Author

Topic: NA - page 317. (Read 893613 times)

legendary
Activity: 1658
Merit: 1001
December 30, 2014, 04:40:56 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.
hero member
Activity: 886
Merit: 504
December 30, 2014, 03:48:11 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.

legendary
Activity: 988
Merit: 1000
December 30, 2014, 03:42:20 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.

Clever taking >50% and long block times.... or Clever only causing long block times. I would prefer the latter.

It's a real pity the simulator is not ready but I can see why you advised to decrease the block times to 75 seconds as it would reduce the long block times by 100%.

I welcome the change but as for expectations: Once the price goes over 1000 you can expect Clevermining to have over 50% of the hash again BUT as long as they on a more even playing field then they currently are now. I doubt anyone minds that they mining Guldencoin the problem is they not playing fair and have caused dedicated miners to move elsewhere.
Once things are more fair I think we will see more dedicated miners come back and stay for the longterm.

The above should be the most important requirement about the change and not whether clevermining still mines Guldencoin, in fact we need clevermining to sell coins as cheap as possible for more people to get in at good prices and also contribute to this AMAZING community.
legendary
Activity: 1197
Merit: 1001
December 30, 2014, 03:05:38 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.

Clever taking >50% and long block times.... or Clever only causing long block times. I would prefer the latter.

It's a real pity the simulator is not ready but I can see why you advised to decrease the block times to 75 seconds as it would reduce the long block times by 100%.
legendary
Activity: 1658
Merit: 1001
December 30, 2014, 03:00:15 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.

Clever taking >50% and long block times.... or Clever only causing long block times. I would prefer the latter.
legendary
Activity: 924
Merit: 1000
December 30, 2014, 02:45:32 AM
sr. member
Activity: 672
Merit: 250
December 30, 2014, 02:41:25 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.
legendary
Activity: 1148
Merit: 1000
December 29, 2014, 07:07:40 PM
new look / lay-out is online (beta)



http://www.guldencoinlinks.nl
newbie
Activity: 34
Merit: 0
December 29, 2014, 06:24:19 PM
Congratulations great decision !
Go Guldencoin.
sr. member
Activity: 880
Merit: 251
Think differently
December 29, 2014, 04:36:58 PM
Best christmas present ever!! Grin
hero member
Activity: 756
Merit: 500
Community Liaison,How can i help you?
December 29, 2014, 01:55:36 PM


Nederlands

De afgelopen weken hebben we de discussie omtrent de difficulty readjustment van dichtbij gevolgd en het is duidelijk geworden wat de volgende stap moet zijn. Nu is het tijd om die stap te zetten. De komende dagen zullen wij meer informatie hierover verstrekken. We zullen nauw samenwerken met ontwikkelaars in de community om ervoor te zorgen dat het een soepele overgang wordt.

Als je zorgen of bezwaren hebt, maak ze bekend op het officiele forum: https://forum.guldencoin.com/index.php?topic=745.0

English

For the last weeks we’ve been following the difficulty readjustment discussion closely and it is clear what the next step should be. Now its time to take that next step. In the coming days we will provide more information about this. We will work closely with developers in the community to make sure it will be a smooth transition.

If you have any concerns or objections please make them known at the official forum: https://forum.guldencoin.com/index.php?topic=745.0

Bump, because of new page and the most important topic today ofcourse  Wink

Good news! Im sure Digishield will do the job and if you have any questions the Digibyte team/community is willing to help you with the hardfork.
legendary
Activity: 1023
Merit: 1000
ltex.nl
legendary
Activity: 924
Merit: 1000
December 29, 2014, 12:25:03 PM

This is a concern for sure, but there are at least 3 other active NLG pools, including the coiniumserv pool that was announced recently.  Understand this though... I don't have an interest in running away with the network.  Unlike CM, we don't need to worry if my pool breaks 50%... we just need to readjust and spread the hashes.

Recently, 24Kilo has expressed interest running pools.  Another member of our team, Vesperwillow, has run pools for testing and private mining.  I'll see if I can help either one of them get a pool up and running to give the community additional options.

-Fuse

Hey Fuse I remember Vesperwillow from tagcoin, also a great person to have in the Criptoe team. Smiley It's really good to see what awesome folks Guldencoin has behind it!
legendary
Activity: 1658
Merit: 1001
December 29, 2014, 12:19:00 PM
[
Hmm, one more problem when Clever gets kicked off the chain... Criptoe will get >50% of the hash rate.

