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Author Topic: WorldCoin Seen as a Threat?  (Read 2082 times)
clint25n (OP)
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May 22, 2013, 10:11:07 PM
 #1

I've never seen a single coin cause so many altcoin holder to try and attack it here on bitcointalk and in every chat window I've seen.
Sounds like everyone see's it as a threat, else they'd ignore it (like many coins they aren't currently trolling).
There's talk about LTC members planning to take a fight in the battle.
It actually says a lot about WorldCoin.
What are your thought... let the trolls commence  Cheesy
anderl
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May 22, 2013, 10:11:55 PM
 #2

ummm FTC?
pizza
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May 22, 2013, 10:17:07 PM
 #3

ummm FTC?

feather coin just copied LTC and did nothing lol
kinitex
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May 22, 2013, 10:18:32 PM
 #4

I don't see it as a threat at all. I think the hype surrounding it is because it has world in the name. Oooo la la.

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May 22, 2013, 10:18:44 PM
 #5

I've never seen a single coin cause so many altcoin holder to try and attack it here on bitcointalk and in every chat window I've seen.
Sounds like everyone see's it as a threat, else they'd ignore it (like many coins they aren't currently trolling).
There's talk about LTC members planning to take a fight in the battle.
It actually says a lot about WorldCoin.
What are your thought... let the trolls commence  Cheesy
Yeah...forked chain is all one needs to know.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
pizza
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May 22, 2013, 10:20:18 PM
 #6

I've never seen a single coin cause so many altcoin holder to try and attack it here on bitcointalk and in every chat window I've seen.
Sounds like everyone see's it as a threat, else they'd ignore it (like many coins they aren't currently trolling).
There's talk about LTC members planning to take a fight in the battle.
It actually says a lot about WorldCoin.
What are your thought... let the trolls commence  Cheesy
Yeah...forked chain is all one needs to know.

do you usually speak about things that you know nothing about so you look like an idiot?

The Main chain didn't fork only the pool forked. BITCOIN AND LTC have forked before, any coin can fork and most likely will in the beginning.
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May 22, 2013, 10:21:41 PM
 #7

I've never seen a single coin cause so many altcoin holder to try and attack it here on bitcointalk and in every chat window I've seen.
Sounds like everyone see's it as a threat, else they'd ignore it (like many coins they aren't currently trolling).
There's talk about LTC members planning to take a fight in the battle.
It actually says a lot about WorldCoin.
What are your thought... let the trolls commence  Cheesy

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Remember remember the 5th of November
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May 22, 2013, 10:22:21 PM
 #8

I've never seen a single coin cause so many altcoin holder to try and attack it here on bitcointalk and in every chat window I've seen.
Sounds like everyone see's it as a threat, else they'd ignore it (like many coins they aren't currently trolling).
There's talk about LTC members planning to take a fight in the battle.
It actually says a lot about WorldCoin.
What are your thought... let the trolls commence  Cheesy
Yeah...forked chain is all one needs to know.
The Main chain didn't fork only the pool forked. BITCOIN AND LTC have forked before, any coin can fork and most likely will in the beginning.
That was exactly my point. That shouldn't happen...for too long.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
daytrader420
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May 22, 2013, 10:22:45 PM
 #9

A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?

God must be hating on WDC then, lol.

I don't hold any WDC but then again I don't support any system which is fundamentally flawed.


Smiley
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May 22, 2013, 10:25:40 PM
 #10

A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?

God must be hating on WDC then, lol.

I don't hold any WDC but then again I don't support any system which is fundamentally flawed.




What exactly do you mean it ran dead on 300 blocks?

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May 22, 2013, 10:26:07 PM
 #11

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anderl
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May 22, 2013, 10:29:49 PM
 #12

A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?

God must be hating on WDC then, lol.

I don't hold any WDC but then again I don't support any system which is fundamentally flawed.




What exactly do you mean it ran dead on 300 blocks?

one of the larger pools was hashing 300 orphaned blocks before it dropped it and jumped on the real block chain.  It was due to two other larger pools in the same data center dominating the chain
daytrader420
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May 22, 2013, 10:30:00 PM
 #13

A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?

God must be hating on WDC then, lol.

