Can't we get KGW update implemented sooner? We're doing roughly 600blocks daily, that means we will hit 1318XX block in 12 days. After that you will implement KGW, and that will take another 20days to take effect? Are we stuck in this multipool rape for another 30 days? That can possibly kill us. I suggest to kick KGW in now, and make KGW, block rewards and times to kick in at let's say 127k block (3-5 days from current 124k block).
This.
agreed
I do not agree that this will kill the coin - just slow it down a bit (seriously - Fedora and Moon and even Cat Coin, one of the most f'd up launch and relaunches are still alive). Your suppositions ignore a few important things. The changes (whether they come through in 3 or 12 days) slow down the rate of coin release, meaning you need twice the hashing power for the same number of coins. Additionally, retarget time is every 60 blocks. Yes, if the multipools hit us it will cause a yoyo (60 blocks super fast, 60 blocks painfully slow while the hashpower plummets). The big question is whether the multipools will go away with the new changes that effectively halve the block reward (by extending the target block time) and only give them a 60 block opportunity to make profit. Maybe they will and this change solves nothing. But with all the other coins out there, this change may be the first step towards stabilization. I wish the KGW was implemented initially (see my post in the original kitteh thread from January 7th where I told the devs as much and provided a link to the sourc code), but in lieu of that happening, this is not a bad start.