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Topic: What is up with feathercoin? (Read 4348 times)

legendary
Activity: 1050
Merit: 1000
June 10, 2013, 11:54:58 AM
#63
So how does one get on the correct fork :/

You stop mining and wait for the dominant fork to emerge.




~BCX~

THat's the whole problem, I'm not mining at all and left the client running overnight. I just wanted my remaining FTC out. It's got 15 connections and it says it's "up to date", also the transaction shows up in the block explorer.

So what's the deal here?

Yes, you can be up to date, on the wrong fork.

When the dominant fork emerges, the devs will need to release a new client with a check point, you re DL the block chain and life is beautiful. Any coins you mined on the wrong aka smaller fork, sent, spent or backup will be worthless on the dominant fork larger fork.

A better way to think of a 51% attack, is a complete hostile takeover.


~BCX~

Why are you trying to scare him without knowing what is up? A few days back I had sent FTC into Btc-e and it was stuck on 8 confirms (needed 10) in their deposit page even though in network was above 50. It got there eventually. Its an issue with Btc-e; nothing to do with forked blockchain bla bla.

Some people had earlier reported success by sending another small transaction to the same account. Maybe you can send 1 FTC and wait.
erk
hero member
Activity: 826
Merit: 500
June 10, 2013, 11:41:07 AM
#62

When the dominant fork emerges, the devs will need to release a new client with a check point,


Which they did. So now the attackers moved to DDoS the web site. Someone REALLY doesn't like FTC. But like any attack on Bitcoin, it won't last forever.

Probably the people that pointed the feathercoin.org page to the yacoin.org site. I know some yacoin people talk about using botnets to CPU mine.
sr. member
Activity: 602
Merit: 254
🔰FERRUM NETWORK🔰
June 10, 2013, 11:35:11 AM
#61

When the dominant fork emerges, the devs will need to release a new client with a check point,


Which they did. So now the attackers moved to DDoS the web site. Someone REALLY doesn't like FTC. But like any attack on Bitcoin, it won't last forever.
hero member
Activity: 518
Merit: 500
June 10, 2013, 03:38:29 AM
#60
So how does one get on the correct fork :/

You stop mining and wait for the dominant fork to emerge.




~BCX~

THat's the whole problem, I'm not mining at all and left the client running overnight. I just wanted my remaining FTC out. It's got 15 connections and it says it's "up to date", also the transaction shows up in the block explorer.

So what's the deal here?
erk
hero member
Activity: 826
Merit: 500
June 10, 2013, 03:23:34 AM
#59
I have stopped using BTC-e for FTC, they are hostile to it. I use Cryptsy for mining output, confirms of FTC deposits are nice and fast. Lets face it, who want's to wait for 120 confirms on the pool, then another 100 for BTC-e.

hero member
Activity: 518
Merit: 500
June 10, 2013, 03:18:26 AM
#58
So how does one get on the correct fork :/
hero member
Activity: 518
Merit: 500
June 10, 2013, 03:14:06 AM
#57
I sent 1600 FTC to BTC-e yesterday, and it's got >200 confirms now, but is not showing on BTC-e.

Something fishy going on, for sure.
legendary
Activity: 1652
Merit: 1016
June 10, 2013, 02:29:54 AM
#56
But I have tons of FTC in my wallet Smiley
Bet he's kicking himself he didn't dump those back when he was supposed to.
erk
hero member
Activity: 826
Merit: 500
June 10, 2013, 02:18:17 AM
#55
I thought it was dying. What is with the growth, is it a pump or is there a legit reason for the rise? Thanks in advance.  Smiley

If you thought it was dying, then you probably best stay away from trading coins.


BTC-e has raised confirms to 100. This attack has failed.
Kind of a bit late BTC-e, the block rate is back down to 2min 30sec, no point in 100 confirms anymore, just an inconvenience for their customers, and shows a lack of understanding of the problem. CNC is open to exactly the same kind of attack until it's block time gets down to normal, and it's still sitting on 6 confirms.


The solution is to use a list of trusted peers for confirmations.
sr. member
Activity: 322
Merit: 250
June 10, 2013, 02:12:18 AM
#54
BTC-e has raised confirms to 100. This attack has failed.
Looks like the attack was a complete success to me.

It's called denial.  FTC scammers want to be rich so bad they push out reality and replace it with delusion.
legendary
Activity: 1652
Merit: 1016
June 10, 2013, 01:57:56 AM
#53
BTC-e has raised confirms to 100. This attack has failed.
Looks like the attack was a complete success to me.
hero member
Activity: 938
Merit: 502
hero member
Activity: 518
Merit: 500
June 10, 2013, 12:00:52 AM
#51
Be very careful with this FTC pump. If you are watching attentively on trade history, you can see that a lot of huge sell order were pulled, not bought.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 09, 2013, 11:50:55 PM
#50
People buying ftc now have balls of steels  Grin
hero member
Activity: 756
Merit: 500
June 09, 2013, 11:21:53 PM
#49
Well, my 200 FTC hasn't gotten any confirms by btc-e.
sr. member
Activity: 364
Merit: 250
June 09, 2013, 04:59:48 PM
#48
Is there any way for them to get that on BTCe to dump it?

for sure, the block chain is considered valid.  So they can get the ftc on to btc-e just fine.  once they have the ftc on btc-e and have their transactions confirmed (by their won miners of course) they sell their ftc for btc and then there is no reason to keep the chain going they can just drop it.

Interesting. People on BTCe are saying their FTC hasn't shown up in 40 hours. They must be on that other FTC block chain.

I mean the attackers can get their FTC onto Btc-e just fine.

That was before the 100 minimum.
newbie
Activity: 28
Merit: 0
June 09, 2013, 04:26:29 PM
#47
I thought it was dying. What is with the growth, is it a pump or is there a legit reason for the rise? Thanks in advance.  Smiley
FTC = IMHO CRAZY DUDE WITH AFRO!!! HE'S COOL!!! Wink
hero member
Activity: 756
Merit: 500
June 09, 2013, 04:23:04 PM
#46
 Grin How can I contact them to get my transactions confirmed.
hero member
Activity: 714
Merit: 500
June 09, 2013, 04:16:32 PM
#45
Is there any way for them to get that on BTCe to dump it?

for sure, the block chain is considered valid.  So they can get the ftc on to btc-e just fine.  once they have the ftc on btc-e and have their transactions confirmed (by their won miners of course) they sell their ftc for btc and then there is no reason to keep the chain going they can just drop it.

Interesting. People on BTCe are saying their FTC hasn't shown up in 40 hours. They must be on that other FTC block chain.

I mean the attackers can get their FTC onto Btc-e just fine.
legendary
Activity: 1242
Merit: 1020
No surrender, no retreat, no regret.
June 09, 2013, 04:11:14 PM
#44
It's not the 1st 51% attack on FTC. It will survive.
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