Has Solidcoin finally been shut down? - page 2.

El Cabron

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Quote from: CoinHunter on February 25, 2012, 10:28:18 AM

Quote from: El Cabron on February 25, 2012, 10:15:39 AM

Why were the block rewards of SC cut down by what, 10,000% This was because there was so much demand?

Have a read here :- http://solidcoin.info/economy.html

Basically it's more to do with adding an automatic inflation / deflation mechanism and removing the remaining pyramid scheme aspect from the economy. From this point on coins are pretty fairly made now vs 2 years from now. It's also a market stabilization feature that many businesses want before they adopt a cryptocurrency. So now it's fair to mine without devaluing past coins and eventually will be a very stable price due to these features.

Thanks for clearing that up Wink

CoinHunter

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Quote from: El Cabron on February 25, 2012, 10:15:39 AM

Why were the block rewards of SC cut down by what, 10,000% This was because there was so much demand?

Have a read here :- http://solidcoin.info/economy.html

Basically it's more to do with adding an automatic inflation / deflation mechanism and removing the remaining pyramid scheme aspect from the economy. From this point on coins are pretty fairly made now vs 2 years from now. It's also a market stabilization feature that many businesses want before they adopt a cryptocurrency. So now it's fair to mine without devaluing past coins and eventually will be a very stable price due to these features.

El Cabron

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Quote from: CoinHunter on February 25, 2012, 09:38:20 AM

Quote from: Blind on February 24, 2012, 09:33:27 PM

And yet despite obvious bullshit, Solidcoin has ton of followers. I think Coinhunter wastes his true talent with Solidcoin, he would do much better for himself as a cult leader.

The reason SolidCoin attracts people is because it has clear progression from Bitcoin and the goals they have gel well with many intelligent and logical people. Of course such a thing is "heresy" on these forums as SolidCoin is competing with Bitcoin, but if you came onto irc or the forum you'd see they have a different "class" of supporter than Bitcoin.

I don't think it's cult like at all, logic just appears that way as it gives everyone a clear guide on how to interpret the world truthfully.

Why were the block rewards of SC cut down by what, 10,000% This was because there was so much demand?

CoinHunter

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Activity: 252

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Quote from: Blind on February 24, 2012, 09:33:27 PM

And yet despite obvious bullshit, Solidcoin has ton of followers. I think Coinhunter wastes his true talent with Solidcoin, he would do much better for himself as a cult leader.

The reason SolidCoin attracts people is because it has clear progression from Bitcoin and the goals they have gel well with many intelligent and logical people. Of course such a thing is "heresy" on these forums as SolidCoin is competing with Bitcoin, but if you came onto irc or the forum you'd see they have a different "class" of supporter than Bitcoin.

I don't think it's cult like at all, logic just appears that way as it gives everyone a clear guide on how to interpret the world truthfully.

illpoet

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Activity: 341

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Quote

And yet despite obvious bullshit, Solidcoin has ton of followers. I think Coinhunter wastes his true talent with Solidcoin, he would do much better for himself as a cult leader.

he should totally run for office

Blind

full member

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Quote from: RoloTonyBrownTown on February 23, 2012, 04:59:20 PM

Lol, Coinhunter cracks me up Cheesy

DDOS in progress - Coinhunter says "..."

DDOS stopped - Coinhunter says "Pff, look! Everything is fine!"

DDOS in progress - Coinhunter says "..."

Douche Cheesy

And yet despite obvious bullshit, Solidcoin has ton of followers. I think Coinhunter wastes his true talent with Solidcoin, he would do much better for himself as a cult leader.

RoloTonyBrownTown

sr. member

Activity: 350

Merit: 250

Lol, Coinhunter cracks me up Cheesy

DDOS in progress - Coinhunter says "..."

DDOS stopped - Coinhunter says "Pff, look! Everything is fine!"

DDOS in progress - Coinhunter says "..."

