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Information Official NXT decision: No Blockchain Rollback

Title :  Official NXT decision: No Blockchain Rollback
Lasting :   15,9
User :  Majar
Date of publication :   2019-10-07
Views :   624
Liked :   679
Downloaded once :   471

Frames Official NXT decision: No Blockchain Rollback

Description Official NXT decision: No Blockchain Rollback

In a tight and tense time, NXT has come to CCN to inform us and our readers as the blockchain of the review. After the BTER cryptocurrency exchange of hacking and theft of 50 million NXT coins, the community has been waiting for something to happen.

This story is offered from the initial break-in of the rescue that do not meet a hacker, its part of the ransom, wars deals, the blockchain of gastronomic and then deleted from the table. Full of twists and turns, the NXT from the community and in the cryptocurrency world looks like the last hack.

[divisor] CCN [/divider]

The Principle

It started with the theft of 50 million NXT from cryptocurrency exchange BTER. Developer Lin-BTER, came out with a statement immediately after the story broke.

"This is the dev from BTER. I'm really sorry for that. Several hours in one of our hosting accounts was hacked, and the hacker got 50m NXT from this server. It is completely our fault, and we will try our best to cover all losses. However 50 million NXT is huge for us, we can't allow, in this moment."

The Rescue

Later, the attacker sends a ransom message through the blockchain offer, the theft of the coins to bitcoins.

"We can trade these NXT for some bitcoins to make life easier for you and for me."

BTER took the offer and negotiated an agreement. You ten bitcoins sent; the hacker has sent back five million NXT. Unfortunately, the hacker then he was rude and said the negotiations were taking too long.

"So, what's taking so long? Send me the next batch already. I'm going to leave soon. 2 hours of hearing already, I took 1 hour to clean all of your heat exchanger. BTC 500+ I'm not going to sit here and wait 2 more hours for you to decide to send you to the poor 10 BTC."

In a fit of panic, BTER 100 bitcoins sent to the hacker change for the rest of the NXT. The NXT does not have achieved yet, and BTER has not yet made a statement about their actions. After the community has done, the rest of the NXT does not move, a war of deals began between the members of the NXT offers you more money to get the coins from the now silent hacker.

The Role Of The Back / Not Roll Back The Decision

The voltages, and the developers put the option of a roll on the table. This trend is not the one that is often preferred, as once before, the hacked was from VeriCoin developers at Mintpal. Patrick Nosker of VeriCoin commented NXT reversal of the decision, not to say that he believes that your blockchain has to be re-established.

Now, according to David Pearce Marketing NXT-blockchain, the recovery option from the table. CCN said directly what the plans were, and they seem to be pretty easy.

"It seems that the NXT community has decided to return. We be the man and take the consequences."

Bas know this link, a NXTforum management and a member of the community, and also CCN with a long statement, in relation to the decision. Would like to be mentioned, is that this is not an official NXT-door-to-voice, but she is a member of the community and the interest groups. Your explanation is from this position, and he understands that many in the NXT community, disagree with him. Once more, it is clear that it is not a NXT-speaker.

As you already know, our developer team has released an update, the set of the blockchain so that only the BTER account affected. As it is, the most NXT forgers has decided to not support this fork. The new version has already been repealed, and the recovery does not take place.

Of course, this whole discussion strikes at the heart of what is a crypto-platform. There is a point at which a blockchain can be cancelled or not?

I understand that the Vericoin developers have decided it is more than 30% of pieces were involved in your case, there.

Our situation and the proposed solution were very different. The main difference I see is that the core stopped our developers, the decision is entirely up to the counterfeiters. You have made the decision not to offer a wide range in everything, but he decided this at hand, where the power of decision, in a PoS system is the actors.

Personally, I think the only thing that is true is, of course, have been able to take and remain neutral. The debate was strongly in this direction, and at a certain point, an option that must be put in place for the parties involved. The debate was clear, no other choice would have been necessary. But this is not an official statement, since we have no official speaker

This situation is terrible for all the people who lost their money. There is no way that you can say, on the contrary. It is terrible, and no effort must be spared to track down the real culprit: the thief. I understand that BTER is the case, and I hope that you are going to have success. This thief now has everything to BTER users in the queue.

I think, as painful as it is, should never. the role of the infrastructure, which is necessary to to ask to use the computer Also, it's the fault of BTER, and clearly been said so many. The only ones who should have no control over what happens to the blockchain with the parties involved. I believe that the measures taken by the developers today will give testimony to their faith in this model.

