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Author Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!!  (Read 341878 times)
TequilaV
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March 29, 2014, 06:49:07 PM
 #4341

what's going on with fac?it looks that there many chinese here and they are really mad!!!well I also mad!!!stup1d platform!!!
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Hundsstern
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March 29, 2014, 06:55:10 PM
 #4342

hey keep on trolling, i want 300 pages in 2 day, 500 pages in a week. trolling is better way to achieve coin popularity, cmon bump bump gals

300 Pages in 2 days would be 1050 Pages in a week.

LOL
TriceT
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March 29, 2014, 06:56:33 PM
 #4343

Faircoin is unfrozen at Poloniex!
busoni
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March 29, 2014, 06:57:38 PM
 #4344

FAC market resumed on Poloniex.

I would like to point out that the developer was very responsive and helpful, and even covered half of the losses. Clearly dedicated to the coin.

Poloniex.com - Fast crypto exchange with margin trading, advanced charts, and stop-limit orders
SlientBit
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March 29, 2014, 07:00:43 PM
 #4345

FAC market resumed on Poloniex.

I would like to point out that the developer was very responsive and helpful, and even covered half of the losses. Clearly dedicated to the coin.

And I would like to point out that the busoni was also very responsive and helpful, and even covered the other half of the losses. Clearly dedicated to doing good business.

I've being waiting and voting for FAC into MintPal, but apart from the potencial, it's got NOTHING on Poloniex Grin
Not sure if I'll switch ...

sanbashiyi
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March 29, 2014, 07:02:53 PM
 #4346

 Grin  evidence
ITGeniusGuru
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March 29, 2014, 07:04:03 PM
 #4347

The whole thing is pretty straightforward. The FAC team dump more than 5 million coins to our exchange, traded with btc and withdrew it.

Who is the "FAC team" and where did they get 5 Million coins?
sanbashiyi
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March 29, 2014, 07:04:13 PM
 #4348

最新爆料!  Fair和 Comm 全是一个黑心团队干的。

我花了4个小时来解释目前的情况。

我提出要捐助 1个 BTC 做 Fair 2.0  没想到。 他们一手策划了事情。  我无需解释了。

之后,我接到了这个聊天记录!  去你们的吧。
---------------------------------------------------------------------

NXT-E 永远和骗子斗争到底!


村长
2014-03-29 23:01:42
大家刷起来
村长
2014-03-29 23:01:50
公平那边累死了
村长
2014-03-29 23:01:52
不看了
雨歌
2014-03-29 23:02:05
放弃公平吧
村长
2014-03-29 23:02:08
也就2个btc而已
雨歌
2014-03-29 23:02:16
修好了也没用了
村长
2014-03-29 23:02:16
还有几波
村长
2014-03-29 23:02:19
行情
村长
2014-03-29 23:02:12
看看吧
雨歌
2014-03-29 23:02:23
都残了
村长
2014-03-29 23:02:23
别急
村长
2014-03-29 23:02:25
有庄
六条命
2014-03-29 23:02:21

村长
2014-03-29 23:02:36
残不残没关系
六条命
2014-03-29 23:02:34

村长
2014-03-29 23:02:51
我只要确保别死就行了
油鸡
2014-03-29 23:02:48

村长
2014-03-29 23:03:09
群主难当
村长
2014-03-29 23:03:14
希望comm让我省点心
雨歌
2014-03-29 23:03:16
这个comm刷完了
雨歌
2014-03-29 23:03:23
谁当领导人啊
村长
2014-03-29 23:03:33
你们选
23:03:37
六条命
2014-03-29 23:03:37
谁刷的多谁当
wow is so cool .nxt-e  why say that fac and comm are the same team?
ITGeniusGuru
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March 29, 2014, 07:08:57 PM
 #4349

Here is my theory, please read below!
Therefore, if the quoted above is true, the attacker mined an entirely different fork, up to block 2500ish, by HIMSELF, allowing him to own the coins from the premine.
This allowed him to have control over all the 50M coins, and therefore deposit coins, reverse transactions, and so on. This is pretty much the only possibility IMO.


This sounds like a very plausible conspiracy theory.
Time to call the Interpol.
LeancyInvest
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March 29, 2014, 07:12:18 PM
 #4350

Exchange in poloniex is back on track.
altj
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March 29, 2014, 07:13:20 PM
 #4351


Therefore, if the quoted above is true, the attacker mined an entirely different fork, up to block 2500ish, by HIMSELF, allowing him to own the coins from the premine.
This entirely different chain had the most combined difficulty, allowing it to take over the current one (which had a very low diff.)
This allowed him to have control over all the 50M coins, and therefore deposit coins, reverse transactions (see quote #1), and so on. This is pretty much the only possibility IMO.



That's what I think happened.  It wouldn't have been too difficult to do with the low PoW difficulty of the coin.  Someone with a decent mining rig could probably have done it in a few days.
bbeikoff
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March 29, 2014, 07:14:52 PM
 #4352

nxt-e.com is crazy....  i think poloniex.com is more responsible!!

I Get Daily Free SIGNs. Come get yours too! Hurry!. T7LvKaCWU7nVXR3RXxnevvzwhvFc1UtLNU
jiangkand1
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March 29, 2014, 07:15:08 PM
Last edit: April 09, 2014, 11:15:20 AM by jiangkand1
 #4353

I hardly understand how retarded some people like you can be.

DO YOU REALLY THINK HE WOULD HAVE RISKED TO DUMP IT ALL AND KILL THE OCIN WHILE WE ARE FIRST IN MINTPAL?

MORON!
phreakmac
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March 29, 2014, 07:20:46 PM
 #4354

This coin recent performance good or bad Huh Huh

708 satoshi - not too bad for me
bitcoinsservice
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March 29, 2014, 07:23:48 PM
 #4355

FAC market resumed on Poloniex.

I would like to point out that the developer was very responsive and helpful, and even covered half of the losses. Clearly dedicated to the coin.

The devs really care about coin , I trust them.
y3804
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March 29, 2014, 07:25:08 PM
 #4356

Here is my theory, please read below!

Quote from: Bitcoin Wikipedia #1
An attacker that controls more than 50% of the network's computing power can, for the time that he is in control, exclude and modify the ordering of transactions. This allows him to:
  • Reverse transactions that he sends while he's in control
  • Prevent some or all transactions from gaining any confirmations
  • Prevent some or all other generators from getting any generations

The attacker can't:
  • Reverse other people's transactions
  • Prevent transactions from being sent at all (they'll show as 0/unconfirmed)
  • Change the number of coins generated per block
  • Create coins out of thin air
  • Send coins that never belonged to him

It's much more difficult to change historical blocks, and it becomes exponentially more difficult the further back you go.
As above, changing historical blocks only allows you to exclude and change the ordering of transactions.
It's impossible to change blocks created before the last checkpoint.

Quote from: Bitcoin Wikipedia #2
The client accepts the 'longest' chain of blocks as valid. The 'length' of the entire block chain refers to the chain with the most combined difficulty, not the one with the most blocks.

Quote from: NXT-E
The deposited coins were created out of the genesis block. Therefore the dev is the scammer, and the 50M were never distributed.

Therefore, if the quoted above is true, the attacker mined an entirely different fork using the same genesis block (i.e. simply not updating his config to update to the current fork), allowing him to own the coins from the premine.
This entirely different chain had the most combined difficulty (not the most blocks, see quote #2), allowing it to take over the current one (which had a very low diff.)

This means he could have rented a 300mh/s rig on betarig for 0.5 BTC and mined 6 hours to take over the current chain.

This allowed him to have control over all the 50M coins, and therefore deposit coins, reverse transactions (see quote #1), and deposit again, and so on. This is pretty much the only possibility IMO.

nightwishx
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March 29, 2014, 07:30:35 PM
 #4357

FAC market resumed on Poloniex.

I would like to point out that the developer was very responsive and helpful, and even covered half of the losses. Clearly dedicated to the coin.

good job! Wink

NXT-E=shit

Rraider
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March 29, 2014, 07:35:17 PM
 #4358

FAC market resumed on Poloniex.

I would like to point out that the developer was very responsive and helpful, and even covered half of the losses. Clearly dedicated to the coin.

And once again Busoni shows how to handle a problem !!!
truerue
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March 29, 2014, 07:37:01 PM
 #4359



The attacker mined an entirely different fork using the same genesis block (i.e. simply not updating his config to update to the current fork), allowing him to own the coins from the premine.



Thanks you for answering, it seems to be true.
NubRevealer
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March 29, 2014, 08:10:07 PM
 #4360

Here is my theory, please read below!

Quote from: Bitcoin Wikipedia #1
An attacker that controls more than 50% of the network's computing power can, for the time that he is in control, exclude and modify the ordering of transactions. This allows him to:
  • Reverse transactions that he sends while he's in control
  • Prevent some or all transactions from gaining any confirmations
  • Prevent some or all other generators from getting any generations

The attacker can't:
  • Reverse other people's transactions
  • Prevent transactions from being sent at all (they'll show as 0/unconfirmed)
  • Change the number of coins generated per block
  • Create coins out of thin air
  • Send coins that never belonged to him

It's much more difficult to change historical blocks, and it becomes exponentially more difficult the further back you go.
As above, changing historical blocks only allows you to exclude and change the ordering of transactions.
It's impossible to change blocks created before the last checkpoint.

Quote from: Bitcoin Wikipedia #2
The client accepts the 'longest' chain of blocks as valid. The 'length' of the entire block chain refers to the chain with the most combined difficulty, not the one with the most blocks.

Quote from: NXT-E
The deposited coins were created out of the genesis block. Therefore the dev is the scammer, and the 50M were never distributed.

Therefore, if the quoted above is true, the attacker mined an entirely different fork using the same genesis block (i.e. simply not updating his config to update to the current fork), allowing him to own the coins from the premine.
This entirely different chain had the most combined difficulty (not the most blocks, see quote #2), allowing it to take over the current one (which had a very low diff.)

This means he could have rented a 300mh/s rig on betarig for 0.5 BTC and mined 6 hours to take over the current chain.

This allowed him to have control over all the 50M coins, and therefore deposit coins, reverse transactions (see quote #1), and deposit again, and so on. This is pretty much the only possibility IMO.



and nxte wanted us to stay on that forked version, the version in which the attacker got 50Mil??? so fishy
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