Quote from: cryptowest on May 03, 2014, 06:34:17 PM

Quote from: altcoinherald on May 03, 2014, 06:01:06 PM

Quote from: turtlehurricane on May 03, 2014, 05:56:13 PM

White Coin 2.0?

I think I'm done investing any serious money into new coins, I didn't invest in Asia Coin but was strongly considering it. Maybe $20 at a time would be ok, but this crap is happening alot lately.

Steer clear of WhiteCoin. Check their latest commit at Github. There's a smoking gun in their code SO SHOCKING that when word spreads, they will face the same fate as AsiaCoin. And that's not FUD bud, that's the unvarnished truth.

I pushed those commits after reviewing another devs work and making some edits. Theres only 8 lines of code changed in the fix, total.

https://github.com/Whitecoiner/Whitecoin/pull/9/files

The only line you could be referring to is the POS checkpointing key.

We didnt have the original private key from the developer. None of the blocks were ever checkpointed because there was no checkpointing server running.

The code was security audited by Cryptsy and they demanded we add a checkpointing server because the coin has been under attack.

I generated a new key, and gave them to one siilent majority WC holder. The foundation runs the checkpointing server.

This is neither the time nor the place (wrong thread). Other people are checking the code now. If they say it's all cool, then it's cool. Still, you can see how people might be concerned about that setup, especially given the events of the last week. Making a crypto more 'centralized' is probably not popular with most people, especially people who have been getting burned left and right.