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Title: delete Post by: BitcoinEXpress on March 27, 2014, 06:57:37 AM delete Title: Re: delete Post by: DemetriusAstroBlack on March 27, 2014, 06:59:49 AM It's been crawling.......I love you.
Title: Re: delete Post by: cryptopaths on March 27, 2014, 07:02:11 AM If it isn't the Bit Thugs, when does the extortion start if I may ask? Or have you already done it?
Title: Re: delete Post by: iGotSpots on March 27, 2014, 07:02:26 AM I hate all the country coins so much
Title: Re: delete Post by: iopq on March 27, 2014, 07:16:57 AM Looks like something strange is going on with Auroacoin block chain. Starting at block 5375 it certainly appears as if something is slowing down the chain. Any ideas? ~BCX~ Title: Re: delete Post by: Spoetnik on March 27, 2014, 07:22:53 AM If it isn't the Bit Thugs, when does the extortion start if I may ask? Or have you already done it? hahhah so pay em then ;) lol sorry i found that amusing big time :) hey some of us like wrecking stuff just for fun we don't have to be paid to do it.. Title: Re: delete Post by: cryptopaths on March 27, 2014, 07:25:05 AM If it isn't the Bit Thugs, when does the extortion start if I may ask? Or have you already done it? hahhah so pay em then ;) lol sorry i found that amusing big time :) hey some of us like wrecking stuff just for fun we don't have to be paid to do it.. classic spoetnik using 1 hand to troll and the other to jerk off bitcoinexpress. Title: Re: delete Post by: DemetriusAstroBlack on March 27, 2014, 07:26:11 AM Jerking off people is cool..thats not even a diss anymore.
Title: Re: delete Post by: DemetriusAstroBlack on March 27, 2014, 07:35:28 AM If it ever does get to 5400 will we see more?
Title: Re: delete Post by: kalus on March 27, 2014, 07:39:01 AM This is called compensating for your little member. are you a fucking preannouncement for ozziecoin? Title: Re: delete Post by: BohemianStalker on March 27, 2014, 08:13:27 AM Wow,
what a pathethic waste of human life some people are. Aur has been proved real. Come tell those 500+Icelanders you destroyed their currency because you could not possibly admit you are wrong. https://www.facebook.com/groups/544259455688424/ Title: Re: delete Post by: Canaanite on March 27, 2014, 08:19:56 AM Wow, what a pathethic waste of human life some people are. Aur has been proved real. Come tell those 500+Icelanders you destroyed their currency because you could not possibly admit you are wrong. https://www.facebook.com/groups/544259455688424/ Some kids just enjoy being the Party poopers Title: Re: delete Post by: poornamelessme on March 27, 2014, 08:26:24 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general.
Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Title: Re: delete Post by: iopq on March 27, 2014, 08:29:44 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. maybe you should stop supporting cryptocurrencies that have low difficulties and can be hacked and use secure ones instead thenHacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Title: Re: delete Post by: DemetriusAstroBlack on March 27, 2014, 08:31:40 AM Calling it Iceland's crypto was the joke right from the start. Image if the coin because fully implemented in Iceland and another country did this as warefare. Country coins are lame.
Title: Re: delete Post by: Canaanite on March 27, 2014, 08:35:30 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. If its true, its going to screw Bitcoin confidence as well.. Oh well, at least BCX ego will be high Title: Re: delete Post by: poornamelessme on March 27, 2014, 08:36:33 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. maybe you should stop supporting cryptocurrencies that have low difficulties and can be hacked and use secure ones instead thenHacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. I don't support AUR personally, never owned it, never planned to own it. It still is the wrong thing to do, however, on a number of levels. Even if looking at it from a general viewpoint as cryptos go, it was the wrong thing to do. The general public won't think... oh, the difficulty was low and it could be hacked, so it deserved to be killed. They'll instead think cryptos are all vulnerable to hackers. Great news right after the Gox stuff. Maybe kill a couple of more coins, and kill some exchanges too, as a bonus. I'm sure people will be eager to embrace cryptos then. Title: Re: delete Post by: numbl on March 27, 2014, 08:39:03 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Some people unfortunately don't understand the consequences outside the small radius of their 20/20 hindsight. Sure, AUR might/will die due to their efforts - but due to the media attention this coin has gained, as a result the whole cryptocurrency cause will suffer as a result. At least the hackers are going to empty all their bags into fiat before AUR is pronounced dead, right? Because, you know, otherwise their own net worth is going to plummet. Edited because dumb phrasing Title: Re: delete Post by: poornamelessme on March 27, 2014, 08:41:23 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Some people unfortunately don't understand the consequences outside the small radius of their 20/20 hindsight. Sure, AUR might/will die due to their efforts - but due to the media attention this coin has gained, as a result the whole cryptocurrency cause will cause. At least the hackers are going to empty all their bags into fiat before AUR is pronounced dead, right? I'm not sure if many here realize how much exposure AUR got in Iceland. At first I thought it was a dinky meme coin, that nobody knew about ... like most alts, right? Then I read about Iceland's politicians having meetings over it. Then read where AUR was on the national news. It's a big deal there, from what I can tell. It's not like killing Taxi coin. Title: Re: delete Post by: iopq on March 27, 2014, 08:41:54 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. maybe you should stop supporting cryptocurrencies that have low difficulties and can be hacked and use secure ones instead thenHacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. I don't support AUR personally, never owned it, never planned to own it. It still is the wrong thing to do, however, on a number of levels. Even if looking at it from a general viewpoint as cryptos go, it was the wrong thing to do. The general public won't think... oh, the difficulty was low and it could be hacked, so it deserved to be killed. They'll instead think cryptos are all vulnerable to hackers. Great news right after the Gox stuff. Maybe kill a couple of more coins, and kill some exchanges too, as a bonus. I'm sure people will be eager to embrace cryptos then. if he's unsuccessful, it will prove that the newer algorithm is secure given enough hashpower Title: Re: delete Post by: poornamelessme on March 27, 2014, 08:44:55 AM ]in the long term it's a good thing, if BCX is successful he can show how the algorithm is insecure and newer currencies will have to use something else if he's unsuccessful, it will prove that the newer algorithm is secure given enough hashpower The same way Gox failing was a good thing, since it was insecure? And how exchanges should do something else? Yeah, the public doesn't think that way. Title: Re: delete Post by: iopq on March 27, 2014, 08:47:51 AM ]in the long term it's a good thing, if BCX is successful he can show how the algorithm is insecure and newer currencies will have to use something else if he's unsuccessful, it will prove that the newer algorithm is secure given enough hashpower The same way Gox failing was a good thing, since it was insecure? And how exchanges should do something else? Yeah, the public doesn't think that way. if it were a bank, it would get a bailout from the government but we're trying to prove that the free market can organize itself around trustless methods so if that means that we demand transparent exchanges that prove that they actually hold our money in a wallet - then that's a good thing in the long run Title: Re: delete Post by: Spoetnik on March 27, 2014, 08:48:40 AM hilarious little cheerleaders accuse me of jerking off BCX.
