/biz/ - Business & Finance

>>28662309

>coins we're duplicated
>those coins were then exchanged for wETH
Call it what you want but the same coins we're spent multiple times. Labeling it a "bug bounty" is a PR stunt to pretend everything is okay.

Honestly the pajeet fudders deserve a raise for their handling of this one, I think we can all admit it was well done

>>28662553
False, do you understand what minting is vs a double spend?

>>28662553
>>28662662
this guy is copy pasting the same braindead reply in all the avax threads, my fud-dar is going off

>>28662662
Not false. Like I said, I don't care what you call it. Double spend or invalid mint.

There's no way you can spin this. You can follow the UTXOs. The same coins we're duplicated with the same hash. The duplicated coins we're exchanged via Pangolin for wETH. You can verify it all easily on the explorers.

>>28662812
they are completely different things, if you understood even a little bit about crypto you would know that, but I enjoy watching you rationalize the pure garbage fud, how much are you shorting?

>>28662935
I would short it if I could, I'm fairly certain this is going below $30 in the next couple weeks

Here's a transaction with an input of 63.45 and an output of 444: https://explorer.avax.network/tx/iWd83KayghBQYNERXem3nW8ifFjJsR66NwWcAR6uZavKFWthq

That's not how UTXOs are supposed to work.

Here's the contract calls spending the the duplicated coins: https://cchain.explorer.avax.network/address/0xF834cD05B12fCDAcd89E17361f783ea57fE86934/transactions

It's like you guys aren't even trying. This couldn't be anymore obvious. Stop shilling to newfags and pretending like everything is BAU.

>>28662935
I'm not saying anything about double spend or invalid mint. I'm saying that coins were duplicated and then spent. Period.

>>28662309

>>28663117
>>28663197
It's not a double-spend. It's an inflation bug. Use the proper words. A double-spend would indicate a failure with the consensus protocol itself. Bitcoin's inflation bug didn't invalidate Nakamoto consensus, it was a technical problem with the particulars of the how the Bitcoin network works. Inflation bugs are severe, but luckily it was detected and fixed here before anyone could exploit it, much like Bitcoin's own inflation bug.

>>28663337
kek what bullshit there are eth threads in 2016 and bitcoin threads on /g/ going all the way back to the beginning. subhuman discord bagholders

>>28663835
I didn't say anything about a double spend. You all did. It is true that coins were duplicated? Yes. Is it true that these coins were exchanged on Pangolin? Yes. You can try to justify it all you want but those are the facts.

>>28663835
>It's not a double-spend. It's an inflation bug. Use the proper words. A double-spend would indicate a failure with the consensus protocol itself.
The consensus protocol validated the transaction
>Inflation bugs are severe, but luckily it was detected and fixed here before anyone could exploit it
A /biz/raeli literally bought 10 ETH with it

>>28662309
i've never seen fud like this, but holy shit does it make me want to hold forever and never sell. avax is about to go ballistic.

>>28664113
Holyhell right? The absolute state of these shills

>>28663835
hahaha look at this nigger tranny kike from avax telegram group LMAOOOOOOOOO
cant ban me here can you, nigger filth?

>>28664037
I am not denying any of that. It's a serious bug, but the damage is mostly psychological. It was fixed before it could be exploited, and a lucky person ended up making 10ETH because of it. But the severity is a matter of how much was minted.
>>28664113
Yes, that's true. But the description of what is a valid transaction isn't something Avalanche consensus itself has anything to do with. It just decides, given valid transactions, what happened or didn't happen.
>>28664594
You have mental issues

>>28664931
same caps schizo doing this for three days straight

>>28664931
based

>>28664931
ahahah FUCK OFF NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER

>>28662309
>staking selloff
quite the opposite, in fact 100% of the nodes had upgrades to the patch within 24 hours of it getting released. incredibly excited and committed community glad to be part of the next big breakthrough

>>28665158
>>28664594
>fudder has a mental breakdown because there is no FUD against AVAX
is baby gonna cry now? boohoo booohooo baby crying baby outpriced from AVAX hahahaha
this goes into my Laggard cringe compilation

>>28665321

>>28664931
>mostly psychological
I'd argue it actually shows how incompetent the team behind the project is.
>no comms for days while billions of funds in limbo
>no testing on mission critical code paths
This might have been the first hiccup, but it won't be the last. They're desperately trying to become relevant before the competition leaves them in the dust. This means they're cutting corners.

>>28665982
what competition?

>>28662309
>coin needs a damage control thread
nah thanks im good

>>28666250
damage control? I'm dispelling shit tier fud that has washed over this board like a tsunami. not trying to sell you on this coin, do what you like.

The fud is definitely organized, The pattern is very clear to me

>>28667358
I'm thinking of becoming a trojan horse fudder so I can buy more for cheaper.

>>28667358
its Female to Male, Pedodoters, radditors or cardownies lmao
sad centralized shitskins

>>28667791
The sad thing is that it's working for them

>>28667695
not a bad idea, fud it down to 30 then load up

>>28667358
its the same faggot spamming "double spend"

>>28668037
no it isn't, /biz/ doesn't even control 1% of the crypto market

>>28667358
All the spamming of low tier shitposts denying/lying about the bug is more likely to be coordinated than some anons pointing out that your shit is fucked

I'm not buying your double spend shitcoin

>>28668361
>Fucked
>Chain running for 3 days now, full explanation given (Soon a more detailed one), New liquidity about to enter pangolin after the bridge go live again today/tomorrow, Not funds lost, 2 integrations already announced since the bug happened

KYS

I don't even care lol all I know is this is gonna be $1000 eoy

>>28668888
The pajeet tier code that allowed for something like this to happen means there wasn't a lock on accessing the funds during the transaction.

Most pajeet shit I can imagine

Double mint Dave

>>28668888
checked

>>28669420
stop trying to make this meme happen, its not gonna happen

>>28668888
holy mother of checked

>>28668888
based. checked.