@sammy007, your less-than-intelligible statement doesn't provide me with any insight beyond what is known today by miners. I'm seeking an articulate discussion/answer to my question re: KGW.
@MCCPool, thank you for your explanation. So in summary a new coin shouldn't launch with KGW enabled, but enable it at a later date, when the coin is listed on one or more exchanges *and* there is evidence of multipooling.
Hmmm, I fail to see why a coin couldn't/shouldn't launch with KGW enabled from the get-go. Does it have some sort of inherently large overhead that isn't good for coin launches but is good when multipools interfere? I'll see if I can find more info from other forums.
We are quite familiar with the KGW. While OctoCoin doesn't use KGW, it will adapt quite well to swings in network speed. Difficulty is re-targeted every 10 blocks using a 40 block sample with .25 damping. Max difficulty adjustment is +/- 8.8% - if multipools are hammering OctoCoin, it will compensate fairly rapidly. Typically, even an increase of 8.8% is enough to bounce the multipool elsewhere - including OctoCoin in multipools likely wouldn't even be worth the lost shares. If you haven't noticed, your actual returns at multipools aren't as good as advertised - there is an element of inefficiency involved.
People seem far too concerned about the difficulty formula - if the need arises to make adjustments down the road, we will certainly address that need. We are confident the current formula is an excellent launch formula, however. It will keep any significant insta-mining at bay while still giving the early miners an edge for the first few hundred blocks.
Although we built the difficulty formula using an algorithm to calculate the best possible balance in popularity, there is obviously no way to please everybody. Regardless, OctoCoin's secret sauce isn't in the difficulty formula of the coin - it will be the professional services that make it a cryptocurrency like you have never seen before. It's time the doubters realize just how powerful and useful this technology is and the only way to do that is to build secure, quality services around these currencies. However, it all starts with the coin. All existing currencies seem to be in various states of unraveling and we wanted to ensure a fresh start to set OctoCoin apart from the field.