Topic: [ANN][BSTY2] Community Takeover of GlobalBoost-Y, following 51% attack - page 2. (Read 4094 times)

I just have to point out that GPU miner would NOT fix the issue. They will still have low hashrate because of the low rewards.
I might no longer be able to 51% attack myself, but somebody with 50 GPU's can.  And there are plenty of people who have that. That's why I explained how to do the 51% attack, so everybody knows how.

But anyway, GlobalBoost is a bunch of salesmen and an IT guy who they call dev.  They can't make a GPU miner. And at this reward, I don't see why anybody would make one for them.
They can change algorithm, but still nobody would have incentive to mine. There will still be many people who can 51% attack.
Or they can make PoS and then it's going to dump. Why would anyone invest in that crap? Buy coin with fake volume, from douche salesmen, everybody knows better... I hope. Right?

Only fix is increasing the reward.

CPU coin is probably the best way fight centralization, but you do need to pay the miners, so that the average joe makes at least a few cents a day, using his idle cpu time.  If that can be achieved, then it's a matter of getting millions of users to mine, and then not even botnets can attack. So it all boils down to giving incentive for mining. And that's exactly what I requested.

While I support the continuation of this coin, with the 1024 reward, I believe that a GPU miner may be feasible for Yescrypt. Once again, BSTY dev cannot possibly make one. Nor would it do you any good unless reward is increased.

https://i.imgur.com/fOUR4V7.png

Then allow me to retort!

Your coins are worth NOTHING as in ZERO, due to Bittrex delisting.
Your coin is insecure, and it continues to be. If you support the BSTY team, you lose all value of your coins.

All the GlobalBoost trolls, please keep posting here, you are just making my point.
A coin is not secured by fake posts and fake volume, but with hashpower.



edit:
You are the moron. You just understand what's happened. You mine and hold a lemon!
The coin is insecure, if you were smart, you would start mining the 1024 reward version, if you don't want to waste your electricity and be able to sell your coins.

In any case, thank you for your comments!



And sorry? how exactly am I a greedy bastard? I've made no money on this!
I am trying to save the coin. And what I've mined I sent to the bstdev, it's worthless anyway.
blelow are the tx ids
8149.977 f70c1001ce72b3680774859f26e54d1fe83fd952ddc697cd5ae62e7bdb3ddef7
1500       56f75a505a446a02401fac06b8bbd357d3a9eac86f3a98f59fa408dc77b08e31
200         d31108b1635107f578a1c6ae68e01d7a2c485cb47c8c022a51041134c53b16eb

Thank You for your support and mining efforts.  It is greatly appreciated.

Hello,

I mined BSTY from start and still I am mining with some power.
My address is Y9fqCFNCSfToTrrDAJ5K3M7Ac64R7fohQs
As you can see I am in top 10 richlist.
At current there are around 80 CPUs @ my farm, mostly of them are I5 3470, some 3770 and some slower.
Do not know what to say. I mined for it, with my own computers, paid for electricity, lost time and time to accumulate it.

Now there is a takeover, and for sure it is BAD SITUATION.
I did not cause it. I am just supporter of BSTY.

As a matter fact, I don't give a   s.h.i.t.  for this "hostage" situation. Price is too low now and after all this will never be bigger again.
Money I spent for mining this was my decision, so this also is:

Do as you like, I really don't care, this is stupid story and hope all of you will eat your own poop.
You are all greedy bastards.




  

nope you are not a terrorist, just a moron (doesn't mean terrorists aren't morons too... but you, you just belong to the moron type  )
and no exchange will ever follow a "nobody" doing an hostile takeover (and they won't even follow "known" people doing it)

They have survived nothing! I simply stopped, following the Bittrex delisting.
They still don't have hashpower, I can do it again anytime, and I posted instructions on how to do it.

I am not a terrorist. They don't have the hashpower to secure the coin, I exposed this and then stopped.



As for the profit calculator, it gives valid results only if the hashpower stays unchanged, if a few miners join, difficulty will increase and the profits will drop. That's why nobody joins.
Besides, you can't sell the coin anyway, bittrex banned them because it's a scam, so your profit will be 0.

They DELETED all my posts on the BSTY thread. Although I speak the truth, and I haven't done any doublespend.

Anyway, what I think we should do, is go ahead with the fork.

And we talk to bittrex to list BSTY2.
BSTY is not yet delisted, but give it another 51%, if they ever enable it again and go figure...

So anybody who's has BSTY, or simply wants to mine, please install the modified wallet. Everything you have on BSTY before block 29200, will be preserved in BSTY2

And let's get going.  Please post to this thread, and let people know about it.
Perhaps there is a pool owner who would like to make a BSTY2 pool.
If not, I will setup a pool. We get some hashpower in.  I can help with that , until more miners join in.

BSTY and BSTY2 will have the same coins until block 29200, but since there's no real chance of BSTY ever being listed again, BSTY2 will be the only one to continue

So please post your comments to this thread.  I'd like to see who will support it.

Nobody deletes messages here.

Bittrex has disabled the wallet, not sure they've actually delisted it though. Usually they give some warning when they do that.

Almost all of the hash is on one pool (http://bsty.nonce-pool.com) and it shows to have 125 workers. So yes a low amount of computer trying to secure the block chain. The coin was 51% attached with 50 I7s.

that's interesting. i also didn't notice that bittrex de-listed this coin.
am i right to assume that there are less than 50 computers keeping the network up?

No community take over?  You have no community over there.  Same people posting over and over and over.  You just started posting again, as far as people can see this coin was abandoned by the dev. Your words below.  But you did not do the last wallet update did you? https://github.com/ssdpool

It is no lie. The 51% attack can easily be made by anybody, because your coin is INSECURE.
Bittrex agrees! they delisted your coin.

As of now, anybody can do it like this:

in main.cpp:
bool ProcessBlock(CValidationState &state, CNode* pfrom, CBlock* pblock, CDiskBlockPos *dbp)
{
   if(pfrom!=NULL) { return true;   }   // refuse foreign blocks   <<<< INSERT THIS LINE

    // Check for duplicate


Then compile, start daemon, start pool, and if you can get like 50 computers in your pool, you'll take them over

Mining BSTY is a joke right now!

They completely became insecure 3 month ago, when they dropped reward from 347 down to 50, but kept quiet about this, the whole time.

That is exactly what this is.  This person has been attacking BSTY and is trying to take miners and accusing GlobalBoost calling us liars and cheats.  We know people who support us don't believe such lies.  I urge him to make his own Yescrypt coin and compete, I guess this is how he runs things.  Lies now ensure his failure in the future.  Good luck.  

We shall see about that!

Let's not forget that you are the premine scammers, not me. I exposed your scam, just when you were in the middle of making fake volume on bittrex.

Let's see what the community has to say on an uncensored thread.





EDIT


I wasn't hostile at all. I didn't steal anything by double spending. And all it took for the 51% attack was 50 computers.
And now I'm not even attacking it. I just demonstrated the security problem, that's all.

I started this thread mainly because their thread is self-moderated.

sound more like a hostile takeover than community 

hold on while i make a bitcoin take over thread

We shall soon witness a 3rd generation takeover with the current trends.

i was just thinking that, trend alert

There is no community take over, BSTYMaster is just an scammer. the discussion can be continue here

https://bitcointalksearch.org/topic/globalboost-y-bsty-globalboost-yescrypt-social-networksmanager-775289