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Worldcoin Weekly Report February 4th

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Hi there everybody,


This week has been interesting because we have seen the price drop by quite a lot, now we’d like to address this because it concerns our community. It seems a group of investors lost a hefty quantity of Worldcoins due to a virus that is spreading around targeting altcoin wallets. In this case it appears it was mostly a group of Chinese investors that unfortunately fell victim. As we’re all aware Malware is a big problem so please be careful where you visit and where you store your coins. quick reminder, never use online wallets to store large amounts. If your computer becomes compromised or you fall victim to fake websites (phishing),  you are more likely to lose your coins!


The new wallet features had to be delayed some days because we discovered two subtle bugs and we need some more time testing before a public beta. We hope you understand this, we want a smooth upgrade process first time round!


We are currently putting together a linkedin page to try and make better connections with the World. It’s not finished yet, we’ll have that up next week. Furthermore the googleplus page has been moved; slowly over time we’ll move over everything to fit the new domain.

 

Forum Events
  • Bug that users couldn’t post in dev section fixed

  • Forum member upgrades now available, starting from $5

  • 40+ members reached and almost 250 posts in 2 weeks

  • Awards flamer and fire extinguisher modified in requirements

  • brunozisterer, buggie and Mathy received miner award.


Any questions - contact@worldcoin.global


~~Worldcoin Team~~

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how we can tell people to dont put money in the bank and buy wdc if we can garantue that the money you have cant get stolen.

Bear in mind that  people have this same problem with credit cards and bank accounts every day not because of the technology but because their credentials are not correctly secured. We must educate people to use encrypted wallets and to store them in a safe place.

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how we can tell people to dont put money in the bank and buy wdc if we can garantue that the money you have cant get stolen.

With banks, your money can be stolen via credit card or identity theft, same prinicipiles apply with Worldcoin. The only difference is you're in control and responsible for your losses, at any time you use a 3rd party, you are at risk of this and you are no longer in control.

 

However there may be ways to make it harder for attackers.

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Take your time and get it right the first time... We have a lot of time on our hands as WDC  and crypto's in general  are still in their infancy... It sucks that those people lost some coins but we all have to be responsible and protect our coins as best we can... And anyone who is serious about being involved with and staying involved with crypto's knows it's a long term deal... Price means very little right now!! I know we have a great community and dev team and the price drop is just another bump in the road... Keep calm and mine on, invest on, develop on... etc.

 

Cheers,

 

Ghosty

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With banks, your money can be stolen via credit card or identity theft, same prinicipiles apply with Worldcoin. The only difference is you're in control and responsible for your losses, at any time you use a 3rd party, you are at risk of this and you are no longer in control.

 

However there may be ways to make it harder for attackers.

 

Great Point!

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So, another virus targeting Altcoin wallets.

A good thing to pray security and vigilance again!

 

However, what evidence is there to proof that 'a group of investors' was hit and that the temporarily large trading volumes on BTC38 were related to this?

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So, another virus targeting Altcoin wallets.

A good thing to pray security and vigilance again!

 

However, what evidence is there to proof that 'a group of investors' was hit and that the temporarily large trading volumes on BTC38 were related to this?

One of them contacted us to report the problem, he said hackers have stolen his online wallet and dumped his coins, as we don't have more than this we tagged it as a rumor.

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When you tagged it a rumor- why does the committee participate in scaremongering?

To state there is 'a virus spreading around targeting Altcoin wallets' surely is not what should be issued on nothing more than rumors? Is everybody here savvy enough to feel safe or what damaging effects will it have!

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http://forum.worldcoin.global/index.php?/topic/10-what-would-you-like-to-see-in-2015/page-4#entry228

 

This is my original post. We had previous conversations with the Chineses guy who contacted us to warn us, but of course we don't have absolutely any way to confirm this. Should we stay quiet ? specially knowing that millions of coins changed hands in that period don't you think people would like to know that some one warned us ?

 

We report as we got the info, supporters have to decide to trust it or not.

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I have read this as well, but took it as what it is- a comment from you on those Horeacretan 'suggestions'.

 

My concerns are the notes in the official weekly reports here.

Those might be rumors or there could be sth more sinister to it, but either way, the way information are given is not optimal to say it friendly.

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I have read this as well, but took it as what it is- a comment from you on those Horeacretan 'suggestions'.

 

My concerns are the notes in the official weekly reports here.

Those might be rumors or there could be sth more sinister to it, but either way, the way information are given is not optimal to say it friendly.

I'll try harder to ensure the report is more friendly, it was more about informing about recent events and sometimes it can't be said any other way.

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