iammackinnon
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October 23, 2018, 10:48:16 PM |
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Still wouldn't consider anything that has happened to be an attack. Most likely just early investors nicehashing legitimately.
However there is concern for attack after Caliber is listed on an exchange because would be 51% attackers could rent the power required. Will have to monitor the network hash. One good option is to switch to a mining algorithm where there isn't enough hash to rent for 51%. However lots of coins are technically at risk right now by this method and don't have any issues.
The lower the nethash, the bigger the risk and lower the cost of attack.
I will dedicate some time to working on this. I'd rather have the piece of mind.
Legitimately nicehashing would result in consistant nethash over a prolonged period of time (adding to network stability). There is consitant doubling of hash power on the official server for short bursts (which looks like early investors trying to grab large amounts of coin... with over half the network hash rate on their side). I'm still contributing my rig to the network, but those 'early investors' are not in it to help the network. I don't know if there is any real way to deal with this issue other than get more on board to mine.. but I hope you are looking at ways to at least prevent massive spikes like the ones we are seeing often.
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punkyshungry
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October 24, 2018, 01:44:20 AM |
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CaliberCash (OP)
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October 24, 2018, 05:56:43 PM |
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I was referring to the fact that the network was actually getting stuck - worst one was 2 hours without a block. There was a lot of hash at this time and the difficulty was still very low. The hash was spread between 2 pools and they were finding blocks faster than they could sync with eachother resulting in multipule alternate chains. Its took a while for the longest chain with the most work to win out. It was working as it was supposed to.
Thank you for the explanation. It makes sense what you said about multiple alternate chains... Does Caliber have a plan to deal with 51% attacks? With the network hash rate as low as it is, it is susceptible (and appears to be under attack since nearly the start). Regardless of it being a couple of whales, or simply rented hash the network occasionally goes from 2M to 4M on a single pool. Since it's mostly on a pool, it doesn't seem like it's someone intentionally attacking in that way, but more of an opportunist trying to gain as many coins early on as possible. Look at the hashrate graph on https://caliber.luckypool.io/You can see that The hash rate was 1.88MH at 06:20+09:00 and jumped to 5.14MH by 07:53+09:00. It returned to 2.14MH at 08:55+09:00. From there it continues with these spikes (not nearly as great as that one). On cryptonightv8 1MH is a lot of computing power, so it's some combination of farms or rented hash that is likely causing these fluctuations. In turn that drives the difficulty up and when the hashing power suddenly drops off it leaves the rest of us to fight through. Does Caliber have any plans on how to deal with the current volatility (or does this volatility not affect the coin in any negative way?) Still wouldn't consider anything that has happened to be an attack. Most likely just early investors nicehashing legitimately. However there is concern for attack after Caliber is listed on an exchange because would be 51% attackers could rent the power required. Will have to monitor the network hash. One good option is to switch to a mining algorithm where there isn't enough hash to rent for 51%. However lots of coins are technically at risk right now by this method and don't have any issues. The lower the nethash, the bigger the risk and lower the cost of attack. I will dedicate some time to working on this. I'd rather have the piece of mind. What else do you expect when the rewards drop from 8.7 in first 10k blocks to 2.1? Not intending to speculate too much; however when looking at this from a simple supply and demand perspective there is less coins being introduced into the supply and the demand isn't going to change because of this. This is intended to have a positive effect on the price to avoid price bleeding out
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donnyespo
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October 24, 2018, 11:15:48 PM |
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im having issues with the daemon running. any remote node i can run?
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CaliberCash (OP)
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October 25, 2018, 10:51:18 AM |
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im having issues with the daemon running. any remote node i can run?
node.caliber.cash:19871 what issues are you having though?
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donnyespo
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October 25, 2018, 09:43:29 PM Last edit: October 25, 2018, 11:25:47 PM by donnyespo |
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im having issues with the daemon running. any remote node i can run?
node.caliber.cash:19871 what issues are you having though? my wallet has been running for a few days without issues then yesterday daemon failed to start: "please check your wallet daemon log for errors. You can also try to start calibred.exe manually" remote node is working..
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poorgrammer
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October 26, 2018, 08:23:35 AM |
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quality project! looking forward to exchanges ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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fabchamp96
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October 26, 2018, 09:28:11 AM |
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How does this compare to Loki ? meaning, in terms of future development ideals?
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CaliberCash (OP)
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October 27, 2018, 12:04:45 AM |
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im having issues with the daemon running. any remote node i can run?
node.caliber.cash:19871 what issues are you having though? my wallet has been running for a few days without issues then yesterday daemon failed to start: "please check your wallet daemon log for errors. You can also try to start calibred.exe manually" remote node is working.. Might be as simple as antivirus deleted caliberd? Happened to me and many others too
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ZEROtoken
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October 28, 2018, 05:28:20 PM |
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Premine is pretty big imho it's about same size as 2/3 of yearly pow phase ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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SkyDr4k3
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October 28, 2018, 09:18:48 PM |
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it's just too hard to mine. Is not worth it
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Fibbage
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November 02, 2018, 04:49:07 PM |
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Is CPU mining still viable or is it pointless?
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Leftneck
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A Blockchain Mobile Operator With Token Rewards
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November 02, 2018, 04:59:16 PM |
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Is CPU mining still viable or is it pointless?
I still use a lot for now. now it's a lot of web mining which in my opinion is easier and doesn't need to upgrade a real hardware. but basically everything can still be used and profitable.
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l3pox
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There's no need to be upset
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November 02, 2018, 09:09:32 PM |
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Is CPU mining still viable or is it pointless?
I still use a lot for now. now it's a lot of web mining which in my opinion is easier and doesn't need to upgrade a real hardware. but basically everything can still be used and profitable. but for CAL CPU mining is paying quite little, right? maybe less than 1 CAL per day?
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
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Fibbage
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November 02, 2018, 09:18:16 PM |
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Is CPU mining still viable or is it pointless?
I still use a lot for now. now it's a lot of web mining which in my opinion is easier and doesn't need to upgrade a real hardware. but basically everything can still be used and profitable. Are you talking about cloud mining? Like using services such as Azure/DO/AWS?
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Depoz216
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November 02, 2018, 10:28:22 PM |
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for mining with CPU ... it say to me that he could not connect to Damon ... I set the remote node : on address I put : node.caliber.cash .... on Port 19871 . It's Right ?? Thank you in advance
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messyjesse3
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November 09, 2018, 03:39:26 AM |
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Any price predictions of this new coin? I'll throw out a guess, $2.15 USD / CAL. What do you think?
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lemonandfriesonetwo
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November 09, 2018, 03:30:12 PM |
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Any exchanges that list CAL yet?
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