This event today is not on my roadmap towards this world.
Your roadmap is to FUD other coins since the hype of your coin has no effect.It's like a remake of the "swiftboating" by Little Bush and Co.
Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 522. (Read 1356163 times)
July 14, 2014, 06:20:35 AM
It's like a remake of the "swiftboating" by Little Bush and Co.
July 14, 2014, 06:19:08 AM
We've been alerted that there are a couple of forked chains right now still. Please, for safety of your coins, don't move them yet. We are determining the problem.
You needed to be alerted of this? I expected it the minute the decision was made to roll back.
July 14, 2014, 06:18:41 AM
So far what I get from the FUD is a projection of their own fears at the loss of integrity of their own coins as a result of being shown up by their biggest competitor. Because in reality it seems to be them that experience the loos of integrity, while Vericoin has taken on new followers as a result.
Already watching a few return to the circle. Couple of my friends were very iffy about bitcoin, now they feel they are safe to get in.
Quite funny to watch.
Already watching a few return to the circle. Couple of my friends were very iffy about bitcoin, now they feel they are safe to get in.
Quite funny to watch.
July 14, 2014, 06:18:32 AM
Did they save my investment from harm?
YES
Did the coin show that is safe to put real money into it?
YES
For big investors should i put my money in BTC and let it get robbed or should i put in a coin where the community cares about and its safe VRC?
VRC
from a investors point of view this will say to the markets "HEY I WILL KEEP YOU SAFE NO MATTER WHAT"
BTC also get forked so why this talk? we must be tks otherwise lots of ppl will get is coins stolen.
Kudos to the DEV's and the Community
YES
Did the coin show that is safe to put real money into it?
YES
For big investors should i put my money in BTC and let it get robbed or should i put in a coin where the community cares about and its safe VRC?
VRC
from a investors point of view this will say to the markets "HEY I WILL KEEP YOU SAFE NO MATTER WHAT"
BTC also get forked so why this talk? we must be tks otherwise lots of ppl will get is coins stolen.
Kudos to the DEV's and the Community
July 14, 2014, 06:18:22 AM
Also: why is it that the hacker did nothing to profit from this event?
There are ways they/it/them/he/she could've turned this to advantage.
I don't think they are dumb. Doesn't add up.
It took me a while to realize that in the world of crypto I lose more by listening to Hypers than I do by listening to Fudders.
This fact I find so shameful that I had to create a new forum account.
There are ways they/it/them/he/she could've turned this to advantage.
I don't think they are dumb. Doesn't add up.
It took me a while to realize that in the world of crypto I lose more by listening to Hypers than I do by listening to Fudders.
This fact I find so shameful that I had to create a new forum account.
Ever thought about working to grow a community, rather than try to cut others down?
Its a suggestion to try, maybe you can stop losing money.
I understand you feel passionate about Vericoin and feel that what you are doing by waging forum war against what you presume to be Fudders is a good thing. I have been involved in building crypto community and I know what it feels like when things go wrong.
I will lose a lot of money personally in what happened here today and it saddens me, but I like to think that I am not involved here for short term gain but because I see potential for long term gain for everyone.
Part of that gain is not having to rely on central authorities to protect us.
What this would need is a redesigned system that excludes them and middlemen.
This is why I am interested in crypto.
We can build a world where we don't need middlemen, this would be more efficient and more beneficial for everyone.
This event today is not on my roadmap towards this world.
It maintains the status quo of the old.
We are in a race for survival at the moment where all alternative currencies are competing.
A rollback threatens the existence of the whole race.
I will lose money either way and unfortunately so will you. But more importantly, so will everyone potentially in the long run unless this truly is a once-off event never to be replicated.
July 14, 2014, 06:18:08 AM
Can you see why the Devs MIGHT want to help Mintpal in this situation?
I'll give you a big shiny clue.
It is about trust in Vericoin.
It's about trust in a platform that has Vericoin for sale
It is about being seen to 'do something about it'
It's about not letting the hackers win.
So....to help Mintpal secure their profits and hide that Mintpal fucked everything up, they now destroy the future of the crypto coins?
No, there should be no roll-back.....never!!
July 14, 2014, 06:17:06 AM
Ohhh man... it just occurred to me...
Yes it did created more victims .
P.S : I am not English native
for haters . But as Media Outlet it's my dutty to spread truth and what is done unfair in this industry .
