Topic: Network Attack on XVG / VERGE - page 33. (Read 29513 times)

I mined quite a lot of Verge/x17 and Verge/Lyra2rev2 a couple of months ago, and then I went to mining different coins - I switch around quite a lot.

I didn't hear about this attack or anything about it until I saw that maybe mining Verge is quite profitable sometimes at the moment, but it really depends which website calculator you trust.... and I went to the Suprnova site and saw the link to this thread beginning a month ago.

I have only read the first couple of pages and last couple of pages of this thread and I still don't understand if Verge is compromised or not, or if @OCMiner / Suprnova is only begrudgingly allowing it to be mined at their pool, or if it is all fixed and Verge is fine?

Can anyone say categorically WTF is going on with Verge and Verge mining right now?

All my instincts are yelling at me to stay away from it, it's broken, etc, etc but I have seen other coins (even really big ones like Ethereum) go through some pretty terrible hacks, bugs, attacks, etc and survive.

I think that the nature of Verge - with anonymity, privacy, TOR connection, etc will make it a very tempting target to be hacked, especially if as @OCMiner seems to suggest that it's being dev'd by a single person rather than a team. It's a coin that fundamentally allows you to hide. Obviously that is a great thing if it works and terrible if it doesn't, but it must really suit someone who is essentially stealing from the network.

I dunno... I think I will keep mining ETH, Zencash, Komodo, Monero or even Zcash for a while and just watch what happens in the Verge universe.

Is anyone out there mining Verge with complete confidence?

in the way that the coins are encoded, every mined block must have different algorithms if they are the next block. It seems, now, they are the next block with the same mining algorithm. The problem is, according to the poster, the attacker mines one block every second, for thirteen hours before being discovered. This is because of a bug in XVG code that allows users to mine blocks with spoofed timestamps.

Hey, if anyone is interested in a Verge PPS pool, I just launched this today: http://xvg.elitehash.net/

Other algos coming, for now there's just X17. Payouts are set to 100% (meaning I will keep the transaction fees but that's it)

"Hi, if you give us 5 millions $ we will accept your currency on pornhub" ... I think that I know how Dash or Monero devs would react

If that is accurate then it would be big for me, it's one thing reaching out to hundreds or thouands of potential partners, but if Pornhub contacted Verge proactively you have to wonder what is going on behind the scenes. You would think that more established coins like Dash or Monero would be the 1st choice.

hmm it seems that pornhub wont be affiliate to XVG

source :

https://www.techworm.net/2018/04/pornhub-brazzers-collaboration-fail-to-help-verge-xvg.html

FTFY

I get why you're pissed off and I'm a total noob here, but I gotta say that I think they need you ocminer.
WE need people like you running the pools and keeping an eye on things for the rest of us. In this quickly evolving space we need a lot more than straight up profit-takers. We need people who give a shit about doing this thing right.
I hope you change your mind about XVG. I'd use your pool at double the fee exactly because you care about more than profits.

Is it safe to mine now?

It was mentioned by the Verge dev that pornhub/mindgeek contacted them ... if i remember right it was mentioned in an interview or statement he gave.

I wonder how this connection between Verge and Pornhub actually came to existence? Who did reach out to whom? Does anybody know anything?

It's an amazing coin. There are always a lot of opposing gossip around this coin. But it seems to me that this will be a very interesting and successful project.

You know what kind of hashpower would be needed to raise the difficulty from one second to another 3x times and that while it was near its normal peek of diffuclty 2M - 2.5M?? Seriously, on Myriad-Groestly thats a big amount of Baikals that had to be switched on and off for 15 minutes only.

I do not say it's not possible, but i doubt you have seen something similar so far that a hashrate goes up on it's peek 3x times, dude, thats hugeeee hashpower if it was hashpower.

And yes, why the hell should i lie about it? I even described minute by minute how i discovered it even with exact time. +/- 5 minutes, so easy to check for someone that has the ability and skill.

The reason why difficulty is raised is because more hash power is thrown at the network. There can be many reasons for this. Unless the person/group who is doing it comes in here and tells us why...we are all just guessing. Who knows? Maybe they want to mine Verge for 15 minutes and then switch to something else for a little while and then they come back.

^ this assumes that what you are saying is true and the difficulty is in fact being raised (i didn't take the time to verify this)

another up for an open unanswered question?!

up and back to topic. Anybody a suggestion how and why this can happen?

This.
Also after 3days main pornhubpage xvg banner dissapeared ,now majority of ppl visiting pornhub don´t give a fuck or didn´t even notice xvg payment option.
6,5m $ well spent...

Probably because it depends on the people smart enough to know how to use cryptocurrency yet dumb enough to pay for porn.

3 billion of visitors every month and still the price tanked after the announcement which makes me wonder what people were expecting. My only question is when will this payment option be implemented on the site?

Maybe I am missing something But, can someone explain how new blocks are being mined and total reward is higher than 1560 ?

https://verge-blockchain.info/tx/c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb

Input Addresses: New Coins
Recipients Address: DQmAPDFTEkYVAdfT3WdRoTGb9XpcKoRGJ2   
Amount (XVG): 1579.10000000

https://verge-blockchain.info/api/getrawtransaction?txid=c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb&decrypt=1