I've heard a lot of people who have lost funds today echo, think so, and I, that reflects to create the strength of the Nxt community and understand this principle. The last word certainly has not spoken to, or the theft of the funds is resolved. However, the community is a very strong signal of how you feel that the blockchain should be treated.

I want to make it clear that, given that the Nxt has no speaker, my comments are as an actor and a member of the community, not to talk of Nxt as a whole. Certainly there are people who will not agree.

Like, NXT has decided not to roll back the blockchain and let the future, the events develop in a natural way. The decision makes the victims of BTER hack to the trust in BTER, to make things good, but this is now no longer the appearance of an option. It seems that the negotiations have failed, with the pirates, left this message last, no one heard you.

"The agreement is off. Good night."

The feeling, unfortunately, not a lot of hope for the victims of the NXT community. NCC will continue this story unfolds. You lead the conversation in our comments or on our CCN forums.

Comments Official NXT decision: No Blockchain Rollback

Shawn Drumm
So far you were all wrong 😂 BTC WILL RULE THE WORLD
Comment from : Shawn Drumm

George Pavy
Hi Mr. Kristof,I enjoyed reading the Bitcoin Time Traveler's price predictions a year and a half after leaning about this post for the first time. I'm hoping it's accuracy carries through to the end of this year (2019) and beyond.
Comment from : George Pavy

Next run up will be to 89-90k then back to 15-20K
Comment from : R C

Talking Rubbish !
Comment from : R T

Arjay A.
Perhaps this time traveler did not know or understand the full scope, but if if we overlay his world over the theory of Blockchain being an AI invention, with Bitcoin as the monetary incentive for humans to maintain the distributed system an AI would need to scale, the dark future he describes is probable.
Comment from : Arjay A.

Drick Lorenz
The logic expressed at the 9:50 mark is extremely flawed. A flight to safety will not, and has not, benefited Crypto. As the months tick by this video, and others like it, become comically dated.
Comment from : Drick Lorenz

It's interesting but only the prediction of btc seems interesting .The rest of his story is way too out there to start to believe .So back to his prediction which starts in late 2013 by the looks .All he has done previous is pulled btc price data which was times 10 per year .So he then changes it up to 24 months which is times 10 and went with that .That is the only intriguing part of what he said .pretty much made 2 predictions only though to this year .i still find it cool. But as things go with new projects his calculations are standard measure ,balloon then float ,balloon balloon ...rah rah...I suspect its the reason McAfee is making his bet off for 1 million by 2020 (not because of this guy ) but supply and interest demand
Comment from : jeffries1

Allen Lichner
Comment from : Allen Lichner

Oliver Li
WOW! cool find!!! well, i feel great to be a cantonese. my people have taught me well how to hide assets nicely when you're sinfully rich LOL
Comment from : Oliver Li

Ak Jay
Just came to say your title is just a lol.
Can you go to the dictionary and look for the definition of prediction.

Comment from : Ak Jay

Complete bullshit. I saw this post in 2014. He was WRONG about it being 1,000 in 2015. At NO POINT in 2015 did it ever get anywhere close to 2015. It was trading below 300 the ENTIRE YEAR. He also made no mention of the bubbles and crashes. This is the worst prediction I have seen.
Comment from : Traey

Maudie Bush
Love your info and will subscribe.Spammers are shocking aren't they lol Top job.
Comment from : Maudie Bush

Jim Big
I thought Tether has been vindicated recently, showing they are indeed fully backed.
Comment from : Jim Big

Isn't the company ASICminer a Chinese company with physical location in China? Yet Mr Friedman rules it as a citadel king in 2025?
Comment from : lucysluckyday

butterfly effect. If he would hypothetically really be from the future there is a big change we will not experience that future as predictions change once they are aware off. There is no such thing as a prediction of a future, only a probability. However Reading it's story it does make sense if you read it trough. Even if it was just only to make us realise that it can even play out worse then the current corrupt economic system. If bitcoin really would become the new currency that might even be worse in the end. I guess we'll found out soon enough.
Comment from : muziekmindtwister

Cardano is gonna be the #1 coin in 2021 regardless of market cap
Comment from : StephenLucey3

TUSD will replace Tether in the long run.
Comment from : Antilli

Luke Walton
I thought the tether audit completed recently?
Comment from : Luke Walton

