[ANN] Signatum - New Algorithm - Fair Launch - No Premine

[Stopscampls]

Perhaps the blockchain of sigt is having problems. I tried sending 0.002 sigt from local PC wallet. In the wallet, subtract the money from the success message. But 30 minutes later, there was no information from http://explorer.signatum.download/.
Perhaps the real problem arises when so many transactions are being created to withdraw money from the cryptopia.
People calm down patience watch. And DEV should probably review this issue

Now i try all on sigt sending form coinsmarkets,nova and yobit sigt to wallet and back all works fine and fast like everytime...install new sigt walet on second pc sinc woks fine sending works fine don't now what problems people are have but i'm sure 99% of problems are not sigt  

[1714692286]

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[1714692286]

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[oisilener1982]

My 7 SIGT is in danger @ Cryptopia

I will try to transfer it to Yobit for now

[thienthanb]

Perhaps the blockchain of sigt is having problems. I tried sending 0.002 sigt from local PC wallet. In the wallet, subtract the money from the success message. But 30 minutes later, there was no information from http://explorer.signatum.download/.
Perhaps the real problem arises when so many transactions are being created to withdraw money from the cryptopia.
People calm down patience watch. And DEV should probably review this issue

Now i try all on sigt sending form coinsmarkets,nova and yobit sigt to wallet and back all works fine and fast like everytime...install new sigt walet on second pc sinc woks fine sending works fine don't now what problems people are have but i'm sure 99% of problems are not sigt  

https://i.imgur.com/Gcm9JvS.png
And I checked the wallet on the web, no transaction occurred. Money really was deducted on my local PC wallet
http://explorer.signatum.download/address/BRRY57769CMpRdSFiPSihMwFY3osC6qUCg
What the hell is going on?

[cornroll]

In New Zealand, a group can bring litigation by way of representative action under the High Court Rules. High Court Rule 4.24 provides that one or more persons may sue on behalf of, or for the benefit of, all persons “with the same interest in the subject matter of a proceeding” either with the consent of the represented parties or with court approval. The courts have permitted plaintiffs to use this mechanism to commence class actions.

The New Zealand courts have shown themselves to be open to class actions, facilitating them as far as possible. There is a relatively low threshold for obtaining a representative order under High Court Rule 4.24, and the courts are prepared to determine common issues using this procedure, leaving individual issues such as causation, reliance and loss to be dealt with at a later stage.

In New Zealand - Respondents can ask for a lien to be placed on the plaintiffs assets to cover costs in case the plaintiffs action fails. Plaintiffs in a class action are jointly and severally liable for costs if the action fails.


 

Do cryptocurrencies even constitute "assets" for the purposes of applying to the court for a lien? Lmao. It seems some people became a lawyer overnight.

[Diamond7]

I really don't know what to do right now.Look like I lost 22000 Sigt.It didn't show up on YoBit yet and on Cryptopia ziro balance

[xtraelv]

Do cryptocurrencies even constitute "assets" for the purposes of applying to the court for a lien? Lmao. It seems some people became a lawyer overnight.

In other words - you would have to put cash in a trust account so you can prove that you can pay if you don't succeed.

[oisilener1982]

I really don't know what to do right now.Look like I lost 22000 Sigt.It didn't show up on YoBit yet and on Cryptopia ziro balance

Same Here. I might have lost all my remaining 7 SIGT. I withdraw from Cryptopia to Yobit. It is empty now @ Cryptopia but there is nothing @ Yobit

[fergany]

i had the transaction id but explorer said nothing related to the id

[altfinance]

https://signatum.io/  website is up. I just accessed it.

[coreshift]

The SIGT wallet is now available for withdrawals. Any pending deposits will be processed as soon as we can, you will need to withdraw these again ASAP once they are processed. The markets will remain closed and SIGT is still going to be delisted.

SIGT is based on a 6 year old code base and does not cope with the volume of transactions and addresses generated by it's community. It doesn't have an active developer and a resolution to this problem is unlikely.

Please check our News page for a more in depth statement: https://www.cryptopia.co.nz/News

We apologize for the delay in getting SIGT back up however we were dealing with issues out of our control. Good luck with your future trades!

Please be patient while we finish working on the wallet and try not to log anymore tickets, we love talking with you guys but it does make it more difficult to get your issues resolved when we are flooded with tickets ;-)

Thanks. Good news for me, then. They just haven't processed the deposits I made after they locked the wallets.

[thienthanb]

Delist Notice: Signatum
As the vast majority of Signatum customers will be aware, there have been recent issues with this coin, which has led to us putting it in the delisting queue. Signatum is currently scheduled to be delisted on 20 Oct 2017. Read on for the reasons why this has been deemed our best course of action at this time.

