Quote from: CoinHunter on August 29, 2011, 12:43:20 PM

Quote from: Jimmy2011 on August 29, 2011, 12:27:37 PM

How do you guarantee it and what is your definition for the severe condition for solidcoin or for the business?
Maybe what you guarantee is the fast block generation less than 3 minutes.

A severe condition is 75% of the hashing power dropping off very suddenly (<8 hours). SolidCoin can handle this with almost no problem, it's not ideal to be in this condition and it's assumed to be a short term phase as SolidCoin defends itself against certain scenarios. If over 75% drops off or more within a few hours (something which is unlikely to happen given global spread of mining power and time delays in moving miners) then SolidCoin still manages to correct itself within a few days, compared to the months it would take Bitcoin to correct itself, if it ever would.

SolidCoin is pretty much unbeatable when it comes to the issues of miners moving themselves about as profitability dictates. SolidCoin can defend itself against a SolidCoin clone. We can already see a weeks worth of mining variability and the ability for SolidCoin to maintain impressive speeds.

Bitcoin is very vulnerable to something like SolidCoin which not only improves the protocol, but offers features which will drive business and users to it's chain. It is vulnerable to numerous attacks, whether malicious in intent or not, and it's very likely that we will see as SolidCoin gains traction that bitcoin cannot sustain itself. ie NameCoin, I0coin, Ixcoin, all based off bitcoin, all known failures of protocol.

How many bitcoin clones do we need to see fail before people understand there is something inherently wrong there? I give people ample warning of the situation so that if what I predict does come to pass no one can blame me for them losing their investment.

You changed 400% to 75% now, and 25% for other, and I am tired. One word I want to say is that you are very good at advertising. It seems that a lot of people was confused by your ad in your homepage. Further more, CoinHunter, you didn't answer my question, how do you proof solidcoin block with low variance?

According to your new update to 75%, 25% and maybe some other figures, your maximum 3 minutes block is wrong, and I just looked over the code, there may be 4min, 6min, 9min, 11min blocks and rare 13min block, of course, I mean the average block time in a window of 240 blocks.

What you claimed the stability is just to correct it in a few days, omg, and what we see now the miner power is too much, so please, please drop! All in all, the adjustment is delayed! One solution I proposed in my thread may solve the problem, it adjust difficulty in time, that is a candidate for business, and one more job is to consider transaction fee problem.