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Author Topic: Spam Terracoin?  (Read 6715 times)
VforVictory
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April 13, 2013, 01:09:48 AM
 #21

Is this why the price of TRC has plummeted, and why I can't seem to withdraw TRC from BTC-e? O_o

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April 13, 2013, 01:10:11 AM
 #22

People are still trading it on the exchanges. Obviously, this is causing the price to drop. I wonder what it'll be worth in a few days time Huh

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April 13, 2013, 01:10:47 AM
 #23


As ingenious and protective the PPC coin difficulty algo is, how about when 5,10,20 ASIC's fire up against it.


I would have thought, the more ASICs there are the better. I thought the whole problem was a single ASIC has the majority of the computational power. But if there 10 ASICs that wouldn't be the case. So ironically a mass of ASICs is a better situation than a solitary ASIC with a dominating computational stake. Is that right or wrong..?

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April 13, 2013, 01:35:11 AM
 #24

I can confirm that the email was terracoin dev's, I have communicated with him before on that email.

Surely it's easy to spoof an email by SMTP, the header file would provide better info. Did you interrogate that?

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April 13, 2013, 01:36:28 AM
 #25


As ingenious and protective the PPC coin difficulty algo is, how about when 5,10,20 ASIC's fire up against it.


I would have thought, the more ASICs there are the better. I thought the whole problem was a single ASIC has the majority of the computational power. But if there 10 ASICs that wouldn't be the case. So ironically a mass of ASICs is a better situation than a solitary ASIC with a dominating computational stake. Is that right or wrong..?

If their intention is to mine as intended and not manipulate the chain.

We are seeing hostile intent at such an early stage. How many units has Avalion shipped?

One person is already demonstrating this level of malice towards the alt-coin community. Imagine it, he/she has one of the very,very few ASIC's. Even after the BTC crash over the last couple of days, BTC is back hovering around  $100. Blocks are worth $2500.......Yet he/she would rather destroy an alt-chain.

What will happen when ASIC's are freely shipping? I am sure there are those out there that would use an ASIC(s) to help strengthen an alt-coin network. But, take a good look at the hardcore BTC community and tell me who you think the majority of ASIC holders will be, and what intentions for alt-coins they might have.
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April 13, 2013, 01:41:11 AM
 #26

I'd mine TRC once my BFL ASIC gets here... but knowing what they've been so far, if TRC was to die it would happen long before I ever get it  Angry

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April 13, 2013, 01:50:22 AM
 #27

I agree with dreamwatcher that it's rather premature and weak to quit at this moment.

By all means terracoin hasn't even tried ppc's adjustment yet. ppcoin itself should be pretty safe from this because of proof-of-stake protection. As for a pure proof-of-work implementation, I think even with some ASIC miner exploiting it, at worst it could probably extend the block spacing from 2 minute to maybe 20 minutes sometimes. Given a reasonably long averaging window it shouldn't be all that intolerable.

The problem is DEV for terracoin is so taciturn...

the comments are all gone from git hub, but all the code remains last time I checked...

something is realllly of here....

I note that Crazy Rabbit mentioned having and Asic at some...stage...and that he could consider using it on the TRC chain (in support of the chain I inferred).

Crazy Rabbit can you clear this up?Huh?

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April 13, 2013, 02:27:57 AM
 #28

The problem is the difficulty adjustment algorithm is exploitable, and that's what someone is doing.

Buy & Hold
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April 13, 2013, 02:41:48 AM
 #29

The problem is the difficulty adjustment algorithm is exploitable, and that's what someone is doing.



....something else is going on as well



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April 13, 2013, 02:44:21 AM
 #30

I don't buy it.  Here's the post on the terracoin.org website:

Quote
Terracoin 0.1.3-33 is now available ; this will be mandatory at block 104290.

Quote from terracoin-announce mailing list:
terracoin build 0.1.3-33 is now available for download at our github & sourceforge repositories, windows binary builds were just uploaded to sourceforge.

this build addresses some issues in the difficulty targetting algorithm, currently caused by heavy-armed miners controlling higher hashing power than the network itself ; it will be mandatory on block 104290.

This build will also remove the real low difficulty values recently seen on the network, following one of those hashing bursts.