The combination of us having 18,000 addresses and users mining directly to our addresses caused there to be over a million small inputs. This caused the wallet to irreparably break while syncing. We attempted to resolve this many times, using different distros and hardware configurations, however this did not work. If we synced the blockchain first, then imported the keys, it would start importing 5-10 keys / second, however this rate drops to about 1 key every 3-4 seconds after ~15k. After a week of importing keys on several instances the wallets corrupted and crashed every time. We also tried importing the keys first then syncing the blockchain, in this case it synced back to around 19th August and then also crashed and corrupted.

We have determined this to be likely due to the leveldb library used within the coin which is extremely out of date. It is the same library used in many other coins, however most use a much more up to date version.
This is why the Signatum wallet had been in maintenance for around the last month, while we have been constantly attempting to work with it. During this time, we had a Signatum team member visit our office in person and found no issues with our implementation of Signatum, and observe the sync issues. We have also been in constant communication with a Signatum team member informing of what was happening throughout and were told by him that he was informing the rest of their team.

To finally resolve this, we have managed to set up 8 separate wallets and imported 1/8 of the overall keys into each of these. We then had to move transactions around to consolidate the tiny inputs. This is a terribly painful process and not scalable.

FYI we are currently having to move coins from the 8 wallets to 1 consolidated wallet to process withdrawals. Once this process is complete, we will then scan the 8 wallets for any missing deposits, so anyone that has made deposits while it has been in maintenance will have to wait until this before their deposits show up so they can withdraw again.(edited)
The reason we are now closing the markets is that the Signatum community and now the core Signatum team have blamed us for this issue and are threatening us with litigation, when the issue is purely with the Signatum wallet and out of date codebase. The dev does not seem able or willing to fix the issues with their code. We have put in a very significant amount of time trying to get this up and running so our users can use their coins. However, it is not our responsibility to work with the Signatum codebase (or any other coin) to fix their problems any further, we've already gone well beyond what we should be doing to resolve this.

Some users have been comparing us to other exchanges and asking why they don't have a similar problem. We have a significantly higher number of transactions than the other exchanges that currently list this coin. They will run into similar issues when they reach a more significant level of transactions. The problem with Signatum codebase is provable and replicable. They need to fix this or this will happen again wherever Signatum ends up.

Signatum now appears to also be threatening Cryptopia with legal action (via twitter) and accusing Cryptopia of not knowing how to use wallets. We run and maintain literally many hundreds of wallets. Signatum built just 1 wallet by copying very old code from elsewhere and don't seem able or willing to update it to something that actually works at scale. Draw your own conclusions, and if you back Signatum after all this good luck to you.

Published by: Hex @ 9/19/2017 2:49:29 AM

https://www.cryptopia.co.nz/News

[dieselfrank]

withdraw from cryptopia 300 for test.  says completed in history right away, but no sign of it.  I assume this is because the log jam is internal to cryptopia, within the wallet, or address they consolidated to.

my mining payouts have come in exactly as usual, to the same address I am attempting to withdraw to, within seconds of showing as sent from snova.  there is absolutely no evidence, in my experience, of any issues with the network at large.

has anyone successfully completed a withdrawl from cryptopia to either yobit or gui wallet?

I agree. All these idiots piling up trying to blame the devs, or the blockchain. Yet those of us using this blockchain multiple times per day know that our transactions are processed on the blockchain and completed within a few seconds. Longest I've seen is about 10 seconds.

The blockchain isn't the problem. plenty of hashpower. The problem is with the incompetent fools at craptopia.

[Diamond7]

Hi,

The SIGT wallet is now available for withdrawals. Any pending deposits will be processed as soon as we can, you will need to withdraw these again ASAP once they are processed. The markets will remain closed and SIGT is still going to be delisted.

SIGT is based on a 6 year old code base and does not cope with the volume of transactions and addresses generated by it's community. It doesn't have an active developer and a resolution to this problem is unlikely.

Please check our News page for a more in depth statement: https://www.cryptopia.co.nz/News

We apologize for the delay in getting SIGT back up however we were dealing with issues out of our control. Good luck with your future trades!

Please be patient while we finish working on the wallet and try not to log anymore tickets, we love talking with you guys but it does make it more difficult to get your issues resolved when we are flooded with tickets ;-)

Thanks,
Jerry
Cryptopia Support

[thienthanb]

withdraw from cryptopia 300 for test.  says completed in history right away, but no sign of it.  I assume this is because the log jam is internal to cryptopia, within the wallet, or address they consolidated to.

my mining payouts have come in exactly as usual, to the same address I am attempting to withdraw to, within seconds of showing as sent from snova.  there is absolutely no evidence, in my experience, of any issues with the network at large.

has anyone successfully completed a withdrawl from cryptopia to either yobit or gui wallet?

I agree. All these idiots piling up trying to blame the devs, or the blockchain. Yet those of us using this blockchain multiple times per day know that our transactions are processed on the blockchain and completed within a few seconds. Longest I've seen is about 10 seconds.

