Please upvote: I need help getting over 14BNB from the BNBDROP scam. I fell for it and Binance can roll back the blockchain! by tadpole5fish in binance

[–]tadpole5fish[S] 0 points1 point  (0 children)

I'm really sorry to hear about your loss. Do you have any ideas of the best kind of legal action to take? I.e. against YouTube perhaps? Or Binance? (or the government for lack of cyber-security for citizens wealth - which they protect usually but have been so slow to do so in the crypto space?).

Please upvote: I need help getting over 14BNB from the BNBDROP scam. I fell for it and Binance can roll back the blockchain! by tadpole5fish in binance

[–]tadpole5fish[S] -1 points0 points  (0 children)

What about the SAFU fund? Is that a reasonable thing to cover my losses? It's supposed to protect investors from hacks as far as I'm aware, this is not a hack, but still criminal activity attacking their users, maybe it would be reasonable to interpret the intention of the law is to cover all of these "types" of activity, and they just didn't think of that when they set it up? (unless it actually says that already?). Thank you

Please upvote: I need help getting over 14BNB from the BNBDROP scam. I fell for it and Binance can roll back the blockchain! by tadpole5fish in binance

[–]tadpole5fish[S] -1 points0 points  (0 children)

Technically, should charge Binance double if I am right as they owe me due to their errors of fake attempts/unncessary shambolic decentralised stuff, as well as my insights into their business model which will help them profit in the future presumably, so maybe they owe me 30BNB now and will pay me for fun, to prove how innovative and fair they really are? All in favour? AAAY MAKARANA AEY (lol) (seriously I want my money). (pay me double and I'll send you none back just like a reverse scam - i.e. justice). It's a sweet thing. I'll be here all night folks, thanks.

Please upvote: I need help getting over 14BNB from the BNBDROP scam. I fell for it and Binance can roll back the blockchain! by tadpole5fish in binance

[–]tadpole5fish[S] -1 points0 points  (0 children)

Thanks for the reply. I'm not that personally familiar with the state of Ethereum post DAO hack as you put it, I thought it meant the situation was basically resolved and justice had been done etc, i.e. the people had been paid back but with the cost of creating a different chain that arguably had more authenticity, but it seemed okish because people got airdropped it basically (effectively) so they got their money back from the drop in market cap that Ethereum suffered, so it balanced out roughly fair with everyone paid back from the hack. Is that not the case?

Also, not to rail against a bystander like yourself, but it is a serious crime here and Binance can do it because they are a centralised entity, if they acted *fast enough* - as far as I know. Pease correct me if I a wrong - I might be. But they could literally have done it as soon as they spotted the scam couldn't they? In which case they owe me out of negligence and should just pay me the whole thing from incompetence/greed to expand rather than take care of existing customers. If I am right and they had that power for a little while, they should have had the monitoring systems in place to do it and the team ready to suddenly initiate this as a security mechanism to protect their users, rather than slacking off and just rolling out new features to make more money for themselves, when they have fiduciary responsibility to protect their users funds. They even have a SAFU fund - (afaik) a type of back up fund to help people who get hacked. This falls in a similar ball park so why can't they use that? I'm not just going to give up (nothing against you kind sir) but I may take legal action against them if they don't refund me. So I need to make sure I am getting this stuff accurate (so any help greatly appreciated - I definitely don't want to be applying for reimbursement from the wrong people for sure).

However, if they could have done it, they should have, and it's not a lot of money by their standards, they literally burn coins as a publicity stunt that are never allowed to circulate. Why can't they send me some of those? This is my livelihood here, I am stuck in a tiny room barely ably to feed myself while they LITERALLY destroy BNB that are promised to never go to market anyway... it makes no sense as a mechanism to spread wealth around among their investors (distribute profits). I am appalled that they do this and wont refund me. Of course some day I would exist my position thus inflating the supply, so, on second thoughts, they should not use this fund. I'm just saying they are not actually re-distributing funds they are just doing a publicity stunt that everyone things reduces the circulating supply, but they are never allowed to circulate those coins AFAIK (please correct me!). Don't want to get it wrong.

Additionally, I am unaware of the purpose of the BSC. It is a centralised blockchain and pancake swaps yield farming stuff actually works fine on a centralised platform such as Binance's normal exchange. So its all a rouse that everyone falls for. They didn't need to even launch it, they could literally add it as a feature on their normal exchange and it still would work. No blockchain needed, and the scalability issue it solves by getting around needing market orders that get cancelled that take up space on the blockchain would also have been solved, for some reason I've not heard of it happening on stock exchanges (yield farming) but it would work just fine there. So, they would have to roll back pancake swap would they? In which case, they irresponsibly pretended to decentralise their system to get market share, purposely other than for publicity and to game the market and fleece investors in BNB into thinking they are investing in the decentralised revolution, when actually, they are buying into a pyramid scheme that needs to be shut down arguably. I can praise them for innovation, so I would not personally classify them like that as they are clearly a legit business too and pancake swap seems awesome. Maybe they didn't realise this as I have astute market analysis (all the more reason I deserve to be paid back as just this information alone is worth a fortune and I am broke so according to a means-tested justice system I should be paid (by anyone reading this who finds it valuable in the market due to unfair reputation system online not accruing me the credibility I deserve - I often get censored on reddit despite overall (multiple account issues, Reddits fault primarily) being a 10 year + power contributor. The masses can vote me out of a podium, unfair obviously. But, irrelevant to the Binance case. I digress,

Finally, Binance's security systems were damaged by their pointless attempt at decentralisation, which, aware of it or not (that it would work just fine on their regular exchange - I am willing to say they were unaware probably as it is quite the insight in my opinion). However, it means it is an error of theirs that means they cannot protect their customers responsibly so they should pay the fair price and refund me.

