Topic: BlueCoin (ß) |Hybrid Cold Staking | Bluetooth | 3% Annual Rewards - page 72. (Read 192232 times)
May 06, 2014, 11:30:09 PM
Where i can sell my Blu coins? Who want it buy??
May 06, 2014, 10:09:10 PM
A new color-coin. Can't see any innovation.
May 06, 2014, 10:02:25 PM
Will there be a hardfork?
May 06, 2014, 03:12:09 PM
We have reviewed the situation and there was indeed a fork.
This happens to alt coins when the hash rate gets too low and an attacker with enough hashing power uses his footprint on the network to double spend transactions.
There is nothing we (or ANY Altcoin) for the matter can do to prevent this from happening, other than recruiting more miners. When the POS period comes into effect (roughly 70 days from now) this will obviously no longer be an issue (of course PoS brings its own set of disadvantages).
We are communicating with all the exchangers to get BLU reinstated ASAP and are here actively and vigilantly reviewing the situation...
We appreciate all of your collective patience during this rough start-up phase.
This happens to alt coins when the hash rate gets too low and an attacker with enough hashing power uses his footprint on the network to double spend transactions.
There is nothing we (or ANY Altcoin) for the matter can do to prevent this from happening, other than recruiting more miners. When the POS period comes into effect (roughly 70 days from now) this will obviously no longer be an issue (of course PoS brings its own set of disadvantages).
We are communicating with all the exchangers to get BLU reinstated ASAP and are here actively and vigilantly reviewing the situation...
We appreciate all of your collective patience during this rough start-up phase.
May 06, 2014, 10:13:49 AM
What happened to blue?
The market is frozen now
The market is frozen now
May 06, 2014, 10:01:43 AM
All exchanges (w/o Europex) closed Bluecoin deposit and trade 
May 06, 2014, 08:23:19 AM
I like blue the colour.
May 06, 2014, 05:14:34 AM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
Agreed. I've been monitoring multiple networks and you WOULDN'T believe what's going on.
Luckily everyone is asleep at the wheel, so the deaths should be painless.
Curious, how are you monitoring this?
Custom rolled tools to check network health, also multiple information sources that are doing the same.
Double Spend is a big problem for exchanges for obvious reasons.
Unfortunately, there are way too many blockchains out there to even find out what's happening. I urge community members of each coin to pay attention to hash rates, any spikes, and even to basic info like confirmations. If confirmations start disappearing - watch out!
May 06, 2014, 05:08:11 AM
We are updated to every post on this thread all the time and we will be responding in detail to everyone shortly. Don't lose faith, Thank you!
May 06, 2014, 04:32:29 AM
So, dev isn't responding, very sad...
Network hashrate is decrease. Where we can sell our coins now?
Network hashrate is decrease. Where we can sell our coins now?
May 06, 2014, 04:27:48 AM
Dev, i know you logged in yesterday and knew the situation (Last Active: 05-05-2014, 13:21:31). So assure the the supporters of this coin that you working on the problems to get it right.
May 06, 2014, 03:59:39 AM
Blucoiner has not responded much and the facebook and twitter accounts are basically unchanged since put up. The only two exchanges the coin is on have frozen it due to problems. My take is they are in over their head don't know how to fix the problem so they are running away as quick as possible after selling off their coins before the markets crashed. I might be wrong and I hope the Devs prove me wrong but I think you would be nuts to throw any hash power at this coin right now.
May 06, 2014, 03:05:55 AM
do we have anything going for us with this coin? dev? are you handling the issues with the exchanges?
May 05, 2014, 04:52:19 PM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
Agreed. I've been monitoring multiple networks and you WOULDN'T believe what's going on.
Luckily everyone is asleep at the wheel, so the deaths should be painless.
Curious, how are you monitoring this?
May 05, 2014, 03:16:12 PM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
Agreed. I've been monitoring multiple networks and you WOULDN'T believe what's going on.
Luckily everyone is asleep at the wheel, so the deaths should be painless.
May 05, 2014, 01:33:01 PM
Dev fix this asap please
May 05, 2014, 11:26:02 AM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
May 05, 2014, 06:38:39 AM
Where is the dev?
May 05, 2014, 05:16:48 AM
Ouch, this could be Double Spend Attack number three in the last 4 days or so.
Anyone have any knowledge of network health? BTW, why are mining confirmations set at 350?
P.S. I noticed that DedicatedPool had half of their total Orphans in the last 24 hours. For the last few attacks, there has been a spike in hash rate, a lot of orphans and then a Double Spend on an exchange.
Anyone have any knowledge of network health? BTW, why are mining confirmations set at 350?
P.S. I noticed that DedicatedPool had half of their total Orphans in the last 24 hours. For the last few attacks, there has been a spike in hash rate, a lot of orphans and then a Double Spend on an exchange.
May 05, 2014, 02:51:51 AM
Devs? We just detected what looks like a doublespend attack here @bittrex
txid: d1bc6f318d1a744813d2b7bfd64c973379efcb4adbe7c44c7f102a0d35d7817a
blockhash: 00000000150968b2edf20b5d17b70ca728bb4f6563c9ed2a6ab5d3fe232ba7cf
This went from 5+ confirmations to 0...
"amount" : 249.85000000,
"confirmations" : 0,
"txid" : "d1bc6f318d1a744813d2b7bfd64c973379efcb4adbe7c44c7f102a0d35d7817a",
"time" : 1399274822,
"timereceived" : 1399274822,
We are disabling markets and currency until this is sorted out.
Thanks
Richie@bittrex
txid: d1bc6f318d1a744813d2b7bfd64c973379efcb4adbe7c44c7f102a0d35d7817a
blockhash: 00000000150968b2edf20b5d17b70ca728bb4f6563c9ed2a6ab5d3fe232ba7cf
This went from 5+ confirmations to 0...
"amount" : 249.85000000,
"confirmations" : 0,
"txid" : "d1bc6f318d1a744813d2b7bfd64c973379efcb4adbe7c44c7f102a0d35d7817a",
"time" : 1399274822,
"timereceived" : 1399274822,
We are disabling markets and currency until this is sorted out.
Thanks
Richie@bittrex
Jump to: