[ANN][KARM] Karma / ₭ / X11 - page 302.

bitwho

legendary

Activity: 1274

Merit: 1000

Quote from: bcd on June 18, 2014, 02:51:24 AM

how is the performance of asic miners (general opinion/experience about reject & accept) in P2P pools?

This is a good questions and i do not have the answer. What i can tell you is that more effort will be focused on the p2p pool to be as efficient as they can
be.

"Karma will be different. POW's %51 attacks will never hurt us if we succeed to move to full P2P pools!!" -bitwho

bitwho

legendary

Activity: 1274

Merit: 1000

Quote from: bitwho on June 18, 2014, 02:22:38 AM

Quote from: p4r4m0un7 on June 18, 2014, 02:10:16 AM

....or switch to PoS.

all POW in p2p pool > POS

BTW Not sure what the ASIC miners will bring to Karma in future , but up until now there has not been a better way to distribute the coins in a decentralized way.

also with POW one can mine or buy coins . wilth POS one can only buy coins

Why loose tons of potential customers by removing POW?

bcd

sr. member

Activity: 252

Merit: 250

how is the performance of asic miners (general opinion/experience about reject & accept) in P2P pools?

bitwho

legendary

Activity: 1274

Merit: 1000

Quote from: bitwho on June 18, 2014, 01:51:53 AM

learning from other communities and especially from Bitcoin we can see that the cheapest and remidiate answer to future %51 is p2p pools

Let be the coin that fully implements this!

Lets be the coin that has all their miners in p2p pools

so lets brainstorm on how to get everyone on p2p pool. I am already in the talks with http://karma.p2pool.altcoin.dk/

we have come up with block reward bonuses and no fees until we are safe

acg. please post your donation wallet so we can help collect bounties for this push

everyone else. do you have any ideas how to help miners move to p2p pools?

http://www.reddit.com/r/KarmaTeam/comments/28fy33/important_calling_out_all_miners_must_read/

bitwho

legendary

Activity: 1274

Merit: 1000

Quote from: p4r4m0un7 on June 18, 2014, 02:10:16 AM

....or switch to PoS.

all POW in p2p pool > POS

p4r4m0un7

sr. member

Activity: 406

Merit: 250

....or switch to PoS.

bitwho

legendary

Activity: 1274

Merit: 1000

Quote from: Alphi on June 18, 2014, 01:50:26 AM

Quote from: bitwho on June 18, 2014, 01:42:58 AM

well be looking forward to your ideas/whitepaper on this

it wont be that technical.. each wallet client has a whole bunch of apis that anyone can use.. they just aren't easy to use because there is no GUI. I was just thinking of either updating the wallet code GUI with more functionality or more likely making a companion program that could do it.

everything starts with an idead. looking forward to what ever you will come up with brother

bitwho

legendary

Activity: 1274

Merit: 1000

learning from other communities and especially from Bitcoin we can see that the cheapest and remidiate answer to future %51 is p2p pools

Let be the coin that fully implements this!

Lets be the coin that has all their miners in p2p pools

so lets brainstorm on how to get everyone on p2p pool. I am already in the talks with http://karma.p2pool.altcoin.dk/

we have come up with block reward bonuses and no fees until we are safe

acg. please post your donation wallet so we can help collect bounties for this push

everyone else. do you have any ideas how to help miners move to p2p pools?

Alphi

hero member

Activity: 798

Merit: 1000

Quote from: bitwho on June 18, 2014, 01:42:58 AM

well be looking forward to your ideas/whitepaper on this

it wont be that technical.. each wallet client has a whole bunch of apis that anyone can use.. they just aren't easy to use because there is no GUI. I was just thinking of either updating the wallet code GUI with more functionality or more likely making a companion program that could do it.

bitwho

legendary

Activity: 1274

Merit: 1000

Quote from: Alphi on June 18, 2014, 01:38:06 AM

Quote from: bitwho on June 18, 2014, 01:03:16 AM

we are still trying to figure out if it was an accident or an attack on purpose. this has passed now.

