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/biz/ - Business & Finance


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7547112 No.7547112 [Reply] [Original]

KUCOIN NANO DOUBLE SPEND BUG FOUND.

This coin will dump to 1 cent. It wasn't Bitgrails fault, IT IS THE NANO CODE.

>> No.7547134

>>7547112
how can we exploit this

>> No.7547144

>>7547134
by finding this out a week ago

>> No.7547332

>>7547144
exploit is still working

>> No.7547351

ugh
I was a raiblocks millionaire a month ago

>> No.7547397

>>7547351
sorry anon. never get emotionally attached to your shitcoins

>> No.7547407

>>7547332
Xplain sir

>> No.7547413

>>7547112
>.7547112▶>>7547134
>KUCOIN NANO DOUBLE SPEND BUG FOUND.
explain so we can kick this coin off top 10

>> No.7547417

is there an exchange where I can short nano?

>> No.7547424

This for real

>> No.7547440

Ive said it once, I'll say it a million times.

DAGS ARE FOR FAGS

>> No.7547443

>>7547112
shit dude RIP nano holders

>> No.7547457

Bahahahahahahahahs

>> No.7547465

proofs?

>> No.7547471
File: 146 KB, 545x617, chadblocks.png [View same] [iqdb] [saucenao] [google]
7547471

Nice fake FUD senpai.

raichad still chillin

>> No.7547481

>>7547112
Sold already. Had high hopes for this coin but sadly had to let it go.

>> No.7547502

https://www.reddit.com/r/nanotrade/comments/7wbglt/why_do_i_have_the_same_transaction_twice/

>> No.7547519

>http://www.nanoexplorer.tech/info
>Service Unavailable

HOLY SHIT IT'S REAL

SELL SELL SEELL!!!!

>> No.7547523
File: 170 KB, 500x500, 1511875419251.png [View same] [iqdb] [saucenao] [google]
7547523

OH GOD BINANCE AND KUCOIN DEPOSITS NOT WORKING

I CANT OFFLOAD MY BAGS

>> No.7547535

>>7547519
IT WAS NANOS FAULT THE WHOLE TIME FUCKING KEK

>> No.7547585

>>7547471
Fake dud? Troy isn't denying this in the discord

>> No.7547599

>>7547112
just double my nano ty OP

>> No.7547628

DAGs are just not secure. Binance should get rid of this coin ASAP before it makes them insolvent as well.

>> No.7547703

>>7547628
Lol, it doesn't have the daily volume to make them insolvent but I guarantee it's related with their recent and only downtime.

>> No.7547710

real?

>> No.7547714

>>7547502
Its in front of their eyes and they still dont want to believe they hold literally worthless bags now, this is definitely exploited

>> No.7547715

>>7547112
im pretty hairy on how the voting representatives work for xrb... The wallets that hold the most are the representatives and for a long time it was just bitgrail and mercatox. We know mercatox worked with bitgrail because huge amounts of xrb flowed through the exchanges even when withdraws/deposits were down to the public....


If they control voting representative majority could they just forge transactions between the two?

>> No.7547740

Lol, shills are so quick to downvote real shit on leddit
https://www.reddit.com/r/nanocurrency/comments/7wphwv/dont_blame_the_devs_blame_those_who_actually/du2g1h5/

>> No.7547745

>>7547112
It wasn't a double spend bug. Kucoin had an issue with the way they set up withdraws where in instances extra nano was credited. It has been fixed.

>> No.7547777
File: 5 KB, 225x225, ishygddt.jpg [View same] [iqdb] [saucenao] [google]
7547777

>>7547745
>it was bitgrails fault
>it was kucoins fault
>it was binance fault when they added the coin that deposits were down for a day

>> No.7547794

>>7547745
soon you shills are going to say the same thing about Binance

Just accept that you invested in a shitcoin

>> No.7547830

going to 1 sat

>> No.7547850 [DELETED] 

>>7547703
Wow that actually makes sense.
Some safeguard detects inconsistencies, they think it's database corruption issue.
They resync and there's still some mismatch, they realize it's due to something else, but the loss is small enough they can cover it without telling anybody.

