PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
|
|
August 18, 2014, 04:35:38 PM |
|
Someone hacked Bter's NXT.please give them more time.cryptocurrency is weak this time .but we are not.
The good news is you can get more BTC for your $, which means more XCR for your $. Go buy some of that fire sale BTC!
|
|
|
|
Passion_ltc
|
|
August 18, 2014, 04:37:21 PM |
|
They should wait for 2-3 days after launch. This makes sure that everything is working.
|
|
|
|
samsmith16
|
|
August 18, 2014, 04:38:36 PM |
|
More delays? Am I the only one who remembers that the wallet was originally supposed to be out 3 weeks ago? This is getting ridiculous.
I assumed the 10th was the planned date for the wallet? So right now it's 8 days off, not exactly a disaster. Or am I remembering the date incorrectly? I think the lesson learned for other coins in the future should be ... plan more time between planned release date/wallet, don't allow pre-sales trading after the ICO closes, and don't use Bter for ICOs. Before all the delays, the IPO was supposed to start Jun 30. Wallet would be released after the IPO ended on Aug 1. But then the IPO was delayed. Then the wallet was delayed. Then the wallet was delayed again. And now, because of those delays, the wallet is delayed again, because we are reliant on a 3rd party whose first priority is not Crypti. IPO relay= Better IPO plan Wallet delay 1= Better PoS algo on mainnet Wallet delay 2= Safer exchange Well you can look at 3rd party either way... either you say IPO is unsafe bc Dev's ran it without a 3rd party or Now you say 3rd party was unsafe and Dev's should have ran it... The fact of it is 750 BTC was given to the IPO in 5 days... partly bc the IPO was on a 3rd party platform... and as we see Bter has moved the IPO BTC in to a Xapo insured vault... So using the 3rd party that just got hacked and is still alive... May prove to be the best call to still to of made... This all could have gone a worst way... If the wallet was released on the 10th we all trade for a few days... price moves up the charts quickly... The hacker comes in and says while I'm here I will steal 50 million XCR as well... bc I'm not so sure that more then 25 million XCR would have been pulled of Bter by then... So we could have lost 50 million XCR from the hack... We can play the what if game all day... But the real story is Crypti is one of the best investments you can make in crypto at the moment...
|
▐ Royalties▐ pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
|
|
|
CoinHolder
Member
Offline
Activity: 112
Merit: 10
|
|
August 18, 2014, 04:39:42 PM |
|
|
|
|
|
PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
|
|
August 18, 2014, 04:42:37 PM |
|
Yea. They probably should have waited until the funds where there prior to giving us the address.
|
|
|
|
Litoshi
|
|
August 18, 2014, 04:44:27 PM |
|
More delays? Am I the only one who remembers that the wallet was originally supposed to be out 3 weeks ago? This is getting ridiculous.
I assumed the 10th was the planned date for the wallet? So right now it's 8 days off, not exactly a disaster. Or am I remembering the date incorrectly? I think the lesson learned for other coins in the future should be ... plan more time between planned release date/wallet, don't allow pre-sales trading after the ICO closes, and don't use Bter for ICOs. Before all the delays, the IPO was supposed to start Jun 30. Wallet would be released after the IPO ended on Aug 1. But then the IPO was delayed. Then the wallet was delayed. Then the wallet was delayed again. And now, because of those delays, the wallet is delayed again, because we are reliant on a 3rd party whose first priority is not Crypti. IPO relay= Better IPO plan Wallet delay 1= Better PoS algo on mainnet Wallet delay 2= Safer exchange Well you can look at 3rd party either way... either you say IPO is unsafe bc Dev's ran it without a 3rd party or Now you say 3rd party was unsafe and Dev's should have ran it... The fact of it is 750 BTC was given to the IPO in 5 days... partly bc the IPO was on a 3rd party platform... and as we see Bter has moved the IPO BTC in to a Xapo insured vault... So using the 3rd party that just got hacked and is still alive... May prove to be the best call to still to of made... This all could have gone a worst way... If the wallet was released on the 10th we all trade for a few days... price moves up the charts quickly... The hacker comes in and says while I'm here I will steal 50 million XCR as well... bc I'm not so sure that more then 25 million XCR would have been pulled of Bter by then... So we could have lost 50 million XCR from the hack... We can play the what if game all day... But the real story is Crypti is one of the best investments you can make in crypto at the moment... Yes, the hacker could have stolen XCR if the distro had gone on in time, but fortunately, XCR is so new that resetting the genesis block and blockchain would have been easy. And since there is no other place to trade or spend XCR than Bter, the hacker would have been up the creek without a paddle. He did not have access to a XCR wallet. BTW, the NXT boards have identified the hacker. They posted his info and then pulled it. Maybe thats where the Bter dev is headed on his 12 hour flight?
