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Topic: [ANN] ARCHcoin [ARCH] The ARCH Network - NEWS - page 55. (Read 221364 times)

sr. member
Activity: 252
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.
sr. member
Activity: 297
Merit: 250

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.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
Staking up to 15% - 18% interest





Edgar, China market largely untapped.

newbie
Activity: 26
Merit: 0
Nothing is for certain in crypto or even in the real world.
Even the funeral home business, if everyone starts to flock into it, it will fail haha.
It's just that ARCH is about as good as it gets especially considering what you see.
newbie
Activity: 42
Merit: 0
That's the key word in anything -- if you want to invest in certainty put your money in funeral homes.
full member
Activity: 224
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


Key word = "can"
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
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
newbie
Activity: 42
Merit: 0

Encrypted wallet, VPN, sandbox, don't use TeamViewer or other cloud services on your staking machine. Common sense, done.

While they all deter a theif anyone determined to get your wallet is going to get around those measures.

Your staking wallet makes you a target and ARCH users are OK with being hacked and will all agree it is the victims fault they lost their investment in Arch.

So best way to become and ARCH CEO is to just steal wallets it seems. ARCH management seems ok with this.


Please explain to me how this combination of measures would be circumvented -- you're shouting at the ground. Which of these measures did you have in place when your coins were stolen? Any of them?

Try posting your credit card information up on Facebook and see how helpful they'll be in chasing down whoever uses it. 
legendary
Activity: 1206
Merit: 1000
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
any news
hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout

No one attacked the ARCH network and it is not a security risk to stake your coins.  Leaving any unencrypted wallet file on your computer is idiotic, if you lost your coins it is your own fault.  

I have been staking my coins for over 6 months and my balance only goes up.  Do you know why?  My wallet is encrypted.  

What is the relevance of those wallets that you linked?  If they have 32,000 coins they can probably access CEO info.

Thirdly you are justify theft of property is OK because if you are able to steal it it means the owner did not secure it well enough so therefore it is fair game.


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.  

sr. member
Activity: 252
Merit: 250

Encrypted wallet, VPN, sandbox, don't use TeamViewer or other cloud services on your staking machine. Common sense, done.

While they all deter a theif anyone determined to get your wallet is going to get around those measures.

Your staking wallet makes you a target and ARCH users are OK with being hacked and will all agree it is the victims fault they lost their investment in Arch.

So best way to become and ARCH CEO is to just steal wallets it seems. ARCH management seems ok with this.


Please just stop this nonsense. It was your own fault for not encrypting your wallet. END OF STORY.

You can't blame it on anyone but yourself. Just take this as a lesson learned.
sr. member
Activity: 297
Merit: 250

Encrypted wallet, VPN, sandbox, don't use TeamViewer or other cloud services on your staking machine. Common sense, done.

While they all deter a theif anyone determined to get your wallet is going to get around those measures.

Your staking wallet makes you a target and ARCH users are OK with being hacked and will all agree it is the victims fault they lost their investment in Arch.

So best way to become and ARCH CEO is to just steal wallets it seems. ARCH management seems ok with this.
sr. member
Activity: 297
Merit: 250

No one attacked the ARCH network and it is not a security risk to stake your coins.  Leaving any unencrypted wallet file on your computer is idiotic, if you lost your coins it is your own fault.  

I have been staking my coins for over 6 months and my balance only goes up.  Do you know why?  My wallet is encrypted.  

What is the relevance of those wallets that you linked?  If they have 32,000 coins they can probably access CEO info.

First of all someone did attack the ARCH network by targeting computers that were running ARCH wallets for staking.

Secondly it would appear that staking is a security risk as it exposes the staking computer to attack by way of being on the network 24/7 and visible as a peer.

Thirdly you are justify theft of property is OK because if you are able to steal it it means the owner did not secure it well enough so therefore it is fair game. Hackers

Hackers please note that Cryptotrout is cool with you robbing him as it will be his fault that your 0 day compromised his security.

Those are the wallets that have the coins.

newbie
Activity: 30
Merit: 0
Hey, These moby's look awesome, want one! What provides the balance/buoyancy? is it like a catamaran underneath?

How much are they? Where will they be available? How are they shipped?

Thanks, they really look fantastic
newbie
Activity: 42
Merit: 0

That happened to me exactly the same way, back in December. Finally, traced it to Bittrex. Lessons learned: Hacking an individual's machine is easier than hacking a bank. Top security practices are needed, else, keep your money in the bank.

Yes lesson learned.

I found out that POS coins like ARCH are a greater security risk if you are staking them as you make yourself a target for people prepared to hack as anyone with a wallet can see your on the network 24/7

No one attacked the ARCH network and it is not a security risk to stake your coins.  Leaving any unencrypted wallet file on your computer is idiotic, if you lost your coins it is your own fault. 

I have been staking my coins for over 6 months and my balance only goes up.  Do you know why?  My wallet is encrypted. 


What is the relevance of those wallets that you linked?  If they have 32,000 coins they can probably access CEO info.

Encrypted wallet, VPN, sandbox, don't use TeamViewer or other cloud services on your staking machine. Common sense, done.
hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout

That happened to me exactly the same way, back in December. Finally, traced it to Bittrex. Lessons learned: Hacking an individual's machine is easier than hacking a bank. Top security practices are needed, else, keep your money in the bank.

Yes lesson learned.

I found out that POS coins like ARCH are a greater security risk if you are staking them as you make yourself a target for people prepared to hack as anyone with a wallet can see your on the network 24/7

No one attacked the ARCH network and it is not a security risk to stake your coins.  Leaving any unencrypted wallet file on your computer is idiotic, if you lost your coins it is your own fault. 

I have been staking my coins for over 6 months and my balance only goes up.  Do you know why?  My wallet is encrypted. 


What is the relevance of those wallets that you linked?  If they have 32,000 coins they can probably access CEO info.
sr. member
Activity: 297
Merit: 250

That happened to me exactly the same way, back in December. Finally, traced it to Bittrex. Lessons learned: Hacking an individual's machine is easier than hacking a bank. Top security practices are needed, else, keep your money in the bank.

Yes lesson learned.

I found out that POS coins like ARCH are a greater security risk if you are staking them as you make yourself a target for people prepared to hack as anyone with a wallet can see your on the network 24/7
full member
Activity: 154
Merit: 100
The steps to the new world begin with a good transportation and ARCH has been finest transportation device in the history....😊
sr. member
Activity: 297
Merit: 250

They are not unwilling to help, since blockchain transactions are irreversible nothing can be done.
But despite that I'm pretty sure https://chainz.cryptoid.info/arch/address.dws?AUjc5ZUHh666x9mDDJ1pdKiwXgrf9eedq9.htm is bittrex but you can ask them about it.

I was hoping that ARCH management can confirm that these two addresses are not CEOs

https://chainz.cryptoid.info/arch/address.dws?AUjc5ZUHh666x9mDDJ1pdKiwXgrf9eedq9.htm - 41k ARCH

https://chainz.cryptoid.info/arch/address.dws?AL8PwmG2wC5Kjq9SfsTCmVVvKJqrg2bWWc.htm  - 854k ARCH & staking

They very much look like CEO type wallets but I could be wrong???

Thanks for the input so far guys.
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