[ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today!

[CryptoBuds]

Now the question is if the exploit is specific to ION or can Transfercoin be exploited in the same manner. Are the investors not worried? Chances are these coins will be dumped on the market and we all know IONs market depth can't handle that. Could be a critical injury to the coin, swaying new customers away.

[kken01]

I'm quite sure they will rollback the blockchain. which is why they closed the bittrex wallet
the unpopularity of this shitcoin gives them the ability to rollback with little consequences (you can't spend on chain coins anywhere)

[pcminerx]

Good question.

Now the question is if the exploit is specific to ION or can Transfercoin be exploited in the same manner. Are the investors not worried? Chances are these coins will be dumped on the market and we all know IONs market depth can't handle that. Could be a critical injury to the coin, swaying new customers away.

[Franz_Huber]

I have confidence in Huey that the team will get a handle on this defect and implement a solution ASAP when all the facts are in...

And that's your problem right there. You have confidence in a con artist. Again.

[suchmoon]

I'm quite sure they will rollback the blockchain. which is why they closed the bittrex wallet
the unpopularity of this shitcoin gives them the ability to rollback with little consequences (you can't spend on chain coins anywhere)

A rebase AND a rollback within 6 months... this must be some kind of a shitcoining record.

[o0o0]

I'm quite sure they will rollback the blockchain. which is why they closed the bittrex wallet
the unpopularity of this shitcoin gives them the ability to rollback with little consequences (you can't spend on chain coins anywhere)

so earnings people made for last week are negative? better tell wildshill so he can notify the investors and himself that ion currently earns $0 per day

[o0o0]

I'm quite sure they will rollback the blockchain. which is why they closed the bittrex wallet
the unpopularity of this shitcoin gives them the ability to rollback with little consequences (you can't spend on chain coins anywhere)

A rebase AND a rollback within 6 months... this must be some kind of a shitcoining record.

i love hueys brilliant pr attitude. he mocks investors with concerns telling them they can complain before and after. not really man of god love thy neighbour material is he? maybe he should stick to sermons. an ideas man doesnt make you a dev. i doubt he could even write a hello world application.

[suchmoon]

I'm quite sure they will rollback the blockchain. which is why they closed the bittrex wallet
the unpopularity of this shitcoin gives them the ability to rollback with little consequences (you can't spend on chain coins anywhere)

A rebase AND a rollback within 6 months... this must be some kind of a shitcoining record.

i love hueys brilliant pr attitude. he mocks investors with concerns telling them they can complain before and after. not really man of god love thy neighbour material is he? maybe he should stick to sermons. an ideas man doesnt make you a dev. i doubt he could even write a hello world application.

I'm sure he was angling for funny/sarcastic with that one, although even the slackers aren't too happy about the lack of communication. Whatever the situation, there is no excuse for that "Friday night announcement" nonsense but that's been their MO since forever.

[WildShark]

there is no excuse for that "Friday night announcement" nonsense but that's been their MO since forever.

@suchmoon I think you been huffing to much Garza Vision. How many Ionomy announcements have been done on Friday in the last 3 months? You would know if you were really in tune with what's been going on in the Ionomy world...

https://news.ionomy.com/

[suchmoon]

there is no excuse for that "Friday night announcement" nonsense but that's been their MO since forever.

@suchmoon I think you been huffing to much Garza Vision. How many Ionomy announcements have been done on Friday in the last 3 months? You would know if you were really in tune with what's been going on in the Ionomy world...

https://news.ionomy.com/

I'd like to say "you're missing the point" but you'd miss it even if I spell it out in crayons for you. Enjoy the magic coin shitting nodes, Sharkie. I'm sure the "team" will announce something, if not today then perhaps some other day. I mean, it took them a year to release an incomplete game so what's a week or two to fix a broken coin. It's not even a crypto project, amirite?

19k blocks, 300k+ coins yesterday (Friday). That's 15 TIMES the usual. It appears to be maxed out at this rate.

[WildShark]

there is no excuse for that "Friday night announcement" nonsense but that's been their MO since forever.

@suchmoon I think you been huffing to much Garza Vision. How many Ionomy announcements have been done on Friday in the last 3 months? You would know if you were really in tune with what's been going on in the Ionomy world...

https://news.ionomy.com/

I'd like to say "you're missing the point" but you'd miss it even if I spell it out in crayons for you. Enjoy the magic coin shitting nodes, Sharkie. I'm sure the "team" will announce something, if not today then perhaps some other day. I mean, it took them a year to release an incomplete game so what's a week or two to fix a broken coin. It's not even a crypto project, amirite?

19k blocks, 300k+ coins yesterday (Friday). That's 15 TIMES the usual. It appears to be maxed out at this rate.

@suchmoon The team has not done the  defect announcement and the Friday went by

[o0o0]

there is no excuse for that "Friday night announcement" nonsense but that's been their MO since forever.

