[OFFICIAL] [SAFEX] Safe Exchange Coin [website www.safex.io]

[gefander]

Just a heads up to anyone interested in this coin.  It has been under attack for the last few days.  It was just 51% attacked and the attacker printed 14k blocks.  Don't bother talking about it in their discord as their developer will kick you after being an ass to you.  Great project 

How do you know about that? Personally, I think you're making this up for the token you're recommending. Don't believe you let the proof.

I posted a few things in their discord server showing what happened but was kicked out for it.  It is pretty easy to see the blocks that were printed.  Just go to their explorer and look at all the blocks that were mined when the network was stalled and just inserted after.  The blocks that were instant mined start at block 64885 and end at block 78340.  It is supposed to take almost 3 weeks to mine that many blocks but instead they were mined over a short attack period using minimal hashrate.  They were definitely attacked but they don't want to admit it and when they do admit to it they say that means people are scared of them.  No it means you don't know how to fork monero properly and are using an easy to attack difficulty algorithm for a small coin.

So you need to publish information not on the discord server, showing what happened, but on this forum. Here this news love and research.

[1715110664]

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[1715110664]

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[1715110664]

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[1715110664]

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[killmak]

Just a heads up to anyone interested in this coin.  It has been under attack for the last few days.  It was just 51% attacked and the attacker printed 14k blocks.  Don't bother talking about it in their discord as their developer will kick you after being an ass to you.  Great project 

How do you know about that? Personally, I think you're making this up for the token you're recommending. Don't believe you let the proof.

I posted a few things in their discord server showing what happened but was kicked out for it.  It is pretty easy to see the blocks that were printed.  Just go to their explorer and look at all the blocks that were mined when the network was stalled and just inserted after.  The blocks that were instant mined start at block 64885 and end at block 78340.  It is supposed to take almost 3 weeks to mine that many blocks but instead they were mined over a short attack period using minimal hashrate.  They were definitely attacked but they don't want to admit it and when they do admit to it they say that means people are scared of them.  No it means you don't know how to fork monero properly and are using an easy to attack difficulty algorithm for a small coin.

So you need to publish information not on the discord server, showing what happened, but on this forum. Here this news love and research.

Timestamp Attack: 
Block: 64786 timestamp: 1543718265, difficulty: 2092409798, nethash: 17.44MH
Block: 64787 timestamp: 1543718267, difficulty: 2095121665, nethash: 17.46MH
Block: 64796 timestamp: 1543718291, difficulty: 2189638825, nethash: 18.25MH

  This is a small sample from the timestamp attack.  The attacker was manipulating the block timestamps to be 2-3 seconds apart.  As you can see the difficulty was high and nethash was at 17-18MH/s during the attack.  The point of this attack was to cause difficulty to rise way higher than it should have.  With the timestamps being 3 seconds apart the daemon thinks there is about 700MH/s mining.  This caused difficulty to spike and scared off all the people mining as it was costing way more in power to mine the coin than you would receive in rewards.

  This attack gave the attacker a few days to execute their real attack which was to print 14k blocks worth of rewards.  They then spent the next 2 days roughly mining the coin while not connected to the rest of the daemons.  During this time they changed the coins settings to make it so blocks were only 1 second apart.  They then mined on their own chain printing about 14k blocks using roughly 3-4KH/s of hashrate for most of the blocks. 

height: 78000, timestamp: 1544059736, difficulty: 377488
height: 78001, timestamp: 1544059738, difficulty: 377069
height: 78010, timestamp: 1544059745, difficulty: 373247

