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I am well aware of the problem that there was with the MN rewards, as are the people it directly effected.

Asking questions has never been frowned upon. In fact, answering them is one of the main things we do every day. When you have issues that other people do not, the best place to start is self reflection.

If there was a decision to burn them, that would have been announced already and you know from all your previous times asking this that 3.1 was needed before major investigation could be done as to if it is even possible to recover them to the proper accounts.

So there is no update at this time and when there is, we will make an announcement about it.

Well 3.1 was released and announced here (and on various social media) on Aug 18. So far I am not aware of any chain splits that have happened (other than the normal occasional "split" when the network determines which block to move forward with when more than one node stakes a block at the same time, but these last a couple blocks usually).

The bridge was officially announced here Sept 15 but was soft launched around a week previously.

The arcade bot has had the issues repaired from multiple updates (which had caused issues with withdrawals and resulted in us restricting them to ensure the safety of the communities funds) and withdrawals and deposits are fully functional in addition to the normal rain that we share with the community.

With the treasury, it is usually updated in bulk groups though this is something we are working towards more regular updates to the website.

As you can see, we are posting all updates here and when further ones are available, they will be added here as well in addition to our social media sites. Stay tuned for more information as we continue to grow and expand.

Hey there and welcome to Energi.

We don't have a specific date currently but the estimate is a few weeks to ensure everything is running properly and secure.

We will be posting an announcement about it when it is launched though. We generally put these on all of our social media channels as well as our Discord and Telegram servers.

Most of us have seen what repeated constant negativity from a person can cause. This isn't just online, it is the same in life as well but you find far more negativity online where people can "hide" behind a fake name. Go check out some servers that allow constant negativity to flourish. Generally the staff gets sick of those people and leave. Now as to what you call the "true colors" of the community moderators, why should they allow someone to spread lies, negativity and misinformation? Anyone who believes they can come in and do that stuff needs to find how the real world works. Go to a store and start constantly bad mouthing them and see what happens. At best you get tossed from the store and at worst you get arrested. Why you would expect us to put up with that stuff just because you hide behind a fake name is beyond me. That lack of respect is not tolerated anywhere in life.

For example, we had a community member who repeatedly tried to jump all over us on multiple platforms because we would not lock a wallet on their say so. No proof of a crime, no proof of involvement but that person used it to push their negative outlook and completely avoided mentioning the fact that locking some random account on a persons word would allow massive abuse in our recovery process. This person constantly argued about it and even got people to agree with them regardless of the fact that the person could have picked a completely random account and demanded it be locked (can you say revenge for example?). Trying to explain anything to that person was nothing but a waste of time and they deliberately did it to try and spread negativity. After removing the person from our communities, we had to go through the whole process of explaining how the process works again and what there is to prevent abuse of it to multiple people who would actually listen without the person constantly trying to force their negative attacks. This is a perfect example of the difference between allowing negativity and removing it. That person had no other purpose than to spread negativity and damage and leaving them in the community was not only causing a negative atmosphere whenever they were on but it also allowed them to spread their misinformation that they tried to manipulate people with.

All of our platforms can be used for discussion but those pushing negativity, misinformation or lies constantly get removed. Why should we accept people doing nothing but spreading negativity while ignoring anything that doesn't fit what they want. Why should we accept people harassing our community? We actually care for our community and do not put up with people who have no purpose other than to try and spread negativity and hate.

Bitcoin talk can sometimes be good (other than being known as nothing but a forum to attack projects) but on the other side, you cannot trust what people write in lots of cases. For example, go back to March of 2020 on this thread and look at the disgruntled employee who did their best to spread lies about this all being an exit scam and exchanges would never open up after the Gen 3 upgrade. We are still here, exchanges were opened after the delay to ensure there wasn't any problems and yet he had multiple people supporting him with his lies including some major scammers. We see this often and we will not put up with it. Those that exist to do nothing but attack projects get removed. We still have many people in the community who discuss things that sometimes end up negative but they are both respectful and their whole purpose isn't to spread negativity. You get respect when you show respect. Sadly the fact people hide behind their fake names tends to make them think they can do whatever they wish with no repercussions.

As a final part, I stand behind my posts here and the ban that I gave to the last person. They were given time, like everyone, to see what they are really like and after repeated negativity (and not a single post of anything but them pushing their negativity), they were removed. Then they ran here to try and push more negativity, lies and misinformation. So it just shows more that their ban was fully justified. This is a person who still says our roadmaps are fake, and has been informed repeatedly about adapting, just ignores that pretty much every project adapts their plans to changing conditions and uses it to push negativity.

