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Author Topic: Anyone with a lot of MH/s want to fork the TerraCoin chain?  (Read 4150 times)
Liquid
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November 08, 2012, 04:19:16 AM
 #41

Yes lets not nuke Terracoin please

Bitcoin will show the world what hard money really is.
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November 08, 2012, 02:35:26 PM
 #42



Really. Come up with a way to prevent 51% attacks of nascent blockchains and preserve all the features of the bitcoin POW scheme. That would be innovation! Checkpointing is only a workaround.

In this regard attacking all nascent chains would provide an evolutionary pressure to create a decent solution...

+1. There is no point in an experiment which provides no useful information. We've seen this before. It adds nothing. This needs to be nuked.

Nuking all new chains will accelerate the innovation process. Someone will be motivated to come up with a cockroach of a blockchain.

If we don't nuke everything, the poor cockroach will not be identified. Its creator will proclaim "I have made a cockroach."

Outsiders will not be able to tell a cockroach from terracoin. The noble cockroach will be forgotten.  Cry
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November 08, 2012, 02:55:28 PM
 #43

Someone will be motivated to come up with a cockroach of a blockchain.

If we don't nuke everything, the poor cockroach will not be identified. Its creator will proclaim "I have made a cockroach."

Outsiders will not be able to tell a cockroach from terracoin. The noble cockroach will be forgotten.  Cry


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November 09, 2012, 11:53:19 AM
 #44

It's actually worse than pointless, since the addresses used start with a 1 the same as bitcoin.  This is something that the creators of the other alternate chains did not mess up!  A terracoin address is not easily identifiable as a terracoin address.

+1 I think this was a terrible idea.  What happens if we send bitcoin to terracoin addy?  Lost coins?

Actually I thought about it and no- the coins are not lost. If you sent Bitcoin to a Terracoin address, then the private key of the owner of the terracoin address you INTENDED to send to, will be the same private key as the Bitcoin address you did send to and vice versa. So basically you may have to ask nice, but the intended recipient on either chain will have the private key for the corresponding address in the other chain. So, no- they aren't lost coins.

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November 09, 2012, 12:24:17 PM
 #45

It's actually worse than pointless, since the addresses used start with a 1 the same as bitcoin.  This is something that the creators of the other alternate chains did not mess up!  A terracoin address is not easily identifiable as a terracoin address.

+1 I think this was a terrible idea.  What happens if we send bitcoin to terracoin addy?  Lost coins?

Actually I thought about it and no- the coins are not lost. If you sent Bitcoin to a Terracoin address, then the private key of the owner of the terracoin address you INTENDED to send to, will be the same private key as the Bitcoin address you did send to and vice versa. So basically you may have to ask nice, but the intended recipient on either chain will have the private key for the corresponding address in the other chain. So, no- they aren't lost coins.
And if I remember correctly, since sending from one chain to another is not possible, the coins can be recovered by doing some hacks on the wallet.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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November 09, 2012, 12:38:40 PM
 #46

It's actually worse than pointless, since the addresses used start with a 1 the same as bitcoin.  This is something that the creators of the other alternate chains did not mess up!  A terracoin address is not easily identifiable as a terracoin address.

+1 I think this was a terrible idea.  What happens if we send bitcoin to terracoin addy?  Lost coins?

Actually I thought about it and no- the coins are not lost. If you sent Bitcoin to a Terracoin address, then the private key of the owner of the terracoin address you INTENDED to send to, will be the same private key as the Bitcoin address you did send to and vice versa. So basically you may have to ask nice, but the intended recipient on either chain will have the private key for the corresponding address in the other chain. So, no- they aren't lost coins.
And if I remember correctly, since sending from one chain to another is not possible, the coins can be recovered by doing some hacks on the wallet.

Yes, but since the address structure is identical to bitcoin, sending them from one chain to another actually results in you sending the coins to a valid address within the same chain you're sending from. So you can't recover them. But you can ask the person you intended to send to nicely if they would recover them from the other chain. Since their private key is valid for both chains.

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November 09, 2012, 02:48:26 PM
 #47

Lol @ luke jr and his 51% attack attempts.


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November 09, 2012, 05:36:35 PM
 #48

Lol @ luke jr and his 51% attack attempts.



This is how he justified attacking Coiledcoin:

I don't particularly have any incentive to respond to the scammers that I foiled, given the significant cost (in time) to do so. Nor do I have any financial loss or care particularly if people want to stop mining on Eligius because they were in on the scam (or any other reason). I will clarify that Eligius miners were not adversely impacted by this, and that the CLC mining involved only adding data that I hashed myself to my own transactions; and I was careful to ensure that nobody lost any confirmed CLC. If any Eligius miner wishes to inquire further, I will take the time to answer specific to-the-point questions which are signmessage'd with an active (ie, has mined in the past week) Eligius payout address that has earned at least 2000 TBC (5.36870912 BTC) over all time.

Eligius is a Bitcoin mining pool and I am, as always, committed to doing my best to contribute to and protect the Bitcoin ecosystem. Pyramid schemes built upon forks of the Bitcoin software ultimately discredit and harm Bitcoin's reputation. I hope CoiledCoin will be the last of such scams now that it is clear there are people (not just myself) willing to stand up to them. Namecoin alone demonstrates a legitimate, innovative use of Bitcoin technology, and while I don't personally agree with their ideals/goals, I see it as a good thing for Bitcoin and worth cooperating with.

cablepair, regarding Devcoin, I don't see any reason to treat it as different from any other scamcoin. I will at least discuss it with you on IRC before doing anything other than mining it with the almost-unmodified (zero txn fee, zero post-maturity delay) Devcoin client.

P.S. While the opposition seem to be very venemous and vocal, I have gotten a lot more positive support from a head-count perspective.


Not sure which version of the bible he studied, but I'm fairly sure he misinterpreted a lot of it as his actions don't seem like those of a decent human being

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November 09, 2012, 06:56:42 PM
 #49

Well,

In the meantime,

Will someone please set up a merged mining pool?

http://poolserverj.org/ supports merged mining.

If I don't see one go up in a week or so I'll pay a pool operator to put one up probably.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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November 09, 2012, 07:41:05 PM
 #50

Well,

In the meantime,

Will someone please set up a merged mining pool?

http://poolserverj.org/ supports merged mining.

If I don't see one go up in a week or so I'll pay a pool operator to put one up probably.

Unfortunately, i think the client has to be patched to support merged mining (at least if it's the main chain, BTC beeing the aux chain for example).

At least one patch is available somewhere, but quite old as compared to current bitcoin tree Sad

Dunno if that's possible, but maybe, if the TRC chain is considered as the 'aux' one, an already patched alt chain beeing the main chain then
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November 09, 2012, 10:26:46 PM
 #51


+1 I think this was a terrible idea.  What happens if we send bitcoin to terracoin addy?  Lost coins?

Assuming the fork simply left addresses alone, Bitcoin would go to the Bitcoin clone of the terra address. In practice, yes, lost coins.
wrong, get the priavekey of your terracoin addy and add it to bitcoin, you got ur coins back!

[GPG Public Key]
BTC/DVC/TRC/FRC: 1K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM AK1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: NK1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: LKi773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: EK1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: bK1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
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