......
seriously, it's not really the right place in this thread to promote another coin.....
Topic: Network Attack on XVG / VERGE - page 14. (Read 29536 times)
seriously, it's not really the right place in this thread to promote another coin.....
RIP XVG - might be a good time to look into the $DAPS project - www.dapscoin.com
It seems they won't be vulnerable to these Time Warp attacks
It seems they won't be vulnerable to these Time Warp attacks
lol that quote from ocminer means fukall my dude
You seem like you need may need some here, so here you go. You'll find the definition on this page:
https://www.merriam-webster.com/dictionary/at%20present
Damn, you really are stupid. Those are blocks being mined at present. Do you know what that means?
I doubt they care. Verge team is on party in this thread instead of taking the guard up and investigating and securing things.
keep up the hate tho.... the more hate we get the more it fuels the ambition lol
Did you make your doctor's appointment yet?
I once, when i was still young got a good advice from my grandma: "Never be offended by if the offence comes from someone stupid, but be very offended when it comes from someone smarter than you".
This said, i'am no way offended by your comment
difficulty changed? it must be 'hacked' 
seems you get used to it after it's that funny .... 
Actually, yeah. It is being attacked right now.
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difficulty changed? it must be 'hacked'
seems you get used to it after it's that funny ....
difficulty changed? it must be 'hacked'
bringing these posts to a new page so the thread doesn't get to much watered by useless offtopic XVG fanboy talk
Did you make your doctor's appointment yet?
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.
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.
pumping up an important post that wasn't answered or discussed yet and in my opinion deserves some attention!! (quoted posts!)
Additionally, at about 22.24 (Verge explorer time) the difficulty again went to down to 400 on the lyra algo.
And recoved exactly 15 minutes later.
Not sure if right now the difficutly is again falling as i can't see yet how long this difficulty downtrend will last.
Just in case someone wants to investigate it further.
bringing these posts to a new page so the thread doesn't get to much watered by useless offtopic XVG fanboy talk
Btw. hopefully for xvg Michael won't speak much in SEC about his past xvg team membership and for example how Wraith was created.
Ohh, well this is interesting...
I'm not invested in this XVG drama whatsoever since i could care less about privacy coins (privacy is an added feature that I could care less about since I'm not a shady fuck)...
I wonder when people will stop giving the "i got nothing to hide" reasoning. Privacy is important in this modern all-seeing world more than ever
Maybe because not all of us need to be able to hide transactions? It is a nice feature yes, but I look for more in cryptos than just being able to hide my transaction history. And even if I wanted it, there are other options? Is this not a free market? Am I not allowed to have options that don't have a sketchy recent history?
I like coins that aren't subject to network attacks like Verge.
And while I may get shit for this, I am one who actually likes the idea of paying taxes and whatnot... Maybe not under this current administration, but it is something I like to pay into nonetheless. So my transactions have no reason to go unrecorded... And there are plenty of other coins out there that are capable of transferring funds with better tech than XVG if that's all I wanted to do with it.
It's cool if others here have the need for privacy. That's fine. Simply put: there are better options.
Let the free market decide who comes out on top.
BTW this response isn't a knock on privacy coins. I own none. It's just that you're argument given the context of your pro-Verge position needed a new take on the situation at play.
Well, there are already 3 attacks on the network and all the successful ones. The trust is finally lost in a coin ... If someone lost his coins, my condolences) A foolish approach from the developers or they are just amateurs 
pumping up an important post that wasn't answered or discussed yet and in my opinion deserves some attention!! (quoted posts!)
Additionally, at about 22.24 (Verge explorer time) the difficulty again went to down to 400 on the lyra algo.
And recoved exactly 15 minutes later.
Not sure if right now the difficutly is again falling as i can't see yet how long this difficulty downtrend will last.
Just in case someone wants to investigate it further.
Sucks again for all these miners with orphaned blocks at that time.
https://www.zpool.ca/site/block?id=1532
don't forget... lot's of people in the mainstream still think bitcoin itself is a scam/bubble lol
Yet people who've adopted BTC and know about crypto and tech behind it consider Verge a scam. I wonder why. I guess we need to ask John McAfee on his BS talking about verge! In the first place, it was him who created a hype on this shitcoin.
Mcafee is nothing more than a jester making lulz xD
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