Network Attack on XVG / VERGE

[siege3967]

Lol apparently it was fixed. Yet I found some pretty weirdly mistimed blocks recently. Posting proof of admin saying it's fixed and the blocks. https://ibb.co/ipO5zx
https://ibb.co/fN0URc

it was not fixed yet. It will be fixed with fork at block 2042000

Did you see the screenshots? Admin claims it's fixed

he is not VergeDev he tough it was but its not also if you look at github you can see the code there for several hours already.

+static const int ALGO_RULES_SWITCH_BLOCK = 2042000;
+static const int SAME_ALGO_MAX_COUNT = 5;

http://prntscr.com/j254xz

Okay let's just wait till that block. If it even comes... Blocks are getting repeated in the explorer lol. Also you didn't reply to my responses about the dev saying private ledger goes against his ideologies while still blatantly liying to his sheep followers about their being a private ledger. You're an example of that right here

Stealth transactions work the only thing you see is the amount but you don't know where it goes and where it came from.

Wrong. Only receiver is "hidden". Make a stealth transaction. You can see it on the block explorer with all the details. Have you even tried? You still didn't say anything about the private ledger and how you thought it exists but Sunerok has confirmed is not part of his ideology and will never implement. Most likely cannot implement but that's another discussion altogether.

[1715375342]

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[1715375342]

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[1715375342]

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[boxalex]

i never said they were the only ones i was explaining how price is influenced by the current supply. example if verge was at same market cap of BTC with 118b dollars it would put verge at 7 dollars and not 6800 dollars, that's what people seem to not understand and i was trying to explain.

ok, this is basic knowledge and should not even worth being explained. But i agree with you, there might be indeed a lot of forum members that do not see how this is related to each other. But it had nothing to do with my whole post. Doesn't matter, got what you said it might even make some sense to explain it to some members.

[bododk]

Lol apparently it was fixed. Yet I found some pretty weirdly mistimed blocks recently. Posting proof of admin saying it's fixed and the blocks. https://ibb.co/ipO5zx
https://ibb.co/fN0URc

it was not fixed yet. It will be fixed with fork at block 2042000

Did you see the screenshots? Admin claims it's fixed

he is not VergeDev he tough it was but its not also if you look at github you can see the code there for several hours already.

+static const int ALGO_RULES_SWITCH_BLOCK = 2042000;
+static const int SAME_ALGO_MAX_COUNT = 5;

http://prntscr.com/j254xz

Okay let's just wait till that block. If it even comes... Blocks are getting repeated in the explorer lol. Also you didn't reply to my responses about the dev saying private ledger goes against his ideologies while still blatantly liying to his sheep followers about their being a private ledger. You're an example of that right here

did you even read my post https://bitcointalk.org/index.php?topic=3256693.msg34151405#msg34151405?

wtf men...  why is so hard to understand that a block can have multiple transactions in it and that the information is shown on the #explorer base on transactions not blocks

[boxalex]

Amazing isn't it? And the more we climb the more we get hated its called jelousy.

I agree with you. In many posts someone can smell the jelousy. However, there are as well members here that try to be fair and constructive and which motivations are not jealously or similar bad feelings. As a XVG "defender" you have carefully to split these as not everytime someone shares some criticism its due jealousy. Often criticism, if it has some valid proof/logic, it should be used to improve a given thing, not just getting offended and blow it away...

[siege3967]

Lol apparently it was fixed. Yet I found some pretty weirdly mistimed blocks recently. Posting proof of admin saying it's fixed and the blocks. https://ibb.co/ipO5zx
https://ibb.co/fN0URc

it was not fixed yet. It will be fixed with fork at block 2042000

Did you see the screenshots? Admin claims it's fixed

he is not VergeDev he tough it was but its not also if you look at github you can see the code there for several hours already.

+static const int ALGO_RULES_SWITCH_BLOCK = 2042000;
+static const int SAME_ALGO_MAX_COUNT = 5;

http://prntscr.com/j254xz

Okay let's just wait till that block. If it even comes... Blocks are getting repeated in the explorer lol. Also you didn't reply to my responses about the dev saying private ledger goes against his ideologies while still blatantly liying to his sheep followers about their being a private ledger. You're an example of that right here

did you even read my post https://bitcointalk.org/index.php?topic=3256693.msg34151405#msg34151405?

wtf men...  why is so hard to understand that a block can have multiple transactions in it and that the information is shown on the #explorer base on transactions not blocks

Umm before the "maintenance", it was represented the normal way. Now it's been changed. Why would it be changed randomly?

[bododk]

Umm before the "maintenance", it was represented the normal way. Now it's been changed. Why would it be changed randomly?

look closer to the explorer and you will se something like this:

Latest Transactions (NOT Latest Blocks)

Show  entries
Processing...
Block   Hash   Recipients   Amount (XVG)   Timestamp
2040899   2bbf5a80fb18b26d7fca53c3d06fcc14c6ecf146904720be0321414c9244d44f   2   3093.30418700   Sat, 07 Apr 2018 14:42:11 GMT
2040899   e8258af7affbdc5177612020c3b748717d4ef597a8c792034d869527012e2e19   1   18066.61643800   Sat, 07 Apr 2018 14:42:11 GMT
....

