Post
Topic
Board Altcoin Discussion
Re: Mintpal hacked (VeriCoin)
by
buy4crypto
on 13/07/2014, 17:07:00 UTC
Quote
1) We lost a considerable amount of VeriCoin in the attack, however we have been working with the VRC developers and all major exchanges to hard fork the coin at a position before the attack. This will allow us to retrieve the stolen coins and facilitate all withdrawals. We are also working with various exchanges to accommodate any losses they may encouter as a result of the required fork.

This is a problem right here. Just because it's stolen does not mean they should be able to arbitrarily reverse the hack. If they're successful at hard forking, this will set precedence that any time there is a theft reported, devs can just hard fork again. This will eventually be abused, and corruption happens.

Proves that VRC is completely centralized crypto.

I got an idea, when your coin isn't as good, attack the ones that are better, instead of focusing on the lack of investor demand for BC, why? Because your community is full of people like yourstrully, What a stain.