Topic: [ANN][X11][PoS only] NinjaCoin - Ninja Launch - Hard fork 1.2.2 - page 20. (Read 69068 times)

Quote from: JohnBirco on June 16, 2014, 11:36:40 AM

Quote from: cecilbdemented on June 16, 2014, 11:22:56 AM

I compiled the new source code on my Mac. Deleted all files except wallet.dat and reopened, but it seems to be stuck on block 14000.

Yes, this is what must be done. Just KEEP YOUR WALLET.DAT and remove everything else.
Start the new wallet and we are on block 14000, or maybe 1 or 2 more.

Bittrex and pools should update, we are on a new fork. All what has been done after block 13999 is cancelled, don't panic.

This is an unfortunate case where the dev screwed up and/or screwed us all.

We will NOT be taking a fork of this coin. The damage is already done here. Our systems worked as designed and our balances match including checking the moneysupply. I would like to remind everyone that Bittrex is an exchange. Our responsibility is to ensure that when you trade xxx A for yyy B, that it happens safely. We do not police what is being traded.

Again, we will not be taking a new wallet or fork of this coin. The damage done is irreparable and would have been after the first trade. The market will remain open and we will let this die its natural death like so many coins before it.

Thanks
richie@bittrex

So, in this words, You want to say that this situation can happen with any coin on Bittrex and You don't care about that?

Yeah, this can happen with any coin on Bittrex or not on Bittrex-- part of the risk of cryptocurrencies, such as they are. If you don't like exposing yourself to risks like these, you don't have to mine, invest, or trade.

I'm sure Bittrex cares that this happened, but it's not their responsibility. Their responsibility is to let you execute trades in a reliable way, not to take on any of the risks involved when you do that.

In the particular case of NJA, nobody at Bittrex could have known any sooner than anyone else that the oversupply was a mistake, a planned surprise by the dev, a coordinated scam, or whatever. It is not Bittrex's job to police the code of each new shitcoin beyond initial due diligence to see whether it's worth providing a marketplace for trading, and maintaining the flow of that trading.

I know what is responsibility, but i see that Bittrex have own interpretation of responsibility.

Why Bittrex didn't stop trading when on market comes such HUGE deposits? This is control of deposits? In my interpretation of responsibility this is mistake! HUGE mistake of Bittrex.

Bittrex has nothing to do with this. They were doing what they are meant to be exchanging that's all. Dev fucked up the POS and greedy users fucked up the price. Blame them bittrex should not be blamed in this situation. There is no exchange from the ones i know that would be prepared for such a fuckup

Exactly If people weren't so greedy that they actually went to bittrex with their obviously bad/mistake coins to sell them and screw us all.

as much as I'm pissed about the f#ck up in the code/math of pos by the dev... the a$$holes who knowingly sold their bad coins on bittrex are the real con artists here.

anywho I'll keep my eye open for a working windows wallet fix, we could always get on allcoins or somewhere after dust settles and we know everything's fixed.

badam

hero member

Activity: 770

Merit: 500

Quote from: kryptologist on June 16, 2014, 12:51:55 PM

I am not just blaming Bittrex. Obviously the developer scammed a bunch of people. My problem with Bittrex is this:

At the time of adding a new coin on the exchange, you can also add a value in the database for the max total supply of coins. You can then use this to detect if there are more coins on the exchange than there should be total supply. If this is detected the market is immediately suspended. It would be a very simple check and could be implemented with little effort.

Can someone from Bittrex please explain why they can't do this or if it will be implemented in the future?

For now I have removed all my funds on Bittrex.

Thanks

There is no max value for ninjacoin. Max value is only for pow. After pow it is generated pos blocks. And again this issue never happened before nobody could prepare for such.