while you deep throat the AUR only a moron would call a coin that had the largest premine in history a legit coin.. you people really are dumb wow ! and when the public gets word hackers removed a scam coin they will say good.. it was making Bitcoin itself and it's services look bad. only problem with that is the public is not going to know about AUR coin.. neither is the people of Iceland. i should go buy some of those identities people are selling to collect AUR coins lol That little premine airdrop is being sold off to the highest bidder NOT to the citizens of Iceland.. only morons believe hype and propaganda and we sure have a lot of them here.. bag holders who can barely muster up the intelligence of a scam coin defense saying "AUR is a real coin" as the guy said earlier lol ya mmm k then buddy lol i have to admit i find the scammy coin cloning bs excuses are mega entertaining, watching morons squirm trying to defend them instead of manning up and being honest about it. Title: Re: delete Post by: Spoetnik on March 27, 2014, 08:51:04 AM ]in the long term it's a good thing, if BCX is successful he can show how the algorithm is insecure and newer currencies will have to use something else if he's unsuccessful, it will prove that the newer algorithm is secure given enough hashpower The same way Gox failing was a good thing, since it was insecure? And how exchanges should do something else? Yeah, the public doesn't think that way. if it were a bank, it would get a bailout from the government but we're trying to prove that the free market can organize itself around trustless methods so if that means that we demand transparent exchanges that prove that they actually hold our money in a wallet - then that's a good thing in the long run did you say transparency ? lol https://bitcointalk.org/index.php?topic=505534.0 that is BCX confronting AUR coin cloner and him saying he refused transparency . Title: Re: delete Post by: muddafudda on March 27, 2014, 08:54:57 AM There seems to be some people asking whats going on in the AUR thread and no answer from the devs
Title: Re: delete Post by: numbl on March 27, 2014, 08:58:15 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Some people unfortunately don't understand the consequences outside the small radius of their 20/20 hindsight. Sure, AUR might/will die due to their efforts - but due to the media attention this coin has gained, as a result the whole cryptocurrency cause will cause. At least the hackers are going to empty all their bags into fiat before AUR is pronounced dead, right? I'm not sure if many here realize how much exposure AUR got in Iceland. At first I thought it was a dinky meme coin, that nobody knew about ... like most alts, right? Then I read about Iceland's politicians having meetings over it. Then read where AUR was on the national news. It's a big deal there, from what I can tell. It's not like killing Taxi coin. Yeah, it is a big deal. People are trading all sorts of commodities including computers, cellphones, even cars already with AUR here in Iceland... The value of the coin has already presented itself massively. But these so-called wizards of the information highway that should actually know these things seem to be completely clueless as to what's actually happening with this currency. Title: Re: delete Post by: MiningViking on March 27, 2014, 09:01:04 AM There seems to be some people asking whats going on in the AUR thread and no answer from the devs Airdrop turned into pantsdrop!? If this is done to extort the developers someone deserves to get shot, if its done to prove a vulnerability or just for the lols = give the man a cake! Title: Re: delete Post by: FiniteRed on March 27, 2014, 09:03:39 AM Title: Re: delete Post by: BohemianStalker on March 27, 2014, 09:10:35 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. maybe you should stop supporting cryptocurrencies that have low difficulties and can be hacked and use secure ones instead thenHacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. what a shitty argument. Every technology in it's infancy is vunerable. And country coins are month old innovation. Title: Re: delete Post by: Nxtblg on March 27, 2014, 09:21:50 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Strangely, this messing around might well get the Icelandic parliament behind Auroracoin. Regardless of what you think of the technique, the "foreign devil" trick usually works in politics. When Nixon ditched the remnants of the gold standard in 1971, his speech announcing it blamed "international speculators." In the '60s, UK PM Harold Wilson blamed the "Gnomes of Zurich" for the (I believe subsequent) devaluation of the pound sterling. And, both got away with implementing measures whose real cause was inflationary monetary policy. I'm not offering a comment on the veracity or ethics of the "foreign devil" trick: I'm just saying it works. An Iceland MP with ambition might ride that train in the near future. It's be funny if we started hearing demagogy against "international hackers" from the political community. I say this as someone who was a "wicked short seller" once in his life. Title: Re: delete Post by: Nxtblg on March 27, 2014, 09:26:48 AM Yeah, it is a big deal. People are trading all sorts of commodities including computers, cellphones, even cars already with AUR here in Iceland... The value of the coin has already presented itself massively. But these so-called wizards of the information highway that should actually know these things seem to be completely clueless as to what's actually happening with this currency. Not too surprising. Name the three pivotal election issues in Iran's latest elections. I can't either, in part because of the language barrier and in part because we're naturally interested in politics in our own backyards. Besides, I can always read an insta-book and come to some hasty conclusions if I need to. ;) Title: Re: delete Post by: jianxinss on March 27, 2014, 09:26:57 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Strangely, this messing around might well get the Icelandic parliament behind Auroracoin. Regardless of what you think of the technique, the "foreign devil" trick usually works in politics. When Nixon ditched the remnants of the gold standard in 1971, his speech announcing it blamed "international speculators." In the '60s, UK PM Harold Wilson blamed the "Gnomes of Zurich" for the (I believe subsequent) devaluation of the pound sterling. And, both got away with implementing measures whose real cause was inflationary monetary policy. I'm not offering a comment on the veracity or ethics of the "foreign devil" trick: I'm just saying it works. An Iceland MP with ambition might ride that train in the near future. It's be funny if we started hearing demagogy against "international hackers" from the political community. I say this as someone who was a "wicked short seller" once in his life. Do you mean,the blockchain has some thing unusual ? Title: Re: delete Post by: ghur on March 27, 2014, 10:58:46 AM It's been crawling.......I love you. Look at the block explorer, it came to grinding slowdown starting about 5375. It amazingly looks like a Time Warp exploit. At this rate you might make block 5400 sometime in August ROFL. ~BCX~ It's not like they weren't warned, right? :) Title: Re: delete Post by: Spoetnik on March 27, 2014, 11:08:11 AM Some interesting stats on who is posting and when they regged here..
BitcoinEXpress = June 24, 2011 DemetriusAstroBlack = March 22, 2014 cryptopaths = February 01, 2014 iGotSpots = April 29, 2013 iopq = February 06, 2011 Spoetnik = July 17, 2013 Ozziecoin = March 19, 2014 kalus = December 11, 2013 CoinHumper = September 26, 2011 BohemianStalker = February 03, 2014 Canaanite = March 16, 2013 poornamelessme = January 16, 2014 Nxtblg = February 26, 2014 jianxinss = December 24, 2013 ghur = January 24, 2014 dewdeded = September 11, 2013 I was surprised to see so many from 2011.. and i gotta give those guys props and respect because that means they have a ton of knowledge and some experience i just don't have and prob never will. these older guys have an advantage in this scene having been doing this for so long. they are often smarter to the usual bs that gets pulled.. new guys this was not a dig at you ;) i am some what new to this stuff too which is why when guys like BitcoinEXpress create topics i always find them interesting and informative and some of us have a tendency to rock the boat. so it make for some good reading :) there is a LOT of history in the Altcoin scene and what prompted me to look at this data i posted was i wondered how many new guys are here talking and are they aware just how common forks are ? Title: Re: delete Post by: dewdeded on March 27, 2014, 11:11:07 AM So a patch must be written and spread. Should max take 32 h.