So other then my English problem , even that i speak better then most natives
it's the least one . I hope people realise that this is not the right thing to do for a cryptocurrency eco-system . If you want to stop hackers , secure your god damn exchanges and stop trading on shady exchanges like Mintpal . July 14, 2014, 06:16:00 AM
Like many others, I have a lot of Veri on Mint. The only reason its there, like everyone else, is to trade. No one uses Veri, so a rollback was feasible.
But it might have just fucked crypto in general.
What do you mean, you can rollback Bitcoin? That's what every government around the world will be told. That's what every bank is going to spell out as to why they won't allow crypto.
As soon as possible, I'm dumping my entire holding.
Stupid fucking decision.
But it might have just fucked crypto in general.
What do you mean, you can rollback Bitcoin? That's what every government around the world will be told. That's what every bank is going to spell out as to why they won't allow crypto.
As soon as possible, I'm dumping my entire holding.
Stupid fucking decision.
Bye, where 1 crypto purist leaves, VeriCoin will take in many more mainstream people who wanted to be a part of the blockchain for years, but they could never get comfetorable with all the theft, not the whole centralized, decentralized BS that the purists think is nessisary for survival.
There is a reason bitcoin isn't growing as fast as it could. The purists hold it back trying to make it be something that it doesn't have to be to satisfy there agenda.
VeriCoin just created value for other people who once shied away from crypto due to people demanding that crypto are overcomplicated, and vulnerable.
VeriCoin proved there is a better way and the select few are mad? VeriCoin used the technology to avoid theft and secure its network, and this was bad?
Its irresposible to not use the resources at your disposal the technology allows, ONLY to cater to criminals, and purists. You see how they are close in the same? These people with computer skills want to keep it pure, so that they can control the power for the small %. As crypto grows more mainstream the computer geeks will lose more and more of the power they have. Scared much? VeriCoin proves that if your team is dilligent enough, and cares about its community that things can be done using the technology to strengthen a community and move forward a technology.
When you lose certainty that your transactions are complete and final, you have no financial system.
I admire your attempts at damage limitations. But face the facts. This could screw all crypto royally up the ass.
Or make it grow larger? VeriCoin is the coin showing other developers how its done. They are in the open, 100% public figures who step up to challenges, no matter how tough and make the right descision.
Your telling me that a crypto currency could stop theft, and did it? rather than letting the whole community suffer to prove a point to a exchange that could have likely taken down MANY other major alts??
And you people think this will be so bad for crypto, bring down the whole thing. I am sorry, but I think this is going to be what takes crypto to that next level. Normal people will read news articles being read today and say wow, That vericoin is different, they use the technology to allow payments, and even better yet, if in dire situations, they will defend through technology its currency, like bitcoin and many others in the face of adversity. They did not break, they used the technology prootocols to make the best choice possible.
I 100% support VRC more than ever. And I know a lot of other people respect the shit out of the VRC dev team today. This is bigger news than crypto, this is financial news, Using blockchain to prevent theft and return stability to network. Bring on the media!
July 14, 2014, 06:15:26 AM
We've been alerted that there are a couple of forked chains right now still. Please, for safety of your coins, don't move them yet. We are determining the problem.
July 14, 2014, 06:14:38 AM
July 14, 2014, 06:14:05 AM
Also: why is it that the hacker did nothing to profit from this event?
For the same reasons you are in this thread. 
July 14, 2014, 06:12:24 AM
We agree that this situation looks like PayPal fraud department f**** . Yeah i stop using Paypal for over 1 year since Bitcoin . I have no idea what people say here that PayPal is successful as many bussines understand how much harm they actually do . But did they had any other option till Bitcoin ? No .
Also here is our article : http://247cryptonews.com/vericoin-lack-integrity-bailout-mintpal-mistake/
Not much but we want people to find out how stuff are going on . If i had 30% of vericoin and i have been hacked i bet all my bitcoins that Vericoin Team wouldn't have moved a single finger . We had a few Vericoins , now heading on Bittrex to sold them all . This entire operation it's becoming shady . Oh sh*t can't dump ....bittrex has VRC disable .
Goverment - Bailouts Banks . Vericoin - Bailouts Mintpal
Also here is our article : http://247cryptonews.com/vericoin-lack-integrity-bailout-mintpal-mistake/
Not much but we want people to find out how stuff are going on . If i had 30% of vericoin and i have been hacked i bet all my bitcoins that Vericoin Team wouldn't have moved a single finger . We had a few Vericoins , now heading on Bittrex to sold them all . This entire operation it's becoming shady . Oh sh*t can't dump ....bittrex has VRC disable .
