[ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread

[520Bit]

We have released our Bug Bounty program: https://counterparty.co/bug-bounty-program/

Comments/suggestions welcome.

Great to hear this.

[Anotheranonlol]

Hah! Ooops, for some reason, an old edit got restored that had that $4 category (we had taken it out). Still, we will honor this as our first bug bounty find!  Send your address to bounties@counterparty.co and we'll send you some BTC dust.

Hehe please, donate to developer beer-fund instead, 1/2 a pint

Great initiative with this bounty. Had not followed recent drama in past days but team seems to be handling everything in their stride.
Happy to be a part in this community. Hope some kinks can be ironed out gradually.

[OTK47]

Right so just trying to get my head round this. I had bought some xcp before the bug. Is the 7000 missing xcp just from that which was bought during the dump or all xcp on the site. I.e. Will I lose all of my xcp or just any that was purchased as the price fell. Also I'd be happy to donate bitcoin but having trouble reindexing blockchain on counterpartyd so can't send xcp.

[minuchi.str]

Right so just trying to get my head round this. I had bought some xcp before the bug. Is the 7000 missing xcp just from that which was bought during the dump or all xcp on the site. I.e. Will I lose all of my xcp or just any that was purchased as the price fell. Also I'd be happy to donate bitcoin but having trouble reindexing blockchain on counterpartyd so can't send xcp.

XCP on the site is safe, atleast for now 

[Mrrr]

Correct me if I'm wrong but this is what I understood:

Someone sold 35k fake XCP on Poloniex. Then withdrew the BTC. After the hack was discovered Poloniex lost this 35k XCP. If the hacker would return the BTC everything could just be rolled back and everyone would have the same amount of XCP or BTC as before the hack. However, some people withdrew 7k XCP from Poloniex before trade was halted, and Poloniex never received this 7000XCP from the hacker (they got fakes). So if everyone were to withdraw their XCP now Poloniex would be 7k short. So no you won't lose your XCP we just need to figure out a way to come up with 7000 XCP to cover the loss.

-people who withdrew the 7k could return the XCP
-community could donate 7k
-Poloniex could sell a kidney to cover it themselves

I'd advise you to sit back and let the devs and poloniex handle the situation. They've already shown to be very competent, professional and trustworthy and they will fix this one way or the other. And if at any point your nerves get the better of you remember it could have been far worse; if you hadn't burned your BTC they would still be in your Mt. Gox account

[qtgwith]

I don't know whether the XCP rollback and platform rollback is a way.

Maybe one solution:

1.Hacker return BTC back.

2.XCP rollback. All XCPs go back the address before the attack. So these XCP withdrawals after the attack will go back to the platform account.

3.Platform rollback

[Bellebite2014]

I'd advise you to sit back and let the devs and poloniex handle the situation. They've already shown to be very competent, professional and trustworthy and they will fix this one way or the other. And if at any point your nerves get the better of you remember it could have been far worse; if you hadn't burned your BTC they would still be in your Mt. Gox account

Alleluia to this.

[IamNotSure]

I bought some XCP at 0.002 during the crash. I'm happy to return them to poloniex but where should we send them? Or are we just waiting to hear back from everyone still?

This is a nice attitude. I think the best is to contact poloniex directly and handle this with them.

I'm glad to see that all hope is not lost and I can still have faith in humanity! I'd send you some karma if I could.

Since you are the first to come out of the wood, and if you can send me the proof that you returned the XCP, I can sell you a percentage of these XCP at that bargain price (if you still want to hold XCP of course)

disclaimer : I don't own much XCP, and while I saw the dump happening, I didn't took advantage of it.

[Set me free-Im not slave]

XCP is an interesting project. I'm watching silently.

[OTK47]

Okay thanks for the quick replies guys I will just wait let them get on with sorting this

[cosmofly]

hi guys, i am buying XCP @ 0.003BTC , please PM with offers.

[Patel]

Is there a command to see which version you are running?

Also, is this the command everyone is using to update to the latest version?

C:\Python32\python.exe setup.py update

[520Bit]

The development team has extended a 12 BTC reward to the hacker for finding the security flaws, contingent upon returning the missing BTC. We are waiting to hear back.

We have offered these BTC out of our pockets, but, beyond that, we hope the community can pull together to make things right. As a reminder, the donation address for the security bouty is: <14Tf35AovvRVURzd623q5i9kry2EW8WzyL>.

What we do next depends on what the hacker does.

Regarding the discussion on a XCP "tax" or "re-burn", we can state this: The strength of Counterparty's community helps differentiate us from other projects, and it is precisely that strength which makes it clear it is best not to introduce a new burn period.

While the protocol will become more secure and robust as time goes on and our community grows, it is also the case that if there are serious bugs in the future, more people will be affected, and, as a project, Counterparty will have more to lose. Our decisions now will determine how the community evolves, and by demonstrating our collective firmness, we are setting important precedent for the future: those who invest in XCP are investing in a currency with a stable money supply, the integrity of which will be maintained even in difficult circumstances.

Take Bitcoin as an example: there have been times in Bitcoin's history where a serious bug could have been dealt with by, for example, increasing the total number of Bitcoins. If this had happened, would Bitcoin still be seen as an example of stable money supply and good store-of-value?

The seriousness of this bug should not be underplayed, but by taking our growing pains in their stride, we are strengthening Counterparty for the future.

Waiting for the hacker's response.

[520Bit]

Is there a command to see which version you are running?

Also, is this the command everyone is using to update to the latest version?

C:\Python32\python.exe setup.py update

counterpartyd -V to check out the version.

Yes.

[520Bit]

How to rebuild to counterpartyd.8.db?

I am at counterpartyd.7.db right now.

[Patel]

How to rebuild to counterpartyd.8.db?

I am at counterpartyd.7.db right now.

I believe you can delete your counterparty database  and it will force a rebuild

C:\Users\Owner\AppData\Roaming\Counterparty\counterpartyd

[520Bit]

How to rebuild to counterpartyd.8.db?

I am at counterpartyd.7.db right now.

I believe you can delete your counterparty database  and it will force a rebuild

C:\Users\Owner\AppData\Roaming\Counterparty\counterpartyd

Any command to do that?

[520Bit]

How to rebuild to counterpartyd.8.db?

I am at counterpartyd.7.db right now.

I believe you can delete your counterparty database  and it will force a rebuild

C:\Users\Owner\AppData\Roaming\Counterparty\counterpartyd

Any command to do that?

I deleted the old database, but the new database is still counterpartyd.7.db when I run counterpartyd server.

[SkillRoad]

Counterparty XCP runs so fast. Being stumbled once is very normal.

Get up after stumbled!

[wwdz99]

How to rebuild to counterpartyd.8.db?

I am at counterpartyd.7.db right now.

I believe you can delete your counterparty database  and it will force a rebuild

C:\Users\Owner\AppData\Roaming\Counterparty\counterpartyd

I already delete my counterparty database,but when it rebuild ,the database is still 7.db,what happens?

my client version is 6.0.how to solve it, thanks.