Davids123
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June 29, 2017, 06:02:37 AM |
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https://www.cryptopia.co.nz/NewsDotcoin(DOT) Coin Swap Recently there has been a large uptick in coins being affected by 51% attacks, and unfortunately DOT joined this list earlier in the week. We managed to identify and respond to the attack sooner rather than later though the attacker did manage to make an impact on the market. This is the reason DOT has been in maintenance while we tried to determine the best response to the issue. Due to the amount of hash that can readily and easily be thrown around at small networks these days we had to ask ourselves if it still makes sense for DOT to run on its own network as it is clear to us that we cannot afford secure the network ourselves, and that the demand for DOT is not sufficient enough to attract the amount of distributed computing power required to sufficiently secure the network either. We've decided to perform a swap of the DOT blockchain to a WAVES asset, the use case of DOT is not based around mining or proof of work so we don't think anything is lost in moving DOT to a token platform. A final block height will be defined to allow for a swap period of approximately 90 days before the cut off of new blocks being included in the swap. The new token will be created and swapped 1:1 with the old chain with the new asset matching the coin count of the old chain up to the cutoff block height. Cryptopia will also keep a copy of the old blockchain so that old coins prior to the cutoff block height can continue to be swapped. Cryptopia will allow for a full year before the swap process is closed and swaps of coins on the old chain will no longer be accepted. Cutoff Block: 1,200,000 Total DOT at block 1,200,000: 522,500,000 DOT New DOT Asset Total: 522,500,000 DOT If you already have your DOT on Cryptopia then there's nothing further you need to do everything will be swapped automatically, this included all DOT currently in Term Deposits that will remain uninterrupted. If you do not currently have your DOT on Cryptopia and want the swap to happen automatically then you must deposit your DOT to Cryptopia before block 1,200,000. If you fail to swap your DOT before block 1,200,000 you will have to raise a support ticket to get your swap sorted. Cryptopia has covered the DOT that was lost in the 51% attack from their own DOT reserves, so all users will remain completely unaffected by the attack. The final date for swapping your DOT will be 2018-07-01. Published by: Hex @ 6/29/2017 3:38:11 AM Thank you for sharing this info
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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tacaro
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June 29, 2017, 04:14:14 PM |
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And what about DOT from Novaexchange ? Can i sent coins from Nova to Cryptopia ?
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Davids123
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June 29, 2017, 07:38:26 PM |
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And what about DOT from Novaexchange ? Can i sent coins from Nova to Cryptopia ?
Not for the moment , Dot wallet at cryptopia is in maintenance
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shotgun1969
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June 30, 2017, 12:52:36 AM |
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https://www.cryptopia.co.nz/NewsDotcoin(DOT) Coin Swap Recently there has been a large uptick in coins being affected by 51% attacks, and unfortunately DOT joined this list earlier in the week. We managed to identify and respond to the attack sooner rather than later though the attacker did manage to make an impact on the market. This is the reason DOT has been in maintenance while we tried to determine the best response to the issue. Due to the amount of hash that can readily and easily be thrown around at small networks these days we had to ask ourselves if it still makes sense for DOT to run on its own network as it is clear to us that we cannot afford secure the network ourselves, and that the demand for DOT is not sufficient enough to attract the amount of distributed computing power required to sufficiently secure the network either. We've decided to perform a swap of the DOT blockchain to a WAVES asset, the use case of DOT is not based around mining or proof of work so we don't think anything is lost in moving DOT to a token platform. A final block height will be defined to allow for a swap period of approximately 90 days before the cut off of new blocks being included in the swap. The new token will be created and swapped 1:1 with the old chain with the new asset matching the coin count of the old chain up to the cutoff block height. Cryptopia will also keep a copy of the old blockchain so that old coins prior to the cutoff block height can continue to be swapped. Cryptopia will allow for a full year before the swap process is closed and swaps of coins on the old chain will no longer be accepted. Cutoff Block: 1,200,000 Total DOT at block 1,200,000: 522,500,000 DOT New DOT Asset Total: 522,500,000 DOT If you already have your DOT on Cryptopia then there's nothing further you need to do everything will be swapped automatically, this included all DOT currently in Term Deposits that will remain uninterrupted. If you do not currently have your DOT on Cryptopia and want the swap to happen automatically then you must deposit your DOT to Cryptopia before block 1,200,000. If you fail to swap your DOT before block 1,200,000 you will have to raise a support ticket to get your swap sorted. Cryptopia has covered the DOT that was lost in the 51% attack from their own DOT reserves, so all users will remain completely unaffected by the attack. The final date for swapping your DOT will be 2018-07-01. Published by: Hex @ 6/29/2017 3:38:11 AM so after a year can we expect to see any leftover coins burned because no one traded them for the new waves token?
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motorhead89
Sr. Member
Offline
Activity: 464
Merit: 250
Wasssssup!
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June 30, 2017, 04:27:13 AM Last edit: June 30, 2017, 04:40:54 AM by motorhead89 |
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I had my account hacked due to a weak password I was told. It has be re-secured and a stronger password implemented. Hacker was posting malware links using my account. Always use a very strong password.
