Hey everyone.
So I have been working a bit with BTCPop. Back a while ago they were staking on the wrong chain. Due to this they are unable to process withdraws until they are back to even. As such, we have the ability if we want to help them out. The est amount they are down is 130k. We can either try to donate funds to get them to even, or they suggested they will also pay a "reasonable" price for some, maybe half the market place?
I don't' have full details yet, but I wanted to get everyone's feed back first. I will continue to do due diligence to make sure this is all on the up and up.
Also has anyone had any success with other exchanges?
Thanks,
Tranz
I would be willing to donate 30k HoboNickels, if BTCPop gives us the guarantee not to delist HoboNickels in the next time. If there are other people donating, we'll probably get the 130k together. Maybe it would be good if you could set up a donation address for it.
Otherwise I could not achieve anything at other exchanges.
Priceless.... Nothing like owning your mistakes. But shit happens.
I might be willing to make them whole if they DM me and we can agree reasonable terms.
That'd be pretty generous of you if you add the rest. Let's hear what Tranz has to say about it and how we do it at best.
This is the power of the community, they all give a little of themselves in order to save space for the project.
I dont know what to say, but probably the developers should cover this from their own fund if I am not mistaken?
Except this is not a developers problem, this is not a code issue as far as I am aware.
BTCpop have taken on the custodian responsibility to stake client coins.
They have a responsibility for other peoples money and the opportunities offered by POS,
Meaning
If they accidentally burn electricity mining the wrong fork ?
They own that risk. They would then need to apologise for being inefficient stakers and causing lost client stake opportunity. Not bill you for power they wasted
If they Allow withdrawals from accounts for coins that don't exist in their wallets because they are on a fork
They own that risk. Their wallet should be in sync and coin existence confirmed before the withdraw issued. Again BTCpop are liable
^^^ THIS ONE IS AS BASIC AS IT GETS ^^^
The very least they can do is to keep the wallet on chain and be at least 85% as efficient as staking for yourself.
What they absolutely must not do is send coins they haven't got to withdrawal addresses
I think most of us manage our own wallets.
From time to time an issue arises they we don't all come on here and demand our orphan blocks and stake rewards from Tranz do we?
No, we get our asses back on the right chain (maybe with a little community support) and get back to staking HBN
Whole idea seems nuts to me to be honest.
Giving your coins to someone else to stake
really ...
HBN is old school 2013 coin .. we all know better by now surely.
(having said that I was considering offering a staking service at one point as HBN can be a memory hog)
As I said I'm willing to help out, but, I'm not just going to cough up coins for incompetence.
