negerkolle (OP)
Newbie
 Offline
Activity: 59
Merit: 0
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July 25, 2013, 09:45:48 AM |
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The last 24 hours TRC has been attacked and successfully forked. Difficulty is stuck at 5k, and someone is generating crazy amount of coins. Transactions do no longer work, and if you try to look in your client it will say it is 2 hours behind the network a lot of the time because of the huge amount of blocks that are being sent through. I have tried contacting the exchanges to have them suspend TRC trading, but no answer. I recommend everyone who have coins on the exchanges to sell them or cancel your buy orders. When the attackers start dumping their coins price will go to 0. If you are holding TRC outside the exchanges it is game over as you can not move them anywhere anymore. More info: http://www.terracointalk.org/index.php/topic,348.0.htmlIf you found this warning useful, please send BTC tip to: 16bPnhFN4R99GPoupPNwXYP9yF6F54cVEZ |
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Whoever mines the block which ends up containing your transaction will get its fee.
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z0rr0
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July 25, 2013, 10:35:40 AM |
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BTC-e implemented 100 transaction confirms for TRC, as for FTC when they were attacked.
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negerkolle (OP)
Newbie
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Activity: 59
Merit: 0
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July 25, 2013, 10:39:23 AM |
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That is what I am saying, if you do not have coins on the exchanges you can kiss your money good bye. If you however have TRC on the exchange you should dump them right now and if you have buy orders you need to cancel before you buy worthless coins.
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z0rr0
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July 25, 2013, 10:44:28 AM |
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At coinotron, all coming blocks become orphans, without exceptions...
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cryptrol
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July 25, 2013, 10:55:45 AM |
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See the nice leet sell orders ?   Nice sense of humor. |
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negerkolle (OP)
Newbie
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Activity: 59
Merit: 0
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July 25, 2013, 11:07:02 AM |
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At coinotron, all coming blocks become orphans, without exceptions...
Yep, the attackers are orphaning all the blocks they do not mine themselves. Mining TRC right now is 100% waste of time. This coin is dead  |
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rav3n_pl
Legendary
Offline
Activity: 1361
Merit: 1003
Don`t panic! Organize!
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July 25, 2013, 11:26:18 AM |
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z0rr0
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July 25, 2013, 11:29:46 AM |
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Lohoris
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July 25, 2013, 11:30:17 AM |
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Mining TRC right now is 100% waste of time. This coin is dead Not that other alt-coins are in better shape. They aren't dead only because nobody bothered to attack them. |
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markm
Legendary
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Activity: 2940
Merit: 1090
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July 25, 2013, 11:33:16 AM |
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All of which was known before the launch so its not exactly news. The chance to crew a bunch of people out of a bunch of money is just too good to pass up though eh so likely we'll still see more launches.
-Markm-
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sinner
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July 25, 2013, 11:35:31 AM |
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What did the attacker gain by forking TRC?
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rav3n_pl
Legendary
Offline
Activity: 1361
Merit: 1003
Don`t panic! Organize!
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July 25, 2013, 11:46:46 AM |
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markm
Legendary
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Activity: 2940
Merit: 1090
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July 25, 2013, 11:51:44 AM |
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What did the attacker gain by forking TRC?
Maybe some small increase in public awareness that these chains are not viable investments? Blockchains are so insanely expensive to secure that trying to secure lots of them without even merging them is pretty stupid/pointless (except as scams to grab a fast buck, or course...) -MarkM- |
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negerkolle (OP)
Newbie
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Activity: 59
Merit: 0
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July 25, 2013, 11:53:32 AM |
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What did the attacker gain by forking TRC?
The Earth and everything that's in it, And - which is more - you'll be a Man, my son! |
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Arbitrageur
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July 25, 2013, 12:00:39 PM |
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so what's the story? updates?
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Gordon Bleu
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July 25, 2013, 12:11:58 PM |
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every 2 min. 20 Terracoins
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z0rr0
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July 25, 2013, 12:21:58 PM |
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so what's the story? updates?
Update: orphanes are still coming at coinotron... |
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negerkolle (OP)
Newbie
Offline
Activity: 59
Merit: 0
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July 25, 2013, 12:26:02 PM |
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so what's the story? updates?
I repeat THIS IS NOT A DRILL! THIS IS NOT A DRILL! If you are lucky enough to have TRC at an exchange, dump now. It will be worthless by nightfall! |
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rav3n_pl
Legendary
Offline
Activity: 1361
Merit: 1003
Don`t panic! Organize!
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July 25, 2013, 12:33:32 PM |
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worldinacoin
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July 25, 2013, 12:37:35 PM |
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Waste of time coming up with new alt-coins to be attacked again and again. next time if anyone wants to come out with a coin, make sure they had it protected, do not waste miners' times and hashing power.
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