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Topic: [ANN] [BLTZ] [IPO Hybrid] BlitzCoin | proof of concept coin | pure speculative - page 43. (Read 200970 times)

full member
Activity: 154
Merit: 100
Unfortunately without PoS, once mining rewards die off along with mining hash rate: maintaining mining through transaction fees is no longer secure.  This is why this will not go as high as BC.

they already said it will be cpu mined later (thinking by op or something) to maintain the network, and you could if you wanted. Now I am pretty sure they have a way or will have a way to prevent 51% attacks just like cdex locks down their accounts on btc when their rate comes close and dogehouse does same.

That's the issue CPU mining on a few nodes is not enough hash to secure the network.  I have the same problem with my coin right now.. unless it's POS, mining coins are really weak when hash power is low.  Maybe they can workaround it in other ways... or perhaps the best thing to do is hard fork over to POS at a certain block.
full member
Activity: 140
Merit: 100

Sorry for the noob question, but is there anything the dev could have done to avoid this kind of problems ? I see a lot of people blaming the dev but I always assumed that forks are like taxes, part of life xD.

no, nothing I could do. he was pressuring  me to relaunch the coin that have more than 6Gh/s
all other forked pools adopted in first hour, but he maintained fork for hours.

I think I'm sure the dev of this coin is a 13-14 yo kid without any idea how bitcoin/nodes/peers etc. work.

Of course he was able to do multiple things to let the coin NOT fork at launch, look at all the other coinlaunches without problems.

The dev is a total retard, that alone makes the coin absolutely worthless.

You cannot simply shut down a pool with 800mh/s and "resync" to an other fork assuming this is the correct one. A pool is no "windows box" which you reboot every 5 hours and shit on the users and its hashrate, you try to give them a decent service not a "f*ck you all, I'll delete everyone coins and simply jump on the other fork".

It was not just me who said you should relaunch your trash-coin, it was several users, of course NOT the users on one of the other forks.

Now, a day after the launch you STILL haven't got your coin under control moron.



I like a little baby, I can't go a day without calling people names. I need a l0 llyp 0p.
full member
Activity: 140
Merit: 100
Unfortunately without PoS, once mining rewards die off along with mining hash rate: maintaining mining through transaction fees is no longer secure.  This is why this will not go as high as BC.

they already said it will be cpu mined later (thinking by op or something) to maintain the network, and you could if you wanted. Now I am pretty sure they have a way or will have a way to prevent 51% attacks just like cdex locks down their accounts on btc when their rate comes close and dogehouse does same.
member
Activity: 77
Merit: 10
When will we receive IPO coins?  Smiley

The first page of this thread says

IPO Hybrid will be paid in next 24 hours.
I'll address everyone personally (PM) to get address etc.
Kindly asking not to send PM as it will be lost in tons of PMs
newbie
Activity: 42
Merit: 0
When will we receive IPO coins?  Smiley

IPO shares will be paid when most of us are on right chain.
I don't want no one to lose any coins.

As it seams more or less wallets are now synced well, so I might send coins really soon.
I'll be contacting everyone participated in IPO Hybrid in PM to get address. Don't post it here, as it seams it's against forum rules to post address..
sr. member
Activity: 406
Merit: 250
When will we receive IPO coins?  Smiley
newbie
Activity: 42
Merit: 0
If you can't sync with network, or stuck at the certain block:

Close you wallet
Download a new win wallet with checkpoints
Go to Start -> Run (or press WinKey+R) and run this:
%APPDATA%\BlitzCoin
delete everything, BUT LEAVE wallet.dat
create new file: BlitzCoin.conf and add:
server=1
rpcuser=USER
rpcpassword=PASSWORD
addnode=cryptexplorer.com


start your wallet again and it should sync to the right chain



Win wallet with checkpoints.
If you have sync issues it's strongly recommended to update to new wallet.
https://docs.google.com/uc?id=0B3lBEhr0wF7qWjhrRVdyZklrZzA&export=download
https://mega.co.nz/#!p1ZXAQiQ!u4cwJQY0br3KzQxI50sMrNdttqejwhNHLkXd_B7sum8

member
Activity: 69
Merit: 10
Any reason coins aren't going into my wallet?

sr. member
Activity: 378
Merit: 250

Its actually about time, that pool ops and miners actually start fighting back with a lot of the garbage, theses incompetent 'dev's' 1/2 assed attempts at making a coin, create huge amounts of un-necessary work for them. Supporting every shit coin is fruitless, and a poor mining & business decision. Just because some one releases a coin, it dosent make them a 'dev', just like if I sell coins on an exchange and make a few bucks it dosen't make me a 'trader'.

