[ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info

[DanielVG]

Why is a newbie account with 2 posts posting this?

[1714855087]

1714855087

[1714855087]

1714855087

[1714855087]

1714855087

[1714855087]

1714855087

[Stratobitz]

ITS CALLED SPAM

[sebastiebass]

I don't understand how you can fork the coin when it's POS?

Probably because PoW is still active, isnt this the same issue as with Mintcoin?

I got trolled 

[Stratobitz]

AN IMPORTANT ANNOUNCEMENT FROM WHITECOIN

AUTHOR: Mogonzo

I stepped in as head of PR only a couple of days ago, and it's been a wild ride. Unfortunately it's about to get wilder for all of us.

After multiple reports of problems with WhiteCoin not staking several people began investigating this issue, among them two of the whitecoin pool operators. As the person responsible for communicating both chunkypools' and whitecoin's message, I've found myself in a pretty uncomfortable position.

I've submitted requests for clarifications to the devs on this issue, and have yet to receive a response.

What we've learned

The investigation into the staking issue is ongoing, however we have learned of a vulnerability in WhiteCoin's blockchain that will require emergency action by the community.

Chunkypools offers port to protect WhiteCoin against 51% attack: PORT 3377

If you want to protect your investment, rather than crashing the doors of mintpal I suggest you visit whitecoinpool.com, create a worker if you have not already, and point to port 3377.

It's my job to communicate for the people who contract my services. However, that contract exists with the public as well... and I must give it to you straight. Currently it would not take much hash to take over the blockchain and perform a hard fork.

One of the most important purposes in crypto is that if the devs get sick, hit by a bus, or abducted by a UFO...  the community will have an option to take over maintenance of a coin. WhiteCoin can easily recover from this problem if the community rallies to protect the blockchain with hash until an update can be performed.

ChunkyPools offers hard fork and the facilitation of an update if the community requests it

If the devs do not re-appear ChunkyPools and others have offered to facilitate the hard forking of whitecoin and the release of an updated fix. It would not take long. But it does require your support and consent.

I have a great deal of experience with online communities, and I'm here because I see the potential in this one. All we need to do is rally behind a port with our hash and make our voices heard.

The Whitecoin Community does have an option

There is enough community interest and exchange volume in this coin for us to turn this around immediately. I've been working tirelessly for weeks promoting this multipool and developing a re-branding that will blow away every single one of you. I will do everything I can to help you -if you want it- even if it means creating a WhiteCoin foundation as a community. Escrow services to raise funds and consensus based decision making systems are not very hard to implement.

I will try to answer as many questions as I can for you here.

Sincerely,

Mogonzo

SPAM. Lol. New user 2 posts.

[SackofBits]

So much FUD it's awesome  This coin is going to be hot!

[nearmiss]

mint had a similar hole that it patched.   No need to totally dismiss it. Its not out of the realm of possibility that a cloned coin would have an identical problem.  Lets hear an answer on it one way or another, get it patched if so, and move on.

[rocketcoins]

AN IMPORTANT ANNOUNCEMENT FROM WHITECOIN

AUTHOR: Mogonzo

I stepped in as head of PR only a couple of days ago, and it's been a wild ride. Unfortunately it's about to get wilder for all of us.

After multiple reports of problems with WhiteCoin not staking several people began investigating this issue, among them two of the whitecoin pool operators. As the person responsible for communicating both chunkypools' and whitecoin's message, I've found myself in a pretty uncomfortable position.

I've submitted requests for clarifications to the devs on this issue, and have yet to receive a response.

What we've learned

The investigation into the staking issue is ongoing, however we have learned of a vulnerability in WhiteCoin's blockchain that will require emergency action by the community.

Chunkypools offers port to protect WhiteCoin against 51% attack: PORT 3377

If you want to protect your investment, rather than crashing the doors of mintpal I suggest you visit whitecoinpool.com, create a worker if you have not already, and point to port 3377.

