joelao95 (OP)
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Coin of the Magi!
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August 23, 2017, 12:47:49 PM |
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My vote: Pick up where the pools left off. No rollback.
That's what I meant, if that part was not clear in the post. * Though I prefer starting from where all pools were down, *
Block #1450090, GMT: Tuesday, August 22, 2017 6:04:25 AM, before this, PoM pool was just down. |
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Blurb
Jr. Member
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August 23, 2017, 12:56:36 PM |
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Cryptopia typically delists coins that do rollbacks, I would try to avoid that route, tho the fork is fairly large at this point, so, in a certain sense, there is going to be a rollback of half the fork...Pffft
Banning old nodes means they never learn about new blocks at the end of the new chain, so they are just going to go along happily on their own fork oblivious to the new blocks, not really a good idea...
Better to pick a chain, and throw a hard checkpoint on it
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malafaya
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August 23, 2017, 12:58:58 PM |
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I vote for no rollback.
Current chain on 104.128.225.215 is perfectly valid and one should stick to the immutability of the blockchain as much as possible.
We could argue the chain is "not fair", but actually same rules applied to everyone. No group had explicit benefit, it was a matter of luck, of sticking to the "right" fork.
We have seen rollbacks in the past for other coins, but usually they were due to serious matters (e.g. ETH vs ETC), and still these were not without drawbacks.
I don't see why we should choose a rollback rather than no rollback in this case.
Some people had some benefit? Sure did. But they also risked their hashing power with a possible zero result in the end.
And what is a week or two or three in mining for a coin with three years of mining history? Do we really need to take such measures?
And what about other people who were (or still are) unaware there is a problem with the chain but happen to be on the right one? It won't be fair for them either.
And possible transactions made around but right after the "rollback threshold"? Rolled back. Fair to whom?
So, rolling back is choosing "fair approach #1" versus "fair approach #2", namely "fair for miners" instead of "fair for users".
In this case, I'd choose to keep the blockchain as "immutable" as possible: no rollback, keep the chain on 104.128.225.215, the current "main peer".
This is just my opinion.
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Vitalik_Pedik
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August 23, 2017, 12:59:55 PM |
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I think that after accepting plan with testing fixes with roollback to #N block we must bring this plan to as much as possible people to avoid potential money loss. At least post it to first page of this forum.
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orcanice
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August 23, 2017, 01:01:02 PM |
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I vote for NO ROLLBACK.
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Vitalik_Pedik
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August 23, 2017, 01:03:37 PM |
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All voters against plan of dev simple try to save solo-mined coins in period of low diff. We should not listen to them, because news about rollback was previously announced.
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malafaya
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August 23, 2017, 01:06:54 PM |
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All voters against plan of dev simple try to save solo-mined coins in period of low diff. We should not listen to them, because news about rollback was previously announced.
Not all. I don't have much to "save" as most of what I solo-mined generated forks in my wallet which were used to debug the situation and help the devs. Also, they have to be sure they were on the right fork... |
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My9bot
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August 23, 2017, 01:07:09 PM |
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All voters against plan of dev simple try to save solo-mined coins in period of low diff. We should not listen to them, because news about rollback was previously announced.
pls have a look https://en.wikipedia.org/wiki/Blockchain |
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akuci
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August 23, 2017, 01:22:13 PM |
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Any worth of solo mining with 300mh?
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Vitalik_Pedik
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August 23, 2017, 01:23:46 PM |
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All voters against plan of dev simple try to save solo-mined coins in period of low diff. We should not listen to them, because news about rollback was previously announced.
pls have a look https://en.wikipedia.org/wiki/BlockchainWe have unknown bug in algo, therefore this is a forced measure |
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Vitalik_Pedik
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August 23, 2017, 01:26:35 PM |
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Any worth of solo mining with 300mh?
This also applies to those who buy hash on nice or mrr services. |
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jcreyesb
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August 23, 2017, 01:27:51 PM
Last edit: August 23, 2017, 02:01:31 PM by jcreyesb |
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what about magi? is possible solo minig??
is ready wallet Linux 1.4.2 version ?
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abbeytim
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August 23, 2017, 02:05:09 PM |
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problem is a rollback isn't gonna fix the issue it will just happen again unless they can figure out whats causing it
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gunka
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August 23, 2017, 02:12:12 PM |
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I vote for no rollback.
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bfons
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August 23, 2017, 02:16:46 PM |
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Damned if you do, Damned if you don't...
Do what is best for the future of the coin
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Vitalik_Pedik
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August 23, 2017, 02:20:00 PM |
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problem is a rollback isn't gonna fix the issue it will just happen again unless they can figure out whats causing it
Dev will rollback only after fixing issue, current chain will help to test this fix. |
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Lightsplasher
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August 23, 2017, 03:17:23 PM |
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As I have said previously I think PoW rewards should be set to zero or removed as soon as possible until things are fixed. This would be a clear message to stop PoW mining.
I think a rollback at this point is a bad idea. Just because the main exchanges are closed does not mean that people are not trading. Not everyone reads this forum. The exchanges are showing a publicly traded price that people are expecting. Say, anyone want to trade XMG right now for maybe 2500 sat? Half off, today only, better get it while it is hot. LOL. (Just kidding!)
To spell it out clearly, a trade made with coins now would be rolled back and reappear magically in your wallet and disappear in some other wallet if the rollback happens, yes?
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bfons
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August 23, 2017, 03:30:28 PM |
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As I have said previously I think PoW rewards should be set to zero or removed as soon as possible until things are fixed. This would be a clear message to stop PoW mining.
I think a rollback at this point is a bad idea. Just because the main exchanges are closed does not mean that people are not trading. Not everyone reads this forum. The exchanges are showing a publicly traded price that people are expecting. Say, anyone want to trade XMG right now for maybe 2500 sat? Half off, today only, better get it while it is hot. LOL. (Just kidding!)
To spell it out clearly, a trade made with coins now would be rolled back and reappear magically in your wallet and disappear in some other wallet if the rollback happens, yes?
Makes sense to me. Whats to stop me or anybody else from firing up a GPU and mine with more than a CPU at the moment. Another issue I see is the lack of centralized updates. I went to the Twitter account listed on the 1st page and I "think" I hit an old twitter account as there is another similar named account with updated information..  |
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malafaya
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August 23, 2017, 03:37:08 PM |
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As I have said previously I think PoW rewards should be set to zero or removed as soon as possible until things are fixed. This would be a clear message to stop PoW mining.
I think a rollback at this point is a bad idea. Just because the main exchanges are closed does not mean that people are not trading. Not everyone reads this forum. The exchanges are showing a publicly traded price that people are expecting. Say, anyone want to trade XMG right now for maybe 2500 sat? Half off, today only, better get it while it is hot. LOL. (Just kidding!)
To spell it out clearly, a trade made with coins now would be rolled back and reappear magically in your wallet and disappear in some other wallet if the rollback happens, yes?
This seems acceptable. Although I wouldn't remove PoW altogether (we need it for testing the fix and move the chain), I would deem the block reward unprofitable for mining but still above dust level (say 0.1 XMG?). I just fear this may complicate things a bit for the next releases. I still dislike the idea of a rollback. |
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bfons
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August 23, 2017, 03:39:00 PM |
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This seems acceptable. Although I wouldn't remove PoW altogether (we need it for testing the fix and move the chain), I would deem the block reward unprofitable for mining but still above dust level (say 0.1 XMG?). I just fear this may complicate things a bit for the next releases.
I still dislike the idea of a rollback.
That sounds like a great idea |
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