It shows integrity - for the first time since any of these things started happening.

I honestly don't know the details of the repayment - so I cannot comment. *IF* they hiked fees to pay people back thats pretty crappy, but again, I'm only commenting on posts I read that may have been uninformed.

But the fact he owned up, made public the details, and was honest? It shows a hell of a lot more promise than any other snafu thats happened.

I just typed a pretty long winded response, but it's quite clear that with the intelligence level of some here - it's just not worth the time. If you'd like me to remove EBT from the voting page I will - I cannot imagine that with the mature, educated and stand-up community some of you appear to be that anyone would use AllCrypt.com anyway - after all, it's clearly run by a public official who takes bribes. It's too much work to remove the donations from it and after the way I was just spoken to here, I've no desire to recode the voting page.

Or I can donate 100% of all BTC that comes into that address to charity. Which I expect to be zero anyway, given how obviously corrupt a paid voting system is. Up to you.

The dev has my email - he can email me his decision. Not worth my time to come back to this friendly and open minded corner of the net.

A little late to the party but I wanted to post something. When this happened, although poloniex.com is a direct competitor and I've never spoken to him, I gained a massive amount of respect for the owner for:
A) Owning up to what happened and more importantly:
B) Doing something I have NEVER seen an exchange do - actually give pertinent details as to what happened. We got hacked, and this is exactly how it happened. And how you can #LFMF

Immediately after reading that I went into our code to make sure the same thing couldn't happen to us. For that, busoni, you are the man.

Monday morning - we lost some BTC. And had a huge revelation, that had poloniex.com done what we do (and we didn't even know it was added security until I had a panic attack at 6:40am yesterday morning) they wouldn't have lost a single satoshi.

It's a long post, but worth the read. If you just want the technical details and none of the entertainment value, scroll down to about the bottom third.

http://www.allcrypt.com/blog/2014/03/small-bug-leads-to-lost-btc-and-a-huge-revelation-why-arent-all-exchanges-doing-this/

http://www.reddit.com/r/CryptoMarkets/comments/1zas97/allcryptcom_launched_last_night_donated_359_btc/

Our marketing guy hasnt gotten the blog up, so I'm doing that today. In the meantime - there is the post we made about it. Including addresses, links, as well as a message signed with the address used to make the donation, clearly visible on blockchain.info as being Sean's Outpost's donation address.



No, the word sleazy was not used, but it was implied. Using the words bribes and corruption are pretty much synonyms. And speaking of the word corruption - it really ticks me off when people use inflammatory words to incite an emotional  response, when it's not even remotely true.

cor·rup·tion
kəˈrəpSHən
noun
1.
dishonest or fraudulent conduct by those in power, typically involving bribery.
"the journalist who wants to expose corruption in high places"
synonyms:   dishonesty, unscrupulousness, double-dealing, fraud, fraudulence, misconduct, crime, criminality, wrongdoing; More

AllCrypt.com has never been dishonest, unscrupulous, fraudulent, or any of the above. We have gone above and beyond to maintain our ethos of transparency and integrity.

So yes, I do, personally, get very defensive when I'm told, even indirectly, that we are corrupt. The whole tone of this thread is "bribes are corruption and it's underhanded and terrible and you're bad people for doing it."


Do you want the supporters of EBT to have to sign up to a site and trade something else, coins they don't care about, to have to vote? A minimum balance is easily faked. You deposit, vote, withdraw. Rinse, repeat. Maybe two of you sign up, one deposits doge, the other BTC, and they do a bunch of 1 satoshi trades back and and forth... both skewing the market volume and trade price numbers (thats a hell of a lot closer to corruption than we've ever come), to meet those minimum trade numbers?

Each user can only vote a limited number of time total? Only on one coin a certain number of times? So they make a new account. And another. And another. Ok, wait, stop them from doing that by imposing trade restrictions. Let us now infinite loop back up to the previous paragraph.

10 Make Account
20 Deposit BTC
30 Make another account
40 Deposit Doge
50 Ruin orderbook with fake trades
60 Vote
70 Withdraw BTC and DOGE
80 Log Out
90 Goto 10

Don't condemn what we do because you don't like the fact that others CHOOSE to vote with supportting currency.

By your philosophy, everyone on kickstarter is taking bribes and corrupt.

