\[Superseded by 0.6.4.4\] Feathercoin 0.6.4 - Hard Fork at block 33,000
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Weirdness: Network hashrate down. give-me-ftc.com hashrate multiplying. Very interesting.
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The stats page has now been updated to get the block time and retarget time from the last 120 blocks so not always the last retarget. If the retarget is less than 120 block before the current block, then it will count back to the retarget.
Expected Time per Block 0 day(s), 1 hour(s), 7 min, 41 sec
Time to Retarget 7 day(s), 8 hour(s), 0 min, 42 sec -
Thx, Bushstar. It’s important to have an idea when the coin will settle. WorldCoin is trying to offer a technological solution to a management problem. We don’t need 15 second confirmations. Most people wait longer to have the automated self-check out compute a total. It’s a really thin band-aid.
Also for those who argued for us to stay on with the old algorithm:
It is now 152 blocks before retarget @33000. This is going to take 7 days.
It is now 1524 blocks before the original retarget. That comes to 70 days.
There has been a regular decline in hashrate. 7 days could extend to 10, 70 to 100.Let’s learn from this experience. Worrying about hypothetical issues about versions persisting too long and telling people to just believe in the coin was too rhetorical and did not take into account the facts: THE MATH. We should make a graph of the hashrate drop and draw some measurable conclusions about confidence and tension in how the coin was perceived.
It appears I was right on the money with serraz’s pool. Even though hashrates have gone down, his ftc pool approaches 25% capacity much like his ltc pool. These miners stick around. We’ll see what coinotron miners do to the hashrate.
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zerodrama brings a good point, what is the ‘taboo’ of updating the client software frequently? ie what is the down side to making frequent changes? many softwares have optional automatic updates, is there any non-technical reasons why crypto-wallets don’t write their installers to offer this?
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Hi Bush, when your back please update Pools running Feathercoin 0.6.4 and include wemineftc.com, Cheers
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With cryptocoins and 51% it really is about making a conscious choice. Which is why Bitcoin did not force the update. Otherwise they would look like central bank.
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KenDog77 has now added 11Mh to the fc.dontmine.me pool. I am currently chasing an even larger miner to move things along. Anything I can do to speed this up I will, I’m taking the pro-active approach. Once we are past this block our difficulty adjust should suit us well.
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[quote name=“Bushstar” post=“4400” timestamp=“1368967673”]
KenDog77 has now added 11Mh to the fc.dontmine.me pool. I am currently chasing an even larger miner to move things along. Anything I can do to speed this up I will, I’m taking the pro-active approach. Once we are past this block our difficulty adjust should suit us well.
[/quote]Good news.
Btw, what happenned to that dog-not-botnet (or something like that). I remember my eyes almost popped out when saw that hash appear on my pool.
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[quote name=“Magic8Ball” post=“4405” timestamp=“1368970129”]
[quote author=Bushstar link=topic=505.msg4400#msg4400 date=1368967673]
KenDog77 has now added 11Mh to the fc.dontmine.me pool. I am currently chasing an even larger miner to move things along. Anything I can do to speed this up I will, I’m taking the pro-active approach. Once we are past this block our difficulty adjust should suit us well.
[/quote]Good news.
Btw, what happenned to that dog-not-botnet (or something like that). I remember my eyes almost popped out when saw that hash appear on my pool.
[/quote]Good spot. I’m chasing the pool owner to see if we can get any contact with this miner.
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[quote name=“Bushstar” post=“4351” timestamp=“1368908800”]
The stats page has now been updated to get the block time and retarget time from the last 120 blocks so not always the last retarget. If the retarget is less than 120 block before the current block, then it will count back to the retarget.Expected Time per Block 0 day(s), 1 hour(s), 7 min, 41 sec
Time to Retarget 7 day(s), 8 hour(s), 0 min, 42 sec
[/quote]I’m concerned because as of today, it STILL says 7 days, 8 hours.
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It went to 7 days and 2 hours last night. It’s SUNDAY. Monday will be another story.
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[quote name=“Bushstar” post=“4400” timestamp=“1368967673”]
KenDog77 has now added 11Mh to the fc.dontmine.me pool. I am currently chasing an even larger miner to move things along. Anything I can do to speed this up I will, I’m taking the pro-active approach. Once we are past this block our difficulty adjust should suit us well.
