Serious warning to everyone before reading this...please back up your wallet.dat file - if you lose this you'll lose all of your Infinitecoins.
OK...following the discussion in the main Infinitecoin thread at
https://bitcointalk.org/index.php?topic=225891.1340 about to fork or not to fork - that is the question. I was initially thinking that going with the new blockchain fork was not a good idea, but everything seems to be pointing to the new fork winning the day. Although the block explorer has confirmed that block 246954 was found today, my home PC has still been showing only 246953 blocks . Shutting down and restarting Infinitecoin has given a message that I've never seen before "Exception11DBException DB::put:Cannot allocate memory infinitecoin in ProcessMessages(). All in all, the old blockchain isn't looking very healthy from what I can see.
I've just tried backing up, then deleting the contents of the .infinitecoin directory on my home PC, to see what blockchain it would naturally sync to. It has ended up downloading and synching to what seems to be the monocolor fork. Blocks seem to be passing by at a reasonable rate on this fork.
As far as I understand, bitcoin conventions say the longest chain wins, which again favours the monocolor fork.
As far as I understand, posters in the main Infinitecoin thread are correct in saying that (apart from mined generation rewards), no transactions should be lost if we switch chains, even transactions between blocks 246948 and 248954 .
There is however a small "double spend" risk whilst 2 forks exist as far as I've read.
Some info from when bitcoin experienced a chain fork....
Regular users are not affected. Their transactions are included in both ledgers and don't need to change any programs.
The fix is technically straightforward, and (with the exception of coins "mined" in the last couple of hours) users' Bitcoins are not in any danger of being lost
I'm proposing that we accept the monocolor fork on TreasureQuarry. I'll personally pay out to TreasureQuarry miners any block-generation losses from blocks 246948 to 248954 .
This equates to
Block 246953 Generation: 131072 + 2.2 total fees
Block 246954 Generation: 131072 + 0 total fees
Comments from
current miners are welcome.
updated: I'm currently downloading what seems to now known as the "correct blockchain" to TreasureQuarry. Mining will probably stop or be at 100% rejects whilst the blockchain is being downloaded. We should then be mining the "correct" (monocolor) blockchain. There is no need to adjust your miner.
To get the new ("correct","monocolor") blockchain on your pc please follow tokyoghetto's post at
https://bitcointalk.org/index.php?topic=225891.msg3236233#msg3236233