Post
Topic
Board Announcements (Altcoins)
Re: Network Attack on XVG / VERGE
by
testingtester
on 05/04/2018, 14:22:46 UTC
look 1st post: "...

EDIT: On 05. April the attacker started again and mined about 12k blocks again:

I skimmed the logs and saw the attacker started the new attack at around block 2014060 and stopped just now at block 2026196

..

12k blocks this time Lets say 10k... so additional 10.000 + 1560 = 15.600.000
"


How can an attacker get 1% out of mining? This attack must have taken much longer than a few hours like people were saying yesterday.

I'm quoting @OCminer  from a previous post

https://bitcointalk.org/index.php?topic=3256693.msg33956498#msg33956498


The attack started on block  2007365 and ended on block 2010039 = 2674 blocks, okay lets say 2500 blocks...

One Block makes about 1560 coins, so you have 2500 * 1560 = 3,900,000  "extra" coins generated (at least!) ....


-
This means the attack lasted for enough time to allow 3.9 Million XVG to be created illegally.

That's 32.72 BTC at current prices   or  $223,902  USD