Network Attack on XVG / VERGE - page 13.

Patelkaran.8798

newbie

Activity: 42

Merit: 0

Quote from: CHIEF56 on May 29, 2018, 11:05:14 PM

Quote from: CHIEF56 on May 29, 2018, 10:28:42 PM

Quote from: siege3967 on May 29, 2018, 10:09:19 PM

Quote from: ktru19 on May 29, 2018, 09:45:46 PM

Quote from: siege3967 on May 29, 2018, 05:59:08 PM

Would any verge supporter like to explain this? Negative balance: https://verge-blockchain.info/address/D7sbycsrSQpj6AjfjsHPb54fvEzN6JH3fp

has explaination on this been told?

No they simply can't explain it because they don't understand what's happening.

Crickets.

That's OK tho. While I shouldn't need to, I'll break it down a little bit for them.

Notice anything suspicious about the transactions associated with that address?

No one? Little drummer dick drummerjdb666, you don't want to take a guess?

Will check back after dinner time, but it's ugly

It takes a while for a NOOB or schizophrenic to comprehend the information which has been provided twice. With loved one's support Schizophrenia can be handled. I wonder if your loved ones knows abt your condition. I wonder if OCminer is paying the medical bills for you. 🤔

Patelkaran.8798

newbie

Activity: 42

Merit: 0

Quote from: siege3967 on May 29, 2018, 05:59:08 PM

Would any verge supporter like to explain this? Negative balance: https://verge-blockchain.info/address/D7sbycsrSQpj6AjfjsHPb54fvEzN6JH3fp

Its an explorer bug .most probably the iquidus one.
Try using other explorer.

Its normal

Also if you want answer from verge dev then check his previous post.

CHIEF56

jr. member

Activity: 126

Merit: 2

Quote from: CHIEF56 on May 29, 2018, 10:28:42 PM

Quote from: siege3967 on May 29, 2018, 10:09:19 PM

Quote from: ktru19 on May 29, 2018, 09:45:46 PM

Quote from: siege3967 on May 29, 2018, 05:59:08 PM

Would any verge supporter like to explain this? Negative balance: https://verge-blockchain.info/address/D7sbycsrSQpj6AjfjsHPb54fvEzN6JH3fp

has explaination on this been told?

No they simply can't explain it because they don't understand what's happening.

Crickets.

That's OK tho. While I shouldn't need to, I'll break it down a little bit for them.

Notice anything suspicious about the transactions associated with that address?

No one? Little drummer dick drummerjdb666, you don't want to take a guess?

Will check back after dinner time, but it's ugly

CHIEF56

jr. member

Activity: 126

Merit: 2

Quote from: siege3967 on May 29, 2018, 10:09:19 PM

Quote from: ktru19 on May 29, 2018, 09:45:46 PM

Quote from: siege3967 on May 29, 2018, 05:59:08 PM

Would any verge supporter like to explain this? Negative balance: https://verge-blockchain.info/address/D7sbycsrSQpj6AjfjsHPb54fvEzN6JH3fp

has explaination on this been told?

No they simply can't explain it because they don't understand what's happening.

Crickets.

That's OK tho. While I shouldn't need to, I'll break it down a little bit for them.

Notice anything suspicious about the transactions associated with that address?

siege3967

jr. member

Activity: 42

Merit: 1

Quote from: ktru19 on May 29, 2018, 09:45:46 PM

Quote from: siege3967 on May 29, 2018, 05:59:08 PM

Would any verge supporter like to explain this? Negative balance: https://verge-blockchain.info/address/D7sbycsrSQpj6AjfjsHPb54fvEzN6JH3fp

has explaination on this been told?

