Who is more arrogant? BitcoinEXpress or CoinHunter?

[kjlimo]

Gotcha, so I guess I gotta read up on merged mining to see what the heck that is and why it helps. 

But ya, I'm sold (I even voted for BEX in the pole).  This is a horrible time to mess with it.  the only thing that could "save" it is an equal effort of hash power to get to that block faster than whatn BEX plans to attack it, yes? 

So as long as namecoin has some followers, they can succeed, yes? 

Namecoin miners, please unite and fight this bad man!  If you don't start a "save namecoin" forum, then that's on you.  He posted today that you have 10 days, so I'm sure it's possible to get some support, just ask...

[1713471526]

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[doublec]

Keep in mind if he has 1 terre hash commited, then thats 1 terre hash less that will be mining bitcoins, so enjoy the lower difficulty for regular bitcoins!

Nope, once he hits block 19,200 he can merge mine. This allows him to earn bitcoins and attack namecoin at the same time.

[HolodeckJizzmopper]

CosbyCoin makes some valid points against BitCoinExpress' motivations, and the more I think about it, it seems that BitCoinExpress is using his personal 68 GHash/S and pledged ~1 THash/S to masturbate with Namecoin in some weird Bond-Villain sex fantasy.

[Cosbycoin]

CosbyCoin makes some valid points against BitCoinExpress' motivations, and the more I think about it, it seems that BitCoinExpress is using his personal 68 GHash/S and pledged ~1 THash/S to masturbate with Namecoin in some weird Bond-Villain sex fantasy.

+1,000,000

[Cosbycoin]

Keep in mind if he has 1 terre hash commited, then thats 1 terre hash less that will be mining bitcoins, so enjoy the lower difficulty for regular bitcoins!

Nope, once he hits block 19,200 he can merge mine. This allows him to earn bitcoins and attack namecoin at the same time.

We don't need nearly that much firepower and in reality, it is pledged. Now the even worse news. NMC has a lame network speed of less than 35 GH/s and the 51% mark is only is 17.51 GH/s.

Most of the pledged pool will be from exactly that, from a pool operator with an axe to grind with Vinced, that has pledged to help.

Even if the pool operator doesn't come through, by myself I could take NMC on and know for a fact I have another 50-60 GH/s of reliable partners. As ArtForz will tell you, this attack is doable at 25%, slow but doable. 51% gives us total control.

Again I am sure ArtForz will verify if I wanted to be a dick, even by myself with 68 GH/s I could have done this silently in real time.

Finally, we are going to run it way past 19200...

~BCX~

Wow the plot thickens. So this is also a plot against vinced as well? This is starting to sound like a kindergarten "my daddy will kick your daddy's ass" fight.

[doublec]

Most of the pledged pool will be from exactly that, from a pool operator with an axe to grind with Vinced, that has pledged to help.

You jest, vinced hardly ever talks to anyone and waits weeks before sending responses. It'd take years to build up enough of a conversation to get a decent grudge going.

[mrb]

Now the even worse news. NMC has a lame network speed of less than 35 GH/s and the 51% mark is only is 17.51 GH/s.

No. You need to add 35 Gh/s to be at 50% of the total.

[Cosbycoin]

BitcoinEXpress' actions are like using actual humans in a crash test of a particular model vehicle as opposed to using crash dummies.

"In the name of science I will destroy that which has value and has a solution on the way (merged mining) in order for the results to benefit bitcoin."

[mrb]

Most of the pledged pool will be from exactly that, from a pool operator with an axe to grind with Vinced, that has pledged to help.

You jest, vinced hardly ever talks to anyone and waits weeks before sending responses. It'd take years to build up enough of a conversation to get a decent grudge going.

Don't have any knowledge of why, but they approached me to help out.

"Nearly 1Th/s" you said this pool's capacity was? Only ArsBitcoin fits that description at currently 700 Gh/s. All other pools are either smaller or much larger. Unless it is a private pool... Or a larger pool who will commit only a fraction of its capacity... (Cue the "I told you so we shouldn't let the big pools control x% of the network").

[MrWizard]

Most of the pledged pool will be from exactly that, from a pool operator with an axe to grind with Vinced, that has pledged to help.

