[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 436.

sargecap

newbie

Activity: 14

Merit: 0

Quote from: thisisit on April 02, 2014, 04:24:45 PM

Quote from: mr_random on April 02, 2014, 04:22:19 PM

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

If it appears? What a joke.

Dishonest dev, dishonest community.

yes it should have been worded/said differently. agree.

Yep.

This has been a pr disaster for MINT from start to finish. I just hope as a small holder of mint that things go smoothly with the fork!

mctaino

hero member

Activity: 686

Merit: 503

were is the NEW OSX wallet

gonzoucab

newbie

Activity: 42

Merit: 0

Quote from: stormia on April 02, 2014, 04:27:44 PM

Quote from: thisisit on April 02, 2014, 04:24:45 PM

Quote from: mr_random on April 02, 2014, 04:22:19 PM

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

If it appears? What a joke.

Dishonest dev, dishonest community.

yes it should have been worded/said differently. agree.

You guys can be as nit-picky and negative as you want but what matters is that the problem is fixed and our dev thanked rat4. It's time to move on.

+10.000

stormia

hero member

Activity: 868

Merit: 1000

Quote from: thisisit on April 02, 2014, 04:24:45 PM

Quote from: mr_random on April 02, 2014, 04:22:19 PM

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

If it appears? What a joke.

Dishonest dev, dishonest community.

yes it should have been worded/said differently. agree.

You guys can be as nit-picky and negative as you want but what matters is that the problem is fixed and our dev thanked rat4. It's time to move on.

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: mgburks77 on April 02, 2014, 04:10:49 PM

MINT is proven antifragile

can blackcoin say the same? time will tell

Sure it proved ^^ few times...
-timebomb attack solved
-After some bcmutipool Developer left there was many FUDs after that BC rebuilded it position and got new pool dev team...
-After minig part no many gave BC chance to go up...
-CR exchange problems and FUDs on BC dev + death wishes...
there was many drama points of BC history bro...price ofcourse drooped but not for long Tongue

Quote from: rat4 on April 02, 2014, 08:28:37 AM

Quote from: tacotime on April 02, 2014, 08:10:43 AM

Quote from: rat4 on April 02, 2014, 08:06:39 AM

Quote from: tacotime on April 02, 2014, 07:58:33 AM

Told OP it was a bad idea, was ignored by OP in the Blackcoin thread. If you don't understand the code you're modifying, don't muck with it.

These attacks are not applicable to BlackCoin. Guess why.

My guess is that you modified the trust weighting for PoS blocks so that PoW block or that you manipulated timestamping variability, neither of which are great solutions in the distributed system you're playing with.

It looks like you tried to fix the stake modifier with a hardfork and then broke it in the process, too:
https://github.com/rat4/blackcoin/commit/47d2eec662b738b39cdb45f3ef6f72a13b929268#diff-25d902c24283ab8cfbac54dfa101ad31
https://github.com/rat4/blackcoin/commit/9dea231970c5c73dd6b7e3d0d20210233574a179#diff-25d902c24283ab8cfbac54dfa101ad31

Others vulnerabilities exist and you still refuse to address them (the "nothing at stake" fork, stake modifier manipulation).

Zero difficulty PoW is open door and cannot be trusted. One of possible fixes is to disable PoW.

So it looks like Mint joined true POS system ^^ and applied rat4 easy fix.

colinfx

sr. member

Activity: 364

Merit: 250

Quote from: coolbeans94 on April 02, 2014, 04:23:19 PM

From what I can see, all they managed to do is slow the network down for a while. And at great expense, by renting a large amount of hashpower and using timestamp tricks. Seems to me all that is able to prove is that with enough hashpower one is able to make the network lag for a while.

How can you see that? So the team are releasing new wallets for nothing? So there is no fork here?

deadmanwalking

full member

Activity: 210

Merit: 100

Quote from: thisisit on April 02, 2014, 04:24:45 PM

Quote from: mr_random on April 02, 2014, 04:22:19 PM

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

If it appears? What a joke.

Dishonest dev, dishonest community.

yes it should have been worded/said differently. agree.

English isn't the dudes first language. He thanked him.

thisisit

full member

Activity: 224

Merit: 100

Quote from: mr_random on April 02, 2014, 04:22:19 PM

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

If it appears? What a joke.

Dishonest dev, dishonest community.

yes it should have been worded/said differently. agree.

stormia

hero member

Activity: 868

Merit: 1000

Quote from: mr_random on April 02, 2014, 04:22:19 PM

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

If it appears? What a joke.

Dishonest dev, dishonest community.

What are you talking about? Still trying to cause trouble? Go away mr_random, stop trolling. The dev just thanked rat4 for what he did.

coolbeans94

hero member

Activity: 613

Merit: 500

Mintcoin: Get some

From what I can see, all they managed to do is slow the network down for a while. And at great expense, by renting a large amount of hashpower and using timestamp tricks. Seems to me all that is able to prove is that with enough hashpower one is able to make the network lag for a while.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: colinfx on April 02, 2014, 04:13:04 PM

Quote from: mgburks77 on April 02, 2014, 04:10:49 PM

MINT is proven antifragile

can blackcoin say the same? time will tell

mgburks77 - I feel you do not speak for the MINT community.

Let this all go quiet so as to not cause any more damage to MINT, the problem will be fixed by the MINT devs, let it go.

I don't speak for anyone but myself, but as it seems the issue is now resolved I am fine with that

mr_random

legendary

Activity: 1344

Merit: 1001

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

If it appears? What a joke.

Dishonest dev, dishonest community.

mintcointeam

sr. member

Activity: 325

Merit: 250

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

For now, a new wallet is available and this is a mandatory update!
https://mega.co.nz/#!YI4DETrC!0Cy_PFqWkLF52Ic_Hoo-5v_oyUGWa2R4dcIvlX1S2H0

Please notify every people you know about this update!

What's new?
(1) latest checkpoints
(2) fixed wallet getbalance issue (thanks paspi)
(3) remove pow generation after block 220000

quoted with a few more info!

mctaino

hero member

Activity: 686

Merit: 503

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

For now, a new wallet is available and this is a mandatory update!
https://mega.co.nz/#!YI4DETrC!0Cy_PFqWkLF52Ic_Hoo-5v_oyUGWa2R4dcIvlX1S2H0

Please notify every people you know about this update!

is this an OSX wallet

stormia

hero member

Activity: 868

Merit: 1000

Quote from: deadmanwalking on April 02, 2014, 04:18:54 PM

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

For now, a new wallet is available and this is a mandatory update!
https://mega.co.nz/#!YI4DETrC!0Cy_PFqWkLF52Ic_Hoo-5v_oyUGWa2R4dcIvlX1S2H0

+1

Let's stay off Blackcoin's thread unless we have something nice to say.

Agreed. This should be the norm.

deadmanwalking

full member

Activity: 210

Merit: 100

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

For now, a new wallet is available and this is a mandatory update!
https://mega.co.nz/#!YI4DETrC!0Cy_PFqWkLF52Ic_Hoo-5v_oyUGWa2R4dcIvlX1S2H0

+1

Let's stay off Blackcoin's thread unless we have something nice to say.

paspi

full member

Activity: 185

Merit: 100

Quote from: mintcointeam on April 02, 2014, 04:15:15 PM

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

For now, a new wallet is available and this is a mandatory update!
https://mega.co.nz/#!YI4DETrC!0Cy_PFqWkLF52Ic_Hoo-5v_oyUGWa2R4dcIvlX1S2H0

Please notify every people you know about this update!

great news!

Ubuntu users: Ubuntu wallet will be updated to new version in a few hours

thisisit

full member

Activity: 224

Merit: 100

Quote from: XbladeX on April 02, 2014, 04:10:56 PM

Quote from: thisisit on April 02, 2014, 04:06:11 PM

this is already happening a lot.

hackability and exploitability of any coin is bad.

thats why something new, radical, will be invented one day to replace this all.

bank goverments can steal your money with taxes fees and you can do anything about it
with crypto you are free from banks and governments.
Where moeny are there allways will be problems becouse of people greed and other factors.
You wont run away from it unless you will be homeless ^^

i think there are problems in crypto as well, regarding to greed

ps. good job on the fix. thank you.

mintcointeam

sr. member

Activity: 325

Merit: 250

Update on the potential security issues mentioned earlier.

As a cautionary measure and since MINT does not really need PoW, we have decided to get rid of the PoW. We don't want to take any security risk.
And since our ego is less important than your hard earned money, we won't have any problem to be thankful to another coin dev if it appears he has helped to increase MintCoin's security.

For now, a new wallet is available and this is a mandatory update!
https://mega.co.nz/#!YI4DETrC!0Cy_PFqWkLF52Ic_Hoo-5v_oyUGWa2R4dcIvlX1S2H0

Please notify every people you know about this update!

What's new?
(1) latest checkpoints
(2) fixed wallet getbalance issue (thanks paspi)
(3) remove pow generation after block 220000

paspi

full member

Activity: 185

Merit: 100

Quote from: gonzoucab on April 02, 2014, 03:54:23 PM

Quote from: maarx on April 02, 2014, 03:51:43 PM

Quote

static const int CUTOFF_POW_BLOCK = 220000;

if (IsProofOfWork() && nHeight > CUTOFF_POW_BLOCK)
return DoS(100, error("AcceptBlock() : No proof-of-work allowed anymore (height = %d)", nHeight));

https://github.com/mintcoinproject/mintcoin/commit/dad79713d4172a569238de1b736abfbf307acfbd

Welcome to POS only guys

That doesnt mean that, mint will keep Hybryd!

read:

http://www.netcoin.io/wiki/Algorithms_for_PoS_Voters_to_Assess_the_Validity_of_PoW_Blocks

We are changing cutoff of blocks that attack, but this parametter need to be adjusted for the network size.

I doesnt need a FORK!!!

Clean solution from DEVS!

what do you mean? the code diff seemed to me like mint will become pure PoS after block 220000.

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 436. (Read 1369809 times)