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Topic: delete - page 2. (Read 3602 times)

member
Activity: 112
Merit: 11
Hillariously voracious
October 11, 2011, 07:45:47 AM
#15
Haxing solidcoins, sir!
donator
Activity: 1218
Merit: 1079
Gerald Davis
October 11, 2011, 07:37:19 AM
#14
So

SC2 is open except the sourced code hasn't been made available.
SC2 is distributed except that every other block comes from special trust nodes setup by a single person, without which the network simply can not run.
SC2 is fair except 1 mil coins premined + 5% eternal tax + the most rapid coinbase inflation in history of crypto-currency.


member
Activity: 112
Merit: 11
Hillariously voracious
October 11, 2011, 07:13:54 AM
#13
Well, your chain will soon have about a million rapidmined coins that are guaranteed to flood the market

Good game, SC2
full member
Activity: 168
Merit: 100
October 11, 2011, 07:10:22 AM
#12
Sure, eat this, 51% attackers. No one can perform a network overtake, because the actual network actually produces only 50% of the coins.
That would be 50% of the blocks, not 50% of the coins wouldn't it? The 1 difficulty even blocks are for less coins - they are the protection fund coins IIUC.

That would make sense. Besides..cant you just use a block explorer to see all the blocks and whats in them ?

You can also use sc_getblockbynumber... The TBX trolls just try to spread FUD because they know, SC2 is more advanced than their premined chain crap...
hero member
Activity: 686
Merit: 500
Wat
October 11, 2011, 06:24:26 AM
#11
Sure, eat this, 51% attackers. No one can perform a network overtake, because the actual network actually produces only 50% of the coins.
That would be 50% of the blocks, not 50% of the coins wouldn't it? The 1 difficulty even blocks are for less coins - they are the protection fund coins IIUC.

That would make sense. Besides..cant you just use a block explorer to see all the blocks and whats in them ?
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
October 11, 2011, 06:20:11 AM
#10
Hmm I wonder if that means that if CH stops mining, the whole network cannot produce any more blocks ... ... ...

No I'm not suggesting a way to take down SC2.0 - of course not.
(what IP addresses are creating EVEN numbered blocks?)
sr. member
Activity: 313
Merit: 251
Third score
October 11, 2011, 06:19:37 AM
#9
Sure, eat this, 51% attackers. No one can perform a network overtake, because the actual network actually produces only 50% of the coins.
That would be 50% of the blocks, not 50% of the coins wouldn't it? The 1 difficulty even blocks are for less coins - they are the protection fund coins IIUC.
Correct, if we all understand correctly. I had not realised that.

Whatever the case, from a scientific standpoint it is an interesting experiment which will certainly be written of in the history of blockchains.

"Remember Coinhunter and Solidcoin?" said the grandfather to his grandson.
legendary
Activity: 1078
Merit: 1005
October 11, 2011, 06:05:56 AM
#8
Sure, eat this, 51% attackers. No one can perform a network overtake, because the actual network actually produces only 50% of the coins.
That would be 50% of the blocks, not 50% of the coins wouldn't it? The 1 difficulty even blocks are for less coins - they are the protection fund coins IIUC.
sr. member
Activity: 313
Merit: 251
Third score
October 11, 2011, 05:59:09 AM
#7
Well, I was close to the answer:
https://bitcointalksearch.org/topic/m.567749

Indeed, blocks are found with difficulty 1, but only half of them, and only by CH's miners which are specially designed to mine without taking into account the current difficulty every other block.

It wasn't a bug after all it's a feature !!! Who would have thought?

Sure, eat this, 51% attackers. No one can perform a network overtake, because the actual network actually produces only 50% of the coins.

No wonder BTCExpress thought that he was succeeding in his attack.

Well, that also explains why all of Coinotron's blocks are ODD numbers (as in opposite to EVEN).

Next thing that happens, BTCExpress or Artforz hacks a similar "super client" and start mining at difficulty 1 every other block, BEFORE CH manages to do so.

This is surely going to be fun  Smiley.
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
October 11, 2011, 05:33:05 AM
#6
coblee, what do you make of the OP. everyother block goes to coin protection.

Only one thing to say.... Litecoin is coming soon.
No premines, no coin protection fund, open sourced, and a fair release.

BitcoinEXpress, if you are reading this, please don't attack Litecoin. :p
sd
hero member
Activity: 730
Merit: 500
October 11, 2011, 05:32:16 AM
#5
coblee, what do you make of the OP. everyother block goes to coin protection.

It looks like CH designed this thing so the difficulty 1 'tock' blocks could only be generated by certain systems. It looks like some kind of rate limiting or block generating brake. It also looks like it's not working. Or it could be some kind of anti-forking protection. Even if working as designed his system generates twice the blocks three times as often as BitCoin, over time it's going to use 6 times the bandwidth and disk space. That rules mobile devices out of ever being part of the SC2 network.

SC2 difficulty targeting is obviously wrong. The problems it suffers from have been widely discussed here.

If CH released his design here he would have got flamed but he would also have got invaluable feedback. Now he has an implementation based on what appears to be an incorrect design. He has no choice but to fundamentally change that design.


I for one am glad I slept though the whole thing.
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
October 11, 2011, 05:02:12 AM
#4
Science fact: A million premined affects the market far less than a million hax-mined.

Got to agree with you there.
member
Activity: 112
Merit: 11
Hillariously voracious
October 11, 2011, 04:59:01 AM
#3
Science fact: A million premined affects the market far less than a million hax-mined.
member
Activity: 112
Merit: 11
Hillariously voracious
October 11, 2011, 04:46:44 AM
#2
So actually Protecshun fund is more like 5% extortion + 5% theft ? Ossom.
newbie
Activity: 58
Merit: 0
October 11, 2011, 04:36:35 AM
#1
delete
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