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When is the development roadmap going to be available?
How will features be prioritised?
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Are you seriously thinking of rolling back over 500 blocks rather than taking responsibility for your own mistake?
They have taken the responsibility and are fixing it  Jeez I've been mining this for a while, this will drop the last 12 hours? of mining. Granted it is a lot more profitable than it would have been otherwise  but even the transaction fees I would have gotten will be gone. Seems rolling back will help the few with a lot of coins and not rolling back will help everyone else who's been mining. Not my coin, just my two cents ... and what about those that mined it upto the block 16000 and stopped because they read here that it was broken? they would have have received maybe 5-10PMC TX fees in days of mining whereas a single block was 1000 PMC post block 16000. Just another view.... |
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Is there a WTS/WTB thread for this coin?
Sorry but no Trades possible atm... I advise not to trade with anybody, there is a fork & rollback coming. Are you seriously thinking of rolling back over 500 blocks rather than taking responsibility for your own mistake? I think it is the right thing to-do (hard fork back to 15999) .... |
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how, is that even funny ?
It's not. Yes, a coin with 60 BTC Trade in 24hours on Cryptsy is considered dead ...... :rolls eyes: |
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I wish I understood the tech aspects better.  Yep, could someone explain it for dummys? Someone with a better miner than everyone else together changed the rules of the game at will. That is not possible. 51% attacker can not affect coin generation in any way except increase inflation via added hashpower. If clients we use all have coded rule which says "generate no more coins if 500,000 coins exist" than no one can generate any more coins that would be accepted by our clients. It makes no difference at all how much hashpower is in question. I am no expert BUT if the said attacker : Modified the source, compiled new version. Once he has 51% - it is possible since his fork now "rules" so to say. |
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I've taken the Faucet down until a fix is released.
Thank-you. I am checkpointing and working out a plan to fix it now. No probs, I know this can be a pain and thanks for keeping on-top of it. |
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I've taken the Faucet down until a fix is released.
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Please explain to me how an attacker can fork the blockchain, and from then on put a block reward on 1000 coins on every newly mined block.
I am not getting it how this is suppose to work.
The way I understand thing is :
It is our client, the software that determines the block reward, when our client creates a new block it determines the block reward from the rules within the software, it then sends this block out to the network and then the other clients verify whether that new block was created according to the rules, if not then the newly mined block will not get confirmed by the network.
I fail to see how all of the sudden my client would decide to reward a new block with 1000 coins, when the software is still the same and then how all the other clients on the network accept this new block when the 1000 coins block reward is clearly against the rules of the software.
I doubt the attacker scenario, I think it is much more likely that it is simply a bug in the software that has always been there.
If you control over 51% of the network, you can fork the chain. That wallet that forked the chain can do anything it wants - in this case, add 1000 coins to every block. It's absolutely possible and entirely plausible. You don't need to have every wallet running the malicious code. Just one. It would only take one big ASIC miner or rig to do it. I am still doubting it, do you agree that it is my client that determines the block reward from the rules within it's software ? If it is my client that decides the block reward, how on earth did it all of the sudden decide to put a 1000 coin reward on the block ? I can understand how a changed block reward gets accepted by the network as a result of a 51 % attack but I still fail to see how my client decides to generate a block with a 1000 coin block reward by itself as a result of a 51 % attack. Your client mined a 1000 PMC reward block ? Since Block 16000 the rewards have been 1000PMC ..... |
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Did we ever get a P2POOL for EarthCoin?
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Please read before spreading FUD - the funds are simply stored in an offline wallet so that the bulk of them are safe in case the faucet is hacked. Having 25k in the faucet makes it a target.
I'll belive in that once faucet balance hits 0 and those 24,000 coins or major part of them replenish the hot wallet. You need to relax.. 1. The bounty (25k) for the Faucet was forfeited so that it could be given to the community. Hardly the sign of someone wanting to run off with it. 2. As the dev has suggested, to protect the Faucet and more importantly PMC Distribution a large portion of the PMC Faucet Balance will be held in an offline wallet. Enough funds will be kept in the Faucet for it to operate daily (infact it has sufficient PMC to operate for a week at the current rate). An automated system is in place to notify when the Faucet falls under a defined value at which point it will be topped-up. Thanks to those of you who have kindly been donating to the Faucet. |
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Now this is what you call "original"
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<snip>
I have read (can't remember where if I find the link I will put here) that GDDR6 is coming out in 2014 and one GPU with GDDR 6 on should be able to hash at about 2M/Hash +/- 10% for the cost of a 280x today,
<snip>
Anyone have a link to this? Ontopic; to OP did you pre-order two units? i.e. the group buy still ongoing. |
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http://cryptexplorer.com is really frustrating me now. I don't know what the problem is. I have the hashes, all I need is the information from each page. It was working fine yesterday for 300 blocks, so not sure why it's choking up now for a very similar amount. Without a fleshed out API it's very difficult. I'll keep running tests until I've sussed it out. I spent all night writing the code, so I'm not giving up on it. It may just be simply that the site just blocks you once you make too many connections. If that is the case I'm not sure what to do. There are a few more things I can try, so I will try. I don't think it's my code, because I can examine x amount of blocks, but then after awhile I get page load errors. http://blockchain.premineco.in/ |
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I'm going to let the market do what it likes. I'm not particularly bothered right now by it. Whether the price is high or low, it'll benefit the coin either way. High and the coin has value, low and it'll get distributed further.
Could not of said it better myself. Kudos! |
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Nice. I see we are not the first to suffer from this and a good solution is available. |
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Honestly *if* a pool is deliberately r*ping the EAC difficulty (and proven) then whilst I know this goes against what Crypto Currency stands for as a community we should respond. Surely we have a responsibility to ensure the integrity of the Coin.
1. Increase NetHash so that said Pool can not have such an affect... How do we attract more miners?
2. Kindly ask them to stop and if it continues....
3. Firewall said Pools IP/IPs from the Nodes (someone with more technical understanding of wallet communication with nodes will need to chime in here).
My two cents...
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