Author

Topic: [$XVG] VERGE [POW][MultiAlgo][TOR/i2P][no premine/ico!] - page 545. (Read 843765 times)

hero member
Activity: 1176
Merit: 501
that was the vote... thats not the actual switch.

Updates to the wallet need to happen.

Give a few minutes at least.  the Dev is great...but lets wait  til noon today.... then bug him about it! Smiley

that gives him 4 more hrs.   (est)



no really.  i think it would take SOME time.   holiday weekend and all that.   lets think Monday.   (if its before that..great!)

g
legendary
Activity: 2128
Merit: 1002
wow.
18 sell wall,reminds me 18/3 :/
ghost wall,suddenly appear and disappear.

btw when xvg switch to multi ago?

yesterday

https://bitcointalksearch.org/topic/m.14300426
Quote
clear winner on algos.

scrypt, x17, lyra2rev2, blake2s, groestl has won by a landslide.

sr. member
Activity: 1274
Merit: 263
wow.
18 sell wall,reminds me 18/3 :/
ghost wall,suddenly appear and disappear.

btw when xvg switch to multi ago?
hero member
Activity: 533
Merit: 500
I can't vote in the new poll but honestly, I don't think I could make up my mind anyway.
legendary
Activity: 1708
Merit: 1009
$XVG - The Standard in Crypto as a Currency!
what is the latest windows wallet version?

itll be out shortly, less than 2 weeks.

latest version has the verge logo in it, theres only been one. if its not syncing just be patient n let it sit
hero member
Activity: 808
Merit: 502
what is the latest windows wallet version?
full member
Activity: 198
Merit: 100
full member
Activity: 178
Merit: 100
I find it very hard to believe that ANYONE invested in hardware solely for the purpose of mining VERGE. Even if they did, this still doesn't really hurt them. Also, if they did, they should have done the math and bought VERGE instead of mining hardware.

Haha, yeah agreed.

Vercingetorix:
We kept the Scrypt option in for scrypt asic miners. That asic farm in China blew it for scrypt. Direct your ire towards them Vercingetorix. They were ruining the network.
legendary
Activity: 1708
Merit: 1009
$XVG - The Standard in Crypto as a Currency!
For next Wallet update, could you please consider implimenting 'kimoto gravity well algorithm' to regulate the diff please..

dont worry, we've got it all worked out now ;]
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
voted for 15 seconds/6250, i dont really know bout the technical problem if its changed to this, but considering of what is happening now, speeding the transaction is a primary now, dont know how it will affect the miner though, they are the most important people to be considered here

oh we've already come up with the solution for fixing the blockchain, this is just random and honestly i should have not even put it to vote.. lol

Pull the vote down , a can of worms is getting opened that could end in just a big shit fight mate!!  Once the Multi-algo starts , it will spread the rewards around and away from the hogs(this isnt directed at the normal run of the mill miners, its the hashzilla's kill the difficulty) , so wether people have only invested in scrypt miners just for verge mining (which i doubt in the majority of cases) , it will be spread over the other algos , so the arguement that people are getting ripped off is mute!!
Get the algos happens , speed well all except the hashzilla's killing it , i think is fine!!

good call. also glad we could finally get x17 going. thanks for keeping it on your github Cheesy

All good mate!!
newbie
Activity: 33
Merit: 0
For next Wallet update, could you please consider implimenting 'kimoto gravity well algorithm' to regulate the diff please..
legendary
Activity: 1708
Merit: 1009
$XVG - The Standard in Crypto as a Currency!
voted for 15 seconds/6250, i dont really know bout the technical problem if its changed to this, but considering of what is happening now, speeding the transaction is a primary now, dont know how it will affect the miner though, they are the most important people to be considered here

oh we've already come up with the solution for fixing the blockchain, this is just random and honestly i should have not even put it to vote.. lol

Pull the vote down , a can of worms is getting opened that could end in just a big shit fight mate!!  Once the Multi-algo starts , it will spread the rewards around and away from the hogs(this isnt directed at the normal run of the mill miners, its the hashzilla's kill the difficulty) , so wether people have only invested in scrypt miners just for verge mining (which i doubt in the majority of cases) , it will be spread over the other algos , so the arguement that people are getting ripped off is mute!!
Get the algos happens , speed well all except the hashzilla's killing it , i think is fine!!

good call. also glad we could finally get x17 going. thanks for keeping it on your github Cheesy
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
voted for 15 seconds/6250, i dont really know bout the technical problem if its changed to this, but considering of what is happening now, speeding the transaction is a primary now, dont know how it will affect the miner though, they are the most important people to be considered here

oh we've already come up with the solution for fixing the blockchain, this is just random and honestly i should have not even put it to vote.. lol

