Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
lonsharim
on 28/02/2014, 07:21:14 UTC
Good news, everyone!

The hacker (a bit of a misnomer, as he has pointed out) returned 50 BTC, and I have just distributed it to affected users. Looks like the other 65 will be sent, too.

Busoni

Once you get back all 115 BTC and you have distributed them to the affected account holders, the situation will hopefully be completely remedied. I understand that the withdrawn 7000 XCP have been mitigated by the 12 BTC you received from the developers.

The commission of 2.5% that you have levied to raise 115 btc should ideally go to the bugs and security bounties now. You should have had a volume of at least 200 BTC since you raised the commission so I am guessing approximately 10 btc raised so far. Will you please consider donating these to the bounty?

I thank the person returning all the coins back to you and I hope the devs are able to involve him as an external security auditor as originally intended by them before he went AWOL


12 BTC did not buy 6100 XCP. I'm going to take inventory of everything now and see what the situation is. The white hat actually explicitly waived his claim to the 12 BTC, but I still think he should have anything left over.

Thanks Busoni for the update. Will wait for your inventory to complete.

Looks like the biggest loss sustained now is by the dev team to the tune of 12 btc given to lower losses at the exchange and busoni who will figure out the extent of his loss after his inventory is done. The biggest gainers are the chaps who withdrew XCP bought at highly subsidized rates to the tune of 6100 XCP. I once again appeal them to return back the XCP to Busoni.

A hacker - white hat now - voluntarily returned back 115 BTC, a fairly substantial amount, that he did not have to. This raises the bar IMO for the cheap XCP buyers from our community. Show some heart and return them. Any returns will only bolster the bounties program that much more. You will now also be able to get back the BTC with which you made these cheap purchases since the full amount is now returned to Busoni so it is no loss to you.

Hope to see the old rates back @ Poloniex swiftly now so that new members of our growing community are not disincentivised.