Topic: [OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector - page 185. (Read 343080 times)

Hello all,

I decided to make a pool for CasinoCoin on my poolsite, and I wanted to share it with you guys!

Introducing:

Once the fees build up a bit I'm open to doing block-finding events and other promotions. So let me know what you guys would like! If anyone from the community or a dev would like to donate in the future to sponser and event, again PM me or email me (addy on pool-site). Happy mining guys

(PS: The dashboard has some wonkiness going on with the retargetting, I'm looking into how to fix that, but it won't effect mining at all)

I agree the other thread started by transcoder is a serious issue and will confuse people. However, keep in mind that transcoder has disappeared without a trace and a fork was absolutely necessary to fix the KGW exploit. We have no way to remove it and have been unsuccessful to date in getting the bitcointalk admins to remove the old thread. In an effort to mitigate issues with disseminating dev updates we've created a new mailing list and we also strongly encourage services such as c-cex to implement additional fraud controls to detect suspicious wallet activity. In this particular case, c-cex could have flagged exploitation of a possible fork by detecting that the price on their exchange was significantly different from the price on cryptsy or by performing regular deposits and withdrawals with cryptsy.

I should also add that all coins have the duty to keep their communications up to date.  Old links to obsolete updates or information should be altered or deleted so there will be no confusion in action or understanding.  Failure to do so can lead to clusterfucks just like the current C-Cex mishap.  I've seen obsolete wallet updates on several coin websites and forums.  This simple form of negligence could prove vety costly to a coins success.

Re: C- CEX and missing CSC coins.

I'm one of the C-CEX users that lost CSC coin while trying to withdraw them.  When notified of their wallet update, I made another withdraw to get my remaining coins.  They never made it either.  I then tested the C-CEX wallet address by sending 5 coins from Cryptsy for deposit.  They are lost as well.  Trusting C-Cex, I did not record my first tx number but do have the others.  I'll include the amounts and addresses at the end of my post.

HOWEVER, here is my argument considering "diluting" CSC.  That is faulty logic.  The coins were mined and created.  The are legit and have a record on the blockchains up until the time I purchased them and tried to withdraw them.  They were sent "somewhere".  If that chain or fork is now obsolete and thereby not accounting for the documented coins, nothing would be "diluted" by moving those transaction records to the currently now "condensed" blockchain.  Its a matter of balancing, not of double dipping.  We just want our rightful credit just as any of you would should the next wallet update "misplace" your CSC holdings.  We have a right to what we mined or purchased...nothing more and nothing less.

The question of who is to blame for the negligence of these losses is another matter. But, balancing the ledger to account for missing documentable coins should not be unfair to anyone.  It is simply putting things right and accounting all legitimate holdings and transactions, and a documentable transaction missed during an update or fork should not disqualify it's legitamacy.  They are not countetfeit transactions or coins.

I do know this:  NO ONE would want to buy or invest in a currency with a reputation for vanishing during transactions and having no remedy for fair compensation, and NO ONE would want to trade ANY currency on an exchange with a reputation for losing it's clients investments and leaving them without remedy.  Currency is backed by faith and trust, and businesses that do not earn faith and trust will not survive.   

How could I or anyone trust that our winnings or coin purchases made from a  Casino Coin ATM in Vegas would be a secure transaction if there is a history of unresolved lost transactions?  Same thing for C-Cex.

In short, C-Cex has a duty to properly manage all transactions on it's exchange and to take responsibility misplaced or mismanaged funds under its charge.  The managers of CSC have a duty to ensure that all funds are properly accounted for and allocated to the proper accounts via its wallet software and that any misplaced transactions during a change, malfunction or fork are rightfully validated.

The following are from my confirmation emails from C-Cex and Cryptsy . All but the very  first transaction number are also
avaliable in .jpg screen shots.

You have requested a withdrawal of 4737.71398315 CSC to this address: CdWdc6BuoTsmwn9TXQEmgdHTHp5DPKrYsY.
You have requested a withdrawal of 1996 CSC to this address: CJnxWYAgitxF9VmrKvxkggMGtCDQ87gHfC.
You have requested a withdrawal of 998 CSC to this address: CSQTNoxvvH66pi2i1GHkWuQCFGgxWh72hH.
You have requested a withdrawal of 3942.7 CSC to this address: CSQTNoxvvH66pi2i1GHkWuQCFGgxWh72hH.
You have requested a withdrawal of 3792.4 CSC to this address: CfQUMfWJhNAafgHJwEG38tbSJ2i4aYPXkX.
You have requested a withdrawal of 3.96031746 CSC to this address: CSQTNoxvvH66pi2i1GHkWuQCFGgxWh72hH.
Amount of Withdrawal: 5 CSCWithdrawal Address: CGqL3oGTuDxqXMedDcjp4xTF45Z6DDJYVC

Well, to improve the release process, we added a opt-in mailing list to be used to broadcast updates from dev when needed. If you hadn't had a chance, please consider signing up. Both mailing lists are listed in the first post.

Stumbled across this:  https://www.youtube.com/watch?v=exCX2gdpZUs
Just look at that CSC Price.

