Hello!
Coinexchange Report from Mooncoin News Telegram:
We contacted Vass, our previous developer, who advised us that he emailed Coinexchange on 31st December 2017 to update to the latest build. He supplied them with the official build. It appears that they did not do this.
Due to that we refuse to pay CE 316 million Mooncoins.
1 We do not have that sum to start with.
2 Devs cannot be held responsible for the workings of an exchange and do not see this as a Mooncoin problem.
3 We see this as a ransom to relist Mooncoin on CE, we could be liable to same situation in future. This means extra pressure on devs and they would essentially be liable for any future exchange problems.
Thank you for the announcement.
It's more likely that they updated to the correct version (that is a fact, they updated and posted wallet's version on their page at the beginning of 2018 and informed Vassilis that they updated), but later (maybe in September-October) started using another version by mistake. Otherwise problems would appear much earlier.
If we put emotions away, what do we have:
1) Coinexchange is not a scam, they work since 2014 and now they have a big business with good profit from fees, people claim they have a poor support, yes, but they definitely are not interested to ransom any coin, especially one which currently has no much liquidity
2) They have lost 316M MOON and have no much time to investigate what happened in detail (just look how many coins they have listed), probably it would cost them more than 316M MOON to hire an expert to do this research, that's why they want the simpliest solution: the correct MOON balance at their exchange (+316M MOON)
3) We have to think it over without emotions and accusations (remember that Cryptopia delisted MOON shortly after public accusations against their exchange),
do we need active DOGE and LTC markets or not. Other exchanges can list MOON at BTC markets and delist it later because MOON is under 1 Satoshi currently and BTC markets will not be active right now.
4) Of course, if Coinexchange is paid, it's necessary to receive an agreement from them that they will not delist MOON after that at least during some period and that they will use only the correct version of wallet in the future.
5) It's clear that the community is tired and that no one wants to pay these coins to an exchange. However, Mooncoin has big investors, some of them are not even active in the thread and just read us, they can decide to pay or not, to save Coinexchange's MOON markets or not.
6) To motivate big investors, there is a suggestion: theoretically it takes no longer than 1 month to implement SmartLikes, a dev mebagger2 already knows the algo, he can do that (we need his agreement though) - it's quite likely that if he agrees to implement SmartLikes in the nearest future, big Mooncoin investors will become optimistic and will agree to pay these 316M to Coinexchange.
7) After implementing of SmartLikes and reestablishing of Coinexchange markets definitely there will be a good demand which will increase the Mooncoin network hashrate and make MOON more stable and secure.
What do you think?