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Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 217. (Read 341960 times)

sr. member
Activity: 266
Merit: 250
the one who bought those 5 mill could resell now and let someone else deal with the orphaned coins lol
sr. member
Activity: 504
Merit: 254
yeh, the problem is that noone is mining. i had my client running with 1 cpu core only and got quite a lot of blocks. therefore its damn easy to attack

same thing here, I was mining on 1 CPU core and god +550 blocks

A coin is supposed to be resistent to attacks with the PoS algorithm. but FUCK, 30 days before first PoS stake come in is DAMN TOO LONG! too much time for an attacker to take over the chain + with 6% yearly... who want's to wait 30 days for .5% return ? tell me Huh
sr. member
Activity: 504
Merit: 254
do not buy FAC, some one sold 5million FAC at 10sotoshi at here WFK https://www.nxt-e.com/default.aspx?m=fac_btc

This is concerning.

Yep it's clear that someone wanted to deliberatly fork the chain and dump on exchange to cash BTC out.

Some people will lose if the exchange don't/didn't block transfers out/markets.

This is my first front row seat of an actual fork attack... it's ugly Sad
legendary
Activity: 868
Merit: 1000
hero member
Activity: 504
Merit: 500
yeh, the problem is that noone is mining. i had my client running with 1 cpu core only and got quite a lot of blocks. therefore its damn easy to attack
member
Activity: 81
Merit: 10
WTF!
1satoshi sell in nxt-e.
500w sell in one hour!
What happened?!!!!!
sr. member
Activity: 406
Merit: 250
Okay its officially dead. Too late
hero member
Activity: 658
Merit: 500
do not buy FAC, some one sold 5million FAC at 10sotoshi at here WFK https://www.nxt-e.com/default.aspx?m=fac_btc

This is concerning.

Most likely scenario for this is that the blockchain gets rolled back, any transactions after the fork will just disappear, everybody's wallet will look like it did immediately before the fork.

Of course, the BTC blockchain will not be rolled back, so those sides of transactions will remain intact.

Looks like a very clever scam utilising the low network hashrate against the coin because there is so little reward for miners,

You can expect this to happen again unless net hash is increased a lot.

Also, don't like the use of the word "if" in the dev's post......
hero member
Activity: 658
Merit: 500
Where's the guy with the glitterbang meme?Huh?
sr. member
Activity: 350
Merit: 250
do not buy FAC, some one sold 5million FAC at 10sotoshi at here WFK https://www.nxt-e.com/default.aspx?m=fac_btc

This is concerning.
sr. member
Activity: 350
Merit: 250
So better to leave coins on eschange or send to wallet?


I can not withdraw FAC from nxt-e.

Because the network has forked. If you withdraw you will lose so they have stopped withdrawals to protect your money.

The Dev will have to create a new wallet and then you can withdraw your coins after the exchange updates their wallet.  

newbie
Activity: 56
Merit: 0
do not buy FAC, some one sold 5million FAC at 10sotoshi at here WFK https://www.nxt-e.com/default.aspx?m=fac_btc
sr. member
Activity: 350
Merit: 250
So better to leave coins on eschange or send to wallet?


Leave on the exchange.
legendary
Activity: 1344
Merit: 1001
So better to leave coins on eschange or send to wallet?


I can not withdraw FAC from nxt-e.
edit, mistake, they was in the sell order Tongue
sr. member
Activity: 532
Merit: 250
So better to leave coins on eschange or send to wallet?
sr. member
Activity: 406
Merit: 250
PHqpBmGrA3V6GqzmyQWEaQTjCMDGfSDbcn
Just letting you guys know we're working on it
can't really say anything at this point

if we do have a fix, we'll need everybody's help. but that's for later
for right now, stay cool Smiley

You guys have pulled off a miracle with the start of the coin... waiting and seeing Smiley
sr. member
Activity: 350
Merit: 250
Dev just confirmed they are fixing it soon, and going to Mintpal tonight

Confirming what exactly? So shouldn't I buy for 10 sat? I will not get what I buy?

Don't listen to me, I should shut up now, probably misinformed. sorry
sr. member
Activity: 406
Merit: 250
You need to do this ASAP, dev. Or else the attacker could essentially edit all the past transactions and reward himself with the coins, deposit into exchanges, withdraw BTC, etc. The possibilities for an attacker are endless at this point.

Hope you know what to do, or else we're fucked for real
legendary
Activity: 1344
Merit: 1001
Dev just confirmed they are fixing it soon, and going to Mintpal tonight

Confirming what exactly? So shouldn't I buy for 10 sat? I will not get what I buy?
member
Activity: 70
Merit: 10
Just letting you guys know we're working on it
can't really say anything at this point

if we do have a fix, we'll need everybody's help. but that's for later
for right now, stay cool Smiley
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