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Author Topic: [ANN] Infinitecoin - IFC | V1.8 Released! *Mandatory Upgrade, upgrade ASAP*  (Read 199664 times)
Den821
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September 12, 2013, 01:21:26 PM
 #1141


i voted

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September 12, 2013, 01:34:28 PM
Last edit: September 12, 2013, 03:28:24 PM by KaiDev
 #1142

WTF?Huh?

Difficulty: 5,16600 !!
Network Hash Rate: 80.67 MH/sec !! Now: 69.43 MH/sec !!
[/b]

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September 12, 2013, 01:40:41 PM
 #1143


time to prove the reason why WE NEED A HARD FORK.

This happened last night. IFC was pumped last night, it went from a low of 65 to a high of 113. This in turn had the auto switch pools attack IFC with over 2 gig hash of mining power.



This drove the diff of IFC to 5.116. Once the price dropped and the flash miners had left, We are now at 80 Mhash of mining power and pools are taking hours to find blocks. ifc.scryptmining.com is sitting at a WHOPPPING 500 khash of mining power, and hasn't found a block in 5 hours. So 80mhash @ 5.116 Diff, anyone care to figure how long it will take for the diff to change? sure as hell wont be 1 hour like fisheater predicted.



And now IFC sits 2 positions above bitcoin on coinchoose, at a disgusting profit margin that not even the most rookie miners want to touch. Look at ADT, its constantly at the top of coinchoose and rarely goes below LTC in terms of mining profit, ensuring hashing power stays with ADT and strengthening the network.



Anyone who voted that we keep the 120 block retarget, please tell us why that is such a good idea? If you cant make a solid argument then it is clear that you just want to see the coin fail. I would like a hard fork to fix the diff issue and I believe that anyone who is invested with IFC feels the same way.

Thank You for your time.  

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September 12, 2013, 03:27:55 PM
Last edit: September 12, 2013, 07:00:27 PM by KaiDev
 #1144

Difficulty: 5,16600 !!
Network Hash Rate: 58.69 MH/sec !!



fisheater (OP)
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September 13, 2013, 03:14:59 AM
 #1145

I rendered some new logos for IFC, keeping the old style but getting rid of the cheesy looking pixel art over vector art. I hope you guys like them. Please no hot linking.





AI vector file: http://tecshare.com/ifclogo1.ai

looks great!
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September 13, 2013, 03:16:57 AM
 #1146


time to prove the reason why WE NEED A HARD FORK.

This happened last night. IFC was pumped last night, it went from a low of 65 to a high of 113. This in turn had the auto switch pools attack IFC with over 2 gig hash of mining power.



This drove the diff of IFC to 5.116. Once the price dropped and the flash miners had left, We are now at 80 Mhash of mining power and pools are taking hours to find blocks. ifc.scryptmining.com is sitting at a WHOPPPING 500 khash of mining power, and hasn't found a block in 5 hours. So 80mhash @ 5.116 Diff, anyone care to figure how long it will take for the diff to change? sure as hell wont be 1 hour like fisheater predicted.



And now IFC sits 2 positions above bitcoin on coinchoose, at a disgusting profit margin that not even the most rookie miners want to touch. Look at ADT, its constantly at the top of coinchoose and rarely goes below LTC in terms of mining profit, ensuring hashing power stays with ADT and strengthening the network.



Anyone who voted that we keep the 120 block retarget, please tell us why that is such a good idea? If you cant make a solid argument then it is clear that you just want to see the coin fail. I would like a hard fork to fix the diff issue and I believe that anyone who is invested with IFC feels the same way.

Thank You for your time.  



ok I will look in details into it and will probably prepare some code changes to shorten the retarget cycle. The only problem is that since it is a hard fork, most people will need to upgrade in order to make it successful.
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September 13, 2013, 03:26:17 AM
 #1147

OK I went over again all the recent posts, and I think the community is inclined to have a hard fork to fix this issue. I will do it. And expect the new version will be released in a day or so. Please make sure that you guys do upgrade, as the hard fork will only succeed if > 50% people upgraded (the more the better).

Thanks for reporting the issue and I will provide the fix to it.

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September 13, 2013, 04:37:58 AM
 #1148

OK I have the code ready for switching to diff retarget at each block. I will put the switch block at 251000 which is about 3 days away (currently we are at block 242389). Let me know if the lead time is enough for the switch.

If no opposition, I will release V1.5 which will be the mandatory upgrade for IFC.
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September 13, 2013, 04:44:30 AM
 #1149

thanks for addressing this issue quickly

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DeepOnion      ▄▄██████████▄▄
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.....DeepVault.....
....Blockchain File Signatures....
...deeponion.org...
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September 13, 2013, 04:50:22 AM
 #1150

Way to go Fisheater! Awesome job.
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September 13, 2013, 05:08:04 AM
 #1151

Three more days ! WTF

Do you really need to milk this for another 3 MORE FREAKIN DAYS !

Problably more like a week if the hoppers shoot the difficulty up to 20 by 'accident'.

I am hereby announcing a new classification of coin !

First we had junk-coins.. then the shit-coins hit the fan... and now .. ooohh baby.. I present to you .. the very first..

LETS-SHIT-ON-THE-MINER-COIN. :/

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September 13, 2013, 05:22:26 AM
 #1152

thanks for addressing this issue quickly

LMAO the halving is weeks behind schedule. WAKE UP.

You'd better put a lid on that can of paint. Else it will dry up. Cheesy

In other words.. stop white-washing this bull's shit. People can see how you tried to mislead us with your coinchoose screenshot.

