Alternative Cryptocurrencies (General Discussion & Trading)

Just came across Particl. Looks like it's a South African coin to an extent, since the founder is from, and lives in, Port Elizabeth.
 
Big XRB/Nano story.

BitGrail Cryptocurrency Exchange Becomes Insolvent After Losing $170 Million

Italian cryptocurrency exchange BitGrail announced it lost 17 million Nano cryptocurrency (XRB, formerly known as RaiBlocks), currently worth over $170 million.

The company did not use the word "hack" to describe the incident, but in a statement on its website, it said "that internal checks revealed unauthorized transactions."

BitGrail owner Francesco "The Bomber" Firano said on Twitter that the company cannot refund all customers, as it's currently in possession of only 4 million Nano, valued at around $40 million.

Only Nano cryptocurrency was lost in the incident, and no other cryptocurrency was stolen. The money disappeared from BitGrail' own wallets, where it is normally stored after users deposit Nano in their BitGrail accounts.

Controversy brewing between the two sides

The event will not get resolved anytime soon, as there's a controversy brewing between the BitGlass and Nano teams that might hinder efforts in finding a solution to reimburse users.

Firano accused the Nano team on Twitter of not wanting to collaborate to get to the bottom of things.
Click to expand...
 
Ok just exchanged 1 ETH coin for 25 ETC coins - do I just transfer that now to MEW? When will the fork happen and does it automatically fork for me or do I need to “activate” it?
 
weelzSA said:
Ok just exchanged 1 ETH coin for 25 ETC coins - do I just transfer that now to MEW? When will the fork happen and does it automatically fork for me or do I need to “activate” it?
Click to expand...

You will get it automatically, there is drop down menu at top right hand, it will have CLO wallet network soon. Actually had one when they were testing it.

https://etc.nanopool.org

Pool for mining etc, yes you can mine it on 1060s.
 
Gtx Gaming said:
You will get it automatically, there is drop down menu at top right hand, it will have CLO wallet network soon. Actually had one when they were testing it.

https://etc.nanopool.org

Pool for mining etc, yes you can mine it on 1060s.
Click to expand...

Ok great, let me see if I can still login into MEW.

So it worth stopping my current mining and mining etc then? Do I still use nicehash tho? Sorry just a little confused.
 
Gtx Gaming said:
You will get it automatically, there is drop down menu at top right hand, it will have CLO wallet network soon. Actually had one when they were testing it.

https://etc.nanopool.org

Pool for mining etc, yes you can mine it on 1060s.
Click to expand...

Ok a little confused.

Went to MEW website. Entered a password to create an address and then it asked me to save my restore keys and save another file which I did. Then it asks how I want to access my wallet so I selected MetaMask (Chrome extension). It then shows me my Address and also Private Key (Unencrypted) which is blank and can't type in and also Print Paper Wallet with a button to print but nothing happens when you click it.

On the MetaMask Chrome extension it shows my address but that about it.

Should I rather use the Private Key option on MEW?
 
weelzSA said:
Ok a little confused.

Went to MEW website. Entered a password to create an address and then it asked me to save my restore keys and save another file which I did. Then it asks how I want to access my wallet so I selected MetaMask (Chrome extension). It then shows me my Address and also Private Key (Unencrypted) which is blank and can't type in and also Print Paper Wallet with a button to print but nothing happens when you click it.

On the MetaMask Chrome extension it shows my address but that about it.

Should I rather use the Private Key option on MEW?
Click to expand...

Yes use the private key option to view the wallet.
 
Gtx Gaming said:
Yes use the private key option to view the wallet.
Click to expand...

I used private key and this is all I can see?

Wallet.jpg

No drop down etc.

I know to use "My Address" and send the ETC from Binance using that address to receive the ETC coins. Will it only show once I have sent the coins maybe?
 
weelzSA said:
Yeah I have that selected:

View attachment 498789

I just don't see the "CLO Network Soon" for when the fork happens or do I not need to worry as I have now got some ETC coins in my wallet it will fork by itself?
Click to expand...

As long as you have your private key for the ETC wallet you can use it where-ever the clo coins are supported, be it an exchange, mew when the network is released, or any other compatible wallet. Right now it's likely not shown because the network is not yet running.
 
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