Mrpumperitis
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Activity: 2716
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September 22, 2018, 05:15:19 AM |
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Segwetters ..... dont think all is ok with bitcoin yet.... This upgrade will not be as easy as they think... worst case... Another spilt for bitcoin is very very possible... A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade. The split leads to bitcoin core having to move to a new ticker... The inflated bug version remains as BTC with segwet an all... Bitcoin core do the rollback!! on the new bitcoin core chain, like theymos suggested.(rollback) (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/ |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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Mrpumperitis
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Activity: 2716
Merit: 1075
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September 22, 2018, 06:02:10 AM |
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Having a little chat with The Dude just now... Lebowski - Core disclosed the inflation bug after the majority of mining nodes were patched. At the time of writing this, https://coin.dance/nodes reports that 75% of nodes are NOT patched. Me- https://coin.dance/nodes#nodeVersions /Satoshi:0.16.3 only 2104 nodes out of 9616 have upgraded, is this correct? if yes, then uh oh for bitcoin. |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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bones261
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Activity: 1806
Merit: 1826
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September 22, 2018, 06:15:16 AM
Last edit: September 22, 2018, 06:28:05 AM by bones261 |
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Segwetters ..... dont think all is ok with bitcoin yet.... This upgrade will not be as easy as they think... worst case... Another spilt for bitcoin is very very possible... A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade. The split leads to bitcoin core having to move to a new ticker... The inflated bug version remains as BTC with segwet an all... Bitcoin core do the rollback!! on the new bitcoin core chain, like theymos suggested.(rollback) (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/I think you need to do some more research on exactly how this exploit would have operated. The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well. I suppose the pool could find some sucker and do an OTC trade with.  Also, the patch to the code would sufficiently "roll back" the chain since any miner running a node with the patch would orphan any chain that happens to be built upon a block that contains two duplicate inputs in the same transaction. (The bug happened because the core dev who originally coded in this "optimization" set the check for this transaction to false, when verifying a block.) Here you can find exactly what line of code needed to be patched. https://github.com/bitcoin/bitcoin/commit/d1dee205473140aca34180e5de8b9bbe17c2207d?diff=split#diff-24efdb00bfbe56b140fb006b562cc70bL3035Old code: 3035 if (!CheckTransaction(*tx, state, false)) New code 3035 if (!CheckTransaction(*tx, state, true)) Having a little chat with The Dude just now... Lebowski - Core disclosed the inflation bug after the majority of mining nodes were patched. At the time of writing this, https://coin.dance/nodes reports that 75% of nodes are NOT patched. Me- https://coin.dance/nodes#nodeVersions /Satoshi:0.16.3 only 2104 nodes out of 9616 have upgraded, is this correct? if yes, then uh oh for bitcoin. I suspect that the majority of the nodes that have not upgraded to the patch are hobby nodes. Any pool or exchange not upgrading their node deserves what may be coming their way. By the way, only 283 out of 1083 of the Bitcoin ABC nodes have upgraded to the latest patch. https://cash.coin.dance/nodes (Bitcoin Unlimited didn't need the patch.) |
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Mrpumperitis
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Activity: 2716
Merit: 1075
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September 22, 2018, 06:22:42 AM |
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Segwetters ..... dont think all is ok with bitcoin yet.... This upgrade will not be as easy as they think... worst case... Another spilt for bitcoin is very very possible... A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade. The split leads to bitcoin core having to move to a new ticker... The inflated bug version remains as BTC with segwet an all... Bitcoin core do the rollback!! on the new bitcoin core chain, like theymos suggested.(rollback) (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/I think you need to do some more research on exactly how this exploit would have operated. The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well. I suppose the pool could find some sucker and do an OTC trade with. Also, the patch to the code would sufficiently "roll back" the chain since any miner running a node with the patch would orphan any chain that happens to be built upon a block that contains two duplicate inputs in the same transaction. (The bug happened because the core dev who originally coded in this "optimization" set the check for this transaction to false, when verifying a block.) Here you can find exactly what line of code needed to be patched. https://github.com/bitcoin/bitcoin/commit/d1dee205473140aca34180e5de8b9bbe17c2207d?diff=split#diff-24efdb00bfbe56b140fb006b562cc70bL3035Old code: 3035 if (!CheckTransaction(*tx, state, false)) New code 3035 if (!CheckTransaction(*tx, state, true)) Ok...but..what if A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version. Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed.. imo, they fkd up big time, the whole situation ..and because of all the problems they have caused for so long, it wont be easy for them. |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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bones261
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Activity: 1806
Merit: 1826
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September 22, 2018, 06:38:01 AM |
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Ok...but..what if
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version.
Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed..
What exchange is going to want a coin where a pool could basically double their coins every single block? Plus the exchange would basically have their node knocked offline when a block is found. This would then require them to rescan their hot wallet. Then when the next block is found, they would need to rescan again. The hot wallet would be in constant maintenance node. I suppose an exchange could get this to work if they run an spv wallet instead. However, I am not aware of any exchange that is willing to run their hot wallet in SPV mode. |
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Mrpumperitis
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Activity: 2716
Merit: 1075
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September 22, 2018, 06:41:59 AM |
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Ok...but..what if
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version.
Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed..
What exchange is going to want a coin where a pool could basically double their coins every single block? Plus the exchange would basically have their node knocked offline when a block is found. This would then require them to rescan their hot wallet. Then when the next block is found, they would need to rescan again. The hot wallet would be in constant maintenance node. well you just said they exploit is difficult to exploit lol "The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well" So the exchanges that keep previous version without the HF from bcore , it wont have to worry about it to much , will they? oh also another reason they may keep it alive now that bcore has forked....FREE MONEY  |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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bones261
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Activity: 1806
Merit: 1826
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September 22, 2018, 06:57:28 AM
Last edit: September 22, 2018, 02:25:40 PM by bones261 |
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Ok...but..what if
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version.
Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed..
What exchange is going to want a coin where a pool could basically double their coins every single block? Plus the exchange would basically have their node knocked offline when a block is found. This would then require them to rescan their hot wallet. Then when the next block is found, they would need to rescan again. The hot wallet would be in constant maintenance node. well you just said they exploit is difficult to exploit lol "The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well" So the exchanges that keep previous version without the HF from bcore , it wont have to worry about it to much , will they? oh also another reason they may keep it alive now that bcore has forked....FREE MONEY The exploit chain is not going to be free money. With the knock offline aspect, the network would not be viable. The exploit chain is not usable. Also, you are aware that Bitcoin ABC had to employ the patch too, right? It appears there are still over 700 Bitcoin ABC nodes that have not upgraded, yet. https://cash.coin.dance/nodes Fortunately, Bitcoin Unlimited did not need the patch because their code was originally forked off of Bitcoin core v 0.12.x Edit: Since the majority of the hashrate has now switched to the patched code, any miner trying to invoke the vulnerability now is going to have their block orphaned. The only way that their chain will survive is if they further modify the code and implement replay protection. |
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hv_
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Activity: 2506
Merit: 1055
Clean Code and Scale
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September 22, 2018, 10:26:12 AM |
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News from the top down adoption process. Get your protocol save and simple, or some coins will never make it https://www.fintechlawblog.com/2018/09/worldwide-cryptocurrency-aml-standards/ |
Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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notblox1
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Activity: 2044
Merit: 1263
Logo Designer ⛨ BSFL Division1
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September 22, 2018, 08:12:02 PM |
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Segwetters ..... dont think all is ok with bitcoin yet.... This upgrade will not be as easy as they think... worst case... Another spilt for bitcoin is very very possible... A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade. The split leads to bitcoin core having to move to a new ticker... The inflated bug version remains as BTC with segwet an all... Bitcoin core do the rollback!! on the new bitcoin core chain, like theymos suggested.(rollback) (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/Please DO NOT talk about Bitcoin. This is Altcoin thread section, and if you want to talk about BTC Bitcoin go to proper section. This is the real BitcoinCash coin thread... We should talk more about split and confilct in the BitcoinCash, and how to create better BCH  |
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dzkrb1966
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September 23, 2018, 05:57:42 PM |
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I do not understand the fate of this coin? It seems to me that bitcoin will soon grow. And how will the other coins behave?
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jojo69
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Activity: 3150
Merit: 4309
diamond-handed zealot
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September 23, 2018, 11:09:15 PM |
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so...
has the flippening been cancelled? what is going on?
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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bones261
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Activity: 1806
Merit: 1826
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September 23, 2018, 11:14:26 PM |
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so...
has the flippening been cancelled? what is going on?
