Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinT [BT] | X11 | Lucky Stake | POS | BitTrex
by
RagingBull
on 27/04/2015, 15:31:25 UTC
How the community is considering a conversion to another Coin Prices per BT 50-100 satoshi I can not say exactly! Most would still have a loss, but better than nothing!

I rather think 50 Satoshi, because the Dev's Scam unknow Amount of Coins

i'm now out for a while, think about it!

As I said before I had even had this experience! and I went completely empty-handed!!

Post it I'll read it later! I just want to simply read opinions! No Promise!

View the post from trex

Sorry for the long silence, it takes time to sort out things like this.  As per our usual response, if we detect something wrong with a blockchain where the dev _might_ be involved, I like to post a public statement so everyone has the same information at the same time.  Exchanges were informed earlier today when our security measures kicked off.

There seems to be a problem with the "lucky" staking code from what we can tell at this time.  There are blocks that were accepted with POS rewards up to 3.3M which is why outside the rate for the coin.  Additionally, as of right now there are way more coins in existence than the wallet thinks there should be:

    "balance" : 24751980.90800208,
    "stake" : 0.00000000,
    "blocks" : 4655,
    "timeoffset" : 0,
    "moneysupply" : 21073266.40374496,


This is our current supply.  C-Cex and yobit have another combined 5-6M.  At this time, we don't know if this is malicious or an error in the staking code.  We have cancelled all orders on the market and closed the wallet for the time being.  If the devs can please contact us and come up with a solution, we will reopen the market.  If we an agreed solution cannot be agreed upon, we will close the market and open the wallet for withdrawal only.

thanks,
richie@bittrex

Seems too confusing to fix, would probably need to be rolled back to before POS began

Balances on exchanges ~ 31 million
Balances in wallets "unknown"
coinsupply reported ~ 21 million

So there is 10 million on exchanges alone that exceed the current coinsupply in addition to any coins in wallets which also will exceed coin supply.
there is a way to fix this but a lot of work is involved. I was looking at the code but it's no longer there, can someone PM me a link to a copy of the code.