This just hardens all coins. Every new serious coin will have an timewarp exploit patch from now on. Every existing active coin will deploy on. All in all. Its a service to the altcoin community, being it scammers or serious developers. OMG, 3 posters from 2011, how cool. lol Title: Re: delete Post by: Nxtblg on March 27, 2014, 11:36:21 AM If news of this gets out, I'm sure it'll do wonders for crypto's reputation in general. Hacker destroys Iceland's crypto coin ... yeah, that will go over well... certainly make people feel comfortable investing in and using cryptos all over the World. Strangely, this messing around might well get the Icelandic parliament behind Auroracoin. Regardless of what you think of the technique, the "foreign devil" trick usually works in politics. When Nixon ditched the remnants of the gold standard in 1971, his speech announcing it blamed "international speculators." In the '60s, UK PM Harold Wilson blamed the "Gnomes of Zurich" for the (I believe subsequent) devaluation of the pound sterling. And, both got away with implementing measures whose real cause was inflationary monetary policy. I'm not offering a comment on the veracity or ethics of the "foreign devil" trick: I'm just saying it works. An Iceland MP with ambition might ride that train in the near future. It's be funny if we started hearing demagogy against "international hackers" from the political community. I say this as someone who was a "wicked short seller" once in his life. Do you mean,the blockchain has some thing unusual ? No, I'm talking about politics. The name of the game in politics isn't truth, it's credibility. And the short selling I referred to was a stock. Title: Re: delete Post by: Nxtblg on March 27, 2014, 11:54:04 AM ...Nxtblg = February 26, 2014... I was surprised to see so many from 2011.. and i gotta give those guys props and respect because that means they have a ton of knowledge and some experience i just don't have and prob never will. these older guys have an advantage in this scene having been doing this for so long. they are often smarter to the usual bs that gets pulled.. new guys this was not a dig at you ;) This may surprise you, but I heard about Bitcoin in June of 2011 from the Mises.org blog. http://archive.mises.org/17356/another-bitcoin-crash/ At the time, Mises.org was against Bitcoin. The comments for that post are a real blast from the past. The 2011ers will really have their memories jogged. I was reading the comment stream at the time and found myself identifying with the Bitcoiners. To be honest, I was tempted to gussy up a justification for Bitcoin as money by using Mises' regression theorem but the "gold vibe" was too strong there and I didn't want to get myself entangled in argument after argument. No evangelist, I. Now here's the funny part. I not only wanted to stick up for Bitcoin but I also wanted to buy about 100 of them - but I got nervous about all those robbery stories. In fact, I lurked through a thread or two in Bitcoin Discussion to find out about security. Encrypted wallet, okay; moving wallet file offline, okay...but then I bumped into stories about people having their wallets filched by keystroke loggers - and gave up. I couldn't see a way around that issue. tl;dr: Had the coin landed on its other head - meaning, if I had had a thicker skin - I would have been an '11er myself and a Bitcoin evangelist. Here's more blasts from Mises.org's past: http://archive.mises.org/17294/a-clear-concise-look-at-bitcoin/ http://archive.mises.org/18767/bitcoin-implodes/ Now, of course, Mises.org is behind Bitcoin and accepts donations in BTC. Some people need time to come around :) Title: Re: delete Post by: Bimmerhead on March 27, 2014, 12:12:07 PM June 2011 isn't so new. Means he arrived after the giant speculative run up. So maybe he's here because he is drawn to the fiat, not the technology.
Is BCX about hardening coins, or hardening his wallet? Title: Re: delete Post by: BohemianStalker on March 27, 2014, 12:36:23 PM Hey Bcex maybe you want to explain these Icelanders why the auroracoin is not working. I am sure they will understand why you decided to destroy a healthy and innovative currency instead something like grumpycat.
Regína Ásdís Thorarensen Bjarnadóttir 2 hours ago Er buin að sækja um auroracoins í rafveskið mitt en þau koma ekki, er buin að biða i 12 tima.....anyone? Like · · Share Dagur Ingi Sigursveinsson sama hér! 39 minutes ago · Like Stefan Atli Ágústsson Þetta kom bara um leið og að rafveskið mitt var búið að synca við networkið hjá mér. 34 minutes ago · Like Dagur Ingi Sigursveinsson Það var reyndar einhver af þessum tíma sem fór í syncið en það eru ca 10tímar síðan ég downloadaði forritinu og senti coinin. Ekkert hefur gerst. 27 minutes ago · Like Kristinn Ingi Reynisson Bíðið bara aðeins 26 minutes ago · Like · 1 Kristinn Jónsson þið þurfið að stilla rafrænaveskið á ykkar private key 8 minutes ago · Like Dagur Ingi Sigursveinsson Og hvernig geri ég það? Kann voða lítið á þetta 5 minutes ago · Like Title: Re: delete Post by: dilbert_2000 on March 27, 2014, 12:50:24 PM Hi everyone.
I'm Icelandic and I just signed up on this forum after coming across this conversation. I am new to Cryptocurrency as most people who are getting their Auroracoins through the airdrop. I just want to make it clear that people are really getting their coins through the airdrop. I got mine and many of my co-workes and friends have claimed their coins. I just sold a guitar amp to a guy for auroracoins. There is a facebook group for people buying and selling stuff for AUR, things like cars, furniture and computers. See here: https://www.facebook.com/groups/544259455688424/ There are allready a few merchants accepting AUR. I baught a CD from a well known icelandic folk band called 1860, check them out here: https://www.youtube.com/watch?v=XcugYH5FJIo There is also an internet café accepting AUR, a chlothing store and more. See here: http://www.aurcoin.is/ The airdrop is leading to very interesting things IMO, all I can say is, please don't try to destroy it just because you can (if you can, i don't know the first thing about hacking or computers) Best regards from Reykjavík Title: Re: delete Post by: DeepMarketTalk.org on March 27, 2014, 12:53:53 PM Title: Re: delete Post by: frobley on March 27, 2014, 12:57:19 PM balduro posted this, embarrassing. yes, embarrassing that balduro resorting together with his fellow bag holders to a smear campaign Title: Re: delete Post by: BohemianStalker on March 27, 2014, 01:04:10 PM balduro posted this, embarrassing. yes, embarrassing that balduro resorting together with his fellow bag holders to a smear campaign are you that fucking delusional? https://www.facebook.com/groups/544259455688424/ Title: Re: delete Post by: dilbert_2000 on March 27, 2014, 01:06:13 PM balduro posted this, embarrassing. yes, embarrassing that balduro resorting together with his fellow bag holders to a smear campaign The funny thing about this at this shows that this hacker actually beliefs in Auroracoin contary to what he claims :) Why else would he want them. Title: Re: delete Post by: muddafudda on March 27, 2014, 01:08:41 PM embarrassing as they forgot to photoshop the avatar. bcx always uses correct punctuation and uses capitals and im sure the dev of the biggest scamcoin has more than 1 pm in his inbox Title: Re: delete Post by: rgm108 on March 27, 2014, 01:08:50 PM Address AaaL8YURXh4nYTH2TG11tWzYeM1DwcmKmw (from screenshot) not found on the blockchain?
