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Topic: NA - page 316. (Read 893613 times)

legendary
Activity: 988
Merit: 1000
December 30, 2014, 10:23:26 AM
If digishield or no digishield means the choice between "a stuck network for long periods of time" or "a miningpool mining most coins and selling at low price", I'd prefer the latter.
By the way, it is not really the majority of the community, but a small group of max. 15 very active NLG community members with shared interests and views who are pulling the strings in NLG decision making. Maybe that is the best way, who knows. So digishield it is, let's hope it works out the way intended.

Digishield appears to be a lot more widely used then dgw for normal scrypt coins if you do a search. DGW seems good for x11, x13 coins.
hero member
Activity: 886
Merit: 504
December 30, 2014, 10:20:55 AM
If digishield or no digishield means the choice between "a stuck network for long periods of time" or "a miningpool mining most coins and selling at low price", I'd prefer the latter.
By the way, it is not really the majority of the community, but a small group of max. 15 very active NLG community members with shared interests and views who are pulling the strings in NLG decision making. Maybe that is the best way, who knows. So digishield it is, let's hope it works out the way intended.
legendary
Activity: 952
Merit: 1000
December 30, 2014, 10:14:38 AM
Understand that if it were up to me, we'd take more time to develop and test a better solution. But it seems the majority of the community wants to try Digishield..

Hai GJ. How long do you think it will last for the simulator to get ready for testing the bigger waves as well? Can you give an indication?

If it is only 2 or 3 weeks or so, I agree with you to wait and implement the best solution at once. But most dedicated miners have enough of what Clever does. It is going on too long now and if all takes another month or 2 months, I think most want the Digishield now, me included. I understand their point of view.

That is why keep the community updated with updates and info on this project was/is that important, not only when things are finished. I understand it is difficult to say when it is ready though, but an indication would be good as well.

hero member
Activity: 638
Merit: 500
December 30, 2014, 10:09:27 AM
Community Alert!!!

Digishield is not going to be a magic bullet against Clevermining. In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time.

If Clevermining hits the NLG network with 10x or 20x hash-rate of the base nethash, the difficulty will hit 10x or 20x in a blink. Digishield deals very aggressively with hash-rate spikes, and when Clevermining exits, taking the hash-rate with them, the network is going to be 'stuck' at a very high difficulty.

This Digishield doing its job, reacting quick enough to make it unprofitable to attack the network with high hash-rate.

No one knows how Clevermining or its profitability algo will react to this change. Terk may continue to test the network looking for a way to get coins at a discount. Depends on the tenacity of the Clevermining team as to how many cycles the network has to go through till Clevermining discovers how to best handle the changed diff algo. Do not expect Clevermining to go quietly, NLG has been their cash cow for many months.

I am expecting new record highs of difficulty and some long, grinding sessions before the network achieves equilibrium. What I don't expect to see is false difficulty lows and Clevermining minting the majority of the blocks in a 24hr period by attacking. If Terk decides to park 20x hash-rate on the NLG network for a few days or weeks, Clevermining will own the NLG network by brute force, but not at a discount as they have been.

The NLG dev team and community need to have realistic expectations of the upcoming difficulty algo change and the above is what I expect to happen.

Understand that if it were up to me, we'd take more time to develop and test a better solution. But it seems the majority of the community wants to try Digishield..

There was a tough discussion, then consensus and a desicion made by the team you are part of.
What is the message you giving us by making doubts about the decision you are part of?

I don't understand...
sr. member
Activity: 409
Merit: 250
December 30, 2014, 09:49:25 AM
Community Alert!!!

Digishield is not going to be a magic bullet against Clevermining. In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time.

If Clevermining hits the NLG network with 10x or 20x hash-rate of the base nethash, the difficulty will hit 10x or 20x in a blink. Digishield deals very aggressively with hash-rate spikes, and when Clevermining exits, taking the hash-rate with them, the network is going to be 'stuck' at a very high difficulty.

This Digishield doing its job, reacting quick enough to make it unprofitable to attack the network with high hash-rate.

No one knows how Clevermining or its profitability algo will react to this change. Terk may continue to test the network looking for a way to get coins at a discount. Depends on the tenacity of the Clevermining team as to how many cycles the network has to go through till Clevermining discovers how to best handle the changed diff algo. Do not expect Clevermining to go quietly, NLG has been their cash cow for many months.

I am expecting new record highs of difficulty and some long, grinding sessions before the network achieves equilibrium. What I don't expect to see is false difficulty lows and Clevermining minting the majority of the blocks in a 24hr period by attacking. If Terk decides to park 20x hash-rate on the NLG network for a few days or weeks, Clevermining will own the NLG network by brute force, but not at a discount as they have been.

