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Topic: Network Attack on XVG / VERGE - page 61. (Read 29513 times)

member
Activity: 420
Merit: 13
April 05, 2018, 10:18:22 PM
@OCminer i think its time to close this thread down or atleast lock it.... pretty sure there is more then enough shite flowing now the cleanup is going to take awhile.

Why? I'am pretty sure there are a lot of other miners still interested in all that info .... And the hack is still actual, not?
As long as the issue is NOT finally fixed this thread should not be locked or closed!
jr. member
Activity: 82
Merit: 2
April 05, 2018, 10:12:54 PM
That's what happens when an independent code audit is not performed. I sold my Verge.

cheers for selling into my buy orders ^_^.....

once this blows over verge will climb and fall again a few more times over.... profits to be made lol. @OCminer i think its time to close this thread down or atleast lock it.... pretty sure there is more then enough shite flowing now the cleanup is going to take awhile.

I was happy to unload my coins in your caring hands. 2.8 verge for every cardano. Works perfect for me, THANK YOU
newbie
Activity: 10
Merit: 0
April 05, 2018, 10:07:27 PM
While not a good situation for verge and those invested, you people realize that all companies living on the net have had to deal with hacks at some point or another right??? Verge team will learn from this I'm sure and they will fix it in short order.

The problem is not the hack, it's how the dev team reacts to it. They act like idiot basement kids that just got lucky with their shit coin.

Imagine you were in this situation and everything you have worked hard on especially now was being attacked how would you be stick handling it. easy to say from the peanut gallery. This team is gutted I'm sure.
legendary
Activity: 882
Merit: 1000
April 05, 2018, 10:04:36 PM
That's what happens when an independent code audit is not performed. I sold my Verge.

cheers for selling into my buy orders ^_^.....

once this blows over verge will climb and fall again a few more times over.... profits to be made lol. @OCminer i think its time to close this thread down or atleast lock it.... pretty sure there is more then enough shite flowing now the cleanup is going to take awhile.
newbie
Activity: 24
Merit: 0
April 05, 2018, 10:01:39 PM
While not a good situation for verge and those invested, you people realize that all companies living on the net have had to deal with hacks at some point or another right??? Verge team will learn from this I'm sure and they will fix it in short order.

The problem is not the hack, it's how the dev team reacts to it. They act like idiot basement kids that just got lucky with their shit coin.
newbie
Activity: 10
Merit: 0
April 05, 2018, 10:00:39 PM
While not a good situation for verge and those invested, you people realize that all companies living on the net have had to deal with hacks at some point or another right??? Verge team will learn from this I'm sure and they will fix it in short order.

Yes, but who would invest in a project that has tons of problems like this?  As an investor I would be seriously concerned if miner tells dev team how to fix simple problem. RED FLAG

Just to name a few in recent memory Sony, JP Morgan, Home Depot, can go on and on. Coding ain't easy.

Who is still invested in those companies I just named. They must all be gone now right???
sr. member
Activity: 555
Merit: 253
April 05, 2018, 09:57:11 PM
That's what happens when an independent code audit is not performed. I sold my Verge.
jr. member
Activity: 82
Merit: 2
April 05, 2018, 09:52:55 PM
While not a good situation for verge and those invested, you people realize that all companies living on the net have had to deal with hacks at some point or another right??? Verge team will learn from this I'm sure and they will fix it in short order.

Yes, but who would invest in a project that has tons of problems like this?  As an investor I would be seriously concerned if miner tells dev team how to fix simple problem. RED FLAG
newbie
Activity: 10
Merit: 0
April 05, 2018, 09:33:23 PM
While not a good situation for verge and those invested, you people realize that all companies living on the net have had to deal with hacks at some point or another right??? Verge team will learn from this I'm sure and they will fix it in short order.
jr. member
Activity: 82
Merit: 2
April 05, 2018, 09:17:21 PM
Wow, reading through that chat transcript between ocminer and the arrogant teenagers supposedly in charge of this shitcoin, just unbelievable.  