Any reason from this? Title: Re: delete Post by: dewdeded on March 27, 2014, 01:12:59 PM Because no payment was made.
Title: Re: delete Post by: newuser01 on March 27, 2014, 01:16:32 PM I have been looking forward to this
Title: Re: delete Post by: Spoetnigga on March 27, 2014, 01:16:54 PM Because no payment was made. BECUZ THE ADDRESS IS NOT IN THE BLOCKCHAIN DUMDUM FAKE SCREENSHOT FAKE ALL FAKE YOU ARE ALL WEEK AND AURORORCOIN IS WEEK TO! I AM SPUTNIK I HAVE TALKED THINGS I AM CRACKROCK Title: Re: delete Post by: r00tdude on March 27, 2014, 01:36:16 PM Hey Bcex maybe you want to explain these Icelanders why the auroracoin is not working. I am sure they will understand why you decided to destroy a healthy and innovative currency instead something like grumpycat. Regína Ásdís Thorarensen Bjarnadóttir 2 hours ago Er buin að sækja um auroracoins í rafveskið mitt en þau koma ekki, er buin að biða i 12 tima.....anyone? Like · · Share Dagur Ingi Sigursveinsson sama hér! 39 minutes ago · Like Stefan Atli Ágústsson Þetta kom bara um leið og að rafveskið mitt var búið að synca við networkið hjá mér. 34 minutes ago · Like Dagur Ingi Sigursveinsson Það var reyndar einhver af þessum tíma sem fór í syncið en það eru ca 10tímar síðan ég downloadaði forritinu og senti coinin. Ekkert hefur gerst. 27 minutes ago · Like Kristinn Ingi Reynisson Bíðið bara aðeins 26 minutes ago · Like · 1 Kristinn Jónsson þið þurfið að stilla rafrænaveskið á ykkar private key 8 minutes ago · Like Dagur Ingi Sigursveinsson Og hvernig geri ég það? Kann voða lítið á þetta 5 minutes ago · Like Google translate is not my friend... can someone translate? Title: Re: delete Post by: ghur on March 27, 2014, 01:40:44 PM Hey Bcex maybe you want to explain these Icelanders why the auroracoin is not working. I am sure they will understand why you decided to destroy a healthy and innovative currency instead something like grumpycat. The coin has been broken for weeks. This isn't new. The devs were warned weeks ago and have done nothing to resolve the issue. Title: Re: delete Post by: Canaanite on March 27, 2014, 01:44:13 PM Hey Bcex maybe you want to explain these Icelanders why the auroracoin is not working. I am sure they will understand why you decided to destroy a healthy and innovative currency instead something like grumpycat. The coin has been broken for weeks. This isn't new. The devs were warned weeks ago and have done nothing to resolve the issue. Not true, he made a hard fork v1.2 to fix the problem. But some people dont let it go to block 5400 so it will be ok Title: Re: delete Post by: dewdeded on March 27, 2014, 01:45:50 PM The good thing is all the stupid talking can now stop.
There is only a binary situation now. 0 = problem will not be fixed, coin dies 1 = problem will be fixed, coin live on Let's just wait and see, all these drivel here is nonsense. Title: Re: delete Post by: Bimmerhead on March 27, 2014, 01:56:29 PM balduro posted this, embarrassing. WHERE did balduro post this? Looks to me like you're trying to set him up as an amateur photoshop artist. Title: Re: delete Post by: hxmsam on March 27, 2014, 02:02:00 PM I hate all the country coins so much
Title: Re: delete Post by: Biggen on March 27, 2014, 02:10:49 PM I enjoy seeing people like the OP getting pounded into the dirt when they eventually pick fights they can't win.
What a loser. I bet he jacks off to pictures of his mother... Title: Re: delete Post by: s1gs3gv on March 27, 2014, 02:13:18 PM Folks, there is no evidence that market action in AUR or a slow AUR blockchain is the result of direct ~BCX~ action. Even though ~BCX~ demands evidence from AUR devs on the authenticity and feasability of AUR airdrop plans, etc he carefully avoids providing any direct evidence himself that a) AUR is a scam or b) he has done, or is capable of, any of the things he insinuates. He brags, taunts, threatens, trolls and cajoles but he never delivers.
If you examine his track record (the LTC threat fiasco is a good example), his MO is to either move the goalpost as the time approaches for action, or just to delete his posts and sulk away to throw another tantrum another day for another reason. https://bitcointalk.org/index.php?topic=94912.0 <- LTC debacle I suggest that you quit giving him the attention he desperately craves and just ignore him/her. ~<^>~ Title: Re: delete Post by: Ximp on March 27, 2014, 02:15:46 PM Is BCX about hardening coins, or hardening his wallet? Nah, something else. Title: Re: delete Post by: Mr. Gabu on March 27, 2014, 02:18:18 PM ~BCX~ is just a underaged kid with a gambling problem. He is one of the biggest losers at Just Dice.
So he is trying to make money by blackmailing coin devs with public exploits or pool operators with DDOS from a rent russian botnet. He is a just script kiddie, using public stuff, he can't even read source code. He is scum. Title: Re: delete Post by: Solid on March 27, 2014, 02:20:41 PM Translation
Regína Ásdís Thorarensen Bjarnadóttir 2 hours ago Er buin að sækja um auroracoins í rafveskið mitt en þau koma ekki, er buin að biða i 12 tima.....anyone? I have claimed my auroracoins to my wallet, but they dont appear, i have waited for 12 hours....anyone? Like · · Share Dagur Ingi Sigursveinsson sama hér! same for me 39 minutes ago · Like Stefan Atli Ágústsson Þetta kom bara um leið og að rafveskið mitt var búið að synca við networkið hjá mér. It came as soon as my wallet syncronized with the network for me 34 minutes ago · Like Dagur Ingi Sigursveinsson Það var reyndar einhver af þessum tíma sem fór í syncið en það eru ca 10tímar síðan ég downloadaði forritinu og senti coinin. Ekkert hefur gerst. 10 Hours since i downloaded the software and transfered the coins, but nothing is happening. Some of the time actually went in syncing the wallet... 27 minutes ago · Like Kristinn Ingi Reynisson Bíðið bara aðeins Just wait a little longer 26 minutes ago · Like · 1 Kristinn Jónsson þið þurfið að stilla rafrænaveskið á ykkar private key you have to configure your wallet to private key 8 minutes ago · Like Dagur Ingi Sigursveinsson Og hvernig geri ég það? Kann voða lítið á þetta How do I do that? I dont know how to do this shit. 5 minutes ago · Like Title: Re: delete Post by: JohnnyBTCSeed on March 27, 2014, 02:26:49 PM Fucking whack a mole
http://siliconvalleycoin.com/ mail drop in 28 days. lol "the NEW aurora- Fuck YOU Oakland. SouthBay only!! Title: Re: delete Post by: Lauda on March 27, 2014, 02:31:29 PM Well it was just a matter of time before someone attacked it.
