Quote from: pseudonymdude on January 23, 2015, 10:33:47 PM

Quote from: Este Nuno on January 23, 2015, 07:57:01 AM

Quote from: pseudonymdude on January 21, 2015, 07:54:46 PM

Quote from: Este Nuno on January 21, 2015, 12:35:29 PM

Quote from: johndec2 on January 21, 2015, 09:47:21 AM

EDIT: Just thought of something. Why aren't the devs and fanbois on slack mining this coin? Either with their miners or rented hash? Surely that would be the first thing they would do to support the coin, unless?? No I don't wish to be part of the slack group. What's the point? Obviously nothing happening there... Fuck, I'd like my donation back, think it was ~ 0.25 BTC back when the project was exciting and BTC was worth something. Oh well, it was a donation - should have given it to the Salvation Army or such like

Live and learn but the clock is ticking........

People aren't renting miners because there's no point in renting miners. A lot of people don't see the network as a problem right now, as reduced supply is a good thing while things are still getting going.

I think the network will be fixed through a market based solution rather than through renting a bunch of hash. Renting hash is a temporary solution, but a healthy market with people buying marks is a long term one.

I somewhat disagree with this because use encourages development and can cause excitement. A stuck chain limits use.

I haven't been following this coin much. Did the devs update with a fix for difficulty retargeting when we do cross 468xx?

Thing is with Bitmark all our intended significant usage is meant to happen off-chain anyway. So in the very short term it's not really going to matter. Getting people mining it is as simple as putting up a sufficient amount of BTC at whatever price it takes to make it profitable for miners.

No change in the algorithm yet, as we've yet to really go through a period of demand to see whether it will perform as intended. But there are people working on a new chain right now testing some potential changes if necessary.

But there is less incentive to use it and hold it when it's possible that the chain could get stuck with no one to mine it.

Also, a low hashrate or one or two pools having all the hash could be somewhat dangerous if there were significant buy orders. Any thoughts on merged mining?

It's a lot less dangerous with the difficulty stuck as high as it is right now, as the cost to attack would be quite significant relative to other altcurrencies.

Right now there's no incentive other than speculation anyway, and people can still do that on Poloniex if they wish. One way or the other it will get resolved sometime in the near future. Either economically by demand increasing naturally as things are developed, or putting a buywall at a price sufficient for miners to mine. Or technically through a hard fork to a new algorithm as a result of the research being done by dbkeys, leathan, and ecucoin on their Pfennig fork's blockchain('zmark').