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Topic: bitcoin vs solidcoin (Read 19413 times)

sr. member
Activity: 308
Merit: 250
September 05, 2011, 11:41:25 AM
I said "anything of value" - why would you interpret that as porting bugs?
aq
full member
Activity: 238
Merit: 100
September 05, 2011, 11:30:31 AM
IMHO, the better move would simply be taking anything of value from SLC, pre-104, and porting it to Bitcoin.

Please let solidcoin bugs die with solidcoin. Don't port them to bitcoin, please

I don't even know if there's much though, it seems to me, in a cursory understanding, that Solidcoin is architecturally broken, because the author doesn't seem to grok why certain decisions were made in Bitcoin and reversed them anyway.

So why do you want code from solidcoin?

BTW, almost all changes in the solidcoin codebase (at least what he made public) where part of the re-branding, you know, changing "bitcoin" to "solidcoin" all over the place.
sr. member
Activity: 308
Merit: 250
September 05, 2011, 11:14:53 AM
SolidCoin, open source https://bitcointalksearch.org/topic/announce-new-solidcoin-client-fully-open-source-41345

No bad PR, yet.   Actual community assistance.

That's such a huge waste of time, IMHO. If RealSolid decides to act juvenile (as he's apparently wont to do, from what I've seen) he can take his ball and go home. If there's a functioning exchange at the time, he could decide to sell out the 30,000 SC he pre-mined for "bounties" and trash the market on his way out.

IMHO, the better move would simply be taking anything of value from SLC, pre-104, and porting it to Bitcoin. I don't even know if there's much though, it seems to me, in a cursory understanding, that Solidcoin is architecturally broken, because the author doesn't seem to grok why certain decisions were made in Bitcoin and reversed them anyway.
hero member
Activity: 630
Merit: 500
Posts: 69
September 05, 2011, 09:30:23 AM
SolidCoin, open source https://bitcointalksearch.org/topic/announce-new-solidcoin-client-fully-open-source-41345

No bad PR, yet.   Actual community assistance.
hero member
Activity: 630
Merit: 500
Posts: 69
September 05, 2011, 07:54:56 AM
Bitcoin itself is under continuous attack from black hats, but it is solid Cheesy enough to withstand all those.
I think it being the biggest one out there, leaves it to attacks that we really don't grasp yet, and that could possibly take it down and thus it would be one of the other alternative currencies that would be able to learn from BTC mistakes.   That is another reason to really keep an eye out on alternative currencies all the time, see what is being offered and why over what is going on with BTC.
aq
full member
Activity: 238
Merit: 100
September 05, 2011, 07:51:46 AM
I'd say that if the is how the bitcoin community decides to act and present itself then it is destined for failure, very sad as cryptocurrency had a chance to be the next great thing but until they learn to self police you lot it's f'ed.

For a cryptocurrency itself it does not matter who is trying to attack it. The only thing that really matters is can the currency withstand such attacks. As gavinandresen wrote "Hackers and script-kiddies are a fact of life". So if a currency has weak points it is best for the currency itself to either fix the weak points or vanish as early as possible. Survival of the fittest.
Bitcoin itself is under continuous attack from black hats, but it is solid Cheesy enough to withstand all those.
hero member
Activity: 630
Merit: 500
Posts: 69
September 05, 2011, 07:35:53 AM
CoinHunter is the 13 year old PR guy from hell lol.  I enjoy his antics from a far, but to realistically invest in SolidCoin at all, which I was in fact looking into, well the technology is going to have to be that much better than his attitude.   I can only look past the childishness for so long before I can see it truly hurting his little Coin.

I do like how it seem people are taking the code out of his hand and creating versions of SolidCoin on their own (or so it seems in threads I am reading).  In a way that does give me faith in the tech reasons why I liked SolidCoin on top of the fresh user base.

Humility doesn't seem to exist in the world of programmers and devs, it's all about breaking other peoples toys and telling them how stupid they are for not making them to their standards.
legendary
Activity: 1092
Merit: 1001
September 05, 2011, 07:29:37 AM
I'd say that if the is how the bitcoin community decides to act and present itself then it is destined for failure, very sad as cryptocurrency had a chance to be the next great thing but until they learn to self police you lot it's f'ed.
Agreed big time.  I will nearly always check out alternative currencies to Bitcoin just based on having a more progressive user base.   So far nothing beats Bitcoin, but that is just a matter of time regarding what seems to be the initial lump of getting past the users overtaking the network or whatever.

