Where are the devs? At Facebook/ Twitter no news. I sell my 30 million coins and invest in HTML5. Mooncoin is shit.
Good morning. This is the last message from developer at 23 August:
Hi all,
With the exception of a few direct messages that really did not sit well with me; you have all been very patient.
I'm looking at getting the new release (hard fork) into place before block 1,150,000 (worst case scenario), hopefully at block 1,140,000 depending on how testing goes in the next few days. This will eventuate mid/late September, and will be a welcome change as the current retargeting system is quite harsh to say the least.
Onto upcoming developments:
At first I was pleased with the new algorithm 'Lyra2M'; however it wasn't perfect, often causing users machines to become quite sluggish and unusable. Additionally, I've had several hints that pools were ready to jump in at the block height of the fork, due to the pre-release of the cpuminer (it is possible to roughly setup a stratum based on available source code); as well as the nagging doubts as to a GPU miner being possible and/or written.
So with this in mind, i'd like to announce that we will be the first Cryptocurrency to utilize the BalloonHash password hashing algorithm (url
https://crypto.stanford.edu/balloon/ whitepaper
https://eprint.iacr.org/2016/027.pdf). Comparable in strength; yet more durable and resistant to attack than Argon2.
https://www.youtube.com/watch?v=HI3d-Typ_JY(quick video showing the new algorithm solving for a block)
Additionally; the new release will benefit from the Litecoin 13.3 codebase (with segwit), extensions for the Moonlite/Moonword platform; as well as a much needed retarget algorithm (with self-lowering difficulty after timeout).
Thankyou to those who have held on; it has been one epic ride,
baz.
So, we will have news soon.