bter hacked and lost 50m nxt

[wakasaki96744]

Looks like this could end with a "happy" ending.

hacker getting (likely) bonus btc...bter get's at least most of their NXT back. win-win

[devphp]

Are you guys going to keep coins at centralized exchanges now?

[From Above]

Are you guys going to keep coins at centralized exchanges now?

yes  we dont trust ur NXT scam exchange.  decentralized my ass.    Spoetnik Approved™

~CfA™~

[devphp]

Yes what? You will keep coins at centralized exchanges? Well, good luck then

[Sevvero]

"hacked"
yeah right

[mr angry]

The hacker just returned 12 1/3 Million additional NXT to BTER.

+ 6 Mil
...

+ 10 Mil

Which about solves it. 

That's good news, how many Nxt does the hacker still have left to return?

[Sebastien256]

The hacker just returned 12 1/3 Million additional NXT to BTER.

+ 6 Mil
...

+ 10 Mil

Which about solves it. 

That's good news, how many Nxt does the hacker still have left to return?

about 8M

[devphp]

The hacker just returned 12 1/3 Million additional NXT to BTER.

+ 6 Mil
...

+ 10 Mil

Which about solves it. 

That's good news, how many Nxt does the hacker still have left to return?

about 8M

well, he said he believes in NXT, so he probably won't return it.

[Sebastien256]

The hacker just returned 12 1/3 Million additional NXT to BTER.

+ 6 Mil
...

+ 10 Mil

Which about solves it. 

That's good news, how many Nxt does the hacker still have left to return?

about 8M

well, he said he believes in NXT, so he probably won't return it.

He should return the stolen Nxt and buy Nxt from his ransom BTC. That would be more appropriate imo.

[devphp]

He'll probably keep both.

[hodap]

The hacker just returned 12 1/3 Million additional NXT to BTER.

I am wondering what make him return 20% of what he stole. Did NXT developer threaten to rollback the transaction?

[TwinWinNerD]

The hacker just returned 12 1/3 Million additional NXT to BTER.

I am wondering what make him return 20% of what he stole. Did NXT developer threaten to rollback the transaction?

He returned 42 M NXT because BTER made a deal with him and apparently paid him 440 BTC

[efreeti]

The hacker just returned 12 1/3 Million additional NXT to BTER.

I am wondering what make him return 20% of what he stole. Did NXT developer threaten to rollback the transaction?

He returned 42 M NXT because BTER made a deal with him and apparently paid him 440 BTC

A good deal for BTER. 42M NXT worth around 1.3M dollars and 440 BTC only worth around 220k dollars.

Still, won't it be cheaper to convince NXT developers to rollback the transaction and threaten to pass the cost back NXT investors?

[TwinWinNerD]

The hacker just returned 12 1/3 Million additional NXT to BTER.

I am wondering what make him return 20% of what he stole. Did NXT developer threaten to rollback the transaction?

He returned 42 M NXT because BTER made a deal with him and apparently paid him 440 BTC

A good deal for BTER. 42M NXT worth around 1.3M dollars and 440 BTC only worth around 220k dollars.

Still, won't it be cheaper to convince NXT developers to rollback the transaction and threaten to pass the cost back NXT investors?

You mean for BTER? Yeah sure it would have been. But NXT holders are no retards and know how big of damage a rolllback would be.

[From Above]

NXT holders are no retards

R U sure about that?   i am not so sure. Spoetnik Approved™

~CfA™~

[EvilDave]

The hacker just returned 12 1/3 Million additional NXT to BTER.

I am wondering what make him return 20% of what he stole. Did NXT developer threaten to rollback the transaction?

He returned 42 M NXT because BTER made a deal with him and apparently paid him 440 BTC

A good deal for BTER. 42M NXT worth around 1.3M dollars and 440 BTC only worth around 220k dollars.

Still, won't it be cheaper to convince NXT developers to rollback the transaction and threaten to pass the cost back NXT investors?

No...it wouldn't... You can't rollback the blockchain every time someone drops the ball on a big pile of NXT.
We're playing by big boy rules now.

[Hueristic]

The hacker just returned 12 1/3 Million additional NXT to BTER.

I am wondering what make him return 20% of what he stole. Did NXT developer threaten to rollback the transaction?

He returned 42 M NXT because BTER made a deal with him and apparently paid him 440 BTC

A good deal for BTER. 42M NXT worth around 1.3M dollars and 440 BTC only worth around 220k dollars.

Still, won't it be cheaper to convince NXT developers to rollback the transaction and threaten to pass the cost back NXT investors?

No...it wouldn't... You can't rollback the blockchain every time someone drops the ball on a big pile of NXT.
We're playing by big boy rules now.

Big boy rules means bankers and Currency gets bailed. :rolleyes:

[ajareselde]

The hacker just returned 12 1/3 Million additional NXT to BTER.

I am wondering what make him return 20% of what he stole. Did NXT developer threaten to rollback the transaction?

He returned 42 M NXT because BTER made a deal with him and apparently paid him 440 BTC

A good deal for BTER. 42M NXT worth around 1.3M dollars and 440 BTC only worth around 220k dollars.

Still, won't it be cheaper to convince NXT developers to rollback the transaction and threaten to pass the cost back NXT investors?

Unpopular opinion, but i think NXT devs should of been a bigger man here and step up with rollback.

It all depends on the method that was used to steal the coins in the first place, but since NXT is still rather small , it wouldnt be so hard to roll back the transactions.
I would never pay thief to return funds, i would rather put a bounty on his head for the same amount.

[EvilDave]

The theft vector was pretty much the same as it always is: weak password security, this time on BTER.
So, the loss had nothing to do with the NXT technology.

The problem with doing a rollback to correct a human mistake is the question of where do you draw the line?
Today a rollback for BTER, then what ? Rollback every time something happens we don't like ?

And I need to keep pointing this out:
Devs on their own could NOT force a rollback: a majority of the community would have to actively support the revised blockchain via forging.

Anyhow, good result for NXT, and a narrow escape for BTER.

A good deal for BTER. 42M NXT worth around 1.3M dollars and 440 BTC only worth around 220k dollars.

Still, won't it be cheaper to convince NXT developers to rollback the transaction and threaten to pass the cost back NXT investors?

No...it wouldn't... You can't rollback the blockchain every time someone drops the ball on a big pile of NXT.
We're playing by big boy rules now.

Big boy rules means bankers and Currency gets bailed. :rolleyes:

Ok, big boy crypto rules......much more integrity than the average bankster.

[Hueristic]

A good deal for BTER. 42M NXT worth around 1.3M dollars and 440 BTC only worth around 220k dollars.

Still, won't it be cheaper to convince NXT developers to rollback the transaction and threaten to pass the cost back NXT investors?

No...it wouldn't... You can't rollback the blockchain every time someone drops the ball on a big pile of NXT.
We're playing by big boy rules now.

Big boy rules means bankers and Currency gets bailed. :rolleyes:

Ok, big boy crypto rules......much more integrity than the average bankster.

I hear ya

But Cyrpto does need some protection from hackers. The masses will never adopt it fully until they feel there money is safe. And no matter how much you explain how much safer it is than at the mercy of institutions people just won't believe it. Because lets face it, People are generally morons.