[ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 535.

tclo

hero member

Activity: 518

Merit: 500

Quote from: boomboom on March 12, 2017, 11:39:39 PM

Quote from: DynamicPimp on March 12, 2017, 11:12:54 PM

If we don't roll back we are only devaluing the whole ecosystem...How many coins do we think he/she got?

If an equivalent amount is burnt from the dev premine it's basically paying the attacker a bug bounty from dev funds, all other investors are no worse off.

Rollback is thermonuclear option, it can KILL komodo and SuperNET today!

Paying a bounty to a guy who found dangerous bug is well worth it IMO

KMD was headed down the Coinmarketcap list already. This will probably bump it out of the Top 50, but maybe it was inevitable.

Although some of that selling was probably the hacker, dumping coins.

boomboom

hero member

Activity: 1068

Merit: 523

Quote from: DynamicPimp on March 12, 2017, 11:12:54 PM

If we don't roll back we are only devaluing the whole ecosystem...How many coins do we think he/she got?

If an equivalent amount is burnt from the dev premine it's basically paying the attacker a bug bounty from dev funds, all other investors are no worse off.

Rollback is thermonuclear option, it can KILL komodo and SuperNET today!

Paying a bounty to a guy who found dangerous bug is well worth it IMO

NotMyFarm

full member

Activity: 236

Merit: 100

is that the same bug as Zcoin had ?

u are freaking kidding me Angry

anything Z related seems to turn into crap

gulachov

member

Activity: 111

Merit: 10

Quote from: DynamicPimp on March 12, 2017, 11:12:54 PM

If we don't roll back we are only devaluing the whole ecosystem...How many coins do we think he/she got?

I did not count, but about 5-6 millions.

I have a suggestion for the devs. For the first year KMD is out, we can predict maximum amount of KMD in the system (discounting not claimed or not converted BTCD). We can also get total supply out of the block explorer. How hard would it be to compare the difference each block and hook it up to a Big Red Alarm?

cebb

hero member

Activity: 545

Merit: 500

Quote from: bv68bot on March 12, 2017, 10:54:04 PM

Quote from: jl777 on March 12, 2017, 09:40:37 PM

An attacker has taken advantage of an exploit and is generating coins. We made a new version that would stop this at 236000 but the attacker ramped things up to levels that will force us to rollback the chain to 235300.

Please do not do any transactions until we get a new version out that solves this.

more details after this attack is over

Attacker found a bug, let him keep the coins as a reward. Rollback is last resort, unless he got 5% of coin supply or more, rollback is far worse outcome.

Remember BTER hack ... no rollback from NXT devs was right decision then, and is right descision for komodo now.

Hacker did a service finding bug ... let him keep the coins, please!

Edit: Komodo classic would be a disaster!

There wont be Komodo classic. Komodo is a work in developmnent. No one has got the resources enough to keep the original komodo chain (komodo classic) working. Even if someone tries to launch komodo classic it will be DOA because the hacker will generate unlimited amount of coins on that older chain.

Rollback is a must and there will be only one komodo.

DynamicPimp

newbie

Activity: 45

Merit: 0

If we don't roll back we are only devaluing the whole ecosystem...How many coins do we think he/she got?

BTC-BTC-BTC

legendary

Activity: 1582

Merit: 1001

www.neutroncoin.com

Rollback is a must.

ivan1975

legendary

Activity: 2968

Merit: 1169

Quote from: gulachov on March 12, 2017, 10:32:50 PM

Shit, just found 234899
Looks like it's being going on for awhile now.

https://kpx.io/blocks/000000948c2b637a756b30d7ac4933cf225f5fd7253b6da3d02c1aeeee2bbdab

Edit: I can also see some other strange miner rewards like
35 https://kpx.io/blocks/0d224faa66493534de582f4f4587196ab99195c327ee97bfdc4456ceb818bbe9
55 https://kpx.io/blocks/00004b1ad20f3aba90cec87553aecbc2e1b0797f599b7a59e72338d408dbe1f6
79 https://kpx.io/blocks/098f7967f9fd497bdb4ad4da33b389099312787ec434678c02852eeb161a8a36

Maybe this has been going on for a long time?

gulachov

member

Activity: 111

Merit: 10

The first block with 100k looks to be 233559
https://kpx.io/blocks/00000001f828f9e031cbe45768f454f93ed6b629ef3809de16f9674be3ab6efa

Checked till 228000 looks clean, if anyone want to continue - be my guest.

