Amazed the situation hasn't been tweeted from official twitter account...
Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 530. (Read 1192000 times)
March 13, 2017, 07:25:10 AM
March 13, 2017, 07:19:56 AM
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
3.8M KMD on it
last income on block 235638
it was comprometated on transparent transaction 462467d99d59c76328e43bf99b38e31e5dffd6beea854e91f99b72d5f70d07b8 from RK8JtBV78HdvEPvtV5ckeMPSTojZPzHUTe
March 13, 2017, 06:52:50 AM
When will the rollback take place? When will it be possible to buy some KMD again?
March 13, 2017, 06:51:01 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust 
Only 15k KMD was dumped on cryptopia. So, it does not affect anything. March 13, 2017, 06:48:18 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
If you sell, you deserve it.
They get rolled back
March 13, 2017, 06:46:37 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
Only 15k KMD was dumped on cryptopia. So, it does not affect anything. Good to hear, that is possible to undo then, hopefully
March 13, 2017, 06:46:16 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
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. 
March 13, 2017, 06:45:39 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
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.
March 13, 2017, 06:44:14 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
If you sell, you deserve it.
March 13, 2017, 06:43:40 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
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
March 13, 2017, 06:41:31 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
Only 15k KMD was dumped on cryptopia. So, it does not affect anything. Price on Bittrex is pretty stable.
March 13, 2017, 06:34:40 AM
The hacker dumped the price to 152 sat on cryptopia, so well good job jl777 ,now my investment worth a dust
March 13, 2017, 06:24:29 AM
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??
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??
March 13, 2017, 06:20:26 AM
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 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
March 13, 2017, 06:14:36 AM
Good morning,
I'm a newbee
What if I buy some KMD at an Exchange and after that the dev will do a rollback. Do I lost my coins then?
I'm a newbee
What if I buy some KMD at an Exchange and after that the dev will do a rollback. Do I lost my coins then?
March 13, 2017, 06:12:15 AM
...
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?)
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.
March 13, 2017, 06:08:01 AM
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
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
March 13, 2017, 06:01:03 AM
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. 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
Rollback is the only thing you can do now. But it will be hard for the reputation.. very hard.
March 13, 2017, 05:46:28 AM
Burn the attacker!
No reason to pay a scoundrel like etc-folks did.
No reason to pay a scoundrel like etc-folks did.
March 13, 2017, 05:29:36 AM
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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