[ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info - page 254.

Quote from: bitaxed on April 30, 2014, 07:40:27 AM

i did not watch on wallet code, but as a lot of members think it's ghostcoin copy past , so Min Stake 'd be 21 days.
now we have coin with pow period over on 7 days but with POS cannot starting before 21 days. what's that means? that's means blockchain will be not maintained between 7 and 21 days. dev team try to convince holders to put their hashpower for free (10 wc/block) to maintain the blockchain between 7 -21 days. but the dev cannot explain it clearly. if exchange sites'll blocks deposit/withdrawal for 14 days, the coin'll be dead! also how to maintain blockchain meanwhile the POS phase start (May 5). even, how to avoid 51% attack without a large hashpower during this period?! circulating a rumor that the blockchaine is stable and well secured? securised by 100 Mh/s?!!
Dev gains time until May 5, but what if the POS does not work right on May 5?!!
old dev realized the mistake he committed by fixing POW at 7 days while Min Stake is at 21 days! it is not expert in programming. he can do nothing he sold what he had and leave whitecoin bumping against the wall. many think it is saveable.

Could you double check please. Like you said, you didn t look into the code, and yet you wrote all that in what goals?

Minage was set to 2 days and no maxage.

ok! i've checked github to verifiy, and Min age was 28 days! not 21. that's means POS 'll start at May 12 !! Cool

Min age = 2 days that's ll with fixed wallet, with old wallet (still used now Min age = 28 days!!!)

I checked it right when this whole mess came about and there was no min age defined for the coin at all. I'm not sure what the old dev was doing. I don't think there was much thought at all. There were some leftover comments that hinted it was not a copy and paste of blackcoin though as the stake interest was at 5% in the comments. That had been correctly changed to .02 for WC, but as said, many of the other necessary parameters were not defined anywhere.

Lol now there weren t minage?

Check again.

dida

legendary

Activity: 1190

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SoNiC BooM

Quote from: prabhu.str1 on May 01, 2014, 03:45:51 PM

...no im a hater and im still here....just want to see this crypto historic epic fail... Grin

You are waiting the epic fail, that means no epic fail occur until now. I don't know how it could get any worse from now on Grin

...as you can see... Grin

rudius

member

Activity: 84

Merit: 10

whats the future of WC given the double spending attack?

We will rollback the block chain before the attack. and will resume trading as soon as the new wallet is available. From there, we will have to organize the foundation to start working on adoption.

dida

legendary

Activity: 1190

Merit: 1000

SoNiC BooM

Quote from: Kestrel71 on April 30, 2014, 07:39:00 AM

Quote from: prabhu.str1 on May 01, 2014, 03:45:51 PM

...no im a hater and im still here....just want to see this crypto historic epic fail... Grin

Must be sad to have so much hate toward an inanimate object that has never personally touched or hurt you. Oh well It's not going to fail and you are gong to hate it even more while we all make huge profits later on Grin

surfguy72

hero member

Activity: 672

Merit: 500

whats the future of WC given the double spending attack?

Bright and sunny, just getting all the problems out of the way in the begining Wink

prabhu.str1

newbie

Activity: 28

Merit: 0

whats the future of WC given the double spending attack?

dida

legendary

Activity: 1190

Merit: 1000

SoNiC BooM

Quote from: skarto on April 30, 2014, 09:20:26 AM

Quote from: seattletu on April 30, 2014, 07:02:28 AM

The haters seem to have gone away

...no im a hater and im still here....just want to see this crypto historic epic fail... Grin

Sit and watch like the train leave without you .. bye! bye pal!

