I'm in the USA, so this MAY not apply, but corporate structure is very similar between the two countries. Basically, as you said, it comes down to two things.

First, if he was running a ponzi, then it is definitely a criminal matter. Proving that will be interesting.

Second, he was actually purchasing and reselling hash power and something went badly wrong in his supply chain. That's a civil matter, and not criminally actionable unless it can be proven that the failure was intentional. In that case, he has options. One, the one he's claiming. Try to rebuild through other avenues and compensate the existing customers accordingly. Two, bankruptcy, in which case said customers can make a claim and hope that they get a piece in the settlement. Simple bankruptcy due to business failure will not bar him from trying again or doing a different business, but it will affect his credit, or that of the corporation depending on how it's structured.

I hate agreeing with Puppet, because he's abrasive, but he's been right too many times for me to ignore it. If he's right, then we all got caught in a ponzi. I didn't think so at first, because the rate and timing of them adding new hash was consistent with them buying equipment from Bitmain and ASICminer. The delivery times and amount of hashpower corresponded. Later, it seemed more hash, faster, but there were a lot more hardware options then. I also was under the impression from private correspondence with pbmining that they were reselling only a portion of the hashpower they purchased, so that they always had a slush fund against power costs and to make a bit more profit off of their own mining operations. That would have been a sustainable model even given the no fee contract. It's the way I would do it if I had the capital to get it started.

At this point, I guess we wait and see. Not much else to be done, except those who have not broken even might have legal avenues to pursue. I liked the guys in private correspondence, they were always cordial and the reasons for their secrecy seemed legit to me. They had said that when they were just resellers of ASIC equipment that people had broken into their facilities and made personal threats, and they were not equipped to deal with that. Given the level of crazy on these forums and in this industry, I found that reasonable. But they've gotten very large, and I think this no longer applies, and said so many times. With the sheer amount of business they've done, they could afford very good private security were that still the case. Something stinks like rotten fish.

EDIT: I have apparently remembered incorrectly, in looking through previous correspondence I cannot find anything about a break-in. PBmining asked me to document this conversation just a few minutes ago, and I can't find it. I did find one about being harassed and threatened, so I'm leaving that as is. I either remembered wrong or deleted a PM, but I rarely delete PM's so we're going with old age on this one.

slight update on this. It's being upgraded to the newest version. Some of the Cryptsy staff were made aware of the new git push while it was happening. There were (and probably still are) several nodes connected to a fork. While they do not cause the whole network to fork because of checkpointing, they can cause connection problems. So, if you are resynching for any reason, it's a good idea to take the nodes that Noise23 posted and put them in your tekcoin.conf file. WHILE SYNCHING, these nodes should be put in as "connect=<node ip>".

Once fully synched and in tune with the block explorer (give it ten minutes as it updates every four), then change those to "addnode=<node ip> and restart your client. This will make sure you're on the right chain until fully synched, and then will only discover peers that are correctly synched.

Actually it has. I think the wiki addresses this, and we've discussed it in depth, height and breadth here and in IRC The conclusion is that the inflation control works, but we ain't sure how it's gonna roll in the future. The max subsidy makes it so that eventually, you'll either be waiting a long time to stake smaller blocks or sacrifice some of the gained interest for speed.

That's the short form. The long form is still being discussed/debated/derided...

Quoted for hilarity

I could see them trying for a 14 mm spec as if it were toadally awesome

I disagree. We rushed out a fix for TEK instead of planning for a smooth transition, and it was a fucking catastrophe. I offered to help here because I think I can do it, but if Noise is already doing it, that's good.

My thought is that it should be put back to 200 percent for the moment, and THEN adjust NVCS and/or introduce a max subsidy over a couple of staged releases.

Let's not forget that TRK was already declared dead when Noise took over, and that he is not getting paid to do this.

My client is not currently loaded, however if you are running the current version (2.2) it's automatic checkpointing will correct it in short order if you are on the wrong fork. Or at least it should. It's possible that the block explorer is behind, but it has been pretty accurate of late.

I don't know enough to fix the code. I know some of it, but I'd probably break the wallet doing it. The rest of the wallet works quite well.
Interim fix, I suppose, would be to lock the minting at 200 percent. I think that's only one or two lines of code. But max subsidy and NVCS, I know nothing about them. I do kind of like the idea posted above at setting interest at 200 and max subsidy at 100 or even 200. That would require people to order their wallets properly or miss out on staking opportunities, and keep the chain moving. It would reward the diligent as well.

I'm willing to take a stab at it in about three days, if Noise doesn't get there first, but I would do so with the caveat that it will wreak havoc if I mess up, so if y'all want me to try, be wary and it might have to be rolled back. I've learned a lot over the last year, but I'm hardly a programmer.

It means one of two things in my experience. Either you're not fully synced, or you are on a fork. In either case, you can either wait to catch up to the current block height, after which the message will vanish, or you may have to resync from the beginning.

If neither of those fix it, ask Noise23 because my knowledge ends here, unfortunately.

Thought this went away I'll fire up my daemon.

EDIT: getting no connections so far.

(drunken Cherokee grin) I shall bow to your profound wisdom on this one, sir! Nice to see a little levity here.