I would dumb rai now, if this is true it's going to be delisted from all exchanges.

>> No.7547895

>>7547703
Wow that actually makes sense.
Some safeguard detects inconsistencies, they think it's database corruption issue.
They resync and there's still some mismatch, they realize it's due to something else, but the loss is small enough they can cover it without telling anybody.

I would dump rai now, if this is true it's going to be delisted from all exchanges. Unsellable bags.

>> No.7547946

>>7547777
>>7547794
How am I shilling? I don't even own xrb... But this is an issue with how withdrawals were set up. An actual double spend bug is a completely different beast. These are two separate transactions that were sent - you can view for yourself on the chain using the Account ID shown.

>> No.7547977

HOLY SHIT MERCATOX HACKED IN THE SAME WAY TOO!!!

https://www.reddit.com/r/nanocurrency/comments/7wqqdz/i_have_discovered_something_please_read/

This clearly was/is a raiblocks issue.

>> No.7548003

>>7547977
>>7547777
>it was mercatox fault

it's over
nano is finished

>> No.7548047

How does one short NANO?

>> No.7548087

>>7547977
Did you even read the post? Mercatox wasn't hacked.

who sent all you fudsters here?

>> No.7548113

man you nano faggots are getting destroyed
i feel sorry for you
serves you right for being beta testers for an alt coin

>> No.7548142

>>7548113
>man you nano faggots are getting destroyed
price has barely moved brainlet

>> No.7548147

>>7548087
Did you read it?
>Between January 17th-19th Bitgrail AND Mercatox sent these addresses millions worth of NANO LINKS

What obviously happened is that BOTH were hacked by the same hacker, but mercatox managed to run a fractional reserve so far.

>> No.7548185

no wonder bomber halted XRB withdrawals. Glad I am out of this shitcoin

>> No.7548187

shit's unrelated to what happened on bitgrail, what I found on linked reddit post
"The Core team was notified this morning by KuCoin that approximately 20 withdraws had been double credited. They immediately saw the issue, fixed it, and contacted the Nano Dev Team."
also if you think binance would turn off their exchange because of 50m volume coin you're a hopeless brainlet

>> No.7548198

>>7548142
>rebrand + binance pumped price back to $20
> down to $8 and falling

>barely moved

boy do i have news for you

>> No.7548206

Q predicted this.

>> No.7548226
File: 62 KB, 1131x489, nannnnnn.jpg [View same] [iqdb] [saucenao] [google]
7548226

>>7548142
oh ok

>> No.7548227

>>7547112

Not OP but guys, I'm serious and I am practically here to beg you, if you hold ANY SIGNIFICANT AMOUNT of this coin please dump it ASAP. I'm one of the few that's figured out the double spend exploit nearly half a week ago. I've exploited it, made a bit of money off of it, but ultimately dumped what I had and am staying far away from this shit.

Seriously for you own good, get rid of it if you still have it.

>> No.7548257

>>7548226
looks the exact same as every other coin over that time period brainlet

>> No.7548281

>>7548227
yes. please sell your bags to me kids

>> No.7548299

>>7548281
already done faggot

>> No.7548302

>>7548226
What are you holding that didnt lose value since jan 2?

I just bought 100k of that

>> No.7548305
File: 1.67 MB, 1214x1188, Screen Shot 2018-02-09 at 4.15.06 PM.png [View same] [iqdb] [saucenao] [google]
7548305

>>7548206

>> No.7548327

>>7548227
Since you've dumped already, then it wouldn't be difficult to show us proof of double spending.

>> No.7548338

This seemed like classic /biz/ bullshit FUD at first, but the dots are really lining up. I bought XRB after the huge dip yesterday, but I'm just going to sell this shit to be on the safe side.

>> No.7548353

>>7547351

Don't get attached. Bought in at .35 cents. Sold between $17 and $30. First time I listened to my gut over TA. Up 500 now.