  That is 10 blocks mined 9 seconds apart with a nethash of 3.1KH/s.  After mining all these blocks they reconnected to the network and caused a huge reorganization.  To make it so their chain was the main chain they had to make sure total difficulty of their chain was larger than the current main chain.  Since they had stalled the blockchain the miners mostly abandoned the coin leaving roughly 200KH/s on the chain.  So lets say to be safe they rented 300KH/s for 2 days.  At roughly .09BTC/MH/day nicehash price this part of the attack only cost them about 0.05BTC which is about $210.  The timestamp attack went on for a few hours and most likely cost about the same.  So it cost them 0.1BTC to attack the coin and mine 840,00 safex.  Assuming they sell for at least 1000 sats each which is less than the price they are currently selling for the attacker will end up making about 8BTC off of this attack. 
  If Safex continues to use a 720 block difficulty window and stay on the same algorithm as Monero these attacks will likely continue.  Even if they don’t there will still be the cyclical mining where people use nicehash when difficulty is low to mine the easy blocks then stop when difficulty rises and lets the regular miners be stuck mining the higher difficulty blocks.  Then when nethash drops again the nicehashers will come back.

[FortKnox]

Just a heads up to anyone interested in this coin.  It has been under attack for the last few days.  It was just 51% attacked and the attacker printed 14k blocks.  Don't bother talking about it in their discord as their developer will kick you after being an ass to you.  Great project 

How do you know about that? Personally, I think you're making this up for the token you're recommending. Don't believe you let the proof.

I posted a few things in their discord server showing what happened but was kicked out for it.  It is pretty easy to see the blocks that were printed.  Just go to their explorer and look at all the blocks that were mined when the network was stalled and just inserted after.  The blocks that were instant mined start at block 64885 and end at block 78340.  It is supposed to take almost 3 weeks to mine that many blocks but instead they were mined over a short attack period using minimal hashrate.  They were definitely attacked but they don't want to admit it and when they do admit to it they say that means people are scared of them.  No it means you don't know how to fork monero properly and are using an easy to attack difficulty algorithm for a small coin.

So you need to publish information not on the discord server, showing what happened, but on this forum. Here this news love and research.

Timestamp Attack: 
Block: 64786 timestamp: 1543718265, difficulty: 2092409798, nethash: 17.44MH
Block: 64787 timestamp: 1543718267, difficulty: 2095121665, nethash: 17.46MH
Block: 64796 timestamp: 1543718291, difficulty: 2189638825, nethash: 18.25MH

  This is a small sample from the timestamp attack.  The attacker was manipulating the block timestamps to be 2-3 seconds apart.  As you can see the difficulty was high and nethash was at 17-18MH/s during the attack.  The point of this attack was to cause difficulty to rise way higher than it should have.  With the timestamps being 3 seconds apart the daemon thinks there is about 700MH/s mining.  This caused difficulty to spike and scared off all the people mining as it was costing way more in power to mine the coin than you would receive in rewards.

  This attack gave the attacker a few days to execute their real attack which was to print 14k blocks worth of rewards.  They then spent the next 2 days roughly mining the coin while not connected to the rest of the daemons.  During this time they changed the coins settings to make it so blocks were only 1 second apart.  They then mined on their own chain printing about 14k blocks using roughly 3-4KH/s of hashrate for most of the blocks. 

height: 78000, timestamp: 1544059736, difficulty: 377488
height: 78001, timestamp: 1544059738, difficulty: 377069
height: 78010, timestamp: 1544059745, difficulty: 373247

  That is 10 blocks mined 9 seconds apart with a nethash of 3.1KH/s.  After mining all these blocks they reconnected to the network and caused a huge reorganization.  To make it so their chain was the main chain they had to make sure total difficulty of their chain was larger than the current main chain.  Since they had stalled the blockchain the miners mostly abandoned the coin leaving roughly 200KH/s on the chain.  So lets say to be safe they rented 300KH/s for 2 days.  At roughly .09BTC/MH/day nicehash price this part of the attack only cost them about 0.05BTC which is about $210.  The timestamp attack went on for a few hours and most likely cost about the same.  So it cost them 0.1BTC to attack the coin and mine 840,00 safex.  Assuming they sell for at least 1000 sats each which is less than the price they are currently selling for the attacker will end up making about 8BTC off of this attack. 
  If Safex continues to use a 720 block difficulty window and stay on the same algorithm as Monero these attacks will likely continue.  Even if they don’t there will still be the cyclical mining where people use nicehash when difficulty is low to mine the easy blocks then stop when difficulty rises and lets the regular miners be stuck mining the higher difficulty blocks.  Then when nethash drops again the nicehashers will come back.

