elective-stereophonic
elective-stereophonic
Forgers have been faced with a choice...
Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.2

Pages: 1 ... 47 48 [49] 50 51 ... 90

Author Topic: Forgers have been faced with a choice...  (Read 221641 times)

Ezravdb

  • Hero Member
  • *****
  • Karma: +42/-12
  • Offline Offline
  • Posts: 910
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #960 on: August 15, 2014, 03:41:04 pm »

I get the feeling this might be some sort of inside job, Bter just realized it was one of their guys and they now feel confident then can resolve it.

When does the Nxt movie come out?

srsly dude just stfu

you are not funny

it is bitcoinpaul buddy. You now understand why smite has been changed to bitcoinpaul.. lol

 ;D
Logged
head

bitcoinpaul

  • Hero Member
  • *****
  • Karma: +590/-590
  • Offline Offline
  • Posts: 3097
  • Karmageddon
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #961 on: August 15, 2014, 03:41:45 pm »

I get the feeling this might be some sort of inside job, Bter just realized it was one of their guys and they now feel confident then can resolve it.

When does the Nxt movie come out?

srsly dude just stfu

you are not funny

Relax, I lost some NXT too.
Logged
Like my Avatar? Reply now! NXT-M5JR-2L5Z-CFBP-8X7P3

Come-from-Beyond

  • Hero Member
  • *****
  • Karma: +794/-671
  • Offline Offline
  • Posts: 4013
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #962 on: August 15, 2014, 03:42:25 pm »

once TF is implemented, this would take a 90% consensus to do, correct?

In a perfect world it would be 100% but there is latency on the Internet...
Logged

Ezravdb

  • Hero Member
  • *****
  • Karma: +42/-12
  • Offline Offline
  • Posts: 910
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #963 on: August 15, 2014, 03:42:43 pm »

Let's hope they have enough information to follow through and find him.
If so, best outcome by far.

lol the customers are doomed.

remember klee?

Yeah, but kLee didn't have the luxury of a rollback option, so he had no choice but to go after the hacker as soon as he could.

surprise me bter :) catch that thief! xD
Logged
head

ThomasVeil

  • Hero Member
  • *****
  • Karma: +183/-11
  • Offline Offline
  • Posts: 1400
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #964 on: August 15, 2014, 03:43:24 pm »

Confirmation that this is really BTER and that they didn't use the same password for twitter would be nice.

Also: Really hope they don't call it too early like Klee did with his scammer - when he thought he had him.
Won't get my hopes up for the best outcome (guy in jail, money back). Sadly, it would be a first. Not even scammers known by name and address had to return funds - let alone got punished.
Anyways: Go bter! Get the bastard.

Well, I started running 1.2.5b and then changed my mind and started running 1.2.5 again.  If that's not decentralized thinking, I don't know what is.

ROTFL
Logged
ARDOR-BPV3-837M-QZTQ-9DQ69  oxpal.com

kLee

  • Full Member
  • ***
  • Karma: +24/-4
  • Offline Offline
  • Posts: 115
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #965 on: August 15, 2014, 03:43:27 pm »

Let's hope they have enough information to follow through and find him.
If so, best outcome by far.

lol the customers are doomed.

remember klee?
I got 1/4th back - do you know anybody else achieving something like this?
And why do you relate the two incidents? Maybe you know something? Please indulge us...
Logged

Damelon

  • Hero Member
  • *****
  • Karma: +792/-54
  • Offline Offline
  • Posts: 2314
    • View Profile
    • Nxt Inside
Re: Forgers have been faced with a choice...
« Reply #966 on: August 15, 2014, 03:43:27 pm »


Damelon, VanBreuk, CfB....

I suppose you have been in contact with Bter all day, Can you confirm that they are speaking "certainity" and not a sort of bluff that will become in a even worse outcome?

Thanks!

I can shed no light on this, as I just received the first message via Lin and passed it on to Wesley and CfB.

