communing
Newbie
 Offline
Activity: 46
Merit: 0
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August 19, 2014, 05:15:30 AM |
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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...
XCR being stolen was not an issue. The hacker only had the password for the NXT wallet. No other coins were ever in danger. The hacker has compromised Bter servers directly, which forced them to change all wallets, BTC included. As NXT was taken due to (apparently) hard-coded password to NXT wallet, same could happen to Crypti, hence the safest way to prevent it was to regenerate the genesis block completely. We can wait. But must tell us the progress.Otherwise we are afraid. Trading volume has reached 43 million.The end of the adjustment.Launch will trigger the rise |
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Primitive
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August 19, 2014, 05:57:56 AM |
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Burning Man by any chance?
indeed |
NEM, LSK, STRAT
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samsmith16
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August 19, 2014, 06:18:05 AM |
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As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Now with Crypti and its new Gen 2 style PoS (well really it's PoT)... exchanges and merchants can keep the bulk of there coins offline in cold storage... While keeping a few thousand Crypti in forging nodes... Heck even if an exchange wanted to use 1 million Crypti and set up 1000 nodes ( of course needing IP's for each..) the hacker would need to hack in to each node... not just 1 wallet...
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▐ Royalties▐ pays interest on Term Deposits up to 15%!! Yes even Cold Storage!! |
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samsmith16
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August 19, 2014, 06:23:15 AM |
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Burning Man by any chance?
indeed  |
▐ Royalties▐ pays interest on Term Deposits up to 15%!! Yes even Cold Storage!! |
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Eadeqa
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August 19, 2014, 07:52:34 AM |
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As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that. Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk. |
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hala
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August 19, 2014, 07:54:30 AM |
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still wait and we dont have a certain time .  |
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DeadlyEskimo
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August 19, 2014, 08:10:59 AM |
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still wait and we dont have a certain time . With as many delays as we have already been through putting another date time is just smoke and mirrors. Hit everyone with a surprise launch when BTER/Crypti is ready. |
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lucky88888
Sr. Member
Offline
Activity: 404
Merit: 250
https://nxtforum.org/
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August 19, 2014, 08:19:29 AM |
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As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that. Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk. +1 to nxt. don't confuse nxt to "Gen 1 PoS", nxt is more powerful than you think. |
Fuck Mt.Gox! Fuck Mintpal! Fuck Bter! FUCK kyc! Protect yourself use MGW! SUPERNET! Recommended ASSET ->InstantDex : Lead Dev Jl777 (decentralized multi currency instant exchange) Recommended ASSET -> Jinn : Lead Dev Come-from-Beyond (ternary processors!) https://nxtforum.org/news-and-announcements/(ann)-jinn/ |
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Passion_ltc
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August 19, 2014, 08:33:16 AM |
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I want to know if Bter released 15M XCR to the crypti team already and if they still have all of them. Can you post proof?  |
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samsmith16
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August 19, 2014, 08:37:47 AM |
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As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that. Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk. +1 to nxt. don't confuse nxt to "Gen 1 PoS", nxt is more powerful than you think. Yes I think you guys are correct.. I prob was beeing a bit narrow by trying to group them both together and understating the NXT PoS in the process... And Thank you for telling me about NXT leasing forging power... I wasn't ware of that... One must admit though Crypti's PoT does bring a whole new way of doing things to the scene... |
▐ Royalties▐ pays interest on Term Deposits up to 15%!! Yes even Cold Storage!! |
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lucky88888
Sr. Member
Offline
Activity: 404
Merit: 250
https://nxtforum.org/
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August 19, 2014, 09:34:34 AM |
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As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that. Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk. +1 to nxt. don't confuse nxt to "Gen 1 PoS", nxt is more powerful than you think. Yes I think you guys are correct.. I prob was beeing a bit narrow by trying to group them both together and understating the NXT PoS in the process... And Thank you for telling me about NXT leasing forging power... I wasn't ware of that... One must admit though Crypti's PoT does bring a whole new way of doing things to the scene... only time can tell, so lets see how it goes |
Fuck Mt.Gox! Fuck Mintpal! Fuck Bter! FUCK kyc! Protect yourself use MGW! SUPERNET! Recommended ASSET ->InstantDex : Lead Dev Jl777 (decentralized multi currency instant exchange) Recommended ASSET -> Jinn : Lead Dev Come-from-Beyond (ternary processors!) https://nxtforum.org/news-and-announcements/(ann)-jinn/ |
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SyRenity
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August 19, 2014, 10:58:23 AM |
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Bter update
The Bter lead developer is still in transit, plus likely will need some jetlag recovery time, hence the launch estimation is within the next 48 hours.
In order to make sure everything is ready, we agreed with Bter that once the developer landed and recovered, he will contact us, confirm the mainnet integration is done and the withdrawals / deposits can be enabled, allocate time to monitor the withdrawals / depostis together with us, and only then we will give an advance announcement in order to let everyone prepare.
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atleticofa
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August 19, 2014, 11:00:09 AM |
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33 BTC sell order at 2793 How the hell we do x5 with this? That's a fake wall, soon will dissapear |
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pabloangello
Legendary
Offline
Activity: 1344
Merit: 1001
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August 19, 2014, 11:04:44 AM |
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where can we trade crypti
Bter only so far. |
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SyRenity
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August 19, 2014, 11:11:28 AM |
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I want to know if Bter released 15M XCR to the crypti team already and if they still have all of them. Can you post proof? The launch team XCR's are already encoded in the genesis block on the address 15292791051968645847C (will be visible on mainnet both via API and on the upcoming Crypti explorer). This address will remain visible at all times (same as Foundation BTC funds), so the community could monitor it and be assured the XCR's are delivered to the team as per the vesting schedule. We will publish these addresses again after the launch in a separate blog post. |
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studio1one
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August 19, 2014, 11:12:10 AM |
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I want to know if Bter released 15M XCR to the crypti team already and if they still have all of them. Can you post proof? The launch team XCR's are already encoded in the genesis block on the address 15292791051968645847C (will be visible on mainnet both via API and on the upcoming Crypti explorer). This address will remain visible at all times (same as Foundation BTC funds), so the community could monitor it and be assured the XCR's are delivered to the team as per the vesting schedule. We will publish these addresses again after the launch in a separate blog post. thanks man, any timeline yet? |
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menno1986
Newbie
Offline
Activity: 46
Merit: 0
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August 19, 2014, 11:13:13 AM |
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I want to know if Bter released 15M XCR to the crypti team already and if they still have all of them. Can you post proof? The launch team XCR's are already encoded in the genesis block on the address 15292791051968645847C (will be visible on mainnet both via API and on the upcoming Crypti explorer). This address will remain visible at all times (same as Foundation BTC funds), so the community could monitor it and be assured the XCR's are delivered to the team as per the vesting schedule. We will publish these addresses again after the launch in a separate blog post. Exciting times ahead for XCR, thanks for the updates SyRenity! keep up the good work. |
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Relaxedsense
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August 19, 2014, 11:48:50 AM |
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Please break lose from BTER ASAP
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