Backup your blockchains every hour. We will not submit to abuse.
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12:12 am.
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There are too many people bashing each other. The coin community as I am just getting into it seems a little bit insane at times… especially in a couple places lol geez!
At the same time I think I have learned enough to know that… Yes there are people scared of feathercoin especially after the price jump today on btce! \m/ Which I thought was kind of awesome! Kind of a punch in the face to haters everywhere! Which completely explains any sort of ddos/51% attacks. There are to many people hyped up with whatever the newest low diff coin. I can’t lie I have 7 or 8 wallets with tiny balances… It’s kind of cool to be able to receive more coins with slower hardware even if they aren’t worth anything today…
Either way I hope you guys are able to keep all this bull under control!
People should really stop putting massive amounts of hashing power per what coinchoose tells them to! F^^^!
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No seriously I would like to know how many people out there with 5+ mh/s in the past 24 hrs or… however long coinchoose has been down for… went to coinwars instead and saw feathercoin at the top of that list for the first time in a while and freaked out like wtf?! That stupid autocoin switching software according to most profitable coin of the day can screw with the whole entire crypto network for everycoin it seams…
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[quote name=“erk” post=“11398” timestamp=“1370763314”]
[quote author=drummerjdb666 link=topic=1403.msg11391#msg11391 date=1370759271]
No seriously I would like to know how many people out there with 5+ mh/s in the past 24 hrs or… however long coinchoose has been down for… went to coinwars instead and saw feathercoin at the top of that list for the first time in a while and freaked out like wtf?! That stupid autocoin switching software according to most profitable coin of the day can screw with the whole entire crypto network for everycoin it seams…
[/quote]It shouldn’t cause a problem at all, hopping from coin to coin has been going on for months and other coins are not breaking. If FTC alone is suffering it will be because the block rate was allowed to stay too high for so long, opening I security hole with confirmation delay.
[/quote]Most other coins are either stagnant or have very little long term value projections. That’s my 00000010 cents… I see it a bit differently. Either way, there’s work to be done.
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[quote name=“drummerjdb666” post=“11389” timestamp=“1370758858”]
People should really stop putting massive amounts of hashing power per what coinchoose tells them to! F^^^!
[/quote]The problem as I see it, and I could possibly most likely in fact probably be entirely, wrong, is that there should realistically be a lot of medium hash miners, spread evenly. As opposed to a few miners with super computers plugged into a small nuclear facility, pushing out the majority of the hashing on the network.
That way, the problems of mining till difficulty makes it less attractive for them and they jump back to other coins, is lessened, and the spread of the coin is more even. Rather than a few getting thousands of coins a week, and others a mere few.
The problem is there are not that many over all, I guess, at this time. So the big rigs are needed to get the network hash rate up. But this is the self-defeating cycle we’re constantly seemingly battling.
It can be compared to real mining, in a way, I guess. If everyone was prospecting with a pan, and getting reasonable amounts, then it’s a sustainable environment and evenly distributed. But when the company comes along with the explosives and blows away large chunks of land, they benefit and then move on. Leaving the others to dig through the rubble and realising it’s now a lot harder to find the same consistency that they did only yesterday.
That’s what I thought the entire concept of scrypt mining was about, to stop people with asic builds raping the environment. But this is countered with lots and lots of little gpu farms doing the exact same thing. So it’s not really changed anything… at least in my mathematically innumerate brain… ahh well.
And at the end of the day, you can’t really blame anyone for maximising their profit…
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block #33593 2013-06-08 20:00:20
block #33594 2013-06-08 18:54:31
…
block #33657 2013-06-08 18:55:23
block #33658 2013-06-09 05:15:13Either something wrong with our block explorer or someone has thrown enormous hash power into the network. 63 blocks in a minute? :o
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They are trying to scare us.
I don’t scare.
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Those time stamps must be fake. They coudn’t afford 490GH/s hash power. The whole Litecoin network is at 19GH/s currently. They generated a chain and injected it.
Forked for the 1st time at [url=http://explorer.feathercoin.com/block/cdea19897edacb3cf75fc0ef3f52e7da1eaa225da6162e3bdfd7dcb3e52f9374]#33603[/url] until #33615.
Forked for the 2nd time at [url=http://explorer.feathercoin.com/block/4e73518c3ceacdf0fdad4a3660bb6869ba71f76f31599643b40508099b305c4f]#33016[/url] until #33632.
Forked for the 3rd time at [url=http://explorer.feathercoin.com/block/085118641092cd3f0bbe25ad8ed77fe477abb7625e7b6b0a45f0f6cf4359e7a3]#33633[/url] until #33643.
Forked for the 4th time at [url=http://explorer.feathercoin.com/block/92bab979ab0b199db968cc4968604923db02c09d3b0b1b79c0872ec5895a33e9]#33644[/url] until #33656.They tried to double spend some 300K FTC, though it was 600K for the last fork. I guess they have managed to make those extra 300K and got away.
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[quote name=“ghostlander” post=“11505” timestamp=“1370778046”]
Those time stamps must be fake. They coudn’t afford 490GH/s hash power. The whole Litecoin network is at 19GH/s currently. They generated a chain and injected it.Forked for the 1st time at [url=http://explorer.feathercoin.com/block/cdea19897edacb3cf75fc0ef3f52e7da1eaa225da6162e3bdfd7dcb3e52f9374]#33603[/url] until #33615.
