Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karmacoin Launched February 4 - NO PRE-MINE - 2.5+GHs
by
bitwho
on 06/02/2014, 09:02:15 UTC
dev shoule think to modify  retarget difficulty  time,prevent multpool damage this coin,the time is too long,at best the dif is change every block.

In my opinion every block actually discourages big players from aiming...while it may hurt to see them abandon at high difficulty, a longer time gives more constancy to hash rate.  I think a middle ground that would be a pain to monitor, but less often than every block (maybe 30-50 or less) would give more incentive to set and forget-maybe change every so often.  While small miners want the difficulty drop, those invested in it wanted it to raise,  finding something in between would give big guys a reason to hand around, at least more often, and little guys more of a chance.  In the end if, you really want a coin to be worth something you want a higher difficulty, if you want to make it as a miner you want a lower difficulty.  Gravity in my opinion encourages a much lower difficulty. 

I might be completely wrong, feel free to argue or correct me.  I'm not trying to say this like I know what I'm talking about, but that's how I see it.

i honestly believe the difficulty has been progressing at an absolutely perfect rate. rewarded early miners and gave enough time for newcomers to scoop up quite a bit KARM as well. i watched phicoin jump from 0 to 16 difficulty in less than an hour.. it was retarded and ridiculous, god knows where it's at now. karma has slowly but steadily been increasing since launch almost 72 hours ago @ a current difficulty of 32.  from 500 mh net hashrate, to 1gh, to 2.5 ghs day to day over 72 hours.. perfectly smooth ride up. it may have some qualities down the road integrating with reddit karma, but reddit themselves would have to adopt it and that's a very long road, dev would have to prove his commitment for sure. either way, successful or pump n dump altcoin that gets lost and forgotten, miners can succeed here no doubt. i'm mining @ 2.7mh, sold for 3btc + some change, and re-bought in. pretty damn good for the little guy.

i would i agree. so far everything is perfect. but we should keep in mind a faster difficulty re adjustment once it get more popular. But for now ,this is good , nice and linear