Post
Topic
Board Announcements (Altcoins)
Re: [ANN][X11] NinjaCoin PoW/PoS LAUNCHED - Ninja Launch - Bittrex - Hard fork 1.2.0
by
kryptologist
on 16/06/2014, 18:08:54 UTC
Ninja is dead but I just want a simple answer on this:

At the time of adding a new coin on the exchange, you can also add a value in your internal database for the max total supply of coins. You can then use this to detect if there are more coins on the exchange than there should be total supply. If this is detected the market is immediately suspended. It would be a very simple check and could be implemented with little effort. In fact you could check this value with the network and suspend the market even before all those coins got put on the exchange. So I believe Bittrex could have caught this if they had better checks. I am not blaming Bittrex, I am blaming the developer but saying that Bittrex should be able to catch these things.

Can someone from Bittrex please explain why they can't do this or if it will be implemented in the future?