Post
Topic
Board Announcements (Altcoins)
Re: [Ħ] ►HYPER v2.0 ►Re-launched ►Coin Swap ►Driven by community ►AD ASTRA
by
yomamanodros
on 20/04/2017, 16:49:36 UTC
@HYPER Community, I received the following private message from a user here on the forum who is claiming to have sent a transaction to the swap address that was snatched by someone else. This is highly unlikely due to the circumstances and time frame of that transaction being sent and the swap form being submitted with the transaction. It was submitted in less than 3 minutes from the time of the transaction.

Below is the PM I received and my response,

I think someone might be watching the old hyper explorer waiting for big transactions and making a claim for the coins.  I just tried to make a swap 3 minutes after I sent 20500 hyper to the swap address and when I entered the txid it said that it had already been used.  Sure enough that exact amount was in the pending exchanges and now has moved to the confirmed exchanges.  The new hyper was sent to address that is definitely not mine.

This is not my total amount but this needs to be addressed.  I can send a signed message from the same address that sent the original 20500 to prove that it was me.  I do not feel safe sending any more coin to do this swap.  If anyone can just watch the explorer and jump on the transactions this whole swap gets called into question.  I wanted to alert you to what is going on and see if you have any solution.  I will hold off posting this in the new thread for now but people need to know that this isn't a safe swap if anyone can just claim coins by watching the explorer.

Hello,

The swap transaction was inserted in less than 3 minutes of the coins being sent. The odds of someone watching the blockchain and just happening to see that transaction and submit it that fast is very slim. It often takes 1-2 minutes for a transaction to even confirm, some have taken hours, and show up so this narrows the time frame down even more making it less likely than it is already.


So are you saying that it can't happen or that it didn't happen?  I am telling you right now that it did happen.  My coins were claimed by someone else.  As soon as the swap site said that the txid had already been used I tried it again in case I entered something wrong and got the same response.  Then I went to the block explorer and saw the transaction there on the front page.  So the info was available.

I have a decent amount invested in this coin and planned on making a contribution to the dev fund as a thank you after making the swap, but my first experience with this swap makes me worry about the security of the transition. I was hoping for a real response to my concerns, not "I doubt that happened."