prophecy.
stop spreading the FUD please, mining catcoin should be profitable or their will be no miners and a dead catcoin!
And everyone will benefit from this change, not some Illuminati minority.
Nothing else will be changed except for block retargets, to allow mining become profitable and miners return to catcoin.
