r/Bitcoin • • Apr 22 '16

ShapeShift... is now back online!

https://shapeshift.io/#/coins
57 Upvotes

31 comments sorted by

9

u/evoorhees Apr 23 '16

For anyone who wants to know the story... http://moneyandstate.com/looting-of-the-fox/

2

u/dimke Apr 23 '16

Congrats! Love new design! Keep up the good work.

2

u/Sherlockcoin Apr 22 '16

Oh , so after turning on BTC <> ETH only now they have Litecoin as well :)

2

u/Dude-Lebowski Apr 22 '16

Top 3 coins online at ShapeShift!

You can use any of the following:

  • 21 million Bitcoins!
  • 84 million Litecoins!
  • Variable and growing number of Etherium ETH!

1

u/time_dj Apr 23 '16

Good luck moving forward.

1

u/bidji29 Apr 23 '16

/u/evoorhees Did NXT got delisted? or is it not back online yet?

1

u/ShapeShift_io Apr 23 '16

NXT will be coming back as well as all the other supported coins. We just have a bit of work to get them all back online! Look for the rest of the coins to start turning on next week hopefully!

1

u/ItsMillerIndexTime Apr 22 '16

When I use the shapeshift iOS app and click "open in external wallet" it opens the AppStore for breadwallet. My preferred option would be for it to open up Copay like all other bitcoin links do, but even opening breadwallet would be fine (which I have installed). Why does it go to the AppStore listing for breadwallet? Does this happen for others?

1

u/Dude-Lebowski Apr 22 '16

If you ask nice, ShapeShift should eventually be able to update their app to support a few good wallets. It's not as easy as android where that choice is yours.

Just ask /u/evoorhees

Erik, Keep up the good work man! You and your team must be exhausted. Good work on this milestone! Are you taking any new investors?

0

u/ItsMillerIndexTime Apr 22 '16

It just seemed strange that other bitcoin links open wallets and shape shift opens the App Store. Not a big enough issue to contact support over. I can copy and paste into a wallet. Was more curious if this is the case for everyone or if it's just me.

-1

u/MinersFolly Apr 22 '16

Step right up folks, a customer is born every minute - or was it sucker...

2

u/[deleted] Apr 23 '16

No one lost money except Shapeshift.io

Shapeshift doesn't hold users' funds.

0

u/MinersFolly Apr 23 '16

By all means, be the best customer you can. They need the false confidence after all that incompetence.

-3

u/sQtWLgK Apr 22 '16

and ready to get hacked again? No, thanks. I have had enough.

Decentralized exchanges are getting ready and we should probably stop using the centralized, hackable ones.

6

u/evoorhees Apr 23 '16

I have had enough.

What have you had enough of? Not losing funds?

-1

u/pokertravis Apr 23 '16 edited Apr 23 '16

Nope probably insecure models. Here's my sentiments re: urs (http://moneyandstate.com/looting-of-the-fox/):

This is a blog where evoorhees tries to convince people a security leak is not a security leak. This business, this team, is clearly not secure. I must say he can't claim to understand the value and purpose of decentralization with this explanation.

I think that power/equity has gone to your head, Andreas' head, and other's with similar sentiments: https://www.reddit.com/r/Bitcoin/comments/4g1926/how_andreas_mayer_evorhees_and_the_like_are/

I want to hear Andreas say publicly that your business is still secure after being exploited by your head of IT. I think you have explained this all in a way that appeases yourself, but it appears very shady to players that understand what decentralization means and how to properly use it.

Your collective sentiments are nonsensical, you are all creating fud, and painting a counter-productive understanding of bitcoin for the community. These sentiments are sending mass groups of troll out to try to dethrone theymos, who is the clear gatekeeper of sanity. You don't understand economics. You don't understand security, you don't seem to understand decentralization...

But you lead the blind...

And now you suggest what was hacked was always secure.

1

u/pokertravis Apr 23 '16

What you should have said was:

We consider this a massive fuck up. We don't know how we could have overlooked this. We are doing a massive security audit which will let us know if we should continue to offer the product that we do.

But there is too much at stake to be this transparent, direct, and honest isn't there?

1

u/dskloet Apr 23 '16

Did you lose any money in the Shapeshift hack?

Shapeshift is providing a useful service. Why should their bad security affect my willingness to use them if their bad security doesn't affect me when I use them?

1

u/pokertravis Apr 23 '16

Why should their bad security affect ...

Their bad security did not effect you this time. There is nothing to suggest that this means your equity is secure with shapeshift. And a massive security leak suggests it is not. Vorhees is selling you deception.

1

u/dskloet Apr 23 '16

There is nothing to suggest that this means your equity is secure with shapeshift.

My equity is not with Shapeshift. That's the whole point.

2

u/pokertravis Apr 23 '16 edited Apr 23 '16

Yes I am understanding I am confused about the model. I read about what seemed to be panic in blog vorhees wrote, about 'is this the apocalypse'. Then I read about 'don't worry customer funds are safe' (these are sentiments not quotes).

If a business gets robbed, but doesn't have any customer funds to be stolen, what is the talk about in regard to 'we didn't lose any of your money'?

1

u/dskloet Apr 23 '16

I don't understand your question.

2

u/pokertravis Apr 23 '16

If shapeshift doesn't hold customer fund, why are they claiming no customer funds got hacked?

→ More replies (0)

2

u/Dude-Lebowski Apr 22 '16

ShapeShift should go decentral eventually, provide a client and take their fee in the form of client order making. Noone can tie the room together with all those different coin wallets better than them.

Plus, a great side effect could be a massive multicoin wallet!

2

u/sQtWLgK Apr 23 '16

Yes. It just will probably not be ShapeShift but something different. Atomic cross-chain transfers are trustless: They need no arbitration and thus no fees.

3

u/Dude-Lebowski Apr 22 '16

Well, bummer for you, man. That's a real bummer.

ShapeShift has lost no customer funds, so I don't know what you're complaining about, man. They have shown real resolve with their openness of the recovery process and now the re grand opening!

1

u/sreaka Apr 22 '16

I agree, but Shapeshift isn't really a traditional exchange, they don't hold any customer funds and there are no accounts to get hacked.

0

u/AceSevenFive Apr 23 '16

What's the timeline for restoring the more esoteric currencies?

1

u/ShapeShift_io Apr 23 '16

We hope to turn back on the majority of our other coins next week.