So uh, we found a couple blocks...  There is no better feeling in the world than waking up and seeing a result like that. My morning wood lasted until like 12PM today, it was fantastic AND awkward. Buffer went from 60 to almost 700. That's crazy. http://stats.nuradu.com/ |
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I don't get it. Is this a joke? How would one exchange their old solidcoins for bitcoins? Who would buy these solidcoins that will soon become worthless? And how would they then convert their solidcoins to the new 2.0 solidcoins. This makes no sense whatsoever.
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It may be a minute between blocks, but because I was building on my own split chain, each block was built on top of the previous one I found. So it looked like this: {
"account" : "",
"category" : "immature",
"amount" : 7.00000000,
"confirmations" : 4,
"txid" : "8132ac21f1b656809d7859bca7190487635d4b74d217759ff9c64219b16388f0",
"time" : 1316192750
},
{
"account" : "",
"category" : "immature",
"amount" : 7.00000000,
"confirmations" : 3,
"txid" : "610036b858586763662ea96b1d12c0c6a005184842f2dca7d6a0d47502ef2e79",
"time" : 1316192941
},
{
"account" : "",
"category" : "immature",
"amount" : 7.00000000,
"confirmations" : 2,
"txid" : "aa8e1379cb807ae660e4034cb24bcd24e5bb2a897405113c0275d9565b22ed77",
"time" : 1316193097
},
{
"account" : "",
"category" : "immature",
"amount" : 7.00000000,
"confirmations" : 1,
"txid" : "9973f663ab4de4d0548b9b66f03b8e5fb9d75cecd2bb1ce9b03373b6e1da0229",
"time" : 1316193530
},
And then after a few minutes, they all got orphaned. |
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I've been mining with 6 ghash and just now I saw that I found 5 blocks in a row. Immediately, I realized something is not right. I can't be that lucky. After a few minutes, I saw that these 5 blocks all got orphaned. I assumed that due to network issues, I was disconnected enough to build up my own block chain, which got wiped out when I reconnected.
Unfortunately, I think these problems will get worse as the network grows.
Interesting. I wonder how things will play out as we start hitting 100, 200, 300 GH. Won't matter if we have 100 TH. After a few quick blocks, difficulty will adjust, and we'll be right back to 15 second blocks. Well it's more about the number of nodes than the network hashrate. With a lot of nodes, block information will have to be sent to all the nodes. So there will be a lot of data sent around. Nodes that are unaware of the latest block, will be splitting the chain. So there will be a lot of collision and chains merging. Will be interesting to see if the network can handle it. |
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For all those with SC involved, please go to this thread and give the deposit addresses and your balance when it went down. If it is indeed a "Scam" or moon never returns I can help fix some of the fraud that went on in SolidCoin 2.0 and hopefully return some or all of it to those users. We have some of his main deposit addresses and can "block" them from going back to him, instead giving them to the users of the service. http://solidcointalk.org/topic/217-mooncoin-deposit-address-thread/. Here he gets to act like he is going to help, act like a Saviour and defers the action. Geez Do you really think people can't see through this. But please be reminded, I told you all over a week ago that Mooncoin was a SCAM and was blasted. Wait, what? He's asking people to post their mooncoin deposit address so that he can revert those coins back with SolidCoin 2.0? How stupid can this get? I already sold my SC for BTC on mooncoin. I'll post that deposit address, so I can get those SC back! Or better yet, I will post all the addresses I ever sent SC to. How the heck is he supposed to know if the addresses are indeed mooncoin's. CoinHunter/RealSolid keeps impressing me with his arrogance and stupidness. |
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I've been mining with 6 ghash and just now I saw that I found 5 blocks in a row. Immediately, I realized something is not right. I can't be that lucky. After a few minutes, I saw that these 5 blocks all got orphaned. I assumed that due to network issues, I was disconnected enough to build up my own block chain, which got wiped out when I reconnected.
Unfortunately, I think these problems will get worse as the network grows.
