They've recently had to fork the chain, because the difficulty calculations were broken, and it went far too high. Sadly, they've now broken it in the other direction, and the dev seems intent on ignoring this, and abusing or hand-waving the problems away.
Wrong.The community voted to fork the chain to avoid denials from bigger exchanges as they would have to many support tickets from users asking why coins dont confirm.
Nothing was broken.
Ah well, there you go. I was wrong. I didn't see anything about that in the bitcointalk thread, though. Where was this vote held?
It's now running at an 8 second block time.
Wrong. Some day it will run at 8 seconds block time. Not now. It slowly decreases to avoid forks.
As I explained to you in channel, that's not how difficulty works. It's decreasing as fast as it can at the moment. It went from 505M to 126M. In two more blocks it'll be down to about 31M, then four more blocks after that 7, then four more after that it'll be less than 1M. I admit I phrased it wrongly. It should be 'It's now running at a TARGET of an 8 second block time'. Better?
I realise you don't understand how these things works. I suggest that people who don't understand how things work don't try to explain (incorrectly) how they work to people who DO understand how they work.
Enter FUD:
I'm paraphrasing here, because this is just an unneeded wall of text.
And suddenly his hundreds of Th drops down to 13..
I think you fail at comprehension.
The line before this was me answering the question 'Well, why are you mining this coin then?'
I'm intrigued
awesome
what pool will you be mining?
DoubleDD_: Oh, I'll just solo
nice
yeah, i'm solo for 750 Petahash to
to bad i cant prove it
I've had 10TH on for last 24 hrs and got another 24 hrs on 10TH.
X-Rob: how much hash and for how long will you help out. trying to keep track of how it will affect diff
Bitspender_: Amusingly, I -can- prove it. https://bitcointalksearch.org/topic/xrobau-reputation-thread-513500
DoubleDD_: I'll hash until the difficulty comes down to a reasonable rate
13Th is not 150Th
I didn't say it was all mine. For someone who's provably ignorant of how stuff works, and has also been accused,
in this thread of scamming, I really think you should work on your comprehension skills.
And on his way to getting kickbanned after FUDDING all night long:
I don't think you understand what FUD means. FUD means to sow fear, uncertainty and doubt. There is no uncertainty, nor is there any doubt. 8 Seconds is too short. Just because you say it's not doesn't mean you're right. It does, in fact, mean you're wrong.
Let me put this here, on a line by itself:
By stating that 8 seconds is secure,
you are wrong.
So the guy who has hundreds of Th, who discovered this awfull bad coin, has been solomining it all night, and still is when i check network hashrate.
So lemme see if I can get the points of your post in order here. I don't have the hashrate. Then I lied. Then I didn't. Then I claimed I had hash that I did have, that I then used to mine the coin. That I said I was going to do.
I.. really can't see the problem here. I haven't lied. I've been scrupulously honest. I've been accused of quoting out of context, and yet, when I asked for what I'd done, so I could fix it, there was none to be found.
So. May I suggest you sit back and relax. I'm going to fix your coin, like I said I was going to. I'm then going to watch it implode on itself. As the dev said, he thinks it's secure, and I think it's not.
I think the best way to resolve this is for me to
prove it's insecure. Then, hopefully no-one else will have the underpants-on-head-retarded idea of setting a coins time to this short again.