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Author Topic: Mt. Gox Update  (Read 1274 times)
datguywhowanders
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June 22, 2011, 03:46:55 AM
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[Update - 03:36 GMT] Update on claimed accounts
We're happy to report that over 10% of our user base have already reclaimed their accounts. Newly reclaimed accounts require strong passwords which are secured with SHA-512 multi-iteration triple salted hashing

For the time being, deposits that were send to Mt.Gox accounts that were not in accounts before we took things offline will be in a "pending" status. Once we have the new backend in place, we will start processing these pending deposits and withdraws. Also, shortly after the backend is up and running we will allow customers with newly reclaimed accounts to login to Mt.Gox, and use the site as per usual, with the exception that active trading will be disabled. Users may place orders to buy or sell, but they will be queued until we enable trading, which will most likely be a couple of hours after users are able to login to Mt.Gox.

 

Thanks again for your continued patience and understanding while we work to get Mt.Gox back online.

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memvola
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June 22, 2011, 03:55:29 AM
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I like how they are handling this. Being able to use the site before trading starts will reduce confusion on both sides. I wish they had switched to the new system a few weeks earlier. Smiley
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June 22, 2011, 04:02:17 AM
 #3

Quote
secured with SHA-512 multi-iteration triple salted hashing



while this is impressive...


DON'T

GIVE

THEM

ACCESS

TO

THE SALTS


Thank you and have a nice day.  Smiley
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June 22, 2011, 04:06:47 AM
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I wish they had switched to the new system a few weeks earlier. Smiley

Yea in a way the 'hack' was a good thing. Its forced a lot of changes. I also suspect we will be looking at a completely new site once it comes back up, not just the same old site with a few backend and frontend changes..

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datguywhowanders
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June 22, 2011, 04:12:56 AM
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While I think that I support Mt. Gox at this time, pending any major disclosures of facts, a totally new site may NOT be a good thing. I know these guys are working their asses off right now, but it's not easy to test something that comprehensive in a few days time.

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June 22, 2011, 04:15:28 AM
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While I think that I support Mt. Gox at this time, pending any major disclosures of facts, a totally new site may NOT be a good thing. I know these guys are working their asses off right now, but it's not easy to test something that comprehensive in a few days time.
Sometimes with code, the simpler it is, the better . I highly doubt they are overhauling their ENTIRE system, but a new look is normal for company's who through periods of bad P.R .This hacking will only make this community stronger, and maybe people will finally realize that this currency is here to stay.

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June 22, 2011, 04:17:14 AM
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While I think that I support Mt. Gox at this time, pending any major disclosures of facts, a totally new site may NOT be a good thing. I know these guys are working their asses off right now, but it's not easy to test something that comprehensive in a few days time.
Sometimes with code, the simpler it is, the better . I highly doubt they are overhauling their ENTIRE system, but a new look is normal for company's who through periods of bad P.R .This hacking will only make this community stronger, and maybe people will finally realize that this currency is here to stay.
Finally! Thank you for believing In actual BTCs. So what Mt.gox got stupid, It doesn't change the BTC world.

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June 22, 2011, 04:24:32 AM
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anyone going to place a mass order @ 0.01 before trade is enabled?
i'm not going to be too greedy this time and place my orders at 0.02.  Cool

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