Is there a kind of block withholding attack? So many blocks were solved by Trade My Bit in so short period.
48194 1 minute 1 25.0 LGC 31.79 Trade My Bit
48193 2 minutes 1 25.0 LGC 30.63 Trade My Bit
48192 2 minutes 1 25.0 LGC 29.65 Trade My Bit
48191 2 minutes 1 25.0 LGC 27.46 Trade My Bit
48190 2 minutes 1 25.0 LGC 38.32 Trade My Bit
48189 7 minutes 2 75.0 LGC 41.28 Trade My Bit
48188 8 minutes 1 25.0 LGC 38.99 Trade My Bit
48187 8 minutes 1 25.0 LGC 38.55 P2Pool
48186 8 minutes 1 25.0 LGC 33.80 mine-coin.de
48185 8 minutes 2 42.0016919 LGC 24.41 Trade My Bit
48184 9 minutes 1 25.0 LGC 19.63 Trade My Bit
48183 9 minutes 1 25.0 LGC 16.58 Trade My Bit
48182 9 minutes 1 25.0 LGC 15.44 Trade My Bit
48181 9 minutes 1 25.0 LGC 13.58 Trade My Bit
48180 9 minutes 1 25.0 LGC 14.02 Trade My Bit
48179 9 minutes 1 25.0 LGC 13.12 Trade My Bit
48178 9 minutes 1 25.0 LGC 13.09 Trade My Bit
48177 9 minutes 1 25.0 LGC 12.83 Trade My Bit
48176 9 minutes 1 25.0 LGC 13.06 Trade My Bit
48175 9 minutes 1 25.0 LGC 13.78 Trade My Bit
48174 9 minutes 1 25.0 LGC 10.91 Trade My Bit
48173 9 minutes 1 25.0 LGC 10.69 Trade My Bit
48172 9 minutes 1 25.0 LGC 8.01 Trade My Bit
48171 9 minutes 2 75.0 LGC 2.25 Trade My Bit
48170 9 minutes 1 25.0 LGC 2.63 Trade My Bit
48169 10 minutes 1 25.0 LGC 3.07 Trade My Bit
48168 10 minutes 1 25.0 LGC 3.56 Trade My Bit
48167 10 minutes 1 25.0 LGC 4.15 Trade My Bit
48166 10 minutes 1 25.0 LGC 4.80 Trade My Bit
48165 10 minutes 1 25.0 LGC 5.63 Trade My Bit
48164 10 minutes 1 25.0 LGC 6.57 Trade My Bit
48163 10 minutes 1 25.0 LGC 7.59 Trade My Bit
48162 10 minutes 1 25.0 LGC 8.69 Trade My Bit
48161 10 minutes 1 25.0 LGC 9.93 Trade My Bit
48160 10 minutes 1 25.0 LGC 11.31 Trade My Bit
48159 10 minutes 2 50.0 LGC 12.91 Trade My Bit
48158 12 minutes 2 8,950.139 LGC 13.22 Trade My Bit
Topic: [LOGIC] Logicoin | Decentralized Anonymous Smart Contracts | Blockchain Tech - page 32. (Read 117214 times)
May 16, 2014, 08:11:40 AM
May 16, 2014, 08:00:34 AM
which pool is best to mine this coin ?
May 16, 2014, 07:53:10 AM
LGC is a great concept for a coin, and I hope you find someone to keep it alive and become something bigger.
May 16, 2014, 07:47:59 AM
There is no block for the last 36 mins? Does it mean trade my bit has left?
Edit: It took 42 mins to find a block. Is it a record? The difficulty was just 64.
Edit: It took 42 mins to find a block. Is it a record? The difficulty was just 64.
May 16, 2014, 06:13:36 AM
Keep it civil guys we are all friends 
It could indeed by the chinese testing out ASIC's which will be a mixed bag if true. It could on one hand do wonders for the price of LGC (If people keep faith) but it would also eventually take the coin out of the everyday miners which is the exact opposite of what we wanted for Logicoin. It's worth noting that we will do everything in our power to stop that from happening.
On the plus side DGW is handling the huge increase and decrease in hashrate exceptionally well.
It could indeed by the chinese testing out ASIC's which will be a mixed bag if true. It could on one hand do wonders for the price of LGC (If people keep faith) but it would also eventually take the coin out of the everyday miners which is the exact opposite of what we wanted for Logicoin. It's worth noting that we will do everything in our power to stop that from happening.
On the plus side DGW is handling the huge increase and decrease in hashrate exceptionally well.
