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Topic: a funny thing happened to namecoin last night (Read 1097 times)

sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
August 22, 2014, 06:14:51 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.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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?
member
Activity: 111
Merit: 10
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.
hero member
Activity: 504
Merit: 500
sucker got hacked and screwed --Toad
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.

full member
Activity: 472
Merit: 100
Gamblica Pre-Sale launch 01.03.2018!
I don't think it's funny  Sad
legendary
Activity: 1264
Merit: 1008
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? 

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