Bitcoin Forum
May 14, 2024, 07:36:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: a funny thing happened to namecoin last night  (Read 1083 times)
hashman (OP)
Legendary
*
Offline Offline

Activity: 1264
Merit: 1008


View Profile
August 22, 2014, 05:44:28 AM
 #1

http://namecha.in/block/c71a334e1fe49f2746f18808127c22ed0f53686dbdbf7cc0d257fdd3f9c8a79f

After a number of very large aggregating TXs started to circulate mempools filled up and it looks like around block 192328 miners started to asphyxiate.  Hash rate went way down (factor of 5-10 ?) and no TXs went through for several hours.  I found only one short thread about this in a namecoin forum and even that was edited later downplaying the event. 

Would these kind of TXs on the bitcoin classic network also cause problems? 

Fioraver
Full Member
***
Offline Offline

Activity: 472
Merit: 100


Gamblica Pre-Sale launch 01.03.2018!


View Profile
August 22, 2014, 08:45:56 AM
 #2

I don't think it's funny  Sad

Vortex20000
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500

sucker got hacked and screwed --Toad


View Profile WWW
August 22, 2014, 09:03:23 AM
 #3

It's funny.

I don't think this should happen. Maybe only a slight delay. The bitcoin network is over 256 times faster than the world's top 500 supercomputers together.

Still, I'm no bitcoin expert. Wait for a Sr. Member or something. Those guys know what they're talking about when it comes to code... mostly.


BitcoinBadger
Member
**
Offline Offline

Activity: 111
Merit: 10


View Profile
August 22, 2014, 09:12:12 AM
 #4

I don't think it's funny  Sad
Its funny, nothing serious. Bitcoin network is very huge and fast, there won't be any serious problem.
Bit_Happy
Legendary
*
Offline Offline

Activity: 2100
Merit: 1040


A Great Time to Start Something!


View Profile
August 22, 2014, 09:19:57 AM
 #5

I thought Namecoin enjoyed security from the merged mining with BTC. Is it safe or not?
If "safe", then why so long with no transactions going through?

FUR11
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250

FURring bitcoin up since 1762


View Profile
August 22, 2014, 11:14:51 AM
 #6

It's funny.

I don't think this should happen. Maybe only a slight delay. The bitcoin network is over 256 times faster than the world's top 500 supercomputers together.

Still, I'm no bitcoin expert. Wait for a Sr. Member or something. Those guys know what they're talking about when it comes to code... mostly.



Are you comparing hashing power with the power to actually validate and confirm transactions? Hashing is merely a means of limiting the amount everyone can contribute to the network. You could theoretically "run" the miners on a handful Pentium 4 computers.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!