Title: Re: delete Post by: Predseda4D on March 27, 2014, 02:42:37 PM Hey Bcex maybe you want to explain these Icelanders why the auroracoin is not working. I am sure they will understand why you decided to destroy a healthy and innovative currency instead something like grumpycat. The coin has been broken for weeks. This isn't new. The devs were warned weeks ago and have done nothing to resolve the issue. Not true, he made a hard fork v1.2 to fix the problem. But some people dont let it go to block 5400 so it will be ok No, it is true. Balduro fucked up with this. Why he set fork to block 5400 and not early? Two or three weeks before someone posted that and Balduro did what? NOTHING!!! So, please, dont say lies. There is only one man who is destroying this currency and his name is Balduro. ;) BTW: I am not on same ship with BCX, spoetnik etc. Those kids has some real brain damage. ;D Title: Re: delete Post by: ghur on March 27, 2014, 03:04:47 PM Hey Bcex maybe you want to explain these Icelanders why the auroracoin is not working. I am sure they will understand why you decided to destroy a healthy and innovative currency instead something like grumpycat. The coin has been broken for weeks. This isn't new. The devs were warned weeks ago and have done nothing to resolve the issue. Not true, he made a hard fork v1.2 to fix the problem. But some people dont let it go to block 5400 so it will be ok Putting a hardfork almost one month into the future with so many known issues is not resolving the issue. There have been detailed explanations about the issues, they were given estimates on how long it would take for their target of 5400 to be reached and were explained how the issue would not resolve itself before that point. And that was weeks ago. They didn't act on it, thus neglected to fix the coin before the airdrop. Title: Re: delete Post by: pajak666 on March 27, 2014, 03:11:38 PM kill all airdrop'ed (centralised) coins!
country coins = premine scam Title: Re: delete Post by: Lauda on March 27, 2014, 04:04:34 PM kill all airdrop'ed (centralised) coins! I agree with this, to some degree. country coins = premine scam Title: Re: delete Post by: dewdeded on March 27, 2014, 04:05:17 PM But what about City Coins?
Title: Re: delete Post by: woetohice on March 27, 2014, 04:12:03 PM Looks like something strange is going on with Auroacoin block chain. Starting at block 5375 it certainly appears as if something is slowing down the chain. Any ideas? ~BCX~ 1. They didn't pay the extortion. 2. The extortionists gave the attack order to their lackey. 3. The lackey, a little man with big computers, is trying to convince everyone that that makes him a Big Man. Do I win a prize? Title: Re: delete Post by: DemetriusAstroBlack on March 27, 2014, 04:30:15 PM It is still moving though...Will we something different, maybe worse, when it does get to block 5400?
Title: Re: delete Post by: ghur on March 27, 2014, 04:32:12 PM It probably actually isn't an attack, but rather daemons crapping out all over the place due to a giant pile-on of unconfirmed transactions in mempool.
And that in turn makes it harder to find a block with pools tripping over themselves, which in turn makes the problem worse as transactions don't leave the mempool due to no new blocks being found. BCX: Probably isn't photoshop though, but rather just inline editing of the page, which chrome very easily allows with its build in dev tools. Right-click and "inspect element" element to get started. Modify any portion of the page to say what you want it to, screenshot it and post it as "proof". Easy enough for even those without photoshop skills to pull off in a jiffy. And there we go: https://i.imgur.com/SdHSW8Y.png Title: Re: delete Post by: muddafudda on March 27, 2014, 04:41:39 PM Yes. Blocks ares slowly moving. BCX has given all the solutions for the fix previously and all the devs had to do was fix the coin properly. Im sure that if you sent him a PM asking how to, he would have shown you. The only harm being done here is the code itself.
What was the actual reason for changing diff adjust anyway. If it had the support the hash would be fine. Block Approx. Time Transactions Value Out Difficulty Outstanding Average Age Chain Age % CoinDD 5381 2014-03-27 16:18:16 1022 4475339.8586459 2406.9 10634501 48.4918 61.7858 21.0244% 5380 2014-03-27 11:35:54 750 3964583.95318233 2406.9 10634476 48.2989 61.5897 21.0868% 5379 2014-03-26 23:48:54 139 94736.61098578 2406.9 10634451 47.8263 61.0987 21.2272% 5378 2014-03-26 23:36:41 855 2131603.81162088 2406.9 10634426 47.8183 61.0902 21.2295% 5377 2014-03-26 21:08:07 982 4684978.64827147 2406.9 10634401 47.7188 60.987 21.2598% 5376 2014-03-26 15:56:35 690 2538860.67507423 2406.9 10634376 47.5162 60.7707 21.3134% 5375 2014-03-26 13:56:06 44 255403.55738026 1691.849 10634351 47.4367 60.687 21.3362% 5374 2014-03-26 13:51:24 35 180317.03521772 1691.849 10634326 47.4339 60.6838 21.3368% Title: Re: delete Post by: woetohice on March 27, 2014, 04:54:12 PM Title: Re: delete Post by: kalus on March 27, 2014, 04:55:13 PM Why are people around here so obsessed with imposing their will on others? Why do you have such a problem with the free market? Title: Re: delete Post by: illodin on March 27, 2014, 04:59:42 PM You morons forgot to add in my avatar when photoshopping it ROFL Don't really care if it's photoshopped or not, but there is an option in your profile to show/not show users' avatars. Title: Re: delete Post by: woetohice on March 27, 2014, 05:00:00 PM Are you trying to imply that extortion is part of the free market?