Binance just cut it off, so I just sold all my XVG on Bittrex before they de-list this POS (Proof of Shit[Suspicious link removed]d riddance.

Yeah, this coins smells like shit now..and binance is a MAJOR red flag. Did you get ADA as well?
mvd
newbie
Activity: 19
Merit: 0
April 05, 2018, 09:08:37 PM
Wow, reading through that chat transcript between ocminer and the arrogant devs that are apparently teenagers based on the responses.  Just unbelievable.  

Binance just cut it off, so I just sold all my XVG on Bittrex before they de-list this POS (Proof of Shitcoin).
jr. member
Activity: 82
Merit: 2
April 05, 2018, 09:03:02 PM
I mean how can we have faith in a project that get's hacked every other day? Twitter, etc etc. BTW, Binance suspended Verge deposits. Glad I sold with a slight profit and switched to cardano.
newbie
Activity: 1
Merit: 0
April 05, 2018, 08:58:58 PM
Perhaps to be most helpful you could make these comments on github where the developer can actively respond.

He did.

https://github.com/vergecurrency/VERGE/issues/685

I think this is really handled with a lot of incompetence.
How is this coin still 'worth' what it is now?
I don't understand.
jr. member
Activity: 82
Merit: 2
April 05, 2018, 08:55:43 PM
Sold it all today and bought cardano Zero confidence in this coin
jr. member
Activity: 87
Merit: 2
newbie
Activity: 5
Merit: 0
April 05, 2018, 08:37:09 PM
newbie
Activity: 41
Merit: 0
April 05, 2018, 08:11:59 PM
Hey, guys! Tell me, is it possible the same attack on other coins, which also alternate algorithms? For example, is it Ravencoin or Pigeoncoin? And in general, all algorithms in the family of X (X11 and so on)?

from what i saw, it is definitely in several other coins. i did a quick search on github and found many others. to save them the headache of what we just went through, i am not going to name them here though.
 

You could you know... help them like OCMINER tried to help you.   I mean it certainly would save face. 
jr. member
Activity: 186
Merit: 4
April 05, 2018, 08:08:49 PM
I'm suprised that so many people (miners and hodlers) are shocked at suneroks dude behaviour, I mean you took him seriously  Cheesy Cheesy
sr. member
Activity: 1021
Merit: 324
April 05, 2018, 08:07:12 PM
I've no leg in this I'm just here for the popcorn.

But as a rule of thumb: when someone as ancient as ocminer pats you on the shoulder and tells you something: you sit down and listen.

Sunerok clearly needs lessons in humbleness.

Couldn't agree more. I've been following this thread all day for the back and forth entertainment.

If I was part of the Verge team I'd have worked together with ocminer and even paid him for help if I couldn't handle it myself. I've been mining on his pools for years now. Always does an excellent job supporting his own infrastructure and is known as a stand up member in the crypto community. More pool operators should follow oc's lead.

As for the vulnerability being disclosed privately vs. publicly it really doesn't matter in this instance.

1) ocminer was not the attacker
2) the attack was already taking place without significant public contact/updates by the Verge team as to what was happening
3) ocminer did not disclose technical details to the public in any form where someone could take the information and replicate the attack themselves

I don't feel it's necessary to add my personal opinions on the Verge blockchain however it's very clear that if the developers need help, ASK FOR IT. There is no shame in seeking help when you're overwhelmed. Remember that blockchains are supposed to be decentralized, open source, and contributed to by anyone with the means to do so, not a self contained dictatorship.

I am not surprised an older member is putting some proper logic and reason into this thread. You guys contacting the SEC and then others are wondering why regulations are being brought down heavy onto crypto. Wanting to see this stuff fail is completely insane.

I know XSH has a temp fix already out and are working on a proper fix now.
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