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September 13, 2013, 05:24:32 AM
 #1153

Three more days ! WTF

Do you really need to milk this for another 3 MORE FREAKIN DAYS !

Problably more like a week if the hoppers shoot the difficulty up to 20 by 'accident'.

I am hereby announcing a new classification of coin !

First we had junk-coins.. then the shit-coins hit the fan... and now .. ooohh baby.. I present to you .. the very first..

LETS-SHIT-ON-THE-MINER-COIN. :/

I was wondering why you hate so much this coin, as if I remember correctly, you used to be a supporter of IFC. Now I get the answer, by looking at your recent posts, you become a supporter of that shameless coin that try to steal the name of IFC (something V2 right?). So now your interest is to do sabotage here.

Please go away. You don't like IFC, then don't worry about it. It's very simple. No need to join some other haters and post garbages here.

Everyone knows hard fork is a serious thing, that we need time so everyone can upgrade, and so the fork will be successful.

           ▀██▄ ▄██▀
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DeepOnion      ▄▄██████████▄▄
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      ▀▀███████████▀▀
.....DeepVault.....
....Blockchain File Signatures....
...deeponion.org...
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September 13, 2013, 05:31:26 AM
 #1154

OK if you think 3 days too long, I can reduce to 2 days. The shorter the lead time, the bigger risk we will run into. I understand the urgency of the issue, that's why I work on it immediately.

I don't think the lead time can go below 2 days. If people prefer, I can put switch at block 248000.

Let me know. I will post new client in an hour.
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September 13, 2013, 05:47:59 AM
 #1155

OK if you think 3 days too long, I can reduce to 2 days. The shorter the lead time, the bigger risk we will run into. I understand the urgency of the issue, that's why I work on it immediately.

I don't think the lead time can go below 2 days. If people prefer, I can put switch at block 248000.

Let me know. I will post new client in an hour.

it would be good if you can actually tell people what you are change from what to what as for all we know this new fork could do anything if you want people to upgrade you will need to give more info

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September 13, 2013, 05:59:37 AM
 #1156

OK if you think 3 days too long, I can reduce to 2 days. The shorter the lead time, the bigger risk we will run into. I understand the urgency of the issue, that's why I work on it immediately.

I don't think the lead time can go below 2 days. If people prefer, I can put switch at block 248000.

Let me know. I will post new client in an hour.

it would be good if you can actually tell people what you are change from what to what as for all we know this new fork could do anything if you want people to upgrade you will need to give more info

Check the source code changes in github. I already committed the changes. Check the last two commits, and you can see diffs.
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September 13, 2013, 06:04:24 AM
 #1157

OK if you think 3 days too long, I can reduce to 2 days. The shorter the lead time, the bigger risk we will run into. I understand the urgency of the issue, that's why I work on it immediately.

I don't think the lead time can go below 2 days. If people prefer, I can put switch at block 248000.

Let me know. I will post new client in an hour.

it would be good if you can actually tell people what you are change from what to what as for all we know this new fork could do anything if you want people to upgrade you will need to give more info

Check the source code changes in github. I already committed the changes. Check the last two commits, and you can see diffs.


this is not about what I can or cant see on github its about you making a list of changes made ( I don't even think you have said what the diff retarget will be yet) how will people decide if they accept the changes when they don't know what they are ?

simple things like that will help you gain respect as the ifc dev Smiley


Edit > just seen you have said about 1 block diff changes that's good news for your coin Smiley

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September 13, 2013, 06:51:39 AM
 #1158

Three more days ! WTF

Do you really need to milk this for another 3 MORE FREAKIN DAYS !

Problably more like a week if the hoppers shoot the difficulty up to 20 by 'accident'.

I am hereby announcing a new classification of coin !

First we had junk-coins.. then the shit-coins hit the fan... and now .. ooohh baby.. I present to you .. the very first..

LETS-SHIT-ON-THE-MINER-COIN. :/

 A fork requires time to be implemented.... If no one knows it is happening it will fail. Enough with the dramatization.
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September 13, 2013, 07:13:50 AM
 #1159

Three more days ! WTF

Do you really need to milk this for another 3 MORE FREAKIN DAYS !

Problably more like a week if the hoppers shoot the difficulty up to 20 by 'accident'.

I am hereby announcing a new classification of coin !

First we had junk-coins.. then the shit-coins hit the fan... and now .. ooohh baby.. I present to you .. the very first..

LETS-SHIT-ON-THE-MINER-COIN. :/

 A fork requires time to be implemented.... If no one knows it is happening it will fail. Enough with the dramatization.

We'll see how dramatic things get when the projected deadline is missed. Currently the network is at 26 mhash with a very tall 5.166 diff to deal with.. again.

No drama .. only frustration and disappointment at how these moles are insulting my intelligence with these ongoing shenannigans.

Has anyone else noticed how some/many of these guys have similarly bad english ?

If you agree or disagree .. and need to contact me.. my forum is.. https://bitcointalk.org/index.php  Tongue

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September 13, 2013, 07:58:01 AM
 #1160

Version 1.5 is released. ** This is mandatory upgrade ***

Version 1.5 made the following changes:
(1). Changed the diff retarget to each block, starting from block 248000 (in about 2 days). We are currently at block 242394.
(2). Added more checkpoints.
(3) Fixed a version issue.

Again this is a mandatory upgrade, please upgrade as soon as possible. The download links are source in github are updated.
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