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Topic: [ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013 - page 259. (Read 523584 times)

member
Activity: 66
Merit: 10
Anywhere else but mege to get the windows-qt. for some reason the mega link dont work for me
legendary
Activity: 966
Merit: 1052
Some of the reasons those coins didn't succeed:

1. Some pre-mine or "test" mining.
2. Some difficulty 0 and had a lot of hardware ready with their insiders
3. Some difficulty 0 and get over-mined since the very beginning before nodes are well distributed
4. Some only got mined at the beginning when it was easy and then they stopped

Why is digitalcoin different?

1. No pre-mine or any semblance of it.
2. Number 1 again.
3. digitalcoin had very low rewards at the beginning so coins didn't begin to be distributed in quantity until many people could participate
4. It is more profitable to stay with digitalcoin due to the nature of the reward system

DigitalCoin won't succeed for a different reason.  The chosen block time is actually too short.  I write about why that's a bad thing here: https://bitcointalksearch.org/topic/coins-with-very-short-block-times-demonstrate-incompetence-211535

I read that. Good thoughts. One of the developers who took part in this project did take care of that for us. Check the pool rates for the orphan rates and efficiency.

What exactly did the developer do to prevent these issues?  Note that the issues I present only become apparent once the distributed network becomes large enough.  Low orphan rates now doesn't necessarily prove anything, it likely just means that the network hasn't grown large enough for these problems to become apparent yet.

We are still in beta and working on documentation. You can check the source and see the changes yourself.

The only relevant thing that I see in the source diffs is that MAX_OUTBOUND_CONNECTIONS was increased from 8 to 16.  Is that the change made to avoid these issues?  If so, can you articulate why you believe that is sufficient?

That is one change I am aware of.

With fast blocks, one of the main issues is latency and propagation of the transactions through the network. More connected nodes means more ways for the transactions to be routed in case of a dead or unresponsive node in the network. It also means clients are able to connect to more nodes and lower the probability of a latency and therefore a fork in the network. It is under the basic principal that a faster network functions more optimally without bottlenecks. The faster a consensus can be reached and transmitted, the better.

Everything is going according to plan up to this point.
full member
Activity: 154
Merit: 100
Hack The Planet
I'm there .... well my pay seem to be according to 700 kH/s ... anyway ... for now i need to see  Grin
hero member
Activity: 1395
Merit: 505
http://digi.cryptcoins.net Scam or bad configured ... i only gives me 700 KH/s when i actually have 2700 kH/s this is over 1 hour now

My p2pool is at 41 mh/s now and we're solving blocks very quickly.  Feel free to come join the fun!

http://54.227.253.120:9500/static/
sr. member
Activity: 448
Merit: 250
http://digi.cryptcoins.net Scam or bad configured ... i only gives me 700 KH/s when i actually have 2700 kH/s this is over 1 hour now

come try out http://dgc.scryptmining.com Smiley  But on another note, I wouldn't worry too much about the displayed hash rate at a pool. Its only an estimate in the best of cases, and with new/quick coins sometimes the operators need to tweak some of the calc's to get it right (I am still doing that on mine as well), but either way it does *not* generally affect your payout rate (or shouldn't anyways)
full member
Activity: 154
Merit: 100
Hack The Planet
http://digi.cryptcoins.net Scam or bad configured ... i only gives me 700 KH/s when i actually have 2700 kH/s this is over 1 hour now
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
how many coins do i generate on 10mhash?

Join a pool, mine for a day and let us know how much or use the calculator.

https://www.litecoinpool.org/calc?hashrate=10000&difficulty=1.04412

Remember to divide the total coin by 2.5 since that calculator is for LTC.

-tb-
newbie
Activity: 28
Merit: 0
Some of the reasons those coins didn't succeed:

1. Some pre-mine or "test" mining.
2. Some difficulty 0 and had a lot of hardware ready with their insiders
3. Some difficulty 0 and get over-mined since the very beginning before nodes are well distributed
4. Some only got mined at the beginning when it was easy and then they stopped

Why is digitalcoin different?

1. No pre-mine or any semblance of it.
2. Number 1 again.
3. digitalcoin had very low rewards at the beginning so coins didn't begin to be distributed in quantity until many people could participate
4. It is more profitable to stay with digitalcoin due to the nature of the reward system

DigitalCoin won't succeed for a different reason.  The chosen block time is actually too short.  I write about why that's a bad thing here: https://bitcointalksearch.org/topic/coins-with-very-short-block-times-demonstrate-incompetence-211535

I read that. Good thoughts. One of the developers who took part in this project did take care of that for us. Check the pool rates for the orphan rates and efficiency.

What exactly did the developer do to prevent these issues?  Note that the issues I present only become apparent once the distributed network becomes large enough.  Low orphan rates now doesn't necessarily prove anything, it likely just means that the network hasn't grown large enough for these problems to become apparent yet.

We are still in beta and working on documentation. You can check the source and see the changes yourself.

The only relevant thing that I see in the source diffs is that MAX_OUTBOUND_CONNECTIONS was increased from 8 to 16.  Is that the change made to avoid these issues?  If so, can you articulate why you believe that is sufficient?
legendary
Activity: 1148
Merit: 1000
how many coins do i generate on 10mhash?
sr. member
Activity: 266
Merit: 250
aka 7Strykes
Just so people know, the cgminer default flags expressed in the OP will not give you your full hashpower. You need to use the --thread-concurrency flag. I did --thread-concurrency 1536 and my hashrate went from 12 kh/s to 154 kh/s. I have an ATI Mobility Radeon HD 5870.
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
I believe DGC is actually more profitable at current difficulty and block reward.  That said, it isn't on coinchoose yet so we're not getting much attention.  This is a good thing !


shhhh lets keep it that way

+1
hero member
Activity: 714
Merit: 500
I believe DGC is actually more profitable at current difficulty and block reward.  That said, it isn't on coinchoose yet so we're not getting much attention.  This is a good thing !


shhhh lets keep it that way


21:06:43

203,200,894


23:07:21

301,475,301

not sure if its under the radar anymore.

full member
Activity: 182
Merit: 100
fml
Realy interesting to see: As the profitability of Worldcoin goes up on coinchoose, The Hashrate of my DigitalCoin pool is going down :-D

Sad part is, Profitability is only rising, because Cryptsy is throwing Choosecoin out of whack. Angry
hero member
Activity: 826
Merit: 1001
@Bit_John
I believe DGC is actually more profitable at current difficulty and block reward.  That said, it isn't on coinchoose yet so we're not getting much attention.  This is a good thing !


shhhh lets keep it that way
full member
Activity: 154
Merit: 100
Hack The Planet
I mine @ digi.CryptCoins.net but is slow to update ... i'll keep you posted.
legendary
Activity: 1148
Merit: 1000
i am accepting donations please Smiley

DD3wVa2UYWQm818RDnUkYsCD4fTRpMTXJf
hero member
Activity: 714
Merit: 500
Maybe your miners are fickle?  Cheesy

The network overall is gaining steadily.

"networkhashps" : 287157637

its because wdc lost a lot of profitability recently.
hero member
Activity: 1395
Merit: 505
I believe DGC is actually more profitable at current difficulty and block reward.  That said, it isn't on coinchoose yet so we're not getting much attention.  This is a good thing !
legendary
Activity: 966
Merit: 1052
Maybe your miners are fickle?  Cheesy

The network overall is gaining steadily.

"networkhashps" : 287157637
hero member
Activity: 714
Merit: 500
Realy interesting to see: As the profitability of Worldcoin goes up on coinchoose, The Hashrate of my DigitalCoin pool is going down :-D

miners flow like water
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