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EvilDave
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January 16, 2015, 06:53:22 PM |
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Before you start freaking out, mate, try reading this: https://bitcointalk.org/index.php?topic=897493.0CynicSOB is attempting to prove the vulnerablities of PoS coins, and he started off with Apexcoin, as it appeared to be fairly dead. (I'm hoping he'll have a try at NXT or a NXT clone as his following target) So, are you the Apexcoin dev, chemikali ? Several people have tried today to get in touch with Apexcoin, to get their side of the story, but no-one seems to be at home. |
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chemikali
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Activity: 54
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January 16, 2015, 07:15:47 PM |
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Before you start freaking out, mate, try reading this: https://bitcointalk.org/index.php?topic=897493.0CynicSOB is attempting to prove the vulnerablities of PoS coins, and he started off with Apexcoin, as it appeared to be fairly dead. (I'm hoping he'll have a try at NXT or a NXT clone as his following target) So, are you the Apexcoin dev, chemikali ? Several people have tried today to get in touch with Apexcoin, to get their side of the story, but no-one seems to be at home. Looks like the monero bs, why not start with paycoin, simply for biggest gains..... |
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EvilDave
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January 16, 2015, 07:39:05 PM |
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 Anyone else around ? chemikali seems to not understand what's going on.
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richiela
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January 16, 2015, 08:03:01 PM |
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All, I just received this from this from one of the devs... Not sure why he didn't post in the thread. Based on this, I will be reopening the market and wallets but DEPOSITS WILL NOT BE PROCESSED until we update the wallet. Please do not deposit to your bittrex address until the wallet is updated.
*UPDATE* - Wallet and markets have been reopened...
Thanks,
Richie
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APEX fix comin
« Sent to: richiela on: Today at 06:48:53 PM »
Reply with quoteQuote ReplyReply Remove this messageDelete
Hi
I'm one of the APEX devs, we are one of the Blocknet coins and we will be back with new crew in start of feb, but Dan from XC are fixing the source for us now for APEX, you should see the new code at github in 2-5 days, the fix is to lower the drifttime from 24hrs to 5min .. also we are adding a checkpointserver.
So rest asure APEX will be back stronger than ever, WE have plans Wink
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Rent_a_Ray
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January 17, 2015, 02:29:31 PM |
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What's the idea behind? Why did they set it to +/- 24h ? inline int64_t PastDrift(int64_t nTime) { return nTime - 24 * 60 * 60; } // up to 1 day from the past
inline int64_t FutureDrift(int64_t nTime) { return nTime + 24 * 60 * 60; } // up to 1 day from the future |
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OdinYggd
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January 18, 2015, 12:02:58 AM |
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I will file a lawsuit with trex and suggest everyone, that have apexcoin still at trex, to do the same.
Lawsuits in crypto don't get anywhere unless there more than $50,000 involved. Also just so you are aware. Bittrex has taken great strides in automating the detection of blockchain faults. Their system will automatically recognize common types of blockchain-altering fraud such as hidden premine and doublespending, and will suspend the wallet and market immeadiately on detection. They started doing this after a few particularly bad scamcoins came through, and since then the system has proven itself highly efficient and able to catch the majority of common exploits. |
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cynicSOB
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yes, sometimes I'm a cynical SOB
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January 18, 2015, 03:57:58 AM |
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What's the idea behind? Why did they set it to +/- 24h ? inline int64_t PastDrift(int64_t nTime) { return nTime - 24 * 60 * 60; } // up to 1 day from the past
inline int64_t FutureDrift(int64_t nTime) { return nTime + 24 * 60 * 60; } // up to 1 day from the futureMy question is why do they think this fill fix the problem? I think there is no specific problem with apex (besides the lack of checkpoints and the cheap price which made it possible for me to buy enough to attack), it's more like a design thing of POS: everything is working as designed! |
For more secure coins: 1EqekC9YVhiWLYjG3mfKNJwrf5s3YS46WW
For the lulz:1EqekC9YVhiWLYjG3mfKNJwrf5s3YS46WW
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kiklo
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Merit: 1000
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January 18, 2015, 07:33:11 AM
Last edit: January 18, 2015, 09:07:47 AM by kiklo |
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My question is why do they think this fill fix the problem?
