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Topic: [ANN] ARCHcoin [ARCH] The ARCH Network - NEWS - page 54. (Read 221364 times)

sr. member
Activity: 297
Merit: 250
ARCH Corporate Platform v1.9 has been released!
https://github.com/EdgarSoares/ARCH/releases/tag/1.9

Does this new release enforce password encrypting of the wallet?
sr. member
Activity: 297
Merit: 250

Would you leave a safe closed but unlocked? It's no different than leaving a wallet unencrypted.

When the safe is located in your locked house and surrounded by a security fence you might leave it open.

Not quite the same as if the safe has been left on the street is it?

full member
Activity: 142
Merit: 100
ARCH Corporate Platform v1.9 has been released!
https://github.com/EdgarSoares/ARCH/releases/tag/1.9
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
Coinme, I'm sorry to hear that you lost your coins. Hopefully we can figure out who the thief is when/if they sign on for CEO status.


Thank you!

This is what I was hoping to hear in the beginning from ARCH Owner, CEOs or Support.

I have given up hope of this happening as the lack of support shown by ARCH top dogs is quite remarkable.

To date I know of 5 now ex ARCHers who have contacted me and described losing coins in a similar manner.

The total lost to hacks/theft or whatever you want to call that I've been made aware of is over 200k ARCH which by the latest
prices is around 75BTC worth, and I'm sure there will be others who no longer monitor this thread, have walked away from
ARCH and no longer follow this coin or do not wish to make their loss public. Edgar ARCH will know a lot more but
he is remaining silent on this matter and has offered no assistance in tracking the thief.

My recent posts here sparked a response from ARCH Support and Tom has been polite. Thank you, Tom, but unable to
be of assistance as he does not know who is ARCH rich lister #2 at the following address.

https://chainz.cryptoid.info/arch/address.dws?AL8PwmG2wC5Kjq9SfsTCmVVvKJqrg2bWWc.htm

I can see the 32k taken from my wallet ended up there by following the Blockchain from

https://chainz.cryptoid.info/arch/block.dws?171607.htm

I've contacted Bittrex but they are claiming privacy reasons for not divulging anything.
I'm not certain that this is a Bittrex wallet as it doesn't have a lot of withdrawls
It only seems to be accumulating.

While the loss of 15BTC worth of ARCH is personally disappointing what is the most disappointing is the response from the ARCH community.

From the previous replys in this thread you can see how the common cry has been that it was my fault for not pass-wording the wallet.

I accept this was an mistake on my part however it must pointed out that it is NOT a requirement to password the ARCH wallet.
It is a recommendation only.

The ARCH wallet does not enforce a password and this should be a minimum requirement BY DESIGN given the reoccurring thefts
seen over the last 6 months from ARCH wallets and that ARCH Devs are obviously aware of.

On the bright side I have found the ONE coin which actually takes users wallet very seriously!

My twitter feed has a video showing a coin with real security features in action which make what happened to me impossible.


Would you leave a safe closed but unlocked? It's no different than leaving a wallet unencrypted.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
Coinme, I'm sorry to hear that you lost your coins. Hopefully we can figure out who the thief is when/if they sign on for CEO status.



My recent posts here sparked a response from ARCH Support and Tom has been polite. Thank you, Tom, but unable to
be of assistance as he does not know who is ARCH rich lister #2 at the following address.

https://chainz.cryptoid.info/arch/address.dws?AL8PwmG2wC5Kjq9SfsTCmVVvKJqrg2bWWc.htm

I can see the 32k taken from my wallet ended up there by following the Blockchain from

https://chainz.cryptoid.info/arch/block.dws?171607.htm


Your coins came from https://chainz.cryptoid.info/arch/address.dws?ATRfF4HjQiBn1Eegj72D9CPvAnp9UKpquW.htm

and ended up here
https://chainz.cryptoid.info/arch/address.dws?AUjc5ZUHh666x9mDDJ1pdKiwXgrf9eedq9.htm Not Bittrex though
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel


Do you realize the images and stuff you're posting look better than the ARCH materials?  You're not helping the ARCH argument at this point with your posts.

Naturally, they look better because they are already built. The previous examples illustrate that Moby has a market and is viable as water craft. If you're already seeing the prototype built and being marketed, you'll probably be buying archcoin at 150k sats.

Many mock Moby as weird, impossible to float, and unmarketable. I just dispelled such misinformation and misconception.
full member
Activity: 224
Merit: 100


Do you realize the images and stuff you're posting look better than the ARCH materials?  You're not helping the ARCH argument at this point with your posts.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
Coinme, I'm sorry to hear that you lost your coins. Hopefully we can figure out who the thief is when/if they sign on for CEO status.


On another note. I'm noting people comparing Moby to the Waternest. Moby is not meant to be a year round living space. The Waternest has a different purpose than the Moby. It's an actual house. The Moby is more akin to a vacation cabin. Significant difference in cost as well:

"The nomadic, sun-run residence—touted fully furnished—has a starting price of €500,000 for the 60-square-meter unit, with the standard 100-square-meter pod on the market for €800,000 (though larger models can also be custom-ordered for higher sums)."

