ANN: [OPAL] | POS | Secure Messaging |NO ICO

[kennyP]

hypothetical, lets say jl777 & SuperNET lost access to their OPAL private keys (don't think that will happen, but lets imagine it did) ... I think if we rolled back for this, we'd have to rollback for SuperNET 10% too ... see where this is heading? If you do it once, then we all know it WILL happen again, but we don't know the circumstances. Too much uncertainty for a decentralised crypto to survive

Don't do it!

[1714095293]

1714095293

[Coinler]

it goes without saying i support the rollback as the only solution that really solves the problem faced by opalcoin atm. i had hoped that they wouldve caught this before the thief made off with more coins. if only the 2.7btc dumped on bittrex was all of it we'd be ok for no rollback. but 2.5million is too much and im sure the users will be glad to know that justice will be served by a rollback. hopefully the decision and action can be taken quickly so we can resume trading. i am unable to buy coins from investors who want to sell for cheap atm. lol

rollback is madness ... everyone just needs to get down on their knees, the hacker dumps for a profit, prices crashes momentarily, we all get a facial, we wipe it off, and move on. Important point is the blockchain integrity remains, so confidence is 100%.

rollback for this is a slippery slope into centralised oblivion. it's not a fatal hack

i dont know who ur trying to sell that "rollback is centralization" garbage but i wont buy it. we take the money back from thieves. opal team provides security to it's investors from largescale theft. no rollback he says. let the thiefs cashout for profit. lmao 

[altcoin.center]

Hey a little off topic but I downloaded the new wallet and its giving me no connections or anything to sync? Am I doin something wrong? Do I just download the wallet then open it and wait till it syncs?

Try adding the nodes in OP

You can also try using the Altcoin.Center high availability seed nodes:

addnode=seeds.altcoin.center
addnode=seeds.altcoincenter.eu
addnode=seeds.altcoincenter.us

addnode=192.99.111.227
addnode=198.50.151.86
addnode=5.196.226.54
addnode=5.196.29.188

- Jyri
--
Altcoin.Center

[kennyP]

it goes without saying i support the rollback as the only solution that really solves the problem faced by opalcoin atm. i had hoped that they wouldve caught this before the thief made off with more coins. if only the 2.7btc dumped on bittrex was all of it we'd be ok for no rollback. but 2.5million is too much and im sure the users will be glad to know that justice will be served by a rollback. hopefully the decision and action can be taken quickly so we can resume trading. i am unable to buy coins from investors who want to sell for cheap atm. lol

rollback is madness ... everyone just needs to get down on their knees, the hacker dumps for a profit, prices crashes momentarily, we all get a facial, we wipe it off, and move on. Important point is the blockchain integrity remains, so confidence is 100%.

rollback for this is a slippery slope into centralised oblivion. it's not a fatal hack

i dont know who ur trying to sell that "rollback is centralization" garbage but i wont buy it. we take the money back from thieves. opal team provides security to it's investors from largescale theft. no rollback he says. let the thiefs cashout for profit. lmao  

we'll ALL see what the market says I guess. any serious crypto true believer will NOT accept a rollback under any circumstances.

Who is deciding to do this? There's been no vote, so this is unilateral decision from a small group of people. That small group is a central power for OPAL. Can't really see this any other way. I own 0.5% of OPAL and yet I have no say, so for me OPAL is in centralised control by bassguitarman and other guys, not the holders.


edit: what about when someone proves pedophiles or terrorists are using OPAL, rollback then?

You tell me where the rollback cutoff starts ... so we ALL know for next time
- 1 OPAL hack
- 100 OPAL hack
- 1000 OPAL hack
- 10,000 OPAL hack
- 100,000 OPAL hack
- 1,000,000 OPAL hack
- 10,000,000 OPAL hack

[altcoin.center]

Everyone,

I just became aware of the hacking/backdoor issue while reading the backlog.

I'm truly sorry for everyone who suffered loss of OPAL.

I have a long background (15+ years) in the IT security field, and as it happens it was only couple of days ago when I was thinking that some new trust based system is required to protect the crypto scene against hacking such as the one that just hit OPAL. I do have some ideas regarding this that I'd be happy to try out with the OPAL team.

I've also been in touch with the chief of research of the Finnish anti-malware company F-Secure, proposing co-operation and hoping that they will get interested in coming up with solutions that will help crypto users secure their assets.

Yours,

Jyri
--
Altcoin.Center

[PhilipMorris]

no rollback
rollback = centralised

from what I understand, a hacker having 17% of coins is also centralization if the network weight is low enough

hacker wants $$, not to destroy OPAL - he will sell to make profit, not 51%, he's not a crypto terrorist with philosophical demands. Hacker is not stupid. Result of NO rollback is cheap coins and temporary 'Jacques Cousteau' for current investors (under water for a while).

Result from rollback is loss of confidence & death of OPAL. Stay the course of decentralization people!

edit: if you want to help the hack victims just donate a small amount of btc now - OPAL will be soooo cheap soon (assuming NO rollback), compensation will cost very little. In 2016 NO rollback now will be cause of confidence and price will be good - BUT rollback now will cause OPAL death in dec 2014 - why?? - because everyone will doubt OPAL coins are actually theirs - threat of rollback will be like death hanging around waiting to strike

Decentralised means something

I have to agree. Of course its really sad for the users who lost funds. But look at what happend with the HUGE NXT hack. The devs in the end decided not to rollback, because it makes the whole thing centralized, which is NOT what investors want. NXT is doing still fine now. Like allready said, I dont think the hacker will dump all his funds the minute the markets go online again. There are simply not enough buyers and the price will crash. He doesnt want that.
Personally Im against a rollback, I think it will hurt the image of Opal very bad. It may not recover. Just my 2 cents

We might want to start some kind of crowdfunding for the targetted ones. Ill be happy to send you a few k Opal if you can prove me yours have been stolen

[toldy]

A rollback is important.

