Pages:
Author

Topic: FTC Attack Again (?) | Heads up | (Read 1563 times)

newbie
Activity: 18
Merit: 0
July 21, 2013, 02:59:26 PM
#24
You are a terrible miner, and you are hurting your PXC investment via UNOCS partnership.

FTC needs real miners more than anything to fight it.
How could you make a, clearly, wise and insightful comment whilst knowing nothing about the launch details of UNOCS?

Folks are scared, thus the attacks and 24 hour launch delay. Childish.

My comment had absolutely nothing to do with details about UNOCS.

My comment was that you do not understand how an attack works. When a coin is under a large hash attack, one of the best methods of mitigation is to maintain the real miner hash power and try to add to it if you can. You told people to bail on the coin and go mine your pool so you can make money instead. That negatively impacts a coin under attack(potential attack) and helps the attackers.

When 3 coins partner up, their value becomes connected. If someone controls 33.3% of a company or entity or group and has issues, it typically effects the other partners as well. Same theory that everyone is banking on in that combining 3 coins provides positive reinforcement to the pricing. The positive end is that all 3 collectively add and benefit each other, the negative is that each coin poses an additional layer of risk. The combining of 3 coins is not the same of providing redundancy for protection since they are all working in unison but separately.

If you support one of the three coins, and support UNOCS, you should support all 3 coins equally to get the most benefit.

Wires crossed then - you are hurting your PXC investment via UNOCS partnership. - Sounds like a dig at UNOCS. But if you didn't mean that, fair enough.

As for the partnership, I can't comment. That will have to be seen when it all goes live.
member
Activity: 98
Merit: 10
July 21, 2013, 02:29:49 PM
#23
You are a terrible miner, and you are hurting your PXC investment via UNOCS partnership.

FTC needs real miners more than anything to fight it.
How could you make a, clearly, wise and insightful comment whilst knowing nothing about the launch details of UNOCS?

Folks are scared, thus the attacks and 24 hour launch delay. Childish.

My comment had absolutely nothing to do with details about UNOCS.

My comment was that you do not understand how an attack works. When a coin is under a large hash attack, one of the best methods of mitigation is to maintain the real miner hash power and try to add to it if you can. You told people to bail on the coin and go mine your pool so you can make money instead. That negatively impacts a coin under attack(potential attack) and helps the attackers.

When 3 coins partner up, their value becomes connected. If someone controls 33.3% of a company or entity or group and has issues, it typically effects the other partners as well. Same theory that everyone is banking on in that combining 3 coins provides positive reinforcement to the pricing. The positive end is that all 3 collectively add and benefit each other, the negative is that each coin poses an additional layer of risk. The combining of 3 coins is not the same of providing redundancy for protection since they are all working in unison but separately.

If you support one of the three coins, and support UNOCS, you should support all 3 coins equally to get the most benefit.
newbie
Activity: 18
Merit: 0
July 21, 2013, 02:11:32 PM
#22
You are a terrible miner, and you are hurting your PXC investment via UNOCS partnership.

FTC needs real miners more than anything to fight it.
How could you make a, clearly, wise and insightful comment whilst knowing nothing about the launch details of UNOCS?

Folks are scared, thus the attacks and 24 hour launch delay. Childish.
member
Activity: 98
Merit: 10
July 21, 2013, 02:05:40 PM
#21
it was about 12 when you posted on that page i checked before that other guy posted the link Wink
look at it now lol

notice when the auto pool hoppers move / difficulty changes..
the point i made is very real so you do have to take that into account, it's a fact !
whether that is what is happening or just happened i am not too sure.
don't jump to conclusions.. posts like this is like a weak attack on the coin.
it almost seems like your trying to stir up some controversy to damage the coin or your just being a nub lol

Auto pool switchers do not switch much more hashing power than all alt coins excluding LTC combined. Catch my drift? FTC was in position 3 or 4 at the time and would not be the #1 choice or auto switchers. It hit 26 Gh/s when I was watching it. That is more than LTC's global hashing power (23 Gh/s - 24 Gh/s) for comparison. FTC normally sits around 2 Gh/s - 3 Gh/s.

I was trying to do something nice and notify people that an attack may have been occurring.

It seems the only thing people can do is lie 24/7 and be douchers.

member
Activity: 98
Merit: 10
July 21, 2013, 12:36:34 PM
#20

Give it a rest. You have been playing the same, broken record.

