Author

Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 528. (Read 1192347 times)

legendary
Activity: 2142
Merit: 1010
Newbie
Need Disney Parental Control for posting on BTT too...
hero member
Activity: 524
Merit: 500
You guys were warned before and during the ICO, but you guys stick with investing on jl777's shit, what a tragedy, what a shame.   Grin Grin  You deserve to lose because you are morons.
sr. member
Activity: 676
Merit: 250
legendary
Activity: 2142
Merit: 1010
Newbie
refund me my 0.2 BTC

ROFLMAO!   Grin



The high rollers arent happy lol.

Shit happens,

Its not the first and it wont be the last coin to have a hicup (inc. BTC)

The important fact is it was identified early,will be fixed and the dev team were open and honest about what happened.

Next time use Disney Parental Control feature to filter out schoolgirls with 0.2 BTC...

EDIT: Interesting, how did she get those 0.2 BTC? By selling lemonade?
hero member
Activity: 518
Merit: 500
In fact there is much to gain by monetary loss in order to increase the confidence of this komodo on the market.
Turn this thing into an advantage.
sr. member
Activity: 567
Merit: 270
But why is the price on Bittrex almost equal to yesterday's price, despite of the bug?

Because most folks are not absolute morons to go sell their KMD due to some low-life attacker dumping the orderbook of one (1) exchange for peanuts.


Anyway I Will hire the hacker in komodo project.

What do you think James? Gained your respect?

I'm already waiting for others accusations  Cheesy mark, I'm not the hacker
sr. member
Activity: 282
Merit: 260
These things can happen guys! Crypto investment is not for weak hands. You have to believe,do not give up
sr. member
Activity: 567
Merit: 270
Sorry francisserik, I wasn't able to wait longer, and bought some kmd at that price. Il you told me before I left them dump more for you
newbie
Activity: 10
Merit: 0
Why is the price at Bittrex so much higher than on Cryptox?

Crytox is probably where the hacker was dumping his millions of stolen/manufactured KMD.

But why is the price on Bittrex almost equal to yesterday's price, despite of the bug?
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
Komodo team need to be ashamed of themselves,with all the delay and hype they can only offer this shit. How are we even sure this is not an inside job by the team to crash the price. I will never touch any project you guys are involved in again, the team have been disappointment.

We are making progress all the time, our Iguana development has been in full speed the whole time. You can download the latest wallet here: https://github.com/SuperNETorg/iguana/releases
It is a lot better then the current official release. We are still testing it, and will later provide installers and make it officially available on supernet.org. So we have delivered, and you can verify the progress, but the app is still in early development and we cannot market it to the end users. Please give us little more time and that phase can begin.

The reason why there is no installers is because the whole GUI team developing & fixing bugs, they won't spend time on this. We have hired another person just for the installers, and thus we will maximize the development speed. We are also streamlining our testing process to hunt down all the bugs, and anyone can help us with this in our Slack.

In general crypto is a high risk investment, but we are doing our best to minimize these kind of risks and that is what we have done today. Here's a good quote!

On the contrary, KMD notary nodes displayed why they are of existence.  To patrol any unscrupulous activities happening inside the blockchain. The past incident displayed how quick the response and the reaction of the team. For the record some had worse in the past but still recovered and made stronger stands. I don't see a disaster , I honestly see opportunities . KOMODO is a great project . A bug for exploits is a part of growing pains for any crypto projects . Dont despair KMD will recover and be more secure than before.
hero member
Activity: 518
Merit: 500
Why is the price at Bittrex so much higher than on Cryptox?

Crytox is probably where the hacker was dumping his millions of stolen/manufactured KMD.
newbie
Activity: 10
Merit: 0
Why is the price at Bittrex so much higher than on Cryptox?
legendary
Activity: 1176
Merit: 1134
When will the Komodo coins be tradable again on the exchanges?
it has been trading all along on bittrex.

I am recommending the other exchanges wait until at least after block 236200 before reenabling. A full resync is needed and that will also give us time to make sure we are indeed stable

Thanks. When I buy some on Bittrex now and you do a rollback, do I lost my coins?

And how long will it take to reach that block?
since bittrex promptly closed deposits when we requested, none of the illicit KMD entered their system. That means all the bittrex KMD is 100% backed by real KMD

which means there is no impact from any of this to bittrex and bittrex customers
sr. member
Activity: 537
Merit: 259
On the contrary, KMD notary nodes displayed why they are of existence.  To patrol any unscrupulous activities happening inside the blockchain. The past incident displayed how quick the response and the reaction of the team. For the record some had worse in the past but still recovered and made stronger stands. I don't see a disaster , I honestly see opportunities . KOMODO is a great project . A bug for exploits is a part of growing pains for any crypto projects . Dont despair KMD will recover and be more secure than before.

I dont think so, check bittrex largest wallet balance, it was loaded every day with thousands of coins (loaded with 2,2 million if im not mistaken), bittrex should take a look on that user account.
legendary
Activity: 1176
Merit: 1134
clean resolution on the cryptox issue

Sounds like it will all come down to how many BTC the attacker had time to withdraw, right?


our estimate is less than 25 btc
so to put it in perspective this is a relatively small event compared to historical
I'm tempted to say the team solved the problem brillanty, but I world like to understand details off the hack qnd which kind of vulnerability has been exploded

it was an oversight in a special case of block validity checking. I had all the complicated pax deposit/withdraw totals matched up with pending cross chain swaps but there was a test for a special 2 vout coinbase as we use the second vout for the price feed data.

So it was testing for this special case properly, but the default path of the 2 vout coinbase (which cant be any pax tx) was set to ok, instead of error.

totally my oversight, and the case where you spend all your effort on the difficult part and dont check for the simplest exeptions to the simplest case. I will take a 1 million KMD responsibility for this and contribute that much to a cryptox make good fund. I believe the long delay from our request to stop deposits and when it was finally done was a contributing factor that made it go as big as 3.5 mil, but with 1 million KMD, that means at least one third of all the cryptox KMD can be made real.

this combined with the 25 BTC to make cryptox whole and I think we have most of the solution

I will use personal KMD for the 1 million contribution to the makegood fund.
newbie
Activity: 10
Merit: 0
When will the Komodo coins be tradable again on the exchanges?
it has been trading all along on bittrex.

I am recommending the other exchanges wait until at least after block 236200 before reenabling. A full resync is needed and that will also give us time to make sure we are indeed stable

Thanks. When I buy some on Bittrex now and you do a rollback, do I lost my coins?

And how long will it take to reach that block?
sr. member
Activity: 567
Merit: 270

Only 15k KMD was dumped on cryptopia. So, it does not affect anything.
Price on Bittrex is pretty stable.

Bittrex is full of bots that pump up the prices on the cryptos. Its nothing close to stable.
I think that bots can do nothing when people don't fud them with liquidity to keep up the market. And I've seen many buyers putting buy wall where there was lack of seller
legendary
Activity: 1176
Merit: 1134
When will the Komodo coins be tradable again on the exchanges?
it has been trading all along on bittrex.

I am recommending the other exchanges wait until at least after block 236200 before reenabling. A full resync is needed and that will also give us time to make sure we are indeed stable
newbie
Activity: 10
Merit: 0
When will the Komodo coins be tradable again on the exchanges?
sr. member
Activity: 567
Merit: 270
clean resolution on the cryptox issue

Sounds like it will all come down to how many BTC the attacker had time to withdraw, right?


our estimate is less than 25 btc
so to put it in perspective this is a relatively small event compared to historical
I'm tempted to say the team solved the problem brillanty, but I world like to understand details off the hack qnd which kind of vulnerability has been exploded
Jump to: