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Author Topic: [ANN] FedoraCoin (TiPS) - New Dev team: Fedoracoin Foundation  (Read 79532 times)
psycodad
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June 25, 2016, 01:22:24 PM
 #241

I'll contribute .1 btc as long as the coin stays scrypt/pow

Smiley

and I could get the coin listed on Alcurex.com

perhaps we start a new block chain - with all coins in circulation made worthless.

The only viable defence that we have on the table is adding POS (additional to POW) right now. If somebody knows which part of i.e. the latest litecoin source could help defend against this attack, please tell us. If we do not now what that fix is, it is pointless to update the sources just to find out that TIPS is still vulnerable to the same attack. So if you know about a check or function in i.e. latest litecoin or bitcoin sources that can effectively battle this attack, please let us know!
Elsewise POW/POS is the solution on the table right now that certainly would make the attack harder.


I think update codebase and change the difficulty algo will solve the problem, no need to switch to pow/pos

I agree. Making a POS coin will put it in the line of 100's of other POS coins. Also, doing a swap is a mess.

We are talking about POW/POS hybrid, also the POS rewards could be rather low compared to the POW rewards. It is all about the network of honest miners (and stakers) being able to produce a longer valid chain than the attacker in the hidden can. I agree with you that most coins going POS dwindle in value. But given the POS reward is relatively small and the POW reward much higher, it might make a difference. Also the current attack could drive the price down in the long run way more than POS could ever be able to.

Whatever will be done, I would strongly suggest to go for static block rewards with a regular halving, i.e. 40k, halving annually, the POS reward could be 1/8 of the POW reward, just to throw up some figures. The unpredictable total supply is a PITA.

The diff algo is fine IMHO, it deals perfectly fine with multipools jumping on and off but I am open to hear which diff algo would change what exactly with regards to the current situation.

As it looks we now have the following commitments:
psycodad: 0.05BTC
cryptoid: 0.05BTC
smarterhash: 0.1BTC

I think the donators should be able to vote for things like reward structure, halving etc. proportional to their donation. Does that sound fair? (Not that it really matters as I think we will never come close to 1BTC)

Protestatio facto contraria non valet.
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mrbodz
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June 25, 2016, 01:29:21 PM
 #242

I'll make a deal. Since TIPS is being attacked. I will start work on the coin today, with 0.2 BTC downpayment. and the rest can be paid once the job is done. I should have an upgraded source in the coming week. (maybe later today if i make a good amount of progress)

Ahmed
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June 25, 2016, 02:03:45 PM
 #243


The only question and problem is why this person who are robbing the network after 10 days still doing that.
So why Dev still didn't stopped him ? and why Bter still accepting his stolen coins ?

There is NO dev per say, only 1) original team and 2) some individuals attempting to take over the coin for their own purposes.  Only "someone" with an "altered" wallet and some serious hash power could be disrupting the chain like has been happening.  Any names come to mind???

Anyone who has any interest in keeping this coin from being taken over by a single entity, and we all know who that is, should only be using the official 1.1.0.0 wallet.  I also suggest we rely less on the "larger" exchange and use the smaller exchanges.

P.S. To get things started, I'll pledge 1,000,000 TiPS and 2 LTC to the original "dev" team for programmer(s) who contribute to a real wallet update that includes some features that strengthen the security of the coin.  Psychodad, give me a wallet address(s), and I'll deposit them today. (to be returned if the wallet isn't updated   Smiley  )

Cryptoid, I appreciate your trust, thank you.
OK, so lets try to get something rolling. I have talked to a reputable dev* (ahmed) and he estimated the cost for forking the source to a POW/POS hardfork to 1 BTC. While this sounds a lot at current BTC rate, I mind you folks, everybody willing to do it reliably and supporting the community during the hardfork should stand up now and post his offer, else please do not argue about the price. 

I have asked the current dev-team around testbug what they think about it and I would like to ask here if this is an amount you guys think we could collect to pay ahmed for his work.

If you all think this should be done and i.e. 20 users are willing to donate 0.05 BTC to the cause we could get this done and defeat the malicious "Mallory" in this game.

Please note: I have no personal interest in this despite my love for TIPS as stated before, I will get no kickbacks from ahmed and if the community desires that I manage this fund collection I will manage this in the most transparent way possible (publishing all tx's etc.). I am more than happy though if another reputable member comes up for this task but I am ready to do it if the community wishes so.

As a little reward for those donating, I propose to mention everybody who donates (and wishes so) in the about dialog of the new wallet.

Please voice your opinions and if you want to donate, commit yourself to an amount. I'll make a start by committing myself to said 0.05BTC.

* In this place when people talk about a dev they mean a community a manager, I'd say that is testbug here. In my posting I mean a dev in an original sense, like a seasoned c/c++ developer.

