Topic: [ANN][KiB] Kibweecoin | Proof-of-Contribution | Under rework (Read 36974 times)

this.


People come in here, claiming scam and shit like that. People lost mining time, btc on rentals, ALL this is understandable. But if you havent calculated that in THIS SCENE you sometimes lose time/btc then it is not for you.

Dev has even given his name out in the open and he was in IRC, this WHOLE time and explaining the issue. Ive seen obvious scammers get treated with more respect ffs.

Frustration is justified, personal attacks are not. Mine something else, dump it to make up for ur costs, and come back for more news later. Geez.

Switch your rigs people looks like a relaunch is in the works , mine one of shitcoins that launched today and never forget "only put in what you can afford to lose, don't get greedy on launches"

MN pools are most trusted pools this is your mistake in code most likely , even pool owners watch world cup so give it time they will respond(you saying it's attack it's crap) i'm not affiliated with MN pools but use them all the time asnd they don't do that

Thanks for a good explanation of what is going on. Hope you get this exploit resolved and relaunch soon.

ok thanks for the info now we can plan ahead ...

we are not wining but if there is talked about a relaunch and rigs are rented it is good to know what is going on , for the rest i like the concept and the coin and we are willing to give dev time to repair his issues

NEW ETA

Okay let's resume the issue because the thread is a bit messy atm.

The source contain a code to send the POC block reward on the following address: KLMD1gKGK44AGaRq5W8StG4LnhGDLjCfQh

The problem is that coin are actually sending to an other address. Which is not the good one.

It mean the POC is stuck and the miners from this pool are receiving the POC block.

We think it's a malicious attempt as the pool operators aren't responding and as the coins succeed in all our tests.
The pool involved in this has still more than 51% of the hashrate. It's not really a fork because the blocks are indeed the same: it's not about the blocks but about the transactions. This is making this attack not visible directly on the network, because you can't watch a block fork.

If anyone of you is a dev you can find the part of the code on main.cpp line 4443 and 4659.

My advice is to stop mining at the moment, because we failed to get less than 51% on the concerned pool.

We are looking into a solution. Me and my co are actually discussing about this. I also had a long chat on IRC with the peoples there.

We need to restart the coin, but also need time to rework our system to avoid this kind of attack happening twice.

We will make a system to refund the Contributors if they want to get back the BTC.

More details are coming as soon as possible. I'm going to update the OP, I'll keep answering your questions too.

Please don't do useless troll, we will work on a solution.

i mined just under 20 coins on under 50 mh... 50 mh is nothing nowadays, and there were at least a dozen people in pool.mn who were pushing waaay more then that... some as much as 2+gh...

i am sure those people are not going to be "thrilled" about losing all those coins, as well as all that btc they used on renting rigs etc...

this isn't just time, which is not exactly inconsequential, there is real money involved here...

Plenty of other x11 scams that launched switch your rentals to BossCoin or Lightcoin or WatCoin (all launched today lol) pick one of the winners or mine them all for a while hope at least one will work out and make your rental money back. this one is worse than ones i named above and they are shit lol

Holy cow, listen to you people. You would think that you have all lost out on a pile of gold. Even if the dev was out to scam, wouldn't he be doing all of his nefarious scamming for more than the first 15 minutes? I mean c'mon.

And besides the investors, of which there sure can't be that many, what has been lost?

No one is going to feel bad for you miners because a little of your time has been wasted. Don't like the coin? Then move on to another. How many coins could you possibly have mined in such a short period of time?

This is something new. Let the developer work on it. All of this whining as if you deserve something is just stupid.

merc just added sfr to the multi, so at least there is a solid coin to mine for a bit

Dev is offline i dunno what to say, i moved my rigs back to trademybit.
I can see us all getting collectively screwed here by the KibweeCON

yea can we have a decision pls?

so i rent some rigs , i buyed some shares .

what to do now? , is there a relaunch and do i better quit mining this or what ....?

and the shares..?

it is a little cunfused now

Actually this mess is fuding the thread... To the moonnnnn !  

Oh wait, I still have no coin as POC failed, damn ..  

nice name 
I want it

Im so glad that all those little miners are affraid of losing their already mined 10-20 coin?

And you guys really seem not to get it, the dev got BTC for the shares, wheter those poc blocks are returned or not he will still have the same amount of BTC

Its the share buyers who are left out with 0 reward for the BTC payment.

I should have gotten more than 20 KIB from the first POC block, which i didn't, and that is probably more of a loss than most miners would mine out in days...

Maybe you guys should add this to your calculation when u are shouting no at a relaunch / fix.

I know that everyone is selfish and doesnt give a fxxx about others but really you only lost some hours of mining power.

(im also a miner aswell with 40MHs on a multipool and i know that you earn really a little in some hours...)

that wont work, some of us already paid BTC for the coins

no relaunch or this coin will end up on the scrap heap like most of the others.

relaunch is only necessary because the pool operator is not responding to the dev about the situation.

My cashier example was not perfect because we have more then 2 parties. Again it really doesn't matter why it went wrong the pool operator could help the dev and avoid a relaunch but it would seem that is not happening. For the record I am losing out on .17btc of rentals myself. I also have no affiliation with this coin or dev other then renting to mine it and noticing that the 472 blocks were not going to POC but instead to the pool.