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Author Topic: [ANN] Infinitecoin - IFC | V1.8 Released! *Mandatory Upgrade, upgrade ASAP*  (Read 199190 times)
erk
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September 25, 2013, 08:38:22 PM
 #1321

now at Block: 246954


 
Value Out: 1057817529.37982098 IFC
I have a Cryptsy deposit still stuck on 5 confirms for 3-4 days, notice how the difficulty has more than doubled.


I think this coin is over, the dev should have been on top of this issue within hours of learning about it, with a checkpoint release to define the correct fork. Seeing the dev caused this problem with a bad diff formula, he needs to get pro-active and  fix it. Else I see exchanges and pools dropping IFC.

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Hippie Tech
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September 25, 2013, 08:43:26 PM
 #1322

Why isnt cryptsy taking it off the markets ? Huh

Any other coin would have been long gone by now.

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September 25, 2013, 08:44:52 PM
 #1323

Why isnt cryptsy taking it off the markets ? Huh

Any other coin would have been long gone by now.
Some staff at Cryptsy like BigJohn are away. People who have submitted tickets about IFC haven't been attended to.

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September 25, 2013, 08:59:52 PM
 #1324

Why isnt cryptsy taking it off the markets ? Huh

Any other coin would have been long gone by now.
Some staff at Cryptsy like BigJohn are away. People who have submitted tickets about IFC haven't been attended to.



No excuse.

Starcoin was taken down just minutes/hours ago.

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September 25, 2013, 09:02:34 PM
 #1325

if needed I can upload a whole coppy of the wallet and the correct blockchain so people can make sure there on the right chain if needed

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erk
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September 25, 2013, 09:04:34 PM
 #1326

Why isnt cryptsy taking it off the markets ? Huh

Any other coin would have been long gone by now.
Some staff at Cryptsy like BigJohn are away. People who have submitted tickets about IFC haven't been attended to.



No excuse.

Starcoin was taken down just minutes/hours ago.
I lodged a support ticked about stuck IFC confirmations on Cryptsy days ago, posted several times in the chat box, and posted in their forum thread. Don't know what else to do. People are loosing IFC from submitting transactions on coin forks that other people are not on!


if needed I can upload a whole coppy of the wallet and the correct blockchain so people can make sure there on the right chain if needed

We don't need another block chain, we need the dev to pull his finger out an release a new official client with checkpoints for the correct chain, not some hack with uploading a block chain that could be overwritten any time.

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September 25, 2013, 09:23:41 PM
 #1327

We don't need another block chain, we need the dev to pull his finger out an release a new official client with checkpoints for the correct chain, not some hack with uploading a block chain that could be overwritten any time.



I think that soon, if someone will try to sync his wallet from scratch, it will sync to the correct blockchain.
Every service that has his wallet stuck in these high diff blocks (146954) will have to delete their current blockchain and download it again.
I don't really know how the clients determine which is the right blockchain.

Anyway, an interesting test to do would be to make a copy of your wallet.dat and erase everything related to IFC. Then run a clean version of the IFC V1.7 client and see what happens. How will this one sync ? Same blockchain that on http://coin-base.net/infinitecoin/ ?

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September 25, 2013, 09:53:15 PM
 #1328

So what happens to all the coins that were traded on Cryptsy if the fork?

There were 10's of millions traded on that cliff. They won't roll those back. We are locked into this change by those trades.

         YOU TOO CAN BE A MILLIONAIRE – INFINITECOIN Infinite possibilities – http://infinitecointalk.org          
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September 25, 2013, 10:13:54 PM
 #1329

So what happens to all the coins that were traded on Cryptsy if the fork?

There were 10's of millions traded on that cliff. They won't roll those back. We are locked into this change by those trades.
Trades on Cryptsy will be valid only if the corresponding deposits that got the traded coins there are valid. Withdrawals will probably be toast. Good luck, expect to loose it.

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September 25, 2013, 10:47:00 PM
 #1330

So what happens to all the coins that were traded on Cryptsy if the fork?

There were 10's of millions traded on that cliff. They won't roll those back. We are locked into this change by those trades.
Trades on Cryptsy will be valid only if the corresponding deposits that got the traded coins there are valid. Withdrawals will probably be toast. Good luck, expect to loose it.



