Topic: [ANN] Catcoin - Scrypt meow! - page 31. (Read 470759 times)

It isn't yet. The simple fact is the 1 block 36 method results is a cyclical formula, unless we tweak it somehow. Etbluv1's LLACCA suggestion is good, but I think it may be overly complex and frankly I'm not crazy about screwing with block rewards to screw over pool hoppers, at the expense of loyal miners. There are other headaches involved too which I can detail in a bit if there is interest. THere are also benefits which Etbluv1 can explain himself.

I'm about to order a VPS with my own funds to allow us to build a proper testnet, because I don't really want that testnet on my private network for a number of reasons. I should have that built by the end of the night barring any  unforeseen issues or consequences. Today has been pretty low key for me, I personally was very busy at work (I unboxed and imaged 36 laptops today and did a number of other things) so I didn't really have a chance to look at the test net until now. I'll let you guys know how it goes.

please read though the few days evilish, there was some argument going on, not sure how this is now resolved...

So my fellow Cats how's everything going? Wasn't much active in this thread for the past few days. 

PM sent.

That's great, because I'm hiring zerodrama as Chief Disinformation Officer. At least until he disses me, then he's fired.

I also need someone to run a coinhopper pool that pays out in CAT. You can point 1~3Mhash at whatever the hell pool or coin you want, as long as I get CAT payouts, and I'm not using it for Catcoin testing. Slimepuppy do you want a cut of this?

+BIGNUM

And as soon as I get blockparser working, we can track and watch the redistribution, and come up with a consensus on how to reward those stakeholders for their vote of confidence. I vote for etblvu1's https://bitbucket.org/dahozer/catcoin/issue/11/the-llacca-algorithm to reward all the miners who hold up the network during high difficulty.

But until there's a consensus you can always unilaterally support https://bitbucket.org/dahozer/catcoin/wiki/Stake-mine

Earlier I said I feel like like the guy standing in front of the tank in Tienanmen square. That's wrong. I'll feel like that if the FBI knocks on my door asking me to track down some cryptocoin criminal and I tell them "sure, but only in full public view of the world"

A much better analogy is I'm walking uphill against a herd of stampeding sheeple trying to point out there's a pack of wolves at the bottom of the hill they are all running down.

Now for a serious question for tracking down the wolves and coinhoppers among us: has anyone gotten https://github.com/znort987/blockparser/ to work on catcoin? I'm getting a segfault.

Cycling hashrate. Price is falling because unreliable reward rate, because difficulty unreliable.

Is this a new exchange, maybe they can add Cats http://newchg.com/

Yes - the confirmations are happening very very slowly during our long, slow periods.  It seems we get a burst of confirmations during our low difficulty periods when we get a huge influx of computer power.

It's taking three to four days to get confirms for mining work on Coinium, for example.

You're fired.


I recommend that we hold out for information from Maverickthenoob and possibly Kr105 and ignore the rest of the noise.

@Substantial CAT stakeholders, please unilaterally consider distributing 10-20% of your CATs in the coming weeks to those community enthusiasts who might be short of CATs and consistently contribute to promotion with constructive project coordination and implementation. Folks who give their time, energy and skill to CAT might be the best place for CATs to land at these times and prevent your stake from future deterioration

Can you give me your wallet address so I can look it up and see what's going on?

Thanks

I transfer coins from my pool to my wallet but until now its unconfirmed. Anyone having problems too?

This is my wallet ver. v0.8.7.0-beta

Let me quote myself.


I guess the road of growing up temporarily crosses the way of DOGE at some point(s) until things settle down from panic to calm state (before the slow and steady growth can begin).
May be not...

