Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin *24 Exchanges *37 Merchants
by
Soepkip
on 02/04/2014, 15:55:56 UTC
Quote
It's no longer theoretical it's actually happened.

I didn't notice anything, what exactly is supposed to have happened? Was there a successful double spend?

For about an hour they were able to stop minting completely.  If this can be sustained this is just another coin without any value since our biggest selling point is minting.  And since I don't know anything about development, I don't know what else can be done with this attack.

But this isn't even the issue, due to the lack of dev responses I don't even believe they are too involved in this coin.  This threat was posted 3 days ago, more then enough time to read through it real quickly to determine if it was FUD or not.  Due to the timestamps, I can't tell you how long the bugs been posted or how long ago the attack was.

The real issue is, how they address future problems.  Do we have to wait another 3 days and a successful attack before we see anything?

It seems as if they haven't been concerned with the issue and if minting was stopped for an hour how much did it cost the attackers to do that?

As gonzoucab pointed out there was an attack but it seems to have failed without even a fork. I don't really understand the technical details but there is really not much there that I can go on except objective evidence of a doublespend or something of the sort.

If it kills the coin then so be it, but I'm not listening to rumours and innuendo on the internet. Posting supposed email responses doesn't mean a thing because they are easily faked.

We did not fork the coin as we did not want to. We could have and then you'd be blaming us for breaking your coin.


As for the mails with the mintcoin devs (the e-mail address provided in the OP)

http://imgur.com/9rIkQWw


Also, the attack used 3x 3.5Mh/s rigs. I think we could've pulled it off with less.