Namecoin Forum

[...] knowing that everyone who got a bitcoin has also got an equal amount of namecoins, what would you assign to the value of namecoin? My bet is zero, or some really really small speculative value. So after a little bit, the additional income merged mining provides will become negligible - simply...

could not find anything like a vote there... We had several threads for two month hearing everybodys concerns and discussing the details. We cleared any issue and vinced even waited long between his posts and updates. Furthermore we did a full rollout on testnet and forked the blockchain there and ...

was there a vote about merged mining? if not, how who made the decision? Yes, there was: http://dot-bit.org/forum/viewtopic.php?f=5&t=217 merged mining will start in 370 NMC blocks but nevertheless it is a good idea to discuss further options. Both solutions aren't mutually exclusive. could not fin...

I agree, but have it so that the difficulty changes say 6 or greater blocks after the block that is greater than 2 weeks to stop any time asynchronous errors or shennanigans from creeping in ... i.e. have a hashed time/date-stamp confirming the 'overdue' diff. adjustment at least 6 deep in the chai...

It seems like there should be some way to tell time without using an external time source since one of the tasks of the btc/nmc network is to act as a time-stamping algorithm (this is the concept behind the double-spend solution and what all the hashing is about). It is not a super accurate time so...

I'm a bit confused. Are you worried about a Namecoin price drop, or worried about the effect on the namecoin network for its intended purpose of name registrations and updates? I'm only concerned with the later. I'm worried about a Namecoin price drop. Agreed, that alone would not be so bad but it ...

hmm. let me put it like this: mining now you get either bitcoins or namecoins, most people chose bitcoins because of higher profitability. but with merged mining you can get both. mining = bitcoins merged_mining = bitcoins + namecoins --> merged_mining - mining = namecoins merged_mining - mining = 0...

I am afraid merged mining will harm/destroy namecoin or at least drastically reduce the value of namecoins. Maybe merged mining should be tried with a crappy fork first. Why? From some point of view every miner gets namecoins for free with merged mining. Free coins means a very low price. The only w...

doublec wrote:

MaxSan wrote:How feasable is it to alter the code to make difficulty update every 14 days?

The i0coin chain has made this change btw. It adjusts when X number of blocks are reached or X number days, whichever comes first.

+1