It's my job to communicate for the people who contract my services. However, that contract exists with the public as well... and I must give it to you straight. Currently it would not take much hash to take over the blockchain and perform a hard fork.

One of the most important purposes in crypto is that if the devs get sick, hit by a bus, or abducted by a UFO...  the community will have an option to take over maintenance of a coin. WhiteCoin can easily recover from this problem if the community rallies to protect the blockchain with hash until an update can be performed.

ChunkyPools offers hard fork and the facilitation of an update if the community requests it

If the devs do not re-appear ChunkyPools and others have offered to facilitate the hard forking of whitecoin and the release of an updated fix. It would not take long. But it does require your support and consent.

I have a great deal of experience with online communities, and I'm here because I see the potential in this one. All we need to do is rally behind a port with our hash and make our voices heard.

The Whitecoin Community does have an option

There is enough community interest and exchange volume in this coin for us to turn this around immediately. I've been working tirelessly for weeks promoting this multipool and developing a re-branding that will blow away every single one of you. I will do everything I can to help you -if you want it- even if it means creating a WhiteCoin foundation as a community. Escrow services to raise funds and consensus based decision making systems are not very hard to implement.

I will try to answer as many questions as I can for you here.

Sincerely,

Mogonzo

SPAM. Lol. New user 2 posts.

it's mogonzo posting
come ask him https://kiwiirc.com/client/irc.freenode.net/#WhiteCoin

[doch]

That is not mogonzo's accoung guys.

<@mogonzo> the new port mines on the old whitecoin PoW network
<@mogonzo> it's volunteer only
<@mogonzo> and to protect whitecoin's block chain
<@mogonzo> the multipool port will now pay out in BTC for everyone's safet
<@mogonzo> safety
<@mogonzo> until we can figure this out

[DanielVG]

Mogonzo is explaining it on IRC though.


Do whatever you need to do mogonzo, you're an active player in this community.

everybody say +1

edit: a PGP verification would be nice though

[virtualfaqs]

Why wouldn't he log in his account and post here?

[yinyangteam]

AN IMPORTANT ANNOUNCEMENT FROM WHITECOIN

AUTHOR: Mogonzo

I stepped in as head of PR only a couple of days ago, and it's been a wild ride. Unfortunately it's about to get wilder for all of us.

After many reports of problems with WhiteCoin not staking an investigating was launched, among our investigators were two of the whitecoin pool operators. I've submitted requests for clarifications to the devs on this issue, and have yet to receive a response.

What we've learned

The investigation into the staking issue is ongoing, however we have learned of a vulnerability in WhiteCoin's blockchain that will require emergency action by the community.

Chunkypools offers port to protect WhiteCoin against 51% attack: PORT 3377

If you want to protect your investment, rather than crashing the doors of mintpal I suggest you visit whitecoinpool.com, create a worker and point to port 3377. Block rewards are now at 10 on the old PoW network which means there is not much profit in this for chunky or anyone. You'd be doing this to protect your coin.

On a personal note, it's my job to communicate for the people who contract my services. However that contract exists with the public as well... and I must give it to you straight. Currently it would not take much hash to take over the blockchain and perform a hard fork.

One of the most important purposes behind cryptocurrency is that if the devs get sick, hit by a bus, or abducted by a UFO...  the community will has an option to take control. WhiteCoin can easily recover from this problem if the community rallies to protect the blockchain with hash until an update can be performed.

ChunkyPools offers hard fork and the facilitation of an update if the community requests it

If the devs do not re-appear ChunkyPools and others have offered to facilitate the hard forking of whitecoin and the release of an updated fix. It would not take long. But it does require your support and consent.

I have a great deal of experience with online communities, and I'm here because I see the potential in this one. All we need to do is rally behind a port with our hash and make our voices heard.

The Whitecoin Community does have an option

Even if the devs truly do not return, there is enough community interest and exchange volume in this coin for us to turn this around immediately. I've been working tirelessly for weeks promoting this multipool and developing a re-branding that will blow away every single one of you. I will do everything I can to help you -if you want it- even if it means we have to found a WhiteCoin foundation as a community. Escrow services to raise funds and consensus based decision making systems are not very hard to implement.

