Quote from: keccak512 on April 09, 2014, 10:28:49 AM

Quote from: cayars on April 09, 2014, 03:17:09 AM

The coin was sold as using Kimoto Gravity Well but this was also quickly replaced by Temporal Retargeting which is a "home-brew" different way of adjusting difficulty on the fly.

That's not true. We never used Kimoto Gravity Well. We innovated Temporal Retargeting from the start. This is visible on the forums going all the way back to the PRE-ANN, but also in the source code.

Quote from: cayars on April 09, 2014, 03:17:09 AM

Am I wrong on anything I've said that has any substance?

Carlo

You need to check your facts and read a bit more.

Sorry for the bad info on KGW which was from the link I already posted. http://blog.gryfencryp.to/2014/03/19/heavycoin-hvc-democratic-cpu-coin/
So I did get that wrong by copying what someone else had wrote an article on. You should contact the author to get them to fix this article. My bad for that. But do you have any info can share with us to show TR has has been well tested before being implemented and doesn't have the same type of flaws like time warp, etc? While I personally would like to read about it. It's not that important compared to what I write below that I would really like your take on.

Quote from: keccak512 on April 09, 2014, 10:38:41 AM

Quote from: cayars on April 09, 2014, 03:17:09 AM

The bigger problem I see is that once out of limit phase which is 56 days, there is no reason left to mine this coin as the diff level is "beyond" through the roof. The coin itself is dead at

Except there's a 5 to 38+ year sustain phase. This is documented here: http://heavycoin.github.io/about.html#decentralised-voting

Did you bother reading anything before posting?

Heavycoin is being mined so intensely because it's a solid coin with unique innovations and developer support.

The code has been working very well without issues. Heavycoin's unique retargeting algorithm is also working extremely well with no hard-forks, unlike so many copy and paste coins.

Long-term Heavycoin will continue to flourish. Even at 8 HVC per block in the sustain phase, that's 40 HVC per 10 min, which is pretty good for a relatively small money supply.

According to website sustain phase has 10,000,576 coins that will be issued in the time span of 4.7 years to 38+ years (depending on votes).
10000576/4.7 years = 2,127,782.12 coins per year / 365 = 5829.54 coins per day / 24 hours = 242.89 coins per hour / 30 = 8.09 coins per block. Rounded down to 8 coins per block. I already had this information in an earlier post which I find alarming. THIS IS THE BEST CASE based on short vote count. Long vote count could make it 1 HVC per block reward. Reality will have it come in around the middle and will pay 4 or 5 HVC per block.

But even assuming straight low votes and we end up at only 4.7 years for sustain phase. WHO IS GOING TO MINE THIS? This coin will go from 550 (give or take) HVC per block to 5 HVC per block (give or take).

That's over a hundred fold decrease in mining profit overnight. The coin commits suicide IMHO as soon as that happens.

I'm not a hater, but don't see a bright future or any future for that matter for HVC at current without a core change to fix this major problem as I see it.

keccak512, I'm really trying to hold back even though it probably sounds like I'm being really rough or bashing on your guys. I just see flaws or missing information on most of the implementation or ideas behind the coin.

Could you please do us all a favor and put a timeline together showing what the math looks like with current voting patters for the rest of mint, what limit will look like and then what sustain will look like. And then do the same with a vote count half what it presently is and one at 50% higher vote count. This will lay out a good foundation for people to understand that aren't following the math.

How do you plan on addressing what I called the "suicide" phase? Is there anything in place, in discussion to fix this or do you really think people will continue to mine HVC at less then 10 coins per block? What will happen if the hash rate drops to 1/100th or 1/1000th of what it presently is, due to people moving on to mine other more profitable coins?

Carlo (starting to feel like the Grim Reaper of HVC news) Sad

PS there were 5 or 6 other posts since I started typing this and I see people are now getting what I'm saying and are already picking up on some of the problems I alluded to like 51% attack.

Yes, BTC is down and so are other alt coins. Really doesn't play into my thoughts much at all about this coins implementation. Really all that does is change the line of profitability a bit as I pointed out in the first "doom/gloom" message written yesterday where the 4 rig AMD is making less than 30 cents a day right now. But will that same person continue to pay $2.75 in electric costs per day to earn back 5 HVC per block?