Feathercoin daemon and wallet production version 0.17.0.2

Difficulty Discussion - Fork Update - Bushstar


  • | Tip DigitalDoom

    [quote name=“ChristianRiesen” post=“2973” timestamp=“1368432961”]
    [b]Wait, did I understand the argument right that, this fork has to happen now in case the crypto currencies crash as a whole next week? IMHO that is not an argument, rather endtime panic for FC and crypto coins at large.[/b]

    Changes like this are disruptive and rather lower confidence than up it. If its done now, what stops it from happening again soon? The one thing you can be 100% sure about any infra structure is that the worst thing you can do is force everyone that builds on yours, is to change it so it will not work any longer. Granted, FeatherCoin is not like Paypal where thousands of merchants are using an API, but put yourself in their shoes. On which coin would you bet, if you had a site like Amazon, Paypal or just selling cables online, the one where you can set it up and it runs stable or the one where you have to make changes to and hope everyone else updates as well?

    To reiterate, these are my views and opinions. I value yours as well and am thankful we can have this mature conversation, something that is rather rare on the internet.
    [/quote]

    My apologies for the late reply and possible confusion. Was this directed at my statement yesterday? I’m thinking yes.

    Let me just make it clear now that I have a really bad habit of using exaggeration to make a point…sometimes very gross and extreme exaggeration. As I spend more time in this community I’m certain everyone will come to understand and expect it from me, as others have in various forums and communities that I frequent.

    I’m not sure how to respond to what you’ve proposed here, so I’ll just play it by ear and let out some random thoughts to hopefully build some bit of structure, positive destruction and chaos. I think my point was pretty obvious, though it’s not a very wise decision to act on impulse or in panic-mode…it’s also not any time to be “sitting it out”. There’s a whole lot more in play here than what’s obvious to all, I think. It’s a sticky situation so I apologize for being vague…it’s completely intentional I assure you.

    Your reply here is somewhat of a trap…what we used to call a “catch 22”. You are implying that taking any action to improve the current situation is equal to admitting defeat and that FTC is dying/dead. On the other hand, to do nothing and just “sit it out” would also be admitting defeat coupled with the potential of committing suicide for Feathercoin. You’re argument sets up a scenario where defeat/death is the only possible outcome no matter which action is taken or what decisions are made. It’s akin to propaganda in that it leads the audience to only one possible solution or end result. It’s a no win, as the ending is precipitated from the start!

    Luckily…the reality is much more dynamic than the single faceted, dead-end argument you’ve proposed here. In reality, there are several potential options to be decided upon and many different actions that could be taken. Each combination of decision+/-action having much more potential for positive outcome than the single-lane bridge you’re trying to carry us all across.

    I was going to continue this plight but, meh…I’m sleepy now. Besides, I’ve said enough already…clarity has been resolved. I do hope you feel better after this conversation…I know I do. I think…;D


  • | Tip justabitoftime

    These are great discussions, I’m enjoying the debate/ideas.


  • | Tip Pathosverdes3

    Any update on the fork ETA? I bet most supporting people are eagerly waiting for the new Win binary to get things going. We are all donating hashpower but it’s still sad to see the “time to retarget” grow on the stats page. I am sure the big rigs can’t run burning away cash for weeks no matter how supportive they are.


  • | Tip Bushstar

    The code should be ready to roll tomorrow if everything goes well. Then we should look at a weeks notice before we hit the next difficulty which will give us 41.4% more coins to mine without bringing back the miners in mass. Personally I’m looking forward to being able to mine those coins without everyone else mining them before me. I’m mining against what I believe this coins will be worth in the future just like when I used to mine Litecoin for what I thought it would be worth in the future.

    I was mining Litecoin when I thought it would one day be worth $1 🙂


  • | Tip raptorak

    [quote name=“Bushstar” post=“3238” timestamp=“1368516769”]
    The code should be ready to roll tomorrow if everything goes well. Then we should look at a weeks notice before we hit the next difficulty which will give us 41.4% more coins to mine without bringing back the miners in mass. Personally I’m looking forward to being able to mine those coins without everyone else mining them before me. I’m mining against what I believe this coins will be worth in the future just like when I used to mine Litecoin for what I thought it would be worth in the future.

    I was mining Litecoin when I thought it would one day be worth $1 🙂
    [/quote]

    How will this code change affect sites using “p2pool” or how will we be able to confirm that the site we’re mining on has made the necessary adjustments for when it’s time?

    Just wanting to help make sure people with their miners going aren’t hashing away into nothingness while waiting for pools to update and such, without realizing that they haven’t made the proper changes yet.


  • Regular Member | Tip Markus1337

    Great work Bushstar !! 🙂


  • Regular Member | Tip Nutnut

    [quote name=“Bushstar” post=“3238” timestamp=“1368516769”]
    The code should be ready to roll tomorrow if everything goes well. Then we should look at a weeks notice before we hit the next difficulty which will give us 41.4% more coins to mine without bringing back the miners in mass. Personally I’m looking forward to being able to mine those coins without everyone else mining them before me. I’m mining against what I believe this coins will be worth in the future just like when I used to mine Litecoin for what I thought it would be worth in the future.

