Quote from: PotCoin on May 12, 2014, 10:56:21 PM

Due to these random anonymous attacks we have decided to look into a few solutions against them, we will run some test on the test net to see what works best.

Potcoin Halving at block will be postoned - ASIC attacks this morning of 1.5 T/h We would like to add the next wallet update instead of doing 2 updates so thats why we are taking the time now to do it. We are sorry for the delay but its the best time to implement a fix like this since we are already halving the block.

This has been happening to other coins all over the place and we want to find out what other coins have experienced also, this is a matter we are taking very seriously.

We know these people dont have the resources to keep doing these attacks but we are going to take the correct measures.

thanks for understanding

smoke

You seriously have not a clue about cryptocurrencies and what makes them valuable and worthwhile do you? You barely seem to understand what makes them function. You're going to look into solutions to protect against hashrate? Really? Tell me more about this attack of 'hashrate'. Are you going to use 'the force' to tell luke-hashwalker to ignore the darkhash?

You know the people who are attacking the coin? That's what you're claiming, by saying you know their resource capability. Either that, or you're lying and speculating and hoping that they don't have the resources. Either way -- this paints you in a really bad way doesn't it? Refusing to discuss investors, failure of a 4/20 launch, and now claiming to understand the attacker's resources.

I stand amazed. After this morning, I wasn't capable of believing you could put your foot any deeper into your throat, but you're up to the knee. You've almost singlehandedly ensured potcoin will fail, and within a matter of hours.

Quote from: Chronikka on May 13, 2014, 01:24:37 AM

They are halving the coin because it needs to be done. All 420 million coins mined in a year of existence is too fast.

With respect, can you scientifically and mathematically prove 'why it needs to be done'. Use references from the past 2 year's worth of currency data, and especially cross-reference coins which have changed rewards, including the ones which survived and the ones which didn't, and show correlation as to their end result.

Because it doesn't "need" to be done. Whether you're at maturity now, next week, or 5 years from now, there's one constant: no use for the coin. I could send a few million potcoin to a paper wallet and use it for toilet paper.

It will, quite literally, get more use than anywhere else right now. And this is the failure of PotCoin.