Seriously - think about it. Say we instead ran a kickstarter campaign. And as a Perk at the $20 level you got a tee shirt - and as a perk at the $500 level you got a no-fee account, and as a perk at the $1000 level we guaranteed to add any coin you chose at launch.

Is that bribery?

Is that corruption?

Is that ANY DIFFERENT than what we did? I really need to hear a well thought out explanation as to how taking crypto donations as low as 8 cents to help your coin is ANY different whatsoever than running a kickstarter campaign, and taking $1000 to add your coin.

If our coin voting is bribery and corruption, so is every kickstarter out there.

And again - it's OPTIONAL. If we REQUIRED payment, we'd be some pretty slimetastic douchebags. Right now we have 66 coins on AllCrypt.com. Of those 64 coins (BTC and LTC were immune from voting and donations), and I am pulling the data live from the database there were:

• 33 of the 64 received a grand total of 0.000 BTC in donations.
• Of the 31 that received donations, only 12 received more than .059 BTC ($37)
• Of the 31 that received at least .0003 BTC (the lowest amount of any coin thats been added so far, not counting 0 donation coins), there were 537,353 votes cast. When you add in the votes from donations, the total score of those coins was 663,515 votes. That means of the 31 coins that recceived any donations at all, only about 19% of all votes were from BTC
• Counting ALL coins currently listed on AllCrypt, a total of 1,137,637 votes were cast. We already know that 126,162 were paid votes. Meaning about 10-11% of all votes from all coins on AllCrypt were paid votes.

Shocking levels of corruption.

I keep coming back to that word because it really pisses me off.

We pledged 20% of all donations would go to charity. And it did.

But it's just so WRONG.

One last point before I get back to coding today - If you don't want EBT to gain votes through money, then have your community just... gasp... not donate? Politely state that you want EBT to be "above that, and while I realize we're all not like that, I ask that we don't stoop to that level." I never understand the tendency of people to want to legislate other people's actions. Don't want to pay for votes? Then DONT PAY. Why "pass a law" stopping others from doing so?

I really do want to hear the argument as to why what we did is so corrupt, but if we did it on kickstarter it wouldnt have been. Of if it was, I want to hear why EVERY campaign on kickstarter isn't bribery and corruption.

(As for OpenEx - god no. Build an exchange based on software everyone else has the source code to? Are you daft? Let's publish any possible security hole, and even if it has the community to shore it up, hackers still have a REALLY good starting point to find those holes. No way.)

So I'm assuming the coin is dead.

Added to AllCrypt.com, added all the nodes I can find listed online, and none are running.

Unless we get good nodes that stay up within 48 hours we'll be removing Basecoin.

Not sure why a coin with no nodes got so many votes.

A quick followup. I just noticed this as I was about to close the page.

AllCrypt.com had over 172,000 FAKE VOTES. People used Tor. People used IP changing VPNs. One asshole found a way to trick the system so that he could use other users id numbers to send votes. (Since fixed)

Coins without paid voting do NOT have a "much better chance" for natural growth, because that "real support" can be faked SO easily.

And what the hell do you care if other coins pump and dump? Someone else posted that the exchange will be littered with dead coins. Again - why do you care? Some of our TOP VOTED coins, with REAL votes, and little to no BTC donations have, so far, had ZERO activity on the site.

None whatsoever.

But that doesn't affect your coin on the site - so again - why do you care so much what other people do with their coin?

The dev contacted us about removing the paid votes from EBT, and truth is it's difficult to do, as it's an integrated system. A coin without a payment address has one auto-generated when the page loads. We'd need to recode the page to do that. Which takes time and resources away from working on the exchange.

So we WILL remove it - just when we have time.

That being said I wanted to address a few things.

We tossed the idea back and forth when we implemented the system and ultimately decided to go with it, even though to some it comes off in a negative light.

The reason being is that some coins have a huge community and user base.

And some have a small but dedicated community with financial backing.

Calling AllCrypt sleazy for taking paid votes is like calling a company sleazy for advertising. You're paying to get customers! You should use your community to get those customers!

Paid voting is by no means required, and 90% of the votes on AllCrypt.com have been unpaid. I'm honestly a little shocked that we are sleazy for giving a coin's community the OPTION to pay.