|
|
|
|
SyRenity
|
|
August 18, 2014, 04:44:53 PM |
|
0.01 btc
Just a test transaction by Bter, to verify Xapo has correctly received the funds.
|
|
|
|
Litoshi
|
|
August 18, 2014, 04:48:00 PM |
|
0.01 btc
Just a test transaction by Bter, to verify Xapo correctly received the funds. Because there is no "call back" if you get the address wrong, it is prudent to send a few sats to test any address prior to sending any larger amount.
|
|
|
|
samsmith16
|
|
August 18, 2014, 04:48:37 PM |
|
Yes, the hacker could have stolen XCR if the distro had gone on in time, but fortunately, XCR is so new that resetting the genesis block and blockchain would have been easy. And since there is no other place to trade or spend XCR than Bter, the hacker would have been up the creek without a paddle.
He did not have access to a XCR wallet.
BTW, the NXT boards have identified the hacker. They posted his info and then pulled it. Maybe thats where the Bter dev is headed on his 12 hour flight?
Good points hahaha Lead Dev and the muscle that would be funny
|
▐ Royalties▐ pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
|
|
|
Litoshi
|
|
August 18, 2014, 04:51:32 PM |
|
More delays? Am I the only one who remembers that the wallet was originally supposed to be out 3 weeks ago? This is getting ridiculous.
I assumed the 10th was the planned date for the wallet? So right now it's 8 days off, not exactly a disaster. Or am I remembering the date incorrectly? I think the lesson learned for other coins in the future should be ... plan more time between planned release date/wallet, don't allow pre-sales trading after the ICO closes, and don't use Bter for ICOs. Before all the delays, the IPO was supposed to start Jun 30. Wallet would be released after the IPO ended on Aug 1. But then the IPO was delayed. Then the wallet was delayed. Then the wallet was delayed again. And now, because of those delays, the wallet is delayed again, because we are reliant on a 3rd party whose first priority is not Crypti. IPO relay= Better IPO plan Wallet delay 1= Better PoS algo on mainnet Wallet delay 2= Safer exchange Well you can look at 3rd party either way... either you say IPO is unsafe bc Dev's ran it without a 3rd party or Now you say 3rd party was unsafe and Dev's should have ran it... The fact of it is 750 BTC was given to the IPO in 5 days... partly bc the IPO was on a 3rd party platform... and as we see Bter has moved the IPO BTC in to a Xapo insured vault... So using the 3rd party that just got hacked and is still alive... May prove to be the best call to still to of made... This all could have gone a worst way... If the wallet was released on the 10th we all trade for a few days... price moves up the charts quickly... The hacker comes in and says while I'm here I will steal 50 million XCR as well... bc I'm not so sure that more then 25 million XCR would have been pulled of Bter by then... So we could have lost 50 million XCR from the hack... We can play the what if game all day... But the real story is Crypti is one of the best investments you can make in crypto at the moment... Yes, the hacker could have stolen XCR if the distro had gone on in time, but fortunately, XCR is so new that resetting the genesis block and blockchain would have been easy. And since there is no other place to trade or spend XCR than Bter, the hacker would have been up the creek without a paddle. He did not have access to a XCR wallet. BTW, the NXT boards have identified the hacker. They posted his info and then pulled it. Maybe thats where the Bter dev is headed on his 12 hour flight? Good points hahaha Lead Dev and the muscle that would be funny Picture in your mind the James Bond villain: big fat chinese gangster that throws the razor sharp Derby Hat. EDIT: Found it..... ODDJOB https://www.youtube.com/watch?v=JDDjxa7RsKg
|
|
|
|
ttking
Member
Offline
Activity: 324
Merit: 10
|
|
August 18, 2014, 04:53:27 PM |
|
Finish wallet - 30 July delay Functional for custom blockchains and SDK - 1-15 September delay? Listing on exchange (goal) - August Normal First app on custom blockchains - November (first weeks) delay?
|
|
|
|
Sparky_eMunie
|
|
August 18, 2014, 04:54:12 PM |
|
Bter mainnet integration update
Bter have made great progress in integrating and testing the mainnet node today. Unfortunately the lead developer is now on a 12 hour transatlantic flight and had to pause implementation. We have his assurance that development will continue once he arrives but as such, we are unable to give an exact ETA right now. We will keep you posted with any updates as we receive them. Thank you for your patience and I assure you, we are very close!