Anyways, have a great day.

Excellent quote that describes why we remove people who attempt to spread lies, misinformation and "cherry picked" information from our communities. Thank you for supplying that.

You like to claim tricks but we have always been forward and honest about making changes to the roadmap. If you choose to ignore that, there is nothing we can do about that.

As to the 5000 confirmations, that was decided by management of the project, which every project has. It has saved people their life savings but I completely understand that you really couldn't care less about anyone but yourself. It is in all of your posts here and on our platforms before you were removed from them. Scammers were hurt with this and actually made our community far safer but that doesn't appear to be in your interest from your posts. I will also add this has been in place for over a year now and a small handful of people don't like it and they have moved on to projects that fit what they are looking for rather than stay back and use it to push their negative outlook.

I am done arguing with you. You can continue to "cherry pick" information that works for what you want but I will return to dispute them with actual full information rather than what you post.

Everyone is entitled to their own opinion and that is one specific reason why we have always told people that they need to do their own research.

We supply the information needed for people to make their own decisions, and yes, this includes marketing. We will point out the perks and never shy away from responding to things that people don't like. At the same time, those who wish to influence people through spreading negativity get removed from our communities. This allows people to do their own investigations without the pressure from people who's only purpose is to push others to mindlessly follow their negative outlook.

You speak of pathological liars after you make easily proven false statements. The percentage I mentioned in a previous post is a perfect example of picking information to spread negativity and using whatever numbers you want for that purpose. You never spent a second to explain how you came up with 95% when the number is 86% but I gave the link to show where my number came from. We don't attack people in these cases but at the same time we do not allow them to spread their misinformation through our communities.

Your posts are perfect examples of the negative outlook you are trying to push. You can find information in all of them that isn't correct and is just thrown out there as an attack. Your complaints are that we don't meet your expectations. That is a huge perk of not having an ICO, we don't have to meet your expectations, we meet our own expectations and those that are involved in the project who know full well what they are getting involved with! You chose to get involved with something that does not fit what you want, expecting us to change to meet your expectations. Rather than stepping back and moving on to a project that does meet your needs, you have spent months trying to spread negativity in our community and now you've been banned from yet another platform.

You are correct that these posts are a waste of time. I won't call them a discussion because you don't respond to the things that don't fit the narrative you are trying to push.

I do agree it is a shame. People need to do actual research when they decide to get involved in projects rather than jumping in and expecting the project to change for what they want. Keep up with the information as it comes out and actually have understanding as to the fact that things change all the time and those that do not adapt, collapse.

Find a project that meets your expectations and you will be much happier. Life is too short to continually attack a project you don't like because they don't do things how you believe they should be done. There are many projects I have been involved with that took a turn I didn't agree with and I left them because they no longer fulfilled my expectations. This doesn't mean any were bad projects, just that they were no longer the project for me. I didn't spend time trying to make them look bad, I moved on.

Anyways, again, best of luck to you in your future. I hope you find the projects that meet your expectations.

Have a great day.

I know the way you act and your mentality as we have seen it repeatedly and for far too long.


Generally neither do I but when someone tries to make us look bad because we have to make changes, I will bring it up (and to add, your "jab" about not living in Venezuela doesn't exactly have a point other than trying to make us look bad).


Neither do we. You are the one trying to bring it up. We accept there is limited things that we can do and, with changing markets, things change all the time. You're the one who wants to focus on the fact we had to make changes to adapt and use it to, again, try to make us look bad.


I never said you did. I just said to move on because it is obvious your wants do not match with what Energi is so find a project that fits what you want.


Not sure what planting trees has to do with anything but it does line up with your complaints the price is down and at the same time expecting us to dump more on the market. Can't have it both ways when the whole market has taken a hit over the last couple months (even to the point that the crypto marketcap is down about $1 Trillion in the last 2 months (CoinGecko))


What moral superiority? I am stating facts as to how things work and how we adapt. I am also pointing out the flaws in your attacks on us. Your expectation that we should sit back and allow you to bad mouth us because we don't follow your expectations is your problem.

Good day

Nope, I do not but I have friends there that I help financially. Are you trying to make a point? How much money have you sent there to help people? How much effort have you put in to figure out the challenges associated with this? How much money have you put in to make this a reality?