Say NO to shitcoins

I don't disagree with the sentiment, but the market is doing a pretty good job not rewarding the majority of these coins anyways...
newbie
Activity: 5
Merit: 0
Will someone please compile for osx?  I have tried, but unfortunately, its bitching about me being on QT5.  If I knew anything about coding, I would/could do something about it. 
legendary
Activity: 1204
Merit: 1004
Dev posts are killing my profits.... ok time to sleep good night.

you better sell as long as you can

Ok, but sell where?? Please show me a valid exchange!
is it so hard to click to page 1 and read?
maybe he should connect with vnc and do it for u, so nothing unexpected can happen!
sr. member
Activity: 420
Merit: 250
Dev posts are killing my profits.... ok time to sleep good night.

you better sell as long as you can

Ok, but sell where?? Please show me a valid exchange!
full member
Activity: 210
Merit: 100
member
Activity: 84
Merit: 10
Dev posts are killing my profits....

There isn't any profits to be made.  Mintpal already knows about the shitstorm.  You guys think this is going to be like BC you're sadly mistaken.

It'll be on a few fringe exchanges, get dumped, and forgotten.  No self-respecting exchange is going to host this daemon.



I REALLY don't like this devolved pools vs. devs thing that's happening... i'll tell you why...

I was mining FLT really early and occassionally (not full time unfortunately!) but on a regular rotation because I liked the coin. Now take some time and go over there and read through the history. That coin had a shitload of issues from launch even after it hit BTER (blocks were getting stuck for like 10 hours).

Now at some point, I was pool mining and there was a scheduled fork happening to fix an issue. So, of course, the pool I was on did NOT keep backups of wallets (Huh) and just tried to direct patch the coin. Wallet gets corrupted, results in unhappy me with too many coins being lost.

I go talk to them in their IRC, they tell me coin is fucked, dev is fucked, coin is shit, coin will never go anywhere (this about a week before BTER announcement).

Now, i'm not trying to compare coins here, but rather that it makes me pretty sad to see pool ops resort to confronting devs... it's really not your place, I would hope you'd be professional enough to remain neutral on a coin. I think whatever the quality of the coin and/or developer, it's up to the market to decide... Coins have issues, many coins are crap, many devs are crap,  but again let the market decide...

Whether you like the dev or not, you're still coming in hurting your peers (there are still some really solid pools on this coin, with solid ops) as well as miners by acting like this...

@binaryclock, I dunno man I like ya and have chatted with you many times during launches on IRC... but this seems a bit petty for you....




Its actually about time, that pool ops and miners actually start fighting back with a lot of the garbage, theses incompetent 'dev's' 1/2 assed attempts at making a coin, create huge amounts of un-necessary work for them. Supporting every shit coin is fruitless, and a poor mining & business decision. Just because some one releases a coin, it dosent make them a 'dev', just like if I sell coins on an exchange and make a few bucks it dosen't make me a 'trader'.

Say NO to shitcoins
hero member
Activity: 676
Merit: 500
Win wallet with checkpoints.
If you have sync issues it's strongly recommended to update to new wallet.
https://docs.google.com/uc?id=0B3lBEhr0wF7qWjhrRVdyZklrZzA&export=download
https://mega.co.nz/#!p1ZXAQiQ!u4cwJQY0br3KzQxI50sMrNdttqejwhNHLkXd_B7sum8




Close you wallet
Go to Start -> Run (or press WinKey+R) and run this:
%APPDATA%\BlitzCoin
delete everything BUT LEAVE wallet.dat
create new file: BlitzCoin.conf and add:
server=1
rpcuser=USER
rpcpassword=PASSWORD
addnode=cryptexplorer.com


start your wallet again and it should sync to the right chain




win wallet works fine, first i installed, i didnt even try to download wallet yesterday, waited for a day and transfered everything in seconds
newbie
Activity: 32
Merit: 0

Sorry for the noob question, but is there anything the dev could have done to avoid this kind of problems ? I see a lot of people blaming the dev but I always assumed that forks are like taxes, part of life xD.

no, nothing I could do. he was pressuring  me to relaunch the coin that have more than 6Gh/s
all other forked pools adopted in first hour, but he maintained fork for hours.

I think I'm sure the dev of this coin is a 13-14 yo kid without any idea how bitcoin/nodes/peers etc. work.

Of course he was able to do multiple things to let the coin NOT fork at launch, look at all the other coinlaunches without problems.
The dev is a total retard, that alone makes the coin absolutely worthless.

You cannot simply shut down a pool with 800mh/s and "resync" to an other fork assuming this is the correct one. A pool is no "windows box" which you reboot every 5 hours and shit on the users and its hashrate, you try to give them a decent service not a "f*ck you all, I'll delete everyone coins and simply jump on the other fork".

It was not just me who said you should relaunch your trash-coin, it was several users, of course NOT the users on one of the other forks.

Now, a day after the launch you STILL haven't got your coin under control moron.