rudius

member

Activity: 84

Merit: 10

Quote from: gerdab on May 01, 2014, 03:40:00 PM

Quote from: rudius on May 01, 2014, 03:34:10 PM

Quote from: seattletu on April 30, 2014, 07:28:17 AM

i did not watch on wallet code, but as a lot of members think it's ghostcoin copy past , so Min Stake 'd be 21 days.
now we have coin with pow period over on 7 days but with POS cannot starting before 21 days. what's that means? that's means blockchain will be not maintained between 7 and 21 days. dev team try to convince holders to put their hashpower for free (10 wc/block) to maintain the blockchain between 7 -21 days. but the dev cannot explain it clearly. if exchange sites'll blocks deposit/withdrawal for 14 days, the coin'll be dead! also how to maintain blockchain meanwhile the POS phase start (May 5). even, how to avoid 51% attack without a large hashpower during this period?! circulating a rumor that the blockchaine is stable and well secured? securised by 100 Mh/s?!!
Dev gains time until May 5, but what if the POS does not work right on May 5?!!
old dev realized the mistake he committed by fixing POW at 7 days while Min Stake is at 21 days! it is not expert in programming. he can do nothing he sold what he had and leave whitecoin bumping against the wall. many think it is saveable.

Could you double check please. Like you said, you didn t look into the code, and yet you wrote all that in what goals?

Minage was set to 2 days and no maxage.

ok! i've checked github to verifiy, and Min age was 28 days! not 21. that's means POS 'll start at May 12 !! Cool

Min age = 2 days that's ll with fixed wallet, with old wallet (still used now Min age = 28 days!!!)

You ve got it wrong again. Cool

minage was 2 days. 28 days is a fix they have tried. I hope that it will not be choosen. Look at the commit and the reverts.

look at the code not at the comments!

old code = current wallet

ffs, this a revert of a fix that the new team have made. Learn to read commits please.

Look at the original commit on the repo. It will be easier on you.

dida

legendary

Activity: 1190

Merit: 1000

SoNiC BooM

Quote from: seattletu on April 30, 2014, 07:02:28 AM

The haters seem to have gone away

...no im a hater and im still here....just want to see this crypto historic epic fail... Grin

You are gonna have dried out bug eyes trying to watch this coin fail. It won't happen. But we are happy you are sticking with your hate instead of giving up like your lessor troll Compadre's Tongue

....now you probably have dried out bug eyes like you
chewing thorium for a week mate...... Grin

gerdab

sr. member

Activity: 686

Merit: 266

Quote from: rudius on May 01, 2014, 03:34:10 PM

Quote from: KryptoKings on May 01, 2014, 11:10:51 AM

i did not watch on wallet code, but as a lot of members think it's ghostcoin copy past , so Min Stake 'd be 21 days.
now we have coin with pow period over on 7 days but with POS cannot starting before 21 days. what's that means? that's means blockchain will be not maintained between 7 and 21 days. dev team try to convince holders to put their hashpower for free (10 wc/block) to maintain the blockchain between 7 -21 days. but the dev cannot explain it clearly. if exchange sites'll blocks deposit/withdrawal for 14 days, the coin'll be dead! also how to maintain blockchain meanwhile the POS phase start (May 5). even, how to avoid 51% attack without a large hashpower during this period?! circulating a rumor that the blockchaine is stable and well secured? securised by 100 Mh/s?!!
Dev gains time until May 5, but what if the POS does not work right on May 5?!!
old dev realized the mistake he committed by fixing POW at 7 days while Min Stake is at 21 days! it is not expert in programming. he can do nothing he sold what he had and leave whitecoin bumping against the wall. many think it is saveable.

Could you double check please. Like you said, you didn t look into the code, and yet you wrote all that in what goals?

Minage was set to 2 days and no maxage.

ok! i've checked github to verifiy, and Min age was 28 days! not 21. that's means POS 'll start at May 12 !! Cool

Min age = 2 days that's ll with fixed wallet, with old wallet (still used now Min age = 28 days!!!)

You ve got it wrong again. Cool

minage was 2 days. 28 days is a fix they have tried. I hope that it will not be choosen. Look at the commit and the reverts.

look at the code not at the comments!

old code = current wallet

joulesbeef

sr. member

Activity: 476

Merit: 250

moOo

Quote from: ?? on ??