Title: Re: delete Post by: kalus on March 27, 2014, 05:03:48 PM Are you trying to imply that extortion is part of the free market? no, your cartoon is implying there is extortion though. You haven't been able to show any evidence of extortion, only a cartoon.i'm saying you're a hypocrite when the market doesn't go your way. Title: Re: delete Post by: Globb0 on March 27, 2014, 05:06:20 PM its nice that you all want to share your money with Icelanders ;D
Title: Re: delete Post by: woetohice on March 27, 2014, 05:06:34 PM Are you trying to imply that extortion is part of the free market? no, your cartoon is implying there is extortion though. You haven't been able to show any evidence of extortion, only a cartoon.i'm saying you're a hypocrite when the market doesn't go your way. Those are direct quotes. One detailing the extortion plan, the other detailing the enforcement. They admitted it. What more evidence could there be? Title: Re: delete Post by: kalus on March 27, 2014, 05:08:15 PM Those are direct quotes. One detailing the extortion plan, the other detailing the enforcement. They admitted it. What more evidence could there be? what is being extorted? describe the attack. can you show who is attacking the coin? Title: Re: delete Post by: woetohice on March 27, 2014, 05:09:28 PM i'm saying you're a hypocrite when the market doesn't go your way. Oh, you're saying with Aurora. No, I don't care about Aurora. In fact, I agree that it is very shady, not what they are presenting it to be, and I wouldn't be surprised if BCX is right in that a lot of the people "claiming" their coins are likely part of the development team. I just think extortion is the wrong way to address it. Let the market handle it. Title: Re: delete Post by: kalus on March 27, 2014, 05:12:30 PM I just think extortion is the wrong way to address it. Let the market handle it. the market is handling this. the developer ignored a documented problem, and forked the coin. a few weeks ago i remember a thread that stated there was a flaw, it was to be tested, and there were a lot of flames from auroracoin zealots. the market is responding, there are massive sell orders, and the coin is crashing. you still haven't described the attack, or how it's extortion. only a cartoon. Title: Re: delete Post by: dspair on March 27, 2014, 05:13:11 PM If you examine his track record (the LTC threat fiasco is a good example), his MO is to either move the goalpost as the time approaches for action, or just to delete his posts and sulk away to throw another tantrum another day for another reason. Forum clown vs. Shitcoinshttps://bitcointalk.org/index.php?topic=94912.0 <- LTC debacle It's a win-win for everybody ;D Title: Re: delete Post by: woetohice on March 27, 2014, 05:26:04 PM I just think extortion is the wrong way to address it. Let the market handle it. the market is handling this. a few weeks ago i remember a thread that stated there was a flaw, it was to be tested, and there were a lot of flames from auroracoin zealots. the developer ignored the documented problem, and forked the coin. you still haven't described the attack, or how it's extortion. only a cartoon. Perhaps it's not extortion in this case. But the fact is, an extortion scheme has been publicly laid out, and people have admitted to their roles in that scheme. BCX said he will attack whatever coin "they" decide. And how do they decide? No need to guess. They stated it publicly. Anyone who doesn't pay up gets destroyed. BCX threatened to attack this coin. The coin is now under attack. Can you seriously not connect the dots? There's certainly FAR more evidence that this is a case of extortion than there is evidence that Aurora is a scam. Title: Re: delete Post by: Zackgeno96 on March 27, 2014, 05:27:43 PM It's been crawling.......I love you. Look at the block explorer, it came to grinding slowdown starting about 5375. It amazingly looks like a Time Warp exploit. At this rate you might make block 5400 sometime in August ROFL. ~BCX~ well done ;D Title: Re: delete Post by: kalus on March 27, 2014, 05:31:59 PM Perhaps it's not extortion in this case. well shit, that's all you had to say. i mean we thought your cartoon argument was air tight and everything. Title: Re: delete Post by: woetohice on March 27, 2014, 05:35:06 PM Perhaps it's not extortion in this case. well shit, that's all you had to say. i mean we thought your cartoon argument was air tight and everything. There's certainly FAR more evidence that this is a case of extortion than there is evidence that Aurora is a scam. Title: Re: delete Post by: kalus on March 27, 2014, 05:47:53 PM There's certainly FAR more evidence that this is a case of extortion.... Perhaps it's not extortion in this case. CAN YOU PLEASE MAKE UP YOUR MIND Title: Re: delete Post by: ghur on March 27, 2014, 05:55:15 PM Perhaps it's not extortion in this case. well shit, that's all you had to say. i mean we thought your cartoon argument was air tight and everything. There's certainly FAR more evidence that this is a case of extortion than there is evidence that Aurora is a scam. What evidence? https://i.imgur.com/8WsJYam.png Title: Re: delete Post by: envy2010 on March 27, 2014, 05:58:51 PM Anyone who takes a screencap of HTML text as proof is an idiot. Did we really have to point this out?
Title: Re: delete Post by: ElMariachi on March 27, 2014, 06:14:26 PM Well shit and I was just going to immigrate to Iceland to get mah coins.
On a slightly more serious note though we better all pray this doesn't make the news, otherwise we'll have a geohot situation with one celebrity emerging from all of this (and/or going to jail) and everyone else getting fucked, no matter which coins they hold. I agree "strengthening" cryptos is a good thing, even if it victimizes some in the process - but if the currency part of crypto currencies, in the public eye, becomes even more of a joke than it is now that entirely defeats the purpose and makes those actions irrelevant, with a side effect of costing many people a lot of money and reassuring the public that the only way to conduct financial transactions safely is centralized and governed. Imho, the attacker(s) would stop now that they've proven their point and work with the dev (who, as I understand, wasn't all that cooperative in the past - I bet he is now) if they actually had the good of the community (or cryptos in general) in mind. But then what do I know. Title: Re: delete Post by: envy2010 on March 27, 2014, 06:29:44 PM I think it's generally understood that all crypto networks have some security flaws and can be defeated by hashpower and other attacks.
A hacker killing off one little country scamcoin isn't going to undermine all cryptocurrencies, at least more than they already are. Title: Re: delete Post by: CoinHeavy on March 27, 2014, 06:45:51 PM Could someone please help me to understand the technicals of what's occurring here?
The 'time warp' attack being discussed seems to also require a 51% attack. Is that correct? I get the fundamentals of how the systems involved here work but not the line-by-line source code details. Is this a simple majority attack? And if so, are the attackers finding blocks at high difficulty due to their share of the hash rate and just not confirming them on the network? For those who have done calculations on the time till block 5400, could you please provide some of the analysis you've done? I would be curious to learn more and to see the formulas involved. Thanks in advance. Title: Re: delete Post by: CoinHeavy on March 27, 2014, 07:22:25 PM 5382
http://blockexplorer.auroracoin.eu/ (http://blockexplorer.auroracoin.eu/) Title: Re: delete Post by: dewdeded on March 27, 2014, 07:33:00 PM 5383 <3
Title: Re: delete Post by: ElMariachi on March 27, 2014, 07:49:12 PM I think it's generally understood that all crypto networks have some security flaws and can be defeated by hashpower and other attacks. I'm not worried about the "killing off" of the coin but the publicity it might yield - the world doesn't know shit about cryptocoins, much less about country coins - they only heard of Bitcoin, Litecoin and now Auroracoin.A hacker killing off one little country scamcoin isn't going to undermine all cryptocurrencies, at least more than they already are. When asked about Bitcoin they say "oh yeah, I heard that got hacked and is now worthless". When asked about Aurora soon they'll say "oh yeah, I heard that got hacked and is now worthless". It doesn't matter whether BTC are truly worthless, or if and when AUR might be able to recover. The only thing that matters is public opinion. Confidence building doesn't work that way. Title: Re: delete Post by: envy2010 on March 27, 2014, 07:56:13 PM However many people have heard of AUR, that many and orders of magnitude more have heard of BTC and LTC. If AUR dies, the vast majority of people will never have heard of it. Cryptos die all the time. They die because of lack of interest because nobody ever heard of them, or nobody wants them.
If AUR is going to die, better sooner than later. If it survives, it will be much stronger for warding off the attack. Title: Re: delete Post by: HinnomTX on March 27, 2014, 07:59:07 PM I think it's generally understood that all crypto networks have some security flaws and can be defeated by hashpower and other attacks. I'm not worried about the "killing off" of the coin but the publicity it might yield - the world doesn't know shit about cryptocoins, much less about country coins - they only heard of Bitcoin, Litecoin and now Auroracoin.A hacker killing off one little country scamcoin isn't going to undermine all cryptocurrencies, at least more than they already are. When asked about Bitcoin they say "oh yeah, I heard that got hacked and is now worthless". When asked about Aurora soon they'll say "oh yeah, I heard that got hacked and is now worthless". It doesn't matter whether BTC are truly worthless, or if and when AUR might be able to recover. The only thing that matters is public opinion. Confidence building doesn't work that way. Title: Re: delete Post by: jiosefjd on March 27, 2014, 08:11:06 PM This thread is so entertaining. Just marking it for inexorable future amusement.
