What makes you think so...? If Bittrex is on the right chain
Because they are connected to the public seed nodes and those seed nodes broadcast this chain to them.
why the blocks there are delayed so much (last block received more than 10 hours ago!).
They are at different block (not this one displayed) because their wallet is disabled. So actually you do not know at which block they are. I was also thinking about moving my coins from the cold wallet to staking wallet, but amount I own is too small to speed things up. However, all those things are not essential here.
That's why I said that if Cryptopia will lose a single coin a single coin on rolling back we, as community, will refund it. It's Bittrex delisting us at the moment so I am trying to make sure no one will lose his coins when they will remove the wallet. Thus my goal is to let people withdraw their coins as soon as possible.
Bittrex is about 3000 blocks behind!
As we all know, the right chain is the longest chain, this is the golden rule of crypto, isn't it?
I guess you should contact Vitalik Buterin, maintainer of 2nd (market cap) cryptocurrency and talk to him about golden rules of crypto...
The sad facts are:
- no one cares about golden rules
- repo owners define checkpoints, so developers overcome golden rules
- check point servers overcome golden rules
- if golden rule had been decider then most of alts would have had to die within few weeks after start, that's why people follow devs, not the chain
- if golden rule had been decider then 8BIT would have had to die several times because of the multiple forks
- weakness of 8BIT code making it unable (or taking ages) to reconnect bigger amount of blocks is actually an advantage since it prevents 51% attack, this is a serious golden rule violation but provides extra safety as long as use this code (while I have announced that this code should be replaced with a fresh code base - so this violation is temporary thing - not a standard)
My masternodes are on the same chain as Cryptopia, they have 14 and 36 connections respectively, and chain moves fast, just as it should. So I assume the majority of the network is on the longest chain too.
Feel free to take over Bittrex wallet/chain recovery process, I have no a single coin there (my 8BITs have been withdrawn in 2015) so I am not taking any benefits here and therefore not gonna enforce my actions.
Finally, when we talk about PoS-coins especially with often diff adjustment, the golden rule meets a serious trouble. Let's assume higher minting power becomes delayed or stopped or just disconnected from the most of nodes for some reason. Also, once disconnected does not produce blocks for some short period. Meanwhile, smaller power keeps minting and the chain continues. Because we often adjust diff, then the smaller power quickly starts to produce blocks in designed time. At the end of the day we can have two chains - longer one with much smaller minting power and shorter one with much higher one... And because bigger power operates on much higher diff it will never catch it up.
It is not possible in Bitcoin as diff there is adjusted every 2000+ blocks (also adjustment is limited), so smaller power is not able to catch up the bigger one. But with all those typical PoS alts with insignificant number of staking nodes it's actually extremely easy.
I see your point and value the insight provided by you (though not all the arguments seem valid/clear to me, but it is an interesting technical discussion, which we could carry elsewhere, if we want to). But it looks like after the activity we had on Cryptopia, sticking to the short chain could create big problems with our only exchange, and I don't see any advantage in doing so... I am open to any decision, but we need to be wise here.