Goverment - Bailouts Banks . Vericoin - Bailouts Mintpal
This is a terrible article. More or less the same shite you spout in here.
Is English your mother tongue? I find it hard to read.
Really.. you call this an article.. the biggest fault you point out with mintpal are that they are script kiddies..ffs.
You then arrive at the conclusion that they are sipping cocktails after ripping us all off!
I couldn't be fucking bothered to point out all the other things wrong with it..
Quote:
"TRADE SAFE & STAY AWAY FROM MINTPAL – Our advices for today !"
Ok, here's some 'Advices' for you.. If you're going to try to write in English, try to learn English first!
Actually just to come back to the whole point.. if your wallet was hacked? it's your problem..
Can you see why the Devs MIGHT want to help Mintpal in this situation?
I'll give you a big shiny clue.
It is about trust in Vericoin.
It's about trust in a platform that has Vericoin for sale
It is about being seen to 'do something about it'
It's about not letting the hackers win.
July 14, 2014, 06:08:53 AM
Also: why is it that the hacker did nothing to profit from this event?
There are ways they/it/them/he/she could've turned this to advantage.
I don't think they are dumb. Doesn't add up.
It took me a while to realize that in the world of crypto I lose more by listening to Hypers than I do by listening to Fudders.
This fact I find so shameful that I had to create a new forum account.
There are ways they/it/them/he/she could've turned this to advantage.
I don't think they are dumb. Doesn't add up.
It took me a while to realize that in the world of crypto I lose more by listening to Hypers than I do by listening to Fudders.
This fact I find so shameful that I had to create a new forum account.
Ever thought about working to grow a community, rather than try to cut others down?
Its a suggestion to try, maybe you can stop losing money.
July 14, 2014, 06:08:36 AM
Like many others, I have a lot of Veri on Mint. The only reason its there, like everyone else, is to trade. No one uses Veri, so a rollback was feasible.
But it might have just fucked crypto in general.
What do you mean, you can rollback Bitcoin? That's what every government around the world will be told. That's what every bank is going to spell out as to why they won't allow crypto.
As soon as possible, I'm dumping my entire holding.
Stupid fucking decision.
But it might have just fucked crypto in general.
What do you mean, you can rollback Bitcoin? That's what every government around the world will be told. That's what every bank is going to spell out as to why they won't allow crypto.
As soon as possible, I'm dumping my entire holding.
Stupid fucking decision.
Bye, where 1 crypto purist leaves, VeriCoin will take in many more mainstream people who wanted to be a part of the blockchain for years, but they could never get comfetorable with all the theft, not the whole centralized, decentralized BS that the purists think is nessisary for survival.
There is a reason bitcoin isn't growing as fast as it could. The purists hold it back trying to make it be something that it doesn't have to be to satisfy there agenda.
VeriCoin just created value for other people who once shied away from crypto due to people demanding that crypto are overcomplicated, and vulnerable.
VeriCoin proved there is a better way and the select few are mad? VeriCoin used the technology to avoid theft and secure its network, and this was bad?
Its irresposible to not use the resources at your disposal the technology allows, ONLY to cater to criminals, and purists. You see how they are close in the same? These people with computer skills want to keep it pure, so that they can control the power for the small %. As crypto grows more mainstream the computer geeks will lose more and more of the power they have. Scared much? VeriCoin proves that if your team is dilligent enough, and cares about its community that things can be done using the technology to strengthen a community and move forward a technology.
When you lose certainty that your transactions are complete and final, you have no financial system.
I admire your attempts at damage limitations. But face the facts. This could screw all crypto royally up the ass.
July 14, 2014, 06:07:33 AM
I am so amused that most of high reputation members try to explain this Vericoin script kiddies fanbase that what VeriCoin did it's wrong . And all inteligent thing they get out of their bain is : " Oh you FUD , FUD , get out of here " . So i guess no matter how much people try to explain that this is wrong and total UNFAIR for all industry , people with a certain lack of inteligence will still be around .
Well let's rollback Bitcoin for MTGox hack then ? Wouldn't ruin Bitcoin integrity at all , no ? It would destroy it and even worst ..the 450-650 $ fall that you saw ? That was little kid vs. All people getting out knowing that Bitcoin Dev's control whenever they want and do whatever they want with the network .
Well let's rollback Bitcoin for MTGox hack then ? Wouldn't ruin Bitcoin integrity at all , no ? It would destroy it and even worst ..the 450-650 $ fall that you saw ? That was little kid vs. All people getting out knowing that Bitcoin Dev's control whenever they want and do whatever they want with the network .