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

Quote from: coiner5 on June 16, 2014, 12:51:28 PM

Quote from: badam on June 16, 2014, 12:42:33 PM

Quote from: bittick on June 16, 2014, 12:38:23 PM

Quote from: zsnorbi on June 16, 2014, 12:44:59 PM

bittrex should change the walet to the new fork and allow users that had valid coins before all this shit happen withdraw safely to the new wallets. Why is this so hard to do?

Because the forked wallet removes millions of coins that were already sold. Some people bought for several btc and their coins would be lost from bittrex.

the coins they bought are invalid anyway now, what are they gonna do with them? At least give a chance to withdraw valid coins dammit

Nobody knew that those are invalid. We knew it only when the price hit 1-2 sat. I think they should remove the coin as it is. The coin is dead:(. Never keep your coins in exchange wallets.

The coins were not invalid. The source code and those on the network running it decide how many coins there are, who owns them, etc. Ninjacoin operated exactly as it was intended to do. How it was intended to operate may have been different from what you and everyone else (except the dev) expected, but that is a interpersonal issue not a technical one.

If you had your wallet open and were staking, your client was complicit in the inflation of the moneysupply. Your client agreed on the new higher number, your client validated the new blocks, etc.

which was not supposed to happen in such amounts, hence, coins are invalid.

kotwica666

legendary

Activity: 2282

Merit: 1035

Quote from: kotwica666 on June 16, 2014, 12:41:08 PM

Quote from: notsofast on June 16, 2014, 12:23:11 PM

Quote from: kotwica666 on June 16, 2014, 12:12:52 PM

Quote from: JohnBirco on June 16, 2014, 11:36:40 AM

Quote from: cecilbdemented on June 16, 2014, 11:22:56 AM

I compiled the new source code on my Mac. Deleted all files except wallet.dat and reopened, but it seems to be stuck on block 14000.

Yes, this is what must be done. Just KEEP YOUR WALLET.DAT and remove everything else.
Start the new wallet and we are on block 14000, or maybe 1 or 2 more.

Bittrex and pools should update, we are on a new fork. All what has been done after block 13999 is cancelled, don't panic.

This is an unfortunate case where the dev screwed up and/or screwed us all.

We will NOT be taking a fork of this coin. The damage is already done here. Our systems worked as designed and our balances match including checking the moneysupply. I would like to remind everyone that Bittrex is an exchange. Our responsibility is to ensure that when you trade xxx A for yyy B, that it happens safely. We do not police what is being traded.

Again, we will not be taking a new wallet or fork of this coin. The damage done is irreparable and would have been after the first trade. The market will remain open and we will let this die its natural death like so many coins before it.

Thanks
richie@bittrex

So, in this words, You want to say that this situation can happen with any coin on Bittrex and You don't care about that?

Yeah, this can happen with any coin on Bittrex or not on Bittrex-- part of the risk of cryptocurrencies, such as they are. If you don't like exposing yourself to risks like these, you don't have to mine, invest, or trade.

I'm sure Bittrex cares that this happened, but it's not their responsibility. Their responsibility is to let you execute trades in a reliable way, not to take on any of the risks involved when you do that.

In the particular case of NJA, nobody at Bittrex could have known any sooner than anyone else that the oversupply was a mistake, a planned surprise by the dev, a coordinated scam, or whatever. It is not Bittrex's job to police the code of each new shitcoin beyond initial due diligence to see whether it's worth providing a marketplace for trading, and maintaining the flow of that trading.

I know what is responsibility, but i see that Bittrex have own interpretation of responsibility.

Why Bittrex didn't stop trading when on market comes such HUGE deposits? This is control of deposits? In my interpretation of responsibility this is mistake! HUGE mistake of Bittrex.

