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Topic: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE? (Read 2666 times)

legendary
Activity: 1260
Merit: 1000
hero member
Activity: 868
Merit: 1000
a premine scam.
the dev want to fool ppl twice with AC v2.

Scam of epic proportions.. helped along by greedy exchanges that put the coin up very early.  It netted a *lot* of people.  Was highest volume on mintpal for a week... Hard to know how much was scammed.. maybe as much as $1m.

Anyways, I put up the src on github, with the markers //SCAM : url=https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform

and posted an analysis of the code markers here: https://bitcointalksearch.org/topic/m.6535095

Amazingly this SCAM code fragment has been found on several other coins on github...



Prior to this mess i made a Topic here, warning everyone to not get fooled by the high volume and mintpal adding it and exchanges being irresponsible and addressed some concerns which all came true.
legendary
Activity: 1064
Merit: 1002
I cross posted this from the ANN thread. Seems me and micryon came to the same conclusion independently. I never got as far as checking other files besides main.h and main.cpp



Ok so here are my findings so far. Please correct me if any of this is wrong. Im on about 24 hours without sleep at this point

Note these:

static const int64 MIN_SUPPLY = 1

static const int64 MIN_STAGE_AMOUNT = 10

(Both in main.h I believe)

Here is the meat

Bypass function 1


Code:
if (txout.nValue > MAX_MONEY * MIN_STAGE_AMOUNT) 

return DoS(100, error("CTransaction::CheckTransaction() : txout.nValue too high"));

Which should say if a transaction is larger than MAX_MONEY return error.

But is modified to say

If transaction is larger than MAX_MONEY * 10 ( = 3.4 Billion) return error

Bypass Function 2

Code:
	if (vtx[0].GetValueOut() > GetProofOfWorkReward(pindex->nHeight, nFees) && pindex->nHeight != MIN_SUPPLY)
return false;

This should state. If BlockValue is larger than GetProofOfWorkReward return false

But is modified to say

If BlockValue is larger than GetProofOfWorkReward And is not block 1 return false

Bypass Function 3

MAX_MINT_PROOF_OF_WORK is just completely removed



There are still a few things im uncertain about. But the database does not lie.

http://199.231.191.241:2750/chain/AsiaCoin?hi=19&count=20  (Please keep in mind with this explorer. All addresses are not correct. Had some issues with the base58.h in asiacoin)

Block     Approx. Time   Transaction Value Out      Difficulty     Outstanding  Average Age     Chain Age   % CoinDD

1    16:00:06                 1           3240000100   0.0     3240000100    0           6.94444e-05   0%
newbie
Activity: 18
Merit: 0
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
a premine scam.
the dev want to fool ppl twice with AC v2.

Scam of epic proportions.. helped along by greedy exchanges that put the coin up very early.  It netted a *lot* of people.  Was highest volume on mintpal for a week... Hard to know how much was scammed.. maybe as much as $1m.

Anyways, I put up the src on github, with the markers //SCAM : url=https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform

and posted an analysis of the code markers here: https://bitcointalksearch.org/topic/m.6535095

Amazingly this SCAM code fragment has been found on several other coins on github...



good job  Smiley
newbie
Activity: 18
Merit: 0
can you tell us which other coins had the same scam code?
full member
Activity: 154
Merit: 100
a premine scam.
the dev want to fool ppl twice with AC v2.

Scam of epic proportions.. helped along by greedy exchanges that put the coin up very early.  It netted a *lot* of people.  Was highest volume on mintpal for a week... Hard to know how much was scammed.. maybe as much as $1m.

Anyways, I put up the src on github, with the markers //SCAM : url=https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform

and posted an analysis of the code markers here: https://bitcointalksearch.org/topic/m.6535095

Amazingly this SCAM code fragment has been found on several other coins on github...

member
Activity: 77
Merit: 10
a premine scam.
the dev want to fool ppl twice with AC v2.
newbie
Activity: 53
Merit: 0
Guys does this say what I think it says?

Line 1606 Main.cpp

Code:
	uint256 prevHash = 0;
if(pindex->pprev)
{
prevHash = pindex->pprev->GetBlockHash();
// printf("==> Got prevHash = %s\n", prevHash.ToString().c_str());
}

if (vtx[0].GetValueOut() > GetProofOfWorkReward(pindex->nHeight, nFees) && pindex->nHeight != MIN_SUPPLY)
return false;
legendary
Activity: 1457
Merit: 1001
legendary
Activity: 1302
Merit: 1002
sounds like a conspiracy to me ..stop spreading FUD and beeing a jealous hater you missed the train i guess and now your mad.

PS: Free Market.

http://www.cryptoarticles.com/crypto-news/2014/5/3/asiacoin-proof-of-3-billion-extra-coins-in-existence?utm_source=dlvr.it&utm_medium=twitter
ASIACOIN : PROOF OF 3 BILLION EXTRA COINS IN EXISTENCe
legendary
Activity: 1246
Merit: 1000
sounds like a conspiracy to me ..stop spreading FUD and beeing a jealous hater you missed the train i guess and now your mad.

PS: Free Market.

Tell me that was sarcasm.


Aforementioned train  Cheesy Cheesy Cheesy Cheesy Cheesy

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
sounds like a conspiracy to me ..stop spreading FUD and beeing a jealous hater you missed the train i guess and now your mad.

PS: Free Market.
legendary
Activity: 1246
Merit: 1000
Bum bum bum, another one bites the dust..
member
Activity: 109
Merit: 35
Did they restart the blockchain because the source code surfer43 posted on the 1st page of this thread shows the maximum coins was 36 million?
legendary
Activity: 1232
Merit: 1000
delisted on Cryptsy and Mintpal.

why doesn't the community issue a hardfork and kill the hidden premine. I am sure there are plenty of people who would kick some satoshis to see this happen.
yui
full member
Activity: 182
Merit: 100
It's still a safe coin to invest the rest of our savings into, though, right?
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Oh my god.... This guy is going to have people after him.

I am a bit nervous...  Lips sealed

Well you were the main AC pumper.... did you know about it?

I pump all coins im invested in. Welcome to crypto...

I havent had AC since before the last rise... So fuck no i didnt know.

fair enough
sr. member
Activity: 462
Merit: 250
Oh my god.... This guy is going to have people after him.

I am a bit nervous...  Lips sealed

Well you were the main AC pumper.... did you know about it?

I pump all coins im invested in. Welcome to crypto...

I havent had AC since before the last rise... So fuck no i didnt know.
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