Feathercoin network up 3 % over 2 days- NETWORK ATTACK?
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[quote name=“svennand” post=“21980” timestamp=“1374160898”]
if they only got 7000 ftc then their trouble was not worth it. the cost alone of the attack would be higher then the profitt of 7000ftc…
[/quote]Something similar happened last time around. They seem to be overwriting with their own blocks but there was no significant double spending (if at all). Attacking and overwriting blocks will take the same resources as having mined them the normal way. The only benefit will be that the difficulty won’t spike; and like last time may even reduce.
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[quote name=“wrapper0feather” post=“21981” timestamp=“1374161091”]
Wrong svennard - It degrades our network and reputation, the attacker’s bitcoins or Litecoins will be worth more rubbishing Feathercoin.
[/quote]It’s obvious and has been obvious since we begun to make waves, people are willing to take a loss to mess with our reputation. The bottom line, ** any ** scrypt coin (aside from LTC) is vulnerable… the reason the others don’t get attacked is they pose no risk.
Advanced checkpointing is still in development, I emailed Bushstar for an update on the progress.
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[quote name=“wrapper0feather” post=“21981” timestamp=“1374161091”]
Wrong Svennand - It degrades our network and reputation, the attacker’s bitcoins or Litecoins will be worth more rubbishing Feathercoin.- we haven’t stopped them yet so they’ll be back, perhaps getting 700000.
[/quote]
i agree regarding the repurtation part.
What i meant was that if they directed that much hashing power at the ftc network (network around 1400mhash), which means they need more than 1400, unless they do alot of smart ddos attacks.
For that period of time i think 7000ftc isnt much to show for.Hope to see some smart solutions soon regarding checkpoint and so on.
- we haven’t stopped them yet so they’ll be back, perhaps getting 700000.
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[quote name=“svennand” post=“21980” timestamp=“1374160898”]
[quote author=wrapper0feather link=topic=2846.msg21979#msg21979 date=1374160760]
It might have happened at 10:30 there was a strange down spike in the p2pool.I started another miner (small) , can a few other people do the same? Have we got some secret attack protocol? Someone possible just got 7000 FTC when its taken me months to get 900. I’m a bit p*ssed, if that is true.
- what happened to Litecoin on Coinchoose? doesn’t that distort their auto tradeing? Who runs that stuff, I think we should be open.
[/quote]
if they only got 7000 ftc then their trouble was not worth it. the cost alone of the attack would be higher then the profitt of 7000ftc…
[/quote]They orphaned 34 valid blocks. It means that our miners won’t receive 6800 FTC in block rewards (me included). How do you think they will be happy? Many of them may consider switching to Litecoin. That’s the real purpose of this attack.
- what happened to Litecoin on Coinchoose? doesn’t that distort their auto tradeing? Who runs that stuff, I think we should be open.
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Many users whose transactions are trapped in those orphaned blocks also ain’t happy indeed.
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I’ve started to loose mined blocks, that were confirmed… Very annoying, that is a criminal action unless they get returned. Perhaps the miners shouldn’t be anonymous and their ip address is recorded?
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Can anyone with a bit of BTC to float, pump the value on BTC-e? Then we’ll get the auto miners (~2Mh) onboard to sort it out? Only needs to go back to 0.0011ish?
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[quote name=“T4rQu1N” post=“21990” timestamp=“1374162473”]
Can anyone with a bit of BTC to float, pump the value on BTC-e? Then we’ll get the auto miners (~2Mh) onboard to sort it out? Only needs to go back to 0.0011ish?
[/quote]How much do we need? I only have about .8 BTC to my name at the moment. -
Are people getting bored now that LTC dropped back down and figure they’ll attack FTC instead? >:(
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[quote name=“HopeStillFlies” post=“21992” timestamp=“1374162692”]
[quote author=T4rQu1N link=topic=2846.msg21990#msg21990 date=1374162473]
Can anyone with a bit of BTC to float, pump the value on BTC-e? Then we’ll get the auto miners (~2Mh) onboard to sort it out? Only needs to go back to 0.0011ish?
[/quote]How much do we need? I only have about .8 BTC to my name at the moment.
[/quote]A couple hundred will be needed to even make a dent. :P
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[quote name=“ghostlander” post=“21986” timestamp=“1374161900”]
[quote author=svennand link=topic=2846.msg21980#msg21980 date=1374160898]
[quote author=wrapper0feather link=topic=2846.msg21979#msg21979 date=1374160760]
It might have happened at 10:30 there was a strange down spike in the p2pool.I started another miner (small) , can a few other people do the same? Have we got some secret attack protocol? Someone possible just got 7000 FTC when its taken me months to get 900. I’m a bit p*ssed, if that is true.
