The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret -
"an attacker could have actually used it to create new bitcoin – above the 21 million hard-cap of coin creation – thereby inflating the supply and devaluing current bitcoins."

https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

"Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back. Rollback would be much like what happened during the so-called "value overflow incident" in 2010 when 187 billion bitcoins were created out of thin air but, ultimately, were destroyed."

In the following review, ICODROPS has outlined, a summary of concerns about NOS really well, exactly what I had in my mind :

https://telegra.ph/nOS-09-03-2

(How true is this??)

CZ is Masterbotting out of his BNB holdings and he is about to cash out $250M all over your face. /THREAD

https://twitter.com/PictureMissing/status/1043561438948859904?s=19

EDENCHAIN DRAMA:-

What's the Community claim?
1. Edenchain lied about initial circulating supply i.e it was supposed to be 80M tokens but currently circulating supply is at 126M.
2. Edenchain raised more money than the actual claimed 24M HARD CAP.

What's the confusion?
1. How did circulating supply increase and why wasn't it disclosed during the token sale?
2. Did Strategic partners allocation had no lock?

What's the answer?
1. Edenchain had 40% tokens for sale at a price of $0.06 concluding total cap at $24M.
2. Edenchain had also reserved 15% tokens for strategic partners that means they could raise another $9M over $24M.
3. Strategic partners allocation had the same lock-up as the public sale.

So the extra circulating supply is including the strategic partner's reserve which they sold pre-post token sale.

Who's at fault here?
1. Edenchain - They should have promoted the strategic partner reserve from the beginning and should have been firm on possible extra HARD CAP raise.
2. Community - Investors should have read whitepaper and token metrics properly as Strategic partners 15% allocation was mentioned clearly in metrics and they should have anticipated this.

Edenchain & community, both had equal part in giving birth to this confusion.

Edenchain should have been public with their strategic partner's allocation sale progress same as the public token sale.
Community investors should at least read whitepaper and documents than just expecting 100-1000x.
This way, the community wouldn't have raised questions at this stage if strategic sale progress was transparent and public.

Emotiq changes name to Stegos. Changes stuff from original plans. Says NO REFUNDS.

Forwarded from @pernambu

Stegos, our new name better reflects our new marketing focus on being the fastest and most scalable privacy coin! Stegos is from steganography, the hiding of data in pictures. Stegos will give you your privacy back and keep you safe from prying eyes!

The team has stayed the same, including our genius cryptographer, VP of Engineering, etc. We are hiring even better programmers. The technology is staying basically the same.

We are still scalable but have a more sustainable blockchain now. Other blockchains will explode if you continually feed them thousands of transactions per second! Ours will not and could run on billions of mobile devices!

We will be confidential and untraceable thanks to improvements on zk-SNARKS, Bulletproofs etc. There will be no natural language smart contracts but no one was interested in those when few even know what to use smart contracts for.

There will be no refunds, the contract you signed says so. What we will have is an ICO and ERC20 contract, in Singapore.

We are still focused on making this project a success and we’ll soon be releasing a new whitepaper, technical paper, roadmap, etc. The number of tokens stays the same but we will seek to reduce the amount raised.

To summarize, the technology will be improved, token economics will stay the same or will be improved, there’s a marketing focus on being the most scalable and fast privacy coin.

#Pivot #Forced #Bondage

if you are a past/present community moderator for any ICO or other community, plz fill below form.
I am looking especially for HINDI/ENGLISH community moderators (Others can fill as well)

https://docs.google.com/forms/d/e/1FAIpQLScj1AMNjyDLqRYtS0R9HoGo0QPKffRfngQF0VU78gOVMjIWSg/viewform

This is regarding future job opportunities if your application is selected.

"THE STATE OF STABLECOINS" - worth a read

https://www.blockchain.com/static/pdf/StablecoinsPPTFinal.pdf

(If it doesn't open in Chrome then use firefox, else download presentation from https://www.blockchain.com/research)

(For INDIAN users, Zebpay closing)

"As a result, we are stopping our exchange activities. At 4 p.m. today (28 September 2018), we will cancel all unexecuted crypto-to-crypto orders and credit your coins / tokens back to your Zebpay wallet. No new orders will be accepted until further notice."

https://blog.zebpay.com/zebpay-announcement-about-exchange-business-ebd848f7eafc

Based on Bitmex’s research, less than 4% of circulating ETH are held by ICO projects.

https://blog.bitmex.com/ethereum-holdings-in-the-ico-treasury-accounts/

Register for free :

https://www.eventbrite.com/e/the-future-of-blockchain-cryptocurrencies-tickets-3700867394?ref=estw

"By the end of the year, an initial coin offering, or ICO, will be launched on bitcoin."

https://www.coindesk.com/sidechains-are-bringing-icos-to-bitcoin-and-that-might-change-crypto-funding

YOBIT exchange itself planning a pump & dump in 22 hrs

https://twitter.com/YobitExchange/status/1050035464609124352?s=19

(Doesn't seem Twitter is hacked cause timer is present on website, unless both are hacked)
https://yobit.net/en/pump/timer/

At least they are being honest about it unlike Binance & other exchanges but Which coin will they pump?🤔

It was probably obvious cause Coinbase had aquired Paradex few months back.

https://blog.coinbase.com/zrx-is-launching-on-coinbase-pro-29ae77eadc42

(https://blog.coinbase.com/welcome-paradex-to-coinbase-62f16cc9bd74)

When they had Hype :
"Our pre-sale is exclusive cause we have hype"

"We allow pre-sale allocation only to developers"

Now when none cares :
"nOS Significantly Lowers Hard Cap & Token Supply by ~40%"

"You can still register for the nOS Token Sale Final Round"

"We know that the people in our community are those who also wish to participate in our token sale, and we want them feel good about doing so."

This is what happens when an ICO is cocky & over their head.
They thought they can raise funds whenever they want but they got the reality check. Now they are desperate and need to raise funds by any means.

A free tip to upcoming ICOs :

"Hype is always short lived & temporary. If your aim is to raise money, then it should be done quickly when you have hype. That benefits both the ico & investors as ICOs can raise full funds & investors can multiply due to hype when listed quickly.
Nobody is above market and plan according the market direction.
Because, after hype cycle passes, none cares."

One step at a time....

'Shark Tank': This app turns your spare change into bitcoin — and Kevin O'Leary invested $100,000

https://www.cnbc.com/2018/10/23/shark-tank-bundil-invests-your-spare-change-in-bitcoin-crypto.html

FANTOM is listing on Bibox after raising $39.6M and waiting for 4 Months

https://medium.com/fantomfoundation/were-listing-on-bibox-76227327e33a

ChromaWay successfully Secures $15m in Funds to Make Relational Blockchain Platform Chromapolis

Also
NSW Land Registry to test blockchain waters on econveyancing with ChromaWay

FANTOM ($39M ICO ) is trading below ico price on Bilaxy.

ICO price - 0.000086 eth
Current price - 0.000077 eth

Bibox trading yet to start (1.30 PM IST)

https://www.bilaxy.com/app/trade?symbol=65

Either new Oyster team is biggest bunch of noobs I have ever seen or team is taking us all on a ride.

https://medium.com/oysterprotocol/oyster-update-b813390ce10e

(P.S. - Utility tokens aren't permanent)

[Don't follow anyone blindly]
https://twitter.com/BitcoinBirch/status/1055500202512207873?s=19