So what is the estimate ... how many minutes, hours, or days will it take ... until this block is mined now at diff 4483.891 ?
Hah, sorry ... I can actually answer my question myself:
http://abe.darkgamex.ch:2751/chain/Anoncoin?count=500&hi=252656
It's has been happening in very regular intervalls, and then each time there was no block for 2-11 hours.
EDIT:
... 120 blocks = 600 ANC ... = more than 2 BTC if he can dump them at the current price. 2 BTC in less than 10 minutes.
Wow, some pool/miner can be getting really rich right now, with that trick. Crypto is a weird world.
Same guys are raping ANC since weeks. They are creating thousands ANC in some hours but devs don't care. Welcome to Anoncoin!
Wow does not look good at all....
its fine, there will be a hard fork with both a better difficulty algorithm, and multiple hashing algorithms (like myriad) I believe
Unfortunately I think this is a while away....not something you can just flick a switch on....development needs to occur and I think the dev team is focusing on zerocoin stuff rather than the foundational aspects of the coin
I think replacing KGW with a better difficulty algorithm would go a long way toward fixing this, as would increasing the hashrate from non-multipools (which is a social problem, not a technological one). Meeh is currently working on the KGW replacement, so it will not be long before there's a fix and hard fork.
Since I'm the only developer that can work on Zerocoin right now (meaning without any learning time), it makes more sense for me to stay working on this so that there's no chance of schedule slippage.
DGW V3 from Darkcoin is really fucking good as far as difficulty adjustments go. You guys should use , unless you absolutely feel like you have to make your own code. The network is getting hammered by 1 pool though, they are dumping as much as they can as soon as the price rises.
this means that currently someone controls nearly all of the hashpower of the network and earns all coins? Here we don't have a 51% attack it's more like a 99% attack where this pool can decide which transactions to include and which to drop?
i mean why should someone invest in this coin when another person earns all the mined coins to dump them when the price is high? as it seems this happend last night at cryptsy. dump from over 300k to 250k. i don't get why this isn't fixed before zerocoin is lunched. otherwise we end up with zerocoin in a few weeks with one person that mined 10 thousand of coins in a few weeks. i think this problem should be fixed as soon as possible.
after all the scams i have seen in crypto world i wouldn't be surprised if the dev owns the mining farm and therefore he has no interest to fix this problem as soon as possible as it would just shrink his earnings.