Post
Topic
Board Altcoin Discussion
Re: [ANN][TIPS] [0.43 REQUIRED HARDFORK UPDATE!] FedoraCoin - Euphoria - Enlightenme
by
UNOE
on 27/12/2013, 08:50:06 UTC
I am getting quite sceptical about this coin to be honest.

Difficulty is such that everyone seems to mine millions and millions and millions of coins every day.
This devalues the coin tremendously because market demand can be satisfied by a few percent of total miners output.

Coin's difficulty should have been increased tenfold by now, instead nothing happened ...wth...?

Did maker of this coin never hear of 'inflation' ?

Do you not understand the concept of DOGE and TIPS with the large block sizes?

Difficulty means nothing there will always be the same amount of coins generated in the same time frame.  Just like all other coins.  The difficulty paces the release of each block, that's what it is designed to do.

You only see large balances by the miners because of the huge block sizes.  Fedoracoins will be worth less than small block coins.  But that's the whole point.