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Topic: TETCoin - What happened? (Read 1071 times)

member
Activity: 72
Merit: 250
January 05, 2015, 10:43:46 PM
#4
Tetcoin Version 0.8.7.2 Build Five for Windows has been released: https://tetcoin.co/files/releases/tetcoin-qt-v0.8.7.2-win32-build.5.zip.  This is a maintenance distribution that serves as a drop in replacement for the previous release.  It is strongly recommended to update to this release as it contains the consensus update as well as improved UPNP Support.  This build has removed qr code support as this functionality is present within exchanges.
member
Activity: 72
Merit: 250
January 05, 2015, 07:57:25 PM
#3
Tetcoin Version 0.8.7.2 Build 3 for OSX has been released: https://tetcoin.co/files/releases/tetcoin-v0.8.7.2-build.3.app.dmg  This release includes the latest consensus update, fixes several known issues with the previous version and enables UPNP Support.
member
Activity: 72
Merit: 250
January 03, 2015, 10:30:45 AM
#2
It is true that there are at least three Tetcoin Networks.  Our experience has shown that is always good to have multiple data sets to work with.  During Q3 of 2014, we began building applications on top of Tetcoin Technology.  As a result, our support system shifted to Ubuntu 14.04 LTS Only around September of 2014.  Clients running on platforms other than Ubuntu most likely are operating on what we set up to be a backup chain.  A backup chain was necessary as there was evidence that the Tetcoin Blockchain could have been rendered inert with the creation of Tetchain.  Some of these clients were allowed in secret to connect to both networks to allow the preservation of what was at the time a 45% reserve of Tetcoin.

This does not mean that we are excluding other Operating Systems from the benefits of Tetcoin.  It does mean that Ubuntu Applications have and always will be first in line within our development cycle.  In general, we are in a traditional daily production cycle with monthly and quarterly updates.  This includes all cryptocurrency platforms produced by Treefunder.

All of our tests proved that Tetcoin Wallet files are compatible between operating systems.  To ensure that the correct chain is being used, switch to the source at https://github.com/tetcoin and use the master branch on Ubuntu 14.04 LTS.  One may also import private keys to https://wallet.tetchain.com with confidence on a decentralized wallet that only stores information in the browser.

Treefunder is the trusted source for Tetcoin Analytics.  Visit https://tet.treefunder.co to accurately verify all transaction information.  At the time of this post, live updates to https://tet.treefunder.co have been disabled.  This is not an issue as live updates will be reactivated by the end of the business day.  The Tetcoin Network reached 1.5 GH/s for the first time on January 2, 2015.  It seems someone was privately chasing the 71 BTC in volume on the previous day as Treeburner only held 200 MH/s control of the Network.

Future minting of Tetcoin has and always will be controlled by miners.  At the current levels, ~50,000 TET can be produced daily.  The majority of Tetcoins are in circulation with about 1,500 BTC total in offerings.  Our target valuation is 0.00055 BTC Daily per MH/s with active Buy Back programs. 
hero member
Activity: 780
Merit: 501
January 02, 2015, 05:03:32 AM
#1
Something fishy here...

Tetcoin developer released a minor update to the wallet no hard forking or consensus change.  He blocks older clients from connecting to his new one.

Code:
 // network protocol versioning
//
-static const int PROTOCOL_VERSION = 70003;
+static const int PROTOCOL_VERSION = 12870003;
// intial proto version, to be increased after version/verack negotiation
-static const int INIT_PROTO_VERSION = 209;
+static const int INIT_PROTO_VERSION = 128209;
// disconnect from peers older than this proto version
-static const int MIN_PEER_PROTO_VERSION = 70003;
+static const int MIN_PEER_PROTO_VERSION = 12870003;
// nTime field added to CAddress, starting with this version;
// if possible, avoid requesting addresses nodes older than this
@@ -42,9 +42,9 @@ static const int NOBLKS_VERSION_START = 32000;
static const int NOBLKS_VERSION_END = 32400;
// BIP 0031, pong message, is enabled for all versions AFTER this one
-static const int BIP0031_VERSION = 60000;
+static const int BIP0031_VERSION = 12860000;
// "mempool" command, enhanced "getdata" behavior starts with this version:
-static const int MEMPOOL_GD_VERSION = 60002;
+static const int MEMPOOL_GD_VERSION = 12860002;
#endif

He fails to mention this on the forum thread. Months go by, several users continue using the 'older' client and now there are two block chains.

Code:

2015-01-02 11:26:20 received block 178a051007c33c93cf98ddbe837fe30c1b6b3499f5687f39246be3aa8f46b197
2015-01-02 11:26:20 ERROR: CheckProofOfWork() : hash doesn't match nBits
2015-01-02 11:26:20 ERROR: CheckBlock() : proof of work failed
2015-01-02 11:26:20 ERROR: ProcessBlock() : CheckBlock FAILED
2015-01-02 11:26:20 Misbehaving: 93.118.178.241:59288 (0 -> 50)
2015-01-02 11:26:43 stored orphan tx b620433a2c2db2b7a3ef2caa15b66b071a582a71b432b495de411a5be205f86d (mapsz 10001)
2015-01-02 11:26:43 mapOrphan overflow, removed 1 tx
2015-01-02 11:26:47 stored orphan tx 5089fd1831481bf760827773e563ffc3e934013a534047ecfc9c9e7255953693 (mapsz 10001)
2015-01-02 11:26:47 mapOrphan overflow, removed 1 tx
2015-01-02 11:26:48 received block 26d9dbf22c30cfd05c2f538d2e8709dea2467650d0792c16ba1eaaeee73cc73a
2015-01-02 11:26:48 ERROR: CheckProofOfWork() : hash doesn't match nBits
2015-01-02 11:26:48 ERROR: CheckBlock() : proof of work failed
2015-01-02 11:26:48 ERROR: ProcessBlock() : CheckBlock FAILED
2015-01-02 11:26:48 Misbehaving: 93.118.178.241:59288 (50 -> 100) DISCONNECTING
2015-01-02 11:26:48 disconnecting node 93.118.178.241:59288
2015-01-02 11:26:48 socket select error 9
2015-01-02 11:26:53 stored orphan tx d075597f90dc372d1044929deeb6f9e693f1851f4e5f7f5278f0a6e38748fb22 (mapsz 10001)
2015-01-02 11:26:53 mapOrphan overflow, removed 1 tx

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