The blockchain isn't the problem. plenty of hashpower. The problem is with the incompetent fools at craptopia.

I just tried to withdraw money from snova about success. But the 0.02 sigt deposit is still not found on the blockchain. do not understand what is going on For local PC, the message is still successful but the blockchain lookup does not have that.
https://i.imgur.com/yLwYNAN.png

It seems that http://explorer.signatum.download has stopped working

[lupanar]

Wallet has active connections but dont want to synching still, any advice?

[coreshift]

Delist Notice: Signatum
As the vast majority of Signatum customers will be aware, there have been recent issues with this coin, which has led to us putting it in the delisting queue. Signatum is currently scheduled to be delisted on 20 Oct 2017. Read on for the reasons why this has been deemed our best course of action at this time.

The combination of us having 18,000 addresses and users mining directly to our addresses caused there to be over a million small inputs. This caused the wallet to irreparably break while syncing. We attempted to resolve this many times, using different distros and hardware configurations, however this did not work. If we synced the blockchain first, then imported the keys, it would start importing 5-10 keys / second, however this rate drops to about 1 key every 3-4 seconds after ~15k. After a week of importing keys on several instances the wallets corrupted and crashed every time. We also tried importing the keys first then syncing the blockchain, in this case it synced back to around 19th August and then also crashed and corrupted.

We have determined this to be likely due to the leveldb library used within the coin which is extremely out of date. It is the same library used in many other coins, however most use a much more up to date version.
This is why the Signatum wallet had been in maintenance for around the last month, while we have been constantly attempting to work with it. During this time, we had a Signatum team member visit our office in person and found no issues with our implementation of Signatum, and observe the sync issues. We have also been in constant communication with a Signatum team member informing of what was happening throughout and were told by him that he was informing the rest of their team.

To finally resolve this, we have managed to set up 8 separate wallets and imported 1/8 of the overall keys into each of these. We then had to move transactions around to consolidate the tiny inputs. This is a terribly painful process and not scalable.

FYI we are currently having to move coins from the 8 wallets to 1 consolidated wallet to process withdrawals. Once this process is complete, we will then scan the 8 wallets for any missing deposits, so anyone that has made deposits while it has been in maintenance will have to wait until this before their deposits show up so they can withdraw again.(edited)
The reason we are now closing the markets is that the Signatum community and now the core Signatum team have blamed us for this issue and are threatening us with litigation, when the issue is purely with the Signatum wallet and out of date codebase. The dev does not seem able or willing to fix the issues with their code. We have put in a very significant amount of time trying to get this up and running so our users can use their coins. However, it is not our responsibility to work with the Signatum codebase (or any other coin) to fix their problems any further, we've already gone well beyond what we should be doing to resolve this.

Some users have been comparing us to other exchanges and asking why they don't have a similar problem. We have a significantly higher number of transactions than the other exchanges that currently list this coin. They will run into similar issues when they reach a more significant level of transactions. The problem with Signatum codebase is provable and replicable. They need to fix this or this will happen again wherever Signatum ends up.

Signatum now appears to also be threatening Cryptopia with legal action (via twitter) and accusing Cryptopia of not knowing how to use wallets. We run and maintain literally many hundreds of wallets. Signatum built just 1 wallet by copying very old code from elsewhere and don't seem able or willing to update it to something that actually works at scale. Draw your own conclusions, and if you back Signatum after all this good luck to you.

Published by: Hex @ 9/19/2017 2:49:29 AM

https://www.cryptopia.co.nz/News

Regardless of where the fault lies, a major exchange has now put this out there about SIGT. The SIGT team is going to have to fix the problems described should they exist, or make some other changes if they don't. Whatever is done needs to be sold to people as a faster & more efficient SIGT. They have to do something and make it very public they did something in order to rebuild confidence and move beyond this.

[oisilener1982]

Almost 2 hours and my poor 7 SIGT did not arrive to Yobit from cryptopia.

Be cafeful when Withdrawing SIGT from Cryptopia to other exchanges

I think I lost all my 7 coins

[dieselfrank]

glad to hear wallets are being re-enabled....I'm still waiting......think I'll wait a couple days until the rush has slowed. Wouldnt want to overload cryptopia servers....

[Nemo1985]

Why can't I withdraw from cryptopia?
People says wallets are re-enabled but it is in maintenance.

[oisilener1982]

Why can't I withdraw from cryptopia?
People says wallets are re-enabled but it is in maintenance.

I was able to withdraw just earlier and it is already 0 SIGT but it did not arrive @ YOBIT

826059    SIGT   7.91467030   0.01000000   Complete   
9f478c6e1f2aaacf6e827d4e99954f6082ce34c95a540c9b53e880a18e223bb6
BSfP3mGn1jGWpm82DTK7bhoP4o59phWX5j
19/09/2017 10:57:00 AM