Forked for the 2nd time at [url=http://explorer.feathercoin.com/block/4e73518c3ceacdf0fdad4a3660bb6869ba71f76f31599643b40508099b305c4f]#33016[/url] until #33632.
Forked for the 3rd time at [url=http://explorer.feathercoin.com/block/085118641092cd3f0bbe25ad8ed77fe477abb7625e7b6b0a45f0f6cf4359e7a3]#33633[/url] until #33643.
Forked for the 4th time at [url=http://explorer.feathercoin.com/block/92bab979ab0b199db968cc4968604923db02c09d3b0b1b79c0872ec5895a33e9]#33644[/url] until #33656.They tried to double spend some 300K FTC, though it was 600K for the last fork. I guess they have managed to make those extra 300K and got away.
[/quote]Who pays for the extra 300k? Is it just randomly made? :S
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That’s a quick analysis. They could have made more or nothing at all. Although they have tried hard by combining block generation and DDoS assaults on the largest FTC pools. Someone did the homework well, a classic repeated 51% attack.
[quote]Who pays for the extra 300k? Is it just randomly made? :S[/quote]
A good question is who has suffered in this attack. Not exchanges this time.
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[quote name=“ghostlander” post=“11523” timestamp=“1370780248”]
That’s a quick analysis. They could have made more or nothing at all. Although they have tried hard by combining block generation and DDoS assaults on the largest FTC pools. Someone did the homework well, a classic repeated 51% attack.[quote]Who pays for the extra 300k? Is it just randomly made? :S[/quote]
A good question is who has suffered in this attack. Not exchanges this time.
[/quote]
Is it still safe to transfer FTC to and from our wallets? I noticed a thread about coins being lost when transferring to BTC-e. -
[quote name=“DaMooMoo” post=“11524” timestamp=“1370780749”]
[quote author=ghostlander link=topic=1403.msg11523#msg11523 date=1370780248]
That’s a quick analysis. They could have made more or nothing at all. Although they have tried hard by combining block generation and DDoS assaults on the largest FTC pools. Someone did the homework well, a classic repeated 51% attack.[quote]Who pays for the extra 300k? Is it just randomly made? :S[/quote]
A good question is who has suffered in this attack. Not exchanges this time.
[/quote]
Is it still safe to transfer FTC to and from our wallets? I noticed a thread about coins being lost when transferring to BTC-e.
[/quote]Your coins are safe in your wallets. BTC-e may be screening incoming transfers.
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well, my wallet just had 841.99532139 coins that I’ve had for some time now all of a sudden show up as unconfirmed (while my client was open then went out of synch) and depleting that amount from my wallet. I’m assuming this will correct itself eventually.
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That was a massive attack. The last block received is being shown as 17 hours back.
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[quote name=“ghostlander” post=“11528” timestamp=“1370781300”]
[quote author=DaMooMoo link=topic=1403.msg11524#msg11524 date=1370780749]
[quote author=ghostlander link=topic=1403.msg11523#msg11523 date=1370780248]
That’s a quick analysis. They could have made more or nothing at all. Although they have tried hard by combining block generation and DDoS assaults on the largest FTC pools. Someone did the homework well, a classic repeated 51% attack.[quote]Who pays for the extra 300k? Is it just randomly made? :S[/quote]
A good question is who has suffered in this attack. Not exchanges this time.
[/quote]
Is it still safe to transfer FTC to and from our wallets? I noticed a thread about coins being lost when transferring to BTC-e.
[/quote]Your coins are safe in your wallets. BTC-e may be screening incoming transfers.
[/quote]
I was more or less referring to validation of transactions in the network. Could a 51% attack render a transaction invalid if the transaction takes place during the attack? -
[quote name=“Magic8Ball” post=“11532” timestamp=“1370781468”]
That was a massive attack. The last block received is being shown as 17 hours back.
[/quote]Seems like there was a failed attempt, but our baby held.
I would recommend not doing any transaction right now.
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[quote name=“Magic8Ball” post=“11537” timestamp=“1370781756”]
[quote author=Magic8Ball link=topic=1403.msg11532#msg11532 date=1370781468]
That was a massive attack. The last block received is being shown as 17 hours back.
[/quote]Seems like there was a failed attempt, but our baby held.
I would recommend not doing any transaction right now.
[/quote]Looking forward to the lower difficulty retarget to bring additional reinforcements to the network.
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[quote name=“justabitoftime” post=“11538” timestamp=“1370781835”]
[quote author=Magic8Ball link=topic=1403.msg11537#msg11537 date=1370781756]
[quote author=Magic8Ball link=topic=1403.msg11532#msg11532 date=1370781468]
That was a massive attack. The last block received is being shown as 17 hours back.
[/quote]Seems like there was a failed attempt, but our baby held.
I would recommend not doing any transaction right now.
[/quote]Looking forward to the lower difficulty retarget to bring additional reinforcements to the network.
[/quote]Would be very interesting to hear what our tech heads have to say about this. Looked to me an attempted attack which didn’t work.
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[quote]Could a 51% attack render a transaction invalid if the transaction takes place during the attack?[/quote]
Indeed it could if the transaction got stuck in an orphaned block.
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[quote name=“ghostlander” post=“11542” timestamp=“1370782061”]
[quote]Could a 51% attack render a transaction invalid if the transaction takes place during the attack?[/quote]Indeed it could if the transaction got stuck in an orphaned block.
[/quote]Has anybody reported lost coins yet? Wonder what that 300k coins is.
