GoldCoin™ (GLC) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD] - page 36.

MicroGuy

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Quote from: Aurophilicity on June 28, 2016, 12:23:56 AM

Did the Nigerians crash the server? Grin

Welcome to the community and thank you for that much needed smile.

It's great to see this thread become so active again! --

-- The last time this happened I think Goldcoin reached the top 15 on Coinmarketcap! Shocked

... this new thread life is also giving me a chance to "shake the rust" off my moderating skills.

Aurophilicity

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Did the Nigerians crash the server? Grin

Aurophilicity

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Quote from: Xardas2014 on June 26, 2016, 10:09:49 PM

Me trying to mine with 150mh/s isn't "responsible"? I can't mine with it because if someone with a Titan mines for a few seconds there is nothing but orphans for days. If someone gets interested and spends a tiny amount on nicehash and puts 2gh/s onto the network, mining essentially stops.

In April and May, the hashrate was around 100 to 150 MH/s. 37.5 MH/s thereof came from me. It worked perfectly fine. Where were you? Huh

MicroGuy

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Quote from: Xardas2014 on June 26, 2016, 10:09:49 PM

Me trying to mine with 150mh/s isn't "responsible"? I can't mine with it because if someone with a Titan mines for a few seconds there is nothing but orphans for days. If someone gets interested and spends a tiny amount on nicehash and puts 2gh/s onto the network, mining essentially stops.

Frankly I'm baffled that you don't seem to want miners. Without us, you don't have a network or a coin. Transactions cease. If you only want a handful of low power miners, go PoS, or have your daemon block hashrates above X and announce it. To say you want loyal miners and at the same time pat yourself on the back for making it impossible to be a loyal miner doesn't make sense.

You say "Seems to be working so far..." but you only have a tiny hahsrate and the miners are getting nothing but orphans. For me it "isn't working well so far..." unless your goal is low participation, frustration, wasted mining, and slow transactions.

Thank you for these suggestions. I will pass this note along to our development team for review and analysis.

As always, we appreciate community feedback.

Xardas2014

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Me trying to mine with 150mh/s isn't "responsible"? I can't mine with it because if someone with a Titan mines for a few seconds there is nothing but orphans for days. If someone gets interested and spends a tiny amount on nicehash and puts 2gh/s onto the network, mining essentially stops.

Frankly I'm baffled that you don't seem to want miners. Without us, you don't have a network or a coin. Transactions cease. If you only want a handful of low power miners, go PoS, or have your daemon block hashrates above X and announce it. To say you want loyal miners and at the same time pat yourself on the back for making it impossible to be a loyal miner doesn't make sense.

You say "Seems to be working so far..." but you only have a tiny hashrate and the miners are getting nothing but orphans. For me it "isn't working well so far..." unless your goal is low participation, frustration, wasted mining, and slow transactions. Going from a $5m market cap to a $500k caps in 2 years isn't seen as progress by most people.

Obviously you disagree and are fond of deleting negative posts. As a miner/trader I delete unprofitable coins and stop trading them. If I didn't care, I won't be posting to tell you the problems.

MicroGuy

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Quote from: ?? on ??

Quote from: Xardas2014 on June 26, 2016, 12:39:17 AM

Quote from: ?? on ??

gold coin never disappoints me

I guess that means you don't actually mine GLD. It has been nothing but orphans for hours on all pools.

I don't have many problems mining GLD perhaps it is because i mine at low power

Yes. We have worked hard for the past 3 years to reward loyal community miners and to thwart auto-switching multi-pools.

Seems to be working well so far ....

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Quote from: Xardas2014 on June 26, 2016, 07:44:08 PM

I wouldn't call that a side effect, it is a game ending blow to the coin. You can't possibly expect people to mine a coin that starts spewing orphans when someone gets interested in mining it. Jesus, just look at the numbers: All-time orphan rate for sminers pool is 87.8%!!! In the last 24 hours the pool has had 19 out of 20 blocks orphan. Same thing for the day(s) before. In the last 7 days 36 of 38 were orphan. Since the pool opened it has had a grand total of 5 valid blocks!

http://sminers.com/index.php?page=statistics&action=blocks

Whoever is coding your coin needs to find a better solution. As it is when a multipool or rental user throws in a hashrate spike, the coin is unmineable for hours/days. Maybe you could have the Vardiff go to an insane diff level upon connect, gradually throttling down to avert the network shock. When you have a total net hashrate of a couple hundred mh/s, the 51% defense is rather pointless since just about anyone with an ASIC can grab 51%......kicking in the defense which stops the coin dead.

