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Author Topic: If *someone* is stressing BTC... Do you support stressing *someone*?  (Read 9544 times)
BayAreaCoins (OP)
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September 02, 2015, 03:16:54 PM
Last edit: September 09, 2015, 10:01:19 AM by BayAreaCoins
 #1

Just wondering what peoples thoughts are on this?

The way I read their PR thing is that they are using this attack as a way to promote their business because their customers won't be effected because of Coinwallet.eu fucking shit up for the rest of the unknowing folks.

http://www.ibtimes.co.uk/coinwallet-plans-bitcoin-dust-attack-september-create-30-day-transaction-backlog-1515981

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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LiteCoinGuy
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September 02, 2015, 03:21:07 PM
 #2

The mempool is growing but the high fee spam txs are not being mined. Lower fee 'normal' txs are getting priority. Must be large mining pools defense against the spam attack but interesting to see them leaving money on the table when they make a block.

https://de.reddit.com/r/Bitcoin/comments/3jczdz/looks_like_coinwallets_spam_transactions_not/

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September 02, 2015, 03:31:37 PM
 #3

Stress testing a product is part of every sound engineering process that wants to improve a product and make it more robust. While very inconvenient when this happens it can only get out stronger. The problem here is that testnet can't simulate every real cases.

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September 02, 2015, 03:36:15 PM
 #4

Stress testing a product is part of every sound engineering process that wants to improve a product and make it more robust. While very inconvenient when this happens it can only get out stronger. The problem here is that testnet can't simulate every real cases.

No.

You and I both know sound engineering isn't the reasoning behind these attacks.  They are attacking the network trying to force a sketchy ass fix.

Perhaps Coinwallet.eu could use some stress testing on their product to assure their engineering is sound... you know... to help make it more robust.  Roll Eyes

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September 02, 2015, 03:40:19 PM
 #5

Never, they're just FUDing IMO maybe supporting Xt with that, dont know what they hope to achieve with it, bad publicity. But well like the saying "Every publicity is a good publicity"



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September 02, 2015, 03:42:30 PM
 #6

Dunno who they are, but I'm pretty sure Coinwallet.eu has no business. It's just a front for someone's agenda. Stress testing in principle is important but I don't see why it has to drag on for days on end. We already know what'll happen.
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September 02, 2015, 03:43:51 PM
 #7

Stress testing a product is part of every sound engineering process that wants to improve a product and make it more robust. While very inconvenient when this happens it can only get out stronger. The problem here is that testnet can't simulate every real cases.

No.

You and I both know sound engineering isn't the reasoning behind these attacks.  They are attacking the network trying to force a sketchy ass fix.

Perhaps Coinwallet.eu could use some stress testing on their product to assure their engineering is sound... you know... to help make it more robust.  Roll Eyes

A decentralized system can't be improved without receiving attacks that reveals vulnerabilities. People don't give a shit until shit happens, that's a cold reality specially when improvements are hard to make. Bitcoin is supposed to be a robust open system that can handle the behaviours of every bad actors. If it can't, it's because bitcoin is not robust enough.

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September 02, 2015, 03:46:51 PM
 #8

Stress testing a product is part of every sound engineering process that wants to improve a product and make it more robust. While very inconvenient when this happens it can only get out stronger. The problem here is that testnet can't simulate every real cases.

No.

You and I both know sound engineering isn't the reasoning behind these attacks.  They are attacking the network trying to force a sketchy ass fix.

Perhaps Coinwallet.eu could use some stress testing on their product to assure their engineering is sound... you know... to help make it more robust.  Roll Eyes

It's illegal to do a DOS attack on Coinwallet.eu from the UK.

http://www.theregister.co.uk/2006/11/12/uk_bans_denial_of_service_attacks/

Quote
12 Nov 2006 at 06:25

A law was passed last week that makes it an offence to launch a denial of service attack in the UK, punishable by up to ten years in prison.

Why isn't it illegal for them to do a stress test on Bitcoin, because it's a very close to a DOS attack on a website? I don't understand why a legit UK company can get away with this behavior. If it's not illegal in the UK then some new laws against it need passing.

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September 02, 2015, 03:50:34 PM
 #9

Stress testing a product is part of every sound engineering process that wants to improve a product and make it more robust. While very inconvenient when this happens it can only get out stronger. The problem here is that testnet can't simulate every real cases.

i agree (like most of the times  Wink )

stress test the fuck out of it!

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September 02, 2015, 05:13:17 PM
 #10

It's really cheaper to attack the Bitcoin network Smiley

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September 02, 2015, 05:48:33 PM
 #11

I agree, proper stress testing is valuable.

HOWEVER, some people depend on the blockchain for income and my preference would be for intellectual peaceful debate or protest rather than harmful disruption.  Neither CoinWallet.eu nor Bitcoin does well out of this.
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September 02, 2015, 05:58:34 PM
 #12

I agree, proper stress testing is valuable.

HOWEVER, some people depend on the blockchain for income and my preference would be for intellectual peaceful debate or protest rather than harmful disruption.  Neither CoinWallet.eu nor Bitcoin does well out of this.

