Post
Topic
Board Announcements (Altcoins)
Re: [ANN][URO][X11][BITTREX] Long Term Currency Backed by 1 Million Tonnes of Urea
by
true-asset
on 03/06/2014, 12:19:21 UTC
Dev. You really need to push the new diff algo.  10 blocks found in the last 10+ hours.  It's insanely uneconomical to mine ATM.  

We are still testing it - correctness and safety is our top priority.

this is what test-net is for.
FFS all these so called 'developers' launching shitcoins without fully putting them through the wringer.

why would anyone invest in anything that hadn't been fully tested?

It has been 25 days since launch, at the planned 480 blocks a day there should be 12000 blocks mined. The current block height for Uro is 12707. So Uro is actually just slightly ahead of schedule by only 5.8%. That means the current Uro difficulty retarget algorithm is 94% accurate.

The fact that Uro is ahead of schedule by 700 blocks explains why the difficulty is high - the network is slowing itself down to get closer to the planned release schedule.