If you (or anyone else) ever find another "bizzaro streak of blocks", please do a getinfo and see if you have connections, and if so, how many. Because if you have like 6-8 connections and get such a streak, then likely something more that just "connection loss" is afoot. Having said that, if network issues start causing orphaning of large ammount of blocks, that could be detected when studying the blockchain. According to ArtForz, so far there is no indication that the amount of orphans "on whole" is higher that normal. P.S.: coblee, could you PM me the timestamps and txid on those orphans (should be in listtransactions) ? I did check. I have 8 connections. Since the blocks were consecutive, it makes me thing I was isolated somehow. I will PM you with timestamps and txids. |
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I've been mining with 6 ghash and just now I saw that I found 5 blocks in a row. Immediately, I realized something is not right. I can't be that lucky. After a few minutes, I saw that these 5 blocks all got orphaned. I assumed that due to network issues, I was disconnected enough to build up my own block chain, which got wiped out when I reconnected.
Unfortunately, I think these problems will get worse as the network grows.
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Unfortunately there isn't much I can do to those people who lost BTC/NMC. And if it wasn't for the SC restart, there wouldn't be anything I could do for SC users either.
You can't do anything as well about the SC that people BOUGHT with BTC on the exchange, before the shutdown, and stayed in their exchange accounts. This obviously is not in the blockchain but in Mr.Moon's database Or are you going to return them to those others who deposited them in the exchange in the first place? Therefore STEALING them from those who legitimately purchased them? So all those "lucky" others who deposited their mined SC on Moonco.in, and were lucky to exchange them for BTC and take the BTC out of the exchange before it shut down, will be rewarded by having their SC back? I hope you do understand that this means you are actually rewarding Solidcoin-dumpers-for-BTC and sticking it up to those who might have wanted to invest in the future of Solidcoin by transferring BTC and buying SC on Moonco.in. I also hope that the above example shows that restart of the chain coupled with redistribution of the coins from a central point creates many-many f*** ups which you probably haven't thought about as well. +1 And how about those users that transferred SC from a pool to the exchange directly. Are you going to be sending SC to the pool? Making these decisions to taking coins from a bad exchange and give it back to the people might seem like the right thing to do. But what makes you the dictator to be able to make this decision? This is supposed to be a decentralized currency. Not just a currency where one person can decide to shutdown the network, restart it in 2 weeks with a new version, and have all coins redistributed as he sees fit. Imagine if bitcoin was restarted after the mybitcoin theft to redistribute the bitcoins that mybitcoin stole! If you really want to distribute it, then distribute it to exactly to those same addresses that held the coin in the old blockchain. |
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Um, I am no actuarian coblee, but it seems to me that the original bitcoin paper does not state that probability of attacker success is a function of time.
Instead, it says that "Given our assumption that p > q, the probability drops exponentially as the number of blocks the attacker has to catch up with increases"
Again, I might be missing an elephant in the room of these arcane mathematications, but it appears that probability of attacker's success is claimed to drop off with the number of blocks, not the time spent making them, which would mean that "6 valid blocks in a net running at block per 15 secs" are as hard to overpower as "6 valid blocks in a net running at 1 block per 10 minutes" (assuming hashrate distributions for attacker and good guys match in both of them, of course).
Yes, the the original paper does say that, and it's true. 6 GG confirms is much more secure than 5 GG confirms, which is much more secure than 4 GG confirms. But the paper doesn't say anything about comparing the security between 10 min blocks and 15 sec blocks. Given the same block times, each additional confirmations makes the probability of successful attack drop off exponentially. But if you try to compare the 2 chains, 1 BTC confirmation is as secure as 40 GG confirmations. |
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Thus, 1 is neat, 2 is secure, 3 is verily secure, everything above 3 even more secure to the point of paranoia at 6 and "you should probably buy something on Silk Road" at above 6
You need to run your Geist Gold proxied through Tor to understand why you are wrong. Satoshi was probably over-conservative. You are certainly over-optimistic. Lolcust, I think you are overly optimistic about this. 6 geist confirmations is definitely not enough to be secure. A common misconception about bitcoin is that the number of confirmations determines how safe your transaction is from a double spend attack. In reality it's how much time since your transaction that determines how safe it is. This is because the amount of time determines how likely an attack will succeed. For example, if an attacker has 33% of the network hashrate, he has to be twice as lucky than the other miners in order to create more blocks than everyone else. It's much more likely to be twice as lucky for a period of 90 seconds (6 geist confirmations) than it is for a full 1 hour (6 bitcoin confirmations). |
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45 Geist Geld coins will (I think) forever be gone. I had 45 before my computer decided to crash and I reformatted HDD.
