Bitcoin Gold Website Down

vlemon (76)in #bitcoin • 9 years ago (edited)

Not even a day after its launch, Bitcoin Gold is facing some IT issues.

A new cryptocurrency called bitcoin gold (BTG) officially separated from the bitcoin blockchain this morning – and the project's website has been under denial-of-service attacks ever since.

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It could not be so important if there were a lot of other websites/tools to track the cryptocurrency's progress. But unfortunately it is not the case.

"Massive DDoS attack on our cloud site. 10M requests per minute. We are working with the providers to ban all the IPs. We will be up soon!"

It seems a lot of "people" are angry at Bitcoin Gold as some issues have not been yet solve (the risk of "replay attack" for example), the fact that it is privately created before becoming open-source

"Replay attack":

Refers to transaction complications that may arise when two incompatible versions of the bitcoin blockchain are unable to distinguish each other.

The "creator" of Bitcoin Gold is LightningAsic CEO Jack Liao; he is very critical of the mining system and the oligopoly system that MiningPool lead to.

My opinion

Honestly, it is a bad news for Bitcoin Gold which had so much trouble to gather support.

Nevertheless, as I write frequently about the subject on Steemit; I do not like Bitcoin as I believe nothing is special about it except it was the first crypto/blockchain created.

All these Forks/Drama lead me to stay away from Bitcoin which price is driven by mining pool more than by P2P Market.

Source:
https://www.coindesk.com/bitcoin-gold-website-following-massive-ddos-attack/?utm_content=buffer91922&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

#cryptocurrency #news #crypto #thealliance

9 years ago in #bitcoin by vlemon (76)

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techwizardry (65) 9 years ago

These assholes say they had replay protection on the site, but on their GitHub repo they are offering bounties for someone to code it for them. Scammers all the way!

No big exchange is going to touch this turd. No bloody way.

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vimukthi (73) 9 years ago

BTCGold is a terrible product. But it should be left to die in a free market. The haters should not attack it in such a way. This only goes to show the disharmony and toxic nature of the Bitcoin community. DDoS attack is not the way to solve this.

Blockchain needs governance like Dash and other projects that borrowed from Dash. We need to make ourselves cheap and fast. That's the only way we are going to make the bankers go bust. $3 dollar fees and waiting 10mins (at times even days) is not the way to go.

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