At the time of writing Hive is processing head-block #49,983,911. In about 14 hours well hit that legendary 50M milestone. Congratulations, 150M seconds of Hive have passed! That's 150B milliseconds :D
Around four months ago I was talking about how it would be cool to launch the premine to my CAH clone card game (I think I've settled on the name Magic Words) on Hive during this time. I'm here to report that I've done close to zero work on that project. How disappointing. Oh well. Really goes to show you how much of a snail's pace development moves at.
I think the thing that really did me in was Hardfork 24. Our network has been in a state of instability for quite some time. However, it's nice to be able to move forward rather than standing still. I'd obviously much rather be stumbling forward than standing still like our "competitors".
Blurt has come under attack by an "unknown entity". When they scrapped the Resource Credit system, they started micro-charging users to post on the platform. In making this change, the opened up the network to a number of attack vectors. Some of the operations on the Blurt blockchain don't have this associated microcharge, so the attacker is spamming transactions and filling up the entire blockchain with garbage without running out of resources to do so.
Blurt has been scrambling for days trying to fix this problem. The attacker is exposing them for what they truly are: a completely centralized project in control by possibly a single person. Thecryptodrive.
Check out this gem I found searching LEOfinance general chat:
This is extremely comical
Because not only is this douchebag profiting from the money he received from that HBD potato nonsense, but he had the audacity to doubt the actions of our top 20 witnesses to the point of forking the entire network into a centralized shit show that he controls.
@fbslo/decentralizing-hive-dapps-hbd-potato
In response to this attack Blurt is becoming insanely centralized and seemingly dropping off the grid and becoming a private network. They are not reliquishing control of the network like they promised they would, and they didn't even hardcode that promise into the network. "We promise we will return control when this crisis is over." Yeah, I've heard that before.
The Blurt brass has even gone so far as to offer a bounty in exchange for the identity of the attacker. Of course that bounty will be paid in Blurt, so infinite jokes are to be made about that. Take your 300k and shove it. Just kidding I want the money I'll tell you who did it.
It was me.
Yeah, what now smart guys? You think you can prosecute @edicted for "attacking" your busted network? Get real. I'm following all the rules, and if your crap product can't stand on it's own two feet, then it doesn't deserve to exist. Get... out. Now where's my 'money'?
All they had to do was plug the hole of this attack vector, but instead it's being used as an excuse to take unilateral control of the entire network. Never let a good crisis go to waste. Clearly, these guys learned a lot from the current establishment.
The best part is that they still haven't figured out how to stop the attack.
Serious incompetence is being showcased.
Seriously though, these networks are self-regulating sovereign nations in my view. You don't get to go crying to some other government to help you out. Sink or swim based off your own merit.
Andreas Antonopoulos spells this out quite clearly: there is no such thing as "junk transactions". You don't get to tell me what does and doesn't have value on the network. If the fees get paid, then the operation is valid. End of story.
Well, the 'fees' have been paid, because their are none, and it turns out your network is totally broken and your "solution" to fix it is to create a fully centralized service. Brilliant, because we haven't been down that route before. Blurt is dunzo.
HAHA
Looks like @holger80 has figured it out as well:
@holger80/blurt-is-under-heavy-spam-attack-right-now
Check this post from 30 minutes ago to get the detailed analysis of what's happening here. Gonna kill it here and start my next post.