Things change and smart decisions have to be made for the project to continue to grow and succeed but I know you refuse to accept this. A person and/or a company can only do so much. Here is something to think on for you. Do you throw all your money into a single thing or do you work smart to build up your capital so in the future you can do more rather than end up doing nothing, or partial work, in the end?

This is basic to any business and, again, it comes down to proper management of time, resources and funding.

I am not going to continue to argue with you. I would advise you actually look into various things to understand how the world works so you can understand when decisions are made. Money doesn't grow on trees and funding always needs to be spent wisely.

See you ignore again that fact that we adapt to the changing landscape and you ignore that you have been told this just so you can try and push your negativity. It is very obvious where your expectations are and they do not align with Energi. Your expectations that we waste time and resources will never fit with Energi nor the greater majority of our community. You will actually find that most projects do not want to waste time, money and resources and once you understand that, you will have better interactions in the future.

Good bye

Yes.

Your constant approach of trying to force us into your expectations while spamming your negativity on our platforms has resulted in your account being banned.

You have been told repeatedly about the fact we update our roadmap to adapt to the changing crypto space yet you choose to ignore that and use these changes to spread your negativity while ignoring the massive downside to being stuck in a roadmap made in the past without adapting for the future.

A perfect example is the mobile wallet. As you were told on Telegram, why should we waste time and resources to build a new mobile wallet when we have a great wallet that is mobile friendly, used for things like Energiswap and is capable of being crosschain when it comes to projects like ETH? So your belief that we should have stuck to building a mobile wallet to duplicate Metamask is a waste of resources currently yet you ignore this simple fact in your attempt to spread negativity.

We are not required to sit back and allow you to use your "cherry picking" of things that don't meet your expectations, to spread negativity in our community. If perhaps you were more honest about the acceptance of the reasons for changes, whether you agree with them or not, we wouldn't have removed you but your whole history on all of our platforms is filled with this attitude expecting us to change to meet what you want while ignoring anything that doesn't fit your specific wants.

As a couple final examples of your mentality that we have identified and decided to remove from our channels, you like to say we are down 95% from ATH (which is incorrect, it is currently 86% according to CoinGecko) and ignore that we are up 481% from our ATL directly working on the negative side and ignoring the positive. So in your post, the first post is lying to spread more negativity right at the very beginning of it in addition to being focused on the negative side. Still wonder why we would ban your account when you also spread lies and misinformation? I could put in about you trying to compare us to North Korea because we won't allow you to try and poison our community with your focus on negativity but there is no point since it is obvious you are dedicated to trying to do everything you can to spread more negativity and that is very obvious.

As stated on Telegram, I wish you all the best in your future and in finding a project that meets your expectations.

The team is always looking at more exchange listings but in the majority of cases, exchange listings and discussion regarding them are confidential until the announcements are ready to be made by both sides. This means we are unable to discuss any potential listings or even discussions about them.

As to the 5000 confirmations requirement, this extra time has already helped recover more than 330 000 NRG stolen from our community in the first few months and continues to assist in preventing successful thefts. I understand that this may not matter to some people but this is for the protection of the entire community which helps keep both new and experienced users safe from hackers and scammers when on the Energi chain.

With Energiswap, you are now able to swap between over 180 coins and tokens without the requirement for the 5000 confirmations. It is only when people are leaving the Energi ecosystem, and the security our chain provides, that the confirmations are required since that is when scammers and hackers would be able to "escape" with any stolen assets.

So at this time the confirmations will stay in place until another solution is found that still maintains the security for our community. This has already been proven to be very effective in preventing cybercrime on our chain but we are always looking at other potential solutions.

Have a great day.

Do other projects have such a security system? Can you mention at least one project that a person can contact if their coins have been stolen? If not, then I would say that it is really "the best security in the space". 

[/quote]

Are you saying if someone steals my coins you will reimburse me? It's almost a bit suspicious because there is no legitimate reason for you to be able to get coins back from a hacker, unless...
[/quote]

It's not actually reimbursing, it is recovering the stolen funds. The process freezes the wallet of the hacker so they cannot be moved after it is confirmed a crime is committed.

There is some more information here as to how the process works - https://medium.com/energi/ebi-recovery-reduces-cybercrime-by-70-5fccc31dd5b

As to not having a legitimate reason to recover stolen property, I'm not sure what you are trying to say here. It is theft and, depending on the exact circumstances, fraud (through impersonating others). I don't think thieves should profit from stealing and the recovery process can prevent that.
[/quote]

I am not saying it is bad to see efforts that want to make crypto space more secure, but there is also a massive element of centralization in your process. Who knows if you don't hold at least 10% of the masternodes and can decide on your own what is a crime and what is not? What if a hacker steals the private key and signs a message? Also, I believe you will be confronted with many edge cases where it is not that easy to tell who is right and who is not.

