Network Attack on XVG / VERGE

[CHIEF56]

Recently I saw information about the fact that Verge entered into an alliance with a very large pornhab. Hence, capitalization has grown quite strongly. Maybe hackers have an interest in this coin?

Perhaps they have an interest, but I doubt due to PornHub.

And actually, Verge has lost market cap and is losing value at the moment.

[boxalex]

As i have 2 experts here, what are the reasons the difficulty on XVG myriad-groestl raises from 1 second to another from 2M up to 6.2M for about 10-15 minutes and than back to normal? (happened some days ago)

What chart or tool are you using to see the difficulty? When did that spike occur?

While I'm no expert, I'll give you a few guesses as to why. 

Actually, it seems like there is a pattern of events occurring regularly for periods of 3 hours or so where difficulty doubles, then comes back down.

I first noticed it on Awesome Miner where i have all my Asics on to easier control them all. I'am mining with Baikal X10's on Myriad-Groestl.

By coincidence i just was looking exactly on these Baikals and Myriad-Groestl when i noticed that really from 1 second to another the difficulty jumped from
2.2M which is anyway very high and in that range it normally bounces back to below 1M, it raised to 6.2M, which is nearly 3x the normal highest difficulty
on that algo.

First i thought it might be some bug, glitch whatever by awesomeminer but on suprnova poolstats i saw the same 6.12 something stats for difficulty.

It happened around 01:00 - 01:11:19, The timestamp of my post which i made in this forum topic (page 55, #1084)  22-04-2018, 01:11:19 was right after
i saw difficulty confirmed on suprnova as well.

It just was strange and mostly if i had not overlooked my mashines right and that moment i mostly would not have noticed.

Your ideas?

[ezimedia]

What is this news going around that there was a hack on the VRG blockchain millions of coins mined.... ?

[CHIEF56]

Maybe I am missing something But, can someone explain how new blocks are being mined and total reward is higher than 1560 ?

https://verge-blockchain.info/tx/c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb

Input Addresses: New Coins
Recipients Address: DQmAPDFTEkYVAdfT3WdRoTGb9XpcKoRGJ2   
Amount (XVG): 1579.10000000

https://verge-blockchain.info/api/getrawtransaction?txid=c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb&decrypt=1

Code:

{
  "hex": "020000008a59e15a010000000000000000000000000000000000000000000000000000000000000000ffffffff1f03fde01f062f503253482f04535ae15a08810138547f0b00007969696d7000000000000160271f5e00000000232102d7453b70570290ecaade863073fac702d4d5dad245597d790b08cac9fcca4781ac00000000",
  "txid": "c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb",
  "version": 2,
  "time": 1524717962,
  "locktime": 0,
  "vin": [
    {
      "coinbase": "03fde01f062f503253482f04535ae15a08810138547f0b00007969696d7000",
      "sequence": 0
    }
  ],
  "vout": [
    {
      "value": 1579.1,
      "n": 0,
      "scriptPubKey": {
        "asm": "02d7453b70570290ecaade863073fac702d4d5dad245597d790b08cac9fcca4781 OP_CHECKSIG",
        "hex": "2102d7453b70570290ecaade863073fac702d4d5dad245597d790b08cac9fcca4781ac",
        "reqSigs": 1,
        "type": "pubkey",
        "addresses": [
          "DQmAPDFTEkYVAdfT3WdRoTGb9XpcKoRGJ2"
        ]
      }
    }
  ],
  "blockhash": "42fac996b7b24a7296ad4eabb4532912899deb700001c4b81d1d1572844dc9aa",
  "confirmations": 330,
  "blocktime": 1524717962
}

[Titus Maximus]

So does Pornhub accepting verge make it the most accepted and usable cryptocurrency to date? Considering Pornhub is ranked #14 for highest traffic on the internet.

3 billion of visitors every month and still the price tanked after the announcement which makes me wonder what people were expecting. My only question is when will this payment option be implemented on the site?

[btcgreen63]

...which makes me wonder what people were expecting.

Probably because it depends on the people smart enough to know how to use cryptocurrency yet dumb enough to pay for porn.

[Slemicek]

...which makes me wonder what people were expecting.

