With the Cake announcement, it seems to have caused the ION blockchain to start accelerating the block rewards...
Great, more inflation is just what it needed. Let's hope it's not some kind of a bug in difficulty adjustment, we would laugh ourselves to death if they need another hardfork/rebase.
And how is that related to Cake?
This difficulty re-targeting defect started happening about the time of news of the partnering with cake Ionomy announcement... super charged the ION blockchain to produce more income
It also started happening around the time of me having a very nice bottle of Valserrano... I think that had a much better chance of affecting the ION blockchain than some random announcement
It looks quite thoroughly fucked:
https://chainz.cryptoid.info/ion/#@inflationSlackers must be excited. Moar coins!
it seems to have caused the ION blockchain to start accelerating the block rewards...
@Suchmoon I have noticed a increase in dollars from my ION profits to see the accelerating blockchain defect. Here is some more info from Ionomy Slack on the defect:
The difficulty re-targeting looks off. Difficulty is spiking way lower than what I would assume would be a good design choice. @mrcoins can you collect data for us. In particular the entire getmininginfo output every min along with whatever else you are collecting. I also need the time of your sample. (Ideally I would want to plot the block number vs duration of each block vs the difficulty of that block vs time)
I have seen a graph similar to this on another coin. While the integrity of the blockchain is not an issue, the consistency does change outside perception. If this is the same re-targeting issue, the oscillations will become greater as time goes on. The increase in total blocks per day is not a symptom that I saw on the other chain, but it could be related to how the re-targeting is calculated. The mathematical reason for the issue is that the up and down adjustments are done with the same set of data. While this seems logical, you create a resonance issue under some circumstances. It is possible that we are seeing that resonance now. The data will help show if it is this or something else.
I have yet to see an original coin that has it right on the first try. Almost all coins have resonance, even BTC. It is just masked by either long duration between adjustments, or by people not seeing or caring. ("oh that was a couple of lucky blocks") It does not matter much because in the long run and it does not impact the integrity of the blockchain.