Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
Spekulatius
on 20/02/2014, 00:08:37 UTC
Was it mentioned if the hacker/white hat was going to return the BTC that they withdrew?

If they don't return that BTC, Poloniex would be out of pocket in a huge way.

I hope we can pull together an adequate bounty for the white hat such that they will return all BTC.

He said he would, but I haven't heard from him since he explained the vulnerability. My guess is he is waiting on the block chain rebuild to see where he stands with XCP.

If all the XCP gets returned to the Poloniex account, then the dump will stand, and he can keep the BTC. If not... then let's hope he returns it, and I'm going to have to roll back some trades.

Hmmm...its still feeling like the fair and reasonable thing to do under the circumstances is to offer the hacker a provably fair-market rate bounty for identifying the exploit... Then the onus would be on the hacker to choose how s/he will be remembered in history.

Either s/he chooses to become a whitehat, a hero.  And can live with personal pride, satisfaction, and good karma ... not to mention much respect, trust, and future opportunity from within this community!

Or s/he chooses to be a blackhat, a thief.   And inevitably experience some guilty conscience, maybe loss of sleep, bad karma in this life ... possibly the next life too =(

Hopefully this community can rally together to propose a fair-market rate bounty, and our hacker makes the right decision!


As far as I understand it, all the XCP the white hat withdrew from Poloniex will be returned via the current Patch 0.61, only the BTC he withdrew remain in his honest (?) hands. Lets make that bounty worth his while. Also holding on to the XCP wouldnt make too much sense right now because the price will probably dive in the short-medium term.