Probably because it depends on the people smart enough to know how to use cryptocurrency yet dumb enough to pay for porn.

This.
Also after 3days main pornhubpage xvg banner dissapeared ,now majority of ppl visiting pornhub don´t give a fuck or didn´t even notice xvg payment option.
6,5m $ well spent...

[boxalex]

As i have 2 experts here, what are the reasons the difficulty on XVG myriad-groestl raises from 1 second to another from 2M up to 6.2M for about 10-15 minutes and than back to normal? (happened some days ago)

What chart or tool are you using to see the difficulty? When did that spike occur?

While I'm no expert, I'll give you a few guesses as to why. 

Actually, it seems like there is a pattern of events occurring regularly for periods of 3 hours or so where difficulty doubles, then comes back down.

I first noticed it on Awesome Miner where i have all my Asics on to easier control them all. I'am mining with Baikal X10's on Myriad-Groestl.

By coincidence i just was looking exactly on these Baikals and Myriad-Groestl when i noticed that really from 1 second to another the difficulty jumped from
2.2M which is anyway very high and in that range it normally bounces back to below 1M, it raised to 6.2M, which is nearly 3x the normal highest difficulty
on that algo.

First i thought it might be some bug, glitch whatever by awesomeminer but on suprnova poolstats i saw the same 6.12 something stats for difficulty.

It happened around 01:00 - 01:11:19, The timestamp of my post which i made in this forum topic (page 55, #1084)  22-04-2018, 01:11:19 was right after
i saw difficulty confirmed on suprnova as well.

It just was strange and mostly if i had not overlooked my mashines right and that moment i mostly would not have noticed.

Your ideas?

up and back to topic. Anybody a suggestion how and why this can happen?

[boxalex]

Maybe I am missing something But, can someone explain how new blocks are being mined and total reward is higher than 1560 ?

https://verge-blockchain.info/tx/c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb

Input Addresses: New Coins
Recipients Address: DQmAPDFTEkYVAdfT3WdRoTGb9XpcKoRGJ2   
Amount (XVG): 1579.10000000

https://verge-blockchain.info/api/getrawtransaction?txid=c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb&decrypt=1

Code:

{
  "hex": "020000008a59e15a010000000000000000000000000000000000000000000000000000000000000000ffffffff1f03fde01f062f503253482f04535ae15a08810138547f0b00007969696d7000000000000160271f5e00000000232102d7453b70570290ecaade863073fac702d4d5dad245597d790b08cac9fcca4781ac00000000",
  "txid": "c77d519103217a5d440699f1b45dc5854a5eaea0bf970332671b8c1365655acb",
  "version": 2,
  "time": 1524717962,
  "locktime": 0,
  "vin": [
    {
      "coinbase": "03fde01f062f503253482f04535ae15a08810138547f0b00007969696d7000",
      "sequence": 0
    }
  ],
  "vout": [
    {
      "value": 1579.1,
      "n": 0,
      "scriptPubKey": {
        "asm": "02d7453b70570290ecaade863073fac702d4d5dad245597d790b08cac9fcca4781 OP_CHECKSIG",
        "hex": "2102d7453b70570290ecaade863073fac702d4d5dad245597d790b08cac9fcca4781ac",
        "reqSigs": 1,
        "type": "pubkey",
        "addresses": [
          "DQmAPDFTEkYVAdfT3WdRoTGb9XpcKoRGJ2"
        ]
      }
    }
  ],
  "blockhash": "42fac996b7b24a7296ad4eabb4532912899deb700001c4b81d1d1572844dc9aa",
  "confirmations": 330,
  "blocktime": 1524717962
}

another up for an open unanswered question?!

[Janosheek]

The reason why difficulty is raised is because more hash power is thrown at the network. There can be many reasons for this. Unless the person/group who is doing it comes in here and tells us why...we are all just guessing. Who knows? Maybe they want to mine Verge for 15 minutes and then switch to something else for a little while and then they come back.

^ this assumes that what you are saying is true and the difficulty is in fact being raised (i didn't take the time to verify this)

[boxalex]

The reason why difficulty is raised is because more hash power is thrown at the network. There can be many reasons for this. Unless the person/group who is doing it comes in here and tells us why...we are all just guessing. Who knows? Maybe they want to mine Verge for 15 minutes and then switch to something else for a little while and then they come back.