No they simply can't explain it because they don't understand what's happening.

siege3967

jr. member

Activity: 42

Merit: 1

Quote from: drummerjdb666 on May 29, 2018, 08:51:01 PM

it's amusing to me that you people act like this matters in the long run 'at all'..... way to go short term vision... lol cause every other coin on earth hasn't had an issue from time to time lololololol

They haven't had the same attack occur twice even after multiple people pointed out it would happen to the dev. You have an incompetent dev

ktru19

jr. member

Activity: 181

Merit: 1

Quote from: siege3967 on May 29, 2018, 05:59:08 PM

Would any verge supporter like to explain this? Negative balance: https://verge-blockchain.info/address/D7sbycsrSQpj6AjfjsHPb54fvEzN6JH3fp

has explaination on this been told?

boxalex

member

Activity: 420

Merit: 13

Quote from: drummerjdb666 on May 29, 2018, 08:51:01 PM

it's amusing to me that you people act like this matters in the long run 'at all'..... way to go short term vision... lol cause every other coin on earth hasn't had an issue from time to time lololololol

And you with that behavour are really a Verge moderator on the VERGE Telegram channel?? Roll Eyes

Actually i'am speakless Lips sealed

lazy-physicist

member

Activity: 76

Merit: 10

Quote from: drummerjdb666 on May 29, 2018, 08:54:40 PM

pitiful noobs Wink

<3 <3 <3

I am sorry but...

HAHAHA * Breath* HAHAHA

Not even taking sides in this debate but goddamn you are one stupid sob. Cheesy

swami84

jr. member

Activity: 79

Merit: 1

Quote from: drummerjdb666 on May 29, 2018, 08:51:01 PM

it's amusing to me that you people act like this matters in the long run 'at all'..... way to go short term vision... lol cause every other coin on earth hasn't had an issue from time to time lololololol

I have both long term and short term vision. Both say its a shitcoin with a shitty developer and shitty cult following and shitty echo-chambers. Good luck stroking Verge!

drummerjdb666

full member

Activity: 244

Merit: 101

pitiful noobs Wink

<3 <3 <3

drummerjdb666

full member

Activity: 244

Merit: 101

but yeah you know... keep tryin to talk shit cause it may somehow boost your ego Grin

drummerjdb666

full member

Activity: 244

Merit: 101

it's amusing to me that you people act like this matters in the long run 'at all'..... way to go short term vision... lol cause every other coin on earth hasn't had an issue from time to time lololololol

drummerjdb666

full member

Activity: 244

Merit: 101

DZack

newbie

Activity: 3

Merit: 0

boxalex

member

Activity: 420

Merit: 13

boxalex

member

Activity: 420

Merit: 13

Quote from: StefanRvO on May 29, 2018, 04:31:31 PM

Quote from: Dogedarkdev on May 29, 2018, 03:59:17 PM

Quote from: StefanRvO on May 29, 2018, 03:26:53 PM

Since the chain trust is only based on the length of the chain and not cumulated work, wouldn't it be quite easy to perform a double spend with much less than 51% hashrate?

On the original chain, send e.g. 10M XVG to an exchange.

While you wait for confirmations, start mining an alternative chain where you step down the difficulty by fakeing the timestamps. This should still be possible even though the maximum drift is changed to 10 minutes, it will just be somewhat slower. In this chain you include a transaction which invalidates your original transaction. Even if you only have e.g. 5% hashpower, your chain should eventually get longer than the original chain as it has much lower difficulty.

After you have converted the XVG to BTC on the exchange, you submit your privately mined chain to the network, and as it is longer than the original chain, it will cause the nodes to reorganize to your chain. Am I missing anything or would this be completly possible?
This would also make it possible to perform the attack with extremly limited ressources as you don't really have to compete with the honest miners.

that wouldn't work because the invalidation would also be accepted.

Could you expand on what you mean by the invalidation would also be accepted?

If you on your private chain sends the coins to yourself instead of the exchange, you will still own the coins when the network reorgs to your chain after you brodcasts your blocks.

bump for an unanswered serious question!

cryptolovett

newbie

Activity: 39

Merit: 0