Topic: ByteCoin Poll (PLZ Sticky) (Read 28790 times)

Thanks.  I just searched for a cryptocoinexplorer thread, and found this one.

Thanks, and point proven movellan. i never had an asic to mine (although i wish i did) but many people i know did and as shown the blockchain was taken to a halt with ease. we had no malicious intenentions at all. however if someone did have one, then its safe to say bytecoin would suffer a painful death. and thats not even from my mouth. Even warren @ litecoin agreed to it. and hes not someone to be taken lightly

Block explorer is now in sync.

Next time, somebody may try to send me a PM or e-mail when they notice. This is especially true with a coin in the state Bytecoin is in. It is not unusual for the the Block chain to get stuck due to high difficulty and low miner hash. I have seen the Bytecoin chain get stuck for many days, so it was not unusual for me to see the last block on the explorer a few days behind.

However, this time for some reason ABE was stuck on that block. Normally when a explorer gets stuck it is because the coin daemon crashed. This time I had no indication that ABE was stuck as there were no error messages and the daemon was running. I had to completely rebuild the database to fix the issue.

So please, next time, send me a message of some sort or even post in the Cryptocoinexplorer thread, instead of just posting the issue in a forum thread which I might not see.  Thank you.

Several people are mining at this moment.  The correct block count at 2013-11-23 23:27:06 GMT is 28,605.  Blocks are being mined, the web page is not updating correctly.

even if this is the product of a malicious attack it still makes it clear that the merged mining patch is necessary. the fact that he was able to bring the blockchain to a halt is pretty good evidence that his changes are worth while.

Yes, and the reason it's stuck is because ahmed_bodi and his "forker" crowd were counting down till the diff dropped and then pounced on the coin with big ASIC units, and reaped a bundle unit the diff rose again. This from a guy who claimed he didn't mine and only wanted to fork BTE for the good of the coin. See his own admission of perfidy at....

https://bitcointalksearch.org/topic/m.3275648

The blockchain list is stuck at 26,774.

iyo : would this change/fork increase the speed of coin production?..also how might we effect a 8 to 1 ratio to BTC whereas:  

http://en.wikipedia.org/wiki/Byte
"" The byte[coin] /ˈbaɪt/ is a unit of digital information in computing and telecommunications that most commonly consists of eight bits[coin]. ..""  

big ups! tia!

Thanks so much for leaving a few crumbs for us ignorant solo miners. Nice to see you have our future so well-planned.  Hmmmm.........almost like Obamacare, and executed with the same contumely and arrogance. And this from one who admits he doesn't even mine.

There has been a lot of hot air hereabouts concerning the abilities of the "forkers" to know what's best for the rest of us. Well then, go ahead and execute your scheme and let's see what happens.

agreed. i will also be setting up a multipool like pool but with merged mining too. which i will explain later

Actually you can point the miner to merge mined coin exclusively, but it doesn't make any sense because of high diff and low impact you will do.

movellan, I am not a part of "the group", I am just a realist, while you are an idealist.

Hmmm........ That's not what ahmed_bodi claims.

https://bitcointalksearch.org/topic/m.3170099

lol you cant stop mining bitcoin to point your hashpower at a merged minded coin. its merged mined. mining bitcoin and mining bytecoin is the same operation.

Yea, sure.  There are miners on most of the large and medium size BTC pools that are hashing at 1TH+ right now. What happens when your proposed fork goes active and one of these decides to point his hashpower at the forked BTE blockchain? Biparking's current 9200 GH is going to be small potatoes. ahmed_bodi has been making plenty of noise about his proposed fork, so any miner with plus 1TH hashing who's bent on doing damage won't have to point his hardware at BTE for very long to get the diff rate back up to present or higher. So where is the new fork if this happens?

the combined might of all bitcoin miners.

Correct. I'm strongly biased against any alteration of the original BTE blockchain.  BTW, once your group has the proposed fork in place, what's to prevent the guy with the big ASIC from doing the same thing to the new blockchain? 

i also agree. It seems those experienced ones of us. understand the impact well. i know for sure cryptsy will accept the changes and also a pool will since i've discussed my idea with doublec and also with vern

You're strongly biased. I'll try to explain for the final time.
With all this abundant sha256 hashrate pointed at bitcoin, no altcoin can thrive with bitcoin's parameters.
It's that simple.

Following your arguments, these heroic miners should continue mining until the retarget, and when another fat asic comes in and pushes the diff to the sky, they should again continue to mine at a high diff for a possible loss. Take pity on them.

dreamwatcher, I agree.

The crypto currency world is not the same as it was when BTC was released.

When BTC was released it had no competitors, it was truly the first of its kind.

I believe the BTC network was already in the TH range before any competition came to market. The first real competitors where scrypt based and limited to CPU only (In theory at the time).

The BTC network was already well established and basically "untouchable" at this point.

Before April of this year, there were a few active alt-coins, basically plenty of room for them to grow or die by technical merit.

After April, the market exploded and for the first time coins seriously had to compete with one another, not only by technical merit but by marketability, perception and services offered.

The threat of malicious tampering with the block chain of SHA 256 based coins became easy for a single user or small group with the introduction of the SHA 256 ASIC's. There are at least a few BTC "purist" that would take joy in destroying an alt coin at very little cost to themselves. BTC has never faced the type of threat that SHA 256 alt coins face today.

So, as the meme goes: "adapt, change or die".

I can understand the idea of keeping BTE unchanged, unfortunately in today's' market it simply cannot stay an almost 1:1 clone with BTC. The block chain will be continually abused or brought to a screeching halt.

So according to the postings here, either it dies because it gets changed or it dies because of the easy exploiting of the current design.

One is almost a guarantee, if it can be exploited, it will be exploited. Anybody that has been part of the alt-community for even a short time knows it.

On the other hand, will it die out due to lack of interest after a change? That remains unclear.

Just my 2 cents, take it or leave it. At this point I have no dogs in this fight. However if either a difficulty change or merged mining are released and accepted by at least one exchange, I will start a pool and do what I can to support the coin.

^yes BTC would have been. How about i release the client and let the people decide then?. Give it a while. as soon as that diff hits a normal level. mark my words, we can come back to this post. It's going to get driven sky high again.