Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NYAN] NyanCoin - ★★★V1.2 Released! Now Listed on Cryptsy! ★★★
by
braxx
on 04/04/2014, 20:27:51 UTC
I think the exploit thing has been figured out now. There are some links and info at this link. http://www.reddit.com/r/nyancoins/comments/227mrz/alert_rampant_kgw_exploitation_cryptorush_is_now/

_______

Also.

I had no clue there was even a "first vote" for algorithm. Last I recall algo options were being discussed on reddit, and all of a sudden I see the sticky about final call here.

I feel there was a major lapse in letting it be clear what was going on, and I would like to again request hybrid PoW/PoS. This split vote says it all. The strongest push from PoS only seems to be major bagholders or devs, who are probably major bagholders.

 Sad


first vote was on march 29  https://bitcointalk.org/index.php?topic=477944.msg5974326#msg5974326
there were 5 options
option 1 nothing changes
option 2 x11
option 3 x11 pow + pos   (this option had the most votes)
option 4 scrypt-n
option 5 heavycoin algo

on march 31 the devs changed it to what it is now... (https://bitcointalk.org/index.php?topic=477944.msg5998832#msg5998832)

today they posted this...
Hey guys, we seem to be really divided at the moment! Even the team are divided and debating the decision. I would like to extend the poll duration so we can get more votes in and try to get more of an idea of what the community wants. This is very much a community coin and we really want our fellow nekonauts helping with major decisions such as these.

Keep the suggestions/comments coming! We want to get everyones ideas into the mix  Smiley

as I see the divided opinions, maybe a consensus is yet a hybrid algorythm...
set the proof of stake +51% and there will never be a 51% attack from mining