Quote from: Alty on May 01, 2014, 11:03:09 AM

Quote from: KryptoKings on May 01, 2014, 11:00:53 AM

Quote from: Alty on May 01, 2014, 10:59:18 AM

I sold Panda before Wolong dumped it.

I'm holding WC but could dump on Cryptsy.

This is a little technical hurdle that will be overcome.

Great time to buy.... Perhaps? ?

Panda never recovered.... as a matter of fact.... all coins named Panda died that day too. Wolong is a "Coin Killa"

Well done. My little furry friend.

You just realised that Panda and WhiteCoin have nothing to do with one and other.

WC can come out on top. We don't rely on one person.

You are right. WC has a strong community backing. WC is likely to recover as BC did from similar mishaps. I have been around this game for awhile and own a good amount of WC. I won't spread FUD but I already have my next few moves planned out as I hope all smart traders do. I will say I am betting on WC to make a come back fast.

WC will recover. I don't expect it to be easy, because many things have gone seriously wrong with this coin. But I see a lot of empathy from devs and a community that was torched together by this story. Panda was never as popular as wc, not even slightly.

WOT? I agree with all that except panda.. or which panda? the woolong panda? This is a different situation but panda got to higher hashes.

rudius

member

Activity: 84

Merit: 10

i did not watch on wallet code, but as a lot of members think it's ghostcoin copy past , so Min Stake 'd be 21 days.
now we have coin with pow period over on 7 days but with POS cannot starting before 21 days. what's that means? that's means blockchain will be not maintained between 7 and 21 days. dev team try to convince holders to put their hashpower for free (10 wc/block) to maintain the blockchain between 7 -21 days. but the dev cannot explain it clearly. if exchange sites'll blocks deposit/withdrawal for 14 days, the coin'll be dead! also how to maintain blockchain meanwhile the POS phase start (May 5). even, how to avoid 51% attack without a large hashpower during this period?! circulating a rumor that the blockchaine is stable and well secured? securised by 100 Mh/s?!!
Dev gains time until May 5, but what if the POS does not work right on May 5?!!
old dev realized the mistake he committed by fixing POW at 7 days while Min Stake is at 21 days! it is not expert in programming. he can do nothing he sold what he had and leave whitecoin bumping against the wall. many think it is saveable.

Could you double check please. Like you said, you didn t look into the code, and yet you wrote all that in what goals?

Minage was set to 2 days and no maxage.

ok! i've checked github to verifiy, and Min age was 28 days! not 21. that's means POS 'll start at May 12 !! Cool

Min age = 2 days that's ll with fixed wallet, with old wallet (still used now Min age = 28 days!!!)

You ve got it wrong again. Cool

minage was 2 days. 28 days is a fix they have tried. I hope that it will not be choosen. Look at the commit and the reverts.

altcoinherald

full member

Activity: 126

Merit: 100

Bittrex shut down WhiteCoin and announced it at 1:16AM. https://twitter.com/richiela/status/461781261929832448

MintPal confirmed and then Poloniex followed suit. The double spend could be a huge source of loss for any of those exchanges. I'm sure they have to take every precaution to make sure this doesn't happen again.

Richie Lai of Bittrex told people in the 'Foundation' chatroom this news and it was not well received.

gerdab

sr. member

Activity: 686

Merit: 266

Quote from: cleanbaldy on May 01, 2014, 02:51:54 PM

i did not watch on wallet code, but as a lot of members think it's ghostcoin copy past , so Min Stake 'd be 21 days.
now we have coin with pow period over on 7 days but with POS cannot starting before 21 days. what's that means? that's means blockchain will be not maintained between 7 and 21 days. dev team try to convince holders to put their hashpower for free (10 wc/block) to maintain the blockchain between 7 -21 days. but the dev cannot explain it clearly. if exchange sites'll blocks deposit/withdrawal for 14 days, the coin'll be dead! also how to maintain blockchain meanwhile the POS phase start (May 5). even, how to avoid 51% attack without a large hashpower during this period?! circulating a rumor that the blockchaine is stable and well secured? securised by 100 Mh/s?!!
Dev gains time until May 5, but what if the POS does not work right on May 5?!!
old dev realized the mistake he committed by fixing POW at 7 days while Min Stake is at 21 days! it is not expert in programming. he can do nothing he sold what he had and leave whitecoin bumping against the wall. many think it is saveable.

