Hi Everyone,
To keep you updated, we are still trading old NAV on Poloniex at this point in time. We are attempting to resolve the issues with Poloniex owner Tristan directly and we are still confident this will get resolved shortly.
His major concerns are:
- He doesn't want any NAV investors to lose their coins by missing the swap period.
- He doesn't think Poloniex has the right to swap users coins without their permission.
I have explained that part of the point of the coin swap was to remove the stolen Cryptsy coins from circulation and I have proposed the following solutions to get us back on Poloniex:
- We extend the swap period indefinitely. If someone comes to us with their old coins at any point in the future we will guarantee their coins can be swapped for the new coin at 1:1.
- We leave the old Nav market open on your exchange so users can withdraw but also open the new one. We contact the people with the old coin on your exchange and we make them aware of the coin swap process.
I am still waiting to hear back to see if these are acceptable terms to him. I can't see why they would be rejected, they address his concerns and are pretty reasonable suggestions i think.
What are the communities thoughts on my proposed solutions? Having both markets Poloniex until the old NAV are naturally drained seems reasonable but I want more opinions on having the coin swap open indefinitely. This would mean that Big Vern and / or the Cryptsy hacker could come back at any point and swap their NAV and for that purpose the coin swap is invalid.
Cast your votes here:
http://www.poll-maker.com/poll736899x71cB4e4d-30To be perfectly honest, since we have no idea which wallets were owned by Cyrptsy, the coins could have already been swapped for all we know. However, prolonging the swap period will increase the probability of this happening at some point.
I would suggest we only leave the swap wallets active for a defined period of time and anyone after that, has to go through the dev team directly so we can personally verify their claim.
We can leave this case by case claim open indefinitely and at the dev teams discretion. If in 2 years time someone comes to swap 5million NAV we will be suspicious of course and act appropriately.
We will of course continue our campaign to get on other exchanges also. We are going through the list of exchanges which DASH is traded on and attempting to get the new coin listed on those.
Any thoughts or ideas appreciated!
Craig.
