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Question: When should the XLTH/BTC Exchange be released?
Before ICO ends
After ICO ends

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Triswardhani (OP)
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January 20, 2017, 08:39:21 AM
 #1281

Sad to see that so many people fell for this scam. I knew after JimmyRecard's first post that something was wrong, since dev was dodging all the questions. Anyway good job Jimmy for busting this big scam!

What's the problem?
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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mvl
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January 20, 2017, 08:39:54 AM
 #1282

In hindsight there are many red flags. Tbh I invested some BTC in this project, but if I look back that was a stupid decision.

  • Code is not published/auditable
  • Only level 3 investors get the exchange code
  • Virtually no information about the people behind the coin
  • Ridiculous claims about 10000% profits are not unlikely. That alone of course is a big red flag.
Then a warning for everyone who created an account for the BETA version of the exchange: I have seen the exchange source code (which is crappy as hell), and your passwords are stored in plain text and can be read by the dev. If you used a password that you also use for other accounts, make sure you change the password at the other accounts (better is not to re-use passwords).

Of course, the same goes for your passwords at other parts of the site: the wallet, the ICO part, etc. You cannot be sure your information is safe.


We are sorry about that, that's an early version of the code and we removed the md5() http://php.net/manual/en/function.md5.php function to encrypt passwords for debugging purposes. We will set up a git repository in a couple of days and give access to Level 3 investors with the newer version.
We always pay bounties for people finding bugs in our code, so we are open to this kind of findings.

Well then I deserve a bounty for that. I want it in BTC please. How much is my reward?

BTW: md5() is not a way to encrypt passwords, and if you only do md5() you will still be vulnerable because a rainbow table attack is possible. Md5-ing passwords is not sufficient.

Thanks, for the suggestion we will work on other way to encrypt the passwords to an stronger option, before the exchange is launched in release version.

Please send your Lithium address if you want a bounty for this.

Kind regards

md5() is not an encryption method, it is a hashing method with a pretty low entropy.

BTW I advise you to take my personal message seriously.
Triswardhani (OP)
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January 20, 2017, 08:41:50 AM
 #1283

In hindsight there are many red flags. Tbh I invested some BTC in this project, but if I look back that was a stupid decision.

  • Code is not published/auditable
  • Only level 3 investors get the exchange code
  • Virtually no information about the people behind the coin
  • Ridiculous claims about 10000% profits are not unlikely. That alone of course is a big red flag.
Then a warning for everyone who created an account for the BETA version of the exchange: I have seen the exchange source code (which is crappy as hell), and your passwords are stored in plain text and can be read by the dev. If you used a password that you also use for other accounts, make sure you change the password at the other accounts (better is not to re-use passwords).

Of course, the same goes for your passwords at other parts of the site: the wallet, the ICO part, etc. You cannot be sure your information is safe.


We are sorry about that, that's an early version of the code and we removed the md5() http://php.net/manual/en/function.md5.php function to encrypt passwords for debugging purposes. We will set up a git repository in a couple of days and give access to Level 3 investors with the newer version.
We always pay bounties for people finding bugs in our code, so we are open to this kind of findings.

Well then I deserve a bounty for that. I want it in BTC please. How much is my reward?

BTW: md5() is not a way to encrypt passwords, and if you only do md5() you will still be vulnerable because a rainbow table attack is possible. Md5-ing passwords is not sufficient.

Thanks, for the suggestion we will work on other way to encrypt the passwords to an stronger option, before the exchange is launched in release version.

Please send your Lithium address if you want a bounty for this.

Kind regards

md5() is not an encryption method, it is a hashing method with a pretty low entropy.

BTW I advise you to take my personal message seriously.

We will add another function.

I have already replied to you
cyberspacemonkey
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January 20, 2017, 09:10:23 AM
 #1284

PolyPanto
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January 20, 2017, 09:38:19 AM
 #1285



Nice picture  Grin

I don't understand why people are complaining, I'm happy with everything, via free distribution, which is by the way very stable and I get my payment every day! For now I had 25 transactions.
DaMart
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January 20, 2017, 09:53:44 AM
 #1286

FREE DISTRIBUTION REPORT:

TODAY'S PAYMENT HAS BEEN SENT.

I still haven't received any free coins, after I registered last monday/tuesday...

Trading on: Binance | Bittrex | Yobit
Chikito
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January 20, 2017, 10:06:12 AM
 #1287

legit coin , I hope this coin can change dogecoin in yobit And micro trade

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fortunecrypto
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January 20, 2017, 10:17:28 AM
 #1288

FREE DISTRIBUTION REPORT:

TODAY'S PAYMENT HAS BEEN SENT.

I still haven't received any free coins, after I registered last monday/tuesday...

Things are getting unclear here,your free coins could be worth nothing,let us read first everything on what is happening on this coin before we ask for free coins,let the dev answers all the issues so he can clear all the allegations thrown on him.

