Topic: Spam Terracoin? - page 6. (Read 7039 times)
Small SHA256 chains are not safe atm.
We've been warning users multiple times regarding the fact that if they
really wanted to protect their coins, they should participate in mining,
but we were never heard.
really wanted to protect their coins, they should participate in mining,
but we were never heard.
Bingo!
If the developers are shutting down the project, (no real confirmation yet):
Personally I think that is...well..Kind of a cop out.
There were people mining, I had 3 GH pointed at it myself and I have read of at least two others with 7 and 10 GH claiming to be hashing TRC.
The problem is, ASICs are just to damn efficient and powerful for fledgling coins and all SHA-256 alt-coins are going to have to harden against them.
If the developers are abandoning the project, I will invite volunteers to help me continue its development and upkeep on my repository.
There is no reason this chain cannot be fixed. To give up now, especially after TRC has made it onto a major exchange like BTC-E would be foolish.
We've been warning users multiple times regarding the fact that if they
really wanted to protect their coins, they should participate in mining,
but we were never heard.
really wanted to protect their coins, they should participate in mining,
but we were never heard.
Bingo!
Strange, especially since the developers just put up a new version about a hour ago on both github and sourceforge.... 
TerraCoin <[email protected]>
Will close the terracoin project
before announcing this on our mailing lists, we first wanted to let
suggest you stop exchanging terracoins IMMEDIATELY.
A few hours ago (2013-04-12 19:26:32, block 103799), the terracoin
blockchain was successfully forked by an attacker.
10 blocks were injected into the blockchain while the regular users
where mining one block.
(the attacker had at least 10 times the total network speed at this time).
We've been warning users multiple times regarding the fact that if they
really wanted to protect their coins, they should participate in mining,
but we were never heard.
In order to prevent you from receiving massive sell orders, we first
wanted to suggest you to immediately close your TRC service.
To prevent other merchants, users or services from loosing real money,
we have the regret to close the Terracoin project.
Binaries from our mirrors, sourcecode and repositories are going to be
removed, the seednodes required to join the network were stopped.
Attached text file contains the block hases involved in this fork ; at a
glance, it appears 7k+ TRC were manipulated.
Also we catched a few ip addresses first-relaying the concerned blocks,
we have no real proof of the attacker's identity.
In a few hours we'll announce the project closure via our mailing lists.
regards.
spam
Will close the terracoin project
before announcing this on our mailing lists, we first wanted to let
suggest you stop exchanging terracoins IMMEDIATELY.
A few hours ago (2013-04-12 19:26:32, block 103799), the terracoin
blockchain was successfully forked by an attacker.
10 blocks were injected into the blockchain while the regular users
where mining one block.
(the attacker had at least 10 times the total network speed at this time).
We've been warning users multiple times regarding the fact that if they
really wanted to protect their coins, they should participate in mining,
but we were never heard.
In order to prevent you from receiving massive sell orders, we first
wanted to suggest you to immediately close your TRC service.
To prevent other merchants, users or services from loosing real money,
we have the regret to close the Terracoin project.
Binaries from our mirrors, sourcecode and repositories are going to be
removed, the seednodes required to join the network were stopped.
Attached text file contains the block hases involved in this fork ; at a
glance, it appears 7k+ TRC were manipulated.
Also we catched a few ip addresses first-relaying the concerned blocks,
we have no real proof of the attacker's identity.
In a few hours we'll announce the project closure via our mailing lists.
regards.
spam
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