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Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1044. (Read 9723733 times)

donator
Activity: 3136
Merit: 1167
37% socialized haircut

they are going to make USD and ETH holders lose money to stock up with BTC
bitfinex is now buying bitcoins

some USD holders are going to make a big stink about that as it probably isn't legal without bankruptcy I imagine

bitfinex hack analytics full dump - Pastebin.com

so 750+ accounts hacked
top score 1175 btc
there's a stop at 10 btc on the list, so it's unclear if those got cleared out as well

Edit:

legendary
Activity: 1288
Merit: 1000
Latest update regarding Bitfinex hack :

https://bitfinex.statuspage.io/

Quote
Monitoring - Interim Announcement
August 6, 2016

Following the theft on August 2nd, the Bitfinex team has been working tirelessly towards bringing the platform back online in a secure and controlled manner. We have finalized the accounting of losses incurred and are currently coordinating strategic plans for compensating customers.

We intend to come online within 24-48 hours with limited platform functionality. Additional announcements will be made as we progressively enable more platform features and return to full operations. We appreciate that our customers and the public want this handled quickly, but it needs to be done a way in which all assets are secure and immune from vulnerabilities. Every resource is being leveraged to make that happen in a safe and optimal way.

As disclosed in earlier announcements, all withdrawals, open orders, and open funding offers have been cancelled and all financed positions have been settled. Exact settlement prices were published on August 3rd.

After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets. This is the closest approximation to what would happen in a liquidation context. Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067%. In a later announcement we will explain in full detail the methodology used to compute these losses.

We are actively discussing various strategic options with numerous potential investors as part of our strategy to fully compensate our customers. Such discussions, however, are in early stages and will likely take time to play out. In the meantime, In place of the loss in each wallet, we are crediting a token labeled BFX to record each customer’s discrete losses. Tokens will be distributed without release or waiver. The BFX tokens will remain outstanding until redeemed in full by Bitfinex or possibly exchanged—upon the creditor’s request and Bitfinex’s acceptance—for shares of iFinex Inc. We are still sorting out many details on this; we will post further updates in the coming days.

Thank you for your continued patience and for the many generous offers of support that we have received over the last several days. Notwithstanding this attack, we continue to believe in the possibilities associated with bitcoin. We will continue to update our customers and the public as and when we can.
Aug 6, 16:02 UTC

it seems a fair solution

I'm not sure I agree it's fair. (yes it's better than a 100% loss =)
They made benefice during years, they have to pay!

Anyway I think nobody will still trade there.

EDIT: Didn't read well the end Smiley ok they'll try to compensate, but if faith is lose and nobody or few trade there, it'll be hard :/
legendary
Activity: 2548
Merit: 1245
Latest update regarding Bitfinex hack :

https://bitfinex.statuspage.io/

Quote
Monitoring - Interim Announcement
August 6, 2016

Following the theft on August 2nd, the Bitfinex team has been working tirelessly towards bringing the platform back online in a secure and controlled manner. We have finalized the accounting of losses incurred and are currently coordinating strategic plans for compensating customers.

We intend to come online within 24-48 hours with limited platform functionality. Additional announcements will be made as we progressively enable more platform features and return to full operations. We appreciate that our customers and the public want this handled quickly, but it needs to be done a way in which all assets are secure and immune from vulnerabilities. Every resource is being leveraged to make that happen in a safe and optimal way.

As disclosed in earlier announcements, all withdrawals, open orders, and open funding offers have been cancelled and all financed positions have been settled. Exact settlement prices were published on August 3rd.

After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets. This is the closest approximation to what would happen in a liquidation context. Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067%. In a later announcement we will explain in full detail the methodology used to compute these losses.

We are actively discussing various strategic options with numerous potential investors as part of our strategy to fully compensate our customers. Such discussions, however, are in early stages and will likely take time to play out. In the meantime, In place of the loss in each wallet, we are crediting a token labeled BFX to record each customer’s discrete losses. Tokens will be distributed without release or waiver. The BFX tokens will remain outstanding until redeemed in full by Bitfinex or possibly exchanged—upon the creditor’s request and Bitfinex’s acceptance—for shares of iFinex Inc. We are still sorting out many details on this; we will post further updates in the coming days.

Thank you for your continued patience and for the many generous offers of support that we have received over the last several days. Notwithstanding this attack, we continue to believe in the possibilities associated with bitcoin. We will continue to update our customers and the public as and when we can.
Aug 6, 16:02 UTC

it seems a fair solution
legendary
Activity: 1834
Merit: 1023
Speaking of recent hack, (Bitfinex) a decentralised Exchange should be the solution !

https://bitsquare.io
is a great step in the direction - 1st Dash trades done
(room for improvements is definitely there ; )
legendary
Activity: 1382
Merit: 1002
legendary
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
Heading north.

$10 here we come (again).
Did you say 10$ ? Smiley


Dash Dash (DASH)
$ 10.36 (7.98 %)
0.01801930 BTC (7.61 %)
legendary
Activity: 2688
Merit: 1240
If there are any miners here:

https://dash.suprnova.cc currently has a 0% fee promo Smiley
hero member
Activity: 655
Merit: 500
Heading north.

$10 here we come (again).




To my soul, Dash works better than yoga. Cheesy
legendary
Activity: 1288
Merit: 1000
Heading north.

$10 here we come (again).


sr. member
Activity: 350
Merit: 250
Thank you. I was able to login now, only not to post (try later error).

Do your best Smiley

Fixed. The qhoster image restore left some corrupted tables.
faster than i tought  Grin
sr. member
Activity: 263
Merit: 250
bovine quadruped, professional loafer, dash dev
Thank you. I was able to login now, only not to post (try later error).

