Post
Topic
Board Altcoin Discussion
Re: List of all cryptocoins
by
xorxor
on 28/05/2013, 19:06:04 UTC
Sorry if this is a stupid question. What does diff resonance and hi diff slowdown mean?

There are no stupid questions.

Difficulty resonance happens when retarget algorithm is to fast and has no inertia. It enables some miners to abuse the system creating huge swings in difficulty
this makes chain hard to use and hard to mine.

Hi difficulty slowdown happens when retarget algorithm is to slow and has no inertia. it makes mining of a coin unprofitable for a long period of time making confirmations super slow and network is hard to use.

LKY didn't have an ultra-instamine, the author got a more reasonable amount of coins, especially compared to most coins. The dev gets a million coins and you call it an instamine, the dev gets a few thousand, and all of a sudden it's an ultra-instamine?

It was an idea to disable instamine by super big diff jump at the begining. noble and smart. but instead, acctualy diff jumped after many many diff 0 blocks that where  instamined at rampage speed and than bum! diff jump before anyone can start mining. also everybody was lured away from solomining by a promise of a pool being ready on coin launch, but pool was faulty or fake. additionally there is a premine not only unannounced, but with checkpoint shamelessly put into source code. also code was bad , no  primary node hardcoded and peer-search faulty - no connections untill you mannually add a node - further minimalizing chance that someone could get some of the easy blocks.

Do You still want me to change LKY description? I believe I did go super neutral on it.