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Question: When should the XLTH/BTC Exchange be released?
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Triswardhani
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January 20, 2017, 08:09:14 AM
 #1281

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.

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scambust
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January 20, 2017, 08:12:45 AM
 #1282


We are not associated in any way to http://bitsynq.com/

Our project is hosted in Namecheap servers so that's why the whois information shows Ross Technology


How about the BTC address? Also Nameserver?

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mvl
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January 20, 2017, 08:14:04 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.
Live.me
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January 20, 2017, 08:14:15 AM
 #1284

Nice Job JimmyRecard for the Awesome investigation Cool

Triswardhani
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January 20, 2017, 08:17:15 AM
 #1285

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

Triswardhani
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January 20, 2017, 08:18:17 AM
 #1286

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.




scambust
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January 20, 2017, 08:22:09 AM
 #1287


We are not associated in any way to http://bitsynq.com/

Our project is hosted in Namecheap servers so that's why the whois information shows Ross Technology


How about the BTC address? Also Nameserver?

Ignored, LOLZ! Continues to hype on gullible sheep.

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Henkkaa
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January 20, 2017, 08:35:41 AM
 #1288

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!
Triswardhani
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January 20, 2017, 08:39:21 AM
 #1289

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?

mvl
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January 20, 2017, 08:39:54 AM
 #1290

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
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January 20, 2017, 08:41:50 AM
 #1291

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

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January 20, 2017, 09:10:23 AM
 #1292



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PolyPanto
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January 20, 2017, 09:38:19 AM
 #1293



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.

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HAZZA
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▬▬▬   Mentioned in   ▬▬▬
[CNBC] [BLOOMBERG]

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DaMart
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January 20, 2017, 09:53:44 AM
 #1294

FREE DISTRIBUTION REPORT:

TODAY'S PAYMENT HAS BEEN SENT.

I still haven't received any free coins, after I registered last monday/tuesday...
DroomieChikito
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January 20, 2017, 10:06:12 AM
 #1295

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

fortunecrypto
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January 20, 2017, 10:17:28 AM
 #1296

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.



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.PRE-SALE▬.... Nov 29 2017
.TOKEN SALE. Dec 12 2017

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Triswardhani
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January 20, 2017, 11:06:59 AM
 #1297

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
 #1298

Register in website,register in web wallet ,adress from web wallet put in website,and that is it.
pokerowned
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Cryptojacks Coin :)


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January 20, 2017, 11:23:25 AM
 #1299

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

Triswardhani
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January 20, 2017, 11:24:18 AM
 #1300

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.

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