Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
hozer
on 08/01/2014, 23:38:52 UTC
There needs to be a cap of 20% on difficulty increases, and 30% on difficulty decreases.
I can't think of anything else that needs to be changed.
Retarget time is good. Block rewards and such are good. Max coins is good.
Literally the only thing fucking with us are the large hashrate coin jumpers.

My publicly declared prediction based on this model has come true - so if the same model predicts problems with this proposed solution - it may be worth taking heed and adjust it or do whatever it takes so the solution we eventually implement will be successful in light of the proven model of how difficulty levels, coin exchange markets, coin hopper psychology interact.

Etblvu1


What do you predict if we retarget every block based on the last 36 block average?

With rational-only economic calculations, I think coinhoppers will still have an advantage, but since it's a gradual change, rather than a step change, I think the psychology and market dynamics will be dramatically different.