Yes sir. Sorry I got a little steamed. I've just been following from birth, and this is one of the very few new altcoins that I have no doubts is above board, never-mind the fact that it has a dev team that is not only dedicated to it, but also the greater altcoin community. Impressive work all around, and I never said - but congratulations on being an uncle!
No Worries, I appreciate the love you have for LGC
Thanks for the congrats! Glad I'm just an uncle and not a father though!
May 16, 2014, 06:11:47 AM
DEV,we need more exchanges!!!! 
I've contact bittrex and it sound's like listing us is certainly a possiblity. My only concern is that we spread ourselves too thin and open ourselves upto manipulation.
As for our current issue. I've contacted Trade My Bit via IRC and they still have our block reward set as 50LGC. I've alerted them to the fact that we are now on a block reward of 25LGC so hopefully once they make the change it will make us less attractive to them. I'll keep you guys updated.
May 16, 2014, 03:25:58 AM
DEV,we need more exchanges!!!!
Then do your bit and keep the votes coming on Mintpal - https://www.mintpal.com/voting#LGC
A coin is only as good as the community that supports it
edit: a 6 BTC buy wall on poloniex at the moment, must be very interested in Logi!
May 16, 2014, 02:51:07 AM
DEV,we need more exchanges!!!!
May 16, 2014, 02:24:41 AM
GTFO with your knee jerk FUD accusation. Instamining and share/hashpower exploits are very common. Wake up !
Fyi, I have been solo mining random alts non stop for almost a year. (I rarely mine with a pool.) This includes LGC on and off for the past month. I can assure you, this is NOT normal behaviour for ANY coin and should be regarded as highly suspicious.
Fyi, I have been solo mining random alts non stop for almost a year. (I rarely mine with a pool.) This includes LGC on and off for the past month. I can assure you, this is NOT normal behaviour for ANY coin and should be regarded as highly suspicious.
it's like driving behind that car with all the bumper stickers on it. https://bitcointalksearch.org/user/hippie-tech-31553
Really ? Is that the best you can do ?
As you can see by my posts.. we are surrounded by instamined ponzi scheme multipool'd shitcoins. :/
You might also notice that the reactions I'm getting here aren't much different than the ones I saw from the other shitdevs and their socks.
The first 50 barely took 5 minutes.
Block 1 - 2014-04-12 20:00:25
http://chainz.cryptoid.info/lgc/block.dws?000007dee53b4b1a31fc4ee14e22c6f9e1a992d5b2c37ca309c2615f29f275f9.htm
Block 50 - 2014-04-12 20:05:46
http://chainz.cryptoid.info/lgc/block.dws?0000000065e589fcab040ff736e2808c4a696ee193c21c7fd6af6b38c258a21b.htm
How many more instamine sessions will we find ?
Why are the block explorer's timestamps off by one hour ? Is it using UTC ?
Don't really appreciate those accusations. DGW kicked in at block 60 and if you have been around as long as you say you have then you know exactly what happens to a launch if DGW isn't switched on instantly. Blocks get minted very quickly. Go though the pages after the launch and you will see that a few people have a problem with DGW kicking in so early as it properly adjusts the difficulty and makes it hard for solominers to make much profit in the first few moments of the launch.
Everything has been explained and if you did some research then you would find that it is indeed above board. There's nothing at all I can do about multipools unless I change the code in such a way that it would require custom stratum code to be implemented. This would cause a hard fork and would be alot of hassle for everyone involved, it's not something I can just up and change without prior notice or warning.
May 16, 2014, 01:36:44 AM
Keep it civil guys we are all friends
It could indeed by the chinese testing out ASIC's which will be a mixed bag if true. It could on one hand do wonders for the price of LGC (If people keep faith) but it would also eventually take the coin out of the everyday miners which is the exact opposite of what we wanted for Logicoin. It's worth noting that we will do everything in our power to stop that from happening.
On the plus side DGW is handling the huge increase and decrease in hashrate exceptionally well.
It could indeed by the chinese testing out ASIC's which will be a mixed bag if true. It could on one hand do wonders for the price of LGC (If people keep faith) but it would also eventually take the coin out of the everyday miners which is the exact opposite of what we wanted for Logicoin. It's worth noting that we will do everything in our power to stop that from happening.
On the plus side DGW is handling the huge increase and decrease in hashrate exceptionally well.
Yes sir. Sorry I got a little steamed. I've just been following from birth, and this is one of the very few new altcoins that I have no doubts is above board, never-mind the fact that it has a dev team that is not only dedicated to it, but also the greater altcoin community. Impressive work all around, and I never said - but congratulations on being an uncle!
