[ANN][QB] Malicious Quarkbar altcoins tracked down and eliminated

frank123m

hero member

Activity: 672

Merit: 500

*** NULL ***

Quote from: Jonesd on May 26, 2014, 04:44:31 PM

We only had access to quarkbar source so could prevent those coins from entering circulation. Is there a representative of the shacoin comnunity?

hello, here is the SHACoin source:

original version(2014.03.29):
https://github.com/SHACoinProject/SHACoin

CryptoGir version(2014.04.24):
https://mega.co.nz/#!wUhCXSDT!TPBn2NF6uUDz2ebGM70eDnnYGqdUl0cQpuCd2cXKP1E

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: Jonesd on May 26, 2014, 04:44:31 PM

Quote from: tom14cat14 on May 26, 2014, 04:35:40 PM

Quote from: Biomech on May 26, 2014, 01:08:34 PM

SHA bagholder here. I applaud your efforts!

What I'm wondering is how you're handling the distribution. Where are the coins now, and where are they going? If they are going to a development fund, or being intentionally destroyed, I would back that. Otherwise, I'm not sure of a way to fairly distribute them.. maybe everyone who traded SHA (or the affected coins in general) on the exchange gets a piece? Even though that would probably get me some coins, I'm not sure it's all that great of an idea.

Frankly, I think the best idea would be to burn them. Make the coins that much more valuable.

They were cut out of the block chain from my understanding. They posted it somewhere they have blocked around 97% of those coins from ever being apart of QB now.

We only had access to quarkbar source so could prevent those coins from entering circulation. Is there a representative of the shacoin comnunity?

Well, I mined a hell of a lot, sold some, bought some, and lived through the whole debacle. I'm on good terms with the final dev, CryptoGir. I got no official standing, don't know that anyone does at this point, but if you tell me what you need, I can get it to the right ears.

EDIT: frank123m seems to be the most active or at least the most visible in trying to fix things.

derrend

hero member

Activity: 707

Merit: 505

Quote from: Biomech on May 26, 2014, 01:08:34 PM

Frankly, I think the best idea would be to burn them. Make the coins that much more valuable.

I agree with the cowboy, destroy them and make the remaining coins rarer. They never should have existed in the first place.

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: tom14cat14 on May 26, 2014, 04:35:40 PM

Quote from: Biomech on May 26, 2014, 01:08:34 PM

SHA bagholder here. I applaud your efforts!

What I'm wondering is how you're handling the distribution. Where are the coins now, and where are they going? If they are going to a development fund, or being intentionally destroyed, I would back that. Otherwise, I'm not sure of a way to fairly distribute them.. maybe everyone who traded SHA (or the affected coins in general) on the exchange gets a piece? Even though that would probably get me some coins, I'm not sure it's all that great of an idea.

Frankly, I think the best idea would be to burn them. Make the coins that much more valuable.

They were cut out of the block chain from my understanding. They posted it somewhere they have blocked around 97% of those coins from ever being apart of QB now.

We only had access to quarkbar source so could prevent those coins from entering circulation. Is there a representative of the shacoin comnunity?

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: Biomech on May 26, 2014, 01:08:34 PM

SHA bagholder here. I applaud your efforts!

What I'm wondering is how you're handling the distribution. Where are the coins now, and where are they going? If they are going to a development fund, or being intentionally destroyed, I would back that. Otherwise, I'm not sure of a way to fairly distribute them.. maybe everyone who traded SHA (or the affected coins in general) on the exchange gets a piece? Even though that would probably get me some coins, I'm not sure it's all that great of an idea.

Frankly, I think the best idea would be to burn them. Make the coins that much more valuable.

They were cut out of the block chain from my understanding. They posted it somewhere they have blocked around 97% of those coins from ever being apart of QB now.

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

SHA bagholder here. I applaud your efforts!

What I'm wondering is how you're handling the distribution. Where are the coins now, and where are they going? If they are going to a development fund, or being intentionally destroyed, I would back that. Otherwise, I'm not sure of a way to fairly distribute them.. maybe everyone who traded SHA (or the affected coins in general) on the exchange gets a piece? Even though that would probably get me some coins, I'm not sure it's all that great of an idea.

Frankly, I think the best idea would be to burn them. Make the coins that much more valuable.

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: djslick on May 26, 2014, 12:19:07 PM

amazing work guys

Thanks:-)

djslick

legendary

Activity: 980

Merit: 1000

amazing work guys

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: Hippie Tech on May 26, 2014, 11:28:13 AM

Just a heads up..

The link to your website seen on your tweeter is showing up like this..

h t t p : / / t.co/ngaIDgL9B3

https://www.virustotal.com/en/url/3be48f0a299163a66696b4f11cc4f6dc41c88a010dd89733386158a147a96eda/analysis/1401121428/

It was shortened by hootsuite, so should be fine. The site is legit.

https://www.virustotal.com/en/url/b823bc382cb9ebaca5c597ad4e081d70448820b4cc2329da753fa3a11f1d803b/analysis/1401123470/

Hippie Tech

legendary

Activity: 1624

Merit: 1001

All cryptos are FIAT digital currency. Do not use.

Just a heads up..

The link to your website seen on your tweeter is showing up like this..

h t t p : / / t.co/ngaIDgL9B3

https://www.virustotal.com/en/url/3be48f0a299163a66696b4f11cc4f6dc41c88a010dd89733386158a147a96eda/analysis/1401121428/

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: hanzuohan on May 26, 2014, 10:37:32 AM

Quote from: derrend on May 23, 2014, 05:16:43 PM

rogue dev must be gutted he woke up 120btc poorer this morning Cheesy

Did we got exchange?

Go to the main quarkbar thread there are a few exchanges. https://bitcointalk.org/index.php?topic=587457.560

hanzuohan

jr. member

Activity: 58

Merit: 10

Quote from: derrend on May 23, 2014, 05:16:43 PM

rogue dev must be gutted he woke up 120btc poorer this morning Cheesy

Did we got exchange?

popolite11

sr. member

Activity: 882

Merit: 250

good work , these coin are now no good.

shursight

hero member

Activity: 728

Merit: 500

Very good for all three communities.

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: Stinky_Pete on May 26, 2014, 08:43:57 AM

Awesome stuff! Thank you from a SHACoin miner.

You're welcome

Stinky_Pete

hero member

Activity: 560

Merit: 500

Awesome stuff! Thank you from a SHACoin miner.

Jonesd

legendary

Activity: 1876

Merit: 1014

Update

Frozen scammer assets handed over to Quarkbar, Beecoin and Shacoin communities

When the Quarkbar developers managed to track down the malicious premine coins, they were also able to track the coins back to a trading account of Allcoin.com. Together with this exchange it was decided to freeze this account. Allcoin noticed the account was also used for selling Shacoin and Beecoin, so there is reason to believe the scam is also related to those coins.

Allcoin decided to hand over the frozen coins to the three communities. Each community will receive about 0.15 BTC that they can use to strengthen themselves.

The Cryptocoin Revival Foundation and Allcoin are very proud of getting the funds away from the scammer and give it backto where it belongs, the community.

The official statement can be found here.

dukektm

hero member

Activity: 690

Merit: 500

Great news!!!! Grin

YarkoL

legendary

Activity: 996

Merit: 1013

If the 15,482,256 Quarkbar were in block 1, I have hard
time understanding how could that block could be included
in the chain, since in the code the block reward is defined as 256 coins.

Consequently blocks that have different rewards
would have been rejected (by wallets and clients
built from the code at Github).

Maybe the hidden premine could be in the
genesis block (block 0) and then one could fork the
source but hardcode the block in the new version as well.

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: sylwt on May 25, 2014, 07:49:35 AM

what???

what what?

Topic: [ANN][QB] Malicious Quarkbar altcoins tracked down and eliminated (Read 6624 times)