Just as the layering of protocols evolved into the Internet, the same process will unfold in blockchain. "We are just at the very beginning of establishing layers," argues Nick Grossman. https://ban.cr/layers

Yes, even i am supporting it because Bancor is my best strategy and one of which it is listed in top 2018 blockchain. Even though they faced some problems with the hack but they managed to recover those and i am voting my best to support this blockchain.

This is what we know, but what about those experimental machines we are not aware that maybe can be customized for every single algo in existence with very small efforts and surprisingly fast..What if this is future, what then? Fork to different algo can be useless in this situation, so better to look for an sustainable solution instead.
This can become our reallity very soon.
This is my personal opinion.

You are exactly right. There is no way to possibly predict every pathway. Even with all the security audits that are completed, there may be a way in or something in a future update that can compromise the previous security. That is why the team put the security measures built into the token itself. That way when this breach occured, it was contained and quickly stopped (at least for the BNT). It's also why Bancor does not have access to any of the user wallets. That way this breach was limited to the breached wallet alone. We hope that others in the crypto space will look to these examples and see how effective it was in mitigating the threat.

Safety in the crypto age is so vastly critical, that it needs everybody to work together. It was heartening to see the many other exchanges come together to help freeze flagged funds from the incident in the hours following the breach.

Other day there was a farm with over 22,000,000,000 Kh/s, yes the number is correct. Half of the mining power at Suprnova that day.
Made a calculation and was about 2200 units of Z9 mini units mining...

It was a speculator and was mining almost 6000 Zen/day.


very sad... i hop that each day is passing it will not be a nail in the zen community coffin....

Thanks for your understanding PandoraTV! Indeed, it is very much preferable to prevent incidents from happening in the first place. But as you so rightly point out, the important matter is that the team has learned from this breach and is working to prevent them from happening again. The fact that this is the first breach of any real significance in over a year of service, as well as over a billion USD processed is a great sign. But things can always be improved, and the team is very keenly aware of that fact. One good result of this breach (if we are to look for silver linings) is that it proved the security measure built into BNT to be useful, and has prompted a greater discussion in the community as a whole on the topic of security for exchanges as well as how much is too much. We look forward to what the future has in store, and the improvements that this will bring to the space in general.

52 sat...
What's the next target? 1 sat?
It's sad to see coins melt.

Even this was mentioned before about some security holes and it could lead to a big lose if someone made hack attempting on this network. But they ignored this warning in past and didn't took this seriously and now after this incident they have their focus to make secure this network and fixing all bugs there. That is the reason price is start recovering I hope in future this will become secure network.

Are you just going off of the premise that huge red candles recovering slowly is just painting bear flags that lead to another fall?  The problem is nothing is acting normal.  These bart candle patterns are just signs of manipulation of large holders counter trading the masses and pushing through everyone's stops on margin.  It seems more reasonable at this point to predict the exact opposite of what is supposed to happen as the newfound result. 

Back to your point though people are definitely trying to create a positive vibe and sort of wishing well it into existence because they want the bleeding to stop.  In reality though we're definitely in a "dumb zone" of trading where Bitcoin has to decide whether its gonna break over 6800 and start working on the 7200 resistance or if we're going to go down and test 5k (or 4.5k).  I do believe we are nearing an end simply because things are behaving very strangely.. and I'm getting the sense that someone knows something behind the scenes and there is one last accumulation run before the big blast off (but I'm also ready for the bearish pessimistic case that maybe we go and retest 4.5k first and enter a long consolidation period).

There's just not enough information and there are mixed signals no matter how you break it down.  I think everyone should just wait for bitcoin (or its manipulators) to decide, and in the meantime don't be taking too many alt positions until we know for sure a cycle is gonna get started up and for sure don't be trading on margin (Bots are sniffing out your stop  information, and will take you out of the game in a one minute candle).

Trade safe guys and be patient, don't look for what isn't there like OP says.  Bulls are coming in due time.

WATCH: VC @TimDraper imagines a world in which everyone is paid in their own #token. https://ban.cr/DraperTokens