Title: Re: delete Post by: LTEX on March 27, 2014, 08:31:06 PM Sorry im late! Me too! BCX, (photo taken by his mother) while prepping his KGW attack... http://images.wikia.com/creepypasta/images/2/2a/Fat-nerd-computer.jpg Title: Re: delete Post by: micryon on March 27, 2014, 08:36:54 PM Seems to me this is a fixable situation, release new client, hard fork..
if serious about it should do it quickly... Title: Re: delete Post by: iGotSpots on March 27, 2014, 08:38:44 PM I feel like most of you don't even understand what is actually happening and are just jumping on the loudest bandwagon
Title: Re: delete Post by: envy2010 on March 27, 2014, 08:40:44 PM The new client has already been released, as I understand it, with a fork coming in about 17 blocks.
Title: Re: delete Post by: tokyoghetto on March 27, 2014, 08:41:12 PM Folks, there is no evidence that market action in AUR or a slow AUR blockchain is the result of direct ~BCX~ action. Even though ~BCX~ demands evidence from AUR devs on the authenticity and feasability of AUR airdrop plans, etc he carefully avoids providing any direct evidence himself that a) AUR is a scam or b) he has done, or is capable of, any of the things he insinuates. He brags, taunts, threatens, trolls and cajoles but he never delivers. If you examine his track record (the LTC threat fiasco is a good example), his MO is to either move the goalpost as the time approaches for action, or just to delete his posts and sulk away to throw another tantrum another day for another reason. https://bitcointalk.org/index.php?topic=94912.0 <- LTC debacle I suggest that you quit giving him the attention he desperately craves and just ignore him/her. ~<^>~ If you are going to quote history, you need to include all of it. Some of us were here, you weren't. BCX saved Litecoin from the Solidcoin crew. At the time there existed a bitter rivalry between the Litecoin developer Coblee and the Solidcoin developer Coinhunter better known as Realsolid. The Solidcoin people where developing a scrypt miner which yet didn't exist for the specific purpose of killing Litecoin as Solidcoin did not use scrypt. LTC was a cpu only coin and the hash rate was very low. Just a few GPU miners could have killed it but they were also pouring it on with the cpu miners in an attempt to 51% ltc at the same time. Coblee the creator of LTC as well the mod Saltyspitoon from this forum were well aware that the BCX attack was a trick to make the ltc miners ramp up in an effort to stop the BCX attack with his large botnet. No one responded when the call went out to add hashrate to fight the SC 51% assault but they all jumped at the chance to battle with bcx. The trick worked perfectly. As a result the ltc hash rate increased by a factor of 20 plus buying the early ltc chain time enough for Artforz to finish the first mtrlt crude scrypt miner. With the release of the first scrypt gpu miner, ltc became secure. There are also a couple of threads some where Coblee himself admits he knew the attack was not for real. mind = blown. pay attention newbies this is why you must respect your elders. Title: Re: delete Post by: Wipeout2097 on March 27, 2014, 08:58:42 PM You noobs with your spam are 10x more detrimental to the altcoin scene than BCX ...
That's before I read above that BCX actually saved Litecoin, just by trolling! Title: Re: delete Post by: micryon on March 27, 2014, 09:03:20 PM That Facebook group is very interesting.. it seems that Icelanders are actually using cryptos as it was meant to be used (outside of fiat), and not as just pure investment vehicles.
I always suspected as much given what I know about iceland.. I'm glad to see it happening. At the same time i think it's good for us to continually expose vulnerabilities early so it can be patched/fixed quickly. Let the attacks come, it can only make cryptos stronger in the long run... Developers in Iceland will be rallying around this and fixing it quickly... they have some smart people over there :) Title: Re: delete Post by: murkster on March 27, 2014, 09:05:33 PM Whens the IPO..!! Hitler to the moon..... May be an idea to not promote it in the Isracoin section. Title: Re: delete Post by: markm on March 27, 2014, 09:28:12 PM Blockchains are insanely expensive to secure.
Starting a new blockchain using scrypt is utterly insane, especially since DOGE came along and showed how much scrypt hashing power can be whipped up almost overnight just by a stupid meme. Had a "PWN the blockchains" meme been used instead of a stupid animal meme that would have PWNd even litecoin, so we saw that even litecoin was not secure. Maybe if litecoin and DOGE used merged mining so their hashing power could be added up instead of cancelling each other out there might be a chance for a secure scrypt chain, or maybe if the vast majority of the KnC scrypt ASICs when they come out all support just one of those two chains there might be a chance for an scrypt chain that is secure, but until then basically scrypt is an insecure algorithm, the worst choice available for any new coins. So basically who-ever came up with Aurora was an imbecile as well as possibly being a scammer. Scamming people into "investing" into a known-insecure blockchain is pretty much a scam, or at best criminal negligence / fiscal irresponsibility. -MarkM- Title: Re: delete Post by: CoinHeavy on March 27, 2014, 09:32:16 PM MarkM -- which algorithms would you suggest for new coins?
Where do you think GPU hashing power will resolve once scrypt ASICs have pushed them out of scrypt pools? Title: Re: delete Post by: Cryddit on March 27, 2014, 09:52:42 PM Let me put this gently.
If the people of Iceland want this coin to succeed, there is only one thing they need to do. They need to secure the damned blockchain. That means point your computers at it and mine. Title: Re: delete Post by: markm on March 27, 2014, 09:57:34 PM MarkM -- which algorithms would you suggest for new coins? Where do you think GPU hashing power will resolve once scrypt ASICs have pushed them out of scrypt pools? GPU is more and more stupid to use at all, as more and more consumer computers have onboard GPUs of one kind or another so the GPU realm is more and more for botnets. Also the people easily swayed by memes are more likely to have GPU/CPU than ASIC so as long as only CPU or GPU can be used to mine a coin it will probably remain insanely vulnerable because its miners are not committed, they will fly away at the drop of a stupid meme. So basically to make a new coin get ASICs made for a new algorithm then launch a coin to use that algorithm. AFTER the ASICs are ready to ship or preferrably have the blockchain launch the same moment that all the Walmarts and futureshops and source stores and so on open the sale of the ASIC units, so people can queue up at such stores camping out waiting for the midnight when the new ASIC will be available in the stores and the key to unlock the miner code / blockchain will be released... Better yet just don't use blockchain, blockchains are insanely expensive to secure. Use the highest difficulty/hashrate existign coins if you must use a blockchain coin, for anything new forget blockchains trying to secure them is insanely expsensive. Clone ripple or next or whatever instead. But mostly we just don't need new coins, we need new projects that make existing coins useful. -MarkM- Title: Re: delete Post by: CoinHeavy on March 27, 2014, 10:34:23 PM Thanks for the analysis MarkM -- very interesting.