So I just don't know.
Logged
Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
Founder of Blockchain Workspace | Personal Site & Blog

HinnomTX

  • Jr. Member
  • **
  • Karma: +8/-4
  • Offline Offline
  • Posts: 26
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #967 on: August 15, 2014, 03:44:17 pm »

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...
The NXT developers should NEVER have enabled a rollback in the first place. Jean-Luc should not have produced custom software to edit the blockchain.
The custom software ostensibly allowed the community to 'make a choice', but in reality no choice should have been allowed. The coin itself was functioning exactly as it should, and did not have any technical problems.  We are not in the business of bailing out exchanges, and even if we were, we would quickly set up the moral hazard of allowing lazy, insecure exchanges to exist. The parallels to the existing corrupt banking system should be obvious for all to see.
Logged

Pilot

  • Hero Member
  • *****
  • Karma: +47/-7
  • Offline Offline
  • Posts: 1241
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #968 on: August 15, 2014, 03:44:43 pm »

guys don't rollback please. i think hacker will return nxt.

read the change log - its not a complete rollback... the affected BTER account is locked and therefore if successful the theft never happened but the other legitimate TX's will be reconfirmed in the fork that is created.

I am not arguing either way but I think people need to consider what s proposed accurately.

BTW THIS WAS NOT A NXT PASSPHRASE ATTACK - this was due to BTER server passwords!!

EDIT: Another thought the attacker holds between 10-15% of the NXT in circulation - that in itself is a weapon.

Yes, I read the change log, and that is actually different than what I thought would happen. What happens after the blockchain rewrite? BTER has the money but the hacker still has the passphrase? How can BTER move the NXT to a new wallet if that IS is blocked?
Logged

Ezravdb

  • Hero Member
  • *****
  • Karma: +42/-12
  • Offline Offline
  • Posts: 910
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #969 on: August 15, 2014, 03:45:03 pm »

Let's hope they have enough information to follow through and find him.
If so, best outcome by far.

lol the customers are doomed.

remember klee?
I got 1/4th back - do you know anybody else achieving something like this?
And why do you relate the two incidents? Maybe you know something? Please indulge us...

sorry I went to far.

I just am getting a little pissed of because I get the feeling the thief will not get caught, ever
« Last Edit: August 15, 2014, 03:47:07 pm by Ezravdb »
Logged
head

starfishi

  • Hero Member
  • *****
  • Karma: +88/-142
  • Offline Offline
  • Posts: 503
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #970 on: August 15, 2014, 03:45:24 pm »

So, lets say, I just transfered to my business-partner 5 mil NXT for merchandise, which i like, but donĀ“t want to pay. Please, forgers, could you do a rollback, please. I know this all is about a theft, but what is my business, please decide. I say, my business is theft also, so, rollback please, thank you.

Answer my request please. I have to know, on what I can count on ?!
Logged

kLee

  • Full Member
  • ***
  • Karma: +24/-4
  • Offline Offline
  • Posts: 115
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #971 on: August 15, 2014, 03:45:29 pm »

Let's hope they have enough information to follow through and find him.
If so, best outcome by far.

lol the customers are doomed.

remember klee?

Yeah, but kLee didn't have the luxury of a rollback option, so he had no choice but to go after the hacker as soon as he could.
I also had to rely on a volunteer thinking he found him - the only stupid thing I did back then was not to cross check his finding with another expert...

It cost me 3M nxt and the community's 'relaxation' for my case...
Logged

Damelon

  • Hero Member
  • *****
  • Karma: +792/-54
  • Offline Offline
  • Posts: 2314
    • View Profile
    • Nxt Inside
Re: Forgers have been faced with a choice...
« Reply #972 on: August 15, 2014, 03:45:54 pm »


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...
The NXT developers should NEVER have enabled a rollback in the first place. Jean-Luc should not have produced custom software to edit the blockchain.
The custom software ostensibly allowed the community to 'make a choice', but in reality no choice should have been allowed. The coin itself was functioning exactly as it should, and did not have any technical problems.  We are not in the business of bailing out exchanges, and even if we were, we would quickly set up the moral hazard of allowing lazy, insecure exchanges to exist. The parallels to the existing corrupt banking system should be obvious for all to see.

Which is why it's great that it turns out the Nxt community understood this and took the route of showing it knew why we are in crypto.
Logged
Member of the Nxt Foundation | Donations: NXT-D6K7-MLY6-98FM-FLL5T
Join Nxt Slack! https://nxtchat.herokuapp.com/
Founder of Blockchain Workspace | Personal Site & Blog

Wakasaki808

  • Sr. Member
  • ****
  • Karma: +14/-0
  • Offline Offline
  • Posts: 275
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #973 on: August 15, 2014, 03:45:58 pm »

guys don't rollback please. i think hacker will return nxt.

read the change log - its not a complete rollback... the affected BTER account is locked and therefore if successful the theft never happened but the other legitimate TX's will be reconfirmed in the fork that is created.