[/color]
@suchmoon I think you been huffing to much Garza Vision. How many Ionomy announcements have been done on Friday in the last 3 months? You would know if you were really in tune with what's been going on in the Ionomy world...

https://news.ionomy.com/

I'd like to say "you're missing the point" but you'd miss it even if I spell it out in crayons for you. Enjoy the magic coin shitting nodes, Sharkie. I'm sure the "team" will announce something, if not today then perhaps some other day. I mean, it took them a year to release an incomplete game so what's a week or two to fix a broken coin. It's not even a crypto project, amirite?

19k blocks, 300k+ coins yesterday (Friday). That's 15 TIMES the usual. It appears to be maxed out at this rate.

@suchmoon The team has not done the  defect announcement and the Friday went by

thats bad you realise right? funny thing is had suchmoon not posted about it i doubt huey would even know about it lol. dev indeed . wasnt security their primary focus???

[WildShark]

there is no excuse for that "Friday night announcement" nonsense but that's been their MO since forever.

@suchmoon I think you been huffing to much Garza Vision. How many Ionomy announcements have been done on Friday in the last 3 months? You would know if you were really in tune with what's been going on in the Ionomy world...

https://news.ionomy.com/

I'd like to say "you're missing the point" but you'd miss it even if I spell it out in crayons for you. Enjoy the magic coin shitting nodes, Sharkie. I'm sure the "team" will announce something, if not today then perhaps some other day. I mean, it took them a year to release an incomplete game so what's a week or two to fix a broken coin. It's not even a crypto project, amirite?

19k blocks, 300k+ coins yesterday (Friday). That's 15 TIMES the usual. It appears to be maxed out at this rate.

@suchmoon The team has not done the  defect announcement and the Friday went by

thats bad you realise right? funny thing is had suchmoon not posted about it i doubt huey would even know about it lol. dev indeed . wasnt security their primary focus???
 

The WildShark and Team extends a THANKS to Suchmoon for being a member of the Tiger Team for providing information on this latest defect!

[CryptoBuds]

And you should seriously worry and question the team for not finding this sooner or knowing about it and not doing anything. The investors should demand answers as to how this happened and why it was allowed to happen for so long.

A rollback of the Blockchain will destroy an credibility this coin had. Why would one invest in a coin that the team can just roll back the Blockchain and take their coins away. Since this is said to be a decentralized coin, was a consensus taken as the best way to proceed?

[Tips4TaT]

And you should seriously worry and question the team for not finding this sooner or knowing about it and not doing anything. The investors should demand answers as to how this happened and why it was allowed to happen for so long.

A rollback of the Blockchain will destroy an credibility this coin had. Why would one invest in a coin that the team can just roll back the Blockchain and take their coins away. Since this is said to be a decentralized coin, was a consensus taken as the best way to proceed?

ETH did it twice

[suchmoon]

ETH did it twice

ION did it (fucked up a shitcoin clone) twice too, so? Two wrongs don't make it right. And even though I'm not a big fan of ETH I think it's safe to say that they have a much better understanding of what's going on and much better communication too - misguided as it may be at times - with their rather complex product than ionomy can ever do with their cheap shitcoin clones. So apples and oranges, or rather apples and deer droppings.

But hey, if that makes yours bags feel less heavy - have at it.

So no announcement "this evening" (i.e. yesterday). New excuse:


Edited 2020-11-29 to fix a broken image

[WildShark]

ETH did it twice

ION did it (fucked up a shitcoin clone) twice too, so? Two wrongs don't make it right. And even though I'm not a big fan of ETH I think it's safe to say that they have a much better understanding of what's going on and much better communication too - misguided as it may be at times - with their rather complex product than ionomy can ever do with their cheap shitcoin clones. So apples and oranges, or rather apples and deer droppings.

But hey, if that makes yours bags feel less heavy - have at it.

So no announcement "this evening" (i.e. yesterday). New excuse:

https://news.ionomy.com/

[suchmoon]

No details, "we're working on it" - fine, but sounds like something that should have been posted a week ago.

https://news.ionomy.com/important-get-ready-for-a-hard-fork/

Difficulty is back to normal so they either found a way to work around the issue or the attacker got bored.

[bhokor]

Still i have no clear which was the attack vector, the Masternodes tech or a issue in the POS system?

[o0o0]

No details, "we're working on it" - fine, but sounds like something that should have been posted a week ago.

https://news.ionomy.com/important-get-ready-for-a-hard-fork/

Difficulty is back to normal so they either found a way to work around the issue or the attacker got bored.

rollback so no need to waste the attackers time.

question though... all those honest masternodes lost profits. people who did wallet to wallet transfers for goods now are out of pocket... how is this right? is huey going to dig into his dev funds and make it right?

if ion was more popular this wouldhave wider reaching issues. its a poor practice rolling back, completely defeats the decentralised no big brother paradigm.