Douche Cheesy

k9quaint

legendary

Activity: 1190

Merit: 1000

Welcome back Coinhunter/Realsolid/Viper/Psy/Sockpuppetdujour.

If people want to ddos the SolidCoin tyrant nodes, there is nothing that can be done. The block chain stops until the tyrant nodes are able to process blocks again. Of course, now that the DDOS is over transactions go through. Notice the complete lack of comment about how great Solidcoin was doing until after the DDOS ended. Cheesy

SC2 = fair weather blockchain.

Imagine how much fun SA could have when they compromise a tyrant node.

CoinHunter

sr. member

Activity: 252

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Quote from: ?? on ??

Well we can see how well it worked for Solidcoin Grin

Wasn't put in place until the latest attack. But we'll see how it goes I guess.

LoupGaroux

sr. member

Activity: 574

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And in related news Idi Amin is still dead.

CoinHunter

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Merit: 250

Looks like the site is up to me :- http://solidcoin.info

If people want to ddos the SolidCoin websites then there isn't much that can be done. DDoS are temporary and have nothing to do with the decentralized SolidCoin network. Over 1500 different SolidCoin nodes have existed in the past 3 weeks, try DDoSing them all. Tongue

I hear that SolidCoin are offering DDoS website protection to anyone wanting it, so any businesses wanting it can get some cheap/free protection from the teenagers who think it's cool using their botnets.

RoloTonyBrownTown

sr. member

Activity: 350

Merit: 250

There's still time

Ten98

sr. member

Activity: 1008

Merit: 250

I'm happy to report that despite this lame DDOS attempt on a couple of Solidcoin websites, the Solidcoin network is running perfectly with no issues. Just sent a test transaction which confirmed within 3 minutes. As most of you will know, the websites are in no way connected with the Solidcoin network itself, so a DDOS on them has no effect.

The two major Solidcoin exchanges, slc24.com and btc-e.org are also working well with no issues.

So no, Solidcoin has not been shut down.

dibbs

newbie

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Quote from: Vod on February 23, 2012, 12:15:07 AM

Quote from: dibbs on February 22, 2012, 10:03:17 PM

Man alive... This is painful to watch. I hope at least one of these coins survives all this nonsense.

Why? If they die from something as simple as this, they should not exist. You can't take down bitcoin with a DDOS attack.

I'm not concerned with the DDOS from a technical standpoint, and actually, they're good in a way, since they force devs to up the ante a bit. Rather, these childish wars as whole between competing coins don't paint a pretty picture for merchants who just want to do good, clean business.

Imagine China and India duking it out, bombing each others' mints, and burning their banks to the ground. Who's currency do you want to use? Neither? You want to stick with USD?? What's wrong with you? lol

Vod

legendary

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Licking my boob since 1970

Quote from: dibbs on February 22, 2012, 10:03:17 PM

Man alive... This is painful to watch. I hope at least one of these coins survives all this nonsense.

Why? If they die from something as simple as this, they should not exist. You can't take down bitcoin with a DDOS attack.

dibbs

newbie

Activity: 22

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Man alive... This is painful to watch. I hope at least one of these coins survives all this nonsense.

k9quaint

legendary

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Quote from: ?? on ??

Coinhunter over on Solidcoin IRC saying nothings wrong LOL...

I'll have to take your word for it, I was taken out in the last series of mass bannings. Roll Eyes

k9quaint

legendary

Activity: 1190

Merit: 1000

Quote from: ?? on ??

This will end when the Solidcoin community decides Coinhunter doesn't speak for them.

Coinhunter holds the private keys to the SC tyrant-nodes. He will always speak for them.
It is why we refer to them as sockpuppets.

Snapman

sr. member

Activity: 291

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BTCRadio Owner

damn, hungry for a taco now

tacotime

legendary

Activity: 1484

Merit: 1005

Vircurex is down too... jeez.

edit: Looks like http://slc24.com/ is toast too

Topic: Has Solidcoin finally been shut down? - page 2. (Read 5288 times)