Bittrex has nothing to do with this. They were doing what they are meant to be exchanging that's all. Dev fucked up the POS and greedy users fucked up the price. Blame them bittrex should not be blamed in this situation. There is no exchange from the ones i know that would be prepared for such a fuckup

Bittrex has nothing to do with this? So where I'v been trading? "They were doing.." - doing not enough! ONE MORE TIME:

Why Bittrex didn't stop trading when on market comes such HUGE deposits?

kryptologist

hero member

Activity: 714

Merit: 500

@kryptographer

I am not just blaming Bittrex. Obviously the developer scammed a bunch of people. My problem with Bittrex is this:

At the time of adding a new coin on the exchange, you can also add a value in the database for the max total supply of coins. You can then use this to detect if there are more coins on the exchange than there should be total supply. If this is detected the market is immediately suspended. It would be a very simple check and could be implemented with little effort. In fact you could check this value with the network and suspend the market even before all those coins got put on the exchange. So I believe Bittrex could have caught this if they had better checks. I am not blaming Bittrex, I am blaming the developer but saying that Bittrex should be able to catch these things.

Can someone from Bittrex please explain why they can't do this or if it will be implemented in the future?

For now I have removed all my funds on Bittrex.

Thanks

coiner5

newbie

Activity: 16

Merit: 0

Quote from: badam on June 16, 2014, 12:42:33 PM

Quote from: bittick on June 16, 2014, 12:38:23 PM

Quote from: kryptologist on June 16, 2014, 12:34:07 PM

bittrex should change the walet to the new fork and allow users that had valid coins before all this shit happen withdraw safely to the new wallets. Why is this so hard to do?

Because the forked wallet removes millions of coins that were already sold. Some people bought for several btc and their coins would be lost from bittrex.

the coins they bought are invalid anyway now, what are they gonna do with them? At least give a chance to withdraw valid coins dammit

Nobody knew that those are invalid. We knew it only when the price hit 1-2 sat. I think they should remove the coin as it is. The coin is dead:(. Never keep your coins in exchange wallets.

The coins were not invalid. The source code and those on the network running it decide how many coins there are, who owns them, etc. Ninjacoin operated exactly as it was intended to do. How it was intended to operate may have been different from what you and everyone else (except the dev) expected, but that is a interpersonal issue not a technical one.

If you had your wallet open and were staking, your client was complicit in the inflation of the moneysupply. Your client agreed on the new higher number, your client validated the new blocks, etc.

badon420

full member

Activity: 159

Merit: 100

abaddon

Quote from: coiner5 on June 16, 2014, 12:29:43 PM

Some quick facts:

- The moneysupply is decided by the network. There is no fixed number for Bittrex to compare against. The moneysupply went up due to the dev's trojan, and if Bittrex checked against the moneysupply they would have been checking against the new huge number, just like everyone else on the network.

- Check the github tree. The new 1.2.0 release was not submitted as a patch, the entire repo was replaced. This was certainly intentional to try to make it harder to see what changed. Both to hide how obvious the original trojan was, and probably to hide the new trojan that was added in 1.2.0. There is likely no "correct" or "clean" fork, just a choice between two trojanned forks.

- The 1.2.0 release was committed by linked67, not the original dev. Interesting. Maybe he forgot to sign out of his real account and into his shill account.

- I lost money on this coin, but I don't blame Bittrex one bit. They allowed people to buy and sell Ninjacoin, that is their role as an exchange. Ninjacoin was a shitty trojanned product and there should have been no buyers, but lots of people bought anyway. It's like blaming NYSE because Enron when bust. Bittrex didn't force you to buy a shitty coin, they just gave you the opportunity to make a poor decision. And in this case the source code was even out there for anyone to review and nobody did.

In summary if you bought this coin you bought a coin that was publicly designed to inflate the money supply at block 14000. Bittrex allowed you to do that. Congratulations on your purchase, next time you'll be more cautious about what you buy. I know I will.

I'm not affiliated with Bittrex, just pointing out some facts. Your hatred should be directed at the dev.