Triswardhani (OP)
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January 20, 2017, 11:06:59 AM
 #1289

FREE DISTRIBUTION REPORT:

TODAY'S PAYMENT HAS BEEN SENT.

I still haven't received any free coins, after I registered last monday/tuesday...

Things are getting unclear here,your free coins could be worth nothing,let us read first everything on what is happening on this coin before we ask for free coins,let the dev answers all the issues so he can clear all the allegations thrown on him.

I am here to answer any questions Smiley
szachta
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January 20, 2017, 11:12:53 AM
 #1290

Register in website,register in web wallet ,adress from web wallet put in website,and that is it.
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January 20, 2017, 11:23:25 AM
 #1291

Interesting... Will try to invest few funds in ICO from CJ project... Will be PM'ing OP
Triswardhani (OP)
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January 20, 2017, 11:24:18 AM
 #1292

IMPORTANT ANN: THE SOURCE CODE FOR THE LITHIUM PROJECT WILL BE RELEASED NEXT MONDAY (JAN 23).
ALSO, AN ALPHA VERSION OF THE WINDOWS GUI WALLET SHOULD BE READY IN LESS THAN A WEEK.




Why not release the source immediately then? The ICO is basically at a standstill already because of the allegations, my guess is there won't be any buyers until Monday anyway.

I have addressed this issue before. We are cleaning up the code and making sure everything is presentable. As you can see we already have people complaining about the Exchange's code, so we want to make sure we don't get trolls when we release Lithium's source code.

I think we are offering a very low risk investment. We are giving away the Exchange's code as a bonus and that alone is worth atleast a couple of bitcoins. I you don't feel ok investing until Monday, I respect that and feel free to participate in the Free Distribution.
Triswardhani (OP)
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January 20, 2017, 11:26:11 AM
 #1293

Interesting... Will try to invest few funds in ICO from CJ project... Will be PM'ing OP

Thanks for the interest. You receive a download url for the Exchange's source code after any investment above 0.5 btc.
Zeta0S
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January 20, 2017, 01:19:17 PM
 #1294

Users report that there bittrex accounts where compromised using the same inlog as there Lithium accounts.

This whole Lithium project seems to be a scam!

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
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mvl
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January 20, 2017, 01:22:05 PM
 #1295

Interesting... Will try to invest few funds in ICO from CJ project... Will be PM'ing OP

Thanks for the interest. You receive a download url for the Exchange's source code after any investment above 0.5 btc.
Wait what? So first investors needed to give you 1BTC for the source code, and now it is down to 0.5 BTC? So you are screwing first investors?

BTW, still waiting for your reply
kamiyama
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January 20, 2017, 01:30:15 PM
 #1296

Users report that there bittrex accounts where compromised using the same inlog as there Lithium accounts.

This whole Lithium project seems to be a scam!


Where did you get that information?
robelneo
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January 20, 2017, 01:59:34 PM
 #1297

Users report that there bittrex accounts where compromised using the same inlog as there Lithium accounts.

This whole Lithium project seems to be a scam!


Where did you get that information?

Everyday there's a new issue coming up,ico is almost finish but all the allegations are piling up,but I hope this project still continue although I have some doubts now,because of the evidences that are coming in.


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DISPERADO
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January 20, 2017, 02:15:41 PM
 #1298

Quote
Invest 0.5 BTC or more in Lithium's ICO and you will receive the source code for the Lithium Exchange, updates, and an installation guide!
Go to http://thelithiumproject.org/ico to invest and you will receive Lithium and the source code.
The source code alone is worth more than 0.5 so it's a low risk investment.
Remember you can invest any amount, but you get special bonuses if you invest more than 0.1 BTC or more than 1 BTC. Visit the ANN thread for more information.
I can't understand one thing if everything goes so well , then why to offer a code of the exchange to anyone, even as a bonus for investment. It can play a bad joke later.

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January 20, 2017, 02:29:11 PM
 #1299

Users report that there bittrex accounts where compromised using the same inlog as there Lithium accounts.

This whole Lithium project seems to be a scam!


Where did you get that information?

Everyday there's a new issue coming up,ico is almost finish but all the allegations are piling up,but I hope this project still continue although I have some doubts now,because of the evidences that are coming in.

Yes, why any issues always come to this project almost everyday? I still looking on this thread but now i also doubt to invest.

I hope dev will answer every questions and solve all issues as soon as possible.  all about money is very sensitive, so better more transparant to make all investors trust with this project.

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January 20, 2017, 02:34:18 PM
 #1300

Users report that there bittrex accounts where compromised using the same inlog as there Lithium accounts.

This whole Lithium project seems to be a scam!



My bittrex account was compromised too from a different ip addreses few days ago and luckily I don't have funds there.
So compare these IPs with yours

Code:
IP Address: 107.183.242.77
User Agent: Mozilla/5.0 (Windows NT 6.3; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/55.0.2883.87 Safari/537.36

IP Address: 89.238.166.140
User Agent: Mozilla/5.0 (Windows NT 6.3; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/55.0.2883.87 Safari/537.36
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