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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Ruxum on September 12, 2011, 10:52:04 PM



Title: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Ruxum on September 12, 2011, 10:52:04 PM
Due to the credible threat of a pending attack on Namecoin, we are going to close both Namecoin withdraws/deposit AND trading soon.  

The attack threat is to re-write the blockchain back to block 10,000.

https://bitcointalk.org/index.php?topic=43465.0

All Namecoin traders on Ruxum need to withdraw all of your coins from Ruxum as soon as possible.  

We will be closing Namecoin trading and withdraw on Friday September 16, 2011 at 00:01  OR Namecoin block 19000, whichever comes sooner.

Please withdraw your Namecoin as soon as possible as we can not be responsible for Namecoins not withdrawn before the above deadline due to the nature of the threatened pending attack on Namecoin.  

Namecoin trading, deposits and withdraw is fully operational before the deadline.  Bitcoin trading, deposit and withdraw is not affected in any way.

We do not yet know if we will re-open Namecoin trading.

Thank you for your understanding.

UPDATE: Thurs Sept 15, 9:30pm EST
- It appears that the NMC blockchain has been forked.  Both Bitparking and Ruxum have agreed to support the original blockchain with merged mining scheduled to start at 19200.
- NMC withdraw and deposit will close in 6 hours from now.   We don't know when deposit and withdraw will open again so if you need your coins, please withdraw asap.
- NMC trading at Ruxum will remain open for the time being.
- For a fully operational exchange, we will require a fix for the time travel exploit + smooth transition to merged mining past block 19200. 
- We are suggesting the NMC project provide a mandatory 0.63 release with these upgrades and other known exploits and that the time travel fix takes place also at 19200.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: casascius on September 12, 2011, 11:28:53 PM
get merged mining jumpstarted and solicit help from pools without requiring them to abandon their likely custom bitcoind....that should thwart this...

if the only change needed to bitcoind were to paste in a patch for "putwork" (to supply bitcoind with the 32-byte namecoin merkle root) and recompile, I can't imagine a technical reason why they'd shun it.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Bobnova on September 13, 2011, 12:18:31 AM
Block 19100 is the start of the The Namecoin Security Test.

This gives everyone about 10 days to work it out. I would love nothing more than to see the Namecoin leadership successfully thwart this.
I would suggest some rapid client updating the difficulty, fixing the time stamp exploits and potential license mining.

The only way now you will defeat this with hash power is to get BTC, Deepbit or another pool to rescue you.

The purpose of this is information and research only. The "Skynet" Test pool will go online hopefully by tomorrow. We are generating certificates for secure access while building the pool. Currently we are at nearly 1 Tera Hash in committed miners. I am absolutely shocked at what started out as a solo project has grown into this mass effort.

In the end this will benefit Bitcoin.

Withdrawing namecoins serves absolutely no purpose if the past 9000 blocks worth of transactions (including those withdrawing namecoins) cease to exist.
Were I an exchange I would be seriously pissed off, they've paid BTC and real USD for coins that are about to cease to exist.

If you honestly wanted to benefit bitcoin you could make your own fork identical to it, and 51% attack yourself.
Then nobody looses money and you don't murder a currency.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Maged on September 13, 2011, 12:51:57 AM
Currently we are at nearly 1 Tera Hash in committed miners.
Bullshit. Remind me, why are we even listening to this troll?


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Bobnova on September 13, 2011, 01:03:04 AM
Boredom?


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 01:44:37 AM
Currently we are at nearly 1 Tera Hash in committed miners.
Bullshit. Remind me, why are we even listening to this troll?

Because it isn't bullshit, we've demonstrated it.
Troll, an over used adjective that translates into anyone making a statement that someone disagrees with.
Do you think DoubleC or Ruxum are are run by people that don't know what they are doing?

Can you explain the 20,000 block generation in 73 minutes on Geist Geld, I think not, but I can. It wasn't my creation, it was ArtForz, we simply ran with it.

Block 19102 will be the point truth now won't it?

