[ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments

[petushka]

I can't really realize why the team reacts all these attacks regarding BG at all! There is no any proof of nano involvement moreover this exchange wasn't even regulated ... All its users have been using it on their own risk (me too btw). So, I wish the team all the best and just to ignore all complaints!

[TeraBite]

I can't really realize why the team reacts all these attacks regarding BG at all! There is no any proof of nano involvement moreover this exchange wasn't even regulated ... All its users have been using it on their own risk (me too btw). So, I wish the team all the best and just to ignore all complaints!

The big reason of that BitGrail was officially recommended by the team and they were supporting this so this could be the point which keep thinking the people about inside job. People want to know that exact situation about incident what happened why they recommend that exchange if it was not secure.

[petushka]

I can't really realize why the team reacts all these attacks regarding BG at all! There is no any proof of nano involvement moreover this exchange wasn't even regulated ... All its users have been using it on their own risk (me too btw). So, I wish the team all the best and just to ignore all complaints!

The big reason of that BitGrail was officially recommended by the team and they were supporting this so this could be the point which keep thinking the people about inside job. People want to know that exact situation about incident what happened why they recommend that exchange if it was not secure.

First of all we should understand that being a young team with undervalued coin it's hard to get listed on any reputable exchange. Also they suffered a lot from the ungrateful claimers and this fact has damaged the reputation too. So, there was no an awful plan, they just had no choice. From other side they could be just cheated by BG as well. In any case, the most important that there is no actual proves of their involvement. I really sorry for all those loses ppl have faced but nano is a victim too. If nono's volume wasn't the biggest on BG it would be other coin.

[fajarkus12]

I can't really realize why the team reacts all these attacks regarding BG at all! There is no any proof of nano involvement moreover this exchange wasn't even regulated ... All its users have been using it on their own risk (me too btw). So, I wish the team all the best and just to ignore all complaints!

The big reason of that BitGrail was officially recommended by the team and they were supporting this so this could be the point which keep thinking the people about inside job. People want to know that exact situation about incident what happened why they recommend that exchange if it was not secure.

First of all we should understand that being a young team with undervalued coin it's hard to get listed on any reputable exchange. Also they suffered a lot from the ungrateful claimers and this fact has damaged the reputation too. So, there was no an awful plan, they just had no choice. From other side they could be just cheated by BG as well. In any case, the most important that there is no actual proves of their involvement. I really sorry for all those loses ppl have faced but nano is a victim too. If nono's volume wasn't the biggest on BG it would be other coin.

I agree with you, but i hope there is a solution how to solve this problem because many people lost their money because of Bitgrail and that people who steal must be sent to jail. I think in the future we should to more carefully if want to save all coins in the exchange, so i suggest to you all if want sell or buy not in one time with all your coin / money, but in sequential or little by little for avoid the case like Bitgrail

[CrytpoGod27]

Such an amazing time to buy right now. NANO has sunk to #29 on CMC. Anyone who is looking for a great crypto deal should be buying now. This coin is going to revolutionize crypto with its unique technology

[NrX]

Yep, current price is something on what everyone will just agree that very cheap coins. By now Nano should have been on rebounding when the return of green signals everywhere. I don't understand what is putting this market on hold because limited supply and real use case for faster transactions at zero cost is all what everyone wanted.

[kamiyama]

Quick update
https://www.reddit.com/r/nanocurrency/comments/8d05n1/quick_update/

Hey everyone! Wanted to give a quick update before it gets too late in Europe. Things are looking good on our end, there has been a number of new commits made in github and the team is currently running a few more tests. Hopefully will have a more substantial update later tonight or in the morning. Thanks for your patience while we are working on this.

[jpdorn]

They should rebrand this thread title

[cryptodv]

They should rebrand this thread title

Yes, you would think they would of changed this thread to $NANO already. When will the official wallet be ready?

