Quote from: GWCalvert on July 11, 2014, 09:26:58 PM

Quote from: AltCoinSpeculation on July 11, 2014, 12:13:08 PM

Thanks Lesni, I've added it to the website:
http://emeraldcoin.info/emd-pools/

Personally I'm thinking we should hand over the development of EMD to the Diamondcoin team so that it can be merge mined, what's everyone's opinion on this.. ?

I think the merged mining with DMD would only be a short-term solution to a much bigger issue. There would be a rise in price at the beginning, but for long-term growth and success a coin needs services and/or items that can be bought and sold. Without "real-world" uses for a currency, it will always be limited in it's potential.

I think what you have been doing to try and revitalize interest in Emerald is great. I have watched this currency for a few months, but have not mined any until today. It seems to be terribly undervalued, at the moment, and in need of a shot in the arm to get it going again. I am not sure that tying it in with another currency would be the best solution.

The biggest issue, facing Emerald, is the low net hash rate which allows the multipools to manipulate mining. Even with a different difficulty adjustment schedule, this would still be an issue. If more miners are not attracted to the "regular" pools, then multipools will keep mining, then dumping and driving the price down until it is no longer profitable to mine for them. At that point, you have driven away most of your community that was behind it.

Changing algos could help, but there are numerous X11, X13, Groestl, etc coins already on the market and I do not believe that it would make much of a difference in people adopting the currency. The number of good scrypt POW coins is small (and getting smaller as more go to PoS or another algo). I know GPU miners hate the Asics coming in and disrupting their easy mining, but it is really no different than the multipools that are already raping the currency. An asics' user will stay on a pool 24/7 mining a profitable coin (or one they believe has potential) and keep the difficulty fairly even instead creating wild swings like the multipools do.

I believe the best option would be a fork to implement the latest BitCoin core and add a difficulty adjustment schedule to even the peaks and valleys out somewhat. The new BitCoin core has numerous advantages over the LiteCoin core on which Emerald is based. I know a couple of people who might be willing to help in this capacity.

I am willing to help, where I can, to resurrect Emerald. Just send me a PM and we can see what can be done.

@Lesnik - The wallet works great on Win 8.1. Synced right up with no problems. Thanks.

I have to agree here, it wouldn't be hard to implement some changes to Emerald to keep things up to date. Nothing drastic needs to be done, some checkpoint updates, including KGW, modified re-targeting, etc... At no point soon do I see the need to merge this coin with another or change the algorithm.