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Monero Exploit FUD: Developers Confirm NO DANGER
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Topic: Monero Exploit FUD: Developers Confirm NO DANGER (Read 1157 times)
Moneroman88
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Monero Exploit FUD: Developers Confirm NO DANGER
September 21, 2014, 03:39:34 PM
#1
Look, if BCX has found an exploit he can pass it to the XMR dev team and they are going to patch their software accordingly immediately.
If it exists and BCX exploits it and messes up the blockchain for a few hours (which someone else already did a few weeks ago, nothing special), they're simply going to roll back the blockchain. They've already reviewed the ring signature algorithms ad nauseum, wrote internal memos on any weaknesses ad reviewed the difficulty algorithm.
All XMR holders ought to be grateful for the Bitcointalk Fud circus here giving us all a 3-month high of Poloniex volumes -- but let's not be surprised if the point of all this is just to rip the shirt off of a lot of people's backs.
There is no Danger in the *oh so dangerous* wannabe-Exploit. Cheap XMR (this was BCX goal after all) for everyone right now, good for even better distribution of the coin that already had hands down the best distribution. In just a matter of weeks/days all this FUD will be laughed upon and BCX will look even more like a retard than he's now.
Moneroman88
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 21, 2014, 03:43:34 PM
#2
Couldn't have expressed it better myself, 100% agreeing:
Quote from: AKWAnalytics on September 21, 2014, 03:41:09 PM
This whole thing will turn out bad for those perpetrating it. Hodlers will be rewarded. Mark my words.
iGotSpots
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 21, 2014, 04:58:40 PM
#3
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
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Nullu
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 21, 2014, 05:18:36 PM
#4
Quote from: iGotSpots on September 21, 2014, 04:58:40 PM
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
Yep. This destroys the entire concept of decentralisation. Could also lead to a potential fork, couldn't it? I know they were trying to make a "worst-case scenario" point, but right now this section is like watching headless chickens.
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
/dev/null
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 21, 2014, 05:35:08 PM
#5
Quote from: iGotSpots on September 21, 2014, 04:58:40 PM
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
Roll back the chain once and whatever reputation your coin has it just goes down the drain.
BITMIXER.IO
High Volume Bitcoin MIXER
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 21, 2014, 05:43:05 PM
#6
Moneroman88 everytime I saw your posts I'm being like
what did this looser wrote again?
Where the hell is "developers' posts" about no danger?
Just add links of them here!
You're just talking about BEX is Fudding....
I think you've bought too much monero over price 10mbtc and now you're trying to sell your shitty coins others with a high price.
Moneroman88
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 22, 2014, 07:15:32 PM
#7
Quote from: /dev/null on September 21, 2014, 05:35:08 PM
Quote from: iGotSpots on September 21, 2014, 04:58:40 PM
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
Roll back the chain once and whatever reputation your coin has it just goes down the drain.
this is bullshit, sometimes it's inevitable to roll back
FYI Bitcoin had to go for a rollback in the early days to fix a critical bug.
If Monero should ever be significantly damaged (very unlikely), bugs will be fixed and chain rolled back. Certainly nothing to worry much about.
Nullu
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 22, 2014, 09:14:05 PM
#8
Quote from: Moneroman88 on September 22, 2014, 07:15:32 PM
Quote from: /dev/null on September 21, 2014, 05:35:08 PM
Quote from: iGotSpots on September 21, 2014, 04:58:40 PM
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
Roll back the chain once and whatever reputation your coin has it just goes down the drain.
this is bullshit, sometimes it's inevitable to roll back
FYI Bitcoin had to go for a rollback in the early days to fix a critical bug.
If Monero should ever be significantly damaged (very unlikely), bugs will be fixed and chain rolled back. Certainly nothing to worry much about.
Except for those who lost money due to the roll back, you mean? Sure.
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
Moneroman88
(OP)
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 22, 2014, 09:15:28 PM
#9
Quote from: Nullu on September 22, 2014, 09:14:05 PM
Quote from: Moneroman88 on September 22, 2014, 07:15:32 PM
Quote from: /dev/null on September 21, 2014, 05:35:08 PM
Quote from: iGotSpots on September 21, 2014, 04:58:40 PM
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
Roll back the chain once and whatever reputation your coin has it just goes down the drain.
this is bullshit, sometimes it's inevitable to roll back
FYI Bitcoin had to go for a rollback in the early days to fix a critical bug.
If Monero should ever be significantly damaged (very unlikely), bugs will be fixed and chain rolled back. Certainly nothing to worry much about.
Except for those who lost money due to the roll back, you mean? Sure.
That's life.
Nullu
Hero Member
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 22, 2014, 09:40:59 PM
#10
Quote from: Moneroman88 on September 22, 2014, 09:15:28 PM
Quote from: Nullu on September 22, 2014, 09:14:05 PM
Quote from: Moneroman88 on September 22, 2014, 07:15:32 PM
Quote from: /dev/null on September 21, 2014, 05:35:08 PM
Quote from: iGotSpots on September 21, 2014, 04:58:40 PM
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
Roll back the chain once and whatever reputation your coin has it just goes down the drain.
this is bullshit, sometimes it's inevitable to roll back
FYI Bitcoin had to go for a rollback in the early days to fix a critical bug.
If Monero should ever be significantly damaged (very unlikely), bugs will be fixed and chain rolled back. Certainly nothing to worry much about.
Except for those who lost money due to the roll back, you mean? Sure.
That's life.
That's also why XMR's price is dropping. Rollbacks don't fill people with confidence. The coin would survive, but crypto lives and dies by the confidence of its investors.
BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
robinwilliams
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Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 22, 2014, 09:42:24 PM
#11
it aint droppin much buddy.
i seen a 150btc sell earlier for 320 though .. and it never sold
Nxtblg
Legendary
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Merit: 1000
Re: Monero Exploit FUD: Developers Confirm NO DANGER
September 23, 2014, 12:16:43 AM
#12
Quote from: iGotSpots on September 21, 2014, 04:58:40 PM
"They will just rollback the chain"
Statements like that sure show how much the Monerotards "get it."
Yeah...but guess how much they'll be crowing if the Big Attack turns into a wet firecracker?
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