Thank you very much Fuse, we're in this together and we all appreciate the work you do! I'm just happy to be a little part in this!

Lets get that monkey of our back

This is exciting news for us all, did I read it correctly that you building a algorithm for NLG?

@Fuse

Your opinion on this?

https://forum.guldencoin.com/index.php?topic=850.0

Yes the Sterlingcoin developers' multipool Cystum runs on a different kind of profit. The way I see it, if some big hash goes towards that pool (can be X11 or SHA or Scrypt, which most of us can mine here I think) and payout in NLG you have an effect on price which makes it profitable to more miners. Now if we lose the price due to a 'dump' the profitability goes, but it will also go for pools like CM. It's more or less a solution to becoming bigger by attracting bigger miners without having to invest a lot of cash by a small group of people to keep investing in major hashes.

For example if I can get the payout of NLG to go up with the collective mining by using the Cystum pool, regardless of me pointing the hashes at the NLG chain that is good. Now, if NLG is the most profitable coin and we're paying out in NLG then Cystum will mine NLG and straightup payout NLG to the miners that mine Scrypt and pay out in NLG (minus a standard poolfee of course).

So you either help make it more profitable for smaller miners or more miners or you sustain the chain with more hashes through a system that takes the hassle out of having to check what coin you need to mine or if it's profitable at all to mine NLG right now or not.

I think that's a good way of combatting stuff like the CM issue ánd helping NLG both with price stability and increased hashrate as it's either buying coins from the market to pay you as a miner or you mine NLG through the pool. Very cool opportunity for us and I am very happy that Matt and Spencer and Steven finally got that pool done. At least it's worth a shot

Sold!  I've always wanted to go to Thailand anyway.  I've got a buddy from another coin that has a pretty nice vacation house in Phuket.  Maybe I should hit him up and pay him a visit.

If I can smuggle a couple of these out too, I'm down:



Oh, and maybe I'll bring back a harem of nice Thai women.  I'm sure the wife would love that one lol.

-Fuse

Phuket is nice but I know some better places to stay...
If you like these drinks, we go to Ho Chi Minh City (former Saigon) for the weekend. They manufacter these by the millions ;-)

That's some creepy shit

GULDENCOIN TO THE MOON 

Along the way of finalising the simulator a test algoritm is build in that gives us the opportunty to change a broad spectrum of parameters without changing the code every time. So with that we should be able to devellop a stable algo that is pretty jumppool resistant on short notice.

@ Markanth: I ran a testrun with a stable hashrate and Digi in its present form should give around 450 Blocks a day. Problem with the current Digi  is that it has no backward visibility so it compensates where it's designed for but does not compensate the shortage. Second problem that amplifies this behaviour is the fact that it starts oscilating the moment the hashrate differs. Also those oscilations are not compansated.