45 is not a multiple of 7. I call BS! just kidding. :p |
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Also, one of conditions for bounty projects (which GG will traditionally have, stand by for list) will be that they are made open-source, so that everyone can benefit from them
a wonderful laundry service that guarantees 100% squeaky clean GeistGeld (mined, no history attached)
Eh ?
So instead of being open and telling people about your 7 mil pre-mined coins, you expect people to deduce that you mined some coins by the fact that you said "bounty" and using "100% squeaky clean" coins. Well, bounty coins can be mined after the coin has been published. And 100% squeaky clean coins can be mined afterwards for your laundry also. It doesn't necessarily mean you had to pre-mine them. But that's besides the point. You purposely did not mention that you pre-mined 7 million coins because you knew people would not mine your coins if you did that. Tell me that's not true. I don't doubt that you have good intentions with those 7 mil pre-mined coins. But hiding information is not a good way to go about it and it definitely hurt the trust people have in you and your coins now. |
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Here's your first post. Now explain how you can conveniently "forget" to mention this important thing about 7 million pre-mined coins. I mean I'm ok with pre-mined used to benefit a coin with bounties and the laundry idea. And 7 million might be a bit excessive. But not mentioning it before you got people to mine your coin is unacceptable. UTC 7:13 9.9.2011-- [Critical] update 13/11, please download new version (if you like the "crutches" pseudo-GUI, download the "crutches" version since pseudo-gui was updated too) or update from Github--
--If not updating via downloading the new "crutches", don't forget to update both .exe and .conf !--
Hello everybody ! Ladies and gentlemen, it is that time again - cryptocurrency of the week time! Has it been too long since the last one started ? Is it too soon ? Who knows. Without further ado, I hereby present you, the Geist Geld! https://github.com/Lolcust/GeistGeld Geist Geld is an experimental currency intended to test out the limits of block generation rate empirically, as well as (assuming it does not die due to overly rapid block generation rate) the behavior of a cryptocurrency with (almost) stable generation rate and no upper limit or alteration to supply. Geist Geld intentionally seeks to trade some decentralization to gain more transaction speed, thus, pools are kindly invited to participate so that centralization would increase somewhat Now, with your kind permission, some infrequently asked questions Why not call it "Flaccid Coin" ?Actually, name is the idea of the person who kept motivating me to go through with the project. It is not a bad name - it neatly abbreviates to GG or GEG, it sounds sort of cool (all German words do) and most importantly, it does not follow the stale and confusing naming scheme of %random_word%coin (which, quite frankly, makes differentiating between alt-coins quite a chore) Why did you decide to remove all alterations of production over time ?It seemed like an interesting thing to try out. If Bitcoin's approach can be metaphorically compared to mining an (ever decreasing) amount of gold, GeistGeld's approach can be metaphorically compared to "idealized" solar power, when output is stable (barring a few "flares" when a new big pool joins, of course  ) The block rate is too fast !That's not a question. However, I see little reason for concern. See, GG is specifically intended as an experiment for empirically assessing "cryptocurrency" behavior under such conditions. Worst that can happen is that GG fails to deliver, but that is hardly a guaranteed outcome. Only he who risks is free. Why are you using Multicoin ?Multicoin is a project with much potential and wonderful features (Escrow's already there, and more stuff on its way), and using it will allow Geist Geld to be proving ground for new ideas while benefiting from functional richness multicoin has potential to offer. If/when custom features /GUIs etc. will be developed for GG, they will be incorporated into MC (assuming the maintainers agree as to their value) and vice versa. Generally, it's a streamlined and efficient approach to rolling out a new cryptocurrency, and I hope more BTC forks will use it as a starting point. Why are you leeching on the Bitcoin community ?To the contrary, not only am I not leeching, I happen to think that, should GG survive it's launch, it can serve as guinea pig for various optimizations that can be later implemented in Bitcoin (assuming real programmers take interest, of course), thus benefiting community at large. Also, one of conditions for bounty projects (which GG will traditionally have, stand by for list) will be that they are made open-source, so that everyone can benefit from them Where is the site?Coming soon Give me windows binaries!Ok, here. (no GUI, and do investigate Multicoin to learn how to run this properly) http://www.mediafire.com/?2ymc9tito0mbj2l However, for those who are extra-unhappy with GUI-less soft, a makeshift solution has been constructed from opensource portable console and a bunch of batch files. http://www.mediafire.com/?g8i4lx4qjf6phie (<- recommended for windows users) It's not pretty (at all), but it runs on windows out of the box. Includes configs and everything. Any services ?Assuming it lives past day 4, there will be exchanges, pools, and a wonderful laundry service that guarantees 100% squeaky clean GeistGeld (mined, no history attached) What will happen if the network sustain a block per 15 seconds ?Geist Geld will push the limit further and up the ante by increasing it to 1 block per 7 seconds (BTW, I expect to also have "message signing" feature implemented in Geist Geld by that time ) That would probably allow for interesting stuff to take place... =====ATTENTION! LINKS CHANGED! CRITICAL UPDATE ! DON'T FORGET TO DELETE PREVIOUS DATABASE FILES, THEY ARE NOW INVALID ![/url]===== |
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The seven millions are legitimate, and are the bounties and laundry fund that I think I mentioned in the first post.
