Quote from: CaliberCash on October 23, 2018, 02:37:55 PM

Quote from: iammackinnon on October 23, 2018, 06:56:15 AM

Quote from: CaliberCash on October 22, 2018, 12:55:39 PM

I was referring to the fact that the network was actually getting stuck - worst one was 2 hours without a block. There was a lot of hash at this time and the difficulty was still very low. The hash was spread between 2 pools and they were finding blocks faster than they could sync with eachother resulting in multipule alternate chains. Its took a while for the longest chain with the most work to win out. It was working as it was supposed to.

Thank you for the explanation. It makes sense what you said about multiple alternate chains...

Does Caliber have a plan to deal with 51% attacks? With the network hash rate as low as it is, it is susceptible (and appears to be under attack since nearly the start). Regardless of it being a couple of whales, or simply rented hash the network occasionally goes from 2M to 4M on a single pool. Since it's mostly on a pool, it doesn't seem like it's someone intentionally attacking in that way, but more of an opportunist trying to gain as many coins early on as possible.

Look at the hashrate graph on https://caliber.luckypool.io/
You can see that The hash rate was 1.88MH at 06:20+09:00 and jumped to 5.14MH by 07:53+09:00. It returned to 2.14MH at 08:55+09:00. From there it continues with these spikes (not nearly as great as that one). On cryptonightv8 1MH is a lot of computing power, so it's some combination of farms or rented hash that is likely causing these fluctuations. In turn that drives the difficulty up and when the hashing power suddenly drops off it leaves the rest of us to fight through.

Does Caliber have any plans on how to deal with the current volatility (or does this volatility not affect the coin in any negative way?)

Still wouldn't consider anything that has happened to be an attack. Most likely just early investors nicehashing legitimately.

However there is concern for attack after Caliber is listed on an exchange because would be 51% attackers could rent the power required. Will have to monitor the network hash.
One good option is to switch to a mining algorithm where there isn't enough hash to rent for 51%. However lots of coins are technically at risk right now by this method and don't have any issues.

The lower the nethash, the bigger the risk and lower the cost of attack.

I will dedicate some time to working on this. I'd rather have the piece of mind.

What else do you expect when the rewards drop from 8.7 in first 10k blocks to 2.1?

Maxfieldr

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