While I wouldn't encourage vandalism of some other chain - it's also disturbing how little attention you guys give to the dishonesty of some of these alt-chain starters.
(particularly Mr ridiculous: coinhunter - claiming his was 'secure from pools')

If someone starts an alternative chain and has the integrity to explain the risks to their users - they're less likely to invite attack.
You want to start up a system where security is based on mining-power - but gloss over the fact that it's vulnerable in the beginning when trying to get people to risk their money on it?  That's just not decent conduct.

If I were to create an alt chain - I would state these risks openly, and perhaps include extra checkpoints in the blockchain and methods for mining pools to assist in detecting/reporting various types of attack.  A bit of humility in starting these things might go a long way.

hero member
Activity: 630
Merit: 500
Posts: 69
September 05, 2011, 06:41:45 AM
I'd say that if the is how the bitcoin community decides to act and present itself then it is destined for failure, very sad as cryptocurrency had a chance to be the next great thing but until they learn to self police you lot it's f'ed.
Agreed big time.  I will nearly always check out alternative currencies to Bitcoin just based on having a more progressive user base.   So far nothing beats Bitcoin, but that is just a matter of time regarding what seems to be the initial lump of getting past the users overtaking the network or whatever.
member
Activity: 112
Merit: 10
September 05, 2011, 04:05:11 AM
I was much more open minded about SolidCoin and other alternatives until I took one look at this thread.
SolidCoin will never see a dime of my BTC.

Yeah, that was exactly what did it for me too. I was talking to CoinHunter back when SC was first released and at first I was interested. My interest faded when I tried seeing if he'd want to talk about ArtForz' disclosure and analyzing if it was an actual problem-- he got really rude to me really fast, which was pretty screwed up given that only a day before he'd just sent me a bunch of SC for the hell of it, and it should have been pretty obvious I wasn't one of his "enemies." At that point I sorta just got a little disinterested. His behavior after that, especially the chat with gavin, well.

CoinHunter's proven what he is.
legendary
Activity: 1358
Merit: 1003
Ron Gross
September 05, 2011, 03:52:26 AM
He probably will be, by Oracle. I did a little reading.

CoinHunter's "closed source" client is still using the Berkeley DB library, which is the property of Oracle. They only allow free use in FOSS, not closed source software like SolidCoin.

As soon as CoinHunter closed SolidCoin he owed Oracle money to continue using the library. Given how many SolidCoin-haters there are I'm quite sure that's already been e-mailed to Oracle after I pointed it out over in the alternate-cryptocurrency forum.

I was much more open minded about SolidCoin and other alternatives until I took one look at this thread.
SolidCoin will never see a dime of my BTC.
member
Activity: 112
Merit: 10
September 05, 2011, 02:14:09 AM
Considering that he took the source code straight from bitcoin, and has admitted such, he literally is in direct violation of the license that he agreed to by taking bitcoin's source code.  If anyone is getting sued, it's him.

He probably will be, by Oracle. I did a little reading.

CoinHunter's "closed source" client is still using the Berkeley DB library, which is the property of Oracle. They only allow free use in FOSS, not closed source software like SolidCoin.

As soon as CoinHunter closed SolidCoin he owed Oracle money to continue using the library. Given how many SolidCoin-haters there are I'm quite sure that's already been e-mailed to Oracle after I pointed it out over in the alternate-cryptocurrency forum.
member
Activity: 112
Merit: 10
September 05, 2011, 02:05:33 AM
I'd say that if the is how the bitcoin community decides to act and present itself then it is destined for failure, very sad as cryptocurrency had a chance to be the next great thing but until they learn to self police you lot it's f'ed.

This from the guy threatening to put virus signatures in the block chain. Smiley
member
Activity: 112
Merit: 10
September 05, 2011, 12:17:00 AM
I think the bitcoin community needs an open source instrument for attacking emerging block chains. I mean, several people would happily lend their hashpower to attack these junkcoins but there is no instrument for them to do so.