Karlos Bada
Comment from : Karlos Bada

michael del zitti
^^^^More pocket emptying bozo news^^^^^
Comment from : michael del zitti

never heard of that time traveler shit - fuck that blows my mind
Comment from : mainstream133

Thank you!!!
Comment from : LUD XRP

Samuel Huh
DIDNT WE HIT 20000 IN 2017?
Comment from : Samuel Huh

travel forward in time is possible, but I don't think we know how to travel back in time yet. I also do not think we can solve this in the next 10 years. It's probably fake af. The elites already planned out our future for the next 50 years at least. I do not think they want us to die. yet.
Comment from : finback2005

john McAfee comes to my mind
Comment from : finback2005

Best Man Gear
The answer is Jamie Diamon, but you have to do the opposite of what he predicts for it to work
Comment from : Best Man Gear

It got to 20k in 2017 so the article is bogus.
Comment from : maxavail

Petr Skupa
Did he had accurate prediction? He was writing in 2013 ... so he had to be approximately accurate with 2 values:
that is all.

Comment from : Petr Skupa

Comment from : 青唐辛子

lol.. promoting Cindicator
Comment from : Techpro

Ela Be
Ffwd to 12 mins. Ur welcome! Time is money & this dood tryna rob ppl.
Comment from : Ela Be

Ela Be
Did any of the other 60K who clicked on this video based on the title ever get what was advertised?! Geezuz. Ppl subscribed to this channel have way to much time & not enough REAL CLARITY n their lives to cling to, apparently
Comment from : Ela Be

Craig Nelson
Money Morning is not that accurate, I've used if before.
Comment from : Craig Nelson

Kurdish Investor
Comment from : Kurdish Investor

That time traveler thing is kinda scaring...
Comment from : HeartFilledHatred

Rezha Taufani
My question is how much progress currently we have on time machine today? How did that guy time slipping 6 Years from now?
Comment from : Rezha Taufani

Jason A. Never Forget Fukushima
What a total waste of my time 14min. of BS just to get linked to a redit post. f u and your click bait shit this is the first and definitely last video of yours I'll ever watch!!!!!! des anybody know if you can block shit video producers on youtube
Comment from : Jason A. Never Forget Fukushima

eeeekkk thanks for the info , friend
Comment from : JASON DAVID

Chip Vasquez
Marijuana and cyrpto? Heck I'm on both I don't feel the lambo?
Comment from : Chip Vasquez

Chip Vasquez
My prediction? I have no doubt there's going to be a Bull Run(s) between July 14th & 21st.
Mark my words.

Comment from : Chip Vasquez

The Antichrist
I have to ask, how could tether, who's market cap barely equates to over 1% of Bitcoin's current market cap, cause Bitcoin to drop by what would now be more than 10%?

moreover, everyone's been talking about this tether concern since before Bitcoin even hit 9000 for the first time. it's not as their tether is the entry point into crypto either, so if it died it would be no different than if Cardano or Tron or any other crypto outside the big 5 died.

Comment from : The Antichrist

#Crypto Goddess
Comment from : #Crypto Goddess

michael bonacci
Yeah, i remember that post
Comment from : michael bonacci

Esteban Quintana
Posted by luka magnotta? He was a serial killer from Montreal, Canada. Hope there’s no relationship lol
Comment from : Esteban Quintana

Kevin Dixon
He was wrong about 2015. It ranged from a low of $178 to a high of $500. Already wrong and if he's from the future of course he could offer proof but being wrong about price proves him wrong already.
Comment from : Kevin Dixon

Kevin Dixon
You sound like a conspiracy nut! lol jk But when you think about every conspiracy theorist in the movies turns out to be right. The time to be afraid to be called a conspiracy theorist is over because it's the mainstream media that is often wrong.
Comment from : Kevin Dixon

Grant Ward
I'm pretty sure sharing that market cap indicator is a breach of confidentiality. Hopefully for your sake, the CND team doesn't catch whiff of this video.
Comment from : Grant Ward

Kevin Dixon
Always been wary of Tether that's why I always trade to USD on Gemini. You can also do it on Kraken. Why are people risking money on such a shady coin?
Comment from : Kevin Dixon

Sektor Mortal
I love your comments, your attitude, and the language too.
Thank you for sharing this info. Have a great month.

Comment from : Sektor Mortal

Hello Mr_Kristof, how are you? I have a question. Is this a good legit investment from Palm Beach Confidential? You talk about this group a lot in your videos and would know if it's a scam or not. Please advise.

