Timeline for Can an inflation pool be hacked to send all weekly lumens to 1 address? [third-party]
Current License: CC BY-SA 4.0
11 events
when toggle format | what | by | license | comment | |
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Dec 13, 2018 at 15:41 | history | edited | Chenmunka♦ | CC BY-SA 4.0 |
Removed "Edit" as it is no longer needed.
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Jan 22, 2018 at 0:39 | vote | accept | pantheon52 | ||
S Jan 21, 2018 at 19:17 | history | suggested | pantheon52 | CC BY-SA 3.0 |
Short summary to answer the question while letting the rest go into detail to know more about the inflation pool process.
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Jan 20, 2018 at 23:42 | review | Suggested edits | |||
S Jan 21, 2018 at 19:17 | |||||
S Jan 20, 2018 at 22:00 | history | edited | Nekrataal | CC BY-SA 3.0 |
added 299 characters in body
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Jan 20, 2018 at 21:42 | comment | added | pantheon52 | The inflation becomes inflation rewards which goes to the community leader wallet. If you hack the community leader private key you have access to the inflation rewards before they are distributed to the community pool. | |
Jan 20, 2018 at 21:41 | comment | added | Nekrataal | The inflation distribution is handled by SCP, and SCP is responsible to do it right (if you not trust scp, you don’t trust stellar). What a pool (or user with more than 54M lumens) does after inflation received is out of scope from “inflation operation”, and should considered like any other payment operation | |
Jan 20, 2018 at 21:37 | comment | added | Nekrataal | Yes, but your statement is true for every operation in crypto, because you need to access the private key for “steal” the inflation. Btw you are not stealing the inflation, you’re stealing from inflation pool wallet (like user wallet). The inflation operation is not subject to security issues (apart from SCP issues not discovered yet) | |
Jan 20, 2018 at 21:32 | comment | added | pantheon52 | What you have stated still does not prevent me from stealing all those inflation rewards. The inflation pool can still be hacked, and in this sense, can I manipulate the way those rewards are sent out before they are sent out? And if so can the SCP do anything after it has sent out the rewards already? (i'm talking about the website redistributing it to the wallets, not the voting mechanism. Everyone already voted on the community pool leader) | |
Jan 20, 2018 at 10:30 | review | Suggested edits | |||
S Jan 20, 2018 at 22:00 | |||||
Jan 20, 2018 at 1:08 | history | answered | Nekrataal | CC BY-SA 3.0 |