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jox
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March 27, 2014, 12:12:16 AM |
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Nice, I'am back in game. Now I can mine in panda multipool. I know there was no problem on my side.  But we need more hash, more marketing and promote panda multipool. Thanks for resolving this issue. |
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xfr
Newbie
 Offline
Activity: 53
Merit: 0
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March 27, 2014, 12:19:00 AM |
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It appears that by resetting your router, the old connections were still lingering and new ones were rejected for being over the quota per IP (a protection against DoS). I tried to make that part more robust in case of unexpected connection shutdowns.
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jox
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March 27, 2014, 12:28:57 AM |
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It appears that by resetting your router, the old connections were still lingering and new ones were rejected for being over the quota per IP (a protection against DoS). I tried to make that part more robust in case of unexpected connection shutdowns.
Reasonably explained, thanks. |
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xfr
Newbie
Offline
Activity: 53
Merit: 0
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March 27, 2014, 09:26:38 AM |
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Due to Cryptsy disabling HBN deposits for the past day or so, the round payouts were incomplete on the multipool. Everyone who had mined during rounds 12 to 22 should have received a bunch of additional payouts for the unaccounted HBN.
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jox
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March 27, 2014, 09:57:08 AM |
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Due to Cryptsy disabling HBN deposits for the past day or so, the round payouts were incomplete on the multipool. Everyone who had mined during rounds 12 to 22 should have received a bunch of additional payouts for the unaccounted HBN.
I just thinking about "extra" payouts in my wallet. Nice works guys with multipool. |
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mindact
Member
Offline
Activity: 68
Merit: 10
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March 27, 2014, 11:13:27 AM |
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confused name
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siarhei
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March 27, 2014, 11:48:57 AM |
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PND coin is shit shit shit
I lost 4 BTC on it!
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ph111
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March 27, 2014, 02:11:19 PM |
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PND coin is shit shit shit
I lost 4 BTC on it!
I lost just over 4 BTC not sure who to blame Myself Devs Wolong or Mintpal (not keen on mint pals actions) Boycott !!!  |
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doremi
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March 27, 2014, 02:27:03 PM |
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PND coin is shit shit shit
I lost 4 BTC on it!
I lost just over 4 BTC not sure who to blame Myself Devs Wolong or Mintpal (not keen on mint pals actions) Boycott !!! somehow...i didn`t feel sorry about that.... |
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jommy99
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March 27, 2014, 05:16:52 PM |
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me too, at least trying it |
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jox
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March 27, 2014, 09:35:33 PM |
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me too, at least trying it Good to see new miners there. I see new impovements on multipool like doge support, profit calculation. But most important thing for me is hash growing. |
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ph111
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March 27, 2014, 09:38:33 PM |
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PND coin is shit shit shit
I lost 4 BTC on it!
I lost just over 4 BTC not sure who to blame Myself Devs Wolong or Mintpal (not keen on mint pals actions) Boycott !!! somehow...i didn`t feel sorry about that.... I don't care if you don't feel sorry it doesn't affect me but maybe some other less fortunate people who got scammed by these scum it would. I'm just stating facts, please learn English before you comment (you call other people retards in previous posts of yours yet your grammar and spelling is very basic) it could be misleading when people don't understand you properly ! |
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pandacoin-official
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March 28, 2014, 02:29:02 AM |
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As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached.
This will allow for some time to consider next steps regarding either PoS or planned out static rewards. Opinions on the issue are welcome.
The code and wallet updates will be pushed in a few hours.
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vleroybrown
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March 28, 2014, 02:32:19 AM |
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PND coin is shit shit shit
I lost 4 BTC on it!
SHIT shit shhhh |
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kache
Full Member
Offline
Activity: 140
Merit: 100
Bored
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March 28, 2014, 02:41:42 AM |
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As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached.
This will allow for some time to consider next steps regarding either PoS or planned out static rewards. Opinions on the issue are welcome.
The code and wallet updates will be pushed in a few hours.
What about you just move the coin to X11+DGW, which will cut out most of the dumpers without damaging the aficionados in any way (since it takes like 5 minutes tops to setup sgminer-sph)? |
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eastwind_ja
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March 28, 2014, 02:41:59 AM |
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a ture coin,but late to let people accept!
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pandacoin-official
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March 28, 2014, 02:45:49 AM |
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As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached.
This will allow for some time to consider next steps regarding either PoS or planned out static rewards. Opinions on the issue are welcome.
The code and wallet updates will be pushed in a few hours.
What about you just move the coin to X11+DGW, which will cut out most of the dumpers without damaging the aficionados in any way (since it takes like 5 minutes tops to setup sgminer-sph)? I would like to avoid switching algorithm. This will be experimental anyway until we have a better solution. |
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Eastwind
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March 28, 2014, 10:17:03 AM |
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As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached.
This will allow for some time to consider next steps regarding either PoS or planned out static rewards. Opinions on the issue are welcome.
