Topic: [ANN] [POW] [MSR] Masari - simple, scalable, and secure cryptocurrency - page 75. (Read 85155 times)

The attacker remained a bit longer this time and mined at high difficulty. But once he noticed he couldn't drive it higher, he left.
The chain is now mined by 60kH/s and blocks will be very slow for quite some time.

The last such large attack happened 24h ago. I am not counting the many smaller attacks within the last 24h.
Yesterday the attacker left around block 35300 when the difficulty was around 50M. However the difficulty adjustment
behaved very badly because even though hashrate was low after the attack and blocks were coming in at only
one per hour, it increased the difficulty without any sense until 160M and the chain became stuck for several hours.

We know that the network hashrate is derived from the difficulty and it does not reflect the real hashrate at any moment.
The pool hashrate however is accurate since it is derived from the real shares submitted by the workers.

I suggest therefore that the dev and the pool operator of superpools go over the pool's logs to see exactly
when the attacker entered and when he left and how the difficulty adjustment reacted or rather how it should react better.

Clearly it makes no sense whatsoever to increase the difficulty when the last block was an hour ago, no matter how fast the blocks
were coming previously. There must be a long window and a short window to monitor, as well as the time between the last very few blocks.
Depending on how the measured average block times in each of these windows match or rather not match, priority must be given to the one closer to present time.

This chain is about to get stuck for many hours. Some idiot is attacking it right now with 20x its global hashrate to push the difficulty to the moon.
Once it is done, the moron will piss off and laugh at the 80kH/s of genuine miners wasting their electricity for hours and hours.
Since the attacker is not willing to mine 24/7 and pay the cost for the difficulty he is creating, it is indeed an attack and it should be countered by banning the fucking moron.
The pool operator should be able to see it in his backend. Let me guess, a monkey with a rented gun from nicehash.

What good is ASIC resistance and its implied decentralisation for if an idiot can rent 20x the global hashrate of a coin from nicehash to wreak havoc.
Fortunately he is too stupid to set up his private pool and do other kind of attacks which would be much worse.

Here, I found him.
https://www.youtube.com/watch?v=GhxqIITtTtU

if you know what your seed is (the 25 word mnemonic), you can recover your wallet with the following command and paste/type in your seed when prompted.

 what API-port the https://masari.superpools.net/ for http://msr.ms-pool.net.ua/#network

I had no experience with the purse, I'm a noob. whether it is possible to recover the wallet? there's not a lot of coins, but all I would like to get them back to your new wallet.

Interesting project, installed and am currently mining with wallet-cli.

nice design, great work dev!

I'm glad you have a mobile wallet in the roadmap, introducing mobile integration is  great since it can lead to mass adoption.

Yeah I already have ample coins but I am not going to sell them. I have spent money and time not going to sell them for less at all.

@jbmustaq that's typical behavior of exchange bots if there's low volume to try and suppress the current price for their buy order, this is normal

MSR is currently underpriced on the exchange (https://www.southxchange.com/Market/Book/MSR/BTC). There will only ever be ~18 million total of these minted, and we're currently at around 1 million - adjusted for average mining costs (at this time, and historically it has been much higher) it's currently worth at least 1100 satoshis each so this is a great opportunity to buy!

There is a person who is making sure price of coin does not rise and remains at a price where he wants to purchase the coin at.

10/19 04:11 AM   Sell   0.010000000   0.00000003   0.00000263   
10/19 01:48 AM   Buy   50.00000000   0.00022350   0.00000447   
10/18 10:35 PM   Sell   666.9504980   0.00176742   0.00000265   
10/18 05:21 PM   Sell   0.010000000   0.00000003   0.00000265   

As you can see above first he made the order of 0.010000000 that is just 3 satoshi and then purchase 666. The problem over here is his stomach is not full and is doing this in parts when a higher price order is sold so that nobody takes a notice. Till the time he has purchased his quota price will not rise anyhow. The only way a price will rise is when miners don't fullishly sell coins worth a dime.

@dev can you see if anything can be done.

Seems an active project...could try mining with my small hashpower, sure I'll keep it under my view...

Well done! Glad to see some movement here!

nice, keep up the good work

We have a work-in-progress landing page that is much better than what we had before! You'll find useful links, and in the future will get live information about network hash rate, prices, etc., and there will be a section for announcement updates!

http://www.getmasari.org/

There is not much movement in the exchange but there are many more purchases than sales, for the moment to hold

This coin is good but people are dumping coin and that for a very low price causing price to go low. It's due to the fact price of bitcoin has risen and everybody wants to have a hand at the Bitcoins it doesn't matter to them that holding the coin will give them more profit in future.

This story is with every altcoin.

List of pools have been updated!

That's great, I'll add this to the announcement page - thanks!

Russian translation - https://bitcointalksearch.org/topic/msr-masari-2266147

Hi! New Pool - http://msr.ms-pool.net.ua
Fee -0.5 %
payments every 5 minutes from 1 MSR
Payments Work http://msr.ms-pool.net.ua/#payments

CPU

GPU

Port: 8888
Starting Difficulty: 205000
Description: Nicehash port

Happy mining!