Dear clients, deposits/withdrawals will be available soon. You don't have to worry, all of your FST funds are in safe. The root of issue with FST lays in scam transaction which was send from Cryptopia to Livecoin. This transaction have positive confirmations and no block hash, what is impossible. That is why we decided that FST blockchain have some issues, but later on the developers explained us that block explorer used as official on Coinmarketcap is not an official one and displays a lot of incorrect data.
So, we're waiting a link to official block explorer. We also waiting when the developers will contact Cryptopia regarding this scam transaction and let us know how Cryptopia managed to send this transaction into FST network.
Hello LiveCoin,
Please note we have sent you several emails on this matter, with links to a reliable FastCoin (FST) Block Explorer as well. We have also confirmed that our Block Chain does not have issues, and rather the problem at hand has to do with a bogus transaction that was attempted which was never confirmed into our Block Chain.
We have performed further research into this mater and have found that these types of bogus transactions, although rare, have also occurred on the Bitcoin network. The following video describes this type of phenomenon in more detail.
https://www.youtube.com/watch?v=llbMgF4fgrgMore info on this from Bitcointalk forum here...
https://bitcoinforum.com/bitcoin-discussion/bittx-generator-send-fake-transactions-of-any-amount-(open-source-project)/It appears that these types of transactions maybe attempted and if not properly checked could confuse end users of thinking they received funds, when in actual fact that have not.
Please let us know what other information you require from us, as we believe we have put this matter behind us.
Thank you in advance as we look forward to your reply and reinstatement of our coin withdrawals on your Exchange ASAP.
Best
Fast
I will be emailing both Cryptopia and Livecoin regarding these matters. The information contained in the quoted post (including that from Livecoin) has inaccurate information.
Main Points:
1. The transaction sent from Cryptopia that was never confirmed was not a scam transaction. It was valid and contains coins from valid addresses at Cryptopia.
2. We know that Cryptopia uses 0.8.7.2 and the "scam" transaction was valid according to the rules that 0.8.7.2 uses (max 200KB transaction size).
3. Given my own experience in sending large transactions from 0.8.7.2, I know that the network will not accept them. I have sent hundreds of such transactions, but later found out all were rejected. I had to redo it all over again several times to empty the cryptsy wallet.
4. A tool like bittx-generator-send-fake-transactions-of-any-amount was not used because it does not generate a transaction that spends 1165 deposits using existing coins.
We need to determine the version used by Livecoin and get Cryptopia to to use the same version: that would help a lot. Also the pools and exchanges need to move coins around to consolidate them to reduce transaction sizes.
