Dear MasterPool user
you are getting this email because you registered on MasterPool. I'd like to inform you about a severe issue on namecoin blockchain.
Due to the upcoming 51% attack to the namecoin network as outlined on the forums [1][2] MasterPool can not guarantee the safety of your namecoins. In fact if BitcoinEXpress will succeed with his attack and resets the blockchain to block 10000 all blocks ever mined on MasterPool will be undone. This is not only a problem with MasterPool but with all exchanges and pools. The attack is scheduled for block 19100.
At the moment the community is trying to mount countermeasures but it is still unclear if we get enough hashing power to counter this attack. So if you are unsure about what to do and want to be on the safe side it might be the best to withdraw all your namecoins from MasterPool, stop your namecoind, backup your wallet.dat AND your blockchain and wait for the storm to pass.
Your other option is to not withdraw your namecoins from MasterPool. However I CAN NOT guarantee for their safety. Thus you take the risk of loosing ALL your namecoins. I will however do my best to keep them safe. But if the blockchain is reset to block 10k they are gone anyway :-(
MasterPool will stay up during the time of attack. And we'll try to start merged mining on block 19200. If you are brave enough and want to help overcome this issue please consider to put all your available hashing power onto the namecoin blockchain. At the moment this seems to be the only possibility to effectively counter the attack. If you want to help secure the namecoin blockchain please register on at least one other pool to make sure you have an alternative if MasterPool is forced offline during this attack for any reason. Other namecoin pools are for example:
* DoubleC's Namecoin pool:
http://bitparking.com/pool* Davincij15's pool :
http://www.nmcbit.com/Due to the attack Davincij15 offers a very competitive payment of 0.00003030 BTC (yes correct: bitcoins!) per namecoin share [3]. Thus if you are mining BTC in pay per share mode you might want to consider this offer in order to strengthen the namecoin network and get a bunch of bitcoins. Please tell your friends as well!
Happy mining!
[1]
http://dot-bit.org/forum/viewtopic.php?f=2&t=292[2]
https://bitcointalk.org/index.php?topic=43465.0;all[3]
https://bitcointalksearch.org/topic/m.521575