Great info. All good now, everything is back to normal

[AdeySpadey]

I've been mining this for ten minutes and I still don't have a Lambo,
what am I doing wrong

Seriously, finally, a point and click mining project that even my Gran could
set up.
Hopefully, the above mentioned attacks can be prevented and this coin can become
popular.
Great bit of research on the attack method.

[Akimark]

There will a live Q&A with Daniel Dabek on the Safex Discord channel on Sunday 10th Feb 2019.

Details can be found here: https://safe.exchange/t/live-q-a-with-daniel-dabek-on-sunday-10th-feburary/5717

[dkmontague]

Just a heads up to anyone interested in this coin.  It has been under attack for the last few days.  It was just 51% attacked and the attacker printed 14k blocks.  Don't bother talking about it in their discord as their developer will kick you after being an ass to you.  Great project 

How do you know about that? Personally, I think you're making this up for the token you're recommending. Don't believe you let the proof.

I posted a few things in their discord server showing what happened but was kicked out for it.  It is pretty easy to see the blocks that were printed.  Just go to their explorer and look at all the blocks that were mined when the network was stalled and just inserted after.  The blocks that were instant mined start at block 64885 and end at block 78340.  It is supposed to take almost 3 weeks to mine that many blocks but instead they were mined over a short attack period using minimal hashrate.  They were definitely attacked but they don't want to admit it and when they do admit to it they say that means people are scared of them.  No it means you don't know how to fork monero properly and are using an easy to attack difficulty algorithm for a small coin.

So you need to publish information not on the discord server, showing what happened, but on this forum. Here this news love and research.

Timestamp Attack: 
Block: 64786 timestamp: 1543718265, difficulty: 2092409798, nethash: 17.44MH
Block: 64787 timestamp: 1543718267, difficulty: 2095121665, nethash: 17.46MH
Block: 64796 timestamp: 1543718291, difficulty: 2189638825, nethash: 18.25MH

  This is a small sample from the timestamp attack.  The attacker was manipulating the block timestamps to be 2-3 seconds apart.  As you can see the difficulty was high and nethash was at 17-18MH/s during the attack.  The point of this attack was to cause difficulty to rise way higher than it should have.  With the timestamps being 3 seconds apart the daemon thinks there is about 700MH/s mining.  This caused difficulty to spike and scared off all the people mining as it was costing way more in power to mine the coin than you would receive in rewards.

  This attack gave the attacker a few days to execute their real attack which was to print 14k blocks worth of rewards.  They then spent the next 2 days roughly mining the coin while not connected to the rest of the daemons.  During this time they changed the coins settings to make it so blocks were only 1 second apart.  They then mined on their own chain printing about 14k blocks using roughly 3-4KH/s of hashrate for most of the blocks. 

height: 78000, timestamp: 1544059736, difficulty: 377488
height: 78001, timestamp: 1544059738, difficulty: 377069
height: 78010, timestamp: 1544059745, difficulty: 373247

  That is 10 blocks mined 9 seconds apart with a nethash of 3.1KH/s.  After mining all these blocks they reconnected to the network and caused a huge reorganization.  To make it so their chain was the main chain they had to make sure total difficulty of their chain was larger than the current main chain.  Since they had stalled the blockchain the miners mostly abandoned the coin leaving roughly 200KH/s on the chain.  So lets say to be safe they rented 300KH/s for 2 days.  At roughly .09BTC/MH/day nicehash price this part of the attack only cost them about 0.05BTC which is about $210.  The timestamp attack went on for a few hours and most likely cost about the same.  So it cost them 0.1BTC to attack the coin and mine 840,00 safex.  Assuming they sell for at least 1000 sats each which is less than the price they are currently selling for the attacker will end up making about 8BTC off of this attack. 
  If Safex continues to use a 720 block difficulty window and stay on the same algorithm as Monero these attacks will likely continue.  Even if they don’t there will still be the cyclical mining where people use nicehash when difficulty is low to mine the easy blocks then stop when difficulty rises and lets the regular miners be stuck mining the higher difficulty blocks.  Then when nethash drops again the nicehashers will come back.

Has this been addressed by the dev yet?

[brownie14]

Is this coin still alive? Ever since it got delisted from bittrex and cryptopia ... it went mute ...

Issue with mining attack?

[kawacaki]

very much alive! join the discord and meet the very alive community https://discord.gg/P9PPTbK

[rendravolt]

Is this coin still alive? Ever since it got delisted from bittrex and cryptopia ... it went mute ...

Issue with mining attack?

Has it been delisted from Bittrex and Cryptopia? I am very behind information and news because it is starting to get busy at the moment. So I'm not updating.

[xmaca]

Is this coin still alive? Ever since it got delisted from bittrex and cryptopia ... it went mute ...

Issue with mining attack?

Has it been delisted from Bittrex and Cryptopia? I am very behind information and news because it is starting to get busy at the moment. So I'm not updating.

Yaeh, this coin is very much alive!
We are here: https://bitcointalk.org/index.php?topic=1258419.0

The best is to join our discord channel: https://discord.gg/zj65Cag

[sv.alyona]

Safex Token and Safex Cash are open, now you can trade, withdraw funds from livecoin exchange

[mark0spasic]

Here is nice video about safex cash mining made by Lomax.
https://www.youtube.com/watch?v=A5_xDYJtB2M
 

[cryptomak]

HERE IS THE LATES SAFEX UPDATE
> Original post: https://forum.safex.org/t/safex-dev-update-november-9-2020/7222

TWM Wallet | API

Last week Daniel was focused on the integration of the Messaging API to the Wallet. While a lot is completed, there is still a bit more to do in order to finish the integration. Besides the messaging integration, Daniel added a few additional features along the way. The TWM Wallet is now displaying transaction history that will be formatted in the styling phase.

Also, there were added additional routes for the API when interacting with data that is hosted there. Rather than calling the blockchain for raw data, it is now possible to query the API to retrieve offers connected by username. This will make it easy to find products by vendors from the start.

We should expect the wallet released for testing some time this week nonetheless.

Safexcore | Marketplace Protocol
Igor completed the logic for the edit and purchase transactions so that no two are in the same block, and the miners properly handle the transaction that would cause an invalid block. He is adding the offer version field on the purchase transaction which will be used by the blockchain to check that the current offer version is being purchased. This is also enforced on the wallet level.

Also, there was a bug on the wallet level where it misinterpreted money sent to the revenue pool during a purchase as its own usable inputs for new transactions, and it would be rejected properly by the blockchain and the miners. However, your wallet would still think it could spend those funds. That’s fixed; @aussiesloth discovered this edge case, and reported it in a way that we could discover this edge case. So big thanks for that contribution. :sunrise_over_mountains:

The team had hoped to release Stagenet 2.1 today; however, it will be on a tentative date later this week.

Safex Cash Pricing Model

This week we are also publishing a post that explores currency flows, and how they can affect the price of an asset that has real world utility as is suggested by the design of the safex marketplace and safex cash emission model.

You can see this model play out in the recent blog post:
https://safex.org/safex-cash-price-model-on-velocity-of-money/

A reminder we will keep this list posted to each development update until it’s live

Safex Launch Todo List in Progress
Updated Safex Website
Safex Marketplace Whitepaper
Technical Documentation Published for Developers
Mainnet Launch Date
TWM Wallet v1

Thank you for taking the time to read up on our road to launching The World Marketplace!

Sincerely,
The Safex Development Community

[cryptomak]

Article about: Safex Cash Price Model on the Velocity of Money written by Cryptooli

https://safex.org/safex-cash-price-model-on-velocity-of-money/

[xmaca]

Here is the latest Safex Update:

https://forum.safex.org/t/safex-dev-update-november-30-2020/7243

Bw.com To the Moon Program Listing!
On Friday, the exchange bw.com 22 if you check it out you get greeted by safex+ bw banner.
This is the first among a few exchanges that we have collaborated with to list Safex Cash to trading on the global market.

