What is the problem though? NIRO wallet has been up and down on bittrex (at least I've noticed) for the past few weeks. Is the issue a Nexus - Bittrex one, or Nexus alone? Or, for that matter, a solely Bittrex problem...?
As I understand, from following slack, all the problems stem from somebody mining directly to the Bittrex wallet.
So, a problem with far less than 1% of the outstanding NIRO has halted functionality for a week+ on the only exchange with any substantial NIRO liquidity. This tiny error condition could do the same damage next month, based on a small handful of miners who might make the same mistake, that NIRO cannot prevent. The exact same problem could/could not happen to BTC or ETH. The probability of someone repeating this error, frankly, is reasonably high. Somebody correct this analysis, because this is why would-be buyers of NIRO are not buying.
I believe in the NIRO development team greatly, but these are my concerns.
Thank you for your faith in our team but most importantly having faith in the community. Like Viz said... this is a silver lining as it is a bug in other cryptocurrencies that has been solved with Nexus First. Other cryptos should take heed of this bug and fix it before it effects them as well.
"videlicet
10:57 AM Neither I nor Richie have seen it before, but the good news with this problem, Nexus is now immune to a bug that every other currency may find sooner or later.
10:57 Since I've dug it out and provided the way to fix it
10:59 Feel free to compile some of the new source and use the -walletclean parameter if you ever find any issues in the balance accounting. I've now put rewriting the wallet class code as higher priority since number of tx's and also how the wallet accounts balances is slow, not scale able, and not suited for our future growth
[...]
videlicet
11:04 AM Yup, it's an issue with berkleeDB
11:05 And the current wallet db code can't handle it gracefully
11:05 Now it can for Nexus"
It seems like yesterday I was 22 years old buying my first stocks, quadrupled then lost it all in 2 years. Now I've seen many bulls, young men, many bears....tens of thousands of SEC filings. I've grilled CEO's, seen bubbles and panics, analyzed every type of IPO, seen them come and go, you name it.
You've just seen high quality management on display, here at NEXUS, in the last 2 weeks: First in the industry to uncover a highly disruptive design flaw. No excuses, no hiding, just attacking the problem.
This gentlemen, is why NIRO will be looked back upon 10-years from now, as the first and only needed, resilient blockchain.
A $2 Million dollar market cap right now. You don't want to know.