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Omnicoin Problem - Omniscient - Feb 10, 2015

Earlier today at the coin exchange AllCrypt there has been an episode. We're not even sure what to call it exactly as it's still under investigation by both AllCrypt and the Omnicoin Dev Team.

For the immediate future I've disabled the purchase of the OMC award as well as the 3P1C upgrade. I won't at this time halt the auction of the group for OMC. Since the auction doesn't end for about 3 weeks I think there is time to figure this out before making any additional decisions.

Just a few facts that I know. Here are some of the OMC addresses that were part of the issue:

ofquhkd2UbzqL7QgbzzYghcQwm9KYAc5WT Current Balance: -1,056,549.99920000
http://explorer.coinpayments.net/address.php?chain=5&addr=ofquhkd2UbzqL7QgbzzYghcQwm9KYAc5WT

oQNwHSamQTJi7bVfaz8hUoBLYadu93bRyF Current Balance: 37,456.64261370
http://explorer.coinpayments.net/address.php?chain=5&addr=oQNwHSamQTJi7bVfaz8hUoBLYadu93bRyF

oThxvSbzjKTivXF6EppFc2HycuiLwxVLv4 Current Balance: -1,305,725.66601370
http://explorer.coinpayments.net/address.php?chain=5&addr=oThxvSbzjKTivXF6EppFc2HycuiLwxVLv4

Official statements by the dev team are being made but please respect that they are already busy working to not only figure out what happened but to also work on correcting it as best as possible.

The suspicion is a 51% attack because it is indeed a smaller alt-coin chain. There are things that can be done though to help fix this and being a small alt-coin actually helps make that possible.

In any case it's being worked on. Please be patient and more info will be released when it's necessary for members to know. Let's not go all dramatic about this either until we know the full-extent of the damage and what can or can't be fixed.

Thank you.


* - Dean Winchester‎ - Feb 10, 2015

Hoping this works out, this could have been the end of OMC.


* - Gяαη∂тнεfтнσяsε - Feb 10, 2015

My apologies Omni, I hope we can get this fixed soon.

~GTH


* - Hazy - Feb 10, 2015

Thanks for the heads up Omni.
We'll see the influence of what happened in the near future.


* - Understalker - Feb 10, 2015

Let's see what this turns out too.

👍


* - Hydra - Feb 10, 2015

Was reading the other thread, a rollback would be a good move. It'd mean some would lose but the majority would gain their coins back.


* - Sakuto - Feb 10, 2015

Do you have some plans about Epic ? Like making it buyable with BTC instead of OMC ? Or are you planing to put it back when this problem will be solved ?


* - PoisonKnife - Feb 10, 2015

I'm sure you'll get it all fixed Omni, you always do.


* - webdev77 - Feb 10, 2015

Thanks for an official announcement. I shall follow the news on this.


* - c x y k - Feb 10, 2015

Are those transactions broken?
I assume so as they're negative, but just curious.


* - bandors - Feb 10, 2015

If 51% was achieved, is all of OMC ruined?


* - Omniscient - Feb 10, 2015

Quote:I'm sure you'll get it all fixed Omni, you always do.


Not really up to me to fix this. I'm not a crypto coin developer.


* - ๖ۣۜPlutus - Feb 10, 2015

(Feb 10, 2015 03:56 PM)Omniscient Wrote:  Not really up to me to fix this. I'm not a crypto coin developer.

sorry to hear man, assuming it was someone trying to buy the group to make sure they didn't lose or just a typical dick trying to ruin someones project


* - Zain - Feb 10, 2015

If it's something major I'm sure trust in OMC will be pretty heavily damaged. Hope it's something reversible for the sake of some of the members on HF that have invested heavily.


* - Omniscient - Feb 10, 2015

Quote:If it's something major I'm sure trust in OMC will be pretty heavily damaged.


I don't think there is a need to be alarmed right now. Let the dev team work on this.