4 ms·
Yes, because of the potential pitfalls of undiscovered vurnerabilities like the one in this post, where an attacker could have generated an unlimited supply of
by candl 9y ago
Yes, because of the potential pitfalls of undiscovered vurnerabilities like the one in this post, where an attacker could have generated an unlimited supply of coins and remain undetectable. This is in contrast to Bitcoin and other coins whose transactions are public on the blockchain and can be openly analyzed.
The other aspect is ethical. Did the people involved in discovery of this vurnerability took advantage of it and made themselves rich by exploiting other cryptonote based coins? Little risk, high reward which is tempting.
- 45h34jh53k4j 9y agoits a signing bug. There have been incidents of 'accidental inflation' of fully-anonymous cryptocurrencies (as opposed to 'semi-anonymous' [sender/receiver anonymous] and pseudonymous bitcoin). Zerocoin had a 1/4 inflation from https://news.ycombinator.com/item?id=13672117 https://news.ycombinator.com/item?id=13672117 I wouldn't go so far as to say this is will prevent this technology from ever being secure. Its early days. Don't play with what you can't lose. The great monero team did notify other CryptoNote based currencies, it seems that the granddaddy Bytecoin didn't fix it before the notification period. There is no evidence that they exploited this. They even came up with a method for detecting if it had been exploited...