I think update same as feather coin ,Keep pow and add check point ,It is fine,It will safe for tips.Can you find Dev? I would danate if tips do not change to POS
Bter instigate miner  do the attack,If we can update from block 12900000,The miner and bter will lost tips.

The good news is: You don't need a dev to add checkpoints to TIPS, if you look at the source you will see how easy that is.
The bad news is: Checkpoints do not help the slightest. Please read about selfish mining to understand the problem.

If you want a src with newer and more checkpoints, I'll be happy to push my src tree to github. It really syncs faster and the getchainvalue call stops to be a cpu-hog. But that's all about it. Or why do you think a checkpoint in the past can avoid a fork in the future?
I think add check point,change the difficulty algo,It is enough for tips
Check point may protect exchange,If deposite confirm numbers higher than check point  interval numbers,The deposite will not confirm.If attacker do not mined 2 check points block,Block will orphan.Otherwise if you check pool ,When many blocks mined,The attacker calculate hashrate and start mining(attack),Made all blocks orphan,Add check point,If he want get all blocks,he had to always mining,It is not attack.
Change the difficulty algo,Can increase attack cost.

 
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June 25, 2016, 02:08:30 PM
 #244

At the moment i've started on upgrading TIPS to Bitcoin Master with Scrypt

Ahmed
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June 25, 2016, 03:07:15 PM
 #245

I'll make a deal. Since TIPS is being attacked. I will start work on the coin today, with 0.2 BTC downpayment. and the rest can be paid once the job is done. I should have an upgraded source in the coming week. (maybe later today if i make a good amount of progress)

Ahmed

Ahmed,
Very appreciated, the only problem, we can't guarantee the other .8 BTC if not enough people contribute.

Psycodad,
Could you publish an address where we can start depositing BTC?

All,
As for what updates go into the new wallet, I only suggest a minimum of two:
1) Keep Scrypt
2) added security... by whatever means does the job

If better security is obtained by adding a hybrid POS/POW (with minimal POS) then so be it.  I don't even know what a current block is worth because I don't mine it (maybe I should start Smiley), but I would vote to keep the POW reward as is, or tweak it only if there is a significant outcry to change it.
 
mrbodz
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June 25, 2016, 03:16:42 PM
 #246

I'll make a deal. Since TIPS is being attacked. I will start work on the coin today, with 0.2 BTC downpayment. and the rest can be paid once the job is done. I should have an upgraded source in the coming week. (maybe later today if i make a good amount of progress)

Ahmed

Ahmed,
Very appreciated, the only problem, we can't guarantee the other .8 BTC if not enough people contribute.

Psycodad,
Could you publish an address where we can start depositing BTC?

All,
As for what updates go into the new wallet, I only suggest a minimum of two:
1) Keep Scrypt
2) added security... by whatever means does the job

If better security is obtained by adding a hybrid POS/POW (with minimal POS) then so be it.  I don't even know what a current block is worth because I don't mine it (maybe I should start Smiley), but I would vote to keep the POW reward as is, or tweak it only if there is a significant outcry to change it.
 

I've instead changed to latest LTC due to problems integrating scrypt into bitcoin master.
I'l be keeping Scrypt, i can look into adding automated checkpointing too

I do know the 0.8 BTC isnt guaranteed, I'm willing to wait till its raised if it does but i'll release the source as soon as im done. Main reason for me asking so little is im in a tough spot atm so anything helps

Ahmed
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June 25, 2016, 04:14:42 PM
 #247

I'll make a deal. Since TIPS is being attacked. I will start work on the coin today, with 0.2 BTC downpayment. and the rest can be paid once the job is done. I should have an upgraded source in the coming week. (maybe later today if i make a good amount of progress)

Ahmed

Ahmed,
Very appreciated, the only problem, we can't guarantee the other .8 BTC if not enough people contribute.

Psycodad,
Could you publish an address where we can start depositing BTC?

All,
As for what updates go into the new wallet, I only suggest a minimum of two:
1) Keep Scrypt
2) added security... by whatever means does the job

If better security is obtained by adding a hybrid POS/POW (with minimal POS) then so be it.  I don't even know what a current block is worth because I don't mine it (maybe I should start Smiley), but I would vote to keep the POW reward as is, or tweak it only if there is a significant outcry to change it.
 
If POS/POW,wallet will bloaed,More pos transactions will add to blockchain,Sometimes it is little hard to run pow/pos wallet.Otherwise pos ,The top 100 owners is risk
psycodad
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June 25, 2016, 05:49:56 PM
 #248

I'll make a deal. Since TIPS is being attacked. I will start work on the coin today, with 0.2 BTC downpayment. and the rest can be paid once the job is done. I should have an upgraded source in the coming week. (maybe later today if i make a good amount of progress)

Ahmed

Ahmed,
Very appreciated, the only problem, we can't guarantee the other .8 BTC if not enough people contribute.

