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Scamalert
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August 20, 2015, 09:35:30 PM |
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I undertook the painstaking effort of seeing how many virtual servers/cloud servers were being used as nodes for Bitcoin XT, since the node # rose alot the past few days. No less than 250 nodes are virtual servers from Amazon, Microsoft, Digital Ocean, etc. Seems like almost every company that offers free trials has at least a handful of Bitcoin XT servers. There might be quite a bit more since I didn't have time to research all the different companies. So 40+ % of Bitcoin XT nodes are definitely virtual servers, they're trying to inflate their numbers to appear credible. Free virtual servers have little power so they're obviously not mining, and won't help Bitcoin XT gain ability to take over the network. The only thing they do is create an illusion. https://getaddr.bitnodes.io/nodes/?q=/Bitcoin%20XT:0.11.0/I knew it, does XT guys cannot be trusted. There is something fishy going on here. Thank you for a great post. |
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VeritasSapere
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August 20, 2015, 10:17:26 PM |
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I undertook the painstaking effort of seeing how many virtual servers/cloud servers were being used as nodes for Bitcoin XT, since the node # rose alot the past few days. No less than 250 nodes are virtual servers from Amazon, Microsoft, Digital Ocean, etc. Seems like almost every company that offers free trials has at least a handful of Bitcoin XT servers. There might be quite a bit more since I didn't have time to research all the different companies. So 40+ % of Bitcoin XT nodes are definitely virtual servers, they're trying to inflate their numbers to appear credible. Free virtual servers have little power so they're obviously not mining, and won't help Bitcoin XT gain ability to take over the network. The only thing they do is create an illusion. https://getaddr.bitnodes.io/nodes/?q=/Bitcoin%20XT:0.11.0/I knew it, does XT guys cannot be trusted. There is something fishy going on here. Thank you for a great post. If you read the rest of the thread you would understand that there is nothing fishy about this. This is how Bitcoin has always worked, there is nothing wrong with hosting a full node on a virtual server, if anything this is a good thing. |
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crazywack
Legendary
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Activity: 1148
Merit: 1000
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August 20, 2015, 10:24:57 PM |
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How long till the free subscriptions are up?
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ticoti
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August 20, 2015, 10:33:52 PM |
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What are the proofs of the statement that you say?
how can you see they are virtual servers?
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miguelmorales85
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August 24, 2015, 03:45:38 PM |
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What are the proofs of the statement that you say?
how can you see they are virtual servers?
I have the same questions. |
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turvarya
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August 24, 2015, 03:51:19 PM |
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What are the proofs of the statement that you say?
how can you see they are virtual servers?
I have the same questions. I guess you can see if it is a virtual server, when you just look at the IP-address. turtlehurrican isn't known for providing proof, but claiming he made some research and just publish the "results". If it is really a free trial can not be proven, unless either the trial runs out, or somebody admits to have done it, which already happened from people who thought they could prove a point with that(the only point I see proven is, that they have too many spare time) |
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jabo38
Legendary
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Activity: 1232
Merit: 1001
mining is so 2012-2013
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August 24, 2015, 05:49:21 PM |
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to get 75% power there are only about 10 nodes that matter, 15 if you want to be really generous. Either XT gets the support of those 10 nodes or it doesn't.
the other 5000 nodes are just helping to spread out transactions, which is actually what nodes should be doing. virtual servers or on somebody's box at home with high speed, it is almost always a plus for the network unless they are on some really old hardware and really slow dial up and is faulty in other ways then it hurts the network. VPNs hosting XT are none of those things.
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Liquid71
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August 25, 2015, 03:17:09 AM |
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to get 75% power there are only about 10 nodes that matter, 15 if you want to be really generous. Either XT gets the support of those 10 nodes or it doesn't.
the other 5000 nodes are just helping to spread out transactions, which is actually what nodes should be doing. virtual servers or on somebody's box at home with high speed, it is almost always a plus for the network unless they are on some really old hardware and really slow dial up and is faulty in other ways then it hurts the network. VPNs hosting XT are none of those things.
If the nodes ignored blocks broadcast from the pools mining the altcoin XT wouldn't that increase orphan rate for those pools? |
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Soros Shorts
Donator
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Activity: 1617
Merit: 1012
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August 25, 2015, 06:19:18 AM |
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to get 75% power there are only about 10 nodes that matter, 15 if you want to be really generous. Either XT gets the support of those 10 nodes or it doesn't.
the other 5000 nodes are just helping to spread out transactions, which is actually what nodes should be doing. virtual servers or on somebody's box at home with high speed, it is almost always a plus for the network unless they are on some really old hardware and really slow dial up and is faulty in other ways then it hurts the network. VPNs hosting XT are none of those things.
If the nodes ignored blocks broadcast from the pools mining the altcoin XT wouldn't that increase orphan rate for those pools? It may, but I would imagine that the XT miners could easily make direct connections to one another to lessen this problem. Besides XT blocks are no longer competing with core blocks at this point in time, and it is best for XT and core nodes to only connect to other nodes of the same kind. After the fork, it would be a waste of network resources for an XT node to connect to core node (or vice versa) because nothing useful can be exchanged over the connection. |
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Kprawn
Legendary
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Activity: 1904
Merit: 1073
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August 25, 2015, 09:06:16 AM |
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The problem is.. if they are running free trial versions {proven or not} it would expire in due time and that would compromise the security of the network that are already devided in two. You cannot run real hashing power over a fake network that does not exist after a couple of months.  The strong point of the Bitcoin network was always it's huge total hashing power and it's decentralized nature. To spoof such a network with free trial VM software is just crazy. You win the race, but you lose the war.  |
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