So you have to investigate the code of every coin that you buy? I'd rather trade on Polo and feel secure the code has been reviewed/

Spoken like a true butt hurt nerd. GET REKT!

zsnorbi

hero member

Activity: 686

Merit: 500

Quote from: kotwica666 on June 16, 2014, 12:41:08 PM

Quote from: notsofast on June 16, 2014, 12:23:11 PM

Quote from: kotwica666 on June 16, 2014, 12:12:52 PM

Quote from: JohnBirco on June 16, 2014, 11:36:40 AM

Quote from: cecilbdemented on June 16, 2014, 11:22:56 AM

I compiled the new source code on my Mac. Deleted all files except wallet.dat and reopened, but it seems to be stuck on block 14000.

Yes, this is what must be done. Just KEEP YOUR WALLET.DAT and remove everything else.
Start the new wallet and we are on block 14000, or maybe 1 or 2 more.

Bittrex and pools should update, we are on a new fork. All what has been done after block 13999 is cancelled, don't panic.

This is an unfortunate case where the dev screwed up and/or screwed us all.

We will NOT be taking a fork of this coin. The damage is already done here. Our systems worked as designed and our balances match including checking the moneysupply. I would like to remind everyone that Bittrex is an exchange. Our responsibility is to ensure that when you trade xxx A for yyy B, that it happens safely. We do not police what is being traded.

Again, we will not be taking a new wallet or fork of this coin. The damage done is irreparable and would have been after the first trade. The market will remain open and we will let this die its natural death like so many coins before it.

Thanks
richie@bittrex

So, in this words, You want to say that this situation can happen with any coin on Bittrex and You don't care about that?

Yeah, this can happen with any coin on Bittrex or not on Bittrex-- part of the risk of cryptocurrencies, such as they are. If you don't like exposing yourself to risks like these, you don't have to mine, invest, or trade.

I'm sure Bittrex cares that this happened, but it's not their responsibility. Their responsibility is to let you execute trades in a reliable way, not to take on any of the risks involved when you do that.

In the particular case of NJA, nobody at Bittrex could have known any sooner than anyone else that the oversupply was a mistake, a planned surprise by the dev, a coordinated scam, or whatever. It is not Bittrex's job to police the code of each new shitcoin beyond initial due diligence to see whether it's worth providing a marketplace for trading, and maintaining the flow of that trading.

I know what is responsibility, but i see that Bittrex have own interpretation of responsibility.

Why Bittrex didn't stop trading when on market comes such HUGE deposits? This is control of deposits? In my interpretation of responsibility this is mistake! HUGE mistake of Bittrex.

Bittrex has nothing to do with this. They were doing what they are meant to be exchanging that's all. Dev fucked up the POS and greedy users fucked up the price. Blame them bittrex should not be blamed in this situation. There is no exchange from the ones i know that would be prepared for such a fuckup

JohnBirco

newbie

Activity: 42

Merit: 0

Quote from: coiner5 on June 16, 2014, 12:29:43 PM

Some quick facts:

- The moneysupply is decided by the network. There is no fixed number for Bittrex to compare against. The moneysupply went up due to the dev's trojan, and if Bittrex checked against the moneysupply they would have been checking against the new huge number, just like everyone else on the network.

- Check the github tree. The new 1.2.0 release was not submitted as a patch, the entire repo was replaced. This was certainly intentional to try to make it harder to see what changed. Both to hide how obvious the original trojan was, and probably to hide the new trojan that was added in 1.2.0. There is likely no "correct" or "clean" fork, just a choice between two trojanned forks.

- The 1.2.0 release was committed by linked67, not the original dev. Interesting. Maybe he forgot to sign out of his real account and into his shill account.

- I lost money on this coin, but I don't blame Bittrex one bit. They allowed people to buy and sell Ninjacoin, that is their role as an exchange. Ninjacoin was a shitty trojanned product and there should have been no buyers, but lots of people bought anyway. It's like blaming NYSE because Enron when bust. Bittrex didn't force you to buy a shitty coin, they just gave you the opportunity to make a poor decision. And in this case the source code was even out there for anyone to review and nobody did.

