BATA BTA ◈ OLD THREAD - NOW @ https://bitcointalk.org/index.php?topic=2297895.0

[raimch89]

for me 5% max

[kondiomir]

Low PoS let it be

[tolikkk]

2% to the coin that is worth 1000$ ) at the time that is necessary )

[pc888]

Thanks everyone.

Keep them votes coming in.. we are shaping the future of BTA here.

[pc888]

Voting will end in two days.

[raimch89]

nova exchange is dead

you must all withdraw your coins from it

[pc888]

nova exchange is dead

you must all withdraw your coins from it

Thanks for letting us know.


Please ensure your BTA is safe in your wallet, not on an exchange.

Please exercise caution when using exchanges, the safest place for your BTA is in your locked, backed up wallet.

https://novaexchange.com/message/

Please withdraw your coins from Novaexchange.
The exchange has been attacked and caused some trades in certain markets - to be honest - has messed up balances in a few accounts.

Please withdraw your coins from the exchange - right away. And do not send any coins here! Any deposits will be rejected!

Dont forget to click the verification link inside your e-mail in order to activate the withdrawal.

More information can be found here

 System notice
Everyone, please withdraw everything from Novaexchange - Everything!


Also DO NOT send any coins here! I repeat DO NOT!


ALL TRADES HAS BEEN STOPPED, ANY DEPOSITS WILL NOT BE ACCEPTED! WITHDRAW YOUR COINS NOW!


An vulnerability has opened up for a specific user give themselves an insane amount of Bitcoins. These has been used to trade in the markets, balances has been re-arranged.


All in all, BTC, DOGE and ESP balances cannot be trusted, the vulnerability caused the attacker insert a transaction within deposit systems. But did not think that Novaexchange is a young exchange that doesn't bank a lot of coins. The total volume of BTC in the most important wallet was 3.82 BTC before the attack, not a huge amount but that does not mean it is not painful for some.

The attacker themselves did not get away with anything - actually it is happy users that got traded in ESP market during the last few hours that became happy they sold for BTC and withdrew everything. Which caused the wallet to go empty.

All trades and such is logged and I could technically do a rollback of all trades even if it will take a lot of time to sort everything out. Which would you prefer?
I am concidering to close down the exchange permanently once you have withdrawn your coins, unless the community gives any reason for Novaexchange to stay around. I wanted the site to become a serious player in this business with a lot of alt-coins that other exchanges refuses to trade, that was the idea behind Novaexchange.

[pc888]

Voting has ended. Voting now locked.

Question:   Staking Percentage
1%   - 3 (14.3%)
2%   - 3 (14.3%)
5%   - 4 (19%)
8%   - 1 (4.8%)
10%   - 5 (23.8%)
15%   - 3 (14.3%)
higher   - 1 (4.8%)
other (let us know by posting)   - 1 (4.8%)

Total Voters: 21


Under 5% 11 votes

Over 5% 10 Votes

Pretty low voting numbers I must say..

[xichum]

No one buy this coin ?
What wrong ?

[thoth-Atlantian]

No one buy this coin ?
What wrong ?

It hasn't had it's time in the sun yet.

people will buy with the implementation of it's purpose.

Plus really tough Alt coin market right now. 

[pc888]

Just a rough spec put forward to consider

What do you think of these specs - based on Blackcoin POS 3.0

Stake Rewards: 10%  (block 350,000)
| 5% 2nd (block 450,000) | 3% 3rd (block 550,000)| 2% (block 650,000)

PoS Min Stake Time: 8 hr
Transactions: 10 confirmations
Confirmations: 10, maturity: 500
Min stake confirmations: 500
PoS Reward: 1.5 BTA
60 sec per block
Difficulty adjusts every block
Block Size: Scalable up to 8mb

Optional
TX Fee: .0001 BTA (paid to masternodes)
Anon TX Fee (Darksend): .01 BTA (paid to masternode)
Masternode Requirement: 20000.0000 BTA (Minimum and Maximum)
Masternode Rate: 2% Block reward

[thoth-Atlantian]

Just a rough spec put forward to consider

What do you think of these specs - based on Blackcoin POS 3.0

Stake Rewards: 10%  (block 350,000)
| 5% 2nd (block 450,000) | 3% 3rd (block 550,000)| 2% (block 650,000)

PoS Min Stake Time: 8 hr
Transactions: 10 confirmations
Confirmations: 10, maturity: 500
Min stake confirmations: 500
PoS Reward: 1.5 BTA
60 sec per block
Difficulty adjusts every block
Block Size: Scalable up to 8mb

Optional
TX Fee: .0001 BTA (paid to masternodes)
Anon TX Fee (Darksend): .01 BTA (paid to masternode)
Masternode Requirement: 20000.0000 BTA (Minimum and Maximum)
Masternode Rate: 2% Block reward

Seems reasonable, But by block 650k you would need to have alot going on, 2% isnt much incentive to stake

[pc888]

Just a rough spec put forward to consider

What do you think of these specs - based on Blackcoin POS 3.0

Stake Rewards: 10%  (block 350,000)
| 5% 2nd (block 450,000) | 3% 3rd (block 550,000)| 2% (block 650,000)

PoS Min Stake Time: 8 hr
Transactions: 10 confirmations
Confirmations: 10, maturity: 500
Min stake confirmations: 500
PoS Reward: 1.5 BTA
60 sec per block
Difficulty adjusts every block
Block Size: Scalable up to 8mb

Optional
TX Fee: .0001 BTA (paid to masternodes)
Anon TX Fee (Darksend): .01 BTA (paid to masternode)
Masternode Requirement: 20000.0000 BTA (Minimum and Maximum)
Masternode Rate: 2% Block reward

Seems reasonable, But by block 650k you would need to have alot going on, 2% isnt much incentive to stake

This is just rough, so nothing is set in cement. We can increase rates before deciding.

[pc888]

No one buy this coin ?
What wrong ?

No ICO

No PREMINE

No scams

No Sagas

No outrageous claims



I see many cryptocurrencies out there, not mentioning names that have larger market caps and have had numerous sagas and scams still going strong, so I ask myself the same question.

[raimch89]

same problem with tx, wbb...
no ico, no premine, no scam and low interest...."investors" prefer scam coins without project but with big promotion.

[TagBot]

The coin is very promising. I will soon be on the capitalization of the top 100. The developer good luck.

[pc888]

The coin is very promising. I will soon be on the capitalization of the top 100. The developer good luck.

Thanks for the words of support.

[pc888]

No one buy this coin ?
What wrong ?

No ICO

No PREMINE

No scams

No Sagas

No outrageous claims



I see many cryptocurrencies out there, not mentioning names that have larger market caps and have had numerous sagas and scams still going strong, so I ask myself the same question.

this looks interesting.

We welcome all input and feel free to add to the discussion. Thanks for your support.

[kondiomir]

Bought another stake today. The price is pretty low.
Waiting for PoS

[thoth-Atlantian]

Bought another stake today. The price is pretty low.
Waiting for PoS

Wow yeah It is low. haven't checked for a week or so.

Might have to top up at this price