a question at the wrong time, only Bittrex is in this condition? there are no other exchanges
RE: WITNESS NODE ADMINS - PLEASE VOTE ON HF9
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WITNESS NODE ADMINS - PLEASE VOTE ON HF9
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Hmm, yeah good question. Probit and Hive-Engine are the current ones.
There are a few old unused (afaik) exchange accounts though:
Maybe @mariuszkarwoski or @megadrive knows? If we are burning a couple of old, provably defunct exchange accounts, then we may as well look at those others too and decide now.
Blurt cannot just burn funds though of a company that still has a beneficiary.
"Blurt cannot just burn funds though of a company that still has a beneficiary."
Exactly! That worries me a lot too.
Exactly, and I am confident that the Blurt Witnesses would never vote to do something like that. Ever.
But that also applies to Bittrex, I think.
"[1.] I am seriously concerned about this point.
If we burn the 21 million Blurt, and at some point in the future a person who has the keys or, for example, the insolvency administrator of Bittrex makes a claim, then we have a problem.
I suggest that we freeze the 21 million blurt permanently in a way that we can pay if the Blurt is claimed in the future."
That would make the most sense to me as well. That way, the potential attack vector is taken care of, and we don't end up mistakenly burning tokens that belong to someone who wants to claim them.
These tokens never made it to the wallets of individual owners. Bitrex never honored BLURT airdrop. You can't claim tokens you never owned. In my opinion, it is safe to burn them.
Ah, after thinking again, I understand what you mean.
Bittrex received the 21 million Blurt from Blurt to distribute as an airdrop to the Blurt investors on Bittrex.
And this apparently did not happen.
burn it before the liquidator gets the idea to sell those tokens
Theoretically yes, but weren't the Blurt transferred to the account via Airdrop? So that they list Blurt with them? Can't it be determined how much went to them via airdrop? Then we can only burn the airdrop value and the rest, which may belong to an ex-customer, remains? Because I don't want to see what happens to the Blurt share price when an ex-CEO of Bittrex realizes that there is still something he can sell to enrich himself after the insolvency.
Thank you!
I'm very happy that you see it that way too!
These are not company funds. It's an airdrop. No one paid a single cent for these tokens. This is a joint business proposal. If the company rejects the business proposal and does not want to list BLURT tokens on the exchange, we have the right to withdraw our proposal and burn these tokens. Before we burn, we could repeat BLURT listing request.
I hope @megadrive has evidence in the form of negative responses from these exchanges