Updated wallet with checkpoints and seed nodes now available!
https://mega.co.nz/#!bxJwEQbC!XjevpQQgzjlXvVkF0CLdvCmufZXSazobeduj9_i6VpA
Topic: [ANN][DVK] DvoraKoin Multi-Algo SHA/SCRYPT/GROESTL (Now On 4 Exchanges!) - page 5. (Read 32952 times)
June 04, 2014, 09:07:15 PM
June 04, 2014, 08:37:36 PM
Price is low! Let's pump it up like it was on the weekend! 0.001BTC
With the current buy orders on Poloniex totaling .025 BTC across 4 total orders the outlook for this does not look good.
Unless some type of unique marketing/promotion goes on to draw people in I can't see how this would take off.
I agree that the reward structure is unique but think it may be a little too tough to get the miners to stick around.
With a 61.5% chance of a block being 1 coin, which current value is about $.05, that reward distributed among a mining pool it is more than likely going to cause miners to move on and not stick around unless something is done beyond a short term pump. I really like the multi-algo mining but feel the reward structure could be the downfall.
What would you suggest to remedy this? I'm all out of ideas...
It may make existing coins a little less valuable in the shorter term but maybe changing the reward structure if possible to drive mining back. I do not see an easy solution really but shorten the mining period to make below possible and/or add POS with small percentage of up to 5% per year. Mult-algo is really a great idea but the current reward structure is not working and this coin will die very quickly if it is not addressed soon. Current balance holders would need to be ok with some type of change which could devalue coins a little but some extreme measures are necessary if you intend to save this.
Maybe something like this
- 60% chance of the reward being 10
- 30% chance of the reward being 20
- 10% chance of the reward being 50
June 04, 2014, 07:34:25 PM
Price is low! Let's pump it up like it was on the weekend! 0.001BTC
With the current buy orders on Poloniex totaling .025 BTC across 4 total orders the outlook for this does not look good.
Unless some type of unique marketing/promotion goes on to draw people in I can't see how this would take off.
I agree that the reward structure is unique but think it may be a little too tough to get the miners to stick around.
With a 61.5% chance of a block being 1 coin, which current value is about $.05, that reward distributed among a mining pool it is more than likely going to cause miners to move on and not stick around unless something is done beyond a short term pump. I really like the multi-algo mining but feel the reward structure could be the downfall.
What would you suggest to remedy this? I'm all out of ideas...
June 04, 2014, 10:48:14 AM
Price is low! Let's pump it up like it was on the weekend! 0.001BTC
With the current buy orders on Poloniex totaling .025 BTC across 4 total orders the outlook for this does not look good.
Unless some type of unique marketing/promotion goes on to draw people in I can't see how this would take off.
I agree that the reward structure is unique but think it may be a little too tough to get the miners to stick around.
With a 61.5% chance of a block being 1 coin, which current value is about $.05, that reward distributed among a mining pool it is more than likely going to cause miners to move on and not stick around unless something is done beyond a short term pump. I really like the multi-algo mining but feel the reward structure could be the downfall.
June 04, 2014, 07:41:32 AM
For SHA 256 miners let me invite you to http://poollo.com/ , with 500 GH/s we have found 13 of the last 100 blocks, so if you have some unused (or languishing mining Bitcoins directly) Antminers, KNCs or Avalons just mine Dvoraks with us, only 0.9% fee.
June 04, 2014, 07:26:36 AM
Price is low! Let's pump it up like it was on the weekend! 0.001BTC
June 04, 2014, 03:06:35 AM
According to http://dvk.pool.mn/ there is something wrong with the SCRYPT part so blocks cannot be found.
DEV: can you please look into this?
DEV: can you please look into this?
That was an issue from launch, and no longer is a problem. I've sent a message to DVK.pool.mn but have had no response.
June 04, 2014, 02:53:51 AM
According to http://dvk.pool.mn/ there is something wrong with the SCRYPT part so blocks cannot be found.
DEV: can you please look into this?
DEV: can you please look into this?
dvk-scrypt.poolerino.com same problem..... we dont know whats wrong, running 20 scrypt pools without problems.....
June 04, 2014, 02:42:05 AM
According to http://dvk.pool.mn/ there is something wrong with the SCRYPT part so blocks cannot be found.
DEV: can you please look into this?
DEV: can you please look into this?
June 04, 2014, 02:24:16 AM
June 03, 2014, 06:58:20 PM
i don't care about the price,i will mine some coins and hold in wallet,
but it is really very hard to dig.
but it is really very hard to dig.
What Algo are you mining? It seems the difficulty with this coin is finding a good pool.
Zpool and the dev pool are finding lots of scrypt blocks now, minep.it is going well with SHA-256 and for groestl the most blocks are being found at p2poolcoin.
You have to remember as well that individually the algorithms have 7.5 minute block times, so there are fast transaction times but makes the coin harder to get
Hope that helped
June 03, 2014, 05:19:58 PM
i don't care about the price,i will mine some coins and hold in wallet,
but it is really very hard to dig.
but it is really very hard to dig.
June 03, 2014, 07:58:55 AM
I don't understand why people are so stupid to sell a coin with this kind of reward
At price lower than 0.0001
This coin price could be at least 0.002-0.003
Quote
- 61.5% chance of the reward being 1
- 20% chance of the reward being 2
-10% chance of the reward being 5
- 5% chance of the reward being 10
- 2.5% chance of the reward being 20
- 1% chance of the reward being 50
- 20% chance of the reward being 2
-10% chance of the reward being 5
- 5% chance of the reward being 10
- 2.5% chance of the reward being 20
- 1% chance of the reward being 50
At price lower than 0.0001
This coin price could be at least 0.002-0.003
June 03, 2014, 07:54:26 AM
June 03, 2014, 07:16:02 AM
We've now got almost 2 MHs on the dev pool, come and spread some hashrate! (Zpool has almost all)
Dvorakoin(dot)tk
Dvorakoin(dot)tk
June 03, 2014, 03:26:03 AM
Great innovation here, pretty sure this has never been done before! Definitely doesn't look like a MYR clone
June 03, 2014, 02:52:41 AM
addnode=162.248.4.167
addnode=198.50.219.220
addnode=5.231.60.198
addnode=192.99.3.15
addnode=212.129.1.77
addnode=88.125.173.33
addnode=198.50.219.220
addnode=5.231.60.198
addnode=192.99.3.15
addnode=212.129.1.77
addnode=88.125.173.33
Thanks for the extra nodes! We were short on a few...
June 03, 2014, 01:49:05 AM
addnode=162.248.4.167
addnode=198.50.219.220
addnode=5.231.60.198
addnode=192.99.3.15
addnode=212.129.1.77
addnode=88.125.173.33
addnode=198.50.219.220
addnode=5.231.60.198
addnode=192.99.3.15
addnode=212.129.1.77
addnode=88.125.173.33
June 03, 2014, 12:36:55 AM
i need node
June 02, 2014, 11:46:19 PM
man - have all the devs left town on this coin?
the link to the wallet in the OP doesn't even work.
Windows : www.dvorakoin.com/downloads/DvoraKoin_Windows.zip
it appears as though the dev dumped their coins and left town - and did not pay the hosting bill.
why?
the link to the wallet in the OP doesn't even work.
Windows : www.dvorakoin.com/downloads/DvoraKoin_Windows.zip
it appears as though the dev dumped their coins and left town - and did not pay the hosting bill.
why?
We are still here and have NOT sold any coins. There is a wallet mirror directly beside the one that you used, and the reason our pool has not found much is because zpool has all the miners.
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