at this point it doesn't matter... forking is dangerous regardless..
any pool that has too much power that claims "we wont hurt karma" doesn't realise that they already are hurting karma.

it may have even been just a test to see how reactive the exchanges and community are.
the exchanges seem to have reacted well but mining community needs to get over to P2Pool pools asap.
if you are a miner and you do not use a P2Pool implementation then you are contributing directly to the increased likely hood of next attack.

the community needs also to seriously consider having some reserve hashing power to bring online in case of emergency.

and possibly the dev team could look into developing a way to easily ban the nodes of bad actors through community effort. I might look into this as part of a project I am working on. This would not stop such attacks from happening but could in theory slow down their confirmations making it harder for them to pull off.

well be looking forward to your ideas/whitepaper on this

Alphi

hero member

Activity: 798

Merit: 1000

Quote from: bitwho on June 18, 2014, 01:03:16 AM

we are still trying to figure out if it was an accident or an attack on purpose. this has passed now.

at this point it doesn't matter... forking is dangerous regardless..
any pool that has too much power that claims "we wont hurt karma" doesn't realise that they already are hurting karma.

it may have even been just a test to see how reactive the exchanges and community are.
the exchanges seem to have reacted well but mining community needs to get over to P2Pool pools asap.
if you are a miner and you do not use a P2Pool implementation then you are contributing directly to the increased likely hood of next attack.

the community needs also to seriously consider having some reserve hashing power to bring online in case of emergency.

and possibly the dev team could look into developing a way to easily ban the nodes of bad actors through community effort. I might look into this as part of a project I am working on. This would not stop such attacks from happening but could in theory slow down their ability to propagate transactions through the network making it harder for them to pull off.

bitwho

legendary

Activity: 1274

Merit: 1000

Mintpal saw possible sign of double spend. it could have been naturally. having seen such a huge jump maybe some mid size multipool jumped on board. mine us. created a tangent fork. sent coin to mintpal. probably on the way to the exchange they lost the confirmations. well i guess they might have switched to an other coin and lost the fork.

we are still trying to figure out if it was an accident or an attack on purpose. this has passed now.

everything should be back to normal.Mintpal and now cryptsy (we alerted them) have raised the confirmation a bit. this should warrant off any one from wasting hash to cause %51 attacks.

We should learn from this and start working together. p2p pools are the answers. we should start to educate our miners to use them.

i am sorry other pool owners. but he have to be tougher. outsiders don't care about our coin and will mine it to get some LTC at any cost to us.

Let us learn from bitcoin. Lets learn from their current problems now. They wished they promoted p2p pools more! we are still young. we can do this. lets us only support p2p pools!

AGcrypto

full member

Activity: 126

Merit: 100

Quote from: CatKiwi on June 17, 2014, 11:18:00 PM

Quote from: AGcrypto on June 17, 2014, 10:57:33 PM

Attention all miners!!!! We have been made aware of a possible attempted 51% attack which possibly affected Mintpal earlier today. Countermeasures have been put in place by Mintpal to reduce the chances of any further attacks but we as a community need to come together to make sure these types of attacks can not continue to happen. The Karma Team is asking that all miners please switch to a p2pool of your choice to help spread the hash power of all our rigs making it more difficult for any one pool to perform any further attacks. Again we are not 100% sure a attack did happen, but something had to have been attempted to caused mintpal to take anti 51% attack measures. We would like to ask our community to take immediate action to help us better secure our net hash rate allowing us time to investigate exactly what did or did not happen and to take further measures to ensure nothing like this can happen in the future.

proof?