    I was mining Litecoin when I thought it would one day be worth $1 🙂
    [/quote]

    Hoorah!!! Good work that man…


  • Regular Member | Tip DeadZebra

    [quote name=“Bushstar” post=“3238” timestamp=“1368516769”]
    The code should be ready to roll tomorrow if everything goes well. Then we should look at a weeks notice before we hit the next difficulty which will give us 41.4% more coins to mine without bringing back the miners in mass. Personally I’m looking forward to being able to mine those coins without everyone else mining them before me. I’m mining against what I believe this coins will be worth in the future just like when I used to mine Litecoin for what I thought it would be worth in the future.

    I was mining Litecoin when I thought it would one day be worth $1 🙂
    [/quote]

    Keen to update my client 🙂 thanks for the update.


  • | Tip Radacoin

    [quote name=“Bushstar” post=“3238” timestamp=“1368516769”]
    The code should be ready to roll tomorrow if everything goes well.
    [/quote]

    Quick questions:
    a) What have been the modifications?
    b) After which block become this modifications active?


  • | Tip JesstersDead

    +1 …fantastic


  • Regular Member | Tip zerodrama

    The only issue I see is the fact that we would be betting on the fickle miners treating it as a dead coin while the believers scoop up a nice chunk. It’s not an unreasonable forecast, but there’s going to be more waves of people leaving BTC.

    I’ll make a demo program of my algorithm. At the very least, perhaps we can include it as future code that can be switched on via a command option.


  • | Tip UKMark

    Absolutely brilliant bush! I must admit the original (although incorrect) 21’ish difficulty estimate on the stats page seemed more worrying than the estimated 22 day wait 😃

    I was mining Litecoin when I didn’t have a clue what they would be worth, all I knew was my electricity bill was increasing greatly, but I sold them all @ circa $4 - $5, well I exchanged for BTC, and now I’m propping up FTC both mining and purchasing, except with slightly more knowledge of where we are heading.

    Looking forward to the future of our Feather! 😎


  • | Tip Feather_lover

    [quote name=“zerodrama” post=“3325” timestamp=“1368530297”]
    The only issue I see is the fact that we would be betting on the fickle miners treating it as a dead coin while the believers scoop up a nice chunk. It’s not an unreasonable forecast, but there’s going to be more waves of people leaving BTC.

    I’ll make a demo program of my algorithm. At the very least, perhaps we can include it as future code that can be switched on via a command option.
    [/quote]

    I am in favour of having a solution that protects against large mining power swings. We would be better off doing it know than after one year from now. On the other hand, rushing fundamental changes into the software can lead to problems as well (see BTC lately).


  • Regular Member | Tip jeremiel

    [quote name=“UKMark” post=“3332” timestamp=“1368532384”]
    Absolutely brilliant bush! I must admit the original (although incorrect) 21’ish difficulty estimate on the stats page seemed more worrying than the estimated 22 day wait 😃

    I was mining Litecoin when I didn’t have a clue what they would be worth, all I knew was my electricity bill was increasing greatly, but I sold them all @ circa $4 - $5, well I exchanged for BTC, and now I’m propping up FTC both mining and purchasing, except with slightly more knowledge of where we are heading.

    Looking forward to the future of our Feather! 😎
    [/quote]

    25 day wait right now… slow shrinking…


  • | Tip haxree

    I think part of the problem is using block to count until next difficulty change - why not use time. Or would that mess up the coin limit/generation rate.


  • | Tip Ilocans

    [quote name=“haxree” post=“3450” timestamp=“1368557323”]
    I think part of the problem is using block to count until next difficulty change - why not use time. Or would that mess up the coin limit/generation rate.
    [/quote]
    Why not a mixed ?
    I mean the first between 2016 Blocks and X days, Would this prevent this kind of situation ?


  • | Tip UKMark

    [quote name=“haxree” post=“3450” timestamp=“1368557323”]
    I think part of the problem is using block to count until next difficulty change - why not use time. Or would that mess up the coin limit/generation rate.
    [/quote]

    That’s a fair point while I don’t understand the reason myself, how would it be made secure? Time can be altered (well it can’t, but it can :)) - I suppose we would need some sort of timezone setting EG: CST crypto-time-standard too that the network adhered too otherwise UTC/EST/GMT/EDT etc would all get their difficulty changes at different times.
    But like I say I don’t know the reason why not…


  • | Tip Bushstar

    [quote name=“haxree” post=“3450” timestamp=“1368557323”]
    I think part of the problem is using block to count until next difficulty change - why not use time. Or would that mess up the coin limit/generation rate.
    [/quote]

    A newly generated block gets its time from the median time of connected nodes. It is possible to have a new block with a time before the previous block. If you base the difficulty on the network time is could be exploited to change the difficulty.


  • Regular Member | Tip aysyr

    Isn’t NTP based on what I guess is considered the source of all network time? Would it be able to get its time from that?


  • | Tip UKMark

    [quote name=“aysyr” post=“3466” timestamp=“1368561226”]
    Isn’t NTP based on what I guess is considered the source of all network time? Would it be able to get its time from that?
    [/quote]

    From what I can gather, it is easy to set time wherever you want to, ie: In the future or past etc.
    I know many years ago those 30 day software trials used to last forever 😃