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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1489. (Read 4670972 times)

donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Everybody knows that Dingleberry (BBR) is crap.

Stop it.
sr. member
Activity: 263
Merit: 250

ot: interesting how quick people are starting to worship the blockchain, viewed as an untouchable entity from above. i tought this tech was made to
give us, the people, the power back to decide
. what sense does it make if we don't use this power but replacing the authority enslavement by an
blockchain enslavement?


The bolded part is indeed part of what the whole point is. The part which is also italicized is not precisely true. The tech is made to PREVENT arbitrary "us, the people" from deciding. That's why there is a consensus protocol.
member
Activity: 99
Merit: 91
Everybody knows that Dingleberry (BBR) is crap.
legendary
Activity: 2968
Merit: 1198
Great news on the fix Dev's. I see my main mining pool has just resumed payments, but Polo is still frozen. A few questions:

1) Will the fix require a new build for everyone?
2) I think someone (smooth or fluffy) said the Windows blockchain download hadn't been checked yet a few hours ago. Is it safe to download the new Windows chain yet?
3) Any other guidance on what to do to get going again?

Thanks,
Q

Yes there will be a new build. I'm not sure about the Windows blockchain. We'll follow up on that.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
I hold both XMR and BBR (until something better may arise) - I don't see any reason for hostility between the two projects...

It is both annoying and intriguing actually.
member
Activity: 99
Merit: 91
Can people please stop talking about Dingleberry (BBR) on the Monero thread.
member
Activity: 106
Merit: 10
Good job to the devs. I wish i was equally talented with girls as they are with coding. I'm donating some beloved XMR as soon as this incident is safely withstood.
hero member
Activity: 597
Merit: 500
it is embarrassing to see how some parts of the this community blaming just reflexively others (many see them as competitor) attacking monero.
what a nonsense. until the devs haven't analysed the sources and more details are published, this looks just like a flaw (better now than later btw),
no matter what language the source is written in.

i also don't understand why this should have any real effect on the price except that some scared speculators are jumping out but so what?
either monero is usefull and operational at a certain point or not. this is what counts. just fix the flaw and go on, there is still a need for monero but
no need to concern much about speculators, only interested in making some quick cash, without any real interest in what monero is made for.

this tech is new, just expect problems and don't draw an armageddon from every single event on negativ price-action.

ot: interesting how quick people are starting to worship the blockchain, viewed as an untouchable entity from above. i tought this tech was made to
give us, the people, the power back to decide. what sense does it make if we don't use this power but replacing the authority enslavement by an
blockchain enslavement?
legendary
Activity: 1498
Merit: 1000
Oh well price will obviously fall. Price will obviously come back. The time frame that this will happen is unclear. One things is sure. Panic sellers and panic buyers will lose...
How they can both lose??
legendary
Activity: 1428
Merit: 1001
getmonero.org
Oh well price will obviously fall. Price will obviously come back. The time frame that this will happen is unclear. One things is sure. Panic sellers and panic buyers will lose...
sr. member
Activity: 280
Merit: 250
Great news on the fix Dev's. I see my main mining pool has just resumed payments, but Polo is still frozen. A few questions:

1) Will the fix require a new build for everyone?
2) I think someone (smooth or fluffy) said the Windows blockchain download hadn't been checked yet a few hours ago. Is it safe to download the new Windows chain yet?
3) Any other guidance on what to do to get going again?

Thanks,
Q
legendary
Activity: 1256
Merit: 1009
Now I realize what was the reason for the mid-move turn back at 510 and the quite strong selling towards 400, which was not supported by fundamentals or anything.

The attackers have taken a short position during the decline (causing the decline), and when they run out of coins, the price also stopped declining. When it started going up, it was the time to attack.

Now if the holders sell their coins so that the price drops to below 400, without corresponding buyers except the attackers, then the attackers have won financially, fleecing the community. (The community has also won, because the bug was fixed and attack repelled.)

I pledge 1000 XMR to the devs for their ongoing good work, and BTC100 will be used to buy moneros in the exchange without further warning if I deem that the scamattackers are about to get too fat a profit from their attack.

I will use another ~BTC10 to buy XMR once the time has come (/ trading continues).


I'll put at least 5 BTC on the table for buying and I'll donate at least 25 XMR when problem is solved to the devs.
OK investors and traders. Let''s put up a buy wall at 0.004 and find a floor there. Anyone selling will have to buy back in more expensive if successful.
By putting your order at 0.004 you are supporting the floor.
I will chip in some myself.

I pledge BTC5 in buy support, and will also make a contribution to the dev team.


I wonder why you guys are expecting a dump  Roll Eyes

Wouldn't it be best to let weak hands dump and long term believers buy at discounted prices than artificially holding the price up?
legendary
Activity: 2968
Merit: 1198
Good morning.

It looks like the code I called into question within an hour after this happened last night was indeed the problem code. So, within an hour or so of the attack, I'd narrowed it down to about a page of code, and it looks like we have the first fix this morning.

