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jasonslow
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May 22, 2013, 07:54:23 PM |
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There is a very high possibility of blockchain splitting even @ 40% hashrate.
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pizza (OP)
Member
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Activity: 112
Merit: 10
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May 22, 2013, 08:02:19 PM |
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pizza (OP)
Member
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Activity: 112
Merit: 10
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May 22, 2013, 08:04:14 PM |
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This coin is doomed. If it has the possibility to split with only ~1800mh/s, what will happen if it grew to 10,000mh/s -- it would fork constantly. It's a bad design and doesn't have a developer, someone just cut/pasted it together from litecoin src. The github account was created on 14 May. It's a complete scam, milk it for what you can -- but don't invest in it.
uhh if it grew it would only become better lol
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Taxidermista
Legendary
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Activity: 1148
Merit: 1001
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May 22, 2013, 08:05:07 PM |
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That pool was over 65% best part of the day.
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TheSwede75
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May 22, 2013, 08:05:50 PM |
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His pools are realy good they work great. What he can do about price there would be someone else who will open the pool and the same thing will happen.
Take notice people. This is what happens when you comment without knowing your ass from a hole in the ground.
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JesstersDead
Full Member
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Activity: 154
Merit: 100
I forgot where I put my wallet.dat
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May 22, 2013, 08:06:01 PM |
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This coin is doomed. If it has the possibility to split with only ~1800mh/s, what will happen if it grew to 10,000mh/s -- it would fork constantly. It's a bad design and doesn't have a developer, someone just cut/pasted it together from litecoin src. The github account was created on 14 May. It's a complete scam, milk it for what you can -- but don't invest in it.
MH/S are irrelevant. The problem lies in the fact that the majority of the MH's are concentrated on a single pool. 10,000 mh/s spread across a lot of pools would be fantastic for the coin.... o_O
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Cryptsy.com - USD markets coming soon. Go validate your account now!
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TheSwede75
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May 22, 2013, 08:06:22 PM |
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Well that coins is dead for sure then.
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mr_random
Legendary
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Activity: 1344
Merit: 1001
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May 22, 2013, 08:08:16 PM |
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This coin is doomed. If it has the possibility to split with only ~1800mh/s, what will happen if it grew to 10,000mh/s -- it would fork constantly. It's a bad design and doesn't have a developer, someone just cut/pasted it together from litecoin src. The github account was created on 14 May. It's a complete scam, milk it for what you can -- but don't invest in it.
uhh if it grew it would only become better lol You don't no shit. The network hashrate size is irrelevant. It's the ditribution of the hash. It's not good for any coin to have a pool with a huge amount of hash power, but for a coin with 15 second blocks the limit should really be 30-35% max of the network hashrate. Now go back to school and leave the real talk to the adults with money.
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Kyune
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May 22, 2013, 08:12:27 PM |
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Happy wdc blockchain splitting. If this will not split now it will happen in the future. This alt coin is doomed to fail. Dont blame the pool. Blame the developer.
+1
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BTC: 1K4VpdQXQhgmTmq68rbWhybvoRcyNHKyVP
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Hydroponica
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Merit: 100
fml
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May 22, 2013, 08:18:29 PM |
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I don't think he intentionally let it get that way. His has rate has stayed relatively the same, it's the global hashrate that has fallen. Users could also recognize this, and move themselves. 2 or 3 bigger farms moving could rectify this rather quickly
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bigvern
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May 24, 2013, 04:32:48 AM |
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Hey Guys,
I was generally hoping that the hashrate would be a temporary spike and that other pools would open up or people jump to the next coin.
A 51% attack takes 2 things to happen:
1. Must have control of over 51% - which the pool did indeed have 2. Malicious intend of the person in control of that 51% - which indeed I DO NOT have.
I have never, and will never even attempt to break a chain. Period.
That being said, I certainly do have some programming to do in order to prevent the next big pool from doing this all over again.
BigVern
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Oldminer
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May 28, 2013, 11:40:12 AM Last edit: May 28, 2013, 12:06:02 PM by Oldminer |
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ANNOUNCE: 0% WDC mining fees now @ http://wdc.epools.org/Just kicked off 4 vid cards mining on this pool and so far I have 340 accepts & 2 rejects...
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6strings
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May 28, 2013, 11:41:46 AM |
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thanks for letting us know. I must say the folks behind WDC are sure on the ball. I'd have to say is the most and best supported coin out there. Glad I got in early.
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pjheinz
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Merit: 10
MEC - MFLtNSHN6GSxxP3VL8jmL786tVa9yfRS4p
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May 28, 2013, 11:48:27 AM |
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There are now several pools offering 0% fees 2 of which are aprox 500Mhash .. please move some miners out of the big pool.
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digitalindustry
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May 28, 2013, 12:09:58 PM |
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told you guys - only their own spamcoins don't get attacked , i know WDC was not a Senior BTC member development .
but it was kinda crazy with the blockchain and the yeah yeah ! ?
was it meant to be a long term thing ? Well i have no comment .
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- Twitter @Kolin_Quark
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digitalindustry
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May 28, 2013, 12:12:57 PM |
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thanks for letting us know. I must say the folks behind WDC are sure on the ball. I'd have to say is the most and best supported coin out there. Glad I got in early.
man.. they walked , can't you see that? , they moved onto Luckycoin, i made the name up FFs lol . oh well. you guys like music? Remember the Lyric "One time a thing occurred to me , what's real and what’s for sale."
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- Twitter @Kolin_Quark
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kr4x
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May 28, 2013, 12:37:45 PM |
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Big Verns service is always top notch!
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Eric Rye
Newbie
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Merit: 0
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May 28, 2013, 12:42:51 PM |
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Big Vern's pools get such high hashrates because they work properly. If you want other pools to get a decent share of the hashrate, make some that aren't shit. The dontmine.me pools were good too, but they are no more.
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