[siege3967]

Umm before the "maintenance", it was represented the normal way. Now it's been changed. Why would it be changed randomly?

look closer to the explorer and you will se something like this:

Latest Transactions (NOT Latest Blocks)

Show  entries
Processing...
Block   Hash   Recipients   Amount (XVG)   Timestamp
2040899   2bbf5a80fb18b26d7fca53c3d06fcc14c6ecf146904720be0321414c9244d44f   2   3093.30418700   Sat, 07 Apr 2018 14:42:11 GMT
2040899   e8258af7affbdc5177612020c3b748717d4ef597a8c792034d869527012e2e19   1   18066.61643800   Sat, 07 Apr 2018 14:42:11 GMT
....

Right understood but before the update it was blocks not txs. Do you have any ideas as to why this change was implemented? Genuinely asking.

[Deff]

Block search is alternately performed on two Wallets. One is offset relative to the other by  * min. The difficulty falls, since the interval turns out to be large.
That's just why the interval < 0 is triggered - question..

[ultrametric]

The supply that is left is going to take around 7 to 10 years to be mined still,

How long will it take if the attack continues and won't get fixed? Theoretically, i doubt this can/should happen.

Plus if you understand how supply/demand works the more coins are in the market supplied by miners the more buyers you need to have in order to keep the price up

This is only one of the factors for price. There are other not less important factors as well ....

now when you have new buyers but no more coins getting in the price will inflate and not  "down like Titanic" because now people are fighting for a limited number of available coins.

Actually not necessary. This eventually would apply for a perfect product/project/item/usecase/patent/you name it. Even more at such high max. supply. I mean there is a difference if you have a currency
with 20.000.000 max supply or 50.000.000.000 for example. The lower the max supply the more true your argument of course would be common sense. But as again, price is not only a simple formular by
max. supply or mining hash rate. There is more involved in a price calculation than thinking that every one holding one of the 16,555,000,000 XVG thinks he will get a unce gold in return for a XVG unit.

Following your logic Ripple would be down the sink already as they have 3 times more coins in circulation than we do.

You miss here that Ripple/XRP has a lot of real partnerships ongoing. I'am not a ripple fan and i think Ripple with such max. supply is overvalued, maybe right now not, but everything over USD 1 for this coin is crazy. But Ripple, if all these partnerships with these banks are real and lasting than they actually have at least a good product that stays behind a given value for its currency, giving it as well some stability, thrust and whatever not the factors for price are. You make a big mistake by thinking real price is the result of 2 factors only, but its not.

And last but not least, XVG is XVG and Ripple is Ripple, i can not see much common things btw. both to compare them anyway.

i think you are missing the all point here, do you know how a price coin is calculated? The market cap is calculated by multiplying the circulating supply of a cryptocurrency by the coin price. It makes absolutely no sense at all saying that once we reach the market cap limit the price will sink. How can a price sink when you are not injecting more coins into the market therefor making the competition for them higher this is comon sense and basic rule of supply/demand. Every single coin in the market will reach this point except the ones that have infinite supply where i don't see how they can survive in the future when they are litereally flooding the market with billions of coins making the price less competitive, they require a constant flow in of money to buy that supply to keep the price up.

Once the hardcap is reached, it's over for Verge. Miners earn only by transactions then. There will nobody by mining that bloody thing at that time.

Oh really so what you are saying is that every coin will die eventualy?

No, that's not the case and that's not what I am saying.

[ultrametric]

Lol apparently it was fixed. Yet I found some pretty weirdly mistimed blocks recently. Posting proof of admin saying it's fixed and the blocks. https://ibb.co/ipO5zx
https://ibb.co/fN0URc

it was not fixed yet. It will be fixed with fork at block 2042000

No, it's isn't going to be fixed with that fork. The verge dude screwed up the ?5th? time in a row now.

[bododk]

Right understood but before the update it was blocks not txs. Do you have any ideas as to why this change was implemented? Genuinely asking.

when ? do you have prove ? iquidus explorer list tx's not block's for ages

[Slemicek]

https://www.reddit.com/r/CryptoCurrency/comments/8af0gc/let_me_get_this_straight_about_verge/

Let me get this straight about Verge... (self.CryptoCurrency)

submitted 10 hours ago * by Harucifer

So, Verge is pretty "big" for an alt/shitcoin. I remember the hype started when John McAffe (the "celeb" who gets paid for his tweets) tweeted about it, and it's been a shitshow ever since. And the dumb money KEEPS FLOWING IN.

