If you look at the history chart for VRC's staking power network-wide, there was a massive drop off of millions in weight when the hack is claimed to have happened. They didn't stake, my ass. Also, the coins were wild out of Mintpal's control for over 10 hours, exchanges were not frozen - yet they sat at the same two withdrawal addresses and did not move at all, and the fork was done the next day. What hacker do you know that wouldn't sell a single coin after stealing it? Mintpal is full of shit. This all looks much more like they lost the coins somehow, perhaps by transferring to an inaccessible address, or overwriting files they shouldn'tve - something. If they lost $2 mil USD, they were facing UK prison - so they tell the VRC devs they got hacked, Nosker is pressured to save his network against the possibility of a single majority-staker, and the userbase for both VRC and Mintpal get to scratch their heads over what the real story is behind all the shadows and bullshit.
One thing is for sure, Mintpal failed due to negligence and/or incompetence, and they're being less than honest about the details of the issue and how they operate their business. Nosker's hand was a bit forced to save his coin, considering the circumstances - but one can't help but wonder what he knew. His argument about throwing up massive sell walls on the exchanges to "help investors" doesn't make much sense to me. Wouldn't he want BTC walls to prevent the price crashing? Seems odd. Anyway, fuck Mintpal, and shame VRC got dragged into it.
See this is the entire point. People are too cool with trusting devs and believing the first story they heard blah blah.
The entire point of crypto is that you don't have to trust anyone. And then you have these Veri bagholders defending and saying they prefer that all the Veri services are centralized cuz they want have a face they can trust.
It's supposed to be open-source, distributed not closed source and under their care. I don't get how more people arent calling this crap out.
Hush ! grown men are talking !
Yes we trust the DEVS !
they have proven time and time again they are legit. Where the hell does it say everything has to be open source ? Since you are in crypto, do you like all the scams and P&D non sense that goes on, For once you get 3 talented devs whom by the way, have shown their faces in public, have done all they could to salvage investors from a robbery and continue to deliver day in and day out. Yet you have the nerves to come here and talk shit.
Now back in your hole !