[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released

[mr_random]

guys this why need a decentralized exchange somthing like this http://bithalo.org/

No, its why exchanges need to be held to a higher standard, a& be registered, so they are by law bound to 3rd party auditing. This is why I trade sizable qty only on cryptsy.

Any centralised exchange can be hacked.

Decentralized exchanges like bithalo which are trustless by design, are safer by definition. They are the future.

[CryptoLTD]

Using an exchange that is by law required to have 3rd party auditing is wise. Hence why I trade only @ Cryptsy.

[kpierce77]

Here's the first of several I'm sure:  http://cryptocrimson.com/2014/07/mintpal-exchange-suffers-massive-vericoin-hack/

[mr_random]

Vericoin's statement

http://www.vericoin.info/downloads/Statement.pdf

bullshit

This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

[majeis]

Vericoin's statement

http://www.vericoin.info/downloads/Statement.pdf

bullshit

This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse.

So to put things in perspective, you'd be okay with absolutely nothing being done about a simultaneous 33% acquisition of the bitcoin supply by a malicious thief along with 51% of the network hash by that same person?

[battbot]

Vericoin's statement

http://www.vericoin.info/downloads/Statement.pdf

bullshit

This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

While there is no satisfying solution to all of this... I would have to agree with Mr_Random.  A rollback at the very least, is just as bad as the thief dumping coins.  

[Splatters]

it's not clear if who has VRC inside mintpal, can have the coin back after the market will be reopen.

[CryptoLTD]

Vericoin's statement

http://www.vericoin.info/downloads/Statement.pdf

bullshit

This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

Apples & oranges @ no time was almost 30% of ALL BTC stolen.

Edit: This is also not an MP bail out, its PROTECTING the holders & users of the coin. MP will undoubtedly suffer irreversible losses from this most importantly community trust.

[adaseb]

So somebody stole $2,000,000 of coins and thought that he would get away with it?

Like nobody would notice.

Idiots!

[mrkavasaki]

this why http://blackhalo.info/ is the future

[CryptoLTD]

Actually no, its not, accountability standards are & thats why I trade only on US based cryptsy, where they are required by law to have 3rd party audits.

[criptix]

Vericoin's statement

http://www.vericoin.info/downloads/Statement.pdf

bullshit

This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

there was no theft of that scale in bitcoin. this comparison is total bullshit.

if a entity would have over 51% hash power then that would compare to what is happening.

by not forking the hacker(s) will have control over the network you idiots

[bitrap]

VeriCoin is dead no matter what, IMO, rollback or not. The best the devs could do is start a new coin and advice everyone to be smarter about coin storage. Hard-forking in this case is a misunderstanding and a disregard of the principles that bitcoin was founded on.

[tigerwood0432]

this why http://blackhalo.info/ is the future

People lost a lot of money here and are crying . so please kid = go to play elsewhere . The more you talk about black-shit-lo , the more we will hate blackcoin . From your post i will dump all my blackcoin (as i can see BC community are happy with others suffrance = F... U Blackcoin community .

[mr_random]

Vericoin's statement

http://www.vericoin.info/downloads/Statement.pdf

bullshit

This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

Apples & oranges @ no time was almost 30% of ALL BTC stolen.

Firstly, it makes no difference just because it's a large number. Decentralisation and irreversibility are the two fundamental underpinning tenets of Bitcoin. I guarantee you, long term, Vericoin price will be hurt more by doing this rollback than just leaving it be. No new future investors will touch a coin that does something like this. Either way the price will be damaged by this, if some of you are naive enough to think a dirty rollback will "fix everything" and the price will carry on as normal, you are going to be in for a shock.

Secondly, there is not much of a difference between doing this once and doing it for every theft. It's a dangerous precedent.

[BadAss.Sx]

What are you crying...the coins are coming back and it will give some shit on the chart, but the community are buying those coins as sweet ice cream in hot weather.

[CryptoLTD]

VeriCoin is dead no matter what, IMO, rollback or not. The best the devs could do is start a new coin and advice everyone to be smarter about coin storage. Hard-forking in this case is a misunderstanding and a disregard of the principles that bitcoin was founded on.

This isnt bitcoin.. its VERICOIN.

[Yuzu]

this why http://blackhalo.info/ is the future

Bad form.

[fairglu]

I need help to tag the other exchanges in the VeriCoin Explorer!

If you see your deposit address in these guesstimated wallets, PM me with the wallet url and the name of the exchange

http://chainz.cryptoid.info/vrc/wallet.dws?18192.htm
http://chainz.cryptoid.info/vrc/wallet.dws?20592.htm
http://chainz.cryptoid.info/vrc/wallet.dws?17657.htm

You don't have to tell me which address is yours, just that you spotted it in the list. I have suspicions, but community confirmation could accelerate things!

Note that the address balance will likely be incorrect, as your exchange balance is only known to the exchange balance.

The cryptoID.info explorers maintain a list of guesstimated largest wallets, like
http://chainz.cryptoid.info/vrc/#!wallets
The guesstimation is targeted at exchange wallets.

Hopefully this can be used in the future as a form of advanced warning that an exchange is getting too big/central to a crypto!

[pb2014]

Vericoin's statement

http://www.vericoin.info/downloads/Statement.pdf

bullshit

This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

Even a rollback is highly problematic because it compromises integrity of the blockchain.  Either way this is a tragedy...  I still cannot understand why VRC was the only target.

This is clearly a personal attack on Vericoin. What kind of an idiot would take 1/3 of the coins supply and hope that it won't be forked?