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leps
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July 01, 2017, 04:12:44 PM |
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Is the supply of DOT going to be reduced?
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whalebone
Full Member
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Activity: 388
Merit: 101
Bountying for a $100T crypto economy
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July 04, 2017, 07:19:58 PM |
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Is the supply of DOT going to be reduced?
Yes, to 522,500,000 the total DOT at block 1.2M
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psycodad
Legendary
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Activity: 1604
Merit: 1564
精神分析的爸
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July 05, 2017, 06:53:52 AM |
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DOT Holders be aware that Cryptopia has set the confirmations on deposit for DOT to 5000 (!). Deposit early enough, it takes several days to get it confirmed on your balance.
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thesmokingman
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July 05, 2017, 01:45:29 PM |
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Just came here to see what's going on with DOT lately as I mined roughly 14k of it back in 2015 and saw its value climbing. Excited to see what the move to the Waves platform has in store for DOTcoins value. Coins are already on Crytopia, so looks like I'm ready to go 😎
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whalebone
Full Member
Offline
Activity: 388
Merit: 101
Bountying for a $100T crypto economy
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July 05, 2017, 08:34:35 PM |
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DOT Holders be aware that Cryptopia has set the confirmations on deposit for DOT to 5000 (!). Deposit early enough, it takes several days to get it confirmed on your balance.
Holding till my DOT bag will free tilikum.
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jezus
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July 05, 2017, 08:38:51 PM |
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My wallet is online i can deposit dot.
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Fivestar4everMVP
Legendary
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Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
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July 06, 2017, 01:00:14 PM |
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Please we need dot coin on coinomi mobile wallet.. Thanks
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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notdrdre
Newbie
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Activity: 4
Merit: 0
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July 08, 2017, 12:01:25 AM |
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Does this mean a new WAVES coin will be created? or that the DOTcoin will be swapped for the current WAVES coin?
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DataAnalyst
Jr. Member
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Activity: 117
Merit: 2
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July 08, 2017, 01:35:14 PM |
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Dotcoin is one of the rare coins out there that has actual usage but only 2.5M market cap right now. Heavily undervalued.
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digit
Legendary
Offline
Activity: 1672
Merit: 1010
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July 08, 2017, 07:31:42 PM |
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Does this mean a new WAVES coin will be created? or that the DOTcoin will be swapped for the current WAVES coin?
They explained it clearly in their news about this: We've decided to perform a swap of the DOT blockchain to a WAVES asset, the use case of DOT is not based around mining or proof of work so we don't think anything is lost in moving DOT to a token platform. A final block height will be defined to allow for a swap period of approximately 90 days before the cut off of new blocks being included in the swap. The new token will be created and swapped 1:1 with the old chain with the new asset matching the coin count of the old chain up to the cutoff block height.
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ashiba
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July 08, 2017, 07:52:04 PM |
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DOT Holders be aware that Cryptopia has set the confirmations on deposit for DOT to 5000 (!). Deposit early enough, it takes several days to get it confirmed on your balance.
Holding till my DOT bag will free tilikum. Some cloud mining operation keeps trying to 51% DOT, so it's getting swapped out for a WAVES asset . Good to see Cryptopia devs coming around to proof of stake.
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Zer0Sum
Legendary
Offline
Activity: 1588
Merit: 1000
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July 08, 2017, 08:13:00 PM |
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DOT Holders be aware that Cryptopia has set the confirmations on deposit for DOT to 5000 (!). Deposit early enough, it takes several days to get it confirmed on your balance.
Holding till my DOT bag will free tilikum. Some cloud mining operation keeps trying to 51% DOT, so it's getting swapped out for a WAVES asset . Good to see Cryptopia devs coming around to proof of stake. Now that Cryptopia is trading ETH... They need to list every single ERC20 token out there... And rip that HUGE market away from the comically awful Liqui.
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smarterhash
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July 17, 2017, 01:07:47 AM |
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so cryptopia is making us wait 5,000 confirmations to deposit DOT. However I deposited coins 5 days ago and they only had a few hundred more confirmations and low and behold - Cryptopia rolled then back to zero confirmations. so it appears an though I have to wait another 5 days ad the price of BTC plummets.
sucks
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Easteregg69
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July 17, 2017, 01:21:31 AM |
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so cryptopia is making us wait 5,000 confirmations to deposit DOT. However I deposited coins 5 days ago and they only had a few hundred more confirmations and low and behold - Cryptopia rolled then back to zero confirmations. so it appears an though I have to wait another 5 days ad the price of BTC plummets.
sucks
They are harassing the customers. I just bought a lot (A LOT!) of dotcoins when Cryptopia declared it under 51% attack. And as expected. Price went down on my investment. This exchange should have some kind of regulation. I don't trust them with the treatment i'm given there. Thomas.
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Throw some "shit" and see what sticks.
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kurbeks
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July 24, 2017, 05:24:10 PM |
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Wallet finally fixed
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