Hello!
Coinexchange Report from Mooncoin News Telegram:We were informed by CE that false deposits were being made and trading had to be suspended until we could find a resolution. We didn't have much information to go on with at first which meant we had to go through many different scenarios as to how it was happening.
This meant trawling through past changes in Github and forks, trying to find out if there was a 51% attack during times of high mining hashrate, whether someone had created a side chain. None of these things happened so we had to go back to CE to try to get more information.
Eventually, they sent us some of the tx id's which we put through our Block Explorer. We found that none of these tx's were confirmed by our blockchain despite CE telling us they had 500 confirmations. That meant further investigation (Why did they have confirms but we couldn't see them). It turns out they have been using an unofficial wallet build. We do not know of this build nor who built it. We guess that a previous dev built it as a test but never published it.
Out of all that, CE say they have paid out 316M Mooncoins to whoever did the false deposits. They now say we are responsible for reimbursing them all of these coins.
We have discussed it at length not only with the team but with the long term large holders in Mooncoin. We are all in agreement that we cannot be held responsible for what happens in an exchange. We don't know how they have confirms when they don't appear on our blockchain.
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.
In response to end-users who ask when the MOON market will be open again, CE has been replying that they are 'waiting for the MoonCoin developers to resolve the outstanding issues' before they can re-enable the wallet. Please understand that when they say this, they do not mean resolution of a technical issue. We have walked them through building the proper release version of the wallet, and they have done so successfully. The 'outstanding issue' in their eyes is the payment of 316M mooncoin, which they are demanding from the dev team.
It has taken many long hours to find out what the issues were and to come up with a resolution. Thank you to Michi and Mebagger for their meticulous and painstaking efforts throughout.
As a community coin it is now open for the community to discuss.
If you have any suggestions welcome to: https://t.me/MoonCoinEco. We have a hot conversation right now.