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Topic: Technical analysis of the EliteCoin heist - page 3. (Read 2892 times)

legendary
Activity: 2688
Merit: 1240
U think he will check he think you will check end up nobody check.

Yup..  I have learned that too
legendary
Activity: 2688
Merit: 1240
PS: Oh and stop that shit and fud about bittrex please, you cannot blame the cardealer when you let your car repair by some strange workshop and then your brakes do not work - the only mistake they made - they did add it even though there was no block explorer available, which I hope they won't in the future..
Difficult for them to automatically check for a premine? It only takes about 10 seconds.

Not without Explorer
hero member
Activity: 868
Merit: 1000
U think he will check he think you will check end up nobody check.
hero member
Activity: 750
Merit: 511
PS: Oh and stop that shit and fud about bittrex please, you cannot blame the cardealer when you let your car repair by some strange workshop and then your brakes do not work - the only mistake they made - they did add it even though there was no block explorer available, which I hope they won't in the future..
Difficult for them to automatically check for a premine? It only takes about 10 seconds.
hero member
Activity: 574
Merit: 500
I think this coin is dead. I personally have 5 ELITE mined from launch and I think dead coin may be dead.
I know people loose money on it, but nothing gonna happen, if community takes over then it will die very slowly, but no one gonna refund their loss.
legendary
Activity: 2688
Merit: 1240
Hey guys,

since nobody is replying in the Thread concerning my questions, I'm starting a new thread here.

Usually I'm checking coins b4 adding them to suprnova, at least i'm doing some preliminary checks (no virus, "bad" code, no code where the first block is like 500.000 coins while the coinsupply is only 50.000 .. etc). I tried to do that on Elite too, but the "usual" places where moved into other files, so I skipped it and since I saw other "big" pools on it I did not think anything bad as they're also supposed to do checks, don't they ? Smiley (no, i will not do that again, don't worry Smiley)

However, the next morning I saw coinsupply tripled and on bittrex coins were dumped for about 20 BTC which made me look again and its weird..

I've set up an Block Explorer on a old machine as I could not find any online (its hell slow, please bear with me Smiley):
http://blocks.suprnova.cc:2750/

The source is here:
https://github.com/dimecoinco/elitecoin (thx to rikkejohn)

The first block pays out 20.000 to one address:
http://blocks.suprnova.cc:2750/block/00000ef54a645ff81b0d06b5fa10c2e0c4cbfd1af6448cc8747978fae96e6722

But this 20.000 payout is not reflected in the money supply, can someone point me to the place in the code where this is surpressed ?

When we take a closer look at some suspicious blocks, you see this address again:
http://blocks.suprnova.cc:2750/address/dMFkHRK1WRFVQLBvozBeKYAWfaAFQUsy1y

Especially Block 3448 and 4338 (which straaaange numbers Smiley) pay 20.000 AGAIN to the dev's address  .. The source is ALSO the dev's address so this is basically a double spent (or a double generation?):

http://blocks.suprnova.cc:2750/block/000000000025fe115ebd4ca762e1525c9889b3b9dbff29c6bb3c685bf953323a

(I dont know why 1000 coins go to the other address)

At block 4338 these coins get moved (probably to bittrex or so):
http://blocks.suprnova.cc:2750/address/dLvQf3686DgCPZBuHCixK9DBi8CMoeHCDe


Anyone got an idea how actually that worked ?


For that double generation/spend you usually also need a decent pool with large hashrate for this...


Thx !


PS: Oh and stop that shit and fud about bittrex please, you cannot blame the cardealer when you let your car repair by some strange workshop and then your brakes do not work - the only mistake they made - they did add it even though there was no block explorer available, which I hope they won't in the future..
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