[GLC] Globalcoin | 4 Year Anniversary 1.5.4! | NO IPO, NO PREMINE | [SCRYPT] - page 63.

SistaFista

sr. member

Activity: 1638

Merit: 251

Quote from: glasgowbry on January 05, 2014, 06:26:04 AM

so global coin is dead Huh

any chance , who-ever does the website, can they add the link to this forum to it ?

Enough with the "global coin is dead" please. This is just a a minor issue that will be resolved. It does not de-value the coin, if anything it makes them more in demand as less are being mined per day. As I said above I am working on a mandatory update that will have you all smiling, hopefully......

SistaFista

sr. member

Activity: 1638

Merit: 251

Other project is completed/updated so its full steam ahead to hard fork this bad boy, but bare with me... To start a discussion, what diff re-target would you guys like to see implemented into Global Coin?

glasgowbry

newbie

Activity: 28

Merit: 0

so global coin is dead Huh

any chance , who-ever does the website, can they add the link to this forum to it ?

orco#2

hero member

Activity: 868

Merit: 1000

Difficulty alogorithm sux de balls.

600 blocks too many. Main Dev. has burnt out of crypto and stopped all work on coins, which is unfortunate. But Sista has learned Linux well enough and the github proocol to be able to make the changes. i have tried as well, and let me tell you that it is a nightmare.

But he is fixxing another of his project right now and will be working on GLC soon. Will take a week or two to make sure everything is working and to decide on the optimal blocok retarget, what block to make teh changes, etc.

Any feedback from teh community on the changes is appreciated and encouraged.

Is there any other coins you use that mine like a charm and what is there block retarget, etc.

NetCrashGER

member

Activity: 60

Merit: 10

I would donate but not if the problem resolved before
and a few more details about the current state would be nice

X68N

hero member

Activity: 672

Merit: 500

Quote from: orco#2 on January 02, 2014, 03:50:03 PM

Me and Sista are working to fix the diff algo now. It is supposed to happen at block 240,000 I believe, but we will likely patch and bring that update sooner. The swings are too strong and we are worried about the time it will take to get to the patch block.

This is mostly Sista, so thank him when it happens.

You might send him some GLC or something, he lost all his and he is continuing to work, so, just a thought.

May you as Developper could open a new Thread as Globalcoin development fund like Digitalcoin did?
When more people spend some coins and its public, the motivation is higher.
I would spend then too.

greetings

NetCrashGER

member

Activity: 60

Merit: 10

Any good news about the fix?
Thank you

orco#2

hero member

Activity: 868

Merit: 1000

Me and Sista are working to fix the diff algo now. It is supposed to happen at block 240,000 I believe, but we will likely patch and bring that update sooner. The swings are too strong and we are worried about the time it will take to get to the patch block.

This is mostly Sista, so thank him when it happens.

You might send him some GLC or something, he lost all his and he is continuing to work, so, just a thought.

colx

newbie

Activity: 56

Merit: 0

Quote from: bryan2402 on January 01, 2014, 04:30:58 PM

is the diff broken?

No, it was a big rush to mine this coin some days back when it was very low. Resultet in diff 12, and they left the boat. So with the retarget diff at 600 blocks, this might take a while with the current low hashrate.

bryan2402

newbie

Activity: 21

Merit: 0

is the diff broken?

MinerMike

member

Activity: 105

Merit: 10

Quote from: bbmm777 on January 01, 2014, 02:16:04 AM

World coin logo?

Here you are my good sir...

This is the Globalcoin thread though, you might want Globalcoins logo... Cool

bbmm777

newbie

Activity: 32

Merit: 0

World coin logo?

MinerMike

member

Activity: 105

Merit: 10

GLC block explorer http://blockchainx.com/ is down while I make some changes, will likely be a few days sorry!

For general Globalcoin information see http://162.243.239.107/

You can also see more detailed block information and transactions with http://searchthemall.net/glc/

NetCrashGER

member

Activity: 60

Merit: 10

I know that but i mine to support the coin

colx

newbie

Activity: 56

Merit: 0

Quote from: NetCrashGER on December 31, 2013, 08:20:17 AM

I have only two 7950 (1300khs) and the complete power go into GLC!!! Grin

With the current difficulty and price of this coin, it's not profitable at all...

NetCrashGER

member

Activity: 60

Merit: 10

I have only two 7950 (1300khs) and the complete power go into GLC!!! Grin

MinerMike

member

Activity: 105

Merit: 10

Quote from: MGGB on December 31, 2013, 01:20:10 AM

Help Please

, My wallet has finished downloading all the blocks and still says Out Of Sync, I have an unconfirmed transaction, I also have 8 active peers and conf file is up to date. Not sure what to do or where to go,
also I have downloaded the block chain twice. Thanks for any help. Huh

This is due to the last block being found over 9 hours ago with the difficulty so high and few miners. Transactions are bundled up into blocks and therefore no transactions have been processed in the last 9 hours.

We need to find a block to re-sync, so if you're not already mining jump on to help the network and have your transactions cleared.

Developers are working on an update to address the issue of difficulty retargets so this kind of thing shouldn't be an issue in the future.

UPDATE: Some blocks have now been found Cheesy

MGGB

full member

Activity: 236

Merit: 100

Help Please

, My wallet has finished downloading all the blocks and still says Out Of Sync, I have an unconfirmed transaction, I also have 8 active peers and conf file is up to date. Not sure what to do or where to go,
also I have downloaded the block chain twice. Thanks for any help. Huh

orco#2

hero member

Activity: 868

Merit: 1000

It is pretty interesting.

Watching this coin over the past few months as the difficulty swings get more and more out of control. This coin could have likely been mentioned on thebitcoinchannel if the difficulty issue was not so pronounced. the guy that runs that very visited site stated that his premise for liking a coin is how fast transactions happen. With our broken diff. we have nothing to offer.

This is supposedly to be fixed in the next few weeks, but we need that to happen.

MinerMike

member

Activity: 105

Merit: 10

Quote from: binaryclock on December 30, 2013, 09:10:53 AM

Yeah globalcoin has gone all weird. The diff has been way too high now for almost no hash power on the network. I think it went in to repair mode after that 0.06 diff session a few days ago.

That's the way it works with a difficulty retarget of 600 blocks. We're somewhat prone to difficulty strip-miners nowadays.

With 2Gh/s on the network during the 0.06 diff the retarget ramped up to 12.3 diff. Many miners then jumped ship leaving it stranded with another 294 blocks to go for difficulty retarget and only 20Mh/s on the network.

At the current diff and network hashrate we're looking at over a week to find those 294 blocks that will then invoke the diff retarget towards a more suitable level for the network speed Sad

I believe an improved retarget algo is being looked into for the next update to help with this.

Quote

Current block: 179,706

Time since last block: 0h 16m 47s

Network hashrate: 22,373 Kh/s for perspective that's around 37 Radeon 7950 GPU's.

Current difficulty: 12.31608598

Est. Next difficulty: 0.20836757 in 294 blocks / 8d 1h 5m at current hashrate.

Est. Total coins mined per day at current difficulty: 3,654 Globalcoins

Topic: [GLC] Globalcoin | 4 Year Anniversary 1.5.4! | NO IPO, NO PREMINE | [SCRYPT] - page 63. (Read 225833 times)