This is wrong. The Americus Trust precedents already allow the AC/DC system without the underlying issuers consent. The trusts are SEC registered deals between shareholders and the trusts are the issuers so AC and DCs are their equity
Everyone affected was made whole. Not partially. Not “as best as possible.” The full amount of tokens they lost was restored.
You’re free to question the report or believe whatever narrative you want, but the facts don’t change because the accusation gets repeated.
If the standard is “what happened after the hack,” then the answer is simple:
People lost tokens.
We replaced them at a higher cost.
We kept building.
That is more than most teams in this space would ever do.
Five years ago, on May 3, 2021, XCH entered the market near $2,000.
Since then, the price has fallen hard.
But the idea did not disappear.
The builders did not disappear.
The community did not disappear.
We are still here.
Still building.
Still optimistic.
Respect to @bramcohen and @hoffmang for creating one of the most original blockchain protocols in the world.
Chia is not just a token.
Chia is still alive.
#Chia #XCH #5YearsChia
Don't forget! We're celebrating 5 years of Mainnet on Thurs. March 19 @ 12pm PT. We have a packed event this year, so don't miss it! Link in the comments.
"The Chia Cloud Wallet is a web-based solution that combines security and utility with the convenience and accessibility of modern financial applications."
My prediction is Chia gaming will hit while it's still in beta despite my efforts for a planned rollout and then the hate on me will switch from 'It's never going to ship' to 'You rushed it out'
$XCH dropped 99% from its peak. Everyone has a theory. Nobody does the math.
I did.
Dropping a data driven forensic analysis today on who's actually crashing the price: prefarm sales, NFT creators, or miners?
Community: I need your eyes on this. Verify. Challenge. Let's get to the truth.
Since seeing #Chia invented and evolving it has shown me nothing but huge failures in the rest of the crypto space, programming and humans alike. Years of pump BS built on lies, backdoors, fake security.
Coding and security wise there is nothing that compares to $XCH. Nothing.
Now that $BTC is tumbling down a steep… steep hill.
It’s probably time to look at a bottomed out $XCH and the opportunity it has to create a better financial foundation 🌱
Don’t miss.