Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.3 Released MANDATORY UPDATE
by
UdjinM6
on 02/01/2014, 11:02:46 UTC
Difficulty adjusting algo can be changed to counter multi pools. Its called "anti multi pool patch" or "anti flash mining patch". Some scrypt coins already have, DOGE will get it sooner or later.

With multi pools stopped, DOGE value will raise.

how does it work?

@dogecoin any plans to implement this?

 If you think that this would be good for DOGE you are greatly mistaken. Just try to think outside of box for once.
If multipools drop DOGE, then indeed DOGE value per coin would rise a little, but only on short term. It will stabilize around same profitability as any other coin and will stay on that price rage for a very long time and will not benefit for DOGE in long term.
Why? I will tell you why:

Multipool brings a lot of additional hash power. There are several benefits on that:
 
1 .block reward will be halfed much sooner.
2. block reward halfed = price doubled - assuming that net hash will not drop.
3. more hash = lower price point = more coins on market = more people can afford to step in. = more popularity.
Its all connected and all good for DOGE in long term view.

+1 to this ^