Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [KRB] Karbo (Ҝ) Карбованець - Cryptonote / Anon
by
Karbonator
on 30/11/2017, 20:26:15 UTC
693 Million Bytecoin Tokens Were Artificially Created

https://www.cryptocoinsnews.com/cryptonote-currency-bug-allowed-creation-unlimited-number-coins/

151 billion Bytecoin tokens – 82% of its total – were mined by unknown actors before the public was aware of it, which is an essential aspect of why it hasn’t been a very active currency.

According to Bytecoin’s website, the team behind the cryptocurrency found the vulnerability back in April when erroneous transactions appeared on the network. Nevertheless, over 693 million coins (worth over $1.3 million), totaling 0,37% of Bytecoin’s tokens, were created as a result of the bug.

DigitalNote, another affected currency that has already patched the bug, has also seen a significant price increase recently, as its market cap increased from around $740,000 to over $3 million in a two-month period.

  Shocked Roll Eyes Huh

Karbowanec was derived from Bytecoin, issnt it?