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500 Million Dogecoins Mined by Unknown Hacker in Malware Attack
- ianfhunter 12y agowow.
- CheckHook 12y agosuch hack.
- dammitcoetzee 12y agomuch coin
- bitJericho 12y agoso profit
- lmm 12y agoGiven that the doge community has tended to be relatively "nice" rather than every-man-for-himself-libertarian, is there any chance of organizing a blacklist for these coins or some such?
- kikki 12y agoThis wouldn't really work, as he can just make a large number of addresses and spread the coins out across a huge web. You could theoretically track the web and all the addresses, but you might then be blacklisting companies and individuals who unknowingly accepted his coins. Unfortunately that's the "beauty" of anonymous decentralised currency.
- computer 12y agoThat's not true-- if you built it into the protocol/client, then transactions from the blacklisted addresses would simply never be accepted into the blockchain; there would not be the possibility to spread them around. But I doubt any of the main bitcoin (clones) would ever do that.
- VMG 12y agoI'd love to see that experiment and I'm excited to see the how the process of blacklisting would work. What would be next? A list of "unshibeful" businesses that are blacklisted? Guns? Drugs? Alcohol? This is the perfect experiment to see how an un-libertarian, every-man-for-every-other-man interpretation of commerce works out.
- jacquesm 12y agoIf 51% of the mining capacity of the bitcoin network decides that your coins are invalid they cease to exist until the ban is lifted.
- tel 12y agoCorrect me if I'm wrong, but it's a bit heavier than that if technically identical: the coins cease to exist until 51% of miners come together again to declare that they should exist again. At which time they also might agree to pay themselves any amount of Dogecoin or flood the market. I bring this up purely because "ban is lifted" sounds like a much more achievable thing than I believed was possible. While 51% of people might agree to blacklist some obviously illegitimate coins that harm the value of the market... it doesn't implicitly mean that they would come together again even if irrefutable evidence proved their original belief wrong.
- iancarroll 12y agoYou cannot give yourself any x-coin with a 51% attack.
- tel 12y agoYou can double-spend arbitrary, though, right? Your purchasing power would be arbitrary until you lost 51% control, I suppose...
- tinkerrr 12y agoThe "community" cannot blacklist anything, it's the miners. And it is very unlikely that miners with >50% of the network hashrate would agree to this, since most heavy miners don't really belong to the "community" but are just in it to mine enough to be able to sell to cover their hardware and electricity costs.
- VMG 12y agoIf merchants and exchanges refused to accept block rewards from miners that don't follow a certain rule set, the miners couldn't sell their block rewards. It's a complicated game.
- iancarroll 12y agoYes, the "community" can with modification to the code.
- moe 12y agoThat's around 180k USD at the current exchange rate.
- pestaa 12y agoWouldn't discovering a huge dogecoin mine devalue it?
- mcintyre1994 12y agoI'm guessing it'd devalue if they tried to sell at once, but isn't mining public in that the public blockchain already reflects the 500m mined?
- imaginenore 12y agoTrying to sell all of them in one go would devalue them.
- matthewbauer 12y agoI would suspect that speculators would devalue it expecting a significant amount to be sold.
- bojanbabic 12y agohe/she already sold all coins mined and caused market dip
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- iancarroll 12y agoMeanwhile, everyone is checking their Synology box for mining software.
- CamperBob2 12y agoWhat's a good way to do this? I have a Synology NAS at home but it's behind a NAT except for specific ports for security cameras. I'll confess I have no earthly idea how to tell if it's been hax0red.
- moepstar 12y agoHere's a thread on the Synology forums on how to check if your NAS has been infected and how to remove the malware: http://forum.synology.com/enu/viewtopic.php?f=19&t=80857&p=303732#p303732 http://forum.synology.com/enu/viewtopic.php?f=19&t=80857&p=3...
- plorg 12y agoIn April my university reported several Synology boxes being compromised with "bitcoin" miners. I suspect that was part of this pool.
- notindexed 12y agohttps://github.com/foilo https://github.com/foilo
- bojanbabic 12y agoAccount deleted, but this says enough. "openshift-arachni 0 Deploy arachni on openshift" Apparently hacker used Arachni on openshift to scan for vulnerabilities
- pistle 12y agoAny cryptocurrency of value seems to have to fall back to undesirable bureaucratic policies or be devalued by having its own ideology turned back upon itself. The human cycles spent in monitoring and securing value will put a major drag on the ability of the currency to stabilize its value. Stable value gives currency utility. Utility gives a currency adoption. Adoption gives a currency value.
- TheSpiceIsLife 12y agoI don't recall where I got this from, just threw it in to my quotes.txt without referencing it: "If you collect a bunch of people and tell them to abandon all the social norms like honesty, politeness, respect, charity, and reason in favor of a cause – then the most likely result is that when your cause tries to develop some internal structure, it will be overrun by a swarm of people who have abandoned honesty, politeness, respect, charity, and reason."
- burkaman 12y agoIt is apparently from this article: http://slatestarcodex.com/2014/06/14/living-by-the-sword/ http://slatestarcodex.com/2014/06/14/living-by-the-sword/ about the feminism movement turning on itself.
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- logfromblammo 12y ago500 million dogecoins? That's worth almost 12 grams of lunar regolith, right? That dude must be seriously Jonesin' for some titanium dioxide. I honestly don't think that the dogecoin community could actually do anything about this without breaking character, other than to suggest sending this guy to the moon... and leaving him there.
- yellowapple 12y agoNah, I'd rather he not be hanging out on my eventual lunar real estate ;)
- yellowapple 12y agoAnd they say CPU mining isn't profitable. :)
- w-ll 12y agoThat's less true for scrypt based pow chains, although that is rapidly changing with scrypt ASICs now hitting the market.
- stevenspasbo 12y agoHe could have gotten a Ferrari yesterday on reddit for less than half that. http://www.reddit.com/r/dogemarket/comments/28c942/sg_2003_ferrari_360_modena_210_million_doge/ http://www.reddit.com/r/dogemarket/comments/28c942/sg_2003_f...