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What just happened to Deepbit?
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Topic: What just happened to Deepbit? (Read 5899 times)
MrGaSp
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Activity: 418
Merit: 253
Re: What just happened to Deepbit?
June 08, 2011, 05:56:07 AM
#61
Quote from: CubedRoot on June 08, 2011, 05:54:35 AM
The fees have not been lowered. He raised them back up on 6-4. IT was due to the outage that he had. Hes back to his normal fees at deepbit.
Ah, didn't notice, ty
IlbiStarz
Full Member
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Activity: 336
Merit: 100
Re: What just happened to Deepbit?
June 08, 2011, 05:56:50 AM
#62
The hell...there's like only 4 pools left on the pie chart other than Deepbit. Is everyone dying or something?
rezin777
Full Member
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Activity: 154
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Re: What just happened to Deepbit?
June 08, 2011, 05:59:11 AM
#63
Quote from: IlbiStarz on June 08, 2011, 05:56:50 AM
The hell...there's like only 4 pools left on the pie chart other than Deepbit. Is everyone dying or something?
No, lack of a slice on the pie chart doesn't mean the pool is down. Usually it's just the front end.
d.james
Sr. Member
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Activity: 280
Merit: 250
Firstbits: 12pqwk
Re: What just happened to Deepbit?
June 08, 2011, 06:10:32 AM
#64
Hey guys, I hear BitCoin is changing its name to DeepCoins soon, is it true?
No more BTCs here comes the DPCs.
You can not roll a BitCoin, but you can rollback some.
Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG
Serge
Legendary
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Activity: 1050
Merit: 1000
Re: What just happened to Deepbit?
June 08, 2011, 06:14:09 AM
#65
Quote from: d.james on June 08, 2011, 06:10:32 AM
Hey guys, I hear BitCoin is changing its name to DeepCoins soon, is it true?
No more BTCs here comes the DPCs.
d.james
Sr. Member
Offline
Activity: 280
Merit: 250
Firstbits: 12pqwk
Re: What just happened to Deepbit?
June 08, 2011, 06:17:36 AM
#66
Wots that? pacmanCoin?
You can not roll a BitCoin, but you can rollback some.
Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG
Rob P.
Member
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Activity: 84
Merit: 10
Re: What just happened to Deepbit?
June 08, 2011, 11:24:42 AM
#67
They *could* verify a forged block allowing various addresses to double-spend coins.
Once the block is verified by their own pool (more than 50% verified it, so it MUST be legit, right?) then they have just "printed money".
They can repeat that as often as they'd like and there's very little anyone can do, other than drop out of their pool so they drop below 50% of the hashing power of the network, and can no longer forge blocks.
This is the major weakness in Bitcoin creation.
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