You jest, vinced hardly ever talks to anyone and waits weeks before sending responses. It'd take years to build up enough of a conversation to get a decent grudge going.

Don't have any knowledge of why, but they approached me to help out.

"Nearly 1Th/s" you said this pool's capacity was? Only ArsBitcoin fits that description at currently 700 Gh/s. All other pools are either smaller or much larger. Unless it is a private pool...

A public pool that large is mining bitcoins.  If they switch to mining poison namecoins users will rise up and abandon the pool ( no BTC income).  So it is a private pool OR NO SUCH POOL EXISTS.

[Lolcust]

I like the term "poison namecoins"

Reminds me of those pesky poison critters from Half-Life games.

[Frozenace]

Not me, but I do work for Apple in Cupertino LOL...

BitcoinX, I'm sure your employer would approve. First thing about public relations is not to represent the people you're not allowed to represent.

[iopq]

Most of the pledged pool will be from exactly that, from a pool operator with an axe to grind with Vinced, that has pledged to help.

You jest, vinced hardly ever talks to anyone and waits weeks before sending responses. It'd take years to build up enough of a conversation to get a decent grudge going.

Don't have any knowledge of why, but they approached me to help out.

"Nearly 1Th/s" you said this pool's capacity was? Only ArsBitcoin fits that description at currently 700 Gh/s. All other pools are either smaller or much larger. Unless it is a private pool...

A public pool that large is mining bitcoins.  If they switch to mining poison namecoins users will rise up and abandon the pool ( no BTC income).  So it is a private pool OR NO SUCH POOL EXISTS.

they'll mergemine at 19200, duh

[Bitcoin Oz]

I think microsoft has  a term for this. Its called stabbing the baby.

[kano]

Hmm - well the flaw in bitcoin is obvious and the band-aid is well known also.
Simply: put hashes directly into the client thus you have a point that people using the client cannot go back before since the new chain will fail the hash tests.
Obviously anything after the last hard coded hash can be lost - but regular updates would help keep a lot of the chain safe.
Or you could break the unwritten law and centralise those hashes somewhere
Of course this can end up with two chains with the same root but of course everyone using the 'official' client will not take on the interloper unless they start after the last hard coded hash.

My only question about 51% is - only adding 51% of the current hash power?
I would have thought you would have had to have >50% of the total running hash power ... ... i.e. add >100% of current
Coz just adding 51% gives you ~33.8% of course

... ... and I guess I better not point out a post I made when IXCoin started ...
https://bitcointalk.org/index.php?topic=36218.msg452501#msg452501

meaning: go kill IXcoin - not namecoin
You are already restricting your test to something less than the real thing - make that restriction a bit more and see if you can really do it with IX
No need to kill a chain that actually does something (unlike IX, I0 or SC)

(Yes I also think the joined mining thing is a bad idea: if your hash-chain is failing - con people from the strongest one?
Seriously you don't think anyone will be unhappy about that?
Well I will say that solution deserves what hate it gets
... and I'm sure if IX, I0 or SC did it, way more people would be unhappy about it)

[joulesbeef]

I dont know why you dont look to prosecute. There are rules to how you expose flaws. You dont steal from a bank just to say "hey their is a flaw here" or you will go to jail. These guys are trying to hang on the idea that this currency is virtual and therefore doesnt have real value, much like wow gold and wow items, but wow gold isnt used to buy real life items. wow gold isnt traded on an exchange. People like bitcoin express are prosecuted for this kind of shit every day and if yall let him play hacker with impunity, then btc deserves to die.

[Lolcust]

I'd like to remind everyone that so far, bitcoin-police has not yet gained the ability to put people in jail

[Tomatocage]

I'd like to remind everyone that so far, bitcoin-police has not yet gained the ability to put people in jail

LOL jail is the last thing I'd be worried about

[joulesbeef]

for sure the bitcoin police dont have the power, but if this guy is in the us or pretty much any western nation, he can be prosecuted.

There is a reason for the testnets, he chooses to be a douche and really he should pray for prosecution, you start to screw with peoples money, well you could be looking for bigger problems than prosecution. But hey he aint bitcoinexpress aint scared. He doesnt care how many people he makes lose money.

[Cosbycoin]

A lot of bickering going on in here.

More mining less complaining/bitching please.