Topic: Spam Terracoin? - page 5. (Read 7039 times)

If their intention is to mine as intended and not manipulate the chain.

We are seeing hostile intent at such an early stage. How many units has Avalion shipped?

One person is already demonstrating this level of malice towards the alt-coin community. Imagine it, he/she has one of the very,very few ASIC's. Even after the BTC crash over the last couple of days, BTC is back hovering around  $100. Blocks are worth $2500.......Yet he/she would rather destroy an alt-chain.

What will happen when ASIC's are freely shipping? I am sure there are those out there that would use an ASIC(s) to help strengthen an alt-coin network. But, take a good look at the hardcore BTC community and tell me who you think the majority of ASIC holders will be, and what intentions for alt-coins they might have.

Surely it's easy to spoof an email by SMTP, the header file would provide better info. Did you interrogate that?

I would have thought, the more ASICs there are the better. I thought the whole problem was a single ASIC has the majority of the computational power. But if there 10 ASICs that wouldn't be the case. So ironically a mass of ASICs is a better situation than a solitary ASIC with a dominating computational stake. Is that right or wrong..?

People are still trading it on the exchanges. Obviously, this is causing the price to drop. I wonder what it'll be worth in a few days time

Is this why the price of TRC has plummeted, and why I can't seem to withdraw TRC from BTC-e? O_o

I agree with dreamwatcher that it's rather premature and weak to quit at this moment.

By all means terracoin hasn't even tried ppc's adjustment yet. ppcoin itself should be pretty safe from this because of proof-of-stake protection. As for a pure proof-of-work implementation, I think even with some ASIC miner exploiting it, at worst it could probably extend the block spacing from 2 minute to maybe 20 minutes sometimes. Given a reasonably long averaging window it shouldn't be all that intolerable.

Why is BTC-E still allowing TRC to be traded?

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Yes this is true

but the whole description of forked blockchain by Crazy Rabit was wrong and he had access to the private keys to refund the amounts....

Do people not realize this about more then TRC???

Are you truly that short sighted?

Do you think your alt-chains are safe? (Referring to SHA-256)

This is one person with one ASIC. What do you think is going to happen when that number multiplies?

Sunny and the PPC project have my up most respect, and PPC is a coin I most definitely support.

As ingenious and protective the PPC coin difficulty algo is, how about when 5,10,20 ASIC's fire up against it.

Is the message the alt-coin community wants to send: "Go ahead and destroy our chains, we will just lie down and take it."

I have no problem seeing a coin fail due to community market factors, that is the way of a free market.

When one person decides to play "God"  because he/she happens to have advanced technology not available to the 99.999999999% ,and takes that choice away from the community, I will fight it with everything I can offer.You may be satisfied to roll over and take it because you think it will not happen to the coin(s) you support, and make no mistake, I believe PPC will survive the longest. However, it is still in danger from multiple ASIC manipulation. Without some kind ASIC hardening , I doubt any of the SHA-256 alt-coins will survive once ASIC's start shipping normally and orders are being filled.


I certainly hope the e-mail sent out was a mistake, and perhaps the developers changed their mind later.

Whatever the case my be, I for one want to send a different message to those who wish the alt-coin community harm.

We will not take it, and we will fight you every step of the way.

Terrawallet doesn't open bro. Site is down.






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Put the money into PPCoin imo. Similarly priced but in a far superior position in terms of market capitalisation, smart development and original ideas.

True or not, I'm out and not willing to lost any more penny in this crapcoin.

Someone should contact Vircurex about this.

Wow.

Well, so long and thanks for all the fish.

I would presume that some fork of Terracoin is going to keep going.  Which fork it will be may be a problematic question to answer.

I'm still curious when and where the Terracoin dev(s) has warned Terracoin users that they need to be mining.  I agree!  But I haven't seen these warnings, either here on Bitcointalk, or on Terracointalk, or on Terracoin.org.  To be fair, I haven't read the mailing lists.

Have you seen crazzy rabbit going on about terra wallet and how coins are "lost" some alternate block chain.....

but you can see  the coins in the blockchain from TRC explorer, and not just a few


then he puts terrawallet up for sale....

he keeps going on about them being locked up etc etc but they are just fine on the real blockchain (by real I mean the one everyone kept going on with)

Terra coin dev has been working away on fixes, and it was smoothing out he %'s

his account could have been hacked

I can confirm that the email was terracoin dev's, I have communicated with him before on that email.

SPAM


This is SPAM the TERRACOIN SOURCE FILES ARE ALL THERE
https://github.com/terracoin/terracoin/commits/master

and ANYWAY I CLONED THEM HERE
https://github.com/jubalix/terracoin-masterfork?source=cr

see

AND THAT IS NOT THE TERRACOIN DEV's EMAIL

Somebody saw that the project files were deleted from sourceforge and wanted to create a panic and buy lots of coins. So no, I don't think it's real.

I believe adding small scrypt tweak will be all that is needed to severely limit the effects of ASIC's on SHA-256 Alt-coins.

If it comes down it , I will drop my current projects and start working on it immediately.

Where were these warnings issued?  I have never seen them.

I agree that altcoin proponents need to secure their chains.