Privacy Coin Verge Officially Responds to the "Reorganization Incident": The Attackers Didn't Succeed, User Funds Are Safe
Rhythm BlockBeats news, on February 16, the privacy coin Verge (XVG) project issued a document explaining how the project was "reorganized" by attackers in the past 24 hours, and stated that user funds are safe.
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According to reports, when the news of the attack came, the core team quickly began to understand the incident. After a few hours, many exchanges and wallets stopped accepting re-withdrawals, and the development team and a miner worked together to release a patch and keep updating it to prevent this from happening again.
Official reminder, due to the unstable blockchain during the attack, users need to check whether their transactions are written correctly.
As far as I know, Verge Started in October 2014, it implements the principle of no pre-mining and no financing from the beginning to the end. The original name is "Dark Dogecoin". As the name suggests, XVG has a strong community foundation of Dogecoin and new anonymous Function. Verge uses Wraith Protocol (phantom protocol), which is a network of multiple anonymous centers, such as TOR and i2p. User IP addresses can be obfuscated, making transactions completely untraceable.
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