Now the CN "saviours" have flown in and magically have a similar fix, who knew? The code was obviously orchestrated by someone with an intimate knowledge of the codebase, to the point where:
1) Txs to expand the blockchain were made to emulate pool payout tx so not to raise suspicion.
2) The tx used as inputs for the block that broke consensus was 4 days old so we couldn't find it easily.
3) The mempool was not filled up so as to also give the impression a spam attack was not going on.

There are more notes here:
https://bitcointalksearch.org/topic/m.8665829

Here's what happened with us:
We caught the bullshit going on in the network despite efforts to conceal it and caught the fork immediately. We had Poloniex shut down deposit withdrawal as soon as the fork arose, so no one lost their money.

Awesome detective/repair work TT & Co!  I'm donating in appreciation as soon as it's safe.

Can the standard client be used to prepare and construct another such 'Troll Block' or did the attacker use custom tools?

The block was custom-created. It used things like transactions with no output at all, 1 tacoshi inputs, etc. Some of the blocks used for the attack were put in the block chain four days ago. This was highly premeditated.



legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Good morning.

It looks like the code I called into question within an hour after this happened last night was indeed the problem code. So, within an hour or so of the attack, I'd narrowed it down to about a page of code, and it looks like we have the first fix this morning.

Now the CN "saviours" have flown in and magically have a similar fix, who knew? The code was obviously orchestrated by someone with an intimate knowledge of the codebase, to the point where:
1) Txs to expand the blockchain were made to emulate pool payout tx so not to raise suspicion.
2) The tx used as inputs for the block that broke consensus was 4 days old so we couldn't find it easily.
3) The mempool was not filled up so as to also give the impression a spam attack was not going on.

There are more notes here:
https://bitcointalksearch.org/topic/m.8665829

Here's what happened with us:
We caught the bullshit going on in the network despite efforts to conceal it and caught the fork immediately. We had Poloniex shut down deposit withdrawal as soon as the fork arose, so no one lost their money.

Awesome detective/repair work TT & Co!  I'm donating in appreciation as soon as it's safe.

Can the standard client be used to prepare and construct another such 'Troll Block' or did the attacker use custom tools?
donator
Activity: 1722
Merit: 1036
We win if we manage to COOPERATE efficiently (even if we don't trust each other - that's the whole point of the Byzantine Generals problem).

Something related to this is coming to Monero. No other coins currently have it. Expect to hear more from it in a few days even..
legendary
Activity: 2968
Merit: 1198
Hm, seems like XMR crew had fix all the way but waited for someone else to come upfront with it. Interesting.

I can assure you given the number of hours of sleep that our team has forgone in order to address this attack and eventually figure out how to fix it that we did not have a fix all the way.


legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.

im sick of ppl talking about bbr on monero thread

XMR and BBR are the Cryptonote Wonder Twins.  Their devs collaborate frequently, especially in an emergency.  The XMR mothership thread will no more be free of BBR references than BTC ones. 

Don't like it?  Too bad!   Kiss
legendary
Activity: 1484
Merit: 1005
Good morning.

It looks like the code I called into question within an hour after this happened last night was indeed the problem code. So, within an hour or so of the attack, I'd narrowed it down to about a page of code, and it looks like we have the first fix this morning.

Now the CN "saviours" have flown in and magically have a similar fix, who knew? The code was obviously orchestrated by someone with an intimate knowledge of the codebase, to the point where:
1) Txs to expand the blockchain were made to emulate pool payout tx so not to raise suspicion.
2) The tx used as inputs for the block that broke consensus was 4 days old so we couldn't find it easily.
3) The mempool was not filled up so as to also give the impression a spam attack was not going on.

There are more notes here:
https://bitcointalksearch.org/topic/m.8665829

Here's what happened with us:
We caught the bullshit going on in the network despite efforts to conceal it and caught the fork immediately. We had Poloniex shut down deposit withdrawal as soon as the fork arose, so no one lost their money.
member
Activity: 101
Merit: 10
Hm, seems like XMR crew had fix all the way but waited for someone else to come upfront with it. Interesting.
legendary
Activity: 2968
Merit: 1198
oda.krell is right about the "don't fight FUD with FUD because you shoot yourself in the foot" thing. This approach is counterproductive because it makes people turn against you and what you say, instinctively.

The FUD on this thread is irrelevant anyway, we'll keep copy-pasting standard courteous responses and calling out provable shills. The most important thing we as community can do in crises like this is help information flow INSIDE the community as friction-less as possible. For example, answering noob or "just woke up, what's up" questions with pertinent explanations, or spending some time on IRC explaining things as far as we know and always linking to the most recent official information.

What we do here is, like aminorex keeps hinting, not a zero-sum game. That's the stuff of pumps and dumps. We win if we manage to COOPERATE efficiently (even if we don't trust each other - that's the whole point of the Byzantine Generals problem).

I am anti FUD and I said so (repeatedly). But I'm also not happy when our team does good work and it gets credited to a bunch of lying scammers.

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