All i can tell you is we were contacted my mintpal and was told a possible attack happened. So we are not taking any chances and doing what we can right now until we can see what did or did not happen. So if you want to sit there and wait for some sort of proof thats up to you. But as for me I am not going to chance it, and switching to a p2pool. Switching will not have any negative effect on me anyway so i rather be safe than sorry until we get to the bottom of this.

bitwho

legendary

Activity: 1274

Merit: 1000

d'awww our karma got too hot and everyone wants a peace of it. sadly some one is trying to cheat. Mintpal is like "nope" here is 200 confirmation. sucks for you to waste all that hash power

but to avoid any further attacks lets all come together and help out. lets all mine under p2p pools

http://karma.p2pool.altcoin.dk/

is my to go to p2p pool . This is altcoingood's pool. He has been and still is working 24/7 on helping out our community. HE has given us our fist reddit tip bot. A working block explorer when the old dev took it away from us. And recently two pools. HE is still working on an escrow-type bot and a market for us as well.

most importantly he is part of the team and if we would need him to change anything we can rest assure that he will work with us

jump on this and help us out : )

CatKiwi

full member

Activity: 154

Merit: 100

Quote from: AGcrypto on June 17, 2014, 10:57:33 PM

Attention all miners!!!! We have been made aware of a possible attempted 51% attack which possibly affected Mintpal earlier today. Countermeasures have been put in place by Mintpal to reduce the chances of any further attacks but we as a community need to come together to make sure these types of attacks can not continue to happen. The Karma Team is asking that all miners please switch to a p2pool of your choice to help spread the hash power of all our rigs making it more difficult for any one pool to perform any further attacks. Again we are not 100% sure a attack did happen, but something had to have been attempted to caused mintpal to take anti 51% attack measures. We would like to ask our community to take immediate action to help us better secure our net hash rate allowing us time to investigate exactly what did or did not happen and to take further measures to ensure nothing like this can happen in the future.

proof?

AGcrypto

full member

Activity: 126

Merit: 100

Attention all miners!!!! We have been made aware of a possible attempted 51% attack which possibly affected Mintpal earlier today. Countermeasures have been put in place by Mintpal to reduce the chances of any further attacks but we as a community need to come together to make sure these types of attacks can not continue to happen. The Karma Team is asking that all miners please switch to a p2pool of your choice to help spread the hash power of all our rigs making it more difficult for any one pool to perform any further attacks. Again we are not 100% sure a attack did happen, but something had to have been attempted to caused mintpal to take anti 51% attack measures. We would like to ask our community to take immediate action to help us better secure our net hash rate allowing us time to investigate exactly what did or did not happen and to take further measures to ensure nothing like this can happen in the future.

bitwho

legendary

Activity: 1274

Merit: 1000

facebook is the best at viral awareness.

this is why i keep saying karmacoin.me will be a huge hit. p2p sharing = viral news

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

for the curious, the results of a quick test to see the effectiveness of our channels, as far as activity goes (A few hours ago I posted a generic announcement to each of the following that measured the number of clicks received)

1) Facebook page: 42 clicks
2) Bitcointalk forum: 31 clicks
3) r/karmashares: 27 clicks
4) r/karmateam: 16 clicks

Facebook seems the most effective at getting our message out to pre-existing members (and perhaps new users, if the post is promoted)

Bitcointalk seems the most effective at getting our message to new users, though we don't know how many of the persons that clicked are new to Karma. Also, the number of clicks was much lower than expected. I should probably have measured the number of views the thread had in that span of time. (but of course not everyone would be interested in a generic "marketing announcement" link)

(note: I did not check Twitter and the results are by no means scientific)

CatKiwi

full member

Activity: 154

Merit: 100

I see the pump n dumpers are playing with Crypt now. Damn shameful to see people selling decent coins and buying Crypt at these prices. These are the people that end up going to bed and waking up to find their investment has done a CAT, or a DRK, or a VRC, or pretty much any coin that has ever gone up this much in such a short time. That they would rather invest in Crypt pumped 1000% above what it was going for last week than KARM is a true testament to the sheer stupidity of the average trader we are dealing with. A fool and his money....

joymagic

newbie

Activity: 14

Merit: 0

I just got an idea last night .
maybe we can publish the Karma Magazine , perhaps monthly magazine . in that magazine , with the contents :Charities introduction , stories of "doing good" , Karma donate reports, Karmashare LLC trend .... because there are a lots of "doing good" things happen every day in the world , so we can got enough materials .
With the magazine , we can attract more and more normal people pay attentions to Karma ,, we spread the " doing good" and many people have the same philosophy as Karma .we will be proud to do that .

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