Is this ship sinking?
Whats going on?, i read about chickenstripes?, WTF?!
You read child_harold's fud attempt. His claims of no mining pool existing for 3 days and a solominer are completely false. Proof can be found with the blockchain and the original thread.
I suggest you prove your point in my SDC thread (your posts here may well be deleted). Even if you are correct there is still the reduction of 20 million to 6 million and the PoW phase length reduction from 30 days to just 11. Why? Becuase of scrypt ASICs? Really?
And there is for me, and maybe others, a crisis in trust due to the fact there is still no peer review and without peer review proving innovation SDC has little value.
You don't have to buy the coin if you don't want to, but that doesn't give you the right to spam fuddery solely based on the lack of a peer review. Peer reviews, by nature, are not supposed to be commissioned and they will come with time. Welcome to Open Source.
On one hand you claim a foul with your false claim of a solominer taking over the network for a few days in the early PoW phase.
On the other hand you claim a foul for the devs preventing solo asic miners from taking over the network.
Even without the solo miner there are big questions, I said.
Your big question is why did the devs stop the PoW phase early? To protect the network from solo ASIC miners. I assume the devs didn't realise that they would draw attention from the scrypt ASICS. In order to protect the initial distribution, they ended PoW early. The coin has been advertised since then as having a max PoW supply of 6.4 million. I'm not sure why it's a big deal that the devs intended for that number to be more.
PoW is flawed in many people's opinions. There are no coins preventing people with large stores of hardware using them to disadvantage those with single CPUs and GPUs. The devs wanted to use PoS for Shadow. Only a few ways to distribute coins initially with PoS, and the devs chose to have an initial PoW phase instead of an ICO or a large genesis block with a free faucet.
Scrypt ASICs existed when SDC launched and SDCDev justified its use by saying "scrypt is tried and tested".
Even on page one you can see some comments expressing concern about the choice of scrypt.
To then act surprised when solo ASIC miners join the fun is spurious at best. Anynody can buy/rent a scrypt ASIC and I expect this was also true then.
The only pool open for pre-reg Chickenstrips (chickenstripes?) and listed on the original OP crashed hard only 30 blocks after the first 120 "fair launch" 1SDC reward blocks. Chaos IMO.