[ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 483.

kdrop22

full member

Activity: 238

Merit: 100

Quote from: DaFockBro on February 19, 2014, 04:42:00 PM

I finished this step in the help docs, "setting up bitcoind":

http://counterpartyd-build.readthedocs.org/en/latest/SettingUpBitcoind.html

I have yet to start on the "Building & Running from Source" step:

http://counterpartyd-build.readthedocs.org/en/latest/BuildingFromSource.html

Do I have to re-do the "setting up bitcoind" step now?

No, just go ahead and "Build and run from source".

jimhsu

sr. member

Activity: 364

Merit: 264

Quote from: kdrop22 on February 19, 2014, 04:17:46 PM

Quote from: SyRenity on February 19, 2014, 04:14:43 PM

Quote from: kdrop22 on February 19, 2014, 04:13:41 PM

Those 35K coins, were the XCP deposits in Poloniex central account. The white hat hacker, withdrew these coins from the central address and deposited it back to Poloniex and sold then on the exchange for a low price.
The order depth in Poloniex was around 100 BTC. So, the hacker took these BTC, but left some of them in the exchange.

And what happens from here? The white hat will return both XCP and BTC back to Poloniex?

The white hat return the XCP to Poloniex. The BTC is still under discussion. It depends on the benevolence of the hacker.
Also, the protocol has been patched, re-indexing the database and resetting the XCP from the transactions. The same cannot be done for BTC.

Final word is still from busoni, but most likely what will happen is that all trades after the 35000 deposit will be cancelled and reversed. I'm guessing XCP/BTC withdrawals will be handled separately.

Busoni: "The dump will stand".

DaFockBro

newbie

Activity: 126

Merit: 0

I finished this step in the help docs, "setting up bitcoind":

http://counterpartyd-build.readthedocs.org/en/latest/SettingUpBitcoind.html

I have yet to start on the "Building & Running from Source" step:

http://counterpartyd-build.readthedocs.org/en/latest/BuildingFromSource.html

Do I have to re-do the "setting up bitcoind" step now?

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: Patel on February 19, 2014, 04:33:54 PM

Any plans on implementing a faster way to rebuild the database?

The bottleneck is Bitcoind, so there probably isn't much to be done until we move away from using that.

porqupine

full member

Activity: 214

Merit: 101

Integrating CounterpartyD with a wallet other than QT - is this possible? How hard would it be to code?

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: trilli0n on February 19, 2014, 04:22:34 PM

Quote from: PhantomPhreak on February 19, 2014, 04:13:51 PM

The rules just changed, and troll orders shouldn't be a problem any more.

How? Is there a changelog?

It's documented in this thread. See also the commit history.

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: Spekulatius on February 19, 2014, 04:31:19 PM

Quote from: kdrop22 on February 19, 2014, 04:17:46 PM

Quote from: SyRenity on February 19, 2014, 04:14:43 PM

Quote from: kdrop22 on February 19, 2014, 04:13:41 PM

Those 35K coins, were the XCP deposits in Poloniex central account. The white hat hacker, withdrew these coins from the central address and deposited it back to Poloniex and sold then on the exchange for a low price.
The order depth in Poloniex was around 100 BTC. So, the hacker took these BTC, but left some of them in the exchange.

And what happens from here? The white hat will return both XCP and BTC back to Poloniex?

The white hat return the XCP to Poloniex. The BTC is still under discussion. It depends on the benevolence of the hacker.
Also, the protocol has been patched, re-indexing the database and resetting the XCP from the transactions. The same cannot be done for BTC.

In order for this to be successful the mayority of clients has to update the patch correct?

No. All clients have to update, and if one doesn't then it'll see a false transaction history.

Patel

legendary

Activity: 1320

Merit: 1007

Any plans on implementing a faster way to rebuild the database?

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: Spekulatius on February 19, 2014, 04:11:11 PM

Quote from: PhantomPhreak on February 19, 2014, 03:44:03 PM

Quote from: Spekulatius on February 19, 2014, 02:48:09 PM

Quote from: PhantomPhreak on February 19, 2014, 02:17:42 PM

Quote from: ddink7 on February 19, 2014, 02:11:01 PM

Quote from: PhantomPhreak on February 19, 2014, 01:01:58 PM

Attention: Please see this post.

Just wanted to bump this post again for any newcomers.

UPGRADE YOUR CLIENT BEFORE SENDING XCP ANYWHERE!

It's worth repeating that counterpartyd, since v5.0, will force you to upgrade. (Of course this check can be disabled.)

I just wanted to ask whether you HAVE to upgrade as this would be very concerning in case a malicious upgrade ever gets pushed.

All upgrades are manual, if that's what you mean.

I mean: Do I HAVE to upgrade in order to keep using the client?

Lets just assume some malicious actor manages to push a fake update unto the clients, or you guys make a mistake that opens the latest version of the client up to some vulnerability, then every client would have to update to stay functional and thus put everybodies XCP in limbo.

I hope thats not how this works.

You don't always have to use the latest version, but there will be, from time to time, backwards-incompatible client and protocol changes, and all clients need to be notified of them upon release. That's how Bitcoind works, and that's how such software has to work.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: kdrop22 on February 19, 2014, 04:17:46 PM

Quote from: SyRenity on February 19, 2014, 04:14:43 PM

Quote from: kdrop22 on February 19, 2014, 04:13:41 PM

Those 35K coins, were the XCP deposits in Poloniex central account. The white hat hacker, withdrew these coins from the central address and deposited it back to Poloniex and sold then on the exchange for a low price.
The order depth in Poloniex was around 100 BTC. So, the hacker took these BTC, but left some of them in the exchange.

And what happens from here? The white hat will return both XCP and BTC back to Poloniex?

The white hat return the XCP to Poloniex. The BTC is still under discussion. It depends on the benevolence of the hacker.
Also, the protocol has been patched, re-indexing the database and resetting the XCP from the transactions. The same cannot be done for BTC.

In order for this to be successful the mayority of clients has to update the patch correct?

trilli0n

newbie

Activity: 48

Merit: 0

Quote from: PhantomPhreak on February 19, 2014, 04:13:51 PM

The rules just changed, and troll orders shouldn't be a problem any more.

How? Is there a changelog?

kdrop22

full member

Activity: 238

Merit: 100

Quote from: SyRenity on February 19, 2014, 04:14:43 PM

Quote from: kdrop22 on February 19, 2014, 04:13:41 PM

Those 35K coins, were the XCP deposits in Poloniex central account. The white hat hacker, withdrew these coins from the central address and deposited it back to Poloniex and sold then on the exchange for a low price.
The order depth in Poloniex was around 100 BTC. So, the hacker took these BTC, but left some of them in the exchange.

And what happens from here? The white hat will return both XCP and BTC back to Poloniex?

The white hat return the XCP to Poloniex. The BTC is still under discussion. It depends on the benevolence of the hacker.
Also, the protocol has been patched, re-indexing the database and resetting the XCP from the transactions. The same cannot be done for BTC.

SyRenity

hero member

Activity: 756

Merit: 502

Quote from: kdrop22 on February 19, 2014, 04:13:41 PM

Those 35K coins, were the XCP deposits in Poloniex central account. The white hat hacker, withdrew these coins from the central address and deposited it back to Poloniex and sold then on the exchange for a low price.
The order depth in Poloniex was around 100 BTC. So, the hacker took these BTC, but left some of them in the exchange.

And what happens from here? The white hat will return both XCP and BTC back to Poloniex?

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: ?? on ??

This is as good a time as any to make a plug for the DEX.

Let's fix the issue with trolling orders so we don't have to worry about centralized points of failure ever again.

The rules just changed, and troll orders shouldn't be a problem any more. In any case, we need a chance to see how the current protocol works before making any changes to it.

kdrop22

full member

Activity: 238

Merit: 100

Quote from: flayway on February 19, 2014, 04:02:02 PM

Quote from: halfcab123 on February 19, 2014, 03:20:34 PM

What up with the massive dump ?

But still i dont understand where that 35k coins come first to Polo..?

Those 35K coins, were the XCP deposits in Poloniex central account. The white hat hacker, withdrew these coins from the central address and deposited it back to Poloniex and sold then on the exchange for a low price.
The order depth in Poloniex was around 100 BTC. So, the hacker took these BTC, but left some of them in the exchange.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: PhantomPhreak on February 19, 2014, 03:44:03 PM

Quote from: Spekulatius on February 19, 2014, 02:48:09 PM

Quote from: PhantomPhreak on February 19, 2014, 02:17:42 PM

Quote from: ddink7 on February 19, 2014, 02:11:01 PM

Quote from: PhantomPhreak on February 19, 2014, 01:01:58 PM

Attention: Please see this post.

Just wanted to bump this post again for any newcomers.

UPGRADE YOUR CLIENT BEFORE SENDING XCP ANYWHERE!

It's worth repeating that counterpartyd, since v5.0, will force you to upgrade. (Of course this check can be disabled.)

I just wanted to ask whether you HAVE to upgrade as this would be very concerning in case a malicious upgrade ever gets pushed.

All upgrades are manual, if that's what you mean.

I mean: Do I HAVE to upgrade in order to keep using the client?

Lets just assume some malicious actor manages to push a fake update unto the clients, or you guys make a mistake that opens the latest version of the client up to some vulnerability, then every client would have to update to stay functional and thus put everybodies XCP in limbo.

I hope thats not how this works.

flayway

full member

Activity: 219

Merit: 102

Quote from: halfcab123 on February 19, 2014, 03:20:34 PM

What up with the massive dump ?

There was some bug, but dev team solve and update software really fast. That was really good luck hacker use white hat and dont want bad for coin and are giving btc's and xcp's back if i understand right. This also make community much stronger and when this project success maybe that giving also price for coin when everyone have feel already to lose all or part of coins