Hi janos666 -

I appreciate your post - and for the most part agree with everything you say. But I would point out that our goal should be to a major coin on par with LTC, if not BTC (I have been called delusional, but what's wrong with aiming high?) - which means profitability should be on par with LTC and consistent. DOGE coin is selling itself into eventual oblivion, through hyperinflation, and this is not a good model to follow. "Profitability" is just coinhopperese get the most BTC's by mining it and immediately dumping it on exchanges. We should have a coin that people believe in, for long-term potential - and willing to mine, long-term, and hold onto the coins acquired by mining. Consistent mining commitment, moderate "profitability," and tendency to hang onto out of long-term expectation of appreciation of value - is the combination we should aim to achieve, as boring as that may sound. And it is precisely this "boring sounding"-ness that will keep the coin hoppers uninterested and keep the difficulty curve stable - just like LTC and BTC have stable curves. The more qualities we can engineer our way into emulating (or surpassing) in relation to LTC and BTC, the more we are on the right track to also emulate them in market cap. Let's aim high, and not compromise. Marketing, no knee jerk hard forks, calming down, I'm with you on all that.

Etblvu1

all other new coins be like this guy scammed me, this pool scammed me, dev is getting rich of our backs ...
this coin be like charts graphs plans future ) if this isn't the coin to hold I don't know which is ...

just everyone reflect please - this scenario is far from impossible

I think that the current code is more than good enough for now. May be it's far from perfect. But which coin is perfect? (I guess none, not even BTC, or LTC, or any of them out there at this moment. No coin will ever be perfect, if not only for a short moment and/or in simulations...)

And sure, anybody is free to think about long term future possibilities and even propose hard fork ideas, even right now (ah, well, even I posted my own idea about a diff retarget algorithm).
But I don't think it needs any immediate fix(es). Simply because it is NOT broken!

What we see now is a monotonically falling price and monotonically falling network hash rate combination.
And even if you might think (and/or [want to] believe) otherwise, this meas that the code itself works as intended!
The hash rate and the price are in sync, as they should be. So, no problem there (in the code). At least none I can see right now and would need immediate workarounds or fixes.

So, the coin code is NOT broken, thus it does NOT need a hotfix (long term improvement plans, may be, but not a fix, and definitely not a HOTfix).



If we could agree about this and we could put aside this constant hard fork rushing festival, just for a moment, then we might let ourself see the actual and real problem(s) which effect us directly right now.

And I think that's very simple: It's the marketing.


Please let's not forget that hard fork festivals and constant authority wars definitely will NOT paint a good image!



May be we should agree (with a wide vote or something) about some ground rules like who and when can speak things like * it's official *, so people aren't constantly confused and scared about what might happen in the next moment around CAT coin. (I think it's absolutely understandable if this drives everybody away of the coin. I am constantly scared myself about this, so I do know!)

Everybody needs to calm down, or be calmed down.

And most importantly, we should try to bring back the attention of people to CAT!

We need everybody: every miners (YES, EVERY MINERS, even if you think they try to kill the coin by hopping in and out), every investors (YES, even those who always try to buy the cheapest coins), traders (even if you think they just want to rub you with their deals), people with marketing ideas, and generally anybody who ever liked this coin, or just is about to picks his favorite coin.



I think if we can show that CAT is strong and solid enough again, then both the network hash rate and the price can possibly start to rise.
Day by day, mBTC by mBTC, slowly but steadily.

May be it won't hit 0.001 again in just a few weeks, but I believe it could definitely be on pair with DOGE in profitability and hash rate (yes, you know, those things come together or neither is possible) during a relatively short period if time. And that will be a good enough state. A peaceful time to think and plan the long term future which might eventually rise this coin above DOGE and the like. But if nothing else, CAT will survive.



I don't think I can say anymore about how I see this coin now.
(And for that matter, I don't think I should be the one to try and post "speeches" like this because English is not my native language and I am relatively new in this whole game.)
And I want to make it clear that these are only my subjective opinions and they are far from being something like "official" or anything.
And I won't fight for anything, so don't point your guns and knives to my throat just yet. LOL. I am ready loose the full amount of BTC I invested into CAT. I just hope (and wish) it won't come to that.


By the way, may be I will launch a new coin a few days from now, only with a single purpose: to show how a coin with a micromanaged difficulty retarget and bad marketing might fail on the market after a HUGE initial hype (I think I have the recipe for that). LOL.