TUESDAY 1ST JULY 2014
CryptoNote is an open-source technology that allows the creation of supposedly anonymous cryptocurrencies.
CryptoNote currency market caps:
Tuesday 22nd July 2014
CryptoNote is an open-source technology that allows the creation of supposedly anonymous cryptocurrencies
Review of CryptoNote Whitepaper
A mathematician’s review (paid by the Monero team) of the CryptoNote whitepaper and tech. http://monero.cc/downloads/whitepaper_review.pdf
CryptoNote Currency Market Caps
1st July: $8,200,000
21st July: $3,900,000
1st July: $4,400,000
21st July: $6,500,000
1st July: $470,000
21st July: $260,000
1st July: $67,000
21st July: $112,000
Thursday 14th August 2014
The technically best anon coins (so, CryptoNotes; ie Monero) are really the only interesting alts (cuz Bitcoin will nvr do that) – Dan McArdle
Monday 29th September 2014
Attack on CryptoNote Coins Threatened. Deadline Passes with No Attack Occuring
In a thread BCX started on September 17 he stated that he had no need or desire to attack Monero, but in the same breath claimed that he had found several specific exploits in CryptoNote (and thus Monero), one of which was a “coin killer”, and that he had the resources and ability to execute the attack at any time.
In the first reply on the same thread, Monero core developer “tacotime” asked of BCX, “Can you disclose this vulnerability privately to us so we can fix it?”, to which BCX never responded directly. As the thread progressed, BCX stopped posting while Monero core developer smooth and well known forum member, TheFascistMind (previously known as Anonymint), began discussing the potential nature of the exploit.
BCX went on to state that he had successfully sandboxed and tested a “very lethal” Time Warp attack, and claimed it was deployable. He concluded by stating that no one should hold too much in Monero because there are many open vectors for attack.
More speculation from the forums generated yet another rumor that the attack would simply be a 51% attack, concurrent with DDoS (in attempt to take down other pools so the attacker can quickly gain a large portion of the network hashrate, or take down exchanges).
BCX’s postponed deadline has now also passed and no attack has occurred. He stated in the bitcointalk thread that the symptoms of a timewarp attack can take several days to manifest, but the price has held above 0.0033 for several hours now and it is now strongly suspected that this was a scare campaign to acquire cheap coins and no attack is going to occur.
The developers continue to work on medium term fixes so that regardless of if/when the attack happens, they will be ready (innovative checkpointing is the proposal atm). Also, deposits and withdrawals remain frozen on Poloniex and most major exchanges, however trading is still active and BTC deposits are working properly – Chandler & Adam Wyatt
* BCX had reached his goal. He had planned to bring the XMR price down with his exploit bullshit to buy in as cheaply as possible and got what he wanted – neverminer77
* Hype gets more results than actual attacks sometimes. For me, I view FUD attacks as buying opportunities – generalizethis
Thursday 9th October 2014
EXpress said that he would take Poloniex, a popular crypto-currency exchange, down with a ddos attack – and he successfully did shortly after making the claim. As a result, everyone participating in the discussion and aware of this problem became increasingly worried when he went on to further threaten to perform a 51% attack on Monero last Saturday.
Fortunately for all CryptoNote users, this time it looks like BitcoinEXpress was bluffing. Monero was not attacked and all CryptoNote coins safely live on to prosper for those that would like to use them, without exposing any ring signatures – Barbie Bitcoin