[bayu7adi]

I am amazed by the presence of XRB in coinmarketcap
I used to have thousands of XRBs and it sold very cheaply
I am sorry, and very sorry, why XRB price is now very expensive, when I need it to send money to my friend who is in Singapore

[Neversettle]

They should rebrand this thread title

Yes, you would think they would of changed this thread to $NANO already. When will the official wallet be ready?

A new thread would be definetly better than keeping this one. Which wallet do you need ? the web wallet is working like a charm

[Call_Me_Bambi]

A nice article tracing and summing up the sad and tormented story of the Nano Vs. BitGrail tragedy.

With no party taking any full responsibility for the hack, and the funds now gone leaving users fuming, the whole saga continued by disgruntled users who headed to the courtrooms. On April 5, a new class action lawsuit had been filed in the US on behalf of investors.
https://cointelegraph.com/news/strange-twists-and-turns-of-nano-and-bitgrail-since-the-150-mln-hack

[viki9]

Is there any app for iphone???

[AlloM]

Is there any app for iphone???

https://nano.org/en
https://zackshapiro2.typeform.com/to/uUk3mD

This is in beta mode at the moment so you can sign up for invitation and soon you will get link to that app when it will be ready for use.

[Lucius]

They should rebrand this thread title

Yes, you would think they would of changed this thread to $NANO already. When will the official wallet be ready?

This is not Nano (RaiBlocks) official thread,user which is open this thread was maybe in some connection with this project or he just like it-and even many users send him PM to change title so far he did not respond.

A nice article tracing and summing up the sad and tormented story of the Nano Vs. BitGrail tragedy.

With no party taking any full responsibility for the hack, and the funds now gone leaving users fuming, the whole saga continued by disgruntled users who headed to the courtrooms. On April 5, a new class action lawsuit had been filed in the US on behalf of investors.
https://cointelegraph.com/news/strange-twists-and-turns-of-nano-and-bitgrail-since-the-150-mln-hack

Only way to know the truth is a court,this is best chance for all those who are left without Nano from BitGrail.Switching guilt from one side to the other does not lead anywhere,money is lost and customer should be compensated.

All victims should read this :

So far, the victims represented by Mr. Enger have raised over $300,000 in multiple currencies (including over 53,000 Nano) on their own, which today will double to a value of over $600,000 with our donation. Going forward, we will match the donations received until we have met our joint goal of establishing a total legal fund worth $2 million. To join the efforts of the 1400 victims seeking justice in Italy, send an email to Mr. Enger at bitgrailvictims@gmail.com, providing your name, country of residence and the amount of Nano in your BitGrail account. Mr. Enger will respond to each and every claim received. You can track and read updates concerning the legal action being taken here. To make a donation in any currency to the legal fund, either donate to one of the official BTC, ETH, LTC donation addresses located here, the official Nano donation address or contact Mr. Enger at bitgrailvictims@gmail.com to make a donation in any other currency.

More info : Nano Foundation Announces Legal Fund For BitGrail Victims

[scambust]

Only way to know the truth is a court,this is best chance for all those who are left without Nano from BitGrail.Switching guilt from one side to the other does not lead anywhere,money is lost and customer should be compensated.

All victims should read this :

So far, the victims represented by Mr. Enger have raised over $300,000 in multiple currencies (including over 53,000 Nano) on their own, which today will double to a value of over $600,000 with our donation. Going forward, we will match the donations received until we have met our joint goal of establishing a total legal fund worth $2 million. To join the efforts of the 1400 victims seeking justice in Italy, send an email to Mr. Enger at bitgrailvictims@gmail.com, providing your name, country of residence and the amount of Nano in your BitGrail account. Mr. Enger will respond to each and every claim received. You can track and read updates concerning the legal action being taken here. To make a donation in any currency to the legal fund, either donate to one of the official BTC, ETH, LTC donation addresses located here, the official Nano donation address or contact Mr. Enger at bitgrailvictims@gmail.com to make a donation in any other currency.