Wow someone is definitely getting cocky and arrogant.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: CoinHunter on September 13, 2011, 01:47:04 AM
The fact these "hackers" are allowed to post here even though some of them have already caused monetary loss to others is surprising. By helping facilitate people known to have done such things the forum owners themselves could be liable for damages. And I'd advise anyone affected to date by such things to look into it.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: kjlimo on September 13, 2011, 02:20:23 AM
The fact these "hackers" are allowed to post here even though some of them have already caused monetary loss to others is surprising. By helping facilitate people known to have done such things the forum owners themselves could be liable for damages. And I'd advise anyone affected to date by such things to look into it.

... says CoinHunter?  I'd recommend posting thoughts of this nature under a new name... heh


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: FlipPro on September 13, 2011, 02:35:47 AM
The fact these "hackers" are allowed to post here even though some of them have already caused monetary loss to others is surprising. By helping facilitate people known to have done such things the forum owners themselves could be liable for damages. And I'd advise anyone affected to date by such things to look into it.

... says CoinHunter?  I'd recommend posting thoughts of this nature under a new name... heh
Coinhunter (like him or not) has been pretty consistent with his personality/results from the start.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 02:44:04 AM
The fact these "hackers" are allowed to post here even though some of them have already caused monetary loss to others is surprising. By helping facilitate people known to have done such things the forum owners themselves could be liable for damages. And I'd advise anyone affected to date by such things to look into it.

... says CoinHunter?  I'd recommend posting thoughts of this nature under a new name... heh
Coinhunter (like him or not) has been pretty consistent with his personality/results from the start.

+1 Yes he has. BitcoinEXpress has flip flopped on his claimed motives for his actions.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: casascius on September 13, 2011, 03:12:29 AM
I have backed up the Namecoin block chain and have shut down my namecoind.

If this attack succeeds, I assume that it can be reversed by patching namecoind to reject this new chain.

This attack would be a non-issue if we were already doing merged mining.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 03:15:42 AM
I have backed up the Namecoin block chain and have shut down my namecoind.

If this attack succeeds, I assume that it can be reversed by patching namecoind to reject this new chain.

This attack would be a non-issue if we were already doing merged mining.

Good point. If we all choose to not use his forked namecoin chain then he can go play with himself and his pointless namecoins and register himself domains forever and ever so he can visit them by himself.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: gusti on September 13, 2011, 03:19:47 AM
I have backed up the Namecoin block chain and have shut down my namecoind.

If this attack succeeds, I assume that it can be reversed by patching namecoind to reject this new chain.

This attack would be a non-issue if we were already doing merged mining.


can this or similar countermeasure be automatically deployed in case of attack ?


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 03:26:00 AM
I have backed up the Namecoin block chain and have shut down my namecoind.

If this attack succeeds, I assume that it can be reversed by patching namecoind to reject this new chain.

This attack would be a non-issue if we were already doing merged mining.


can this or similar countermeasure be automatically deployed in case of attack ?

Because of the nature of the attack I think this has to be a manual effort. I could be wrong.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: gusti on September 13, 2011, 03:29:41 AM
I have backed up the Namecoin block chain and have shut down my namecoind.

If this attack succeeds, I assume that it can be reversed by patching namecoind to reject this new chain.

This attack would be a non-issue if we were already doing merged mining.


can this or similar countermeasure be automatically deployed in case of attack ?

Because of the nature of the attack I think this has to be a manual effort. I could be wrong.


not so bad if a massive attack on the bitcoin blockchain can be reversed by patching and upgrading all the clients


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Maged on September 13, 2011, 03:49:39 AM
Currently we are at nearly 1 Tera Hash in committed miners.
Bullshit. Remind me, why are we even listening to this troll?

Because it isn't bullshit, we've demonstrated it.
Troll, an over used adjective that translates into anyone making a statement that someone disagrees with.
Do you think DoubleC or Ruxum are are run by people that don't know what they are doing?

Can you explain the 20,000 block generation in 73 minutes on Geist Geld, I think not, but I can. It wasn't my creation, it was ArtForz, we simply ran with it.

Block 19102 will be the point truth now won't it?
Let me put it this way: You're saying that you have more hashing power than every pool other than Deepbit, btcguild, and Slush. Additionally, that's without having even advertised your rouge pool on this forum.

