Hello, during the last forking issue I lost 1,500 catcoins which is a fairly significant amount of time and also money. Is there any reimbursement or insurance provided for these losses?
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Catcoin Forking Issues - Any Insurance Or Reimbursement Provided?
#1
Posted 19 February 2014 - 10:13 PM
#2
Posted 19 February 2014 - 11:32 PM
Sorry, the pool already lots on it's own. The catcoin had been problematic for a while and it's not the pool's decision to fork-off or our was in our control. So basically, the catcoin was problematic for a while and it was a known issue, so basically you had taken risks to mine catcoin.
#3
Posted 20 February 2014 - 07:28 AM
#4
Posted 20 February 2014 - 08:05 AM
That what i was looking for but still cat-network had a pool which developers of cat requested me to run the pool. And it's miners responsibility to read the news & announcements. See the details here about the issues: https://bitcointalk....9694#msg5249694
#5
Posted 20 February 2014 - 05:20 PM
http://www.reddit.co...the_checkpoint/
One of the dev's of catcoin said they send you coins so you can give us some of our losses back?
I lost 68 + a lot of other coins who disappeared on me..
More info can be found here: https://bitcointalk....opic=441402.720
#6
Posted 20 February 2014 - 08:18 PM
They send the pool 500 coins where the pool has already overpaid users 4000 CAT's. So basically it was to compensate pools negative balance.
#7
Posted 20 February 2014 - 09:10 PM
So where is our share? Why do those people get coins back and we not?
We made support tickets, don't see many others..
I guess I missed that option where you could ask for your coins back.. Good that other people didn't miss it.
#8
Posted 21 February 2014 - 12:06 AM
It was known for catcoin to be problematic for a while and we had news/announcements describing so. Basically mining catcoin was risky enough and we can't pay for block-chain forked found blocks as they're not real. Though when the pool forked of the correct chain, it over-payed some miners and eventually got a minus balance. So nothing we can do really in our part.
#9
Posted 21 February 2014 - 11:31 PM
It was known for catcoin to be problematic for a while and we had news/announcements describing so. Basically mining catcoin was risky enough and we can't pay for block-chain forked found blocks as they're not real. Though when the pool forked of the correct chain, it over-payed some miners and eventually got a minus balance. So nothing we can do really in our part.
Funny you got a minus balance, me too!
So the dev's send you coins to reimburst us, as you can read in the comments here: http://www.reddit.co...the_checkpoint/
but you don't cover the loses of the users as it was intended but only your own...
#10
Posted 22 February 2014 - 12:28 AM
#11
Posted 22 February 2014 - 03:41 PM
#12
Posted 22 February 2014 - 11:05 PM
I'm coding a new validation script that will be processing the pools all previous transactions too see if we have any incorrect ones (during the chain-fork times) and will be fixing them. Will be updating you guys once it's done.
#13
Posted 22 February 2014 - 11:13 PM
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