Topic: WorldCoin Seen as a Threat? (Read 2047 times)

Were you born a idiot or did you just work really hard at it?

You realize Bitcoin and litecoin were forked at one point?

Not sure what you mean.  A few seconds ago I downloaded 90776 blocks of WDC transaction history.

Agreed.

" A total re-write of the client software if necessary to achieve the goal."

Yes, I believe that is essentially the entirety of the problem (pure network latency really isn't that high across the majority of the globe, although the longer block targets are definitely beneficial for those with limited or sporadic connections). Unfortunately, I believe the client development would be many orders of magnitude more difficult than going on github, editing some values and hashing the genesis block.

Things must be done in the proper order to successfully implement a true advancement.

But hey, get some bounties together and surprise me, WDC promoters. I wouldn't mind, lol.

10min transactions are only required when you write crappy client software. If shorter transaction are of a commercial benefit, then the should be vigorously pursued. A total re-write of the client software if necessary to achieve the goal. 10min transaction are not going to be adopted by a society that is use to EFTPOS speed. That is one of the main reasons why Bitcoin has so far failed in the retail market. 15-20sec transaction are what people are use to.

"There's talk about LTC members planning to take a fight in the battle."

Actually, I would consider the above to be 'trolling', perhaps you need a little introduction to the proper usage of that term? (< example of trolling ) Who exactly are these 'members'?  



Anyways, as I mentioned in the original worldcoin thread, pushing so many NB notifications/nonce switches in such a short period of time effectively reduces the security of the network. Although I can certainly see the attraction of 'instant transactions', the bitcoin development team chose 10 min. targets for very valid reasons that are still just as relevant. Although 10 min. is now known to be a bit overly conservative (experimental nature of these things), the effects of targets below 2 min. fairly obvious and have already been demonstrated to WDC users.

Unfortunately, forking one of the existing coins is not the right way to go about implementing 'instant' secure transactions. Although I do hold these coins right now, I'm not blinded by the idea of pumping a market based on fairly shaky development just for personal gain.

So no, I'm afraid it's not a 'threat'. The only real reason I visit these forums is to 1) see what news items will induce panic in the children that have no business trading and 2) look for any sufficiently advanced, decentralized cryptocurrency that actually will provide some sort of competition against the two main chains we currently have.

A globally-friendly name and the changing of a value with potentially dire consequences is not really going to help anything. Also, I'm afraid your poorly phrased attempt at trolling will not be very effective without some substance backing your opinion.  

This +1

The CIA wouldn't care which coin won because they can just take control of Bitcoin if they wanted a coin.

The 60% issue would bug me if it wasn't vern. I like the fact that the difficulty is adapting to the selloff and running miners price is holding really.

First off, don't get delusional! WDC isn't anything special. It dropped just like EVERY other alt coin that has made it to an exchange. Also: the block chain growth is a real problem and the fork and 60% hash rate concentration to a single pool is scary as hell.

Now I'll let you start with your wild conspiracy theories again.

To be fair that only happened once... with CNC. You make it sound like we've had dozens of coins like that lately.

As for the OP, this is nothing new. Nearly all of the alts released recently have been getting attacked, did you miss the BitBar drama? WorldCoin is just in the spotlight right now.

Hear hear, pizza +1

its trolled by the same faggot pump and dumpers, because WDC had an actual successful launch, granted its problem in the beginnings from botnets. It's level of professionalism fucked it up for all the CNC scam coins. Long gone are the days when a coin can launch on a random Chinese website, then come and post here already launched and mined, have no dev support and go to exchanges and get dumped.

These assholes are just mad that now they have to actually do a little bit of more work, so the trolling commences, then there are just losers who hate their own lives and just hate on anything. These same people probably hated on bitcoin, and litecoin when they first came out, as it will never work, that's impossible.

Haters gonna Hate

There was a minor split at a pool, big deal.
Only one, considering this coin is like a week old, that's not bad with such transaction times

I agree with OP; I find it weird that this coin is trolled at so much, especially at mcxnow (its biggest exchange)

Well, let's see what the future holds; wouldn't be surprised if it survives this early stage

The dev already addressed it in the thread yesterday. You must have missed it.

Yes, I've only been here a few months longer than your profile date, so I guess I'm still somewhat new  

where is the WDC dev to clear this up.
What happened exactly - why this 300 orphan issue?

which pool was it?

also these pool owners i think need to be much more responsible, i see many pools running over 51% with many coins lately? is this as dangerous as many people say it is?

When chains are split is more from like 1 orphan.

Not 300 in a row.

That's just inadiquate pool setup, other WDC pools didn't.

You do realize that chain splits are, happening somwhere at some point for all coins don't you?   If you want to trumpet like a Luddite that the future of crypto coins is in impracticality long transaction times for retail merchants, go right ahead. I would like to see you accept BTC at a fast food drive through and have the customer wait for confirmation!  15sec is tolerable for most busy retail, that often how long a EFTPOS transaction takes. If client code needs modifyiing to increase resistance to chain splits, off you go, it's open source.

I see, thanks for the information. That's not good.

Same thing others are mentioning, a pool forked from the blockchain for 300 blocks. I don't know the details, but I mentioned this recently with why I wouldn't mine a coin with short block time. It's because the network is flooded with absurd amount of orphans. One of those nodes/pools was obviously unable to recover for it, and either mined 300 orphaned blocks in a row, or something along those lines. Maybe it was just for a span of 300 blocks and not that the pool found 300 orphan blocks. Either way, I think WDC is flawed.


I did want to jump on the bandwagon but that really strays me away from it.