Please tell me how you actually expect us to believe that.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Tomatocage on September 13, 2011, 03:55:30 AM
Let me put it this way: You're saying that you have more hashing power than every pool other than Deepbit, btcguild, and Slush. Additionally, that's without having even advertised your rouge pool on this forum.

Please tell me how you actually expect us to believe that.
He says he works at Apple, and if that's the case, especially if he works in a HW lab, he has access to a TON of equipment.  Can you corroborate his IP with that of Apple Inc?  It would be a shame if he were wasting valuable corporate resources and/or time on either coordinating an attack or browsing these forums on company time.

Anybody down for a social attack on BitcoinEXpress, just for the lulz?  I mean, it'd be for his own good anyway so he can better protect himself in the future. :D


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 04:01:28 AM
Let me put it this way: You're saying that you have more hashing power than every pool other than Deepbit, btcguild, and Slush. Additionally, that's without having even advertised your rouge pool on this forum.

Please tell me how you actually expect us to believe that.
He says he works at Apple, and if that's the case, especially if he works in a HW lab, he has access to a TON of equipment.  Can you corroborate his IP with that of Apple Inc?  It would be a shame if he were wasting valuable corporate resources and/or time on either coordinating an attack or browsing these forums on company time.

Anybody down for a social attack on BitcoinEXpress, just for the lulz?  I mean, it'd be for his own good anyway so he can better protect himself in the future. :D

I'm down. What city did he say he worked in? I know it was one outside the United States.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: paraipan on September 13, 2011, 04:17:25 AM
Let me put it this way: You're saying that you have more hashing power than every pool other than Deepbit, btcguild, and Slush. Additionally, that's without having even advertised your rouge pool on this forum.

Please tell me how you actually expect us to believe that.
He says he works at Apple, and if that's the case, especially if he works in a HW lab, he has access to a TON of equipment.  Can you corroborate his IP with that of Apple Inc?  It would be a shame if he were wasting valuable corporate resources and/or time on either coordinating an attack or browsing these forums on company time.

Anybody down for a social attack on BitcoinEXpress, just for the lulz?  I mean, it'd be for his own good anyway so he can better protect himself in the future. :D

I'm down. What city did he say he worked in? I know it was one outside the United States.

i think you should leave aside personal attacks and thanks these guys for making it public, they even gave some time to take measures

just make sure you keep your node running with the original blockchain in place, the fork will not be accepted by default, and stop transacting any coins. Please read up some more on the bitcoin protocol

@viperjbm man you have time to write those long posts and don't dedicate some to educate yourself into how blockchains work


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: MrWizard on September 13, 2011, 04:21:18 AM
Let me put it this way: You're saying that you have more hashing power than every pool other than Deepbit, btcguild, and Slush. Additionally, that's without having even advertised your rouge pool on this forum.

Please tell me how you actually expect us to believe that.

Maybe because he is lying and pulling a war of the worlds style attack on the cryptocurrency community?  Can he do it?  I have no doubt that he can, does he have a legitimate Terrahash to throw at it? Doubtful unless he has some of those pools backing him.  The one thing I think he has proved is how fickle and two faced the community is, I mean when Artforz attacked Solidcoin he is treated like some champion saint, but when BTCExpress mentions he is going to attack Namecoin you are all up in arms...  maybe I'm dumb but it doesn't make sense to me?...

You all really need to get your heads on straight and learn to have some integrity and principles.  There is really no difference in this case vs. what Artforz did, now the next half dozen posts will probably try to argue otherwise but I guarantee they will be based off the same false logic.

Both would be malicious attacks on a valid production cryptocurrency - scope does not matter, delusions of what constitutes a valid co-currency are also a non-issue.
Both could have been performed in isolated test networks but both would have been done "to prove a point" or worse in Artforz's case out of vengeance - In neither case did anyone have to harm the integrity of a live system hurting unknown numbers of innocent bystanders to "prove their points"
In both cases the malicious offenders don't really understand what they are doing - Artforz didn't realize he would crash people's nodes, BTCExpress has no clue what side ramifications this will have if he really does pull it off.