There are millions of KMD generated, negotiation is not in question here. Blockchain should be rolled back.

bv68bot

full member

Activity: 144

Merit: 100

Quote from: jl777 on March 12, 2017, 09:40:37 PM

An attacker has taken advantage of an exploit and is generating coins. We made a new version that would stop this at 236000 but the attacker ramped things up to levels that will force us to rollback the chain to 235300.

Please do not do any transactions until we get a new version out that solves this.

more details after this attack is over

Attacker found a bug, let him keep the coins as a reward. Rollback is last resort, unless he got 5% of coin supply or more, rollback is far worse outcome.

Remember BTER hack ... no rollback from NXT devs was right decision then, and is right descision for komodo now.

Hacker did a service finding bug ... let him keep the coins, please!

Edit: Komodo classic would be a disaster!

Dicerwell

newbie

Activity: 7

Merit: 0

Quote from: jwiz168 on March 12, 2017, 10:04:35 PM

Exploits have been taken advantage but dev it aware of it . Anytime soon it will be addressed with a solution. Price may affect negatively and holders are advised not to engage any transactions before the fixed has been implemented. Meanwhile, got to get ready for dumps at the exchanges.

Thanks for your advise

progmax

full member

Activity: 174

Merit: 100

Will there be masternode?

gulachov

member

Activity: 111

Merit: 10

Shit, just found 234899
Looks like it's being going on for awhile now.

https://kpx.io/blocks/000000948c2b637a756b30d7ac4933cf225f5fd7253b6da3d02c1aeeee2bbdab

Edit: I can also see some other strange miner rewards like
35 https://kpx.io/blocks/0d224faa66493534de582f4f4587196ab99195c327ee97bfdc4456ceb818bbe9
55 https://kpx.io/blocks/00004b1ad20f3aba90cec87553aecbc2e1b0797f599b7a59e72338d408dbe1f6
79 https://kpx.io/blocks/098f7967f9fd497bdb4ad4da33b389099312787ec434678c02852eeb161a8a36

MoveCrypto

sr. member

Activity: 364

Merit: 250

move that crypto

Quote from: gulachov on March 12, 2017, 10:24:15 PM

Quote from: ivan1975 on March 12, 2017, 10:22:06 PM

So that guy with 2.5 million:

is hacker that inject new coins?

I think he started generating them at block 235252
https://kpx.io/blocks/000000715aec8ae14905db00b5fb0eb7453ff9c987c9ac8e75de84345fb5d4ae
Looks like a first fake transaction with generation of 100003KMD

James, make it 235000

Good news is every bug that's fixed makes the coin stronger.

cebb

hero member

Activity: 545

Merit: 500

No wonder the price of KMD was in decline.

Rollback and get rid of the scammers coins.

gulachov

member

Activity: 111

Merit: 10

Quote from: ivan1975 on March 12, 2017, 10:22:06 PM

So that guy with 2.5 million:

is hacker that inject new coins?

I think he started generating them at block 235252
https://kpx.io/blocks/000000715aec8ae14905db00b5fb0eb7453ff9c987c9ac8e75de84345fb5d4ae
Looks like a first fake transaction with generation of 100003KMD

James, make it 235000

ivan1975

legendary

Activity: 2968

Merit: 1169

So that guy with 2.5 million:

is hacker that inject new coins?

gulachov

member

Activity: 111

Merit: 10

Is that the 100k guy? Quick reaction from Bittrex.

ADD: Can anyone explain to me what is he doing right now? I see he is sending fake coins out hidden, but what's the point? If chain is getting rolled back, it's just a waist of time. Isn't it?

jwiz168

hero member

Activity: 910

Merit: 1000

Exploits have been taken advantage but dev it aware of it . Anytime soon it will be addressed with a solution. Price may affect negatively and holders are advised not to engage any transactions before the fixed has been implemented. Meanwhile, got to get ready for dumps at the exchanges.

gulachov

member

Activity: 111

Merit: 10

Quote from: jl777 on March 12, 2017, 09:40:37 PM

An attacker has taken advantage of an exploit and is generating coins. We made a new version that would stop this at 236000 but the attacker ramped things up to levels that will force us to rollback the chain to 235300.

Please do not do any transactions until we get a new version out that solves this.

more details after this attack is over

Ouch, prepare your BTC guys, shit-storm is coming.

Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 535. (Read 1192398 times)