July 14, 2014, 06:07:18 AM
So don't play this supposition that I the devs WOULD do something similar if Bitcoin was in its infancy. I just proved your point wrong.
No, try aiming for when Bitcoin was the same age/distribution as Vericoin, that's the comparable infancy I am talking about and you know that. You're intentionally misrepresenting the facts now just to suit your own agenda.
July 14, 2014, 06:06:37 AM
Developmental issue vs. Business Security Failure.
Worlds apart. Apples and oranges. lol
Worlds apart. Apples and oranges. lol
The solution is still the same even if the event is different. Were Mintpal's breach to have occurred to Bitcoin when it was in its infancy you know damn well it would have been dealt with the same way and everybody would have been cheering the dev team for stopping the thieves in their tracks. Just because the cryptocurrency world is now awash with multiple currencies who all wish to be as successful as VRC has been so far, this thread becomes a target for screaming ignorance and sky-is-falling hysteria.
Nope. MTGOX got hacked in June 2011 (infancy).
BTC-e was hacked in 2012 (infancy).
Neither time did Bitcoin devs roll back anything for those hacks.
Let me name drop on you some huge bitcoin scams that were never rolled back on: MyBitcoin.com, Bitcoinica, PirateAt40's Bitcoin Savings and Trust, ...and those were all in mid 2012 or prior.
So don't play this supposition that I the devs WOULD do something similar if Bitcoin was in its infancy. I just proved your point wrong.
The reason they didn't rolled back BTC was that there were to many legit transactions in between. VRC has most of it's transactions coming from MP. All other exchanges are just hanging on the block. A roll back of this has much less impact then rolling back BTC from the Gox problem.
Who do you think you are to decide how much impact the rollback would have. I bet there are a few gambling sites that take vrc.. what about them, and the private deals ect. This is a joke, VRC is dying as of today and you are a chump.
July 14, 2014, 06:05:59 AM
Also: why is it that the hacker did nothing to profit from this event?
There are ways they/it/them/he/she could've turned this to advantage.
I don't think they are dumb. Doesn't add up.
It took me a while to realize that in the world of crypto I lose more by listening to Hypers than I do by listening to Fudders.
This fact I find so shameful that I had to create a new forum account.
There are ways they/it/them/he/she could've turned this to advantage.
I don't think they are dumb. Doesn't add up.
It took me a while to realize that in the world of crypto I lose more by listening to Hypers than I do by listening to Fudders.
This fact I find so shameful that I had to create a new forum account.
July 14, 2014, 06:05:33 AM
If I was the hacker this is what I would do:
(Hacker take note)
LoL rooting for the criminal.(Hacker take note)
Are you a wannabe criminal or an actual criminal?
Please actually read my post if you are going to quote parts of it.
Also, if you follow anything of what I have said today you will see that I am not rooting for the hacker.
Criminals are a cancer on society.
I do believe that we need a system that can't be hacked in this way though, otherwise it will keep happening.
By saving the exchange we allow its survival and the environment in which this happened.
It is good Mtgox is dead.
If you have cancer on your body, sometimes you need to cut your leg off.
If you just put a bandaid on it, the cancer grows.
..or sometimes the cancer is cured,how did you not know that..^^ Not all people like to loose their coins,some actually prefer to recover them and withdraw it from exchange..let them decide..when Mtgox died,lot of people lost money,so don't say that's a good thing..it's better to take preventive measures.so such a thing doesn't happen again..
July 14, 2014, 06:05:15 AM
...
Perhaps we have just witnessed the death of proof of stake coins - a wallet in an exchange can hold and stake such a large percentage they can execute their own attack on the network. Or someone who can hack and take control of that wallet could kill the coin. Centralized much?
Perhaps we have just witnessed the death of proof of stake coins - a wallet in an exchange can hold and stake such a large percentage they can execute their own attack on the network. Or someone who can hack and take control of that wallet could kill the coin. Centralized much?
There are solution to that 30% attack possible:
Nova coin: Novacoin creators resolved this issue using balanced weighting scheme.
PPC: Centralized checkpoints.
BC : ( PPC + NOVA + own implementation of all in POS2.0 )
NXT: build up to resist 90%+ attacks...
VRC - had rollback to save stake holders asses who left 1/3 of coin in one place and do not let it dump on market that is all
don't join into that shit whole POS family
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