Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine
by
qualialibre
on 17/09/2017, 21:33:32 UTC
Glad to see, the coin on the rise. Let's see how it goes from here.

Is there any comment by the devs regarding the following quote? If so, this issue has to be resolved as soon as possible.


Can we get a answer from the DEV's on WTF is going on with Cryptopia, this is total horse shit. This it hold coins captive what gives them the right to hold our coins!

The following quote is from (un)official cryptopia thread

https://bitcointalk.org/index.php?topic=1669443.msg21913121#msg21913121

@dodopool - We've been working with the SIGT team to deal with these problems which are with SIGT and not with Cryptopia. The SIGT wallet wasn't designed to work on an enterprise level and so it has major problems no matter what kind of hardware we put on it. You're right that your wallet with a few addresses and a handful of transactions will sync in a manner of hours. But if you have tens of thousands addresses with over a million inputs and you're wallet was involved in up to 50 transactions per block since it was listed... then it's a slightly different story. Since 2 of the 3 wallets that were importing our keys have corrupted their leveldbs, we're assuming plan A isn't going to work. Plan B is to gonna be to import the keys a few hundred at a time so we can consolidate the inputs back into our hot wallet so that users can withdraw and we can delist.

did you try asking yobit how they solved this? or novaexchange?

these problems which are with SIGT and not with Cryptopia

I am fairly certain when it works on other exchanges and not cryptopia, it is a problem with your excange

So SIGT wallet not designed to work on enterprise level? WTF? Isn't it based off the same source code just about all other wallets are created with? How is it every other wallet works, for the most part, on exhanges but SIGT can't scale? This makes no sense. You created a wallet but had no idea it would be used in exchanges with more than a handful of addresses? I don't get what the devs were designing the wallet or this coin for if they didn't expect it to be used on exchanges or scale in any manner. I think that's a crap excuse and there's more going on then anyone involved will let on.

I think it was intended at the beginning that Signatum was not designed for active trading on exchanges. Otherwise they would have put effort on a strong wallet architecture and would have put a  POW period/limit much much longer.

So now you just wait and hope this get smoothly fixed and propagated, or else SIGT will go to the ground Sad

Don't worry. On the official site it says: "Signatum is designed to be easily integrated into several applications, including payment platforms, exchanges, and marketplaces." - and that's the tech behind SIGT, as I was answered here - "designed to be easily integrated". So it should be integrated easily. Not more than 2 weeks I guess, or a month maybe. Actually, the windows QT wallet is the same as most of other wallets I've seen so far - same interface, same RTC, etc, etc - they're all copycats.

And based on the level of questions people ask and answers in this thread - I see that there are 30% of bots, shouting "buy SIGT it's the future of donald trump would bought!", then 30% of Witnesses Of The SIGT sect who should "it's the future tech! can't you read? it says - easily integrated, yupi! no other coin has that!". 30% of investors who bought in and don't know how to exchange to BTC to withdraw their money from (not worth to mention) craptopia. And 5-10% of real users, who are sometimes questioning themselves - "what the hell am I doing in this circus?..."

So I'm not worrying anymore. It's a perfectly normal example of discussion here, as I understood.

You talk like an old-timer but yet you have 6 post in your history here...

Nevertheless, thx for the info, I did not know they intended to be on exchanges and all. That's a good thing !