All,
It's been almost 24 hours since the flaw was discovered. As i originally stated, if the dev team could not come up with an agreeable solution, we would remove the market. At this time, we have not heard from the dev team and can only assume malicious intent. Given that, we have removed the market and will be re-opening the wallet for withdrawals only. Good luck with the community takeover, we will revisit if the coin stabilizes.
A couple of data points that need to be clarified:
* I do not believe a large dump occurred. There was a deposit for 4.1M coins into a new account (which previously dumped 100k and withdrew all the BTC) but these were never credited because of security alarms.
* Until someone does a full analysis of the blockchain, it is impossible to say how many coins were generated incorrectly.
* There was not a hidden premine, or other exploit that has been seen before. As far as we can tell, the bug/exploit was located in the complicated lucky staking code.
thanks,
richie
It's been almost 24 hours since the flaw was discovered. As i originally stated, if the dev team could not come up with an agreeable solution, we would remove the market. At this time, we have not heard from the dev team and can only assume malicious intent. Given that, we have removed the market and will be re-opening the wallet for withdrawals only. Good luck with the community takeover, we will revisit if the coin stabilizes.
A couple of data points that need to be clarified:
* I do not believe a large dump occurred. There was a deposit for 4.1M coins into a new account (which previously dumped 100k and withdrew all the BTC) but these were never credited because of security alarms.
* Until someone does a full analysis of the blockchain, it is impossible to say how many coins were generated incorrectly.
* There was not a hidden premine, or other exploit that has been seen before. As far as we can tell, the bug/exploit was located in the complicated lucky staking code.
thanks,
richie
i am impressed!
If I understand correctly, bittrex is asking us to be thankful for protecting us from further dumps. Well, thanks bittrex. Problem with that is that I was of the impression you would only list coins after revising the code. Obviously I have been wrong.