I think Ethereum will be finished after this attack - page 3.

roselee

legendary

Activity: 1078

Merit: 1000

Quote from: lanslans on August 13, 2016, 09:15:33 PM

Quote from: Zaducis on August 12, 2016, 01:02:11 PM

Quote from: greenuser on August 12, 2016, 12:16:45 PM

TODAY the Merkle ran with...
White Hat Hackers Caught Red-handed During Attempted ETC Sell-off

"After the funds were recovered by the white hat hackers, some transactions were sent to exchange wallets This caused a lot of speculation among Ethereum Classic enthusiasts, as there was no official explanation for doing so. Moreover, the ETC price saw a significant decline, which seemed to indicate the funds was being sold-off by these “trustworthy” individuals."

http://themerkle.com/white-hat-hackers-caught-red-handed-during-attempted-etc-sell-off/

If they sell the ETC and send the funds to the Ethereum Classic, then it is good. Any way, they should be able to do whatever they want.

so the real ethereum is etc? i think etc unstable for now Huh

just have a look here some links

Wallets here:
Ethereum Classic Mist Wallet - 0.8.1 (1.4.10 go-ethereum) by whatisgravity
https://github.com/ethereumproject/mist/releases/tag/5cbe0c0
Get new "etc only" geth node here https://github.com/ethereumproject/go-ethereum/releases/tag/6aaf5f3

New
Light Client-Side Wallet by elaine
So no need to download the blockchain https://elaineo.github.io/etherwallet/#generate-wallet
Send with Replay Protection on the light wallet https://elaineo.github.io/etherwallet/#replay-protection

Mining pools that are know good payers https://etc.suprnova.cc/ or http://epool.io/#/ or https://etc.nanopool.org/
other pools are available, (please help others and tell us the good from the bad)

Solo Mining How-to for Windows on bottom of page 191 of this thread
https://bitcointalk.org/index.php?topic=1559630.3800

Network Hashrate is 654.9 GH/s http://fork.ethstats.net/
Mining Profit Calculator https://www.whattomine.com/

Additional Tools
Official Block Explorer http://blocks.elaineou.com/home

New
Ethereum Classic website https://ethereumclassic.github.io/
Now with links to the New ETHEREUM CLASSIC FORUM, just follow “SOCIAL LINK” on the Ethereum Classic Website

Come aboard, All miners are Welcome!
Please watch this video & try to begin to understand how you can help scale this project.
https://www.youtube.com/watch?feature=youtu.be&v=8oeiOeDq_Nc

Follow the progress of the 12 Person Dev team & The Bomb Disposal Squad here: https://trello.com/etcdev
We have 100+ volunteer coders https://github.com/ethereumproject/volunteer/tree/master/Key
700 on slack https://ethereumclassic.slack.com/messages/development/
And World support from many miners like Chandler Guo https://www.youtube.com/watch?v=Vgz7k5iTGkI

varusisog

member

Activity: 123

Merit: 10

Quote from: Mastercon on August 18, 2016, 03:55:52 AM

Quote from: socks435 on August 17, 2016, 11:51:54 AM

I think its already been done and finished attack by hackers.. because the price of ethereum still stay at $11 usd and i think there is possibility that the price will increase again more.. we know coinbase has eth right now.

The price of Ethereum will not rise before we know the fate of the ETC after the DAO hacker got access to the ETC.

That is right. It will take some time for us to know if the DAO hacker will or has dump the coins. It is better to wait.

Mastercon

full member

Activity: 222

Merit: 100

Quote from: socks435 on August 17, 2016, 11:51:54 AM

I think its already been done and finished attack by hackers.. because the price of ethereum still stay at $11 usd and i think there is possibility that the price will increase again more.. we know coinbase has eth right now.

The price of Ethereum will not rise before we know the fate of the ETC after the DAO hacker got access to the ETC.

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

I think its already been done and finished attack by hackers.. because the price of ethereum still stay at $11 usd and i think there is possibility that the price will increase again more.. we know coinbase has eth right now.

dumada

full member

Activity: 154

Merit: 100

Quote from: dmarine on August 17, 2016, 02:39:11 AM

I think you're overreacting, but I agree that the hardfork was unnecessary.

