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500 Million Dogecoins Mined by Unknown Hacker in Malware Attack

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Re: 500 Million Dogecoins Mined by Unknown Hacker in Malware Attack

#7
post #5

Given that the doge community has tended to be relatively "nice" rather than every-man-for-himself-libertarian, is there any chance of organizing a blacklist for these coins or some such?

This wouldn't really work, as he can just make a large number of addresses and spread the coins out across a huge web. You could theoretically track the web and all the addresses, but you might then be blacklisting companies and individuals who unknowingly accepted his coins.

Unfortunately that's the "beauty" of anonymous decentralised currency.

Re: 500 Million Dogecoins Mined by Unknown Hacker in Malware Attack

#9
post #7
post #5

Given that the doge community has tended to be relatively "nice" rather than every-man-for-himself-libertarian, is there any chance of organizing a blacklist for these coins or some such?

This wouldn't really work, as he can just make a large number of addresses and spread the coins out across a huge web. You could theoretically track the web and all the addresses, but you might then be blacklisting companies and individuals who unknowingly accepted his coins. Unfortunately that's the "beauty" of anonymous decentralised currency.

That's not true-- if you built it into the protocol/client, then transactions from the blacklisted addresses would simply never be accepted into the blockchain; there would not be the possibility to spread them around.

But I doubt any of the main bitcoin (clones) would ever do that.

Re: 500 Million Dogecoins Mined by Unknown Hacker in Malware Attack

#10
post #8
post #6

That's around 180k USD at the current exchange rate.

Wouldn't discovering a huge dogecoin mine devalue it?

I'm guessing it'd devalue if they tried to sell at once, but isn't mining public in that the public blockchain already reflects the 500m mined?
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