So the Terracoin development team is located in East Coast, United States?
I got into Terracoin at the start of this year to learn about the cryptocurrency network. BTC is just too valuable to waste on test and experiment. Believe me, I have learned so much thru TRC (including the current debacle) than I ever will via BTC. Plus, the few active member such as Crazy Rabbit, Fuzzy Bear, and Walter Rothbard all seemed really nice (note the fuzzy animals and puppets in these user names). So it is a real shame that TRC has come to this.
I really don't understand why someone with 500 Giga to 1 Tera hash/second hashrate would attack the TRC network instead of making a load of money mining BTC. Note that this attack has gone on for many days now, while BTC has gone all the way to USD$250 and beyond. So instead of making up to $5,000 mining BTC everyday, this person is screwing around with the TRC chain and got maybe 50K~60K TRC coins, worth only $10,000 at the current exchange rate. So the person basically spent $30,000~40,000 in lost opportunity cost to attack the TRC chain. That frankly is not rational.
But in any case, best of luck to the TRC team in trying to find the solution.
I got into Terracoin at the start of this year to learn about the cryptocurrency network. BTC is just too valuable to waste on test and experiment. Believe me, I have learned so much thru TRC (including the current debacle) than I ever will via BTC. Plus, the few active member such as Crazy Rabbit, Fuzzy Bear, and Walter Rothbard all seemed really nice (note the fuzzy animals and puppets in these user names). So it is a real shame that TRC has come to this.
I really don't understand why someone with 500 Giga to 1 Tera hash/second hashrate would attack the TRC network instead of making a load of money mining BTC. Note that this attack has gone on for many days now, while BTC has gone all the way to USD$250 and beyond. So instead of making up to $5,000 mining BTC everyday, this person is screwing around with the TRC chain and got maybe 50K~60K TRC coins, worth only $10,000 at the current exchange rate. So the person basically spent $30,000~40,000 in lost opportunity cost to attack the TRC chain. That frankly is not rational.
But in any case, best of luck to the TRC team in trying to find the solution.