I think there is no specific problem with apex (besides the lack of checkpoints and the cheap price which made it possible for me to buy enough to attack), it's more like a design thing of POS: everything is working as designed!
Apex dev must think that a 24 hr time drift helped you pull off the attack , so are you saying that during your attack there was no time drift to be concerned about? Question for you , Not a programmer so bear with me. What if there was a code added to the apex wallet , that if anyone staked at anytime with over 45% of the ( total # of coins X current difficulty%), it automatically causes that block to split without giving any interest back. Therefore on the next attempt, your block strength is half and coin age starts over . So it would mean any staker always receives 0 back if over 45% of ( total # of coins X current difficulty%). Would something like this diffuse your attack? Thanks, Kiklo |
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Rent_a_Ray
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Activity: 1330
Merit: 1037
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January 18, 2015, 12:23:28 PM |
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What's the idea behind? Why did they set it to +/- 24h ? inline int64_t PastDrift(int64_t nTime) { return nTime - 24 * 60 * 60; } // up to 1 day from the past
inline int64_t FutureDrift(int64_t nTime) { return nTime + 24 * 60 * 60; } // up to 1 day from the futureMy question is why do they think this fill fix the problem? I think there is no specific problem with apex (besides the lack of checkpoints and the cheap price which made it possible for me to buy enough to attack), it's more like a design thing of POS: everything is working as designed! You did not explain your hack. My first thought was timejacking, but tell us more  I am really interested in make POS safer. Btw. a 1 day drift is a security hole. Another idea: You mint at a time (with a huge amount of coins) where nobody mints. But that's only possible with dead coins. Cheers, Ray |
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VERUMinNUMERIS
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January 19, 2015, 06:47:35 AM |
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So did gecko and the Marlboro guy really give up on this coin?
I hope the dev can keep going without any proper funding.
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richiela
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January 20, 2015, 06:16:01 PM |
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Wallet has been updated and all pending deposits have been credited. Thanks to the dev team for the quick response.
thanks,
richie@bittrex
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SecretsOfCrypto
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January 20, 2015, 06:18:13 PM |
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BlockNET death I think. Dev, are you still working on this?
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chemikali
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January 21, 2015, 04:47:46 PM |
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Where is blackjack, still testing after all these months I suppose... 100% transparency my ass |
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chemikali
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January 21, 2015, 06:50:34 PM |
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Maybe those part time russian devs of you have caused more drama then jimmy/malboroman and where are your Las Vegas connections....and let's not forget the Apexcoin from community to fund multipool... |
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altcoinUK
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January 23, 2015, 01:03:40 PM
Last edit: January 23, 2015, 01:19:28 PM by altcoinUK |
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Give them a chance to succeed and lets hear how the new team want to progress.
The coin is dead anyway, let see where the new/old devs want to take it. It was lots of scammy BS from Marlboroman and Gecko about the Las Vegas connection and all those nonsenses, let see what's the new team's plan.
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VERUMinNUMERIS
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January 23, 2015, 06:28:27 PM |
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I can't believe apex keeps dropping. Thought 500 was bottom.
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Splatters
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★YoBit.Net★ 1400+ Coins Exchange
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January 23, 2015, 08:05:46 PM |
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will this update bring the coin back over 2k or what's gonna happen? Stay tuned!! For me apex has never pumped as it deserve.
It's just an hope!
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I know why your pray will never be answered!
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Otsu
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January 25, 2015, 07:13:10 PM |
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That's amazing stuff, usually devs would give up once they get hacked or run into problems but APEX dev takes it head on and fixes it, which takes the utmost skills in coding know how. As for Bob/Gekko/Jimmy, they can all go to hell, they couldn't pump for shit lol!
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chemikali
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January 26, 2015, 07:59:04 PM |
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That's amazing stuff, usually devs would give up once they get hacked or run into problems but APEX dev takes it head on and fixes it, which takes the utmost skills in coding know how. As for Bob/Gekko/Jimmy, they can all go to hell, they couldn't pump for shit lol!
Really amazing that you kiss ass of part time devs hired by gekko and you want gekko go to hell..... |
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