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Author Topic: !!!! 51% attacked in SOUTHXCHANGE !!!! DO YOU KNOW 51 % ATTACK >????  (Read 209 times)
acoin2000
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October 07, 2019, 07:14:16 PM
 #21

51% attack, can happens for any coin, that is way you should choose a coin with high volume and high hashrate.
Judge-Dredd
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October 07, 2019, 07:19:14 PM
 #22

LAST NIGHT IN SOUTHXCHANGE WE HAVE UNDER 51 %ATTACK AND 48000 COIN SOLD BUT ; People bought the coin do not existed.
do you see that before >??

CCA is offline in that exchange for now...

but we don't understand what happening in 2 hours


Are they selling IOUs essentially? Why are you blaming the exchange right away if they may have fallen victim to a fork of your chain?

Did they disable the wallet?

Honestly any 51% attack is on YOU and YOUR NETWORK. Exchanges have no liability when it comes to policing your coin and preventing attacks. They do however have a responsibility to close the markets if there's trouble with your network.

 
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Lizzylove1
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October 07, 2019, 07:45:57 PM
 #23

We have many suspicious and unserious exchanges that we shouldn't entrust with our valuable asset. I have never traded here before and I don't which to trade to trade there.

counos coin (OP)
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October 08, 2019, 08:06:55 AM
 #24

51% attack, can happens for any coin, that is way you should choose a coin with high volume and high hashrate.

There is no high - hashrate project that exist in the beginning.
Hard days for every project
There will be no power without testing
counos coin (OP)
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October 08, 2019, 08:11:33 AM
 #25

LAST NIGHT IN SOUTHXCHANGE WE HAVE UNDER 51 %ATTACK AND 48000 COIN SOLD BUT ; People bought the coin do not existed.
do you see that before >??

CCA is offline in that exchange for now...

but we don't understand what happening in 2 hours


Are they selling IOUs essentially? Why are you blaming the exchange right away if they may have fallen victim to a fork of your chain?

Did they disable the wallet?

Honestly any 51% attack is on YOU and YOUR NETWORK. Exchanges have no liability when it comes to policing your coin and preventing attacks. They do however have a responsibility to close the markets if there's trouble with your network.

why they didn't in idax??
they know that if they do that in idax, they will be offline
because idax monitoring his exchange and they don't let to do that
this is on us but southxchange might have stop it.
counos coin (OP)
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October 08, 2019, 08:15:32 AM
 #26

We have many suspicious and unserious exchanges that we shouldn't entrust with our valuable asset. I have never traded here before and I don't which to trade to trade there.

There are currently those who have lost their money .
It is not our duty to repay them .
But they trust in us , we 'll do it . we care about our family
Judge-Dredd
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October 08, 2019, 02:09:53 PM
 #27

LAST NIGHT IN SOUTHXCHANGE WE HAVE UNDER 51 %ATTACK AND 48000 COIN SOLD BUT ; People bought the coin do not existed.
do you see that before >??

CCA is offline in that exchange for now...

but we don't understand what happening in 2 hours


Are they selling IOUs essentially? Why are you blaming the exchange right away if they may have fallen victim to a fork of your chain?

Did they disable the wallet?

Honestly any 51% attack is on YOU and YOUR NETWORK. Exchanges have no liability when it comes to policing your coin and preventing attacks. They do however have a responsibility to close the markets if there's trouble with your network.

why they didn't in idax??
they know that if they do that in idax, they will be offline
because idax monitoring his exchange and they don't let to do that
this is on us but southxchange might have stop it.

The question is, did your network actually fork? Some exchanges react slower than others. There is no one size fits all for a response. Each exchange is located in a different geographical region, with different staff, varying technical backgrounds, etc. Note that some exchanges are total bullshit and shouldn't be trusted under any circumstances.

Disclaimer: I have no experience with southxchange and have never used their service.

It's unfortunate when a network suffers because of a slow response by an exchange but this comes with the territory. If you list on smaller less reliable exchanges there is a chance that eventually they will drop the ball and cause you some level of headache.

If you want to shell out the cash for the big boys like Bittrex and Binance you'll find more stability for your network but more stringent listing requirements.

 
                                . ██████████.
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                        -█████████████████████████████
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counos coin (OP)
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October 09, 2019, 08:05:52 AM
 #28

LAST NIGHT IN SOUTHXCHANGE WE HAVE UNDER 51 %ATTACK AND 48000 COIN SOLD BUT ; People bought the coin do not existed.
do you see that before >??

CCA is offline in that exchange for now...

but we don't understand what happening in 2 hours


Are they selling IOUs essentially? Why are you blaming the exchange right away if they may have fallen victim to a fork of your chain?

Did they disable the wallet?

Honestly any 51% attack is on YOU and YOUR NETWORK. Exchanges have no liability when it comes to policing your coin and preventing attacks. They do however have a responsibility to close the markets if there's trouble with your network.

why they didn't in idax??
they know that if they do that in idax, they will be offline
because idax monitoring his exchange and they don't let to do that
this is on us but southxchange might have stop it.

The question is, did your network actually fork? Some exchanges react slower than others. There is no one size fits all for a response. Each exchange is located in a different geographical region, with different staff, varying technical backgrounds, etc. Note that some exchanges are total bullshit and shouldn't be trusted under any circumstances.

Disclaimer: I have no experience with southxchange and have never used their service.

It's unfortunate when a network suffers because of a slow response by an exchange but this comes with the territory. If you list on smaller less reliable exchanges there is a chance that eventually they will drop the ball and cause you some level of headache.

If you want to shell out the cash for the big boys like Bittrex and Binance you'll find more stability for your network but more stringent listing requirements.

That 's exactly what you are saying .
In the past few days We have entered to several market exchange (IDAX.EXMARKETS.CRYPTORANK...)
But the southxchange had shown his weakness in the first day
Follow our news ......
Thank you for your opinion  Wink
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