Wow, this was never mentioned. That's very sneaky of you. This is even worse than ixcoin. I'm glad this came out before I waste more time with this scamcoin. |
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it seems after compiled in linux, it's bitcoin
Unzip Config+Blockchain/Geistgeld_Files.zip, copy the testnet directory somewhere, and move the bitcoin.conf file in there. Then run "bitcoind -datadir=DIR" to run it using the geist gild params. |
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You didn't even change the unix makefile. So there's no way to build this for linux. Well, I guess I can't mine this coin. I got no Windows machine.
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This is long dead, though still working. I've read reports on this proxy loosing up to 10% of shares due to the code and/or apache not keeping up with the number of requests.
Please check your miner/proxy/pool stats and compare.
I've seen it slow down due to db getting too large. So I have to clean them out at least once a week doing this: DELETE FROM `work_data` WHERE DATEDIFF(UTC_TIMESTAMP(), `time_requested`) > 0; DELETE FROM `submitted_work` WHERE DATEDIFF(UTC_TIMESTAMP(), `time`) > 0; |
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If you want to get access to a beta before the public release join IRC and wait for the announcement.
Except those of us that are banned from the IRC channel. :p |
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So the faster algorithm is all just a "confidence trick" right? Yeah, it's faster, but it's not more secure. A bitcoin confirmation is 3.33 times more secure than a solidcoin confirmation. Bitcoin can have fast transactions too. Just accept a transaction after you see it sent to the network: http://bitcoincharts.com/bitcoin/Sure, a double spend attack is possible. But unless the transaction amount is large, you really don't need to be worried about a double spend attack. So there you go, instant transactions but not secure. |
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Given CoinHunter's egotistical behavior on the forums and on IRC, I can't fault ArtForz for attacking SolidCoin to try to put CoinHunter in his place. That is such a shit argument for defending Art. I think it is safe to say that there are just two wrongs that have been made and so people don't have to pick sides. Art got shit on by CoinHunter, and instead of being a bigger person went on and fucked over other people based on one persons actions. Or the alternative: Art: Hey, here is an exploit, you should fix it CH: Screw you fella! ***exploit remains active*** UNKNOWN: -attacks the chain even harder, causing a BIGGER issue-. Um, exactly. Here's an easy attack: - Fork SolidCoin and modify code to ignore huge transactions and to perform the mining cartel attack. - Put 60 GHash on mining SolidCoin using your modded code. - Create thousands of these huge transactions in secret and release them at the same time. - This will crash every single node due to out of memory issue. And if the nodes don't crash, they will be extremely slow to process blocks and transactions. - Your 60 GHash will likely have 51% of the total mining power. - While everyone else is picking up pieces, you are happily performing the mining cartel attack and raping solidcoin for its easy block rewards. ArtForz is smart enough and has the resources to pull this off. Yet he didn't. He just released 71 transactions one at a time. So yes, I think ArtForz did the right thing to bring this problem to the surface because CH/RS is too stupid to realize it's a problem and too full of himself to listen to others. |
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