Some time ago we began a series of interviews with pool owners who operated mining pools with unique flair about them, or who had ventured off the beaten path in what they offer their miners. The goal was to help decentralize the network’s mining power, which we actually accomplished. We still want to interview our service operators though, both because it’s fun and it helps you guys get to know those in your local community.
This Christmas we received the blessing of the community’s progress and our mutual friendship with other networks. TurtleCoin users are quickly becoming the most helpful crew in the industry, and that’s a hat we are happy to wear any time 😀
TurtleCoin has 30 second block time which makes transactions on the network faster than other projects; however, it poses some challenges in making sure that new blocks propagate across the entire network as quickly as possible to prevent the creation of unnecessary network forks. While increasing the number of nodes on the network helps to achieve this goal, reducing the size of the blocks that are transmitted between nodes allows us to propagate a block so fast it’s almost as if they were transmitted by lightning.
We got a little busy last week and a roundup article didn’t get written. Sorry for that, but there’s no time like the present to get this week’s article published!
I think I need to listen the to the Kevin Rose TRTL podcast again – the only reason I really ended up in TurtleCoin in the first place is that of the core concept of a “network” with “applications” and “TRTL is just the currency one”. There was a bunch of other details that I liked as well technically, hence probably warrants a relisten.
The core development team has observed the fact that the network hash rate has climbed substantially over the last few weeks. Luckily, the hashrate has remained rather decentralized and balanced over the large number of pools that the community operates. However, the significant increase in hashrate has made it more difficult for the project to meet one of its core goals. To remain mineable for everyone. After careful consideration, we believe it’s once again time to perform a soft fork to a new Proof-of-Work (PoW) algorithm.
We are 1 week away from our 1 year birthday party! I hope you’ve got your party hat on!
We have officially mined block 1 Million! We threw a hell of a party, rained oodles of TRTL to happy party goers, and had plenty of pepperoni stuffed crust to whether the storm! In this issue we tell you about the work that went in to making this week one of our most productive yet!
Hunter Faucet – A new faucet has finally launched! Hunter Faucet is a TurtleCoin faucet with an extra twist to it! Referral links and special “Hunter Codes” are features of this faucet. Hunter Codes allow users to redeem more than the default amount of TRTL. Users can also create referral links so that they can refer other users to the hunter faucet for a small TRTL kickback. Happy hunting! – Xaz
This week was one of the best yet! Between playing the games you guys made with your TurtleCities pages, and ones you wanted to watch on TwitchTurtle, I’m spent! Awesome community participation this week, and we’re really looking forward to next week!