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Author Topic: www.kronos.io - "bitcoinica" replacement?  (Read 3632 times)
hamdi
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May 21, 2012, 10:16:15 PM
 #1

read on twitter,
anybody know something? found nothing on here

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phorensic
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May 26, 2012, 05:09:53 AM
 #2

Just got my account activated.  Supposed to be Bitcoinica successor.  They sent me an invite code if you want to try and use - Invite code :    qTgc0 .  I don't have much time to check it out right now, but we will see how this pans out.  Couple more threads - https://bitcointalk.org/index.php?topic=81748.0  https://bitcointalk.org/index.php?topic=83420.0
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May 26, 2012, 05:23:34 AM
 #3

Just got my account activated.  Supposed to be Bitcoinica successor.  They sent me an invite code if you want to try and use - Invite code :    qTgc0 .  I don't have much time to check it out right now, but we will see how this pans out.  Couple more threads - https://bitcointalk.org/index.php?topic=81748.0  https://bitcointalk.org/index.php?topic=83420.0
Invite codes only work once, afaik.

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May 26, 2012, 06:46:13 AM
 #4

The "weird" thing is that they don't require any confirmations for Bitcoin transfers. My test BTC transfer went through in 10 seconds. Anyone want to try a double spend with them? Smiley
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May 26, 2012, 07:24:33 AM
 #5

The "weird" thing is that they don't require any confirmations for Bitcoin transfers. My test BTC transfer went through in 10 seconds. Anyone want to try a double spend with them? Smiley
Kronos leverages ZipConf to allow near-instant transfers. ZipConf has well-tested algorithms implemented to prevent double-spends. So, good luck.

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May 26, 2012, 09:50:55 AM
 #6

Have you guys not learned a thing or are you just insane? Who would put a single Satoshi to such a platform again these days after what just happened to Bitcoinica, not once but twice!?!! People are so ridiculously stupid.

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May 26, 2012, 10:48:26 AM
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Have you guys not learned a thing or are you just insane? Who would put a single Satoshi to such a platform again these days after what just happened to Bitcoinica, not once but twice!?!! People are so ridiculously stupid.
Maybe this time it's actually people who know what they are doing.

Does kronos.io also allow trading on margin?
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May 26, 2012, 12:37:49 PM
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So far, we have no evidence of how secure it might be. Does anyone even know the person(s) behind it? I wouldn't trust it with a single cent until I know better what kind of security to expect, and whose reputation is at stake.

And no, reputable members promoting it isn't good enough. I want to hear from the actual owners.

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Raoul Duke
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May 26, 2012, 12:41:20 PM
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Some clues on the following thread: https://bitcointalk.org/index.php?topic=83420.0

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May 26, 2012, 12:47:53 PM
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Also they appear to have a website: http://ringcoin.com/

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May 26, 2012, 12:48:31 PM
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Some clues on the following thread: https://bitcointalk.org/index.php?topic=83420.0
Wait what? Run by matthew n wright himself? Doesn't he have anything better to do, like print magazines and make christmas specials? Huh
I'd kind of hate to see him get hacked, but if he insists on running such a service it seems inevitable.

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May 26, 2012, 01:03:48 PM
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Some clues on the following thread: https://bitcointalk.org/index.php?topic=83420.0
Wait what? Run by matthew n wright himself? Doesn't he have anything better to do, like print magazines and make christmas specials? Huh
I'd kind of hate to see him get hacked, but if he insists on running such a service it seems inevitable.

I don't know, but if it is him or anybody associated with him then it's the biggest joke I've seen around here lately.
MNW is one of the most vocal persons against the anonymity in Bitcoin businesses but none of those sites, ZipConf, Ringcoin, Kronos.io, Dwaddy or Pawncoin have an About Us page saying who the fuck they are.
If it's them somebody should slap them on the face or something Wink


EDIT: OK, digging further on the ZipConf docs linked at GLBSE it seems one of the owners is Jonathan Ryan Owens and the other is some Eric who i have no idea who it is. Ludvig (DeaDTerra) is listed also as the GLBSE contact for ZipConf.

Maybe Matthew was quoting text from the kronos.io site on that reply Wink

muyuu
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May 26, 2012, 01:19:34 PM
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Some clues on the following thread: https://bitcointalk.org/index.php?topic=83420.0
Wait what? Run by matthew n wright himself? Doesn't he have anything better to do, like print magazines and make christmas specials? Huh
I'd kind of hate to see him get hacked, but if he insists on running such a service it seems inevitable.

