Post
Topic
Board Announcements (Altcoins)
Re: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come
by
Archru
on 09/08/2016, 00:05:45 UTC
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.