^ this assumes that what you are saying is true and the difficulty is in fact being raised (i didn't take the time to verify this)

You know what kind of hashpower would be needed to raise the difficulty from one second to another 3x times and that while it was near its normal peek of diffuclty 2M - 2.5M?? Seriously, on Myriad-Groestly thats a big amount of Baikals that had to be switched on and off for 15 minutes only.

I do not say it's not possible, but i doubt you have seen something similar so far that a hashrate goes up on it's peek 3x times, dude, thats hugeeee hashpower if it was hashpower.

And yes, why the hell should i lie about it? I even described minute by minute how i discovered it even with exact time. +/- 5 minutes, so easy to check for someone that has the ability and skill.

[mathematical-project]

It's an amazing coin. There are always a lot of opposing gossip around this coin. But it seems to me that this will be a very interesting and successful project.

[tiCeR]

So does Pornhub accepting verge make it the most accepted and usable cryptocurrency to date? Considering Pornhub is ranked #14 for highest traffic on the internet.

No. Because cca 3-5% of ppl pay for premium on porn hub and from this percentage mb 1% will pay with xvg. It's more advertisement.  Most used currencies are Btc and those used on darknet markets obviously.

I wonder how this connection between Verge and Pornhub actually came to existence? Who did reach out to whom? Does anybody know anything?

[boxalex]

I wonder how this connection between Verge and Pornhub actually came to existence? Who did reach out to whom? Does anybody know anything?

It was mentioned by the Verge dev that pornhub/mindgeek contacted them ... if i remember right it was mentioned in an interview or statement he gave.

[maxgam]

Is it safe to mine now?

[asd12.123162]

I get why you're pissed off and I'm a total noob here, but I gotta say that I think they need you ocminer.
WE need people like you running the pools and keeping an eye on things for the rest of us. In this quickly evolving space we need a lot more than straight up profit-takers. We need people who give a shit about doing this thing right.
I hope you change your mind about XVG. I'd use your pool at double the fee exactly because you care about more than profits.

[Hueristic]

So does Pornhub accepting verge make it the most accepted and usable cryptocurrency to date? Considering Pornhub is ranked #14 for highest traffic on the internet.

No. Because cca 3-5% of ppl pay for premium on porn hub and from this percentage mb 1% will pay with xvg. It's more advertisement.  Most used currencies are Btc and those used on darknet markets obviously.

I wonder how this connection between Verge and Pornhub actually came to existence? Who did reach around out to whom? Does anybody know anything?

FTFY

[dutcha9heures]

So does Pornhub accepting verge make it the most accepted and usable cryptocurrency to date? Considering Pornhub is ranked #14 for highest traffic on the internet.

3 billion of visitors every month and still the price tanked after the announcement which makes me wonder what people were expecting. My only question is when will this payment option be implemented on the site?

hmm it seems that pornhub wont be affiliate to XVG

source :

https://www.techworm.net/2018/04/pornhub-brazzers-collaboration-fail-to-help-verge-xvg.html

[Titus Maximus]

I wonder how this connection between Verge and Pornhub actually came to existence? Who did reach out to whom? Does anybody know anything?

It was mentioned by the Verge dev that pornhub/mindgeek contacted them ... if i remember right it was mentioned in an interview or statement he gave.

If that is accurate then it would be big for me, it's one thing reaching out to hundreds or thouands of potential partners, but if Pornhub contacted Verge proactively you have to wonder what is going on behind the scenes. You would think that more established coins like Dash or Monero would be the 1st choice.

[Slemicek]

I wonder how this connection between Verge and Pornhub actually came to existence? Who did reach out to whom? Does anybody know anything?

It was mentioned by the Verge dev that pornhub/mindgeek contacted them ... if i remember right it was mentioned in an interview or statement he gave.

If that is accurate then it would be big for me, it's one thing reaching out to hundreds or thouands of potential partners, but if Pornhub contacted Verge proactively you have to wonder what is going on behind the scenes. You would think that more established coins like Dash or Monero would be the 1st choice.

"Hi, if you give us 5 millions $ we will accept your currency on pornhub" ... I think that I know how Dash or Monero devs would react