Bitcoin Forum
June 24, 2024, 04:45:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: WDC and DGC are both scams - BigVern monopolies  (Read 1793 times)
r32godzilla
Hero Member
*****
Offline Offline

Activity: 1360
Merit: 506



View Profile
June 05, 2013, 02:38:26 PM
 #21

Thank you for never using DGC again so I don't have to see your mindless posts.

+1

Mods can we close this thread its just plain stupid and bordering on slander against Vern. Cheers.

             ▄▄▄▄▄▄
         ▄▄███▀▀▀▀███▄▄
      ▄██▀▀          ▀▀██▄
     ██▀       ██       ▀██
    ██        ██          ██
   ██        ██   ██       ██
  ▐█▌       ██ ▄▄▄ ██      ▐█▌
  ██       ██  ███  ██      ██
  ▐█▌     ██         ██    ▐█▌
   ██    ██           ██   ██
    ██  ▀▀             ▀▀ ██
     ██▄                ▄██
      ▀██▄▄          ▄▄██▀
         ▀▀███▄▄▄▄███▀▀
             ▀▀▀▀▀▀
.Akoin.....ONE AFRICA. ONE KOIN..
█▀▀











█▄▄

▀▀█











▄▄█

█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█  ██████    ▄▄▄▄▄▄▄▄ █
█  ██████    ▄▄▄▄▄▄▄▄ █
█  ██████    ▄▄▄▄▄▄▄▄ █
█            ▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █
█                     █
█ ▄▄▄▄▄▄              █
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█













.Telegram....
moody123
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 05, 2013, 04:12:04 PM
 #22

pool has 51% of network? solution - form a few more pools and actively recruit people to mine.
CoinHoarder
Legendary
*
Offline Offline

Activity: 1484
Merit: 1026

In Cryptocoins I Trust


View Profile
June 05, 2013, 04:59:28 PM
 #23

Having over 51% of a crypto coins hashing power is certainly concerning no matter how pretty a picture fan boys try to paint.

If Bigvern gets hacked, WDC and DGC would be in serious danger of a double spend attack, and could make it worthless in a matter of minutes.

It is a serious problem.
The_Catman
Full Member
***
Offline Offline

Activity: 168
Merit: 100


Captain Jack Fenderson


View Profile WWW
June 05, 2013, 05:13:36 PM
 #24

Having over 51% of a crypto coins hashing power is certainly concerning no matter how pretty a picture fan boys try to paint.

If Bigvern gets hacked, WDC and DGC would be in serious danger of a double spend attack, and could make it worthless in a matter of minutes.

It is a serious problem.

But it's not a scam on WDC, DGC, or Verns parts. It's just an unfortunate circumstance that could be taken advantage of by malicious parties.

CoinHoarder
Legendary
*
Offline Offline

Activity: 1484
Merit: 1026

In Cryptocoins I Trust


View Profile
June 05, 2013, 05:26:13 PM
 #25

Having over 51% of a crypto coins hashing power is certainly concerning no matter how pretty a picture fan boys try to paint.

If Bigvern gets hacked, WDC and DGC would be in serious danger of a double spend attack, and could make it worthless in a matter of minutes.

It is a serious problem.

But it's not a scam on WDC, DGC, or Verns parts. It's just an unfortunate circumstance that could be taken advantage of by malicious parties.

Yes I agree
shields
Full Member
***
Offline Offline

Activity: 164
Merit: 100


View Profile
June 05, 2013, 05:41:31 PM
 #26

Anyone mining WDC with bigvern who wants to even things out switch to erundooks pool at http://wdcpool.erundook.net/ Been using it since WDC launch and it works fine, usually has about 1/4 to 1/3rd of the total hashrate. Or else switch to one of the other new pools.