Goldcoin is engineered to be multi-pool resistant. This is by design and intended to encourage responsible mining behavior.

Xardas2014

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I wouldn't call that a side effect, it is a game ending blow to the coin. You can't possibly expect people to mine a coin that starts spewing orphans when someone gets interested in mining it. Jesus, just look at the numbers: All-time orphan rate for sminers pool is 87.8%!!! In the last 24 hours the pool has had 19 out of 20 blocks orphan. Same thing for the day(s) before. In the last 7 days 36 of 38 were orphan. Since the pool opened it has had a grand total of 5 valid blocks!

http://sminers.com/index.php?page=statistics&action=blocks

Whoever is coding your coin needs to find a better solution. As it is when a multipool or rental user throws in a hashrate spike, the coin is unmineable for hours/days. Maybe you could have the Vardiff go to an insane diff level upon connect, gradually throttling down to avert the network shock. When you have a total net hashrate of a couple hundred mh/s, the 51% defense is rather pointless since just about anyone with an ASIC can grab 51%......kicking in the defense which stops the coin dead.

MicroGuy

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Quote from: sawa on June 26, 2016, 05:01:46 PM

Quote from: Xardas2014 on June 26, 2016, 12:39:17 AM

Quote from: ?? on ??

gold coin never disappoints me

I guess that means you don't actually mine GLD. It has been nothing but orphans for hours on all pools.

It seems that this coin is exposed to attack 51%

No. When a large amount of hashrate is applied at once to the blockchain, Goldcoin's 51% defense system is activated. The side effect is an increase in orphans.

sawa

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Quote from: Xardas2014 on June 26, 2016, 12:39:17 AM

Quote from: ?? on ??

gold coin never disappoints me

I guess that means you don't actually mine GLD. It has been nothing but orphans for hours on all pools.

It seems that this coin is exposed to attack 51%

MicroGuy

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June 26th, 2016 Highlights

~~

Bittrex Discussion
The team talked about the possibility of a Bittrex listing which would provide a higher volume platform for our friends at Gold Club International. The desired time frame for a listing is one month.

GoldCoin App
We are very excited about the new Goldcoin App and discussed important features which would increase overall security and ease of use.

New Team Member
Introduction of our latest team member, Gilead Okolonkwo, who is responsible for expanding Goldcoin awareness and adoption throughout Africa.

~~

You can learn more about our public team meetings in the Goldcoin Facebook Group: https://www.facebook.com/groups/goldcointalk/

sawa

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I added a p2pool: http://crypto.office-on-the.net:8124/static/
miner config: "cgminer --scrypt -o stratum+tcp://crypto.office-on-the.net:8124 -u YourGLDPayoutAddress -p x --expiry 1 --scan-time 1 --queue 0"

Xardas2014

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Quote from: ?? on ??

gold coin never disappoints me

I guess that means you don't actually mine GLD. It has been nothing but orphans for hours on all pools.

Aurophilicity

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What ever happened to the Nigerian businessman who wanted to wire me 100 quintillion Federal Reserve Notes? Cheesy

I used to know a few industrious Nigerians in Berlin.
They're good at networking with each other.

Xardas2014

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Quote from: Xardas2014 on June 21, 2016, 08:53:45 PM

I think there is a problem either with the new code or something at http://scrypt.ispace.co.uk/ pool. I had about 30% of the network, according to Coinwarz, but didn't mine a single block in over 10 hours! Normally I had been getting a block every 3-5 minutes. Miners and configs are the same as what I've used for a long time. ETH miners didn't ever stop, so I know my connection didn't go down.

There is a new discussion on our forum today that should help to answer your questions: https://www.gldtalk.org/index.php?topic=3617.0

~~

iSpace Mining Pools ‏@iSpacePools 1h1 hour ago
@SnookerN00b Seems that GoldCoin forked due to the high hashrate. Blockchain has been rebuilt and is now back on correct fork.

Xardas2014

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I think there is a problem either with the new code or something at http://scrypt.ispace.co.uk/ pool. I had about 30% of the network, according to Coinwarz, but didn't mine a single block in over 10 hours! Normally I had been getting a block every 3-5 minutes. Miners and configs are the same as what I've used for a long time. ETH miners didn't ever stop, so I know my connection didn't go down.

Obviously I won't be mining GLD until this is looked into and fixed.

Camus

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