Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 551. (Read 1356163 times)

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

if you don't like it get the fuck out and stop trying to make FUD

Devs did the right decision.

I have VRC and I support it

RW-Stott

sr. member

Activity: 308

Merit: 250

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

The fact that VRC dev's were so willing to hardfork the coin considering how extremely VAGUE mintpal's statement was... is just ridiculous.

The entire thing smells of scam.

tigerwood0432

hero member

Activity: 493

Merit: 504

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

Ok so now , what coin do you want to promote ? what coin do you want us to invest in ?= please go straight to the point and stop your song

sdmathis

hero member

Activity: 546

Merit: 500

AKA The Rubber Monkey

Quote from: RW-Stott on July 13, 2014, 10:31:31 PM

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

Then invest in another coin.

sdmathis

hero member

Activity: 546

Merit: 500

AKA The Rubber Monkey

Quote from: buy4crypto on July 13, 2014, 10:29:11 PM

Any bank compromised of 2 million USD that was discovered hours later would not be resolved as easy. This is BIG news for the financial industry, and probably annoying to the technology purists who want you to care about there next anon feature, or the paranoid banker people.

This is what a coin will need to break the mold, and current stigmas and go mainstream. I bet on it

You are a complete retard. VRC's dev team's actions have centralized and compromised the integrity of it's blockchain, period. How do you not understand this? What they have chosen to do is in fact a bad thing, not a good thing.

It may be a "lesser of two evils" (though that very is debatable), but it is still evil, nonetheless.

It's a done deal. If you don't like it, you're free to sell your VeriCoin if you own any. Now deal with it.

Celani10

full member

Activity: 173

Merit: 100

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

it was mintpal fault you fucking retarted

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: buy4crypto on July 13, 2014, 10:32:11 PM

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Trust and security is #1. VRC and its devs have shown that this is not a secure coin given their actions.

Shill

newbie

Activity: 57

Merit: 0

Quote from: pnosker on July 13, 2014, 10:19:08 PM

Why are people blaming Vericoin for this? This is 100% Mintpals fault. What really pisses me off is the Vericoin Devs have to fork to save the coin because clearly Mintpal will not cover the losses. FUCK MINTPAL.

This is what Vericoin relies on...

Developers of VRC to fork the chain when a catastrophic event happens. Pathetic.

Only so many computer nerds in the world man, a lot more normal people.

He even used the word "bankster". lol

Celani10

full member

Activity: 173

Merit: 100

Quote from: smoothie on July 13, 2014, 10:14:36 PM

Quote from: pnosker on July 13, 2014, 10:09:41 PM

The fork is complete. I would like to say that we did what we thought is right. We saved the $5M+ invested in VeriCoin by folks like you from becoming worth nothing when the hacker either dumped all of his coin or 51% attacked it.

With that said, we will not be doing this again. It is imperative that you keep your coins off exchanges and safe. We did not do this to "bail out" MintPal but to prevent the coin from being destroyed in an instant.

We have created a bootstrap file which everyone must use until the network is stable. It is located at http://vericoin.info/downloads/bootstrap.dat. We also have changed the p2port from 58684 to 58685. Please adjust your settings as necessary.

We are compiling new windows/mac wallets and will post them when they are complete. The exchanges have the updated code (which is also available on our Github: http://github.com/vericoin/master) and are patching their own stuff and going to be fixing their databases.

Let's hope the rest of the process goes smoothly. Thanks for being patient. I hope we never encounter anything like this again. Please, stake your coins locally on your own wallet so we don't risk having 30% of the coin stolen in a single hack.

This is BULLSHIT.

Now future scams and hacks involving VRC don't get the same treatment? Double standard much? Hypocrite?

Now your trust has gone out the window.

Don't buy the coin then.

Stop trying to make FUD you piece of shit

go do something else with your life.

Everyone report him for trying to make FUD.

Dev was fucking great with community and investors

Bitcoin was also hacked and they made a hardfork in 2011.
Why the fuck do you have btc then?

buy4crypto

sr. member

Activity: 434

Merit: 250

freecrypto.top

Quote from: RW-Stott on July 13, 2014, 10:31:31 PM

Quote from: buy4crypto on July 13, 2014, 10:29:11 PM

Any bank compromised of 2 million USD that was discovered hours later would not be resolved as easy. This is BIG news for the financial industry, and probably annoying to the technology purists who want you to care about there next anon feature, or the paranoid banker people.

This is what a coin will need to break the mold, and current stigmas and go mainstream. I bet on it

You are a complete retard. VRC's dev team's actions have centralized and compromised the integrity of it's blockchain, period. How do you not understand this?

The integrity of the blockchain was preserved by the devs at the request of the community, you will see as we all vote and move to the new chain, The one where a thief is left high and dry, and the community has all its members with 100% funds. Live with it, I don't see why you think theft is going to grow crypto?

And let me be clear I have not 1 fund in MP, but I support the 30% that did, live with it.

buy4crypto

sr. member

Activity: 434

Merit: 250

freecrypto.top

Quote from: smoothie on July 13, 2014, 10:28:52 PM

Why are people blaming Vericoin for this? This is 100% Mintpals fault. What really pisses me off is the Vericoin Devs have to fork to save the coin because clearly Mintpal will not cover the losses. FUCK MINTPAL.