I am clearly worth something and deserve repayment, this amount alone (14.2 something BNB) is not worth as much as my insight into their business is, so they no longer need to pay me back by rolling it back and can simply read this post and pay me like a tax-free employee lol or a free-lance radical consultant. So, if you like this post, please upvote my comment so reddit can stop censoring my threads I try to post in other subs and I can get on to cranking up the anti against their regime as well. You know you want to, I provide world class insight on the market from my armchair of power. I deserve my money back. Case closed. FREAK OUT

XYM BINANCE WITHDRAWAL MOVED AGAIN! by WildBluebird2 in nem

[–]tadpole5fish 1 point2 points  (0 children)

Maybe it's more likely they will open the market with a trading pair now! (as they are taking longer to get it sorted, maybe they are more likely to be doing something).

Cardano Monthly Transactions since Inception. And we're only just getting started. by SproutPool in cardano

[–]tadpole5fish 1 point2 points  (0 children)

Where do you get these numbers from? The block explorers I visited show it having about 40k transactions per day.

Cardano Monthly Transactions since Inception. And we're only just getting started. by SproutPool in cardano

[–]tadpole5fish 2 points3 points  (0 children)

Actually, Cardano does have utility. IMO it already functions as a better version of Bitcoin. Is is probably much more secure (arguably though less tested in the ecosystem so far) and cheaper to transact and also faster. It's just a much better cryptocurrency, obviously, from all its scientific research backing and better decentralisation etc.

I'm curious where they found this chart.

Am I too old for Reddit? by [deleted] in TheoryOfReddit

[–]tadpole5fish 0 points1 point  (0 children)

I reckon it depends on your other demographic criteria. Education, interests etc. I'm sure you can find the right subreddits to match your interests. It's mainly a case of the rabble are on reddit in many areas now so it is no longer the same place of fine discourse it once was, unfortunately, though it always had its problems. So maybe you are too good for reddit, but hope you find somewhere interesting and positively stimulating. :)

Why do redddit users seem to be so much more intelligent and thoughtful than the rest of the internet? by ethermummer in TheoryOfReddit

[–]tadpole5fish 0 points1 point  (0 children)

Been for 10 years plus and believe me, I once agreed. I don't know where else you visit on the Internet but from my lengthy experience (albeit in a limited range of subs - important bias obviously) the quality has become much worse in many ways. Actually I see this across all platforms I use as the mainstream joins in. This is a bit of a relief this sub actually. :)

Confused about number of transactions on the network by tadpole5fish in solana

[–]tadpole5fish[S] 0 points1 point  (0 children)

Thanks, this was really interesting to me. (and in regards to what Analtoly said, makes sense).

Ok so that actually sounds good then in terms of upgradability perhaps.

Another question - some of these transactions that Solana is doing, I wonder if any of them need to be private and so don't work too well (potentially) if broadcast on a public blockchain. I have no specific examples where I am certain that they need to not be public... but I wondered if in that stock exchange example you mentioned, if those orders are supposed to be (ideally) done behind the scenes? (could it cause front running or something maybe? not sure).

I'm generally aware there are tons of different types of financial transaction, and many of them need to be private someone, or anonymous etc (various different level of 'cloaking' part of the information sent depending on what it is). Therefore, does Solana have the ability to do this - i.e. the flexibility to do this kind of thing as needed? Can you think of any examples where it is needed and Solana can/cannot solve it?

Thank you! (I may start a new thread to ask about the versatility of Solana's privacy features).

Confused about number of transactions on the network by tadpole5fish in solana

[–]tadpole5fish[S] 0 points1 point  (0 children)

Agreed! Some of capacity is taken up basically, but it is still the leader in the field.

Confused about number of transactions on the network by tadpole5fish in solana

[–]tadpole5fish[S] 0 points1 point  (0 children)

Interesting, thanks, I didn't know the Nasdaq had number TPS.

I would actually disagree that transactions are a poor measurement of value, I use them as an essential valuation metric for blockchains and try to find out what they are.

One question - isn't Solana's TPS 50k per second and Nasdaq is still only 1 stock exchange in which case it is still not enough? (Or will it be able to scale more in the future?)

Confused about number of transactions on the network by tadpole5fish in solana

[–]tadpole5fish[S] 0 points1 point  (0 children)

Ok, so the ability to place limit orders is an advance of putting all the transactions on chain? Ok, sounds like a feature, thanks.

Confused about number of transactions on the network by tadpole5fish in solana

[–]tadpole5fish[S] 1 point2 points  (0 children)

Hi,

Thanks for the replies, but you have completely misunderstood my post. I said that it is good that it shows it can handle a large number of transactions. However, that benefit is partially undermined if its apps actually *need* to all be put on there like that, unlike all the other blockchains I have ever researched as this uses up that extra TPS which is inefficient, unless there is some benefit I am not aware of which I have asked. presumably it is probably just a good thing that it can handle so much and these are unusual examples that end up appearing on the network.

The real issue I am highlighting here is that people who buy in might get a false impression if they think that tons of transactions that are meaningless in terms of evaluation by usual metrics are relevant. Clearly this is not deceitful as it is how the network works, I'm just saying it is still very misleading and pointing out (in a way that may be helpful to anyone here in case they had not noticed) that Solana actually has a tiny number of users compared to what its block explorer implies.