mogrith



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Use Coinbase Account almosanywhere with Shift card







LegendaryActivity: 1456Merit: 1001Use Coinbase Account almosanywhere with Shift card Re: [ANN] Navajo [NAV]- The Unbreakable Code [PoS/Anonymity/Privacy] July 14, 2014, 11:49:49 PM

Last edit: July 15, 2014, 12:16:28 AM by mogrith #621 I can understand that anonymous transfers on the the testnet (BETA) may be delayed to understand and if required FIX the doublespend issue on the REAL network.



Now some of you can put on tinfoil hats and say Dev was not going to release BETA today.



Given Soopy is not a group. I prefer having the real network safe and working than some Testnet Beta code released. Both would be nice and given time I believe we will have both. If you do not, sell now and let me buy your NAV cheap. XDQ +BBTC+UMO+LIT pool is open Merge mine BLC+PHO+ELT++BBTC+UMO+LIT pool is open http://la1.blakecoin.com tips: 1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp

soopy452000



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Founder Core Developer - NavCoin Ⓝ | Sherloc







LegendaryActivity: 1274Merit: 1001Founder Core Developer - NavCoin Ⓝ | Sherloc Re: [ANN] Navajo [NAV]- The Unbreakable Code [PoS/Anonymity/Privacy] July 15, 2014, 12:05:52 AM

Last edit: July 15, 2014, 12:25:06 AM by soopy452000 #627



We have updates on the situation now I was discussing things with Richie at Bittrex it's a Double Spend Attack at Bittrex and the figure is around 937k NAV's.



Code:

42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce - 937620



gettransaction 42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce

{

"txid" : "42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce",

"version" : 1,

"time" : 1405369809,

"locktime" : 0,

"vin" : [

{

"txid" : "afa39d4679bc3df7654e5b7fb0f73d37ad3a8485f290c250ad92161ba56b3f00",

"vout" : 1,

"scriptSig" : {

"asm" : "3044022029a495074d99fb10f4ba448eb238541149e5da77d80941203706f42ed7ab1c74022024b34023de941b172f5ec771a31793b09b4e75d862124ddda5fffe6e2faafb7301 027011aa1863d92522b951658e9a905e4efd8e1e13f4c17a03576a9f87b4d0acb9",

"hex" : "473044022029a495074d99fb10f4ba448eb238541149e5da77d80941203706f42ed7ab1c74022024b34023de941b172f5ec771a31793b09b4e75d862124ddda5fffe6e2faafb730121027011aa1863d92522b951658e9a905e4efd8e1e13f4c17a03576a9f87b4d0acb9"

},

"sequence" : 4294967295

}

],

"vout" : [

{

"value" : 937620.00000000,

"n" : 0,

"scriptPubKey" : {

"asm" : "OP_DUP OP_HASH160 ba6b2af4ea0683a73cb9738d0d3053b0961f8569 OP_EQUALVERIFY OP_CHECKSIG",

"reqSigs" : 1,

"type" : "pubkeyhash",

"addresses" : [

"sbF69QPApvGGsmtM3Mis9NTrHJD9FkZXYH"

]

}

}

],

"amount" : 937620.00000000,

"confirmations" : -1,

"txid" : "42e303a3cd8e06ad3ade5ae361065b521b81eb9473a3aab527a562babd4dd2ce",

"time" : 1405369965,

"timereceived" : 1405369965,

"details" : [

]

}





Information shared by Bittrex , this is not a fork guys but a double-spend attack so to seem , the attacker had created a transaction within a private network and had moved the coins within 6 separately created blocks thus bypassing the 6 confirmations check at Bittrex end and they had allegedly dumped the coins for BTC and withdrawn the same and while the network reaching that block had orphaned it thereby the Bittrex wallet being short of the 937620 coins.



We have further requested information if and how this attacker might have dumped the coins and to what extent and we are to receive information on the same , currently the foundation has decided to hold all releases till this issue is sorted to the dot.



Bittrex is currently requesting us to help them recover 937620 NAV's , which the NavajoCoin foundation is working out strategies on how to overcome this issue and will further share more information related to this matter shortly.



We are currently in discussions with Bittrex in rectifying this situation in the best possible way for all parties , to be sure and to be on the safe side there will be an updated client released in the coming days with a hardfork expected to be completed asap.



It was a great day and would have been all so perfect , sadly guys I'm very sorry to hear about this and to be honest with you did not expect this coming and I'm still with you guys trying to resolve this even at 5 am over my end.



We are working on an updated mandatory client and generating the same amount of coins lost by Bittrex and replacing them the same through this update.



~SoopY~

Core Developer NavajoCoin

NavajoCoin Foundation Dear All,We have updates on the situation now I was discussing things with Richie at Bittrex it's a Double Spend Attack at Bittrex and the figure is around 937k NAV's.Information shared by Bittrex , this is not a fork guys but a double-spend attack so to seem , the attacker had created a transaction within a private network and had moved the coins within 6 separately created blocks thus bypassing the 6 confirmations check at Bittrex end and they had allegedly dumped the coins for BTC and withdrawn the same and while the network reaching that block had orphaned it thereby the Bittrex wallet being short of the 937620 coins.We have further requested information if and how this attacker might have dumped the coins and to what extent and we are to receive information on the same , currently the foundation has decided to hold all releases till this issue is sorted to the dot.Bittrex is currently requesting us to help them recover 937620 NAV's , which the NavajoCoin foundation is working out strategies on how to overcome this issue and will further share more information related to this matter shortly.We are currently in discussions with Bittrex in rectifying this situation in the best possible way for all parties , to be sure and to be on the safe side there will be an updated client released in the coming days with a hardfork expected to be completed asap.It was a great day and would have been all so perfect , sadly guys I'm very sorry to hear about this and to be honest with you did not expect this coming and I'm still with you guys trying to resolve this even at 5 am over my end.We are working on an updated mandatory client and generating the same amount of coins lost by Bittrex and replacing them the same through this update.~SoopY~Core Developer NavajoCoinNavajoCoin Foundation

04:00:00 GMT - 12:00:00 GMT / 00:00:00 EDT - 08:00:00 EDT



Coin Developments & Contributions 1. SherlockCoin (SHC) ( Working/Online Times04:00:00 GMT - 12:00:00 GMT / 00:00:00 EDT - 08:00:00 EDTCoin Developments & Contributions 1. SherlockCoin (SHC) ( https://bitcointalk.org/index.php?topic=454981 ) 2. [RESURRECTION] Bringing Life to Growthcoin (GRW) , Community Backed Development! ( https://bitcointalk.org/index.php?topic=469464 ) 3. [ANN][66][New Maintainer] ★Coin 66★ ( https://bitcointalk.org/index.php?topic=493987 ) 4. [RE-ANN] Galaxycoin Revival!-FORK AT BLOCK 255145, KGW, RANDOM BLOCK REWARDS ( https://bitcointalk.org/index.php?topic=495693 ) 5. [RESURRECTION] Taking Astrocoin to the Moon,KGW Implemented + HARD FORK AT 17520 https://bitcointalk.org/index.php?topic=516549 6. [RESURRECTION] Bringing Electric back to the grid, Community Backed Development! https://bitcointalk.org/index.php?topic=514790