@gonnaforget said in Feathercoin - Analysis of possible maximum Transactions block / Dustcoin "attack" 25/10/2016:
What’s up with all these attacks against FTC? Was it because there was someone who was big into a competing coin, or was it just for fun?
There are a few things quoted as “Attacks”. There have not been times when it is proved there is a deliberate attack, i.e. someone has paid or has enough power to try to double spend.
This resulted in the first major update to Feathercoin to implement Automatic Check pointing or ACP. Once this happened and there was a “double spend issue”, FTC would reject that chain - i.e. It becomes an Orphan chain.
However, Feathercoin still abides by the normal rules and the longest chain wins. So there are 2 competing chains untill the attacker error chain gives up or the normal chain becomes longer.
There similar reasons Bitcoin has also suffered longer orphan chains than originally specified, but FTC does suffer a couple of long chains early on.
There is another known “attack”, it turned out to be someone testing, one was an attempt to flood the network with dust payments, was noticed later but had no detrimental effect.
I designed eHRC initially as a potential replacement for ACP but in the end it was used to reduce the effect of coin switching. It does make it harder for someone to achieve network dominance for long enough to do anything. So we don’t tend to get the long orphan chains.
Not sure for windows, but:
open a command window (cmd)
type ‘netstat /help’ or ’ netstat --help’
not sure about the right syntax
from the output locate the parameters to
show listening ports only (in linux -l) (lowercase L)
use numeric values ( in linux -n)
show process information ( in linux -p)
issue the netstat command again with the parameter you found out
locate the line(s) with ‘127.0.0.1:9336’
identify the process listened at the end of the line
open a process monitor window (strg-alt-del) and select process display
right click on the process you found in the first step
select stop process
If that doesn’t work for you I hope some windows guys can help.
Quote from the test:
“I can provide some info here as I was the “attacker”. I simply setup a loop to send dust to another address I control. I used my VPS as the sending wallet so the loop probably just ran as fast as the VPS would allow which could be why it limited it to 1100 transactions per block. It could also have hit the block limit of 1mb, but I’m not sure how to tell if that was the case or not. I honestly thought it would be a lot higher than 1100.”
So it might have been the block limit. Or just the vps. But with segwit the possible tx/s will increase anyway. And we can already handle a very large amount of transactions.
@jonathonas said in Feathercoin comes out as a gold rated coin on Cryptopia.:
Is it just me who couldn’t find the “Gold rate” in that photo? I think cryptopia might made some kind of mistake. Probably they forget to notice the hard fork.
It has 5 Gold stars and a 5/5 rating?
BTC is an old coin, slow and expensive to make transactions. If “lightning” works and takes off I think this coin will fly again. But otherwise I can no longer see BTC being used for what was intended, a replacement for Fiat. I expect the Altcoins to continue to make better progress and BTC prices to normalise. BTC prices are very inflated, they are only so expensive due to marketing, it’s an inferior coin, so why is it 8000X times more ?
The government regulation bans are causing these price drop scares as people sell off their coins, as we fear more countries will continue to adopt this and this will effectively close the market.
We are still in a good place in that Cryptos are being marketed, talked about and “normal” every day people are becoming interested and buying them. Although most of them are buying them as they see them as an inflating “stock” / get rich quick strategy, but this doesn’t matter as it all helps improve the usage of the coins. At this stage I think we are showing that this can work, we now need more merchants to start accepting crypto.
I think whoever has the best security ,transaction fees and transaction time is going to corner the market for adoption. Yesterday I read Starbucks will start accepting crypto and of course won’t be accepting BTC as it’s far too slow and expensive at the moment
As I have said on many other threads, I am looking forward to having a universal wallet on my android, that is cloud based i.e no block chain files stored on my SSD! . Using my fingerprint to unlock + NFC I can tap to use Oyster (tube travel), buy my lunch , buy my plane tickets. Fly to Europe and tap and buy my lunch there. Tiny fee charges and an instant conversion of fiat -> crypto. Prices are fairly stable, just like currencies. No crazy currency conversion fees or need to carry all these different cards, but “credits” that we top up from our paychecks.
