Author Topic: CHAIN FORK COMING....  (Read 13222 times)

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Offline bytemaster

Re: CHAIN FORK COMING....
« Reply #30 on: November 10, 2013, 03:06:19 pm »
Very risky move. If you look at how protocol changes in other altcoins have been handled, where has always been a grace period of at least a couple of days. This gives all miners the time needed to update to a newer version.

What is going to happen if you don't get the majority of miners to adopt the new protocol in time?

That said, I've updated my miners (300+ cores) to the new protocol version. Lets hope that we get through this smooth.

I have a pool with 3000 miners that has migrated and the other major pool has too.   

Solo mining already takes a week so only 10% of the solo miners will be effected because the rest would not have found anything anyway.  If the difficulty adjusted as it should then these solo miners also wouldn't have gotten anything.  I think it will be smooth as these things go.

That is not how this works. All solo miners with the old version of the miner can be seen together as one entity with a certain hash rate. It doesn't matter that some people are not getting any blocks, some will. And its not only miners who have to upgrade, also people who just use the software to make transactions.

This could be ugly:

The old miners will just make an 4x adjustment. They accept any blocks whether it be the ones generates with lower diff (4x increase) or higher diff (32x increase max).

The new miners reject blocks with lower diff (the ones with 4x adjustment), because these blocks don't match the new requirement. However they will produce blocks much slower than the old version of the miner, so many people using an older version of the software will make invalid transactions!

Thus: Any payments made with an older version of the client could get lost and someone falling for that could easily be scammed.

Good point, well we are committed now... hold on to your PTS!
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline bytemaster

Re: CHAIN FORK COMING....
« Reply #31 on: November 10, 2013, 03:06:50 pm »
how do i update it? downlaod and then what

Just run it rather than your old wallet... done.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline gabainc

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Re: CHAIN FORK COMING....
« Reply #32 on: November 10, 2013, 03:09:49 pm »
is this suppose to help solo mining?

Offline FreeTrade

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Re: CHAIN FORK COMING....
« Reply #33 on: November 10, 2013, 03:10:10 pm »

The old miners will just make an 4x adjustment. They accept any blocks whether it be the ones generates with lower diff (4x increase) or higher diff (32x increase max).


No, I think we'll see a clean fork -

        // Check proof of work
        if (nBits != GetNextWorkRequired(pindexPrev, this))
            return state.DoS(100, error("AcceptBlock() : incorrect proof of work"));

If nBits doesn't match the expected value, the block be rejected outright.
“People should be more sophisticated? How are you gonna get that done?” - Jerry Seinfeld reply to Bill Maher

Offline Fablio2

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Re: CHAIN FORK COMING....
« Reply #34 on: November 10, 2013, 03:11:38 pm »
Can't sync.
Any addnodes?

Offline fav

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Re: CHAIN FORK COMING....
« Reply #35 on: November 10, 2013, 03:14:06 pm »
cant seem to download the new protshareqt2

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Mirror:

protoshares-0.2.0: https://www.dropbox.com/s/duiljvc8y0mvhqc/protoshares-0.2.0.zip
signed: https://www.dropbox.com/s/kc6c7zvs0aq1xtq/protoshares-0.2.0.zip.sig


PGP https://keyserver.pgp.com/vkd/DownloadKey.event?keyid=0x42AE2EF358FB9C46
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2.0.22 (MingW32)

iQEcBAEBAgAGBQJSf6KmAAoJEEKuLvNY+5xG3NkH/izN5lz4g/BAIPmr6tG4C5Yj
+7XzeU2sqmY1XQ3vocQvKc5tOFkcOOgiIvnbx2uLmwOhY4mswxw8jM/6ArG1h6tM
Jz5MvJ34d7MnxvEYOBQrFo+PYoprpK22ePwWOOKHug+e1jbSaKtMIyD/6SgG0+E6
+dKHoxNvgJsk2ibBjG5wotqVwMf21PaHeHax5X2DS9aiL693FFhN/8uuX4x0Zx+N
Ebt8eoLD+LaY5rfA55D+wr92a8epIYva81T5nsikZA+Mgri1tNKEpbA5pqdkT05a
EWfjPAmbMEmZr/IwLOG+rXHRBPiwNJL60b7L58ec0qO3t2cm+ck73amOIrZymK8=
=j01Z
-----END PGP SIGNATURE-----

Offline kLee

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Re: CHAIN FORK COMING....
« Reply #36 on: November 10, 2013, 03:20:33 pm »
http://invictus-innovations.com/downloads

Site not responding when I click the mac download link - probably due to heavy traffic..

Offline Amazon

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Re: CHAIN FORK COMING....
« Reply #37 on: November 10, 2013, 03:21:56 pm »
Forum Donation: PforumPLfVQXTi4QpQqKwoChXHkoHcxGuA

Offline Proto

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Re: CHAIN FORK COMING....
« Reply #38 on: November 10, 2013, 03:25:40 pm »

The old miners will just make an 4x adjustment. They accept any blocks whether it be the ones generates with lower diff (4x increase) or higher diff (32x increase max).


No, I think we'll see a clean fork -

        // Check proof of work
        if (nBits != GetNextWorkRequired(pindexPrev, this))
            return state.DoS(100, error("AcceptBlock() : incorrect proof of work"));

If nBits doesn't match the expected value, the block be rejected outright.

It is only rejected by all new miners. There is going to be a % of miners with the old version and a different nbits. They get a longer chain even if they don't represent 50% of the networks hashrate, because they miner 'easier' blocks than all loyal miners who switched to a newer version.

Anyone using the old version of the software, will accept this longer easier chain! If you make transactions without having the newest version installed, they will end up in the old block chain, but not necessarily in the new chain.

Someone can spend funds and make the receiver trick into believing he received his PTS (if the receiver uses the old software), where in reality he didn't get his funds because they ended up in the 4x-chain and not the shorter 32x-chain.

Offline kLee

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Offline hibitcoin

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Re: CHAIN FORK COMING....
« Reply #40 on: November 10, 2013, 03:39:01 pm »

Offline zefo

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Re: CHAIN FORK COMING....
« Reply #41 on: November 10, 2013, 03:50:06 pm »
How do you upgrade to the latest ProtoShares client?  Will the Wallet balance switch over automatically? 

Offline gabainc

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Re: CHAIN FORK COMING....
« Reply #42 on: November 10, 2013, 03:51:13 pm »
How do you upgrade to the latest ProtoShares client?  Will the Wallet balance switch over automatically?

Yes Zefo

Offline zefo

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Re: CHAIN FORK COMING....
« Reply #43 on: November 10, 2013, 03:55:47 pm »
How do you upgrade to the latest ProtoShares client?  Will the Wallet balance switch over automatically?

Yes Zefo

So just download it and run the exe file?  Simple as that? 

Offline gabainc

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Re: CHAIN FORK COMING....
« Reply #44 on: November 10, 2013, 04:05:52 pm »
How do you upgrade to the latest ProtoShares client?  Will the Wallet balance switch over automatically?

Yes Zefo

So just download it and run the exe file?  Simple as that?

yes simple as that