Was this double spend after or before the double spend attacks started? If after, then the exchange is completely to blame for not stopping TRC deposits upon the first double spend hitting the network.
the exchange is with no doubt to blame for not stopping the unusual activity on TRC... vircurex did, other raised the confirmation up to 100, bter stood still at 4 confirmations and let massive and unusual trading to take place for more the 24 hrs. I mean when I saw that massive dumping I bought something and I took a huge risk, in fact everybody was talking about TRC to be screwed up and worth nothing, so to me the dumper could have been just a guy with lots of them just scared to lose his money and wanting out. but that was indeed suspicious to me. since my activity is arbitrage coins I saw the opportunity and even if I thought it was very risky I bought some in order to sell somewhere else at higher price. NOW, what I want to know here: the coins the bastard sold on BTER have disappeared OR NOT?? cause it doesn't look like to me... the ones I was able to move out of BTER are sitting on my other accounts and have NOT disappeared. so how could BTER affirm the coins have disappeared... the only coins that might have disappeared after block 175k are the ones the bastard couldn't sell which are still sitting on his account... ...unless, and here I prove I don't know how exchanges really works, the buying/selling trades on each exchange aren't really settled until the coins are moved from the buyer to another address. in this case everything that's still on BTER truly disappeared, except the coins that buyers were able to move out of their BTER account. am I right? |
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Yeah that's why the dev didn't roll things back to before the attack, because of the valid trades the exchanges had done/etc and they rely on the chain remaining intact as best as possible. have those coins disappeared or not? I still don't understand. if I bought some on BTER (which actually I did) and sold them on there or on another exchange, did those who bought from me see the trc disappear after block 175k??? this sounds impossible to me! in fact I was able to move like 18 coins I bought on bter (most likely from the attacker) to another exchange and I still see them! they have not disappeared anywhere. I still own them, as I think any other buyer do. please explain.. this is fishy. if BTER says the coins have disappeared when actually they have not, in reimbursing the buyers at the price they bought, they keep the TRC for themselves and do make a profit selling them at current prices. not so much as taking a loss... come on! please explain!! thanks |
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wouldn't have been better to keep those coins as valid, so to let the attacker keep his profits without harming specific people (like bter in this case), at the end of the story he didn't cause any harm apart from an increased inflation and dilution of the coin...which basically it's what central banks do everytime they print new money out of nothing.
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wait wait.. if the bastard moved 120k trc and sold half of them on BTER, how did they disappear? aren't they on the account of the people who bought them? or just HIS coins he was unable to sell disappeared?
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Next difficulties will be:
304455
348553
382574
404237
412645
408217
392442
367529
336037
300544
block 039 in fact has 304518 difficulty, so your calculation looks pretty much accurate, does that mean that we will have 1 block per day at this pace? |
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weird that with all these problems price actually rose on btc-e up to 160 and now currently at 146 well above yesterday prices. so what's with block 038? are we stuck there, any chance for the block chain to resume regularly? if the attacker has all these coins he wouldn't want the coin to die I guess, cause he'd lose all, wouldn't he?
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Next difficulties will be:
304455
348553
382574
404237
412645
408217
392442
367529
336037
300544
how do you get those? that means a block every few hrs |
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17 minutes between block 37 and 38, 30 minutes since 38 and still waiting for 39... experts? what's your take? what happened? price on btce has risen from 137 to 143, which is to be taken as a positive...
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new block 038 difficulty 253k... weird, isn't it? what's happening, any expert to answer this question?
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seems difficulty has overshot the other way, 198k and blockchain stuck at 175037
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we just hit block 175000
now? blocks seem to be generated at same high pace... difficulty is already on the rise though
how long will it take to get back to normal?
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I wonder what happens when #175000 is reached. Attacker seems to have a lot of power.
How long is the sampling interval for difficulty changes?
I'm asking the same questions, 800 block to 175000, then what? scenarios? can some expert outline some possible outcomes? |
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many thanks if the transaction is recorded on the blockchain then it is an issue with the recipient simply not giving credit. There is no such thing as "not complete". A transaction is either confirmed or it isn't confirmed. very much appreciated. in fact the amount is withheld by the exchange without any official statement on the matter |
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I'll ask again and an answer from experts will be very much appreciated:
what's the issue with trasferring TRC right now? yesterday everything was still working, 100 confirmations were required by many exchanges but the trasfers were still working, then since last night (CET time) they stopped working and TRC don't reach the account of destination, seem to be lost in the web, anybody has any clue here?
has anybody been succesfull in trasferring trc in the last 10 hrs?
if someone has, I guess it's the exchange I send the TRC to which is witholding the deposit.
thanks in advance.
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yeah i rebuilt last night and there have been no commits since... still about 4500 more blocks for the patch to kick in... so i guess 90k TRC more to our attackers before the fix may or maynot work... probably we see some chain forking then. Anyone know if the exchanges will upgrade their clients before 175000 ? what's happening to the coins that have been moved since last night? they didn't hit the destination address (I'm waiting them on my btc-e account, but not even showing as pending) even after 100 confirmations required, are they lost? will be deposited anytime? what's your opinion on this issue? |
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I wrote to btc-e to advise the update.
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there seems to be an update: https://github.com/terracoin/terracoin/issues/12and a new client update http://terracoin.org/news/Terracoin update 0.1.3-42 is now available for download at our sourceforge mirror and github repository. This build addresses the difficulty manipulation issue currently seen on the live chain, and will be mandatory on block 175000.
The code allowing such difficulty manipulations was added to the client prior to the ema difficulty adjustment implementation, it should have been removed from the client long ago to prevent this.
Once most network nodes are updated, and block 175000 is reached, the capped ema implementation should take care of abnormally forged blocks ; as usual, this is supposing the network gets more hashing power than the attacker(s).
With the current artificially decreased difficulty, and the network hashing power way higher than the 'awaited' rate, network will generate a lot of orphan blocks until this issue is addressed. |
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how's the situation? I moved some coins yesterday and I don't know where they ended up. they didn't hit the exchange account they were supposed to go to. Intially each trasfer had a different block number, today I see them all included in the same block number. what's the story? are they lost? is this going to be patched? updates?
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