I am not arguing either way but I think people need to consider what s proposed accurately.

BTW THIS WAS NOT A NXT PASSPHRASE ATTACK - this was due to BTER server passwords!!

EDIT: Another thought the attacker holds between 10-15% of the NXT in circulation - that in itself is a weapon.

Yes, I read the change log, and that is actually different than what I thought would happen. What happens after the blockchain rewrite? BTER has the money but the hacker still has the passphrase? How can BTER move the NXT to a new wallet if that IS is blocked?

Luc was creating a 1.2.5c that locked an account between the bter account and a specific account. Instead of any account like the hackers.
Logged
NXT-98EP-BVRB-WU6B-386RA

coolfish

  • Full Member
  • ***
  • Karma: +6/-0
  • Offline Offline
  • Posts: 140
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #974 on: August 15, 2014, 03:46:25 pm »

Criminal acts should be restored
Major accident should be defended
Logged
MyNxt: 6869673164215466219

kLee

  • Full Member
  • ***
  • Karma: +24/-4
  • Offline Offline
  • Posts: 115
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #975 on: August 15, 2014, 03:47:03 pm »

Let's hope they have enough information to follow through and find him.
If so, best outcome by far.

lol the customers are doomed.

remember klee?
I got 1/4th back - do you know anybody else achieving something like this?
And why do you relate the two incidents? Maybe you know something? Please indulge us...

sorry I went to far.
No worries, I am waiting for theft's GREED and this maybe the opportunity I look for...

He will deeply regret it if he is the same guy.
Logged

Come-from-Beyond

  • Hero Member
  • *****
  • Karma: +794/-671
  • Offline Offline
  • Posts: 4013
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #976 on: August 15, 2014, 03:48:26 pm »

Why is it 720 by the way? Not any other number?

Coz it's max number of blocks within which the blockchain can be reorganized without hurting transactions that were sent with default deadline.
Logged

PoofKnuckle

  • Hero Member
  • *****
  • Karma: +111/-7
  • Offline Offline
  • Posts: 849
  • Your Concern is Noted.
    • View Profile
    • NXT FreeMarket
Re: Forgers have been faced with a choice...
« Reply #977 on: August 15, 2014, 03:48:33 pm »

I think we are witnessing how hard it is to get consensus to rollback even in the relatively small Nxt community..

PoS for the win!  Blockchain is safe :)

This is a relief. I like Bter, I really do - I have had a good experience with them as an exchange, and I like what they did about those stolen funds, but the blockchain is not to be &^%$ed with. If there were a rollback, wouldn't that mean that everyone else who had conducted transactions within the rollback period would have their transactions cancelled? If so, how is that fair? Users need to know that their transactions using NXT are secure, and not subject to reversal because an organization they have nothing to do with screwed the pooch on their own security measures.
Logged
NXT: NXT-WBVP-83YM-FRB3-9MQLY
BM-NBTVHaA41Ejh2G6krD9p5vM62vk84isM

msin

  • Hero Member
  • *****
  • Karma: +138/-18
  • Offline Offline
  • Posts: 1288
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #978 on: August 15, 2014, 03:49:45 pm »

Let's hope they have enough information to follow through and find him.
If so, best outcome by far.

lol the customers are doomed.

remember klee?

Yeah, but kLee didn't have the luxury of a rollback option, so he had no choice but to go after the hacker as soon as he could.
I also had to rely on a volunteer thinking he found him - the only stupid thing I did back then was not to cross check his finding with another expert...

It cost me 3M nxt and the community's 'relaxation' for my case...

Yeah, it was a really shitty situation, anyway, it's good to see you here.
Logged

sepehr

  • Hero Member
  • *****
  • Karma: +44/-6
  • Offline Offline
  • Posts: 810
  • CryptoCurrency Evangelist
    • View Profile
Re: Forgers have been faced with a choice...
« Reply #979 on: August 15, 2014, 03:50:45 pm »



Hahahah



I also started the new NRS on one device and wanted to do it on my other nodes, But this type of actions from BTER avoid me from running 1.2.5b and I'm back to 1.2.5 on all my nodes again!
Let's Face it! 8)  :-[
Logged
Pages: 1 ... 47 48 [49] 50 51 ... 90
 

elective-stereophonic
elective-stereophonic
assembly
assembly