Lol the newbs on here are hilarious. WCX people already said they will release more information in time...

I advocate that they keep private key holders anonymous, it is best for security of the customer funds. As long as known escrow is used for ICO then that fine.

Keep this thread clear of childish FUD mate. If you have proof of wrongdoing sure say it - but don't speculate like a fool.

Bro I've been in security since you were still swimming in your father's balls. It is clear you have no idea what you're talking about.

- Please explain how the fraud will work if 1) presales have escrow 2) exchange is launching BEFORE public ICO.

- It is 1000000x better for security not reveal private key holders. Tell me you know who Poloniex founders are? How long has Polo been running without incident? You reveal private key holders to the public, you put ALL customer funds at risk.

So I suggest you take a step back and use your brain for just 2 tiny seconds.

Also, what is with all the FUD. WCX has delivered on every single thing promised so far. The exchange launch and ICO are still far away, there is still time. I think they are just pacing. So stop being impatient and unless you have PROOF of any wrongdoing I suggest you eat a bloody hat.

Your dumb FUD is doing a disservice to all of us holding WCX.

@cryptocointrading

5,000 people in the beta they can raise $100M or more from that alone if other ICOs are any indication. also if you're planning to do the ICO just sign up for the beta or I'm pretty sure they 'll find a way to give you access to the exchange pre ICO.

pre-ICO is escrowed it's in the thread a hundred times please read

I mean that's the entire point of this project is you don't have to invest before seeing what they deliver because the exchange will live before the ICO. That's what make it a "real" investment case not like other ICOs who do promise, and that's it you gotta trust they will deliver some time in the future . I don't actually think any recent ICO has had any sizable impact or good product TBH apart from the speculation value of their token

I dont' see how posting photo or video of an office makes more trust...

Please don't FUD. Take some time to go through the thread and if English is not your first language please find a local ann.

There is nothing in this project to fraud. The pre-sales are escrowed. and the ICO itself happen after exchange is ready... In fact personal data about devs are not even needed if they structure it this way. This is better for security, maybe people won't trust but in the long term much better for exchange security. but who knows maybe they will reveal all about them, I hope not , its better that private key holders remain non-public.

They shouldn't if they are serious about security. Not the people holding private keys. This is an exchange business, so revealing private key holders, location, residence, or any other info puts the client funds at risk.

They prob need your email. they are hello [at] wcex.co

Lol. Referral program ended like a week ago, this was announced many times.

Also if you're Russian or something use the local thread.

@S.Naka

There are some newbies posting in the thread. I think its because WCX links from their site and emails to this thread so people just sign up and post.

As for me you can check my register date I've been around for long. Like many here I already own WCXT so if you're gonna come in new to this thread and FUD about us like a fool without reading the thread or whitepaper then yes I'm gonna call you out.

Concerning IDs please use your brain for 2 seconds or read my previous posts and answers on this issue (security), as I said it's been answered too many times already.

This has been answered a trillion times. Read the thread. Main reason is private key and customer fund security. I don't know if they will reveal all identities but there is not upside in doing so, only downside because then private key holders are known and can be coerced or attacked, which puts customer funds at risk.

Also, there is no scam possibility for this project because the WCX exchange will be ready before the ICO. Unlike all other ICOs which make promises and no delivery of product in pre-ICO phases. Funds will be used for team growth, marketing, etc. to grow the exchange as laid out in whitepaper.

Again, read the thread, please don't bulge in here doing FUD and saying BS.

What do you mean any details? There's the entire whitepaper laying out what WCX will do. This is investing, you're presented with a project and put your money at risk in expectation of a payoff.

It's really not. As a security guy, I actually hope they don't post identifying info about the team, particularly private key holders. This would put future customer funds at risk. I've talked about this in detail in my previous posts.

20K usd is hardly whale... ICO price is 10 WCXT = 1 USD. If you buy in more than 250K WCXT now you get 15% discount, that's pre-ICO, nothing new.

There's bounties for translations and/or for signing up on wcex.co. The first post has more detail.

Haha you actually believe Poloniex owner is that piano player Tristan? Based on his "linkedin" he is a 7 year piano player, 0 experience in developing software, or any expertise in security. Those piano skills sure have helped him run an exchange.

Sure based in the US, ever been to their headquarters? Address? You've played yourself. They're smart keeping things under wraps TBH. It works so far, they are largest exchange and never had a breach.

Obscurity plays a huge part in security.

As I explained before I think that would be really big security risk to reveal that, especially if they want to be global player long term, but I don't know maybe they will. In any case since the exchange will be ready before the ICO, so we can have the product, customers, traction, etc. to judge if you want to buy more into ICO.

Good so you agree they shouldn't reveal private key owners... It would indeed be fucking stupid. Yes Poloniex owners and leadership etc are not known, in fact nobody at Poloniex is known. I'm not saying WCX has to not reveal anyone, they can reveal parts of their team with no access to customer funds as I said in previous post...

BUT that needs to be controlled as well because bad actors with knowledge of team/residences of team members can use those to get to private key holders, which again puts customer funds in danger. WCX wants to go very big, global exchange, security should be at forefront of their priorities, from the start. If they wanna do it right and be a big player on the long term. Security is tough tough business WCX on the right path so far IMO.

Already answered this in previous posts.

pros = no security risk, anonymous private key holders mean your funds won't be targeted by potential kidnappings, threats against private key holders, etc.

How exactly does revealing identities help you in any way.

How did that help all the people who had money on Mt Gox? All the owners were known and the exchange went under and bankrupt and people lost money.

How did that help Bitfinex when they got hacked for $200M? Again all the owners were known.

There's not much upside to revealing who holds the private keys, it's mostly all downside. This is understandable from security perspective (I work in bank IT security). I think it's very smart decision to keep it hidden if they decide to do so.

Sure let them reveal some team members but don't make public known to everyone who holds the private keys, that would be fucking stupid. Look at poloniex they are largest crypto exchange by volume and owners are not known!! And not one single security breach. It's a smart choice.

Second, as you trade on ANY exchange, don't keep funds there all the time, this is just common sense. It's not a wallet. you deposit, you trade, you withdraw. very low risk in this case and knowing private key holders makes very little difference.

Third, WCX is compliant according to whitepaper. That is easily verifiable when they launch and which countries they serve. That means due diligence, etc. has been made by many parties, perhaps even governments, vendors, etc. and owners were revealed to them. They are just not publicizing - again, smart decision I think.


Doesn't have to be in pocket, can be anywhere as long as location is known and that would make it a real risk. Also they will need access to cold storage from time to time to refill hot wallets I presume like every other exchange. So it's not gonna be in a mountain vault somewhere. Cryptocurrency is like a stash of cash.