Anonymousg64
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March 29, 2014, 02:37:35 AM |
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Have I missed something? Why is the difficulty jumped so high?
5-10 ghash? no pool in the list has all this power who is taking all these blocks? now is down to 0.8-1
PoS blocks are part of difficulty calculation network hashrate shown is calculated from difficulty seriously, care to skim over previous posts?
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sia331
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Activity: 53
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March 29, 2014, 03:08:21 AM |
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HAPPY FRIDAY ... Just thought I'd let y'all know that my wallet has started PoS/Minting a few minutes ago. Exciting! mine too, seems everything works just fine Beautiful tomorrow from now on Be confident Yes, Goodwork will make tomorrow is becoming more and more beautiful! Work hard to create a better tomorrow!
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benedictlol
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March 29, 2014, 03:09:28 AM Last edit: March 29, 2014, 03:46:17 AM by benedictlol |
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hey guys having trouble with my wallet, not opened it for awhile, oops. can't seem to sync past block 51272 after unlocking/minting wallet. mac wallet eventually crashes or just sits on the same block - it seems some blocks take over 10 minutes? downloaded again and reinstalled, problem persists, any ideas folks? thanks. edit, syncing 1 block every 8 minutes or so, 8 active connections. at this rate it'll never sync .
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BeholdTheTrueWake
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March 29, 2014, 03:27:38 AM |
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someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down
someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down... so similar, interesting... I just notice things like that.
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atronite
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March 29, 2014, 03:57:45 AM |
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someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down
someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down... so similar, interesting... I just notice things like that. I think we have whales in our midst trying to get folks to buy up their fat stacks of cash so they have even more fat stacks.
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sia331
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March 29, 2014, 04:15:03 AM |
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I would like have a try to mining it.
I will try it!
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Anonymousg64
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March 29, 2014, 04:36:51 AM Last edit: March 29, 2014, 06:30:21 AM by Anonymousg64 |
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since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?
i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case
couple that with the fact the difficulty calculation includes PoS blocks, that would mean difficulty would jump to stratospheric levels making it impossible to mine PoW blocks
im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0 this can be fixed, but it will require a hard fork
I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.
i may be wrong
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winevirus
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Activity: 88
Merit: 10
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March 29, 2014, 04:41:30 AM |
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since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?
i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case
im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0 this can be fixed, but it will require a hard fork
I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.
If that was the case... Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing. I have yet to see that. Not sure if you're trying to cause panic or not. -- Edit -- A lot of coins could actually be hit by this. Doesn't seem like it'll happen.
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Anonymousg64
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March 29, 2014, 04:43:04 AM Last edit: March 29, 2014, 06:30:07 AM by Anonymousg64 |
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since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?
i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case
im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0 this can be fixed, but it will require a hard fork
I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.
If that was the case... Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing. I have yet to see that. Not sure if you're trying to cause panic or not. because no one has thought of it or tried to do it. but the fact is the logic stands for someone to be able to do it, the cost is the minimum transaction size * how long you want to maintain the attack couple that with the fact the difficulty calculation includes PoS blocks, that would mean difficulty would jump to stratospheric levels making it impossible to mine PoW blocks i may be wrong
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winevirus
Member
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Activity: 88
Merit: 10
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March 29, 2014, 04:55:04 AM |
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since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?
i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case
im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0 this can be fixed, but it will require a hard fork
I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.
If that was the case... Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing. I have yet to see that. Not sure if you're trying to cause panic or not. because no one has thought of it or tried to do it. but the fact is the logic stands for someone to be able to do it, the cost is the minimum transaction size * how long you want to maintain the attack I'm still not 100% sure I understand what you're saying.
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Anonymousg64
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March 29, 2014, 05:00:33 AM Last edit: March 29, 2014, 06:29:50 AM by Anonymousg64 |
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since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?
i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case
im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0 this can be fixed, but it will require a hard fork
I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.
If that was the case... Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing. I have yet to see that. Not sure if you're trying to cause panic or not. because no one has thought of it or tried to do it. but the fact is the logic stands for someone to be able to do it, the cost is the minimum transaction size * how long you want to maintain the attack I'm still not 100% sure I understand what you're saying. you can generate as many TXO as you want right? (granted its valid TXO and they are propagated and mined by the network, meaning it might cost the minimum transaction fee per TXO) PoS blocks are generated after a TXO has matured 20 days right? SO YOU DONT NEED 51% of SUPPLY TO DO 51% PoS block attack, infact you dont need any PoW at all to attack a PoS coin difficulty would rise to an unminable point i may be wrong
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kindness
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March 29, 2014, 05:04:35 AM |
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Scam exchange cryptorush implodes with epic drama (support staff breaks ranks) (self.Bitcoin) submitted 2 days ago by lawabider One of the support staff has broken ranks and posted this: (ref: https://bitcointalk.org/index.php?topic=529779.0 ) NOw we know get out of cryptorush all the coins
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Anonymousg64
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March 29, 2014, 05:33:05 AM Last edit: March 29, 2014, 06:42:18 AM by Anonymousg64 |
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It seemed to make sense from my limited understanding and lack of awareness in the specific algorithms for proof of stake
currently looking at the source code, its likely i was wrong
if only it wasn't such a disorganized mess i could of avoided this embarrassment
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Matni
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March 29, 2014, 07:22:58 AM |
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Have I missed something? Why is the difficulty jumped so high?
We keep popping up at number one on Coinwarz, that could explain it. We've also been added to two new exchanges, so pretty good day in regards publicity [edit] the networkhashrate has jumped up from 1.7gh/s to over 6gh/s so that's why the diff is up dont forget that PoS blocks are included in difficulty calculation, network hashrate is actually inferred from difficulty, not he other way around. might be allot of wallets generating PoS blocks right now I didn't account for POS but I don't think they would account for the 6gh/s network hash-rate. However, I think I know what was, an auto switching profit pool. Around the time the network hash-rate rocketed [we're back down below 1.5gh/s now] we were also top over on CoinWarz, so surely it would have been an auto switching pool or two jumping on the band wagon and mining until it was no longer at the top. That's my thinking anyway.
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coradan
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March 29, 2014, 07:43:00 AM |
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This is could be a proposal to Wallet Splash Window:
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coradan
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March 29, 2014, 07:49:24 AM Last edit: March 29, 2014, 08:11:57 AM by coradan |
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Here is the set: Splash Window: Wallet: Coloured Coins:
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Ragz
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March 29, 2014, 07:58:23 AM |
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Gotta say I think i'm about done with this coin....someone can enjoy my 40M coins......with the 60BTC walls that are up I don't see much future in the coin
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BeholdTheTrueWake
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March 29, 2014, 08:13:24 AM |
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Gotta say I think i'm about done with this coin....someone can enjoy my 40M coins......with the 60BTC walls that are up I don't see much future in the coin
cool, see ya
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kicker
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March 29, 2014, 08:15:46 AM |
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Gotta say I think i'm about done with this coin....someone can enjoy my 40M coins......with the 60BTC walls that are up I don't see much future in the coin
For what price are you selling them?
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