[/quote]just a shame that the pool have dropped from 207mhash to 183 within 24 hours.
im becomming a bit concerned that the 33000 block target where to high.unless someone are able to convince one of thoose megahashers or have enough ftc to buy power this currency might die. even though it has an awesome society
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[quote name=“svennand” post=“4437” timestamp=“1368991614”]
[quote author=Bushstar link=topic=505.msg4400#msg4400 date=1368967673]
KenDog77 has now added 11Mh to the fc.dontmine.me pool. I am currently chasing an even larger miner to move things along. Anything I can do to speed this up I will, I’m taking the pro-active approach. Once we are past this block our difficulty adjust should suit us well.
[/quote]just a shame that the pool have dropped from 207mhash to 183 within 24 hours.
im becomming a bit concerned that the 33000 block target where to high.unless someone are able to convince one of thoose megahashers or have enough ftc to buy power this currency might die. even though it has an awesome society
[/quote]I have to disagree. FTC has such a deep infrastructure being put in place, this is the absolute beginning. We’ll get through this hump and keep pressing forward.
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[quote name=“svennand” post=“4437” timestamp=“1368991614”]
[quote author=Bushstar link=topic=505.msg4400#msg4400 date=1368967673]
KenDog77 has now added 11Mh to the fc.dontmine.me pool. I am currently chasing an even larger miner to move things along. Anything I can do to speed this up I will, I’m taking the pro-active approach. Once we are past this block our difficulty adjust should suit us well.
[/quote]just a shame that the pool have dropped from 207mhash to 183 within 24 hours.
im becomming a bit concerned that the 33000 block target where to high.unless someone are able to convince one of thoose megahashers or have enough ftc to buy power this currency might die. even though it has an awesome society
[/quote] With justabitoftime and bushstar nothing will die here ;) and of course all the other members too! -
I still think its a temporary situtaion generated by everybody jumping on Worldcoin. In a couple of days it will either be added on an exchange, where people will dump and price plummet or it won’t in which case price will go down too. Eitherway a lot od hashes will go back to doing other struff; mostly LTC. A few will be back to FTC especially for those owners who have decent stock of FTC.
For miners its difficult to resist making easy money by mining WDC instead of FTC.
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Please add www.WeMineFTC.com to the pools support the new client please! We are with you guys from day 0 :)
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[quote name=“WeTradeCoins” post=“4441” timestamp=“1368995000”]
Please add www.WeMineFTC.com to the pools support the new client please! We are with you guys from day 0 :)
[/quote]We sincerely appreciate it! Link added.
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[quote name=“Magic8Ball” post=“4440” timestamp=“1368994969”]
I still think its a temporary situtaion generated by everybody jumping on Worldcoin. In a couple of days it will either be added on an exchange, where people will dump and price plummet or it won’t in which case price will go down too. Eitherway a lot od hashes will go back to doing other struff; mostly LTC. A few will be back to FTC especially for those owners who have decent stock of FTC.For miners its difficult to resist making easy money by mining WDC instead of FTC.
[/quote]Worldcoin. And Nibble. And Digital Coin, starting Monday.
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We’re never going to convince those that will coin hop for the quick new alt coin. We need to be creative, we need to pave our own way. I look forward to hitting the gaming market heavy for your help.
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[quote name=“justabitoftime” post=“4462” timestamp=“1369017312”]
We’re never going to convince those that will coin hop for the quick new alt coin. We need to be creative, we need to pave our own way. I look forward to hitting the gaming market heavy for your help.[/quote]FTC became victim of its own success. I respect your dedication but i don’t understand why you are not looking at some obvious problems. You’ll have to convince current miners to _stay_ and mine FTC for a few more days (a constantly growing number of days by the way). The network is currently 179,993 KHash/s and slowing, the time to retarget is growing again despite the corrections to the calculation. Estimate was 7 days 10 hours yesterday, it’s 7 days 5 hours now, which is obviously a bad sign. The original 22nd of May retarget plan is nowhere. My client has been out of sync for hours now, I am not sure i could even send a transaction.
