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Author Topic: Forgers have been faced with a choice...  (Read 79232 times)

Come-from-Beyond

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Forgers have been faced with a choice...
August 15, 2014, 08:45:06 am

~50 million NXT has been stolen from BTER.
The money was transferred from NXT-LSC3-VB9T-2W3V-BH7FB to NXT-8WJ7-8A2H-MBYN-3W9K4.
BTER asked Nxt community to help.

The only legit way to do it (without abusing power of developers) is to ask forgers to decide what to do:

Keep forging the current branch with 50M belonging to the thief

OR

Remove the blocks after the theft and forge another branch where 50M will belong to BTER

U still have time to roll the changes back, after 720 blocks on top it will be too late. U should try to reach Jean-Luc to get NRS version that allows to manually delete recent blocks.

PS:
Well, the rollback is cancelled. Dunno if it's good or bad coz I wanted to see what share of the stake would decide to rollback the changes. Taking into account that only small part of the nodes upgraded to 1.2.5b I can guess that only a small part agreed to play this game. But still...
« Last Edit: August 15, 2014, 03:36:54 pm by Come-from-Beyond »

freeworm

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Update:

A new version is released. Forgers, please update to this version and help us to get the funds back!
It will only affect the transactions from the stolen account.

https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-client-1.2.5d.zip


This is the dev of Bter. Confirmed.

I am really sorry for this.
Several hours ago one of our hosting accounts was hacked and the hacker got 50m NXT from this server.
It's totally our fault and we are trying our best to cover all the loss.
However 50m nxt is huge for us, we cannot afford it at the moment.

All the nxt is till in his address at

http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=1244396688755618309


We are trying to get help from the dev and the community to  agree to rollback the blockchain to 3-4 hours ago.
We are going to cover all the loss due the rollback.

Best,
Lin @ Bter
« Last Edit: August 15, 2014, 09:08:36 pm by freeworm »

wesley

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We need everyone to be online today and ready for forging when a new version is released.

Note: I take no stance in this, community decides on what to do..
« Last Edit: August 15, 2014, 09:57:05 am by wesleyh »

Come-from-Beyond

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We need everyone to be online today and ready for forging when a new version is released.

60-70% (51% + some more to outpace current branch) of forging power should be enough, coz 90% protection is not active yet.

qbd1313

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let us do it,give back to bter

freeworm

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We need everyone to be online today and ready for forging when a new version is released.

We are going to keep our cold wallet forging all though it's a small portion.

Cassius

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I say do it.
This can't be a long-term solution - we won't be able to keep doing this. But for now lets make use of the ability.
I head up content for BitScan, crypto business hub.

freeworm

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let us do it,give back to bter

Thanks  lot for your support! I remember you gave us good suggestions when we were processing Klee's stolen funds.

nexern

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yes, rewind.

Ezravdb

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My funds were on there!
Feel so stupid now :(
head

longzai1988

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Maybe broadcast an email to users that we are facing this issue?
10533725144527397164 NXT-HSBE-8PWL-CUCD-BHUD6
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Cassius

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Maybe broadcast an email to users that we are facing this issue?

Yes - good idea, forum message to everyone.
I head up content for BitScan, crypto business hub.

Squeaker

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Do we have any idea what other transactions are going to be impacted by this move?

=squeak=

Ezravdb

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I remember MintPal did the same with Vericoin
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Damelon

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Maybe broadcast an email to users that we are facing this issue?

Yes - good idea, forum message to everyone.

Done!

People, we have a choice here, as stated in the OP!

WE need to decide!

CfB wants to hear whether we should do a rollback or solve this with forging!

Devs can do nothing without community support and permission.

Please post here what you want!
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lezin

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I'am in, please post the version and the instruction here ...
I just have 100 000 NXT but my  server is the fifth in weigth on peerexplorer... I hope it will help a bit :)

yassin54

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Maybe broadcast an email to users that we are facing this issue?

Yes - good idea, forum message to everyone.

Done!

People, we have a choice here, as stated in the OP!

WE need to decide!

CfB wants to hear whether we should do a rollback or solve this with forging!

Devs can do nothing without community support and permission.

Please post here what you want!

i agree  ;D ;D

swartzfeger

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Rollback.

And bter needs to ensure us the problem has been addressed and what's being done to avoid similar situations in the future.
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ceric35

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This is a hard choice.
We can't relly rewrite the past in a decentralized system.

But we still have the time. So i'm in too.

qbd1313

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we should do a rollback we have no choice..
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