I will try to answer as many questions as I can for you here.

Sincerely,

Mogonzo

[yinyangteam]

We apologize for the confusion over our earlier post. Considering the hot nature of this news, unforunately someone released an early draft of our release under the name "uncle iro".

[seattletu]

Yeah, can you give us a little clarity on the situation?

[Halofire]

cheeeeeeeep WC on minty...

[Starkz]

AN IMPORTANT ANNOUNCEMENT FROM WHITECOIN

AUTHOR: Mogonzo

I stepped in as head of PR only a couple of days ago, and it's been a wild ride. Unfortunately it's about to get wilder for all of us.

After many reports of problems with WhiteCoin not staking an investigating was launched, among our investigators were two of the whitecoin pool operators. I've submitted requests for clarifications to the devs on this issue, and have yet to receive a response.

What we've learned

The investigation into the staking issue is ongoing, however we have learned of a vulnerability in WhiteCoin's blockchain that will require emergency action by the community.

Chunkypools offers port to protect WhiteCoin against 51% attack: PORT 3377

If you want to protect your investment, rather than crashing the doors of mintpal I suggest you visit whitecoinpool.com, create a worker and point to port 3377. Block rewards are now at 10 on the old PoW network which means there is not much profit in this for chunky or anyone. You'd be doing this to protect your coin.

On a personal note, it's my job to communicate for the people who contract my services. However that contract exists with the public as well... and I must give it to you straight. Currently it would not take much hash to take over the blockchain and perform a hard fork.

One of the most important purposes behind cryptocurrency is that if the devs get sick, hit by a bus, or abducted by a UFO...  the community will has an option to take control. WhiteCoin can easily recover from this problem if the community rallies to protect the blockchain with hash until an update can be performed.

ChunkyPools offers hard fork and the facilitation of an update if the community requests it

If the devs do not re-appear ChunkyPools and others have offered to facilitate the hard forking of whitecoin and the release of an updated fix. It would not take long. But it does require your support and consent.

I have a great deal of experience with online communities, and I'm here because I see the potential in this one. All we need to do is rally behind a port with our hash and make our voices heard.

The Whitecoin Community does have an option

Even if the devs truly do not return, there is enough community interest and exchange volume in this coin for us to turn this around immediately. I've been working tirelessly for weeks promoting this multipool and developing a re-branding that will blow away every single one of you. I will do everything I can to help you -if you want it- even if it means we have to found a WhiteCoin foundation as a community. Escrow services to raise funds and consensus based decision making systems are not very hard to implement.

I will try to answer as many questions as I can for you here.

Sincerely,

Mogonzo

So who is the dev currently and why is this posted by different user accounts?

[SnjafSnjaf]

Yeah, can you give us a little clarity on the situation?

He is not developer as someone said... We have a serious problem now, mass sell off...

[Stratobitz]

Massive sell off taking place. Depth charts point to a bottom around 760-800. Heads up!

[yinyangteam]

Yeah, can you give us a little clarity on the situation?

I'm trying my best I'm sorry. I've been working for essentially 36 hours straight to figure a way out of this for everyone.

The way I see it, the only real solution unless the devs appear immediately is to take chunky up on their offer to hard fork the coin. At that point, an emergency update could be performed to protect the blockchain, the update could be issued, and we could then figure out as a community how to address the PoS issue.

[Stratobitz]

Shouldn't drop much below 760 if it hits it. There's strong resistance below that.

[seattletu]

Yeah, can you give us a little clarity on the situation?

I'm trying my best I'm sorry. I've been working for essentially 36 hours straight to figure a way out of this for everyone.

The way I see it, the only real solution unless the devs appear immediately is to take chunky up on their offer to hard fork the coin. At that point, an emergency update could be performed to protect the blockchain, the update could be issued, and we could then figure out as a community how to address the PoS issue.

So you aren't the Dev? This is you mongonzo?