Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: hashman on August 22, 2014, 05:44:28 AM



Title: a funny thing happened to namecoin last night
Post by: hashman on August 22, 2014, 05:44:28 AM
http://namecha.in/block/c71a334e1fe49f2746f18808127c22ed0f53686dbdbf7cc0d257fdd3f9c8a79f

After a number of very large aggregating TXs started to circulate mempools filled up and it looks like around block 192328 miners started to asphyxiate.  Hash rate went way down (factor of 5-10 ?) and no TXs went through for several hours.  I found only one short thread about this in a namecoin forum and even that was edited later downplaying the event. 

Would these kind of TXs on the bitcoin classic network also cause problems? 



Title: Re: a funny thing happened to namecoin last night
Post by: Fioraver on August 22, 2014, 08:45:56 AM
I don't think it's funny  :(


Title: Re: a funny thing happened to namecoin last night
Post by: Vortex20000 on August 22, 2014, 09:03:23 AM
It's funny.

I don't think this should happen. Maybe only a slight delay. The bitcoin network is over 256 times faster than the world's top 500 supercomputers together.

Still, I'm no bitcoin expert. Wait for a Sr. Member or something. Those guys know what they're talking about when it comes to code... mostly.



Title: Re: a funny thing happened to namecoin last night
Post by: BitcoinBadger on August 22, 2014, 09:12:12 AM
I don't think it's funny  :(
Its funny, nothing serious. Bitcoin network is very huge and fast, there won't be any serious problem.


Title: Re: a funny thing happened to namecoin last night
Post by: Bit_Happy on August 22, 2014, 09:19:57 AM
I thought Namecoin enjoyed security from the merged mining with BTC. Is it safe or not?
If "safe", then why so long with no transactions going through?


Title: Re: a funny thing happened to namecoin last night
Post by: FUR11 on August 22, 2014, 11:14:51 AM
It's funny.

I don't think this should happen. Maybe only a slight delay. The bitcoin network is over 256 times faster than the world's top 500 supercomputers together.

Still, I'm no bitcoin expert. Wait for a Sr. Member or something. Those guys know what they're talking about when it comes to code... mostly.



Are you comparing hashing power with the power to actually validate and confirm transactions? Hashing is merely a means of limiting the amount everyone can contribute to the network. You could theoretically "run" the miners on a handful Pentium 4 computers.