More info : Nano Foundation Announces Legal Fund For BitGrail Victims

Well, look at the bright side, the scammer is known and can be sued in court for massive fraud. It will take time, but if you are a true NANO believer, you may get back your NANO at a much higher price!

[kyxap]

I didn't expect, of course, such iridescent succession of events for this coin, very much I regret that I have sold very cheap, to wealth there were only 4 months of the hold.

[themathiasmiller]

A nice article tracing and summing up the sad and tormented story of the Nano Vs. BitGrail tragedy.

With no party taking any full responsibility for the hack, and the funds now gone leaving users fuming, the whole saga continued by disgruntled users who headed to the courtrooms. On April 5, a new class action lawsuit had been filed in the US on behalf of investors.
https://cointelegraph.com/news/strange-twists-and-turns-of-nano-and-bitgrail-since-the-150-mln-hack

Whoever wrote this article is very creative, I honestly enjoyed reading the article, it's like I'm just reading a comic book or a wattpad story lol anyway it's sad that until now nobody is taking responsibility of what happened. It's really unfortunate for those who have lost a lot of money due to this issue but I'm glad that even though the bitgrail developer never took responsibility, he managed to think of a way to atleast give people a percentage of what they lost, I know that's not much but atleast he did something and also even though the dev team really has nothing to do with this, I'm very happy that they also donated a huge amount of money to the victim of this hack. I just hope that this issue will be resolved as soon as possible and I also hope that through time some of the victims that despised nano because of what happened will eventually move on and be profitable.

[thorRJ]

It would be nice to give an update on the initial post of this ANN, few information, for a layman it is impossible to trust this project, this is not a criticism, I just hope that the initial posting is richer in content

[kamiyama]

Version 12 of Nano Node Released
https://medium.com/@nanocurrency/version-12-of-nano-node-released-bafc4765a6bb

On Friday, April 13th, 2018, our team encountered a bug while bootstrapping that led to nodes failing to resolve forks correctly and keeping them from staying in sync. Our team immediately reached out to exchanges and advised them to close deposits and withdrawals until the problem was resolved. Once upgraded to version 12, exchanges will be able to reopen and resume trading as usual.

Upon diagnoses, IO thread starvation was causing network disconnections, which led to forks failing to resolve properly. IO threads are supposed to only queue long IO operations and then wait for more work. Instead, it was waiting for a database write lock to be available, which while bootstrapping could be many seconds or longer depending on scheduling.

While the appearance of this bug occurred during the same time-frame as the implementation of universal blocks, it was unrelated. The second canary is still on schedule to be released; this date will be provided in the upcoming days.

Our team has worked around the clock on this issue and putting a fix in place. The update to version 12 results in a more secure and stable Nano network.

Version 12 also de-peers nodes running versions 10 and below. These nodes will need to update to the latest version in order to re-sync with the Nano network, as they do not understand universal blocks.

We appreciate the support from exchanges and for their help, as well as the community’s patience and understanding. We would also like to thank the community members who assisted us with testing version 12.

The version 12 release can be downloaded here.
https://github.com/nanocurrency/raiblocks/releases/tag/V12.0

12.0 Release Notes
* De-peer nodes < v11 since they don’t understand universal blocks
* For the time being, v11 nodes will act as a bridge between old peers and new peers
* Prevent IO thread starvation
* Improved fork resolution process
* Priority queue for faster cleanup on rollbacks
* Confirmation history tracking
* Less log spam, various log cleanups and more accurate vote and rollback logging
* Answer with successor block on confirmation requests (#803)
* Local work can be disabled if peers are down (#791)
* Disallow account variations (#797)
* Fixed deadlock when shutting down the node
* Elections during bootstrap are more resilient (#810)

RPC
* State block RPC improvements (#785)
* Balance option for blocks_info (#794)
* Work and signature added to raw account_history
* Send callback contains actual amount (#796)