@everyone
COIN SUPPLY RESOLUTION
Through the extremely talented skillsets and hard efforts of both b3coindev aka Joshafest, and Jamie Woodruff, the B3 Team is elated to announce that a solution to the #1 wallet has been devised. The #1 wallet, along with its associated wallets have had their assets tracked, and once this upgrade is in place the wallet is frozen and no funds can be transferred or otherwise recovered.
At block 78,000 of the network, we will be performing a hard fork which will immediately, and irrevocably remove the coins in these predetermined wallets from the circulating supply. Once the dust settles we will share the exact amount that was burned. In addition, the team has engineered safeguards in the codebase which will permanently prevent this scenario from ever occurring again.
Can we please have an explanation on why these funds have been frozen?
Please don't ignore us!!!
Thanks
Cryptopia Team
We were preparing for a hard fork, in order to secure the blockchain from a significant security risk. Part of our investigation in securing the security risk, was to freeze associated assets we have assessed to be owned by the same person of this security risk. It's important to note that these coins still represent an on-going security risk until we are able to permanently make these coins unspendable and in an essence, burned.