Since nothing really was done about the previous attacks (only a band-aid), the attackers now simply use two algos to fork the chain for their own use and are gaining millions:
Both algos, scrypt and lyra2re can be rented easily for a few bucks at nicehash, they simply send one block scrypt, after that a block lyra2re and so on and all with manipulated timestamps thus lowering diff to lowest possible mining several blocks per minute like this
Both algos, scrypt and lyra2re can be rented easily for a few bucks at nicehash, they simply send one block scrypt, after that a block lyra2re and so on and all with manipulated timestamps thus lowering diff to lowest possible mining several blocks per minute like this
Well, it's perhaps my Dutch nature thinking this, but this hack ain't for the money. The value of the coin will sink quickly the longer this takes and the damage is huge, so the attacker will have millions of worthless coins soon and is going nowhere. So most of the Verge fan's are right saying that this probably is a act of hate in my opinion. Second, there are people around on the net who can make your life like hell. You don't want to be on their fan list and i guess Justin unfortunately is.
@ocminer, it seems like you are a gifted person. Can you help Justin out to get this fixed the proper way then please and offer him some solutions in private perhaps?
I wish Justen and the Verge team the best of luck next hours/days.
Stop being so ignorant. Verge is being targeted because it has shitty coding and an incompetent developer. This hack is the result of the terrible job he did 'patching' the previous hack.
Hold on here. If i leave my bike without lock, it doesn't give someone the right to steal it. The same applies here.
This is an act of hate, destroying the coin and it is irreversible.
If something is unsafe, it better be hacked now then 2 years from now with more people using it...