At best BTCExpress is trying to save namecoin by getting a bunch of miners who wouldn't have otherwise mined namecoin to help them out of charity to get to the point where merged mining will kick in, and for that I think he is probably doing a SPECTACULAR job.  At worst he is getting a chuckle out of the War of the Worlds scare he has brought onto the whole community.

Am I going to say he won't do it?  Well no that would be dumb, people need to protect their selves... am I suggesting that it likely won't happen, in my opinion that is correct.
I too feel it is a war of words.  I don't think he has 1TB hash or even 60G hash.  But you never know.  In one post of his that I read he mentions he has 1 GB of hash power...


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: paraipan on September 13, 2011, 04:44:09 AM
@Mr Wizard

I think the creator of GeistGeld can readily verify that I have 68 GH/s of my own.



nice to hear that, lots of hashes :)
thanks for making this security test for all of us, would be nice to have some results after you finish though


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Maged on September 13, 2011, 04:51:27 AM
As far as believing, we have proven it to the right people. Gavin and others are aware of this exploit but have kept quiet about it.
Very well, I'll defer to them, in this case.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Maged on September 13, 2011, 04:55:43 AM
@Mr Wizard

I think the creator of GeistGeld can readily verify that I have 68 GH/s of my own.



nice to hear that, lots of hashes :)
thanks for making this security test for all of us, would be nice to have some results after you finish though

Glad you like it, he also claims he can do it with as little as 25% of the power.... would seem to me doing it to Bitcoin itself in not that far outside his reach with all the support you all have for these "testers", will that be the next great test, he does need to know the limits after all.  Am I right people?  Ya BTCExpress, just go straight for Bitcoin, that after all is the MOST realistic test, a lot of people here would love to see your data.
This attack is only really possible at over 90% power (which he seems to have), unless he actually found a exploit in the code itself. Personally, I think that he just thinks he found a "design flaw", but we'll see. He'll be able to do this attack with this much power, anyway.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: paraipan on September 13, 2011, 04:59:42 AM
@Mr Wizard

I think the creator of GeistGeld can readily verify that I have 68 GH/s of my own.



nice to hear that, lots of hashes :)
thanks for making this security test for all of us, would be nice to have some results after you finish though

Glad you like it, he also claims he can do it with as little as 25% of the power.... would seem to me doing it to Bitcoin itself in not that far outside his reach with all the support you all have for these "testers", will that be the next great test, he does need to know the limits after all.  Am I right people?  Ya BTCExpress, just go straight for Bitcoin, that after all is the MOST realistic test, a lot of people here would love to see your data.
This attack is only really possible at over 90% power (which he seems to have), unless he actually found a exploit in the code itself. Personally, I think that he just thinks he found a "design flaw", but we'll see. He'll be able to do this attack with this much power, anyway.

it is a design flaw Maged  https://bitcointalk.org/index.php?topic=43692.msg521772#msg521772


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Maged on September 13, 2011, 05:31:52 AM
@Mr Wizard

I think the creator of GeistGeld can readily verify that I have 68 GH/s of my own.



nice to hear that, lots of hashes :)
thanks for making this security test for all of us, would be nice to have some results after you finish though

Glad you like it, he also claims he can do it with as little as 25% of the power.... would seem to me doing it to Bitcoin itself in not that far outside his reach with all the support you all have for these "testers", will that be the next great test, he does need to know the limits after all.  Am I right people?  Ya BTCExpress, just go straight for Bitcoin, that after all is the MOST realistic test, a lot of people here would love to see your data.
This attack is only really possible at over 90% power (which he seems to have), unless he actually found a exploit in the code itself. Personally, I think that he just thinks he found a "design flaw", but we'll see. He'll be able to do this attack with this much power, anyway.

it is a design flaw Maged  https://bitcointalk.org/index.php?topic=43692.msg521772#msg521772
You are right about the difficulty issue - that is indeed a serious flaw. But it still doesn't bypass the need for a higher sum-of-difficulty. It'll still be hard to rewrite from block 10000, which is, in my opinion, more of an issue.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 05:38:53 AM
@Mr Wizard

