Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LGC] Logicoin | DGW | X11 | No Premine | DGW3 Incomming!
by
sumgye
on 16/05/2014, 00:22:45 UTC
LGC is currently being easymined or hacked by some kind of share/difficulty exploit.

Earlier, while solo mining, I watched the difficulty plummet from 70-80 down to 4. Whats really freaky is how the difficulty continued to decrease, despite the fact that the instamine was well under way. This screenie was taken just before it dipped to 4.

6 blocks minted in only 14 seconds ! Shocked



That's exactly what's supposed to happen when a large proportion of mining hash suddenly disappears from the network, because when that happens, the hash that's left takes much much longer to solve the current block. After that "hard block" gets solved, difficulty drops so that the network can catch up to where it is supposed to be in the blockchain.

Every coin does this. It's just more evident on the logicoin network because our core hash is so small. Add up all the hash on our mining pools. Its a pittance compared to other coins.

So if you're going to spread fud about a hack or easymining, how about some proof that it isn't just this phenomenon that all coins deal with. Otherwise, don't label it like that, just post your pictures, summarize what you saw and ask for an explanation. If you don't agree with the answers you get, let us know. Show us something we haven't considered. Anything. Help us!

If it is just a huge coin switching pool then that IS a problem, and by the sounds of things, its being worked on. But its not a hack.