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December 17, 2017, 07:14:03 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
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Question: Where would you prefer the VRC/VRM exchange pair be?
Bittrex
Poloniex
Both
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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346484 times)
Unattainium
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July 13, 2014, 07:19:12 PM
 #7801

Rollback destroys all integrity of the block chain. You may as well go back to using dollars if you want to have a solution as moronic as a rollback. Honestly, anyone for it is either a) new as hell and totally clueless on what the block chain does and what cryptos are, or b) trying to kill this coin and MintPal

Simple as that. You are either stupid or just FUD'ing if you support a rollback. I expect flak from tons of new accounts starting...NOW
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tigerwood0432
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July 13, 2014, 07:20:10 PM
 #7802

I still show my full VRC balance in MintPal.  Does this mean my coins by chance were not part of what was stolen?  Has anyone seen the balance actually affected or do they just not update.

My VRC balance looks unaffected, but the grand total (in estimated BTCs) doesn't make sense, is like if all the other coins counted but not the VRCs, can anyone check?

Eth.

Same for me bro


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kpierce77
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July 13, 2014, 07:22:05 PM
 #7803

Come here to see if fundamentals brought it down, seems all hell is breaking loose.   Shocked

Yes, today we learned that centralized services, centralized ownership (1/3 being hot in Mintpal alone says everything) and centralized authority (rollback to save $2m worth of VRC that were most likely owned by VRC whales) just doesn't work in crypto. Decentralized is what makes crypto secure and VRC has absolutely none of that in any way shape or form.

Well, no coin will be fully decentralized correct?  As long as people have their coins on an exchange and not staking in their wallet?

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youngmike
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July 13, 2014, 07:22:20 PM
 #7804

Rollback destroys all integrity of the block chain. You may as well go back to using dollars if you want to have a solution as moronic as a rollback. Honestly, anyone for it is either a) new as hell and totally clueless on what the block chain does and what cryptos are, or b) trying to kill this coin and MintPal

Simple as that. You are either stupid or just FUD'ing if you support a rollback. I expect flak from tons of new accounts starting...NOW

But rollback is the only way to get our money back! Current situation 1/3 all coins owned by one entity is too centralized and dangerous!
majeis
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July 13, 2014, 07:22:28 PM
 #7805

Rollback destroys all integrity of the block chain. You may as well go back to using dollars if you want to have a solution as moronic as a rollback. Honestly, anyone for it is either a) new as hell and totally clueless on what the block chain does and what cryptos are, or b) trying to kill this coin and MintPal

Simple as that. You are either stupid or just FUD'ing if you support a rollback. I expect flak from tons of new accounts starting...NOW

Says the "dev" of another coin that's a new account itself. Did you forget to login to your main account there?

Let's ask you this same question and see if you have no response like everyone else:

So you think a guaranteed ongoing 51% attack or an insta-dump is a better alternative?

Please explain why.


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youngmike
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July 13, 2014, 07:25:31 PM
 #7806

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.
kpierce77
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July 13, 2014, 07:28:30 PM
 #7807

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

Well, was this a VRC vulnerability issue or was it a Mintpal issue?

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stormia
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July 13, 2014, 07:28:42 PM
 #7808

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

This wasn't a PoS vulnerability.. it was an attack on the exchange, an exchange vulnerability... read the doc released by the devs.
madjules007
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July 13, 2014, 07:28:47 PM
 #7809

ETA on fork? What's an estimate when Mintpal will resume trading? Somewhere in the next few hours or not untill tomorrow orso?

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Killiz
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July 13, 2014, 07:28:58 PM
 #7810

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

Somebody is about to make you feel really dumb. Will leave it up to that somebody to do that.

kpierce77
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July 13, 2014, 07:30:31 PM
 #7811

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

Somebody is about to make you feel really dumb. Will leave it up to that somebody to do that.

I choose the high ground Cheesy

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youngmike
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July 13, 2014, 07:31:37 PM
 #7812

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

This wasn't a PoS vulnerability.. it was an attack on the exchange, an exchange vulnerability... read the doc released by the devs.

But VRC PoS vulnerabilities still remain. It's not safe to invest until PoS is fixed. I hope dev buys a working PoS (license) if they are not able to fix it by their own.
Unattainium
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July 13, 2014, 07:31:57 PM
 #7813

Rollback destroys all integrity of the block chain. You may as well go back to using dollars if you want to have a solution as moronic as a rollback. Honestly, anyone for it is either a) new as hell and totally clueless on what the block chain does and what cryptos are, or b) trying to kill this coin and MintPal

Simple as that. You are either stupid or just FUD'ing if you support a rollback. I expect flak from tons of new accounts starting...NOW

ARE YOU STUPID OR WHAT Huh IF YOU LOST 100K VRC , WILL YOU SUPPORT ROLLBACK ?? OR NO ? IF ITS NOT DONE , YOU WILL SEE WHAT FUD WILL BE CREATED OVER VRC BY INVESTORS WHO LOST THEIR COINS !! YOU KNOW WHAT MEANS CONSPIRACY THEORY ?? JUST SEEN THAT YOU ARE A DEV OF UNATCOIN = FUCK UNATCOIN = PLEASE PEOPLE = CREATE A FUD FOR THIS FUCKING UNATCOIN = A COINDEV CREATING A FUD ?? = PEOPLE LOST THEIR COIN AND ARE SAD , YOU COME HERE AND CREATE FUD Huh FUCK YOU = PUT YOUR UNAT-DICK IN YOUR UNAT-ASS  !!

No, I wouldn't. Even if you type in huge red letters. Anyone who understands the true point of the blockchain will agree with me
szarbot
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July 13, 2014, 07:32:35 PM
 #7814

In light of recent events, I guess we can all call this a...

Coinspiracy?

aaaand I'm out.
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July 13, 2014, 07:34:54 PM
 #7815

ETA on fork? What's an estimate when Mintpal will resume trading? Somewhere in the next few hours or not untill tomorrow orso?

this
majeis
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July 13, 2014, 07:35:18 PM
 #7816

In light of recent events, I guess we can all call this a...

Coinspiracy?

aaaand I'm out.

Out of what? You can't trade on a disabled trading pair.

So how exactly are you out? You've never even posted on this thread before.


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     ▄▄██████████████▄▄
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DICE           
BLACKJACK
PLINKO       
VIDEO POKER
ROULETTE     
LOTTO            
bitrap
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July 13, 2014, 07:38:27 PM
 #7817

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

Somebody is about to make you feel really dumb. Will leave it up to that somebody to do that.
Why does it have to be about making someone feel dumb? Just offer the simple explanation: The security issue is with MintPal, and MintPal alone.
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July 13, 2014, 07:39:24 PM
 #7818

has anyone besides mintpal released a statement? sounds like the only "news" is coming from them...
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July 13, 2014, 07:40:52 PM
 #7819

It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

Somebody is about to make you feel really dumb. Will leave it up to that somebody to do that.
Why does it have to be about making someone feel dumb? Just offer the simple explanation: The security issue is with MintPal, and MintPal alone.

This time it was MintPal and too centralized VRC market structure. But VRC PoS vulnerabilities still remain. It's not safe to invest until PoS is fixed. I hope dev buys a working PoS (license) if they are not able to fix it by their own.
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July 13, 2014, 07:41:48 PM
 #7820

has anyone besides mintpal released a statement? sounds like the only "news" is coming from them...


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

Crypto Diem!!!!!
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