WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ASIA COIN 3.2 BILLION!!!! PREMINE?

[Hollowman338]

Bum bum bum, another one bites the dust..

[Spoetnik]

sounds like a conspiracy to me ..stop spreading FUD and beeing a jealous hater you missed the train i guess and now your mad.

PS: Free Market.

[Hollowman338]

sounds like a conspiracy to me ..stop spreading FUD and beeing a jealous hater you missed the train i guess and now your mad.

PS: Free Market.

Tell me that was sarcasm.


Aforementioned train  

[XbladeX]

sounds like a conspiracy to me ..stop spreading FUD and beeing a jealous hater you missed the train i guess and now your mad.

PS: Free Market.

http://www.cryptoarticles.com/crypto-news/2014/5/3/asiacoin-proof-of-3-billion-extra-coins-in-existence?utm_source=dlvr.it&utm_medium=twitter
ASIACOIN : PROOF OF 3 BILLION EXTRA COINS IN EXISTENCe

[hiddensphinx]

shoot the bastard 

[FrigidWinter]

Guys does this say what I think it says?

Line 1606 Main.cpp

Code:

	uint256 prevHash = 0;
	if(pindex->pprev)
	{
		prevHash = pindex->pprev->GetBlockHash();
		// printf("==> Got prevHash = %s\n", prevHash.ToString().c_str());
	}

	if (vtx[0].GetValueOut() > GetProofOfWorkReward(pindex->nHeight, nFees) && pindex->nHeight != MIN_SUPPLY)
		return false;

[JiePanXia]

a premine scam.
the dev want to fool ppl twice with AC v2.

[micryon]

a premine scam.
the dev want to fool ppl twice with AC v2.

Scam of epic proportions.. helped along by greedy exchanges that put the coin up very early.  It netted a *lot* of people.  Was highest volume on mintpal for a week... Hard to know how much was scammed.. maybe as much as $1m.

Anyways, I put up the src on github, with the markers //SCAM : url=https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform

and posted an analysis of the code markers here: https://bitcointalk.org/index.php?topic=566870.msg6535095#msg6535095

Amazingly this SCAM code fragment has been found on several other coins on github...

[01001011]

can you tell us which other coins had the same scam code?

[Spoetnik]

a premine scam.
the dev want to fool ppl twice with AC v2.

Scam of epic proportions.. helped along by greedy exchanges that put the coin up very early.  It netted a *lot* of people.  Was highest volume on mintpal for a week... Hard to know how much was scammed.. maybe as much as $1m.

Anyways, I put up the src on github, with the markers //SCAM : url=https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform

and posted an analysis of the code markers here: https://bitcointalk.org/index.php?topic=566870.msg6535095#msg6535095

Amazingly this SCAM code fragment has been found on several other coins on github...

good job 

[micryon]

can you tell us which other coins had the same scam code?

Thread here: https://bitcointalk.org/index.php?topic=595056.0

[01001011]

thanks!

[mullick]

I cross posted this from the ANN thread. Seems me and micryon came to the same conclusion independently. I never got as far as checking other files besides main.h and main.cpp



Ok so here are my findings so far. Please correct me if any of this is wrong. Im on about 24 hours without sleep at this point

Note these:

static const int64 MIN_SUPPLY = 1

static const int64 MIN_STAGE_AMOUNT = 10

(Both in main.h I believe)

Here is the meat

Bypass function 1

Code:

if (txout.nValue > MAX_MONEY * MIN_STAGE_AMOUNT) 

return DoS(100, error("CTransaction::CheckTransaction() : txout.nValue too high"));

Which should say if a transaction is larger than MAX_MONEY return error.

But is modified to say

If transaction is larger than MAX_MONEY * 10 ( = 3.4 Billion) return error

Bypass Function 2

Code:

	if (vtx[0].GetValueOut() > GetProofOfWorkReward(pindex->nHeight, nFees) && pindex->nHeight != MIN_SUPPLY)
		return false;

This should state. If BlockValue is larger than GetProofOfWorkReward return false

But is modified to say

If BlockValue is larger than GetProofOfWorkReward And is not block 1 return false

Bypass Function 3

MAX_MINT_PROOF_OF_WORK is just completely removed



There are still a few things im uncertain about. But the database does not lie.

http://199.231.191.241:2750/chain/AsiaCoin?hi=19&count=20  (Please keep in mind with this explorer. All addresses are not correct. Had some issues with the base58.h in asiacoin)

Block     Approx. Time   Transaction Value Out      Difficulty     Outstanding  Average Age     Chain Age   % CoinDD

1    16:00:06                 1           3240000100   0.0     3240000100    0           6.94444e-05   0%

[reRaise]

a premine scam.
the dev want to fool ppl twice with AC v2.

Scam of epic proportions.. helped along by greedy exchanges that put the coin up very early.  It netted a *lot* of people.  Was highest volume on mintpal for a week... Hard to know how much was scammed.. maybe as much as $1m.

Anyways, I put up the src on github, with the markers //SCAM : url=https://github.com/micryon/AsiaCoinFix/search?q=SCAM&ref=cmdform

and posted an analysis of the code markers here: https://bitcointalk.org/index.php?topic=566870.msg6535095#msg6535095

Amazingly this SCAM code fragment has been found on several other coins on github...

Prior to this mess i made a Topic here, warning everyone to not get fooled by the high volume and mintpal adding it and exchanges being irresponsible and addressed some concerns which all came true.

[r0ach]