AllCrypt's voting system it completely and utterly transparent. You see what gets added because it's on the list. NO ONE had voting systems before we did, and now look how many copycats there are. Because we did it right.

If we did back room dealings and demanded money to list a coin (like some exchanges have been accused of) you can call us sleazy. We offer the OPTION - which you are free to NOT take. We believe in personal choice and freedom, and to say "No you can't" because some people don't like the idea, thats just as closed minded.

And I have a question - you say:


So what should that critera be? How do we, as exchange operators, judge YOUR devotion and hard work? We thought votes were a good way. Votes cause forum "Come vote!" spamming. As a side effect it also causes site signups, making the exchange more visible, thus making your coin more visible when it's added. We thought that would be a GOOD thing.

I really want to know what that criteria for judging hard work and community demand should be. Something that we can measure. Fairly. And transparently.

Because from MY experience, people seem pretty pissed when Cryptsy "randomly" adds coins that no one understands why. Maybe they were making judgments of hard work. Maybe Vern is personally vested in the coin. Maybe money changed hands. NO ONE KNOWS.

At least with our system, EVERYONE knows. Clearly. Openly. With transparency.

No one's making you pay to vote. So why do you care if someone does? Unless it's the "not fair" syndrome. And thats an area where we don't sympathize.

I know this post will make us no friends whatsoever. But you'll never get anything less than honesty from us.

Oh, and as a side note... our evil and slimy coin voting raised 3.59 BTC ($2267 as of right now) which was donated to Sean's Outpost to help the homeless.

Our coin voting provided about 700 meals for the hungry in Pensacola FL.

What a horrible thing we did.

Yeah. In 65 wallets we've installed we havent hit that before.

Should prob check for other wallets using the same ports before you hardcode the wallets - there are 65k ports to pick from

Added 24 more coins tonight.  A list will be posted soon.

24 new coins added tonight.

Fixed

Not a problem there. The dang thing doesnt even WORK on or exchange - without standard commands we cannot do a thing anyway.

Stopped the wallet.

Deleted everything but the wallet.dat.

Made a new conf file with connect=31.193.130.77 (so its ALL I connected to)

Started the wallet.

Died at 32758 again.

As an experiement I removed the connect and changed it to addnode. Restarted. Now I have 4 connections.

And have been at 32758 for 35 minutes now.

    "version" : 1050000,
    "protocolversion" : 60001,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 32758,
    "connections" : 1,
    "proxy" : "",
    "difficulty" : 6.71355536,
    "testnet" : false,
    "keypoololdest" : 1393908238,
    "keypoolsize" : 97,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00010000,
    "unlocked_until" : 0,
    "errors" : ""

Its not harmless at all! I have users pissed off their deposits and withdrawals don't work because the blockchain never moves.

Thats like the complete opposite of harmless.

Hey devs - you should consider making a change to the BEK wallet.

There is a transaction limit of 21 million coins. AllCrypt has a user who moved in, in chunks, over 100 million coins. And now cannot withdraw it because of the limit.

Other coins have upped the limit. Mooncoin and Dogecoin for example. So as an experiment I upped the limit to 500mil. But then the wallet said the transaction was too small and was dust, so I disabled that check as it's obviously wrong. His withdraw went out but is stuck at 0 confirmations because the network cannot handle it.

It'll die soon and come back (we hope?) but when a user can easily amass 5x the transaction limit (which was left untouched from the original  bitcoin code) the wallet needs to be fixed to handle that.

Just something to consider when building a new coin.

Proud to have innovated this voting which everyone is now hopping on the bandwagon for

Trying to add to AllCrypt.com tonight - cant find a github source. Sorry - not taking a downloaded zip file. Needs to be truly open source.

Linux. And if this is going to be on an exchange it absolutely has to have more than those three commands. Just off the top of my head we use: listtransactions, listtransactionssince, getinfo, getbalance, gettransaction, move, and god knows how many others.

In the future instead of completely changing how the wallet works, for it to actually be compatible with other software, ADD new commands - don't change the way standard commands work. We have 42 other wallets that all work according to that standard.

PM me once you have something worked out.

Thats coming next week. Making sure all the frontend stuff is bug free before we put an API behind it.

Both added. In the future, use the support ticket system on the site.