Topic: [ANN] Catcoin - Scrypt meow! - page 132. (Read 470764 times)

me too

If fork will be already apply to coin I promise that my 2.5Mh/s will return to any cat pool

Thats great, hopefully it all is working nice and dandy



Yes, but only if the community helps support this coin x2 the effort what its had already.

i'll be emailing over 350 community members to help support catcoin, i will link them to this thread and they can post for a chance of a giveaway.

www.catcoinforum.com

register to enter.

Will the exchanges follow the fork?

I have a faucet ready for this coin. I'll release it to the public after the fork is made and difficulty is stabilized.

The fact that it won't be bitcoin will be its saving grace. The dynamic cap that you say you will be "adding" wouldn't function properly with a retarget time that long and would be easily exploited with proper timing. Even the 128 I proposed is too long, it would need to be 16 or less for it to work properly. Not to be condescending, but please think a little before you post.

There are literally zero scenarios where a BTC clone will be a success in this new generation of altcoins. No one besides maybe a couple of delusional people want BTC specs, which is why no one ever launched a direct clone. If we did things your way, everyone would end up losing, the coin would die, and I will have 5 BTC less in my portfolio, so I am eternally thankful that you arent part of the dev team. Spec balancing is important and lately we have seen every extreme end of the spectrum.

Ultra fast coins like quickcoin, nutcoin, and even dogecoin all have shown that too fast doesnt work and they are just dump coins. Ultra slow coins like Diamond and Catcoin also have shown that these do not work. There needs to be a balance, which is exactly what my specs are, the speed of a fast coin, with the scarcity of a slow coin. Its either this or an eventual death. Until you come to realize that, I'd have to say that your input is a liability.

If you overcome your fear, I accept cat donations: 9VroY2aDodR6ceNuv7ccvoEw5jru9Ks9xe

that's not Bitcoin

the dynamic cap is interesting and is what i will be adding.

15 million coins total
128 retarget time
5 coins per block
1 minute per block
Coin saved and anyone holding coins pre fork will profit heavily.



Alternatively, additional scripting added to retarget time to dynamically cap difficulty based on net hashrate would be amazing. E.G. net hash of 500mhs max diff = 12, net hash of 5ghs= max diff 120.

I am adding my proposed changes. Let the best adaptation win.

21 million: should stay the same. If you base the value on the last coin ever 130 years from now you are delusional.
2016 retarget: should stay the same, but it should detect emergencies.
50 coins: should stay the same
10 minutes: should stay the same

I'm glad that it's happening. Don't know how cryptsy will think about it but it's a good thing. We cannot wait 4 month until the difficulty retargets. Till then the coin will be dead.

And maybe - if we'd ever reach the retarget - everyone will start mining again and we'd have the same problem with the next diff.

So why should it be bad?

kr105 is coming online soon and will update the main post.

I believe it is happening.

Since the code is open source and public, anyone can takeover in absence of dev(I might be wrong on this, confirms?)

I´m a bit confused. Will this happen - http://catcoins.org/catcoin-fork/

GIVE THE CAT MORE HASH GUYS

RECRUIT SOME NEW MINERS YOUR FRIENDS AND TEACH THEM HOW TO MINE. -> GET CAT REWARDS

In Summary -> @kalus
you have multiple good points, and community doesn't expect you and other miners looking to get paid instantly to mine on emotion. I personally appreciate your knowledgeable contribution to this thread.

still, patriotic cat miners could grow in numbers over time, thus making this coin survival from seemingly low probability to almost certain, you can't predict social behavior in probability distributions, there could be WHITE SWAN effects in the society and social networks, which give us some reasonable hope. Independently of that, some white kinght savior might come in, who knows

free markets only work when properly regulated. mine to dump is not a "free" market, its manipulated market and everyone can see that its not working. Business miners may see giving hash to CAT in the current circumstances as altruistic or naive. You say that too many go into CAT emotionally and overhyped? Well, that's actually CAT strength to create new demand in the internet market, it has fantastic brand potential! Overhyped is a matter of perspective. Underhyped also. CAT is unique in a sense, in that its holders have very different and assymetric utility function than the professional miner community and most other coins. Plus they get utility from affection. They dont mind holding with the risk of losing, because if CATcoin works out they are overcompensated for their patience many many many times.


IF the coin survives, which CAN be helped by the community, this will be the best investment of their lifetime. So effectively, its better than lottery, because CAT stakeholders are working to influence the development towards success.

Get in some new hash guys, stay patient!

Volume as percentage of market cap still high.

Many cheap coins have been bought up by whales manipulating CAT.

They haven't crashed the coin though they could have by now.

Graph on Coinmarketcap and other altcoin sites clearly shows a dip to all time low. 

Somethings up.  Holding.

Something must be done, because I will not stand for it.

Joking aside, I desperately want to get my money out from under this coin and put it elsewhere.