I neither hold nor mine DCT but I have been keeping a watching brief ...
lemonsieur has identified the key issue:
... the algorithm used, who really cares about it other than a small community of miners?
As is testified by the current state of DCN (and hundreds of other slowly-declining altcoins), the answer is broadly: no-one and, as lemonsieur notes elsewhere, for any small community of miners, numbers will inevitably dwindle to zero.
let's skip this discussion and move to what i think any serious coin should focus at : "use-value".
...
what does this coin really want? ... what is the reason of existence?
Nice to see someone else asking this crucial question.
If you if strip out the irrelevant padding, It's unambiguously clear from the ANN that the OP's understanding is end-user == miner ...
DEEPCoin (DCN) is an intuitive proof of work coin that takes proven technology and software and brings new and exciting functionality to benefit the end-user. Featuring our signature DEEPHash algorithm--comprised of Luffa512, CubeHash512 and Echo512mining DCN yields a much higher hash rate, several times higher than the previous algorithm at a lower TDP. We are committed to creating a unique coin for people to use and position ourselves with an energy efficient hashing solution that will not readily be picked up by ASIC miners.
That's as far as the new and exciting functionality actually stretches. Once you make yourself aware of that, DCN's track record is readily explicable and its future trajectory becomes fairly predictable (I suspect
Chaincoin would be the closest match).
Other hashalgo-based coins to look at are
SkeinCoin,
GroestlCoin,
FugueCoin,
X11/
13/
14/
15Coin,
QubitCoin, all of which are less than a year old, some a good deal younger.
Not all are totally dead in the water, traces of activity can be discerned here and there but it's difficult to argue that they've been successful on their own terms.
Also, don't forget to make yourself aware of the raft of Quark-based coins. I'm not going to list them here, that's what I creaed DOACC for, I'll just include the SPARQL query, so you can check for yourself (just paste it into the form field on the Minkiz SPARQL endpoint for DOACC (
http://minkiz.co/sparql):
PREFIX skos:
PREFIX doacc:
SELECT ?node ?label WHERE
{ ?node skos:prefLabel ?label .
?node doacc:pow ?pow .
?pow skos:prefLabel 'quark'@en
}
ORDER BY ?label
(here's a canned link to the results, if you'd rather cut to the chase)For an even longer view, see
SiFcoin, probably the first coin that emphasised algo features (by using a folklore combiner that was hoped to delay the advance of h/w), now being basically curated as a museum exhibit by cinnamon_carter. I would imagine that it's a similar motivation that prompts me to curate
RouletteCoin (
metadata).
Cheers
Graham