Topic: [ANN] Catcoin - Scrypt meow! - page 36. (Read 470739 times)

if someone intends to fork the coin weekly, do it on another coin that is not being actively traded.

If catcoin is forked unilaterally in this fashion, even if it is unofficial, Hozer et al. are essentially rolling the dice with the real-world money everyone has invested in catcoin. 

How can we convince people that catcoin is where they should be mining, and where they should hold their money when the community is fractious, and a small, vocal minority can fork the currency at any time?

I don't know if all of us signed up to be part of Hozer's experiment, let alone be paying for his own curiosity-driven research.  However, here we are. 

This is one of the most active coin threads on the forum. There's a reason for that.

This is just stupid.First fork didnt save the coin,second is just poking a dead cat with a stick

Is this some new trend? Forking all shitcoins until they became decent ones?

Im glad i got rid of my cats at the right time.Get rid of yours while you get something out of it.

Can someone please contact cryptsy and tell them to increase confirmations to a minimum of 12, and maybe up to 40 until there is a new consensus released code that results in an overnight/high difficulty period hash rate of at least 200 Mhash?

The FTC attacker would love to remain anonymous, and might have already been probing CAT to do exactly the same thing.

Now this is only my personal opinion, but I think we have two effective defenses:

1) lots more hash that sticks around
2) transparency (i.e., get people to publish 'well-known' generation addresses)

I also appreciate that some of you might want to remain anonymous, and I'd have to advise you to use **OTHER** cryptocurrencies if anonymous transactions are important for you. CAT is currently not big enough to pay the costs (in hash rate) needed to defend BOTH the integrity of the block chain, and your privacy. One of them will have to give.

Skillface, please mine on one of the p2pools, and post your address as a 'no-fork' vote. As far as I can tell, most miners with over a megahash are coinhoppers because they need to pay their electric bills. I take any hash, no matter how small, that STICKS AROUND DURING HIGH DIFF a hell of a lot more seriously as a vote by hash than the guys who only show up to grab some coin and leave. You can make your choice transparent to the rest of us by mining on a p2pool node (like http://p2pool.name:9333/static/ )

The difficulty changes in 4 blocks, (block 20984) and if, because I threatened to fork, the coinhoppers stay away, YOU might actually benefit. If we have reasonable behavior of hashes, and the next low-difficulty period takes more than a few hours, I have plenty of time to pull the fork at block 20999. If everyone shows up to make a profit and screw the little guys over, then I'm going to make it a little more expensive for them, at least this time.

Hell, I didn't even stick around for a couple of the high diff periods, I just could not justify it, and it pissed me off I had to make that decision to protect my own interest at the expense of the community, and I decided about the only ethical course of action I could take was do a live test.

Since I mentioned the need for a testnet and dedicated hashing power, what if we made a 'catcoin-test' pool who's primary purpose was to run on the catcoin testnet, and when we are NOT testing, run as a profit-switching auto-buy pool that pays out in CAT. Then we'd really know the best way to deal with coinhoppers because we ARE one.