cryptocornerfm
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October 17, 2019, 01:32:31 PM |
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Nothing/nobody enabled the 51% attack on NewYorkCoin, anyone with the know-how could go drop a couple hundred bucks to rent some Scrypt hash rate right now and take over the entire network for 6-8 hours, double spend to their hearts content and nobody could do a damn thing about it except try to rent as much if not more hash to prevent it, that's one of the weaknesses of POW. The only thing that "enabled" the attack to happen is the fact that NewYorkCoin is Proof-of-Work, nothing else. The only thing that will decrease the likelihood of it happening again is to get NewYorkCoin on as many multi-pools as possible to really ramp up the hash rate so that it then becomes too expensive to rent enough hash rate to successfully attack the network. The hacker that likely attacked the network announced on Twitter the same week of the attack on NewYorkCoin, that he was going to be 51% attacking a bunch of low cap POW coins over the course of that week just for fun. NewYorkCoin was likely one of those coins, as there aren't many other beauties like NewYorkCoin out there that match the description of his targets.
Not only is NewYorkCoin lacking in the Pool department, it's lacking in the Exhange department, which makes the former extremely difficult to take care off, especially when there isn't really a ton of people dedicating any time/money to take care of those two issues. When we had Yobit, liquidity for the multi-pools wasn't really a problem, but since that exchange was likely founded and is likely currently operated by two stuffed animals, we can kiss that liquidity and those pairings goodbye.
Even after we spend >500M NYC to take care of Dev Bounties, the coin may have a bunch of pretty features, making it even easier to use, but that doesn't mean shit if the network isn't protected with enough hash rate to prevent >51% of the network from being hijacked. This is why one of the bounties involves launching a community operated merged mining pool for NewYorkCoin that can provide a back bone in the case of a multi-pool that NYC is mined on going offline or removing NYC from their pool.
I'll put it like this, we know what the war plan is, we just don't have the funding or soldiers necessary to implement that plan in as timely of a manner as we'd like to. Here's to hoping the enemy doesn't go on the offensive while we batten down the hatches.
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Kasan0024
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October 17, 2019, 10:07:14 PM |
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Nothing/nobody enabled the 51% attack on NewYorkCoin, anyone with the know-how could go drop a couple hundred bucks to rent some Scrypt hash rate right now and take over the entire network for 6-8 hours, double spend to their hearts content and nobody could do a damn thing about it except try to rent as much if not more hash to prevent it, that's one of the weaknesses of POW. The only thing that "enabled" the attack to happen is the fact that NewYorkCoin is Proof-of-Work, nothing else. The only thing that will decrease the likelihood of it happening again is to get NewYorkCoin on as many multi-pools as possible to really ramp up the hash rate so that it then becomes too expensive to rent enough hash rate to successfully attack the network. The hacker that likely attacked the network announced on Twitter the same week of the attack on NewYorkCoin, that he was going to be 51% attacking a bunch of low cap POW coins over the course of that week just for fun. NewYorkCoin was likely one of those coins, as there aren't many other beauties like NewYorkCoin out there that match the description of his targets.
Not only is NewYorkCoin lacking in the Pool department, it's lacking in the Exhange department, which makes the former extremely difficult to take care off, especially when there isn't really a ton of people dedicating any time/money to take care of those two issues. When we had Yobit, liquidity for the multi-pools wasn't really a problem, but since that exchange was likely founded and is likely currently operated by two stuffed animals, we can kiss that liquidity and those pairings goodbye.
Even after we spend >500M NYC to take care of Dev Bounties, the coin may have a bunch of pretty features, making it even easier to use, but that doesn't mean shit if the network isn't protected with enough hash rate to prevent >51% of the network from being hijacked. This is why one of the bounties involves launching a community operated merged mining pool for NewYorkCoin that can provide a back bone in the case of a multi-pool that NYC is mined on going offline or removing NYC from their pool.
I'll put it like this, we know what the war plan is, we just don't have the funding or soldiers necessary to implement that plan in as timely of a manner as we'd like to. Here's to hoping the enemy doesn't go on the offensive while we batten down the hatches.