In summary if you bought this coin you bought a coin that was publicly designed to inflate the money supply at block 14000. Bittrex allowed you to do that. Congratulations on your purchase, next time you'll be more cautious about what you buy. I know I will.

I'm not affiliated with Bittrex, just pointing out some facts. Your hatred should be directed at the dev.

Where hav you see a trojan Huh

? I can bet a lot of people have previous source on there computer and can compare.
If i have make new release instead of patch on github, it's to hide the changes i make on the UI wallet. To make it more hard for chinese copy/paster to replicate me.

The PoS bug was just a "/COIN" missing in the maths, not a trojan. If you don't know from what you speak, please shut up !

badam

hero member

Activity: 770

Merit: 500

Quote from: bittick on June 16, 2014, 12:38:23 PM

Quote from: notsofast on June 16, 2014, 12:23:11 PM

bittrex should change the walet to the new fork and allow users that had valid coins before all this shit happen withdraw safely to the new wallets. Why is this so hard to do?

Because the forked wallet removes millions of coins that were already sold. Some people bought for several btc and their coins would be lost from bittrex.

the coins they bought are invalid anyway now, what are they gonna do with them? At least give a chance to withdraw valid coins dammit

Nobody knew that those are invalid. We knew it only when the price hit 1-2 sat. I think they should remove the coin as it is. The coin is dead:(. Never keep your coins in exchange wallets.

kotwica666

legendary

Activity: 2282

Merit: 1035

Quote from: kotwica666 on June 16, 2014, 12:12:52 PM

Quote from: JohnBirco on June 16, 2014, 11:36:40 AM

Quote from: cecilbdemented on June 16, 2014, 11:22:56 AM

I compiled the new source code on my Mac. Deleted all files except wallet.dat and reopened, but it seems to be stuck on block 14000.

Yes, this is what must be done. Just KEEP YOUR WALLET.DAT and remove everything else.
Start the new wallet and we are on block 14000, or maybe 1 or 2 more.

Bittrex and pools should update, we are on a new fork. All what has been done after block 13999 is cancelled, don't panic.

This is an unfortunate case where the dev screwed up and/or screwed us all.

We will NOT be taking a fork of this coin. The damage is already done here. Our systems worked as designed and our balances match including checking the moneysupply. I would like to remind everyone that Bittrex is an exchange. Our responsibility is to ensure that when you trade xxx A for yyy B, that it happens safely. We do not police what is being traded.

Again, we will not be taking a new wallet or fork of this coin. The damage done is irreparable and would have been after the first trade. The market will remain open and we will let this die its natural death like so many coins before it.

Thanks
richie@bittrex

So, in this words, You want to say that this situation can happen with any coin on Bittrex and You don't care about that?

Yeah, this can happen with any coin on Bittrex or not on Bittrex-- part of the risk of cryptocurrencies, such as they are. If you don't like exposing yourself to risks like these, you don't have to mine, invest, or trade.

I'm sure Bittrex cares that this happened, but it's not their responsibility. Their responsibility is to let you execute trades in a reliable way, not to take on any of the risks involved when you do that.

In the particular case of NJA, nobody at Bittrex could have known any sooner than anyone else that the oversupply was a mistake, a planned surprise by the dev, a coordinated scam, or whatever. It is not Bittrex's job to police the code of each new shitcoin beyond initial due diligence to see whether it's worth providing a marketplace for trading, and maintaining the flow of that trading.

I know what is responsibility, but i see that Bittrex have own interpretation of responsibility.

Why Bittrex didn't stop trading when on market comes such HUGE deposits? This is control of deposits? In my interpretation of responsibility this is mistake! HUGE mistake of Bittrex.

followtheboss

full member

Activity: 126

Merit: 100

This is an unfortunate case where the dev screwed up and/or screwed us all.