LOL. Someone wants to make money whatever it takes. Grin

Let's see if they can deliver.

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freewil
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May 26, 2012, 03:13:07 PM
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My favorite part is that the platform appears to run on linode, the homepage is extremely vague about security, and the FAQ entry about security says "coming soon..."
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May 26, 2012, 03:55:03 PM
 #15

Have you guys not learned a thing or are you just insane? Who would put a single Satoshi to such a platform again these days after what just happened to Bitcoinica, not once but twice!?!! People are so ridiculously stupid.

Have you gentlemen learned nothing from the Titantic disaster! We can never build large ships, nor sail the Atlantic, again!

Thank goodness most of us keep moving forward, knowing the risks, taking the hits, examining the mistakes, and building things better.
Kluge
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May 26, 2012, 03:59:38 PM
 #16

So far, we have no evidence of how secure it might be. Does anyone even know the person(s) behind it? I wouldn't trust it with a single cent until I know better what kind of security to expect, and whose reputation is at stake.

And no, reputable members promoting it isn't good enough. I want to hear from the actual owners.
It's led by JRO (ZipConf, REBATE, and Kronos so far are the only ones publicly known AFAIK). The dev names can be released if they choose. Announcements aren't going to come until the service is launched publicly. The service is not yet launched publicly. It's in "inner circle, very early" beta. Obviously, the site's not complete yet. Launch is still at least two weeks away.

Have you guys not learned a thing or are you just insane? Who would put a single Satoshi to such a platform again these days after what just happened to Bitcoinica, not once but twice!?!! People are so ridiculously stupid.
Maybe this time it's actually people who know what they are doing.

Does kronos.io also allow trading on margin?
Kronos allows up to 10:1.

My favorite part is that the platform appears to run on linode, the homepage is extremely vague about security, and the FAQ entry about security says "coming soon..."
Of course it's coming soon. Please stop judging the website as a complete work, because it isn't complete, yet. Weeks away. The information you'd expect for a publicly-launched service will be available when it's a publicly-launched service.

ETA: Dev is on Linode. Exchange keys are not on Linode. When launched, it's unlikely service will be hosted on Linode.

Don't mix your coins someone said isn't legal
freewil
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May 26, 2012, 04:24:08 PM
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My favorite part is that the platform appears to run on linode, the homepage is extremely vague about security, and the FAQ entry about security says "coming soon..."
Of course it's coming soon. Please stop judging the website as a complete work, because it isn't complete, yet. Weeks away. The information you'd expect for a publicly-launched service will be available when it's a publicly-launched service.

Fair enough, but when you make your site itself publicly available then you should expect some scrutiny on these basic facts.
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May 26, 2012, 04:25:11 PM
 #18

So far, we have no evidence of how secure it might be. Does anyone even know the person(s) behind it? I wouldn't trust it with a single cent until I know better what kind of security to expect, and whose reputation is at stake.

And no, reputable members promoting it isn't good enough. I want to hear from the actual owners.

this.
Kluge
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May 26, 2012, 04:27:22 PM
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My favorite part is that the platform appears to run on linode, the homepage is extremely vague about security, and the FAQ entry about security says "coming soon..."
Of course it's coming soon. Please stop judging the website as a complete work, because it isn't complete, yet. Weeks away. The information you'd expect for a publicly-launched service will be available when it's a publicly-launched service.

Fair enough, but when you make your site itself publicly available then you should expect some scrutiny on these basic facts.
I don't believe the site has ever been publicly announced by anyone involved. This is, of course, because the site's still in early beta testing and not ready to be used by the public right this moment.

Don't mix your coins someone said isn't legal
disclaimer201
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May 26, 2012, 04:31:55 PM
 #20

Have you guys not learned a thing or are you just insane? Who would put a single Satoshi to such a platform again these days after what just happened to Bitcoinica, not once but twice!?!! People are so ridiculously stupid.

Have you gentlemen learned nothing from the Titantic disaster! We can never build large ships, nor sail the Atlantic, again!

Thank goodness most of us keep moving forward, knowing the risks, taking the hits, examining the mistakes, and building things better.

Although your anology seems to be very powerful I believe it hardly fits the case.

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