jasonslow
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June 17, 2013, 06:36:25 PM |
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They even successfully attacked FTC, FTC has much higher hashrate than dgc. I think its time now for the alts to unite and vote an alts that we need to survive.
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Eli0t
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June 17, 2013, 06:36:41 PM |
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What I can't figure out is why any DEV wanting their coin to flourish would make such an insane challenge especially when total network has is about 1 G/HS including the pools.
I've just done some calculating and it appears that by DDoS the pools, the solo hash rate will be less than 300 M/HS.
Also Vicurex just picked this coin up, think they want to be part of an attack vector brought on by the DEV?
~BCX~
don't DDoS mah pool please! Do you have a DGC pool? ~BCX~ only in his sig
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LTC: LKpJf3uk7KsHU73kxq8iFJrP1AAKN7Yni7 DGC: DKXGvEbj3Rwgrm2QQbRyNPDDZDYoq4Y44d XPM: AWV5AKfLFyoBaMjg9C77rGUBhuFxz5DGGL
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jasonslow
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June 17, 2013, 06:41:04 PM |
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What I can't figure out is why any DEV wanting their coin to flourish would make such an insane challenge especially when total network has is about 1 G/HS including the pools.
I've just done some calculating and it appears that by DDoS the pools, the solo hash rate will be less than 300 M/HS.
Also Vicurex just picked this coin up, think they want to be part of an attack vector brought on by the DEV?
~BCX~
don't DDoS mah pool please! Do you have a DGC pool? ~BCX~ I do Don't worry BCX will stop the attack after 3 days. Your pool will function again.
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bizz
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June 17, 2013, 06:41:57 PM |
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They even successfully attacked FTC, FTC has much higher hashrate than dgc. I think its time now for the alts to unite and vote an alts that we need to survive.
Facts? Don't think so. But I'm not sure either, so I'll ask instead of being .. ok wont go there really: So anyone knows FTC hashrates just before an attack? I heard they were under 700MH.
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FiiNALiZE
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June 17, 2013, 06:42:39 PM |
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They even successfully attacked FTC, FTC has much higher hashrate than dgc. I think its time now for the alts to unite and vote an alts that we need to survive.
Facts? Don't think so. But I'm not sure either, so I'll ask instead of being .. ok wont go there really: So anyone knows FTC hashrates just before an attack? I heard they were under 700MH. I thought it was around 150MH/s
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Petr1fied
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June 17, 2013, 06:44:14 PM |
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The wallet does have up to date checkpoints
The last checkpoint was 22 days or 106,841 blocks ago.
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anderl
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June 17, 2013, 06:52:04 PM |
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what's the point dev just put in a checkpoint and the attack is worthless. all it will do is slow down the network for as long as they are attacking it. miners will come back after the attack is over. not sure how DGC will be "dead"?
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Petr1fied
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June 17, 2013, 06:54:26 PM |
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The point is the dev is foolish for encouraging it. It's like waving a red rag in front of a bull just to see if it will charge.
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anderl
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June 17, 2013, 06:57:21 PM |
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The point is the dev is foolish for encouraging it. It's like waving a red rag in front of a bull just to see if it will charge.
are so many people here really bull headed? not a mature one in the bunch?
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Eli0t
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June 17, 2013, 07:01:46 PM |
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LTC: LKpJf3uk7KsHU73kxq8iFJrP1AAKN7Yni7 DGC: DKXGvEbj3Rwgrm2QQbRyNPDDZDYoq4Y44d XPM: AWV5AKfLFyoBaMjg9C77rGUBhuFxz5DGGL
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JasperParsons
Newbie
Offline
Activity: 32
Merit: 0
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June 17, 2013, 07:02:37 PM |
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what's the point dev just put in a checkpoint and the attack is worthless. all it will do is slow down the network for as long as they are attacking it. miners will come back after the attack is over. not sure how DGC will be "dead"?
Is the dev going to be adding checkpoints every 10 blocks? Because that's about all a 51% attack takes, and the truth is, it's really difficult to notice initially unless you're actually watching a live version of the blockchain. Since most alt-coins have either no blockchain explorer or a very poor one, I will not be surprised when we uncover that most of the alt-coins have already been attacked. The only way to somewhat protect yourself in this case would be to have 100 block confirmations on deposits to exchanges, and checkpoints every 50 blocks. Pools would only have to download a new client every few minutes.
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rbdrbd
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June 17, 2013, 07:04:07 PM |
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ZeroCool gunna git ya!
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 17, 2013, 07:07:16 PM |
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The dev sold all his DGC and wants to buy back cheap.
The best way to do that, is by creating panic.
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Joerii
Legendary
Offline
Activity: 1274
Merit: 1050
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June 17, 2013, 07:10:35 PM |
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Could someone please to me in baby language what you can actually do when you control 51% of the network hashrate ?
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Hypercube - get the attention you deserve
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anderl
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June 17, 2013, 07:13:19 PM |
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Could someone please to me in baby language what you can actually do when you control 51% of the network hashrate ?
stop transactions from being confirmed, spend coins many times more than you have at exchanges.
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gica_contra
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June 17, 2013, 07:41:25 PM |
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Could someone please to me in baby language what you can actually do when you control 51% of the network hashrate ?
stop transactions from being confirmed, spend coins many times more than you have at exchanges. yep, good fun will be had by all
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dubs
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June 17, 2013, 07:49:00 PM |
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yay let the fun begin
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blockzett
Newbie
Offline
Activity: 11
Merit: 0
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June 17, 2013, 08:02:16 PM |
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You know, this is the best PR action DG-Coin got in the last few days....? Just keep it going. "Let the games begin..." omg, come on guys.
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 17, 2013, 08:13:16 PM |
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You can hate or like BitcoinExpress for what he is or what he does, but if he can do it, others can too. The fact that he openly talks about it, makes us more aware of the dangers that exist.
You can ban him from Bitcointalk.org but it doesn't change the danger to any low hashrate altcoin at the moment.
If you want to protect your coin against a 51% attack, put your hashrate at it or don't complain.
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jasonslow
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June 18, 2013, 12:32:38 AM |
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Waiting here if BCX can really do this.
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