This is a concern for sure, but there are at least 3 other active NLG pools, including the coiniumserv pool that was announced recently.  Understand this though... I don't have an interest in running away with the network.  Unlike CM, we don't need to worry if my pool breaks 50%... we just need to readjust and spread the hashes.

Recently, 24Kilo has expressed interest running pools.  Another member of our team, Vesperwillow, has run pools for testing and private mining.  I'll see if I can help either one of them get a pool up and running to give the community additional options.

I can move hashes around, but my point was to do this before DIGI kicks in.
legendary
Activity: 952
Merit: 1000
December 29, 2014, 12:07:47 PM
For clearance about the change with Digishield:

So testing has been done with Digishield with 150 sec. blocktime and 1000 blockreward, am I right, Fuse?
Or has 75 sec. blocktime with 500 blockreward been tested as well, as 24Kilo suggested to do with Digishield? That would even be better or am I wrong in this? Which one will it be, is that clear yet?

We did not test the shorter block time.  All testing was done with our current values.

The change in block time is not a priority, nor is it a necessity.  It was an additional suggestion that would be beneficial in the long run, and something we can discuss at a later date.  It's a suggestion I fully stand behind though.  The Criptoe team will most likely test this in the future as well, and we'll provide data if it's requested by the dev team.


Ok, that makes it clear.  Smiley
legendary
Activity: 1582
Merit: 1002
HODL for life.
December 29, 2014, 12:04:39 PM
For clearance about the change with Digishield:

So testing has been done with Digishield with 150 sec. blocktime and 1000 blockreward, am I right, Fuse?
Or has 75 sec. blocktime with 500 blockreward been tested as well, as 24Kilo suggested to do with Digishield? That would even be better or am I wrong in this? Which one will it be, is that clear yet?

We did not test the shorter block time.  All testing was done with our current values.  The numbers Kilo has stated are mathematical inferences that can be derived from the proposed changes.  See my reply to /GJ about these numbers for clarification.

The change in block time is not a priority, nor is it a necessity.  It was an additional suggestion that would be beneficial in the long run, and something we can discuss at a later date.  It's a suggestion I fully stand behind though.  The Criptoe team will most likely test this in the future as well, and we'll provide data if it's requested by the dev team.


Hmm, one more problem when Clever gets kicked off the chain... Criptoe will get >50% of the hash rate.

This is a concern for sure, but there are at least 3 other active NLG pools, including the coiniumserv pool that was announced recently.  Understand this though... I don't have an interest in running away with the network.  Unlike CM, we don't need to worry if my pool breaks 50%... we just need to readjust and spread the hashes.

Recently, 24Kilo has expressed interest running pools.  Another member of our team, Vesperwillow, has run pools for testing and private mining.  I'll see if I can help either one of them get a pool up and running to give the community additional options.

-Fuse
full member
Activity: 170
Merit: 100
December 29, 2014, 11:46:07 AM
Thumbs up for DigiShield!  Grin  Grin
legendary
Activity: 952
Merit: 1000
December 29, 2014, 11:45:43 AM
For clearance about the change with Digishield:

So testing has been done with Digishield with 150 sec. blocktime and 1000 blockreward, am I right, Fuse?
Or has 75 sec. blocktime with 500 blockreward been tested as well, as 24Kilo suggested to do with Digishield? That would even be better or am I wrong in this? Which one will it be, is that clear yet?


  • reducing the block time to 75sec cuts transaction times by greater than 50%, speeding up transactions
  • reducing the block reward to 500NLG maintains the current number of NLG minted per 24hrs
  • increases the number of diff increments by 100% per 24hrs, from 576 to 1152
  • reduces the number of blocks a high-hash-rate attacking miner/multipool can mint by 80%
  • these changes support the community vision of NLG becoming a daily use currency
  • the only down side of this proposal is that the block chain storage requirement would double, but still be less than most alt-coins
full member
Activity: 128
Merit: 100
December 29, 2014, 11:37:55 AM
Hmm, one more problem when Clever gets kicked off the chain... Criptoe will get >50% of the hash rate.

Hahaha
I know Fuse, but I was thought because of this change, if someone would be most delighted about this, it would be you!!

Off course this is a win for the community, we all pressed for a change!

Don't get me wrong... I'm freaking ecstatic lol.  We'll finally take back our chain from CM.  Me this morning:



-Fuse

Laughed even louder hahaha!
sr. member
Activity: 246
Merit: 250
December 29, 2014, 11:32:36 AM
Hmm, one more problem when Clever gets kicked off the chain... Criptoe will get >50% of the hash rate.

Maybe we can block their ip address!  Cool
Jump to: