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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 530. (Read 1192347 times)

full member
Activity: 125
Merit: 100
Amazed the situation hasn't been tweeted from official twitter account...

sr. member
Activity: 268
Merit: 250
jl777, looks like this is an attacker address on some exchange: RKbHGsZiBawa987QmTSTEPRdFGHpj59YeQ
3.8M KMD on it
last income on block 235638
it was comprometated on transparent transaction 462467d99d59c76328e43bf99b38e31e5dffd6beea854e91f99b72d5f70d07b8 from RK8JtBV78HdvEPvtV5ckeMPSTojZPzHUTe
newbie
Activity: 10
Merit: 0
When will the rollback take place? When will it be possible to buy some KMD again?
sr. member
Activity: 268
Merit: 250
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry
Only 15k KMD was dumped on cryptopia. So, it does not affect anything.
Confidence was shaken. It can be a good chance to protect investors and attract new investments.
That's why the 3rd party code audit must have place, how ZCash devs done.
sr. member
Activity: 756
Merit: 268
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry

If you sell, you deserve it.


Really, that it? what about 1-2 million fake kmd already running in the wild.

 They get rolled back
sr. member
Activity: 756
Merit: 268
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry
Only 15k KMD was dumped on cryptopia. So, it does not affect anything.

Good to hear, that is possible to undo then, hopefully
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry

Is this true? Just 10k dump on the cyrptopia and your investment still safe. But it seems like the KMD chain need to get a lot of the repair. I guess there are a lot of the dump for the komodo coin.
hero member
Activity: 518
Merit: 500
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry
Only 15k KMD was dumped on cryptopia. So, it does not affect anything.

Confidence was shaken. It can be a good chance to protect investors and attract new investments.
sr. member
Activity: 537
Merit: 259
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry

If you sell, you deserve it.


Really, that it? what about 1-2 million fake kmd already running in the wild.
full member
Activity: 144
Merit: 100
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry


Things are grim indeed, but kmd roadmap is still best in crypto, just need to navigate through this situation and restore confidence as soon as possible
sr. member
Activity: 268
Merit: 250
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry
Only 15k KMD was dumped on cryptopia. So, it does not affect anything.
Price on Bittrex is pretty stable.
sr. member
Activity: 537
Merit: 259
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust Angry
sr. member
Activity: 422
Merit: 251
Pasl [Xci-r.i.p.] Eth Zcl Kmd Zen Rep Xmr Sc Neo
Cryptox just removed Komodo trading option for now.

It was trading at 3k there. some trades were made all the way to couple hundred satoshis so attacker sold coins there. Interesting to see what they do.

Will some traders lose their bitcoins that were used to buy counterfeit-Komodos? How much monopoly-Komodos were possibly wwithdrawn and bitcoins??
  
legendary
Activity: 1176
Merit: 1134
I can't get the new wallet synched to the network anymore, log is full of:

2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
we are working to fix this, will let you know when we fix it
newbie
Activity: 10
Merit: 0
Good morning,

I'm a newbee Smiley
What if I buy some KMD at an Exchange and after that the dev will do a rollback. Do I lost my coins then?
sr. member
Activity: 390
Merit: 250
into the clusterfuck
...
any coin with this issue has no choice but to fix the problem - fix or die - its that simple - no extended though process required.

When a coin is in alpha-like phases - issues need to be sorted - (ETH is perhaps a good example - yes?)

I can just agree with that.
The network is still young, it should be cleaned up after such a mess.
legendary
Activity: 2688
Merit: 1240
I can't get the new wallet synched to the network anymore, log is full of:

2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
2017-03-13 10:07:04 ERROR: ProcessNewBlock: CheckBlock FAILED
hero member
Activity: 1177
Merit: 500
Quote
On 6 August 2010, a major vulnerability in the bitcoin protocol was spotted. Transactions weren't properly verified before they were included in the transaction log or blockchain, which let users bypass bitcoin's economic restrictions and create an indefinite number of bitcoins. On 15 August, the vulnerability was exploited; over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol. This was the only major security flaw found and exploited in bitcoin's history.


The highlighted portion is essentially what has happened. For those that dont understand that a coin's emission and supply are the MOST important things for people to trust, I am not sure what to say. A coin that is allowed to be created out of thin air would lose a lot more trust than stopping the chain at an announced block in realtime and then doing what you said you would do
You cant compare that. The Blockchain Technology was new, the commmunty small and there where no alternatives. Today there are way more competitors and you have to pay for every single mistake.

Rollback is the only thing you can do now. But it will be hard for the reputation.. very hard.
sr. member
Activity: 422
Merit: 251
Pasl [Xci-r.i.p.] Eth Zcl Kmd Zen Rep Xmr Sc Neo
Burn the attacker!

No reason to pay a scoundrel like etc-folks did.
full member
Activity: 144
Merit: 100

If the attacker wanted a bounty, he/she should have put a white hat on.  Now the attacker can go eat a dick.



Issue is avoiding a rollback, which is still possible
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