security

in #bitcoin6 years ago

Here we go, Verge devs didn't listen, the chain is getting exploited again with a slightly modified attack vector (2 algorithms overtaken instead of one...).

Vergins still think this is "only" a DDoS of mining pools as officials claimed (ROFL) while the attacker is possibly gaining millions of XVG for free again.

If Verge will implode this time?

Source: https://bitcointalk.org/index.php?topic=3256693.msg38135174#msg38135174

This is the guy who last time pointed the exploit out. Reliable source.

Edit: earliest block I found as a starting point is 2,155,913. https://prohashing.com/explorer/Verge/ still shows the current growth of the blockchain at around 25 blocks per minute resulting in 18250XVG or 950$ per minute for the attacker.

Currently sitting at around 650.000$ worth of XVG.

Edit2: official block explorer is back online, with a WAY higher blockheight, 2.205.900 is one of the last blocks from the attacker. Roughly 50.000 blocks were possibly mined from the attacker resulting in around 1.900.000$. Still not sure what to think of this sudden stop on the official explorer, will have an eye on it.

Edit3: it seems the attack is over, 35.000.000 XVG were generated in a few hours. But this also means there is still no fix and this is possible at any time again. Meanwhile the only official info out there is "mining pools are DDoS'd".

Source:https://www.reddit.com/r/CryptoCurrency/comments/8l8dsm/verge_xvg_getting_exploited_again_with_the_same/