This is what Vericoin relies on...

Developers of VRC to fork the chain when a catastrophic event happens. Pathetic.

Just the opposite, when failures happen due to a third party, they fix it, and don't let thieves steal money.

This is what crypto needs, not pandering to theft.

People like you are a obstacle to your own growth, And you don't even know it.

Only so many computer nerds in the world man, a lot more normal people.

tigerwood0432

hero member

Activity: 493

Merit: 504

Quote from: buy4crypto on July 13, 2014, 10:29:11 PM

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Let's go over it one more time.

They are DEVELOPERS...not central planners who can print more funny munny when a business/bank/exchange fucks up. It isn't there place to do this but obviously they think so.

They are playing with fire by doing this. As far as I am aware I will never use VRC and will always point to this thread for future interested parties in crypto thinking about using VRC.

People need to know that this type of actions can't take place in an honest environment (i.e. non-double-standard).

BLA BLA BLA BLA , DID BLACKCOIN DEVS ASKED YOU WHEN THEY FORKED AND BC PRICES COLLAPSES ? , BC WILL TAKE YEARS TO GO UP AGAIN

RW-Stott

sr. member

Activity: 308

Merit: 250

Any bank compromised of 2 million USD that was discovered hours later would not be resolved as easy. This is BIG news for the financial industry, and probably annoying to the technology purists who want you to care about there next anon feature, or the paranoid banker people.

This is what a coin will need to break the mold, and current stigmas and go mainstream. I bet on it

You are a complete retard. VRC's dev team's actions have centralized and compromised the integrity of it's blockchain, period. How do you not understand this? What they have chosen to do is in fact a bad thing, not a good thing.

It may be a "lesser of two evils" (though that very is debatable), but it is still evil, nonetheless.

blade87

hero member

Activity: 644

Merit: 500

Quote from: nvminer on July 13, 2014, 10:09:13 PM

Why are people blaming Vericoin for this? This is 100% Mintpals fault. What really pisses me off is the Vericoin Devs have to fork to save the coin because clearly Mintpal will not cover the losses. FUCK MINTPAL.

This is what Vericoin relies on...

Developers of VRC to fork the chain when a catastrophic event happens. Pathetic.

They're forking it to save their own. This isn't about MP or the smaller investors. It's about the money that was tied up by a certain few big investors (hence MP having so many coins on the exchange to begin with), which makes the whole scenario even worse.

We're all taking high risks here in crypto. All of our investments could go to nothing overnight, and we know that, but choose to ignore it. But when you have whales that can go into a coin, pump it, and then have their high risk investment go completely south with no consequence, can it get any more rigged than that?

I certainly want my future bailouts on anything I have collapse in crypto.

ofp

member

Activity: 70

Merit: 10

Cryptocurrency is created to be not regulated by authorities, such as countries. What happened to Vericoin today goes against this objective, because it is controlled by an exchange site. Suppose someday a country authority send request to the Vericoin development team about some Vericoin is held by some bad guys and the authority request a hard fork to remove those Vericoins, or send those coins to the country authority, based on what happened, I doubt the team will say no.

Question is not whether devs do it or not.
Question is CAN THEY DO IT?
And the answer is obviously YES, for every single cryptocurrency, IF they get backed by the majority of their miners.
So, all the crypto community will have to deal with this reality.
You should all help to get the right spin in terms of PR.

buy4crypto

sr. member

Activity: 434

Merit: 250

freecrypto.top

How is every BC / DRK / XC person that coming here feeling right now, knowing you are all fighting so hard to take down a crypto with 6 million valuation. Are you all THAT threatened? Upset by thieves being stopped? Like, why do you all stay in this thread without anything to add to the conversation about how to make it better?

Constructive criticism could go a long way in crypto, helping out brothers and sisters in need instead of rubbing salt in the wound. VeriCoin has never as a whole attacked any coin.

We have been attacked from every angle with FUD, and now its an exchange attack with a heavy FUD campaign. They want in on the future of where vericoin is going, people are not stupid. This is so big for blockchain technology being a proven asset to money transfer!

Any bank compromised of 2 million USD that was discovered hours later would not be resolved as easy. This is BIG news for the financial industry, and probably annoying to the technology purists who want you to care about there next anon feature, or the paranoid banker people.

This is what a coin will need to break the mold, and current stigmas and go mainstream. I bet on it

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

I think we need to wait for a technical explanation of what went wrong before we can draw any conclusions. VRC is still very new and enough coins were stolen to greatly affect the community, so the developer was stuck between a rock and a hard place on this one.

The problem is that VRC will now always be associated with this hard fork. The developers need to be clear going forward on what their response will be in the event of future hacks on Mintpal.

The roadmap of this coin still looks great compared to other alts and I think this will be remembered as a minor setback. I am hoping the coin gets dumped so I can purchase more.

Let's go over it one more time.

They are DEVELOPERS...not central planners who can print more funny munny when a business/bank/exchange fucks up. It isn't there place to do this but obviously they think so.

They are playing with fire by doing this. As far as I am aware I will never use VRC and will always point to this thread for future interested parties in crypto thinking about using VRC.

People need to know that this type of actions can't take place in an honest environment (i.e. non-double-standard).

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)