I am at the mercy of your process then. What if someone is broke and doesn't have money for the deposit? That is a possibility. How would you decide then?
Do I have to provide KYC data before my first deposit? Or before my first withdrawal?
[/quote]

I would say there is more the potential of centralization as I do not know who owns what for masternodes but at the same time, there wouldn't be any positive side to Energi abusing this setup. In other words, abusing the process would cause issues and do damage to everyone including Energi.

As to a hacker getting the private key, that really doesn't matter as there always needs to be proof of the crime in addition to proof of involvement and our EBI does a thorough investigation. For the recovery process, the user also must follow the following (from Prerequisites for Drain in the link I provided).


In an edge case, if it cannot be determined "who is right", we wouldn't be able to move forward but our EBI is very good at what they do (investigating). There is no guarantee the recovery process will always work but the alternative is almost 0 chance.

As to not being able to provide the funds, that is taken care of if you report the crime to our EBI. You only need to provide the funds for the various stages if you do not involve our EBI. This is to prevent abuse of the system (like someone trying to lock your wallet just because they want to).

As to the KYC requirement, that is basically the last step before the stolen funds would be released back to the rightful owner. In other words, the stolen funds would have been drained from the thieves wallet and the victim needs to provide KYC (among other documentation) prior to the funds being released and sent to their new wallet.

Finally, the alternative is almost no chance of recovering stolen funds. With as many scams and scammers that are in the crypto space, there needs to be security for everyone, especially those new to everything. One of the biggest "blocks" to crypto adoption in my experience is the fact people can lose everything with basically no chance of getting their funds back.
[/quote]

Thank you for the detailed answer. I can see the value in the action fraud report as the hacker would also have to explain where the funds came from the hacked address. The hacker would have to prove the whole chain of events until he arrives with his explanation at the address he hacked. He most likely can't do that.

The problem is that nobody really likes a centralized authority that has the final word. It is a bit similar to what we are used to anyway.

Wouldn't a security system with built in 2fa, for example an sms to your phone that first has to be verified before a hacker could drain the funds from an address? When an exchange gets hacked, the hackers usually find away to access many personal accounts because of a weakness in the exchange's security system.

Is there any way in your system that you could get access to user funds through a majority of masternode voting? That would mean that the distribution of your masternodes is in fact very crucial for the users! Or do the masternodes just reject the validity of the transaction when it is proven it was a hacker?
[/quote]

No problem and I am glad to answer any questions I can. Thanks for taking the time to bring up these points. Education is key and I'm sure many people will learn from this discussion.

Regarding the centralized authority, that is the purpose of the decentralized masternode voting. This puts the decision into the hands of the people running the nodes who have no incentive to do damage to the project/network because they would be hurting themselves. Again, there is the assumption that the team may own more than the required "voting power" but regardless, as the project grows, more people get involved which causes more decentralization. In fact, when we went from our Gen 2 to Gen 3, we had a vote and changed the minimum masternode requirement from 10 000 NRG to 1 000 NRG to further increase decentralization since more people could get involved. In the last year our masternode owner numbers have continued to climb partially due to this.

For something like built in security, I'm not on our tech side so I cannot say what the challenges to this could be when thinking of putting it right into the coding. I'm sure if it was something easy to do, there would be other projects with it included already by this point. There would also have to be the consideration of what happens if you lose your access to your 2FA. Just as a side note here, SMS 2FA is a bad idea due to sim swapping.

If you meant putting the security feature in a wallet, the issue there is the number of wallets that can be used. For example we have our MyEnergiWallet but something like MetaMask can be used as well which would defeat the purpose.

I should add here as well that in the case of an exchange hack, as long as we are notified in time, NRG stolen can also be recovered which actually makes exchanges a little safer for those with NRG though we still advise keeping funds in a wallet that you control.

The way our system basically works is there is a delay of 5 000 confirmations when you are leaving the Energi ecosystem. So any movement in our ecosystem, like using Energiswap for trading among other assets, has no delay (just the 1 minute block time) but when you try to leave, that delay gives time to report what happened and provide the needed information to start the block and recovery procedure.

