Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 522. (Read 3100004 times)

Why don't you read my post better or twice before writing down 7 line that had nothing to do with the discussion.

So , I repeat!

Have you seen even one sr or hero member proposing to change the distribution or algorithm to attract miners?

In fact, I have, and some are even working on their own coins to improve on bitcoin's flaws. What do you mean by that exactly? Senior or hero member in forum terms is a conservative person who has a nice stash of bitcoins and they'd rather not do anything and just watch their bitcoins appreciate indefinetely. Not gonna happen. Sooner or later something's gotta give. Stay alert and be prepared, no need for a rude awakening here if you can proactively take care of that individually researching and diversifying into a few alts of interest. Luckily, some senior and hero members understand the implications of inertness and work to address various issues.

oh wait, you said, 'to attract miners'? no, I meant correcting bitcoin's flaws, they propose and act. Some of them.

No , they are not even close .
Without investors there would be no miners.
Once the investors put money into it miners will come.

And no , it doesn't have to be a compromise for each to benefit.The free market will decide if it's best to mine or to buy or if it's worth being a miner anyway.

Have you seen even one sr or hero member proposing to change the distribution or algorithm to attract miners?

The Dogecoinburger is #1 on a vote to be included in Britain's McDonalds menu for a week!
https://myburger.mcdonalds.co.uk/detail/5380e10543e1a

Dogecoin is an unstoppable monster.



Very Want Such Crypto Must Mine

chill, chill, miners are as important as investors, there has to be a compromise here for everyone's benefit.

Bitcoin is being held hostage by its miners, it's too late to change anything in Bitcoin, miners simply won't let it happen, they dumped millions of $$$ into hardware. Bitcoin is an accident bound to happen sooner or later with their mining network. Dogecoin still can change something and prevent such accidents by introducing multiple independent algos, be it all strictly PoW algos or PoW/PoS combos.


Miners would not be satisified if price keeps going down either.

Also, if Scrypt ASIC miners are not all satisfied, the network will not suffer if some of them leave, because there will be other independent algos after the hard fork making sure the networking keeps running. Or PoS. Some Scrypt ASIC miners will stay and enjoy lower difficulty and others will return later as price goes up due to worries of investors on the 51% attack possibility gone.

That would definitely not satisfy the hundreds of miners who bought scrypt asics for Doge.
For now, our 40Gh/s network is quite secure. We still have a whole month to make dogecoin be worth more, and to get doge users to mine and secure their coin. This seems far from impossible.

Thanks for the answers, I'll buy some doge and then close the wallet for a couple of months... let's see how it goes 

The miners could go and ***. A coin need a lot more rather than just miners.
Who is talking about bitcoin future and the way is mined over in the main forum? Almost nobody , just the people who invested in mining rigs and they do keep a low profile!

Is somebody crazy enough to change the protocol just to please miners ? NO.

Because mining has no impact on the value of the coin.
Seems like miners have formed their union and try to impose themselves and they will screw coins just like they did to the auto industry in the us.

It doesn't have to be PoW/PoS combo.

It can be Scrypt/X11/Groestl/sha256/whatever else combo, that would satisfy the miners, AND make the 51% attack impossible, but that has to be done, and hard fork, yes, but it's not a problem, has been hard forked before a few times. The main point is to make the 51% attack impossible, that's what investors are looking for in the coin, give them peace of mind, make sure the coin will survive and they'll send the price to a few hundred satoshi.

I'm not sure how much you were planning on investing.
That said- it is a good time to jump in with something...doesn't have to be much. Say you throw in $500- worst case scenario, you lose close to $500.
Best case scenario, you hold on a few years and makes tens of thousands...
Seems to be more upside potential versus risk.
JMHO

The bottom line is it must Hardfork one last time. With the right fork price would reach new ATH in no time. How low it will sink in the meantime is anyone's guess. Right now is a good time to buy what ever you feel comfortable with. Once a decision has been made you may not be able to get some cheaply as existing sell orders would be cancelled and everyone wants to buy some.
It,s not easy for the dev as there are a lot of different opinions and options. There is also egos, even so Dogecoin should be the last to worry about that one. Its also better to take time and do it proper, just look at the Darkcoin fiasco with the spaghetti monster they had the other day.
It is no secret that the dev is not a very business oriented person (1 Doge 1) and also if you remember:
http://www.coindesk.com/dogecoin-founder-turns-500000-investment-offer/
It boils down to a pure gamble right now, i think he will deliver eventualy.
Personally i never had a PoS coin and never will. For me PoS proves nothing and the only Proof of Stake i have is the little Fiat i have remaining in the Bank. With PoW i can see the work being done. I dont care if you have dug the ditch by hand, with a digger or got someone else to do it. What matters is that you can prove now that the ditch is there where i wanted it and x amount of energy has been spent in doing so. Only if you have over-unity could you have cheated.
For me the value of a coin is how much energy has been, and how much will be spent (among other things). Value can only go up when hash points up.

Invest 25-50% of what you intended to invest into Doge, then wait and see.

I was about to invest some money in doge because of its low value but after some reading in the alt forums I'm not so convinced.
Do you think it will rise another time or the downtren will lasts some more day/weeks/months?

That is a joke:
So litecoin gets:

70
   928    232    674    158    22    11

And worldcoin:

    
57
   8    12    10    0    25    8

Does it look to you as a 13% difference?

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I would keep it to at least 25% of blocks generated with the PoS mechanism, that should be incentive enough to have a very decentralized network, not prone to the 51% attack.

75% of the blocks are generated by Scrypt miners per reward schedule specifications.

25% of the blocks are generated by opened wallets, reward is given according to their stake, like they do in CommunityCoin, but should in the long run not exceed 25% of the overall rewards for all the opened wallets. CommunityCoin does that somehow, code is open source.

Tx fees go to the block generator, no matter PoW or PoS.

I would even argue that a 0% PoS would help. Tons of people leave their wallets open all the time anyways, so even no benefits to staking (maybe get transaction fees?) would grant some security without changing reward structures.

I am sure they know of all the options, it's discussed on reddit, but I guess they also don't know how to have the community vote. Heated discussions show a lot of people disagree on changes, especially miners who like it the way it is, because it's most profitable for them not to change anything. But miners don't have the final say, the recent price drop, which I hope will make devs reconsider what's important, showed that investors play a big part too, and they need peace of mind for their investments.

I hope they read this thread from time to time, as it's crazy on reddit, serious topics there get downvoted and flooded quickly.

This is a good point. Getting changes done now rather than later will definitely make it easier to do.

Who are the current DOGE devs? I think people should contact them to see their opinion.