I believe I'll have another beer. I'll let you know if it happens

But seriously, there are different contexts to "belief". I tend to hold that the great humorist Mark Twain got it right when he said that "Faith is the belief in what you know ain't so", as opposed to a belief that, barring a supernova, the sun will tomorrow once again appear to rise in the east due to the rotation of the planet.

...and the beer is quite good.

I've seen Windows update be anything BUT graceful several times, especially on laptops. Particularly Windows 8/8.1 (which were the inspiration for me moving on to Linux), but it caught me out a couple of times on 7 too. I have since made a rule of making updates NOT be automatic, regardless of how much Windows nags about it. Once started, the process will screw your computer up badly if interrupted, so I find it better to do it on my terms.

There are a lot of cool things about Windows. I used it for nearly it's whole history, and I won't bash it in general, but it seems that Microsoft recently has been out to screw over their users. Either that, or they lost all their talent to the competition. I've not bothered to look at 10, but judging by RT and Windows 8, they seem to want people to move on to Linux or (shudder) OSX. 

I run Ubuntu. You have to compile it yourself, but it's fairly simple. PM me if you run into any issues.

dollars have even less real value, yet continue to be one of the two main reserve currencies in the world. And I think by now even Keynesians know the dollar is a ponzi writ humongous.


this is actually an element I'd like to see change. I'd like to see a multipool use it's resources to push the price UP. The customers might not like that in the short term, though, so I'm not sure it would work. But don't you think it would make an interesting experiment?

If enough people refuse to sell at sub 2K, it creates a floor. Anyone wanting in at any quantity will have to hit or raise that floor. Trading and Poker have a lot in common. It's a game, and I play to win. Besides, 2800 HYP isn't a big dent in my stash. When my next four blocks stake (which should have already happened, but HYP is weird about big blocks) I will have nearly doubled that. Pushing the market a bit is both fun and (potentially) profitable.

Since I was the one who opened my big mouth...

yes. I'll match, and increment a little above with another 800. Just sent the coins, it'll be posted up as soon as they confirm.

EDIT: Done and increments of 200 up to 4K. Let's do this shit

I have no math to back this, but my take is that it will make little difference to security. Large blocks will stake faster, small blocks will take longer, but the network will continue to adjust to meet the time per block specifications. I suspect we'll see wild swings in difficulty as people figure out the optimum (for them) method of staking, but that over time it will stabilize. I'm not fully versed in the difficulty adjustment specs for HyperStake, but I believe it readjusts with every block, so the security risk is minimal.

I have. I was once a Christian minister. The deeper I looked the deeper down the rabbit hole the questions went.

As Spendulus noted, this is way off topic so I'm not going to pursue it in depth here. But Christianity's mythology is MUCH older than Christianity, and the language of the first book of the Christian bible is openly polytheistic. It's origins are Sumerian, and more specifically, Babylonian. The Jewish culture was an offshoot of Babylon. Much of their mythology is disproven, even historically.

Further, though, let's look at the Jesus myth. The idea that Neil and Bob did a crime, but it's ok now, because we took Jesus and crucified him. If that's "divine justice", then the very idea of divine justice is without merit. And that's just how ridiculous it is on it's surface. Go deeper, it gets more ridiculous.

That the Universe operates according to internally consistent "laws" is not in itself evidence for, or against, a god or grand creator. Even the proven FACT of evolution does not negate or prove the God concept, though Christians seem to think it does.

What I can state with as close to absolute certainty as you can get in a philosophical discussion is that if there is a god, or even many gods, then they do not want the worship and adoration of the insignificant humans on a third rate planet orbiting a minor star in the eastern fringe of a minor galaxy. I state this because if there are such, and they did so desire, it would not be up for debate. It would be made plain and obvious.

Given the above, which I hold to be axiomatic, there are really only a few conclusions. Three that I can see.

One: There are gods, but they don't care beyond the act of creation. This is consistent with your points.

Two: There are gods, but they are not as powerful as religious people claim, and thus they cannot prove their existence to us. This negates all religions that posit a god.

Three: There are no gods.

Given that I see all three possibilities as equally valid, I follow no religion. I do not believe there are gods, thus I am an atheist. I cannot prove there are no gods, thus I am an agnostic. This is also an answer to Ume, as he made some claims about atheism that are patently false. Atheism is a term largely coined by the religious. While there is a small subset of those who do not believe in gods who do indeed make the positive claim that there are no gods, they are a minority. Most atheists are like me. We simply do not believe in gods. We do not take a stand of faith that there certainly are no gods, but we demand extraordinary proof before we will entertain the idea as anything more than outdated explanations posited by primitive men prior to having better tools.

The burden of proof is on the persons making a claim, and extraordinary claims require extraordinary proofs.

Never look for logic in a panic. The two are incompatible. There was NO fundamental change in HyperStake or it's development. Just the usual continual improvements and tweaks. Somebody, somewhere, got their panties in a wad, and ten other idiots followed suit, which attracted a bunch of other idiots which propelled me into the top 250 on the Richlist. Fun as that was, I'm out of BTC, and tired of the idiots controlling the market. I'm not ready to sell yet, and will not be until I have at least 100K HYP. When I am, I'll list 25% across two markets, possibly three. I will not list for less than 2K sats, and if it sits and rots, so be it. If a bunch of us do that, it won't.

Same result. Is there any other webkit related dependencies I need? Or is this thing just hating on me The wallet I have is still working fine, but the new one looks cool. I want!