Wallet blocked again on a block



  • @haitch

    What about forcing an update? I am programer myself and I know that old clients could be limited how long it works until update is mandatory. Just an idea.. :)


  • admin

    @Jumper potentially it would be possible to get the wallet to ignore nodes running older code, but that runs the risk of there being two "valid" blockchains, one on new code, the other on old code. That's not a desirable situation either. I don't have the answer to the best way to fix the problem, but I implore people to get onto the current code base - there are still a lot of 1.2.3 wallets out there that need to upgrade.



  • @haitch Yeap, I guess you are right.



  • @haitch @Jumper

    I guess that a mandatory update of the wallet could help as well as recognize the problem in order to avoid future similar issues.
    I guess that if we want a solid coin and a constant grow, we can not simply say "it recovered on it's own and is working as designed.".

    I hope to read here in the next hours/days why the problem appeared today :)



  • I vote for ignoring older versions. That's what other coins do. As long as all the pools and exchanges are notified and changed, then it should work. Anyone on the old chain would eventually not be able to do anything and be forced to update.



  • @crutsy yeah also like this is a sort of mandatory update! Maybe just a bit brutal ;)


  • admin

    When only the solo miners and some smaller pools are left mining, the blocktime can increase to several hours. I think this happened as a side effect.

    We are investigating what actually crashed that many wallets. I think we are on the right track but if we knew it without doubt, it would be solved yesterday.
    The Burst network and protocol are only two years old. There will be more friction on the way. If it is too much heat for some of you - I can understand it.
    Please consider that high growth rate and gains are always coupled with higher risks. There are other ways to invest your hard earned money and get a interest rate of 3% a year in a less risky and volatile project.
    It is also unfair to compare Bitcoin with Burstcoin. Bitcoin is 100 times larger in Market Cap and four times older - and they had and have their famous bugs regularly, too.

    No money was lost - maybe some pools made some wrong pay outs and some solo miners had their lucky day, but nothing noticeable.

    Someone said: the longer the chain, the higher the value of the network. I think this is very true. There is a long and sometimes bumpy road in front of us.



  • @daWallet
    Thank you for your update on the issue.

    I didn't understand your first sentence

    "When only the solo miners and some smaller pools are left mining, the blocktime can increase to several hours. I think this happened as a side effect."

    If you can could you kindly explain?

    Could you also inform us on what you think is the reason behind it.. "I think we are on the right track"
    Maybe some of us could help as well if we have more details.

    thank you again!


  • admin

    @ccminer If the big pools go down at once, the left mining power is only a fraction. The time of a block determined by how many plots are sending their results of an equation. If e.g. only 30% of the network sends a result (the deadline) the best deadline can be two hours long.
    After this long block is solved the difficulty equilibrates to the new network situation and the next block will be solved (probably) closer to the targeted 4 minutes. The difficulty of mining always adjusts some blocks later..

    This explanation is simplified, but that is how most of the crypto currencies work.



  • @daWallet

    I know how the difficulty is retargeted in the cryptocurrency mining.
    Do you think is this that happened today?


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