Psycodad,
Could you publish an address where we can start depositing BTC?

All,
As for what updates go into the new wallet, I only suggest a minimum of two:
1) Keep Scrypt
2) added security... by whatever means does the job

If better security is obtained by adding a hybrid POS/POW (with minimal POS) then so be it.  I don't even know what a current block is worth because I don't mine it (maybe I should start Smiley), but I would vote to keep the POW reward as is, or tweak it only if there is a significant outcry to change it.
 

I've instead changed to latest LTC due to problems integrating scrypt into bitcoin master.
I'l be keeping Scrypt, i can look into adding automated checkpointing too

I do know the 0.8 BTC isnt guaranteed, I'm willing to wait till its raised if it does but i'll release the source as soon as im done. Main reason for me asking so little is im in a tough spot atm so anything helps

Ahmed

Thanks for coming to rescue Ahmed, I do much appreciate your offer.

Here is the address for donations:
Code:
1HTLMrER8ZE2C1zoPiBJ8FwiJqPyzpA9LS

If you send a donation post your txid here. I'll confirm it with an updated donator list.

I really hope we hear now from the many TIPS users that posted in the past asking for a wallet update. Please let us show Ahmed our appreciation for what he does!

Protestatio facto contraria non valet.
mrbodz
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June 25, 2016, 07:06:45 PM
 #249

Got the first copy of the new TIPS daemon running, only on block 86 just now, with only one node. But will update here as it proceeds further
Cryptoid
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June 25, 2016, 07:44:26 PM
 #250

TxId: 788493e91b31f89173c33cb721502ad7460fc9879e1947c579e76cfe0f4e308c
TxId: 603f74217a21ed5af526aa4a94cae8a3f1492caa0f89c36d28296e8466ce2734

Total: .0506 BTC

What else can be done to harden TiPS against attack?  I'm not stuck on POS/POW, but we need to do something...
mrbodz
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June 25, 2016, 08:37:43 PM
 #251

Looking like the daemon will sync the full chain.

Managed to get the first hard fork. block 51K now,
mrbodz
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June 25, 2016, 11:41:32 PM
 #252

Syncing through both existing hard forks successful.

[
    {
        "height" : 76383,
        "hash" : "3c10a7a54846429145c63e4de23dd3f3e25a483cb07ec8f27674ebff77450795",
        "branchlen" : 75407,
        "status" : "headers-only"
    },
    {
        "height" : 976,
        "hash" : "468ed6fb83178dc7f80d57c22a7c31c9c5335ce91768cbbb710930c22e4ead2f",
        "branchlen" : 0,
        "status" : "active"
    }
]

Once it completes, i will begin to (attempt) to add in automated checkpointing and prepare for fork number 3

Ahmed
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June 26, 2016, 01:21:32 AM
 #253

This is exciting.  I will donate to this.  And I will post the txid after I donate

     Can someone tell me is this coin starting over?  Or is it picking up where it left off?

     Can I mine it?  How many total coins will there be?

     Will the old fedoras be canceled?  Thanks

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Cryptoid
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June 26, 2016, 01:41:47 AM
 #254

This is exciting.  I will donate to this.  And I will post the txid after I donate

     Can someone tell me is this coin starting over?  Or is it picking up where it left off?

     Can I mine it?  How many total coins will there be?

     Will the old fedoras be canceled?  Thanks

Wallet update/fork.  The algo to mine is Scrypt.  No, old TiPS won't be discarded/burned. 
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June 26, 2016, 02:01:49 AM
 #255

4b12b1e8405f06531fc8c444707ece143dc3ae5a4e877bcdc3f8673c0952c89a
0.0504 BTC
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June 26, 2016, 06:37:45 AM
 #256

Hello Everyone..

I was mining tips exclusively before the latest drama.  I have 1.6Ghash scrypt.

Anyway I will donate (0.05 btc right?), but it might be a day or so before I can send the coin.  I'm in the middle of a move and thoroughly broke atm.



So, my wallet v1.1 syncs up fine.  we will be getting a new wallet and thats it as far as the changes from my point of view, right? ?
mrbodz
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June 26, 2016, 10:06:24 AM
 #257

Yup just a new wallet.
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June 26, 2016, 10:54:00 AM
 #258

Thank you cryptoid and myc006, your donations have been received. Together with my 0.05 we are currently at
0.151 BTC raised.

Protestatio facto contraria non valet.
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June 26, 2016, 01:19:40 PM
 #259

Managed to compile the new code with ACP built in, Will now test it and give you guys an update to see where we are at
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June 26, 2016, 01:26:35 PM
 #260

https://github.com/fedoracoin-dev/fedoracoin

Here is the github for the new source code with my progress so far

Ahmed
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