Cheaper version of a Moby









When Moby releases it own video advertisement, it would be more awesome than this:
https://www.youtube.com/watch?v=yEaw8TIvg0M
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
The photo is very nice practical design which is superior to the Moby, IMO.

Notice the sloped rear design of Moby will make it very difficult to have bathroom, bedroom or quality standing room.

Unless of course Moby is a Tardis.

Moby looks cool on first glance but think about how much you can fit in that triangle design and how difficult it will be to walk around give the large deck space at the open end. Something is going to have to be radically changed for it to be practical.

The Waternest looks a better design, IMO.



What you're seeing is a render of Moby. Architects and engineers always argue on practicality and design. Don't jump into the conclusion that it wouldn't work, successful designers have made the seemingly impossible. For you IT guys, it's a battle between web designers and developers, as designers demand site aesthetics and functionality that are also seemingly impossible, but in the end, the final product worked out beautifully.

Similar design by successful architects with many projects: source http://t.co/X6UMVjNh6g



the moby looks to also have a flat hull, which gets very bumpy with some chop on the water, so don't leave your expensive champagne glasses unattended over a 5 kt breeze.

Don't assume the chief architect has no nautical engineers working on this project. One day when you'll be able to see a finished Moby floating on a body of water, the price of Arch will be much higher than now.
full member
Activity: 120
Merit: 100
Quote
No more PoW blocks
  Roll Eyes
hero member
Activity: 845
Merit: 1000
Whale Watchers and Pinnacle Brilliance founder
Coinme, I'm sorry to hear that you lost your coins. Hopefully we can figure out who the thief is when/if they sign on for CEO status.


On another note. I'm noting people comparing Moby to the Waternest. Moby is not meant to be a year round living space. The Waternest has a different purpose than the Moby. It's an actual house. The Moby is more akin to a vacation cabin. Significant difference in cost as well:

"The nomadic, sun-run residence—touted fully furnished—has a starting price of €500,000 for the 60-square-meter unit, with the standard 100-square-meter pod on the market for €800,000 (though larger models can also be custom-ordered for higher sums)."
full member
Activity: 182
Merit: 100
If you're wondering who will buy the Moby units, read the Forbes article below.

Behold 'The WaterNest': An Eco-Conscious, High-Tech Luxury Home That Floats

Designed to float on calm bodies of blue, EcoFloLife’s “WaterNest” is a far cry from your run-of-the-mill “house on water.”



Constructed wholly out of repurposed aluminum and laminated reclaimed timber, the UK-based company’s 98% recyclable pad offers a simple lifestyle steeped in nature, though one still cushioned with all the cutting-edge comforts of a contemporary home.

The pebble-shaped pod—whose 100-square-meter model is roomy enough to comfortably house a family four—features balconies spanning its two lengthiest sides, along with wall-sized windows that allow natural light to flood its interior during the day. Impervious to impact and corrosion, the avant-garde dwelling’s outer shell requires virtually no maintenance, while its interiors are outfitted with leak-proof teak floors capable of weathering varying temperatures, heavy humidity, and high salinity, along with DuPont™ Corian® kitchen and bathroom surfaces resistant to mold and bacteria. Read More

Italian architect Giancarlo Zema is successful in selling profitable contracts similar to Moby in design:

Jellyfish 45 - 2 million Euros contract

Amphibious 1000 €500 million contract

So, when you buy Arch, think of future contracts ArchVentures can or will have.  Grin


The photo is very nice practical design which is superior to the Moby, IMO.

Notice the sloped rear design of Moby will make it very difficult to have bathroom, bedroom or quality standing room.





Unless of course Moby is a Tardis.

Moby looks cool on first glance but think about how much you can fit in that triangle design and how difficult it will be to walk around give the large deck space at the open end. Something is going to have to be radically changed for it to be practical.

The Waternest looks a better design, IMO.



the moby looks to also have a flat hull, which gets very bumpy with some chop on the water, so don't leave your expensive champagne glasses unattended over a 5 kt breeze.
sr. member
Activity: 297
Merit: 250

OK how about you go hang out with the others if that's all you got to offer.


Being an asshole isn't going to help your case.

And your reply is helping how?
hero member
Activity: 672
Merit: 500

OK how about you go hang out with the others if that's all you got to offer.


Being an asshole isn't going to help your case.
sr. member
Activity: 297
Merit: 250

What is you are wanting to happen? Made whole for your lack of proper basic security?

If there was an exploit in the wallet (as you falsely claim) there would have been far more coins stolen and dumped on the exchanges.

But there wasn't. 

Give it up and chalk it up to lesson learned.

Was simply asking for Edgar or assistants to check the addresses supplied were not known CEO or had applied for CEO status.

Coins taken from my wallet appear to have been sent to the address in Rich Lister #2s wallet.

Can someone else confirm or deny this is the case.

You can follow the chain from here.

https://chainz.cryptoid.info/arch/block.dws?171607.htm

How hard is that???



That #2 rich list address is more likely an exchange.

Thanks, but was looking for a definitive answer on that rather than speculation.

I'd take a guess that Edgar ARCH knows but he's not offering up an answer.