The fast block times after a retarget skews the calculations. You will find a better estimate here (as it uses smaller number of blocks to average) http://www.feathercoin.com/netstats/

Where do you think I got my 26Gh/s network reading?!


legendary
Activity: 2674
Merit: 3000
Terminated.
July 21, 2013, 10:46:39 AM
#19
Quote
FTC trade paid is suspended again due to an attack that has broken the chain again.

https://twitter.com/cryptsy/status/358928709035634689

 Grin Grin Grin Grin Grin Grin Grin Grin Grin
and again and again.. who does this  Shocked Shocked Shocked
sr. member
Activity: 322
Merit: 250
July 21, 2013, 10:43:01 AM
#18
Quote
FTC trade paid is suspended again due to an attack that has broken the chain again.

https://twitter.com/cryptsy/status/358928709035634689

 Grin Grin Grin Grin Grin Grin Grin Grin Grin
sr. member
Activity: 356
Merit: 268
July 21, 2013, 10:38:56 AM
#17
Too many Noobs up in this topic.
legendary
Activity: 1050
Merit: 1000
July 21, 2013, 08:05:25 AM
#16
I would think that 12 GH/s is not attack, but ... the fact that it was just reactivated on cryptsy + left only 11 hours to UNOCS :-) + currently difficulty dropped little bit (eg multipools switching)

Removed from Cryptsy again..  Sad

.. and back again.

They probably saw this thread and panicked.
legendary
Activity: 1316
Merit: 1000
July 21, 2013, 07:54:55 AM
#15
I would think that 12 GH/s is not attack, but ... the fact that it was just reactivated on cryptsy + left only 11 hours to UNOCS :-) + currently difficulty dropped little bit (eg multipools switching)

Removed from Cryptsy again..  Sad
legendary
Activity: 1050
Merit: 1000
July 21, 2013, 07:39:31 AM
#14
This is not the real hashrate, just stats error due to miner switching between main and forked chain !

don't loose your hash with FTC at the moment, better mine PXC http://pxc.theblocksfactory.com/
 I`ve mined it for half a day and after all this effort I`ve got nothing..nada..niente...  Not to be rude or something but I will stop mining this coin !...better with another one. Ah and..I`ve just sold all my FTC`s and I`m  Cheesy  about it

Have you been solo mining? Then its really on you.

I would have at least waited for the UNOCS announcement before selling, but I am sure you had your reasons. Best of luck with your mining.
sr. member
Activity: 308
Merit: 250
July 21, 2013, 06:32:02 AM
#13
This is not the real hashrate, just stats error due to miner switching between main and forked chain !

don't loose your hash with FTC at the moment, better mine PXC http://pxc.theblocksfactory.com/
 I`ve mined it for half a day and after all this effort I`ve got nothing..nada..niente...  Not to be rude or something but I will stop mining this coin !...better with another one. Ah and..I`ve just sold all my FTC`s and I`m  Cheesy  about it
legendary
Activity: 882
Merit: 1000
July 21, 2013, 05:27:29 AM
#12
Government is testing it's ability to destroy cryptos.
legendary
Activity: 2674
Merit: 3000
Terminated.
July 21, 2013, 05:21:08 AM
#11
It was expected  Cool
legendary
Activity: 1050
Merit: 1000
July 21, 2013, 05:10:59 AM
#10
There's no FTC attack, it's been forked for over a month now.

It's a combo of things, stats errors due to miners going between various forks, auto scripts/ multi poolers etc...


~BCX~

Give it a rest. You have been playing the same, broken record.

The fast block times after a retarget skews the calculations. You will find a better estimate here (as it uses smaller number of blocks to average) http://www.feathercoin.com/netstats/
member
Activity: 98
Merit: 10
July 21, 2013, 04:29:01 AM
#9
This is not the real hashrate, just stats error due to miner switching between main and forked chain !

don't loose your hash with FTC at the moment, better mine PXC http://pxc.theblocksfactory.com/

You are a terrible miner, and you are hurting your PXC investment via UNOCS partnership.

FTC needs real miners more than anything to fight it.
legendary
Activity: 1198
Merit: 1000
July 21, 2013, 04:20:37 AM
#8
This is not the real hashrate, just stats error due to miner switching between main and forked chain !

don't loose your hash with FTC at the moment, better mine PXC http://pxc.theblocksfactory.com/
member
Activity: 98
Merit: 10
July 21, 2013, 04:16:02 AM
#7
Wow

Current Network Hashrate   26,378,022 KHash/s

Higher than litecoin.
member
Activity: 98
Merit: 10
July 21, 2013, 04:09:21 AM
#6
are you sure it's not just auto script / multi pool users ?
when i visit here, https://www.multipool.in/
I see they are on FTC right now (see top right corner of screen)

What rate are you seeing? That does not seem plausible.

I just saw Current Network Hashrate: 15,220,519 KHash/s EDIT: *Current Network Hashrate   18,320,182 KHash/s*

That is something like 8x the normal FTC hash rate, and almost to LTC's hash rate. It was at 2-4 Gh/s previously.

I suspect they are hashing to get the next network difficulty to switch at which point their fork will come into play again and actually lower the difficulty. It will then snowball when the profitability rises like last time.

member
Activity: 84
Merit: 10
July 21, 2013, 04:08:46 AM
#5
I would think that 12 GH/s is not attack, but ... the fact that it was just reactivated on cryptsy + left only 11 hours to UNOCS :-) + currently difficulty dropped little bit (eg multipools switching)
Pages:
Jump to: