Topic: [ANN][GHOST] GhostCoin | Roadmap | Thread Redesign | Bittrex | Bter | 400GH+ - page 20. (Read 117090 times)
October 07, 2014, 09:10:36 PM
October 07, 2014, 09:05:45 PM
what happend about this coin
October 07, 2014, 08:58:13 PM
Developer Announcement -- Operation GhostBusters
All we want to let everyone know that we are working extremely hard to sort out the issue, we have been in contact with numerous parties and are formulating an action plan to correct the issue. We want to give a sincere thanks to ocminer for his dilligence in discovering the issue and reporting it to everyone, we are going to fix this and things will move on, not one satoshi will be lost.
Here is what's going to happen:
- We are going to have a hardfork scheduled to correct the issue as it only appears to have affected PoW blocks.
- The addresses that minted the 10million PoW block and others will be blacklisted and balance frozen. We are going to contact ritchie afer the hardfork to resolve the issue and re-allow withdrawals
- There will be more future updates regarding the plans to forcibly remove / ignore the illegal block rewards, once a solid plan is established it will be announced to the community.
Again our sincere apologies for this issue, we are currently working on the hardfork and will announce the hardfork date soon and confirm it with the exchanges. We want to thank again everyone for their efforts to help resolve this issue, espcially the efforts of ocminer and the exchanges.
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October 07, 2014, 08:43:07 PM
The coin be recovered in one case, let's read bittrex's updated statement: https://bittrex.zendesk.com/hc/en-us/articles/203099464
Beside this, and first of all:
- PoD with CryptoAsian
- Road Map
Without any of this then this coin is dead. PoD and Road map should come first at this point BEFORE adding the coin to the exchange again.
Quote
We will be closing the GHOST market and wallets immediately.
At 10:41am PDT, our systems automatically shut down the GHOST market due to some of our enhanced security checks. Twenty minutes later, we confirmed the problem and it turns out there was a "bug" in the code that allowed you to mint any number of coins. We started working with the dev immediately to try to hardfork and save the coin, but given the nature of the vulnerability and the fact we are not convinced the developer is not malicious, we have decided the best course of action is to close down the market/wallet.
While our security systems stopped the dump of generated coins onto the marketplace there is nothing we can do to save the value of the coin. We will not be re-opening the wallet for withdrawal since you can mint any number of coins you want.
[update]
For people that keep asking for withdrawals, please understand why we are not allowing it. There are two possible outcomes:
1) The coin is dead, the blockchain allows generation of any coins it wants, thus any withdrawals is pointless.
2) The dev saves the coins somehow, at which point, anything you withdraw will be negated anyhow, so again pointless.
If the dev does somehow save the coin, he will be rolling back to a point BEFORE the bad blocks were generated. We currently have good standing balances without the bad coins dumped. If we allow withdrawals now, we would get into a state that would be completely unrecoverable.
At 10:41am PDT, our systems automatically shut down the GHOST market due to some of our enhanced security checks. Twenty minutes later, we confirmed the problem and it turns out there was a "bug" in the code that allowed you to mint any number of coins. We started working with the dev immediately to try to hardfork and save the coin, but given the nature of the vulnerability and the fact we are not convinced the developer is not malicious, we have decided the best course of action is to close down the market/wallet.
While our security systems stopped the dump of generated coins onto the marketplace there is nothing we can do to save the value of the coin. We will not be re-opening the wallet for withdrawal since you can mint any number of coins you want.
[update]
For people that keep asking for withdrawals, please understand why we are not allowing it. There are two possible outcomes:
1) The coin is dead, the blockchain allows generation of any coins it wants, thus any withdrawals is pointless.
2) The dev saves the coins somehow, at which point, anything you withdraw will be negated anyhow, so again pointless.
If the dev does somehow save the coin, he will be rolling back to a point BEFORE the bad blocks were generated. We currently have good standing balances without the bad coins dumped. If we allow withdrawals now, we would get into a state that would be completely unrecoverable.
Beside this, and first of all:
- PoD with CryptoAsian
- Road Map
Without any of this then this coin is dead. PoD and Road map should come first at this point BEFORE adding the coin to the exchange again.
