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Topic: [Idea] New Altcoin with built-in Max Hash power limiter? - page 2. (Read 1629 times)

hero member
Activity: 714
Merit: 510
interesting... how do you know the hash power out there?

maybe a better way is to "hold" any block for a given amount of time, after it is solved. No payout immediately.

What about random interval schedules? If the miners don't know exactly how many coins they'll get or when, they'll mine forever and it will be random just who gets how much of what. This would create a maximization of mining resources while discouraging the ASICs.

Think of it like an RPG where if you use the best weapon in the game (ASICS) it might not work on every monster which spawns. Since you wont know which monster will spawn, you wont want to use just any weapon but have them all. And since you don't know when that rare monster will spawn, you'll have to hunt in that area for as long as it takes until it spawns. Think of Dragonquest with the metal slime. Think of Final Fantasy with cactrot.
sr. member
Activity: 462
Merit: 250
interesting... how do you know the hash power out there?

maybe a better way is to "hold" any block for a given amount of time, after it is solved. No payout immediately.

we have the hash power calculation function in the miner thread. The limiter has to be based on that calculations. Problem may only be that this is only locally and maybe someone could just edit the source to get around that limitation as it is not controlled by the network.

That gets me to the thought, if it may be possible to have a "block solved at hashpower" value integrated to the solved block submit so the network can reject every mined block with a value higher than the limit?
hero member
Activity: 766
Merit: 621
Own ONION
interesting... how do you know the hash power out there?

maybe a better way is to "hold" any block for a given amount of time, after it is solved. No payout immediately.
sr. member
Activity: 462
Merit: 250
Is it possible to integrate a limiter for max hashing power?
Would be something like if hashp>2000kh/s then stop thread??

I would like to build a fork of lite/feather/chn/whatevermoreisthesame-coin with following changes:

- Reward 100 coins per block
- Diff incrementation very slow --> even "late adopters" will have a chance for coins doing solo mining
- Medium start diff --> For not having the first 10k blocks at 10 early adopter's wallets
- Maximum hash power limitation --> Even chances for everyone!
- Announced 5 days before launch!


Somebody with programming skills interested in joining this coin? I myself would need 10 weeks to implement the mentioned above as i am not that good in programming...

Please post your thoughts on this
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