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Author Topic: [ANN][STEEM][POW] - An experimental Proof of Work blockchain  (Read 10034 times)
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Eclipse Crypto
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March 24, 2016, 03:07:15 PM
 #141

I have good news and bad news...

bad news: we have identified an integer overflow bug in the POW scheduling that only shows up when difficulty got high (thus didn't show up on our tests).
good news: we have decided to relaunch the chain with the fix and in a way that will hopefully make more people happy

On the relaunch we will do the following:

1. Start a new Thread
2. Give 30 minutes notice ahead of the start of mining
3. Not squat on any names

If there are any other requests for the relaunch we will consider them now.  

Like we said from the beginning this is experimental / unproven consensus and beta software.  

My first suggestion is not to relaunch. This coin has been bullshit and you are just making it worse. It seems like you want to relaunch because others have been finding blocks besides you.

Hard fork it like an adult. Relaunches will make you lose any support you are gaining.

1. If it's unproven, don't rent $200/day of hashes because you are not only wasting your money but others as well
2. 100%+ interest for a pow coin is not sustainable, there is a reason bitcoin halves every 4 years
3. 30 minutes is not enough time because people will be sleeping
4. make the announcement in this thread so you don't fuck over people who have been following early
5. basically don't do a lot of things to fuck over people on purpose

Yeah it's your coin, but your approach has been juvenile. You think this relaunch is responsible, but in fact it's just a symptom of how you operate.

If you want others to help, quit fucking with us and be grown-up about it. Don't piss off the people you want to help you.
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thereverseflash
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March 24, 2016, 03:12:49 PM
 #142

I have good news and bad news...

bad news: we have identified an integer overflow bug in the POW scheduling that only shows up when difficulty got high (thus didn't show up on our tests).
good news: we have decided to relaunch the chain with the fix and in a way that will hopefully make more people happy

On the relaunch we will do the following:

1. Start a new Thread
2. Give 30 minutes notice ahead of the start of mining
3. Not squat on any names

If there are any other requests for the relaunch we will consider them now.  

Like we said from the beginning this is experimental / unproven consensus and beta software.  

My first suggestion is not to relaunch. This coin has been bullshit and you are just making it worse. It seems like you want to relaunch because others have been finding blocks besides you.

1. If it's unproven, don't rent $200/day of hashes because you are not only wasting your money but others as well
2. 100%+ interest for a pow coin is not sustainable, there is a reason bitcoin halves every 4 years
3. 30 minutes is not enough time because people will be sleeping
4. make the announcement in this thread so you don't fuck over people who have been following early
5. basically don't do a lot of things to fuck over people on purpose

Yeah it's your coin, but your approach has been juvenile. You think this relaunch is responsible, but in fact it's just a symptom of how you operate.

If you want others to help, quit fucking with us and be grown-up about it. Don't piss off the people you want to help you.


With respect to wasting money, we lose more in dev time than any hash power.
You are entitled to your opinions on inflation
Consider this the notice, we will relaunch today. 
We will make the announcement in this thread
Not doing anything to hurt anyone on purpose.

Are you fast enough?
Eclipse Crypto
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March 24, 2016, 03:19:34 PM
 #143

Not doing anything to hurt anyone on purpose.

Then you are just careless.

You need more than 30 minutes of lead time.
Eclipse Crypto
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March 24, 2016, 03:24:56 PM
 #144


2. 100%+ interest for a pow coin is not sustainable, there is a reason bitcoin halves every 4 years


With respect to wasting money, we lose more in dev time than any hash power.
You are entitled to your opinions on inflation



You already overflowed one integer with this coin. What's going to happen to an int64_t after 12 years of doubling?
thereverseflash
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March 24, 2016, 03:34:39 PM
 #145


2. 100%+ interest for a pow coin is not sustainable, there is a reason bitcoin halves every 4 years


With respect to wasting money, we lose more in dev time than any hash power.
You are entitled to your opinions on inflation



You already overflowed one integer with this coin. What's going to happen to an int64_t after 12 years of doubling?

Reverse split, we have many years before that becomes an issue.

Are you fast enough?
STEEMD
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March 24, 2016, 03:37:01 PM
 #146

im in for the relaunch  Grin
thereverseflash
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March 24, 2016, 03:55:24 PM
 #147

Relaunch in 1 hour.
Ports will change
New thread will be created in 30 min.

Are you fast enough?
thereverseflash
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March 24, 2016, 04:41:07 PM
 #148

New Thread for Relaunch: https://bitcointalk.org/index.php?topic=1410943.new#new

Are you fast enough?
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