Topic: Terracoin. What the hell is going on? - page 3. (Read 6979 times)

As for the rest of the quote, I didn't bother reading your bullshit.

Respect their elders? I’ma worry about me, give a fuck about you. Besides, you've fucked up your life already, have kids with loads of girls but you're not even there for the kids or the girls...

So, as I said, the blocks he contributed shares too (be they new blocks, old blocks or whatever) are just now confirming and he is being paid appropriately by p2pool as he should be...

LOL, like anyone cares what you think Simran... I remember when teenagers used to respect their elders, shame the majority of you are fucking idiots now.

Windows, Java, Flash, many major softwares are closed-source and yet they exist on pretty much every computer in the world without issue.

RuCoin has been around for a couple years now, I've been mining it for over 6 months and I have never had a problem with it not being open-sourced and have had no emptying of my wallets, corruption of my other clients, virus infections, etc...

Do some real research on the coin and go through the forums and you will find that no one else has had any of these problems either in the couple of years that RUC has been around now.

The reason their code is closed-source for the time being is for security reasons, they are not finished doing dev on the client (it is considered to be in Beta right now) and they will not release the current source until they are confident that they have covered all possible exploits.

You can talk all the shit you want about it, but the fact remains it is currently the only client safe from most types of attacks including the dreaded 51%

If you want to keep mining on clients which are susceptible to attack and total destruction should someone have the whim to, be my guest.

But in my personal opinion, having observed you here in the forums and on BTC-e chat, your thoughts and opinions aren't even worthy of mention since most of it is ego-driven, troll-bait bullshit.

The client doesn't dictate what the coin is. It's a shit coin and not open source, you couldn't even find the latest source code for. Enough with your RuCoin bullshit. Nobody gives a fuck about the coin, it was so shitty that BTC-e took it out. Come on, stop being so stubborn and accept that it's a piece of shit.

As for TRC... yeah... It's dead. I think it would be best not to mine on this chain before people start losing money.

by the way i'm not sure p2pool is the best way to mine TRC now, i remember an issue (now vanished in limbo) where dev said he was contacting p2pool dev about unusual orphan blocks, and per-block retargets

It's perfectly normal. P2Pool uses the PPLNS reward system.

Your contribution during a time window is used to compute your reward. I don't know the window used for Terracoin, on Bitcoin P2Pool uses a 24h window or the time needed to produce 3 blocks, whichever is smaller.

You don't have to mine or even run your node to be rewarded if P2Pool finds a block.

You stopped mining but the blocks you contributed hashing power to are just now confirming and p2pool is paying you out appropriately as it should.

p2pool always worked like that, PPLNS, you gather shares while mining, then every single block solved by p2pool will include you in payouts as long as you have valid shares in p2pool share chain (that number will decrease with others mining after you stopped)

Can anyone explain this?

I stopped mining TRC 3 hours ago (P2Pool) but 23 minutes ago my client suddenly said "incoming!":

Maybe the TRC devs might be interested in checking out an idea I had: https://bitcointalksearch.org/topic/looking-for-partners-to-dev-the-ultimate-crypto-apcxs-175858

People seeing difficulty below 5255 are on an orphaned chain and should update their client ASAP (this is the minimum difficulty supported by the latest client).

https://sourceforge.net/mailarchive/forum.php?thread_name=5168555B.1080905%40gmail.com&forum_name=terracoin-announce shows an email sent yesterday, but that one was indeed quite brutal (24 hours before it becomes mandatory)...

dustcoin.com/mining is on block 104396 with difficulty 12265.71592580.  I think I've been on top of updating terracoind from the latest github source, despite the dev's ridiculous lack of communication and short release schedules.

Is it possible that some services, miners and users are just running older versions of terracoin, and the forks are caused by the frequent hardforking updates to the difficulty adjustment algorithm?

Mining in P2Pool I got on the "banned nodes list" while using the most recent client, mining on the right chain and 2700Mhash/s.

Looks like there are at least 2 chains, when I look in the P2Pool statistics:

Actually there is a way to test this theory.  Using the latest TRC client, there is "banned IP" list of misbehaving clients suspected of hashing/relaying fake blocks.  Just match these sets of IP addresses to those found on BTC's Blockchain.info and you should see some overlap right away, since obviously 0.5 ~ 1 Tera hash/second hashrate would not just come out of nowhere.  Though obviously some of those on the banned list is likely innocent, since they are just relaying fake blocks from malicious attackers, or they could have been spoofed.

Something that makes sense is if the individual has a mega ton of Bitcoins from the oldschool days (millions of dollars worth). That person can afford the opportunity cost of not using the ASIC to mine for bitcoins. And that person has an extremely strong incentive to stop competing coins eating into the market share of Bitcoin.

So the Terracoin development team is located in East Coast, United States?

I got into Terracoin at the start of this year to learn about the cryptocurrency network.  BTC is just too valuable to waste on test and experiment.  Believe me, I have learned so much thru TRC (including the current debacle) than I ever will via BTC.  Plus, the few active member such as Crazy Rabbit, Fuzzy Bear, and Walter Rothbard all seemed really nice (note the fuzzy animals and puppets in these user names).  So it is a real shame that TRC has come to this.  

I really don't understand why someone with 500 Giga to 1 Tera hash/second hashrate would attack the TRC network instead of making a load of money mining BTC.  Note that this attack has gone on for many days now, while BTC has gone all the way to USD$250 and beyond.  So instead of making up to $5,000 mining BTC everyday, this person is screwing around with the TRC chain and got maybe 50K~60K TRC coins, worth only $10,000 at the current exchange rate.  So the person basically spent $30,000~40,000 in lost opportunity cost to attack the TRC chain.  That frankly is not rational.  

But in any case, best of luck to the TRC team in trying to find the solution.  

It seems like from

http://www.cryptocoinexplorer.com:3750/chain/Terracoin?count=20

and the last few pages, that 5255 is the new floor minimum difficulty. Which is better than the swings down to <100 and coins ever few seconds.

Perhaps TRC will pull through all of this and I'll launch a TRC pool after all!

It's interesting to note now that 51% attacks are not the only threat, but that difficulty attacks are just as dangerous to a chain.

http://cryptocoinexplorer.com:3750/chain/Terracoin?count=60&hi=104332

Between blocks 104292 and 104326, one hour of 5.25K diff.
What happened, Asic broke?