Back in November/December, McAffe tweets about Verge (probably got his $105,000.00 for that). Hype starts building up.
Verge had a "Wraith Protocol" update coming up on a set date. Dev didn't keep true to his word and postponned it. When it finally came out, it wasn't anything impressive.
Dev made a post asking about paying taxes related to cryptos/coinbase. A few hours after said post, he started a "Give Verge to our pool so we can reveal big news on day XX/YY!!!1"
Didn't get enough money, some company matched the donation value so he would reveal it anyway.
Didn't reveal it. Postponned to April 16th.
Two days ago, their Blockchain was hacked.
Dev pushed a "fix" and said everything was fine. Wasn't, as hacker still mined free XVG.
Now Dev pushed another "fix". It was a hardfork. He didn't know it was a hardfork. Let me repeat that. The Dev. Didn't. Know. He. Pushed. A. Hard. Fork.
Despite all this, XVG is riding a pretty substantial rocket in value, gaining crazy percentages in a consolidated bear market. This honestly feels JUST LIKE BITCONNECT. Dumb money flows in, colorblind to all the red flags that keep popping up and probably thinking they're gray or green.

I'm at a loss for words. If anyone knows an exchange that allows me to short Verge, please PM it to me. I'll love some free money when this shit booms.

BTW that  company that matched donation value was no one else then Tokenpay ICO, in which xvg main dev is team member. Check their tweets luring money from ppl in form like: "don't be late for deal of century" or "guys if you can give 15 millions of xvg, we will pay the rest". Bitconnect style formulations...

[boxalex]

XVG deposits again suspended on Binance!

[iluvbitcoins]

https://www.reddit.com/r/CryptoCurrency/comments/8af0gc/let_me_get_this_straight_about_verge/

Let me get this straight about Verge... (self.CryptoCurrency)

submitted 10 hours ago * by Harucifer

So, Verge is pretty "big" for an alt/shitcoin. I remember the hype started when John McAffe (the "celeb" who gets paid for his tweets) tweeted about it, and it's been a shitshow ever since. And the dumb money KEEPS FLOWING IN.

Back in November/December, McAffe tweets about Verge (probably got his $105,000.00 for that). Hype starts building up.
Verge had a "Wraith Protocol" update coming up on a set date. Dev didn't keep true to his word and postponned it. When it finally came out, it wasn't anything impressive.
Dev made a post asking about paying taxes related to cryptos/coinbase. A few hours after said post, he started a "Give Verge to our pool so we can reveal big news on day XX/YY!!!1"
Didn't get enough money, some company matched the donation value so he would reveal it anyway.
Didn't reveal it. Postponned to April 16th.
Two days ago, their Blockchain was hacked.
Dev pushed a "fix" and said everything was fine. Wasn't, as hacker still mined free XVG.
Now Dev pushed another "fix". It was a hardfork. He didn't know it was a hardfork. Let me repeat that. The Dev. Didn't. Know. He. Pushed. A. Hard. Fork.
Despite all this, XVG is riding a pretty substantial rocket in value, gaining crazy percentages in a consolidated bear market. This honestly feels JUST LIKE BITCONNECT. Dumb money flows in, colorblind to all the red flags that keep popping up and probably thinking they're gray or green.

I'm at a loss for words. If anyone knows an exchange that allows me to short Verge, please PM it to me. I'll love some free money when this shit booms.

BTW that  company that matched donation value was no one else then Tokenpay ICO, in which xvg main dev is team member. Check their tweets luring money from ppl in form like: "don't be late for deal of century" or "guys if you can give 15 millions of xvg, we will pay the rest". Bitconnect style formulations...

Wasn't the arguement that he wanted to keep the money when he doesn't collect the 75m?
Wouldn't that break that intention? o.o

[bododk]

~2 mil coins mined last 8h ... keep up the good work

[BitPotus]

BTW that  company that matched donation value was no one else then Tokenpay ICO, in which xvg main dev is team member. Check their tweets luring money from ppl in form like: "don't be late for deal of century" or "guys if you can give 15 millions of xvg, we will pay the rest". Bitconnect style formulations...

Ah...

interesting.

I did not realize that a Verge Team member was part of Tokenpay.

https://www.tokenpay.com/

Sunerok - Verge Currency (XVG)
BLOCKCHAIN AUDIT


The plot thickens....

 

[boxalex]

a post from the verge topic from about 15 minutes ago:

Look at here:
http://yiimp.eu/site/mining

The x17 algorithm for XVG

25% at least of the blocks are "orphan"  thats not normal...

and here:
http://poolovich.pro/

also the x17...

orphans everywhere

[bododk]

~2 mil coins mined last 8h ... keep up the good work

[siege3967]

a post from the verge topic from about 15 minutes ago:

Look at here:
http://yiimp.eu/site/mining

The x17 algorithm for XVG

25% at least of the blocks are "orphan"  thats not normal...

and here:
http://poolovich.pro/

also the x17...

orphans everywhere

You have a link to this thread?

[boxalex]

a post from the verge topic from about 15 minutes ago:

Look at here:
http://yiimp.eu/site/mining

The x17 algorithm for XVG

25% at least of the blocks are "orphan"  thats not normal...

and here:
http://poolovich.pro/

also the x17...

orphans everywhere

You have a link to this thread?

of course:

https://bitcointalk.org/index.php?topic=1365894.11140