- what happened to Litecoin on Coinchoose? doesn’t that distort their auto tradeing? Who runs that stuff, I think we should be open.
[/quote]
if they only got 7000 ftc then their trouble was not worth it. the cost alone of the attack would be higher then the profitt of 7000ftc…
[/quote]They orphaned 34 valid blocks. It means that our miners won’t receive 6800 FTC in block rewards (me included). How do you think they will be happy? Many of them may consider switching to Litecoin. That’s the real purpose of this attack.
[/quote]Hopefully people will see past all the haters and stick with feathercoin. We do have an awesome community here, well worth sticking around for.
I do however concurr that the 51% attack has to be handled.
All of the involved are working hard to figure/fix this.For now just set backup pool/solo/p2pool to have the ddos under control.
Buy an extra gpu/get more people over so we can get the network hash much higher - what happened to Litecoin on Coinchoose? doesn’t that distort their auto tradeing? Who runs that stuff, I think we should be open.
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[quote name=“ghostlander” post=“21986” timestamp=“1374161900”]
They orphaned 34 valid blocks. It means that our miners won’t receive 6800 FTC in block rewards (me included). How do you think they will be happy? Many of them may consider switching to Litecoin. That’s the real purpose of this attack.
[/quote]Its annoying, sure; but as these miners are sticking through our high difficulty phase I am assuming they are mining not just for profits. So I hope they will stick with us.
Besides, if the miners stay loyal, in principle they won’t be losing FTCs. Lets say the attacker joined through normal channels and mined 6800 FTC along with the other miners. The extra hash provided by him would lead to a difficulty increase which means the miners will get less after the retarget. When an attack happens, the miners lose blocks but the difficulty doesn’t increase. Maths would suggest that the FTCs received by the miners in both the cases is the same.
Actually last time around due to a quirk in the target adjustment the difficulty actually went down after the 2nd adjustment. That resulted in the miners getting more FTC than they would have gotten otherwise in the same period of time.
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We won’t lose our reputation provided we bounce back from it. The more they attack us the stronger we get.
We just have to work hard and hope that the attack isn’t so strong as to be fatal. I am not worries about this right now.
I don’t support pumping the price, it will just backfire and we don’t have anywhere near enough money.
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Guys i’m posting on my phone so stuggling to keep track.
I’ve just swung 6MH back in (they’ve been testing out my suite of pools before you ask).
What’s the state of play (in words of no more than 2 syllables)?
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The network has gone through swings from 1G to 5G and back. The haters are mad because no one is dumping after the rise in profitability.
3% is peanuts. We’ve had 400% swings.
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Hi Magic Magic - that’s not the attack, he/she injected 7000 ftc worth of false block accepts into the chain. There is a new block every 2 seconds from 9:51:30 to 9:53 this morning. The attack only took a couple of minutes ( I notice) so maybe more economic than you think.
http://cryptocoinexplorer.com:5750/address/6kU3EHXSuFfd9TRqVeXuC48iFTBFbFypSd
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The 2nd fork is at [url=http://explorer.feathercoin.com/block/8daf09be872593b4d1121dac60fde748fd1b31c359061b3ec855f92408296f0c]#51801[/url]. 29 additional blocks orphaned, the total is 63 so far, and it may not be the end.
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It’s obvious we’ll need to lead by example with a technical solution. Hopefully the miners realize that ANY scrypt coin outside of LTC can get hit just as hard if not harder and more frequent. With 60+ alts floating around and the promise of LTC Gox, we’re fighting for every single hash.
4 prong approach:
- Bushstar continues with advanced check-pointing
- We get additional community members contributing code to resolve possible attacks
- We increase value through services (starting in a few days) which will attract miners
- We continue to promote
By time we’re ready for wide adoption, we will have already had the experience to deal with different types of attacks.
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Yay for attacks, I was getting bored. ;D
Come get sum. Yeah. ;) -
[quote name=“Justabitoftime” post=“22008” timestamp=“1374163755”]
It’s obvious we’ll need to lead by example with a technical solution. Hopefully the miners realize that ANY scrypt coin outside of LTC can get hit just as hard if not harder and more frequent. With 60+ alts floating around and the promise of LTC Gox, we’re fighting for every single hash.4 prong approach:
- Bushstar continues with advanced check-pointing
- We get additional community members contributing code to resolve possible attacks
- We increase value through services (starting in a few days) which will attract miners
- We continue to promote
By time we’re ready for wide adoption, we will have already had the experience to deal with different types of attacks.
[/quote]I’m almost ready to try a different route to checkpointing.
Reorgs require no effort. I’ve thought of a few ideas, but when you mentioned options trading I had a breakthrough.
