Topic: [ANN!] -- [MAG] << MagCoin >> [X11 || No PREMINE/IPO || Fast] - page 10. (Read 15952 times)
Not bad. I will probably mine this.
Refer the post #10, as I don't want my reply to take up a huge chunk here (looks spammy). Should be just up above a few posts.
Thanks, makes sense.
X11 is an amazing algo, look forward to seeing this coin launch
What makes it amazing? The massive farms raping it in the beginning or the multipools which will dump it's price to the usual level after the exchange?
Look at multiwalletcoin, 3500 diff at around block 100.
I noticed that about X11, which is why I enhanced the coin's hardiness and general reliability by implementing the difficulty-reliant reward and reduced the time between difficulty adjustments (KGW).
Refer the post #10, as I don't want my reply to take up a huge chunk here (looks spammy). Should be just up above a few posts.
Thanks, makes sense.
X11 is an amazing algo, look forward to seeing this coin launch
What makes it amazing? The massive farms raping it in the beginning or the multipools which will dump it's price to the usual level after the exchange?
Look at multiwalletcoin, 3500 diff at around block 100.
Can you make the coin count like 1 million, so that we early adoptors can mine 10s of thousands of the stuff, pump it past 100k SAT and mega rich/
Sorry meng, no can do -- try PumpAndDumpCoin over by Aisle 3, should suit ya nicely
What's the logic behind going backwards to longer block times?
Refer the post #10, as I don't want my reply to take up a huge chunk here (looks spammy). Should be just up above a few posts.
X11 is an amazing algo, look forward to seeing this coin launch
What's the logic behind going backwards to longer block times?
Can you make the coin count like 1 million, so that we early adoptors can mine 10s of thousands of the stuff, pump it past 100k SAT and mega rich/
You seem to be a reasonable guy, I'll add a pool on friday, reserve a spot for Suprnova
Thanks! Did you take a look at the p2pool-mag repository?
Nice! More X11 coin.I love this algo 
That makes two of us
shitcoin
Might I ask as to why you came to this conclusion?
Thanks for the support, a dev can only do so much, eh?
shitcoin
Might I ask as to why you came to this conclusion?
Nice! More X11 coin.I love this algo
You seem to be a reasonable guy, I'll add a pool on friday, reserve a spot for Suprnova
shitcoin
Might I ask as to why you came to this conclusion?
shitcoin
Lots of coins, long block time, not feeling it.
Sorry you feel that way, hope you'll change your mind in the future
Also, if you don't mind me asking, is 3 minutes really that long of a block time? I was concerned about blockchain fragmentation or corruption with block times that are too low.
What does "MAG" stand for?
Contrary to popular belief, MAG is not Magnetic
It stands for MAGNITUDE!I wish you luck with your coin as it does appear you have put some though into it. That said, yes, I believe a 3 minute block time is excessive. If I'm not mistaken, that is a longer block time than 99% of other coins.
That hurts, mainly due to the fact that I didn't just go to GitHub and fork DarkCoin and replace a few variables. I also thought that going through and explaining the coin more in-depth for the pre-announcement thread would make a good impression, but I guess that may have fallen short. What are some things I could have done better?
Also, what are your thoughts on blockchain forks caused by too-fast block times? My research (albeit, not anyone credentialed professionally suggested the following):
A) "... More mining power is wasted on making orphan blocks due to block propagation delays"
B) "The ratio of typical propagation delay to typical block mining time also affects how frequently confirmations will be reverted"
C) Double-spends due to attackers mining fast enough ("the chance that the other payment will be accepted into the block chain rather than yours, and yours will be considered invalid")
For these reasons, I decided not to change from 3 minutes to 1 minute. However, I may not be understanding part of the problem. Are there other aspects that outweigh the speed aspect to double-spends?
Quote
Block Time: [3 Min]
better change to 1 min
See my reply above.
Quote
Block Time: [3 Min]
better change to 1 min
Nice try, but nope!
Really? A flashlight? You wound me.
Maggie ? ^^
Magarine ? ^^^
Magnesia ...
Magarete ;-)
Lots of coins, long block time, not feeling it.
Sorry you feel that way, hope you'll change your mind in the future
Also, if you don't mind me asking, is 3 minutes really that long of a block time? I was concerned about blockchain fragmentation or corruption with block times that are too low.
What does "MAG" stand for?
Contrary to popular belief, MAG is not Magnetic
It stands for MAGNITUDE!I wish you luck with your coin as it does appear you have put some though into it. That said, yes, I believe a 3 minute block time is excessive. If I'm not mistaken, that is a longer block time than 99% of other coins.
Nice try, but nope!
Really? A flashlight? You wound me.
Lots of coins, long block time, not feeling it.
Sorry you feel that way, hope you'll change your mind in the future
Also, if you don't mind me asking, is 3 minutes really that long of a block time? I was concerned about blockchain fragmentation or corruption with block times that are too low.
What does "MAG" stand for?
Contrary to popular belief, MAG is not Magnetic
It stands for MAGNITUDE! Jump to: