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Author Topic: [ALQO] Scalable Payment Network | Swiss Fiat Exchange: Bitfineon | Liberio dApp  (Read 83576 times)
smasherx
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April 14, 2018, 05:51:02 PM
 #1261

Update from discord:

Statement: 14th. April Issue - Dual Chainsplit, Wrong updating

Today, while we were having our update, some pools did not properly update, which made us ending up with 3 different Blockchains.
The main Blockchain was stuck at Block 225000 - for several hours, while 2 split chains were running. High hashrates on the wrong Pools made our Masternodes and Wallets, switch to one of the corrupt Blockchains.

We have now wiped out other Blockchains and took over our own Blockchain with the urgent update.
Please follow instructions stated by @Kevin "pixelz" Collmer in order to update your wallets and masternodes properly.

We will soon work together with the exchanges to bring things back to normal. We would still suggest you not to send any alqo around until we give you green lights.

To Pool Owners/Miners:
We know we made some Miners angry with the last updates in reward allocation, but this is not the way how to fix issues, this hurts a lot of investors, and also your mining source.
If you are not sure how to update your pool, feel free to contact us, BEFORE the update is due, next time.
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Islapdonkey
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If i had a dollar for every "had i known"


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April 14, 2018, 06:51:47 PM
 #1262

Update from discord:

Statement: 14th. April Issue - Dual Chainsplit, Wrong updating

Today, while we were having our update, some pools did not properly update, which made us ending up with 3 different Blockchains.
The main Blockchain was stuck at Block 225000 - for several hours, while 2 split chains were running. High hashrates on the wrong Pools made our Masternodes and Wallets, switch to one of the corrupt Blockchains.

We have now wiped out other Blockchains and took over our own Blockchain with the urgent update.
Please follow instructions stated by @Kevin "pixelz" Collmer in order to update your wallets and masternodes properly.

We will soon work together with the exchanges to bring things back to normal. We would still suggest you not to send any alqo around until we give you green lights.

To Pool Owners/Miners:
We know we made some Miners angry with the last updates in reward allocation, but this is not the way how to fix issues, this hurts a lot of investors, and also your mining source.
If you are not sure how to update your pool, feel free to contact us, BEFORE the update is due, next time.

I do agree that this is not the right way to go about it, but like i mentioned before, this coin wouldn't be shit without the miners. the miners are responsible for creating and contribute considerably in maintaining the integrity of the platform. then without a vote, they turned around and fucked them all. Where is the decentralization in that. POW just showed you who really matter. Take care.

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crackfoo
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April 14, 2018, 09:13:15 PM
 #1263

Perhaps someone should have spent some time a contact the pools that announced in your thread they’ve added your coin to the pool such as I did and no took the time to notify nor did you bother to take the effort to push an alert through the daemon.

Don’t be blaming the pools.

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April 14, 2018, 09:42:23 PM
 #1264

Anyway, do you have an explorer working that is the official chain?

MoNTE48
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April 14, 2018, 09:53:56 PM
 #1265

Hey, i updated my masternode wallet, but i get these output:
Code:
"version" : 3010001,
    "protocolversion" : 70713,
    "walletversion" : 61000,
    "balance" : 0.00000000,
    "Darksend_balance" : 0.00000000,
    "blocks" : 225290,
    "timeoffset" : 0,
    "connections" : 16,
    "proxy" : "",
    "difficulty" : 81515.74855755,
    "testnet" : false,
    "keypoololdest" : 1521628443,
    "keypoolsize" : 1001,
    "paytxfee" : 0.00000000,
    "relayfee" : 0.00010000,
    "staking status" : "Staking Not Active",
    "errors" : "Warning: This version is obsolete, upgrade required!"
oserega1974
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April 15, 2018, 05:58:41 AM
 #1266

I updated the new wallet, but I can not get the synchronization, what's the problem.
MoNTE48
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April 15, 2018, 06:32:28 AM
 #1267

Copy Dev reply from discord:


@everyone

This update is not out yet. It is the initial announce for the update.  - All alqo movement will be halted until we can deploy this update, for now:

Close your wallets. Wait for the update.
We are syncing everything. Will take a couple of hours.

Attention:

After our try to urgently fix the chain split issue due to not updated pools, masternodes, wallets etc,
we came to a solution, which will fix all problems once for all.

Some will not like this change, but this was the least worse road we could go. (Other options were : New Blockchain/Coin ; HardFork ; CoinSwap etc)
This way we can provide the least loss for everyone.

Solution:

We will from now on disable all other mining pools (and single miners) from being able to mine alqo, for the entire PoW phase from now on.
Our official pool will have 0% Mining Fees, and all current, clean updates. This will secure that no other chains can be created out of alqo.

This complete centralization of alqo, will only be for the rest of the PoW phase, so that this can be done without ANY further issues like:
Masternodes going missing, more sidechains or 51% attacks.
We believe that this way, we can provide the security people want and need for alqo.

Also this will be, hopefully, the last daemon update from our side. (Liberio is not a daemon update)

Once PoS starts, everything will become as planned.

Today was a black day in the history of alqo, and while we had a lot of problems and attempts to solve this, we believe that this is the only
real solution on our end. But we thank the community, for supporting us and newcomers that came today into alqo, that you helped them, explained the situation,
and kept a cool head. Thats why we would never leave you guys behind, and provide, a clean and smart alqo, which is from now on operated from our pool only.

We hope that you can understand this decision, and again, stand on our side to make a good cryptocurrency and a good start for Bitfineon this year.


---

Sidenotes:

- We will do again a rollback to Block 225000.
- You will have to do a last update in your Wallet and self-hosted Masternodes.
- CryptoBridge and CoinExchange.io will be opened again once everything is updated. (ETA TBA)
- Not updated Wallets will no longer sync. - So make sure you update your wallets.
- Not updated Masternodes, will go missing. - So make sure you update your self hosted Masternodes.
- All masternodes will go missing, again, for a last time, ever. (Hopefully)
- Masternodes hosted on our Pool, will receive the update automatically. (You have to do nothing)
- If you are using hosted MN service, please get in contact with your provider on what you should do next. (i.e. alqomn.com)
- We will be moving our Mining pool to microsoft azure in order to make it more reliable, accessible and easier/faster upgradeable.
jackson997
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April 15, 2018, 08:03:01 AM
 #1268

why cryptobridge disabled ALQO ? "The owner of BRIDGE.ALQO has disabled trading in this market."

so what, I have 80 ALQO on crypto-bridge.org and I cant do nothing with them, I cant sell and I cant withdraw
cashen
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April 15, 2018, 08:23:41 AM
 #1269

Copy Dev reply from discord:


@everyone

This update is not out yet. It is the initial announce for the update.  - All alqo movement will be halted until we can deploy this update, for now:

Close your wallets. Wait for the update.
We are syncing everything. Will take a couple of hours.

Attention:

After our try to urgently fix the chain split issue due to not updated pools, masternodes, wallets etc,
we came to a solution, which will fix all problems once for all.

Some will not like this change, but this was the least worse road we could go. (Other options were : New Blockchain/Coin ; HardFork ; CoinSwap etc)
This way we can provide the least loss for everyone.

Solution:

We will from now on disable all other mining pools (and single miners) from being able to mine alqo, for the entire PoW phase from now on.
Our official pool will have 0% Mining Fees, and all current, clean updates. This will secure that no other chains can be created out of alqo.

This complete centralization of alqo, will only be for the rest of the PoW phase, so that this can be done without ANY further issues like:
Masternodes going missing, more sidechains or 51% attacks.
We believe that this way, we can provide the security people want and need for alqo.

Also this will be, hopefully, the last daemon update from our side. (Liberio is not a daemon update)

Once PoS starts, everything will become as planned.

Today was a black day in the history of alqo, and while we had a lot of problems and attempts to solve this, we believe that this is the only
real solution on our end. But we thank the community, for supporting us and newcomers that came today into alqo, that you helped them, explained the situation,
and kept a cool head. Thats why we would never leave you guys behind, and provide, a clean and smart alqo, which is from now on operated from our pool only.

We hope that you can understand this decision, and again, stand on our side to make a good cryptocurrency and a good start for Bitfineon this year.


---

Sidenotes:

- We will do again a rollback to Block 225000.
- You will have to do a last update in your Wallet and self-hosted Masternodes.
- CryptoBridge and CoinExchange.io will be opened again once everything is updated. (ETA TBA)
- Not updated Wallets will no longer sync. - So make sure you update your wallets.
- Not updated Masternodes, will go missing. - So make sure you update your self hosted Masternodes.
- All masternodes will go missing, again, for a last time, ever. (Hopefully)
- Masternodes hosted on our Pool, will receive the update automatically. (You have to do nothing)
- If you are using hosted MN service, please get in contact with your provider on what you should do next. (i.e. alqomn.com)
- We will be moving our Mining pool to microsoft azure in order to make it more reliable, accessible and easier/faster upgradeable.


