Quote from: SRoulette on April 07, 2013, 10:20:42 AM

Quote from: celkaris on April 07, 2013, 07:41:09 AM

Quote from: SRoulette on April 07, 2013, 03:34:11 AM

We are not sure what happened with Terracoin but all we can say it was not handled great.
No warning to services using it, just a webpage update, not even a forum thread for discussing the issue and helping others resolve it.

So our current status as of updating is: no transactions are confirming - despite using the latest git tree.

Who writes terracoin ?, is there a thread for this discussion already ?

active services operators, and interested users joined the mailing lists, where this was announced (both users and announce lists)... (if not ... they should if they really care)

quote from terracoin-announce ml :

Quote

Subject: [Terracoin-announce] build 0.1.3-29 available

Hi,

Urgent, mandatory build is now available on our github repository,
windows builds were uploaded to sourceforge.

This update will bring back a shorter period used in difficulty
computation, until a better algorithm is implemented, making the network
resilient to the huge hashrate spikes we recently saw.

changelog: [urgent] dirty difficulty computation update
- switching to a shorter averaging period.
- should provide faster diff adjustments, while keeping *4 cap.
- mandatory at block 101908 (chain should again be 'stucked' then,
seeing current hashrate growth)

windows download link:
http://sourceforge.net/projects/terracoin/files/SatoshiClone/terracoin-0.1.3-29-win32.zip/download

Sorry for the two consecutive mandatory updates.

--
TRC.

This message was less detailed than previous messages, because of the 'emergency' aspect i guess, but it was announced...

Thanks we were unaware of the mailing list, we shall be subscribing shortly.

Quote from: Impaler on April 07, 2013, 08:26:04 AM

Boy, kids these days go no patience, over at FRC we had to wait 2 months for our difficulty to come down. Wink

Ouch that would have been a hard ride to endure for many.

Quote from: crazy_rabbit on April 07, 2013, 08:35:15 AM

Well there is a mailing list where all important updates come up pretty fast, and the DEV is on the issue tracker at github, and responds very quickly. He even has is email address listed in response to Sunny Kings exploit discovery, so if in an emergency you could contact via email.

That said I agree, it could have been handled a bit different. At one point though we supposedly had the equivalent of 6% of the BTC network hashing TRC, I think when the dev and others imagined the difficulty "going to the moon" we never thought anywhere near that high. Hence getting the difficulty to settle in any reasonable amount of time became a challenge. The Dev realizes the difficulty of having two mandatory updates one right after another and apologised. Right now it's a temporary fix while a better solution to the difficulty problem has to be found. If ASIC's were to stay on the chain we would be fine, it's figuring how to deal with gpu's one minute, super computers the next, and back to GPU's.

So, growing pains. None of us thrilled about it unfortunately. That said, the price is holding steady on BTC-E, so people still believe (I still do). It's an alt chain, I don't think it's unreasonable to expect more then a few bumps along the way.

Anyway, the mailing list will keep anyone up to date though.

Thanks for the update, as mentioned about we will be subscribing to the mailing list.

There does need to be some sort of presence on the forums for new altcoins, a PR figure if you will.
Many altcoins have their coders doubling up as the PR contact ie Sunny King for PPC and Balthazar for NVC. Their presence and willingness to discuss issues as they happen reassure the users.

Lets hope TRC recovers soon and survives the next attack better.

I agree, although I wouldn't count this as an attack. More like, "victim of it's own success" with massive GPU miners and ASIC miners decided to get a big purse of coins in a short amount of time and then decide to go back to bitcoin, leaving us with the diff.

The DEV is on the github issue tracker, although it's true a presence here would be nice (I think the DEV is lurking though, I have my suspicions about who he is). That said, PPC and LTC are lucky to have Sunny King and Coblee. No one wants a DEV that can't resist the urge to descend into a Troll fest a-la SolidCoin......

In anycase, the Dev is working on it. There should be a way to find a compromise between preventing a collapse of the diff from ASIC's while simultaneously allowing the DIFF to drop within a reasonable time frame after the huge miners get off.

Of course another solution would be if the price jumps and ASICS just stay on it. :-)