Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
mr_random
on 13/07/2014, 21:42:05 UTC
BTC was forked 100 times
LTC  forked many times
DRK forked twice last month

.........................ETC ................


VRC FORKED NOW  . SO WHAT ?
It's not about hard-forking... it's about rolling back the blockchain.  Please show me when BTC and LTC rolled back their blockchains?  As far as I know, there were two cases in bitcoin history - both were due to technical problems caused by updates.  Rolling back a blockchain because coins were stolen is a dangerous precedent, and one I believe strongly will kill this coin if performed.

Someone has 30% of VRC.  DEAL WITH IT.  Don't rollback the blockchain like idiots.  

Make mintpal pay for their mistake.  Devs should not be trying to help an exchange like this.

It won't even cost Mintpal that much because the price of Vericoin will plummet fast if VRC devs just suck it up and don't do a rollback.

And Vericoin will recover.

Mtgox was hacked in 2011, 8% of all Bitcoin in existence were dumped through the exchange and the price suffered badly. Where is Bitcoin now? It's a very different case, but it's an example of how things recover.