If you really wanted a fair launch you would make the first 1000 or 2000 blocks low reward if doing a ninja launch.
100 blocks at very low diff will pass in 1 min or less. At the normal low starting dif blocks come in sometimes 10 per second.
Ninja launches give the dev and friends max instamining opportunity.
100 blocks at very low diff will pass in 1 min or less. At the normal low starting dif blocks come in sometimes 10 per second.
Ninja launches give the dev and friends max instamining opportunity.
Well, it's a good comment. I will try to explain my launch concept. I did not post many technical aspects. We will try to start with high NFactor = 10 (or maybe a bit lower), so the gpus will have almost the same scrypt-jane hashrate as on scrypt coins (slightly above on 7970/280x). There will be 2 diff retargets during the first 100 blocks (with minimal rewards), lets say every retarget difficulty will increase by 200% (we didn't set the retarget parameters right now, I think it will be 200-300% max increase for solomining period). So with the max 200% diff growth we will have:
starting: 0.00024414
retarget at block 50: 0.00073242
retarget at block 100: 0.00219726
retarget at block 150: 0.00659178
retarget at block 200: 0.01977534
retarget at block 250: 0.05932602
retarget at block 300: 0.17797806
So as you can see even 200% max diff increase is pretty aggressive. After the launch there will be 10 minutes delay before I will release the passwords so many miners will prepare for mining and I expect that the diff will grow up really fast. It cannot be " I will do some tests and maybe we will set low reward for 1-200 or 1-300 blocks instead of 1-100 variant. I'll do several tests to set the final values.
I'll be glad if you can give some ideas how to make launch better. I also can be wrong somewhere.
Also i know several HUGE farm owners run scripts that monitor these ann threads so they they are alerted as soon as a ninja launch starts.
Of course most huge farms only mine coins they think will bring them a big profit so they don't bother with every ninja launch.
Of course most huge farms only mine coins they think will bring them a big profit so they don't bother with every ninja launch.
The simple notify option works good too, I use and I spotted some ninja launches. Sometimes it doesn't work for me
It must be not so fast to switch big farm to solomine scrypt-jane with custom miner settings (not to default scrypt coin). But my main point is that ninja launches provide overall better protection from mega farms than scheduled launches.
Also what is the total minting for this coin??
DBC will have unlimited mining as dogecoin. I will calculate approximate annual coin volume soon.