Funny thing is, we could be there in a few years.
Small shops hate credit cards, due to the high fees. If they accept crypto they only pay fractions of a pence, meaning we can buy our candy from a newsagent and not have to carry coins! etc
Futures looking bright, don’t care about the prices, care about the regulators!
My personal opinion:
A hard fork may be required for technical reasons, like the move from the Scrypt to the Neoascrypt algorithm as @Wrapper mentioned above.
In that case the dev team set the fork time to a block number several month in the future and will announce the new version as mandatory update and clearly announce, that the new version will be incompatible with the old one and everybody will have to change to the new version. The block number, where the technical change will click in will be announced at the same time.
Users then have the time to update their wallets.
If users refuse to update their wallet as wrapper mentioned above, there will be a hard fork, but typically the ‘old’ version of the wallet and the corresponding block chain dies within some weeks.
A hard fork to create a new coin is useless in my opinion. It doesn’t help the original coin and it would be more efficient and easier to maintain for the forking developers, if they create a new genesis block for their ‘forked’ chain and start from scratch.
I’m totally against this type of hard fork, even if we technically can’t hinder people doing it, as the software is public domain, and I also believe, that the forked coin has less chance to survive than a new coin.
‘Feathercoin Classic’, the thing wrapper mentioned above, didn’t make it even for 6 month.
@j_scheibel We’ve got that already for GBP - . Bittylicious.com . But no one is buying FTC there, as the demand here seems to be low .
More exchanges taking the coin will help it get noticed, there is a thread about this. We have quite a bit of development proposed for this year and I hope this drives some more interested in to the coin too.
If someone builds a global fiat to FTC exchange, I’ll be glad to help trade there for GBP transactions
Welcome back Stefan Pynappels. If you don’t mind, I would like to say something. A Japanese video went viral. Your name reminded me of that video. You can search it online. PPAP or Pen Pineapple Apple Pen.
Feathercoin Android Wallet :
How to leave a review, of the new wallet (sync speed) update :
On your Android phone or tablet, open the Google Play Store app .
Browse or search for the app you want to review. : Feathercoin-wallet-2
Find and select the app to open the detail page.
Scroll until you get to the reviews section.
Select the number of stars, then tap Submit.
@gonnaforget said in If I'm reading this correctly, Mining Pool Hub is claiming to be doing about 90% of the total FTC hashrate right now.:
Isn’t it potentially a security risk to have more than 50% of the network hashrate from one place?
not with Advanced Checkpointing - Which Feathercoin has.
What this does is checkpoint the blockchain every X amount of blocks. So even if someone did get 51% of the hashrate…they couldn’t do much except roll back to the last checkpoint.
I’m sure there were a few white papers before Bitcoin, I’m just saying in general for coins. The Satoshi paper contains most of the FTC basic functionality, most other coins are really only “sub papers”.
Perhaps the Bitcoin Talk announce page would do? https://bitcointalk.org/index.php?topic=178286.0
@j0k3rhd said in GDAX America’s #1 crypto exchange providers,:
Right we could do with a list of request link, so our forum members can get requesting, because as we all know the more exchanges more investment,
@wellenreiter said in Smart Contracts on feathercoin blockchain?:
Smart contracts is planned for 0.13.x relases
I’ve added smart contracts to the 0.13.x functional requirement, is there anything else missing?
If someone has a secret like that it would only be a matter of time before 1 someone else does it or 2 people figure out it is known for the very reason that things people shouldn’t know are known or 3 it is leaked.
This is all pretty moot as we know it is a matter of time before generic quantum computers are created/sold. As soon as they are there will be ramp up time to become wide spread, mean while a migration to a new technology that doesn’t use the difficulty to factor large numbers made of two primes as it’s core security. (General Quantum computers crack this using shor’s algorithm)
In short, if someone has this they are their own bottle beck right now and it means the trillions of various encrypted systems are for the most part completely safe. Especially considering the fleeting nature and re-encryption on a message by message nature of so many communications