This “To the Moon Program” is a promotion conducted by the exchange and if you are interested in participating you can find the information at this link:
https://bwexchange.zendesk.com/hc/en-us/articles/360053055971

Safex Marketplace Release Hardfork 7
Next week on Monday we will announce the block height that will activate the marketplace to mainnet. Once this is posted we will commence updating full nodes and inform the community to do the same.

Safex Marketplace Whitepaper
Daniel and Igor are now fully immersed in putting together the final print of the whitepaper for release alongside the mainnet.

TWM Wallet | API
All issues from the previous iteration are resolved with the new PGP library embedded. Daniel is wrapping up the deployment of the API and the release of the wallet and it will be online for download on Wednesday.

In the meantime our front end developer Liam and designer have wrapped up the bulk of the wallet with new design and this week will take over the messaging and order management interfaces for the v1 marketplace launch.

Livecoin Withdrawals Fix
There was a minor bug found in the wallet related to integrated addresses when forming a transaction. The wallet verifies each transaction it will make with a public key, and in this case the wallet would not search the whole range of available public keys to verify the new transaction and terminates the transaction formation and returned a generic error.

Igor figured out the problem over the course of the past two weeks and is issuing the fix that will bring livecoin.net back to normal full operations without these dropping transactions.
https://github.com/safex/safexcore/releases/tag/6.0.1

So in summary:
Safex Launch Todo List in Progress
Updated Safex Website
Safex Marketplace Whitepaper in release phase
Technical Documentation Published for Developers in release phase
Mainnet Launch Date Target December 10, 2020
TWM Wallet v1 public test commencing

With the blockchain system completely concluded, we just have left to properly trim documentation, release the messaging part of the wallet, wrap up the design that is already in progress as we launch into holiday season.

Sincerely,
The Safex Development Community

[xmaca]

Guys, don't forget to read latest blog posts on safex.org:

https://safex.org/blog/

[safexscam]

Guys, don't forget to read latest blog posts on safex.org:

https://safex.org/blog/

Hi xmaca, are you the scammer Marija Blesic? part of the team of scammers from SAFEX?

Can you explain why you invite your friend who is a a known scammer from Onecoin to give speech at Safex office in Belgrade? It is true that your friend has an arrest warrant issued in Bulgaria for his involvement of the promotion of Onecoin in that country?

Can tell us what happened to the official twitter account of the scam SAFEX and the scammer Daniel Dabek and the scammer Emilia Wojciechowicz? seems like Twitter suspend those accounts because they are scammers. There is no official communication for over two weeks, is Daniel hiding or planning an exit scam? When the Safex official twitter account will be reactivated?

What happened to the marketplace that was supposed to launch on December 10th 2020?
Why didn't launch?
https://archive.is/H7yw0

Have a nice day Marija.

[FortKnox]

Guys, don't forget to read latest blog posts on safex.org:

https://safex.org/blog/

Hi xmaca, are you the scammer Marija Blesic? part of the team of scammers from SAFEX?

Can you explain why you invite your friend who is a a known scammer from Onecoin to give speech at Safex office in Belgrade? It is true that your friend has an arrest warrant issued in Bulgaria for his involvement of the promotion of Onecoin in that country?

Can tell us what happened to the official twitter account of the scam SAFEX and the scammer Daniel Dabek and the scammer Emilia Wojciechowicz? seems like Twitter suspend those accounts because they are scammers. There is no official communication for over two weeks, is Daniel hiding or planning an exit scam? When the Safex official twitter account will be reactivated?

What happened to the marketplace that was supposed to launch on December 10th 2020?
Why didn't launch?
https://archive.is/H7yw0

Have a nice day Marija.

Take it easy Joey, as i said, everything will get better, just ask for some medical help.

[cryptomak]

what's going on here? 

[cryptomak]

Safex Blog 

https://safex.org/mining-and-staking-how-to-earn-cryptocurrency-in-2021/