Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
PhantomPhreak
on 22/02/2014, 16:27:07 UTC
The buyers have lost their BTC, because Counterparty made a centralized decision to roll back the ledger, therefore asymmetrically alter the transactions which previously had occurred. This was done with full knowledge that the people who invested in XPC for the long or the short term would lose their BTC.  

We didn't rollback anything. The only thing that we did was close a loophole in the parsing code that allowed for the misidentification of the source of a transaction.