But to celebrate the announcement of The Great Cryptocurrency Conspiracy of 2018 event, and to make sure you’re in the best possible position to profit, we’d like to offer you discounted access to this course for only $7.

Comment from : Dan

Eden Zenarosa
Very nice video
Comment from : Eden Zenarosa

Hardcore Panda
Even a broken is correct twice a day.
Comment from : Hardcore Panda

Luka Magnotta, the same name of the killer... that message was posted on: 31th August of '13 - 01:31:31 (Wet. Europe Time) - just a curisoity
Comment from : dajosova

Alt Coin Maximalist BTC is just a PROTOTYPE
I assure you that this is no time traveller. Nothing like these can happen. Nice sci-fi story though.
About the BTC prices in the story: nothing special.

Comment from : Alt Coin Maximalist BTC is just a PROTOTYPE

Omar Touzani
I like what i hear! Wise words, and not some bullshit stuff like we are mooning, bitcoin is gonna be $50000 by the end of the year,....
Comment from : Omar Touzani

M. Bison
holy chet, i wish i read this dudes time traveler article years ago. wth, why haven't i seen it.
Comment from : M. Bison

eserve 247
mcafee stupid . ready to slap with shoes
Comment from : eserve 247

Matthew Kuraja
After 2 minutes of saying him and he regarding the time traveler without naming the guy, I had to down vote.
Comment from : Matthew Kuraja

Space Oddity
In the future....

US Gove will just make a dollar crypto to replace the paper ones.

Everything will run the same

Yes a few bitcoin early investors will be rich. Just like techi guys in the dot.com era.

Comment from : Space Oddity

Ryan Ellis
clickbait title
Comment from : Ryan Ellis

Dingus McGee
Most likely bitcoin will reach $130,000 by 2018 if $6,000 - $6,500 holds as the new bottom for the year and a 20× return rate is to occur again.
Comment from : Dingus McGee

Space Oddity
Last time I heard from time traveling dude it was bitcoin to $20K then $0. Guess he took down that video..
Comment from : Space Oddity

Dustin Witt
Nobody can predict human action and thus this person cannot predict what will happen nobody can it's impossible because humans have the ability to learn so if some people act one way then other will learn and may react differently in or at a different time and place. Arguing with this argues that humans don't have the ability to learn this you would never think this this contradicting your statement. In closing, human action is the definition of economics and trying to predict human action is arguing that humans can't learns which is contrdictional statement in it or it's self. Thank you, I'll be here all week!
Comment from : Dustin Witt

Julio Morales
I'm trying to find the link to the article you said you will post below.
Comment from : Julio Morales

Mohamed’s Bitcoin Crypto News
Yo that’s crazy. They just came out with an article saying that we lost a few hundred thousand bitcoins due to people losing their key, the prediction in the article is exactly the same.
Comment from : Mohamed’s Bitcoin Crypto News

alex manga
All was great work bud
Comment from : alex manga

Mic Jolly
I predict that BTC is going to be above $6600 by midnight tonight.
Comment from : Mic Jolly

Mic Jolly
I think its going to $650,000 by 2020. Why? Because I own 10 btc and I want it to. That's my only reason.
Comment from : Mic Jolly

M Beliv
Iota is the futur!!! No time to wait for lightning network and mining fees
Comment from : M Beliv

Simon Marks
If anyone wants to invest in Masternodes for as little as €100 and enjoy passive income paid daily ask me how?
Comment from : Simon Marks

PCN Preferred Currency News
Good research, thank you.
Comment from : PCN Preferred Currency News

Sell the Dip
Prediction is reasonable
Comment from : Sell the Dip

Ellie Yan
Really interesting video, loved..I be happy with 100k a pop for btc in 2019..I could do with semi retiring..
Comment from : Ellie Yan

Julie Oliver
If the electric goes out where is the value?????it's in the people hands who you gave it to... stupid
Comment from : Julie Oliver

Julie Oliver
People are trading hard earned money for AIR ELECTRIC A CON FROM NWO. WHERE IS THE REAL MONEY GOING WHEN YOU SEND IT? HAHAHAHAHA. THEY MAKE REAL MONEY ( WELL REAL FIAT FAKE MONEY , EARNED INCOME) AND GIVE YOU AN IMAGE OF MONEY.....Tell me that the people running this old scam aren't CIA!!! Think people because of your greed they own you. And if you think it's not designed to steel your wealth your stupid. You are being duped. I ask you again to think you are trading money that has a value for a thought with no value and it is completely valueless. It has no use except to guide people to follow electric money and it is completely and totally MANAGED BY THE WORLD GOVERNMENT...TO GET YOU USED TO BEING A COMPLETE SLAVE MINDS....
Comment from : Julie Oliver

