[ANN][PSB] Pesobit, the currency for remittances and international cooperation

[cryptodv]

When does the new desktop wallet roll out?

[bitdragon2016]

Good day,

  My wallet address is listed as one of the ILLEGAL.. And dis is very serious concerned. because all of that coins came from cryptopia trading which I hardly earned and invested. I CAN give u the withdrawal details and transaction id if needed. hope the dev. will tend this matter.

Thanks for reaching out. I'll communicate with you on this matter via PM.

I am anticipating with your message Lutzow, Have a great day

[electronicash]

so you'd all forget what just happened?
cryptopia wouldn't be here in this thread if all these things weren't as serious as hell.  did you really understand why its being delisted?
the balances didn't match and there were changes to the blockchain. this could mean the dev took Pesobits god knows how much and then concealed it by editing the blockchain.

I trust Lutzow and I think PSB is a worthwhile application of Crypto to an everyday social need, in the Philippines and also possibly elsewhere (Mexico, etc...): the remittances.  The people who stole PSBs dumped their stolen PSB in the markets and this has resulted in the ridiculously low price we see today. Hopefully, those low prices won't last.

Something had to be done, and quickly. I think Lutzow did the right thing, and I am sure such a deep intervention in the PSB Blockchain won't happen again. I hope the thieves will be reported to the authorities quickly.

The plan makes sure all PSB owners who bought legally their PSB, will get them.

Even the mighty Bitcoin had its share of manual intervention before it became bullet-proof: http://www.coindesk.com/9-biggest-screwups-bitcoin-history/, so let's not play holier than thou here...

Its not because of the price why its going to be delisted on cryptopia. its how ridiculous these people try to edit the chain thinking they'd be able to cheat the system. its a good thing cryptopia had their own internal chain to monitor all these. who do you think can send illegal PSBs?

[szafa]

In my mind cryptopia dosent delist psb from his market,but if they dont want money from trade they bisness.

[care2yak]

Does this mean that there will be a classic version for this?

[electronicash]

In my mind cryptopia dosent delist psb from his market,but if they dont want money from trade they bisness.

no, its kinda like accounting for all these transactions as balance sheet. if the chain were edited, it will mess up the internal chain they created for PSB and its not going to match. therefore someone cheated.

[Coin_trader]

In my mind cryptopia dosent delist psb from his market,but if they dont want money from trade they bisness.

they will delist it, they already commented about that on this thread, they are just wanted to protect their platform to some circumstances it may bring by the action of PSB dev to shift into another blockchain.

[bitcoin8980]

Does this mean that there will be a classic version for this?

keep it up and wait for the best is a best policy to continue it consistencly

[puremage111]

How is the future of Pesobit?

Since it is delisted from crytopia, and the only exchange left now is in yobit right?

[raven7886]

its tradable at ccex not on yobit.

c-cex is much better than yobit. yobit is a shit exchange, full of fake bots and tools,. c-cex also have a lot of useless and low valued coins but still have a better reputation than yobit...

would be nice if Pesobit list in bittrex or polo.

[Crypto Girl]

its tradable at ccex not on yobit.

it's listed both at yobit and c-cex, i knew because i have PSB on both exchanges.
the trading price on two sites are almost the same with a narrow gap in volume.

[puremage111]

its tradable at ccex not on yobit.

c-cex is much better than yobit. yobit is a shit exchange, full of fake bots and tools,. c-cex also have a lot of useless and low valued coins but still have a better reputation than yobit...

would be nice if Pesobit list in bittrex or polo.

if yobit ccex is tier 3
polo bitrex is tier 1

any tier 2 good exchanges？

[synthgauge]

When does the new desktop wallet roll out?

U should ask philippine government about that, they are currently in charge of finalizing things up.

[judeafante]

How is the future of Pesobit?

Since it is delisted from crytopia, and the only exchange left now is in yobit right?

They are on Novaexchange but unfortunately the wallet is in maintenance,same thing in Yobit I just notice it when I tried to withdraw the pesobit I purchase,now it's stuck on Yobit,is there any update on their wallet.

[menace.bit]

Hi Everyone,

The initial plan in the shift to the new blockchain is suppose to be smooth, redistributing the new wallet and new pesobits to the addresses that everyone can see in the block explorer but since cryptopia won't update their wallet we'll have to do auditing for their users.

1) For Cryptopia users:
- As stated earlier you need to send a screenshot of your balance to pesobit@gmail.com.
- We will open another online wallet for you which matches the old blockchain so you can send your pesobits there then it will be replaced by the new Pesobits with PoSP (you will receive instructions on your emails as soon as everything is ready for that migration)

2) Pesobits in other exchanges, just let it stay there for now until further notice as we'll be waiting for them to update their wallets.
3) Pesobits in the Online Wallet, have nothing to worry as it will be shifted to PoSP and everything will be the same for you guys. Staking earnings will be increased as well.
4) Pesobits in other systems like coinomi or coinpayments, we will be supplying them with new wallets as well.
5) Pesobits in Desktop Wallet, a new desktop wallet has been created. PoSP will benefit Desktop wallet users as you may get more than the old model's staking earnings without changing the rate of inflation of the coin so it still remains at 5%.

