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Topic: [ANN] [BLTZ] [IPO Hybrid] BlitzCoin | proof of concept coin | pure speculative - page 45. (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.


Not expecting to go as high, half of it is enough for me, I am not a greedy person LOL  Roll Eyes
legendary
Activity: 2688
Merit: 1240

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.

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.
full member
Activity: 154
Merit: 100
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

Blitz coin is Blackcoin without the PoS.  The concept has already been proven.  BC was 7 days mining, 10,000 coin rewards, 10,000 blocks for a total of 100,000,000.  You don't even get the 1% the BC gives you or the multipool.  This is not proof of concept this is proof of copycat.

Agree but since I made a ton of btc on Blackcoin I expect to make at least half of it with the copy Smiley
full member
Activity: 274
Merit: 100
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

Blitz coin is Blackcoin without the PoS.  The concept has already been proven.  BC was 7 days mining, 10,000 coin rewards, 10,000 blocks for a total of 100,000,000.  You don't even get the 1% the BC gives you or the multipool.  This is not proof of concept this is proof of copycat.
newbie
Activity: 42
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.
full member
Activity: 154
Merit: 100
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

When you look into DIEM for example, it had a similar concept and its working fine.. Without forks.. Mining is over now but now you can trade it.. The dev had a clue about it, the pools worked well.. This coin is like driving a 30 year old car, you have to fix it every second day.. this coin even more often Smiley

It's a pure waste of energy, mine a decent x11 coin and you'll quadruple your earnings.


I thought you were a reliable, sensible person.
Such languange and attitude no matter the circumstance is only worthy of a troll.
It also seems like you were the one who f****d up in this case specifically.
Now I see I was wrong, won't be using your pools anymore either.

+1
member
Activity: 98
Merit: 10
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

When you look into DIEM for example, it had a similar concept and its working fine.. Without forks.. Mining is over now but now you can trade it.. The dev had a clue about it, the pools worked well.. This coin is like driving a 30 year old car, you have to fix it every second day.. this coin even more often Smiley

It's a pure waste of energy, mine a decent x11 coin and you'll quadruple your earnings.


I thought you were a reliable, sensible person.
Such languange and attitude no matter the circumstance is only worthy of a troll.
It also seems like you were the one who f****d up in this case specifically.
Now I see I was wrong, won't be using your pools anymore either.
full member
Activity: 154
Merit: 100
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

When you look into DIEM for example, it had a similar concept and its working fine.. Without forks.. Mining is over now but now you can trade it.. The dev had a clue about it, the pools worked well.. This coin is like driving a 30 year old car, you have to fix it every second day.. this coin even more often Smiley

It's a pure waste of energy, mine a decent x11 coin and you'll quadruple your earnings.

mate, it's mostly your pool forked.
all other pools were fine in first hour and you ware maintaining fork for hours.

Yeah, I still doesn't understand why didn't fix it right away instead of waiting the coin were lost already...

I think at the time, they were trying to make it the proper/dominant fork by getting miners to switch over cause they didn't want to lose all their coins....

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.
sr. member
Activity: 1313
Merit: 302
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

When you look into DIEM for example, it had a similar concept and its working fine.. Without forks.. Mining is over now but now you can trade it.. The dev had a clue about it, the pools worked well.. This coin is like driving a 30 year old car, you have to fix it every second day.. this coin even more often Smiley

It's a pure waste of energy, mine a decent x11 coin and you'll quadruple your earnings.

mate, it's mostly your pool forked.
all other pools were fine in first hour and you ware maintaining fork for hours.

Yeah, I still doesn't understand why didn't fix it right away instead of waiting the coin were lost already...

I think at the time, they were trying to make it the proper/dominant fork by getting miners to switch over cause they didn't want to lose all their coins....
full member
Activity: 154
Merit: 100
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

When you look into DIEM for example, it had a similar concept and its working fine.. Without forks.. Mining is over now but now you can trade it.. The dev had a clue about it, the pools worked well.. This coin is like driving a 30 year old car, you have to fix it every second day.. this coin even more often Smiley

It's a pure waste of energy, mine a decent x11 coin and you'll quadruple your earnings.

mate, it's mostly your pool forked.
all other pools were fine in first hour and you ware maintaining fork for hours.