This is a revolution and no one has to die, just buy and HODL
Comment from : Speedspirit100

I'm not sure exactly why people are worried about Tether, you can't exactly cash out with it? Binance now has U.S. Dollar token, it will be interesting to see how that pans out.
Comment from : GoldGunsandGolf

Jim Nielsen
What's accurate about that "time traveller's" predictions? It went to 20k in 2017, not 10k.. And in 2015 it topped at 500 dollars, not 1k.. He's been everything but correct.
Comment from : Jim Nielsen

No one can predict the market. But another interesting and very informative video. Love your style of work and it would be great to hear some more about privacy coins. There are amazing projects, some quite "old" and some pretty new like DeepOnion, but however looking forward to hear your thoughts on it.
Comment from : AnnarioN

the real game changer is digibyte #dgb , dgb will change the world.
Comment from : drgeek100

Look at the volume exchange for all the coins......there going DOWN!    Strange that they are not talking about that aspect.  Unbelievably CNBC did.    Strait truth is that volume should be going up to show increased demand, but volume continues to diminish, month after month.   You do the math.
Comment from : blondeblue32

Eh, how is $10,000 accurate for 2017?
Comment from : theplayernkc

Kathryn J. Hernandez
Very nice video. Thanks.
Comment from : Kathryn J. Hernandez

Jimmy Jimmy
as far as I know, Bitcoin is not really anonymous. Zcash and another 2-3 may be
Comment from : Jimmy Jimmy

dude, the guy who wrote that article needs to find a doc asap
Comment from : DOM

Carolyn Taggart
i see no reason why you guys are still complaining about the rise and fall of cryptocurrency, have you guys not heard about bthcoinbank?
Comment from : Carolyn Taggart

Ryan McAlister
2021 1million I don’t think so that is too crazy
Comment from : Ryan McAlister

Simply Connected
This time traveller is not accurate at all ! $1 in 2011 and 10x per year = $10,000,000 BTC 2018 - wildly inaccurate. This is an incredibly depressing piece.
"you must find a way to destroy this godforsaken project in its infancy"
Sounds like some old central-bank shilling goat, with his masonic gloom predictions - anything to grip onto power with their cold dead hands.
Its not difficult to give Bitcoin away if you have too much of it, you don't have to be super-rich if you don't want to be.

Comment from : Simply Connected

Tony Abbott
I subscribed to Money morning a year ago. I find their articles r mostly full of shit.
Comment from : Tony Abbott

I've turned 2100.00 into 4.6 million in a year and even I am not always right lol
Comment from : Ditkazbearz2

Austin Thresher Music
I THINK IT INTERESTING THAT HE COULD PREDICT EVERYTHING BUT THIS YEAR. Maybe because the hacker wrote it this year? I don't know. Seems convenient. You'll think to yourself but it was published back in....I said "hacker".
Comment from : Austin Thresher Music

Just Finish IT Records
No information in this video. Nothing at all.
Comment from : Just Finish IT Records

The time traveller is a legend. So let’s be frank - it’s probably the most accurate forecast that has been on YouTube yet 😂
“That’s not saying much though”
Wicked topic - nice vid (ppl definitely commenting) 👍🏾

Comment from : Daniel

Howis this 100percent accurate? 10k in 2017...regardless i like 100k in 2019
Comment from : roadstar499

Here's THE coins to own now : ETN. Reddcoin. DigiByte. Theta. Litecoin. Bitcoin. XRP.
Comment from : ROCK AUDITIONS

april robinson
The official currency of those who live in Mom's basement. What garbage!
Comment from : april robinson

G Stew
great vid. subbed
Comment from : G Stew

Jayna Williams
I wouldn't trust ANYTHING coming out of the chans or reddit. They are colossal LARPs, scam artists, manipulators, and hoaxsters of all kinds.
Comment from : Jayna Williams

Going to 7200 ish then a hard short to sub $5K maybe 4450 before real reversal. IMO
Comment from : lunarblues

P. L
Have checked the link of this time traveller. I can't connect the dotes of some events he described. Article submitted by Luka_Magnotta. The famous Luka Magnotta I know of is a convicted killer sentenced in Montreal, Canada.
Comment from : P. L

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