Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VELD] - Veldspar - A new type of coin, trying to solve different problems
by
editfmah
on 07/08/2018, 09:25:51 UTC
Hello, I'm trying your alpha :
Code:
...
Found token! @2018-08-06 12:30:09 +0000 Ore:0 method:0 value:0.5
Token Address: 00000000-0000-00000032-000F92B8-00061284-0004D37B-000CDE...
Token successfully registered with Veldspar node.
...

What to do from here ?
How can we get the network and mining information ?

The next release of the node has a network statistics output,  showing what has been found,  what denominations etc.  I will post a link to the JSON api on here when it’s gone up.

I upgraded to 0.0.3 and it seems that i'm finding way less tokens. Metrics are nice, but rewards have decreased.

That is deliberate.  We may tweak it again if it's not working out.  We wanted to bulk out the middle range 0.5,1,5,10's and reduce the 0.01's and introduce the 100's & 200's to try and create a more realistic spread.

If people are disadvantaged over others that mined early, then I will try to redress that issue.  Because that runs entirely counter to the whole intention of the coin.  But that is mainly because people would get upset if I reset the network and called to start it all again.

There will always be people who will have a disadvantage when it comes to mining. Even one is early, someone with a mining farm can easily overtake him with regards to number of coins mined. It is admirable though that you are trying to be fair to everyone as much as possible.

I think i'm fine with a farm doing that, as for this concept, someone producing 5k hashes/second should get (on average) 5x the reward of someone mining at 1k h/s.  Because the bigger miner doesn't affect the little guy at all (well in theory is unlikely to).  But the problem was someone mining at 1k h/s using algo v1 would have the same reward as someone producing 5k h/s using v2 algo now.

Which is a shame, and we will be far more vigilant going forward.  It's just a shame it allowed some people to amass 20k coins in a day.

But yeah, big mines should not disadvantage little miners (except for the production of coin, and therefore the dilution of it's value I guess, urgh ... there is always something).