The NLG dev team and community need to have realistic expectations of the upcoming difficulty algo change and the above is what I expect to happen.

Understand that if it were up to me, we'd take more time to develop and test a better solution. But it seems the majority of the community wants to try Digishield..
legendary
Activity: 1148
Merit: 1000
December 30, 2014, 09:32:13 AM
thanks for the coin! i love it
legendary
Activity: 1582
Merit: 1002
HODL for life.
December 30, 2014, 09:20:57 AM
Glad to hear that the coins are hitting their destinations.  I am just about to head out the door to work, so give me about an hour or so to get their and get settled, and then I'll post info in the coin thread on how to do the hologram stickers.

-Fuse
legendary
Activity: 1148
Merit: 1000
December 30, 2014, 09:19:55 AM
Shit, the annoying thing about living in Drenthe.. we're always lagging. No coins for me today  Sad

same here but not Drenthe
sr. member
Activity: 246
Merit: 250
December 30, 2014, 09:12:52 AM
Shit, the annoying thing about living in Drenthe.. we're always lagging. No coins for me today  Sad
legendary
Activity: 952
Merit: 1000
December 30, 2014, 08:16:55 AM
Lady's and gentlemen I've got them!



Tanks for the extras LTEX  Wink

Just recieved them also! Smiley Looking very good  Cool LTEX, Thanks for the distribution and extras as well.

@Fuse, how does it work with the hologram stickers?
legendary
Activity: 1023
Merit: 1000
ltex.nl
December 30, 2014, 07:57:56 AM
Is it a standard mail package? (it fits through the mailbox?)

good question

Yes, it does...
legendary
Activity: 1148
Merit: 1000
December 30, 2014, 07:34:01 AM
Is it a standard mail package? (it fits through the mailbox?)

good question
sr. member
Activity: 246
Merit: 250
December 30, 2014, 07:32:47 AM
Is it a standard mail package? (it fits through the mailbox?)
hero member
Activity: 638
Merit: 500
December 30, 2014, 07:22:41 AM
i'm waiting for the coin  Undecided

I am still waiting too ;-) But LTEX did a great job, very nice package!
legendary
Activity: 1148
Merit: 1000
December 30, 2014, 07:20:39 AM
i'm waiting for the coin  Undecided
newbie
Activity: 49
Merit: 0
December 30, 2014, 07:15:48 AM
sr. member
Activity: 393
Merit: 250
December 30, 2014, 07:10:17 AM
Lady's and gentlemen I've got them!



Tanks for the extras LTEX  Wink
legendary
Activity: 952
Merit: 1000
December 30, 2014, 05:52:36 AM
24Kilo quote: "In fact, expect network difficulty to hit new record highs and be 'stuck' for long periods of time."
That really does not sound good.

Depends on what "long periods of time" are. Check http://nlgstats.iblogger.org/ and see that recently the gap time has been 68 minutes as longest. That is less that before that (where long was multiple hours), if it doesn't become worse than those 68 minutes, I'm more than happy with it.

I think Clever will leave or lower their hashrate drasticly in time. Needs a few days or a few weeks, who knows. Maybe their total hashrate will lower to 1 GH/s again soon instead of 10 GH/s now at these prices. Dedicated miners will take over again and it will be much more profitable for dedicated miners to rent hash or to mine. That will even further lower the Clever influence in time.

Other possibility is that Clever holds on for battle as priority, not profits as priority and raise their hashpower. But that won't be for long, I think.

I also think the 2.5 minutes blocktime is a big factor in readjustment time of the newtork, reacting on diff spikes. Would have been good to have tested the 75 sec. blocktime. Also the discussion of changing some parameters in DGW3 was there a few months ago, but Digishield seems better after the tests.

So I support the Digishield for now, because waiting took too long for dedicated miners.
legendary
Activity: 1148
Merit: 1000
legendary
Activity: 1023
Merit: 1000
ltex.nl
December 30, 2014, 05:41:31 AM
I want to thank 24Kilo for giving us a fair warning about the expected short term downfall Digi might bring. This doesn't mean it will fail, it means the network (and our frame of mind) needs to adjust first. In the end, I think Clever and other MP's will drop their brutal (short) attacks and move on to other profitable coins. Let's give it some time...

I also think the other suggestions of 24Kilo might smoothen things better as well. I'll leave that up to Geert-Johan though, he is the one that knows best.

We're moving in the right direction Gents!
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