What happenned is that transactions that were sent when the main blockchain was stuck at block 246953 were processed and included in this "monocolor" fork (i'll call it like this Cheesy). From what I understand, only the transactions between blocks 246948 and 248953 might be lost because this chain was forked at block 246948.

Please correct me if I'm wrong, but if someone deletes the blockchain and the the most Infinitecoin users use this monocolor blockchain, you will normally automatically sync to this one, right?

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September 25, 2013, 11:24:30 PM
 #1331

So what happens to all the coins that were traded on Cryptsy if the fork?

There were 10's of millions traded on that cliff. They won't roll those back. We are locked into this change by those trades.
Trades on Cryptsy will be valid only if the corresponding deposits that got the traded coins there are valid. Withdrawals will probably be toast. Good luck, expect to loose it.



What happenned is that transactions that were sent when the main blockchain was stuck at block 246953 were processed and included in this "monocolor" fork (i'll call it like this Cheesy). From what I understand, only the transactions between blocks 246948 and 248953 might be lost because this chain was forked at block 246948.

Please correct me if I'm wrong, but if someone deletes the blockchain and the the most Infinitecoin users use this monocolor blockchain, you will normally automatically sync to this one, right?
We are up to block 246954 on the old chain and that last block alone contain 1,057,817,529 in transactions. This is a disaster.


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September 25, 2013, 11:29:49 PM
 #1332

]We are up to block 246954 on the old chain and that last block alone contain 1,057,817,529 in transactions. This is a disaster.


This doesn't mean that these transactions are not included in the forked chain. If they got broadcasted all around the network and some miner included it to a further block, they're not lost.

You have to do test and backups if you have funds involved. Don't mean it's lost and destroyed.

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September 25, 2013, 11:30:58 PM
 #1333

if you guys delete your IFC blockchain and download it again with the 1.7 client, you should get the "monocolor" fork. As far as I am concerned, this should be the correct blockchain.

Anyone who loses coins during this time, well...too bad. Especially you middlecoin, multipool coin raping strip miners. Anyone who kept trading the coin knowing that there was a possible issue, you took the risk. Cryptsy doesn't tell us which is the correct blockchain, we tell them. We as a community need to move fast and resolve this issue because people are losing time and energy. Fisheater has spoken, we the community must decide collectively which blockchain is the correct one.

So NOW is the time to speak up, let your voice be heard.

I say lets go with the "monocolor" blockchain.

I will back my vote by securing the "monocolor" blockchain.

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September 25, 2013, 11:35:46 PM
 #1334

]We are up to block 246954 on the old chain and that last block alone contain 1,057,817,529 in transactions. This is a disaster.


This doesn't mean that these transactions are not included in the forked chain. If they got broadcasted all around the network and some miner included it to a further block, they're not lost.

You have to do test and backups if you have funds involved. Don't mean it's lost and destroyed.
block 246954 on the forked chain is not the same as block 246954 on the old chain, they contain different transactions. Find me the block on the forked chain that has the 1,057,817,529 in transactions, bet you can't.
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September 25, 2013, 11:46:56 PM
 #1335

]We are up to block 246954 on the old chain and that last block alone contain 1,057,817,529 in transactions. This is a disaster.


This doesn't mean that these transactions are not included in the forked chain. If they got broadcasted all around the network and some miner included it to a further block, they're not lost.

You have to do test and backups if you have funds involved. Don't mean it's lost and destroyed.
block 246954 on the forked chain is not the same as block 246954 on the old chain, they contain different transactions. Find me the block on the forked chain that has the 1,057,817,529 in transactions, bet you can't.

I'd need to explore the monocolor blockchain to see if the address iLTo27RTdq6xwpmnNSe3JUfyZwFt7jyo3B still contains its 300 millions coins that were spend in block 246954.
The chain forked on block 246948. In this block, the coins still were in iLTo27RTdq6xwpmnNSe3JUfyZwFt7jyo3B. They arrived here in block 246822.
The only thing is that on the monocolor blockchain, the transactions in blocks 246949 to 246954 never occured. The coins are not lost.

