Topic: [ANN] 🥔🍅🥑 VEGGIE 🥕🍆🌽 A Cryptocurrency For The Animals! 🐮🐷🐔🐶🐱 [LIVE!] - page 7. (Read 24504 times)

ooh i see,and ill be looking forward   to  show something in here,ill watch it more

This will be fixed in the next couple days

Hello, it is impossible to withdraw VEGI on southexchange.

Thanks for adding Veggie

Hi guys!

We have just added support for VEGGIE to our Crypto Mining Profitability Calculator: https://crypt0.zone/calculator/!

Feel free to send us some feedback.
We are open for all suggestions

Yes I think that's certainly likely

I am all for that change! Would make the network more usable and maybe attract more miners.

Would love to hear everyone's thoughts on potentially changing the block difficulty retarget to occur every block. It's a serious consideration for us right now

We will be running another airdrop on our Discord channel very soon! Make sure you hop onto our Discord and Twitter pages so you don't miss out.

https://twitter.com/Veggiecoin/
https://discord.gg/45Exxxw

We had a great level of support for our presentation at the blockchain centre in Melbourne last night. A really great crowd and lots of positive comments after the presentation. Thanks to all who attended

Video here: https://www.youtube.com/watch?v=EVPMeFTYz7Q&feature=youtu.be

Just paid for the listing of Veggiecoin on another exchange... Updates very soon (they say 1-2 week queue for listing!)

This new software update is huge, it'll allow anyone with a PC to Mine Veggiecoin without having to have any technical knowledge whatsoever

I'm aware that a lot of you are waiting for the new mining wallet which will be an all-inclusive application that supports pool mining.

It's coming very soon. It's in its final stages of development now

It's a good question. Originally we set the difficulty retarget to occur after 2 weeks roughly 1000 blocks, rather than 12 hours (72 blocks) There's pros and cons to any retarget time. Let's look at some examples of retarget times and their respective issues.

🥕2 week retarget time

Lets consider a network in its infancy. In fact, most vulnerabilities to attack with block difficulty only happen when the network hash rate is low, so when the network is new for example. If a malicious miner came in with a lot of hashing power, they could greatly increase the mining difficulty, making mining less attractive to normal miners. Then the other miners start to leave, as mining becomes less profitable. Then the attacker leaves.

What is left is an insanely high mining difficulty and nobody mining. So the 1000 blocks it would take to retarget the difficulty again are never mined and the network dies.

The devs saw an example of this in an altcoin who's devs we are close to. They had to spend a lot of money to hire GPUs just to mine enough blocks to retarget again. OUCH

🌽Retarget every block, 10 Minutes

You might have guessed the same problem can occur here. A powerful miner can attack the network with high hashing power for a short amount of time rendering the next block very high difficulty, as the malicious miner sustains the high block time, the smaller miners are not profiting and leave the network. A malicious miner can automate leaving and joining the network to optimise his reward

EDIT: This might actually be the best way, because to sustain a high difficulty, the malicious miner MUST mine consistently - as soon as he leaves, the block difficulty decreases

🥑12 hour retarget
A powerful miner would have to be committed to mining the Veggie network for 12 hours to drive up the mining difficulty, only then would he be inconveniencing the other miners. Then he only has a 12 hour window to mine profitably before the network rescales the difficulty. We think its sort of a sweet spot. A powerful miner would have to be mining most of the time to manipulate the network for their benefit, and not many of them do that

I really idea behind this project! I have a question though..

Why did you choose to adjust difficulty every 72 blocks instead of every block?

https://www.youtube.com/watch?v=NLaItC0244c Thank you to TKS for doing a YouTube review on Veggie! (Portuguese)

Met the Veggie team at the Blockchain Centre in Melbourne recently. The guys seem capable of pulling off the Veggie vision at a global scale. Happy to have found them in their infancy and be along for the ride. If I can help in any way do shout out.

https://www.youtube.com/watch?v=XGPqlGLu80I

Latest Veggiecoin video out now! We have a new addition to the farm this week, 3 lovely ladies from an old battery farm

Anyone who wants to help animals should trade or mine veggies, because doing so raises money for animals in need. You don't need to be a vegetarian for that to stay true, though some of us are vegetarian and vegan, that's for sure

Is this a coin for vegetarians? Could i buy it if i an not a veg?