Hi Darkota,
I don't think that Anoncoin has been pumped and dumped repeatedly by the developers. It is true that Anoncoin has seen price manipulation like any other coin with low trading volume, but I don't see the hands of the developers in this. It is also true that the Gnosis's implementation of zerocoin was overhyped: my impression is that he was overly naive about the time commitment required to finish the job and that he did not profit from this (though I could be wrong, I am basing this on personal communication with him and judgement of his character).
Now that Cryptoslave and myself and acting as project managers, all development on the coin will be in the open on the
Anoncoin development schedule. We will announce here only when new builds/release-candidates/releases are available, or when important milestones have been met. There will be no hype coming from the development team. If we have lost your trust, we hope to earn it back.
When will you be asking for volunteers for testnet? The development schedule says testnet 4 is "soon"?
Thanks!
Are we close to release of the next client?
The
Anoncoin development schedule got updated today, please check it.
In short, we have now decided to do a hardfork instead of a softfork. I will briefly explain why.
At first, we are still plagued with mining issues due to the timewarp attack on the old KGW difficulty algorithm. Because we think this shall be overcome as soon as possible, we decided to change the difficulty algorithm in this very fork. This change can only be done with a hardfork so we acknowledged the need for one. This being stated, it was deemed beneficiary to also switch to a two algos chain at the same time, in this fork, instead that later.
So more precisely, with regard to the difficulty algorithm, GroundRod has developed AncShield, a fork of Digibyte's Multishield. The parameters have been chosen to avoid a timewarp attack by adjusting difficulty up more harshly than down, in contrast to digishield/multishield. Those parameters have yet to be tested by the devteam with several attack vectors and could be further modified, if needed.
Secondly, to avoid our chain been stuck at a high diff due to multipools jumping on and off, because our AncShield parameters are chosen to primarily avoid TW attack and hence for this purpose will be taking more time than digishield/multishield to return to the mean difficulty, we have decided to fork now on a two algos chain POW model. Thus, by following myriadcoin example, we will incorporate, in this fork, two POW algos, namely the original Scrypt algo but also SHA256d. Both mining algorithms will thus be ASIC minable and blocks will be distributed equally between the two algorithms, thus a Scrypt/SHA256d 1/1 mining model. Each algo will on average finds one block every 6 minutes, keeping the normal pace of Anoncoin mining schedule as actually used (ie one block every 3 min). The benefits for the Anoncoin network will be a better security with regards to a 51% attack as well as a better spread of block mining time (if one algo is stuck at a high diff due to a multipool jumping off, the other algorithm will not be affected). No merge mining will be allowed for any of the two algorithms in this hardfork, although for security reason this could eventually happen in a (distant) future. Until then Anoncoin will remain a pure POW coin. We also finally chose to not include a CPU mining algorithm such as PRIME for fear of low hashrate and thus opening risk of an attack from botnet. Same logical reasoning made us avoid GPU algorithms, to not be in the same situation than myriadcoin is with Groestl right now. The two algos implementation is still a work in progress.
Thirdly, a recent analysis by GroundRod of our 70007 node protocol version was effected. As it turns out, there is the need to improve the compatibility of the clearnet and the I2P nodes. This is a serious issue and we shall make wise use of the hardfork to implement a new way for both networks (clearnet and I2P) to communicate flawlessly. We will not release a public version of the client without having corrected it as we want to have the best I2P implementation for Anoncoin, due to our coin being the default I2P-cipherspace cryptocurrency. This is what is taking the time of the devteam right now.
Fourthly, the Anoncoin's test network (testnet) and regression test mode (regtest) were both updated to our new codebase. As soon as we will switch to the two algo mining, we will run a testnet and let interested people know about it to help us in detecting any bug that can result from all those changes. Meanwhile the Anoncoin develop builds are available, soon we will be at 0.9.4.5 version. BTW anyone using the 0.9.4.2 develop version shall update to the most recent version. Please check
How to build Anoncoin.
Finally now we have bootstrap files available as explained in
How to use a bootstrap.
We are sorry the price does not follow the work we are applying to the coin, but in time we hope this will be aknowledged by the community and price will correct. Of course, we cannot avoid people cashing out of anoncoin during this bitcoin rally.
CS
