Shitshow to Success? Bitcoin Gold's Launch Has Been Anything But Smooth

in #bitcoin7 years ago

From Coindesk


An attack, a chain split and general chaos on social media aren't getting the developers behind bitcoin's latest fork down.

The bitcoin gold cryptocurrency, which split from bitcoin in October, at the time touting a new mining scheme, has had a rocky start since it launched its live network on Nov. 12.

Within the first day after its release, one of the network's mining pools, "pool.gold," suffered a denial-of-service attack that took it offline for an hour and a half. Shortly after, the blockchain split when pool.gold and another mining pool called Suprnova found blocks at the same time.

Eventually, one chain was ruled as the ledger of record, but not before mining was halted on the other chain and pool.gold reset, erasing funds for some unlucky miners.

"It's just been a mess with the opening – nodes not syncing and different heights of the blockchain and then restarting nodes and resetting and erasing miner's totals," said a bitcoin gold miner who wished to remain anonymous.

He added candidly:

"[It's] just a shitshow."

Read more: https://www.coindesk.com/shitshow-success-bitcoin-golds-launch-anything-smooth/

Not a good start at all yet I'm still attracted to this project due to it enabling me to mine without purchasing asic hardware.

Leave your thoughts in the comments below.


Follow @contentjunkie to stay up to date on more great posts like this one.

Sort:  

This post has received a 49.59 % upvote from @booster thanks to: @contentjunkie.

This post has received a 12.50 % upvote from @buildawhale thanks to: @contentjunkie. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.

To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness

This post has received gratitude of 31.45 % from @appreciator thanks to: @contentjunkie.

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.029
BTC 64572.94
ETH 2630.79
USDT 1.00
SBD 2.82