That sounds very fishy!
|
|
|
|
SyRenity
|
|
August 18, 2014, 04:58:32 PM |
|
Functional for custom blockchains and SDK Whether it will delay?
September is still the planned date, we will update once we past the launch stage. Important to note that we are continuing developing Crypti, and will introduce several optimizations and improvements already once we can launch.
|
|
|
|
SyRenity
|
|
August 18, 2014, 05:00:49 PM |
|
Bter mainnet integration update Bter have made great progress in integrating and testing the mainnet node today. Unfortunately the lead developer is now on a 12 hour transatlantic flight and had to pause implementation.
That sounds very fishy! We want Bter to monitor the launch with us and be available in case of any issues. I'd like to remind that original launch was planned to Friday, and both we and Bter team had allocated time for that, which was interrupted by the unexpected set of events.
|
|
|
|
SyRenity
|
|
August 18, 2014, 05:06:07 PM |
|
Finish wallet - 30 July delay Functional for custom blockchains and SDK - 1-15 September delay? Listing on exchange (goal) - August Normal First app on custom blockchains - November (first weeks) delay?
Please note that wallet was ready to public access since start of pre-sale, and the launch was scheduled to August 10th, which we decided to postpone to August 15th due to issue found in the PoS formula. The current delay is pending the unfortunate events at Bter, and we use the time to advance with Crypti development.
|
|
|
|
megashira1
Legendary
Offline
Activity: 1146
Merit: 1000
|
|
August 18, 2014, 05:09:05 PM |
|
Bter mainnet integration update
Bter have made great progress in integrating and testing the mainnet node today. Unfortunately the lead developer is now on a 12 hour transatlantic flight and had to pause implementation. We have his assurance that development will continue once he arrives but as such, we are unable to give an exact ETA right now. We will keep you posted with any updates as we receive them. Thank you for your patience and I assure you, we are very close!
That sounds very fishy! than panic dump pls.
|
|
|
|
Sparky_eMunie
|
|
August 18, 2014, 05:15:21 PM |
|
Bter mainnet integration update Bter have made great progress in integrating and testing the mainnet node today. Unfortunately the lead developer is now on a 12 hour transatlantic flight and had to pause implementation.
That sounds very fishy! We want Bter to monitor the launch with us and be available in case of any issues. I'd like to remind that original launch was planned to Friday, and both we and Bter team had allocated time for that, which was interrupted by the unexpected set of events. I understand, but for the main BTER dev to leave his job for a day during current situation (the hack etc) sounds not really reasonable.
|
|
|
|
samperi649
Member
Offline
Activity: 61
Merit: 10
|
|
August 18, 2014, 05:18:35 PM |
|
Bter mainnet integration update
Bter have made great progress in integrating and testing the mainnet node today. Unfortunately the lead developer is now on a 12 hour transatlantic flight and had to pause implementation. We have his assurance that development will continue once he arrives but as such, we are unable to give an exact ETA right now. We will keep you posted with any updates as we receive them. Thank you for your patience and I assure you, we are very close!
pathetic launch
|
|
|
|
SyRenity
|
|
August 18, 2014, 05:20:37 PM |
|
And now, because of those delays, the wallet is delayed again, because we are reliant on a 3rd party whose first priority is not Crypti.
As mentioned before, we are working on introducing more exchanges, after the initial launch with Bter. This will ensure there is more ongoing trading for Crypti, while we move forward with Crypti business and technological development.
|
|
|
|
Litoshi
|
|
August 18, 2014, 05:26:28 PM |
|
Bter mainnet integration update Bter have made great progress in integrating and testing the mainnet node today. Unfortunately the lead developer is now on a 12 hour transatlantic flight and had to pause implementation.
That sounds very fishy! We want Bter to monitor the launch with us and be available in case of any issues. I'd like to remind that original launch was planned to Friday, and both we and Bter team had allocated time for that, which was interrupted by the unexpected set of events. I understand, but for the main BTER dev to leave his job for a day during current situation (the hack etc) sounds not really reasonable. The Hack may be the very reason he is on a business trip. If they are going to prosecute the hacker, someone has to make a report/complaint to the police in the country the hacker lives in.
|
|
|
|
|