We will NOT be taking a fork of this coin. The damage is already done here. Our systems worked as designed and our balances match including checking the moneysupply. I would like to remind everyone that Bittrex is an exchange. Our responsibility is to ensure that when you trade xxx A for yyy B, that it happens safely. We do not police what is being traded.

Again, we will not be taking a new wallet or fork of this coin. The damage done is irreparable and would have been after the first trade. The market will remain open and we will let this die its natural death like so many coins before it.

Thanks
richie@bittrex

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

bittrex should change the walet to the new fork and allow users that had valid coins before all this shit happen withdraw safely to the new wallets. Why is this so hard to do?

Because the forked wallet removes millions of coins that were already sold. Some people bought for several btc and their coins would be lost from bittrex.

the coins they bought are invalid anyway now, what are they gonna do with them? At least give a chance to withdraw valid coins dammit

badam

hero member

Activity: 770

Merit: 500

Quote from: coiner5 on June 16, 2014, 12:29:43 PM

bittrex should change the walet to the new fork and allow users that had valid coins before all this shit happen withdraw safely to the new wallets. Why is this so hard to do?

Because the forked wallet removes millions of coins that were already sold. Some people bought for several btc and their coins would be lost from bittrex.

kryptologist

hero member

Activity: 714

Merit: 500

@kryptographer

Some quick facts:

- The moneysupply is decided by the network. There is no fixed number for Bittrex to compare against. The moneysupply went up due to the dev's trojan, and if Bittrex checked against the moneysupply they would have been checking against the new huge number, just like everyone else on the network.

- Check the github tree. The new 1.2.0 release was not submitted as a patch, the entire repo was replaced. This was certainly intentional to try to make it harder to see what changed. Both to hide how obvious the original trojan was, and probably to hide the new trojan that was added in 1.2.0. There is likely no "correct" or "clean" fork, just a choice between two trojanned forks.

- The 1.2.0 release was committed by linked67, not the original dev. Interesting. Maybe he forgot to sign out of his real account and into his shill account.

- I lost money on this coin, but I don't blame Bittrex one bit. They allowed people to buy and sell Ninjacoin, that is their role as an exchange. Ninjacoin was a shitty trojanned product and there should have been no buyers, but lots of people bought anyway. It's like blaming NYSE because Enron when bust. Bittrex didn't force you to buy a shitty coin, they just gave you the opportunity to make a poor decision. And in this case the source code was even out there for anyone to review and nobody did.

In summary if you bought this coin you bought a coin that was publicly designed to inflate the money supply at block 14000. Bittrex allowed you to do that. Congratulations on your purchase, next time you'll be more cautious about what you buy. I know I will.

I'm not affiliated with Bittrex, just pointing out some facts. Your hatred should be directed at the dev.

So you have to investigate the code of every coin that you buy? I'd rather trade on Polo and feel secure the code has been reviewed/

bittick

hero member

Activity: 2296

Merit: 506

Cryptocasino.com

bittrex should change the walet to the new fork and allow users that had valid coins before all this shit happen withdraw safely to the new wallets. Why is this so hard to do?

fonzerrellie

legendary

Activity: 1190

Merit: 1000

Kaspa

wow I had the OG wallet, woke up and saw that I had received millions of coins in pos for the 5000 I had sitting in the wallet. Huh

really you people were getting crazy and obviously wrong amounts in your pos and instead of warning people and dev so it can be fixed you were trying to sell it on bittrex... f#ck'n DIRTY BURGERS. lol but ya blame bittrex for the ninjas selling their obviously mistake pos "golf clap" for dirty ninjas

anywho if dev gets rid of everyone crazy pos returns and gets the coin volume back to what it should be theres a chance it can be saved.

is there an updated windows wallet that actualy works ? the one on the op just crash's instantly

kryptologist

hero member

Activity: 714

Merit: 500

@kryptographer

Quote from: richiela on June 16, 2014, 12:14:45 PM

Quote from: kryptologist on June 16, 2014, 12:07:31 PM