Post
Topic
Board Announcements (Altcoins)
Re: [ANN][URO][X11][BITTREX] Long Term Currency Backed by 1 Million Tonnes of Urea
by
johndec2
on 04/06/2014, 07:56:49 UTC
Except you forgot to factor in one or two things... The next diff change is at Block 12960 which is 236 blocks away. Even at the current hashrate there was only 30 blocks solved in the last 24 hours.  At this rate it will take nearly 8 days to get a diff change but it will be probably longer as people are jumping off this coin in droves. Nethash is down ~ 20% in the last 24 hours.  It could take forever to get to block 12960.  Your coin will stall without intervention.

I'm throwing 30mh/s at this coin for virtually zero return. I'm outta here.  See you at Block 12960 or when you come to your senses and fix an almost broken coin.

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.