Most of you will know by now that VeriCoin is currently working on forking the coin after the MintPal security breach which took place yesterday (click here). Several updates were posted overnight, so let’s see what progress has been made so far!
The VeriCoin team have released an official statement, talking about why they are doing the forking of the coin. A nice gesture, as it will put a lot of community members’ minds to rest. You can find the official statement by clicking here.
It was confirmed several hours ago on Twitter that the VeriCoin fork has been formed successfully. It’s not an easy task to roll back a coin and then fork it at some point, but I’m glad to hear the process was successful.
Official tweet : https://twitter.com/pnosker/status/488469467467628544
A few hours later, Patrick Nosker confirmed on Twitter how the stolen VeriCoin have been forked off successfully. The wallets were still compiling at this point, but LInux users could already grab a copy of the new VRC client on GitHub.
Official tweet : https://twitter.com/pnosker/status/488512486145265664
Two hours ago, a new tweet was posted, and I quote : “Don’t move your coins around on the #VeriCoin network until it is strong. We might need to resync a few times still. “
This was followed up shortly after with the following message, and I quote : “There are a few #VRC chain forks to be safe and keep your coins stationary for now.”
Both of those tweets are the reason for this article, as to inform people they shouldn’t move their coins around until the green light is given. Every additional person we can reach is a bonus for VeriCoin, as we at CryptoArticles don’t want people to lose their money.
We will keep a close eye on the VeriCoin situation, and keep our readers updated accordingly.