October 07, 2014, 08:41:08 PM
At the very least we can take comfort the scammer lost ALOT of money trying to pull this off if it was indeed him super mining his own coin.
October 07, 2014, 08:31:05 PM
what happened to this?!
I have lost my coins?!
I have lost my coins?!
Yes, they are gone. There was a bug in the code that allowed to mint any number of coins. Dev cant save it. No exchange will touch it.
October 07, 2014, 08:20:17 PM
what happened to this?!
I have lost my coins?!
I have lost my coins?!
October 07, 2014, 08:09:37 PM
Quote
We will be closing the GHOST market and wallets immediately.
https://bittrex.zendesk.com/hc/en-us/articles/203099464
https://bittrex.zendesk.com/hc/en-us/articles/203099464
October 07, 2014, 07:39:23 PM
Wow, maybe dev / Bittrex will be able to prove me wrong here, and anyone who scooped up cheap coins on Bter will be very happy?
Hard to say.
Hard to say.
I would say there is no reason for the dev to show up if it was a scam from the beginning, what would be the point?
So, if dev can prove that the extra coins weren't dumped (Bittrex could corroborate that) and they can fix coin, I think it's the right direction to keep the coin alive.
October 07, 2014, 06:45:07 PM
This is a scam, nothing else.
Thanks to minerpools for pointing this out.
Main Ghostcoin Seednode: *** Resolved seed2.ghostcoin.org to 87.121.52.18
Let's see what google gives out: https://www.google.com.co/search?q=bitcointalk+87.121.52.18&oq=bitcointalk+87.121.52.18&aqs=chrome..69i57.1399j0j4&sourceid=chrome&es_sm=93&ie=UTF-8
Oh, Crackcoin right?
Thanks to minerpools for pointing this out.
Main Ghostcoin Seednode: *** Resolved seed2.ghostcoin.org to 87.121.52.18
Let's see what google gives out: https://www.google.com.co/search?q=bitcointalk+87.121.52.18&oq=bitcointalk+87.121.52.18&aqs=chrome..69i57.1399j0j4&sourceid=chrome&es_sm=93&ie=UTF-8
Oh, Crackcoin right?
October 07, 2014, 06:10:20 PM
So you're telling me there's a chance?
Meh. No options but to hold the coins anyway.
Will be interested to see if anything happens.
Meh. No options but to hold the coins anyway.
Will be interested to see if anything happens.
October 07, 2014, 06:07:12 PM
I JUST DO NOT GET IT THAT HOW COULD THIS COIN HIT BTER SO FAST?
October 07, 2014, 06:02:55 PM
Developer Announcement -- BlockChain Issues/Shitstorm
All our sincere apologies for the delayed response we are currently in contact with a million people at once trying to sort the shitstorm out and have not had a chance yet to reply on bitcointalk. We are cyptography and cryptocurrency enthusiasts and were contacted by a developer to help create a coin, whom has duped everyone, we are very angered by this and will be doing a hardfork and changing everything over to our control, here is what's happened/going to happen.
- We have changed all the credentials to github, etc.
- We have been scambling to contact everyone including exchanges and reported the address of the person who did the exploit (he used 1 single address for everything).
- There will be a hardfork announced where everything ALL ALERT KEYS, SYNC KEYS, etc. will be back under our control.
- The roadmap will be posted as planned
Again our sincere apologies, the coin has a slightly larger supply now yes, but we have reported the address of the attacker to exchanges and the funds have been frozen, these coins are going to be removed from circulation and have not been dumped. We have not seen any evidence of any mass dumping, props to the exchanges for detecting and stopping the attack.
There will be many more updates to follow as the situation progresses please keep an eye on the OP and thread for more announcements.
How could you put this coin on Bter so fast?
China scam?
do you decided to show up because they discovered that you are the same dev of crackcoin or want another chance to dump your coins?
am i wrong?
October 07, 2014, 05:46:44 PM
So? What now? My 100 ghostcoins at Bittrex are frozen 
October 07, 2014, 05:40:22 PM
Developer Announcement -- BlockChain Issues/Shitstorm
All our sincere apologies for the delayed response we are currently in contact with a million people at once trying to sort the shitstorm out and have not had a chance yet to reply on bitcointalk. We are cyptography and cryptocurrency enthusiasts and were contacted by a developer to help create a coin, whom has duped everyone, we are very angered by this and will be doing a hardfork and changing everything over to our control, here is what's happened/going to happen.