👌 very informative! |
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moonshot9900
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Activity: 91
Merit: 8
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October 19, 2019, 01:33:09 AM |
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Mysteriously all of the agitator monikers have VANISHED at exactly the same time. Hopefully they "all" didn't have to sell their modems and cell phones to COVER those MARGIN CALLS...  Let us know you're ok guys, we're all getting worried that you may have pulled the plug. Kasan0024 cryptocornerfm moonshot9900 jamesburrell2 Are you feeling ok, buddy? Doing alright, pal? Been busy with the day job, but I'm still around and I'm still your Huckleberry  |
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moonshot9900
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Activity: 91
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October 19, 2019, 01:46:09 AM |
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P.S. Next time try not to wait until 5 days after implementation to finally announce your BIG "Community" accomplishment. It looks a little suspect. Some people are just smart enough not to go off half-cocked, like saying Yobit was opening in 2-4 days then having to wait weeks for any activity, at least Yobit did finally open, for a week or two, before shutting back down, unlike that train wreck, CoinSleazy. If you were paying attention, ZergPool actually delisted NYC within a week but thanks to the efforts of FlexHit (and other community members) NYC has once again been added to the merge-mined coins at ZergPool. Thanks PinPin, you rock! FYI, all the ZergPool activity was reported in realtime in the NYC Discord and Telegram channels. |
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moonshot9900
Jr. Member
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Activity: 91
Merit: 8
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October 19, 2019, 01:58:36 AM |
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Nothing/nobody enabled the 51% attack on NewYorkCoin, anyone with the know-how could go drop a couple hundred bucks to rent some Scrypt hash rate right now and take over the entire network for 6-8 hours, double spend to their hearts content and nobody could do a damn thing about it except try to rent as much if not more hash to prevent it, that's one of the weaknesses of POW. The only thing that "enabled" the attack to happen is the fact that NewYorkCoin is Proof-of-Work, nothing else. The only thing that will decrease the likelihood of it happening again is to get NewYorkCoin on as many multi-pools as possible to really ramp up the hash rate so that it then becomes too expensive to rent enough hash rate to successfully attack the network. The hacker that likely attacked the network announced on Twitter the same week of the attack on NewYorkCoin, that he was going to be 51% attacking a bunch of low cap POW coins over the course of that week just for fun. NewYorkCoin was likely one of those coins, as there aren't many other beauties like NewYorkCoin out there that match the description of his targets.
Not only is NewYorkCoin lacking in the Pool department, it's lacking in the Exhange department, which makes the former extremely difficult to take care off, especially when there isn't really a ton of people dedicating any time/money to take care of those two issues. When we had Yobit, liquidity for the multi-pools wasn't really a problem, but since that exchange was likely founded and is likely currently operated by two stuffed animals, we can kiss that liquidity and those pairings goodbye.
Even after we spend >500M NYC to take care of Dev Bounties, the coin may have a bunch of pretty features, making it even easier to use, but that doesn't mean shit if the network isn't protected with enough hash rate to prevent >51% of the network from being hijacked. This is why one of the bounties involves launching a community operated merged mining pool for NewYorkCoin that can provide a back bone in the case of a multi-pool that NYC is mined on going offline or removing NYC from their pool.
I'll put it like this, we know what the war plan is, we just don't have the funding or soldiers necessary to implement that plan in as timely of a manner as we'd like to. Here's to hoping the enemy doesn't go on the offensive while we batten down the hatches.
^ This is pretty accurate, but the community did, in-fact, foil a potential 51% attack by monitoring the network and alerting the attack vector(exchange) before the funds could be weaponized. That would not be possible with Yobit, because the "stuffed animals" at Yobit just don't care. Yobit will simply pass the loss onto customers. |
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moonshot9900
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October 19, 2019, 02:01:24 AM |
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So not only does nobody follow or give a single shit about this thread, they don't follow or give a single shit about his Twitter, which is supposed to be the "main" Twitter account. It has nearly 7,000 followers, and his latest Tweet has 5 likes  likely because I got a large portion of his active followers to follow the real account where the real news come from, and mute his account. Not true I frequently link to this thread so others can get a chuckle out of Chucklehead. |
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scryptenthusiast (OP)
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October 21, 2019, 06:53:57 AM |
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NYC DEVS are now closely monitoring network so we're protected. Lost Yobit (and liquidity) thanks to hardfork. But gained ability to add BIG HASHRATE due to merge mining. Just hasn't quite happened yet.
NYC specs are too good to lose. So we all wait a little while longer for our lambo's. We'll get there. Someday. Cool ticker, too. The one and only NYC.
THE EARLIEST FREE & LIGHTNING-FAST CRYPTO IN EXISTENCE!
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OFFICIAL NEW YORK COIN (NYC) Retail Crypto. No Fee Layer 1 Blockchain Since 2014.
EARLIEST LIGHTNING-FAST, NO FEE PAYMENTS CRYPTO IN EXISTENCE nycoin.net | newyorkcoin.net
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moonshot9900
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October 21, 2019, 01:59:06 PM |
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Lost Yobit (and liquidity) thanks to hardfork.
Yobit is gone because Yobit failed to take measures to protect their customers. There was six months of lead time and continuous warnings from the DEVs not to keep funds on ANY exchange during a hardfork. Anyone who lost funds has only themselves to blame. To be precise, anyone who left large amounts of funds on Yobit during the fork, when they were explicitly warned of how dangerously vulnerable to 51% attacks low-hashrate coins like the OLD NYC are, facilitated the attack by providing a fat juicy target. Hopefully they are the wiser for that lesson, but probably not based on the moronic comments like the one quoted above. |
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placebo1977
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October 22, 2019, 02:12:02 AM |
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I have been speaking to Yobit. We can get NYC wallet opened again, but the cost is 0.20 BTC.
If any NYC holders want me to organize this, please PM me.
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cryptocornerfm
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October 22, 2019, 04:40:22 AM |
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I have been speaking to Yobit. We can get NYC wallet opened again, but the cost is 0.20 BTC.
