Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SFC][POW] Solarflarecoin * MANDATORY UPDATE * Double Reward @ Block 10K *
by
bumbacoin
on 06/03/2017, 14:00:51 UTC
Unfortunately during last 10 days we was really concerned about the future of the coin, the whole project was put in discussion by several problems:
first the difficulty that retargeted very slowly causing blocks of the network and transactions stuck on the blockchain. While working on this, we had a sever attack to the blockchain.
When finally both problems where solved, Cryptopia decided to close the market for more than 3 days, freezing funds of lots of users, locking deposit and withdraw without any further notice.
Thats caused a fall on interest of the coin, miners stopped or paused to mine the coin, volume crashed to zero...and everything happened just on the moment when the interest of coin started to rise up again with a price stable daily increase.
After that, was impossible for me and who is helping me on that project to also think what to implement new,what to develop first, which exchange contact to add us...then also plaina signature campaign for a coin completely freezed was not easy as the whole project was put in discussion.
Now we only hope that this project will not be called again to face some other problems.


my amended version ...

When finally both problems where solved, yet another problem became obvious when exchange transactions were noticed to be changed and Cryptopia closed the market for more than 3 days, freezing funds of lots of users, locking deposit and withdraw without any further notice whilst they dealt with other important issues and also the effect of the fork on their books.
The combined effects of these calamities caused a fall on interest of the coin,


personally i have found Cryptopia to be trustworthy and responsible.
i believe the fork came at a bad time for numerous reasons, one of which was that Cryptopia was in the middle of an important upgrade which could not be ignored.

i have no idea if Cryptopia would have dealt with the issues more speedily at any other time,
but the simple fact is that SFC forked and Cryptopia was effected. then they dealt with it.