As to using the masternodes to gain funds, the only way that I am aware of would be through the recovery process but this is not something quick (with the required voting times it would take at least 1 month) so in the case of malicious proposals, there will be time to intervene with other masternode owners to lock the wallet attempting to steal the funds. Though it may be a hassle for a user that suffered a malicious attack like this, they wouldn't lose their funds in the end but I don't believe something like this would be likely due to having to own enough NRG to even get the minimum votes (currently 10% would be roughly 1.6 million NRG). Once you also consider that the chances of success are basically nothing, it wouldn't be worth it for a scammer or hacker, especially when there is much easier targets.

Regarding this I am assuming you are talking about the "block". Basically, the wallet, once blocked, is unable to send transactions or even vote until the block is removed. If that wasn't what you were referring to, please let me know.

Have a great day

Holukai

I would say there is more the potential of centralization as I do not know who owns what for masternodes but at the same time, there wouldn't be any positive side to Energi abusing this setup. In other words, abusing the process would cause issues and do damage to everyone including Energi.

As to a hacker getting the private key, that really doesn't matter as there always needs to be proof of the crime in addition to proof of involvement and our EBI does a thorough investigation. For the recovery process, the user also must follow the following (from Prerequisites for Drain in the link I provided).


In an edge case, if it cannot be determined "who is right", we wouldn't be able to move forward but our EBI is very good at what they do (investigating). There is no guarantee the recovery process will always work but the alternative is almost 0 chance.

As to not being able to provide the funds, that is taken care of if you report the crime to our EBI. You only need to provide the funds for the various stages if you do not involve our EBI. This is to prevent abuse of the system (like someone trying to lock your wallet just because they want to).

As to the KYC requirement, that is basically the last step before the stolen funds would be released back to the rightful owner. In other words, the stolen funds would have been drained from the thieves wallet and the victim needs to provide KYC (among other documentation) prior to the funds being released and sent to their new wallet.

Finally, the alternative is almost no chance of recovering stolen funds. With as many scams and scammers that are in the crypto space, there needs to be security for everyone, especially those new to everything. One of the biggest "blocks" to crypto adoption in my experience is the fact people can lose everything with basically no chance of getting their funds back.

It's not actually reimbursing, it is recovering the stolen funds. The process freezes the wallet of the hacker so they cannot be moved after it is confirmed a crime is committed.

There is some more information here as to how the process works - https://medium.com/energi/ebi-recovery-reduces-cybercrime-by-70-5fccc31dd5b

As to not having a legitimate reason to recover stolen property, I'm not sure what you are trying to say here. It is theft and, depending on the exact circumstances, fraud (through impersonating others). I don't think thieves should profit from stealing and the recovery process can prevent that.

So you copy and paste the entire thing without reading a word. You completely ignore the fact that IT IS MASTERNODES THAT VOTE WHICH ARE RUN BY ANYONE WHO WANTS TO HOLD 1000 NRG so there goes your centralization claim right there. It is the people who choose to run a masternode which do the voting and there is over 1500 of them currently and a total of over 18 000 000 NRG in there - https://explorer.energi.network/address/0x0000000000000000000000000000000000000319/coin_balances

So continue to rant and rave your lies and lack of comprehension but the basic fact is the process is dependent on the masternodes for voting which are run by other people which in plain English translates to DECENTRALIZED VOTING. I know you will just ignore this but simple facts are facts regardless of what you try to claim.

Basically, any deposit to an exchange has a required 5000 confirmations. This is for EVERY deposit to any exchange since once you trade the coins, they cannot be recovered. The delay allows people to report any theft of their coins and allow the EBI to perform their initial investigation. Upon completion of this initial investigation, if there is enough evidence to prove their has been a crime, the EBI will put in a proposal to freeze the wallet that the victim's funds have been sent to. This requires a masternode vote to pass or the wallet will not be frozen.

So the team cannot just freeze a wallet, there is safeguards put in place to prevent this. Each step in the process requires voting from the masternodes.

You can find more information about the full process, as well as the results of its use already, in the links that were provided in this post above - https://bitcointalk.org/index.php?topic=4912743.msg55685828#msg55685828

Funny that your name is the only one out of all the bans with a new account trying to enter the channel and you're here complaining you got caught. The Energi Discord is our private server where we have additional security features that are beyond what you see as a user. I'm sure you know of some of our bots so assuming it is as simple as the same avatar, is very short sighted.

I won't bother trying to explain why you may choose to do the things that you do. It is a never ending argument since people do things for a variety of reasons. You could do it just so you can be here using it to attempt to deflect suspicion.

Best of luck to you in the future