If he has 2.5 million of these coins, he's going to either dump them at strange times, hurting the growth of opal, or he's going to stake them, and take away a lot of POS block creation from all of you.

Worse yet, he could fork the chain with stake and create a double spend attack, even just to corrupt the network.

A rollback is the only solution here.

...keep in mind that the hacker is reading these forums and may have sock puppet accounts that are saying "No to rollback", be weary of that too..

Until a rollback occurs I can't possibly buy any more Opal knowing that one of the richlist is an evil thinking hacker who obtained these "for free" and will value them like that..

Note to devs, from now on, all wallet releases must reference the website: www.opal-coin.com or github, and that's it. No direct links..

[3rdStryker]

rollback please

[aragoon]

Voting is at

https://docs.google.com/forms/d/1_ogq4xNJBUb3H49MH3cnMbqEufN-Ok_dHVSG7BksGKk/viewform

[PhilipMorris]

A rollback is important.

If he has 2.5 million of these coins, he's going to either dump them at strange times, hurting the growth of opal, or he's going to stake them, and take away block creation from all of you.

Worse yet, he could fork the chain with stake and create a double spend attack, even just to corrupt the network.

A rollback is the only solution here.

...keep in mind that the hacker is reading these forums and may have sock puppet accounts that are saying "No to rollback", be weary of that too..

Until a rollback occurs I can't possibly buy any more Opal knowing that one of the richlist is an evil thinking hacker who obtained these "for free" and will value them like that..

Note to devs, from now on, all wallet releases must reference the website: www.opal-coin.com or github, and that's it. No direct links..

This isnt true. He only holds about 17%. Which I agree is alot, but far not enough for a 51% attack. This hacker doesnt want to 'destroy' Opal... Hes just here for the BTC obviously. I think he won't dump huge amounts of coins. He'll slowly sell them off or hodl. Rollback isnt always the best thing my friend, look at coins who rolled back. None of them do well....

[Danz0r77]

A rollback is important.

If he has 2.5 million of these coins, he's going to either dump them at strange times, hurting the growth of opal, or he's going to stake them, and take away a lot of POS block creation from all of you.

Worse yet, he could fork the chain with stake and create a double spend attack, even just to corrupt the network.

A rollback is the only solution here.

...keep in mind that the hacker is reading these forums and may have sock puppet accounts that are saying "No to rollback", be weary of that too..

Until a rollback occurs I can't possibly buy any more Opal knowing that one of the richlist is an evil thinking hacker who obtained these "for free" and will value them like that..

Note to devs, from now on, all wallet releases must reference the website: www.opal-coin.com or github, and that's it. No direct links..

The links we posted (and will always only ever post) were from wallets.opal-coin.com. All that happened is somebody quoted the official post and changed the links to their own.

[subzer04]

I'm not sure i fully understand this rollback thing. I gos some coins still staking in my wallet. Do they need to be rolled back too?

[3rdStryker]

How do I fully remove this hacked wallet?

[toldy]

This isnt true. He only holds about 17%. Which I agree is alot, but far not enough for a 51% attack.

You don't need 51% to do a double spend.

You need 51% to fork the network to your own chain, that's different.

With a large percentage of coins, you can still do a double spend a single transaction if you manage to create a lot of POS blocks in a short amount of time since most exchanges only wait for 6 or 10 block confirmations. That's what checkpointing is suppose to solve within the block confirms.

There's still a world of hurt that can happen with 17% of the entire coinbase owned by a hacker.

Read this post: https://bitcointalk.org/index.php?topic=604716.0

I still vote (and have voted) rollback.

[PhilipMorris]

@3rdStryker
Download a tool like CCleaner. Go to startup programs -> look for anything you don't recognize. Disable it, reboot PC. Then run a tool like Malware anti bytes and do a full scan.

[Kartaba]

Crypto currency world needs a Dexter Morgan  

[aragoon]

Malwarebytes free.
https://www.malwarebytes.org/   

[altcoin.center]

@3rdStryker
Download a tool like CCleaner. Go to startup programs -> look for anything you don't recognize. Disable it, reboot PC. Then run a tool like Malware anti bytes and do a full scan.

Yes, these are good starting points.

Another tools you may wish to use to check there are no back doors etc. remaining in your PC are F-Secure Online Scanner (https://www.f-secure.com/en/web/home_global/online-scanner) and Emsisoft's Emergency Kit (https://www.emsisoft.com/en/software/eek/)

The only 100% certain way to clean an infected machine is to do a full re-install of the operating system, though.

Yours,

Jyri
--
Altcoin.Center

[altcoin.center]

Crypto currency world needs a Dexter Morgan  

Your wish is heard...

- Jyri
--
Altcoin.Center

[kennyP]

A rollback is important.

If he has 2.5 million of these coins, he's going to either dump them at strange times, hurting the growth of opal, or he's going to stake them, and take away a lot of POS block creation from all of you.

Worse yet, he could fork the chain with stake and create a double spend attack, even just to corrupt the network.

A rollback is the only solution here.

...keep in mind that the hacker is reading these forums and may have sock puppet accounts that are saying "No to rollback", be weary of that too..

Until a rollback occurs I can't possibly buy any more Opal knowing that one of the richlist is an evil thinking hacker who obtained these "for free" and will value them like that..

Note to devs, from now on, all wallet releases must reference the website: www.opal-coin.com or github, and that's it. No direct links..

The hack is a very serious setback, but a rollback is certain death for OPAL. The hacker wants money, not 51% to kill OPAL