[Critical Update] Feathercoin 0.6.4 - Hard Fork at block 33,000

[erk]

It is averaged and the hashrate can be sporadic, the last day would not be a great enough sample. There is one user who turns up on a pools that makes a large difference when around.

Lets examine the last 500 blocks back to block 32300 Mon May  6 14:28:13 2013

Code:

Block	 Timestamp	Delta(secs)    Time per block(mins)

32300	1367814493		
32350	1367827487	12994          4.33
32400	1367844513	17026          5.67
32450	1367882120	37607          12.53
32500	1367942063	59943          19.98
32550	1368031928	89865          29.95
32600	1368139213	107285         35.76
32650	1368240752	101539         33.84
32700	1368345509	104757         34.91
32750	1368482631	137122         45.70
32800	1368654713	172082         57.36

There is a pretty obvious deceleration going on.

[WeTradeCoins]

Please check this BushStar, there is an error in the latest update.

https://github.com/FeatherCoin/FeatherCoin/issues/6

[erk]

Please check this BushStar, there is an error in the latest update.

https://github.com/FeatherCoin/FeatherCoin/issues/6

I have been running it on linux since it came out as the backend of a p2pool server without a hitch.

[WeTradeCoins]

Please check this BushStar, there is an error in the latest update.

https://github.com/FeatherCoin/FeatherCoin/issues/6

I have been running it on linux since it came out as the backend of a p2pool server without a hitch.

Well after we built it and loaded it it was crashing every 5 minutes and restarting.  We switched back to the old build and everything was fine.  If we wait for a block to be found could this solve the issue?

[aysyr]

I've had it updated since it came out and haven't had a problem since the upgrade. I don't know why it's acting up for you guys 

[erk]

Please check this BushStar, there is an error in the latest update.

https://github.com/FeatherCoin/FeatherCoin/issues/6

I have been running it on linux since it came out as the backend of a p2pool server without a hitch.

Well after we built it and loaded it it was crashing every 5 minutes and restarting.  We switched back to the old build and everything was fine.  If we wait for a block to be found could this solve the issue?

Build it yourself from source.

[jubalix]

Psuedo Code for alt discussion

i = 0;
do forever
{
var x = "<insert coin name here> + <flame>";
var y = "<insertcoin name here>" + i + "<is new best coin evarrrrrr give me your LTC>";

post x, y

i++;
}

[digitalindustry]

FC is traded on an exchange so unlike FC2 it should probably be taken seriously.

So Chinacoin should be taken seriously? YaCoin too?

Seriously, is that what you guys do all day? Argue? This thread is devoted to the hard fork update. Is it too much to ask to stay on topic, even here?  If you need some warm fuzzies, feel free to visit us in the official forum.  Too many central planners around here, I wish all coins the best.

"So x should be taken seriously?"

I don't know, I'm not you.  Have a great day.

+1

Dude get out of the house .

[rouf553]

It will take long time if hash rate decrease continuously. I think 32,850 was perfect.

[bushstar]

Well after we built it and loaded it it was crashing every 5 minutes and restarting.  We switched back to the old build and everything was fine.  If we wait for a block to be found could this solve the issue?

I have responded to you on GitHub.

[Magic8Ball]

177 blocks left - once we cross this barrier it should be smooth sailing.

[tytanick]

177 block * 0,5h ?
so 3 days and 16h  left until price will go 2x up ?

[erk]

177 block * 0,5h ?
so 3 days and 16h  left until price will go 2x up ?

Like I said before, the current block rate is closer to 2hr. so make that the start of June not 3.5 days unless we suddenly get a hike in hash rate.

[smoothie]

Death by further inflation of coin supply (this new fork)

OR

Death by really low hash/transfer rate (current fork)

Pick your poison. There really isn't much other options for FTC.

So basically FTC will die because you think it's crap. But then why do you folks care to pay attention for it?

Profit nothing more.

[rouf553]

177 block * 0,5h ?
so 3 days and 16h  left until price will go 2x up ?

Like I said before, the current block rate is closer to 2hr. so make that the start of June not 3.5 days unless we suddenly get a hike in hash rate.

+1

[rouf553]

I think they have to released another version with another correction. We will never be able to touch this block within 20 days.

[smoothie]

Many on here are very impatient. Expecting a few week old coin to have basically overnight success are delusional. FTC will only be a success when the support and development for it persists past at least a year from its launch.

4 weeks and Already a fork? Lolz

[justabitoftime]

Death by further inflation of coin supply (this new fork)

OR

Death by really low hash/transfer rate (current fork)

Pick your poison. There really isn't much other options for FTC.

So basically FTC will die because you think it's crap. But then why do you folks care to pay attention for it?

Profit nothing more.

Almost got it right.  As far as a profit motive, that's fantastic. As a free market guy, profit is a wonderful motivator and I'm grateful for the opportunity to participate in growing a product. What you got wrong was the 'nothing wrong' statement.

While everyone will attach to a coin for their own reasons, mine is interest in leading a community. As someone that's established in their career, I have the time/resources to work on projects I find interesting. I've had opportunities to lead grassroots campaigns in the past, I'm curious if the same 'stone soup' approach can work in the crypto community.


You are absolutely right, Feathercoin is barely a month old. I look forward to visiting with you in a year and see where we end up.  I have teams working on everything from merchants to marketing. We've grown from a few stragglers on the official forum to over 700 strong. People dedicate THEIR time because that's where they choose to put their energy.

Not everyone needs the money. I know that's an evil phrase to say these days, but it's the cold hard truth. Some of us enjoy a great project and want to work with others to achieve it.  While some look for every reason why something won't work, I try to keep my head down and continue to work.

Too many people here get the 'lolz' watching other people work. They simply want to see others fail. Instead of finding anything being done right, they will always find the opposite. Whether it's 700 or 7000 members donating time, there will always be those that will find a reason why they don't like us. That's fine, we have a community that won't be out worked.

[scurvy]

I think they have to released another version with another correction. We will never be able to touch this block within 20 days.

I agree.  At best, you'll see today's network hashrate hold up.  At worst, it will shrink by half every week as the savior miners throw in the towel.

Block 33,000 is too far out if we want to see any rebound.  It might be best to release again with a fork at 32,900.  Or even 38,500.

Carry the FTC momentum while we still have it.  It's painful to release again, I know. But waiting another 3+ weeks might kill the coin entirely. 

[6135870]

I have been mining sole FTC for the past week. Have 70 coins! LTC blows.

I got the new client. It currently shows 0 active connections to the network and out of sync, but that will be resolved when the next block is found? Should I just switch back till then?