Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 467. (Read 1276916 times)
February 21, 2014, 01:22:33 PM
Yes, I fully intend to restore the BTC/XCP market once everything is resolved, with some new security measures to prevent this happening again even if a similar exploit is discovered.
February 21, 2014, 01:21:35 PM
I know you mean well and recovering the XCP would be good for the community at large.
There is no reason to think that these users knew that there was something malicious going on when they took their gains.
Allow the users to make the choice themselves without being coerced.
There is no reason to think that these users knew that there was something malicious going on when they took their gains.
Allow the users to make the choice themselves without being coerced.
I don't think any user knew that there was something malicious going on when they took their gains (I myself bought some xcp @ 0.002)
but now we do know exactly what happened.
If i understand what you are saying than why don't allow all of poloniex users to make the choice for themselves and don't rollback?
the answer is simple in my opinion - if we can get everything back to where it was before the 35,000 xcp sell that will be the best thing for all users. For clarification i don't think any treats should be used i just think it will be helpful if we knew who we need to speak to in order to get this situation behind us asap.
I totally agree. I just don't want people getitng the wrong ideas
Yes why dont roll back the database to before the dump so the 6100 outstanding XCP are back to where they legitimately belong? (given busoni restores the BTC balances of those that withdrew their 6100 XCP after the dump because they would be out of BTC and XCP)
February 21, 2014, 01:07:53 PM
Okay, people seem to think donations are the best way to go. I agree. I think taxing Poloniex balances or everyone's XCP balances would be disastrous.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
Can we all assume (without obligating you publicly to anything of course), that once the community covers this sum for you, the XCP/BTC trading will be restored on Poloniex?
February 21, 2014, 01:02:16 PM
The development team has extended a 12 BTC reward to the hacker for finding the security flaws, contingent upon returning the missing BTC. We are waiting to hear back.
We have offered these BTC out of our pockets, but, beyond that, we hope the community can pull together to make things right. As a reminder, the donation address for the security bouty is: <14Tf35AovvRVURzd623q5i9kry2EW8WzyL>.
What we do next depends on what the hacker does.
Regarding the discussion on a XCP "tax" or "re-burn", we can state this: The strength of Counterparty's community helps differentiate us from other projects, and it is precisely that strength which makes it clear it is best not to introduce a new burn period.
While the protocol will become more secure and robust as time goes on and our community grows, it is also the case that if there are serious bugs in the future, more people will be affected, and, as a project, Counterparty will have more to lose. Our decisions now will determine how the community evolves, and by demonstrating our collective firmness, we are setting important precedent for the future: those who invest in XCP are investing in a currency with a stable money supply, the integrity of which will be maintained even in difficult circumstances.
Take Bitcoin as an example: there have been times in Bitcoin's history where a serious bug could have been dealt with by, for example, increasing the total number of Bitcoins. If this had happened, would Bitcoin still be seen as an example of stable money supply and good store-of-value?
The seriousness of this bug should not be underplayed, but by taking our growing pains in their stride, we are strengthening Counterparty for the future.
We have offered these BTC out of our pockets, but, beyond that, we hope the community can pull together to make things right. As a reminder, the donation address for the security bouty is: <14Tf35AovvRVURzd623q5i9kry2EW8WzyL>.
What we do next depends on what the hacker does.
Regarding the discussion on a XCP "tax" or "re-burn", we can state this: The strength of Counterparty's community helps differentiate us from other projects, and it is precisely that strength which makes it clear it is best not to introduce a new burn period.
While the protocol will become more secure and robust as time goes on and our community grows, it is also the case that if there are serious bugs in the future, more people will be affected, and, as a project, Counterparty will have more to lose. Our decisions now will determine how the community evolves, and by demonstrating our collective firmness, we are setting important precedent for the future: those who invest in XCP are investing in a currency with a stable money supply, the integrity of which will be maintained even in difficult circumstances.
Take Bitcoin as an example: there have been times in Bitcoin's history where a serious bug could have been dealt with by, for example, increasing the total number of Bitcoins. If this had happened, would Bitcoin still be seen as an example of stable money supply and good store-of-value?
The seriousness of this bug should not be underplayed, but by taking our growing pains in their stride, we are strengthening Counterparty for the future.
Good explanation cityglut! We're all behind you!
Thanks for your great leadership!
Lets donate guys - we all want to put this behind us as quickly as possible!
+1 on this - just give us the wallet already so we could do this in simple fashion (I'm afraid I will kill my HD every time I need to catch up some BTC blocks
). February 21, 2014, 01:02:01 PM
was the bug actually fixed with the 0.6 client?
and the only remaining problem is that funds might have been lost from poloniex?
and the only remaining problem is that funds might have been lost from poloniex?