May 16, 2014, 01:09:25 AM
Trade my bit has been hitting LGC - usually hashing around 10-12 GH/s so I imagine it's unlikely it's the only one hopping to it at times.
Yes, they're big. Now tagged in the explorer.
Why are the block explorer's timestamps off by one hour ? Is it using UTC ?
It should be UTC, but there may be places where it's GMT+2 (ie. server time, in which case it's a bug, let me know).I'm planning to add some user settings at some point, and then you'll be able to choose between UTC & your local time.
The exact time stamps are those of the blockchain however, so they can be off by several minutes depending on who extracted the block.
May 15, 2014, 10:58:42 PM
GTFO with your knee jerk FUD accusation. Instamining and share/hashpower exploits are very common. Wake up !
Fyi, I have been solo mining random alts non stop for almost a year. (I rarely mine with a pool.) This includes LGC on and off for the past month. I can assure you, this is NOT normal behaviour for ANY coin and should be regarded as highly suspicious.
Fyi, I have been solo mining random alts non stop for almost a year. (I rarely mine with a pool.) This includes LGC on and off for the past month. I can assure you, this is NOT normal behaviour for ANY coin and should be regarded as highly suspicious.
it's like driving behind that car with all the bumper stickers on it. https://bitcointalksearch.org/user/hippie-tech-31553
Really ? Is that the best you can do ?
As you can see by my posts.. we are surrounded by instamined ponzi scheme multipool'd shitcoins. :/
You might also notice that the reactions I'm getting here aren't much different than the ones I saw from the other shitdevs and their socks.
The first 50 barely took 5 minutes.
Block 1 - 2014-04-12 20:00:25
http://chainz.cryptoid.info/lgc/block.dws?000007dee53b4b1a31fc4ee14e22c6f9e1a992d5b2c37ca309c2615f29f275f9.htm
Block 50 - 2014-04-12 20:05:46
http://chainz.cryptoid.info/lgc/block.dws?0000000065e589fcab040ff736e2808c4a696ee193c21c7fd6af6b38c258a21b.htm
How many more instamine sessions will we find ?
Why are the block explorer's timestamps off by one hour ? Is it using UTC ?
May 15, 2014, 10:23:42 PM
Only 4 more days left until the winner is decided get those votes in people!
https://bitcointalksearch.org/topic/ann-lgc-vote-for-a-new-logicoin-logo-605896
https://bitcointalksearch.org/topic/ann-lgc-vote-for-a-new-logicoin-logo-605896
May 15, 2014, 09:34:23 PM
LGC is currently being easymined or hacked by some kind of share/difficulty exploit.
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
That's exactly what's supposed to happen when a large proportion of mining hash suddenly disappears from the network, because when that happens, the hash that's left takes much much longer to solve the current block. After that "hard block" gets solved, difficulty drops so that the network can catch up to where it is supposed to be in the blockchain.
Every coin does this. It's just more evident on the logicoin network because our core hash is so small. Add up all the hash on our mining pools. Its a pittance compared to other coins.
So if you're going to spread fud about a hack or easymining, how about some proof that it isn't just this phenomenon that all coins deal with. Otherwise, don't label it like that, just post your pictures, summarize what you saw and ask for an explanation. If you don't agree with the answers you get, let us know. Show us something we haven't considered. Anything. Help us!
If it is just a huge coin switching pool then that IS a problem, and by the sounds of things, its being worked on. But its not a hack.
GTFO with your knee jerk FUD accusation. Instamining and share/hashpower exploits are very common. Wake up !
Fyi, I have been solo mining random alts non stop for almost a year. (I rarely mine with a pool.) This includes LGC on and off for the past month. I can assure you, this is NOT normal behaviour for ANY coin and should be regarded as highly suspicious.
May 15, 2014, 07:42:09 PM
Keep it civil guys we are all friends
It could indeed by the chinese testing out ASIC's which will be a mixed bag if true. It could on one hand do wonders for the price of LGC (If people keep faith) but it would also eventually take the coin out of the everyday miners which is the exact opposite of what we wanted for Logicoin. It's worth noting that we will do everything in our power to stop that from happening.
On the plus side DGW is handling the huge increase and decrease in hashrate exceptionally well.
It could indeed by the chinese testing out ASIC's which will be a mixed bag if true. It could on one hand do wonders for the price of LGC (If people keep faith) but it would also eventually take the coin out of the everyday miners which is the exact opposite of what we wanted for Logicoin. It's worth noting that we will do everything in our power to stop that from happening.