Seriously, someone needs to develop an attacking tool to be used as the base for attacks ... Sure, it won't be universal since emerging blockchains may protect against it, but that's why it should be open source - to be able to modify it easily to be used against certain new shitcoin.

This won't be dangerous for the bitcoin since there is no such hashrate to attack it, but new chains would be vulnerable.

I say we start with rehashing ixcoin back hundreds of blocks and erasing all transactions going back weeks. Smiley
full member
Activity: 124
Merit: 100
September 05, 2011, 12:00:29 AM
I think the bitcoin community needs an open source instrument for attacking emerging block chains. I mean, several people would happily lend their hashpower to attack these junkcoins but there is no instrument for them to do so.

Seriously, someone needs to develop an attacking tool to be used as the base for attacks ... Sure, it won't be universal since emerging blockchains may protect against it, but that's why it should be open source - to be able to modify it easily to be used against certain new shitcoin.

This won't be dangerous for the bitcoin since there is no such hashrate to attack it, but new chains would be vulnerable.
sr. member
Activity: 350
Merit: 250
September 04, 2011, 11:11:26 PM
I do not think that he is a bad guy (actually I do not know either way). I am just saying that I trust no one and if you guys want to have some self-updated software controlled by one anonymous guy somewhere on internet next to your bitcoin wallet.dat than be my guest. Also go and ask mybitcoin to restart their service.
Everyone should be aware of this I hope. I'd never run an alt-chain related binary without checking the source compared to a known bitcoin release and analysing the differences then building from source.

The End of Solidcoin. That is all folks.
member
Activity: 112
Merit: 10
September 04, 2011, 11:07:37 PM
Considering that he took the source code straight from bitcoin, and has admitted such, he literally is in direct violation of the license that he agreed to by taking bitcoin's source code.  If anyone is getting sued, it's him.

Yeah, especially with that "And the bitcoin people aren't allowed to use any fixes or improvements I make" crap he stuck in the new license agreement, along with removing all the copyright notices that gave Bitcoin any credit, etc.

Now, the question this thread poses is bitcoin vs solidcoin.

I think the fact a single bitcoin buys you over 200 solidcoins and the price of solidcoin has been sinking like a rock ever since two of the exchanges shut down over CoinHunter's code theft, along with the two biggest pools, and one of the block explorers ceasing to function does a good job of answering which one wins. Smiley
legendary
Activity: 1708
Merit: 1010
September 04, 2011, 10:57:47 PM
vlad, your talking about open source software.... the same goes for all other open source software, its down to peer review..... or is linux/gnu also evil then?

Well, we're half talking about open source software.

SolidCoin isn't open source any more. CoinHunter decided to throw a hissy fit and blame Bitcoin for something ArtForz did, and SolidCoin's _new_ license says you need his permission to modify the source, and it also expressly prohibits the Bitcoin team from using any "fixes" that CoinHunter makes.

So we're talking about an open-source cryptocurrency, and a closed-source cryptocurrency that is a mostly direct copy of the open-source one. Except for a few "improvements" that turned out to be easily exploitable security screwups.

Considering that he took the source code straight from bitcoin, and has admitted such, he literally is in direct violation of the license that he agreed to by taking bitcoin's source code.  If anyone is getting sued, it's him.
member
Activity: 112
Merit: 10
September 04, 2011, 08:58:26 PM
vlad, your talking about open source software.... the same goes for all other open source software, its down to peer review..... or is linux/gnu also evil then?

Well, we're half talking about open source software.

SolidCoin isn't open source any more. CoinHunter decided to throw a hissy fit and blame Bitcoin for something ArtForz did, and SolidCoin's _new_ license says you need his permission to modify the source, and it also expressly prohibits the Bitcoin team from using any "fixes" that CoinHunter makes.

So we're talking about an open-source cryptocurrency, and a closed-source cryptocurrency that is a mostly direct copy of the open-source one. Except for a few "improvements" that turned out to be easily exploitable security screwups.
newbie
Activity: 17
Merit: 0
September 04, 2011, 08:48:23 PM
If such an attack took place, one possibility would be to submit a patch to the client which includes a block checkpoint to the last known point before the 51% takeover point.
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