If you liked this post -> 1KRYhandiYsjecZw7mtdLnoeuKUYoGRkH4
techbytes
Legendary
*
Offline Offline

Activity: 1694
Merit: 1054


Point. Click. Blockchain


View Profile
June 05, 2013, 05:45:29 PM
 #27

jgm_coin ->Date Registered:    April 09, 2013, 08:31:32 PM  Roll Eyes ->Go read some N00bie posts ok and stop mining with you CPU  Grin


Hey, I registered in April.  He doesn't represent all noob.  Count him as an outcast...    Grin


-tb-

Loki8
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
June 05, 2013, 05:59:44 PM
 #28

For me, it's simple. All alt coins that were released after March 2013 are scams...
The_Catman
Full Member
***
Offline Offline

Activity: 168
Merit: 100


Captain Jack Fenderson


View Profile WWW
June 05, 2013, 06:15:50 PM
 #29

For me, it's simple. All alt coins that were released after March 2013 are scams...

Well that's a simplistic, elitist, and idiotic way to look at it. Just because creating clone coins become the new get rich quick scheme doesn't mean that every single currency is a scam. There are some people in the world that are still trying to push out honest currencies with original ideas.

Loki8
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
June 05, 2013, 06:49:40 PM
 #30

There are some people in the world that are still trying to push out honest currencies with original ideas.

Yeah I agree but here there is no honest currency with original ideas, only clone coins with the get-rich-quick scheme...
tyrion70
Legendary
*
Offline Offline

Activity: 934
Merit: 1000



View Profile
June 05, 2013, 07:04:47 PM
 #31

Cuz of above information and the fact that BigVern's not accepting new miners, I've created P2Pools for both Digitalcoin and Worldcoin.

For more information see our blog:
http://p2pool.nl/blog/new-p2pools-added/

You can mine on
http://wdc.p2pool.nl:9400

and

http://dgc.p2pool.nl:9300

Use your coin address as username

Have fun!

Oldminer
Legendary
*
Offline Offline

Activity: 1022
Merit: 1001



View Profile
June 05, 2013, 07:14:35 PM
 #32

I wouldnt be too concerned. Verns pool is only just on 50% total and he has closed registrations until network hashrate rises. Nothing to see here...move along...

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
Pointeh
Newbie
*
Offline Offline

Activity: 50
Merit: 0



View Profile
June 05, 2013, 07:35:13 PM
 #33

I'm pretty sure most people are on bigvern's pool because it's linked from Cryptsy, the main DGC hub at the moment.

There are plenty of other pools, some with >100mhash and p2pool options.

I had issues mining WDC, I guess the block time is too fast but DGC income seems pretty stable, difficulty curve considered
walf_man
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
June 06, 2013, 07:05:59 AM
 #34

make a long time to future...
caish5
Sr. Member
****
Offline Offline

Activity: 324
Merit: 250



View Profile WWW
June 06, 2013, 09:26:23 AM
 #35

Spread the hashes around.

I have a WDC P2Pool on a solid US server.

ADDRESS http://wdc.bitvolcano.com:19331
USER yourworldcoinaddress
PASS anything

Fee is set at a tiny 1%

Looking forward to seeing a few miners.

Bitvolcano YAC, BBQ and WDC P2Pools at http://bitvolcano.com
bizz
Hero Member
*****
Offline Offline

Activity: 492
Merit: 500


View Profile
June 06, 2013, 09:28:31 AM
 #36

Digicoinpool is now under 50%.

Pool Hashrate: 483.96 MH/s    
Network Hashrate: 1.04 Gh/s  
jdebunt
Legendary
*
Offline Offline

Activity: 1596
Merit: 1010


View Profile WWW
June 06, 2013, 09:29:44 AM
 #37

we need to start putting up IQ tests before people can actually register & use this site i think, this is getting sadder & sadder every day Smiley
Hydroponica
Full Member
***
Offline Offline

Activity: 182
Merit: 100


fml


View Profile
June 06, 2013, 10:44:55 AM
 #38

Just look at the two BigVern pools for digitalcoin (DGC) and worldcoin (WDC),

Both pools are far over 51% of the network hashrates. 

Their monopoly explains the rarity and the fact that they cannot be efficiently solo-mined.

BOYCOTT MONOPOLY COINS!  Stick to coins that don't have pools with 90% of the hashrate...


I'm back on litecoin.  Fuck scamcoin

+10000

But you support GLD, one of the biggest scam coins around....

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!