>> No.7548369

>>7548338
thanks for the update pajeet. and thank you for selling to me

>> No.7548412

It takes like 5 minutes of research to realize that op is a lying piece of shit. This is the most obvious coordinated fud attack I've ever witnessed here

>> No.7548443

I'm trying to sell my bags but volume is so shit on binance right now

>> No.7548457

>>7548227
Pls sirs. Dump this coin. I needs to get it cheap

>> No.7548502

>>7548369
>>7548412
>>7548457
>non-arguments

nano shills unable to form counter points on their own without relying on the dev's telling them what to say

>> No.7548555

>>7548502
There is nothing for them to counter point though, because double spending hasn't been proven. But please go ahead and do us all a favour https://nano.org/en/explore/..

>> No.7548575

>>7548502
Counterpoints to what? You're spreading false information that has already been discredited in this thread. I wonder what sort of a sad life one would have to lead to spend their days spreading bullshit about cryptocurrencies on 4chan all day. Do you really think anyone who lurks this shithole even has enough pull to move the markets? Christ it's just sad. Consider ending your misery soon.

>> No.7548599
File: 12 KB, 1330x147, xrbdouble.png [View same] [iqdb] [saucenao] [google]
7548599

Just took this image from >>7548397

>> No.7548651
File: 114 KB, 680x979, 1498070806335.jpg [View same] [iqdb] [saucenao] [google]
7548651

>>7547777

>> No.7548696

>>7547112

images can be manipulated. provide verifiable proof, Sanjay. please, do the honorable thing for your family. otherwise you shall never have Gurdeep's hand in arranged marriage.

>> No.7548728

>>7548227
but... I would become a joke, buying high selling low :(

>> No.7548785

>>7547977
I never thought I’d see the day when Chinks became more trustworthy than Yuropoors.

>> No.7548795
File: 449 KB, 640x360, waterGun.png [View same] [iqdb] [saucenao] [google]
7548795

>>7548696
>Gurdeep's hand in arranged marriage

Shitting on Pajeet is some the funniest content on this Mongolian pottery forum

>> No.7548799

>>7548412

I have done a ton of transfers trying to reproduce this no luck. I wish there was a double NANO bug cause I'de be rich ohh well

>> No.7548808

https://www.nanode.co/account/xrb_1btcfoodhhw3arbpw1rnq1jzgetcue9askzfar947ry5dtqsyhnk6f8tuc3g

Why all the zeros in this?

>> No.7548856

>>7547112
>The RIP museum
>Confido
>BitConnect
>Raiblocks/Nano

That was unexpected

>> No.7548918

There's a hundred k XRB bounty for critical bugs in the system right now. If this was legit, someone would already have collected on that and it would then be fixed. So either A) it's fucking nothing or B) it's a problem with the exchanges once again.

>> No.7549003

>>7548918
there's no error in nano protocol, but there could be some common error in exchanges' implementations, but the second one is devastating as well as you can see from bitgrail (assuming for a while that bomber is not bullshiting again)

>> No.7549009

loving all this fud, coordinated just when BTC drops, in a few days I will get my nano for pennies and then see it rise to become a top5 coin as people realise all the fud was just fud

>> No.7549054

>>7547535
>>7547519

Nice FUD. Nano explorer link is this one: https://www.nanode.co/

>> No.7549058
File: 202 KB, 486x412, 02d.jpg [View same] [iqdb] [saucenao] [google]
7549058

>>7548918
>"Thank you for showing us the broken code and how to fix it. Can we continue talking about this tomorrow? Oh, that's right..."
>*pulls gun*
>"There will be no tomorrow for you.

>> No.7549079

>>7547332
You know that the price is tanking to 0 because of this, right?

>> No.7549164

>>7549079
The price has barely moved. Down like $1.

>> No.7549184

lel that's not double spending

>> No.7549213

>>7549164
>down 10%
>barely moved

>> No.7549487

>>7549184
>pls to buy more nano sir is very good coin sir thank you, friend

>> No.7549849

price down 82% from ATH
>barely moved

>> No.7549868

Your usual bizkid might have trouble communicating but it seems this time words are to deceive rather than to communicate. Dont lose your soul for silver and gold. What good are all the wolds riches if you have become what you despise. Maybe you gazed too long to the abyss and it filled your mind with illusions. It happened to me too.