Do your best Smiley

Fixed. The qhoster image restore left some corrupted tables.
full member
Activity: 150
Merit: 100
cryptoPag.com
Hey, there.

Is dash.org down? Or is it only for me?

Thanks

It is down here too.

There are some server issues at the moment, MooCowMoo is working on it.

I'm fighting with incompetence at the moment.  Took them 4.5 hours to get back to me with this:

Quote
Hello,
Seems the VPS was not migrated to our new servers. We are checking this for you.

Expect a few (hopefully less) more hours...

I'm in the same boat. I have the same issues in my work

take your time  Smiley

Thank you. I was able to login now, only not to post (try later error).

Do your best Smiley
legendary
Activity: 1779
Merit: 1100
Hey, there.

Is dash.org down? Or is it only for me?

Thanks

It is down here too.

There are some server issues at the moment, MooCowMoo is working on it.

I'm fighting with incompetence at the moment.  Took them 4.5 hours to get back to me with this:

Quote
Hello,
Seems the VPS was not migrated to our new servers. We are checking this for you.

Expect a few (hopefully less) more hours...

I'm in the same boat. I have the same issues in my work

take your time  Smiley
sr. member
Activity: 263
Merit: 250
bovine quadruped, professional loafer, dash dev
Hey, there.

Is dash.org down? Or is it only for me?

Thanks

It is down here too.

There are some server issues at the moment, MooCowMoo is working on it.

I'm fighting with incompetence at the moment.  Took them 4.5 hours to get back to me with this:

Quote
Hello,
Seems the VPS was not migrated to our new servers. We are checking this for you.

Expect a few (hopefully less) more hours...


legendary
Activity: 1092
Merit: 1000
Hey, there.

Is dash.org down? Or is it only for me?

Thanks

It is down here too.

There are some server issues at the moment, MooCowMoo is working on it.
legendary
Activity: 1779
Merit: 1100
Hey, there.

Is dash.org down? Or is it only for me?

Thanks

It is down here too.
full member
Activity: 150
Merit: 100
cryptoPag.com
Hey, there.

Is dash.org down? Or is it only for me?

Thanks
donator
Activity: 3136
Merit: 1167
Triple-Digit Percentage Gains Exist for Dash Early Incentivized Blockchain Users
(Node40 )

http://www.econotimes.com/Triple-Digit-Percentage-Gains-Exist-for-Node40-Users-244083
 Wink

seems like the direct link is not working and you'll get to theire index page ... but you can search there for the link and you'll get to the article ... thanks for posting

weird
it does not work from here but from FB and others it does
 Huh


This search gives a top link that works https://www.google.com/search?q=+http%3A%2F%2Fwww.econotimes.com%2FTriple-Digit-Percentage-Gains-Exist-for-Node40-Users-244083%EF%BB%BF&ie=utf-8&oe=utf-8&client=firefox-b
legendary
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
legendary
Activity: 3444
Merit: 1061
OK thanks.
Why didn't they just restart it ?

I mean i don't have a problem with the early adopter bonus and the guys who are behind it getting a fair share, but this basically is the same like premine ?

Yes that was unfortunate. And we had been harassed like hell because of that. I can understand some people think this is a motive enough to stay away from DASH. Thats a valid option.

However,

- As some fellow members said, we as a community decided not to restart the coin.
- The first weeks the coin was widely distributed, because Darkcoin was a shitcoin with no value at all! (I still have some logs of the exchanges at that time, geez, I wish I bought moar....)  There were no masternodes, no Darksend, no instantX, no governace, nothing. Only a talented and hard-working dev Tongue

The actual value of this coin is because the formidable work the devs and the entire community did since then. For me this enormous amount of development and good work overcome any mistake we did in the past. Thats my choice.

Evan and co. already planned in creating masternodes in the beginning.....that's why they orchestrated the instamine.

taking the loot (instamine) locked in masternodes, earning and deciding votes etc..

locking the instamine (aka premine)..

p.s. i remembered the days when these dash shills are shouting " proudly instamine" in this forum..and then coinmarketcap labelled dash as premined coin...and these shills are full of rage here LOL ... i laughed myself really hard..gives me chuckles to this day  Grin

community? vote? decided?

how many accounts does this accounts in my rat cage have? hhmmm..

https://bitcointalksearch.org/topic/m.13200467

A talented?

- bugs are in place to create an accidental instamine.

- cannot compile windows wallet.

haha  Tongue

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-December/003964.html
Quote
Evan Duffield eduffield82 at gmail.com
Sun Dec 29 18:53:19 UTC 2013
Previous message: [Bitcoin-development] Fees / prio to be confirmed within ....
Next message: [Bitcoin-development] Looking for GREAT C++ developer for   exciting   opportunity in bitcoin space
Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]
Hello,

We’re a startup looking for 1 or 2 really good C++ programmer that is
familiar with the bitcoin internals to help with a for-profit startup.

We will be able to provide more information about the project after signing
a non-compete/non-disclosure agreement. Our coin will be one of the truly
unique coins that are not just a clone of the original Bitcoin code. In
short the project will be a merge-mined altcoin that will provide a very
useful service to the whole crypto-coin ecosystem.

If you have added any features to Bitcoin or related technologies this is a
definite bonus. Please include information about the work you’re done in
the space.

We have detailed plans on how to implement it and the roles we are looking to fill. If interested please email eduffield82 at gmail.com with a description of your work experience and we’ll vett the applications and share our plans to see if you’re interested.

Thanks,

Evan & Kyle
Hawk Financial Group, LLC


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