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NewbieActivity: 35Merit: 0 Re: Coin2.0 [C2.0] - The forward thinking POS (FPS GAME DEV. UNDER WAY). May 16, 2014, 06:27:23 PM #5661



I have already 700K of NC2, and I am not selling



I am still buying from the doubtful and weak spirits



and for the curious and anxious people who are wondering to see what is going on, I tell them do something good and buy some coins.

I do believe that coin2.0 is a survivorI have already 700K of NC2, and I am not sellingI am still buying from the doubtful and weak spiritsand for the curious and anxious people who are wondering to see what is going on, I tell them do something good and buy some coins.

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LegendaryActivity: 1288Merit: 1000 Re: Coin2.0 [C2.0] - The forward thinking POS (FPS GAME DEV. UNDER WAY). May 16, 2014, 07:00:08 PM #5664 Quote from: Market6677 on May 16, 2014, 06:24:50 PM is it normal to wait over 2 hours to become the coin2 to bter? I have transfer from my wallet to bter and i have a lot over 100 confirmations and nothing is yet on bter.



Thx



I experienced very stressful 1,5 hours depositing my COMM coins. I send large amount and started to look in block chain explorer. There were some strange transactions from address to address, but every time a chunk of all amount got in one address. I thought I am f*** up and lost my coins. Finally, I got listed my coins after those transactions ended. My advice is to deposit in small amounts, it works faster. I experienced very stressful 1,5 hours depositing my COMM coins. I send large amount and started to look in block chain explorer. There were some strange transactions from address to address, but every time a chunk of all amount got in one address. I thought I am f*** up and lost my coins. Finally, I got listed my coins after those transactions ended. My advice is to deposit in small amounts, it works faster.

MintPal-Jay



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MemberActivity: 106Merit: 10 Re: Coin2.0 [C2.0] - The forward thinking POS (FPS GAME DEV. UNDER WAY). May 16, 2014, 07:48:46 PM #5667 Further to our previous announcement regarding suspending the Coin2.0 NC2 market we would like to provide an update on our investigations. As it stands at the moment, we have been in contact with the developer regarding a large and sustained series of double spend attacks on the NC2 network.



It is our understanding that a double spend attack is possible when someone owns 51% or more of the staking coins. As not all of the coins are staked at any one time, a relatively small number of coins are required to be able to perform successful double spend attacks. Since someone has managed to perform this exact attack, they clearly own a significant number of coins and the coin network remains insecure at current.



After our investigation we have determined that our system successfully stopped the most recent series of double spend attacks however the attack has been going on for a number of days and as of this moment, we find ourselves short a significant amount of NC2 meaning we are unable to satisfy a large quantity of withdraws from the exchange.



We are still waiting to discuss the next steps with the coins developer, but at this stage it is highly likely that we will not be re-enabling the market. MintPal - The fast and user friendly cryptocurrency exchange

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LegendaryActivity: 1288Merit: 1000 Re: Coin2.0 [C2.0] - The forward thinking POS (FPS GAME DEV. UNDER WAY). May 16, 2014, 07:53:21 PM #5668 Quote from: MintPal-Jay on May 16, 2014, 07:48:46 PM Further to our previous announcement regarding suspending the Coin2.0 NC2 market we would like to provide an update on our investigations. As it stands at the moment, we have been in contact with the developer regarding a large and sustained series of double spend attacks on the NC2 network.



It is our understanding that a double spend attack is possible when someone owns 51% or more of the staking coins. As not all of the coins are staked at any one time, a relatively small number of coins are required to be able to perform successful double spend attacks. Since someone has managed to perform this exact attack, they clearly own a significant number of coins and the coin network remains insecure at current.



After our investigation we have determined that our system successfully stopped the most recent series of double spend attacks however the attack has been going on for a number of days and as of this moment, we find ourselves short a significant amount of NC2 meaning we are unable to satisfy a large quantity of withdraws from the exchange.



We are still waiting to discuss the next steps with the coins developer, but at this stage it is highly likely that we will not be re-enabling the market.



Thank you for feedback! Thank you for feedback!

Ximp



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Sr. MemberActivity: 336Merit: 250CS Student - BC Logo Guy Re: Coin2.0 [C2.0] - The forward thinking POS (FPS GAME DEV. UNDER WAY). May 16, 2014, 07:53:34 PM #5669 Quote from: MintPal-Jay on May 16, 2014, 07:48:46 PM Further to our previous announcement regarding suspending the Coin2.0 NC2 market we would like to provide an update on our investigations. As it stands at the moment, we have been in contact with the developer regarding a large and sustained series of double spend attacks on the NC2 network.



It is our understanding that a double spend attack is possible when someone owns 51% or more of the staking coins. As not all of the coins are staked at any one time, a relatively small number of coins are required to be able to perform successful double spend attacks. Since someone has managed to perform this exact attack, they clearly own a significant number of coins and the coin network remains insecure at current.



After our investigation we have determined that our system successfully stopped the most recent series of double spend attacks however the attack has been going on for a number of days and as of this moment, we find ourselves short a significant amount of NC2 meaning we are unable to satisfy a large quantity of withdraws from the exchange.



We are still waiting to discuss the next steps with the coins developer, but at this stage it is highly likely that we will not be re-enabling the market.



As far as reimbursing victims, wouldn't it make sense to take a portion of the fees you collect and purchase NC2 off of another exchange to slowly refill users accounts? That way you gain extra customer loyalty, and in the long run more profits. As far as reimbursing victims, wouldn't it make sense to take a portion of the fees you collect and purchase NC2 off of another exchange to slowly refill users accounts? That way you gain extra customer loyalty, and in the long run more profits.