Information on attacks
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We as a community need to focus all hashing power we have and keep as much as we can on mining feathercoins.
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Our pool stopped FTC for now, since we just lost 2 blocks, one with more then 26 confirms already.
I am investigating the issue, but i cannot run a PPS pool in this situation…
I will bring FTC pool back up as soon as i locked out all PPS workers… so you guys can try to defend the coin… but PPS is not possible at this point.Happy Mining.
hynodeva
EDIT: We are back up, PPS workers are disabled.
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Use a rbpps system on feathercoin to help encourage people to hash.
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are the blocks being stolen still able to be cashed out? Cant they be nullified in some way?
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That will depend on how the FTC network & community handles the situation.
My first idea was the rollback to a certain block, which has not been corrupted and check how many blocks will be lost for the real network(not the fake chain)… if that relation is fine, we might just hardfork the chain ourself from that given point.That would require client code changes i guess… this is serious guys… we need to figure out a solution fast, before the still running pools, loose to much and have to stay on the fake chain.
I am really considering to stop FTC at all, and wait until we do that hard fork, otherwise we confirm the fake / attacks chain…
hynodeva dev
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You can beat the bad chain by more hash not less.
Also there’s ways to fix this mess.
I’ll draw up a strategy.
This is getting ridiculous.
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It would seem that someone is determined to mine all the blocks for themselves. All blocks mined are being orphaned. The quick fix to beat this is a lot of hash power, with FTC difficulty going down, FTC price doubling, BTC difficulty going up and BTC price going down we are 240% profitable to mine over Bitcoin. This will bring the miners in to the point where the attacks cannot effect us.
The bigger we are the harder we are to attack.
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attack already has been done… if we try to outrun them now, we will confirm their blocks, if we do not rollback to a certain checkpoint…
I do not like confirming an attackers coins.Hynodeva
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Roll back.
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People’s transactions have already gone through those blocks. By rolling back this many blocks we would only do further harm.
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Rollback is chargeback.
There’s ways to fix this.
But we need to get in a chatroom where we can talk.
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Man these attacks suck. So are you saying the solution is to do nothing? Is that the option that does the least damage?
Also thanks for the explanation on the 51% attack. It makes alot more sense to me now.
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Well if it was a botnet, would it be plausible to just disable cpu support? Sorry if I’m talking out my ass, I just want to help…
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I agree with unkunku it would see to be the best action. Though if it is being rolled back it should be done soon before more legitimate mined coins are wasted.
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Rollback is a bandaid.
The solution is a protocol change.
Also, how do we know there’s not some people adding mining power against this guy? Their effort to help will account for nothing.
I have an idea, but we need a chatroom.
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The attacks have orphaned blocks. This is not the end of the world as you get orphans happening without any attacks. Some of the very fast coins managed to generate huge orphan chains.
What is happening to us right now can also happen to Bitcoin and Litecoin though no one has that kind of hash power you hope.
Let me be clear, we cannot rollback 100 blocks. Doing so would not teach the attackers a lesson. They only want to do damage and us rolling back that much would do more damage than they ever could.
Rolling back would undo every transaction over the last 24 hours. In fact I doubt we could even convince people that it is a good idea. Give BTC-e the option of undoing 4000BTC worth of trades and the answer will be a no.
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They don’t have to undo them, just kill the FTC of anyone who was unfortunate enough to buy them. Keeping the blocks is sort of like a bailout - you don’t want to harm those “innocent” and unfortunate investors who were taken advantage of.
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All my miners have dropped off FCPool now, although their website is up. Anyone else having problems with them? Wonder if they’re being DDoSed, as they’ve always been rock stable before for me…
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I shut my miner down cause I haven’t gotten any coins in 24 hrs.
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Is the attack over now?
give-me-ftc showed strange hashrates.
Although they have almost 50% of the network at the moment, their last found block is 10 blocks away.
Who’s finding all those blocks? Another fork/attack?