February 21, 2014, 12:57:39 PM
Okay, people seem to think donations are the best way to go. I agree. I think taxing Poloniex balances or everyone's XCP balances would be disastrous.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
And the BTC balance?
February 21, 2014, 12:49:29 PM
When I make a send, its saying insufficient bitcoins need ~0.0003172
and I have 0.0011 on the address.. whats the deal is that not enough ?
and I have 0.0011 on the address.. whats the deal is that not enough ?
Type counterpartyd wallet to see if your address has sufficient bicoins.
That query yields 0.007 BTC
and yet still throwing that error ... insufficient bitcoins
Is the send command basing the balance off a different number of minimum confirmations then
the other queries ?
I think I might be right about that, because blockchain.info is showing 'unconfirmed' transaction
February 21, 2014, 12:46:47 PM
When I make a send, its saying insufficient bitcoins need ~0.0003172
and I have 0.0011 on the address.. whats the deal is that not enough ?
and I have 0.0011 on the address.. whats the deal is that not enough ?
Type counterpartyd wallet to see if your address has sufficient bicoins.
That query yields 0.007 BTC
and yet still throwing that error ... insufficient bitcoins
Is the send command basing the balance off a different number of minimum confirmations then
the other queries ?
February 21, 2014, 12:38:42 PM
Actually, I think C:\Python32\python.exe setup.py update gets the master branch, and to rebuild the 8.0 database you have to pull the develop branch.
But I have no clue on how to do it. I'm just waiting the devs to update the master branch, and I guess they have more important things to address right now.
But I have no clue on how to do it. I'm just waiting the devs to update the master branch, and I guess they have more important things to address right now.
This explains why after I update, I am still on v6.0
Yes, the version 8 db is from the develop branch.
Blockscan is running the develop branch so that we are always up todate and to also assist in finding bugs (if any)
February 21, 2014, 12:33:46 PM
When I make a send, its saying insufficient bitcoins need ~0.0003172
and I have 0.0011 on the address.. whats the deal is that not enough ?
and I have 0.0011 on the address.. whats the deal is that not enough ?
Type counterpartyd wallet to see if your address has sufficient bicoins.
February 21, 2014, 12:19:36 PM
When I make a send, its saying insufficient bitcoins need ~0.0003172
and I have 0.0011 on the address.. whats the deal is that not enough ?
and I have 0.0011 on the address.. whats the deal is that not enough ?
February 21, 2014, 12:15:11 PM
I figure I lost 16.7 XCP at poloniex. It would be nice if it came back or whatever, but I doubt it.
how about my Gox??
Might need some time, AKA never ... You can't even get paid back in Frappucino...
February 21, 2014, 12:13:03 PM
I figure I lost 16.7 XCP at poloniex. It would be nice if it came back or whatever, but I doubt it.
how about my Gox??
Might need some time, AKA never ... You can't even get paid back in Frappucino...
February 21, 2014, 12:10:23 PM
Okay, people seem to think donations are the best way to go. I agree. I think taxing Poloniex balances or everyone's XCP balances would be disastrous.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
Did the hacker return BTCs?
Will you continue to offer btc/xcp trades on poloniex?
February 21, 2014, 12:09:58 PM
Hi I need help with send command. I have BTC and XCP on the source address and when I go to send I get insufficient balance... sigh... Any ideas ?
You have to make sure your BTC and XCP balances are actually in the same address, not the hidden address.
February 21, 2014, 12:08:02 PM
Hi I need help with send command. I have BTC and XCP on the source address and when I go to send I get insufficient balance... sigh... Any ideas ?
February 21, 2014, 12:02:37 PM
Is anybody currently on .8 that could tell me the balance of following address
It would be much appreciated. I'm currently waiting for re-index. seems blockscan is too
Quote
12u5MhWBiJZiqs8D59bJc5tQuPksptGs2k
It would be much appreciated. I'm currently waiting for re-index. seems blockscan is too
BTC: 0.0001086
XCP: 624.51818182
Thank you.
February 21, 2014, 12:02:12 PM
Okay, people seem to think donations are the best way to go. I agree. I think taxing Poloniex balances or everyone's XCP balances would be disastrous.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html
The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.
Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.
Ok, but before that, what about asking the guys who withdrew to return the "stolen" coins ? One of them has already proposed that.
February 21, 2014, 12:01:49 PM
I figure I lost 16.7 XCP at poloniex. It would be nice if it came back or whatever, but I doubt it.
how about my Gox??
February 21, 2014, 11:59:33 AM
Is anybody currently on .8 that could tell me the balance of following address
It would be much appreciated. I'm currently waiting for re-index. seems blockscan is too
Quote
12u5MhWBiJZiqs8D59bJc5tQuPksptGs2k
It would be much appreciated. I'm currently waiting for re-index. seems blockscan is too
BTC: 0.0001086
XCP: 624.51818182
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