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September 26, 2013, 12:06:28 AM
 #1336

Another thing: please avoid trading until the issue settles. We requested cryptsy to suspend the trading until the issue settles, over a day ago, but it is still trading. When the main chain is blocked, the transactions can not be confirmed. So it's better to wait for everything to settle.

just pointed bitjohn to this post and he has paused trading on IFC

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erk
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September 26, 2013, 12:08:16 AM
 #1337

Another thing: please avoid trading until the issue settles. We requested cryptsy to suspend the trading until the issue settles, over a day ago, but it is still trading. When the main chain is blocked, the transactions can not be confirmed. So it's better to wait for everything to settle.

just pointed bitjohn to this post and he has paused trading on IFC
About time! No point trying to continue with transactions when not everyone is on the same chain.
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September 26, 2013, 12:36:32 AM
 #1338

Why is the own IFC community not helping themselves by using the right client version? Unless there are troll about mining hard on an older version just to try and mess things up?
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September 26, 2013, 12:46:01 AM
Last edit: September 26, 2013, 01:27:54 AM by YukonCoinelius
 #1339

From what I can see, IFC is now alive and running fine. The current block is: 251454

With v1.7 I am able to pick up the old blockchain, sync to current and solo mine, and I did *not* need to mass download any blockchains, nor even any special addnodes. (It found everything by itself). This is not a fork that monocolor plucked out of nowhere -- rather he found it on the network, probably from a solo miner(s) that turned on his wallet at the right time and managed to route around the stall, by computing enough blocks while they were synchronizing, to get ahead of it. This reflects a “working as designed” p2p recovery from the situation.

Note that if you had the wallet active right up to the stall, it's probably a good idea to delete the old block database and re-download (note: KEEP your wallet.dat and .conf files!). (and I mean download via the standard wallet sync-ing, not that file from mega.nz)

This pool is on the active chain:
http://coin-base.net/infinitecoin/

These pools are on the broken series:
http://infinite.netcoin.pl/
https://ifc.epools.org/
http://ifc.scryptmining.com/
Also remember that the block explorers, coin chooser sites, etc showing the old series may not even be upgraded to the v1.7 software yet.

The old stalled/bad block (246953/4) has little chance of proceeding because the diff is ultra-high and still climbing, and noone is mining at those stalled pools now anyways.

It seems probable that some big pools/miners/exchange sites, including Cryptsy were caught out by the rapid flurry of releases and did not upgrade fast enough to v1.7, which contributed to the forks.

If a few blocks got orphaned around 246953 (perhaps a total 5?), that's fairly inconsequential. From what I understand, for anyone who had txns inside those orphaned blocks, the txns will either be in the new blocks, or if they never registered then the coins will be back in your wallet. (might have to rescan/reindex wallet). The coins don't just disappear!

Also note: trades happening inside Cryptsy (with coins already there) are purely on those internal accounts, and don't affect the blockchain. I would recommend holding off any transfers to/from your exchange until confirmed they are on the active chain. (you can also send a small test amount first).

The new difficulty algorithm from PPCoin, active since block 248000, looks good and is oscillating up and down nicely so far, and climbing up.  Any coin is going to have problems with mass surge-waves of hashing - an easy, perfect solution to that is not known. Fisheater has done a commendable job of responding quickly, and the PPC algorithm should be a robust improvement.

I'm not sure more checkpoints will help right now, and it could induce yet another fork point if miners fail to upgrade in time. Depends on how strongly the community wants such a confidence booster from you, fisheater.
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September 26, 2013, 01:10:25 AM
 #1340

wish we kept this whole "correct blockchain" thing a secret...but here goes

before you do this back up your wallet.dat and .conf files, just delete THE BLOCKCHAIN...

1. delete old blockchain
2. make sure you have 1.7 client, if not download 1.7 client
3. download new blockchain through wallet, as of this moment there are 25 active connections
4. wallet should report that we are on block 251505 as of this post, which is what coin-base.net is reporting as well
5. voila! IFC is alive and well
6. get everyone to do the same thing so we can all get back to our regularly scheduled program.

special thanks to ortchi42 for updating coin-base and basically letting me rape IFC....today felt like hitting the jackpot at Vegas. I will never mine that many IFC ever again in my life. Also a big thanks to "monocolor" for shedding light on this whole "forked" chain debacle...I think this is the first time in alt-crypto history a coin has forked itself to THE CORRECT CHAIN.
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