Not a huge Fan of dat Botnet Algo here.
Its not fair at all and mostly ends up with a huge Dump in the End.
Destributition should be as fair and smooth as possible.
Current Algo will cause massive Hickups in the Future imo.
Explain us the huge dump???
Some guys will ether hoard their Coins and sell them all over a Pump or they sell them all the Time.
They usually get 70-90% of mined Coins and thats for free.
These Dumps over a massive Uptrend can cause a lot of longterm Damage.
Ether Way its not a good Thing when somebody gets that Percentage of mined Coins for free.
Dont get me wrong i like this Coin, simply dont like that Algo and CPU only Coins in general.
Zcash for Example does a much better job with the (heavy on the Ram) CPU Part of their Dual Mining Algo imo.
1) RAM USEYou positively mentioned the ram-use funktion in Z-Cash. Your description sounds exactly like what Europecoin does.
The "technical incorrect" term "Ram-Mining" describes that feature. (Specs are on the bottom of our OP)
Our Algo uses 1024 MB Ram per core. I also recommend to have a deeper look at our re-targeting mechanism,
which stands out from any other coin except Bitsend. Feel free to tell me, if these information's are solving your concerns,
i am interested in your opinion and i am always open to find out about ways to improve.
2) Some more thought about dumping: Despite the fact that dumps are not an issue, because a coin has to survive any challenge.
If a dump feels like doing harm to a coin, its not the dump, which is the problem, its having not enough buyers, whats the problem.
Given that, we are working hard to improve, i am far from satisfied with current buy support. We still have plenty of work to do.
3) Distribution in terms of dumpingBut even with the current buy support, our distribution is very low and the amount of coins, that are being issued,
cannot really do any harm to our markets, even more we have already handled quite epic dumps without any real problems.
4) blaming dumps, a bad policy among maintainers to shift responsibilityBut as i said, dumps are not responsible for ANY coins problems, WE are responsible to generate enough buy support.
I feel blaming dumps is a to often used by other maintainers, to distract from own failures. There is only ONE group of people, who is responsible
for the well being of this coin: The team of maintainers with the help of the community (like you).
Markets are free to do anything they want to our coin, we will take it as a friendly challenge to deal with it.
Being always responsible for the state of our coin is the most sustainable way to sty in control.
Coins, that can't survive even the markets of their own community, will not be able to win all those battles, needed to survive.
Every challenge, this movement has seen today, will look like ridiculous childsplay,
compared to what we will have to face in the coming 2-3 years to come. I am looking forward this adventure.
The race didn't yet begin.
thank you for your question and i am looking forward to read your thoughts
its fun
Matthias
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