Re: DARKCOIN BIG SCAM?? let's take a closer look

Quote from: cryptohunter on April 06, 2014, 02:55:55 PM

Let's not derail it into BTC thread. If you want to derail it to being about btc create your own thread. Now to the point of the % of instamine. This is of course VERY important. I will not mention a number that i suspect since i am the OP and will be called bias. I invite others to examine the block explorer and speculate with evidence how great you feel the devs instamine was. There is no doubt that he instamined but how much?? I have seen figures of 1%-14% mentioned but everyone one should examine the time stamp of release and compare to the block explorer. How soon after the actual release was someone on the chain and how much was mined before a windows QT was released. Bare in mind up until that oint a VERY high % of the board were excluded.

I had a quick look into the numbers. I think it could be quite a lot, perhaps "huge" isn't an overstatement. One of the issues is that initially the difficulty retarget was set to 1 day, rather than 1 hour as intended. Also, there was a bug in the block rewards which meant they reset to max (500). It was fixed by block 4500. Overall, a hell of a lot of coins were mined in the first 24 hrs.

Quote from: eduffield on January 19, 2014, 05:57:39 PM

Quote from: phm on January 19, 2014, 05:14:09 PM

Quote from: kaene on January 19, 2014, 03:39:30 PM

Is it me or difficulty is stuck at 1.00 for the last 2 hours? The network is around 100Mh/s, and we are solving blocks faster than every 5 minutes, shouldn't diff be higher?

Yeah, it's been around 12 hours now and difficulty changed only few times. In the code there is:

static const int64 nTargetTimespan = 24 * 60 * 60; // Xcoin: 1 day
static const int64 nTargetSpacing = 2.5 * 60; // Xcoin: 2.5 minutes
static const int64 nInterval = nTargetTimespan / nTargetSpacing;

so interval between difficulty changes is 24 * 60 / 2.5 = 576 blocks. For me it looks like the target difficulty adjustment period is 1 day, not 1 hour.

You're correct.