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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1348514 times)
DARKANGEL6415
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July 15, 2014, 01:09:56 AM
 #9341

VeriCoin’s Response To MintPal’s Hacking Could Destroy Them
thecoinfront.com



Implications

While no one likes to see their coins stolen, and many members of the community are supportive of such an action, there are issues involved.

VeriCoin claims in their tweet to be "preserving decentralization", but by hardforking their blockchain they're making a decision for the entire community to help a group of investors who made a poor investment choice.

While their intentions may be altruistic, such an action does nothing to preserve decentralization. In fact, it does more to destroy it than if they had done nothing at all.

What is also unclear is what will happen to the legitimate transactions made after the coins were stolen. Will those be simply reversed and their transactions erased in order to preserve the greater good? Or will efforts be made to make these people whole again. Will VeriCoin holders have to appeal to a central authority in order to make sure their coins are returned to them?
I am really suprised the breake pads are not missing thats like a extra $100

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July 15, 2014, 01:16:47 AM
 #9342

VRC STAKING GOING UP AFTER MINTPAL STARTED THE WITHDRAWS Smiley


http://vrcstake.ticonerd.com/

THIS IS PRETTY GOOD GUYS! SHOW YOUR SUPPORT TO DEV WORK AND STACK YOUR COINS!
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July 15, 2014, 01:18:59 AM
 #9343

Can someone help this user on /r/Vericoin out

---

Got another strange behaviour.
When I start my OSX Wallet (ver. v1.3.3.0-g32a928e) it syncs up and everything's fine. Then I unlock it to start Staking, which eventually starts as well. After a few minutes, though, it begins to fall out of syn.
I checked the debug log, and it looks like it's getting a bunch of errors. Old wallets maybe? Here's a chunk of the log: https://gist.github.com/miles/75e6a44c40762571e878


---

Reply @ http://www.reddit.com/r/vericoin/comments/2ap0zk/fork_is_complete_with_new_update_today_133/cixllzh (or if you don't have a reddit account, just reply here and I'll pass any info along to the person)

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July 15, 2014, 01:21:18 AM
 #9344

where is psnoker with his manipulation sell walls... seems the minute everyone goes live this baby is going to tank hard.
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July 15, 2014, 01:26:38 AM
 #9345

For all the Vericoin holders that are ok with the "rollback", we would like to introduce a new exciting investment option.

"RollbackCoin"

Have your coins stolen?
Make a bad trade?
Sold all your coins and want them back?
Just want to fuck with other holders?

Just use our veri innovative "rollback" button. One push of the rollback button removes the last 25 blocks.*


*This option is only available to the devs (you can trust us)  Wink.
**We will use as often as we like.


Slaxt
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Gone......


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July 15, 2014, 01:27:19 AM
 #9346

For all the Vericoin holders that are ok with the "rollback", we would like to introduce a new exciting investment option.

"RewindCoin"

Have your coins stolen?
Make a bad trade?
Sold your your coins and want them back?
Just want to fuck with other holders?

Just use our veri innovative "rewind" button. One push of the rewind button removes the last 25 blocks.*


*This option is only available to the devs (you can trust usWink.
We will use as often as we like.



TC is the worse thing to happen to default, needs to open his eyes and not jump to conclusions, not everyone lies!!! Anyway as promised I have left, pass word changed to long random which I will forget like that plonker who ruined a perfectly fine account.
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July 15, 2014, 01:29:29 AM
 #9347

maybe someone should ask psnoker why he was transfering 200k coins to bittrex during yesterdays original outage... it was clearly stated on irc.
Buy wall to keep VRC from crashing on Bittrex.

he sent 200k vrc to create a vrc buy wall? sorry probably just dense but not following.
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July 15, 2014, 01:33:12 AM
 #9348

hes probably too busy selling everything off at the moment to "protect" us.

meanwhile half the irc cant get access to their coins.

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July 15, 2014, 01:34:20 AM
 #9349


I do not own any VRC.

But this was a mature, correct response by an Elite Dev Team...
To a massive security breach affecting 30% of coins outstanding.

ONLY a coin that will be defended and managed like in this case...
Can possibly gain mainstream acceptance by serious merchants.

I'll bet smoothie's big bag of coins has part-time devs that specialize in excuses.

