Articles of Block Reorganization

Zhao Changpeng: The security incidents encountered by the currency security at the beginning of this month have made us blessed in disguise.

Author: Ann coins CEO Zhao Changpeng "CZ" I have a review of the past two weeks: In the past two weeks, we have gained some lessons, on the one hand, we have withstood various pressures, and on the other hand, we have a clearer picture of the future of the currency security. wisdom". what happened? […]

Compared to the adverse effects of restructuring Bitcoin, the loss of 300 million yuan is not a problem at all.

On May 7, after the currency was stolen 7,000 bitcoins, the CEO of Changan Zhao Changpeng announced that it would use the SAFU Fund to fully compensate users for losses. The positive measures and transparent treatment of the currency security have won unanimous praise from the outside world. As the world's largest cryptocurrency exchange, the […]

In-depth analysis of the collapse of the currency security: block reorganization, the only beneficiary is only miners!

On May 7, 2019, Binance suffered a hacker attack and lost 7,000 BTCs. After that, we quickly saw Jeremy Rubin (Bitcoin Core Developer) publishing a tweet suggesting that Chan Chang, CEO of Changan, used block reorganization to “revoke the theft”: Tweet translation: @cz_binance (赵长鹏): If you disclose the private key of the attacked currency (or […]

Reorganizing blocks to recover stolen BTCs? This article tells you why it doesn't work.

After the money security hot wallet was hacked away from 7000BTC, Chan Chan CEO Zhao Changpeng said in a live broadcast question and answer yesterday that the team is considering the proposal of MIT Digital Money Program co-sponsor Jeremy Rubin to recover part of the funds through block reorganization. However, soon, he announced that he […]

Continued to update Zhong Chang Zhao Changpeng live "review" theft, announced that no block reorganization, but was smashed

On the morning of May 8, the company announced that on May 7th, at 17:15:24, the hacker stole 7,000 bitcoins (worth about 40 million US dollars) from the coin wallet at the height of 575012. In the face of this unexpected incident, Champion CEO Zhao Changpeng conducted an online Q&A session at the live video […]