Yeah, I still doesn't understand why didn't fix it right away instead of waiting, the coin were lost already...
member
Activity: 71
Merit: 10
When are we going to get a windows wallet with updated checkpoints?
newbie
Activity: 42
Merit: 0
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

When you look into DIEM for example, it had a similar concept and its working fine.. Without forks.. Mining is over now but now you can trade it.. The dev had a clue about it, the pools worked well.. This coin is like driving a 30 year old car, you have to fix it every second day.. this coin even more often Smiley

It's a pure waste of energy, mine a decent x11 coin and you'll quadruple your earnings.

mate, it's mostly your pool forked.
all other pools were fine in first hour and you ware maintaining fork for hours.
legendary
Activity: 2688
Merit: 1240
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?

When you look into DIEM for example, it had a similar concept and its working fine.. Without forks.. Mining is over now but now you can trade it.. The dev had a clue about it, the pools worked well.. This coin is like driving a 30 year old car, you have to fix it every second day.. this coin even more often Smiley

It's a pure waste of energy, mine a decent x11 coin and you'll quadruple your earnings.
member
Activity: 100
Merit: 10
i think this coin will be about 8000 satoshi in 2 months.

but thats just me

Are you sure you value is correct?
sr. member
Activity: 1313
Merit: 302
if i have to move back fine.... but it will cost me decreased shares for 24-48 hours... which is close to half the remaining time to mine this coin...... crappy, but oh well, I may move to a regular pool then.

Looking at the blocks in block explorer... I should have searched for blocks in first place instead of wallet addresses, but anyways.... it seems to be much better since 10:05:13 GMT today, but really bad before that...

There must have been one of the bigger nodes that was on wrong fork, or a bunch of them..... I haven't seen any of the discussion between the P2P operators, but I sort of agree with OmarG's original idea of PM'ing him for updated code.

Given all the syncing issues I am reading about.... I think its a good idea to verify that the pool operators are on proper fork before giving them the code to start a node.  What do you guys think?

just as a reference, I verified all the blocks that were not paid out on the original P2P, marked as bad.  turns out to be quite a lot.

Does this timeline line up with when the p2p pools figured out the issue ?