Yes but it is still better now than when MORE people will rely on the blockchain.

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September 02, 2015, 07:22:12 PM
 #13

Stress testing a product is part of every sound engineering process that wants to improve a product and make it more robust. While very inconvenient when this happens it can only get out stronger. The problem here is that testnet can't simulate every real cases.

No.

You and I both know sound engineering isn't the reasoning behind these attacks.  They are attacking the network trying to force a sketchy ass fix.

Perhaps Coinwallet.eu could use some stress testing on their product to assure their engineering is sound... you know... to help make it more robust.  Roll Eyes

A decentralized system can't be improved without receiving attacks that reveals vulnerabilities. People don't give a shit until shit happens, that's a cold reality specially when improvements are hard to make. Bitcoin is supposed to be a robust open system that can handle the behaviours of every bad actors. If it can't, it's because bitcoin is not robust enough.
Why is it necessary for them to "stress test" it a third time? They have already done it once, someone else (or perhaps still them) did it again some time after that. Why do they need to do it a third time when absolutely nothing has changed since the last "stress test"? We already know what happens, what is the point of doing it again?

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September 02, 2015, 07:26:30 PM
 #14

Why, to reveal a certain vulnerability and make everyone believe that we needed a quick fix immediately.  Roll Eyes

Stress testing a product is part of every sound engineering process that wants to improve a product and make it more robust. While very inconvenient when this happens it can only get out stronger. The problem here is that testnet can't simulate every real cases.

Testnet cannot simulate all real-time problems. If testnet could handle such cases, there would be no need to attack the network in this way.

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knight22
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September 02, 2015, 07:34:50 PM
 #15

Why, to reveal a certain vulnerability and make everyone believe that we needed a quick fix immediately.  Roll Eyes

Probably because they need it faster than you and I do and they are putting their money where their mouth is.

Either way, bitcoin is an open network so they are free do to whatever they want.

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September 02, 2015, 07:38:00 PM
 #16

Why, to reveal a certain vulnerability and make everyone believe that we needed a quick fix immediately.  Roll Eyes

Probably because they need it faster than you and I do and they are putting their money where their mouth is.

Either way, bitcoin is an open network so they are free do to whatever they want.


Agreed on the last bit, but creating a problem to force a solution is different from a natural-occurring problem with a carefully-planned solution.

Btw, when was the attack going to take place?

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September 02, 2015, 07:42:57 PM
 #17

Dunno who they are, but I'm pretty sure Coinwallet.eu has no business. It's just a front for someone's agenda. ...

Yes, I believe this as well.
It is most likely a fake company created for a purpose of covering (1) an actual attack, or (2) a real world system test.

Coinwallet.eu is not an actual business and will one day disappear.



I support a decentralized & unregulatable ledger first, with safe scaling over time.
Request a signed message if you are associating with anyone claiming to be me.
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September 02, 2015, 08:01:27 PM
 #18

Dunno who they are, but I'm pretty sure Coinwallet.eu has no business. It's just a front for someone's agenda. ...

Yes, I believe this as well.
It is most likely a fake company created for a purpose of covering (1) an actual attack, or (2) a real world system test.

Coinwallet.eu is not an actual business and will one day disappear.


If Coinwallet.eu are the FED... there is no telling how many BTC they have stashed from selling cocaine (and such) to the SR vendors.

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September 02, 2015, 08:05:25 PM
 #19

Why, to reveal a certain vulnerability and make everyone believe that we needed a quick fix immediately.  Roll Eyes

Probably because they need it faster than you and I do and they are putting their money where their mouth is.

Either way, bitcoin is an open network so they are free do to whatever they want.


Agreed on the last bit, but creating a problem to force a solution is different from a natural-occurring problem with a carefully-planned solution.

Btw, when was the attack going to take place?

How do you know if they are not making this stress test because they are ready or soon to be ready to use the blockchain with shit load of transactions?

We don't but that is my feeling. Otherwise it would be pretty stupid to spend that much money for this stress test.

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September 02, 2015, 08:11:07 PM
 #20

Why, to reveal a certain vulnerability and make everyone believe that we needed a quick fix immediately.  Roll Eyes

Probably because they need it faster than you and I do and they are putting their money where their mouth is.

Either way, bitcoin is an open network so they are free do to whatever they want.


Agreed on the last bit, but creating a problem to force a solution is different from a natural-occurring problem with a carefully-planned solution.

Btw, when was the attack going to take place?

How do you know if they are not making this stress test because they are ready or soon to be ready to use the blockchain with shit load of transactions?

We don't but that is my feeling. Otherwise it would be pretty stupid to spend that much money for this stress test.
But they have already done two stress tests before, so why do they need a third? Honestly, I think that they are doing this stress test to push an agenda, to get a quick response and implementation of a big block proposal (probably BIP 101). This is not the proper method to go about doing so and should most definitely not be done.

I am in favor of "stress testing" coinwallet.eu back. Does anyone have an ip for their server or node(s)?

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