Care to explain more about what could have been done ?.

relaunch will also delete the coins of your miners or not ? keeping the pool running in the wrong fork is even worse, that decision caused a lot of wasted electricity and the coins are lost anyways.

pool op abused other people resources by keeping it mine at his pool that was forked for hours. all other pools adopted to right fork in first hour.
coin relaunch was only solution, but network was 6Gh/s and relaunch was not an option.

abusing other people resources is serious issue. it shows how easy a pool op can abuse all gpu power in private purposes.
pool op can play with other people money and resources, and it can do what he want. because of that all users need to find a reliable pool that will not decide one day he want to use their resources for hours for other purposes..

as well, ocminer didn't provide IP for addnode, like most of the pools to be honest. adding a pool IP as addnode is reducing orphans on the pool, and making forks is almost impossible.



ok, I have to chime in because this is one of the most asinine things I have read on here......... " because of that all users need to find a reliable pool that will not decide one day he want to use their resources for hours for other purposes.."....

another dev pushing incompetence on others, pass the buck please......  on what planet would anyone believe this crap...

 isn't this the dev that disappeared twice upon launch without a word and then showed backup stating, let me simply paraphrase..." the reason for delayed launch and my disappearing act was so I can make sure there were no problems with forks and launch"Huh?.... and what has this thing done, fork about 6 times now and sent dif coins to at least 4 dif pools nowand the DEV doen't have the capacity or know-how to fix it........  checkpoint?

 and then to state "users need to find a reliable pool...."    this incompetence goes beyond finding a reliable pool... reliable pool or not they are trying to mine the dev coin...NOT "use their resources for hours for other purposes"....  how does that statement not tell you the level of incompetence of this DEV...  he's acting like evryone in here is a nooob with these statements I consider insulting to the mining community.....

....." it shows how easy a pool op can abuse all gpu power in private purposes.
pool op can play with other people money and resources...."    .......  -  

wtf, do you think we live on mars?  More pools have to take a stand and responsibility when they see this kind of incompetence like dedicatedpool did or else it just breeds more incompetent dev trying to copycat more shtcoins......
full member
Activity: 140
Merit: 100
Why the FUCK do these pools seem so incompetent to mitigate DDoS attacks I mean come on some of these pools ahve been around for a long time and you can't get this shit right. And the DDoS fucking pricks should be shot in the fucking head. Cock suckers.

"And the DDoS fucking pricks should be shot in the fucking head" - 100% agree Smiley and most of the attacks come probably from competing pools.
We get them several times a day when our hash rate is much higher than that of other pools.

We put in a lot of coins to protect against ddos attacks but not every attack can be prevented in 100%. Unfortunately, sometimes protective measures that we employ, disconnect also "real" miners.

At huge ddos (a lot of Gb/s) there is no way to tell which is a true miner and which is a attacker.

So I apologise that some of you were disconnected.


tell God to level the playing field. I have asked him for years but it appears he doesn't listen. Maybe if you ask him, he will listen.





 
full member
Activity: 149
Merit: 100
Any Blitz here??
lock here is like premine

newbie
Activity: 42
Merit: 0
Win wallet with checkpoints.
If you have sync issues it's strongly recommended to update to new wallet.
https://docs.google.com/uc?id=0B3lBEhr0wF7qWjhrRVdyZklrZzA&export=download
https://mega.co.nz/#!p1ZXAQiQ!u4cwJQY0br3KzQxI50sMrNdttqejwhNHLkXd_B7sum8




Close you wallet
Go to Start -> Run (or press WinKey+R) and run this:
%APPDATA%\BlitzCoin
delete everything BUT LEAVE wallet.dat
create new file: BlitzCoin.conf and add:
server=1
rpcuser=USER
rpcpassword=PASSWORD
addnode=cryptexplorer.com


start your wallet again and it should sync to the right chain
sr. member
Activity: 378
Merit: 250
Dev posts are killing my profits....

There isn't any profits to be made.  Mintpal already knows about the shitstorm.  You guys think this is going to be like BC you're sadly mistaken.

It'll be on a few fringe exchanges, get dumped, and forgotten.  No self-respecting exchange is going to host this daemon.



I REALLY don't like this devolved pools vs. devs thing that's happening... i'll tell you why...

I was mining FLT really early and occassionally (not full time unfortunately!) but on a regular rotation because I liked the coin. Now take some time and go over there and read through the history. That coin had a shitload of issues from launch even after it hit BTER (blocks were getting stuck for like 10 hours).

Now at some point, I was pool mining and there was a scheduled fork happening to fix an issue. So, of course, the pool I was on did NOT keep backups of wallets (Huh) and just tried to direct patch the coin. Wallet gets corrupted, results in unhappy me with too many coins being lost.

I go talk to them in their IRC, they tell me coin is fucked, dev is fucked, coin is shit, coin will never go anywhere (this about a week before BTER announcement).

Now, i'm not trying to compare coins here, but rather that it makes me pretty sad to see pool ops resort to confronting devs... it's really not your place, I would hope you'd be professional enough to remain neutral on a coin. I think whatever the quality of the coin and/or developer, it's up to the market to decide... Coins have issues, many coins are crap, many devs are crap,  but again let the market decide...

Whether you like the dev or not, you're still coming in hurting your peers (there are still some really solid pools on this coin, with solid ops) as well as miners by acting like this...

@binaryclock, I dunno man I like ya and have chatted with you many times during launches on IRC... but this seems a bit petty for you....

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