I don't hold any WDC but then again I don't support any system which is fundamentally flawed.




What exactly do you mean it ran dead on 300 blocks?

Same thing others are mentioning, a pool forked from the blockchain for 300 blocks. I don't know the details, but I mentioned this recently with why I wouldn't mine a coin with short block time. It's because the network is flooded with absurd amount of orphans. One of those nodes/pools was obviously unable to recover for it, and either mined 300 orphaned blocks in a row, or something along those lines. Maybe it was just for a span of 300 blocks and not that the pool found 300 orphan blocks. Either way, I think WDC is flawed.


I did want to jump on the bandwagon but that really strays me away from it.

Smiley
cryptohunter
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May 22, 2013, 10:32:40 PM
 #14

A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?

God must be hating on WDC then, lol.

I don't hold any WDC but then again I don't support any system which is fundamentally flawed.




What exactly do you mean it ran dead on 300 blocks?

Same thing others are mentioning, a pool forked from the blockchain for 300 blocks. I don't know the details, but I mentioned this recently with why I wouldn't mine a coin with short block time. It's because the network is flooded with absurd amount of orphans. One of those nodes/pools was obviously unable to recover for it, and either mined 300 orphaned blocks in a row, or something along those lines. Maybe it was just for a span of 300 blocks and not that the pool found 300 orphan blocks. Either way, I think WDC is flawed.


I did want to jump on the bandwagon but that really strays me away from it.

I see, thanks for the information. That's not good.

erk
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May 22, 2013, 10:48:45 PM
 #15

A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?

God must be hating on WDC then, lol.

I don't hold any WDC but then again I don't support any system which is fundamentally flawed.



That's just inadiquate pool setup, other WDC pools didn't.

You do realize that chain splits are, happening somwhere at some point for all coins don't you?   If you want to trumpet like a Luddite that the future of crypto coins is in impracticality long transaction times for retail merchants, go right ahead. I would like to see you accept BTC at a fast food drive through and have the customer wait for confirmation!  15sec is tolerable for most busy retail, that often how long a EFTPOS transaction takes. If client code needs modifyiing to increase resistance to chain splits, off you go, it's open source.
daytrader420
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May 22, 2013, 10:57:09 PM
 #16

A pool ran dead on 300 blocks on worldcoin.. is that a first for any crypto?

God must be hating on WDC then, lol.

I don't hold any WDC but then again I don't support any system which is fundamentally flawed.



That's just inadiquate pool setup, other WDC pools didn't.

You do realize that chain splits are, happening somwhere at some point for all coins don't you?   If you want to trumpet like a Luddite that the future of crypto coins is in impracticality long transaction times for retail merchants, go right ahead. I would like to see you accept BTC at a fast food drive through and have the customer wait for confirmation!  15sec is tolerable for most busy retail, that often how long a EFTPOS transaction takes. If client code needs modifyiing to increase resistance to chain splits, off you go, it's open source.

When chains are split is more from like 1 orphan.

Not 300 in a row.

Smiley
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May 22, 2013, 11:02:46 PM
 #17

where is the WDC dev to clear this up.
What happened exactly - why this 300 orphan issue?

which pool was it?

also these pool owners i think need to be much more responsible, i see many pools running over 51% with many coins lately? is this as dangerous as many people say it is?

clint25n (OP)
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May 22, 2013, 11:15:36 PM
 #18

You must be new here...


Yes, I've only been here a few months longer than your profile date, so I guess I'm still somewhat new  Roll Eyes
computerparts
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May 23, 2013, 01:02:50 AM
 #19

where is the WDC dev to clear this up.
What happened exactly - why this 300 orphan issue?

which pool was it?

also these pool owners i think need to be much more responsible, i see many pools running over 51% with many coins lately? is this as dangerous as many people say it is?

The dev already addressed it in the thread yesterday. You must have missed it.
BazkieBumpercar
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May 23, 2013, 01:30:34 AM
 #20

There was a minor split at a pool, big deal.
Only one, considering this coin is like a week old, that's not bad with such transaction times Smiley

I agree with OP; I find it weird that this coin is trolled at so much, especially at mcxnow (its biggest exchange)

Well, let's see what the future holds; wouldn't be surprised if it survives this early stage Smiley
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