What you said makes sense, but don't you think new coins, maybe 'appcoins' instead of 'altcoins' are desireable? By that I mean new coins that have fundamentally new code which implements various features instead of those that just forking existing code. It will be interesting to see how ethereum tries to secure their network out of the gate. For a lot of people I talk to about bitcoin, the distribution model puts them off because they feel late to the game and uncomfortable mining themselves. However it plays out, I think attempting a nationwide, fair distribution of a cryptocurrency is an interesting experiment. Unfortunately, as per this thread, block confirmations are crawling. Do you have any special insight into exactly what is happening with the auroracoin block chain and if the problem is soluble? Here is an overview of the current/recent blockchain status: https://aur.cryptocoins.at/explorer/chain/auroracoin (https://aur.cryptocoins.at/explorer/chain/auroracoin) Title: Re: delete Post by: Hazard on March 27, 2014, 10:42:29 PM MarkM -- which algorithms would you suggest for new coins? Where do you think GPU hashing power will resolve once scrypt ASICs have pushed them out of scrypt pools? GPU is more and more stupid to use at all, as more and more consumer computers have onboard GPUs of one kind or another so the GPU realm is more and more for botnets. Also the people easily swayed by memes are more likely to have GPU/CPU than ASIC so as long as only CPU or GPU can be used to mine a coin it will probably remain insanely vulnerable because its miners are not committed, they will fly away at the drop of a stupid meme. So basically to make a new coin get ASICs made for a new algorithm then launch a coin to use that algorithm. AFTER the ASICs are ready to ship or preferrably have the blockchain launch the same moment that all the Walmarts and futureshops and source stores and so on open the sale of the ASIC units, so people can queue up at such stores camping out waiting for the midnight when the new ASIC will be available in the stores and the key to unlock the miner code / blockchain will be released... Better yet just don't use blockchain, blockchains are insanely expensive to secure. Use the highest difficulty/hashrate existign coins if you must use a blockchain coin, for anything new forget blockchains trying to secure them is insanely expsensive. Clone ripple or next or whatever instead. But mostly we just don't need new coins, we need new projects that make existing coins useful. -MarkM- Now I'll shamelessly plug my latest article on Auroracoin :D. http://cryptolife.net/cheating-the-system-auroracoin-edition/ Title: Re: delete Post by: CoinHeavy on March 27, 2014, 10:44:42 PM Block 5384 just posted, so the chain is moving -- just very slowly and erratically.
https://aur.cryptocoins.at/explorer/chain/auroracoin (https://aur.cryptocoins.at/explorer/chain/auroracoin) Title: Re: delete Post by: markm on March 27, 2014, 10:48:56 PM Oh, come on... Most of these coins will go the way of coiledcoin, groupcoin, et al... You know that just as well as I do. GRouPcoin actually has quite a lot of hashing power now. CoiLedCoin doesn't because no large public merged mining pool has picked it back up yet, but that just makes it an excellent opportunity for private merged miners to accumulate a hoard before the difficulty does skyrocket. GeistGeld is also a great opportunity for private merged mining, and has such fast blocks that all the crapcoins with fast blocks but no way to actually secure their blockchain should eventually get blown away by it IF there is any truth in the notion that fast blocks are a good thing. The big difference is the ability to actually secure the blockchain. -MarkM- Title: Re: delete Post by: eightspaces on March 27, 2014, 11:07:42 PM Block 5384 just posted, so the chain is moving -- just very slowly and erratically. https://aur.cryptocoins.at/explorer/chain/auroracoin (https://aur.cryptocoins.at/explorer/chain/auroracoin) BCX said block 5400 in August, seems like Altcoin Hitler's calculations were pretty off BCX, thats all u got right now? Come on, i wanna see more power Title: Re: delete Post by: tattooist on March 27, 2014, 11:26:54 PM It's been crawling.......I love you. Look at the block explorer, it came to grinding slowdown starting about 5375. It amazingly looks like a Time Warp exploit. At this rate you might make block 5400 sometime in August ROFL. ~BCX~ ^^This is what he said ^^ If you quote someone..atleast get it right Title: Re: delete Post by: ICee712 on March 27, 2014, 11:42:05 PM ]in the long term it's a good thing, if BCX is successful he can show how the algorithm is insecure and newer currencies will have to use something else if he's unsuccessful, it will prove that the newer algorithm is secure given enough hashpower The same way Gox failing was a good thing, since it was insecure? And how exchanges should do something else? Yeah, the public doesn't think that way. You are absolutely correct. All this does is force countries to do one of two things. 1. Outlaw crypto currencies, and put a ban into them from being used anywhere except underground sources. 2. Force the SEC to find a way in regulated it, thus making it a federal crime to interfere with the workings of said currency. If they cannot find a way to regulate it, see 1. Personally, I'd rather they ban them instead of regulate. Regulations opens up the door to more corruption than we're experiencing in some cases. Real smart people making moves here, and doing something as fucking stupid as trying to intervene with a coins workings that the person does not agree with. Good job doofus Title: Re: delete Post by: s1gs3gv on March 28, 2014, 12:14:34 AM Scamming people into "investing" into a known-insecure blockchain is pretty much a scam, or at best criminal negligence / fiscal irresponsibility. Was there ever a time that the bitcoin blockchain was known-insecure ? Title: Re: delete Post by: s1gs3gv on March 28, 2014, 12:17:24 AM I feel like most of you don't even understand what is actually happening and are just jumping on the loudest bandwagon Spotty, i am sure you are the only guy here who 'gets it'. You are just so obviously more experienced and superior to everyone else ! How often do you 'get it', anyway ? ~<^>~ Title: Re: delete Post by: Starlightbreaker on March 28, 2014, 01:10:55 AM Looks like something strange is going on with Auroacoin block chain. Starting at block 5375 it certainly appears as if something is slowing down the chain. Any ideas? ~BCX~ Title: Re: delete Post by: woetohice on March 28, 2014, 01:51:12 AM What evidence? https://i.imgur.com/8WsJYam.png I'm not talking about the fake extortion PM that's been posted. I believe BCX when he says he's not the one doing the extorting. He's admitted that he just takes orders from the extortionists. Don't see any reason why he would lie about that. Also, if BCX were the one doing the extortion, I'm pretty damned sure he'd want payment in BTC, not Aurora, LOL. No, what I'm talking about is the evidence in public posts on this forum. The extortionists described exactly how the scheme works, including what they charge. If they don't pay, they sick BCX on them. BCX said he just attacks whatever coin they tell him to. Those are public posts. Do you really think those posts were somehow faked? Title: Re: delete Post by: iGotSpots on March 28, 2014, 02:05:02 AM I feel like most of you don't even understand what is actually happening and are just jumping on the loudest bandwagon Spotty, i am sure you are the only guy here who 'gets it'. You are just so obviously more experienced and superior to everyone else ! How often do you 'get it', anyway ? ~<^>~ https://i.imgur.com/hhZk5lR.jpg Title: Re: delete Post by: s1gs3gv on March 28, 2014, 02:25:26 AM Class act man, but nobody gets it that much !
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