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Author Topic: Bytecoin network losing hasing power?  (Read 2384 times)
Walter Rothbard
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April 09, 2013, 07:00:20 PM
 #1

Looking at the bytecoin block explorer:
http://blockexplorer.bytecoin.in/chain/Bytecoins

14275   2013-04-09 09:35:31
14274   2013-04-09 08:43:05
14273   2013-04-09 08:29:06
14272   2013-04-09 07:36:09
14271   2013-04-09 07:25:46
14270   2013-04-09 06:16:47
14269   2013-04-09 05:14:39

Those timestamps don't look good.

I've gotten a transaction from block 14276 (or later), but the block explorer doesn't appear to have picked it up, yet.

It looks like altcoin users are going to have to plan on providing the bulk of hashing power for their own networks.  If your chain is wildly profitable, it's a sign that your chain is vulnerable to being left high and dry when massive amounts of hashing power enter and then depart your network.

Thumbs up for thumbs up guy, and here's hoping that more hashing power ensures the continued viability of these networks.

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April 09, 2013, 07:06:14 PM
 #2

1 hour blocks shouldn't be a surprise, they dont really stop the network from functioning the way it needs to in these early days. Its not as if we are actually using these things as money, they are for speculation and as a speculator im perfectly content to wait a hour for a block.

we just need to make it past 1 more re-target and everything will be smooth sailing from there.

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