Literally delusional. I bet you have no market experience whatsoever nor understand the basis of value behind crypto. It's clear that it's pointless discussing logic with you. When the community comes to their senses and forks this coin feel free to keep all your money in the old version. You can sink along with your obsession with the BTC specs.
The BTC specs are why no one buys anything except with BTC and cute coins.
The BTC specs are the biggest obstacle BTC has. Luckily for BTC it has asics and hype to let it rise in value still. CAT is nowhere near that established. Congrats, you have literally clung on to the worst part of BTC. This fork is going ahead without your consent. Feel free to keep your coins in this version or start a new scrypt BTC so that you can lose even more money in it. The rest of us are going to rescue CAT.
Tell that to people who get paid every 2 weeks. Good luck with 6 hour price fluctuations and difficulty retargets on that one. I'll wait.
LOL, my consent. No it isn't. I'll hold CATs, but I will release a BTC in scrypt myself.
Anyways, here's my updated proposal:
Having Bitcoin in scrypt is important. Bitcoin needs to be knocked off its pedestal for being 1) a currency held in majority by feds 2) cozying up to coinvalidation and whining about non-monetary uses like IOUs or barter.
Only speculators and trollbox wankers want fast times. Retarget should always return to 2016.
I would suggest this:
If the block rate is faster by 2x (as in 5 minutes vs 10 minutes) or slower by 4x (40 minutes vs 10 minutes) the retarget rate should change like this - 224, 112, 42 - at a time:
224: 2016 | 1792, 1568, 1344, 1120, 896, 672, 448; 56: 448 | 336, 224, 112; 42: 112 | 70, 28.
On the way up it should be the reverse:
224: 28 | 252, 476, 700, 924, 1148, 1372, 1596; 112: 1596 | 1708, 1820, 1932; 42: 1932 | 1974, 2016.
This emergency readjust should be triggered every 6 hours if and only if:
Blockrate is 4x slower than expected or 2x faster than expected.
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