Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
hozer
on 12/01/2014, 05:30:29 UTC
Fork?

But most important now is to get community support and not get 2
CATcoins. If Cryptsy delist it, it will be desaster.

What kr105 think about one more fork?

If you implement it only in pool side(not hard fork) it can be that diff on "forked
wersion will be lower than network (how you deal with it?).

If you not going hard fork, there is not need to scare peoples with this thing.
I can do reserch in matlab (P=1-e^-lambda*t, only need to calc lambda from
hashpower and diff(need simple equation) to do research on hashpower stepping
and filtering).

If you gonna hard fork, leave this idea for now, wait comminity reaction.
Hard forks must be organiszed if we have CATcoin alive.

I'm finding community reaction by watching the hashrate. Vote with your hashes. The coin is easily attackable with less than say $150,000 worth of GPU hardware when everyone leaves because difficulty is high, AND p2pool is effectively unusable, leaving you up to the whims of pool operators. Look at http://catcoins.biz/charts/ .. in 18 blocks (20988) jumper(s) will show up, and halfway through (20999) I fork. What happens next is up to you.

I'm not going to call it CATcoin anymore if nobody hashes on my fork, I'm going to learn a little, clean up the code, and launch Kittycoin. But I figured I'd do the CAT community a favor first and tell them exactly what's going on and what I'm planning.

If you are worried about de-listing, don't. Exchanges are also a single centralized choke point, and stuff like https://github.com/PhantomPhreak/counterpartyd will allow fully distributed exchanges, which is why I included it my release. So if an exchange de-lists, then we just make it so we can all do distributed trades with CAT/LTC/BTC/DOGE directly from our catcoin-qt front-ends.

Did I miss something ?  I tought we were only discussing, and testing ideas for a possible fork, not a fork in it self and like this, and I refuse that you fork the coin and I'm sure I'm not the only to do so, this is more or less an hostile takeover, and rushing thing out, we need to dicuss things, if anyone passing by decides to fork whatever coin he wants whenever he wants it's going to be a miss, and just kill the coin.

Please reconsider again what you are doing, No fork for now, we can discuss and test ideas, but I don't want to see another rushed one sided fork.

Tell me what you want to see. I got into Catcoin because I live with 3 cats, and it seemed like a better long-term-deal than copycatcoin of the week, and better than doing another bogus launch of a new coin. Catcoin is a fork of Litecoin/Bitcoin, and KR105 listened to the community and switched from sha256 to scrypt.

I want to see Catcoins worth approximately what it costs own a cat, or about $10,000 each. I want rough consensus and running code.

Quote
"We reject: kings, presidents and voting.
  We believe in: rough consensus and running code."
http://tools.ietf.org/html/draft-moonesamy-consensus-00

The code is running, the consensus will be obvious in the hashrates.