On the plus side DGW is handling the huge increase and decrease in hashrate exceptionally well.
May 15, 2014, 07:34:02 PM
Did the coin fork?
http://chainz.cryptoid.info/lgc/#
Looks like many of the other pools are offline and there's only an UNKNOWN that's doing like 85% of the extraction.
http://chainz.cryptoid.info/lgc/#
Looks like many of the other pools are offline and there's only an UNKNOWN that's doing like 85% of the extraction.
Don't think there's a fork. But x11 multipools have hit us hard:(
Pretty sure its a large pool hoping from coin to coin. You'll notice the diff climbs extremely high and then they (the large pool I'm guessing) stops mining LGC and we don't get a block for 10 or so minutes at which point we find many in quick succession. It's probably an unknown chinese pool.
If it were a fork our wallets wouldn't sync up with the blockchain so as long as your wallet shows the same block as the explorer I think we are safe from a fork.
Trade my bit has been hitting LGC - usually hashing around 10-12 GH/s so I imagine it's unlikely it's the only one hopping to it at times.
May 15, 2014, 07:22:45 PM
LGC is currently being easymined or hacked by some kind of share/difficulty exploit.
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
That's exactly what's supposed to happen when a large proportion of mining hash suddenly disappears from the network, because when that happens, the hash that's left takes much much longer to solve the current block. After that "hard block" gets solved, difficulty drops so that the network can catch up to where it is supposed to be in the blockchain.
Every coin does this. It's just more evident on the logicoin network because our core hash is so small. Add up all the hash on our mining pools. Its a pittance compared to other coins.
So if you're going to spread fud about a hack or easymining, how about some proof that it isn't just this phenomenon that all coins deal with. Otherwise, don't label it like that, just post your pictures, summarize what you saw and ask for an explanation. If you don't agree with the answers you get, let us know. Show us something we haven't considered. Anything. Help us!
If it is just a huge coin switching pool then that IS a problem, and by the sounds of things, its being worked on. But its not a hack.
May 15, 2014, 07:03:19 PM
Did the coin fork?
http://chainz.cryptoid.info/lgc/#
Looks like many of the other pools are offline and there's only an UNKNOWN that's doing like 85% of the extraction.
http://chainz.cryptoid.info/lgc/#
Looks like many of the other pools are offline and there's only an UNKNOWN that's doing like 85% of the extraction.
Don't think there's a fork. But x11 multipools have hit us hard:(
Pretty sure its a large pool hoping from coin to coin. You'll notice the diff climbs extremely high and then they (the large pool I'm guessing) stops mining LGC and we don't get a block for 10 or so minutes at which point we find many in quick succession. It's probably an unknown chinese pool.
If it were a fork our wallets wouldn't sync up with the blockchain so as long as your wallet shows the same block as the explorer I think we are safe from a fork.
Yes I believe this to be the case. I'm doing some digging but It looks like a very large mining farm or a multipool.
it is a chineese asic company testing x11 asic, take a look at the darkcoin forum to get a better idea, basically the new asic chips are very poor quality and not cheap, they are hitting the x11 coins in ever growing hashrates as they try and work out the kinks.
Blackcoin pool is on and off the network still aswell.
darkcoin went from 30-70ghs in 24hours as its price has increased alot and is now very hard to mine
hold your logi, they cannot keep mining it at this price.....it has to rise, even darkcoin at over $5 a coin is not profitable to mine right now and x11 is very much the in thing right now
May 15, 2014, 06:36:32 PM
LGC is currently being easymined or hacked by some kind of share/difficulty exploit.
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
The share exploit doesn't affect the entire network. I'm almost certain its a large pool or farm. The reason that we got 6 blocks in 14 seconds is because before those 6 blocks we hadn't found one in a quite a few minutes so DGW kicks in and averages it out so that it hits the 1 block per 60 seconds.
diff should be around 5 for our true network hash > Large pool or farm jumps on network and finds blocks in quick succession > Diff hits 70-80 > Pool or farm stops mining > Because diff is so high and hashrate is now low it takes a while to find a block > Once block is found DGW kicks in and diff drops sharply > We find more blocks in quick succession so that the network averages out to its 60 second block time.
I can probably deal with a multipool with the upcomming fork if thats what it actually is.
May 15, 2014, 06:27:34 PM
LGC is currently being easymined or hacked by some kind of share/difficulty exploit.
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.
6 blocks minted in only 14 seconds !
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