[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 325.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: PilotofBTC on May 28, 2014, 11:03:39 AM

Quote from: smak on May 28, 2014, 10:58:10 AM

there were points over 1000 difficulty, but the network volume supported it.

its currently fluctuating between 120 diff and 350 with a network volume of between 2.5Gh/s and 5Gh/s.

unless you want 5 minute block average at best this does not equate.

the stuck blocks have nothing to do with my pool specifically.. they are network blocks that are not solved, or passed for hours at a time and they happen multiple times a day with NAUT.

There is no doubt there is a flaw in the difficulty re-targeting. The blocks should take 1 minute based on the coin specs no matter the net has rate. Digishield isn't supposed to slow down the blocks.

The slow block time will hurt the coin since one of it's selling points is fast confirms.

Do you believe a fork will be necessary to resolve this? I would personally kind of expect so, especially if there's plans for proof of stake.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: smak on May 28, 2014, 10:58:10 AM

there were points over 1000 difficulty, but the network volume supported it.

its currently fluctuating between 120 diff and 350 with a network volume of between 2.5Gh/s and 5Gh/s.

unless you want 5 minute block average at best this does not equate.

the stuck blocks have nothing to do with my pool specifically.. they are network blocks that are not solved, or passed for hours at a time and they happen multiple times a day with NAUT.

There is no doubt there is a flaw in the difficulty re-targeting. The blocks should take 1 minute based on the coin specs no matter the net has rate. Digishield isn't supposed to slow down the blocks.

The slow block time will hurt the coin since one of it's selling points is fast confirms.

smak

member

Activity: 72

Merit: 10

there were points over 1000 difficulty, but the network volume supported it.

its currently fluctuating between 120 diff and 350 with a network volume of between 2.5Gh/s and 5Gh/s.

unless you want 5 minute block average at best this does not equate.

the stuck blocks have nothing to do with my pool specifically.. they are network blocks that are not solved, or passed for hours at a time and they happen multiple times a day with NAUT.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: jjj0923 on May 28, 2014, 10:34:54 AM

Quote from: FlyingMongoose on May 28, 2014, 10:31:06 AM

Quote from: ?? on ??

Well, the block explorer from first post isn't working and noone cared to fix that for a week or so. But what I really would like to know is - Why does NAUT have ~2,7mln coins atm when according to the specs there should be over 6mln mined already?

http://nautinsight.buddylabsapps.com/ at least this block explorer says so, at the time I'm writing this, we're at 17000th block, 17000*159 is ~2,7mln

The drastically increased difficulty thanks to multipools caused block discovery to take longer, add on the 1% reduction per week and that should answer your question.

This is an example of digishield doing its job.

well not exactly

we had these kinds of difficulty levels when network hash rates were over 5 GHS and they're still the same.

We saw ~600~700 diff, we're at ~180.

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: FlyingMongoose on May 28, 2014, 10:31:06 AM

Quote from: ?? on ??

Well, the block explorer from first post isn't working and noone cared to fix that for a week or so. But what I really would like to know is - Why does NAUT have ~2,7mln coins atm when according to the specs there should be over 6mln mined already?

http://nautinsight.buddylabsapps.com/ at least this block explorer says so, at the time I'm writing this, we're at 17000th block, 17000*159 is ~2,7mln

The drastically increased difficulty thanks to multipools caused block discovery to take longer, add on the 1% reduction per week and that should answer your question.

This is an example of digishield doing its job.

well not exactly

we had these kinds of difficulty levels when network hash rates were over 5 GHS and they're still the same.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: ?? on ??

Well, the block explorer from first post isn't working and noone cared to fix that for a week or so. But what I really would like to know is - Why does NAUT have ~2,7mln coins atm when according to the specs there should be over 6mln mined already?

http://nautinsight.buddylabsapps.com/ at least this block explorer says so, at the time I'm writing this, we're at 17000th block, 17000*159 is ~2,7mln

The drastically increased difficulty thanks to multipools caused block discovery to take longer, add on the 1% reduction per week and that should answer your question.

This is an example of digishield doing its job.

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: n3rfherder on May 28, 2014, 09:09:18 AM

ipominer is still pointed at naut.

but ya...no clue why, anything else would be better

that's exactly why I don't use multi pools or ipominer - they're returns are horrible.

n3rfherder

sr. member

Activity: 336

Merit: 250

ipominer is still pointed at naut.

but ya...no clue why, anything else would be better

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: FlyingMongoose on May 28, 2014, 08:55:11 AM

Quote from: jjj0923 on May 28, 2014, 08:48:40 AM

Quote from: Pyramusx on May 28, 2014, 08:45:17 AM

Quote from: jjj0923 on May 28, 2014, 08:41:43 AM

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

digishield is supposed to get difficulty back down to normal levels after the multipools are done reaking havoc but it does not seem like that's the case...

There is still at least one multipool pointed at it...

have no idea why because doge is almost twice as profitable to mine

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: jjj0923 on May 28, 2014, 08:48:40 AM

Quote from: Pyramusx on May 28, 2014, 08:45:17 AM

Quote from: jjj0923 on May 28, 2014, 08:41:43 AM

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

digishield is supposed to get difficulty back down to normal levels after the multipools are done reaking havoc but it does not seem like that's the case...

There is still at least one multipool pointed at it...

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: Pyramusx on May 28, 2014, 08:45:17 AM

Quote from: jjj0923 on May 28, 2014, 08:41:43 AM

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

digishield is supposed to get difficulty back down to normal levels after the multipools are done reaking havoc but it does not seem like that's the case...

Pyramusx

sr. member

Activity: 379

Merit: 250

Following on Twitter @pyramusx

Quote from: jjj0923 on May 28, 2014, 08:41:43 AM

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

Would DigiShield have something to do with that?

jjj0923

sr. member

Activity: 266

Merit: 250

what seems a little odd as a miner is why the difficulty remains so high when the network hash has come way back down.

any ideas why?

a few weeks ago when network hash was about 1.2GHS, difficulties were in the 30 to 50 range but now that network hash is about 3 GHS - difficulties are still up on the 200 to 300 range and the pools are having a tough time even finding blocks to mine.

maxsinner

sr. member

Activity: 336

Merit: 250

Quote from: Bluestreet on May 28, 2014, 07:36:19 AM

I think it might drop to 5000 or below.

Not much going for the coin and it definitely isn't stable.

People just need a few more details about the PoS transition and they will start investing again.

Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 325. (Read 901829 times)