- We have changed all the credentials to github, etc.
- We have been scambling to contact everyone including exchanges and reported the address of the person who did the exploit (he used 1 single address for everything).
- There will be a hardfork announced where everything ALL ALERT KEYS, SYNC KEYS, etc. will be back under our control.
- The roadmap will be posted as planned
Again our sincere apologies, the coin has a slightly larger supply now yes, but we have reported the address of the attacker to exchanges and the funds have been frozen, these coins are going to be removed from circulation and have not been dumped. We have not seen any evidence of any mass dumping, props to the exchanges for detecting and stopping the attack.
There will be many more updates to follow as the situation progresses please keep an eye on the OP and thread for more announcements.
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I will write in red to make sure the dev can catch my words.
as you see and I guess you understand the reason why all investors here are worry upon what's happened, some will wonder about are you going to do something or scammer?
So now one of the most important thing to do beside the required and urgent fixes and top of all is proving your good intention which is can be done via registering PoD with cryptoasian which will be a big step of ending FUD/fear of bagholders and bringing new investors which I believe in this case will take the price into a new whole level.
This is IMHO can't be delayed if you really want to fix things and bring back the coin.
+1 good point.
October 07, 2014, 05:39:45 PM
WHY BITTREX DID DISABLE WITHDRAWALS?
October 07, 2014, 05:37:40 PM
If anyone invested this coin please co-op to dev for returning ur inv. If we ruin this we may potentially lost everything. I think something is better than nothing.
I/we just want to return my/our investment if dev & community take some action to revive/survive this coin.
I/we just want to return my/our investment if dev & community take some action to revive/survive this coin.
October 07, 2014, 05:34:48 PM
Good post Kozmos.
As far as I can tell, dev's latest post is most likely a ploy to get someone to put up bids on Bter he can dump the scamgen coins to.
As far as I can tell, dev's latest post is most likely a ploy to get someone to put up bids on Bter he can dump the scamgen coins to.
October 07, 2014, 05:32:44 PM
Developer Announcement -- BlockChain Issues/Shitstorm
All our sincere apologies for the delayed response we are currently in contact with a million people at once trying to sort the shitstorm out and have not had a chance yet to reply on bitcointalk. We are cyptography and cryptocurrency enthusiasts and were contacted by a developer to help create a coin, whom has duped everyone, we are very angered by this and will be doing a hardfork and changing everything over to our control, here is what's happened/going to happen.
- We have changed all the credentials to github, etc.
- We have been scambling to contact everyone including exchanges and reported the address of the person who did the exploit (he used 1 single address for everything).
- There will be a hardfork announced where everything ALL ALERT KEYS, SYNC KEYS, etc. will be back under our control.
- The roadmap will be posted as planned
Again our sincere apologies, the coin has a slightly larger supply now yes, but we have reported the address of the attacker to exchanges and the funds have been frozen, these coins are going to be removed from circulation and have not been dumped. We have not seen any evidence of any mass dumping, props to the exchanges for detecting and stopping the attack.
There will be many more updates to follow as the situation progresses please keep an eye on the OP and thread for more announcements.
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I will write in red to make sure the dev can catch my words.
as you see and I guess you understand the reason why all investors here are worry upon what's happened, some will wonder about are you going to do something or scammer?
So now one of the most important thing to do beside the required and urgent fixes and top of all is proving your good intention which is can be done via registering PoD with cryptoasian which will be a big step of ending FUD/fear of bagholders and bringing new investors which I believe in this case will take the price into a new whole level.
This is IMHO can't be delayed if you really want to fix things and bring back the coin.
October 07, 2014, 05:26:36 PM
Wow, maybe dev / Bittrex will be able to prove me wrong here, and anyone who scooped up cheap coins on Bter will be very happy?
Hard to say.
Hard to say.
I highly doubt it. Even if this is rollbacked and hardforked, the trust is simply lost.
Even Bittrex had doubts about the team not being malicious.
Quote
"..but given the nature of the vulnerability and the fact we are not convinced the developer is not malicious,..."
from https://bittrex.zendesk.com/hc/en-us/articles/203099464
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