I think the creator of GeistGeld can readily verify that I have 68 GH/s of my own.



nice to hear that, lots of hashes :)
thanks for making this security test for all of us, would be nice to have some results after you finish though

Glad you like it, he also claims he can do it with as little as 25% of the power.... would seem to me doing it to Bitcoin itself in not that far outside his reach with all the support you all have for these "testers", will that be the next great test, he does need to know the limits after all.  Am I right people?  Ya BTCExpress, just go straight for Bitcoin, that after all is the MOST realistic test, a lot of people here would love to see your data.
This attack is only really possible at over 90% power (which he seems to have), unless he actually found a exploit in the code itself. Personally, I think that he just thinks he found a "design flaw", but we'll see. He'll be able to do this attack with this much power, anyway.

it is a design flaw Maged  https://bitcointalk.org/index.php?topic=43692.msg521772#msg521772
You are right about the difficulty issue - that is indeed a serious flaw. But it still doesn't bypass the need for a higher sum-of-difficulty. It'll still be hard to rewrite from block 10000, which is, in my opinion, more of an issue.


Yesterday I dropped the difficulty of Geist Geld to 0.6 and held it there for 73 minutes while I mined 20,000 blocks without a single orphan. The same flaw exist in NMC and I absoultely will never attack Bitcoin. I have too many put away for that.

Yes we can all count on this never happening given his inconsistent motives and restatements and backpedaling on motives and changing objectives.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: johnj on September 13, 2011, 05:43:42 AM
Cheers BitXpress.

I think this is great. Though I kinda feel bad for the NMC miners, I think a live test like this is needed sometime down the road - why not now?

If GE or Apple or someone (or the Fed, whoever) drop a couple of million on hardware to try this on Bitcoin before it gets fixed, there is a bigger issue than an alt chain being experimented on.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 05:46:02 AM
Cheers BitXpress.

I think this is great. Though I kinda feel bad for the NMC miners, I think a live test like this is needed sometime down the road - why not now?

If GE or Apple or someone (or the Fed, whoever) drop a couple of million on hardware to try this on Bitcoin before it gets fixed, there is a bigger issue than an alt chain being experimented on.

Point taken. But the messed up thing is that merged mining which would help secure the namecoin network is supposed to take place in about 250 blocks and he is doing this attack in the name of bitcoin/science as a way to test the network to prevent attacks like this. But he doesn't realize that merged mining would remove this flaw. But of course he being a douche thinks he is doing all of us a favor.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: johnj on September 13, 2011, 05:50:36 AM
Right, umm ya this is very useful! Fixes for this could never happen if you don't maliciously attack a live network people have vested time, effort and money into.  Well said Johnj!  I feel as retarded as you are now!  It feels great!

Edit:

Yeah, I see your sarcasm.  I just disagree with your perspective.

Have a nice day.



Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: DutchBrat on September 13, 2011, 05:56:15 AM
Davinci is trying to get hashing power to his pool to help save Namecoins

He's paying miners BTC in exchange for the NMC they mine or you get to keep the NMC, whatever you like. He's paying the BTC out of his own pocket

Check it out ! https://bitcointalk.org/index.php?topic=33612.msg522633#msg522633

It's ready!

I pay just under 20% more than what deepbit will pay help save Namecoins!

Just click PPS check box beside your worker and BOOM you are getting paid btc I keep the NMC however you can get proportional namecoins if you like.

Your shares are updated once a NMC block is found so the more blocks we find the faster you BTC end up in your wallet.

Brat


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: sharky112065 on September 13, 2011, 09:14:26 AM
You do realize the only reason BitcoinEXpress and ArtForz are attacking other chains is to cause panic and lower the BTC price on the market. They both have substantial BTC saved up and every time they can get the price lower, they make bank on the upswing when the dust settles. They can say it is to strengthen the Bitcoin network, but I know otherwise. If that was their true goal then test networks would be involved instead of live chains.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 10:07:49 AM
You do realize the only reason BitcoinEXpress and ArtForz are attacking other chains is to cause panic and lower the BTC price on the market. They both have substantial BTC saved up and every time they can get the price lower, they make bank on the upswing when the dust settles. They can say it is to strengthen the Bitcoin network, but I know otherwise. If that was their true goal then test networks would be involved instead of live chains.