Thanks for copying from Discord.

I was recently banned from their discord channel for questioning their actions regarding this update. I wish they would have taken my feedback more serious because this whole mess might have been avoided. But hey, what do I know....

The biggest problem is the lack of communication and trying to push this new reward % through.

Very disappointing.
Broesel
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April 15, 2018, 11:47:30 AM
 #1270

why cryptobridge disabled ALQO ? "The owner of BRIDGE.ALQO has disabled trading in this market."

so what, I have 80 ALQO on crypto-bridge.org and I cant do nothing with them, I cant sell and I cant withdraw

Like it is said in the announcement: Hold your coins untill the issue is worked out. It wouldn't make sense for you to sell the coins now anyway, because of the rollback to block 225000. Stay calm and wait for the devs to rework the issue. Evrything will be fine. I have faith in the devs!


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crackfoo
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April 15, 2018, 12:02:14 PM
 #1271

Hi,

We've added ALQO to the miners multipool: www.zpool.ca

quark pool:

http://www.zpool.ca/site/gomining?algo=quark

Blocks found by zpool:

http://www.zpool.ca/site/block?id=2860

Cheers!

We've dropped ALQO form the pool. If you're waiting for payments, you'll need to talk to the kids in charge of this coin.

bennie4
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April 15, 2018, 06:36:15 PM
 #1272

Copy Dev reply from discord

We are making progress. The new Blockchain seems to be working good, we are trying to fix the other stuff right now (i.e. Explorer) we would recommend just to stay calm, and download the new Wallet from the website.

Do not start hardcore mining just yet.
duke944
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April 15, 2018, 08:20:12 PM
 #1273

Update from the team of ALQO

Once everything is working normally again, we will have a community vote on switching to PoS or not. The decisions that were made, were made in order to get the Blockchain running again
cashen
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April 15, 2018, 08:30:10 PM
 #1274

Updated wallet on GITHUB

https://github.com/ALQOCRYPTO/ALQO/releases/
Alohaboy?!
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April 15, 2018, 10:13:54 PM
 #1275

Update from discord:

Statement: 14th. April Issue - Dual Chainsplit, Wrong updating

Today, while we were having our update, some pools did not properly update, which made us ending up with 3 different Blockchains.
The main Blockchain was stuck at Block 225000 - for several hours, while 2 split chains were running. High hashrates on the wrong Pools made our Masternodes and Wallets, switch to one of the corrupt Blockchains.

We have now wiped out other Blockchains and took over our own Blockchain with the urgent update.
Please follow instructions stated by @Kevin "pixelz" Collmer in order to update your wallets and masternodes properly.

We will soon work together with the exchanges to bring things back to normal. We would still suggest you not to send any alqo around until we give you green lights.

To Pool Owners/Miners:
We know we made some Miners angry with the last updates in reward allocation, but this is not the way how to fix issues, this hurts a lot of investors, and also your mining source.
If you are not sure how to update your pool, feel free to contact us, BEFORE the update is due, next time.

I do agree that this is not the right way to go about it, but like i mentioned before, this coin wouldn't be shit without the miners. the miners are responsible for creating and contribute considerably in maintaining the integrity of the platform. then without a vote, they turned around and fucked them all. Where is the decentralization in that. POW just showed you who really matter. Take care.

Well anyway that helped no one. Sure it was a important decision  without a vote, but the biggest holders would still have voted in their favor

The new Cryptocurrency book "The Magical World of Cryptocurrencies" is out now and available for free to everyone!
Make sure to contribute and give something back to the community.
Visit https://coined1.com or the bitcointalk.org thread https://bitcointalk.org/index.php?topic=5088332.0;topicseen
22naru
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April 15, 2018, 10:40:38 PM
 #1276

Update from discord:

Statement: 14th. April Issue - Dual Chainsplit, Wrong updating

Today, while we were having our update, some pools did not properly update, which made us ending up with 3 different Blockchains.
The main Blockchain was stuck at Block 225000 - for several hours, while 2 split chains were running. High hashrates on the wrong Pools made our Masternodes and Wallets, switch to one of the corrupt Blockchains.

We have now wiped out other Blockchains and took over our own Blockchain with the urgent update.
Please follow instructions stated by @Kevin "pixelz" Collmer in order to update your wallets and masternodes properly.

We will soon work together with the exchanges to bring things back to normal. We would still suggest you not to send any alqo around until we give you green lights.