The code and wallet updates will be pushed in a few hours.
The reason why PND is dumped in the market is that it is profitable to do so with current hashing rate and difficulty level. If you reduce the block reward to 50k, then the hashing rate will reduce accordingly, it will be dumped again. It is in vicious cycle. You may not be able to increase the price by reducing the reward. Dodge is an example. The reward halved, the price was the same as difficulty halved. Too low hashing rate will make the PND network vulnerable due to very low hashing rate. With 250k reward, the hashing rate is 100MH/s, If you reduce it to 50k, the hash rate could be 20MH/s. It is very dangerous. So I would suggest keeping the current reward halving schedule. That was known from the beginning and we mine PND because of that. Making it fixed reward is a good idea. But please give us long warning time. You may also change it to scrypt-N. But that is too similar to PANDA. I think the future of PND is in scrypt-N. SpainCoin has been changed smoothly to scrypt-N. This could be done on block 100k or later, giving us long enough warning. The depressing of the price is due to little use of PND. |
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kache
Full Member
Offline
Activity: 140
Merit: 100
Bored
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March 28, 2014, 01:42:20 PM |
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As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached.
This will allow for some time to consider next steps regarding either PoS or planned out static rewards. Opinions on the issue are welcome.
The code and wallet updates will be pushed in a few hours.
The reason why PND is dumped in the market is that it is profitable to do so with current hashing rate and difficulty level. If you reduce the block reward to 50k, then the hashing rate will reduce accordingly, it will be dumped again. It is in vicious cycle. You may not be able to increase the price by reducing the reward. Dodge is an example. The reward halved, the price was the same as difficulty halved. Too low hashing rate will make the PND network vulnerable due to very low hashing rate. With 250k reward, the hashing rate is 100MH/s, If you reduce it to 50k, the hash rate could be 20MH/s. It is very dangerous. So I would suggest keeping the current reward halving schedule. That was known from the beginning and we mine PND because of that. Making it fixed reward is a good idea. But please give us long warning time. You may also change it to scrypt-N. But that is too similar to PANDA. I think the future of PND is in scrypt-N. SpainCoin has been changed smoothly to scrypt-N. This could be done on block 100k or later, giving us long enough warning. The depressing of the price is due to little use of PND. ScryptN is definitely not the future, because it's counter is basically just "put upgradable RAM in the ASICs", AND there have already been multiple reports if it burning out GPUs. The future is X11, which has neither of these issues, is ASIC resistant, has much lower heat, power consumption and wear/tear on the GPUs. X11+DGW is the perfect combo to keep a coin healthy, away from multipools, huge farms and heavy dumpers. If it starts being a real problem, a CGA-style reward can be implemented, while the total block reward is divided by the current difficulty (example: 500000/20=25000), thus discouraging the network from getting too big and keeping the farms/multipools out. |
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Jherek
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March 28, 2014, 01:55:50 PM |
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As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached.
This will allow for some time to consider next steps regarding either PoS or planned out static rewards. Opinions on the issue are welcome.
The code and wallet updates will be pushed in a few hours.
The reason why PND is dumped in the market is that it is profitable to do so with current hashing rate and difficulty level. If you reduce the block reward to 50k, then the hashing rate will reduce accordingly, it will be dumped again. It is in vicious cycle. You may not be able to increase the price by reducing the reward. Dodge is an example. The reward halved, the price was the same as difficulty halved. Too low hashing rate will make the PND network vulnerable due to very low hashing rate. With 250k reward, the hashing rate is 100MH/s, If you reduce it to 50k, the hash rate could be 20MH/s. It is very dangerous. So I would suggest keeping the current reward halving schedule. That was known from the beginning and we mine PND because of that. Making it fixed reward is a good idea. But please give us long warning time. You may also change it to scrypt-N. But that is too similar to PANDA. I think the future of PND is in scrypt-N. SpainCoin has been changed smoothly to scrypt-N. This could be done on block 100k or later, giving us long enough warning. The depressing of the price is due to little use of PND. ScryptN is definitely not the future, because it's counter is basically just "put upgradable RAM in the ASICs", AND there have already been multiple reports if it burning out GPUs. The future is X11, which has neither of these issues, is ASIC resistant, has much lower heat, power consumption and wear/tear on the GPUs. X11+DGW is the perfect combo to keep a coin healthy, away from multipools, huge farms and heavy dumpers. If it starts being a real problem, a CGA-style reward can be implemented, while the total block reward is divided by the current difficulty (example: 500000/20=25000), thus discouraging the network from getting too big and keeping the farms/multipools out. The future for PND is PoS, its biggest problem are not rewards or attacks, its the missing buy support. Also I truely believe, that the time of PoW-coins is over, its just too easy to exploit them with multipools - and there will always be a multipool as soon as some PoW is just profitable, no matter how. Scrypt-N might stop some dumpings for a short time but on a longer perspective, coins need to become PoS to stop multipool raping and dumping it. |
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