{"id":36498,"date":"2021-02-16T10:30:14","date_gmt":"2021-02-16T08:30:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36498"},"modified":"2025-08-29T06:38:45","modified_gmt":"2025-08-29T03:38:45","slug":"verge-network-undergoes-major-reorganisation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/verge-network-undergoes-major-reorganisation\/","title":{"rendered":"Verge network undergoes major reorganisation"},"content":{"rendered":"<p>On Monday, February 15, the Verge cryptocurrency network (XVG), whose payments are supported by the popular adult site Pornhub, underwent a major reorganisation of blocks.<\/p>\n<p><!--more--><\/p>\n<p>As a result, data on transactions and balances dated July 2020 disappeared from the blockchain. This was reported by Coin Metrics researcher Antoine Le Calvez.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Looks like <a href=\"https:\/\/twitter.com\/search?q=%24XVG&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XVG<\/a> (Verge) experienced a massive 560k+ blocks reorg.<a href=\"https:\/\/twitter.com\/coinmetrics?ref_src=twsrc%5Etfw\">@coinmetrics<\/a>\u2018 node is on a new chain whose last common ancestor with the previous chain dates to July 2020.<\/p>\n<p>\u2014 Antoine Le Calvez (@khannib) <a href=\"https:\/\/twitter.com\/khannib\/status\/1361355699209568258?ref_src=twsrc%5Etfw\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Coin Metrics analyst Lucas Nuzzi called the Verge reorganisation the deepest of all that have ever occurred in the blockchains of top-100 cryptocurrencies.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The past 200 days worth of <a href=\"https:\/\/twitter.com\/search?q=%24XVG&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XVG<\/a> transaction history just vanished.<\/p>\n<p>This is likely the deepest reorg that has ever taken place in a \u00abtop 100\u00bb cryptocurrency. <a href=\"https:\/\/t.co\/ItFNBVZqbp\">https:\/\/t.co\/ItFNBVZqbp<\/a><\/p>\n<p>\u2014 Lucas Nuzzi (@LucasNuzzi) <a href=\"https:\/\/twitter.com\/LucasNuzzi\/status\/1361392168989036545?ref_src=twsrc%5Etfw\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Hasu noted that the cryptocurrency community could reject the attacker\u2019s chain and restore the previous one. According to him, the transactions were replaced with empty blocks.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">What sounds scary is actually pretty easy to counter \u2014 nodes will reject the attacker\u2019s chain and restore the previous one. But it\u2019s another data point showing why GPU mineable coins are inherently insecure<a href=\"https:\/\/t.co\/5tu0UXHuJd\">https:\/\/t.co\/5tu0UXHuJd<\/a><\/p>\n<p>\u2014 Hasu (@hasufl) <a href=\"https:\/\/twitter.com\/hasufl\/status\/1361408355202383881?ref_src=twsrc%5Etfw\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the night of February 16, Verge developers reported the issue and released a patch. The team promised to restore normal operation of the network within a few hours.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Malicious elements have tried to take over our blockchain. Working with miners our dev team has released a fix, preventing damage.<\/p>\n<p>In 13 hours, it will be business as usual.<\/p>\n<p>Thank you for your understanding.<a href=\"https:\/\/twitter.com\/hashtag\/xvg?src=hash&#038;ref_src=twsrc%5Etfw\">#xvg<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/vergecurrency?src=hash&#038;ref_src=twsrc%5Etfw\">#vergecurrency<\/a><\/p>\n<p>\u2014 VergeCurrency (@vergecurrency) <a href=\"https:\/\/twitter.com\/vergecurrency\/status\/1361443106789363713?ref_src=twsrc%5Etfw\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the time of writing, the price of XVG stood at $0.023 (according to CoinGecko). Over the last hour, the asset\u2019s price fell by 1.2%, taking it out of the top-100 cryptocurrency rankings.<\/p>\n<div id=\"attachment_124968\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-124968\" class=\"size-large wp-image-124968\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-418-1024x143.png\" alt=\"\u0421\u0435\u0442\u044c \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b Verge \u043f\u043e\u0434\u0432\u0435\u0440\u0433\u043b\u0430\u0441\u044c \u043c\u0430\u0441\u0448\u0442\u0430\u0431\u043d\u043e\u0439 \u0440\u0435\u043e\u0440\u0433\u0430\u043d\u0438\u0437\u0430\u0446\u0438\u0438\" width=\"1024\" height=\"143\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/1-418-1024x143.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/1-418-300x42.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/1-418-768x107.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/1-418.png 1288w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p id=\"caption-attachment-124968\" class=\"wp-caption-text\">Data: CoinGecko.<\/p>\n<\/div>\n<p>In April 2018, the Verge network was subject to a 51% attack due to a bug in the code. A month later the problem recurred and affected all pools and miners.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"Y3rbE8E1xM\">\n<p>What is a 51% attack?<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cWhat is a 51% attack?\u201d \u2014 ForkLog\" src=\"https:\/\/forklog.com\/cryptorium\/chto-takoe-ataka-51\/embed#?secret=bOtvhbijI8#?secret=Y3rbE8E1xM\" data-secret=\"Y3rbE8E1xM\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/ethereum-classic-hit-by-another-51-attack\">In August 2020, the Ethereum Classic <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-classic-hit-by-another-51-attack\">was subjected to a 51%<\/a> attack \u2014 the depth of the reorganisation was 7000 blocks.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, February 15, the Verge cryptocurrency network (XVG), whose payments are supported by the popular adult site Pornhub, underwent a major reorganisation of blocks.<\/p>\n","protected":false},"author":1,"featured_media":36499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1395,2104],"class_list":["post-36498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-51-percent-attack","tag-verge"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=36498"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36498\/revisions"}],"predecessor-version":[{"id":36500,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36498\/revisions\/36500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/36499"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=36498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=36498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=36498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}