That said... WHY THE FUCK WAS 30% OF VRC IN A MINTPAL HOT WALLET???   

The whole problem of exchanges "owning" Customer coins needs to be changed...
There needs to be a protocol change = coins on exchange remain linked to Customer wallet...
There needs to be a NEW special class of "transfer"...
Your wallet would have an extra line that says "on exchange and segregated".



I could see having the choice to link your wallet to an exchange being something interesting to look into.

I think at the least this might eliminate a bunch of people who day trade rather than who are actually supporters of Vericoin.

Good point about the merchants, though I don't see a rollback being an option or necessary in the future, the fact that the devs are out there and didn't just let this issue go and say 'fuck it, let the thief destroy our coin' says a lot, surprised people see it otherwise.

Mintpal though, such shame.


*currently waiting for Bittrix to enable VRC wallets so I can stake the coins I'm buying up*

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July 15, 2014, 01:37:57 AM
 #9350

wallet on the webstie is version 1.3.2 which doesnt sync .. where can i get veresion 1.3.3 ??
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July 15, 2014, 01:45:27 AM
 #9351

wallet on the webstie is version 1.3.2 which doesnt sync .. where can i get veresion 1.3.3 ??

Refresh/reload page.  Open in another browser.  New version is up.

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July 15, 2014, 01:46:25 AM
 #9352

wallet on the webstie is version 1.3.2 which doesnt sync .. where can i get veresion 1.3.3 ??
I believe it's the version 1.3.3. but it keeps the old wallet when you want to install the new version. I had to do it all over again, but it worked when I did a back up and uninstall the old wallet before installing the new one.
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July 15, 2014, 01:48:32 AM
 #9353

wallet on the webstie is version 1.3.2 which doesnt sync .. where can i get veresion 1.3.3 ??
I believe it's the version 1.3.3. but it keeps the old wallet when you want to install the new version. I had to do it all over again, but it worked when I did a back up and uninstall the old wallet before installing the new one.

Same here. Installing over the old one ended up with the same version. Uninstalling then reinstalling results in the correct version and connects fine.


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July 15, 2014, 01:49:34 AM
 #9354

so much FUD in this thread holy cow lol
Amalgamus
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July 15, 2014, 02:00:07 AM
 #9355

maybe someone should ask psnoker why he was transfering 200k coins to bittrex during yesterdays original outage... it was clearly stated on irc.
Buy wall to keep VRC from crashing on Bittrex.

he sent 200k vrc to create a vrc buy wall? sorry probably just dense but not following.
That doesn't make sense, when you make a buy wall it's only with BTC and the sell wall wouldn't be in the interest of the coin.
I believe you can use someone else's name and make statements for him. My English is not that good but I can sense when I read the comments and they do not seem to come from the dev's. How could he be bragging that he is sending 100k vrc to every exchange and got taken in his own game? It's only Fud by people who want vericoin to crash. I still believe in the coin and in the sincerity of the Devs, who have always done the right thing.
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July 15, 2014, 02:08:14 AM
 #9356

Looking to that much FUD coming from non-holders makes me believe that we hit gold... A thick and rich gold mine!
Go go go!!!
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July 15, 2014, 02:09:47 AM
 #9357

he sent 100k's to multiple exchanges to put up sell walls to protect the price of the coins, it was psnoker on irc saying this and multiple exchange reps confirmed it. so he takes the loses and not the community. lol.


yet the majority of people didnt have access to their funds even if they wanted to sell

what a joke and scam.
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July 15, 2014, 02:17:25 AM
 #9358

Yeah this doesn't compute. He'd need to send btc for buy support to the exchanges to protect the coin.

he sent 100k's to multiple exchanges to put up sell walls to protect the price of the coins, it was psnoker on irc saying this and multiple exchange reps confirmed it. so he takes the loses and not the community. lol.


yet the majority of people didnt have access to their funds even if they wanted to sell

what a joke and scam.
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July 15, 2014, 02:18:24 AM
 #9359

the irc transcript is real go ask yourselves.
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July 15, 2014, 02:19:36 AM
 #9360

the irc transcript is real go ask yourselves.

I'm cracking up how similar that accusation of him doing that is to the FED propping up markets, etc
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