Postponed until after the expected hash battle in November. Come back in December to see who is victorious.  |
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proo7
Jr. Member
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Activity: 210
Merit: 6
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September 24, 2018, 12:09:34 AM |
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so...
has the flippening been cancelled? what is going on?
Postponed until after the expected hash battle in November. Come back in December to see who is victorious. Ohhh... what are we going to do with all those flippening T-shirts now ??  They must be updated and translated for Asian markets. This is very important. |
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hv_
Legendary
Offline
Activity: 2506
Merit: 1055
Clean Code and Scale
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September 24, 2018, 06:40:12 PM |
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Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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Simss
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September 25, 2018, 02:29:28 AM |
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Bitcoin Core needs to explain how a Bitcoin Cash developer is finding critical inflation bugs in their software. This is totally unacceptable and there needs to be some accountability or post-mortem about the processes that led to this. The community should consider forking Bitcoin Core if there isn't an adequate response here IMO. this is what cobra wrote in the r\bitcoin thread. he is trying to get the mob riled up.  |
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bones261
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Activity: 1806
Merit: 1826
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September 25, 2018, 03:08:45 AM |
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Bitcoin Core needs to explain how a Bitcoin Cash developer is finding critical inflation bugs in their software. This is totally unacceptable and there needs to be some accountability or post-mortem about the processes that led to this. The community should consider forking Bitcoin Core if there isn't an adequate response here IMO. this is what cobra wrote in the r\bitcoin thread. he is trying to get the mob riled up. Actually, what people should be doing now is giving a tip to awemany. bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5 (If you want to verify this tipping address, please visit his Medium post about the whole incident. https://medium.com/@awemany/600-microseconds-b70f87b0b2a6) He did a great service to not only BTC, but BCH as well.(The way he discovered it was by finding the bug in Bitcoin ABC when he noticed something seemed off when testing both BU and Bitcoin ABC.) In fact there are a great deal of other altcoins that also have/had this bug. This bug was overlooked by many more teams than just the Bitcoin Core team. |
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theleaf
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September 25, 2018, 04:10:28 PM |
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Bitcoin Core needs to explain how a Bitcoin Cash developer is finding critical inflation bugs in their software. This is totally unacceptable and there needs to be some accountability or post-mortem about the processes that led to this. The community should consider forking Bitcoin Core if there isn't an adequate response here IMO. this is what cobra wrote in the r\bitcoin thread. he is trying to get the mob riled up. Actually, what people should be doing now is giving a tip to awemany. bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5 (If you want to verify this tipping address, please visit his Medium post about the whole incident. https://medium.com/@awemany/600-microseconds-b70f87b0b2a6) He did a great service to not only BTC, but BCH as well.(The way he discovered it was by finding the bug in Bitcoin ABC when he noticed something seemed off when testing both BU and Bitcoin ABC.) In fact there are a great deal of other altcoins that also have/had this bug. This bug was overlooked by many more teams than just the Bitcoin Core team. Surprisingly Bitcoincash seems to do better than most other altcoins during bear market, looks like bitcoincash is making its name? |
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theleaf
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September 25, 2018, 04:11:39 PM |
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Segwetters ..... dont think all is ok with bitcoin yet.... This upgrade will not be as easy as they think... worst case... Another spilt for bitcoin is very very possible... A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade. The split leads to bitcoin core having to move to a new ticker... The inflated bug version remains as BTC with segwet an all... Bitcoin core do the rollback!! on the new bitcoin core chain, like theymos suggested.(rollback) (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/Please no more forking of bitcoin, its only freaking driving the community as a whole more insane and too much bitcoin volatility with the fork |
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theleaf
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September 25, 2018, 04:12:39 PM |
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Having a little chat with The Dude just now... Lebowski - Core disclosed the inflation bug after the majority of mining nodes were patched. At the time of writing this, https://coin.dance/nodes reports that 75% of nodes are NOT patched. Me- https://coin.dance/nodes#nodeVersions /Satoshi:0.16.3 only 2104 nodes out of 9616 have upgraded, is this correct? if yes, then uh oh for bitcoin. Out of all the bitcoin forks, gotta admit bitcoincash seems to withstand the test of time, top ten coin for being most of the time, its backers much be rich,lol....) |
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