+1


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Lolcust on September 13, 2011, 10:10:41 AM
Well, from personal experience ArtForz  is a very civilized and helpful individual who will gladly help out in tightening stuff up and patching  vulnerabilities.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Spacy on September 13, 2011, 10:14:44 AM
Well, from personal experience ArtForz  is a very civilized and helpful individual who will gladly help out in tightening stuff up and patching  vulnerabilities in Bitcoin.

Fixed it for you :)


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Lolcust on September 13, 2011, 10:44:50 AM
Well, from personal experience ArtForz  is a very civilized and helpful individual who will gladly help out in tightening stuff up and patching  vulnerabilities in Bitcoin.

Fixed it for you :)

*Looks at new and improved Geist code*

*Looks at Spacy*

*Looks at new and improved Geist code*

*Looks at Spacy*

*Looks at new and improved Geist code*

*Looks at Spacy*

 ???

Um, dude...
...I think you're not supposed to smoke your giga-hashes  :D


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: caston on September 13, 2011, 11:23:38 AM
This place has really gone down hill since IXcoin. It's accelerating to a kind of singularity but one where the man on the street is going the way of the dodo.

I think the next alternate block chain project is going to require licensed mining.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 07:46:30 PM
This place has really gone down hill since IXcoin. It's accelerating to a kind of singularity but one where the man on the street is going the way of the dodo.

I think the next alternate block chain project is going to require licensed mining.

Agreed.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: coinjedi on September 13, 2011, 07:56:02 PM
I've just approved a bet on the success of the attack:
http://betsofbitco.in/item?id=101 (http://betsofbitco.in/item?id=101)


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Cosbycoin on September 13, 2011, 10:28:29 PM
I've just approved a bet on the success of the attack:
http://betsofbitco.in/item?id=101 (http://betsofbitco.in/item?id=101)

Whats the biggest bet you are willing to accept?

Yeah that would make sense bet on the game with patriot vs greenbacks and then make sure you are betting with the head coach of the patriots on who is going to win the game.

lol


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: coinjedi on September 14, 2011, 03:24:32 PM
I've just approved a bet on the success of the attack:
http://betsofbitco.in/item?id=101 (http://betsofbitco.in/item?id=101)

Whats the biggest bet you are willing to accept?

You can bet ANY amount you want. But note that this is pooled betting (or technically parimutuel betting), you can only win as much as your challengers want to bet. Current total bet amounts are in green and red bubbles. You can read more on our help page.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: joulesbeef on September 15, 2011, 03:23:09 AM
now it is a security test.. lol no longer an lethal alt chain killer.

Got to love how he steps back from the brink.

Quote
If that was their true goal then test networks would be involved instead of live chains.

what have him follow the proper procedures? LOL. The guy is being dangerous that is for sure, playing with peoples money and hacking networks that didnt ask for pen testing.

it does amaze me that the forum allows him to continue to post here when he is no better than any scammer.


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Luigi on September 15, 2011, 07:16:12 AM
Whats the biggest bet you are willing to accept?
Hey BitEXpress, according to the bet most people seem to think your threat is just idle. And in fact, if you'd be that sure about it -with all that boasting your doing- you had already put a high stake on the 51-attack being successful ;)


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: CoinHunter on September 15, 2011, 07:26:32 AM
It wasn't an idle threat, I've lethally demonstrated it twice, Once on Geist Geld and Once on the SC testnet for CH on his ver 1.10 hence his rapid shutdown. Withdrawing the attack due to a negotiated settlement.

Oh the testnet now! You know, there is no one on the testnet, and the testnet also doesn't work in any released 1.10 client. Ouch, the lies keep building don't they.

Hey everyone, BitcoinExpress used the testnet (which doesn't work in 1.10) and attacked the SC testnet!! Believe him!!! I do and I'm scared :(


Title: Re: Namecoin attack threat - Please withdraw your Namecoins ASAP
Post by: Ruxum on September 16, 2011, 01:52:16 AM
Please see the important update in original post.