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Author Topic: Terracoin is not dead. AKA: I always said fast diff adjust was good.  (Read 1323 times)
crazy_rabbit (OP)
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April 06, 2013, 01:37:17 AM
 #1

No, Terracoin is not dead. Right now it's *crazy* slow which was due to an upgrade where the way the difficulty was calculated was changed so that it didn't fluctuate so rapidly. Some thought this idea was good (I didn't personally- I think fast difficulty adjustments are the way to go) and it was changed.

Well now of course we see the result of that- we're stuck waiting around for an insanely high difficulty to drop. Not so genius after all.

What we need is to fix the difficulty adjustment so we prevent the exploit Sunny King pointed out while also preventing slowing the chain to a standstill because of having to churn through such a high difficulty.

A message has already been sent to the Dev's so we'll see how they sort it out.

In the mean time- pump and dumpers, there are still plenty of other Alt-Coins to try and make a fortune on so have at it.


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April 06, 2013, 01:40:18 AM
 #2

No, Terracoin is not dead. Right now it's *crazy* slow which was due to an upgrade where the way the difficulty was calculated was changed so that it didn't fluctuate so rapidly. Some thought this idea was good (I didn't personally- I think fast difficulty adjustments are the way to go) and it was changed.

Well now of course we see the result of that- we're stuck waiting around for an insanely high difficulty to drop. Not so genius after all.

What we need is to fix the difficulty adjustment so we prevent the exploit Sunny King pointed out while also preventing slowing the chain to a standstill because of having to churn through such a high difficulty.

A message has already been sent to the Dev's so we'll see how they sort it out.

In the mean time- pump and dumpers, there are still plenty of other Alt-Coins to try and make a fortune on so have at it.



Try and thing it though a bit more next time or stick to your guns about what you think is right....or its not going to look good

also don't release any information about an exploit even existing, only if someone else releases then you can say yeah we knew and fixed that x years ago!!!!

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crazy_rabbit (OP)
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April 06, 2013, 01:42:11 AM
 #3

No, Terracoin is not dead. Right now it's *crazy* slow which was due to an upgrade where the way the difficulty was calculated was changed so that it didn't fluctuate so rapidly. Some thought this idea was good (I didn't personally- I think fast difficulty adjustments are the way to go) and it was changed.

Well now of course we see the result of that- we're stuck waiting around for an insanely high difficulty to drop. Not so genius after all.

What we need is to fix the difficulty adjustment so we prevent the exploit Sunny King pointed out while also preventing slowing the chain to a standstill because of having to churn through such a high difficulty.

A message has already been sent to the Dev's so we'll see how they sort it out.

In the mean time- pump and dumpers, there are still plenty of other Alt-Coins to try and make a fortune on so have at it.



Try and thing it though a bit more next time or stick to your guns about what you think is right....or its not going to look good

also don't release any information about an exploit even existing, only if someone else releases then you can say yeah we knew and fixed that x years ago!!!!


Agreed. Well it's a work in progress.

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April 06, 2013, 01:44:45 AM
 #4

You find out if a coin is a winner by stress testing it, and Terracoin has crumbled.

The only unique feature of Terracoin actually breaks it. And even when the difficulty adjustment was fast people would hop on and off and exploit it.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
crazy_rabbit (OP)
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April 06, 2013, 01:45:44 AM
 #5

You find out if a coin is a winner by stress testing it, and Terracoin has crumbled.

The only unique feature of Terracoin actually breaks it. And even when the difficulty adjustment was fast people would hop on and off and exploit it.

Correction- hop on and hop off was a good thing. We just need to make it work. Nothing is perfect out of the bag, even bitcoin forked a week ago.

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April 06, 2013, 01:47:15 AM
 #6


Correction- hop on and hop off was a good thing.

I and others disagree, it was abused blatantly and you know it. That's the whole reason why it was changed in the first place.

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▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
crazy_rabbit (OP)
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April 06, 2013, 01:49:30 AM
 #7


Correction- hop on and hop off was a good thing.

I and others disagree, it was abused blatantly and you know it. That's the whole reason why it was changed in the first place.

Abused how? To give everyone a chance to mine fairly at a fair difficulty? Regardless of if they have an ASIC or a GPU or a CPU?  The reason it was changed was to fix an exploit that Sunny King point out, but we should have had it fixed to keep the fast retargeting, not eliminate it.

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Walter Rothbard
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April 06, 2013, 02:30:38 AM
 #8

I and others disagree, it was abused blatantly and you know it.

That's a subjective statement.

Walter Rothbard
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April 06, 2013, 02:39:19 AM
 #9

We are moving again, somewhat.  Block 100629 was just mined about 15 minutes ago:

http://cryptocoinexplorer.com:3750/block/0000000000005f817a510e4c2584af3f976d8c5c605385e0435d8b7ce0ce7ebf

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April 06, 2013, 02:40:07 AM
 #10

Is diff algorithm really the culprit?  I think not.

Low TRC network hashrate + concentration of ASICs hashing power =  Disaster waiting to happen.

You should feel lucky it's not a 51% attack.
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April 06, 2013, 02:47:13 AM
 #11

I'd like to point out I didn't mean to crash the network. I created a p2pool fork, and there was already a terra coin build available. I was testing different long poll values.

I could mine more, but it would make the problem last longer. I didn't expect diff to jump to near btc in a few hours.
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April 06, 2013, 02:52:24 AM
 #12

how long does anyone think until its back up?

yeah baby yeah
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