Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRA] Graincoin - PoW/PoS coin | Fast, secure | Version 1.6.2 Release
by
bobbyb
on 24/09/2014, 21:22:11 UTC


This is why I have dumped everything.
I was just testing some stuff, but you could time warp the shit out off this chain if you wanted (I didnt, I have only mined 2h in the future without forking the chain).
This 2h time change has fucked up the diffculty for 2 hours. You could time warp and double spend as much as you wanted (which I didnt).

PoW should be removed, its only a weak point with this low block rewards.

"netmhashps" : 77.80505571

nice Smiley

Edit:
now its all gone  Embarrassed

"netmhashps" : 127.60631041

Hold on ...  It's still breathing and has a weak pulse ...

This is probably someone else doing the same shit.

Really? Could you elaborate, please, the complete scenario.

After reading stuff about BCX, I was curious how will the Grain blockchain deal with blocks that have a faked timestamp, so I have run a test.
I have changed the system clock time on my miner 2 hours into the future and started mining.

The network has accepted my blocks and I have also solved PoS blocks with a faked timestamp. I have tested this a second time without a PoS block being solved and the network has rejected my PoW blocks.
Normally I get 66-75% stales/invalids, but with the faked timestamp I have got only 40-50%. The PoW difficulty was also lowering!

After restoring the normal time I could still mine with a low difficulty for a short time, but then the difficutly has raised without PoW blocks being solved.
The difficulty was so high, that I could not solve any (or almost none, I cant remember) PoW blocks until 2 hours since my last block with a fake timestamp have passed.
My client also didnt solve any PoS blocks.

I cant tell how exacly the network did behave during this 2 hours, because I had only one client running, but I have noticed a very big interval between the blocks.
I can remember that the highest interval between block (according to my client) was over 10 minutes (maybe even 20).

After the 2 hours, my client have solved a shitload of PoS blocks instantly and the difficulty was back to normal.

I could made a copy of the chain and do the above and mine faster than the network.
I could also play with the timestamps on my private copy of the chain and I would definitely solve the blocks faster than PoW and PoS of the network combined.


It is also a bad idea of swisscex to accept Grain deposits after only 6 confirmations.