Download links: windows: terracoin-0.1.3-33-win32.zip
source: github.com
Pool operators and exchange services were informed of this update by email.
Apr 12 2013.

The devs have got to be tired of screwing with this issue, but they are constantly releasing new updates to fix it.

I think it's just more garbage to try to lower the value of the coins so people can continue to pick up cheap ones. 

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
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April 13, 2013, 02:51:17 AM
 #31

the comments are down (hacked/removed)


https://github.com/terracoin/terracoin/issues/33#issuecomment-16309890

but the

https://github.com/terracoin/terracoin/

is still there?Huh

also sent a 10 coin transfer test between accounts

nothing happened.

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April 13, 2013, 03:01:23 AM
 #32

the comments are down (hacked/removed)


https://github.com/terracoin/terracoin/issues/33#issuecomment-16309890

but the

https://github.com/terracoin/terracoin/

is still there?Huh

also sent a 10 coin transfer test between accounts

nothing happened.

It appears the developers deleted the repository, and recreated the repository, uploading the newest code.

As for the other issue.....could you please compare the block height in your client to the block height in cryptocoinexplorer. If they match could you check to make sure the hash and other info match, and get back to me. Either here or through PM.

I would really appreciate it.   Smiley


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April 13, 2013, 03:04:17 AM
 #33

I just did a test.  Transferred a TRC from one of my rigs to the other.  It worked perfectly.  Chain is completely updated.  Not sure what your problem is jubalix. 

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
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April 13, 2013, 03:18:03 AM
 #34

I just did a test.  Transferred a TRC from one of my rigs to the other.  It worked perfectly.  Chain is completely updated.  Not sure what your problem is jubalix. 

I just sent 10 trc from my VIRCUREX to my BTCe address and

nothing happened

ie the money went out of my VIRCUREX but did not turn up in my BTCe

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April 13, 2013, 03:21:25 AM
 #35

I just did a test.  Transferred a TRC from one of my rigs to the other.  It worked perfectly.  Chain is completely updated.  Not sure what your problem is jubalix.  

I just sent 10 trc from my VIRCUREX to my BTCe address and

nothing happened

ie the money went out of my VIRCUREX but did not turn up in my BTCe

Are you sure you're on the "right" chain?  Last night I was playing around with another rig, and somehow I found myself on a different chain.  Kind of what crazy rabbit was talking about earlier today.  Difficulty was 1.0 and I was mining a block every few seconds it seemed like.  Just to see what would happen I tried to transfer these coins to my real wallet.  The coins left the rig on the bad chain, but obviously never appeared on the good chain.  

Go to Help -> Debug Window -> and type "getmininginfo"

Tell me what difficulty you see.

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
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April 13, 2013, 03:22:47 AM
 #36

I just did a test.  Transferred a TRC from one of my rigs to the other.  It worked perfectly.  Chain is completely updated.  Not sure what your problem is jubalix. 

I just sent 10 trc from my VIRCUREX to my BTCe address and

nothing happened

ie the money went out of my VIRCUREX but did not turn up in my BTCe

I make a deposit on BTC-E and they don’t accredit my TRC to my account, I make a complaint and I’m waiting for his response.

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April 13, 2013, 03:26:11 AM
 #37

I am running version 33 and here is what I see atm:

getmininginfo

{
"blocks" : 104011,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 28011.93394381,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}

I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.

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April 13, 2013, 03:26:23 AM
 #38

It potentially false emails like the one quoted that highlight the need for more direct communication from a developer.
Use PGP + Tor and only visit the forums once a month if you must Smiley

Its our opinion this email is a steaming pile of bullshit with stink lines wafting up and flies buzzing around it.

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April 13, 2013, 03:27:14 AM
 #39

It potentially false emails like the one quoted that highlight the need for more direct communication from a developer.
Use PGP + Tor and only visit the forums once a month if you must Smiley

Its our opinion this email is a steaming pile of bullshit with stink lines wafting up and flies buzzing around it.

+1 to both statements. 

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
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April 13, 2013, 03:27:53 AM
 #40

I am running version 33 and here is what I see atm:

getmininginfo

{
"blocks" : 104011,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 28011.93394381,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}


Looks good. 

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC
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