To Pool Owners/Miners:
We know we made some Miners angry with the last updates in reward allocation, but this is not the way how to fix issues, this hurts a lot of investors, and also your mining source.
If you are not sure how to update your pool, feel free to contact us, BEFORE the update is due, next time.

I do agree that this is not the right way to go about it, but like i mentioned before, this coin wouldn't be shit without the miners. the miners are responsible for creating and contribute considerably in maintaining the integrity of the platform. then without a vote, they turned around and fucked them all. Where is the decentralization in that. POW just showed you who really matter. Take care.

Well anyway that helped no one. Sure it was a important decision  without a vote, but the biggest holders would still have voted in their favor

i agree aswell , anyway later or soon will be an VOTE for POS or keep POW witch is the same with the rewards..
cashen
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April 15, 2018, 10:45:48 PM
 #1277

Update from discord:

Statement: 14th. April Issue - Dual Chainsplit, Wrong updating

Today, while we were having our update, some pools did not properly update, which made us ending up with 3 different Blockchains.
The main Blockchain was stuck at Block 225000 - for several hours, while 2 split chains were running. High hashrates on the wrong Pools made our Masternodes and Wallets, switch to one of the corrupt Blockchains.

We have now wiped out other Blockchains and took over our own Blockchain with the urgent update.
Please follow instructions stated by @Kevin "pixelz" Collmer in order to update your wallets and masternodes properly.

We will soon work together with the exchanges to bring things back to normal. We would still suggest you not to send any alqo around until we give you green lights.

To Pool Owners/Miners:
We know we made some Miners angry with the last updates in reward allocation, but this is not the way how to fix issues, this hurts a lot of investors, and also your mining source.
If you are not sure how to update your pool, feel free to contact us, BEFORE the update is due, next time.

I do agree that this is not the right way to go about it, but like i mentioned before, this coin wouldn't be shit without the miners. the miners are responsible for creating and contribute considerably in maintaining the integrity of the platform. then without a vote, they turned around and fucked them all. Where is the decentralization in that. POW just showed you who really matter. Take care.

Well anyway that helped no one. Sure it was a important decision  without a vote, but the biggest holders would still have voted in their favor

i agree aswell , anyway later or soon will be an VOTE for POS or keep POW witch is the same with the rewards..

Why do you think that. They didn't do a vote for this debacle.

"100% Governance"
ron1989
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April 15, 2018, 10:58:33 PM
 #1278

Update from discord:

Statement: 14th. April Issue - Dual Chainsplit, Wrong updating

Today, while we were having our update, some pools did not properly update, which made us ending up with 3 different Blockchains.
The main Blockchain was stuck at Block 225000 - for several hours, while 2 split chains were running. High hashrates on the wrong Pools made our Masternodes and Wallets, switch to one of the corrupt Blockchains.

We have now wiped out other Blockchains and took over our own Blockchain with the urgent update.
Please follow instructions stated by @Kevin "pixelz" Collmer in order to update your wallets and masternodes properly.

We will soon work together with the exchanges to bring things back to normal. We would still suggest you not to send any alqo around until we give you green lights.

To Pool Owners/Miners:
We know we made some Miners angry with the last updates in reward allocation, but this is not the way how to fix issues, this hurts a lot of investors, and also your mining source.
If you are not sure how to update your pool, feel free to contact us, BEFORE the update is due, next time.

I do agree that this is not the right way to go about it, but like i mentioned before, this coin wouldn't be shit without the miners. the miners are responsible for creating and contribute considerably in maintaining the integrity of the platform. then without a vote, they turned around and fucked them all. Where is the decentralization in that. POW just showed you who really matter. Take care.

Well anyway that helped no one. Sure it was a important decision  without a vote, but the biggest holders would still have voted in their favor

i agree aswell , anyway later or soon will be an VOTE for POS or keep POW witch is the same with the rewards..

Why do you think that. They didn't do a vote for this debacle.

"100% Governance"

so lets recap..
the coin isnt really %100 governance anymore,
the devs made a half-baked decision to fuck the miners so they could increase their masternode rewards
it backfired big time.
what is this amateur hour?

they might as well go 100% PoS right now. like I said before they pushed the update, they would lose all their hashrate - and look what happened.
Nobody will mine alqo for the current reward, its a slap in the face to the miners who helped establish this coin's SECURE network.

22naru
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April 16, 2018, 02:51:43 AM
 #1279

more news about exchnages? and how is the network status?
xiaopihai
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April 16, 2018, 07:11:30 AM
 #1280


Did you change the chain without receiving any notice? ? ? My mine pool has a lot of hash
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