We shall know that if the hard fork is necessary in the next few weeks when the DAO hacker has access to the stolen ETC.

SmirkinPepe

member

Activity: 84

Merit: 10

http://www.bitcoinerrorlog.com/2016/08/16/vitaliks-quantum-quest/

dmarine

member

Activity: 70

Merit: 10

I think you're overreacting, but I agree that the hardfork was unnecessary.

Juhagic

sr. member

Activity: 357

Merit: 250

Quote from: bbc.reporter on August 16, 2016, 09:28:07 PM

Quote from: Juhagic on August 15, 2016, 10:16:58 AM

Quote from: Kaller on August 14, 2016, 02:22:38 AM

he White Hats and DAO Wars: Behind the Scenes

The actions of the White Hat Group (WHG) have been shrouded in mystery and it is time for this once-necessary precaution to come to an end. Transparency matters to all of us. Previously, it was deemed unwise for the WHG to elaborate on the details of the situation while the salvage operation was unfolding, to prevent new and old attackers from knowing their movements to better understand how to attack DAOs. Now that the community is questioning their actions and intentions, we, at Bity, feel it is necessary to share the details of what the WHG has been dealing and living with over the last few weeks.

https://blog.bity.com/2016/08/13/the-white-hats-and-dao-wars-behind-the-scenes/

So the white hat will return the ETC to the original holders. If the black hat also returns the stolen funds, it is better.

I doubt it will be that simple. The white hat hacking group which is comprised of slock.it developers and ethereum foundation developers has already hired lawyers to "help" them figure out a way to properly return the ETC. These same lawyers they hired are not a neutral party but it is actually their legal partner when they created the DAO.

Read the whole story.

https://medium.com/@jackfru1t/the-robin-hood-group-and-etc-bdc6a0c111c3#.jgy1h5vfg

If the return of the ETC is delayed, that could be a good news. That might mean there will be few ETC to be dumped.

bbc.reporter

legendary

Activity: 3010

Merit: 1460

Quote from: Juhagic on August 15, 2016, 10:16:58 AM

Quote from: Kaller on August 14, 2016, 02:22:38 AM

he White Hats and DAO Wars: Behind the Scenes

The actions of the White Hat Group (WHG) have been shrouded in mystery and it is time for this once-necessary precaution to come to an end. Transparency matters to all of us. Previously, it was deemed unwise for the WHG to elaborate on the details of the situation while the salvage operation was unfolding, to prevent new and old attackers from knowing their movements to better understand how to attack DAOs. Now that the community is questioning their actions and intentions, we, at Bity, feel it is necessary to share the details of what the WHG has been dealing and living with over the last few weeks.

https://blog.bity.com/2016/08/13/the-white-hats-and-dao-wars-behind-the-scenes/

So the white hat will return the ETC to the original holders. If the black hat also returns the stolen funds, it is better.

I doubt it will be that simple. The white hat hacking group which is comprised of slock.it developers and ethereum foundation developers has already hired lawyers to "help" them figure out a way to properly return the ETC. These same lawyers they hired are not a neutral party but it is actually their legal partner when they created the DAO.

Read the whole story.

https://medium.com/@jackfru1t/the-robin-hood-group-and-etc-bdc6a0c111c3#.jgy1h5vfg

Kaller

hero member

Activity: 752

Merit: 501

Quote from: Juhagic on August 15, 2016, 10:16:58 AM

Quote from: Kaller on August 14, 2016, 02:22:38 AM

he White Hats and DAO Wars: Behind the Scenes

The actions of the White Hat Group (WHG) have been shrouded in mystery and it is time for this once-necessary precaution to come to an end. Transparency matters to all of us. Previously, it was deemed unwise for the WHG to elaborate on the details of the situation while the salvage operation was unfolding, to prevent new and old attackers from knowing their movements to better understand how to attack DAOs. Now that the community is questioning their actions and intentions, we, at Bity, feel it is necessary to share the details of what the WHG has been dealing and living with over the last few weeks.

https://blog.bity.com/2016/08/13/the-white-hats-and-dao-wars-behind-the-scenes/

So the white hat will return the ETC to the original holders. If the black hat also returns the stolen funds, it is better.

If the DAO hacker also return the funds and compensate to the loss of the Ethereum holders due to his action, the price will rise.

Juhagic

sr. member

Activity: 357

Merit: 250

Quote from: Kaller on August 14, 2016, 02:22:38 AM

he White Hats and DAO Wars: Behind the Scenes

The actions of the White Hat Group (WHG) have been shrouded in mystery and it is time for this once-necessary precaution to come to an end. Transparency matters to all of us. Previously, it was deemed unwise for the WHG to elaborate on the details of the situation while the salvage operation was unfolding, to prevent new and old attackers from knowing their movements to better understand how to attack DAOs. Now that the community is questioning their actions and intentions, we, at Bity, feel it is necessary to share the details of what the WHG has been dealing and living with over the last few weeks.

https://blog.bity.com/2016/08/13/the-white-hats-and-dao-wars-behind-the-scenes/

So the white hat will return the ETC to the original holders. If the black hat also returns the stolen funds, it is better.

Kaller

hero member

Activity: 752

Merit: 501

he White Hats and DAO Wars: Behind the Scenes

The actions of the White Hat Group (WHG) have been shrouded in mystery and it is time for this once-necessary precaution to come to an end. Transparency matters to all of us. Previously, it was deemed unwise for the WHG to elaborate on the details of the situation while the salvage operation was unfolding, to prevent new and old attackers from knowing their movements to better understand how to attack DAOs. Now that the community is questioning their actions and intentions, we, at Bity, feel it is necessary to share the details of what the WHG has been dealing and living with over the last few weeks.

https://blog.bity.com/2016/08/13/the-white-hats-and-dao-wars-behind-the-scenes/

bbc.reporter

legendary

Activity: 3010

Merit: 1460

Do not buy ETC. It is not for you. Better for you to buy ETH if you think that is more stable.

lanslans

full member

Activity: 168

Merit: 100

Quote from: Zaducis on August 12, 2016, 01:02:11 PM

Quote from: greenuser on August 12, 2016, 12:16:45 PM

TODAY the Merkle ran with...
White Hat Hackers Caught Red-handed During Attempted ETC Sell-off

"After the funds were recovered by the white hat hackers, some transactions were sent to exchange wallets This caused a lot of speculation among Ethereum Classic enthusiasts, as there was no official explanation for doing so. Moreover, the ETC price saw a significant decline, which seemed to indicate the funds was being sold-off by these “trustworthy” individuals."

http://themerkle.com/white-hat-hackers-caught-red-handed-during-attempted-etc-sell-off/

If they sell the ETC and send the funds to the Ethereum Classic, then it is good. Any way, they should be able to do whatever they want.

so the real ethereum is etc? i think etc unstable for now Huh

Juhagic

sr. member

Activity: 357

Merit: 250

Quote from: Kaller on August 13, 2016, 08:48:13 AM

Quote from: bbc.reporter on August 13, 2016, 06:17:41 AM

You heard wrong. They attempted to dump all the ETC to buy ETH and use that to fund development on the forked chain. The exchanges Poloniex and Kraken now have frozen some of those funds.

The white hat hacking group actually has connections with the Ethereum foundation. Now they have Swiss lawyers involved in the return of the funds. That is bad news for the DAO holders because they might lawyer their way from giving the funds back to the actual owners.

Why did they not return the funds right away?

I think they want to influence the price of the ETH and ETC. But that is just my speculation, not necessary true.

According to the statements from the white hats, they will find a way to return the funds. There is no mention of the black hat yet.

Kaller

hero member

Activity: 752

Merit: 501

Quote from: bbc.reporter on August 13, 2016, 06:17:41 AM

You heard wrong. They attempted to dump all the ETC to buy ETH and use that to fund development on the forked chain. The exchanges Poloniex and Kraken now have frozen some of those funds.

The white hat hacking group actually has connections with the Ethereum foundation. Now they have Swiss lawyers involved in the return of the funds. That is bad news for the DAO holders because they might lawyer their way from giving the funds back to the actual owners.

Why did they not return the funds right away?

I think they want to influence the price of the ETH and ETC. But that is just my speculation, not necessary true.

bbc.reporter

legendary

Activity: 3010

Merit: 1460

You heard wrong. They attempted to dump all the ETC to buy ETH and use that to fund development on the forked chain. The exchanges Poloniex and Kraken now have frozen some of those funds.

The white hat hacking group actually has connections with the Ethereum foundation. Now they have Swiss lawyers involved in the return of the funds. That is bad news for the DAO holders because they might lawyer their way from giving the funds back to the actual owners.

Why did they not return the funds right away?

varusisog

member

Activity: 123

Merit: 10

Quote from: GreenBits on August 12, 2016, 04:57:03 PM

Quote from: Zaducis on August 12, 2016, 01:02:11 PM

Quote from: greenuser on August 12, 2016, 12:16:45 PM

TODAY the Merkle ran with...
White Hat Hackers Caught Red-handed During Attempted ETC Sell-off

"After the funds were recovered by the white hat hackers, some transactions were sent to exchange wallets This caused a lot of speculation among Ethereum Classic enthusiasts, as there was no official explanation for doing so. Moreover, the ETC price saw a significant decline, which seemed to indicate the funds was being sold-off by these “trustworthy” individuals."

http://themerkle.com/white-hat-hackers-caught-red-handed-during-attempted-etc-sell-off/

If they sell the ETC and send the funds to the Ethereum Classic, then it is good. Any way, they should be able to do whatever they want.

I disagree

Those coins are correlated with the ones on the ETH blockchain, and belong proportionately to the entire DAO (all participants). To not ask for community consensus before attempting to sell the coins feels a bit disgenuine; they made a big deal about community 'consensus' for the hardfork. Essentially, these coins don't belong to them completely, and they should have made their actions public as this is a pretty serious conflict of interest. Also, they have managed to make these coins non liquidable for the time being, they can't be returned by the exchanges. They have already made their motivations clear with their actions; the exchanges would be crazy to give them back the ammo they need to crash the price. So the exchanges will drag ass getting the coins back to them, whike the price goes up because there are that many fewer coins in play.

I heard that the white hat hacker will return the DAO ETC to the original owners. We do not know the intention of the black hat yet.

GreenBits

legendary

Activity: 1148

Merit: 1048

Quote from: Zaducis on August 12, 2016, 01:02:11 PM

Quote from: greenuser on August 12, 2016, 12:16:45 PM

TODAY the Merkle ran with...
White Hat Hackers Caught Red-handed During Attempted ETC Sell-off

"After the funds were recovered by the white hat hackers, some transactions were sent to exchange wallets This caused a lot of speculation among Ethereum Classic enthusiasts, as there was no official explanation for doing so. Moreover, the ETC price saw a significant decline, which seemed to indicate the funds was being sold-off by these “trustworthy” individuals."

http://themerkle.com/white-hat-hackers-caught-red-handed-during-attempted-etc-sell-off/

If they sell the ETC and send the funds to the Ethereum Classic, then it is good. Any way, they should be able to do whatever they want.

I disagree

Those coins are correlated with the ones on the ETH blockchain, and belong proportionately to the entire DAO (all participants). To not ask for community consensus before attempting to sell the coins feels a bit disgenuine; they made a big deal about community 'consensus' for the hardfork. Essentially, these coins don't belong to them completely, and they should have made their actions public as this is a pretty serious conflict of interest. Also, they have managed to make these coins non liquidable for the time being, they can't be returned by the exchanges. They have already made their motivations clear with their actions; the exchanges would be crazy to give them back the ammo they need to crash the price. So the exchanges will drag ass getting the coins back to them, whike the price goes up because there are that many fewer coins in play.

Zaducis

sr. member

Activity: 441

Merit: 250

Quote from: greenuser on August 12, 2016, 12:16:45 PM

TODAY the Merkle ran with...
White Hat Hackers Caught Red-handed During Attempted ETC Sell-off

"After the funds were recovered by the white hat hackers, some transactions were sent to exchange wallets This caused a lot of speculation among Ethereum Classic enthusiasts, as there was no official explanation for doing so. Moreover, the ETC price saw a significant decline, which seemed to indicate the funds was being sold-off by these “trustworthy” individuals."

http://themerkle.com/white-hat-hackers-caught-red-handed-during-attempted-etc-sell-off/

If they sell the ETC and send the funds to the Ethereum Classic, then it is good. Any way, they should be able to do whatever they want.

Topic: I think Ethereum will be finished after this attack - page 3. (Read 15602 times)