Topic: [ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013 - page 259. (Read 523463 times)
May 21, 2013, 12:17:22 AM
digitalcoin.co -> Source -> Windows Binary Repo
May 21, 2013, 12:14:42 AM
Anywhere else but mege to get the windows-qt. for some reason the mega link dont work for me
May 20, 2013, 11:52:38 PM
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
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.
May 20, 2013, 11:44:36 PM
I'm there .... well my pay seem to be according to 700 kH/s ... anyway ... for now i need to see 
May 20, 2013, 11:43:28 PM
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/
May 20, 2013, 11:38:32 PM
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
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) May 20, 2013, 11:36:35 PM
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
May 20, 2013, 11:33:50 PM
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-
May 20, 2013, 11:21:12 PM
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
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?
May 20, 2013, 11:14:40 PM
how many coins do i generate on 10mhash?
May 20, 2013, 11:10:58 PM
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.
May 20, 2013, 11:08:32 PM
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
May 20, 2013, 11:07:25 PM
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.
May 20, 2013, 11:06:20 PM
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.
May 20, 2013, 11:04:17 PM
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
May 20, 2013, 11:03:11 PM
I mine @ digi.CryptCoins.net but is slow to update ... i'll keep you posted.
May 20, 2013, 10:59:03 PM
i am accepting donations please
DD3wVa2UYWQm818RDnUkYsCD4fTRpMTXJf
DD3wVa2UYWQm818RDnUkYsCD4fTRpMTXJf
May 20, 2013, 10:53:34 PM
Maybe your miners are fickle? 
The network overall is gaining steadily.
"networkhashps" : 287157637
The network overall is gaining steadily.
"networkhashps" : 287157637
its because wdc lost a lot of profitability recently.
May 20, 2013, 10:52:52 PM
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 !
May 20, 2013, 10:52:07 PM
Maybe your miners are fickle?
The network overall is gaining steadily.
"networkhashps" : 287157637
The network overall is gaining steadily.
"networkhashps" : 287157637
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