Could you double check please. Like you said, you didn t look into the code, and yet you wrote all that in what goals?

Minage was set to 2 days and no maxage.

ok! i've checked github to verifiy, and Min age was 28 days! not 21. that's means POS 'll start at May 12 !! Cool

Min age = 2 days that's ll with fixed wallet, with old wallet (still used now Min age = 28 days!!!)

kapaZ

newbie

Activity: 27

Merit: 0

Quote from: evi_stale on May 01, 2014, 01:15:03 PM

Quote from: cleanbaldy on May 01, 2014, 12:36:06 PM

So, while you all bicker and yell and panic like little children,

MintPal just released an update. Wasn't as big of an issue as they thought. Trading will be back open soon, but your WC wallets are now unlocked if you wish to withdraw/deposit.

Some simple advice I have for every one here posting ridiculously stupid stuff. STOP BEING IDIOTS.

For this advice, i accept donations (In WC of course): WfnVJPxX5Ms8D3oqRnGMVvWKWxuRCxoULN

FROM: http://www.cryptoarticles.com/crypto-news/2014/4/30/whitecoin-deposits-withdrawals-resumed-on-mintpal

WhiteCoin Deposits & Withdrawals Resumed on MintPal

April 30, 2014/JP Buntinx (May 1st for most of the world)

Even though we are still waiting on the updated WhiteCoin client as users, MintPal (and I assume Cryptsy as well) have resumed deposits and withdrawals on their exchanges. This should indicate they have received the updated WhiteCoin client already.

Despite what everyone, including myself, expected, there wasn’t a big WhiteCoin dump at all. Even though you could understand how a lot of people might lose faith after the recent debacle, I’m glad to see people are not giving up just yet.

In fact, the resuming of WhiteCoin depositing and withdrawing on MintPal has actually lead to a price increase. Over the past 24 hours, the WhiteCoin value increased by over 40%, and is nearing the 1,000 Satoshi mark again.

From what we heard about the “user” WhiteCoin client, there could be a small delay in distribution. We have not received an exact ETA yet, but users do not need to worry, as we will all get it when it’s ready.

Like we stressed yesterday, quality work takes time and needs proper testing. First we have to make sure the exchanges don’t run into any issues, and after that, the rest of us can upgrade their clients too without a problem.

We will keep you updated as we receive more news.

Where did you get this oinformation from? Can't find anything on Mintpal twitter. Also Mintpal claims that it is Whitecoin issue and not a Mintpal problem.

Seriously? Please stop wasting my time and everyone elses. The wallets are CLEARLY unlocked at MintPal. Just log in and look.

No, trading has not been re-established on MintPal. It is open on Crypsty and Bittrex and possibly others.

https://twitter.com/MintPalExchange/statuses/461444859631788033

Seriously? It's on their Twitter. I even put a link above, to the other article, from my original post.

Again, here is my WC tip account for giving you accurate information, without adding FUD or nonsense. Please stop posting up without spending at least 5 seconds thinking about your comment first. OK?

WfnVJPxX5Ms8D3oqRnGMVvWKWxuRCxoULN

cleanbaldy you got a special account at mintpal?
think 5 seconds before you post anything pls, so you don't waste ppl time.....
i'm accepting a donation from you only you, since you don't know what you talking about....
this is not fud, but facts, everyday new problem with this coin, that's why mintpal closed wc again, after your donation I can explain you the rest.....
test it yourself instead of saying.....
btw why would mintpal unlock wallets and leave trading closed? so ppl could trade on other exchanges?
they look much more smarter then that

rudius

member

Activity: 84

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