>> No.7549887
File: 212 KB, 1218x1015, 1516850286501.jpg [View same] [iqdb] [saucenao] [google]
7549887

>>7548338
>the dots are really lining up

>> No.7549986

Have managed to exploit. Expect a big announcement from me soon.

>> No.7550049

>>7547112
Just tried this exploit and it fucking works. Holy fuck... This shit is going sub $1

>> No.7550249

>>7549986
>>7550049
bullshit

>> No.7550319

thanks for the free BTC. just printed 100k XRB.
i won't dump it all at once though, too obvious.

>> No.7550392

>>7550049
Yeah, this shit is actually pretty obvious if you’re not a shit dev

>> No.7550650

>>7550049
Proof faggot.

>> No.7550909

Is this shit still working? what wallet are u using? xrb or nano?

>> No.7550976

>>7548918
>get 100k, once
>print any amount you want, however often you'd like
Wow gee I wonder what they would do.

>> No.7551005

>>7547112
I dont know if this is really nano’s bug, but Vitalik said it clearly: the security is decreased if not all nodes are validating transactions. Thats why ETH has 17-seconds blocks. If you would decrease that time further, not all nodes could do the validation.

In nano only certain nodes to the validation, thats a fact. Everyone would love to have free instant transactions, but it probably cannot be done this way.

>> No.7551119

>>7550049
same pls don't crash it before I pull out $10k pls pls pls

>>7548918
>b-b-b-but m-m-muh bounty!
have you actually read the protocol? they require multiple work days of back-and-forth for CONFIRMATION of an exploit. meanwhile the price is going to tank when hackers take advantage.

>> No.7551141

>>7550976
100k XRB that works is worth 1t XRB that don't.

>> No.7551206

>>7551119
You can request the bounty to be paid in BTC you brainlet. The nano fud is such low quality today that I'm starting to think it's being done by nano supporters to increase exposure and get people looking into the project where they'll inevitably find pretty solid tech

>> No.7551376

Devs are fucking liars and cucks.
Can't wait to see shit get BTFO.

>> No.7551714

Are you guy super dumb? its an error with Kucoin withdrawal where someone sent 2 withdrawals and confirmed only 1 via mail he got both

now its been fixed

https://www.reddit.com/r/nanotrade/comments/7wbglt/why_do_i_have_the_same_transaction_twice/du2lkp5/

>> No.7551857

>>7551714
>The Core team was notified this morning by KuCoin that approximately 20 withdraws had been double credited. They immediately saw the issue, fixed it, and contacted the Nano Dev Team.

Sounds legit, and not a coverup at all. Glad Kucoin had a super hawkeye and magically noticed this!

At this point, nobody going to admit anything

>> No.7552016

>>7547112
SHIT + FAN = NANO

>> No.7552040

>>7551714
The devs endorsed Bomber, do you really think they are honest people looking out for the community?

>> No.7552101

>>7547112
HEEY HEEEY HEEEEEEEEY
.........
.....................
WASA WASA WASA WASA

NAAAAAANOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOONEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.7552224

>>7552101
Kek

>> No.7552263

Double spend is the same txn happening twice.

This picture clearly shows two different TXN hashes - i.e. two different withdrawals

If you believe this BS you got rekt by pajeets on biz lmao

>> No.7552307

>>7552263
Doesn't make it fake though

>> No.7552448

lol 4chan retards gone full retard, these are two separate transactions

>> No.7552463

>>7547895
That's my guess as well, the timing was just too fitting. This could end up breaking Nano's neck.

>> No.7552514

This is a Kucoin error.

Here's how it's done:

Withdraw some coins, but don't confirm the reply email
Then withdraw the same amount again and confirm that one

You'll get a double withdrawal even if you don't have enough

>> No.7552575

>>7552514
does it still work?

>> No.7552590

>>7552575
Don't think so. See >>7551714

>> No.7552790

>>7552575
it's fixed, they now exclude requested withdrawals from your balance, even if not confirmed.