Quote from: ManDrone on February 09, 2014, 06:08:31 PM

Quote from: SackofBits on February 09, 2014, 05:41:54 PM

Quote from: phaddie on February 09, 2014, 05:39:25 PM

Quote from: mrcaesar on February 09, 2014, 05:23:12 PM

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.

Is there any chance we get forked because of multipools? jumps between 1gh and 30gh seem very risky for me.
I'm in this coin longterm, I've started this mining thing late December 13, have been mining Kittehcoin from day 1, I've been mining until this multipool story began, but still I've been mining other altcoins and buying all kittehs I can afford. I've strongest faith in this coin, and devs are superb. Also all my friends are in this coin with all of their funds.
I'm pretty much sure that when coin new specs kick in - price will go to 150+ satoshi. After that, when we get KGW and get stable 10GH network - the price will go 1000+ satoshi. At current Doge level success with 50gh+ - fair price is going to be 5k+ satoshi. And ofcourse after block halving at 200k - 10k+ satoshi. But my price tag is infinity, I'm in this coin to buy real life things in this currency, and won't be touching my kittehcoin until 10k satoshi for sure, only after that I will start buying something for this coin.

So what for are these prices i'm listing here? I just want to tell that new specs kick in will not help us with multipools, because prices will go up. I just have a question, why can't we move new spec closer, and KGW closer just like leafcoin did? Because of all these multipool things - we can't promote this coin, because noone wants to join a coin being raped by multipools.