Heading up to the cottage for the long weekend here in Canada, ill be back Tuesday and have some important updates for Wednesday!
Anyone with some PHP experience if you are able to add some things to a basic popup for casinocoin.org that would be great.
When a user visits the popup will show(it will cache and have ability to not popup if chosen) the casinocoin price, hashrate, difficulty, and some other important links will be on here(this is not the wed update either! )

the strange thing is that i don't see that 1.3m volume....
https://www.cryptocoincharts.info/v2/pair/csc/btc/c-cex/3-months
till 10 jun volume was close to zero.

I agree. It sets a bad precedent.

So I am going to lay down a few items here..

I definitely appreciate both sides (Community and C-Cex) in terms of response and involvement.

C-cex dev has made an effort to communicate with me on skype and make contact with the csc dev's. Goldseal has done a great job of communicating with me as well and keeping me updated through this.

I do want to note a message I received from C-Cex support (I do have more from Skype to prove mistakes)


C-CEX.com support <[email protected]>
Jun 18 (8 days ago)

to me
Withdrawals made prior to 17/06 made from old wallet and goes to wrong forked blockchain. We are already negotiating to find solution with new CSC owners. Our goal is to get compensation for users made withdrawals after may,19 when fork occured and nobody was informed about it. Please, give us some time and we will find funds to refund this invalid withdrawals.


*NOTHING CAME OF THIS*

I am out 107,336.35 CSC coins. My Wallet CWoydPBNMifhpShiLQ5d68H69Z4bGJV1yd

Lostcoast

This is indeed a tough dilemma. 

In the future the devs should make sure all exchanges are notified.

As for this loss, whatever is decided by the devs is ok with me. 

I think it is clear that C-CEX is not to blame here for this situation, neither the community. We simply needed to rally to save this coin that has such great potential!! I feel sorry for the users/customers that lost money over this but i think they can not hold C-CEX nor the community responsible for this. In the volatile and unmature market that CryptoCurrency still is you always need to watch your back and double check before doing large transactions. If it seems to good to be true (like a much lower price than on other exchanges) it generally is ....

Yes, if they sent to new wallet they should be posted on Your balance when we put wallet back online.

Thank You for Your opinions. I just want to make one thing clear: it is not a situation when we just missed important update. We did update from links of the thread exsists even now. But I had no idea that owner was changed and new thread was started. I also did not get any notification from owner or developer like I usually get from other coins. I just open btctalk - found source link and update. I did everything required from me. So I think this situation is very much different. That's why I started this discussion.

Your transaction has actually taken place on the correct block chain and you sent your coins to wallet address CQ1wXJx81Gba1KzoKy2gBRP27JRTBzSWn8 which is probably created by c-cex. They should still have the wallet that contains that address and in your case your coins should be actually save, ... that is if they choose to correct their wallet onto the correct block chain.

Also up to the fork c-cex did not move almost any coins at all. Very little transactions took place there, almost all trading was done at cryptsy. It is obvious that some miners that were on the wrong chain abused c-cex to sell their now non-existing coins. I think we can not hold the community responsible for that. As i stated before, when i started https://www.megamineros.com/csc back in december i made some horrible mistakes. I decided that i did not want to lose the momentum and i payed about 50.000 CSC in compensation to users. That is the risk you take as a pool or exchange.

C-CEX can either try to get their hands on to the csc sellers and have them pay, reimburse the users themself or notify the users that they will not reimburse them and that they lost their coins.

Leasons learned for the dev team is to make sure alle pools and exchanges are aware of forks or updates long before they happen as in this case we seamed to have missed C-CEX!

Well said. Agree with this.

I'm on my mobile right now so I won't go too in depth until tomorrow, and I've been quite busy latley moving towns and getting ready to go back to school.

C-cex is not a fraudlant exchange by any means.

During May the casinocoin blockchain started to freeze due to issues with multi pools and some other things. At this time as a community and myself(Transcoder had no longer talked with me but appointed me as community rep and to handle all media/pr inquires)decided to take matters into our own hands and fork the chain with the required updates. We would have loved for Transcoder to stick around but for whatever reason he is not here with us anymore. The community was left with little and we've had to rebuild from the ground up.

I did mention to the owner of c-cex I may be able to reimburse the casinocoin lost during the whole discrepancy but the amount lost exceeds ten fold what would be reasonable in my mind)it was not myself who left casinocoin to die so I'm very sorry for your losses. Please contact me on Skype starting next Wednesday after canada day weekend to talk.

Goldseal is a trusted dev of casinocoin along with the other active members on this thread. Please direct all concerns to them untill next week as I'll be able
To chat with them for a few minutes.

Yes Cryptsy updated on May 19/20 to the new chain. Everything has been fine there.

+1
It's 1 month after update. 1.4M coins can be done on old chain in 10 days. Probably someone figured out that ccex is on the wrong chain and jus mined and sold thes coins.

I don't understand the whale, he keeps placing and canceling his orders. I wonder how many were filled.

just to confirm, cryptsy is updated and my coins are all good?

I have been away for awhile, my mining pc keeps crashing and I dont have the time to diagnose the problem and fix it. maybe next weekend.

For transparency i am not the whale  I dont have a huge sum but I have approx 450k. If my mining rig was working I would have more. Its been offline for about a month to one and a half months.

my vote.. if it matters, is in agreement with Vlad2Vlad...