395424   Thu Mar 27 2014 13:40:01 GMT-0400 (Eastern Standard Time)   25cb72699bccfaabaed23c7049e8121d3c8fceea4598e8825eea0abd1301661c
395415   Thu Mar 27 2014 13:32:45 GMT-0400 (Eastern Standard Time)   2a147eb3868de8a6fb9c60d5ec60e0fefe203f780aee712285186f76ab6e26f5
395405   Thu Mar 27 2014 13:18:24 GMT-0400 (Eastern Standard Time)   a01f26a6319322e40293dfa77ffb21c75caeab044394b48c11ca1c1e1965a5cd
395231   Thu Mar 27 2014 10:31:26 GMT-0400 (Eastern Standard Time)   02daf04db2d1348c4ae612df6f699938adf6bd347f265449ad78042dcf3a72fd
394940   Thu Mar 27 2014 06:22:08 GMT-0400 (Eastern Standard Time)   a38da5814a738321903ac67b08532fc94e62aee975a84dd1e29ac3f17a41d96e
394928   Thu Mar 27 2014 06:08:35 GMT-0400 (Eastern Standard Time)   9091f7f668e83f291ffb75f34b7c718b0e6a6b25e84181fef4ca4cecf1458814
394927   Thu Mar 27 2014 06:07:57 GMT-0400 (Eastern Standard Time)   dca9cca6dface09901005a59b5efb0b09850d6b8afb5f5d881c41c4592f89f0c
394926   Thu Mar 27 2014 06:05:13 GMT-0400 (Eastern Standard Time)   1c9db186b3305b2368507c893f08b78c25fb176bfc2d3ac8c8726a91ff971c1c
393988   Thu Mar 27 2014 02:14:34 GMT-0400 (Eastern Standard Time)bad   e710c39bdcdd934cc984adc38f44674c05626a8eb0dedafb8f50482ddd1e4f73
393987   Thu Mar 27 2014 02:11:07 GMT-0400 (Eastern Standard Time)bad   2f1c6c415ba5b711b41c5ffb15cfbd1f17f4f872e825f2c04b1a1598360c81f7
393986   Thu Mar 27 2014 01:47:16 GMT-0400 (Eastern Standard Time)bad   d601bf21a5c206b7724dae7a1d7cb45b4f663138d9a1e3c57ff3f5b7bd9dd952
393982   Thu Mar 27 2014 01:04:44 GMT-0400 (Eastern Standard Time)bad   6530fad23e94be23ae4ca93f474e1e21ce838d53ff92056fbb92ab812e507acc
393981   Thu Mar 27 2014 01:02:44 GMT-0400 (Eastern Standard Time)bad   9a8910d626f20411f33110c3e3b6c67e93ed5b69e9b4ab17417ddc6378262e3e
393979   Thu Mar 27 2014 00:52:39 GMT-0400 (Eastern Standard Time)bad   8c124203f842f7eed261a4463d097260287a2ef39f92bdec24558c6dd46d3d26
393978   Thu Mar 27 2014 00:50:53 GMT-0400 (Eastern Standard Time)bad   71cd90dca58e998c6add33a064b73bf5ac7523ad41cfbfcafe66a5451e07a2e2
394576   Thu Mar 27 2014 00:32:08 GMT-0400 (Eastern Standard Time)   b442beaca6aecde14ebb2ecd08480ddef381888009b4d16ce9347724bb9caec0
393977   Thu Mar 27 2014 00:30:49 GMT-0400 (Eastern Standard Time)bad   d3c438b366261ba3beea38a936c88ad29c2fbabd4a73c45706f4974c73bb4cd3
393973   Wed Mar 26 2014 23:38:48 GMT-0400 (Eastern Standard Time)bad   e8830a78498ac4ddf729e200d02f4642ffc4f0b0c69d68cda82d72cf33bda788
393972   Wed Mar 26 2014 23:35:27 GMT-0400 (Eastern Standard Time)bad   14be9f5502753c8ee6929cb2a36f53a8d20165935aba191a2748f436afe4006e
393971   Wed Mar 26 2014 23:22:50 GMT-0400 (Eastern Standard Time)bad   d1440c39b2378336864fe9de5e2b8c613fb1f2fc92028af9031e65b87a4636c6
393970   Wed Mar 26 2014 23:08:18 GMT-0400 (Eastern Standard Time)bad   11a9b220b0c0ef6e1083d949c13cb74f053c7357fa7735417ed3603032814660
393969   Wed Mar 26 2014 23:02:57 GMT-0400 (Eastern Standard Time)bad   2d16a15baa35c785f8034da997feb4e0e748d48252fad58e1a6943ed1901b826
393968   Wed Mar 26 2014 23:01:34 GMT-0400 (Eastern Standard Time)bad   2c75628ce591fbb48d7d7ca1664e39bc8f2f26c5dbdfb9624fea5888a369e7ae
393967   Wed Mar 26 2014 22:45:01 GMT-0400 (Eastern Standard Time)bad   f3bfabdcff336771cddc4eaf6f403b8c88e7785a0c1abdc560f3e3d7f4fed147
393966   Wed Mar 26 2014 22:38:11 GMT-0400 (Eastern Standard Time)bad   a277ad1a90d960e7837d80199de72df39b99227ab7c2848ef08c45be9f867140
394440   Wed Mar 26 2014 22:35:58 GMT-0400 (Eastern Standard Time)   a97a100e98070a64961296b51457bc5d54c2ecdebf2736a7a8b30f45c2a38acf
394432   Wed Mar 26 2014 22:25:34 GMT-0400 (Eastern Standard Time)   7bac6dd45d198f5736294d67d69073ef954e18fcee73af7661b3c741606a1ee2
393964   Wed Mar 26 2014 21:54:43 GMT-0400 (Eastern Standard Time)bad   66770c53d9354b8e327ce14b43eae59a1047b6394a47481061723e5978f7d646
394393   Wed Mar 26 2014 21:46:47 GMT-0400 (Eastern Standard Time)   1daf2e6854af7629cc9b0acb4c4246ef6f93ddda277eae12cac2ea00a0b8d7f7
393963   Wed Mar 26 2014 21:45:34 GMT-0400 (Eastern Standard Time)bad   2685fc81cfe6ba542b33056c876190707785084da75a534111e4bb47576c5d53
sr. member
Activity: 266
Merit: 250
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all

We are attempting to prove a concept. Reality has nothing to do with it. Have you no respect for science, my friend?
legendary
Activity: 2688
Merit: 1240
This coin is a perfect example of how even the worst news is good news.

Come on, 24 hours later and some pools are still forking??

+1

I've no clue why some people are still mining this fraud/scam/shit coin at all
newbie
Activity: 42
Merit: 0
Do we need to download the new win wallet?

not mandatory. new one will contain checkpoints so it will not be able to sync with forked one.
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