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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cryptohunter on May 03, 2014, 12:24:00 PM



Title: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: cryptohunter on May 03, 2014, 12:24:00 PM
What is happening with that coin, does anyone have the original source?... nobody checked it out?

or is that dev just playing with the entire asiacoin community?  says he's relaunching the coin now in the thread title?

rumours of 300M 600M and 3BILLION ?? ?? ?? HEHE YUMMY


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: cryptohunter on May 03, 2014, 12:28:27 PM
the coin is finished then since the entire minting was meant to be around 300M

lol nobody checks the source these days it seems.

how big exactly was the premine?  300M or 600M i keep hearing different accounts.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: cryptohunter on May 03, 2014, 12:32:35 PM
the coin is finished then since the entire minting was meant to be around 300M

lol nobody checks the source these days it seems.

how big exactly was the premine?  300M or 600M i keep hearing different accounts.
dev said it was 600M afterwords, but what set the whole thing off where discoveries of transactions sending 350M.

600M premine? on a total minting of 300m coins?  i like it.

Coin is done now. day traders seem unaware though i still see buying happening.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: TTM on May 03, 2014, 12:35:51 PM
It's not 300m premine.

It's nice 3 BILLION coin premined.

The dev fooled user by compromising command "getinfo" and other commands.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: cryptohunter on May 03, 2014, 12:41:55 PM
It's not 300m premine.

It's nice 3 BILLION coin premined.

The dev fooled user by compromising command "getinfo" and other commands.
dead coin then... 3 billion premine :)


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: cryptohunter on May 03, 2014, 12:47:57 PM
b54127e3ffaaee9d46293ea4108e3e48ac7cc4f8467104f3f029009b5a5f2ba3

1224598296195318dee8c64c2dd23df0bee85a596370ce380ce9b4891c15eadd

3aeba2fc0d1ad88894488c6a7eef557a68cd602cbb0dede6e6fc2031196d4012

4e481780a9403c9a0c7404abe3b9d42bab27757c0432191992ac500d217a0879


these are over 1.3 billion AC in total.... coming all from the same 1st block which contained 3240000100 AC.


Title: null
Post by: CrazyLoaf on May 03, 2014, 01:07:06 PM
null


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: cryptohunter on May 03, 2014, 01:12:21 PM
is the dev crazy...

"it seems the first block had a huge amount of coins"?

he didn't notice this before?


Title: null
Post by: CrazyLoaf on May 03, 2014, 01:28:11 PM
null


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: twospirit on May 03, 2014, 01:38:05 PM
just wow...  ;D


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: Oldminer on May 03, 2014, 01:49:00 PM
Oh my...


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: TTM on May 03, 2014, 01:55:57 PM
Hey cryptohunter, you're spreading misinformation, please edit your title and OP.

It's 3.2 billion coin premine, not 300-600m as your title saying  ;D


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 300-600 MILLION PREMINE?
Post by: cryptohunter on May 03, 2014, 02:01:32 PM
Hey cryptohunter, you're spreading misinformation, please edit your title and OP.

It's 3.2 billion coin premine, not 300-600m as your title saying  ;D

yep sorry .... let me update that now :)


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: TrollboxChamp on May 03, 2014, 02:07:28 PM
Oh my god.... This guy is going to have people after him.

I am a bit nervous...  :-X


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: cryptohunter on May 03, 2014, 02:12:07 PM
Oh my god.... This guy is going to have people after him.

I am a bit nervous...  :-X

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


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: TrollboxChamp on May 03, 2014, 02:19:32 PM
Oh my god.... This guy is going to have people after him.

I am a bit nervous...  :-X

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.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: cryptohunter on May 03, 2014, 02:30:29 PM
Oh my god.... This guy is going to have people after him.

I am a bit nervous...  :-X

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


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: yui on May 03, 2014, 04:32:15 PM
It's still a safe coin to invest the rest of our savings into, though, right?


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: tokyoghetto on May 03, 2014, 05:58:26 PM
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.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: PereguineBerty on May 03, 2014, 06:13:53 PM
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?


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: Hollowman338 on May 03, 2014, 06:15:19 PM
Bum bum bum, another one bites the dust..


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: Spoetnik on May 03, 2014, 06:17:12 PM
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.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: Hollowman338 on May 03, 2014, 06:23:04 PM
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  :D :D :D :D :D

http://upload.wikimedia.org/wikipedia/commons/1/19/Train_wreck_at_Montparnasse_1895.jpg


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: XbladeX on May 03, 2014, 07:43:59 PM
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


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: hiddensphinx on May 04, 2014, 06:58:14 AM
shoot the bastard  :o


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: FrigidWinter on May 04, 2014, 07:47:24 AM
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;


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: JiePanXia on May 04, 2014, 08:25:31 AM
a premine scam.
the dev want to fool ppl twice with AC v2.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: micryon on May 04, 2014, 08:32:22 AM
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 (https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform)

and posted an analysis of the code markers here: https://bitcointalk.org/index.php?topic=566870.msg6535095#msg6535095

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



Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: 01001011 on May 04, 2014, 09:04:31 AM
can you tell us which other coins had the same scam code?


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: Spoetnik on May 04, 2014, 09:06:37 AM
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 (https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform)

and posted an analysis of the code markers here: https://bitcointalk.org/index.php?topic=566870.msg6535095#msg6535095

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



good job  :)


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: micryon on May 04, 2014, 09:18:44 AM
can you tell us which other coins had the same scam code?

Thread here: https://bitcointalk.org/index.php?topic=595056.0



Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: 01001011 on May 04, 2014, 09:26:10 AM
thanks!


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: mullick on May 04, 2014, 10:48:22 AM
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%


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: reRaise on May 04, 2014, 10:53:42 AM
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 (https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform)

and posted an analysis of the code markers here: https://bitcointalk.org/index.php?topic=566870.msg6535095#msg6535095

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.


Title: Re: WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?
Post by: r0ach on May 04, 2014, 11:16:16 AM
https://i.imgur.com/d7xXzta.jpg

https://i.imgur.com/6CWVYKs.jpg

https://i.imgur.com/TOfVaWf.jpg