No one using the coin would be devastating. A bunch of "investors" sitting around having a speculative circle jerk together, in no way puts more coins into circulation. In this way DogeCoin has done more for the Alt Community then all its speculators.
^ And having a large instamine has killed plenty a coin... I'd say it probably keeps more investors away than it attracts, and as much as I like Dark, it's obvious that the instamine is a problem for a lot of people.
Obviously the initial deployment was a disaster.
My view or (radical suggestion) is this... reset the coin. Start at block 0. I know it's radical and the coin will lose value for awhile.
In the long term, maybe 10 - 15 people are upset, but hundreds or thousands of miners jump on board and...
To me the whole project seems a bit too ambitious and complex. I might still invest in it but I wouldn't bet the farm on it. I think alot of thing things they are aiming to do can be built as third party services on top of current blockchains much better... and that this latter type of niche...
Any API to get the current difficulty / network hashrate, etc,etc of Darkcoin?
Looked around for a website with an API but couldn't find anything.
Thanks in advance...
From BitcoinTalk:
Quote from: illodin on Today at 04:10:21 PM
Any idea if digishield or dgw (version2) are susceptible to the same exploit?
Every coin using 1 block retargeting should take note. BCX has correctly identified an attack vector that an attacker (like himself) with enough resources...
Agreed, The more exchanges (good ones, not GOX, a trustless, secured by a block chain decentralized one being the best?) the better. The more people the better. Traders and Arbitrageurs and Consumers actually using a coin make a coin less volatile. At the end of the day coins are only going to...
^ Is it wrong that I enjoy watching it? If this Dev is serious about forking it, it could be a LTC bloodbath, which I find fascinating to watch.
I honestly don't see much value or innovation in LTC. It was the first Alt-Scrypt Coin and that's about it. Just because it was invented in 2012 or...
I'm guessing if you have LTC, they will maintain the blockchain so you will have LTC-asic vs LTC-gpu and you will have the same LTC in both when it forks... but likely there will be a battle for the hearts and minds and one or both will get destroyed.
Probably be a bit of a LTC war I think. Or a LTC and a LTC x11. It will definately be a mess. I just sold all my LTC.
I figure it's better to have it in BTC, since the only real difference between LTC and BTC is LTC has a faster confirmation time and less of a following.
^ I agree, in fact I've sold my LTC to BTC. Since LTC is pinned to BTC price, and LTC doesn't really have much innovation and has the potential to be forked, I don't see the point in holding it.
I think ASIC's will not be a failure for the companies that make them, but for the miners...