If the thief would like to make good on their oversight in honesty with this matter they are welcome to send the coins to
this address AKRSaqA3hRjorm7nbYnh4WX8mnZJrW7QhA  and that will be the end of the matter.


sr. member
Activity: 297
Merit: 250
Please stop escalating the situation. It was YOUR FAULT that you didn't encrypt the wallet.

How can you blame someone for YOUR mistake?

Please stop. That's all I ask.

OK how about you go hang out with the others if that's all you got to offer.



Don't Buy High now.
hero member
Activity: 672
Merit: 500

What is you are wanting to happen? Made whole for your lack of proper basic security?

If there was an exploit in the wallet (as you falsely claim) there would have been far more coins stolen and dumped on the exchanges.

But there wasn't. 

Give it up and chalk it up to lesson learned.

Was simply asking for Edgar or assistants to check the addresses supplied were not known CEO or had applied for CEO status.

Coins taken from my wallet appear to have been sent to the address in Rich Lister #2s wallet.

Can someone else confirm or deny this is the case.

You can follow the chain from here.

https://chainz.cryptoid.info/arch/block.dws?171607.htm

How hard is that???





That #2 rich list address is more likely an exchange.
sr. member
Activity: 297
Merit: 250

What is you are wanting to happen? Made whole for your lack of proper basic security?

If there was an exploit in the wallet (as you falsely claim) there would have been far more coins stolen and dumped on the exchanges.

But there wasn't. 

Give it up and chalk it up to lesson learned.

Was simply asking for Edgar or assistants to check the addresses supplied were not known CEO or had applied for CEO status.

Coins taken from my wallet appear to have been sent to the address in Rich Lister #2s wallet.

Can someone else confirm or deny this is the case.

You can follow the chain from here.

https://chainz.cryptoid.info/arch/block.dws?171607.htm

How hard is that???



hero member
Activity: 672
Merit: 500

If you car was stolen off the street would you call the dealership or the cops?

The people who steal coins are looking for ALL coins.  They didn't target the Arch network, they targeted YOU and were able to steal ANY wallet.dat file regardless of it staking.  Without encryption, all they need to do is scan for all .dat files, copy them and import it into their own wallet. 

It sucks that you lost your coins but there is nothing Arch can or should do.  



Car was stolen from the garage inside the house, not on the street.

The car has lowjack so the dealership knows where it is right now. However they won't return my calls.

There were a number of other high value coins that could have made off with as well, they didn't.

They targeted ARCH and took a couple of others worth a few dollars. Another ARCH CEO was hit around the same time as well.

Appreared to be a coordinated action against ARCH CEO wallets.

ARCH has NOT been supportive in anyway and has not offered any help to identify if the addresses the coins have been moved to have applied or have CEO status.

Yeah it sucks and the inaction of ARCH managment speaks volumes about what they are prepared to do in such cases, which appears to be NOTHING!

I've seen other less "professional" coins help their users out in similar cases.

I'd hoped for a little more in the way of support as I'd supported this coin from IPO on, miners on iHash, steady buys accumulating the CEO positions.

Just goes to show that you are totally on your own when the going gets rough. CEO means nothing in the end.


What is you are wanting to happen? Made whole for your lack of proper basic security?

If there was an exploit in the wallet (as you falsely claim) there would have been far more coins stolen and dumped on the exchanges.

But there wasn't. 

Give it up and chalk it up to lesson learned.
sr. member
Activity: 297
Merit: 250
If you're wondering who will buy the Moby units, read the Forbes article below.

Behold 'The WaterNest': An Eco-Conscious, High-Tech Luxury Home That Floats

Designed to float on calm bodies of blue, EcoFloLife’s “WaterNest” is a far cry from your run-of-the-mill “house on water.”



Constructed wholly out of repurposed aluminum and laminated reclaimed timber, the UK-based company’s 98% recyclable pad offers a simple lifestyle steeped in nature, though one still cushioned with all the cutting-edge comforts of a contemporary home.

The pebble-shaped pod—whose 100-square-meter model is roomy enough to comfortably house a family four—features balconies spanning its two lengthiest sides, along with wall-sized windows that allow natural light to flood its interior during the day. Impervious to impact and corrosion, the avant-garde dwelling’s outer shell requires virtually no maintenance, while its interiors are outfitted with leak-proof teak floors capable of weathering varying temperatures, heavy humidity, and high salinity, along with DuPont™ Corian® kitchen and bathroom surfaces resistant to mold and bacteria. Read More

Italian architect Giancarlo Zema is successful in selling profitable contracts similar to Moby in design:

Jellyfish 45 - 2 million Euros contract

Amphibious 1000 €500 million contract

So, when you buy Arch, think of future contracts ArchVentures can or will have.  Grin


The photo is very nice practical design which is superior to the Moby, IMO.

Notice the sloped rear design of Moby will make it very difficult to have bathroom, bedroom or quality standing room.





Unless of course Moby is a Tardis.

Moby looks cool on first glance but think about how much you can fit in that triangle design and how difficult it will be to walk around give the large deck space at the open end. Something is going to have to be radically changed for it to be practical.

The Waternest looks a better design, IMO.

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