6) As for the news regarding Pesobits who got out of the Online wallet illegally, Eduardo (the ICO page and the online wallet creator) is investigating how there were unregistered withdrawals from the Online wallet which I found out while we are checking the transactions directly from the blockchain in preparation to the shift to PoSP. We've identified the addresses and the email addresses and as a corrective measure will edit the blockchain so those Pesobits will not be usable. And this change in the blockchain is what caused Pesobit to be delisted from Cryptopia (same reason why ETH got delisted). To clarify, programs and database were untouched based on our logfiles and security checks so all data are still safe as the problem could be a bug on the online wallet creator's code. One thing is for sure, all Pesobits will be replaced with the PoSP-version and we will be focusing first in auditing the Pesobits as well as migrating all the wallets.

7) So what's next after the PoSP migration? Projects will continue as usual as business license has been renewed, business meetings will resume to bring in more usage for Pesobit and many more.

The 'Illegal Pesobits' as what I call them is a big challenge and as much as I want to blame or point fingers as to how and why it happened I'd rather focus on providing resolution and overcome this hurdle. It's not on how hard you fall, it's on how you stand up and be better and Pesobit will surely do so with your support.

More announcement will be released as to what needs to be done with your old Pesobits, just look back to items 1-5 as to what needs to be done..

this "illegal pesobits" issue looks to be very serious. how many millions in pesobit coins are we talking about being "illegally transferred" that warrants the editing of the blockchain - DAO/ETH style? is there a date when the investigation is supposed to be finished? you should get into the bottom of the issue and find out how and why, not just provide resolution -- so it will not happen again.

[electronicash]

Hi Everyone,

The initial plan in the shift to the new blockchain is suppose to be smooth, redistributing the new wallet and new pesobits to the addresses that everyone can see in the block explorer but since cryptopia won't update their wallet we'll have to do auditing for their users.

1) For Cryptopia users:
- As stated earlier you need to send a screenshot of your balance to pesobit@gmail.com.
- We will open another online wallet for you which matches the old blockchain so you can send your pesobits there then it will be replaced by the new Pesobits with PoSP (you will receive instructions on your emails as soon as everything is ready for that migration)

2) Pesobits in other exchanges, just let it stay there for now until further notice as we'll be waiting for them to update their wallets.
3) Pesobits in the Online Wallet, have nothing to worry as it will be shifted to PoSP and everything will be the same for you guys. Staking earnings will be increased as well.
4) Pesobits in other systems like coinomi or coinpayments, we will be supplying them with new wallets as well.
5) Pesobits in Desktop Wallet, a new desktop wallet has been created. PoSP will benefit Desktop wallet users as you may get more than the old model's staking earnings without changing the rate of inflation of the coin so it still remains at 5%.

6) As for the news regarding Pesobits who got out of the Online wallet illegally, Eduardo (the ICO page and the online wallet creator) is investigating how there were unregistered withdrawals from the Online wallet which I found out while we are checking the transactions directly from the blockchain in preparation to the shift to PoSP. We've identified the addresses and the email addresses and as a corrective measure will edit the blockchain so those Pesobits will not be usable. And this change in the blockchain is what caused Pesobit to be delisted from Cryptopia (same reason why ETH got delisted). To clarify, programs and database were untouched based on our logfiles and security checks so all data are still safe as the problem could be a bug on the online wallet creator's code. One thing is for sure, all Pesobits will be replaced with the PoSP-version and we will be focusing first in auditing the Pesobits as well as migrating all the wallets.

7) So what's next after the PoSP migration? Projects will continue as usual as business license has been renewed, business meetings will resume to bring in more usage for Pesobit and many more.

The 'Illegal Pesobits' as what I call them is a big challenge and as much as I want to blame or point fingers as to how and why it happened I'd rather focus on providing resolution and overcome this hurdle. It's not on how hard you fall, it's on how you stand up and be better and Pesobit will surely do so with your support.

More announcement will be released as to what needs to be done with your old Pesobits, just look back to items 1-5 as to what needs to be done..

this "illegal pesobits" issue looks to be very serious. how many millions in pesobit coins are we talking about being "illegally transferred" that warrants the editing of the blockchain - DAO/ETH style? is there a date when the investigation is supposed to be finished? you should get into the bottom of the issue and find out how and why, not just provide resolution -- so it will not happen again.

yep. should. not just a resolution by saying were experiencing paradigm shift    whatever that means.
but millions of PSB? what are they planing to buy, a helli?  it would have been a robbery of all time but stupidest thing they ever did was to let it listed on cryptopia.

anyway, we'd all gonna be laughing about this heist someday.

[Noojna]

its tradable at ccex not on yobit.

c-cex is much better than yobit. yobit is a shit exchange, full of fake bots and tools,. c-cex also have a lot of useless and low valued coins but still have a better reputation than yobit...

would be nice if Pesobit list in bittrex or polo.

Yes, and it would have been nice if Cryptopia had shown some open-mindedness. Oh-well.

As mentioned before, something had to be done or it was the end of Pesobit.

Cryptopia needs to see the new blockchain entirely like a new coin, and we can be friends again. Otherwise we will turn to other exchanges.

[hdn]

Hi,,i try to open pesobit online wallet but cannot, pesobit wallet is under maintenance?

[bitwarrior]

Hi,,i try to open pesobit online wallet but cannot, pesobit wallet is under maintenance?

Yes, the online wallet is still under maintenance... for more info pls try to back read few pages. Thanks

[hdn]

Hi,,i try to open pesobit online wallet but cannot, pesobit wallet is under maintenance?

Yes, the online wallet is still under maintenance... for more info pls try to back read few pages. Thanks

Tq for the info mate.