If any NYC holders want me to organize this, please PM me.
Likely a scam, please ignore. |
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JORKpr
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October 29, 2019, 08:20:52 AM |
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Good news for NYC!The official pool has been updated and works fine again - http://nyc.mypool.club/
Optimized computing resources for each miner. From weak processors to mining farms.
Welcome to NYC.MYPOOL.CLUB!
a) Official! It works from the beginning of the base of the coin. See the story from 2014.
b) No FEE! It works only on voluntary donations.
c) Automatic adjustment of difficulty for each miner worker. Maximum performance for both weak and powerful equipment.
d) Protection against DDOS attacks
e) Reliability.
Maximum profit with stability on the official pool http://nyc.mypool.club/
P.S. We ask the active members of our community to post this good news item on websites and social networks.
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Kasan0024
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October 29, 2019, 12:53:17 PM |
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Why is that dumbass .net bullshit website still promoting yobit to buy nyc, it’s like Charlie purposely trying to get people to buy nyc there so they can’t withdraw 🤔, then this guy wants to claim he’s the king! Again misinforming people. For crying out loud CK put some type of disclaimer next to it to warn users of the risk with buying on yobit since u seem to can’t hop off yobits nuts , what’s the true story behind you and Yobit? Y’all fu*kin? You got ur bag frozen on there or something?u trying to get others money and let them get stuck holding a frozen bag while u get their ltc btc and others out with no problem? 👀 |
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Kasan0024
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October 29, 2019, 12:55:46 PM |
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I have been speaking to Yobit. We can get NYC wallet opened again, but the cost is 0.20 BTC.
If any NYC holders want me to organize this, please PM me.
Def scam! |
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Kasan0024
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October 29, 2019, 01:01:13 PM |
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NYC DEVS are now closely monitoring network so we're protected. Lost Yobit (and liquidity) thanks to hardfork. But gained ability to add BIG HASHRATE due to merge mining. Just hasn't quite happened yet.
NYC specs are too good to lose. So we all wait a little while longer for our lambo's. We'll get there. Someday. Cool ticker, too. The one and only NYC.
THE EARLIEST FREE & LIGHTNING-FAST CRYPTO IN EXISTENCE!
Lmao 😂 I thought you were the reason for nyc bull run in the past, if this is true stop acting like a jealous ex for yobit why don’t you try getting that volume we lost on yobit back over to exrates or graviex? Makes 1 wonder if it was youR doing or yobit that pumped nyc, Yobit is a SCAM EXCHANGE yet still you are promoting users looking at your website to buy from them. Lol go in ur corner with that bs, you want to blame a fork for the loss of yobit and liquidity? You really want to blame security for that? 😩😆 |
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JORKpr
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October 31, 2019, 06:49:27 AM |
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 More good news. In addition to inviting to the updated pool - http://nyc.mypool.club/
We have added a new external node for connecting wallets:
>>>>>> 46.36.217.248:9999
Comrades! Spread this information on official sites and social networks please.
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JORKpr
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November 02, 2019, 04:47:12 AM
Last edit: November 02, 2019, 07:26:29 AM by JORKpr |
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And why did the coin complexity drop?
Only do we see?
733.53312990
Difficulty
Miners have been invited to a stable official pool since 2014 with automatic calculation of complexity for each specific person (device).
The main thing is without FEE.
No, of course donations are welcome, but only voluntarily.
The second main thing is a stable official pool.
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JORKpr
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November 02, 2019, 11:02:05 AM |
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 👍If you look at the current situation with a mathematical bias and (obscene word) by maxi pools, you can realize the direct dependence of the stability of the blockchain of a coin on them. He expressed himself simply. It is intelligible for those who understand and see current events. Current difficulty 628.83899026
And some say that you do not need the old stable pool http://nyc.mypool.club/index.php
We have saved dozens of times and will save a coin. Well, the community should also at least pool PR http://nyc.mypool.club/ and mining on it to help. Now!
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scryptenthusiast (OP)
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November 02, 2019, 05:25:12 PM |
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I will post new pool info on .net website and social. Good to see more decentralized support for NYC.
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OFFICIAL NEW YORK COIN (NYC) Retail Crypto. No Fee Layer 1 Blockchain Since 2014.
EARLIEST LIGHTNING-FAST, NO FEE PAYMENTS CRYPTO IN EXISTENCE nycoin.net | newyorkcoin.net
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JORKpr
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November 02, 2019, 07:17:35 PM |
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Thanks scryptenthusiast!
And thanks from the NYC community!
If everyone here and interested in the growth of the development of the coin will publish the good news as an information occasion, then victory is inevitable.
Then we’ll do more and you will become rich, despite the minimum of a minimum of efforts.
Since 2014, we all have been trying and doing.
So, the invitation of miners to the updated pool http://nyc.mypool.club
and a new node.
A) Our new new + 46.36.217.248:9999
B) The official pool with automatic determination of the level of difficulty for each worker (miner) without FEE http://nyc.mypool.club
P.S. I suggest at least here to publish a list of current nodes and instructions for adding to your wallets.
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