Pull the vote down , a can of worms is getting opened that could end in just a big shit fight mate!!  Once the Multi-algo starts , it will spread the rewards around and away from the hogs(this isnt directed at the normal run of the mill miners, its the hashzilla's kill the difficulty) , so wether people have only invested in scrypt miners just for verge mining (which i doubt in the majority of cases) , it will be spread over the other algos , so the arguement that people are getting ripped off is mute!!
Get the algos happens , speed well all except the hashzilla's killing it , i think is fine!!
legendary
Activity: 1708
Merit: 1009
$XVG - The Standard in Crypto as a Currency!
voted for 15 seconds/6250, i dont really know bout the technical problem if its changed to this, but considering of what is happening now, speeding the transaction is a primary now, dont know how it will affect the miner though, they are the most important people to be considered here

oh we've already come up with the solution for fixing the blockchain, this is just random and honestly i should have not even put it to vote.. lol
hero member
Activity: 742
Merit: 500
voted for 15 seconds/6250, i dont really know bout the technical problem if its changed to this, but considering of what is happening now, speeding the transaction is a primary now, dont know how it will affect the miner though, they are the most important people to be considered here
legendary
Activity: 1708
Merit: 1009
$XVG - The Standard in Crypto as a Currency!
i see no issue with reducing block time...

Bitcoin is having a civil war over whether or not to go to 2 MB per 10 min. With a 1 MB block limit and 15 s target time, you would effectively have 40 MB per 10 min. Greg Maxwell would probably shit a brick if someone proposed that for BTC. I guess 20 MB per 10 min (current situation with 30 s block target), or 40 MB per 10 min doesn't make a big difference in the end probably, but there could be an issue at some point if lots of txs started flying (or miners created a bunch of txs to stuff their own blocks for whatever reason), probably in either case.

we could always add pruning, for the users sake though. but also, all the megabytes in the limit are not used. bitcoin still only has about 800k in really high blocks, so they wouldnt even see larger blocks unless the transactions started doubling.
legendary
Activity: 3136
Merit: 1116
i see no issue with reducing block time...

Bitcoin is having a civil war over whether or not to go to 2 MB per 10 min. With a 1 MB block limit and 15 s target time, you would effectively have 40 MB per 10 min. Greg Maxwell would probably shit a brick if someone proposed that for BTC. I guess 20 MB per 10 min (current situation with 30 s block target), or 40 MB per 10 min doesn't make a big difference in the end probably, but there could be an issue at some point if lots of txs started flying (or miners created a bunch of txs to stuff their own blocks for whatever reason), probably in either case.
hero member
Activity: 533
Merit: 500
I find it very hard to believe that ANYONE invested in hardware solely for the purpose of mining VERGE. Even if they did, this still doesn't really hurt them. Also, if they did, they should have done the math and bought VERGE instead of mining hardware.
member
Activity: 280
Merit: 10
i see no issue with reducing block time, and altering the reward to fit it, so 15 seconds, 6,250, instead of right now having 30 seconds, 12,500.

i will not reduce or increase the overall amount of coins. that would be unfair. the idea of changing it to 30 seconds (staying the same as it is now) and 500 coins per block a reduction by over 11,000 coins), does in fact change the specs, and too much, in my opinion.

ive posted the options im willing to go with, halving the block time and halving the reward, and keeping it the same.

i like the idea of 15 second blocks and halving the reward, because this allows for faster transactions. block size will not be a worry, especially if we have blocks being produced faster, because we've already had blocks with thousands of transactions in them, and they were fine.

edit: to sum it up, i am not concerned with trying to make the price of xvg go up by changing the emission. that seems unfair and i am not willing to cooperate on that, sorry. we got to where we are as it is, and we will continue the way it is. that is why the only option im considering is halving the time and reward.

So, at 15 second block times, are we moving up the halving date because there are more blocks? Frankly, if we are that helps with the inflation issue in the near term.

yep so 15 seconds/6,250 xvg per block is what we get so voted for it
newbie
Activity: 48
Merit: 0
i see no issue with reducing block time, and altering the reward to fit it, so 15 seconds, 6,250, instead of right now having 30 seconds, 12,500.

i will not reduce or increase the overall amount of coins. that would be unfair. the idea of changing it to 30 seconds (staying the same as it is now) and 500 coins per block a reduction by over 11,000 coins), does in fact change the specs, and too much, in my opinion.

ive posted the options im willing to go with, halving the block time and halving the reward, and keeping it the same.

i like the idea of 15 second blocks and halving the reward, because this allows for faster transactions. block size will not be a worry, especially if we have blocks being produced faster, because we've already had blocks with thousands of transactions in them, and they were fine.

edit: to sum it up, i am not concerned with trying to make the price of xvg go up by changing the emission. that seems unfair and i am not willing to cooperate on that, sorry. we got to where we are as it is, and we will continue the way it is. that is why the only option im considering is halving the time and reward.

So, at 15 second block times, are we moving up the halving date because there are more blocks? Frankly, if we are that helps with the inflation issue in the near term.
Jump to: