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Topic: NA - page 37. (Read 893613 times)

sr. member
Activity: 275
Merit: 250
November 17, 2015, 01:15:26 PM
Since the dev team knows how to do 51% attacks will you retaliate against other coins if we get attacked again ?
I don't do that sort of thing, if I did I would already be retired on an island somewhere plenty of coins out there with easy to target giant vulnerabilities in them.
We are here to build things not tear them down.
sr. member
Activity: 275
Merit: 250
November 17, 2015, 01:13:47 PM
Quote
Wouldn't there be time for an attack between checkpoints?
No.

Quote
Are you planning to just rollback transactions to the previous checkpoint if there's another attack?
No, checkpoints are to protect vendors and users from attacks not rollback the chain.

Quote
It seems very unlikely that the attacker(s) would bother with NLG again, since afaik the only exchange is Bittrex,
It seems incredibly likely that unless we put a fix in place they will do it again and again.

Quote
and you can bet they're going to keep a close eye on it,
You cannot stop a double spend just by keeping a close eye on it.

Quote
but it seems a bit disingenuous to say that you have solved double spending.
We have been more than clear that this is just an interim solution. In the medium and long term we plan to put better systems in place.

Quote
The only way to prevent 51% attacks and double spending is to make the coin more centralized, which seems to be what is being done, that you kind of acknowledge with statements like "We will be releasing our interim solution...", where 'interim' implies it is a quick fix that will be removed later. I mean, if you truly solved double spending without centralizing the coin, you'd get the Nobel prize for crypto or something, right?
Oh right you are just here to troll without anything positive to contribute to the world, I won't waste any more valuable time explaining things to you then.
legendary
Activity: 924
Merit: 1000
November 17, 2015, 12:56:04 PM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/

You guys are simply amazing , what a rapid response! Absolute 100% Respect to all those involved in the development team!

Oh crap! What did I miss, does this affect the gulden in our wallets?

Hey pijpenstelen,

These types of attacks wouldn't cause issues with your personal funds in your wallet. It mainly affects exchanges and vendors/merchants if targeted. We will be releasing our interim solution sometime today after further testing.
The testing also included doing multiple 51% attacks on our test network and the results have been excellent.

Since the dev team knows how to do 51% attacks will you retaliate against other coins if we get attacked again ?

This will be a good way to get the attacker to own up?

The development team would never consider this even if it happened to be a specific coin behind the attacks because there will be innocent investors buying into that coin that wouldn't deserve it and we want to keep a clean slate with Gulden where no one can point fingers at us for doing something wrong to ruin the repuation of Gulden. We have to take the higher ground here and make our
blockchain bulletproof while building up Gulden with the help of our great community!
legendary
Activity: 1197
Merit: 1001
November 17, 2015, 12:46:53 PM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/

You guys are simply amazing , what a rapid response! Absolute 100% Respect to all those involved in the development team!

Oh crap! What did I miss, does this affect the gulden in our wallets?

Hey pijpenstelen,

These types of attacks wouldn't cause issues with your personal funds in your wallet. It mainly affects exchanges and vendors/merchants if targeted. We will be releasing our interim solution sometime today after further testing.
The testing also included doing multiple 51% attacks on our test network and the results have been excellent.

Since the dev team knows how to do 51% attacks will you retaliate against other coins if we get attacked again ?

This will be a good way to get the attacker to own up?
hero member
Activity: 637
Merit: 500
November 17, 2015, 12:39:59 PM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/

You guys are simply amazing , what a rapid response! Absolute 100% Respect to all those involved in the development team!

Oh crap! What did I miss, does this affect the gulden in our wallets?

Hey pijpenstelen,

These types of attacks wouldn't cause issues with your personal funds in your wallet. It mainly affects exchanges and vendors/merchants if targeted. We will be releasing our interim solution sometime today after further testing.
The testing also included doing multiple 51% attacks on our test network and the results have been excellent.

Since the dev team knows how to do 51% attacks will you retaliate against other coins if we get attacked again ?
legendary
Activity: 1197
Merit: 1001
November 17, 2015, 12:35:48 PM
What's the frequency of the auto-checkpointing? Wouldn't there be time for an attack between checkpoints? Are you planning to just rollback transactions to the previous checkpoint if there's another attack?

It seems very unlikely that the attacker(s) would bother with NLG again, since afaik the only exchange is Bittrex, and you can bet they're going to keep a close eye on it, but it seems a bit disingenuous to say that you have solved double spending. The only way to prevent 51% attacks and double spending is to make the coin more centralized, which seems to be what is being done, that you kind of acknowledge with statements like "We will be releasing our interim solution...", where 'interim' implies it is a quick fix that will be removed later. I mean, if you truly solved double spending without centralizing the coin, you'd get the Nobel prize for crypto or something, right?

"Unlikely" unless you behind the attacks? No one knows what the intentions of these attackers are and they will strike again if there is no solution. Why haven't they attacked other coins?!?!
legendary
Activity: 3136
Merit: 1116
November 17, 2015, 12:06:49 PM
What's the frequency of the auto-checkpointing? Wouldn't there be time for an attack between checkpoints? Are you planning to just rollback transactions to the previous checkpoint if there's another attack?

It seems very unlikely that the attacker(s) would bother with NLG again, since afaik the only exchange is Bittrex, and you can bet they're going to keep a close eye on it, but it seems a bit disingenuous to say that you have solved double spending. The only way to prevent 51% attacks and double spending is to make the coin more centralized, which seems to be what is being done, that you kind of acknowledge with statements like "We will be releasing our interim solution...", where 'interim' implies it is a quick fix that will be removed later. I mean, if you truly solved double spending without centralizing the coin, you'd get the Nobel prize for crypto or something, right?
sr. member
Activity: 275
Merit: 250
November 17, 2015, 04:21:34 AM
Hey pijpenstelen,

These types of attacks wouldn't cause issues with your personal funds in your wallet. It mainly affects exchanges and vendors/merchants if targeted. We will be releasing our interim solution sometime today after further testing.
The testing also included doing multiple 51% attacks on our test network and the results have been excellent.
To be more specific you are only at risk when receiving NLG in exchange for something.
e.g. If someone sends you 1000000 NLG and you send them 10 BTC, that 1000000 NLG transaction might later 'disappear' leaving you with no NLG or BTC.

So in short exercise extreme caution in such situations for now, although that is anyway a good idea always.
legendary
Activity: 924
Merit: 1000
November 17, 2015, 03:15:37 AM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/

You guys are simply amazing , what a rapid response! Absolute 100% Respect to all those involved in the development team!

Oh crap! What did I miss, does this affect the gulden in our wallets?

Hey pijpenstelen,

These types of attacks wouldn't cause issues with your personal funds in your wallet. It mainly affects exchanges and vendors/merchants if targeted. We will be releasing our interim solution sometime today after further testing.
The testing also included doing multiple 51% attacks on our test network and the results have been excellent.
sr. member
Activity: 407
Merit: 250
November 17, 2015, 02:42:34 AM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/

You guys are simply amazing , what a rapid response! Absolute 100% Respect to all those involved in the development team!

Oh crap! What did I miss, does this affect the gulden in our wallets?
legendary
Activity: 988
Merit: 1000
November 16, 2015, 11:31:11 PM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/

You guys are simply amazing , what a rapid response! Absolute 100% Respect to all those involved in the development team!
sr. member
Activity: 332
Merit: 250
November 16, 2015, 07:32:46 PM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/

Sweat  Grin
legendary
Activity: 924
Merit: 1000
November 16, 2015, 04:19:44 PM
I have just posted a statement on our development blog regarding the events that took place this weekend, please give it a read through to know what took place and what is being done moving forward.
New wallets to be released tomorrow.

https://developer.gulden.com/blog/
legendary
Activity: 1148
Merit: 1000
November 16, 2015, 03:03:19 PM
Thanks for this update, how is it possible that there is almost a fix for 51% attacks?
Not 51% attacks entirely, just double spending.
There are other attacks that can be executed via 51% e.g. denial of service and this won't address those (they aren't the immediate concern as they are less likely - no financial gain)

This is just an interim solution so that we can move on in the meantime, in the medium term we will be putting out better solutions.

Sorry, yes just the double spending attack
sr. member
Activity: 275
Merit: 250
November 16, 2015, 02:57:57 PM
Thanks for this update, how is it possible that there is almost a fix for 51% attacks?
Not 51% attacks entirely, just double spending.
There are other attacks that can be executed via 51% e.g. denial of service and this won't address those (they aren't the immediate concern as they are less likely - no financial gain)

This is just an interim solution so that we can move on in the meantime, in the medium term we will be putting out better solutions.
legendary
Activity: 1148
Merit: 1000
November 16, 2015, 02:53:01 PM
Its not a war Gulden is strong!

Fix is coming soon and fast

I have removed my messages. Where did you see a fix was coming soon?

Gulden Slack

Join if you will talk about it and about Gulden 60 people in the chat

gulden.com/join

@malcolm is working on it

Update
http://www.guldenlinks.com

Thanks for this update, how is it possible that there is almost a fix for 51% attacks?

Good Gulden dev/team  Cool
hero member
Activity: 637
Merit: 500
November 16, 2015, 02:35:25 PM
Its not a war Gulden is strong!

Fix is coming soon and fast

I have removed my messages. Where did you see a fix was coming soon?

Gulden Slack

Join if you will talk about it and about Gulden 60 people in the chat

gulden.com/join

@malcolm is working on it

Update
http://www.guldenlinks.com

Thanks for this update, how is it possible that there is almost a fix for 51% attacks?
legendary
Activity: 1148
Merit: 1000
November 16, 2015, 01:33:22 PM
Its not a war Gulden is strong!

Fix is coming soon and fast

I have removed my messages. Where did you see a fix was coming soon?

Gulden Slack

Join if you will talk about it and about Gulden 60 people in the chat

gulden.com/join

@malcolm is working on it

Update
http://www.guldenlinks.com
hero member
Activity: 637
Merit: 500
November 16, 2015, 01:26:13 PM
Its not a war Gulden is strong!

Fix is coming soon and fast

I have removed my messages. Where did you see a fix was coming soon?
legendary
Activity: 1148
Merit: 1000
November 16, 2015, 01:25:11 PM
Its not a war Gulden is strong!

Fix is coming soon and fast
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